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RBNZ lowers rates by 50 bps, NZ dollar gains groundThe New Zealand dollar has posted gains on Wednesday.  NZD/USD is trading at 0.5721 in the European session, up 0.31% on the day. The Reserve Bank of New Zealand slashed the cash rate by 50 basis points, bringing the cash rate to 3.75%.  The markets had priced in the cut at 90% so there was no surprise at the jumbo cut.  This lowered the cash rate to its lowest level since Nov. 2022.  The RBNZ demonstrated again that it can be aggressive, as it has cut rates by 175 basis points since the easing cycle started last August. The New Zealand dollar is stronger on Wednesday, which is somewhat surprising, given the jumbo rate cut and the RBNZ's signal that further rate cuts are on the way in the coming months. The rate statement noted that the members were confident lowering rates as CPI remained near the midpoint of the 1%-3% target band.  At the same time, members expressed concern that economic activity in New Zealand and abroad were "subdued" which posed a risk to economic growth. The statement also made a brief mention of "trade restrictions" which could dampen economic growth.  No mention was made of US President Trump's tariff threats but policymakers are clearly concerned that US tariffs, even if not aimed directly at New Zealand, could chill the global economy and hurt the country's key export sector. In a follow-up press conference, Governor Adrian Orr said that the Bank expected to lower the cash rate to 3% by the end of the year.  This forecast was lower than the November projection of 3.2% by year's end.  The central bank is expected to deliver smaller rate cuts of 25-bps in the coming months. NZD/USD is testing resistance at 0.5713.  Above, there is resistance at 0.5731 0.5686 and 0.5668 and the next support levels
by OANDA
1
GBPJPY - LongGBPJPY Analysis - LONG 👆 In this Chart GBPJPY H4 Timeframe: By Nii_Billions. ❤️This Chart is for GBPJPY market analysis. ❤️Entry, SL, and Target is based off our Strategy. This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts. The strategy uses technical and fundamental factors, and market sentiment to predict a BULLISH trend in GBPJPY, with well-defined entry, stop loss, and take profit levels for risk management. 🟢This idea is purely for educational purposes.🟢 ❤️Please, support our work with like & comment!❤️
Long
by Nii_Billions
2
EUR/USD Heads into Swing Resistance EUR/USD has edged higher in recent sessions, but the pair is now pressing into a key resistance zone. Let’s break down why this level matters and how traders can navigate the next move. Testing the Waters: Is This a Breakout or a Range Play? After a sharp decline in late 2024, EUR/USD started the year with a strong rebound from trend lows in January. Those lows were retested in early February and held firm, setting the stage for last week’s steady gains. Now, the pair is challenging the late-January swing highs—an area that could determine the next phase of price action. This resistance zone is significant for three reasons. First, it aligns with the broader downtrend—despite the recovery, EUR/USD remains in a long-term bearish structure until it can break above a key swing high. A decisive move beyond this level could signal the start of a trend shift. Second, it coincides with the volume-weighted average price (VWAP) anchored to the highs before the downtrend began. VWAP often acts as a battleground between short-term momentum and long-term weakness—whether buyers can push through or sellers reassert control will be telling. The third, and perhaps most likely, scenario is that EUR/USD remains range-bound, with the early February bounce marking the lower boundary of consolidation. If resistance holds, traders may find opportunities to "play the range" by watching for lower timeframe rejection patterns within this key zone. For now, RSI is climbing but remains below overbought territory, leaving room for further upside if momentum persists. However, should resistance hold firm, the broader range-bound structure could remain in play, keeping EUR/USD trapped between these key technical levels. EUR/USD Daily Candle Chart Past performance is not a reliable indicator of future results EUR/USD Hourly Candle Chart Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
by Capitalcom
USD/JPY H1 | Heading into overlap resistanceUSD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 152.13 which is an overlap resistance. Stop loss is at 152.54 which is a level that sits above an overlap resistance. Take profit is at 151.36 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
Cable H4 | Falling to pullback supportCable (GBP/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.2562 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.2490 which is a level that lies underneath a pullback support. Take profit is at 1.2660 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
EURUSD Trade Analysis 2 Macro LondonEURUSD Trade Analysis 2 Macro London Asia creates equal lows in a discount. Price comes up to the 50% and creates session equal highs. For 2 hours spools in a tight range. By 12:30 it aggressively rallies past the 50 to equal highs and into a noted FVG. By 1:30 it peaks and breaks down in a premium. Creates a FVG and 2 candle spikes into it and on previous days MOG. (All seen on a LTF) Model review Liquidity from previous session is taken Price is in a session premium Price rebalanced a FVG Created a FVG to go it to at 2 Price is breaking down in a macro with a identified session bias DXY was in a discount providing confidence it would seek out the 50 level-which it did. 3 sell side targets for scaling Current range bias in Asia was on the 50, and price went above tricking traders we are going long so they can deal their shorts. This is classic ICT 2022 and other blended ideas. It does not get more perfect than this. The hesitation is not sticking to my parent bias which is bull. And yet I suspected this week we could see lower prices as price could gravitate to the current range 50 seeking liquidity. A nice 20 pips consistently is what Im working towards.
