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CAD/CHF Short Setup - Supply Zone RejectionI'm looking at a potential short opportunity on CAD/CHF as price approaches a key daily supply zone, which was previously a demand zone. The pair has been in a broader downtrend followed by a consolidation that went of for weeks, and with the recent break of structure, I anticipate a rejection from this area. My alert is set for when price reaches the supply zone at 0.61954, where I will be looking for confirmation to enter short positions. Key levels to watch: Daily Supply Zone: (0.61954) Target Levels: (0.60550) Invalidation: If price breaks and holds above the zone I'll be monitoring price action closely for signs of weakness before executing the trade. Let me know your thoughts!
Short
by sosaxbrodie
USD/MXN Remains Neutral Around the 20 Pesos per Dollar ZoneOver the past two trading sessions, USD/MXN has maintained a steady neutral movement, showing barely 1% total variation in price. This growing neutral bias has persisted as the market continues to await how a potential trade war could affect the Mexican peso. Recent comments from President Trump suggested that the tariffs may not officially come into effect on April 2, adding to the uncertainty. Major moves in the pair could resume as new updates on the tariff situation emerge in the coming sessions. Broad Sideways Range: The pair continues to move within a clear sideways range, between the resistance at 20.95 pesos per dollar and the key support at 20.00. Recent bearish moves have been insufficient to break through this level decisively, leaving the sideways structure dominant in the USD/MXN market. ADX Indicator: The ADX line has remained below the 20 level in recent sessions, indicating that recent movements lack the strength to be considered trend-driven. This continues to point to a neutral market environment in the pair. RSI Indicator: A similar situation is seen in the RSI, with the line hovering near the neutral 50 level, suggesting that buying and selling pressure remain in balance. For now, this neutrality is helping reinforce the support barrier currently holding in USD/MXN. Key Levels: 20.95 pesos per dollar – A key resistance level aligned with the recent highs. Sustained buying above this zone could reactivate bullish momentum and lead to a potential breakout from the current range. 20.00 pesos per dollar – The most important short-term support , matching the lower boundary of the broader sideways channel. Bearish moves below this level could lead to stronger downward pressure in the sessions ahead. 19.33 pesos per dollar – A distant support level , located around neutral price zones seen in September 2024. Selling pressure that reaches this level could confirm the beginning of a new bearish trend in USD/MXN. By Julian Pineda, CFA – Market Analyst
by FOREXcom
AUD/USD BUY zone @0.63000 H4 chart analysisHere’s a structured signal you can share with your client: AUD/USD Trade Setup Entry: 0.63000 Stop Loss: 0.62363 Target 1: 0.64000 Target 2: 0.65117 Analysis: Price is respecting the ascending channel, with support holding strong around the lower trendline. A bullish breakout is expected. Manage risk accordingly. Based on the provided chart, here are the key support and resistance levels: Resistance Levels 0.65117 (Major resistance / Upper channel boundary) 0.64000 (Key resistance / Previous swing high) 0.63500 (Intermediate resistance / Recent rejection zone) 0.63137 (Current price resistance) Support Levels 0.63000 (Entry point / Minor support) 0.62363 (Stop loss zone / Strong support) 0.62000 (Previous low support) 0.61000 (Major support / Channel bottom boundary) These levels align with the trend structure, respecting previous price actions and key zones. Let me know if you’d like further analysis or trade insights.
Long
by JAMES_GOLD_MASTER_MQL5
USDCHF - Range Reactions & Trendline Support HoldingPrice has been moving between a well-defined 1H support at 0.88016 and resistance at 0.88354, creating a clean range for intraday plays. We recently saw price reject from 1H support, bounce off the ascending trendline, and begin pushing upward with bullish momentum. The MACD is attempting a bullish crossover, indicating possible continuation to the upside. Trade Idea: • Bias: Bullish short-term • Entry: On retest of the ascending trendline or break above 0.88354 • Targets: • TP1: 0.88354 (range resistance) • TP2: 0.88600 (previous swing high) • SL: Below trendline & 1H support (~0.87900) Alternative Setup: If price rejects 0.88354 again and breaks below the trendline, a short opportunity could develop back toward 0.88016 or even 0.87892. Structure to Watch: • Range: 0.88016–0.88354 • Trendline: Currently acting as dynamic support • MACD: Watching for crossover confirmation
Long
by AutoMarkets
Attention! Key Signals in the EUR/USD Exchange Rate TrendThe EUR/USD pair has traded with a soft tone for five consecutive trading days, and the decline has expanded to 1.0776, the lowest level since March 6. However, the broad weakness of the US dollar in the middle of the European session pushed the currency pair to turn upward. In the short term, according to the 4-hour chart, although the possibility of further upward movement is low, the downside potential also seems limited. The EUR/USD found buying support around the bullish 100-day moving average but failed to break through the bearish 20-day moving average. Finally, although technical indicators show an upward trend, they remain in negative territory. EURUSD Trading Strategy: buy@1.08200-1.08500 tp:1.08900-1.09300 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7
4
EUR/GBP 4H | Sell Opportunity After Resistance Rejection The EUR/GBP pair has been in a downtrend, with lower highs and lower lows forming. Recently, price rejected a key resistance zone and is now continuing its bearish momentum. 🔎 Key Observations: ✅ Resistance Levels: 0.83598 - 0.83910 acted as a strong rejection zone. ✅ Sell Confirmation: Price has broken below minor support and is now moving downward. ✅ Bearish Expectation: The next major support target is 0.82618. 📌 Trading Plan: 🔻 Sell on pullbacks near resistance levels (0.83598 - 0.83676). 🔻 Target: 0.82618 as the next key support. 🔻 Stop-loss: Above 0.83827 to minimize risk. 🚨 Risk Management Tip: Always maintain a good risk-reward ratio and wait for confirmations. 💬 What’s your take on this setup? Are you looking to sell or waiting for a better entry?
