NZDJPY: Another Bearish YEN Pair 🇳🇿🇯🇵
One more YEN pair that looks bearish to me is NZDJPY.
I see 2 bearish price action confirmations after a test
of the underlined horizontal resistances:
the price broke a support line of a rising wedge pattern
and a neckline of a double top.
The price may drop now to 86.66 level.
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Forexsignals
Market next move Bearish Disruption Analysis:
1. False Breakout Risk:
The current price is consolidating in a tight range.
The support area may fail to hold due to low volume and indecision (notice the decreasing volume in recent candles).
2. Lower High Formation:
A potential lower high is forming compared to the peak from earlier on June 5.
This could signal a trend reversal or weakening bullish momentum.
3. Volume Divergence:
The bullish candles have lower volume than previous strong moves, indicating a lack of strong buying interest.
4. Support Breakdown Scenario:
If price breaks below the marked support area (~3360), we could see:
Drop toward the 3340 area (next visible support).
Acceleration if stop-losses are triggered below the support zone.
Hellena | SPX500 (4H): LONG resistance area of 6176.6.Colleagues, it appears that price has not yet completed the upward movement in a five-wave move.
At the moment I expect the continuation of wave “3” and reaching the target in the resistance area of 6176.6.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EURO-USD BUY STRONG 1. "EUR/USD Strong Buy Alert 🚀 | Key support zone holding firm – bulls eyeing the next leg up!"
2. "Strong Buy Zone ✅ | EUR/USD showing bullish momentum from this support level – eyes on 1.09+"
3. "EUR/USD Reversal Zone 💥 | Buyers stepping in strong – potential rally ahead!"
4. "Watch this zone! EUR/USD strong buy setup forming – bullish confirmation underway 📈"
5. "EUR/USD bouncing from key demand zone 🔥 | Technicals align for a strong buy signal!"
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AUDJPY: Pullback Confirmed?! 🇦🇺🇯🇵
There is a high chance that AUDJPY will pull back
from the underlined resistance cluster.
Its false violation, a formation of a bearish imbalance candle
and a breakout of a rising trend line provide strong bearish confirmation.
Goal - 93.185
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Potential bearish drop for the Loonie?The price is rising towards the pivot, which is an overlap resistance, and could drop to the 1st support.
Pivot: 1.3683
1st Support: 1.3590
1st Resistance: 1.3707
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 rise off pullback support?USD/JPY has bounced off the pivot and could rise to the 1st resistance that aligns with the 61.8% Fibonacci projection.
Pivot: 143.45
1st Support: 143.08
1st Resistance: 144.42
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.
Falling towards pullback support?The Aussie (AUD/USD) is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance, which has been identified as a pullback resistance.
Pivot: 0.6487
1st Support: 0.6472
1st Resistance: 0.6528
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 continuation?The Cable (GBP/USD) is falling towards the pivot, which is an overlap support and could rise to the 1st resistance.
Pivot: 1.3507
1st Support: 1.3420
1st Resistance: 1.3644
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?US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 98.36
1st Support: 97.98
1st Resistance: 99.23
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 Fiber (EUR/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 1.1471
1st Support: 1.1376
1st Resistance: 1.1573
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 for Kiwi?The price is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6051
Why we like it:
There is a pullback resistance level.
Stop loss: 0.6078
Why we like it:
There is a pullback resistance level.
Take profit: 0.6007
Why we lik eit:
There is an overlap support level that aligns with the 78.6% Fibonacci retracement.
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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.
Falling towards pullback support?AUD/USD is falling towards the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6499
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 0.6485
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 0.6536
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
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 overlap resistance?USD/CAD is rising towards the resistance level which is an overlap resistance that lines up with the 23.6% and the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.3691
Why we like it:
There is an overlap resistance that lines up with the 23.6% and the 50% Fibonacci retracement.
Stop loss: 1.3738
Why we like it:
There is a pullback resistance level that is slightly below the 50% Fibonacci retracement.
Take profit: 1.3635
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
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 drop off pullback resistance?GBP/USD is reacting off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit.
Entry: 1.3590
Why we like it:
There is a pullback resistance that aligns with the 138.2% Fibonacci extension.
Stop loss: 1.3629
Why we like it:
There is a resistance level at the 100% Fibonacci projection.
Take profit: 1.3535
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
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 drop for the Fiber?The price is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.1452
Why we like it:
There is a pullback resistance level.
Stop loss: 1.1495
Why we like it:
There is a pullback resistance level.
Take profit: 1.1375
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
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.
Market next move 🔍 Original Interpretation:
Support Zone: The red rectangle suggests a support level between ~102,800 and ~103,300.
Bullish Bias: The blue arrow anticipates a bounce from this zone, potentially forming a higher low before continuing upward.
Bearish Bias: The red arrow marks a potential resistance, predicting rejection and a move lower if the bullish breakout fails.
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⚠️ Disruptive Analysis:
1. False Support Breakout Risk:
A false breakdown beneath the support zone could trigger panic selling before a rapid recovery (fakeout).
Traders might place stop-losses just below the box — a perfect target for market makers before price reverses.
2. Volume Deception:
Volume increased during the sell-off but did not show strong absorption by buyers (green volume wasn't dominant).
This suggests sellers still dominate and a continuation lower could occur before any bounce.
