EUR/USD Daily Chart Analysis For Week of Jan 30, 2026Technical Analysis and Outlook:
Over the past week, the Euro trading session has demonstrated a substantial upward trajectory, surpassing the Interim Inner Currency Rally target of 1.186 and successfully retesting the completed Outer Currency Rally level at 1.191. Upon reaching this target, the Euro achieved the outstanding Outer Currency Rally level of 1.208, thereby activating a retracement towards the current Mean Support at 1.185.
It is anticipated that this retracement will continue toward the Mean Support at 1.178, with the potential extension to the Mean Support at 1.173. At this juncture, a renewed Inner Rebound is expected to initiate from the forenamed support levels.
Furthermore, market participants should be cognizant of the likelihood that the currency will exhibit a gradual intermediate gyration between the Mean Support at 1.185 and the Mean Resistance at 1.191 before resuming the retracement.
Forex
USDJPY: More Growth Ahead 🇺🇸🇯🇵
USDJPY is going to finally fill a gap down opening.
A strong bullish momentum indicates a highly probable
bullish continuation and a test of 155.6 level soon.
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The Turtle Traders: Origins, Principles, and Key Lessons The Turtle Traders: Origins, Principles, and Key Lessons
In the history of financial markets, the Turtle Traders experiment stands as one of the most influential demonstrations that successful trading can be taught through discipline and a well-defined system, rather than relying solely on innate talent.
1. The Origin of the Turtle Traders
In the early 1980s, two legendary traders—Richard Dennis and William Eckhardt held opposing views on trading success:
- Richard Dennis believed that anyone could be trained to become a successful trader.
- William Eckhardt argued that trading ability was largely innate.
To settle the debate, they designed an experiment. They selected 23 individuals from diverse professional backgrounds, trained them using a single trading system, and allocated real capital for them to trade. These participants became known as the Turtle Traders.
Over approximately four years, the Turtles generated more than $100 million in profits, providing strong evidence that trading success is driven by systems and discipline rather than natural talent.
2. Core Principles of the Turtle Trading Strategy
The Turtle system is a trend-following strategy, primarily applied to commodities and currencies. It is built on several key principles:
2.1 Trend Following
The Turtles used Donchian Channels to identify breakout opportunities:
- Buy signal: Price breaks above the 20-day high
- Sell signal: Price breaks below the 20-day low
A longer-term 55-day breakout system was also used to capture major trends.
➡️ Core idea: Do not predict the market—react only when a trend is confirmed.
2.2 Strict Risk Management (The 2% Rule)
Each trade risked no more than 2% of total account equity.
- Market volatility was measured using N, defined as the 20-day Average True Range (ATR).
- Position size was calculated as: (2% of account equity) ÷ N
➡️ This ensured position sizing automatically adjusted to market volatility.
2.3 Clearly Defined Stop Losses
- Every trade used a stop loss equal to 2N
- Positions were exited immediately if price moved against the trade by 2N
➡️ The objective was to cut losses quickly and keep them small.
2.4 Position Pyramiding
When a trade moved in their favor:
- The Turtles added to winning positions incrementally
- A maximum number of additions was strictly enforced
➡️ The philosophy: cut losses short and let profits run.
2.5 Market Diversification
Rather than focusing on a single instrument, the Turtles traded across a wide range of markets, including:
- Commodities
- Currencies
- Bonds
- Interest rate products
➡️ Diversification helped reduce risk and smooth long-term returns.
2.6 Exit Strategy and Scaling Out
The system employed multi-stage exits:
- Partial exit when price broke the 10-day high/low
- Full exit when price broke the 20-day high/low
➡️ This approach balanced profit protection with trend participation.
