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NZDUSD Short-term Channel Up aiming higher.The NZDUSD pair has been trading within a 20-day Channel Up and today hit its 4H MA50 (blue trend-line). Last time it did (February 18), it held and initiated a rebound marginally above the 1.236 Fibonacci extension. Given that the current pull-back is almost as strong (-1.30%) as the previous, but more importantly the 4H RSI hit its 1-month Higher Lows trend-line, we expect a rebound. Our Target is again the 1.236 Fib ext, this time at 0.57900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURUSD INTRADAY sideways consolidation supported at 1.0425The EURUSD currency pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the breakout level, previous resistance, and now a new support zone. The key trading level is at 1.0425, which is the previous consolidation price range and rising trendline zone. A corrective pullback from the current levels and a bullish bounce back from the 1.0425 level could target the upside resistance at 1.0531 followed by the 1.0562 and 1.0617 levels over the longer timeframe. Alternatively, a confirmed loss of the 1.0425 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 1.0374 support level followed by 1.0350 and 1.0300. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
Bitcoin Rejection at Resistance: Potential Drop to 94,825This BTC/USD 1-hour chart highlights a key resistance zone around 96,400, where price has tested and failed to break through. A rejection from this level suggests potential downside movement. If the price confirms rejection at resistance, a bearish move toward the target zone near 94,825 is likely. The overall setup indicates a possible short opportunity if resistance holds. Resistance : Around 96,400 – 96,600 Target: 94,825
BITSTAMP:BTCUSDShort
by TRADE_CENTER_1
3
Bullish bounce?The Aussie (AUD/USD) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 0.6323 1st Support: 0.6260 1st Resistance: 0.6402 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.
Long
by ICmarkets
3
Could the Kiwi bounce from here?The price is falling towards the pivot which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.5693 1st Support: 0.5663 1st Resistance: 0.5744 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.
Long
by ICmarkets
Bearish reversal off pullback resistsance?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support which is a pullback support. Pivot: 71.85 1st Support: 70.11 1st Resistance: 72.91 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.
ICMARKETS:XTIUSDShort
by ICmarkets
Potential bearish drop?The Gold (XAU/USD) is reacting off the pivot which lines up with the 161.8% Fibonacci extension and could drop to the 1st support which has been identified as an overlap support. Pivot: 2,953.33 1st Support: 2,882.38 1st Resistance: 2,979.66 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.
ICMARKETS:XAUUSDShort
by ICmarkets
1
EURUSD 25 Feb 2025 W9 -Intraday Analysis- US Consumer ConfidenceThis is my Intraday analysis on EURUSD for 25 Feb 2025 W9 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Today economic news: US : Consumer Confidence The market still in the same sentiment detailed in my Weekly Analysis . Below a summary: Short-Term Bias: Cautiously bullish for EUR/USD, driven by optimism over delayed tariffs, geopolitical progress, and hopes for softer inflation. Key Risks: A hot PCE report reviving Fed hawkishness. Sudden tariff escalations or breakdowns in peace talks. 4H Chart Analysis 1️⃣ 🔹Swing Bullish (Reached Swing Extreme Demand) 🔹INT Bearish (Reached Extreme Supply) 🔹INT-INT Bullish (Reached EQ (50%) 🔹Swing Continuation 2️⃣ 🔹With the deep pullback to the Bullish Swing extreme discount and mitigating the 4H/Daily demand zones, price turned Bullish forming a Bullish CHoCH. 🔹The current Bullish move from Swing extreme discount to current price level having 2 scenarios (Previously I’d the following 2 scenarios where now I favors the 2nd scenario due to the impulsive nature of the move): Scenario 1: Pullback for Bearish INT Structure and with the recent Bearish CHoCK and Minor Demand zones are failing, I expect Bearish continuation to target the Weak INT Low which aligns with the Daily/Weekly Bearish Structure/Move. (Counter Swing – Pro Internal) Scenario 2: Bullish Swing continuation to target the Weak Swing High. Which requires to have Demand holding and Supply failing. The first sign required to confirm this scenario will be the current Demand which price is currently at to hold and we form a Bullish CHoCH. (Pro Swing – Counter Internal) 🔹With this week open, price continued Bullish as expected and created another ii-BOS after which price started PB for the ii-BOS and reached the recent Demand which we could see the next Bullish move from. 3️⃣ 🔹Still expectation is set to continue Bullish targeting the Weak Swing High as long LTFs holds Bullish structures. Also, In my mind I’m not neglecting the current Bearish 4H INT structure and we already reached that structure extreme. 15m Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bullish 🔹Reached Swing EQ (50%)/Discount 🔹Swing Continuation Phase 2️⃣ 🔹After the 15m Bullish BOS, price initiated the Swing PB Phase. 🔹Price reached the 15m Swing EQ (50%) and turned Bullish after the INT structure changed to Bullish iBOS indicating that the Swing PB maybe over and we are currently starting the Swing Bullish continuation Phase. 3️⃣ 🔹Expectations is set to continue Bullish with the 15m / 4H INT & Swing are all Bullish. 🔹Price targets are 15m Weak INT High and ultimately 15m Weak Swing High.
