GBPJPY showing signs of a potential DUMPRecent price action shows a consistent lower high formation, suggesting that the bulls are losing momentum
The next significant support comes in around 195.800 and a Further downside targets could push GBPJPY towards 195.000
Stay informed about any fundamental updates that could trigger sharp volatility, but based on the current setup, a bearish outlook on GBPJPY looks promising
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OIL bearish bias down to $72.50The price currently trades around $73.37 and appears to be in a retracement phase after a significant sell-off. The overall structure suggests the market may continue to test lower levels with a clear rejection from the recent highs near $75.00, followed by a steady move downward.
Resistance: $74.00, where a rejection occurred
Support: $72.50, which aligns with a previous structure low
Let me know if you agree with my idea ?
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USDJPY 15min ChartThe price is testing resistance near 156.400. A bearish reversal could send it toward the key demand zone at 154.500.
A short-term rejection is anticipated, followed by a lower high before resuming the bearish trend.
The critical target lies near 154.500, a significant support level where buyers may regain control.
JP225 (Nikkei 225) Bullish OutlookPrice is approaching a strong demand zone around 38,700. A bullish reversal could target the key resistance at 39,450.
I suggest a bounce from the demand zone with a target near 39,450, which aligns with a significant resistance level.
Recent higher lows indicate strength in the upward momentum.
GBPJPY Buy Zone Locked 195.000 in SightThe GBP/JPY chart shows a bullish opportunity as the price approaches a key demand zone around 193.400.
This area has acted as a significant support level, and rejection here could signal the continuation of the broader uptrend.
With a clear target at the psychological resistance of 195.000, the setup aligns with a bullish market structure. Traders should watch for confirmation through bullish price action within the demand zone, such as rejection wicks or higher lows.
A clean bounce from this level offers a high-probability trade, with stops just below the zone to maintain a favorable risk-to-reward ratio.
EURUSD Bulls Will Take Charge?EUR/USD bounces off a strong demand zone around 1.0530. With bullish structure building, we could see a rally towards 1.0650.
A key support zone at 1.0499–1.0530 has provided a strong foundation for a bullish reversal.
The rejection candle and subsequent bullish candles suggest that buyers are stepping in aggressively at this level.
Price is likely to target 1.0649 in the coming sessions, aligning with previous highs and liquidity areas.
Stay patient and follow the structure.
AUDUSD Bearish Setup in ProgressAUDUSD has been in a steady downtrend and recently formed a potential supply zone (purple area) around $0.64600.
Price action suggests a bearish reaction at this zone, with the potential for lower highs before a continuation to the downside.
Liquidity below $0.64000 is the next probable target as sellers dominate the market.
The setup favors waiting for price to tap into the supply zone, showing clear rejection signs before executing shorts.
A break below recent lows would confirm bearish momentum, with further downside targets in the $0.64000.
NZDJPY Offer Shorting OpportunitiesNZD/JPY remains in a bearish structure, rejecting key resistance near 88.88 and 89.98.
Sellers appear dominant, with the possibility of a retracement to trap liquidity before resuming the downtrend.
The next significant target lies at 86.60, a critical support level that aligns with previous demand.
The pair's bearish momentum suggests rallies may offer shorting opportunities.
This setup highlights patience in waiting for a retracement before positioning for a bearish continuation.
A clean break below 86.60 could unlock further downside potential.
GBPCHF: Bearish Trap or Opportunity in the Making?On the GBP/CHF 4-hour chart, price action indicates a potential bearish shift after grabbing liquidity above previous highs and sharply rejecting the 1.1200 supply zone, a premium price area.
The market filled inefficiencies within a fair value gap (blue zone) and is now positioned for a potential continuation downward. If price holds below the supply zone, we could see bearish momentum targeting 1.1165 as the first key support level, with further downside potential toward 1.1140.
A break above the supply zone would invalidate the bearish bias, so risk management is crucial, with stops placed above 1.1205. This setup relies on confirmation of lower lows and aligns with smart money concepts for precision trading.
