Warning: AUD/USD Sinking – Any Reversal Ahead?Hello everyone, today we’ll analyze the AUD/USD pair in the context of its clear downtrend.
In terms of news, the USD is strengthening due to expectations that the Federal Reserve (Fed) will keep interest rates high, putting pressure on the AUD. Additionally, the lack of supportive data from Australia recently has made investors concerned about the economic outlook of the country.
From a technical perspective, the chart shows that AUD/USD is in a downtrend as the price breaks through a descending triangle pattern . The resistance at 0.65200 has been rejected several times, and the buying pressure is weakening. This indicates that the downtrend could continue, especially as the price has tested and failed to break through this resistance level.
The next key support levels are 0.64700 and 0.64200. If the price breaks these support levels, the downtrend will likely accelerate. Given the current context, AUD/USD may continue to fall in the short term, unless there’s an unexpected shift in policy from the Fed or Australia .
In conclusion, the downtrend of AUD/USD is clear and significant . The support levels at 0.64700 and 0.64200 are important levels to watch for trading.
Fxmarket
DXY — Sunday War MapThe U.S. government has reopened after a 43-day shutdown, but the gap in economic data remains.
Several key datasets were not collected during the closure, and the missing information cannot be reconstructed.
As a result, the Dollar is now trading on partial visibility rather than complete fundamentals.
Macro Overview
The most recent complete inflation report is September CPI at 3.0%, with core inflation also at 3.0%.
Earlier in the month, the U.S. Dollar Index (DXY) briefly moved above 100.
It then retreated toward 99 after consumer sentiment fell to a three-year low.
Last week’s muted behavior reflects uncertainty, not a structural shift.
When information is missing, liquidity becomes cautious and price action compresses.
Key Events This Week (Nov 17–21)
FOMC Minutes — Wednesday, Nov. 20
This release provides the first reliable view into Federal Reserve discussions since the shutdown.
Markets will look for whether policymakers supported multiple rate cuts or expressed hesitation.
Consumer Sentiment — Friday, Nov. 22
Last month saw a more than 30% year-over-year decline.
Another weak reading will influence Dollar positioning.
Delayed Data Returns
Housing, industrial production, and jobless claims will re-appear gradually this week.
These incomplete releases still matter ahead of the December 9–10 Federal Reserve meeting.
The Dollar is currently driven more by data absence than by clear economic direction.
MSM — Market Structure Mapping
DXY remains inside a major daily bullish range:
Range Low: 97.672
Range High: 99.985
Price sits near the 50% geometric midpoint.
Last week closed at 98.776, maintaining structural balance and preserving the broader bullish framework.
VFA — Volume Flow Analytics
Price continues to hold on the 98.725 bullish volume node, a level typically used for quiet accumulation.
This suggests ongoing absorption of buy-side orders at discount levels ahead of potential volatility expansion.
OFD — Order Flow Dynamics
Liquidity remains concentrated around two notable participation zones:
Aggressive buyers: 98.243
Aggressive sellers: 99.225
These zones are often retested early in the week to assess participation or clear weak inventory before direction establishes.
PEM — Precision Execution Modeling
Mid-range conditions are typically used to clear stops on both sides before intent forms.
Execution criteria for the week:
Respect higher-timeframe direction
Wait for confirmation
Avoid mid-range noise
Act only when structure, flow, and behavior align
High-quality setups generally appear after liquidity sweeps, not before.
Psychological Frame
The major risk this week is acting on incomplete data.
The shutdown left a statistical gap that has not yet been resolved.
Professionals avoid committing capital until visibility improves.
The appropriate approach for the week is simple: observe first, act later.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
EURUSD – Bullish Setup Toward 1.16EURUSD – Bullish Setup Toward 1.17
EURUSD is showing strong signs of a bullish reversal after an extended period of downside movement. The 3H chart highlights several Market Structure Shifts (MSS) and Breaks of Structure (BOS) suggesting that bearish momentum is fading and buyers are regaining control near the 1.1500 demand zone.
The price is forming a solid accumulation base, indicating that smart money may be positioning for a move higher. A clean break above the 1.1680–1.1730 resistance area could confirm a trend reversal, opening the way for a sustained bullish rally toward the mid-1.18 region.
With momentum strengthening and structure turning positive, EURUSD looks poised for a potential breakout continuation in the days ahead.
📈 Key Insights:
Structure: Bullish reversal forming on 3H timeframe
Support zone: 1.1500 – strong accumulation base
Upside targets: 1.1680 → 1.1730 → 1.1800
Outlook: Buyers regaining control; bullish continuation likely
Euro Under Pressure from Strong USDThe euro continues to show weakness against the dollar as global risk sentiment cools and investors shift toward safer assets. Market participants remain cautious ahead of key inflation data from the Eurozone and upcoming comments from Federal Reserve officials, which could clarify the next phase of U.S. monetary policy.
The recent euro recovery attempts have met consistent supply, reflecting pressure from subdued European growth and stronger U.S. economic resilience. The dollar remains supported by robust labor market conditions and persistent inflation expectations, which sustain demand for U.S. yields and Treasury assets.
Liquidity patterns suggest that institutions are still offloading positions near recent highs, keeping EUR/USD confined within a broader corrective cycle. Energy price fluctuations and diverging rate expectations between the ECB and the Fed continue to weigh on sentiment.
Overall, the pair remains under macroeconomic strain, with capital flows favoring the dollar as global markets seek stability amid geopolitical uncertainty and slowing global trade momentum.
The Argentine peso swung sharply after US Treasury intervention
Treasury Secretary Bessent noted that Argentina faces a severe liquidity crisis, prompting Washington to finalize a USD 20 billion currency swap deal with the Argentine central bank. The rare move to directly purchase pesos appears aimed at preventing the collapse of President Javier Milei’s right-wing government amid mounting economic turmoil and public unrest.
USDARS broke below EMA21 and subsequently retested EMA78. The price broke below the ascending channel's lower boundary, indicating a potential shift toward bearish momentum. If USDARS breaks below EMA78 and the support at 1310, the price may decline further toward 1270. Conversely, if USDARS breaches above the resistance at 1370, the price may gain upward momentum toward the previous high at 1475.
Rising Diagonal Pattern Near CompletionAUD/USD Elliott Wave Analysis – Rising Diagonal Pattern Near Completion
Overview
The AUD/USD pair has formed a clear ending diagonal pattern, signaling potential exhaustion of the current bullish trend. This structure, often seen at the final stage of an impulse wave, suggests that a corrective phase may soon follow. The diagonal appears complete with all five internal waves labeled (I-V), indicating that the market might be preparing for a deeper pullback.
Technical Analysis
According to the Elliott Wave structure visible on the 6-hour chart, AUD/USD completed its fifth and final wave near the 0.67 region. The wedge pattern is now narrowing, with bearish divergence hinting at weakening bullish momentum.
Wave Structure:
Wave I started the diagonal formation, initiating the rising trend.
Waves II and IV acted as corrections, forming higher lows.
Wave V extended slightly but failed to make a strong breakout, suggesting exhaustion.
The price currently trades near 0.6560, with a potential retracement zone between 0.6450 and 0.6500. This range coincides with a strong demand zone and the lower boundary of the diagonal pattern. A pullback into this area could complete the corrective (A)-(B)-(C) structure before the next major directional move.
Key Levels
Support Zone: 0.6450 – 0.6500
Immediate Resistance: 0.6650 – 0.6680
Breakout Confirmation: A sustained break below 0.6450 could confirm the end of the diagonal and open the door toward 0.63 in the medium term.
Invalidation: A breakout above 0.67 would invalidate the bearish correction scenario.
Market Outlook
The diagonal’s completion suggests that the pair may enter a short-term correction phase. However, traders should monitor price action near the support area before confirming the next trend direction. If buyers defend the 0.6450 zone, a rebound toward 0.6650 is likely. Conversely, a clear break below the wedge would strengthen bearish momentum.
Given the overall wave count, the market is likely in transition between an impulsive and a corrective phase. Patience is crucial at this stage, as the next few sessions will determine whether the larger uptrend resumes or a deeper retracement unfolds.