3. Results and Significance of the Experiment
The Turtle Traders experiment demonstrated that:
- A simple but consistent system can outperform in the long run
- Psychology, discipline, and risk control matter more than perfect entries
- Trading is not intuition-based it is a repeatable process that can be learned
4. Key Lessons for Modern Traders
From the Turtle strategy, traders can extract several enduring lessons:
- Always trade in the direction of the trend
- Define risk before entering every trade
- Accept small losses as a cost of doing business
- Allow winning trades to run
- Discipline outweighs strategy complexity
Conclusion
The Turtle Trading strategy is more than a trading system, it is a trading philosophy built on
simplicity, discipline, risk management, and consistency. In trading, a good strategy is only a prerequisite. Long-term success depends on the ability to execute that strategy consistently over time.
Master that, and you follow the same path as the legendary Turtle Traders. 🐢📈
USDJPY FREE SIGNAL|SHORT|
✅USDJPY strong bearish displacement after tapping premium supply. Price mitigated the zone and shows weak bullish follow-through, suggesting a distribution phase. Expect continuation lower toward the marked imbalance.
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Entry: 154.54
Stop Loss: 154.90
Take Profit: 154.08
Time Frame: 5H
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SHORT🔥
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GBPUSD Delivered GBPUSD H4 — Delivered Exactly as Planned ✅
Price ran liquidity, tapped into premium,
then reacted perfectly from our marked zone.
No indicators.
No guesswork.
Just HTF bias + liquidity + location.
This is why we wait.
This is why we plan.
This is why patience pays.
Market did exactly what it was supposed to do.
📍 ERL → IRL
📍 Premium → Reaction
📍 Structure respected
Execution > Emotion.
EURNZD Free Signal! Buy!
Hello,Traders!
EURNZD sharp selloff has delivered price into a higher-timeframe demand zone. Selling pressure is weakening, liquidity has been swept below recent lows, and displacement hints at a potential bullish reaction from demand.
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Entry: 1.9702
Stop Loss: 1.9598
Take Profit: 1.9857
Time Frame: 12H
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Buy!
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USD-CHF Local Short! Sell!
Hello,Traders!
USDCHF is tapping into a well-defined supply zone after a corrective pullback. Bearish order flow remains intact, with weak demand below and liquidity resting underneath recent lows. Expect rejection and continuation lower. Time Frame 2H.
Sell!
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AUD/USD | Testing the IFVG (READ THE CAPTION)As you can see in the hourly chart of AUDUSD, it is currently going towards the IFVG, and I expect a drop in price from AUDUSD once it reaches there.
Afterwards, I would like to see it go down and sweep the sellside liquidity and then make another upwards move.
Current bullish targets: 0.70350, 0.70420 and 0.70450.
Bearish targets: 0.70180, 0.70100, 0.70020 and 0.69940.
EUR/USD | What's next? (READ THE CAPTION)As you can see in the hourly chart of EURUSD, it's been consolidating in the same zone in the past 3 days, touching the NDOG and the Consequent Encroachment (C.E.) of the wick several times and going back again to them.
If it holds itself above the low of C.E., I expect it to go higher, closing the Jan 29th NDOG, and then going for the Jan 30th NDOG.
If it fails to stay above the C.E., I can see EURUSD going for the Sellside Liquidity and Jan 27th NDOG.
For now, the bullish targets are: 1.19400, 1.19550, 1.19700 and 1.19850.
Bearish targets: 1.19200, 1.19050, 1.18900 and 1.18750.
ETHUSD (3H chart pattern ).ETHUSD (3H chart pattern ).
structure-based take.
What the chart shows
Strong impulsive drop → then a bearish descending channel (flag)
Price is below the Ichimoku cloud → bearish bias
Me’ve marked a breakdown attempt near the lower channel
This looks like a bear flag continuation, not a reversal
🎯 Downside Targets
🎯 Target 1 (near-term)
≈ 2,880 – 2,850
Recent reaction lows
First liquidity/support zone
Good partial profit area
🎯 Target 2 (main target)
≈ 2,700 – 2,680
Measured move of the flag (pole → breakdown)
Strong horizontal support
Matches my marked “target point” area
🎯 Target 3 (extension, if momentum is strong)
≈ 2,600
Previous demand zone
Psychological level
❌ Invalidation
If price breaks and holds above ~3,000–3,020
Or cleanly reclaims the channel + cloud → bearish setup fails
Summary
TP1: 2,880–2,850
TP2: 2,700–2,680
TP3: 2,600 (optional extension)
If my want, I can:
Tighten this into a scalp vs swing plan
Help with stop-loss placement
Or flip it and give bullish targets if it breaks up 📈
BTCUSD (3H, chart pattern)...BTCUSD (3H, chart pattern).
clean bearish structure 👍
Here’s the straightforward target map based on what’s on my chart.
