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GBPCAD Wave Analysis – 26 March 2025 - GBPCAD reversed from resistance zone - Likely to fall to support level 1.8230 GBPCAD recently reversed down from the resistance zone between the resistance level 1.8625 resistance trendline of the weekly up channel from 2023 and the upper weekly Bollinger Band. The downward reversal from this resistance zone created the weekly Shooting Star candlesticks reversal pattern – which started the active wave iv. Given the strongly bearish sterling sentiment and the overbought weekly Stochastic, GBPCAD can be expected to fall to the next support level 1.8230.
Short
by FxProGlobal
USDJPY previous support now resistance retest at 151.21The USDJPY currency pair remains in a bearish trend, with the recent price action showing signs of an oversold bounce. While a temporary rebound is in play, the broader sentiment remains weak unless a decisive breakout occurs. Key Levels to Watch: Resistance Levels: 151.21 (critical level), 152.20, 153.04 Support Levels: 149.17, 148.26, 147.22 Bearish Scenario: A rejection from the 151.21 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 149.17, with extended declines targeting 148.26 and 147.22 over the longer timeframe. Bullish Scenario: A breakout above 151.21 with a daily close above this level would challenge the bearish sentiment, opening the door for further gains toward 152.20, followed by 153.04. Conclusion: The market sentiment remains bearish, with 151.21 acting as a critical resistance zone. A rejection from this level could reinforce the downtrend, while a confirmed breakout would shift the outlook to bullish, favoring further upside. Traders should closely monitor price action at this key level for confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USDCHF INTRADAY sideways ranging capped by 0.8862The USD/CHF price action exhibits bearish sentiment, supported by the prevailing downtrend. The current intraday swing high at 0.8860 serves as a critical trading level, as the pair shows potential for an oversold rally before facing bearish rejection. Key Levels to Watch: Key Resistance: 0.8860 (current intraday swing high) Immediate Support: 0.8760 Lower Support Levels: 0.8720, 0.8680 Upside Resistance Levels: 0.8913, 0.8970 Bearish Scenario: An oversold rally toward the 0.8860 level, followed by a bearish rejection, could validate the downtrend and target the immediate support at 0.8760. Continued bearish momentum could extend the decline to 0.8720 and ultimately 0.8680 over the longer timeframe. Bullish Scenario: A confirmed breakout above the 0.8860 resistance level, accompanied by a daily close above this mark, would negate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 0.8913 and 0.8970. Conclusion: The prevailing sentiment remains bearish amid the ongoing downtrend. Traders should closely monitor the 0.8860 level for potential bearish rejections or a bullish breakout. A sustained close above this resistance could signal a shift toward bullish momentum, while failure to break above would reinforce the bearish outlook. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPNZD is in Selling DirectionHello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on GBPNZD 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
GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD 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
EURUSD Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0815 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0800 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
USDCAD INTRADAY trend changeThe USDCAD currency pair remains in a bearish trend, with the recent price action reflecting an oversold bounce. Despite the temporary rebound, the overall sentiment remains weak unless a decisive breakout occurs. Key Levels to Watch: Resistance Levels: 1.4338 (critical level), 1.4413, 1.4475 Support Levels: 1.4276, 1.4200, 1.4139 Bearish Scenario: A rejection from the 1.4338 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 1.4276, with further declines targeting 1.4200 and 1.4139 over the longer timeframe. Bullish Scenario: A breakout above 1.4338 with a daily close above this level would challenge the bearish sentiment, opening the door for further upside movement toward 1.4413, followed by 1.4475. Conclusion: The market sentiment remains bearish, with 1.4338 as a critical resistance zone. A rejection from this level would reinforce the downtrend, while a confirmed breakout would shift the outlook to bullish, favoring further upside gains. Traders should closely watch price action at this key level for confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
CADJPY What Next? SELL! My dear friends, Please, find my technical outlook for CADJPY below: The instrument tests an important psychological level 105.42 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 104.26 Recommended Stop Loss - 106.00 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
USDCAD is ready to short 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
Short
by thegoldenbear
EURNZD - Short Term Sell Trade Update!!!Hi Traders, on March 18th I shared this idea "EURNZD Bearish Trend Structure Indicates Potential Continuation" We expected to see bearish continuation after retraces. You can read the full post using the link above. The bearish move delivered, as expected!!! If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 ------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
GBP/USD Set for a Potential Decline as UK CPI Eases to 2.8%GBPUSD Set for a Potential Decline as UK CPI Cools to 2.8% GBP/USD has been consolidating within a narrow range since the beginning of March, struggling to establish a definitive direction. This prolonged indecision suggests that the pair may require a correction before resuming any upward movement. The latest data from the UK further supports this outlook. February’s Consumer Price Index (CPI) revealed inflation cooling to 2.8% year-over-year, slightly below the forecasted 2.9%. Additionally, retail sales data fell short of expectations, coming in at 3.4% compared to the projected 3.6%. As a result, market sentiment could weigh on GBPUSD, potentially driving the pair into a deeper correction. Key support levels to watch include 1.2865 and 1.2800 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
7