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Forexmentor

GU, UJ & Gold: Calm Before the Storm | Fed, BoJ, BoE AheadThe markets have been stuck in ranges for weeks, GBPUSD, USDJPY, and Gold all moving sideways. In this video, I share a clear perspective on why that’s happening and what could finally trigger a breakout. Here’s what you’ll gain: ✅A simple breakdown of the range structures on GBPUSD, USDJPY, and Gold. ✅The key economic events next week that could shake the market (Fed, BoJ, BoE, UK CPI & labour data). ✅Likely breakout scenarios and the triggers to watch. ✅How to avoid getting trapped while the price is still consolidating. This is the “calm before the storm” phase, and knowing how to position yourself ahead of it could make all the difference. 👉 Drop a comment with the pair you’re watching most closely. Trade smart, trade consciously. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice, always do your research and consult a licensed advisor before trading.
by darcsherry
EURUSD Testing the Wedge, Eyes on Breakdown PotentialPrice action on EURUSD is coiling within a broad ascending wedge, and momentum looks heavy near the upper bound. The repeated rejections at resistance highlight fading bullish energy, and with fundamentals aligning toward USD resilience, the pair could be preparing for a downside break. Let’s break this down step by step. Current Bias Bearish, price action signals downside risk as EUR/USD fails to sustain momentum at wedge resistance and approaches critical support. Key Fundamental Drivers ECB stance: Recent commentary (Patsalides, Kazaks, Simkus) shows caution. ECB members see risks balanced but stress that the next move could still be higher if needed. Fed policy: US data (labor cooling, ISM Services expansion, sticky inflation) keeps Fed in cautious easing mode. The dollar still benefits from safe-haven demand and relative growth strength. Yield spreads: US Treasury yields remain elevated compared to Eurozone bonds, keeping USD attractive. Macro Context Interest rates: ECB signals that cuts are not urgent, while the Fed eyes gradual easing. The relative policy stance favors USD stability. Economic growth: Eurozone growth data remains fragile (Germany flat, France stable, Italy soft). US shows moderate but slowing growth. Commodity flows: Energy prices are softer, reducing pressure on the Eurozone’s import bill but also reflecting weaker global demand. Geopolitical: Tariffs, EU-US trade tensions, and energy security risks remain an overhang. Primary Risk to the Trend A dovish Fed pivot or softer US CPI could weaken the USD, pushing EUR/USD higher through wedge resistance. Conversely, if Eurozone inflation flares up again, the ECB could delay cuts, temporarily supporting the euro. Most Critical Upcoming News/Event US CPI release – key for Fed trajectory. ECB meeting minutes and Lagarde’s speeches – signals on rate path. Eurozone PMIs – fresh check on growth momentum. Leader/Lagger Dynamics EUR/USD is a leader within euro crosses, often setting directional bias for EUR/JPY, EUR/GBP, and EUR/CHF. It also tracks USD momentum, so it can act as a lagger to US data-driven moves that first show up in DXY. Key Levels Support Levels: 1.1692, 1.1585 Resistance Levels: 1.1746, 1.1788 Stop Loss (SL): 1.1788 (above wedge top) Take Profit (TP): 1.1585 (major downside target if wedge breaks) Summary: Bias and Watchpoints EURUSD is tilting bearish as it stalls at wedge resistance and fundamentals lean toward USD strength. The bias points to a potential break lower, with downside targets near 1.1692 and ultimately 1.1585 if momentum accelerates. A stop loss above 1.1788 protects against false breakouts. Traders should keep a close eye on US CPI and ECB communication, as these will dictate whether this wedge finally resolves to the downside or extends consolidation. For now, the watchpoint is clear: hold bias bearish, with 1.1585 as the key profit zone.
Short
by ultreosforex
6
XAUUSD Bullish Continuation Setup? Gold (XAU/USD) – 1H Technical Outlook Price action on the hourly chart is developing within a well-defined ascending channel, supported by dynamic trendlines that have consistently provided higher highs (HH) and higher lows (HL), confirming the underlying bullish structure. The Key Support and Resistance Zone around 3,330–3,350 USD has proven to be a pivotal area, acting as both a consolidation base and a springboard for bullish impulses. The most recent Multi-Confluence Support and Pivot Area aligns with dynamic channel support, reinforcing its technical significance. Volume Profile (Flow Profile) data remains overall bearish, indicating that a majority of trading activity has occurred at lower levels. However, the profile is beginning to exhibit early signs of accumulation, which often precedes directional reversals in market sentiment. From a structural perspective, maintaining price action above the 3,328–3,350 USD support range would sustain the bullish bias, with upside potential toward Channel High Resistance near 3,400 USD, and an extended target into the Target Area around 3,420 USD. Conversely, a decisive break below the Invalidation Zone (~3,310 USD) would undermine the bullish channel structure, increasing the probability of a deeper retracement. Outlook: Bias: Bullish continuation, contingent on support holding. Key Support: 3,328–3,350 USD Immediate Resistance: ~3,400 USD Primary Target: ~3,420 USD Invalidation Level: ~3,310 USD This setup suggests that, while buyers retain structural control, confirmation from price action and volume behavior will be critical in validating the next bullish leg.
