USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵
I see a very bearish price action on USDJPY:
The price formed a head & shoulders pattern after a test of
a key daily/intraday resistance and violated its neckline
and a rising support of a rising wedge pattern.
The next strong support is 141.75
It will most likely be the next goal for the sellers.
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Bestforexsignals
AUDJPY: Bearish Move From Resistance Confirmed 🇦🇺🇯🇵
There is a high chance that AUDJPY will continue retracing
from the underlined intraday/daily resistance.
As a confirmation, I see a breakout of a neckline of a double top pattern
and a violation of a support line of a rising channel.
With a high probability, the price will retrace at least to 89.9 level.
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GBPAUD: Pullback From Support 🇬🇧🇦🇺
GBPAUD nicely reacted to the underlined intraday support.
The price formed a double bottom pattern on that
and violated its horizontal neckline.
With a high probability, the price will rise more
and reach 2.0907 resistance.
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NZDCHF May Drop, Here is WHY 🇳🇿🇨🇭
NZDCHF is trading in a strong bearish trend on a daily.
After a yesterday's pullback caused by FOMC,
the price reached a key horizontal resistance.
After a consolidation on that, the pair leaves clear bearish clues.
I see a formation of a bearish imbalance candle and a remaining
bearish pressure after US CPI.
Chances are high that the pair will drop at least to 0.4712
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NZDJPY: Best Gap to Trade Today?! 🇳🇿🇯🇵
Among various gap openings that we see today,
the one that I spotted on NZDJPY looks like one of the best to trade.
I see multiple bullish imbalances on an hourly time frame
after a formation of the gap down opening.
Probabilities are high that it will be filled soon.
Goal - 82.15
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CHFJPY: Move Down Ahead! 🇨🇭🇯🇵
CHFJPY broke and closed below a key daily horizontal support.
We see a strong bearish reaction to that after its retest.
I think that the pair will drop and reach at least 168.75 support soon.
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NZDCHF: Bear Trap & Pullback From Support 🇳🇿🇨🇭
It looks like we have a bearish trap on NZDCHF after
a test of a key daily support.
The price went way below that but recovered steadily,
forming a double bottom pattern.
A formation of a bullish imbalance candle on an hourly
indicate a very likely bullish movement.
Goal - 0.5035
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CADJPY: Intraday Bearish Reversal?! 🇨🇦🇯🇵
There is a high chance that CADJPY will retraced from the
underlined blue resistance.
I see strong bearish confirmation on an hourly time frame:
a formation of a bearish imbalance and a change of character.
I expect a bearish move to 105.05
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AUDCAD: Bearish Move From Resistance 🇦🇺🇨🇦
There is a high chance that AUDCAD will retrace from the intraday resistance.
A bearish movement after an extended consolidation on an hourly time frame
provides a reliable bearish signal.
I expect a down movement at least to 0.901
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CADCHF: Very Bearish Candlestick 🇨🇦🇨🇭
CADCHF formed the insidebar pattern after a test of a strong resistance cluster.
Bearish breakout of its range is a strong intraday bearish signal.
I expect a retracement from the underlined area at least to 0.514 level.
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NZDJPY: Time For Pullback 🇳🇿🇯🇵
I see a nice opportunity to buy NZDJPY after a test of a key daily support.
As a confirmation, I spotted the insidebar pattern with a breakout
of the upper boundary of its range.
I expect a bullish movement at least to 85.75
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AUD/CAD Breakout in Motion – Bulls Targeting Higher LevelsTechnical Overview:
The AUD/CAD pair has formed a clear ascending triangle pattern, signaling bullish momentum.
A successful breakout above the resistance zone indicates potential upward movement toward key levels.
Price is currently testing a resistance level near 0.9093, and a clean break above could trigger a strong rally.
Key Levels to Watch:
Entry Zone: Above 0.9093 (breakout confirmation)
First Target (TP1): 0.9163
Second Target (TP2): 0.9299
Stop Loss (SL): Below 0.9008 (previous structure support)
Supporting Factors for Bullish Bias:
✅ Trendline Support: The ascending trendline is holding strong, reinforcing bullish structure.
✅ Higher Lows Formation: Indicates buyers are stepping in aggressively.
✅ Breakout Confirmation: If price sustains above 0.9093, momentum will likely continue.
GBPCAD: One More Wave Ahead?! 🇬🇧🇨🇦
GBPCAD is positioned to continue rising to new highs.
A bullish breakout of a neckline of the ascending triangle
pattern on a 4H time frame provides a strong trend-following bullish signal.
With a high probability, the price will reach 1.868 level soon.
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NZDCAD: Bearish Triangle 🇳🇿🇨🇦
I see a descending triangle pattern on NZDCAD after a test of key resistance.
Its neckline breakout is a strong intraday bearish signal.
Goal - 0.8103
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GBPCHF: Strong Bearish Pattern🇬🇧🇨🇭
There is a high probability that GBPCHF will drop soon.
A formation of a head & shoulders pattern after a test of a key resistance
and a consequent breakout of its neckline provide a strong bearish signal.
Goal - 1.131
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GBPJPY: Very Bearish Chart Pattern 🇬🇧🇯🇵
I see a perfect example of a completed head & shoulders pattern
on GBPJPY on a 4H time frame.
A breakout of its neckline is a strong bearish signal.
I think that the price will continue falling soon.
Goals: 191.38 / 190.7
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EURCAD: Trend-Following Short?! 🇪🇺🇨🇦
EURCAD may drop from a solid falling trend line on a daily.
After its test, the price formed a descending triangle pattern
on an hourly time frame.
A violation of its neckline is a strong intraday bearish confirmation.
Goal - 1.476
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