Bearish breakout?The Kiwi (NZD/USD) is falling towards the pivot, which acts as an overlap support. A breakout could lead the price to drop to the 1st support, which is also an overlap support.
Pivot: 0.5938
1st Support: 0.5840
1st Resistance: 0.6028
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.
Forex market
EURUS possible bearish reversal correction for 1.1100 & 1.1000#eurusd weekly key reversal bar, made a new high closed towards the low which is early indication for bearish reversal. better to wait for 61.8, 70.0 and 79.0 fib level for correction to short to manage drawdown. stop loss above key reversal bar high. initial target might be 1.1100 and next one 1.1000 if breaks below the 1.1100. use low risk in reversal trade.
GBPUSD long to fill an imbalance from Market open on FridayThe market is in a consolidation right now.
It has yet to fill an imbalance that was created on last weeks Friday market open (visible on the lower timeframes). It wants to fill it. There is also a bigger imbalance from Tuesday above it.
This is my trade idea for today.
Leave your thoughts in the comments.
Bearish drop?EUR/USD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.1427
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.1560
Why we like it:
There is a pullback resistance level.
Take profit: 1.1278
Why we like it:
There is a pullback support level.
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EUR/USD Bullish Breakout Trade Setup – Targeting 1.18089Entry Point: 1.13860
Stop Loss Zone: 1.13642 to 1.12578
Resistance Point: 1.14320
Target (TP) Point: 1.18089
🔍 Observations
Support Zone: Marked in purple near the entry and stop-loss area, suggesting a strong demand zone.
Resistance Zone: Around 1.14320, indicating a potential breakout level.
Trend: Short-term uptrend after a consolidation range.
Risk/Reward Ratio: Quite favorable, targeting a move of approximately 470+ pips (4.20% gain) from entry to target.
📊 Technical Indicators
Moving Averages:
Red (likely 20 EMA): Price recently crossed above, showing bullish momentum.
Blue (likely 50 or 200 EMA): Serving as dynamic support.
Price Action: Formation suggests a potential breakout from resistance toward the 1.18 target.
🧠 Conclusion
This is a long (buy) setup expecting a bullish breakout:
Buy entry above the support zone.
Stop-loss placed below major support (1.12578).
Target set significantly higher, aligning with prior structure or resistance at 1.18089
Bullish bounce?The Swissie (USD/CHF) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 0.8211
1st Support: 0.8114
1st Resistance: 0.8372
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.
GBPUSD is Forming a Weekly Double Top!!!Hey Traders!
In today's session, we're closely watching GBPUSD for a potential short setup around the 1.34200 level.
The pair is currently forming a double top pattern on the weekly timeframe, a classic reversal signal. Price action is showing signs of rejection at the neckline, suggesting possible downside momentum from this key resistance zone.
Trade safe, Joe.
USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵
I see a very bearish price action on USDJPY:
The price formed a head & shoulders pattern after a test of
a key daily/intraday resistance and violated its neckline
and a rising support of a rising wedge pattern.
The next strong support is 141.75
It will most likely be the next goal for the sellers.
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EUR/USD: Possible Fall Ahead? Let's See! (READ THE CAPTION)Upon reviewing the EUR/USD chart on the 3-day timeframe, we can see that following a sharp decline in the Dollar Index (DXY), the pair experienced a bullish move, reaching the 1.15 supply zone. If the price manages to stabilize and close below the 1.15–1.17 area, we can anticipate a further drop in EUR/USD to fill the created Liquidity Void (LV). This analysis will be updated accordingly.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bearish drop off pullback resistance?GBP/JPY has reacted off the pivot and could drop to the 38.2% Fibonacci support.
Pivot: 191.76
1st Support: 189.40
1st Resistance: 193.84
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 rise?The Aussie (AUD/USD0 has bounced off the pivot which is an overlap support and could rise to the 1st resistance that lines up with the 127.2% Fibonacci extension.
Pivot: 0.6361
1st Support: 0.6290
1st Resistance: 0.6536
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/JPY 1H Chart AnalysisStructure: Bullish, with higher highs (H1) and higher lows consistently forming.
Key Zone: A demand zone around 143.00 – 143.20. Price could pull back here for liquidity before continuing higher.
Current Price: Consolidating near 143.70 after a strong impulse.
