EURUSD before NFP
Yesterday, EURUSD held below the 1,0400 level, awaiting the news.
Later today, the NFP data data will be released.
This news will determine the next movement of the USD.
If a higher low forms, the target will be to test and break previous highs.
Key resistance levels:
1,0425
1,0522
1,0568
Entry signals will be confirmed after the news!
USD
USDJPY Is Nearing The Uptrend Combined With The Daily Support!Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 151.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area.
Trade safe, Joe.
Gold Wave 5 Bull Complete?! (4H UPDATE)We've seen an initial rejection from our resistance zone, with Gold down 470 PIPS so far. We have seen most of today's downside wiped, as Gold has pushed back up again.
We have NFP data tomorrow, so how Gold moves & the weekly candle closes, will indicate if we still have some further upside left next week.
Bullish momentum to extend?XAU/USD is falling towards the support level which is an overlap support that aligns with the 61.8% and the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2,812.53
Why we like it:
There is an overlap support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 2,776.95
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Take profit: 2,871.83
Why we like it:
There is a pullback resistance level.
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.
Bearish reversal off 38.2% Fibonacci retracement?USD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.9081
Why we like it:
There is a pullback resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.9148
Why we like it:
There is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Take profit: 0.9008
Why we like it:
There is an overlap support level.
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.
Bullish bounce?EUR/USD is has bounced off the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.0354
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.0290
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.0455
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
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.
NZDUSD Is Nearing The Daily TrendHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.57500 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.57500 support and resistance area.
Trade safe, Joe.
EURO - Price can leave pennant and rise to $1.0500 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel and soon reached resistance line, after which fell below.
Next, price rose to $1.0455 level, and then corrected to support line, after which bounced up and broke $1.0455 level.
Then Euro reached resistance line of channel and then started to decline, making a first gap and dropped to resistance area.
Price exited from channel, breaking $1.0455 level, and continued to fall inside pennant, where it fell to $1.0210 points.
Before this, price made a strong second gap, and then quickly rose to resistance line breaking $1.0455 level.
I think that Euro can bounce up from pennant to $1.0500, breaking resistance level and exiting from this pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Keep an eye on the BoE interest rate decisionDo not miss the BoE interest rate decision, where the Bank is expected to go for another 25bps cut. Can the BoE afford it? Let's see.
MARKETSCOM:GBPUSD
FX_IDC:GBPUSD
74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
EURUSD - Short Scalp (ICT Concepts)Short scalp on EURUSD using ICT Concepts amongst my own methodologies.
Apologies for no sound, error with the microphone.
Was either expecting a bounce at this iFVG 12h highlighted in maroon, or lower prices. Resistance at the upper threshold of the iFVG indicates resistance, following by CPDAs. Decided to change my buy stop order to market sell.
- R2F Trading
Falling towards 38.2% Fibonacci support?The Fiber (EUR/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 1.0357
1st Support: 1.0291
1st Resistance: 1.0462
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 Cable (GBP/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that lines up with the 127.2% Fibonacci extension.
Pivot: 1.2475
1st Support: 1.2393
1st Resistance: 1.2611
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?USD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance.
Pivot: 151.91
1st Support: 151.04
1st Resistance: 153.74
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.
Potential bullish bounce?The Loonie (USD/CAD) has bounced off the pivot which has been identified as pullback support and could rise to the 1st resistance.
Pivot: 1.4295
1st Support: 1.4176
1st Resistance: .4405
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 drop?The Aussie (AUD/USD) is reacting off the pivot which acts as a pullback resistance and could drop to the 1st support level.
Pivot: 0.6285
1st Support: 0.6237
1st Resistance: 0.6330
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.
Could the price rebound from here?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 71.52
1st Support: 69.32
1st Resistance: 73.87
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?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st resistance that lines up with the 38.2% Fibonacci retracement.
Pivot: 0.5630
1st Support: 0.5590
1st Resistance: 0.5716
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.
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5700 will confirm the bullish momentum.
The measured move target is 0.5750.
We look to Buy at 0.5675 (stop at 0.5655)
Our profit targets will be 0.5725 and 0.5750
Resistance: 0.5700 / 0.5725 / 0.5750
Support: 0.5675 / 0.5650 / 0.5625
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.
Gold Wave 5 Bull Complete?! (4H UPDATE)I said on yesterday’s update that during extreme market volatility, Gold can possibly push up towards $2,868 - $2,883. This morning we saw that extreme move up & Gold has now aggressively rejected our $2,882 resistance zone🔥
Even though more upside MIGHT happen, overall Wave 5 is close to completion. Look left on the chart & you’ll see Wave 5 is now above our Wave 3 high of $2,790 which formed in November 2024. The 5 wave bullish cycle is complete or close to completion.
Bullish momentum to extend?GBP?USD is falling towards the support level which is an overlap support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.2466
Why we like it:
There is an overlap support level that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 1.2398
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Take profit: 1.2581
Why we like it:
There is a pullback resistance level that is slightly below the 127.2% Fibonacci extension.
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.
Potential rebound from support?USD/JPY is falling towards the support level which is an overlap support that is slightly below the 71% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 151.88
Why we like it:
There is an overlap support level that is slightly below the 71% Fibonacci retracement.
Stop loss: 150.93
Why we like it:
There is a pullback support level that aligns with the 78.6% Fibonacci retracement.
Take profit: 153.24
Why we like it:
There is a pullback resistance level.
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.