Short
by PIPsOptimizer
Euro/USD faces rejection - Is a Bounce from Key Support Next?The EUR/USD remains in a daily downtrend and has now rejected from its previous lower high, confirming it as a strong resistance level. After sweeping the liquidity above this zone, the pair faced selling pressure and has started to decline, signaling a potential continuation of the bearish trend. However, there is a key area of interest below—the 50-day and 100-day SMAs, which are currently aligning with a major support zone. This confluence makes the area a potential bounce zone, where buyers may step in to defend the level. If price finds support here, it could trigger a bullish reaction, offering a chance for a short-term reversal or even a shift in momentum. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
by Youriverse
18
GBPJPY Bullish Breakout Setup – Eyes on 195.000+Structure: Symmetrical Triangle inside Bullish Channel Analysis: GBPJPY is currently compressing within a symmetrical triangle formation after a strong bullish rally. Price has pulled back and is respecting the ascending channel and trendline support around 193.900. MACD is flattening, suggesting potential build-up before the next push. We are watching for a bullish breakout of the triangle, with confirmation via a strong candle close above 194.200 and EMA cross to the upside. ⸻ Trade Plan: Entry: Above 194.200 on strong bullish breakout candle (23min or 1H confirmation) Stop Loss: 193.700 (below triangle structure and trendline support) Take Profit Targets: • TP1: 194.667 (recent high + trendline intersection) • TP2: 195.000 (psychological resistance + channel top) • TP3: 195.500 (extension play if momentum builds) Risk/Reward: Approx. 1:2 to 1:3 depending on entry execution ⸻ Confirmation Factors: • Triangle consolidation nearing breakout point • Bullish channel still intact • MACD showing flattening / crossover setup • Price respecting 50/144 EMA zones ⸻ Invalidation: If price breaks below 193.700 and fails to hold the ascending structure, bullish bias is off the table for now.
Long
by AutoMarkets
Lingrid | USDCAD potential Selling OPPORTUNITY Post-Sell-OffThe price perfectly fulfilled my last idea . It hit the target level. Following the bearish movement, FX:USDCAD made a pullback, and on the daily timeframe, it formed a long-tailed bar that suggests a potential retest of the zone above the 1.4200 level. After the recent drop, the market is now moving sideways, just above the previous day low. If the market breaks and closes below this low, it may retest the support zone below. However, considering that the price action remains within the weekly range, it could continue to oscillate between the upper and lower boundaries. I expect a downward move if the price holds below the upward trendline. My goal is support zone around 1.42615. Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Short
by Lingrid
9
Yen stabilizes after BoJ minutes hint at tighter policyThe Japanese yen has rebounded on Tuesday after sliding almost 1% a day earlier. In the European session, USD/JPY is trading at 150.11, down 0.39% on the day. The yen weakened to 150.94 in the Asian session, its lowest level since March 3. The Bank of Japan raised rates at the January meeting for only the third time since the central bank started its tightening cycle in March 2024. At the meeting, the Bank raised rates by a quarter point to 0.5%, its highest level since the 2008 global financial crisis. At the meeting, the BoJ revised upwards its inflation forecast as members have become more confident that rising wages will keep inflation sustainable close to the Bank's 2% target. The minutes noted that most members agreed that the likelihood of reaching the 2% target was rising. The minutes reiterated that the BoJ plans to continue to tighten policy, provided that growth and inflation outlooks match the Bank's forecasts. The BoJ has telegraphed that it plans to continue rates but has left investors guessing about a timeline. The most likely dates for the next rate hike are June or July. The BoJ held rates last week, warning of uncertainty in the global outlook, particularly the impact of the new US administration's trade policy. The BoJ is keeping a close eye on the upside risk of inflation, due to the potential of a global trade war as well as rising wages. Japan released BoJ core inflation, a key inflation indicator, earlier today. The February report came in at 2.2% y/y, unchanged from January and matching the forecast. BoJ core inflation remains at its highest level since March 2024.
by OANDA