BLACKBULL:XAUUSDLong
by OfficialKieranTrewick
Gold Traders Pay Attention! Major Moves Incoming ? XAU/USD is setting up for a monster move — and all the signs are lining up! 👇 This is a perfect storm of technical confluence you don’t want to miss: 📊 After weeks of consolidation, gold has just broken out of a downtrend, retested the zone, and is now sitting on a major decision point. This zone is packed with: ✅ A dynamic trendline flip (was resistance, now acting as support) ✅ 200 EMA cushioning the retest ✅ 50% Fibonacci retracement aligning perfectly ✅ High-volume node from the volume profile = big player interest ✅ Mid-Bollinger Band offering bounce potential ✅ Strong bullish market structure forming All eyes are on this green circle zone— a critical battle between bulls and bears. If bulls win here, we could see a powerful move straight into the upper resistance zone, possibly breaking previous June highs! 🦍💥 This is what smart money setups look like — multiple confirmations, clean structure, and asymmetric reward potential. 🔑📈 Tag a gold trader who needs to see this, and drop a ⚡️ if you're locked in on this breakout setup! VANTAGE:XAUUSD FOREXCOM:XAUUSD EIGHTCAP:XAUUSD
VANTAGE:XAUUSDLong
by OfficialKieranTrewick
GBPUSD: Bearish Momentum vs. Fundamental Repricing – Key LevelsGBPUSD is at a critical juncture, balancing a clear technical breakdown with a fundamental backdrop favoring near-term volatility. The pair has slipped from its rising wedge structure and is now testing key retracement zones while markets reprice expectations for Fed rate cuts after weak US jobs data. Traders are closely watching whether this bearish momentum will extend toward the 1.3128 support or if a rebound from oversold conditions could trigger a corrective bounce. Technical Analysis (8H Chart) Pattern: Clear breakdown from a rising wedge, confirming bearish bias. Current Level: Price sits near 1.3278, struggling to reclaim the 1.3300 resistance zone. Key Support Zones: 1.3128 (61.8% Fibonacci retracement) – main bearish target. 1.2945 (78.6% retracement) – extended downside target if selling pressure deepens. Resistance Levels: 1.3300 (immediate resistance, prior support now flipped). 1.3380 (secondary resistance if a retracement rally occurs). Projection: Likely bearish continuation toward 1.3128, with a potential retest of 1.3300 before continuation. Fundamental Analysis Bias: Bearish in the short term, but Fed policy and risk sentiment remain key drivers. Key Fundamentals: USD: Weak NFP (73K), higher unemployment (4.2%), and downward revisions boost Fed cut bets (~75% for September), typically a USD-negative factor. GBP: BOE maintains a cautious stance due to sticky inflation but lacks clear hawkish conviction as growth slows. Tariffs: US tariffs add a mild negative weight on GBP trade sentiment. Risks: Hot US CPI could slow Fed cut bets, supporting USD. Hawkish BOE comments could limit GBP downside. Global risk sentiment shifts could either favor USD (risk-off) or weaken it further (risk-on). Key Events: US CPI and PPI for USD direction. BOE policy updates and UK CPI. US jobless claims and Fed commentary. Leader/Lagger Dynamics GBP/USD is a lagger, mainly reacting to USD shifts. However, its moves directly influence GBP crosses such as GBP/JPY and GBP/CHF. Summary: Bias and Watchpoints GBP/USD remains in a bearish phase, targeting 1.3128 with a potential corrective bounce toward 1.3300 first. The primary driver is the technical breakdown, while fundamentals add volatility around US CPI and BOE policy. If CPI surprises lower, the bearish outlook could reverse into a short-term rebound; if CPI is hot, downside momentum could extend. You should monitor USD-driven events closely as GBP/USD sets the tone for broader GBP movements.
Short
by ultreosforex
1
NZDCHF – Bullish Breakout Sets Stage for ReversalNZDCHF has broken decisively out of a long-term descending channel, signaling a potential trend reversal. Price action confirmed multiple bullish flags within the falling structure, followed by a clean breakout and higher low retest, supporting a bullish continuation bias. Currently, the pair is stabilizing just above prior resistance turned support around 0.4760–0.4780, forming a potential launchpad for the next leg higher. Upside Targets: TP1: 0.48336 TP2: 0.48844 TP3: 0.49319 Invalidation Zone: A drop below 0.4720 would invalidate the breakout structure and expose the downside. Fundamental Drivers: 🇳🇿 NZD Strength: RBNZ remains relatively hawkish compared to other central banks, and the Kiwi may gain from improving risk sentiment and easing global recession fears. 🇨🇭 CHF Weakness: Swiss Franc is under mild pressure as safe-haven flows weaken amid improving tone on US-China-EU trade headlines and fading ECB rate cut bets. 🗓️ Macro Flow: Upcoming risk events (Fed comments, trade updates, and NZ economic prints) could inject momentum into the pair, especially if risk appetite improves. Bias: ✅ Bullish (Buy) Confidence: ★★★★☆ Watch for: Clean hold above 0.4770 zone + bullish momentum continuation.
Long
by ultreosforex
13
Why EUR/USD Dropped: A Step-by-Step Breakdown for Learners📉 Overview: The EUR/USD has recently approached a key resistance zone near 1.17726, showing signs of a potential rejection after a bullish rally. The price is currently hovering around 1.17468, forming a short-term bearish setup that could lead to a retracement or reversal. ⸻ ⚙ Key Technical Zones: • 🔼 Resistance: 1.17500 – 1.17726 Price was strongly rejected after testing this area. This level has historically acted as a supply zone. • 🔽 Support: 1.15500 – 1.16000 This is a historically significant demand zone, where price previously consolidated and reversed. • 🎯 Target Zone: 1.16308 Marked as a potential take-profit level based on prior price structure and volume profile imbalance. ⸻ 🧠 Indicators & Tools: • Bollinger Bands: Price touched the upper band in overbought conditions, suggesting a possible mean reversion. • Volume Profile (VRVP): Indicates declining volume near resistance, pointing to weak buyer momentum. • Price Action: Bearish engulfing candle and strong rejection wick at resistance, confirming selling pressure. ⸻ 🧭 Market Bias: 📌 Short-Term Bearish A short opportunity is forming based on the rejection from resistance and overextension of price. ⸻ 🧩 Possible Scenario: 1. Breakdown below 1.17061 (mid-level support) could trigger acceleration to the downside. 2. 1.16500 and 1.16308 are ideal short targets before reevaluation for continuation or bounce. ⸻ 🛑 Risk Management Tips: • Consider SL above 1.17800 (previous high). • Monitor for confirmation before entry (e.g., bearish candle close below 1.17000). • Adjust size and risk-reward ratio appropriately.
Short
by Mentor_Michael03
Is Gold Ready for a Breakout or Pullback? | Weekly ForecastIn this video, we dive deep into the gold market analysis for the week of July 7 to July 11, 2025. I break down everything you need to know from last week’s price action — including the surge to $3,360, the impact of the U.S. tax cut and spending bill, and the 2.2% weekly gain despite consolidation. We also look ahead at what to expect this week, including: 📅 July 9 Trade Tariff Deadline 📉 Key U.S. labor data (Initial Jobless Claims) 🏦 Market sentiment around Fed rate cut speculation 📊 Strategic insights based on technical and macro confluence 👉 If you find this content valuable, don’t forget to Vote, Comment, and Subscribe for weekly market breakdowns. 💬 Drop your thoughts in the comments: Do you think gold will break above $3,360 this week? Or are we gearing up for a deeper pullback? Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
OANDA:XAUUSD
by darcsherry
