EUR-USD Local Long! Buy! Hello,Traders! EUR-USD went down Sharply but the pair Will soon retest the Horizontal support level Of 1.0794 from where We will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
CAD/CHF: Bullish Reversal Expected at Key Support levelThe CAD/CHF currency pair is currently forming a Bullish Crab Harmonic Pattern (XABCD). Point D, identified as the Potential Reversal Zone (PRZ), aligns with multiple technical confluences, suggesting a high probability for a bullish trend reversal. ______________________Key Technical Confluences____________________ Potential Reversal Zone (PRZ): Point D, our PRZ, is critical for anticipating a trend reversal. It coincides with: Key Support Area: This area has historically acted as a strong support level, providing a firm foundation for a potential bullish reversal. Daily Trend Line: The PRZ intersects with a long-term daily trend line, reinforcing the likelihood of a reversal. 61.8% Fibonacci Level: The PRZ also aligns with the 61.8% Fibonacci retracement level, a significant indicator of potential price reversal in harmonic patterns. Entry Strategy: To capitalize on the anticipated bullish trend reversal, we recommend taking a position at the breakout of the resistance level near 0.65370. This level is crucial as a successful breakout here confirms the reversal pattern. Stop Loss: Place the stop loss slightly above the support level at 0.65590 for risk management. This placement ensures protection against false breakouts and market volatility. Take Profit Targets: We have outlined three profit levels to maximize returns while managing risk effectively: TP-1: 0.65150 TP-2: 0.64930 TP-3: 0.64710 Each take-profit level offers a strategic point to secure profits as the market progresses in our anticipated direction. Conclusion: The convergence of technical factors at Point D strongly indicates a potential bullish reversal for CAD/CHF. By aligning our entry, stop loss, and take profit levels with these confluences, we enhance our trading strategy's robustness and probability of success. Trade with caution and ensure adherence to your risk management protocols.Longby trading_jupiter115
#EURJPY:1000+ Pips Swing Selling Chance! Comment down your viewsDear Traders, JPY has been bullish since this week, and will likely to remain bullish as we approach NFP. If DXY turns out to be bearish it will likely boost JPY to continue the bullish momentum. In short time, we expect price to drop further and make smaller correction towards our entry zone. Once it does that, we can then enter with accurate risk management. **If you like our work, then please do like, comment and follow us which will encourage us to bring you more educational ideas.**Shortby Setupsfx_Updated 4434
DeGRAM | EURGBP rebound from supportEURGBP is moving in a descending channel between the trend lines. The price has reached the support level, which was the reversal point last time. We think that after the support is retested, the price will continue to grow within the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM116
Usdjpy Clean buy setup look for entries.🔥🔥100% Confirmed buy opportunity.Longby CurrencyMomentumFX117
AUDUSD is approaching the trendHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66400 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66400 support and resistance area. Trade safe, Joe.Longby JoeChampion1112
EURUSD: Increase on the trendHello everyone! What do you think the next trend for EUR/USD will be? Currently, EUR/USD is trading close to 1.0900, having risen slightly early Friday. The pair is benefiting from a risk-on market environment, fueled by Thursday's rate cut decision by the ECB. This has increased expectations for a Fed rate cut in September, providing a positive boost for EUR/USD's recovery. From a technical analysis perspective, the pair maintains its upward trend, well-supported by a strong trendline. Although there hasn’t been a clear breakout yet, the outlook remains bullish, supported by the EMAs in the short to medium term.by Alexander_BennettUpdated 121280
Daily USD/JPY UpdatesHello Traders! As we can see yesterday was a down day and I like to buy after those days. Overall NFP has pushed price towards the HTF trend. Let's see if it keeps up. Long07:20by ForensicForex3
EUR/USDtechnical analysis :EUR/USD Entry prices: 1.08057 1.08092 1.08159 Profit limit: 1.08587 1.08956 1.09415 1.09630 1.09980 Limit of Losses: ORIGINAL 1.07882 Final 1.07621 Be sure to check your analytical chart before using this signal and analysis. Attention!!! In these analyses, only technical analysis is considered So before entering, be sure to check fundamental news. Attention !!! There is no 100% in financial markets So don't enter this signal hoping for a definite profit.Longby ZADERAMEZAN-FX1
GBP CAD PRICE - A STRONG DOWNFALL TO THE SUPPORT ZONE HERE we can see that price created a up trend line ,after we got an break out price moving to the downward direction, we have an FVG gap point at support zone, price going to fill that liquidity, in next move, make a short entry to marked price line, follow for more live updates...Shortby FOREX_TRADER_00717174
GBPCAD: Trend in daily time framePlease pay special attention to the very accurate trend, colored levels, and accurate channel. Be careful BEST MTby MT_TUpdated 7
EURUSD 8Jun24A brief review of Price Action, Market Direction and What to look for in the coming weeks and the rest of June for EurUsdShort12:16by Lafx_Index112
Long EurAud 1hr T.FHey traders, i'm looking for longs on this pair but before then i'm looking for retracements btwn the 1.63400 and 1.63600 level, which will be our area for entry in the H1 T.F...You can place your stop loss below 1.63400. T.P area is 1.64800. Weekly T.F confirms change in market direction to bullish thus my bias.It's best to wait for the retracement(if any) to happen. if not let it just run without placing any position because there'll me much risk exposure. Good luckLongby pacifiedOwl941971
GBPUSDApproaching the sell area we will wait for set-up here but my entry is at 1.2770 for the bear to have a go.... Shortby elitetechfx-dailyUpdated 6
USDCHF 1H Long Trade - 1:6 RRRPair: USDCHF Action: Buy RRR: 1:6 SL: 0.88790 TP: 0.93364 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.Longby panjikadar5
gbp usd my idea for gbp usd according to order block region i expect going up from thes point who agree with me ?by kareemhamed1
GBPNZDPending order that we left on Friday to see if we activate it on Monday with the idea of keeping it Monday and Tuesday at most. We may not catch all of the fall in the graph but at least part of it for sure.Shortby SGsauragestion2
EUR-AUD Strong Brekaout! Buy! Hello,Traders! EUR-AUD broke the key Horizontal level of 1.6392 And the breakout is confirmed So we are bullish biased and We will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals112
EUR/USD Daily Chart Analysis For Week of June 7, 2024Technical Analysis and Outlook: In this week's trading, the Eurodollar has completed our Inner Currency Rally of 1.091 and reverted sharply to our designated target of the Mean Sup 1.080. The currency is expected to continue its downward trajectory to Mean Sup 1.075 with a follow-up Dead-Cat rebound to the reverted resistance level of 1.080 (Previous Mean Sup). The ultimate target of the well-established completed Innet Currency Dip 1.060.by TradeSelecter1
NZDCADThis pair is clearly bullish but it needs a retracements as soon as possible. I´ll look for only to go long. If price can not reach my interested area before ending of the week I´ll remove the order. thanks and blessings. Longby SGsauragestionUpdated 446
USD/CAD Correction before next upward rally(6/8/2024)USD/CAD FX:USDCAD has been trapped into a curve, we can see few back and forth movements since last month. Since the NFP data was quite good, we believe the price will move another wave upward after some corrections. 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.)Longby fortunamarkets1
A perfect buying opportunity in EURUSDEURUSD has hit it's neckline and also given a signal of uptrend which can be good opportunity for swing tradeLongby jgarge842
NZD_USD BULLISH BIAS|LONG| ✅NZD_USD is approaching a demand level of 0.6080 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅ ——————————————————————————Longby ProSignalsFx2