Forex market
Potential bullish rise?GBP/AUD has bounced off the pivot, which acts as an overlap support and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection.
Pivot: 2.0789
1st Support: 2.0703
1st Resistance: 2.1072
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 momentum to extend?GBP/CHF has bounced off the pivot, which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.1076
1st Support: 1.0987
1st Resistance: 1.1252
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?EUR/GBP is falling towards the pivot and could bounce to the 1st resistance, which has been identified as an overlap resistance.
Pivot: 0.8377
1st Support: 0.8326
1st Resistance: 0.8461
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.
USDCHF - is a collapse coming soon?My chart shows exactly what I am seeing and anticipating.
What about you? What is your opinion?
Please comment.
Bullish bounce off pullback support?EUR/AUD has bounced off the pivot, which is a pullback support, and could rise to the 1st resistance, which acts as a pullback resistance.
Pivot: 1.75099
1st Support: 1.73653
1st Resistance: 1.77533
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.
USDJPY BUYTargets @ 144.57 TP1 - 2.1bn @ 145 TP2 - Entries at Structure Breaks or 141 Area combined with Volume - FOMC provide Direction
Bearish drop off overlap resistance?AUD/JPY is rising towards the pivot, which acts as an overlap resistance and could reverse to the 1st support which is also an overlap support.
Pivot: 93.36
1st Support: 91.10
1st Resistance: 94.07
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.
Very Long time Short!Hello all. as you see market was going up because of American Election and Tariffs, but it was just an exciting, it was from no where. then market will go down as sharply as it go up. be happy(wink)
Falling towards 61.8% Fibonacci support?AUD/NZD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.0750
1st Support: 1.07095
1st Resistance: 1.08521
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.
GBPJPY Monday candle closed as bullish engulf..Buyers in controlMonday daily candle closed as bullish engulf hinting that this pair is starting to going up.
Where to enter buy?
Zoom in into smaller timeframe 4hr, 1hr, 15min and wait for the buy price action.
Personally, i would like to see the price to react at "Resistant become Support" zone that i marked in the chart.
No price action in lower TF, no trade.
Good luck.
calculate your own risk & reward.
Bearish reversal?NZD/JPY is rising towards the pivot and could reverse to the 1st support.
Pivot: 86.38
1st Support: 84.37
1st Resistance: 87.07
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.
GBP/USD Weekly zone!The price is currently located at a strong weekly zone, where sellers have their stop-losses placed above it, and buyers have pending buy orders just above the same level.
This creates a high probability that big players will push the price above the zone to trigger the stop-losses of sellers and activate the buy positions of those waiting to enter long.
What almost always happens next is the following:
The price then drops back below the zone, taking out the buyers as well.
That’s why at strong zones on higher timeframes, a false breakout is often expected.
EURCHF 26/05/2025Weekly:
-Weekly lows.
-Liquidity sweep.
Daily:
-Natural M pattern.
-Inverse H&S pattern.
4H:
-Inverse H&S pattern.
EURJPY Wave Analysis – 26 May 2025
- EURJPY reversed from key support level 161.40
- Likely to rise to resistance level 165.00
EURJPY currency pair recently reversed up from the key support level 161.40 (which has been reversing the price from the middle of April), coinciding with the lower daily Bollinger Band
The upward reversal from the support level 161.40 created the daily Japanese candlesticks reversal pattern Long Legged Doji.
EURJPY currency pair can be expected to rise to the next resistance level 165.00, which has been reversing the price from last November.
Trump tariffs spark market jitters....again | FX ResearchAsian markets have shown mixed performance on this Monday. Treasury Secretary Bessant announced plans to relax the supplementary leverage ratio this summer, potentially lowering government borrowing costs by enabling banks to trade more treasuries, while dismissing concerns about rising US bond yields.
However, US fiscal challenges persist with deficits over 6% of GDP and a 120% debt-to-GDP ratio—historically stabilised only by high inflation or asset bubbles—raising doubts about sustainable debt reduction without fiscal reform. President Trump's recent moves, including a 50% tariff on European goods, a 25% levy on foreign smartphones, and the blocking of international students at Harvard, continue to fuel market uncertainty, amplified by US and UK market closures for public holidays.
