


ultreosforex
PremiumEURNZD has reached the upper boundary of a well-defined ascending channel on the 2H chart and printed a rejection wick, suggesting exhaustion and potential for a pullback. The pair is likely to retrace toward the channel midline or base, with downside targets near 1.9423 and 1.9264, assuming confirmation follows. 🧠 Fundamentals: EUR Drivers: ECB remains cautious...
AUDCAD is showing signs of weakness near the 0.8980 supply zone after an extended rally. The pair is now reacting to a historically respected resistance area, with bearish momentum building as exhaustion sets in. 🔍 Technical Outlook: ✅ Price rejected at multi-touch resistance around 0.8980 📐 Clean bearish structure forming after wedge-like exhaustion 📉...
USDJPY is bouncing off a key trendline and 61.8% Fib zone (143.25–143.60) with confluence across multiple JPY crosses (EURJPY, AUDJPY, CADJPY). This area has historically triggered strong upside momentum, and the current setup aligns with both technical structure and macro drivers. 📊 Fundamentals Supporting the Move: ✅ US Yields Stable: US10Y is holding above...
NZDUSD pair has touched a key resistance zone near the top of its rising channel and is showing early signs of rejection. This technical inflection point aligns with weakening New Zealand economic sentiment and renewed strength in the US dollar. The stage is set for a bearish rotation, with several support targets now in focus if momentum continues to build to the...
AUDJPY continues to respect its ascending channel, with the current bounce occurring right at the 61.8% Fibonacci retracement and lower trendline support. The structure supports further upside as long as price holds above the 94.00–93.80 zone, with targets set toward 94.77 and 95.36, potentially extending to 95.63 highs. 🧠 Fundamentals: AUD Strength Drivers: RBA...
USDCHF has broken out of its steep downward channel and is now forming a potential bullish reversal base above the key support zone at 0.7940–0.7870. Price action suggests momentum could be shifting in favor of the bulls, with upside targets sitting at 0.8100 (Fibonacci 38.2%) and 0.8210 (previous resistance and 61.8% retracement). 🔍 Technical Structure: Clean...
GBPJPY pair has staged a decisive breakout from a multi-day consolidation zone, with technical momentum and macro fundamentals aligning in favor of further upside. Price action has respected a bullish continuation structure — a falling wedge followed by horizontal accumulation — and is now pressing toward the psychological 200.00 level. With the Bank of England...
USDCHF is breaking out from a multi-week descending channel. Structure shows a potential trend reversal from the June 12th low. First bullish leg may target the 23.6% Fib level at 0.8266, followed by an extended move toward 0.8355. Key resistance: 0.8266 and 0.8355 (Fib levels) Stop loss: around 0.8093–0.8056 zone (previous support and breakout...
GBPUSD has climbed back into a strong multi-week resistance zone just beneath 1.3670. While the recent rally was sharp, it now confronts both structural resistance and weakening UK fundamentals. The British economy is losing steam—GDP contracted more than expected, manufacturing output is weak, and the latest CBI survey paints a grim industrial outlook. Meanwhile,...
The recent rally on EURAUD has met strong rejection near the 1.7980–1.8000 supply zone, signaling exhaustion of bullish momentum. With price forming a clear lower high and pushing away from the upper range, traders may be eyeing short setups targeting deeper fib retracements. Here's how the fundamentals align with the technical picture: 🔻 Bias: Bearish 🔑 Key...
NZDCHF Price has formed a bearish pennant / triangle after a strong drop from the highs around 0.4960. Rejection seen from the trendline resistance at ~0.4900, suggesting limited bullish momentum. Bearish targets are mapped to: 0.4847 (first support) 0.4819 (deeper bearish target) Two bearish scenarios drawn, both suggesting downside pressure is likely if...
AUDUSD pair broke below an ascending wedge, a bearish reversal pattern. Clean rejection from 0.6518, with lower highs and new lower lows confirming bearish momentum. Price is now sitting below former trendline support, retested and respected as resistance. Bearish target points toward 0.6400–0.6380 zone, aligning with recent swing lows. Risk invalidation sits...
EURCHF is breaking out from a symmetrical triangle, indicating potential bullish momentum. Key resistances to watch: 0.9445 – local swing high 0.9498 – potential measured target from the triangle breakout Entry on retest of the triangle may offer a favorable risk-reward opportunity. However, upside could be capped if CHF regains strength. Structure Bias:...
USDCAD Price broke out from a long descending channel, followed by two bullish continuation flags – classic breakout-retest pattern. Price is now pushing above 1.3720, aligning with the 38.2% Fib level of the prior drop. Next upside targets: 🔹 1.3833 (Fib 61.8%) 🔹 1.3913 (Fib 78.6%) Clear stop level: below 1.3625 (channel breakout support) Structure Bias:...
NZDJPY shows a bullish breakout from a descending trendline, with bullish structure holding near 87.20–87.25. Key resistance targets: 87.97 (Previous high) 88.64 (Next resistance / projected fib target) Two upside scenarios are shown: Conservative target: ~87.97 Aggressive swing: ~88.64 If 87.00–87.20 zone holds as support, expect bullish continuation. 🧩...
Gold is consolidating above the 50% retracement (3372) after defending key structure at 3368–3378. Bullish momentum is building as Silver continues to lead, and the US Dollar (DXY) weakens post-FOMC. If buyers step in here, we could see a clean breakout toward 3415–3450 and beyond. But if 3368 breaks, the bull case is temporarily invalidated. 🧭 Technical...
Gold has pulled back to retest a strong former resistance (now support) zone around $3,385–$3,390. This level aligns with a previous breakout and marks the neckline of an inverted head-and-shoulders pattern. The pair is now showing bullish structure with back-to-back continuation patterns (bull flags), suggesting further upside potential. Given escalating...
Gold has respected its demand zone near $3,367–$3,382 and is attempting to bounce higher. Importantly, Silver (XAGUSD in pink overlay) is leading the upside move, having broken out cleanly above $37.00 and still climbing. This confirms the bullish momentum across precious metals. Geopolitical tensions, dovish Fed commentary, and risk-off market conditions...