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USDJPY Buyers In Panic! SELL! My dear friends, USDJPY looks like it will make a good move, and here are the details: The market is trading on 156.76 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 154.65 Recommended Stop Loss - 157.90 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
4
Bearish drop?USD/JPY is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 155.72 1st Support: 154.28 1st Resistance: 157.72 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
2
HelenP. I Euro can reach resistance level and then continue fallHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached the trend line, making a first gap as well and then starting to decline. EUR dropped to the resistance level, which coincided with the resistance zone and soon broke resistance 2. Then it started to trades inside consolidation, where it declined to resistance 1, which coincided with the bottom part of the range with the support zone. After this movement, the EUR rebounded up, making a second gap, and later almost reached the trend line. Then the price little declined and later rebounded up to resistance 2, breaking the trend line, after which it turned around and started to decline. In a short time, Ethe uro declined to resistance 1, broke it, thereby exiting from consolidation, and then fell to the trend line. A not long time ago, the price bounced and started to grow. So, I expect that EURUSD will reach a resistance level and then continue to decline next. For this case, I set my goal at 1.0270 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
16
GBP/USD Analysis: Pair Recovers from 7-Month LowGBP/USD Analysis: Pair Recovers from 7-Month Low The GBP/USD pair dropped below the psychological level of 1.25 today, a level last seen in early May. Over the past two days, the pair has declined by more than 1.5%, driven by central bank decisions. On one hand, the US dollar strengthened after the Federal Reserve chair's comments on Wednesday, hinting at potentially higher interest rates in 2025. On the other hand, the pound weakened on Thursday after news from the Bank of England (BoE). According to media reports: → The BoE kept the interest rate unchanged. → Market expectations for the BoE's February decision are putting additional pressure on the pound. Technical analysis of the GBP/USD chart reflects a continuation of bearish momentum, with the pair moving within a descending channel: → In mid-December, the price broke below the lower boundary of a narrowing triangle (highlighted in blue), signalling the potential resumption of the downtrend. → Around the same time, trading was concentrated near the 1.265 level. Despite repeated tests of this level, it seems that the bears took control. Looking ahead, the pair may consolidate near the channel’s median line as the year comes to a close, with this zone acting as a balance point between supply and demand. Stronger directional moves might materialise in 2025. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
GBPUSD → One step away from breaking support and falling awayFX:GBPUSD is facing difficulties. Negative fundamental background, strong dollar and price entry into the selling zone gives a bunch of preconditions hinting at the continuation of the fall Yesterday the UK GDP came out, which remained at the same level, there is no driver for GBP at the moment, but there is for USD, which is growing after interest rate cuts, but the growth is not because of this, but because of hints of stopping the cycle of further rate cuts and the change of officials' mood to hawkish, which in general, against the background of Trump's policy indicates medium-term potential. Technically, the currency pair is testing the risk zone, a false breakout will form a rebound reaction and I think it will be a short-term reaction. Resistance levels: 1.257, 1.2597, 1.2665 Support levels: 1.2488, 1.245 After the false breakdown, the currency pair may test the local resistance. But retest of the support within 1-3 days will play an important role. Formation of a pre-breakout base at 1.2488 will strengthen the potential for further decline With Respect R. Linda!
Short
by RLinda
2
Falling towards overlap support?EUR/JPY is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 162.11 1st Support: 160.37 1st Resistance: 164.43 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
1
EUR/USD Analysis – December 19, 2024EUR/USD Analysis – December 19, 2024 Overview: Today, let’s focus on EUR/USD. The price recently retested its demand zone at 1.03611, where it experienced a strong rejection from the downside. Following this, the price has begun to climb upward, indicating a potential bullish move. Trade Idea: Potential Long Entry: Around 1.03611, where the demand zone lies. Target: The price could rise to 1.04628, which corresponds to the previous supply zone. Risk Management: Use a proper risk-to-reward ratio to manage your trade. Ensure there is clear confirmation (e.g., bullish momentum, strong candles, or other signals) before entering a position. Important Notes: Do Your Own Analysis: While this setup suggests a potential upward move, don’t follow it blindly. Always analyze the market conditions yourself before taking a trade. Risk Awareness: Protecting your capital is more important than making quick profits. Avoid impulsive trading and use stop-loss orders to mitigate risk. Trading Is Reactive, Not Predictive: Respond to what the price action shows you rather than forcing trades based on expectations.
