Ethereum (ETH): Possible Move To Bounce Zone (Bullish Overtake)Ethereum is heading back towards our bounce zone, where we expect to see a rejection to happen.
Now this is not clear for 100% if we will go to lower zones here but our next point of interest is that zone at $3,550.
Once we reach this zone, we will play according to the market price development, which means if we buyers take over that zone, we will look for upward movement, but if sellers take back the control, we will still look for further moves to lower zones here!
Swallow Team
Harmonic Patterns
WTI Oil D1 | Potential bearish reversalWTI oil (USOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 72.17 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 73.60 which is a level that sits above a pullback resistance.
Take profit is at 69.21 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold Trade Plan 02/01/2025Dear Traders,
price Continue movement according my last Idea ,
i expect price will be Start Downward movement 2640-2660 Area to 2600-2580
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
GBP/JPY H4 | Approaching pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 195.49 which is a pullback support.
Stop loss is at 194.06 which is a level that sits under an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 198.81 which is a multi-swing-high-resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/JPY H4 | Falling to multi-swing-low supportUSD/JPY is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 156.07 which is a multi-swing-low support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 154.30 which is a level that sits under an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 158.03 which is a swing-high-resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bitcoin (BTC): Going For a Re-Test Towards ResistanceBitcoin seems to head towards the $100,000 zone, where the price is showing early buying signs as the first days of 2025.
Now keep in mind that our bigger timeframe view has not changed so we still wait for that correction to happen but meanwhile, a re-test seems reasonable.
As soon as we break that branch of EMAs in a 4-hour timeframe, we will be looking for a move to resistance, from where we might see either a liquidity grab or a proper rejection!
Swallow Team
Doubts are confirmed. Watching for 100.5KMorning folks,
Last time we decided to take a pause, because too weak performance on supposedly bearish market has confused us. Now our doubts are confirmed, indeed the action that we see now is not typical and natural for bearish market. It is too wobble and slow. This is not the way how bearish market normally moves.
It doesn't mean that potentially bearish scenario and deeper retracement are cancelled totally. It means that they could start with different patterns. Thus, on daily we're watching for something like this, although do not exclude that it might be Double Top later as well:
Since the shoulder stands around ~100.5K, we do not consider any shorts until it will be reached. 1H chart shows upside AB-CD with the same extension target. We consider no longs.
Gold Price Today, January 2, 2025: Strong Start to the New YearGold prices today are maintaining a sideways trend compared to yesterday, trading around the 2,634 USD level. The outlook for U.S. interest rates remains the key factor supporting gold's upward momentum. Trade policies under President Trump, along with the Federal Reserve's interest rate trajectory, will be crucial elements influencing the inflation landscape and directly impacting gold prices.
According to technical analysis, gold is currently recovering and heading towards resistance at 2,636 USD. If this level is broken, gold may continue its upward trend, with the next target set at 2,651 USD.
The current gold market still carries many uncertainties, so maintaining a solid risk management strategy and closely monitoring global developments will be essential to protect trading accounts.
Pnut/UsdtBINANCE:PNUTUSDT
"$Pnut is currently priced at 0.7032, but the resistance levels are pretty close—around 0.7545, 0.8433, and 0.9345. 🚧 What that means is that the price is likely to face some strong pushback when it tries to go higher, so don’t expect a massive surge in the short term. ⚠️
If you’re holding $Pnut right now, I’d be careful. 💭 I wouldn't recommend holding it at these levels for too long because it could potentially retrace. Instead, you might want to keep an eye on the support levels, which are at 0.600 and 0.0600. 🛑 If the price drops towards those areas, it could be a good spot to watch for a possible bounce or buy opportunity. 📊
Just a reminder—this isn't financial advice, just sharing my observations. 💡"
Xauusd sell signal Gold price rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since 2010. This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank purchases.
Xauusd sell 2636
Support 2620
Target 2612
Small sell
Risk sell
Gold H4 | Potential bearish reversalGold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,636.57 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 2,670.00 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance.
