How to Rob the Bank (of Canada) – Legally! (USD/CAD Swing Trade)🌍 Hello Global Traders! 🌟
Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️
Dive into our USD/CAD "The Loonie" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉
Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries.
Stop Loss 🛑:
📍 Place your Thief SL at the recent swing low on the 4H timeframe (1.38500) for scalping or day trades.
📍 Adjust SL based on your risk tolerance, lot size, and number of open orders.
Target 🎯: Aim for 1.42500
💵 USD/CAD "The Loonie" is riding a bullish wave, fueled by key market drivers. ☝
Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗.
⚠️ Trading Alert: News & Position Management 📰🚨
News can shake the market hard. Protect your trades by:
Avoiding new entries during news releases.
Using trailing stops to lock in profits and shield running positions.
📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve.
💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️
Catch you at the next heist, traders—stay ready! 🤑🐱👤🤩
Forexsignals
GBP/AUD Forex Heist - Bearish Breakout Blitz!🔥 Thief Trading Style: GBP/AUD Bearish Heist Plan 🔥
Hello, Profit Pirates & Market Marauders! 🤑
Get ready to raid the GBP/AUD (Pound vs. Aussie) forex market with a slick bearish strategy! 📊 Our Thief Trading Style fuses technical precision and fundamental insights to target a sharp downside move. Follow this charted plan to hit the high-risk Blue MA Zone and slip away with profits. Let’s make this heist count! 💪🎯
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📊 Heist Blueprint: Trade Setup
- Market: GBP/AUD (Forex) 🌐
- Bias: Bearish Breakout 🌟
- Timeframe: 4H (Scalping/Day Trade) ⏰
Entry 📉:
- Breakout Move: Wait for a confirmed break below the Neutral Level at 2.05300. Place Sell Stop orders just below 2.05300 to ride the bearish wave. 🚀
- Pullback Play: For safer entries, set Sell Limit orders at the nearest 15M/30M swing high (e.g., 2.05600-2.05800) after a support break for pullback trades. 📍
- Trader Tip: Set a TradingView alert for the 2.05300 breakout to catch the action live! 🔔
Stop Loss 🛑:
- Breakout Traders: After the break confirms, place your Stop Loss above the recent 4H swing high at 2.08000 to shield against reversals. ⚠️
- Pullback Traders: Adjust Stop Loss based on your risk (e.g., 1-2% of account). Factor in lot size and multiple orders for precision. 📏
- Risk Alert: This is a high-octane heist! Keep position sizes tight to protect your capital. 🔥
Target 🎯:
- Aim for 2.03200, near the risky Blue MA Zone (an oversold area with potential consolidation or reversal). 🏴☠️
- Exit Strategy: Take profits early if bullish signals (e.g., pin bars, high volume) appear near 2.03200. 💸
Scalpers 👀:
- Focus on short-side scalps with tight trailing stops. Pair with day traders for the full heist or snag quick pips if your account supports it. 💰
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📡 Why This Heist Could Pay Off
GBP/AUD is showing bearish momentum, fueled by:
- Technicals: A break below 2.05300, backed by lower highs on the 4H chart, signals strong downside potential. 📊
- Fundamentals: Weak UK economic data and Aussie strength (check COT reports) support a bearish outlook. 📰
- Seasonal Trends: GBP/AUD often softens in Q2 due to macroeconomic shifts. 📅
- Intermarket Factors: AUD’s correlation with commodity prices could pressure GBP lower. 🌎
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⚠️ Risk Management: Guard Your Loot
- News Caution: Avoid new trades during high-impact events (e.g., UK CPI, RBA minutes) to sidestep volatility spikes. 🗞️
- Trailing Stops: Use trailing Stop Loss to secure profits as price approaches 2.03200. 🔒
- Position Sizing: Cap risk at 1-2% of your account per trade to stay in the game. 🚨
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💥 Fuel the Heist! 💥
Join our Thief Trading Style crew by liking, commenting, and following for more electrifying trade plans! 🚀 Your support powers our market raids, helping us score profits with flair. Let’s dominate GBP/AUD together! 🤝🏆🎉
Hashtags: #GBPAUD #Forex #Bearish #DayTrading #Scalping #Breakout
Stay Alert: Another heist is brewing. Keep your charts primed, traders! 🐱👤😎
AUD/JPY “Aussie vs. Yen” Skyrocketing Safari!🌈 G’day, Forex Adventurers & PIP Hunters! 🌏✨
Join our epic AUD/JPY Forex expedition! 🦘🚀 Our Stellar Navigator Strategy fuses pinpoint technicals with powerful fundamentals to chase profits in the Aussie-Yen jungle. Ready to soar to new heights and grab those pips? Let’s embark on this bullish quest! 🌍💰
🌟 The Stellar Navigator Plan
Entry Points 🛫:
🦅 Bullish Launch: Jump in after a breakout above the Sky High at 94.800—your cue for bullish gains!
