GBP AUD - Short IdeaOn 1H forming a bearish divergence and kinda look like a double top. Will trigger my sell stop on break of the neckline. Entry, SL and TP's all mentioned in the chart. Good LuckShortby BullBearBTC1Updated 18186
EURUSD downtrend continuesDear traders! EURUSD continues to remain within a medium to long-term downtrend channel despite some mild recovery yesterday, but overall still unable to overcome 1.0850 resistance amid shifting sentiment from That pulled the EU down sharply to near the 1.0800 support level as of now. Accordingly, Resistance at 1.0850 continues to hold prices amid correction and sell-off. I expect that after a recovery and testing the liquidity of the market, the price will decrease. This decrease is expected to reach 1.0790 and 1.0755 at least.Shortby ConanForexUpdated 171729
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 111112
signal alert to BUY EUR/CAD now at the current rate of 1.48209. signal alert to BUY EUR/CAD now at the current rate of 1.48209. This market analysis suggests a favorable opportunity to enter a long position on the EUR/CAD currency pair. The recommendation comes with a suggested TAKE PROFIT level at 1.48500, indicating a potential target for profit-taking. Additionally, a secondary TAKE PROFIT level is advised at 1.48600, offering an alternative exit point for maximizing gains. This analysis aims to provide timely and actionable insights for traders looking to capitalize on the fluctuations in the EUR/CAD exchangeLongby FOREX_trade_01Updated 66138
GBPUSD continues its selling strategyDear traders! Conan sees GBP/USD gradually forming an inverted cup and handle pattern. Theoretically, the pair should quickly break the 1.2680 support level and fall further, as the fundamental and technical outlook is negative. Meanwhile, the confluence of the two EMAs around 1.2730 suggests continued weakness in the short term. If the decline continues, the next target is expected to be 1.2644.Shortby ConanForexUpdated 111115
Consider buying GBPUSD at the current price of 1.27227Consider buying GBPUSD at the current price of 1.27227. Set your take profit levels at 1.27800, 1.27950, and 1.28030 to capitalize on potential gains. In case the trade moves against you, be prepared to close it at the stop loss level of 1.27022.Longby FOREX_trade_01Updated 33138
Hellena | EUR/USD (4H): Long to resistance area 1.08877.Dear Colleagues, I have redrawn the waves and I believe that the upward movement will still take place, but later than I expected earlier. I believe that the price is completing the corrective wave “2”. I assume that the price may push from the area of 50% Fibonacci Level 1.07481. Then I expect an upward movement to the nearest high of 1.08877, which is an area of strong resistance. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 101018
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 FirstNameHelen447
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 24248
We have a signal alert for a selling opportunity on the CAD/JPY We have a signal alert for a selling opportunity on the CAD/JPY pair. This signal suggests entering a sell position on the Canadian Dollar against the Japanese Yen at 114.297. The take profit targets are set at 114.113, 113.950, and 113.665 respectively. It's recommended to place a stop loss at 114.658 to manage potentiaShortby FOREX_trade_01Updated 22130
We're recommending selling the USD/CHF currency We're recommending selling the USD/CHF currency pair at its current price of 0.90710. We suggest setting take-profit levels at 0.90500, 0.90400, and 0.90300 to secure profits if the price reaches these points. However, if the market moves against us, it's prudent to close the position at 0.90100 to minimize potential losses. Additionally, we've set a stop-loss order at 0.90100 to automatically exit the trade if the price reaches that level. It's important to monitor the market closely and adjust your strategy accordingly.Shortby FOREX_trade_01Updated 33130
buying EUR/USD at the current market price of 1.08192.buying EUR/USD at the current market price of 1.08192. This means you're betting that the euro will strengthen against the US dollar. I recommend setting three take-profit targets at 1.08400, 1.08500, and 1.08600. These are price levels where you could consider closing your position to secure profits if the market moves in your favor. However, it's essential to have a plan for managing losses too. If the market moves against you, it's wise to have a stop-loss order in place to limit potential losses. In this case, I recommend setting a stop-loss order at 1.07908, which means if the price falls to this level, your position will be automatically closed to prevent further losses. Remember, trading involves risks, so it's crucial to carefully consider your risk tolerance and use proper risk management techniques. Additionally, always conduct your own analysis or consult a financial advisor before making any trading decisions.Longby FOREX_trade_01148
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 Lingrid101016
A head and shoulder setup after the 127% extension test.Intraday Update: The NZDJPY is developing a head and shoulder pattern with the neckline at 95.40. It's a setup until the neckline breaks. Then bearish. Shortby ForexAnalytixPipczar553
EUR/GBP is currently at 0.85097, presenting an entry opportunityEUR/GBP is currently at 0.85097, presenting an entry opportunity now. Consider taking profit at 0.85200, 0.85250, and 0.85300 respectively. In case the trade moves against expectations, it's advisable to close it at a stop loss of 0.85015." This provides a clear overview of the suggested actions and risk management strategy for trading EUR/GBP.Longby FOREX_trade_0122127
AUDUSDAUDUSD is making LH and LL. After Retracement up to around 61.8 level, a hidden divergence appeared which suggest continuation of bearish trendShortby ALIHAMID228
NZDCAD: Last Idea Running 300+ Pips, Next Big Opportunity OTW! Dear Traders, Our last idea hit 340+ pips successfully, and we expect price to continue rising up, after touching our imbalance zone. That area remain a strong possible buying area for buyers. Once rejected at the area we can see strong rebound from our buying zone. 400-500 pips move is expected. Good Luck and Trade Safe **If you like our idea then please do like, comment and follow for more**Longby Setupsfx_7714
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 446
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 RLinda776
EURNZD: Classic Day TradeEURNZD shows signs of a bullish trend after testing a significant intraday support level. There is a clear breach of a resistance line in a descending channel and a breakout of a neckline in a cup and handle pattern. This suggests that we can anticipate an upward movement in the near future, with target levels at 1.7759-1.7820.Longby linofx1221
GBPUSD OPPERTUNITIES TRADING OUTLOOKHello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing prospect emerges—a potential pullback to revisit the sacred ground it once conquered. 🔄 Amidst the charts and candlesticks, a golden opportunity gleams like a hidden treasure—a chance to wield the scepter of the seller and navigate the waves of correction with finesse. 💼💰 Let us embark on this voyage with confidence and strategy! 🚀Longby MrCharlie1Updated 2241
Sell EURUSD H4 Channel Breakout & Order BlockThe EUR/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0820, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0620 Stop-Loss: To manage risk, place a stop-loss order above 1.0900. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Opportunity Breakdown : 1. Bullish Channel Breakout & Retest 2. Price Reversal @ Fibo - 0.786 Market Factors: Dovish ECB vs Hawkish Fed: The European Central Bank (ECB) is generally expected to maintain a dovish stance on interest rates, while the Federal Reserve might continue raising rates to combat inflation. This interest rate differential could weaken the EUR relative to the USD. Weak Eurozone Data: Recent economic data releases from the Eurozone might have painted a weaker picture of the region's economic health, potentially undermining confidence in the Euro. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 4410
Sell EURUSD Channel BreakoutThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0819 2nd Support – 1.0805 Stop-Loss: To manage risk, place a stop-loss order above 1.0885 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you. Editors' picksShortby KABHI_FOREX_TRADINGUpdated 1313131