Take profit is at 2,585.26 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FTSE 100 H4 | Pullback resistance at 61.8% Fibonacci retracementFTSE 100 (UK100) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,251.42 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 8,344.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance.
Take profit is at 8,144.36 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
IOUSDT is bullish now, buy and hold!Do you genuinely believe that the bull market will terminate with a single jump or slight advance? According to this graphic, it may only take one to three months to reach the $8 aim.
Reason to buy IO and thanks me later
Bullish Divergence at bottom,
Making HH and HL.
Broken the resistance at 2.9
Target-1: 4$
Target-2: 6$
Target-3: 8$
appreciate you reading.
I hope the content is enjoyable to you.
I'll try my hardest to provide you with excellent entrance timing and outstanding outcomes.
To demonstrate your support, simply follow.
Happy New Year. cheers!
Aussie H4 | Bearish downturn to extend further?The Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
Sell entry is at 0.6242 which is a swing-high resistance.
Stop loss is at 0.6284 which is a level that sits above the 23.6% Fibonacci retracement and a pullback resistance.
Take profit is at 0.6184 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Dent/UsdtBINANCE:DENTUSDT
So, right now **Dent (DENT)** is sitting at a price of **0.01362** 💰. If the price **holds steady** at this level, it suggests that **buyers** are still in control and there's potential for the price to keep rising. If this momentum continues, **Dent** might face some resistance at **0.001503**, **0.001754**, and **0.001875** 🚫. These are key levels where the price could slow down or struggle to break through. At these points, some traders might choose to sell, which could cause the price to temporarily pull back. So, it's important to watch those levels closely to see if Dent can push past them.
But here's the flip side: if the price **fails to hold** at **0.01362** and starts to drop below, it could hit a **support level** at **0.001223** 🔑. This is where the price could **stabilize** for a bit, as some buyers may step in and try to **prevent further decline**. If it doesn’t hold at 0.001223, however, things could get more **volatile**, and the price might continue to fall until it finds another point of support.
This is where the market can get **tricky**, because **sentiment** (what traders are feeling) can shift quickly. You’ll need to keep an eye on the **market trends**, **news**, and **volume** (how much the coin is being traded), as these can give you hints on whether the price is likely to **break through resistance** or **bounce off support**.
---
### Bottom Line:
- **Dent’s price** is currently at **0.01362**.
- If it holds, it may face **resistance** at 0.001503, 0.001754, and 0.001875.
- If it drops, **support** at **0.001223** could be the next level to watch.
Just remember, this isn’t **financial advice**—it’s more about keeping an eye on the **overall trends** and **market behavior**. Always do your own research, and stay informed! 📚💡
USD/CHF H4 | Falling to overlap supportUSD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.9009 which is an overlap support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 0.8970 which is a level that lies underneath a pullback support.
Take profit is at 0.9090 which is a level that aligns with the 161.8% Fibonacci extension level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SOLUSDT on Fire: $200 Resistance Broken, Next Stop $300?BINANCE:SOLUSDT has shown remarkable strength, bouncing sharply from its major support level at $175. After a period of consolidation below the $200 resistance, it successfully broke out, signaling a strong bullish trend. This breakout paves the way for further upside, with the next major target set at $300, potentially reaching a new all-time high. Always manage your risk carefully by setting a stop loss below $175 to protect your capital. As momentum builds, BINANCE:SOLUSDT could deliver significant gains, but caution and proper risk management are crucial.
BINANCE:SOLUSDT Currently trading at $205
Buy level : Above $200
Target : $300
Stop loss : $175
Max leverage 3x
Always keep Stop loss
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Potential bearish drop off pullback resistance?The Kiwi (NZD/USD) is reacting off the pivot and could drop to the pullback support.
Pivot: 0.5616
1st Support: 0.5587
1st Resistance: 0.5635
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 Aussie bounce from here?The price is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 0.6200
1st Support: 0.6181
1st Resistance: 0.6232
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 reversal?WTI oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support level which has been identified as a pullback support.
Pivot: 72.98
1st Support: 71.53
1st Resistance: 75.24
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.
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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.
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