🐾 Pullback Path: Place buy limit orders near the 15M/30M support (94.200) for a savvy entry.
Pro Tip: Set alerts to spot the breakout spark! 🔔
Stop Loss (SL) 🛡️:
Bullish Trade: Secure SL at the 2H support (93.600) for day trades.
Tailor SL to your risk, lot size, and order count. This is your safety net—keep it snug! ⚠️
Take Profit (TP) 🎯:
Bullish Explorers: Aim for the Star Peak at 96.500 or exit if the momentum dips.
Scalpers: Grab quick pips on the long side, but lock in gains with trailing stops! 🚨
🌏 Why AUD/JPY?
The Aussie’s soaring 📈 as of May 12, 2025, powered by:
Fundamentals: RBA’s 4.35% rate dwarfs BoJ’s 0.1%, boosting AUD.
Macroeconomics: Australia’s commodity boom (gold, iron ore) outpaces Japan’s slow recovery.
COT Data (May 9, 2025): Rising AUD net longs signal bullish sentiment (source: CFTC).
Intermarket: AUD/JPY tracks Nikkei 225’s risk-on rally.
Quantitative: RSI (14) at 59 and a break above the 50-day SMA (93.57) confirm upward momentum.
📊 Sentiment Snapshot (May 12, 2025, UTC+1)
Retail Traders:
🟢 Bullish: 53% 😊 (RBA strength, China trade optimism)
🔴 Bearish: 37% 😣 (Yen safe-haven demand on tariff risks)
⚪ Neutral: 10% 🤔
Institutional Traders:
🟢 Bullish: 46% 💼 (Commodity demand, risk-on flows)
🔴 Bearish: 39% ⚠️ (BoJ intervention fears, US yields)
⚪ Neutral: 15% 🧐
📰 Market Buzz (May 12, 2025)
- US-China trade progress lifts risk appetite, pushing AUD/JPY to 94.50.
- Easing tariff concerns weaken JPY safe-haven appeal.
- Japan’s soft consumer spending data pressures JPY.
📡 Risk Navigation ⚡
Markets can be wild—tread carefully:
- Avoid new trades during major news (RBA, BoJ, US CPI).
- Use trailing stops to protect profits and cap losses.
- Watch for BoJ moves if JPY weakens sharply! 🌪️
💸 Real-Time Market Data (May 12, 2025, UTC+1)
- Forex: AUD/JPY at 94.50, up 0.5% daily (source: Financial Juice).
- Commodities CFD: Gold (XAU/USD) at 2,650, up 0.2%; Iron Ore at 105.50, flat.
- Metals: Silver (XAG/USD) at 31.820, down 1.3%.
- Energies: WTI Crude Oil at 78.40, up 0.6%.
- Crypto: BTC/USD at 62,300, down 0.5%.
- Indices: Nikkei 225 at 39,200, up 0.7%; ASX 200 at 7,850, up 0.4%.