EUR/GBP Technical Analysis – Range-Bound Structure EUR/GBP Technical Analysis – Range-Bound Structure with Potential Rebound
The pair is currently trading within a well-defined horizontal channel between:
Support Zone: 0.86400 – 0.86200
Resistance Zone: 0.87800 – 0.87600
Price is currently near the mid-level (0.86756), showing consolidation after a rejection from resistance.
Supertrend Indicator:
The Supertrend (10,3) is currently bearish (red line above the price), indicating short-term downward pressure.
Price recently broke below the Supertrend line near the highs, suggesting a correction is underway.
Volume Profile (Left Side):
Significant volume has been transacted around the current market range (Point of Control).
This indicates strong interest and fair value, often leading to sideways movement before the next breakout.
Bull Wick Highlight (Mid-July):
Indicates buying pressure from lower levels, acting as historical demand near 0.86400.
🔄 Price Projection & Scenario Planning:
✅ Scenario A: Bullish Rejection from Support
If price retests the support zone (0.86400 – 0.86200) and forms a bullish rejection (e.g., pin bar or engulfing), a bounce is likely.
Target: Resistance zone 0.87600 – 0.87800
Confirmation: Bullish candle + break of 0.86900 resistance.
❌ Scenario B: Bearish Breakout Below Support
A break and close below 0.86200 may trigger a deeper correction.
Next possible downside target: 0.85800
Volume drop and strong red candles would support this.
🔧 Technical Summary:
Indicator Status
Structure Sideways / Range-bound
Supertrend Bearish (Short-term)
Support Zone 0.86200 – 0.86400
Resistance Zone 0.87600 – 0.87800
Bias Neutral-to-Bullish (above support)
🧠 Educational Note:
This chart is a great example of range trading—where traders look to buy near support and sell near resistance, especially when there is no strong trend. Patience and confirmation signals (like wick rejections or volume spikes) are key in such setups.
Educational EUR/USD Chart Breakdown – Price Action at Key LevelsEducational EUR/USD Chart Breakdown – Price Action at Key Levels
This EUR/USD (1-hour) chart provides a great example of how support and resistance zones, combined with price action and indicators like Bollinger Bands, can help anticipate market moves.
🔹 Resistance Zone Tested:
The pair recently approached the 1.17500–1.17800 resistance zone. This level had previously acted as a supply zone, and price once again showed rejection here, indicating selling pressure.
🔹 Bollinger Band Overextension:
Notice how the price extended beyond the upper Bollinger Band—this often signals that the market is overbought in the short term, leading to a potential reversal or correction.
🔹 Bearish Reaction & Target:
After rejection from resistance, the chart outlines a bearish move with a target at 1.16097. This level lies just above the next strong support zone (1.15500–1.16100), offering a realistic area for price to stabilize if the downtrend continues.
🔹 What to Learn:
Support & Resistance: Prices often react at key zones; previous resistance can turn into support and vice versa.
Confluence Tools: Use indicators like Bollinger Bands with price structure to increase confidence.
Target Planning: Identify likely reaction zones for risk management and profit-taking.
📚 Summary
This setup is a clean example of trading within a range and using technical confluence to plan entries and exits. If price breaks below 1.17130 with strong momentum, the probability increases for the market to reach the 1.16097 target.
Is This the Calm Before the Storm on AUD/USD?The AUD/USD pair is currently consolidating within a sideways range, indicating indecision in the market. Price is fluctuating between key horizontal support near 0.6150 and resistance around 0.6450.
A rising trendline is providing strong dynamic support, keeping the pair from breaking lower, while a descending resistance line continues to limit upside momentum. As long as the pair remains within this range, no clear trend is confirmed.
A breakout above resistance could signal a bullish shift, while a breakdown below the trendline may open the door for further downside.
If you find our analysis helpful, don’t forget to like and follow us.
THANK YOU
DYOR, NFA
NZDUSD Daily Outlook: Slight Bullish Bias Amid Today !!NZDUSD Daily Outlook: Slight Bullish Bias Amid Current Market Conditions (31/10/2024)
Introduction
As we delve into today’s trading session, the NZDUSD pair shows signs of a slightly bullish bias due to a combination of fundamental drivers and current market conditions. This article provides a comprehensive analysis of the NZDUSD's outlook on October 31, 2024, shedding light on the key factors impacting the New Zealand Dollar (NZD) and the US Dollar (USD) in today’s trading environment. With the right blend of technical and fundamental insights, we aim to offer valuable insights for traders considering NZDUSD positions.
