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Will EUR/USD Flag Its Way to the Next Level?4H Market Outlook – EUR/USD After analysing the 4-hour chart, it’s clear that EUR/USD is riding a strong uptrend — and let’s be honest, we’re not sure how many accounts this rally has humbled so far! 😅 Currently, price is trading above a well-respected ascending trendline, which has provided solid support multiple times in recent sessions, further confirming bullish strength. Heading into next week, we expect a shallow retracement toward the 38.20% – 50.00% Fibonacci zone, which would be a healthy pause before potentially completing one of several bullish continuation patterns: • Bullish Flag • Falling Broadening Wedge • Falling Wedge Once the pattern matures and price breaks out, don’t be surprised if EUR/USD says “hi” to our next upside target with confidence. On the flip side, if price breaks below the ascending trendline, this could trigger a deeper pullback — first toward the 78.60% retracement, and if that fails to hold, we may see further downside toward 0% and even the 127.20% extension level. ⚠️ Always respect your risk management rules. They’re your trading seatbelt — protecting your capital and preserving your profits. Happy Trading, SpicyPips
Long
by SpicyPips
2
EURUSD Holds Below 3-Year HighsAs the U.S. dollar lingers near 3-year lows, the euro is testing 3-year highs—holding critical resistance zone at 1.1520. This level marks a pivotal point, further challenging the broader downtrend that has shaped the EUR/USD chart since 2008. A confirmed breakout above 1.1520 could open the door to further upside toward 1.17 and 1.20, revisiting the highs last seen in 2021. Should the euro fail to break higher and begin to retreat, key support levels to watch include 1.1270, 1.1140, 1.1000, and 1.0920. A potential pullback may be amplified if overbought momentum begins to fade—particularly as the current 3-day RSI levels echo those last observed in 2020. Written by Razan Hilal, CMT
by FOREXcom
New Uptrend Forming — CADCHF Buyers May Be Stepping InCADCHF 12H TECHNICAL ANALYSIS 🔍 🧠 New Uptrend Forming — Buyers May Be Stepping In Below 0.59345 OVERALL TREND 📈 SHIFTING TO UPTREND — After weeks of falling prices, CADCHF is showing signs of turning around. Momentum might be changing in favor of buyers. 🔴RESISTANCE LEVELS 🔴 0.64072 — Pivot High | Seller's Stoploss 🔴 0.63787 — Sell Zone II (Lower high) 🔴 0.63211 — Sell Zone I (First trouble spot for buyers) 🎯TARGETS FOR BUYERS (TP = Take Profit) 🎯 0.62920 — BUY ORDER & TP 4 🎯 0.61817 — BUY ORDER & TP 3 🎯 0.61191 — BUY ORDER & TP 2 | Mid-Pivot 🎯 0.60212 — BUY ORDER & TP 1 🟡SUPPORT LEVELS 🟡 0.59345 — First Buy Zone (current price) 🟡 0.59210 — Support Level 🟡 0.58598 — Buy Zone II (lower entry) 🟡 0.58482 — Minor Support 🟡 0.58310 — Pivot Low | Buyer's Stoploss 🤓WHAT THE CHART IS TELLING US Price recently bounced off 0.58310 — showing buyers are protecting this level Multiple buy orders are lined up between 0.58482 and 0.59345 If price moves above 0.60212, buyers may push toward 0.61817 or higher If price falls below 0.58310, the setup may no longer be valid TRADING IDEAS FOR BEGINNERS 🧭 📈 Look to buy if price stays above 0.58598 and moves toward 0.60212 📉 Avoid buying if price starts closing below 0.58310 👀 Watch the area between 0.59345 and 0.60212 — it could be the launchpad for the next move up 📋RECOMMENDED SETUPS SAFE APPROACH (Beginner-Friendly): — Buy Around: 0.58598 — Take Profit: 0.60212 / 0.61191 / 0.61817 — Stop Loss: Below 0.58310 QUICK SCALP OPTION (Faster Trades): — Buy on a bounce from 0.59210 or 0.58598 — Target: 0.60212 — Stop Loss: Just under 0.58310 “Be patient. Be consistent. Be disciplined. That’s how you grow.”
Long
by ProfessorCEWard
EUR/USD 1-Hour Breakout Trade SetupTrade Overview I'm sharing a breakout trading opportunity on the EUR/USD pair on a 1-hour timeframe, currently priced at 1.13698. This setup targets a potential breakout from a descending channel, offering a clear risk-reward scenario. Chart Analysi Descending Channel: The price is approaching the upper boundary of a descending channel, marked by a blue trendline. This suggests a possible breakout or reversal. Resistance Zone: A key resistance is identified around 1.13714 (purple horizontal band), where the price recently faced rejection. Support Zone: Support lies near 1.13680 (lower purple band), serving as a potential stop-loss or entry adjustment level. Breakout Plan: If the price breaks above 1.13714, I plan to add 0.3 lots ("Add 0.3 L near"), adjusting the stop-loss to this level ("SL to new Position") to lock in profits. This is a breakout trade with a focus on risk management. I'll enter on a confirmed break above 1.13714, scaling in with 0.3 lots, and trail the stop-loss to the entry level. The setup leverages the channel's upper boundary for a high-probability move, with the SMA providing additional confluence. Risk Management Initial SL: 1.13680 (below support). Adjusted SL: 1.13714 (post-breakout). Target: Dependent on channel breakout strength, aiming for the next resistance or a 1:2 risk-reward ratio. Let’s see how this plays out—feel free to share your thoughts or follow along!
