$NZDUSD LONG IDEA Bullish pressure expected this week. Buyers should keep
0.56750 in mind for stops and 0.57516 for targets
Forex market
EURNZD repetitive pattern for LONG entryThis EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
USD/CHF Accumulation Phase with Strong Rejections and New Highs USD/CHF has been in an accumulation phase for over a month, making new highs and showing strong rejection at the lowest low from December. From a technical standpoint, it looks like a good time to buy. You could place a stop order to catch the move without missing out or wait for a possible retracement to get a better entry.
EURAUD Showing Strong Momentum: Awaiting Ideal Long EntryThis setup highlights a recurring pattern that has consistently delivered strong results in the past. With the current market movement, it's advisable to wait for a healthy retracement, presenting an opportunity for a potential long entry. Many buyers likely anticipated a longer consolidation and missed their chance to enter earlier, increasing the likelihood of a retest of the recent low.
Patience and timing could turn this into an ideal entry point with strong potential for upside momentum.
long trade possible runner good r/r,in a trading range for a while has the pottential to run quite fast
pottential breakout from triangle patternbreak of the trendline followed by accumulation phase forming a triangle ,
would make a nice breakout trade especially if retraces for 1/2.5 or 1/3 risk/reward,looks great on the 1h chart as well
AUDNZD The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for AUDNZD below:
The instrument tests an important psychological level 1.1075
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1114
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURCHF My Opinion! BUY!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9429 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9442
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
USDCHF On The Rise! BUY!
My dear followers,
This is my opinion on the USDCHF next move:
The asset is approaching an important pivot point 0.9016
Bias - Bullish
Safe Stop Loss - 0.8986
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal -0.9066
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBP/JPY: Recent Bullish Move Fails to Break the 192.00 Level Since February 11, the British pound has gained more than 2.5% against the Japanese yen. However, the recent bullish momentum has struggled to break through the key resistance level, and now a new correction in favor of the yen appears to be underway.
Central Bank Policies Remain Crucial
The ongoing monetary policy divergence between the Bank of England (BoE) and the Bank of Japan (BoJ) is a crucial factor in this market scenario.
On February 6, the Bank of England decided to keep its interest rate steady at 4.5%. However, it remains unclear whether the BoE will maintain this policy in future decisions.
On the other hand, Japan's monetary stance has become increasingly aggressive. In January 2025, the Bank of Japan raised its interest rate to 0.5% , the highest level since 2008 and the BoJ has signaled a more aggressive tightening approach, aiming to strengthen the yen and make it more competitive against its peers.
In the long run, Japan’s new aggressive policy stance has played a key role in the recent downward movements in GBP/JPY.
Higher returns in a traditionally safe market like Japan attract greater demand for the yen, reducing the appeal of the pound.
As long as Japan maintains this hawkish policy and uncertainty persists regarding the BoE’s future rate outlook, it is likely that yen demand will continue to grow, this could reinforce downward pressure on GBP/JPY.
Consistent Downtrend:
Since July 2024, the GBP/JPY pair has followed a sustained downtrend, which at some points has turned into a sideways movement between the 192.427 resistance level and the 187.328 support level.
The current bearish bias has been strong enough to produce lower highs, keeping the price within a long-term downtrend in the short term.
However, if the price moves back toward the 194.323 zone, where the 100-period and 50-period moving averages converge along with the downtrend line, it could signal a threat to the ongoing bearish trend. If buyers manage to push the price back to this level, it could be a important warning sign.
ADX Indicator:
The ADX line is oscillating near the neutral 20 level, indicating that the last 14 periods lack a strong directional trend.
This can be explained by the recent bullish rebound, which failed to break through resistance.
If the ADX remains at this level, the price may continue in a prolonged sideways trend over the next few trading sessions.
RSI Indicator:
A similar scenario is unfolding in the RSI, where the line is hovering around the neutral 50 level.
This indicates that bullish and bearish impulses from the last 14 periods are in balance.