GOLD Price Analysis: Key Insights for Next Week Trading DecisionIn this video, I break down last week’s gold price action and give you a detailed outlook for the week ahead. With gold closing around $3,260 and major macroeconomic shifts unfolding—including the Israel-Iran ceasefire talks, rising US dollar strength, and concerns over the US Q1 GDP contraction, we are at a turning point. 📉 Will weakening economic data force the Fed to pivot? 📈 Could this create a fresh bullish wave for gold? Or will stronger job numbers and inflation data drag gold lower? ✅ What you’ll learn in this video: ✅Key fundamental drivers affecting gold (XAU/USD) ✅Important economic events to watch (Fed Chair speech, NFP, ISM) ✅My technical analysis of gold price levels to watch ✅How to read the current market sentiment like a pro ✅Strategic trading zones for bulls and bears 🔔 Don’t forget to like the video in support of this work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #xauusd, #goldprice, #goldanalysis, #goldforecast, #goldtrading, #xauusdanalysis, #technicalanalysis, #fundamentalanalysis, #forextrading, #forexmentor, #nfpweek, #goldoutlook, #tradingstrategy, #chartanalysis, #julyforecast, #fedwatch, #priceaction, #traderinsights, #commoditytrading, #marketbreakdown, #xauusdforecast, #tradethefundamentals, #smartmoneytrading
EIGHTCAP:XAUUSD
by darcsherry
1
GOLD Price Forecast: Is the Pullback Over? | Weekly OutlookWill XAUUSD resume its bullish trend, or is more downside ahead? In this video, I break down last week’s gold price movement and the current market reaction to rising geopolitical tensions between Iran and Israel, now with the U.S. joining the conflict. We also assess the impact of the Fed’s recent rate hold, weak retail sales, and upcoming high-impact U.S. economic events like PMI, GDP, and Core PCE. 💡 Here’s what you’ll learn: ✅What caused gold’s pullback last week ✅Why institutional traders shake out retail buyers ✅Key fundamentals driving gold right now ✅How to position yourself smartly for the upcoming trading week 🔔 Don’t forget to like the video in support of this work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #goldanalysis, #xauusd, #goldforecast, #goldpriceprediction, #forexanalysis, #fundamentalanalysis, #forextrading, #tradinggold, #goldnews, #federalreserve, #marketpsychology, #tradingstrategy, #geopoliticalrisk, #usdata, #iranisraeltensions, #goldbullish, #goldbearish, #forexmentor, #xauusdforecast, #tradingview
PEPPERSTONE:XAUUSD
by darcsherry
NZDJPY “Kiwi Poised to Fly as Japan Muddles ThroughNZDJPY shows a bullish breakout from a descending trendline, with bullish structure holding near 87.20–87.25. Key resistance targets: 87.97 (Previous high) 88.64 (Next resistance / projected fib target) Two upside scenarios are shown: Conservative target: ~87.97 Aggressive swing: ~88.64 If 87.00–87.20 zone holds as support, expect bullish continuation. 🧩 Current Bias: Bullish 📌 Key Fundamentals Driving NZDJPY NZD Side (Strengthening): RBNZ hawkish hold: RBNZ recently kept rates at 5.50% and warned that inflation remains persistent, requiring prolonged tight policy. Resilient NZ GDP: Stronger-than-expected GDP print signals economic resilience. Terms of trade improvement: Commodity exports holding firm, China consumption rebound showing hints of demand recovery (see recent 618 festival sales data). AUD correlation: AUD and NZD are moving together; if AUD strengthens, NZD often follows. JPY Side (Weakening): BoJ remains ultra-dovish: Despite inflation trends, BoJ is hesitant to tighten further, preferring gradual tapering. Yen under pressure from yield differentials: Global central banks (like RBNZ, Fed) remain hawkish while BoJ is not. Geopolitical funding flows: JPY used as a funding currency amid global volatility (carry trade boost for NZDJPY). ⚠️ Risks That May Reverse the Trend BoJ surprise tightening rhetoric (e.g. bond purchase taper announcement). China data deterioration, hurting Kiwi sentiment. Sharp equity sell-off and geopolitical escalation (Yen safe-haven reversal). 📅 Important News to Watch 🇳🇿 NZ Trade Balance (upcoming) 🇯🇵 Tokyo Core CPI (Jun 28) – Critical for BoJ policy speculation. RBNZ or BoJ member speeches (hawkish or dovish shifts) Fed tone shift or US dollar strength spillover 🏁 Who Leads the Move? NZDJPY could lead among yen crosses due to the RBNZ’s clear inflation fight versus BoJ’s passive stance. NZDJPY is also more responsive to commodity and global risk-on flows than EURJPY or USDJPY.
