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#AUDUSD 2HAUDUSD 2-Hour Analysis The AUDUSD pair is currently testing a trendline support level on the 2-hour chart and has recently formed a bullish engulfing pattern near this support. This combination indicates potential buying pressure, as both the trendline support and the bullish engulfing pattern suggest a possible reversal to the upside. Technical Outlook: - Pattern: Trendline Support with Bullish Engulfing - Forecast: Bullish (Buy Opportunity) - Entry Strategy: Buy near the trendline support and bullish engulfing area Traders may consider entering a buy position near the trendline support, with targets set at the next resistance levels. Additional confirmation from indicators such as RSI signaling oversold conditions or MACD showing bullish momentum can further strengthen this buy setup, adding confidence to the bullish forecast.
Long
by PIPSFIGHTER
2
#EURJPY 1DAYEURJPY Daily Analysis The EURJPY pair is trading within a channel on the daily chart and is currently testing a trendline resistance near the channel's upper boundary. This confluence of resistance levels suggests potential selling pressure, as the price struggles to break through these barriers, creating a favorable setup for a sell position. Technical Outlook: - Pattern: Channel with Trendline Resistance - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the trendline and channel resistance area Traders may look to enter a sell position around this resistance area, targeting lower support levels within the channel. Confirmation from indicators like RSI showing overbought conditions or MACD signaling bearish divergence can strengthen this setup, adding confidence to the bearish outlook.
Short
by PIPSFIGHTER
USD/JPY on the Rise: Aiming for 154 and Beyond if 151 HoldsHere’s the lowdown: USD/JPY is hanging out at the 151 support level. If this zone holds, we’re looking at a nice ride up to 152.47—and possibly higher! First take-profit at 154.23, and if we break that, we’re cruising to 155.80 and even 157. Simple Breakdown: Solid Support at 151 Right now, 151 is the key spot to watch. If we hold above this, it’s a good sign USD/JPY has the strength to keep climbing. Target Levels on the Way Up First Stop: 152.47 This is our first target, so keep an eye on the price action here to see if we’ve got the momentum. Take-Profit Zone 1: 154.23 If we reach this level, it’s a great spot to lock in some gains. Think of it as the first surf break! Take-Profit Zone 2: 155.80 If 154 clears, next stop is 155.80. This is where the ride gets exciting. High-End Target: 157 If USD/JPY stays strong and keeps moving, 157 is the ultimate stretch goal on this wave. Trading Tip Stay flexible with your levels. If 151 holds, ride the trend and take profits at each level to keep it smooth. Relax, set your zones, and let the market show you the way! MINDBLOOME TRADING / KRIS Where Trading Meets Wellness : Mindbloome Exchange
Long
by Mindbloome-Trading
#GBPNZD 2HGBPNZD 2-Hour Analysis The GBPNZD pair is forming a descending triangle pattern on the 2-hour chart, indicating potential bearish momentum. This pattern typically signals a continuation or reversal to the downside as sellers consistently push the price lower toward a horizontal support level. A breakout below this support would confirm the pattern and create a sell opportunity. Technical Outlook: - Pattern: Descending Triangle - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell on a breakout below the support level of the triangle Traders may consider selling if the price breaks below the triangle's support line, with targets set at subsequent lower support zones. To confirm the bearish move, indicators like RSI showing weak momentum or MACD crossing downward could provide additional confidence for a short position.
Short
by PIPSFIGHTER
#GBPJPY 4HGBPJPY 4-Hour Analysis The GBPJPY pair has formed a bearish engulfing pattern on the 4-hour chart, signaling a potential reversal and indicating selling pressure in the market. This bearish engulfing area suggests that sellers are gaining control, creating an opportunity for a sell entry. Technical Outlook: - Pattern: Bearish Engulfing Area - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the bearish engulfing area Traders may consider entering a sell position around the bearish engulfing pattern, targeting lower support levels. Confirming indicators such as RSI showing overbought conditions or MACD reflecting bearish momentum can strengthen the signal, making this a more reliable setup for a short trade.
Short
by PIPSFIGHTER
#EURJPY 2HEURJPY 2-Hour Analysis The EURJPY pair is currently testing a strong resistance level on the 2-hour chart, indicating potential downward pressure. This resistance level has previously acted as a barrier to upward movements, creating an opportunity for a sell setup as the price struggles to break through. Technical Outlook: - Pattern: Resistance Level - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the resistance level Traders may consider entering a sell position close to the resistance area, targeting lower support zones. For added confirmation, indicators such as RSI showing overbought conditions or MACD displaying bearish divergence could strengthen the signal, making this sell setup more reliable.
