Swing Short for GBPCADEntry: 1.8 TP1: 1.741 TP2: 1.69 TP3: 1.637 SL: 1.843 Price has reached major resistance levels, expecting the trend to turn bearish from here.Shortby CJBlueNorther115
USDJPY Is Bouncing Toward The NWOGLike many other currency pairs on the US dollar, USDJPY also opened with a downgap this week. This was still not closed and turned out to be a break-away gap with further price losses. The upcoming decision in the race for the US presidency is likely to be accompanied by high volatility. We expect USDJPY to close its gap soon. This assumption is also based on the fact that the price reacted with a bounce after reaching a Fibonacci retracement at 151.36.Longby OchlokratUpdated 2
Wed 6th Nov 2024 AUD/CHF Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CHF Buy. Enjoy the day all. Cheers. JimLongby JAGfx0
EURUSD BUY PROJECTION EURUSD has the been in an uptrend after the breakout and CHOCH from the downtrend to uptrend. I expect price to retrace back to the 50% retracement zone of the Fibonacci channel and go long. Longby Silveryekerete334
GBPUSD BUY PROJECTION GBPUSD has been on the downtrend and we can see a breakout which causes a CHOCH and I expect price to retrace to the last BOS before going long. Longby Silveryekerete112
GBPJPYHey traders, this is Rogue_Trader007. GBPJPY has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level. Making this a strong BUY.Longby Rogue_Trader0073
USDCHF SHORTUSD is displaying a temporary weakness across the pairs. Hence taking advantage of the US election day volatility by shorting it against a strong currency; the Swiss francShortby eddyfursy226
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66450 zone, AUDUSD is trading in a down trend and currently is in a correction phase in which it is approaching the trend at 0.66450 support and resistance area. Trade safe, Joe.Shortby JoeChampionUpdated 2213
EURAUD to turnaround?EURAUD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. We look for a temporary move lower. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.6500. We look to Sell at 1.6500 (stop at 1.6550) Our profit targets will be 1.6380 and 1.6350 Resistance: 1.6500 / 1.6550 / 1.6600 Support: 1.6400 / 1.6350 / 1.6300 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA4
6-11 ProbelegAUDUSD 6-11: New trend that we are cautiously entering in connection with the US elections. The pair is moving from a downtrend with higher highs to an uptrend. We executed a buy at 0.664.Longby Probeleg3
USD JPY 240 PIPS CORRECTION AFTER US ELECTIONS | WEAK DOLLAR BASED ON THE SIMPLEST MARKET UNDERSTANDINGS series of lower lows and series of lower lows and lower highs started 240 pips correction and short term bearish rally for the sellers lets see what kind of surprise we get its not a financial advice i myself a student till the last day of trading in forex market so i advise all of you to manage your risk and trade responsibly Shortby MSK-5523
GBPJPY potential shortShort GBP/JPY at 196.55, I'm anticipating a reversal from this previous support level, with a take-profit target at 194.70. Technical Overview: Previous Support as Resistance: The 196.55 level previously acted as support and is now expected to serve as resistance, a common technical pattern where broken support levels become resistance. Recent Price Action: GBP/JPY has recently approached this level, suggesting a potential reversal.Shortby EleazarahmathUpdated 2211
EURCAD 4hr LongEURCAD ✅ 4hr Long ✅ 💰ENTRY: 1.51340 👎STOP LOSS: 1.50980 TP TARGETS ⏰TP1: 1.51695 ⏰TP2: 1.52066 ⏰TP3: 1.52426 ✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10,50,200 EMAs. ✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles. ✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema. This is a great example of the Swing Low Engulfing strategy.Longby angelvalentinx2
EURAUD 4hr LongEURAUD ✅ 4hr Long ✅ 💰ENTRY: 1.64758 👎STOP LOSS: 1.64298 TP TARGETS ⏰TP1: 1.65225 ⏰TP2: 1.65685 ⏰TP3: 1.66132 ✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10,50,200 EMAs. ✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles. ✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema. This is a great example of the Swing Low Engulfing strategy.Longby angelvalentinx1