Bias: Bullish, as long as price holds above 143.00. Watching for a possible dip into demand before resuming the uptrend toward 144.20 highs.
EURUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you.
Looking at the chart, EUR-USD is currently in a price range. After reaching the top of the range, I expect it to move toward the bottom of the range, and I anticipate a breakdown below the range's bottom.
📉 Expectation:
Bearish Scenario: If the price breaks the bottom of the range, I expect the price to move toward my first target at 1.12142.
💡 Key Levels to Watch:
Resistance: Top of the range
Support: Bottom of the range
💬 What are your thoughts on EUR-USD this week? Let me know in the comments!
Trade safe
GBP/JPY Should Take An Important Decision,Which One You Prefer ?If we checked this 2H Chart we will see that this pair should take a choice in the next few hours , we have this triangle and we have not any closure below or above to confirm the direction , so we will wait until clear breakout and when we have a closure we will follow the arrows to can enter a correct trade and we will targeting at least 100 pips .
gbpjpy sell signalIn this analysis, it has exited an ascending channel and entered a descending channel. According to the analysis, if that support floor is crossed and a pullback to that resistance level, that is, the price is 190.829, it is suitable for selling and the stop loss is at 191.87 with a risk to reward of 1 to 5.82.
"USDJPY | Smart Money Premium Trap | Mitigation Block Rejection"⚡ USDJPY Analysis – 30M Timeframe | April 30, 2025
📊 Price Action Summary:
USDJPY has aggressively tapped into the Premium Zone, aligning perfectly with a Mitigation Block and Fibonacci 61.8% golden pocket.
We’re seeing early signs of Smart Money rejection — time to stay sharp! 🧐
🔥 Key Moves:
Premium Zone Entry: Price retraced right into the 61.8–70.5% fib region.
Mitigation Block respected: A known Smart Money zone where trapped sellers from previous moves get wrecked.
Liquidity Build-Up Below: Eyes on the unprotected lows — Smart Money LOVES to grab those.
🧠 What’s Really Going On Behind the Scenes:
Retail traders: "It’s bouncing! Let’s go long!" 🟢💸
Smart Money: "Perfect… let’s trap them for liquidity." 🧊📉
This move screams classic Premium Trap — draw them in, then nuke it. ☠️
🧩 Why This Setup Matters:
Mitigation Block + FVG combo = High-probability rejection zone
Sellers are likely reloading positions here
The Strong High has been established — room to target Weak Lows below
🎯 Trade Setup Idea:
Entry: Inside or just below the Mitigation Block (confirmation from bearish rejection)
Stop Loss: Just above the Strong High (~142.813)
Take Profit Zones:
TP1: Mid-discount (~141.400)
TP2: Weak Low (~139.899) — the real liquidity target 🎯
💬 Pro Tip:
"Mitigation blocks are the sniper’s nest for Smart Money. Get in, get out, get paid." 🎯
Watch the reaction closely inside the purple zone. It’s not just a block — it’s a liquidity recycling station.
🚀 Summary:
✅ Price entered Premium
✅ Mitigation Block tested
✅ Liquidity below waiting
✅ High RRR bearish setup aligning
🧘♂️ Be patient. Wait for confirmation. Let Smart Money leave the trail — then follow.
✍️ Save this chart and study how Mitigation Blocks get respected over and over. It’s not magic — it’s mechanics.
➡️ Comment "SNEAKY SHORT" if you're watching the block trap unfold!
➡️ Tag a trader who still doesn’t believe in Premium/Discount theory. 😂📉📈
EURUSD: Bullish Price Action Confirmed?! 🇪🇺🇺🇸
Here is my latest price action analysis for EURUSD.
The price completed a recent correction movement with
quite an extended consolidation within a horizontal range
and a symmetrical triangle.
The violation of 2 intraday resistances with a bullish imbalance
indicate a highly probable finalization of the accumulation.
Probabilities are high that the pair is returning to a bullish trend now.
Goal - 1.1478
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD - Marco Trend Still Up!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPNZD has been overall bullish from a macro perspective trading within the rising channels in blue and orange.
Moreover, the green zone is a strong support, structure and demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange/blue trendlines acting non-horizontal support.
📚 As per my trading style:
As #GBPNZD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 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.
EURUSD SHORT FORECAST Q2 W18 D29 Y25
EURUSD SHORT FORECAST Q2 W18 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order block
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X