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AUD/JPY 2-Hour Forecast: Buy Setup📈 **AUD/JPY 2-Hour Forecast: Buy Setup** 🔹 AUD/JPY is currently at **102.898**, and we’re watching for a potential buy move from key levels at **99.967** or **101.573**, aiming back up toward **102.898**. 🔍 **Key Levels to Watch:** - **Support Zones:** 99.967, 101.573 - **Current Price:** 102.898 - **Potential Resistance:** 102.903 💡 **Trading Insight:** If the price touches these key support levels, we’ll be looking for bullish momentum for a buy setup back up to **102.898** and beyond. 👉 What’s your take on AUD/JPY? Let’s discuss! #AUDJPY #BuyForecast #ForexTrading #2HrChart #Pipnest
Long
by pipnest
USDCHF_106 2024.11.07 08:19:04 Trading Signal SELLFrankPro Signal for USDCHF_106 Type: Screen Signal: SELL TP: 0.87033 SL: 0.87593 Entry Price: 0.87523 Analysis for USDCHF Forecast Overall(Short-Term, Long-Term): ST= Undecided LT= Strong Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Up LT=Down ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF currency pair: **Short-term (next 24-48 hours):** * The indicative opening price of 0.8650 suggests stability, but the thin liquidity on Monday mornings and geopolitical tensions could lead to increased volatility. * The technical analysis video emphasizes caution and monitoring key levels, which implies that the price movement might be uncertain or range-bound in the short term. * The forecast for the week suggests a continuation of the downward trend, but this might not necessarily manifest in the next 24-48 hours. Expected price movement in the short term: **STAY THE SAME** (range-bound or minimal movement) **Long-term (next week or beyond):** * The forecast for the week suggests a continuation of the downward trend, which implies that the price is expected to go down. * The technical analysis video and the forecast section both indicate a potential downward movement, which supports this assessment. * The broader market conditions, such as central banks' actions and geopolitical tensions, could also contribute to a downward trend. Expected price movement in the long term: **GO DOWN** ( continuation of the downward trend) Please note that these assessments are based on the provided analysis and should not be considered as investment advice. Market conditions can change rapidly, and other factors not mentioned in the analysis could influence the price movement. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here are my conclusions for the USD/CHF pair: **Short-term Analysis (next few days):** The price is expected to **go up**. The pair is in an uptrend, and technical analysis suggests that it will continue higher, targeting levels such as 0.8680 and potentially 0.8750. The intraday bias is also on the upside, with a target of 0.8698. However, there is a risk of a pullback to fill a chart gap, potentially correcting down to 0.8574. **Long-term Analysis (weeks/months):** The price is expected to **stay the same** or potentially **go down**. Despite the strong recovery over recent weeks, the longer-term trend for USD/CHF is still considered bearish as long as the 0.9243 resistance holds. A firm break of 0.8332 could resume the larger downtrend from 1.0146 (2022 high). Please note that these conclusions are based on the provided analysis and are subject to change as new data becomes available. Result: ST=Up LT=Down Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF pair: **Short-term analysis (next few days):** The technical analysis suggests a potential bullish correction, testing the resistance level near 0.8745. However, this is expected to be followed by a downward rebound, continuing the fall. The moving averages indicate a bearish trend, and the RSI supports the decline scenario. Therefore, in the short term, I expect the price to **go down** after a brief attempt to correct upwards. **Long-term analysis (weeks/months):** The fundamental overview mentions the influence of safe-haven demand on the Swiss Franc, which could continue to impact the USD/CHF pair. Additionally, the potential for gradual interest rate cuts by the Federal Reserve could also affect the pair. However, the technical analysis suggests a bearish trend, with a potential breakout of the lower border of the "Triangle" pattern. Considering these factors, I expect the price to **go down** in the long term, potentially targeting levels below 0.7985. In summary: * Short-term: **Go down** (after a brief correction) * Long-term: **Go down** (targeting levels below 0.7985) Result: ST=Down LT=Down
Short
by frankiepro
USD/CAD chart on the 4-hour timeframeUSD/CAD chart on the 4-hour timeframe, here's a detailed analysis for potential future movements, along with suggested entry, take profit (TP), and stop loss (SL) levels based on a 1:3 risk-to-reward ratio. Analysis: 1. Trend Observation: Uptrend: USD/CAD has shown strong bullish momentum, reaching new highs in the recent period. The pair appears to be in an uptrend, with higher highs and higher lows. 2. Key Support and Resistance Levels: Resistance: Around 1.3950 (near recent highs). This level has been tested but not broken, indicating selling pressure. Support: Around 1.3810 and 1.3680. These levels have previously seen buying interest and could provide support if there is a retracement. 3. Potential Scenarios and Setups: Bullish Scenario (If uptrend continues): USD/CAD may find support near 1.3810, and a bullish reversal from this level could signal a continuation of the uptrend. Watch for bullish confirmation signals such as strong green candles near support. Bearish Scenario (If resistance holds or a reversal occurs): If USD/CAD fails to break above 1.3950 and shows signs of reversal, a pullback towards support at 1.3680 is possible. Strategy Summary: 1. Risk-to-Reward Ratio: Both setups are designed to provide a 1:3 risk-to-reward ratio. 2. Market Confirmation: Wait for confirmation patterns (e.g., candlestick patterns like engulfing candles) before entering to increase the probability of success. 3. Monitor Economic Events: USD/CAD can be impacted by U.S. and Canadian economic announcements, oil prices, and interest rate decisions from the Federal Reserve and Bank of Canada.
