LONG ON GBP/USDGU is currently in its pullback phase of its uptrend.
We have a nice sell side Liquidity sweep being completed at this moment.
Price should now tap into previous demand that broke a high to repeat history and rise again.
Very Nice Setup over 300 pips on the table to the previous high/supply zone.
USD
Bullish bounce for the Fiber?The price is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance, a swing high resistance.
Pivot: 1.1612
1st Support: 1.1538
1st Resistance: 1.1803
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal off pullback resistance?The Swissie (USD/CHF) is rising towards the pivot, which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse to the 1st support.
Pivot: 0.8076
1st Support: 0.7879
1st Resistance: 0.8295
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Heading into 50% Fibonacci resitance?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support.
Pivot: 71.43
1st Support: 65.55
1st Resistance: 76.08
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/JPY(20250714)Today's AnalysisMarket news:
① Fed's Goolsbee: The latest tariff threat may delay rate cuts. ② The Fed responded to the White House's "accusations": The increase in building renovation costs partly reflects unforeseen construction conditions. ③ "Fed's megaphone": The dispute over building renovations has challenged the Fed's independence again, and it is expected that no rate cuts will be made this month. ④ Hassett: Whether Trump fires Powell or not, the Fed's answer to the headquarters renovation is the key.
Technical analysis:
Today's buying and selling boundaries:
147.02
Support and resistance levels:
148.39
147.88
147.55
146.49
146.15
145.64
Trading strategy:
If the price breaks through 147.55, consider buying, and the first target price is 147.88
If the price breaks through 147.02, consider selling, and the first target price is 146.49
Bullish bounce off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 1.3375
1st Support: 1.3126
1st Resistance: 1.3758
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish continuation?The Fiber (EUR/USD) is falling towards the pivot, which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.1589
1st Support: 1.1448
1st Resistance: 1.1815
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,810.19
1st Support: 2,361.23
1st Resistance: 3,481.42
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Heading into pullback resistance?The USD/JPY is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support.
Pivot: 148.44
1st Support: 143.24
1st Resistance: 151.23
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal off Fibonacci confluence?The Bitcoin (BTC/USD) is rising towards the pivot and could reverse to the 1st support which is a pullback support.
Pivot: 121,983.11
1st Support: 112,086.50
1st Resistance: 128,114.70
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAUUSD 4Hour TF - July 13th, 2025XAUUSD 7/13/2025
XAUUSD 4 hour Long Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
Gold is looking pretty bullish this week as we saw a significant push above our 3,320.000 resistance zone. Looking to ride that same trend through this next week.
Bullish continuation - After a nice rally last week gold looks primed for another long setup. Ideally, price action goes for the retest of 3,320.000 and forms a higher low. This would confirm bullish structure and we can begin targeting higher toward major levels of resistance.
Bearish Reversal - For us to consider bearish setups we would first need to see a break back below 3,320.000 followed by a confirmed lower high. If this happens we can consider short positions and look to target lower toward major levels of support.
Major resistance ahead?The Gold (XAU/USD) is rising towards the pivot and could reverse to the overlap support.
Pivot: 3,343.09
1st Support: 3,307.61
1st Resistance: 3,363.76
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards the pullback support?The Silver (XAG/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 37.29
1st Support: 36.29
1st Resistance: 39.10
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/CAD: Inflation gaps create opportunityIn the U.S., inflation accelerated for a second straight month, with headline CPI reaching 2.7% year-on-year in June as President Trump’s tariffs begin to push up the cost of a range of goods.
Increasing inflation could likely heighten the Federal Reserve’s reluctance to cut its interest rate, in defiance of Trump’s public demand. This could provide upward momentum for USD/CAD if expectations for rate cuts are delayed.
USD/CAD is showing signs of a potential trend reversal after finding strong support around 1.3600 in late June. Price action has since formed a series of higher lows, and the recent breakout attempt above 1.3720 suggests bullish momentum could be building.
Canada’s inflation rate, released at the same time as the US’s, edged up to 1.9%, staying below the Bank of Canada’s 2% target for a third consecutive month. With the BoC already signalling easing bias, this divergence in inflation paths may limit CAD strength.
Heading into 38.2% Fibonacci resistance?AUD/USD is rising towards the resistance level which is an overlap. resistance that aligns with the 38.2% Fibonacci retracement and. could drop from this level to our take profit.
Entry: 0.6543
Why we like it:
There is n overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.6587
Why we like it:
There is. pullback resistance.
Take profit: 0.6492
Why we like it:
There is an overlap support level that lines up with the 100% Fibonacci projection.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off pullback support?USD/CAD is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 1.3695
Why we like it:
There is a pullback support.