Long
by KainT21
7
EUR/USD long: Thank you first buddy!Yup, the heading of this idea is very much tongue in cheek. The Euro is fundamentally on the backfoot, especially after the confusing FOMC "we are slowing down while walking into this dark room" rate cut. WTH??? No need to cut because the Labor market is A OK, but we are cutting anyway because inflation may increase again. Call me dumb but I replayed that Press Conference over and over again. My take away: The FOMC is very aware of the impact after January 20 2024. The former guy is back and this time around he is bringing his new best friend along for the ride. Well, we all know how these bromances work out in his world. They don't last but up until then, they are already starting to cause chaos as they go along. Democrats and some Republicans have been raising the alarm about our democracy being under attack for some time now. There you have it. The second generation American and the Naturalized immigrant citizen are now running our beloved United States. The first mentioned not even in office yet and the other one not an elected official. But they bad mouth immigrants like these people are the spawn of the devil, conveniently forgetting their own roots. Between the two of them the have the money and social media resources to tank the current spending bill negotiations and they did so with glee. I am certainly not anti immigration because immigrants are still the backbone of our economy. Why do you think is the Labor market so strong? Because a significant percentage of the reported 10 million plus recent immigrants are willing to work in slaughter houses, scrub floors, pick oranges for the Mar-A-Lago guests' freshly squeezed juice, clean Wall Street offices at 2 AM and so on. I am also not anti cutting unnecessary Government spending but this is not Twitter. The individuals who will be affected won't be Musk and his numerous children or Trump living in luxury in Mar-A-Lago. It will be our Military Troops, the same people who defend us and sacrifice their lives for our country and quite frankly the International Order who will not have a pay check next week. And they do not plead bone spurs to avoid duty to their country... Our TSA agents and air traffic controllers who will have to work with deferred pay to get us to our Holiday destinations to be with family. In case, dear colleagues, you have not noticed: I AM FURIOUS at the current state of affairs and incomprehensible hypocrisy and blatant cronyism in this country. Musk stands to gain more than anyone else from this cozy relationship. Space X Federal contacts, removing self driving regulations, stopping numerous active investigations into his businesses, boosting his crypto investments etc. If you, dear reader, is a fan-boy/girl, have at it. I do not put my money in the hands or pockets of people like these two. Technically, the chart should explain my reasoning. So far, the recent low has been respected. Some indicators are turning up. We also have USD PCE on tap tomorrow. And investors DO NOT like uncertainty like the potential Government shutdown by tomorrow night. There is also a break down level that has to be revisited per the resistance zone on the chart. This is not a change in trend but merely a technical correction if it plays out. BTW, I am also short AUD/JPY as a technical correction. My long EUR/USD from the lows and short from the 1.0420 level have played out profitably. And I am long EUR/USD again. Finally, Happy Holidays and have a rocking 2025 trading around and through the guaranteed chaos.
Long
by jvrfxalerts
9
EURNZD Developing in a Large Range Trading MovementEURNZD Developing in a Large Range Trading Movement EURNZD is currently developing a significant range trading movement. The price has been oscillating between 1.7500 and 1.8500 for about 600 days, with a trading range of nearly 1000 pips, which is quite substantial. EURNZD has reached the top of the structure again, and it appears that the bearish trend may resume, as it has in the past. The price may not move immediately, but it is already in a critical zone. Support zones on the way down are located near 1.8250, 1.8090, 1.7830, and 1.7500. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
2
Euro can fall to buyer zone and then rebound upHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and started to grow inside the upward channel. In this channel, the price grew to the resistance line, after which turned around and started to decline in a downward channel, exiting from the upward channel. In this channel, the Euro declined to the seller zone, where it soon broke the 1.0485 level and fell to the support line, but soon turned around and backed up. Next, the price some time traded near the resistance level and later rebounded and made a strong impulse down, breaking the 1.0390 support level, which coincided with the buyer zone, thereby exiting from the downward channel as well. Later Euro turned around and started to grow and some time later reached the 1.0390 level, broke it, and continued to move up. But a not long time ago, the price started to decline, so, for this case, I think that the price can decline to the buyer zone. AFter this movement, Euro will turn around and start to move up to the resistance level from the buyer zone. Therefore I set my TP at 1.0485 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
EURNZD I Short from top of the channel Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
2
AUDCHF My Opinion! BUY! My dear followers, This is my opinion on the AUDCHF next move: The asset is approaching an important pivot point 0.5571 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.5594 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBPJPY LONG SHOTGBPJPY is moving in an UP trend channel, is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at The chart broke through the dynamic support, which now acts ... We expect a decline in the channel after testing the current level. Great BUY opportunity GBPJPY Traders, if you liked this idea or if you have your own opinion about it, write in the comments I will be glad Thank You
Long
by Zaks_ForexRules
3
AUDCHF Is Going Down! Sell! Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.558. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.553 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
Anybody in for a reversal with me?Well, starting with the downtrend structure we had from the 1.34xx seems broken. Apparently, our beloved cable had to take all those early bulls out before it could go back reclaiming money it left at supply. There are multiple evidences why I think we should be buying GBPUSD. Amongst the most prominent ones, we have: 1- Price being protected (twice) at the demand area 2- BOE held the rates, it does not mean UK is doing great at other variables such as inflation, trade balance, debt, job market etc., it just means they plan to maintain the burden on businesses and public with relatively higher mark ups on public lending. It might be a double edged sword but that is pretty much how capitalist economies maintain and control their inflation rates. 3- Market has not claimed the liquidity at marked supply area ever since it started dropping, so this might be a good start 4- This one might not have matured just yet, but it is diverging bullish here This is my idea for adding small long positions starting Monday post intraday pullback, if you think I might be wrong, please let me know in the comments with proper reasoning. (saying because I need a reason to reconsider which I might be unable to see lol) Cheers!
Long
by Uzi-Trades-Forex