Short
by yuvawealth
EURJPY Hovers Near Mid-Range — Buyers Reload Below 162EURJPY DAILY TECHNICAL ANALYSIS 🎯 🧠 EURJPY Hovers Near Mid-Range — Buyers Aim to Reload Below 162 OVERALL TREND 📈 UPTREND — Price structure is forming higher pivot lows with rejection from the March 2024 lows. Bullish intent is sustained unless structure breaks below 153.16. 🔴RESISTANCE 🔴 175.428 — SELL STOPLOSS | PIVOT HIGH 🔴 175.046 — RESISTANCE (MAJOR) 🔴 174.327 → 172.100 — SELL ORDER RANGE 🔴 166.558 — RESISTANCE (MINOR) 🎯ENTRIES & TARGETS 🎯170.975 — BUY ORDER & TP 4 🎯166.924 — BUY ORDER & TP 3 🎯164.296 — BUY ORDER & TP 2 (MID PIVOT) 🎯160.511 — BUY ORDER & TP 1 🟢SUPPORT 🟢 156.830 — SUPPORT (PROXIMAL) 🟢 156.642 → 154.277 — BUY ORDER RANGE 🟢 154.837 — SUPPORT (MAJOR) 🟢 153.164 — BUY STOPLOSS | PIVOT LOW 📌STRUCTURAL NOTES Price recently stalled beneath the 162.000 zone — consolidation here indicates indecision, but no structural break yet Triple rejection noted between 160.51 → 166.92 range, with multiple higher lows beneath — suggesting accumulation Sellers activated at 172.10 and 174.32 levels, both aligned with visible pivot highs Mid Pivot at 164.296 is a key inflection point — watch for buyer-seller battle here TRADE OUTLOOK 🔍 📈 Long bias maintained above 160.51 and especially if price confirms a bounce from 156.64 or 154.27 zones. 📉 Bearish momentum could resume if price fails to hold above 153.16, breaking the most recent pivot low.\ 🏆 High reward setups exist between 154.27 → 160.51 for re-entry into the broader uptrend 🧪STRATEGY RECOMMENDATION CONSERVATIVE SWING SETUP (Trend-Following): — Buy Entry: 160.51 — TP Levels: 164.29 / 166.92 / 170.97 — SL: 153.16 AGGRESSIVE REVERSAL SCALP: — Buy Zone: 154.27 or 156.64 — TP: 160.51 / 164.29 — SL: Below 153.16 “Discipline | Consistency | PAY-tience™”
Long
by ProfessorCEWard
USDHKD 7.75 and 7.85 PEG RANGE USDHKD is waking up and we're getting early signals of a run toward 7.85 This pair moves in slow motion, but right now the setup is clear as price is grinding higher after bouncing perfectly from our key level. HKMA’s 7.85 weak-side peg is acting like a price magnet when the Fed stays hawkish = fuel for this move Most traders ignore this pair because it’s pegged and low volatility but that’s exactly why it works. Institutions trade this range relentlessly for easy profits. We’re riding the momentum until HKMA steps in.
Long
by AnthonyAaron
USDCAD Forecast: Key Levels in SightFollowing softer Canadian CPI data, the Bank of Canada held interest rates steady at 2.75%, sending USDCAD toward the 1.3820 support level — an area that aligns with the November 2024 lows and a key resistance zone extending back to the highs of September 2022. The 1.3820 low aligns with the 0.272 Fibonacci retracement of the uptrend from May 2021 to January 2025. This support also coincides with RSI levels not seen since 2021. A sustained hold and reversal from this zone may push the pair toward 1.4040, 1.4150, 1.4350, and eventually 1.4500. On the downside, a firm break below 1.3820 could open losses toward 1.3670, 1.3570,1.3430, and 1,3270. Written by Razan Hilal, CMT
by FOREXcom
Lingrid | GBPJPY short-term BULLISH move from the SUPPORTThe price perfectly fulfilled my last idea . FX:GBPJPY price is making higher low and higher highs showing bullish trend on the 1H timeframe. The market seems to be moving sideways below the psychological level at 190.000, which means that the market may retest the zone above it because the prices tend to consolidate at key levels before the breakout. Furthermore, the price moved above the previous month's low after massive sell off in the market. I think the price may spike upward to retest the trendline and previous week high. My goal is resistance zone around 190.000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5
AUDCAD short setupAUD/CAD Short Trading Plan (Daily Timeframe) Simple Setup: Wait for price to approach and test the 20-day SMA (currently around 0.88419) Look for a clear rejection from this level, shown by a bearish daily candle Major resistance zone: moving average, and resistance retest Break of support level Entry: Enter short on daily close below 0.88419 after MA rejection or bearish candle Stop Loss: Place stop 80 pips above entry or just above the 0.9000 resistance Take Profit: TP1: 0.8620 TP2: 0.8510 Key Rules: Only enter if daily candle shows clear rejection from SMA Maintain 1:2 risk-reward ratio minimum Be patient and wait for proper setup on daily timeframe Monitor daily close for confirmation
Short
by aryoTraderX