by LeanLena
GBPUSD - Ascending Triangle Breakout?GBP/USD is currently consolidating within an ascending triangle formation on the 1-hour timeframe, suggesting a potential bullish breakout. Price has been respecting the horizontal resistance around 1.2641 while forming higher lows, indicating strong buying pressure building up. A breakout above 1.2648 could open the path toward the next key resistance at 1.2688. If price breaks below the ascending trendline, key support levels to watch are 1.2548 and 1.2501. A confirmed breakout with volume could present a solid long opportunity, while a breakdown may invalidate the setup. Will the bulls push GBP/USD higher, or will the bears take control? Let me know your thoughts in the comments!
Long
by Marc_Thiart
GBP/USD Maintains Short-Term Uptrend – Can It Break Higher?GBP/USD continues its short-term uptrend, trading steadily around 1.2600 during Friday’s session. The bullish momentum is mainly driven by positive UK economic data and a slightly weaker USD, allowing the British pound to maintain its recovery. From a fundamental perspective, the UK labor market remains stable. The unemployment rate holds at 4.4%, while employment increased by 107,000 in the last three months of 2024. These strong figures reinforce expectations that the Bank of England (BoE) may continue its cautious monetary policy, rather than rushing to cut interest rates like the Federal Reserve (Fed). From a technical analysis standpoint, the bullish trend remains intact as GBP/USD trades within an ascending price channel and above the EMA 34 and 89, indicating that buying pressure remains dominant. Currently, GBP/USD is testing a key resistance level at 1.2600. If it breaks above this zone, the next targets will be 1.2650 - 1.2700.
Long
by Lana_Scalping
GBP/USD Analysis & Key Trading Zones🚀 GBP/USD is at a crucial point, showing signs of potential movement. Here’s what to watch: 🔹 Daily Structure: GBP/USD remains in a choppy range, showing indecision at key price levels. Major liquidity zones remain below recent lows, making downside sweeps possible before any bullish continuation. 50% retracement level aligns with the next area of interest, suggesting a potential reaction point. 🔹 4H Structure & Liquidity Grabs: The pair has tapped into a fresh 4H demand zone, which could fuel the next upside move. Internal liquidity sweeps suggest GBP/USD may be gathering momentum for a push higher. If price breaks a key 1H fractal high, it could confirm a shift in structure. 🔹 Key Levels to Watch: ✅ Support Zones: 1.2600 - 1.2580: Potential liquidity grab & bounce zone. 1.2550: Deeper support for high-probability longs. ❌ Resistance Zones: 1.2680 - 1.2700: A key supply area. 1.2750: Break above = bullish confirmation. 🔹 Trading Plan: 📊 If GBP/USD retests demand & holds, long positions targeting 1.2680+ are valid. 📊 If the dollar index weakens further, GBP/USD may see additional bullish momentum. 📊 If support fails, look for a break-and-retest of 1.2550 before considering longs again. ⚡ What’s your bias on GBP/USD? Bullish or Bearish? Drop your thoughts below! 👇📉📈 #GBPUSD #ForexTrading #PriceAction #SmartMoney #Liquidity #TradingView
by theunscriptedacademy