GOLD at Critical Levels: Breakout or Rejection Looms?The XAU/USD chart indicates consolidation near a supply zone. This indecision reflects a potential breakout or breakdown setup:
Upside Potential: A clean break above the consolidation zone could signal a bullish continuation, targeting the next resistance levels.
Downside Risk: A failure to sustain higher prices may trigger a sell-off back toward the demand zones.
A rejection at this resistance zone could result in a sell-off towards lower support levels around 2,619.65, 2,616.00, and potentially lower. Watch for bearish price action signals at the resistance zone to confirm this move.
Bearish Breakdown Brewing on GER30 – Watch for the Drop!The price action shows a weak uptrend, with lower momentum reflected in the narrow candles nearing resistance.
The red trendline highlights the fragile support beneath the recent structure.
A break below the trendline signals bearish pressure gaining control.
If confirmed, the price is likely to revisit the key demand zone around the red horizontal line at 19,028.77, a major support level from prior lows.
Gold Faces Key Supply Zone: Will Bears Reclaim Control?The 4-hour chart for XAU/USD (Gold Spot) highlights a strong bullish rally approaching a significant supply zone around $2,740–$2,770.
This area coincides with previous resistance, suggesting a potential reversal or slowdown in momentum.
Price may fail to break the supply zone, triggering a pullback towards the $2,640 level for retesting.
This move would align with classic corrective behavior following an overextended rally.
$LUNA Reawakens A Breakout to $1 in SightThe daily chart of LUNA/USDT reveals a significant breakout above a long-term descending trendline.
This move marks the first major rejection of the bearish structure that has dominated since April.
The breakout was accompanied by strong bullish momentum, indicating renewed interest in the token.
Following the breakout, LUNA has retested the trendline (now acting as support), creating a classic bullish retest pattern. The impulsive rally suggests that buyers are regaining control, targeting the $1.00 psychological resistance zone.
GBP/USD Breakout to 1.2777 or rejection to 1.2666?This chart displays the GBP/USD pair on the 1-hour timeframe currently leaning bullish, as the price has shown strength approaching the resistance.
The price is currently testing a key resistance zone around the 1.2689-1.2700 level, with potential bullish momentum indicated by the recent rally.
If the price breaks above the resistance zone and closes beyond 1.2700, it could indicate a continuation toward the next resistance level at 1.2777
EUR/JPY Bearish Setup: Supply Zone Rejects, New Lows in Sight!After a significant bearish move, price is consolidating and appears to be respecting the supply zone, suggesting a continuation of the downtrend.
Support Levels:
Immediate target support at 162.263.
Extended target at 160.207.
A potential bearish scenario with price rejecting the supply zone, targeting the mentioned support levels.
Take Profit (TP):
TP1: 162.263 (first support level).
TP2: 160.207 (extended support level).
AUD/JPY Approaching Key Breakdown: Will the Bulls Hold the Line?AUD/JPY is trading within a converging wedge pattern, showing a potential downside setup. The price is approaching a crucial support level marked by the red ascending trendline. This support has held multiple times in recent sessions, but any break below it could open the way for further losses.
The pair is also testing resistance at the upper boundary of the wedge. A rejection from this area may push prices downward towards the ascending trendline, where a break could lead to a deeper fall, targeting the blue horizontal support near 100.000.
If AUD/JPY breaks below 100.000, it could trigger a bearish continuation, suggesting a move toward the 99.510 level or lower. Conversely, if bulls defend the trendline, the price could attempt a reversal within the wedge, aiming for a retest of recent highs.
EUR/USD Eyeing Key Resistance Zones for BreakoutEUR/USD has been on a steady upward trajectory, supported by a clear trendline that has provided consistent buying interest. The current structure indicates a potential bullish continuation after a brief consolidation or pullback.
The pair is now targeting key resistance levels at 1.09012 and 1.09365. The first challenge for the bulls is breaking through 1.09012, a strong resistance that has been tested previously. A successful breach of this level could lead to a rapid move towards the major resistance at 1.09365.
