Bank of Canada forecast to cut interest rates from 5.00% to 4.75%. What's your thoughts on the USDCAD price?
Anonymous Poll
54%
Higher
35%
Lower
21%
No action
🚨 ECB Set to Cut Interest Rates to 4.25%! 🚨
The ECB is anticipated to lower rates by 25bps, despite a recent increase in inflation. What does this mean for the price of EURUSD? 🌍📉 #ECB #InterestRates #Eurozone #Economy #Inflation #FinanceNews
Watch the video to learn more…
https://blueberrymarkets.com/market-analysis/news/ecb-poised-to-cut-interest-rates/
The ECB is anticipated to lower rates by 25bps, despite a recent increase in inflation. What does this mean for the price of EURUSD? 🌍📉 #ECB #InterestRates #Eurozone #Economy #Inflation #FinanceNews
Watch the video to learn more…
https://blueberrymarkets.com/market-analysis/news/ecb-poised-to-cut-interest-rates/
Blueberry Markets – For the trader in you
ECB Poised to Cut Interest Rates – Blueberry Markets
The European Central Bank (ECB) is widely anticipated to cut interest rates by 25 basis points (bps) in the upcoming monetary policy meeting. If confirmed...
📈 [Sell] XAU/USD Bearish Drop
Price is currently at the pivot of 2370, a pullback resistance. A drop from this level could lead the price to fall to 1st support at 2352, a pullback support level.
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 2395, a pullback resistance level.
Confidence: ⭐⭐⭐
💲Entry: 2370
⛔️ Stop Loss: 2395
🎯 Target: 2352
For more signals, join the Blueberry Markets VIP Trading Room!
Price is currently at the pivot of 2370, a pullback resistance. A drop from this level could lead the price to fall to 1st support at 2352, a pullback support level.
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 2395, a pullback resistance level.
Confidence: ⭐⭐⭐
💲Entry: 2370
⛔️ Stop Loss: 2395
🎯 Target: 2352
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy Limit (Bounce)] AUD/USD Potential Bullish Bounce for the Aussie
Price could fall towards the pivot point of 0.6640 which is a pullback support level and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.6688 which is a swing-high resistance level.
Alternative Scenario:
If price breaks below the pivot point, it could hit the 1st support at 0.6624 which is a pullback support that sits below the 61.8% Fibonacci retracement level.
Confidence: ⭐⭐
💲Entry: 0.6640
⛔️ Stop Loss: 0.6624
🎯 Target: 0.6688
For more signals, join the Blueberry Markets VIP Trading Room!
Price could fall towards the pivot point of 0.6640 which is a pullback support level and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.6688 which is a swing-high resistance level.
Alternative Scenario:
If price breaks below the pivot point, it could hit the 1st support at 0.6624 which is a pullback support that sits below the 61.8% Fibonacci retracement level.
Confidence: ⭐⭐
💲Entry: 0.6640
⛔️ Stop Loss: 0.6624
🎯 Target: 0.6688
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy Limit (Bounce)] EUR/USD Bullish Bounce
Wait for price to pullback at the pivot of 1.0885, a pullback support level. A bounce from this level could lead the price to rise to 1st resistance level 1.0916, and swing high resistance close to 161.8% Fibo extension.
Alternative Scenario:
If price breaks below the pivot, ut could fall to 1st support at 1.0856, an overlap support level.
Confidence: ⭐⭐⭐
💲Entry: 1.0885
⛔️ Stop Loss: 1.0856
🎯 Target: 1.0916
For more signals, join the Blueberry Markets VIP Trading Room!
Wait for price to pullback at the pivot of 1.0885, a pullback support level. A bounce from this level could lead the price to rise to 1st resistance level 1.0916, and swing high resistance close to 161.8% Fibo extension.
Alternative Scenario:
If price breaks below the pivot, ut could fall to 1st support at 1.0856, an overlap support level.
Confidence: ⭐⭐⭐
💲Entry: 1.0885
⛔️ Stop Loss: 1.0856
🎯 Target: 1.0916
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell Limit (Reversal)] DE30EUR Resistance Overhead for the DAX
Price is rising towards the pivot point of 18,841.46 which is a swing-high resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 18,568.19 which is an overlap support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 18,949.93 which is a swing-high resistance that sits above the 161.8% Fibonacci extension level.
