Forex
AUDNZD finding support on critical EMAsAUDNZD is finding support at the daily 200EMA (overlayed on 4H chart) and, more significantly, above the monthly 20EMA (overlayed). Break and hold the daily 10EMA (overlayed) will be key.
If the momentum continues we could see a continuation of the ongoing rally however recent AUD monetary policy meeting minutes seemed to lean dovish.
I'm a cat not a financial advisor.
NZDUSDNZDUSD price is near the support zone 0.59197-0.58790. If the price cannot break through the 0.58790 level, it is expected that the price will rebound. Consider buying the red zone.
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Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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EUR/USD | Bullish Momentum Builds – Next Targets Ahead! (READ)By analyzing the EURUSD chart on the 4-hour timeframe, we can see that, as per the previous analysis, the price first made a strong move in two steps, successfully hitting the 1.15580 target. Upon reaching this key level, it reacted positively with increased demand and is now trading around 1.16520. Given the current trend, I expect further bullish movement soon, with the next potential targets at 1.16720, 1.17230, and 1.17500.
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
NZDCHF - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCHF has been overall bearish , trading within the falling orange channel and it is currently retesting the upper bound of the channel.
Moreover, it is rejecting a structure marked in blue.
📚 As per my trading style:
As #NZDCHF is around the red circle zone, I will be looking for trend-following sell setups on lower timeframes. (like a double top 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.
GOLD - Strong Trendline & Golden Pocket ContinuationMarket Context
Gold is currently trading within a rising wedge structure on the 4-hour timeframe. This formation typically represents a tightening market, where buyers continue to push higher — but with decreasing momentum. The confluence of both trendlines and repeated Golden Pocket bounces makes this setup technically rich and worth watching closely.
Golden Pocket & Trendline Confluence
Throughout the recent move up, price has consistently reacted to the 0.618–0.65 Fibonacci retracement zone — often referred to as the Golden Pocket. Each major retracement has found support not only at this zone but also at a rising trendline, showing strong alignment between horizontal and diagonal demand. This dual-layer support has repeatedly led to sharp rebounds, reinforcing the bullish structure.
What Comes Next?
Price is currently sitting just below the upper resistance of the wedge. If history repeats, a retracement toward the lower trendline could be the next logical step. A reaction in the same region — where the Golden Pocket once again overlaps the trendline — could offer a high-probability long opportunity for continuation toward the top of the wedge or even a breakout.
Alternatively, if price breaks below the trendline with conviction, it could signal exhaustion in the current structure, potentially flipping the bias toward a broader correction.
Final Thoughts
This is a textbook example of how technical confluence can guide trade planning — especially in clean, trending environments like this. Remember: patience is key. Let the market come to your levels.
If you enjoyed this breakdown, a like would go a long way — and feel free to share your thoughts or ideas in the comments below!
GBPCHFGBPCHF is currently in a downtrend, confirmed by a series of lower highs and lower lows.
The pair has recently formed a bearish engulfing candle below the minor resistance zone near 1.07400, signaling renewed bearish pressure.
Price rejection from the 50 EMA suggests sellers are still in control.
RSI is trending downward, staying below 50, indicating bearish momentum without being oversold.
Market Analysis: NZD/USD Climbs as Dollar WeakensMarket Analysis: NZD/USD Climbs as Dollar Weakens
NZD/USD is also rising and might aim for more gains above 0.6000.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is consolidating gains above the 0.5980 zone.
- There was a break above a major bearish trend line with resistance at 0.5980 on the hourly chart of NZD/USD.
NZD/USD Technical Analysis
On the hourly chart of NZD/USD at FXOpen, the pair started a steady increase from the 0.5910 zone. The New Zealand Dollar broke the 0.5940 resistance to start the recent increase against the US Dollar.
There was a break above a major bearish trend line with resistance at 0.5980. The pair settled above 0.5980 and the 50-hour simple moving average. It tested the 0.6010 zone and is currently consolidating gains.
The NZD/USD chart suggests that the RSI is stable above 60. On the upside, the pair might struggle near 0.6010. The next major resistance is near the 0.6020 level.
A clear move above the 0.6020 level might even push the pair toward the 0.6050 level. Any more gains might clear the path for a move toward the 0.6120 resistance zone in the coming days.
On the downside, immediate support is near the 0.5990 level. It is close to the 23.6% Fib retracement level of the upward move from the 0.5941 swing low to the 0.6008 high.
The first key support is near the 0.5975 level. It is close to the 50% Fib retracement level. The next major support is near the 0.5940 level. If there is a downside break below the 0.5940 support, the pair might slide toward 0.5910. Any more losses could lead NZD/USD in a bearish zone to 0.5850.
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.
Market Analysis: AUD/USD Climbs as Dollar WeakensMarket Analysis: AUD/USD Climbs as Dollar Weakens
AUD/USD started a decent increase above the 0.6520 level.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar rebounded after forming a base above the 0.6450 level against the US Dollar.
- There is a connecting bullish trend line forming with support at 0.6540 on the hourly chart of AUD/USD.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.6450 support. The Aussie Dollar was able to clear the 0.6500 resistance to move into a positive zone against the US Dollar.
There was a close above the 0.6550 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6565 zone. A high was formed near 0.6564 and the pair recently started a consolidation phase.
On the downside, initial support is near the 0.6540 level. There is also a connecting bullish trend line forming with support at 0.6540. It is close to the 23.6% Fib retracement level of the upward move from the 0.6454 swing low to the 0.6564 high.
The next major support is near the 0.6495 zone. If there is a downside break below it, the pair could extend its decline toward the 0.6480 level. It is close to the 76.4% Fib retracement level.
