Market Overview: Major Currency Pairs - Week 9/2025(February 24,Market Overview: Major Currency Pairs - Week 9/2025(February 24, 2025 - March 3, 2025)
📉 USDCAD
🔗 Link to chart:
📊 Active Price Range: 1.429 - 1.404
📉 Main Trend: Swing SELL D1
⚙️ Setup: Sell H1-D1, waiting for trading signals from Rainbow Sniper
💴 USDJPY
🔗 Link to chart: TradingView
📌 Current Status: USDJPY is in a SELL trend. The SELL signal has been active for multiple weeks, and the downtrend remains strong. If no position has been taken, any new trades should only be short-term scalping due to increased sensitivity to losses from price corrections.
📊 Active Price Range: 151-152 - 142
📉 Main Trend: Swing SELL W
⚙️ Setup: SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💵 USDCHF
🔗 Link to chart: TradingView
📊 Active Price Range: 0.8899 - 0.9589
📈 Main Trend: BUY
⚙️ Setup: BUY H1-D1, waiting for trading signals from Rainbow Sniper
💷 GBPUSD
🔗 Link to chart: TradingView
📌 Current Status: GBPUSD was in a corrective upward movement last week on D1 but has not yet confirmed a SELL on D1 based on Rainbow Sniper. This week, GBP is expected to continue its upward move on D1 before looking for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💶 EURUSD
🔗 Link to chart: TradingView
📌 Current Status: Similar to GBP, but the BUY momentum is weaker than GBP. The pair is still in a corrective BUY phase on D1, which was not completed last week and is expected to continue this week before waiting for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇦🇺 AUDUSD
🔗 Link to chart: TradingView
⚙️ Setup: Scalping SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇳🇿 NZDUSD
🔗 Link to chart: TradingView
📌 Current Status: NZD and AUD have some remaining BUY momentum, but NZD has enough tolerance to execute the BUY movement before transitioning to a SELL setup.
⚙️ Setup:
🔼 Scalping BUY H1-D1
🔽 Scalping SELL H1-D1 (after completing the BUY phase)
Ndzusd
NZDUSD to find sellers at market?NZDUSD - 24h expiry - We look to Sell a break of 0.6145 (stop at 0.6175)
Previous support located at 0.6150.
Previous resistance located at 0.6180.
Trading within the Channel formation.
We look for price action to stay within the channel formation today.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
A move through 0.6150 will confirm the bearish momentum.
Our profit targets will be 0.6075 and 0.6060
Resistance: 0.6180 / 0.6200 / 0.6225
Support: 0.6150 / 0.6100 / 0.6075
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NZD-USD Will Go UP From Support! Buy!
Hello, Traders!
NZD-USD has reached a strong daily horizontal support
And we are already seeing a pullback from the level
Therefore, I am expecting a bullish continuation
To retest the nearest resistance levels
Buy!
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