Confidence: ⭐⭐
💲Entry: 18,841.46
⛔️ Stop Loss: 18,949.93
🎯 Target: 18,568.19
For more signals, join the Blueberry Markets VIP Trading Room!
Price is rising towards the pivot point of 18,841.46 which is a swing-high resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 18,568.19 which is an overlap support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 18,949.93 which is a swing-high resistance that sits above the 161.8% Fibonacci extension level.
Confidence: ⭐⭐
💲Entry: 18,841.46
⛔️ Stop Loss: 18,949.93
🎯 Target: 18,568.19
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell Limit (Reversal)] BTC/USD Potential Bearish Reversal for Bitcoin
Price is rising towards the pivot point of 72,157.79 which is a swing-high resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 70,248.50 which is an overlap support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 73,403.25 which is a resistance that aligns with the 127.2% Fibonacci extension level.
Confidence: ⭐⭐
💲Entry: 72,157.79
⛔️ Stop Loss: 73,403.25
🎯 Target: 70,248.50
For more signals, join the Blueberry Markets VIP Trading Room!
Price is rising towards the pivot point of 72,157.79 which is a swing-high resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 70,248.50 which is an overlap support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 73,403.25 which is a resistance that aligns with the 127.2% Fibonacci extension level.
Confidence: ⭐⭐
💲Entry: 72,157.79
⛔️ Stop Loss: 73,403.25
🎯 Target: 70,248.50
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell Limit (Reversal)] EURUSD Heading into pullback resistance, could it reverse?
EUR/USD is rising towards the pivot point of 1.09125, which is a pullback resistance. A reversal from the level could indicate a double top pattern which could lead to a potential price drop to the 1st support level of 1.08414, which is an overlap support that aligns with the 61.8% Fibonacci retracement.
Alternative Scenario:
If price breaks above the pivot, we could see price rise to the 1st resistance level of 1.09517, which aligns with the 161.8% Fibonacci extension.
Confidence: ⭐⭐
💲Entry: 1.09125
⛔️ Stop Loss: 1.09517
🎯 Target: 1.08414
For more signals, join the Blueberry Markets VIP Trading Room!
EUR/USD is rising towards the pivot point of 1.09125, which is a pullback resistance. A reversal from the level could indicate a double top pattern which could lead to a potential price drop to the 1st support level of 1.08414, which is an overlap support that aligns with the 61.8% Fibonacci retracement.
Alternative Scenario:
If price breaks above the pivot, we could see price rise to the 1st resistance level of 1.09517, which aligns with the 161.8% Fibonacci extension.
Confidence: ⭐⭐
💲Entry: 1.09125
⛔️ Stop Loss: 1.09517
🎯 Target: 1.08414
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy Limit (Bounce)] NZDUSD Falling towards 38.2% Fibonacci support?
NZD/USD is falling towards the pivot point of 0.61671, which is an overlap support that lines up with the 38.2% Fibonacci retracement. A bounce from this level could lead the price to rise to the 1st resistance level of 0.62139, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price fall to the 1st support level of 0.61343, which is a pullback support.
Confidence: ⭐⭐⭐
💲Entry: 0.61671
⛔️ Stop Loss: f 0.61343
🎯 Target: 0.62139
For more signals, join the Blueberry Markets VIP Trading Room!
NZD/USD is falling towards the pivot point of 0.61671, which is an overlap support that lines up with the 38.2% Fibonacci retracement. A bounce from this level could lead the price to rise to the 1st resistance level of 0.62139, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price fall to the 1st support level of 0.61343, which is a pullback support.
Confidence: ⭐⭐⭐
💲Entry: 0.61671
⛔️ Stop Loss: f 0.61343
🎯 Target: 0.62139
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell Limit (Reversal)] XAGUSD Approaching overlap resistance?
XAG/USD is rising towards the pivot point 30.901, which is an overlap resistance that aligns with the 50% Fibonacci retracement. A reversal from this level could lead the price to fall to the 1st support level of 29.438, which is a pullback support.
Alternative Scenario:
If price breaks above the pivot, we could see price rise to the 1st resistance level of 31.752, which is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Confidence: ⭐⭐⭐
💲Entry: 30.901
⛔️ Stop Loss: 31.752
🎯 Target: 29.438
For more signals, join the Blueberry Markets VIP Trading Room!
XAG/USD is rising towards the pivot point 30.901, which is an overlap resistance that aligns with the 50% Fibonacci retracement. A reversal from this level could lead the price to fall to the 1st support level of 29.438, which is a pullback support.