Long
by ultreosforex
Gold Technical & Fundamental Outlook for Next WeekIn this video, I break down the recent surge in gold prices, what drove the momentum, including rising tensions between Israel and Iran, and the impact of weaker U.S. inflation data that’s pushing Fed rate cut expectations. Gold is now sitting just below the all-time high of around $3,500. With major U.S. economic events like Retail Sales and the Federal Reserve Interest Rate Decision coming up, this is a key moment for us to prepare. 💥 Will we see a breakout above resistance, or is a healthy dip on the cards before the next move? I’ll walk you through the key levels, the market psychology, and how I’m planning my trades this week. 💡 Make sure to like, comment, and subscribe for more weekly gold and forex market insights. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #MarketOutlook #GoldForecast #TechnicalAnalysis #FundamentalAnalysis #FOMC #FedRateDecision #RetailSales #SafeHaven #GoldBreakout #TradingStrategy #ForexMentor
EIGHTCAP:XAUUSD
by darcsherry
GBPCHF Breaks Rising Wedge – Reversal Targets 1.0940 and 1.0815GBPCHF has broken down from a rising wedge formation on the 4H chart, signaling a shift from bullish momentum to bearish control. The pattern break comes near the 50% retracement level, with price now trading below ascending trendline support. With fundamental headwinds weighing on the British pound and safe-haven demand supporting the Swiss franc, the setup favors a short bias targeting the 1.0940 and 1.0815 zones. 🔍 Technical Analysis Pattern: Rising wedge → broken to the downside Breakout Confirmation: Price has closed below the wedge support (trendline) Key Support Levels: 1.0940 → 38.2% fib + previous structure support 1.0815 → 23.6% fib retracement + horizontal support zone 1.0608 → Full wedge base (longer-term target) Resistance / Invalidation: 1.1150 – a close back above this level invalidates the breakdown Candle Behavior: Bearish structure forming with lower highs Clean engulfing candle closed below wedge 📉 Bias: Bearish (confirmed technical reversal) 🌍 Fundamental Context 🇬🇧 British Pound (GBP) UK CPI expected to rise (3.3% forecast), which may limit BoE cuts, but not bullish enough to support GBP Political uncertainty resurfaces (Labour slipping in polls) BoE speakers are split; no clear support from policy 🇨🇭 Swiss Franc (CHF) Safe-haven flows rising on: Global growth slowdown Tensions between U.S.–Iran Downgrade of U.S. debt → risk aversion favors CHF SNB remains cautious, but CHF gains defensive strength in risk-off conditions 🎯 Trade Setup Bias: Sell Entry Zone: 1.1080–1.1100 (breakout confirmation) Targets: TP1: 1.0940 TP2: 1.0815 TP3: 1.0608 (extension target) Stop Loss: Above 1.1150 ⚠️ Risk Factors CPI surprise tomorrow could cause GBP spikes — be cautious around the release If equities rally hard or CHF weakens globally, price could retest the wedge structure before falling BoE hawkish surprise could challenge short-term bearish bias 🧭 Conclusion GBP/CHF has broken out of a rising wedge — a classic bearish reversal signal. The technical break aligns with macro weakness in GBP and CHF strength in a risk-off environment. Short trades remain valid below 1.1150, targeting a drop to 1.0940 and 1.0815 in the coming sessions.
Short
by ultreosforex
8
GBPUSD Approaches Key Resistance: Watch for Bearish ReversalGBPUSD pair is trading within a clearly defined ascending channel on the 1-hour chart, showing a short-term bullish structure. However, this bullish move appears corrective within a broader consolidation range capped near the 1.3590 resistance zone. 🔍 Technical Breakdown: Current Price: 1.35535 Immediate Resistance: 1.35885–1.35929 (previous highs and psychological level) Support Levels: Trendline support near 1.3530 Horizontal support: 1.34282, 1.34176 Structure: Price has formed a bullish flag breakout and is now approaching key resistance. A new higher high is anticipated toward 1.3590, but this level has repeatedly rejected price in the past. The projected path indicates a potential liquidity grab above 1.3590 followed by a sell-off toward 1.3420–1.3410 area, aligning with a trendline break scenario. Bearish Scenario: A strong rejection from the 1.3590 zone, especially if accompanied by bearish divergence or a strong candle close, could trigger a shift back down to the 1.3417–1.3428 support zone. This would confirm a short-term top and potential retracement toward lower liquidity zones. 📊 Fundamental Backdrop: USD-side: Recent U.S. labor market strength (e.g. ADP report and low jobless claims) supports a hawkish bias, favoring USD upside. However, Fed policymakers remain cautious due to trade tensions and tariff uncertainty. This has injected short-term volatility into USD pairs. GBP-side: UK economic data has been mixed, with GDP growth forecasts under scrutiny. BoE policymakers are dovish, emphasizing weak productivity and wage pressures, making the pound vulnerable to downside catalysts. 📌 Conclusion: Watch for a potential bull trap near 1.3590, followed by a bearish reversal toward 1.3420–1.3410 if momentum weakens and sellers step in. This would complete the expected technical leg down and align with broader risk sentiment if dollar strength returns.