🚀 Join the Stellar Navigator Squad!
Smash the Boost Button to supercharge our Stellar Navigator Strategy and make this safari epic! 🌟 Every boost empowers our crew to dominate the markets. Let’s conquer AUD/JPY together! 🤝
Stay glued to your charts, keep alerts active, and vibe high. See you in the profits, adventurers! 🤑🎉
#StellarNavigator #AUDJPY #AussieYen #TradingView #ChaseThePips
EUR/JPY Technical Breakdown: Rising Wedge Breakdown + Target🔺 1. Rising Wedge Pattern Explained
A Rising Wedge is formed when:
Price action creates higher highs and higher lows, but
The slope of the support line is steeper than the resistance line.
This signals that buyers are losing strength, and momentum is fading.
In this chart:
The wedge began forming around mid-February 2025.
Price was compressing within converging trendlines.
After multiple failed breakouts near resistance (~165.50), the pair finally broke below the lower trendline, confirming a bearish breakout.
This pattern is considered reliable because it traps late buyers and shifts sentiment from bullish to bearish quickly once the lower boundary is breached.
🔻 2. Key Technical Zones
📌 Major Resistance Zone (~165.00 – 166.00)
Strong supply area; price has rejected here multiple times since late 2023.
Resistance was confirmed again during the wedge formation.
High volume spike noted near this level, followed by a steep drop—evidence of distribution and smart money exiting long positions.
📌 Major Support Zone (~156.00 – 157.00)
Historically held as a demand zone.
Previous bounces suggest it is structurally significant.
However, repeated tests can weaken the zone, increasing the likelihood of a breakdown.
🎯 Target Price: 153.433
Measured by taking the height of the wedge and projecting it from the breakout point.
Coincides with a previously tested level (support turned target).
Bears could aim for this level as a swing target.
📉 3. Market Psychology Behind the Pattern
As price climbs inside a rising wedge, volume often declines, showing buyer exhaustion.
False breakouts near the top of the wedge trap breakout traders, adding fuel to the downside move once price breaks the lower boundary.
The sharp selloff post-breakout is often driven by stop-loss cascades and aggressive short positioning.
🔁 4. Potential Price Path & Trade Plan
Retest in Progress: Price may retest the broken wedge support (now resistance) near 163.00–164.00 before further decline. This retest zone offers a high-probability short entry opportunity with tight risk management.
Immediate Downside Levels: 160.00 (psychological level), 157.00 (support zone), and final target at 153.43.
Bearish Continuation Scenario: If the pair maintains below the wedge and forms lower highs, it confirms ongoing bearish sentiment.
🛑 5. Risk Factors to Monitor
ECB or BOJ monetary policy shifts (rate cuts/hikes, yield curve control updates).
Risk-on vs risk-off flows, especially in times of geopolitical or macroeconomic shocks.
Intervention by the Bank of Japan to protect JPY from excessive weakening.
✅ Conclusion: A Tactical Short Opportunity
The EUR/JPY chart is setting up for a potential medium-term short swing trade following a confirmed rising wedge breakdown. With clear rejection from a long-standing resistance zone and fading bullish momentum, the technicals align for a move toward 153.43 over the coming weeks.
Traders should watch for clean retests and structure-based entries, managing risk around 164.50 with profit-taking at key support zones along the path.
USDCAD: Bearish Continuation Ahead 🇺🇸🇨🇦
USDCAD completed a consolidation within a horizontal range.
A violation of its support and a daily candle close below that
is a strong bearish signal.
I believe that the price may drop lower next week
and reach at least 1.3655 level.
❤️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.
GBPAUD – Potential Long Swing Trading OpportunityThis forex pair has full confluence with a xBrat Roller Coaster (RC) long signal on the 20th May. Then on the 22nd May an xBratAlgo (XA) 5* BUY Signal. Whilst the BIAS Depth Heatmap (BDHP) is all Green!