This could reinforce a lack of clear direction for GBP/JPY in the 190.00 zone in the near term.
Key Levels to Watch:
192.427 – Near-Term Resistance:
This level represents the most significant neutral area in recent months and aligns with the 38.2% Fibonacci retracement level.
If price reaches this level again, it may struggle to break through due to strong resistance at both 192.427 and 194.323, where several technical indicators converge.
That said, a breakout above this entire zone could trigger a major bullish move in the long term.
187.328 – Key Support:
This level marks the lows recorded since July 2024.
A bearish breakout below this level could lead to new lows in the short term and reinforce the bearish bias established since December.
198.525 – Long-Term Resistance:
This distant resistance level aligns with the 61.8% Fibonacci retracement.
If price eventually rallies to this level, it would completely invalidate the ongoing downtrend in GBP/JPY.
By Julian Pineda, CFA – Market Analyst
Anticipating a EUR/USD Pullback from a Rising Wedge FormationSetup Overview: The EUR/USD chart shows a rising wedge pattern, which is typically considered a bearish reversal pattern. This suggests that despite the recent uptrend, the pair could be poised for a downward reversal. The blue arrow indicates a potential future path for price action, suggesting that after rising slightly within the wedge, the price might break lower.
Trade Strategy:
Entry Point: Look for a confirmation of a price breakdown below the lower trendline of the wedge before entering a short position. This breakdown should ideally occur with increased volume or other bearish indicators like a bearish candlestick pattern.
Stop Loss: Set a stop loss just above the last swing high within the wedge or at the upper trendline of the wedge to protect against potential reversals to the upside.
Take Profit: The first target can be set near the 0.382 Fibonacci retracement level from the wedge's start to the breakdown point. Additional targets could be placed at the 0.618 and 0.786 Fibonacci levels if the downward movement gains momentum.
Risk Management: Monitor key economic releases or market events that could impact the EUR/USD pair, as these might trigger volatility that could either enhance the trade or cause unexpected reversals. Adjust stop losses and take profit levels accordingly as the trade progresses.
This setup is based on typical behaviors associated with rising wedge patterns and anticipates a return to lower support levels, providing a strategic entry for a short position with clearly defined risk and profit targets.
GBP/USD Long - Bullish Flag Breakout Trading Strategy Trade Setup: The yellow arrow on the chart points out a breakout from a bullish flag pattern. This is typically a continuation pattern suggesting that the previous upward trend may resume. The current position above the 0.236 Fibonacci retracement level from the recent high indicates strong momentum. Given the scenario, an extension of the uptrend is plausible, particularly if fueled by strong and positive U.S. economic data.
Entry Point: Consider entering a long position if the price retraces slightly to the nearest Fibonacci level, which offers a good risk-reward ratio, ideally around the 0.382 or 0.5 retracement levels from the most recent high swing.
Stop Loss: A sensible stop loss could be placed just below the 0.618 Fibonacci retracement level of the latest upward swing to safeguard against unexpected reversals and minimize potential losses.
Take Profit: Targets for taking profits could
be set near the 1.272 and 1.618 Fibonacci extension levels of the latest upward swing. These levels often act as resistance in a strong trend, providing logical points to secure gains.
Risk Management: Monitor the strength of the U.S. data releases as they can directly influence market sentiment and price action. Positive data may further fuel the bullish momentum, supporting the trade, whereas disappointing data could weaken the setup.
Additional Strategy: Keep an eye on the behavior of the price as it approaches key Fibonacci levels. If the price shows signs of stalling or reversing at these levels, consider tightening your stop loss to protect profits or possibly taking partial profits to reduce exposure.
This strategy aligns with the observed bullish flag breakout and the potential continuation of the uptrend, leveraging Fibonacci levels for strategic entry and exit points, all while considering the impact of economic data releases.
NZDSGD at Key Resistance – Potential Sell SetupOANDA:NZDSGD has reached a clear resistance zone, an area where price has previously struggled to break through. This level has historically acted as a strong supply zone, making it a key area to watch for potential reversals.
