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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
USD/CAD H4 | Falling to swing-low supportUSD/CAD is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 1.3823 which is a swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.3745 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement level. Take profit is at 1.3943 which is a multi-swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
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
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
GBPAUD: Strong buy opportunity for a final push.GBPAUD is neutral on its 1D technical outlook (RSI = 51.562, MACD = 0.005, ADX = 38.182) as the price has pulled back to the bottom of the bullish wave of the 1 year Channel Up. That is technically the final buy opportunity before the rally to the top of the Channel. All prior bullish waves made a rise of at least +4.46%. As long as the 1D MA50 supports, the top of the +4.46% range will be our target (TP = 1.99500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
**Pound Slips Toward 1.2700 on Weak Fundamentals**GBP/USD Under Mounting Pressure: Reversal Patterns, Dollar Strength, and the Trump Effect The GBP/USD pair is showing clear signs of reversal, struggling to sustain momentum near recent resistance levels and failing to breach the liquidity zone, signaling a strong bearish outlook. The fundamental backdrop for the pound has shifted into negative territory, creating ideal conditions for a continued downtrend in this currency pair. Across financial markets, the U.S. dollar is surging, boosted by an array of macroeconomic and political forces. Market participants have taken note of the renewed strength of the dollar, especially amid growing confidence in a Trump electoral victory. Trump’s policies have consistently favored a strong dollar through economic and fiscal strategies, reinforcing demand for the currency. As a result, investors are starting to price in the likelihood of a reinforced dollar, with potential ripples across various asset classes, especially forex. Turning specifically to GBP/USD, there are several critical technical levels in play that could guide the pair’s trajectory in the near to medium term. In recent analyses, attention has been focused on key points at 1.2813 and 1.3050. These levels represent crucial thresholds: any sustained retest of support after a pullback to resistance could signal an increased probability of a breakdown. A successful retest of support, should it occur, could pave the way for further declines, with the technical and fundamental contexts aligning toward a bearish outlook. The current economic environment, therefore, remains unfavorable for the pound, particularly given that the dollar’s strength is being reinforced by shifting geopolitical and economic conditions. As the fundamental scenario develops, the path of least resistance for GBP/USD appears to be downward, with sentiment increasingly favoring a lower trajectory for the currency pair. Key Levels to Watch: Resistance Levels: 1.2940, 1.3000, and 1.3044 Support Levels: 1.2813, 1.2672, and 1.2500 A close look at the technical setup reveals that GBP/USD has re-entered a range bound by these resistance and support levels. At present, both the technical and fundamental backdrops are aligned for a continued move to the downside. The 1.2813 support level, in particular, represents a critical juncture. If the pair dips below this level, the likelihood of a deeper breakdown grows significantly, potentially opening the path toward the next support at 1.2672 and, in more pronounced bearish scenarios, toward 1.2500. Investors should be prepared for some pullbacks along the way, as volatility may trigger minor upward corrections. However, any such movements are likely to be short-lived unless there is a meaningful shift in the fundamental landscape. The role of news and upcoming economic data releases cannot be overstated in this dynamic environment. Market participants should stay attuned to potential changes in both economic indicators and policy announcements. Ongoing developments surrounding U.S. fiscal and monetary policy, particularly in light of Trump’s political momentum, will play a crucial role in defining the strength and stability of the dollar and, by extension, the weakness of GBP/USD. In summary, with both technical indicators and fundamental factors favoring the dollar, the GBP/USD pair seems poised for further losses. Careful monitoring of key support levels and geopolitical news will be essential as we await potential new lows in this currency pair.
Short
by lonelyPlayer0
GBPJPY BEARISH FOR 140PIPSEntry Point: Look for an entry around a resistance level on a 4H or daily chart. A retest of broken support could also be an ideal entry area. Stop Loss and Take Profit: Position a stop loss just above a recent swing high to minimize risk, with a profit target aligned to key support zones that give the potential for a 1,140-pip move. Trailing Stop: Since this target is large, using a trailing stop can lock in profits while allowing the trade to capitalize on prolonged trends.
Short
by LORDOFTHETRADERS
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving UP. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
9
GBPCHF Ready for a breakthroughHello Traders In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET today GBPCHF analysis 👆 🟢This Chart includes_ (GBPCHF market update) 🟢What is The Next Opportunity on GBPCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
**GBP/USD 15-Minute Forecast: Key Levels in Play**🔄 **GBP/USD 15-Minute Forecast: Key Levels in Play** 📉📈 GBP/USD is currently at **1.29484**, and we're expecting a short-term move up to **1.29861**. If it hits this resistance level, a potential reversal could bring the price down toward **1.28631** as a target. 🔍 **Key Levels to Watch:** - **Current Price:** 1.29484 - **Resistance:** 1.29861 - **Bearish Target:** 1.28631 💡 **Our Strategy:** Watching for a break at 1.29861 to confirm the setup. This could open up opportunities as the market tests support levels. 👉 Are you on the same page with GBP/USD? Share your insights! #GBPUSD #ForexTrading #15MinChart #PricePrediction #Pipnest
Short
by pipnest
GBP/JPY Analysis: Shorterm BuyThe GBP/JPY pair currently shows a retracement from recent highs, and we can observe key levels of support and resistance based on Fibonacci retracement levels and trend lines. Trendline Support: A rising trendline from previous lows suggests continued bullish momentum as long as the price respects this trendline. The recent test of this trendline indicates a possible continuation to the upside if buyers maintain control. Fibonacci Retracement Levels: Key retracement levels are marked: The 23.6% retracement near 198.97 serves as the first potential resistance area. A break above this level could lead the price towards the next resistance. 38.2% (198.61) and 50% (198.33) levels provide additional zones where the price might face resistance before potentially moving higher. Key Support Levels: The 198.00 level acts as a psychological and technical support, with further support down to 197.50. If the price breaks below these support levels, it may signal a reversal or deeper correction. Potential Scenarios: Bullish Scenario: If the price respects the trendline and moves above 198.97, we might see an attempt to test the recent highs around 199.50 - 199.70. Bearish Scenario: Failure to hold above the trendline and a breakdown below 197.50 could initiate a deeper pullback, possibly targeting support levels around 196.50 or lower. Conclusion: The bias remains bullish as long as the trendline support holds. However, key resistance levels around 198.97 - 199.50 need to be watched closely, as they could signal either a breakout to new highs or a potential reversal if selling pressure intensifies.
Long
by AEL_Education
#AUDUSD 1DAYAUDCAD Daily Analysis The AUDCAD pair has recently broken above a key trendline resistance on the daily chart, indicating a shift toward bullish momentum. Following this breakout, the price is now retesting the trendline, which has turned into support. This setup suggests a potential buy opportunity as the retest confirms the breakout. Technical Outlook: - Pattern: Trendline Breakout and Retest - Forecast: Bullish (Buy Opportunity) - Entry Strategy: Buy near the trendline support Traders may consider entering a buy position around the retested trendline, targeting higher resistance levels above. Indicators like RSI showing upward momentum or MACD confirming a bullish crossover can add confidence to this setup, reinforcing the bullish outlook for AUDCAD.
Long
by PIPSFIGHTER