Alternative Scenario:
If price breaks above the pivot, we could see price rise to the 1st resistance level of 31.752, which is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Confidence: ⭐⭐⭐
💲Entry: 30.901
⛔️ Stop Loss: 31.752
🎯 Target: 29.438
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell] SPX500 Could price reverse from here?
SPX500 is currently at the pivot point of 5,354.2, which lines up with the 127.2% Fibonacci extension and could potentially reverse from this level to the 1st support level of 5,300.02, which is a pullback support that lines up with the 38.2% Fibonacci retracement.
Alternative Scenario:
However, if price breaks above the pivot, we could see price rise to the 1st resistance level of 5,398.46, which aligns with the 161.8% Fibonacci extension.
Confidence: ⭐⭐⭐
💲Entry: 5354.2
⛔️ Stop Loss: 5398.46
🎯 Target: 5300.02
For more signals, join the Blueberry Markets VIP Trading Room!
SPX500 is currently at the pivot point of 5,354.2, which lines up with the 127.2% Fibonacci extension and could potentially reverse from this level to the 1st support level of 5,300.02, which is a pullback support that lines up with the 38.2% Fibonacci retracement.
Alternative Scenario:
However, if price breaks above the pivot, we could see price rise to the 1st resistance level of 5,398.46, which aligns with the 161.8% Fibonacci extension.
Confidence: ⭐⭐⭐
💲Entry: 5354.2
⛔️ Stop Loss: 5398.46
🎯 Target: 5300.02
For more signals, join the Blueberry Markets VIP Trading Room!
Are you trading EURUSD today?
ECB Interest Rate Decision today forecasts of a 25bps cut.
ECB Interest Rate Decision today forecasts of a 25bps cut.
Anonymous Poll
56%
Yes
32%
No
15%
I don't trade news events
📈 [Buy] USD/JPY Bearish Reversal
Price is rising toward the pivot of 155.96, a reverse from this level could lead the price to fall to 1st support at 155.13
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 156.58, a pullback resistance
Confidence: ⭐⭐⭐
💲Entry: 155.96
⛔️ Stop Loss: 156.58
🎯 Target: 155.13
For more signals, join the Blueberry Markets VIP Trading Room!
Price is rising toward the pivot of 155.96, a reverse from this level could lead the price to fall to 1st support at 155.13
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 156.58, a pullback resistance
Confidence: ⭐⭐⭐
💲Entry: 155.96
⛔️ Stop Loss: 156.58
🎯 Target: 155.13
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy] USD/CHF Bullish Rise
Price is currently at the pivot of 0.8905. A rise from this level could lead the price to 1st resistance at 0.8970, an overlap resistance level.
Alternative Scenario:
If price drops from the pivot, it could fall to 1st support at 0.8881, a swing low support level
Confidence: ⭐⭐⭐
💲Entry: 0.8905
⛔️ Stop Loss: 0.8881
🎯 Target: 0.8970
For more signals, join the Blueberry Markets VIP Trading Room!
Price is currently at the pivot of 0.8905. A rise from this level could lead the price to 1st resistance at 0.8970, an overlap resistance level.
Alternative Scenario:
If price drops from the pivot, it could fall to 1st support at 0.8881, a swing low support level
Confidence: ⭐⭐⭐
💲Entry: 0.8905
⛔️ Stop Loss: 0.8881
🎯 Target: 0.8970
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Sell Limit (Reversal)] BCO/USD Pullback Resistance at 50% Fibonacci Retracement for Brent Oil
Price could rise towards the pivot point of 81.12 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price down to its 1st support at 78.79 which is a pullback support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 83.35 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
Confidence: ⭐⭐
💲Entry: 81.12
⛔️ Stop Loss: 83.35
🎯 Target: 78.79
For more signals, join the Blueberry Markets VIP Trading Room!
Price could rise towards the pivot point of 81.12 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price down to its 1st support at 78.79 which is a pullback support level.
Alternative Scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 83.35 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
Confidence: ⭐⭐
💲Entry: 81.12
⛔️ Stop Loss: 83.35
🎯 Target: 78.79
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy Limit (Bounce)] NZD/USD Falling to Overlap Support for the Kiwi
Price could fall towards the pivot point of 0.6168 which is an overlap support that aligns with the 38.2% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.6215 which is a pullback resistance that aligns close to the 161.8% Fibonacci extension level.