🎯 Targets (bearish continuation)
TP1: 87,900 – 88,000
→ Nearest liquidity + minor structure (price already reacting here)
TP2: 85,500 – 85,800
→ Equal lows + demand sweep zone (my marked “target point” area)
TP3 (extended): 83,800 – 84,200
→ Channel projection + higher-timeframe imbalance
🧠 Why these targets
Overall lower highs + lower lows
Price is below the descending trendline
Consolidation under resistance = bearish continuation
Ichimoku cloud above price → bearish bias stays valid
❌ Invalidation
Clean 3H close above 90,200 – 90,500
Break and hold above the descending trendline
🧭 Trade bias
Best plays: sell rallies
Avoid longing until trendline + structure break
If my want, tell me:
Entry price my eyeing
Scalp or swing.
CADJPY Massive Short! SELL!
My dear friends,
Please, find my technical outlook for CADJPY below:
The price is coiling around a solid key level - 113.78
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 113.01
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDJPY Under Pressure! SELL!
My dear followers,
I analysed this chart on USDJPY and concluded the following:
The market is trading on 154.22 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 153.74
Safe Stop Loss - 154.53
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD has formed a bearish head and shoulders pattern on the 4H🚨📊 EURUSD Update
EURUSD has formed a bearish head and shoulders pattern
on the 4H timeframe .
Price has broken below the neckline ❌,
suggesting a downtrend continuation for the Euro 📉.
🔹 First target:
the green line level 🎯
🔹 After that, price could move toward
the blue support zone 🔵,
where a potential bounce may occur.
Structure remains bearish
until price reclaims key levels.
USDCHF Is Going Down! Short!
Please, check our technical outlook for USDCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.768.
The above observations make me that the market will inevitably achieve 0.758 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EUR/JPY | Between NWOGs! (READ THE CAPTION) As it can be seen in the 2H chart of EURJPY, it opened the week with a massive NWOG, and it has been testing and retesting the NWOG since the beginning of the week. It also has been stuck in the last week's NWOG, going through it then coming back to it like magnet several times. Currently it is being traded at 183.400, just barely above last week's NWOG high.
I expect EURJPY to retest this weeks NWOG relatively soon.
Targets for EURJPY: 183.440, 183,600, 183.760 and 183.920.
GOLD Will Grow! Long!
Here is our detailed technical review for GOLD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,020.46.
Taking into consideration the structure & trend analysis, I believe that the market will reach 5,216.72 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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USD/JPY SHORT FROM RESISTANCE
Hello, Friends!
Bearish trend on USD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 151.907.
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NZDUSD hit its 1W MA200 for the first time after almost 4 years!Last time we looked at the NZDUSD pair (November 07 2025, see chart below), we gave a timely buy signal at the bottom of its Channel Down, which shortly after it hit our 0.57250 Target:
This time we move to the longer term time-frames, the 1W in particular as we have a critical Resistance test for the first time in almost 4 years. It's been the week of April 18 2022 when the pair last time hit its 1W MA200 (orange trend-line). At the same time, it hit the Lower Highs 1 trend-line that started on April 04 2022.
This is a strong Resistance cluster and given also that the 1W RSI touched its own 4-year Resistance (63.50), we are turning bearish on this pair, targeting 0.56000, which is just above the long-term Support Zone.
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USOIL BEARS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 65.09
Target Level: 63.63
Stop Loss: 66.05
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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