Get started

Forex market

Euro takes a hit as trade deal with the US sparks a market rallyTrading this week kicked off with a trade agreement between the United States and the European Union, which pushed both the US and European indices to open in the green. However, this development had a negative impact on the euro, which is experiencing a significant decline during today's session, Monday, July 28, 2025. Meanwhile, the US dollar is making a strong comeback, rising by 0.60% ahead of the US session open. This recent decline has reversed the euro’s upward trend that it had maintained since the beginning of this month. The EUR/USD pair dropped again, hitting a new low below the 1.17110 level, which represents the last lower high of the bullish trend. What is the likely upcoming scenario? A price increase for the pair to the 1.17635 level would be considered a corrective move within the ongoing bearish trend. The negative outlook would not change unless the price records a higher high above the 1.17889 level on the 4-hour timeframe. However, the EUR/USD is heading into an important week filled with key economic data and news, particularly from the US. This includes the US Non-Farm Payrolls set to be released on Friday, August 1, 2025, and the Federal Reserve meeting on Wednesday, July 30, 2025. The later will cover interest rate decisions and upcoming economic projections. The outcomes of these events are expected to have a direct impact on both the US dollar and the EUR/USD pair.
by CFI
Bullish on GBP/USD (4H Chart)Support Zone (Entry Area: ~1.3420) Price has tapped into a strong historical support level (marked by multiple prior rejections). A slight liquidity sweep below this zone hints at potential sell-side liquidity grab, which often precedes a reversal. Market Structure: The pair has been in a corrective downtrend but is now approaching a key inflection point. Bullish momentum is anticipated due to the pattern of higher-timeframe structure still respecting previous lows. Volume: This zone typically accumulates large orders (institutional buying interest) before an upward push.
Long
by ResilienceFx
GBPAUD Is Going Up! Long! Here is our detailed technical review for GBPAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2.055. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2.070 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. 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 subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
SHORT TRADE PLAN (LIVE REVERSAL SETUP)🔻SHORT TRADE PLAN (LIVE REVERSAL SETUP) 🔹 Entry: 1.1665 🔹 Stop Loss: 1.1800 (Brick 18 reclaim = hard invalidation) 🔹 Risk: 135 pips 🔹 Style: Macro Renko reversal — Brick 17 collapse, now short inside Brick 16 🔹 Bias: Downtrend targeting full structure rotation and fib reversion ⸻ 🧠 WHY THIS SHORT? • ❌ Bullish structure invalidated: H4 candle closed beneath 1.1700, violating Brick 17 • 🧱 Renko breakdown confirmed: Price now actively trading inside Brick 16 (1.1600–1.1700) • 🧬 Momentum flipped: Largest bearish candle in weeks signals shift in institutional control • 📉 No support until 1.1500–1.1400 → multiple clean Renko bricks below = high velocity window • 🧲 Macro magnet pull: 1.1000 is full cycle reversion zone — untouched since last major fib reset • 🔐 Longs are trapped under Fib 100 → sentiment rotated hard → fade is now the high-probability play ⸻ 🎯 SHORT TARGET LADDER (100 PIP BRICKS) TP1 — 1.1500 📉 〰️ Brick 14 confirm — early exit zone +165 pips | R:R 1.22:1 TP2 — 1.1400 🔻 〰️ Brick 13 confirmation — structural break builds +265 pips | R:R 1.96:1 TP3 — 1.1300 📉 〰️ D1 structural pivot — macro memory zone +365 pips | R:R 2.70:1 TP4 — 1.1200 📉 〰️ Fib 0.0 / round number test +465 pips | R:R 3.44:1 TP5 — 1.1100 📉 〰️ Trend extension base +565 pips | R:R 4.18:1 TP6 — 1.1000 🧲 〰️ Full macro cycle alignment +665 pips | R:R 4.92:1 TP7 — 1.0900 🪤 〰️ Trap zone for blowout shorts +765 pips | R:R 5.66:1 TP8 — 1.0800 🧠 〰️ Max extension pressure +865 pips | R:R 6.40:1 TP9 — 1.0700 🏁 〰️ Renko structure finality zone +965 pips | R:R 7.14:1 TP10 — 1.0600 🌀 〰️ Overshoot runner — hold only 10–15% +1065 pips | R:R 7.89:1 ⸻ ⚙️ EXECUTION RULES • SL → locked at 1.1800 (only full Brick 18 reclaim = exit) • Move SL to BE after TP2 hits • Begin 1-brick trailing after TP3 • Book 70–80% of size by TP6 • Only hold runners beyond TP7–TP10 if Renko bricks remain unbroken 📛 Long bias is off — no reentry until Brick 17 is reclaimed on Renko 🟠 Optional new short entries on bounce into 1.1685–1.1700
Short
by OddJ0b
GBPAUD oversold rally capped at 2.0600 resistanceThe GBPAUD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a temporary relief rally within the downtrend. Key resistance is located at 2.0600, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 2.0600 could confirm the resumption of the downtrend, targeting the next support levels at 2.0400, followed by 2.0350 and 2.0290 over a longer timeframe. Conversely, a decisive breakout and daily close above 2.0600 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 2.0645, then 2.0730. Conclusion: The short-term outlook remains bearish unless the pair breaks and holds above 2.0600. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. 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
EURUSD: A New Possibility On The Horizon!!Following my previous post just a few minutes ago, I’ve observed that price may retrace deeper into the 4H supply zone, which could invalidate our earlier bearish setup. This shift is due to visible signs of uncollected liquidity still resting above the current price. If price continues its rally to the upside, we’ll shift bias and look for potential opportunities to ride the bullish move instead. Losses are part of the game, guys—but no worries, my sell entries are already secured✌️😂. Stay sharp and stay active, traders. Let’s see how price unfolds from here. Follow for more updates. See you on the next one. ⚔️📊
by MiratonicFx_Trading
Fundamental Market Analysis for July 28, 2025 GBPUSDThe pound is sliding to 1.34250, reacting to a fresh slowdown in UK inflation and reduced expectations of further tightening from the Bank of England. The annual CPI for June fell to 2.2%, the lowest since March 2022, allowing the regulator to keep rates unchanged at the August meeting. Meanwhile, rising Treasury yields intensify capital inflows into dollar assets after a strong US Q2 GDP report (+2.4% q/q). The British economy remains close to stagnation: the services PMI fell to 49.8, indicating shrinking orders and wage pressure. Political risks also weigh on the pound: the ruling party's parliamentary majority shrank after unscheduled by-elections, complicating the government's implementation of fiscal stimulus. Collectively, this increases the attractiveness of selling the pair ahead of the Fed meeting, where markets price in a possible rate hike by year-end. Trade recommendation: SELL 1.34250, SL 1.34450, TP 1.33250
Short
by Fresh-Forexcast2004