Alternative Scenario:
If price breaks below the pivot point, it could hit the 1st support at 0.6134 which is a pullback support that aligns close to a confluence of Fibonacci levels i.e. the 23.6% and the 61.8% Fibonacci retracement levels.
Confidence: ⭐⭐
💲Entry: 0.6168
⛔️ Stop Loss: 0.6134
🎯 Target: 0.6215
For more signals, join the Blueberry Markets VIP Trading Room!
Price could fall towards the pivot point of 0.6168 which is an overlap support that aligns with the 38.2% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.6215 which is a pullback resistance that aligns close to the 161.8% Fibonacci extension level.
Alternative Scenario:
If price breaks below the pivot point, it could hit the 1st support at 0.6134 which is a pullback support that aligns close to a confluence of Fibonacci levels i.e. the 23.6% and the 61.8% Fibonacci retracement levels.
Confidence: ⭐⭐
💲Entry: 0.6168
⛔️ Stop Loss: 0.6134
🎯 Target: 0.6215
For more signals, join the Blueberry Markets VIP Trading Room!
Non-Farm Payrolls at 1.30pm GMT today. US Economy is set to add 185k jobs in May, slightly higher than 175k in April.
Anonymous Poll
71%
USD Strength Today
31%
USD Weakness Today
Are you trading Non Farm Payrolls?
Non-Farm Payrolls at 1.30pm GMT today. US Economy is set to add 185k jobs in May, slightly higher than 175k in April.
#nonfarmpayrolls #USDJPY #trading
https://youtu.be/kcobuPTtQg8
Non-Farm Payrolls at 1.30pm GMT today. US Economy is set to add 185k jobs in May, slightly higher than 175k in April.
#nonfarmpayrolls #USDJPY #trading
https://youtu.be/kcobuPTtQg8
YouTube
Are you trading Non Farm Payrolls?
The US economy is set to add 185K jobs in May 2024, slightly higher than 175K in April, partially helped by a rebound in government hiring.
-----------------------------------------------------------------------------
If you like what you learned, please…
-----------------------------------------------------------------------------
If you like what you learned, please…
📈 [Buy Limit (Bounce)] NZDUSD Falling towards pullback support, could it bounce from here?
NZD/USD is falling towards the pivot point of 0.6179, which is a pullback support that aligns with the 61.8% Fibonacci projection and could potentially bounce from this level to the 1st resistance level of 0.6209, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price fall to the 1st support level of 0.6158, which is an overlap support that lines up with the 161.8% Fibonacci extension.
Confidence: ⭐⭐⭐
💲Entry: 0.6179
⛔️ Stop Loss: 0.6158
🎯 Target: 0.6209
For more signals, join the Blueberry Markets VIP Trading Room!
NZD/USD is falling towards the pivot point of 0.6179, which is a pullback support that aligns with the 61.8% Fibonacci projection and could potentially bounce from this level to the 1st resistance level of 0.6209, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price fall to the 1st support level of 0.6158, which is an overlap support that lines up with the 161.8% Fibonacci extension.
Confidence: ⭐⭐⭐
💲Entry: 0.6179
⛔️ Stop Loss: 0.6158
🎯 Target: 0.6209
For more signals, join the Blueberry Markets VIP Trading Room!
📈 [Buy] BTCUSD Potential bullish bounce?
XAG/USD is falling towards the pivot point of 30.156, which is a pullback support level that lines up with the 61.8% Fibonacci retracement. A bounce from this level could lead the price to rise to the 1st resistance level of 30.807, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price drop lower to the 1st support level of 29.41, which is a pullback support.
Confidence: ⭐⭐⭐
💲Entry: 30.156
⛔️ Stop Loss: 29.41
🎯 Target: 30.89
For more signals, join the Blueberry Markets VIP Trading Room!
XAG/USD is falling towards the pivot point of 30.156, which is a pullback support level that lines up with the 61.8% Fibonacci retracement. A bounce from this level could lead the price to rise to the 1st resistance level of 30.807, which is a pullback resistance.
Alternative Scenario:
However, if price breaks below the pivot, we could see price drop lower to the 1st support level of 29.41, which is a pullback support.
Confidence: ⭐⭐⭐
💲Entry: 30.156
⛔️ Stop Loss: 29.41
🎯 Target: 30.89
For more signals, join the Blueberry Markets VIP Trading Room!