3. Lower Highs Formation:
The last few green candles failed to break the previous highs, indicating weaker buying strength.
Price may form a lower high, hinting at a short-term bearish trend.
4. Macro Trend Consideration:
If this is just a retracement within a larger downtrend, the bounce could be short-lived.
Broader market sentiment or macro news could push BTC toward 100,000 support or lower.
Market next move Disruptive Bearish Scenarios:
1. Support Area Breakdown
The recent strong bearish candle with high volume shows aggressive selling pressure.
If the price fails to hold above the support area and closes below it, especially on high volume, it could invalidate the bullish recovery.
> Bearish Alternative: Price breaks below 103,000, retests it as resistance (bearish flip), and continues down toward 101,000–100,000.
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2. Lower High Trap
The projected bounce could form a lower high below the 106,000 resistance, creating a classic bearish structure.
> Disruption Path: After a minor recovery toward 104,500–105,000, sellers regain control, and BTC resumes the downtrend.
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3. Fake Support Bounce
The support area could create a fake-out bounce, tricking long traders before a sharper reversal.
The move up may lack follow-through due to diminishing bullish volume.
Market next move Disruption Points:
1. Bullish Accumulation Underway
The recent candles show higher lows and lower volume on red candles, suggesting selling pressure is decreasing.
> Disruptive scenario: Price may bounce off minor support (around 1.3560–1.3570) and form a higher low, triggering a bullish rally back above 1.3620.
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2. Fake Bearish Setup (Liquidity Trap)
The three arrows predicting a drop might represent a classic retail trap where too many anticipate the same direction.
> Contrary idea: A false breakdown below 1.3550 may occur just to collect stop-losses, followed by a strong reversal upward.
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3. Divergence Risk
If momentum indicators (e.g., RSI, MACD) show bullish divergence while price moves sideways or dips, it may signal an upcoming bullish impulse.
> Disruption: Downward arrows may be misinterpreting consolidation as weakness rather than a setup for continuation of the previous uptrend.
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4. Fundamental Wildcard
The chart shows an upcoming U.S. economic event, likely to impact the dollar.
If the data is weak for the USD, GBP/USD could surge sharply, invalidating the bearish scenario.
Market next target 🧨 Disruption Points:
1. Bullish Accumulation Underway
The recent candles show higher lows and lower volume on red candles, suggesting selling pressure is decreasing.
> Disruptive scenario: Price may bounce off minor support (around 1.3560–1.3570) and form a higher low, triggering a bullish rally back above 1.3620.
---
2. Fake Bearish Setup (Liquidity Trap)
The three arrows predicting a drop might represent a classic retail trap where too many anticipate the same direction.
> Contrary idea: A false breakdown below 1.3550 may occur just to collect stop-losses, followed by a strong reversal upward.
---
3. Divergence Risk
If momentum indicators (e.g., RSI, MACD) show bullish divergence while price moves sideways or dips, it may signal an upcoming bullish impulse.
> Disruption: Downward arrows may be misinterpreting consolidation as weakness rather than a setup for continuation of the previous uptrend.
---
4. Fundamental Wildcard
The chart shows an upcoming U.S. economic event, likely to impact the dollar.
If the data is weak for the USD, GBP/USD could surge sharply, invalidating the bearish scenario.
Market next target 🧨 Disruption Points:
1. Overbought Condition / RSI Divergence
Even though the price is surging (+3.30%), there could be an overbought condition forming.
If RSI or other momentum indicators (not shown here) diverge, it might signal weakness in bullish momentum.
> Disruptive idea: Price may fake the breakout (blue arrow) and then sharply reverse, trapping late buyers.
---
2. False Breakout Trap
The red-box area could be a liquidity zone where smart money might induce a fake breakout before dumping.
> Alternative path: Price breaks above temporarily (as in blue path), but then reverses violently back into the range, forming a “bull trap.”
---
3. Volume Anomaly
The volume appears to be decreasing on recent bullish candles after the initial spike.
This suggests that the uptrend may be losing strength, making the yellow arrow scenario less likely.
> Contrary outlook: Lack of volume confirmation could mean a sideways consolidation or reversal is more probable.
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4. News/Event Risk (Fundamental Disruption)
The chart shows an upcoming economic event (U.S. flag icon), possibly Non-Farm Payrolls (NFP), interest rate news, or CPI.
These events could cause extreme volatility and invalidate all technical patterns.
Market next move 🧨 Disruption Points:
1. Overbought Condition / RSI Divergence
Even though the price is surging (+3.30%), there could be an overbought condition forming.
If RSI or other momentum indicators (not shown here) diverge, it might signal weakness in bullish momentum.
> Disruptive idea: Price may fake the breakout (blue arrow) and then sharply reverse, trapping late buyers.
---
2. False Breakout Trap
The red-box area could be a liquidity zone where smart money might induce a fake breakout before dumping.
> Alternative path: Price breaks above temporarily (as in blue path), but then reverses violently back into the range, forming a “bull trap.”
---
3. Volume Anomaly
The volume appears to be decreasing on recent bullish candles after the initial spike.
This suggests that the uptrend may be losing strength, making the yellow arrow scenario less likely.
> Contrary outlook: Lack of volume confirmation could mean a sideways consolidation or reversal is more probable.