Get started

Forex market

EURUSD SHORTin monthly timeframe the price is making a strong rejection a FVG level also a ChoCh level (also march month is at its end ) indicating a strong down trend and in small time frame a lots of dominant break candle stick pattern which is also a good sign of a down trend .+ some of EUR news are coming at 13:30 Pm if the the news goes RED(bearish) than you enter the market + wait for the trendline to Break in 15 minutes timeframe (for confirmation).and Inshallah you will see good results
Short
by MohammedAijaz
AUD/USD at a Crossroads: The Battle of Breakouts and SupportsTrade frictions remain a headwind in the market. US trade measures have triggered concerns, and the Australian economy, which is dependent on exports to China, may be impacted. Meanwhile, inflation triggered by tariffs conflicts with concerns about a slowdown in the US economy. The Federal Reserve has maintained the interest rate unchanged and adjusted its economic forecasts. The Reserve Bank of Australia (RBA) cut interest rates in February, and future actions will depend on inflation data. Employment positions decreased in February while the unemployment rate remained stable. The upcoming release of the monthly CPI indicator for February is of great concern. The net short - positions of the Australian dollar have increased, and market sentiment is bearish. Technically, if the AUD/USD breaks through key levels, there is upward potential. If the bears dominate, there are multiple support levels. Momentum indicators show mixed performance. AUDUSD sell@0.63500-0.63000 tp:0.62500-0.62000 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Short
by JohnGonzalez7
1
Mexican Peso Under PressureThe Mexican peso has posted three consecutive sessions of losses against the U.S. dollar, signaling a marked erosion in investor confidence. Particularly striking is the fact that this decline has occurred even as the dollar trades in negative territory on Thursday, highlighting the inherent weakness of the peso during the session. Two key factors appear to be driving this downward trend: on the one hand, markets are pricing in an aggressive new rate cut by the Bank of Mexico (Banxico), and on the other, emerging external trade risks are further clouding the outlook for the local currency. Later today, Banxico is expected to cut its benchmark interest rate by another 50 basis points, maintaining its aggressive monetary policy easing cycle. If confirmed, this would mark the second consecutive cut of this magnitude, lowering the cost of money to 9% from the current 9.5%. It's worth recalling that during the last tightening cycle, the rate reached a historic high of 11.25%, meaning the cumulative easing would total 225 basis points with this cut. This decision comes in a context marked by persistently high inflation observed in March and continued economic weakness. While looser monetary policy aims to stimulate economic activity, it also adds downward pressure on the peso, already weakened by external factors. Compounding the situation is a challenging trade backdrop. Mexico posted a trade surplus of $2.21 billion in February, reversing January’s deficit. However, this surplus is worrisome, as it was driven largely by a sharp drop in imports rather than a strong rebound in exports, underscoring a structural weakness in domestic demand. Particularly alarming is the performance of the automotive sector, with exports falling 15.2% in February. Shipments to the United States—Mexico’s main trading partner—declined 10.7%, while exports to other international markets plunged 40.2%. This vulnerability is exacerbated by the recent announcement by President Donald Trump of a 25% tariff on vehicle and auto parts imports, generating renewed uncertainty around the future of Mexico-U.S. trade relations. The combination of internal factors such as weak domestic demand, Banxico’s monetary easing cycle, and mounting international trade uncertainty—particularly in a key sector like automotive—paints a complex and challenging outlook for the Mexican peso in the coming months. Thus, markets appear to be anticipating that this storm could continue weighing on the peso, increasing the risk of further depreciation against the U.S. dollar. The Mexican currency is undoubtedly in a vulnerable position, awaiting greater clarity from both domestic and external fronts. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone
GBP/AUD Price Action Update📊 GBP/AUD Price Action Update 🇬🇧🇦🇺 GBP/AUD is currently testing a strong resistance zone (supply area) around 2.0486, marked in red. 📌 Key Insights: 🔴 Supply Zone (Resistance): 2.0486 - 2.0490 📍 This level has been tested multiple times but failed to break convincingly, suggesting a potential reversal or breakout scenario. 📉 Bearish Scenario: If price rejects this zone, we might see a sell-off towards the 2.0397 support level, as marked on the chart. 📈 Bullish Scenario: If GBP/AUD breaks and holds above 2.0486, it could trigger a further bullish rally. However, a strong rejection from this level increases the chances of a downward move. ⚡ Trading Tip: Wait for confirmation candles before entering trades. A strong rejection with bearish momentum could signal a short entry, while a breakout with retest could indicate a buying opportunity. #fxforever #fxf #GBPAUD #ForexTrading #SmartMoney #TechnicalAnalysis #PriceAction #ForexSignals #DayTrading #MarketAnalysis
Short
by FXFOREVER_87
GBP/JPY: Fibonacci Levels Signal Possible Bullish ContinuationTechnical Analysis: GBP/JPY Bullish Continuation 📈 The GBP/JPY chart provided highlights a bullish trend continuation setup, supported by Fibonacci retracement levels. Here's a detailed breakdown: 📊 Fibonacci Levels in Play The swing low to swing high has been plotted, revealing key retracement levels. The price is currently near the 50% retracement level (194.326), a critical support zone in bullish trends. The 61.8% retracement level (194.165), often called the "golden ratio," serves as a stronger support below this. 📈 Bullish Bias The overall trend remains bullish, with higher highs and higher lows visible on the chart. The corrective pullback to Fibonacci levels suggests a potential continuation of the upward momentum. 🎯 Target Projection The arrow on the chart points to a projected move toward the 195.683 level, aligning with the -50% Fibonacci extension. This target aligns with the bullish trend and indicates a potential breakout above the recent high. 🔍 Confluence and Confirmation The price action shows signs of rejection at the 50% retracement level, indicating buyer interest. A bullish candlestick pattern or increased volume near this zone would further confirm the upward move. ⚠️ Risk Management The 61.8% level (194.165) is a key invalidation point. A break below this level could signal a deeper retracement toward the 78.6% level (193.937) or even the swing low. This analysis is for informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial advisor before making trading decisions.
Long
by fxtraderanthony
Bullish momentum to extend?CAD/JPY is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 104.86 1st Support: 104.28 1st Resistance: 106.56 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 drop off pullback resistance?NZD/JPY has rejected on the pivot and could drop to the 1st support. Pivot: 86.70 1st Support: 85.11 1st Resistance: 87.37 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