Price is trying to push through weekly resistance right now so a sensible entry would be 2.10514 with a Stop Market Order. Stop Loss at 2.04814. And with a target of 2.23000, there is a lot of fresh air (Risk to Reward) to the next weekly resistance zone.
At the end of January this year we had another confluence bullish trade that did extremely well, as can be seen on the chart. Trailing stop position is the line between the two green zones during the trade.
EURAUD – Trendline Holds, Bearish Setup Below 1.7626EURAUD Trend: EURAUD pair remains in a strong downtrend, marked by consistent lower highs and a descending trendline.
Resistance: 1.7626 has been retested and rejected, confirming it as a short-term ceiling.
Structure: The latest rejection from both horizontal resistance and the trendline confirms bearish intent.
🔽 Bearish Targets:
1.7254 – minor support and near-term target
1.7120 – stronger support zone
1.7060 – previous low and potential extended target
A clear break below 1.7400 could confirm continuation of the trend toward those levels.
Fundamental Overview:
🔻 EUR Weakness:
The Eurozone is slowing, particularly in Germany and France.
ECB remains cautious; recent comments show concern about tight financial conditions and sticky inflation.
Political uncertainties and mixed data prints are adding pressure.
🟢 AUD Support:
The RBA remains firm with hawkish language, holding rates while global peers lean dovish.
Commodities remain stable, and Australia benefits from demand out of Asia.
Domestic data (jobs and retail) shows surprising resilience.
Summary:
Bias: Bearish below 1.7626
Break Trigger: 1.7400
Target Range: 1.7250 – 1.7060
Fundamentals: Favor AUD on stronger economic footing and RBA policy tone
📉 EURAUD looks ready for another leg lower unless we see a breakout above 1.7630 with conviction.
GBPJPY Channel Down making a Lower High rejectionThe GBPJPY pair rose aggressively since the last time we gave our buy signal (April 11, see chart below), quickly hitting our conservative 109.250 Target:
The price has since made a Lower High rejection at the top of the Channel Down but remains supported by the 1D MA50 (blue trend-line). Once broken and it closes a 1D candle below it, we will have bearish break-out signal. Our Targe will be 185.250, which will be the standard -5.85% decline that all 3 previous Bearish Legs had within the Channel Down.
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👇 👇 👇 👇 👇 👇
USDJPY Channel Down rejection aiming for the 2024 Support.The USDJPY pair has been trading within a Channel Down pattern since the January 10 2025 High and right now is on its latest Bearish Leg, an outcome of the rejection near the 1D MA200 (orange trend-line).
This has also been confirmed by the 1D MACD Bearish Cross and the next technical Support is on 139.600. By the time it gets tested, the price may also make contact with the 1W MA200 (red trend-line). Our short-term Target is 139.600.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Market next target 1. Mislabeling of Support Area
The red box is labeled as a support area, but price is approaching from below, not above—so technically, this should be called a resistance area.
Until price closes above it with volume, it cannot be assumed to act as support.
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2. Volume Misinterpretation
The volume does not strongly support a breakout. The latest green bars are not significantly larger than prior volume, implying limited bullish conviction.
Lack of volume surge through resistance is often a false breakout indicator.
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3. Single Scenario Bias
The analysis shows only an upside (bullish) projection, ignoring bearish possibilities.
If price gets rejected from resistance, there’s a strong chance of a pullback to $33.00 or lower, especially with weak momentum.
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4. No Confirmation Indicators
The chart lacks confirming technical indicators like RSI, MACD, or trendlines to validate the bullish scenario.
Price could be forming a lower high, indicating a possible continuation of the downtrend.
Market next target
1. Misinterpretation of Support Area
Claimed support area has already been broken previously (left of the red box), so it's no longer strong support—it might be better viewed as resistance now.
The bounce from this zone could be a liquidity trap or a fakeout, rather than genuine buying interest.