Key Fundamental Drivers Impacting NZDUSD Today
1. China's Economic Growth and Its Influence on NZD
- The New Zealand Dollar, a commodity-linked currency, closely correlates with China's economic health due to New Zealand's export reliance. Recent reports suggest a moderate recovery in China's industrial and manufacturing data, which bodes well for NZD. Increased demand for New Zealand exports, especially dairy, bolsters the Kiwi's outlook, creating an overall positive sentiment for NZDUSD.
2. Federal Reserve’s Dovish Stance
- A significant driver for NZDUSD is the Federal Reserve’s dovish stance, with expectations for a pause on future rate hikes. This has resulted in a softer USD as investors anticipate fewer rate hikes going forward. A dovish Fed policy tends to weaken the USD, increasing the attractiveness of the NZD and slightly tilting NZDUSD towards bullishness.
3. New Zealand's Stable Economic Indicators
- New Zealand’s recent economic data reveals consistent GDP growth, low unemployment rates, and a robust labor market. This stability has created an optimistic environment for the New Zealand Dollar. Additionally, the Reserve Bank of New Zealand (RBNZ) has maintained a steady rate outlook, supporting the Kiwi by keeping investors interested in NZD assets due to positive yields.
4. US Treasury Yield Fluctuations and Its Impact on USD
- The ongoing fluctuations in US Treasury yields have contributed to the USD's recent mixed performance. A decline in yields typically makes the USD less attractive, as lower yields reduce the appeal for foreign investors. As a result, NZDUSD may benefit from a weaker USD, supporting a bullish bias in today’s trading.
5. Market Sentiment and Risk Appetite
- Recent geopolitical tensions and global market fluctuations have impacted the broader market sentiment. The Kiwi typically gains when there is a higher risk appetite among investors. As volatility stabilizes, we may see increased demand for higher-yielding currencies, which could strengthen NZDUSD’s position, albeit moderately.
Technical Analysis of NZDUSD (31/10/2024)
Looking at today’s technical setup for NZDUSD, the pair trades above its 50-day moving average, a potential bullish indicator. The Relative Strength Index (RSI) currently sits near the 60 mark, indicating a neutral to slightly bullish sentiment. Support levels at 0.5850 and resistance near 0.5920 will be critical zones to monitor.
Key Support: 0.5850
Key Resistance: 0.5920
Conclusion: NZDUSD Outlook for 31/10/2024
With today’s economic data and current sentiment, the NZDUSD pair leans towards a slightly bullish outlook. Strong economic fundamentals from New Zealand, coupled with a softer US Dollar from a dovish Federal Reserve stance, are influencing the pair's potential upward movement. However, traders should stay vigilant to potential changes in Treasury yields and any abrupt shifts in global risk sentiment.
By focusing on today’s fundamental and technical drivers, NZDUSD traders can better gauge the market’s slight bullish bias.
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GBP/USD Trade Setup 1 Hour TimeframeOn the 1 hour timeframe, GBP/USD has formed a descending channel, followed by a strong breakout to the upside and a retest.
This pattern has formed at a daily support level. To enter a buy position, we need to observe bullish candlestick patterns for confirmation.
Learn What is FOREX Market. Trading Volumes & Market Participant
Forex - foreign exchange market, is a location where international currencies are bought and sold by economic participants at various exchange rates.
Forex market is the biggest market in the world, reaching on average 6 trillion dollars trading volumes daily.
Forex market is a vital element for a global economy because it provides capital exchanges between the countries.
The main market participants of forex market are central banks, commercial banks, commercial companies, hedge funds and investors.
🕰In order to grasp how big is that market, take a look what is happening on that just in 60 seconds:
📎Total transactions value reaches 3.52 billion US dollars.
📎 1.15 billion dollars of spot transactions.
📎 1.65 billion dollar of exchange swaps.
📎 Total transactions value involving USD reaches 3 billion US dollars.
📎 Total transactions value involving EURO reaches 1.1 billion US dollars.