Short
by ShariarsLife
USDCHF_106 2024.11.07 06:43:03 Trading Signal SELLFrankPro Signal for USDCHF_106 Type: Screen Signal: SELL TP: 0.87208 SL: 0.87552 Entry Price: 0.87509 Analysis for USDCHF Forecast Overall(Short-Term, Long-Term): ST= Undecided LT= Strong Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Up LT=Down ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF currency pair: **Short-term (next 24-48 hours):** * The indicative opening price of 0.8650 suggests stability, but the thin liquidity on Monday mornings and geopolitical tensions could lead to increased volatility. * The technical analysis video emphasizes caution and monitoring key levels, which implies that the price movement might be uncertain or range-bound in the short term. * The forecast for the week suggests a continuation of the downward trend, but this might not necessarily manifest in the next 24-48 hours. Expected price movement in the short term: **STAY THE SAME** (range-bound or minimal movement) **Long-term (next week or beyond):** * The forecast for the week suggests a continuation of the downward trend, which implies that the price is expected to go down. * The technical analysis video and the forecast section both indicate a potential downward movement, which supports this assessment. * The broader market conditions, such as central banks' actions and geopolitical tensions, could also contribute to a downward trend. Expected price movement in the long term: **GO DOWN** ( continuation of the downward trend) Please note that these assessments are based on the provided analysis and should not be considered as investment advice. Market conditions can change rapidly, and other factors not mentioned in the analysis could influence the price movement. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here are my conclusions for the USD/CHF pair: **Short-term Analysis (next few days):** The price is expected to **go up**. The pair is in an uptrend, and technical analysis suggests that it will continue higher, targeting levels such as 0.8680 and potentially 0.8750. The intraday bias is also on the upside, with a target of 0.8698. However, there is a risk of a pullback to fill a chart gap, potentially correcting down to 0.8574. **Long-term Analysis (weeks/months):** The price is expected to **stay the same** or potentially **go down**. Despite the strong recovery over recent weeks, the longer-term trend for USD/CHF is still considered bearish as long as the 0.9243 resistance holds. A firm break of 0.8332 could resume the larger downtrend from 1.0146 (2022 high). Please note that these conclusions are based on the provided analysis and are subject to change as new data becomes available. Result: ST=Up LT=Down Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF pair: **Short-term analysis (next few days):** The technical analysis suggests a potential bullish correction, testing the resistance level near 0.8745. However, this is expected to be followed by a downward rebound, continuing the fall. The moving averages indicate a bearish trend, and the RSI supports the decline scenario. Therefore, in the short term, I expect the price to **go down** after a brief attempt to correct upwards. **Long-term analysis (weeks/months):** The fundamental overview mentions the influence of safe-haven demand on the Swiss Franc, which could continue to impact the USD/CHF pair. Additionally, the potential for gradual interest rate cuts by the Federal Reserve could also affect the pair. However, the technical analysis suggests a bearish trend, with a potential breakout of the lower border of the "Triangle" pattern. Considering these factors, I expect the price to **go down** in the long term, potentially targeting levels below 0.7985. In summary: * Short-term: **Go down** (after a brief correction) * Long-term: **Go down** (targeting levels below 0.7985) Result: ST=Down LT=Down
Short
by frankiepro
EURJPY 4hr LongEURJPY 4hr Long ✅ 4hr Long ✅ 💰ENTRY: 165.916 👎STOP LOSS: 164.926 TP TARGETS ⏰TP1 ⏰TP2 ⏰TP3 ✅1. Weekly Time Frame: Price has been breaking bullish and trending above the 10, 50,200 EMAs. ✅ 2. Daily Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs. ✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA. ✅ 4. Price has made a Swing Low Engulfing candle above the 50ema. This is a great example of my systematic system.