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2. Overreliance on a Single Target Zone
The chart implies a clear target zone below, but no Fibonacci, moving average, or volume profile is shown to validate this zone.
A better analysis might include additional tools (like RSI, Bollinger Bands, or Fibonacci levels) to confirm this as a realistic target.
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3. Volume Analysis Oversight
There is a volume spike on the most recent bullish candles, which could indicate strong buying interest, contradicting the downtrend expectation.
This might suggest a potential breakout above resistance instead of a fall.
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4. No Risk Management Consideration
The chart lacks stop-loss levels or invalidation points, which is crucial for trading strategies.
Without a clear invalidation, the trade idea becomes more speculative.
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5. Alternative Scenario Missing
A bullish breakout scenario (above resistance zone) isn’t given enough weight.
Given the recent strength, there is a strong case for continuation upward if the price closes above the red box with volume.
XAU/USD: It's time for Fall? (READ THE CAPTION)By analyzing the gold chart on the 2-hour timeframe, we can see that after our last analysis, the price continued to rise as expected and reached $3344. As I anticipated last week, the gap between $3311 and $3322 has finally been filled! This analysis has delivered a return of over 1090 pips so far. After hitting the $3340 zone, the price faced strong selling pressure and is currently trading around $3294. If gold manages to hold below $3284, we could expect further downside. This analysis will be updated!
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
USTECUSTEC price is near the important resistance zone 21345 and 22244. If the price cannot break through 22244, it is expected that the price will drop.
**Very Risky Trade
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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USDJPY Trade Setup – H1 Chart📉The pair continues to respect its descending channel, recently rejecting the upper trendline and testing the Adaptive Moving Average (AMA).
📊 Additionally, the Chaikin Oscillator has dipped below zero, signaling weakening buying pressure.
#TradeIdea
🔽 Sell USDJPY on confirmed consolidation below 143.200
🎯 TP1: 142.400
🎯 TP2: 142.000
GBPUSD: The Next Historic Resistances 🇬🇧🇺🇸
GBPUSD keeps rising.
Here are the next historic resistance that the price
may head towards.
Resistance 1: 1.359 - 1.365 area
Resistance 2: 1.375 - 1.383 area
Resistance 3: 1.390 - 1.400 area
Resistance 4: 1.419 - 1.425 area
Resistance 1 is most likely going to be the next goal for the bulls for now.
❤️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.
EUR/CHF Thief’s Jackpot: Swipe Profits with This Slick Strategy!Ultimate EUR/CHF Heist Plan: Snag Profits with the Thief Trading Strategy! 🚀💰
🌍 Greetings, Wealth Raiders! Ciao, Hello, Bonjour, Hola! 🌟
Fellow profit hunters, get ready to crack the EUR/CHF "Euro vs Swiss" Forex vault with our slick Thief Trading Strategy! 🤑💸 This plan blends razor-sharp technicals and fundamentals to loot the market. Follow the chart’s long-entry blueprint to strike at high-risk zones like the Red Zone Resistance It’s a wild ride—overbought conditions, consolidation, and potential trend reversals mean bears are lurking! 🐻 Stay sharp, grab your profits, and treat yourself—you’ve earned it! 🎉💪.
📈 Entry: Storm the Vault!
"The heist is on! Wait for the breakout (0.94000) then make your move - Bullish profits await!"
The market’s ripe for a bullish grab! 💥 Place buy limit orders within the most recent 15 or 30-minute swing low/high levels. Set alerts on your chart to stay locked in. 🔔
🛑 Stop Loss: Guard Your Loot!
Set your Thief SL at the nearest swing low on the 4H timeframe for day/swing trades. Adjust based on your risk tolerance, lot size, and number of orders. Safety first! 🔒
🎯 Targets: Claim Your Prize!
🏴☠️ Short-Term Target: 0.95300
👀 Scalpers, Listen Up!
