EURUSD after falling for few weeks, in daily time frame has made several bullish divergences on RSI and now looks ready to raise IMO
OANDA:XAUUSD Gold Price Analysis: Potential Reversal at Key Fibonacci Levels The chart displays the price action of CFDs on Gold (US$/OZ) on a 4-hour timeframe. The price is currently at $2,669.460, showing a slight decline of 0.04%. The chart includes several technical indicators and annotations: Fibonacci Retracement Levels: 0.382 (2,659.51836) 0.5 (2,640.4) 0.618 (2,621.28164) 0.705 (2,607.1859) 0.786 (2,594.06228) Volume Profile: High volume nodes around $2,679.171 and $2,658.824, indicating strong support/resistance levels. Trend Channels: The price is moving within an ascending channel, with upper and lower bounds marked by blue dotted lines. Moving Averages: The chart shows multiple moving averages, indicating the overall trend direction. Relative Strength Index (RSI): The RSI is currently at 60.89, suggesting that the market is neither overbought nor oversold. Candlestick Patterns: Recent candlesticks show a potential reversal pattern near the 0.382 Fibonacci level. Buy Strategy: Entry: $2,658.824 (near the high volume node and 0.382 Fibonacci level) Take Profit 1 (TP1): $2,679.171 (+203.47 pips) Take Profit 2 (TP2): $2,697.910 (+391.86 pips) Stop Loss (SL): $2,640.4 (-184.24 pips) Sell Strategy: Entry: $2,679.171 (near the high volume node and upper bound of the channel) Take Profit 1 (TP1): $2,658.824 (-203.47 pips) Take Profit 2 (TP2): $2,640.4 (-387.71 pips) Stop Loss (SL): $2,697.910 (+187.39 pips) VIP Signal: Buy Signal: Entry: $2,658.824 TP1: $2,679.171 (+203.47 pips) TP2: $2,697.910 (+391.86 pips) SL: $2,640.4 (-184.24 pips) Sell Signal: Entry: $2,679.171 TP1: $2,658.824 (-203.47 pips) TP2: $2,640.4 (-387.71 pips) SL: $2,697.910 (+187.39 pips) This analysis leverages Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide comprehensive buy and sell strategies. The key levels identified offer optimal entry and exit points, ensuring a balanced risk-reward ratio for traders.
Hello, OANDA:AUDJPY is likely to continue its upward movement toward the 1-year pivot point (1Y PP) in the near future. As long as the price stays above the 1-month pivot point (1M PP), further gains can be anticipated. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
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This chart represents an analysis of XAUUSD (Gold/USD) on a trading platform. It highlights a "Head and Shoulders" pattern: Left Shoulder: Formed with an initial price rise and fall. Head: Higher peak in the middle of the pattern. Right Shoulder: A subsequent smaller rise and fall, symmetrical to the left shoulder. The pattern suggests a potential reversal. A projected target is marked below the current price level, indicating bearish expectations once the neckline (connecting the two shoulders) is broken. The setup implies selling pressure might dominate if the pattern completes successfully.
NIFTY 23000 PE 16TH JAN EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, Nifty is weak and we are looking for sell on rise opportunity. We recommend considering the purchase of the 23000 Put Option (16th January expiry) in the price range of 35 - 30. Target levels are set at 55 and 75 with SL @ 10. Regards, OptionsDaddy Research Team
Hello, FX:USDCAD : The Canadian dollar slightly rose against the U.S. dollar, with bond yields reaching multi-month highs, partly recovering from recent declines due to U.S. trade tariff threats. The loonie traded at 1.4405 to the U.S. dollar, recovering from a near 5-year low in December. Concerns about potential U.S. tariffs and their impact on the Bank of Canada have influenced the market. Despite strong job data in December, investor confidence in further BoC rate cuts has waned. Speculators have increased bearish bets on the Canadian dollar. Meanwhile, the U.S. dollar gained against major currencies as expectations for Federal Reserve rate cuts diminished. Oil prices rose 2.9% to $78.82 per barrel due to anticipated U.S. sanctions on Russian oil. The Canadian 10-year yield increased to 3.507%, marking its highest level since July 9. For this pair a bearish reversal is still anticipated in the near future! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
Based on the H1 chart, price could make a bullish bounce off the pivot at 0.6160, which is a pullback support near the 61.8% Fibonacci retracement. This level is expected to act as a key reversal point in the bullish setup. Our take profit is set at 0.6221, targeting the next significant resistance level, just above the recent swing high. The stop loss is set at 0.6130, below a swing low support, allowing room for price fluctuations while maintaining protection against an invalidation of the bullish bias. 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 (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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, previously FXCM EU Ltd (www.fxcm.com/eu): 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 Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Based on the H4 chart, the price is rising toward the sell entry level at 1.2353, which is a pullback resistance near the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.2108, just above the recent swing low, marking a significant support level. The stop loss is set at 1.2608, an overlap resistance zone, providing room for price fluctuations while protecting against invalidation of the bearish setup. 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 (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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, previously FXCM EU Ltd (www.fxcm.com/eu): 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 Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
This chart suggests a potential short setup for EUR/USD The price has been in a downward trend, making lower highs and lower lows. The current price action indicates a potential retracement towards the marked resistance zone near 1.02820 - 1.03117, which aligns with a possible supply zone. This zone could act as a strong resistance due to previous selling pressure. The price is likely to reject this resistance and resume the downward movement, following the overall bearish trend. A breakdown from the resistance zone could lead to a short opportunity targeting 1.01764 as the first support level. If bearish momentum continues, the price might further decline toward lower levels. Key levels to watch Resistance: 1.02820 - 1.03117 (entry zone for shorts if rejection occurs) First Target: 1.01764 (potential take-profit level) Stop Loss: Above 1.03117 (to protect against a breakout) Confirmation of rejection through candlestick patterns or bearish momentum near the resistance zone is crucial before entering the trade.