Long
by angelvalentinx
AUD/USD Decline: Aligning for a Potential Dip to 0.65By combining these fundamental and technical factors, traders might consider shorting AUD/USD with a target of 0.65, aiming to capitalize on both economic and market sentiment-driven movements. Interest Rate Differential: If the Reserve Bank of Australia (RBA) is perceived as dovish compared to the U.S. Federal Reserve, which might be maintaining or increasing rates to combat inflation, this interest rate differential can make the USD more attractive to investors, leading to a depreciation of the AUD/USD pair. Geopolitical Risks: Heightened geopolitical tensions in the Asia-Pacific region or adverse trade policies affecting Australia could undermine investor confidence in the AUD, making short positions more attractive.
Short
by FtradeFXArabic
EURUSD strategic outlook: BEARS will target 1.0500🔸Hello guys, today let's review H8 price chart for eurusd. Previously recommended buying low near 1.0650, TP hit +400 pips, congrats if you followed. you can review original setup via link below. 🔸Range lows defined at 0650 , range highs set at 1050/1100. This is the active trading range for EURUSD since early 2023 it's well-defined and it's very unlikely that price will exit this range any time soon (not until 2026). 🔸Currently we got a strong rejection near range highs at 1100 and this resistance is too strong for the bulls to break atm, price was already rejected multiple times from this level. there are no bullish catalysts in euro zone to break 1.10/1.11 S/R. 🔸Recommended strategy position traders: bears focus on short selling rips/rallies, targeting range lows at 0500/0550. Bears will take over from here, so there is no valid setup for bulls on buy side. Keep in mind that this is a swing trade setup and provided low volatiliy in EURUSD it may take a while to hit the targets (multiple weeks). 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
26
NZDUSD to turnaround?NZDUSD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 0.5925. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.5975 will confirm the bullish momentum. The measured move target is 0.6025. We look to Buy at 0.5925 (stop at 0.5893) Our profit targets will be 0.6005 and 0.6020 Resistance: 0.5975 / 0.6000 / 0.6025 Support: 0.5925 / 0.5900 / 0.5875 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
USD/JPY surges as Trump storms to victoryThe US dollar is on a tear against the major currencies after Donald Trump’s sweeping victory in the US presidential election. In the North American session, USD/JPY is trading at 154.62, up a massive 2.0% on the day. There are still plenty of votes to count in the US election but it looking increasingly likely that Republican Donald Trump has been re-elected as President. Trump and Democrat Kamala Harris were in a dead heat going into the election on Tuesday and there was concern that declaring a winner could take days or even weeks, which would have led to prolonged uncertainty. In what was a huge surprise to both sides, Trump cruised to victory. The win is even sweeter for the Republicans as they likely have won control of both the House of Representatives and the Senate. With the Republicans in charge, Trump’s agenda will be easier to push through Congress. It should be noted that at the time of writing, the vote count is incomplete and Harris has not conceded defeat. The US dollar has responded to the Trump win with sharp gains and the yen is in full retreat. Trump’s threats to slap stiff tariffs on China, Europe and Mexico would support the dollar, as tariffs would raise inflation and interest rates. If Trump’s policies lead to trade wars, market sentiment will fall, further boosting the dollar. The Bank of Japan released the minutes of its September meeting today. At the meeting, the BoJ kept rates at 0.25% and Governor Ueda said that BoJ would not rush to raise rates during market volatility. Those comments were a response to a stock market slide after weak US employment reports raised fears that the US economy was deteriorating much more quickly than expected. Those fears were unfounded and the markets don’t expect a BoJ rate hike before early 2025, although if the weak yen takes a dive, it could accelerate plans to raise rates. USD/JPY has pushed past resistance at 151.86, 152.87 and 153.84. The next resistance line is 153.95 150.78 and 149.77 are providing support
by OANDA