Get started

Forex market

AUD/USD: A Temporary Rally Before Further Decline!Weak business activity data from China has put additional pressure on the Australian dollar. Last week's rise above 0.6300 was temporary, driven more by U.S. dollar weakness than by positive domestic factors. In our previous analysis, we noted a short-term rally after breaking the trendline, but this move has proven to be temporary, as weakness in the Australian dollar persists. On the daily timeframe, a deeper decline is likely if the 0.63 support level breaks, increasing the chances of a drop toward 0.60.
Short
by UtoForex
2
USDCHF - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 0.89147 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 0.89147 is broken. Technical analysis: A trough is formed in daily chart at 0.89645 on 01/27/2025, so more gains to resistance(s) 0.91497, 0.92218, 0.94400 and more heights is expected. Take Profits: 0.85510 0.86286 0.87474 0.88195 0.89147 0.90367 0.91497 0.92218 0.94400 0.96000 0.99200 1.01453 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
11
EURUSD Swing AnalysisHello Traders, EURUSD 1. Swing structure is Bearish. 2. EU is currently in a retracement phase to form LH. After a bearish BOS, I can identify premium levels, to look for short positions targeting the newly created swing low. If we were to focus on the current market structure "Internal structure", I can identify that price is in a bullish trend, consistently forming HH-HL and by using the recent internal BOS, I am expecting price to pull back into a valid POI
Short
by Ocean98
1
EU WEEKLY FORECAST 3RD FEBOver all our bias is still bearish on the weekly and monthly as we havent had a MSS. On the daily we are bullish as we have had a MSS however the HTF can over ride this at any point. on the LTF 4HR we can see a MMSM forming, and we are currently in the Sell Side of the curve. I am expecting price to eventually fulfil this MMSM. We have some strong resistance highs above on the 1HR, so am expecting price to drive deeper into the discount side of the current daily dealing range. I will be looking for short opportunities.
Short
by satbir.g93