by Amr-Sadek
USDJPY Downtrend USD/JPY is currently in a strong downtrend, indicating a bearish market sentiment. The pair continues to follow the descending trendline, respecting lower highs and lower lows, which confirms the ongoing downward momentum. Bearish Scenario: Trend Continuation First Key Support – 148.100 This level serves as a major support zone where price could find temporary consolidation or a minor pullback. If price breaks below 148.100 with strong bearish pressure, further downside is expected. Next Major Support – 142.000 A clean break and close below 148.100 could accelerate selling pressure. The next critical level to watch is 142.000, a strong historical support zone and a psychological level. If this level is reached, the bearish trend will likely extend further. Bullish Scenario: Trendline Breakout If USD/JPY breaks above the descending trendline, it may signal a potential trend reversal or retracement. The key resistance to watch for a breakout is 151.300, which acts as a strong support-turned-resistance level.
Short
by Pipsview_Analysis
1
NZDUSD in a sequence of higher lows and highs.NZDUSD - 24h expiry Trend line support is located at 0.5725. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.5775 will confirm the bullish momentum. We look to Buy at 0.5725 (stop at 0.5695) Our profit targets will be 0.5800 and 0.5825 Resistance: 0.5775 / 0.5800 / 0.5825 Support: 0.5725 / 0.5700 / 0.5675 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Gold might descend to a support level, breaching the resistance Hi, traders. I'd like to share with you my thoughts on Gold. On this chart, we can observe that the price has recovered from the mirror line and begun to rise. Shortly later, it approached the support level, broke it, and hovered for a while before returning to the mirror line. Later, the price broke through the support level once more and resumed trading inside a range. During this phase, it climbed to the resistance level, which coincided with the seller zone, before retreating to the mirror line. Gold then dipped into the buyer zone before quickly rising over the mirror line and into the seller zone. Following this movement, XAU corrected below the mirror line and resumed its upward journey. Shortly later, the price approached the resistance level, broke through it, and departed the range. For a while, gold traded above the seller zone, but it subsequently plummeted and is presently hovering at the 2930 resistance level within the sale zone. I anticipate Gold will climb little before continuing to drop, eventually shattering the resistance level. Furthermore, I believe that following the breakout, it will prolong its slide toward the 2865 support level. Please share this idea with your friends and click Boost! 🚀 : 📉 XAU/USD - Bearish Reversal from Seller Zone! 🚨 💰 Gold Spot (XAU/USD) - 1H Chart Analysis Key Insights: 🔹 Resistance Level Held Strong – Price tested the seller zone but failed to break through, signaling strong bearish momentum. 🔹 Buyer Zone Played Out – Earlier, buyers pushed the price up from a strong accumulation zone, but exhaustion is visible now. 🔹 False Breakout & Range Formation – A range developed at the top, indicating distribution before a potential drop. 🔹 Support Level in Sight – If the price follows the projected path, we might see a test of the $2,865 - $2,850 zone soon. 📊 Trading Plan: 📌 Bearish Bias: Look for short opportunities as long as price stays below resistance. 📌 Confirmation Needed: A break below $2,930 would strengthen bearish sentiment. 📌 Targets: $2,900, then $2,865 - $2,850. 🚀 What do you think? Will gold break down or bounce back? Drop your thoughts in the comments! 👇🔥 #gold #xauusd #trading #forex #priceaction #technicalanalysis
FOREXCOM:XAUUSDShort
by NexusTradesZone
GBP/USD Wedge Breakout (24.2.25)The GBP/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.2567 2nd Support – 1.2515 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
13
GBPUSD A Bearish Shift in the MakingThe chart highlights a key overhead resistance (red line). Price has tested this level and appears to be struggling to break above it decisively. This resistance zone is likely attracting sellers who are defending it vigorously. After failing to break above the resistance, the market seems to be forming a lower high. This shift in structure can be an early warning of a bearish reversal, as buyers lose momentum and sellers begin to gain control. The blue horizontal line marks a significant support zone. The chart’s projected path indicates a potential move down toward this area, suggesting that sellers might push the price lower if immediate support levels fail to hold.
