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Slight decrease to have liquidity for the next increase🔔🔔 GBP/USD news: ➡️ GBP/USD continues its bullish momentum, testing 1.3400 on Monday. The prolonged weakness of the US dollar, amid recession fears due to the US-China trade war and the growing threat to the independence of the Fed, strengthens the pair after the long Holy Week Personal opinion ➡️ The RSI indicator on the 1-hour chart is falling after entering the extremely overbought zone and showing signs of a short-term decline ➡️ Note: the US-China trade war is the main focus and the Trump-Fed relationship. It is necessary to follow these 2 major news to grasp the trading trend at this time ➡️ Analysis based on resistance - support levels combined with SMA and trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell GBP/USD 1.3480 - 1.3500 ❌SL: 1.3530 | ✅TP: 1.3430 – 1.3370 👉Buy Gold 1.3315- 1.3300 ❌SL: 1.3270| ✅TP: 1.3370 – 1.3430 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
GBPAUD Retests Double Top NecklineGBPAUD has broken the key support level of a double top pattern. The price is now caught between two important zones: the neckline of the double top, which is now acting as resistance, and the former resistance zone at 2.0725–2.0775, which has turned into support. If this support fails, GBPAUD may continue toward the double top’s projected target near 2.04. However, if the neckline is reclaimed, the bearish setup would be invalidated.
Short
by ftdsystem
EURUSD Analysis – Waiting for Reaction at Key Demand Zone OANDA:EURUSD Technical Outlook: EURUSD is forming a potential bullish continuation pattern. I'm watching for a retracement to the demand zone around 1.1196, where a long opportunity may present itself if bullish confirmation appears. Buy Scenario: Wait for price to dip into 1.1196 zone Look for bullish price action signals Target: 1.1395 Stop loss: Below 1.1160 Sell Scenario (if broken): Clean break of 1.1196, followed by retest (pullback) Target: 1.0953 Note: This setup is based on key market structure levels and potential reaction zones. I update my levels weekly and track how price respects them. For detailed entry points, trade management, and high-probability setups, follow the channel: @ForexCSP
Long
by ForexCSP
USD/CAD Analysis (30min TimeframeUSD/CAD Timeframe: 30-Minute Chart Trend: Bearish (within a descending channel) --- Entry Point: Entry Price: 1.38192 (current market price marked on chart) --- Take Profit Targets: TP1: 1.37812 (labeled "TARGET 1") Final TP (TP2): 1.37374 (labeled "TARGET 2") --- Support Levels: 1.37812 – First major support level (TP1) 1.37374 – Second strong support level (TP2, previous structure low) --- Resistance Levels: 1.38192 – Current entry zone and minor resistance (short-term reaction level) 1.38400 - 1.38500 – Mid-channel resistance area 1.38700+ – Upper trendline resistance (from channel) --- Chart Structure: Descending Channel: Price is respecting a downward sloping parallel channel. Bearish Momentum: Lower highs and lower lows. Entry at Pullback: Entry aligns with a pullback to channel mid-zone. --- Suggested Caption to Share with Your Client: > USD/CAD Trade Setup (30-Min Chart): Price is trending inside a descending channel. Entry: 1.38192 TP1: 1.37812 Final TP: 1.37374 Trend: Bearish Expecting continuation to downside after pullback. Key Resistance: 1.38400–1.38700 Key Support: 1.37812, 1.37374 Watch for bearish confirmation at entry level before executing.
by JAMES_GOLD_MASTER_MQL5
USD/CHF H4 | Heading into a pullback resistanceUSD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8130 which is a pullback resistance. Stop loss is at 0.8277 which is a level that sits above the 38.2% Fibonacci retracement and a multi-swing-high resistance. Take profit is at 0.7932 which is a support level that aligns with the 100.0% Fibonacci projection. 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
Fundamental Market Analysis for April 22, 2025 GBPUSDGBPUSD: The GBP/USD pair is trading in positive territory around 1.3370 during the early Asian session on Tuesday. Concerns over slowing growth in the United States (US) and worries over the independence of the Federal Reserve (Fed) are driving the US Dollar (USD) lower and creating a tailwind for the major pair. US President Donald Trump condemned Powell for continuing to maintain a “wait-and-see” monetary policy until there is clarity on how the new tariff policy will affect the economic outlook. In a Truth social media post, Trump warned that the US economy will slow down if Powell doesn't cut interest rates immediately. Heightened uncertainty surrounding Trump's tariffs and rising trade tensions between the U.S. and China are undermining the U.S. dollar across the board. On the other hand, softer UK consumer price index (CPI) inflation data for March and global uncertainty paved the way for an interest rate cut by the Bank of England (BoE) at its May meeting. Financial markets are now betting on an interest rate cut at the Bank of England's May meeting, estimating an 86% probability of this happening, according to LSEG data. This, in turn, could affect the Pound Sterling (GBP) exchange rate against the US Dollar. Trading recommendation: BUY 1.3425, SL 1.3395, TP 1.3510
Long
by Fresh-Forexcast2004