GBPJPY 197.00 incomingI think gbpjpy is about to pivot and we will soon see 197.000 on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a wedge pattern.Shortby nejc.urankar.12215
Lingrid | AUDUSD target for SHORT PositionThe price perfectly fulfilled my previous idea. It went up and hit the target. FX:AUDUSD has recently formed an equal low, followed by a bounce off the support level, which is now being tested against the resistance and upward trendline area. On the daily timeframe, we can observe that the market briefly dropped below the significant level of 0.66500, which has acted as both a strong support and resistance zone in the past. This suggests that the bears are currently in control, as they have managed to push the price below this level. On the 4H chart, the market appears to be ranging, with the price pulling back after an initial impulse leg. With bearish momentum building, I expect a test of the support level in the near future. My target is 0.66075 support level. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid141427
Do not speak English !!! I only speak chart language!!!Do not speak English !!! I only speak chart language!!!Shortby Abdelfattah_Abbouchi221
EURUSD continues to target 1.1000Dear traders! On the demand timeframe we see EURUSD trading on an uptrend basis after it previously broke out of downtrend resistance. The technical outlook is optimistic and the Uptrend will certainly be supported by buyers higher and we would expect a local price increase targeting the medium to long term near the 1.1000 mark.Longby IAm_RyderUpdated 121225
EURJPY: AFTE BOJ Comments- The uptrend is still intactEURJPY: AFTE BOJ Comments- The uptrend is still intact After BOJ comments we can see that all XXXJPY pairs moved down aggressively. They said that may increase the interest rates... Will that happened? They have lied about this topic several times and nothing has happened and that is why all XXXJPY pairs will not give up their uptrend easily. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 2214
HelenP. I Euro can correct to support level and continue to riseHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time traded near support 2, which coincided with the support zone and then rebounded down to the trend line. After this movement, the Euro turned around and in a short time rose from the trend line to support 2, broke this level and made retest. Then the price made movement up, after which made a correction to support 2 and then continued to grow. Euro reached support 1, which coincided with the resistance zone, broke this level and some time traded higher even the resistance zone. Later EUR fell to the trend line, which rebounded and backed up at once, but soon it turned around and made an impulse down, thereby breaking support 1 with the trend line too. After this move, the price turned around and in a short time rose to the resistance zone, breaking support 1 one more time, and just now it continues to trades in the resistance area. For this case, I expect that EURUSD will make the little move down to the support level and then rebound up to the trend line. Then, the price can break this line and continue to grow, therefore I set my goal at 1.0915 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen5513
USDJPY : Continue the trend of price increase!Hello everyone, Brian here. USD/JPY has completed its retracement to the 0.618 Fibonacci level, and the long-term outlook remains optimistic. The pair is on track to reach the 1.618 profit target, continuing its strong performance above the two EMA lines. Additionally, the 151.100 level has now become a new support after buyers successfully broke through the previous record high.by Trader_BrianFX6
Gbpusd (H4) PredictionsGBP/USD is on the defensive below 1.2700 in the European morning on Thursday. A broadly stronger US Dollar amid waning Fed rate cut expectations and risk-aversion, keeps the pair undermined ahead of US data and Fedspeak. Longby Senorita71Updated 1132
EUR_CHF WILL GO DOWN|SHORT ✅EUR_CHF made a retest Of the broken support level Of 0.9842 which is now a Resistance so we are bearish Biased and we will be Expecting a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx113
NZDJPY Approaching the top of 3.5 years Channel Up. Strong sell.The NZDJPY pair is trading on the 4th straight green 1W candle and is approaching the top (Higher Highs trend-line) of the Channel Up pattern that started on November 2020. Even though it may extend to a +9.30% rise (the smallest long-term it had within the pattern), selling now offers excellent Risk/ Reward conditions. Our target is 92.000 (Higher Lows trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot2211
EUR USD - PRICE HAS TO TAKE A SUPPORT AT 0.5 FIB LEVELEUR USD small sell entry to the 0.5 level fib marked price on chart, price will be take support, follow for more live updates...Shortby FOREX_TRADER_007Updated 242424
GBPCAD Money Heist Plan in Bearish DirectionMy Dear Robbers / Traders, This is our master plan to Heist GBP/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 223
EURUSD → it formed a descending widening wedgehello guys... as you can see OANDA:EURUSD broke the descending channel and now it is on top of the breaking area! FX:EURUSD is forming a descending widening wedge and I put a example of this pattern here! I believe if you wanna get a long position on eurusd, be ready to break the top line of this pattern! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader94Updated 7735