Short
by TopGBanks
USDCHF INTRADAY testing important support at 0.8946 The USDCHF currency pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the rising support zone. The key trading level is at 0.8946, the previous consolidation price range, and the rising support trendline (Daily timeframe) zone. A corrective pullback from the current levels and a bullish bounce back from the 0.8946 level could target the upside resistance at 0.9033 followed by the 0.9087 and 0.9120 levels over the longer timeframe. Alternatively, a confirmed loss of the 0.8946 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 0.8913 support level followed by 0.8860. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EURUSD Will it follow Trump's 1st Term??The EURUSD pair made a market bottom on January 13 2025 and in recent trade, it has been consolidating above the 1D MA50 (blue trend-line). Interestingly enough, this is so far similar to the price action that preceded and followed Trump's 1st Term. A 1D Death Cross took the market from the November 2016 elections to the January 2017 bottom. After a 1D RSI Double Top and Resistance rejection, the pair dropped again below the 1D MA50 (blue trend-line) but recovered to reach the 1D MA200 (orange trend-line) in end of March 2017 and initiate an aggressive Channel Up that peaked on the 1.618 Fibonacci extension from the September 2016 High. If EURUSD continues to replicate Trump's Year 1 of his 1st Term, it is possible to see the price reach 1.19000 by the end of 2025, although of course we can't rely solely on repetitive patterns, but have to go along macro reports and policies one at a time. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
1
GBPUSD - Down We Go!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPUSD has been overall bullish, trading within the rising channel marked in red. However, it is currently retesting the upper bound of the channel which lines up perfectly with the resistance zone marked in blue. 📉As per my trading style, as long as the resistance zone holds, I will be looking for sell setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
16
EURO LIFTS POST-GERMAN VOTE—BUT USD BITES BACKEURO LIFTS POST-GERMAN VOTE—BUT USD BITES BACK FX:EURUSD (1/9) Good morning, Tradingview Fam! Germany’s election—Merz and CDU on top—gave the euro a quick jolt, up 0.44% to $1.0507 📈🔥. Markets dig the stability vibe, but it’s fading fast—let’s unpack this tussle! 🚀 (2/9) – ELECTION SPARK • Euro Bump: Hit $1.0530 overnight—election cheer 💥 • Markets: DAX futures up 1.2%, EUROSTOXX 50 +0.66% 📊 • Fade: Now at $1.0480—USD’s flexing back Brief lift—stability’s sweet, but not sticky! (3/9) – TECH TELLTALE • Resistance: $1.0500-1.0510 wall holds firm 🌍 • Support: $1.0470 pivot, then $1.0440 if it slips 🚗 • Charts: Double top whispers at $1.0530 🌟 Traders on X see a retreat—bearish juice brewing? (4/9) – USD PUSHBACK • Jobless Claims: Weak last week, USD softened a tad 📉 • Fed: No rush to cut—rates steady, Nvidia looms • Muscle: Dollar’s clawing back—ballast holds AMEX:USD ’s got grit—euro’s nudge ain’t enough! 🌍 (5/9) – RISKS IN PLAY • Volatility: PMI data, Nvidia earnings stir the pot ⚠️ • Sentiment: X split—liquidity grab or bear turn? 🏛️ • Levels: Below $1.0470 opens $1.0390 risk 📉 Quick sprint—can euro keep the pace? (6/9) – SWOT: STRENGTHS • Election Lift: CDU win sparks euro hope 🌟 • Markets: European futures pop—optimism flows 🔍 • Cash: $1.0530 peak shows buyer guts 🚦 Euro’s got some spark—briefly lit! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: $1.0510 cap, USD fights back 💸 • Opportunities: PMI beats could push $1.0600 🌍 Will euro dodge the dollar’s jab? (8/9) – Euro’s election bump—what’s your call? 1️⃣ Bullish—Stability wins out. 2️⃣ Neutral—Blip, not a trend. 3️⃣ Bearish—USD takes the ring. Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY Euro spiked to $1.0507 on Germany’s vote—CDU’s steady hand 🌍🪙. Now $1.0480—USD’s got claws. Resistance bites, downside looms—blip or bust?
by DCAChampion
Potential bullish rise?The Fiber (EUR/USD) has bounced off the pivot which is a pullback support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.0402 1st Support: 1.0293 1st Resistance: 1.0601 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.
Long
by ICmarkets
2
Heading into pullback resistance?The Cable (GBP/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 1.2768 1st Support: 1.2496 1st Resistance: 1.3037 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.
Short
by ICmarkets
1
Could the price bounce from here?USD/JPY is falling towards the pivot and could bouncer to the pullback resistance. Pivot: 149.28 1st Support: 146.90 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.
Long
by ICmarkets