Short trade Reason for Entry: News Driver Reuters GBP/EUR has risen nearly 2.5 cents to a 22-month high since plumbing a 1.1600 low immediately after the BoE's dovish hold on May 9. 11th June 24 5.00am 4Hr TF Sell side Entry 0.84424 Profit level 0.84079 (0.41%) Stop level 0.84710 (0.34) RR 1.21 Shortby davidjulien369Updated 2
EURCADWe can attempt to buy EURCAD from specified level as it break LH , also bullish divergence occur indicate that it move upward. SL , TP mention in chart.Longby SignalEdge0
CHFJPYCHFJPY price is in a strong resistance zone. 175.386-175.893 If the price cannot break through the 175.896 level, it is expected that there is a chance that the price will fall. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana23247
CADCHF - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our last analysis, attached on the chart, CADCHF has rejected the red circle resistance and traded lower. What's next? Currently, CADCHF is hovering around a strong support zone marked in green. 🏹 As long as the support holds, we will be looking for buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst449
GBPUSD Thirsty Thursday Price rallied to the upside after a weak dollar breaking structure to the upside. Will be looking forward to the ppi but in the meantime a bullish scenario is forming. If price formed the high of the day yesterday we might see a bearish scenario later in the sessions.Longby hskarue112
CHFJPYThe CHF/JPY price is displaying a short-term bearish move on the 4-hour timeframe, forming a rising wedge pattern. We plan to enter a sell position after the wedge breakout, targeting the level where resistance turns into support, aligning with the completion of the Elliott Wave 4. Upon observing a bullish rejection at this key level, we will then enter a long-term buy position.by forex_info1
GBPUSDToday, I expect an increase for the dollar index and have a bearish opinion for this currency pairShortby sepidehsky4
AUDCAD May Keep Going Higher 🇦🇺🇨🇦 AUDCAD set a new higher high higher close on a daily, after a release of the yesterday's US fundamentals. The pair successfully violated a resistance line of a wide horizontal range on a daily. We can expect a further bullish continuation now. Next resistance - 0.918 ❤️Please, support my work with like, thank you!❤️ by VasilyTrader334
CADCHF, expect multi-weekly gains. HUGE price shift coming!I'll keep it simple. When monthly data tells you something, don't doubt anymore. SEED on this pair then leave for a few months. Upside prospect pricewise + Positive long swap for interest rates. Double win. :) KEY NOTES: MONTHLY PRICE SHIFT, first one in ages. HISTOGRAM SHIFT. Huge hint. FIRST bubble up volume since June 2022, first one after a year! No brainer. One of the pair to look out for the year. Spotted at 0.6750 TAYOR Safeguard capital always.Longby JSALUpdated 14
AUDUSDToday, I expect an increase for the dollar index and have a bearish opinion for this currency pairShortby sepidehsky331
USDCAD long term As long as we stay above 1.35 I think we going up to 1.5 or 1.55Longby wolffarchitecture1
Will This Currency Pair Continue to Rise or Correct?Hello everyone, let's join Rena today to take a look at some information and trend forecasts for the GBP/USD currency pair! Currently, the GBP/USD pair is trading around 1.2650. The main factors affecting the trend of this currency pair are: Monetary policy of the Bank of England (BoE) and the Fed: The Bank of England (BoE) is keeping interest rates high to control inflation, while the Fed is also likely to keep or raise rates if inflation remains high. This difference could put short-term pressure on the pound. Economic data from the UK and the US: Strong economic data from the US, especially inflation and employment figures, supports the USD. On the other hand, the UK economy is facing some challenges, including slow growth and high inflation. Global political and economic conditions: Global political and economic uncertainty, including trade tensions and geopolitics, could also affect market sentiment and the trend of the GBP/USD pair. Conclusion: The trend today is that if it cannot break above the resistance level of 1.2750, the currency pair may correct and fall back again. Market sentiment will depend heavily on economic information and monetary policy from the BoE and the Fed, as well as the global political situation. What do you think about this prediction? Will GBP/USD continue to rise or will it face a correction? Please share your thoughts and join the discussion! Shortby Rena_Potter4
NZDJPY Is Bullish! Buy! Here is our detailed technical review for NZDJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 96.950. Taking into consideration the structure & trend analysis, I believe that the market will reach 97.390 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
GU pulling back for the Swing Drop?Looking at price action it looks like its setting up for a nice sell for NY session. It is currently London session, the VP is thin, the Delta is negative and price is still pushing up. Looking for it to test a FVG above the Asian range before considering if the sell is ready. Cautiously buying for now as this is a set up leading into a sell. 02:25by DWoodz0