Short
by ultreosforex
13
XAUUSD: Break or Bounce at ResistanceGold has reached a critical technical zone near a long-term descending trendline and horizontal resistance around $3360–3380. Price action suggests a make-or-break moment is unfolding. Key Technical Structure: Descending Trendline Resistance from the April high capped the rally. Current move has formed a rising wedge — typically bearish if broken. Price is testing resistance confluence — a rejection could send Gold lower. Scenarios to Watch: 🔹 Bullish Breakout: Clean breakout and close above $3380 confirms trendline invalidation. Upside projection points to $3500 — previous high and psychological level. 🔹 Bearish Rejection: Failure to break the trendline + wedge breakdown can drag price to: $3280 (38.2% Fib) $3160–3200 zone (61.8% Fib + demand area) Macro Factors to Watch: Tariff escalation between US–EU could trigger risk-off → bullish for Gold. FOMC policy pause, weak job data, or inflation rebound also support upside. Stronger USD or yield spike may trigger wedge breakdown → bearish. Conclusion: XAUUSD is at a key inflection point. Wait for confirmation: either a clean breakout or a clear reversal rejection. Trade the resolution, not the anticipation.
OANDA:XAUUSDShort
by ultreosforex
8
DXY Short-Term Reversal Zone in SightUS Dollar Index (DXY) is approaching a strong support zone at 98.90–98.00, which has historically acted as a base for bullish reversals. The price is now testing the lower bound of this zone after a steady downtrend from the 101.94 high. Key Technical Structure: Support Zone: 98.90–98.00 (tested 3+ times) Double Bottom Potential forming if bulls hold the zone Upside Targets: 101.94: Key horizontal resistance 103.50: Swing high from early April Scenarios to Watch: 🔹 Bullish Rebound: Price bounces off 98.90–98.00 support Confirmation: Break and close above 100.50 near-term resistance Could fuel move back to 101.94, possibly 103.50 🔹 Bearish Breakdown: Daily close below 98.00 would invalidate bullish setup Opens downside to 97.00 and even 95.50 Macro Drivers to Watch: FOMC speakers and interest rate guidance US jobless claims or inflation surprise Risk-off sentiment (benefits USD) vs. continued global risk appetite Conclusion: DXY is trading at a make-or-break support zone. Watch for clear bullish reaction or bearish breakdown before committing. The setup favors a bounce unless 98.00 fails.
TVC:DXYLong
by ultreosforex
3
USDJPY Forecast for NFP Week | Price at a Critical Turning PointIn this video, I’m diving into the USDJPY setup ahead of a high-impact week filled with major economic news like the NFP, ADP Employment, and speeches from the BoJ Governor. We’ll walk through the technical zones I’m watching, discuss potential buyer and seller reactions, and outline the key catalysts that could move the market. 🔔 Don’t forget to like the video in support of my work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #USDJPY #ForexForecast #NFPWeek #ForexMentor #TechnicalAnalysis #ForexTrading #BoJ #TradeSetups #PriceAction #MarketBreakdown
by darcsherry
16
Market next move 1. Bearish Rejection from Resistance Disruption: The price has struggled to break above the 3,240–3,250 area multiple times. This could indicate strong resistance. Implication: If the price fails again, we may see a rejection and a move down towards the 3,180–3,160 support range instead of a bullish breakout. --- 2. Volume Analysis Caution Disruption: The volume during recent upward moves is not significantly higher than the downswings. Implication: Weak buying volume might not support a strong breakout, suggesting a fakeout could occur. --- 3. False Breakout Possibility Disruption: A possible fake breakout above the red box might lure in buyers before a reversal. Implication: Watch for a "bull trap" where the price briefly breaks up and then reverses sharply downward. --- 4. Macro Events Ahead Disruption: The timing (around May 20) could align with macroeconomic news (e.g., Fed minutes, CPI, etc.). Implication: News can trigger volatility and negate technical expectations. --- 5. RSI or Momentum Indicators? Disruption: Without checking RSI or other momentum indicators, the analysis might lack confirmation. Implication: Overbought/oversold conditions could shift the bias unexpectedly.
TVC:GOLDLong
by Gold_Free_Signals