Short
by PIPSFIGHTER
#AUDUSD 2HAUDUSD 2-Hour Analysis The AUDUSD pair has recently broken above a trendline resistance on the 2-hour chart, indicating a potential shift towards bullish momentum. This breakout suggests that buyers are gaining control, creating an opportunity for a buy entry as the price shows signs of an uptrend. Technical Outlook: - Pattern: Trendline Resistance Breakout - Forecast: Bullish (Buy Opportunity) - Entry Strategy: Buy above the breakout level of the trendline resistance Traders may consider entering buy positions above the breakout level, with targets set at the next resistance zones. Confirmation from indicators such as RSI for bullish momentum or MACD for a positive crossover can strengthen this buy setup and support the bullish outlook.
Long
by PIPSFIGHTER
#AUDNZD 4HAUDNZD 4-Hour Analysis The AUDNZD pair is currently testing a trendline resistance on the 4-hour chart and has recently formed a bearish engulfing candle near this level. This setup indicates potential selling pressure, as the trendline resistance and bearish engulfing pattern together signal a possible downside move. Technical Outlook: - Pattern: Trendline Resistance with Bearish Engulfing - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the trendline resistance and bearish engulfing area Traders may look to enter a sell position near the resistance area, with targets set at key support levels below. Additional confirmation through indicators like RSI showing overbought levels or MACD with bearish divergence could further validate the sell setup for a stronger entry signal.
Short
by PIPSFIGHTER
#AUDNZD 1DAYAUDNZD Daily Analysis The AUDNZD pair is currently facing trendline resistance on the daily chart, signaling potential downward pressure. This trendline has acted as a barrier to price advances in recent sessions, providing a possible setup for a sell position as the price struggles to break through. Technical Outlook: - Pattern: Trendline Resistance - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the trendline resistance level Traders may consider selling near the trendline resistance, targeting lower support areas. For added confirmation, it’s advisable to check indicators such as RSI for overbought conditions or MACD for signs of bearish divergence, which could strengthen this sell setup.
Short
by PIPSFIGHTER
#GBPNZD 1DAYGBPNZD Daily Analysis The GBPNZD pair is trading within a defined channel on the daily chart and has recently formed a bearish engulfing pattern near the channel's resistance. This combination signals potential downside pressure, creating a favorable setup for a sell position. Technical Outlook: - Pattern: Channel with Bearish Engulfing at Resistance - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Sell near the resistance area or at confirmation of the bearish engulfing pattern Traders may consider selling near the channel's upper boundary or after confirming the bearish engulfing pattern. Indicators like RSI indicating overbought levels or MACD confirming bearish momentum can further validate this setup for a stronger sell entry.
Short
by PIPSFIGHTER
EURUSD Down Trend ContinuationEURUSD has opened with an upward gap and is moving toward a significant resistance zone within a larger bearish trend. If the market meets resistance here and rejects both the resistance zone and the upper border of the descending channel, it may indicate an impending bearish reversal. Historically, this level has acted as a strong resistance, with price bouncing off it multiple times, which reinforces the likelihood of another rejection. There is potential for a push above last week’s high as an initial move to gather liquidity, followed by a bearish reversal aiming to fill the recent gap. If this scenario unfolds, the target would be the support zone around 1.08510, aligning with the gap-filling objective and providing a solid level for further downside momentum
Short
by RTED_Investing
#NAS100 4HNAS100 4-Hour Analysis The NAS100 index is currently trading within a rising wedge pattern on the 4-hour chart, a typically bearish structure that hints at a potential reversal. This pattern suggests that upward momentum may be slowing down, creating a favorable setup for a potential sell opportunity. Technical Outlook: - Pattern: Rising Wedge - Forecast: Bearish (Sell Opportunity) - Entry Strategy: Look for sell setups near the upper boundary or upon breakdown of the support line Traders may consider entering a sell position within the wedge or wait for a clear breakdown of the support line to confirm bearish momentum. Additional confirmation from indicators like RSI showing overbought conditions or MACD displaying bearish divergence can strengthen this sell setup.
FX:NAS100Short
by PIPSFIGHTER
13
#GBPUSD 4HGBPUSD 4-Hour Analysis The GBPUSD pair has broken above a key trendline resistance on the 4-hour chart, signaling a bullish shift in momentum. This breakout suggests that buyers are gaining control, creating an opportunity for a potential buy entry as the price advances. Technical Outlook: - Pattern: Trendline Resistance Breakout - Forecast: Bullish (Buy Opportunity) - Entry Level: Above the broken trendline resistance Traders can consider entering buy positions above the breakout level, with targets set at the next resistance levels. Confirming indicators like RSI for a momentum shift or MACD for a bullish crossover can further strengthen the entry signal, supporting the bullish forecast.