EUR/USD remains cautious below 1.0800Dear traders! EUR/USD is trading sideways below 1.0750 during Wednesday's Asian session. Traders should not place fresh bets on the pair ahead of the headline US CPI data and Fed policy announcements, which could have a major impact on the US Dollar's performance. And if the decline continues from the GAP breakout zone, EURUSD could target the June low of 1.0719 and then could fall further to 1.0650.Shortby IAm_RyderUpdated 121236
EUR/USD Mowing Upwards#market_pulse #currencies ☕️ Hello everyone! Here’s your essential market update for today: Dollar dented by cooler US inflation, yen fragile ahead of BOJ ▫️ Euro (EUR): The euro advanced 0.6% overnight, punching above its 200-day moving average to last buy $1.0804. ▫️ Australian Dollar (AUD): The Aussie dollar was at $0.6647, after rising above $0.67 overnight. ▫️ New Zealand Dollar (NZD): The New Zealand dollar leapt to a five-month high above $0.62 before settling at $0.6170. ▫️ Japanese Yen (JPY): The yen was down by about 0.2%, trading at 157.08 to the dollar, ahead of the Bank of Japan meeting. The yen remains vulnerable as expectations grow for an announcement on bond purchases. ▫️ Pound Sterling (GBP): Sterling rose 0.5% overnight to $1.2798 but was slightly lower as European markets opened. ▫️ Chinese Yuan (CNY): China’s yuan was steady at 7.2660 in offshore trade, gaining slightly on the dollar overnight. 🏂 Market Dynamics: Gains in major currencies were more substantial immediately after the U.S. inflation report showed flat consumer prices in May against market expectations of a 0.1% rise. The Federal Reserve left the funds rate on hold at 5.25-5.5% with projections for fewer rate cuts this year, impacting the dollar. Despite the Fed's stance, markets still price in nearly two 25-basis-point rate cuts this year. 🔍 Key Insights: Fed Chair Jerome Powell emphasized sensitivity to economic data, with projections for rate cuts possibly in 2025 or 2026. The yen struggles against downward momentum due to the significant gap between near-zero Japanese rates and higher U.S. rates. Market expectations for the BOJ's policy meeting include potential adjustments to bond purchases, leaving the yen susceptible to disappointment if changes fall short. 👋 Stay tuned for more updates and happy trading! 💵💵💵 GET $20,000 JUST FOR $99 *** PERFECT20 (promo code)Longby sabiotrade1
EUR/USDEUR/USD price Mitigated Daily Premium / D FVG, reacted from M.O. also from Institutinal Level 1.08500 that is just my prediction for todays PPI NewsShortby andy4444_2
NZDJPY Technical Analysis and Trade Idea into the London OpenIn our video, we analyzed NZDJPY using technical methods. Currently, we’re closely observing price movements as discussed in the video. Our main goal is to identify an optimal buying opportunity within a critical support zone. This decision will depend on how well the price action aligns with our analysis from the video. As always, our video offers valuable insights on trade entry points, trend analysis, market structure, and price behavior. Remember that this content is purely educational and should not be considered financial advice. 📈🚀📊Long02:31by tradingwithanthony112
AUDCHF intraday long ideaAUDCHF is currently in an uptrend and formed a nice descending wedge pattern. For my entry it will be at the fib level/support level or when it breaksout from the pattern whichever comes first. Currently there are no rsi divergences to support a long at this point yet and im expecting price to go lower before the breakout.Longby Chathifriends1
EURUSD: Priority for the downtrend!Hello, friends who love trading EURUSD! Today, we’re observing EURUSD continuing its downward trend, with the price currently hovering around 1.080. -Market Recap: Yesterday's Action: Following the news, EURUSD quickly surged and filled the gap but couldn’t sustain the upward momentum for long. Technical Outlook: Price Pattern: The pair is trading within a narrowing wedge pattern, characterized by lower highs and lower lows. Short-Term Projection: Given these technical signals, EURUSD is likely to experience further declines in the near future. I’m leaning towards selling. What’s your perspective? Do you see more opportunities on the downside, or do you have a different view? Share your thoughts!Shortby Odessa_MarloweUpdated 1010106
USDJPY Will Fall! Sell! Here is our detailed technical review for USDJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 157.343. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 157.222 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 223
THE GOLDEN ZONE GBPUSDCable is performing a pretty strange setup. It looks strongly bullish on higher timeframe, but looks ready to liquidate in both side on lower timeframe. I can see a good golden zone in the 1.271-1.273 range. This is a strong support zone and we have seen lot of liquidity in the previous days. I think price could drop in this zone to induce retails to short, and few hours later give us a long opportunity and run back up.Longby CryptoForexGem1