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 242423
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
You should still prioritize buying EURUSDHello dear friends! That's the end of another trading week! Let's recap the markets from last week and discuss our new plan for next week, shall we? On the previous 1D timeframe we saw the trend change and the market quickly tested the 1.0900 high. But! Unfortunately in the uptrend it is in a consolidation correction above the downtrend resistance level. Confirmation of the trend change would be consolidation above the 1.0750 price level. By observing the chart, we can clearly see EUR/USD reached the 0.618 Fibonacci retracement level and found support there, with the 34 and 89 EMA converging at this support level. Therefore, in the near future, I still prioritize buying according to the trend. It is expected that this increase will reach 1.1079Longby IAm_Ryder7711
EURUSD continues its uptrendDear traders! We saw confirmation with the bullish sinking candle, getting support at 1.0830 with confluence from the 34.89 EMA. Therefore, the EU outlook remains very bullish and it is likely that based on our analysis, it continues its upward momentum towards the 1.0880 resistance and shakes open a bullish buy scenario towards the resistance level of the range is 1.0940. Longby ConanForexUpdated 7713
NZDJPY POSSIBLE SHORT TRADEThe pair has been trading in a bullish trend for some time. It recently got rejected from a strong resistance zone and now looking to retest the same zone. If the price will be clearly rejected from that zone, I'll be looking for short trades. Please do your own analysis before placing any trades. Cheers and happy trading.Shortby FX_Wize887
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 Lingrid121221
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 101020
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
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
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 181842
GBPAUD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPAUD has been overall bearish , trading within the falling channel in red. At present, GBPAUD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline. 📚 As per my trading style: As #GBPAUD approaches the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst447
USDCHF WILL EXPLODE BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB555
EURUSD: Very Risky LONG ScenarioEURUSD: Very Risky LONG Scenario Today we have the US GDP data and this is also the focus of the market for today. Another speculation that is happening is related to the EUR CPI preliminary data tomorrow and the US PCE data. Both very important figures as the market will interpret what the central banks may decide to do next. Technical analysis: EURUSD is showing some kind of expansionary pattern in one of its boundaries. The support zone is clear and proved to be strong in the past. It is likely to push the EURUSD back up. The problem is only the speculation at this moment. 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 5534
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.12210
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 2246
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD. for confirmation, we need to see the price breaks below the correction line(red line). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets117
GBPUSD -SHORTI'm expecting shorts in the GBPUSD pair, after the consolidation the market has retraced back to it and I'm expecting to go short when it reaches my Supply that caused the expansion initially and I have a trendline liquidity that's my confluence to say the least, and the market is bearish on the higher contrary.Shortby Sandile_M116
NZDCADNZDCAD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit to the last broken level, after last LL, which is a good Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?by JustTradeSignals114
EURUSD Bullish Boomerang Trend Continuation EntryEURUSD Bullish Boomerang Trend Continuation Entry looking for trend to continueLongby Mazharghouri114
USDCHF - Divergence - Heikin Ashi - Long1. Market Analysis: Asset: USDCHF Timeframe: 1-hour Pattern: Bullish divergence identified Candle Type: Heikin Ashi 2. Entry Criteria: Divergence Confirmation: Identify bullish divergence on the 1-hour timeframe using indicators like RSI or MACD. Bullish divergence occurs when the price forms lower lows, but the indicator forms higher lows. Heikin Ashi Confirmation: Look for the formation of the first green Heikin Ashi candle after the bullish divergence is identified, indicating a potential reversal and trend change to the upside. 3. Trade Setup: Entry Point: Place a buy order at the close of the first green Heikin Ashi candle that confirms the bullish reversal. Stop-Loss: Set the stop-loss order below the low of the most recent swing low or below the low of the green Heikin Ashi candle that confirms the reversal. This helps limit potential losses if the price reverses. Take-Profit: Determine your take-profit target based on a risk-reward ratio of either 1:1 or 1:2.Longby MAAwan113
AUDUSD There's still space for growthGo higher. The rationale behind : 1. Sentiment on open positions of retail traders 2. Data from the latest COT report on positions of major players 3. Cumulative metrics of technical indicatorsLongby ClashChartsTeam113
USD/CHF Rate Falls Over 1% After SNB Chief's StatementsUSD/CHF Rate Falls Over 1% After SNB Chief's Statements As evidenced by the USD/CHF chart, yesterday one US dollar was worth 0.913 Swiss francs, but today it is already 0.903, indicating a rate drop of approximately 1%. According to MT Newswires, the franc's strengthening is attributed to statements by Swiss National Bank (SNB) President Thomas Jordan. In his view, an overly weak franc is the most likely source of higher inflation in Switzerland. Notably, since the beginning of 2024, the Swiss franc has weakened against the US dollar by more than 7%, one of the worst performances among G10 currencies. The exchange rate has formed an ascending trend channel (indicated in blue). Today's USD/CHF chart shows two important resistance lines: → The 0.913 level – the price could not consolidate above this level despite several attempts; → The median line of the channel. On May 22, a downward reversal occurred from this resistance block (indicated by an arrow), and today the USD/CHF price is near the lower boundary of the channel. Bullish arguments: → Near the lower boundary of the channel, demand may increase; → The psychological level of 0.9 CHF per 1 USD may provide support – this has occurred several times during the spring. It is likely that the SNB does not want the upward trend to continue, and if so, in the near future, we might see a consolidation in the USD/CHF market within the range of 0.900 – 0.913, until significant fundamental news emerges to disrupt the balance that has been forming since April. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen224
GBPUSD: First green dayHi 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 ✅ No cycle confirmed 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: primary, possibility to see this scenario of dump and pump to be completed by the end of the day, short traders are still in profit since Tuesday. I will be looking for a buy setup after the news release. Short: secondary, yesterday, after the LOW breakout, the market proceeded pumping back up, I do not exclude a retest into the LOW if a sell high opportunity will be identified, however, it will be my secondary option. 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 Longby GianniPichicheroUpdated 222