AUDUSD H1 - AUD Strongest Currency Against USD Weakest = UpTrendThis indicates which currencies are GAINING value and which currencies are LOSING value. As a result, we see which pairs to trade. By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts. --- This layout displays the Value, Performance and Pressure behind each currency. Let's break it down by panel. -- In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies. We see the performance of all 8 major currencies. Most recent bars: AUD (Orange line) is the strongest currency. USD (Red line) is the weakest currency. So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down). -- In the second panel: Indicator 'Currencies' / Settings: Pair Performance. We see the Performance of the 2 currencies of the pair on chart. The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background. The brighter the color in background = The higher is the performance for the pair on chart. -- In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.) Resistance was broken and retested. Resistance became support. -- In the 4th panel: Indicator 'Currencies' / Settings: Pressure. We see the Pressure behind each currencies of the pair on chart. The Higher is the line = More Upside pressure. The Lower is the line = More Downside pressure. -- 5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD). Displays the Value of the AUD + Intensity Background (Up/Down) 6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD). Displays the Value of the USD + Intensity Background (Up/Down) Strategy for 5th and 6th panels: Blue Background (One Currency Gaining Value) AGAINST Red Background (One Currency Losing Value) = Pair Trending. (If you want to learn more about this, we have recorded a video. Comment 'Video'.)Longby ascension225
GBPJPY - Short idea.GBPJPY - Short day trade idea. PDH Liq, Orderflow, OB --> OB + FVG, Liq to target. Shortby Arel_KaUpdated 226
USDCAD H4 LONG TERM Buying TRADE IDEAHello Traders In This Chart Usdcad HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD 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 Channel Longby ForexMasters2000Updated 228
GBPCAD is in the bearish directionHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD 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 ChartLongby ForexMasters2000Updated 114
USDCHF Channel Down bottom buy signal.USDCHF is trading inside a (1h) Channel Down with the price currently rebound after a bottom test. This is a short term buy signal that will be confirmed upon a MA50 (1h) break out. Trading Plan: 1. Buy if the MA50 (1h) breaks. Targets: 1. 0.86650 (+0.67% rise like the previous three rallies. Tips: 1. The RSI (1h) is already over its MA trend line. Possibly an early bullish signal. Please like, follow and comment!!Longby TradingBrokersView2
AUDUSD H1 - AUD Strongest Currency Against USD Weakest = UpTrendThis indicates which currencies are GAINING value and which currencies are LOSING value. As a result, we see which pairs to trade. By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts. --- This layout displays the Value, Performance and Pressure behind each currency. Let's break it down by panel. -- In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies. We see the performance of all 8 major currencies. Most recent bars: AUD (Orange line) is the strongest currency. USD (Red line) is the weakest currency. So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down). -- In the second panel: Indicator 'Currencies' / Settings: Pair Performance. We see the Performance of the 2 currencies of the pair on chart. The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background. The brighter the color in background = The higher is the performance for the pair on chart. -- In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.) Resistance was broken and retested. Resistance became support. -- In the 4th panel: Indicator 'Currencies' / Settings: Pressure. We see the Pressure behind each currencies of the pair on chart. The Higher is the line = More Upside pressure. The Lower is the line = More Downside pressure. -- 5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD). Displays the Value of the AUD + Intensity Background (Up/Down) 6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD). Displays the Value of the USD + Intensity Background (Up/Down) Strategy for 5th and 6th panels: Blue Background (One Currency Gaining Value) AGAINST Red Background (One Currency Losing Value) = Pair Trending. (If you want to learn more about this, we have recorded a video. Comment 'Video'.) Longby ascension112
GBP, HUGE UPSIDE! Back to Long-standing 38-year support!!!I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on April 1985. The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain. Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement. Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction. Confidence on this pair's long term direction is firm. A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible. Spotted at 1.25 TAYOR. Safeguard capital always. Longby JSALUpdated 101045
EURJPY - NON trending market with Support and Resistance PlayingMarket is non trending. we have drawn support and resistance. Buy STOP and Sell stop pending orders have been placed accordingly with RR 1:1 and 1:2 by hmuhammadumer953