Any more losses might signal a move toward 0.6450. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near 0.6565. The first major resistance might be 0.6575. An upside break above the 0.6575 resistance might send the pair further higher.
The next major resistance is near the 0.6600 level. Any more gains could clear the path for a move toward the 0.6650 resistance zone.
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.
Hellena | GOLD (4H): LONG to resistance area of 3498 (Wave 3).The price continues to move in a bullish direction, and I believe that now is the time to pay attention to the medium-term wave “3.” It is actively developing, and I believe that the target should be set at the maximum area of the higher-order wave “3” — the resistance area of 3498.
This is the nearest target, which carries significant weight.
Overall, the upward five-wave movement is developing according to the old scenario.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Major resistance ahead?USD/JPY is rising towards the pivot and could reverse to the 1st support which aligns with the 50% Fibonacci retracement.
Pivot: 147.67
1st Support: 145.89
1st Resistance: 149.03
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.
Gold Surges to Five-Week High Amid Growing UncertaintyHello everyone! Let’s take a closer look at XAUUSD today.
Gold prices have rallied strongly, breaking above the 3,400 USD level and currently hovering around 3,420 USD — up 1.2% in the past 24 hours, equivalent to a gain of 34.7 USD.
This surge marks the highest level in five weeks, driven by heightened uncertainty surrounding U.S. President Donald Trump's looming August 1 tariff deadline. With tensions rising, gold is likely to remain on an upward trajectory. The immediate resistance stands at 3,420 USD per ounce, while support is seen near 3,350 USD.
Investors are also eyeing next week’s Federal Reserve policy meeting, where rates are expected to stay unchanged — but a rate cut could come as early as October. Meanwhile, the U.S. dollar continues to face renewed pressure heading into August, a factor that may further boost gold’s appeal.
Do you think gold will keep rising from here? Drop your thoughts in the comments — and good luck with your trades!
People don't like the truth! Let's be honest, people don't like honesty. They prefer ideas that affirm their own beliefs.
When I read articles and posts from newer traders, it's often from a place of "all in" diamond hands and the notion that things go up forever.
I've been a trader for over 25 years now, and the game isn't about making a quick buck, it's about making money over and over again. This got me thinking, the issue is when you deal with a small account you require leverage, small timeframes and of course the "shit" or bust mindset. If you lose a thousand dollars, $10,000 even $100,000 - what does it matter? That's no different than a game of poker in Vegas.
The idea of being 80% in drawdown, is alien to me. The idea of one trade and one win is also a crazy notion.
Instead of playing with the future, there is an easier way to work. This isn't about slow and boring, it's about psychology and discipline. 10% returns on a million-dollar account isn't all that difficult. Instead of aiming for 300x returns on an alt coin (due to the account size being tiny) You can make less of a percentage gain with a larger account size.
In terms of psychology - the word " HOPE " is used, way too often, it's used when you hope a stock or the price of Bitcoin goes up, it's used when you hope the position comes back in your favour, it's used when you want your 10,000 bucks to double.
This isn't trading, it's gambling.
The truth is, it's not the winners that make you a good trader. It's the way you deal with the losses.
Once you learn proper risk management, a downtrend in a market move is a 1-2% loss coupled with a new opportunity to reverse the bias.
As a disciplined trader, the game is played differently.
Let's assume you don't have $100k spare - prop firms are a great option, OPM = other people's money.
Remove the risk and increase the leverage, all whilst trading with discipline.
The market goes through many phases, cycles and crashes.
You don't always need something as catastrophic to take place, but if you are all in on a position. You need to understand that losses can be severe and long-lasting.
When everyone sees an oasis in the desert, it's often a mirage.
You only have to look at the Japanese lesson in 1989, when the Nikkei was unstoppable-until it wasn't. For that short space in time, everyone was a day trader, housewives to taxi drivers.
Everyone's a genius in a Bull market.
Then comes the crash. The recovery time on that crash?
34-years!!!
I have covered several aspects of psychology here on TradingView;
When it comes to trading, if you are able to keep playing. It's a worthwhile game. If you are gambling, it's a game whereby the house often wins.
Right now, stocks are worth more than their earnings. Gold is up near all-time highs, crypto, indices the same.
All I am saying is if you are all in. Be careful!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
GOLD Will Go Up! Buy!
Please, check our technical outlook for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 3,427.91.
The above observations make me that the market will inevitably achieve 3,460.54 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD Will Move Higher! Long!
Here is our detailed technical review for EURUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.174.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.184 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCHF Is Bearish! Sell!
Take a look at our analysis for USDCHF.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.791.
Considering the today's price action, probabilities will be high to see a movement to 0.787.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCAD Is Very Bullish! Buy!
Please, check our technical outlook for GBPCAD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.841.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.848 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Could the Kiwi reverse from here?The price is rising towards the pivot, which acts as an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse to the 1st support which is an overlap support.
Pivot: 0.6038
1st Support: 0.5979
1st Resistance: 0.6115
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 off overlap resistance?The Cable (GBP/USD) is rising towards the pivot, which acts as an overlap resistance and could reverse to the 1st support.
Pivot: 1.3611
1st Support: 1.3469
1st Resistance: 1.3693
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.
SILVER BEARS ARE GAINING STRENGTH|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 3,935.1
Target Level: 3,843.0
Stop Loss: 3,996.7
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 4h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/AUD BUYERS WILL DOMINATE THE MARKET|LONG
EUR/AUD SIGNAL
Trade Direction: long
Entry Level: 1.787
Target Level: 1.791
Stop Loss: 1.785
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CAD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the EUR/CAD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.600.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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