📎 Just one single EUR/USD pair accumulates 812 million US dollars transactions value.
It is hard to imagine how such big amounts are rolling with such a frequency and how insignificant are the orders of individual traders.
Will the NZD/USD still be able hold above the 0.60 lvl?The Federal Reserve Chairman Powell reinvoked the power of the interest rate hikes to continue the battle in bringing inflation down. This news push the USD near the 106 lvl and hit the NZD/USD, pulling price below the 0.61 lvl. This was a hit to my position, but I ok with the floating loss currently. In order to reduce my risk, I added a stop at 0.60 because my thought is, if price pushes below the 0.60 lvl and holds by the end of the week, then I don't think I wrong on my R/A on this pair; I am just early. What I am going to do if I do get stopped out, I would wait a few days, see if price is still pushing lower, and then start building my position again. My objective is to have a max position before price pushes above the 0.65 lvl, so getting into a position below the 0.60 lvl, I think is an opportunity. There is also the thought of waiting until the USD NFP and CPI are released and the FED Rate Hike, as this could push the NZD/USD even further down.
I do need to work on my conviction and hope lvl. My hope lvl is around 55% and my conviction lvl is less then 50%. Since that is the case, I am not going to add anymore positions unless I am able to get my conviction lvl to 60%. I am still thinking in the near to longer term, price on the NZD/USD will push higher, but these two - three weeks are going to cause a lot of volatility.
I have another previous published thought on the NZD utilizing the Monthly chart. I wanted to add the NZD/USD update on the daily chart also, in order to see the daily moves in the market and see if my plan pans out.
Again, this is what I am thinking of doing and I am ok with taking the risk. Conduct your own analysis and take on the risk that feels comfortable to you.
Y'all have some good trading out there.
Who Moves the Forex Market | Forex Market Players
Forex is the largest market in the world, with the tremendous daily trading volumes and millions of market participants.
In this educational article, we will discuss who moves that market and who are its 6 the most significant players.
1. Governments
Governments tend to set economic goals and influence the markets with their political decision. They define the course of their nations, issuing policies and imposing regulations.
2. Central banks
Central banks implement the decisions of the governments, applying multiple instruments:
Central banks control the emission of the money, shifting the supply and demand.
They control interest rates and define the credit policies.
Central banks control the international trade and sustain the exchange rates of the national currencies by interventions and handling the foreign currencies and gold reserves.
3. Commercial banks
Commercial banks handle the international transactions.
Over 70% of total Forex Market transactions directly refers to the actives of commercial banks.
Commercial banks are also involved in speculation activities, benefiting from market fluctuations by relying on various strategies.
4. Corporations
Corporation is the business that operates in multiple countries.
With the constant capital flow between its branches and counterparts, corporations are permanently involved in a currency exchange.
Also, corporations usually hedge currency risks, storing their liquidity in particular currencies.
5. Investment funds
By investment funds, we imply the international or domestic professional money management companies. Dealing with hundreds of millions of investments, they quite often are operating on Forex market, buying foreign assets, speculating and hedging.
6. Retail traders
The main goal of retails traders and speculators is to make short terms profits from their transactions on the market.
Typically, the activities of traders constitute a relatively small portion of total trading volumes.
Knowing which forces move the forex market, you can better understand how it works. The spot prices that you see on the charts reflect the sentiment of all the above-mentioned participants.
❤️Please, support my work with like, thank you!❤️
EUR/USD -1/12/2022-• Euro is trading in a bullish trend
• Further signs of trend reversal are showing up everyday
• First, the pair is trading above the 200 SMA for the second consecutive day
• Bulls managed to break and trade above the descending trend line since March 2022
• Price confined inside an ascending triangle, a bullish formation
• A break above the triangle targets 1.08 (March low) as per the projection method
Good days are ahead for the Loonie tradersUSDCAD is really a worldwide political-news related pair!
OIL is not so predictable these days. there are unpredictable conflicts around the world. But the pair is going to move in a clear channel after following undecidable hours!
REMEMBER! This analysis is valid until any BIG news related to oil market.
I think the bearish setup is more probable here but I make myself ready for the bullish one too!






