Long
by PIPSFIGHTER
#EURJPY 1HEURJPY 1-Hour Analysis The EURJPY pair is consolidating within a triangle pattern on the 1-hour chart, indicating a buildup of momentum. A breakout on either side of this pattern could signal the next directional move. Traders should watch for a clear breakout followed by a retest, which would provide a potential entry opportunity in the direction of the breakout. Technical Outlook: -Pattern: Triangle - Forecast: Breakout on either side, with retest confirmation for entry - Entry Strategy: Wait for breakout and retest Traders may consider entering after a retest of the breakout level, targeting the next key support or resistance zones based on the breakout direction. To confirm the move, additional indicators like RSI for momentum shifts or volume spikes can be used to validate entry points.
by PIPSFIGHTER
#EURGBP 4HEURGBP 4-Hour Analysis The EURGBP pair has successfully broken above a trendline resistance on the 4-hour chart, indicating a potential shift toward bullish momentum. This breakout suggests that buyers are taking control, creating an opportunity for long positions as the price gains upside strength. Technical Outlook: - Pattern: Trendline Resistance Breakout - Forecast: Bullish (Buy Opportunity) - Entry Level: Above the broken trendline resistance Traders may consider buying above the breakout level, with targets set at the next resistance zones. To validate the buy setup, it's recommended to check indicators like RSI for momentum confirmation or MACD for a bullish crossover, which can further strengthen the signal.
Long
by PIPSFIGHTER
#WTI Crude Oil 4-HWTI Crude Oil 4-Hour Analysis WTI Crude Oil is trading within a falling channel on the 4-hour chart, currently finding support at the channel's lower boundary. This support level could provide a potential buy opportunity, especially if bullish momentum builds. Additionally, a breakout above the channel's upper resistance line would signal further upside, opening the door for more buy entries. Technical Outlook: - Pattern: Falling Channel - Forecast: Bullish (Buy Opportunity) - Support Level: Channel lower boundary - Further Opportunity: Buy more if resistance breakout occurs Traders may look to enter buy positions at the channel support and consider adding to positions if a breakout above the upper resistance confirms additional bullish momentum. Indicators like RSI for oversold conditions or MACD for bullish crossovers can provide extra confirmation before entering.
BLACKBULL:WTILong
by PIPSFIGHTER
#CADJPY 4HCADJPY 4-Hour Analysis The CADJPY pair is currently trading within a rising channel on the 4-hour chart, approaching the upper boundary of the channel, which acts as a strong resistance level. This setup indicates a potential reversal point, creating an opportunity for a sell position. Technical Outlook: - Pattern: Rising Channel - Forecast: Bearish (Sell Opportunity) - Resistance Level: Channel upper boundary Traders may consider selling near the channel’s resistance, with targets set at lower support levels within the channel. To confirm bearish momentum, it’s advisable to check indicators such as RSI for overbought signals or MACD for bearish divergence before entering a short trade.
Short
by PIPSFIGHTER
1
#EURUSD 4HEURUSD 4-Hour Analysis The EURUSD pair has recently broken above a key trendline resistance on the 4-hour chart, suggesting a bullish trend reversal. This breakout signals potential upside momentum as buyers gain control, providing an opportunity for long entries. Technical Outlook: - Pattern: Trendline Breakout - Forecast: Bullish (Buy Opportunity) - Entry Level: Post-breakout above the trendline Traders can look for buy positions above the breakout level, targeting the next resistance zones. It’s recommended to confirm this setup with indicators like RSI for overbought/oversold conditions or MACD for bullish crossover to strengthen the buy signal.
Long
by PIPSFIGHTER
#NZDUSD 4HNZDUSD 4-Hour Analysis The NZDUSD pair is showing strength as it approaches a trendline support on the 4-hour chart, signaling potential bullish momentum. This trendline has consistently provided support in recent price action, making it a reliable level for buy entries. Technical Outlook: - Pattern: Trendline Support - Forecast: Bullish (Buy Opportunity) - Support Level: Trendline Traders may consider buying near this trendline support, with targets set at recent resistance levels. Additional confirmations, such as RSI indicating oversold conditions or MACD showing bullish divergence, could strengthen the buy setup before entering a long trade.
Long
by PIPSFIGHTER
1
#EURUSD 1DAYEURUSD Daily Analysis The EURUSD pair is currently trading within a well-defined falling channel on the daily chart, indicating a bearish sentiment. The pair is approaching the upper boundary of the channel, which acts as a strong resistance level. This setup suggests potential selling opportunities as the price is likely to reverse upon hitting the resistance line. Technical Outlook: -Pattern: Falling Channel -Forecast: Bearish (Sell Opportunity) -Resistance Level: Channel upper boundary Traders can look for sell setups near the channel's resistance zone, targeting lower support levels within the channel. It’s advisable to confirm with additional indicators such as RSI or MACD to validate bearish momentum before entering a sell trade.
Short
by PIPSFIGHTER