Key US data this week includes the FOMC minutes, GDP estimates, and the core PCE price index.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
EUR_GBP RISKY LONG|
✅EUR_GBP is going down to retest
A horizontal support of 0.8380
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 0.8414
LONG🚀
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EUR/JPY: Bulls Warming Up for the Next Leg !!Hey Traders
Price is holding above key structure and showing signs of bullish continuation. If momentum sustains, buyers could push price toward higher targets.
🎯 Target: 164.140
📌 (Not financial advice)
#EURJPY #ForexSetup #BullishBias #SmartMoney #PriceAction #FXTrading #TechnicalAnalysis #EuroYen
USD-CAD Bearish Bias! Sell!
Hello,Traders!
USD-CAD is trading in a
Downtrend and the pair
Made a bearish breakout
Of the key horizontal level
Of 1.3774 which is now a
Resistance and the pair is
Making a local pullback
To retest the new resistance
From where we will be
Expecting a further
Bearish continuation
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
My idea on GB/USDMy idea on GBP/USD
The current resting point where price seem to be creating continuation structure already we have 1 bullish confirmation.
Bullish movement The market is in bullish momentum observed from monthly to daily. A drawback(retest) is anticipated and a continuation to the upside expected.
USD/JPY Breakdown: Is 140 the Next Target? Smart Money Says Yes!USD/JPY is currently in a highly interesting technical and macro phase, characterized by divergences between price action and institutional positioning, negative seasonal signals, and retail sentiment that goes against what would typically be expected in a reversal scenario. Let’s break it down:
1. Institutional Positioning (COT Report)
The COT data reveals a mixed picture with bearish implications for USD/JPY:
On the USD side, non-commercial traders continue to increase their net long exposure (+2,044 new long contracts this week). However, this rise is almost equally offset by +1,975 new shorts, indicating indecision and hedging activity.
For the Japanese Yen, non-commercials (speculators) are significantly rebuilding long JPY positions, while commercials have started covering their short exposure.
📌 Implication: The net flow favors the Yen, meaning bearish pressure on USD/JPY. The increase in JPY long positions reflects expectations of a stronger Yen in the short to medium term.
2. Historical Seasonality
Seasonal data reinforces the bearish bias:
In May and June, USD/JPY has historically posted negative returns.
The 5-year average shows -0.57 in May and -0.76 in June, with both the 2Y and 10Y averages confirming a similar downward seasonal pattern.
📌 Implication: The current seasonal window does not favor a USD rebound vs. the Yen. Historically, the likelihood of downside increases into early summer.
3. Retail Sentiment
Retail traders are heavily long, with 64% positioned long on USD/JPY versus 36% short.
📌 Implication: From a contrarian perspective, this is a bearish signal. Markets tend to move against retail positioning, adding further downside risk.
4. Price Action & Technical Structure (Daily Chart)
On the weekly chart:
Price broke the key 144.00 support decisively, closing the week at 142.81.
Structure shows lower highs and lower lows, typical of a bearish trend.
RSI is falling but still above oversold levels, leaving room for further downside.
First demand zone: 141.50–142.20. A confirmed break could open the way to 140.00–139.80.
Key resistance on any pullback: 145.00–146.00.
📌 Implication: The confirmed break of support activated a bearish continuation setup, unless short-term bounces offer new sell opportunities near resistance.
5. Market Depth
Market depth shows a strong cluster of long orders above current levels, while short volumes appear fragmented. This suggests any short-term rally could face aggressive selling between 144.50–145.50.
🎯 Conclusion & Operational Outlook
The overall context points to a high probability of further downside in USD/JPY over the short to medium term:
Smart money is rotating toward the Yen.
Seasonal patterns historically support a drop in May–June.
Contrarian retail sentiment adds additional bearish weight.
The weekly chart confirms a break of structure, opening space below 141.50.
GBPAUD…being the best is a mindset!!Good day traders, I am back again with another great setup and again another opportunity to learn something new.
On the daily TF on GBpAUD we still in a bearish structure and if we use the 2022 model, we had a structure shift lower and now that price is retesting the OTE entry levels we can now expect price to shoot lower, before you asked about the recent FVG on 4H TF. That newly formed BISI is that candle that created the BPR and from what I’ve learned is that price normally shoots past BPR’s.
My poll of liquidity is resting below(weekly), that Ray line makes weekly represents previous week’s low which we want to see the market get to. Just on top of that ray line we have a FVG that price left open, we also wanna see price fill that FVG fully.