If sellers step in and confirm a rejection from this resistance, we could see a move lower toward the 0.76570 level, which aligns with the current market structure. However, a strong breakout above this resistance could invalidate the bearish outlook and signal further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
IDEA EURJPY SHORT POSITION Hi Traders
Pair: EURJPY
📈 Position: SHORT (SELL)
✅ Entry: 158.800
🔺 SL: 159.150 (-35 pips )
🎯 Take Profits:
• TP 1: 158.450
• TP 2: 158.100
• TP 3: 157.750 Trailing SL)
17-02-2025 _ Short Term Bearish Idea _ GBPCHF H11- Divergence
2- Followed by Convergence
3- Pullback has happened.
4- One can expect continuation to the downside.
THOUGHTS ON GBP/CHFGBP/CHF 4H - Price is quite evidently bullish on the higher timeframes and therefore has given us the bias to buy into this market, I have gone ahead and found an area of Demand for price to pullback down and into.
We want to see price come and correct itself, trading us lower in the market, this will give us the ability to capitalise in long positions and trade along side the prevailing trend.
Because we have an area of Demand marked out we are able to get involved with a refined entry will give us better RR odds on the trades we do place. You can see the higher timeframe low set to the left of our screen, that was to clear orders.
Seeing price show weakness to the upside here gives me the confluence to suggest that price is going to put in this fractal correction so I feel this trade set up will be ready to execute in the coming days.
EURUSD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring EURUSD for a buying opportunity around 1.04300 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.04300 support and resistance area.
Trade safe, Joe.
GBPUSD Potential UpsidesHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.25600 zone, GBPUSD is trading an uptrend and currently is in a correction phase in which it is approaching the trend at 1.25600 support and resistance area.
Trade safe, Joe.
GBPCHF - Long active !!Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I expect bullish price action after price filled almost all the imbalance and rejected from bullish trendline + institutional big figure 1.13000. Also we have hidden divergence for buy.
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GBPCAD: Comprehensive Trading Plan⚠️ GBPCAD Analysis
This week, GBPCAD broke a key structural resistance and closed above it.
Currently, the pair is consolidating within a tight horizontal range, retesting the broken structure on the 4-hour chart.
For confirmation of a bullish intraday trend, watch for a breakout above the range resistance.
A 4-hour candle closing above 1.7924 will validate the breakout, potentially leading to a bullish continuation toward 1.7967.
GBPJPY FLAG AND PLE PATTREN 🚀 GBPJPY TRADE ALERT! 🚀
📈 Pattern: Flag & Pole Confirmed! A strong bullish continuation pattern is forming, signaling a potential breakout! 📊
🕒 Timeframe: 4H
📊 Indicator: EMA 50 – Price is holding above the 50 EMA, confirming bullish momentum!
💰 Entry: 191.800
🎯 Target: 195.200
🔒 Stop Loss: Below 191.000 (Adjust based on risk tolerance)
⚖️ Risk-Reward Ratio: Maintain at least 1:2 for smart trading!
📉 Risk Management: Use proper lot size, avoid overleveraging, and secure profits with trailing stops!
📢 Why This Trade?
✅ Flag & Pole Pattern: A strong bullish trend followed by consolidation signals a breakout!
✅ EMA 50 Support: Price respecting the EMA, confirming strength!
✅ Momentum Confirmation: High probability of continuation toward the target!
🔥 Don't Miss This Sure Shot Opportunity! Trade Wisely! 🔥
#ForexTrading 📊 #GBPJPY 🚀 #TradeSmart ✅ #RiskManagement #FlagPolePattern
NZDUSD📉 NZDUSD Short Trade Executed: Initiated a sell position on NZDUSD, anticipating further downside due to recent economic indicators. The Reserve Bank of New Zealand's decision to lower the Official Cash Rate by 50 basis points to 3.75% suggests a dovish monetary stance. Additionally, the pair is encountering resistance around the 0.5738 level, indicating potential for continued bearish momentum.
