Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work.
(Breakeven=Risk Free: Move Stop loss to the entry level).
The price has nevertheless shown a stronger correction, and I now believe that the medium-term “ABC” waves have not yet formed, nor has the large “Y” wave.
This means that I expect the completion of wave “B” and then a continuation of the downward movement in wave “C.”
I consider the support area of 65.944 to be the minimum target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Forexsignals
EURUSD possible bearish for 1.1490#EURUSD failed to form higher high and higher low to continue bullish trend. eurusd made a high on 1st July 1.1830, then price started retrace downside. 7th July daily bearish engulfing candle formed , early indication for selling. 23rd July price moved up side to test supply zone. Price did not break high of bearish engulfing candle and fall back. Price started heavily fall and broke recent supply level 1.1557 and form Lower High that is indication for trend reversal.
1.1738-70 ideal level for selling which is daily supply zone. stop loss above 1.1770 i.e. 1780-1.1800. target: 1.1490 and even may expect further down.
AUDCAD: Bullish Move From Trend Line 🇦🇺🇨🇦
AUDCAD may bounce from a solid rising trend line on a 4H.
The price started to consolidate on that after its test.
A breakout of a minor horizontal resistance is a strong bullish confirmation.
Goal - 0.8999
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GBPJPY H4 | Bearish dropGBP/JPY has broken below the support level, which is an overlap support. A potential pullback to the sell entry, followed by a reversal, could lead to a further price drop.
Sell entry is at 197.99, which is an overlap resistance.
Stop loss is at 199.13, which is a pullback resistance.
Take profit is at 196.89, which is a swing low support that lines up with the 127.2% Fibonacci extension.
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.
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Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
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The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZDUSD H4 | Bearish dropKiwi (NZD/USD) is rising towards the sell entry, which is a pullback resistance and could reverse from this level and drop lower.
Sell entry is at 0.5978, which is a pullback resistance.
Stop loss is at 0.6002, which is a pullback resistance that lines up with the 50% Fibonacci retracement.
Take profit is at 0.5942, which is a multi-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 (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
XAUUSD (Gold) Analysis – July 30, 2025 | 15-Min ChartStructure & Context
Gold is consolidating just above the key intraday support of $3,323, following a bounce from the high-demand zone ($3,322–$3,323.5).
Demand Zone Validity
The yellow zone has consistently attracted buyers, defending it multiple times with sharp rejections. This confirms it as a short-term demand base.
Resistance Still Capping Upside
$3,330.85 acts as immediate resistance. Price has failed to close above it despite several wicks testing this zone — showing strong seller presence.
Scalp Long Idea In Play
A buy setup is in motion with entry near $3,323.5, stop below $3,322, and target at $3,337.5. Risk-to-reward remains favorable while above demand.
Critical Levels to Watch
Support: $3,322.8 → $3,308.3 → $3,302.5
Resistance: $3,330.8 → $3,337.5 → $3,345.4
🎯 Bias: Bullish above $3,322, bearish if broken.
AUDUSD H4| Bearish reversal off 38.2% Fibonacci resistanceAussie (AUD/USD) is rising towards the sell entry, which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse to the take profit.
Buy entry is at 0.6541, which is a pullback resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss is at 0.6580, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit is at 0.6467, 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 (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Dow Jones Index (DJI) – July 30, 2025 | 30-Min Chart Analysis
1. Current Market Structure
DJI is consolidating just below the intraday resistance at 44,777. Price is attempting to recover after a sharp drop from the 45,154 high.
2. Supply Zone Rejection
Price faced strong rejection near 45,154 and again at 44,968 — confirming this area as an active seller zone.
3. Support Zone Defense
Buyers stepped in at 44,587 and 44,403, creating a short-term demand base. These levels have provided stability for now.
4. Trend Outlook
The lower high formation and recent sharp sell-off hint at bearish pressure. Price is currently in a retracement — unless 44,968 breaks cleanly, sellers remain in control.
5. Key Levels to Watch
Resistance 44,777 → 44,968 → 45,154
Support 44,587 → 44,403 → 44,239
🔁 Bias: Short-term bearish unless price breaks above 44,968 and holds.
USDJPY | H4 Bullish bounce offBased on the H4 chart analysis, the price is falling towards the buy entry, which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level and rise higher.
Buy entry is at 147.08, which is an overlap support that lines up with the 61.8% Fibonacci retracement.
Stop loss is at 145.82, which is a multi-swing low support.
Take profit is at 148.72, which is pullback 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 (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURUSD | H4 Bullish bounce offBased on the H4 chart analysis, the price is reacting off the support level, which is a pullback support, and could rise higher.
Buy entry is at 1.1535, which is a pullback support.
Stop loss is at 1.1453, which is an overlap support that is underneath the 138.2% Fibonacci extension.
Take profit is at 1.1616, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
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 (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD H4 | Bearish continuationThe Cable (GBP/USD) is rising toward a pullback resistance level and may reverse from this point, potentially dropping lower.
Buy entry is at 1.3391, located at a pullback resistance.
Stop loss is at 1.3460, also a pullback resistance, positioned slightly above the 50% Fibonacci retracement.
Take profit is at 1.3318, which is a pullback support 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 (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
JPY at Key Zone – EURJPY & GBPJPY Could Drop 1k+ PipsExactly one year ago, the JPY Currency Index broke above the falling trendline of a falling wedge, signaling the end of a bearish cycle that had lasted nearly five years.
As is typical after long-term reversals, the reaction was sharp and fast, and the price quickly reached the first resistance target of the pattern.
