Forex market
EURUSD: holds steady above 1.0400 amid US tariff threatsEUR/USD holds steady above 1.0450 in the European trading hours on Thursday. Broad US Dollar underperformance supports the pair. However, tariff threats from US President Donald Trump and geopolitical tension might cap its upside. US data and Fedspeak remains in focus.
EUR/USD Technical Overview
Technically, the bullish outlook of EUR/USD remains intact as the major pair holds above the key 100-period Exponential Moving Averages (EMA) on the 4-hour chart. However, the Relative Strength Index (RSI) is located below the midline, near 42.85, suggesting that further downside cannot be ruled out.
The first upside barrier for EUR/USD emerges near 1.0461, the high of February 19. The key resistance level to watch is the 1.0500-1.0505 zone, representing the psychological level and the upper boundary of the Bollinger Band. A decisive break above this level will see a rally to 1.0533, the high of January 27.
CHFJPY is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
Bullish price bias on EURUSDMy long idea on eurusd is as a result of dollar weakness. weak dollar will result to strong eur
EURUSD - The downtrend is expected to resume!The EURUSD pair unsuccessfully attempts to recover and break upwards from its last high at 1.0533.
The recent failure below the oblique resistance H4 shows that the upward movement is potentially over and that sellers are slowly regaining control.
In other words, it is difficult to bet on the asset rising with lower and lower highs. A rise in the US dollar in the coming days is possible with why not a return to areas located around 1.0400 or even 1.0300-1.0250 with the help of Donald Trump if he takes decisions favorable to the dollar.
Furthermore, the results of the elections in Germany this weekend could have a downward impact on the euro, which would support my scenario.
T/R zonesThis is idea based on transient/recurrence zones.
Price will revisit 1.10930 zone with high probability
30 min cycle (mid term duration)
USDCHF Will Fall! Sell!
Here is our detailed technical review for USDCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.897.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.879 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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CADCHF Will Go Down From Resistance! Short!
Take a look at our analysis for CADCHF.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.631.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.625 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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CAD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so CAD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.621.
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AUD/CHF SHORT FROM RESISTANCE
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Previous week’s green candle means that for us the AUD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.569.
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EURUSD showing signs of trend reversal with ' W 'EURUSD showing signs of trend reversal with ' W '. It may retrace.
USDCHF SHORTSBased off the weekly timeframe, price looks as if it could sell off till the weekly lows. Past data shows that every time that price rejects this resistance it sells to that weekly low around (0.84000)
USDZAR-NEUTRAL BUY strategy 3 hourly chartThe regression channel has ample room either way, and we are close to support level 18.3000 and a break below suggest 18.1100 direction.
The overall view is still a chance for higher levels, but 18.4675 needs to be challenged to see 18.5850 again. For the reasons stated am NEUTRAL with buying bias. I wish to add we are completing also (b) wave and it seems not clear as yet on its completion.
Strategy BUY 18.3150 - 18.3450 and take profit @ 18.5350 (but watch if we break the resistances mentioned). I never state SL levels, as this is individual decision, and of course we are in need of a proper risk management and leverage strategy to ensure we become or remain profitable.
EURAUD POSSIBLE BUY?The market is currently testing the current Daily area. Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
USDCHF 4hr S/R + price actionPossible sell on USDCHF. price on support level mostly going to break and continuing the downtrend. we got a strong bearish impulse and the trenline acting as resistance.
Target for this setup we can choose signifcant levels or just using a normal 1:3 R:R
AUDUSD 4hr trendline as supportPrice action closed touching the uptrend, I think this is a good opportunity for buys with 0.6460 as first target then 0.6540.
Uptrend also is confirmed by index dollar which is now weakening. Until this trendline holds it is possible to open multiple positions on lower timeframe.
TP on the break of the trendline or on a significant level. Good trade.
EUR/CAD Short Opportunity ?I'm looking for a short opportunity on EUR/CAD, as I see a clear bearish price action, with the price poised to sweep the lows toward the range bottom. Personally, I’ll wait for a possible spike into the FVG gap candle and look for a reaction before entering a sell position. Let me know what you think.
CADCHF – BOS and bearish continuation .. the week of 24 Feb Weekly – bearish.
Daily – bearish after a break of structure (BOS). Price below 200sma.
H4 – bearish (visible sequence of lower highs and lower lows).
Price has broken below a significant support/resistance area that has been tested multiple times. This break below also occurred with momentum as you can see from the large red candle. I expect a pullback to the zone (marked in green) and if that happens, I will be looking for signs of a bearish continuation.
If a short trade does set up, my stop would be placed above the recent swing high and an initial target at 0.62580 with the potential to go down to 0.6200.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
AUDNZDWe can attempt to buy AUDNZD from specified level as it make HL , also 0.5 FIB level occur , also there is hidden bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
CAD/JPY: Potential Reversal as Buyers Step InCAD/JPY has shown signs of exhaustion in its bearish momentum after completing a deep Bat harmonic pattern. The pair has reached a key Fibonacci extension zone, where price action suggests a possible reversal.
Bullish interest is evident with price stabilising near the 105.50 level, supported by oversold conditions on momentum indicators. If buyers sustain pressure, a corrective move towards 106.50 and potentially 107.18 could unfold. Confirmation through a breakout of local resistance would further validate a bullish recovery scenario.
GBP/USD Market Analysis – Bearish Reversal from Harmonic PatternThe GBP/USD pair has completed a Crab harmonic pattern , with price reaching the 1.618 extension level and reacting strongly at resistance near 1.2617. The rejection suggests a potential bearish reversal.
Initial downside targets (T1 and T2) are at 1.2515 and 1.2445. If price sustains below 1.2593 (AB=CD level), further downside is likely. However, a breakout above the high could invalidate the bearish setup. Traders should watch for confirmation signals before taking positions.