The chart suggests that any retracement towards the trendline or the dashed horizontal support will likely attract more buyers, offering a high-probability setup for further upside. Should this retracement occur, buyers might seek opportunities near 1.08552 before attempting another push higher.
If the price breaks above 1.09365, we could see a continuation of the broader bullish trend, potentially heading towards 1.1000 or higher. However, failure to maintain the upward momentum around these key resistance levels could lead to a deeper correction.
We should watch for price action around 1.09012 for confirmation of a breakout, while keeping an eye on the trendline as a guide for support.
NZD/USD Sellers Will Push for a Major Breakdown !The NZD/USD pair shows signs of potential bearish continuation after a recent pullback from the 0.61179 level. This zone acted as a resistance point where buyers temporarily pushed the price upward but failed to maintain the momentum.
The price is now stalling just below 0.61094, indicating that bearish pressure is starting to outweigh buying interest. If this level holds as a resistance, the pair could break below the key support at 0.61006, triggering a larger move downwards.
The projected bearish path suggests that once the support is broken, the next target would be 0.60861, followed by a further move towards 0.60543, a strong area of support from previous price action. This setup favors sellers in the short-to-medium term, especially if a clear rejection from current levels is confirmed.
Traders should watch for a confirmed break below 0.61006 to initiate short positions, while a sustained move above 0.61179 would invalidate the bearish bias and open room for upside gains.
US30 Approaches Key Resistance: Buyers are losing momentumIn this US30 chart, price action is currently testing a key resistance zone. After a period of consolidation and a rally, the price is struggling to break above this zone.
The projection indicates a potential bearish reversal if the resistance holds, with price possibly retracing toward the support level around 41,920.
Buyers are losing momentum, and sellers may start stepping in at this resistance. A failure to break above could trigger a move back down, with a significant drop expected to the highlighted support level. Traders should watch for any bearish confirmation before taking short positions. If the price breaks through resistance, however, it could invalidate the bearish scenario and lead to further bullish continuation.
JPY Surge Ahead Could Trigger a Major Drop in GBB/JPYThe JPY Currency Index (JPYX) is approaching a key demand zone, highlighted in blue on the chart around the 748 level. After a sustained downtrend, this area is likely to serve as support, with a potential bullish reversal indicated by the projected price movement. A bounce off this zone could trigger a strong upward move, targeting higher levels.
However, if the support breaks, further downside momentum may occur. Watching for confirmation of reversal patterns is crucial before entering any long positions. The zone presents a high-probability area for buyers to step in, but patience is required for confirmation.
If the JPYX (Japanese Yen Index) bounces from the current demand zone and strengthens, we can expect the Japanese yen to appreciate. This would likely lead to a bearish impact on GBP/JPY, as a stronger yen typically causes a decrease in GBP/JPY price. The yen’s strength would outweigh the British pound, pushing the pair lower.
On the other hand, if the JPYX breaks through this support level and weakens further, the yen would depreciate, driving GBP/JPY higher as the pound strengthens relative to the yen.
Key points to watch:
A JPYX bounce could trigger a GBP/JPY drop.
A JPYX decline might result in a GBP/JPY rise.
The exact impact will depend on the strength of the yen's reaction and how the pound performs during this period.
Gold Trap Unveiled: Bears Prepare for a DropGold (XAU/USD) has shown strong bullish momentum followed by a consolidation phase. The price is forming a double top, which suggests exhaustion in the upward movement.
A potential reversal is in play, with the projected path indicating a significant drop towards the key support level of 2,650.
The price action suggests that sellers may regain control after failing to break higher, leading to a sharp decline.
WTI Poised for a Rally? Key Support Hold Could Send Prices SkywaThe chart indicates that WTI is approaching a critical support zone between $67.60 and $69.40, a level previously tested and held.
After forming a consolidation pattern, the price is likely to break upward, heading toward the next resistance at $72.50 and potentially extending to $76.00 if momentum builds.
A bullish move would be supported by the price remaining above the $69.40 area, indicating strong demand at these levels.
However, if this support breaks, there could be a further downward move towards $67.60.
The target zones to watch on the upside are $72.50 and $76.00, with significant resistance around those levels.