Since then, the index entered a lateral phase, with clear support forming around the 730 zone.
________________________________________
🔍 Current Price Action
Recently, the price pulled back to test that same support, and at the time of writing it sits at 737, forming a tight consolidation.
This suggests we’re again at an inflection point.
________________________________________
📊 Trade Outlook
From a medium-term perspective, I believe the index is preparing for another leg higher, potentially toward resistance at 780.
➡️ That would mean a 7% rise on the JPY Index – and this move could translate into more than 1,000 pips of downside for pairs like EURJPY and GBPJPY.
________________________________________
🔄 What’s Next?
In the coming sessions, I’ll focus on these two pairs as they offer the clearest setups and have the strongest volatility.
Stay tuned — follow for the next updates. 🚀
Heading into 50% Fibonacci resistance?The Kiwi (NZD/USD) is rising towards the pivot, which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse to the 1st support.
Pivot: 0.5999
1st Support: 0.5941
1st Resistance: 0.6030
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.
Potential bullish reversal?The Aussie (AUD/USD) has bounced off the pivot, which is a swing low support, and could rise to the 1st resistance, which acts as a pullback resistance.
Pivot: 0.6502
1st Support: 0.6468
1st Resistance: 0.6558
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?The Swissie (USD/CHF) has rejected off the pivot and could potentially drop to the 50% Fibonacci support.
Pivot: 0.8070
1st Support: 0.7988
1st Resistance: 0.8128
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 bounce off an overlap support?USD/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 swing high resistance.
Pivot: 147.67
1st Support: 146.99
1st Resistance: 149.04
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 reversal off pullback support?The Fiber (EUR/USD) has bounced off the pivot, which is a pullback support, and could rise to the 1st resistance, which is a pullback resistance.
Pivot: 1.1537
1st Support: 1.1456
1st Resistance: 1.1659
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?The US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support.
Pivot: 99.24
1st Support: 98.27
1st Resistance: 99.97
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.
EUR/GBP Technical Analysis – Range-Bound Structure EUR/GBP Technical Analysis – Range-Bound Structure with Potential Rebound
The pair is currently trading within a well-defined horizontal channel between:
Support Zone: 0.86400 – 0.86200
Resistance Zone: 0.87800 – 0.87600
Price is currently near the mid-level (0.86756), showing consolidation after a rejection from resistance.
Supertrend Indicator:
The Supertrend (10,3) is currently bearish (red line above the price), indicating short-term downward pressure.
Price recently broke below the Supertrend line near the highs, suggesting a correction is underway.
Volume Profile (Left Side):
Significant volume has been transacted around the current market range (Point of Control).
This indicates strong interest and fair value, often leading to sideways movement before the next breakout.
Bull Wick Highlight (Mid-July):
Indicates buying pressure from lower levels, acting as historical demand near 0.86400.
🔄 Price Projection & Scenario Planning:
✅ Scenario A: Bullish Rejection from Support
If price retests the support zone (0.86400 – 0.86200) and forms a bullish rejection (e.g., pin bar or engulfing), a bounce is likely.
Target: Resistance zone 0.87600 – 0.87800
Confirmation: Bullish candle + break of 0.86900 resistance.
❌ Scenario B: Bearish Breakout Below Support
A break and close below 0.86200 may trigger a deeper correction.
Next possible downside target: 0.85800
Volume drop and strong red candles would support this.
🔧 Technical Summary:
Indicator Status
Structure Sideways / Range-bound
Supertrend Bearish (Short-term)
Support Zone 0.86200 – 0.86400
Resistance Zone 0.87600 – 0.87800
Bias Neutral-to-Bullish (above support)
🧠 Educational Note:
This chart is a great example of range trading—where traders look to buy near support and sell near resistance, especially when there is no strong trend. Patience and confirmation signals (like wick rejections or volume spikes) are key in such setups.
Potential bearish drop?The Aussie (AUD/USD) is rising toward the resistance level, which is a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.6532
Why we like it:
There is a pullback resistance that is slightly above the 23.6% Fibonacci retracement.
Stop loss: 0.6580
Why we like it:
There is a pullback resistance that is slightly above the 61.8% Fibonacci retracement.
Take profit: 0.6467
Why we like it:
There is a swing low support.
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TradingView (tradingview.sweetlogin.com)
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Bearish reversal off multi swing high resistance?USD/CAD is reacting off the resistance level, which is a multi-swing high resistance and could drop from this level to our take profit.
Entry: 1.3782
Why we like it:
There is a multi-swing high resistance.
Stop loss: 1.3855
Why we like it:
There is a swing high resistance that lines up with the 138.2% Fibonacci extension.
Take profit: 1.3702
Why we like it:
There is a pullback support that aligns with the 48.2% Fibonacci retracement.
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TradingView (tradingview.sweetlogin.com)
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Bearish reversal for the Cable?The price is rising towards the resistance level, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could potentially reverse from this level to our take-profit.
Entry: 1.3387
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
Stop loss: 1.3476
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.3247
Why we like it:
There is a multi-swing low support that aligns with the 78.6% Fibonacci projection.
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TradingView (tradingview.sweetlogin.com)
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Bullish reversal?EUR/USD has bounced off the support level, which serves as a pullback support and could rise from this level to our take-profit target.
Entry: 1.1534
Why we like it:
There is a pullback support.
Stop loss: 1.1455
Why we like it:
There is a multi-swing low support.
Take profit: 1.1655
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
TradingView (tradingview.sweetlogin.com)
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.