Stick to long-side scalps. Got deep pockets? Jump in now! Otherwise, join swing traders for the heist. Use trailing stop-loss to lock in gains and protect your stash. 💰
🐂 Why EUR/CHF is Hot!
The Fiber’s bullish surge is fueled by key fundamentals. Dive into Macro, COT Reports, Quantitative Analysis, Sentiment, Intermarket trends, and future targets via the linkss below for the full scoop. 👉🔗. Stay informed to stay ahead! 📰
⚠️ Trading Alert: News & Position Management
News releases can shake the market like a heist gone wrong! 🗞️ To protect your profits:
🚫 Avoid new trades during news events.
🛡️ Use trailing stops to secure running positions.
💥 Boost the Heist!
Hit the Boost Button to supercharge our Thief Trading Strategy! 💪 Every click strengthens our crew, making it easier to swipe profits daily. Join the squad, trade smart, and let’s make money rain! 🌧️💵
Market target 1. Support Area Assumption
Disruption: The highlighted support area is relatively narrow and based on a few candles. On a 1-hour chart, this might not provide a strong enough foundation for a meaningful bounce. The price has tested this level multiple times, suggesting weakening support rather than strength.
2. Target Projection
Disruption: The target area is drawn without showing how it was calculated—no Fibonacci level, previous resistance, or volume zone is referenced. Without clear technical justification, the target level appears speculative.
3. Pattern Expectation (Bounce Prediction)
Disruption: The blue arrow suggests a bullish reversal, but volume is declining, and there’s no strong bullish candle yet to confirm the move. In fact, multiple lower highs suggest bearish pressure.
4. Ignoring Bearish Continuation
Disruption: The red arrow suggesting a drop isn't emphasized as strongly as the bullish path. However, repeated testing of the support with no significant bounce increases the risk of a breakdown. Also, if macroeconomic conditions or broader crypto sentiment is bearish, this chart setup could break down easily.
5. Lack of Context
Disruption: The chart analysis is isolated to a short timeframe (1 hour). Without higher timeframe confluence (e.g., 4H, Daily), any short-term pattern can easily be a false signal.
Market next move Current Analysis Summary:
Bullish Outlook: The chart suggests a bullish trend after price moves above a marked support area.
Price Scenarios:
Red arrow: Pullback to support.
Blue arrow: Bounce back upward.
Yellow arrow: Continuation of the bullish trend.
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Disruption of the Analysis:
1. False Breakout Risk:
The move above the support zone might be a false breakout. Volume does not appear significantly increased during the breakout, which is typically needed to confirm real breakout momentum.
2. Volume Confirmation Lacking:
Although some volume is present, the breakout does not show a clear volume spike to validate strong buying interest, which challenges the bullish bias.
3. Resistance Overhead Ignored:
No mention of overhead resistance. The price may face selling pressure near 1.35000, a likely psychological and technical resistance area.
4. Over-reliance on Simple Support Zone:
The support zone is too narrowly defined. If the price dips below it slightly, it could still be a healthy retest, not a reversal, which the red arrow path implies prematurely.
Bearish drop off pullback resistance?GBP/JPY is rising towards the pivot and could drop to the 1st support, which is a pullback support.
Pivot: 193.76
1st Support: 191.56
1st Resistance: 194.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish momentum to extend?The Gold (XAU/USD) has bounced off the pivot which has been identiifed as a pullback support and xcould rise to the 1st resistance.
Pivot: 3,287.49
1st Support: 3,211.03
1st Resistance: 3,413.48
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 drop?USD/JPY is rising towards the pivot and could reverse to the pullback support.
Pivot: 145.18
1st Support: 142.56
1st Resistance: 146.70
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 for the Swissie?The price is rising towards the pivot, which acts as an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse to the 1st support, which is also an overlap support.
Pivot: 0.8334
1st Support: 0.8214
1st Resistance: 0.8410
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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.