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EURAUD at Resistance - Will Sellers Step In?OANDA:EURAUD is testing a strong resistance zone, an area where sellers have stepped in before. If price struggles to break through and we see bearish confirmation—such as rejection wicks, bearish engulfing candles, or decreasing buying volume—I anticipate a move toward 1.6600. A clean rejection from this level could trigger selling momentum, leading to further downside. However, if buyers manage to break above 1.6800 with strong conviction, it could shift the bias bullish and invalidate the short setup. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
Short
by TrendDiva
1
GBPUSD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Short
by thegoldenbear
NZDUSD Technical Analysis! BUY! My dear followers, I analysed this chart on NZDUSD and concluded the following: The market is trading on 0.5566 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.5613 Safe Stop Loss - 0.5539 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Market Analysis: Bullish Harmonic Bat Pattern on GBP/USDOverview of the Setup : This chart highlights a **Bullish Harmonic Bat Pattern** on the GBP/USD pair, with the potential for a reversal to the upside after completing the pattern near the critical support zone. --- ** Key Observations: 1. Harmonic Pattern : - The **Bullish Bat Pattern** completes at point X (around 1.22628), which aligns with the 0.886 Fibonacci retracement level of the XA leg. This level represents a strong confluence of support and potential reversal. - The reaction at this zone suggests that buyers may be stepping in. 2. Price Action : - The recent downtrend has reached exhaustion at point X, with the price consolidating and showing signs of a potential reversal. - The price has formed a **lower wick**, indicating rejection of lower levels and possible bullish momentum building. 3. Fibonacci and Take-Profit Targets : - **Take-Profit Levels (TP):** - **T1:** 1.23541 (50% retracement of the XA leg). - **T2:** 1.24187 (0.618 retracement of the XA leg). - The harmonic structure suggests these levels as the most probable targets for a bullish reversal. 4. Indicators : - **Stochastic Oscillator:** In the oversold territory, signaling the likelihood of upward price movement as selling pressure weakens. - **RSI:** Approaching oversold levels, further supporting the bullish reversal hypothesis. 5. Key Levels : - **Support Zone:** Point X near 1.2260 is the critical level for the pattern’s validity. - **Resistance Zones:** MHQP at 1.2500 is a longer-term resistance, while intermediate resistance levels are 1.2350 and 1.2418. --- Outlook and Strategy : - **Bullish Bias:** The completion of the Bullish Bat Pattern and confluence of support suggest an opportunity for long positions targeting the Fibonacci take-profit levels (T1 and T2). - **Entry Zone:** Enter long positions near 1.2260 if price action shows sustained bullish rejection. - **Stop-Loss:** Place stops below 1.2220 to account for false breakouts. - **Targets:** - **T1:** 1.2350 - **T2:** 1.2418 Risk Factors : - A sustained break below 1.2260 would invalidate the pattern and could lead to continued bearish momentum toward 1.2200. --- This analysis highlights a bullish opportunity driven by the completion of the harmonic pattern, with clearly defined entry, exit, and risk parameters.
Long
by BeaucoupPips
GBPJPY Will Go Higher! Buy! Here is our detailed technical review for GBPJPY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 190.722. Considering the today's price action, probabilities will be high to see a movement to 191.990. 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!
Long
by SignalProvider
1
WEEKLY RECAP - Week 1, 2025The most important thing to reflect on each week is NOT your profit and loss balance. Instead, reflect on these three questions: - Did I follow my core habits for success? - Am I ready to let my attachments from last week go? - Am I focusing on this current moment, or a destination I'm trying to reach? I won't put a whole lot of words here. It's all in the video, but here are the three setups from last week, and here is my notion journal so you can follow along. USDJPY EURUSD EURUSD Notion Journal Enjoy the ride, -Gio
by elevatedinvestor
CADJPY next move (expecting bearish move)(22-01-2025)(mid term)Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (22-01-2025) (mid term) Current price- 109.000 "if Price stays below 111.000, then next target is 105.000 and 103.000 and above that 115.000 ". -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
by AnupZiddi
4
USDJPY (Bearish Flag at Resistance, Watch for Breakout)HELLO TRADERS The chart shows the U.S. Dollar/Japanese Yen pair in an ascending channel, with a strong fall followed by a bullish rally. Currently, the price is near the resistance line at 156.770, where it faces potential downward pressure, indicated by a bearish flag. A break below this could push the price to the support zone near 152.656, with a further downside target at 151.451. However, if the bullish trend resumes, a breakout above 156.770 could drive prices towards 158.615. Market sentiment, including the Fed’s and Japan's economic policies, will influence these movements.