USD/JPY Loses Ground Despite Strong Economic Data but..The Japanese Yen continued to weaken on Thursday, even as economic data showed a positive trend. The Tokyo Consumer Price Index (CPI) increased to 2.2% year-over-year in May, up from April's 1.8%, which marked a 26-month low. In addition, Japan’s Retail Sales (YoY) grew 2.4% in April, accelerating from a downwardly revised 1.1% rise in March and surpassing market forecasts of 1.9% growth. This marks the 26th consecutive month of expansion, indicating a sustained period of healthy consumption in Japan. Monetary Policy Implications The Bank of Japan (BoJ) has maintained its deeply entrenched monetary policy stance. Should nationwide inflation in Japan decline, it would prevent the central bank from raising interest rates. The significant rate differential between Japan and other countries continues to exert pressure on the Japanese Yen, underpinning the USD/JPY pair. US Dollar Rebound The US Dollar (USD) rebounded ahead of the Federal Reserve's preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index, which is due to be released today. However, the decline in US Treasury yields could limit the advance of the US Dollar. Technical Analysis From a technical perspective, we are anticipating a rebound for the Yen, particularly if the US Core PCE Price Index shows a negative impact. The footprint analysis reveals several areas of demand on the daily timeframe chart, where the value could find support for a possible reversal. Investors should monitor the upcoming Core PCE data closely, as it will likely influence the near-term direction of both the USD and JPY.Shortby FOREXN1228
EURUSDEURUSD 2H In the chart, static and dynamic resistance intersect and cause the price to sell and than long time buyby MullaaX015
USDCAD BUYUSDCAD is currently testing the 4H trend line and 78.6 fibonacci zone which has also been a recent support zone. I'm waiting for a 4H Bullish candle close to go long. Let me know what you think in the comment sectionLongby akumjoel5
NZDUSD → Pre-breakdown consolidation. Next, 0.62?OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term. Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall. Consolidation is being formed. If the price continues to pull up to the upper boundary of the triangle on D1, the pre-breakout prospect will only intensify. On H1 it is worth paying attention to the range 0.6170 - 0.6083. Anything can happen on the background of the news, so it is worth watching the reakitsa of the ruck to the mentioned borders. A false breakdown of support before further growth is possible. Resistance levels: 0.6170, 0.6217 Support levels: 0.6083, 0.6000 I expect that the trend may get its continuation. The market is extremely calm now, as there is strong news ahead that could determine the medium-term outlook Regards R. Linda!Longby RLindaUpdated 7711
EURCHF: Long Trading Opportunity EURCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURCHF Entry - 0.9798 Stop - 0.9756 Take - 0.9859 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals224
USDJPY OUTLOOK MARKET HAS BULLISHUSDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the channel Trendline.📈 And whi knows? This Rebound could just sky - rocket up to touch the ceiling of the the channel So fellow treads what do think? Dont forget give it it a thumbs up drop a comment and spread the worldLongby MrCharlie1Updated 37
USDCAD: First red day in the backside moveHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ Day 2 cycle 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside 4. THESIS: Long: secondary, I saw many times monday placing the high low of the week (opening range), and market coming back into that level for a breakout, pullback, continuation into the original trend, however, considering the market overall in the backside move, counter trending (as a scalp), will be my second option if a buy low opportunity is presented. Short: primary, first red day, yesterday the HOW failed and started dropping down with interesting bearish momentum. Waiting the news release before looking for a sell high opportunity, going to stop traders long from Tuesday. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 669
EUR/USD Longs 1.08300I'm expecting the price to retrace back down to the 4-hour demand zone. Once it reaches this level, I'll wait for price accumulation to buy back up. If the price breaches this zone due to the Asian low underneath, I'll be more interested in the 6-hour demand zone right below, which looks more probable. I anticipate the price to rise and take out the pool of liquidity around the Asian high region. Once this liquidity is taken, I expect the price to slow down and enter the 11-hour supply zone, where we can look for potential selling opportunities. Confluences for EU Buys are as follows: - The Demand zone has caused a CHOCH to the upside. - Lots of liquidity to the upside as well as that wick that needs to get filled. - Price is already been bullish so this is a pro-trend trade. - In order for price to keep going up it must retrace and enter these key levels to trigger a rally. P.S. Since the price hasn't broken another level of structure as I expected, the 6-hour extreme looks more appealing to me. We'll see what the price decides to do on Monday. Have a great trading week and thanks for 1k followers!Longby Hassan_fx4
SELL USDCHD AT THE POINT OF INTEREST i expect the market to come at the point of interest and spike with a big sell use proper risk management , and have vision for the next moveShortby EvarnickChaula2
EUR/CHF LONG FROM SUPPORT Hello,Friends! EUR/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.986 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals114