Forex market
GBPUSD(20250328)Today's AnalysisToday's buy and sell boundaries: 1.2936
Support and resistance levels:
1.3057
1.3012
1.2983
1.2890
1.2861
1.2816
Trading strategy:
If the price breaks through 1.2983, consider buying, the first target price is 1.3012
If the price breaks through 1.2936, consider selling, the first target price is 1.2890
GBPJPY Technical AnalysisFenzoFx—GBP/JPY reached a higher high above the 195.0 resistance but has pulled back from 196.0, currently trading near 194.7 and the 50-period moving average on the 2-hour chart.
The bullish outlook holds as long as the price stays above the 193.5 support, with the next target around 200.0. However, a break below the ascending trendline and 193.5 support could signal a bearish wave toward 192.0.
Mister Y - GU - Friday - 28/03/25 Top down analysisAnalysis done directly on the chart
The easy access to brokers, makes it easy
for aspiring traders to hit buy and sell button.
That's why a lot of people entering in this industry
with high convictions think they will make a lot of
money in quick time. But it requires a lot of efforts
just like any other businesses and professions.
Treat trading as a business.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Range with manipulation 4h - m15 model
Working in range, waiting for manipulation on the lower borders 4h, when forming the model, I will open positions in the long! The target is PDH and the upper boundary of the range
EURUSD: Bulls Take ControlEURUSD has broken out of the parallel descending channel that existed over the past few days, thanks to positive economic data in the market at the end of Thursday's trading session.
Currently, the currency pair is moving in a consolidation pattern around the new support level at 1.0789, and the potential for further upside is considered high due to support from the confluence zone between EMA 34 and EMA 89.
The next targets are expected to aim for resistance levels at 1.082 and 1.085.
Wishing you smooth and successful trading!
NZDUSD Technical AnalysisFenzoFx—The NZD/USD pair formed a double bottom pattern at the $0.5710 support. The trend remains bearish, with the price below the 50-period SMA.
The downtrend will stay intact unless the pair breaks above the $0.575 resistance. For bears to regain control, the price must close below $0.5710, targeting the next support at $0.5678.
EUR/AUD Falling Wedge Pattern - Trade Buy Setup **EUR/AUD Falling Wedge Pattern - Trade Setup**
**Pattern:** Falling Wedge (Bullish Reversal)
A falling wedge typically signals a potential breakout to the upside. If price breaks above resistance with strong momentum, a bullish rally is expected.
**Trade Details:**
📌 **Entry Point:** 1.71300 (Breakout confirmation above resistance)
🎯 **Target:** 1.74100 (Projected move based on wedge height)
🛑 **Stop-Loss (SL):** 1.70700 (Placed below recent support for risk management)
📊 **Indicator Used:** **EMA 50** (Price above EMA 50 strengthens bullish confirmation)
**Technical Outlook:**
1. **Breakout Confirmation:** Price should break above the wedge resistance with strong volume.
2. **EMA 50 Support:** If price stays above the EMA 50, it adds confluence for an upward move.
3. **Risk-Reward Ratio:** ~1:4 (Good potential reward relative to risk).
**Market Factors to Consider:**
🔹 **Fundamentals:** Keep an eye on economic news affecting EUR & AUD, such as interest rate decisions, inflation data, and employment reports.
🔹 **Market Sentiment:** Any risk-on or risk-off sentiment shifts could influence price movement.
🔹 **USD Correlation:** EUR and AUD react to global risk trends; any USD strength could impact the pair.
USD/JPY - Potential TargetsDear Fellow Traders,
This major pair has the potential for a "SHORT" - RSI Divergence.
Upside is limited in the short term.
A strong quality breakout is necessary, either way.
Feel free to ask if anything is unclear.
Thank you for taking the time to study my analysis.
NZD/USD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/USD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 0.573.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
FRIDAY LAST BULL PUMP BEFORE DUMP NEXT WEEKThis will be my last trade for this week, i took buy 15m as you can see on the chart
have 3 target plan AS SEEN ON THE CHART
I dont think we will go any lower then here today
Any way let see
RR 1:15 if works out not bad trade
Holla
It’s close to the London !!!!You must have a keen eye for market structure
Price action
Trends
Supply demand
Support and resistance
Indicators
You need them all as confluence for higher probable setups
Stay connected 🤞
AUDUSD SellAUDUSD has tested the MRZ level in H1 and H4 TF . planned and executed to sell AUDUSD.
looking at 1:5RR for this trade.
lets see how the trade goes.
GBPUSD(Close Door Analysis)Lets Sell on the GBPUSD,in 30Mins news will be realize...Lets ride on the News and enjoy some Profit.
We close the week with GBPUSD LongsIt has been quite a mess in GBPUSD for the last weeks. But i think yesterdays bull move and upclose candle on the daily brought clarity to the direction.
Today, am aiming for longs all the way to 1.30200.
Nice trading.
USDJPY has formed a head and shoulders bottom patternOn the 4-hour chart, USDJPY formed a head-and-shoulders bottom pattern and then stabilized upward, with a short-term bullish trend. Currently, the effective support below is around 149.5, and it is expected to continue to rise if it falls back and does not break. The upper resistance is around 152.3, and after breaking through, the upper resistance is around 154.5.
Observing the lag in DAX’s reaction to EU auto tariff risksTL;DR
Bearish bias below 1.07910
DAX underperforms (-0.70%) amid EU auto tariff concerns
S&P 500 stagnation limiting EUR volatility
Key Levels
Resistance: 1.07810-1.07910 (critical for intraday bias)
Invalidation: Above 1.08110
Technical Setup
DAX shows decoupling potential from S&P 500
Watch for:
• DAX recovery → EUR upside risk
• S&P 500 breakdown → Accelerated EUR selling
Risks
Delayed EU tariff response may trigger DAX volatility
For full correlation analysis and entry triggers, Google "Evgenii’s Substack"
Fundamental Market Analysis for March 28, 2025 USDJPYEvent to pay attention to today:
14:30 EET. USD - Core PCE Price Index
USDJPY:
On Friday, during the Asian session, the Japanese yen (JPY) fell to a near four-week low against its US counterpart. This was due to concerns that US President Donald Trump's trade tariffs could affect key domestic exports. However, the release of robust consumer inflation data from Tokyo provided a welcome respite for those anticipating a more hawkish stance from the Bank of Japan (BoJ), potentially paving the way for further interest rate hikes. The BoJ's opinion summary also indicates that a rate hike remains a possibility should the economy and prices align with forecasts.
Additionally, the prevailing risk-off environment, triggered by Trump's imposition of auto tariffs late Wednesday, has served to support the safe-haven yen, leading to a fall in the USD/JPY pair below 151.00 in the last hour. However, the emergence of some US Dollar (USD) dip buying could support the currency pair and help limit further losses. Additionally, traders may adopt a wait-and-see approach, preferring to observe the US Personal Consumption Expenditure (PCE) price index to ascertain the Federal Reserve's (Fed) rate-cutting intentions.
Trade recommendation: BUY 151.000, SL 150.400, TP 151.750
BEARISH MARKETThe overall Market looks Bearish on the D TF, where we can see an M structure with double top rejection and market looking to close the last half of the leg of the M (Blue brush). On the 4hrs TF the market is doing HL and LL confirming the Bearish structure. Highlighted in the yellow rectangle we have 2 big Bullish candles that show MARKET IMBALANCE.
Thank you.
EUR/USD Long Trade Analysis I have entered a long position on EUR/USD following a confirmed breakout and close above the descending trendline on the 4-hour timeframe. The breakout signals a potential shift in momentum, with price now testing previous resistance levels.
Entry: 1.07943 (Breakout confirmation)
Stop Loss: 1.07528 (Below recent structure support)
Risk Management Level: 1.07754 (Adjusting SL if price moves favorably)
Target Levels:
TP1: 1.08335 - Moving SL to BE at this point to manage risk
TP2: 1.08723
TP3: 1.09211
Trade Rationale:
Price has broken and closed above a well-respected trendline, indicating potential bullish continuation.
The current daily candle does not have much of a top wick.
Risk is managed with a stop below recent lows, allowing room for volatility while protecting capital.
Targets are aligned with key resistance levels where price may react.
RBA preview and Australian dollar analysisI discuss whether the RBA will cut next week and the reasons why, before taking a look at AUD/USD, AUD/CAD, EUR/AUD and GBP/AUD charts.
Matt Simpson, Market Analyst at City Index and Forex.com