Short
by ArinaKarayi
EURUSD braces for U.S. tariff threat EURUSD braces for U.S. tariff threat Tariff developments continue to drive market volatility, with new headlines emerging daily. On Sunday, U.S. President Donald Trump warned that tariffs on the European Union were inevitable. In response, EU leaders indicated they are prepared to retaliate if the U.S. imposes new tariffs on European goods. This follows Trump’s previous executive orders implementing a 25% tariff on imports from Mexico and Canada and a 10% tariff on Chinese imports. Although yesterday, Trump announced an “immediate pause” on tariffs against Mexico after Mexican President Claudia Sheinbaum agreed to deploy 10,000 soldiers to the border to curb drug trafficking and illegal immigration. The EUR/USD opened the week lower, plunging to multi-week lows around 1.0200 before finding support. Markets reacted positively to the temporary U.S.-Mexico agreement, helping the pair recover. On the upside, resistance is seen at the 25-day Exponential Moving Average (EMA), ahead of the 50-day and 100-day EMA convergence.
by BlackBull_Markets
EURUSD ANALYSISanalyzing EUR/USD based on a Head and Shoulders pattern and a parallel channel can provide useful insights. Here’s a breakdown: Technical Analysis of EUR/USD Current Price: 1.02620 Target: 1.06000 Trend: Uptrend Head and Shoulders Pattern If an inverse Head and Shoulders pattern is forming, this is a bullish signal, indicating a potential reversal to the upside. The neckline breakout should be confirmed with strong volume for a valid signal. Parallel Channel Analysis If EUR/USD is moving within an ascending parallel channel, then buying near the lower boundary and aiming for the upper boundary aligns with trend-following strategies. A breakout above the channel's resistance can lead to a sharper rally toward 1.06000. Key Levels to Watch Support: 1.02000 – 1.02500 (if price pulls back, look for buying opportunities) Resistance: 1.05000 – 1.06000 (profit-taking zones) Final Thoughts If the inverse Head and Shoulders is confirmed and price remains inside the ascending channel, a buy trade could be valid. However, ensure stop-loss placement below 1.02000 in case of a reversal. Would you like a chart analysis for better visualization
Long
by Gold_trader65
1
EUR/JPY - Preparation for the Interest Rate Hike on Friday - BOJHi guys , we would be looking in a shorter term trade on the GBP/JPY looking to chase at least 100 pips in a down turn , we have a positive expectation that the Bank of Japan would hike the interest rate on Friday from 0.25 to 0.50. I do agree that 25 basis points isnt a lot , but in a status that it took BOJ two years of sitting on negative interest rate to finally start balancing their sheets and looking to increase it, would give a positive approach into a better stability for the Japanese economy and more specifically the Japanese Yen! Entry: 161.300 Target: 160.300 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Short
by DG55Capital
USDCHF a technical perspectiveHi traders what do you think about USDCHF given suggestion in comments. USDCHF pair from a technical perspective. Based on your description, we're expecting a bullish move from the support zone at 0.91132, with the next resistance zone at 0.92150. If the price continues its upward movement, it could test the resistance area around 0.92150. A few things to watch for: Confirmation of support at 0.91132: after price will rise from this zone, then Resistance at 0.92150 Lets see how price will react belongs to our analysis. if you like this analysis please support my work and fallow thanks for love.
Long
by FxJennefir
1
EURUSD Wave Analysis – 3 February 2025 - EURUSD reversed from pivotal support level 1.0225 - Likely to rise to resistance level 1.0400 EURUSD currency pair recently reversed up from the major pivotal support level 1.0225, which has been steadily reversing the pair from the end of last year, as can be seen from the daily EURUSD chart below. The support zone near the support level 1.0225 was further strengthened by the lower daily Bollinger Band. Given the strength of the support level 1.0225 and the bearish US dollar sentiment seen today, the EURUSD currency pair can be expected to rise to the next resistance level 1.0400.
Long
by FxProGlobal