Stop loss: 1.3644
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Take profit: 1.3781
Why we lik eit:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCAD LONG DAILY FORECAST Q3 D15 W29 Y25USDCAD LONG DAILY FORECAST Q3 D15 W29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
DXY Weekly Update — July 14, 2025⌛ Timeframe:
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📆 Analysis Date: July 14, 2025
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🎯 Weekly Bias: Bearish-to-Neutral (Potential for retracement or reversal)
🔎 Market Overview:
⬇️ Persistent USD Weakness:
DXY has dropped nearly 10% YTD, marking the steepest half-year decline since 1986.
📉 Rate Cut Expectations:
Markets are pricing in a potential 75bps rate cut by the Fed in H2 2025, pushing yields and the dollar lower.
📦 Trade War Fears:
Renewed tariff risks (targeting EU, Japan, Mexico, South Korea) aren't boosting demand for USD — a signal of lost safe-haven appeal.
⚖️ Central Bank Diversification:
Global reserve managers are rotating into gold and away from USD, weakening long-term structural demand.
🌀 Sentiment & Risk Appetite:
💸 Liquidity Demand is Soft:
DXY is retesting a 4H fair value gap (97.10–97.30), suggesting potential short-term consolidation or correction.
🌍 Risk-On Mood Returns:
According to Goldman Sachs, the USD is trading more like a "risk asset" than a haven, aligning with rising equity appetite.
📉 Technical Landscape:
🟠 4H Structure:
If DXY breaks below 97.00, next support lies at 96.37, followed by 95.50–96.00.
Consolidation expected if price remains within the FVG.
🔻 Key Resistance:
97.70–98.20 zone. A break above this area could change the tone to bullish.
📌 Summary:
🔷 Fundamentals show long-term dollar weakening (rates, trade tension, reserve shifts)
🔷 Sentiment aligns with risk-on appetite and reduced USD demand
🔷 Technicals at critical level; break below 97.00 opens room for correction, break above 97.70 shifts bias bullish
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.
.
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🟠 Bias: Bearish to Neutral
Watch Levels: 97.00 support, 97.70–98.20 resistance
⚠️ Note: This analysis is for educational purposes only and is not financial advice. Always apply risk management.
✅ If you like this analysis, don't forget to like 👍, follow 🧠, and share your thoughts below 💬!
USDJPY 4Hour TF - July 13th, 2025USDJPY 7/13/2025
USDJPY 4Hour Neutral Idea
Monthly - Bullish
Weekly - Bearish
Daily - Bearish
4Hour - Bullish
Finally UJ is looking more clear. We’re now able to drop to the 4Hour instead of the Daily TF due to price action reaching a major zone of anticipated reactions.
As always we’re looking at two trade scenarios going into the week ahead:
Bullish Continuation - UJ is currently sitting at 147.500 resistance and closed there last week. Going into this week we could see the bullish trend continue but we would need to see a clear break of 147.500 resistance to gain confidence. Look for a higher low confirmed above 147.500 followed by strong bullish setups to enter long on. Look to target higher toward major resistance levels like 149.250 area.
Bearish Reversal: Despite the strong bullish momentum we saw from last week, a reversal is still possible as price action is near our 147.250 zone. In order to consider bearish setups we would need to see strong rejection from the current level of resistance. Look to target lower toward 145.000 support.
Heading into Fibonacci confluence?XAU/USD is rising towards the resistance level, which is a pullback resistance aligning with the 127.2% Fibonacci extension, the 71% Fibonacci retracement, and the 100% Fibonacci projection. A reversal from this level could lead to our take profit
Entry: 3,392.02
Why we like it:
There is a pullback resistance that lines up with the 127.2% Fibonacci extension, the 71% Fibonacci retracement and the 100% Fibonacci projection.
Stop loss: 3,451.74
Why we like it:
There is a pullback resistance.
Take profit: 3,338.86
Why we like it:
There is a pullback support.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off overlap support?AUD/USD is falling towards the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could bounce from this level too ur take profit.
Entry: 0.6546
Why we like it:
There is an overlap support that is slightly above the 50% Fibonacci retracement.
Stop loss: 0.6529
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.6590
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Falling towards major support?The Cable (GBP/USD) is falling towards the support which is an overlap support that lines up with the 78.6% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.3396
Why we like it:
There is an overlap support that lines up with the 78.6% Fibonacci projection.
Stop loss: 1.3318
Why we like it:
There is a pullback support.
Take profit: 1.3503
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.