EUR/USDThe EUR/USD Is proving to show a weekly bearish reversal, but as you know within the weekly swing are smaller fractals that make the occasional (2H - 4H) hedge impulses. I have entered from the (1H - 2H) chart to the down side with a take profit of 1.01310 knowing that due to USA regulation I will not be able to hedge I will add lot size at the peak of every (4H) pull back
Forex market
GBPUSD short-dominated rhythm has been confirmed by most shortLong-short strength comparison model, the long side of the current foreign exchange market continues to weaken, and the short-dominated rhythm has been confirmed by most short- and medium-term accounts. Signals tracked by the model show that the share of short trading volume has increased for several consecutive trading days and started to affect the short-term trend rhythm.
In the public opinion analysis, "beginning of adjustment", "direction reversal" and "downside space" have become the buzzwords. These semantic features and concluded that the market has gradually shifted from neutral to systematic bearish expectations. to systematic bearishness.
At the same time, the system identified some related assets (e.g. commodities, carry assets) prices synchronized downward, providing cross-asset support for shorts. Sentiment is expected to continue to be bearish in the short term, and any rebound could be an opportunity for shorts to re-enter the market.
EUR-CAD Bullish Wedge! Buy!
Hello,Traders!
EUR-CAD is trading in an
Uptrend and the pair formed
A bullish wedge pattern and
Now we are seeing a bullish
Breakout from the wedge so
We are bullish biased and we
Will be expecting a further
Bullish move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD/USD Bulls Eye BreakoutThe Australian Dollar surged more than 1.8% this week with AUD/USD now testing multi-month uptrend resistance at fresh yearly highs. A four-day rally takes price into confluent resistance at the September low / upper parallel at 6622- The focus is on today’s close with the immediate advance vulnerable while below this key slope. Subsequent resistance objectives eyed at the 2019 low at 6671 and the 78.6% retracement of the broader 2024 decline at 6723.
Initial support rests with the July open at 6581 and is backed by the May high-day close (HDC) / weekly open at 6486-6506. Losses would need to be limited to this region for the late-June advance to remain viable (near-term bullish invalidation). Subsequent support seen at the June low-day close (LDC) at 6458 with a break below 6350 ultimately needed to suggest a more significant high is in place / larger reversal is underway.
Bottom line: A breakout of the July opening-range takes AUD/USD into confluent uptrend resistance- risk for topside exhaustion / price inflection here. From a trading standpoint, a good zone to reduce portions of long-exposure / raise protective stops – losses shudl be limited to 6486 IF price is heading higher on this stretch with a close above this slope needed to fuel the next leg of the advance.
Keep in mind the FOMC interest rate decision is on tap next week with Core Personal Consumption Expenditures (PCE) and Non-Farm Payrolls (NFPs) slated into the monthly cross. Stay nimble into the releases and watch the weekly closes here.
-MB
ECB holds rates as expected, Euro steadyThe euro is showing limited movement on Thursday. In the North American session, EUR/USD is trading at 1.1763, down 0.03% on the day. Earlier, the euro climbed to a high of 1.1788, its highest level since July 7.
The European Central Bank's decision to maintain the key deposit rate at 2.0% was significant but not a surprise. With the hold, the ECB ended a streak of lowering rates at seven consecutive meetings. The ECB has been aggressive, chopping 250 basis points in just over a year.
The ECB statement said that inflation was falling in line with the Bank's forecasts and that future rate decisions would be data dependent. President Lagarde has said that the easing cycle is almost down, but the markets are expecting at least one more rate cut before the end of the year.
The European Union and the United States are locked in negotiations over tariffs, with hopes that an agreement can be reached, on the heels of the US-Japan deal earlier this week. US President Trump has threatened to hit the EU with 30% tariffs if a deal is not made by August 1, but there are signals that the sides will agree to 15% tariffs on European imports, as was the case in the US-Japan agreement.
If an agreement is reached, it will greatly reduce the uncertainty around tariffs and will make it easier for the ECB to lower rates and make more accurate forecasts for inflation and growth.
In the US, Services PMI rose to 55.2 in July, up from 52.9 in June and above the market estimate of 53.0. This pointed to strong expansion and marked the fastest pace of growth in seven months. Manufacturing headed the opposite direction, falling from 52.6 in June, a 37-month high, to 49.5. This was the first contraction since December, with new orders and employment falling.
EURAUD Set To Fall! SELL!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.7917 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7840
Safe Stop Loss - 1.7966
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCAD Buyers In Panic! SELL!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.6005 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5956
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURJPY Will Explode! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 171.82
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 172.34
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBP/USD – 1H Smart Money Outlook | Bearish Scenario in Play🔹 Current Price: 1.3561
🔹 Market Structure: Bearish Bias Below Day High
🔍 Smart Money Flow Analysis
CHoCH (Change of Character) & Break of Structure (BoS) confirm bullish exhaustion and possible reversal.
Price swept Equal Highs (EQH) and tapped into Bearish Order Block (OB) near 1.3584.
Fair Value Gap (FVG) filled, followed by bearish rejection – signaling institutional selling.
🧠 Bearish Playbook
Retracement expected into FVG near 1.3571–1.3579 zone.
Price may reject again and break 1.3516 Day Low, confirming bearish continuation.
Final downside target at Bullish OB zone (1.3450–1.3460) for potential reversal or profit-taking.
🔧 Technical Confluence
RSI & Stochastic show bearish divergence + overbought exit.
MACD crossover confirms momentum shift.
Price respecting dynamic EMAs with downward slope.
📌 Trade Idea (Educational only):
🔻 Sell on retracement near 1.3570–1.3580 with SL above 1.3590
🎯 TP1: 1.3515 (Day Low)
🎯 TP2: 1.3455 (OB zone)
💡 Watch for clean market structure and FVG reaction for confirmation before execution.
EURCAD: Expecting Bearish Continuation! Here is Why
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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USDJPY: Short Trading Opportunity
USDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USDJPY
Entry - 146.78
Stop - 146.96
Take - 146.43
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CADJPY - The Bulls Are Stronger than Ever!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈CADJPY has been overall bullish trading within the rising wedge pattern marked in red.
This week, CADJPY has been retesting the lower bound of the wedge.
Moreover, the green zone is a strong weekly support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and green support.
📚 As per my trading style:
As #CADJPY approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPAUD Sellers In Panic! BUY!
My dear followers,
This is my opinion on the GBPAUD next move:
The asset is approaching an important pivot point 2.0491
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.0573
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPUSD Massive Long! BUY!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3528 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3556
Recommended Stop Loss - 1.3512
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK