Forex market
EURGBP SHORT FORECAST Q2 W16 D18 Y25EURGBP SHORT FORECAST Q2 W16 D18 Y25
Fun Coupon Friday !
SUMMARY
- Trading areas identified
- Long position via 4H order block + weekly wick imbalance fill alignment. 15' breaks of structure required prior. 15' order block to be created post 15' break of structure. B set up.
- Short position via weekly order block 15' order block identified.15' breaks of structure required prior & lower time frame break of structure + turn around in price actions. A Set up
FRGNT X
EURUSD (2W) | TECHNICAL ANALYSISChart Date: April 17, 2025 | Timeframe: 2-Week | Pair: EUR/USD
KEY LEVELS (RESISTANCE & SUPPORT)
Pivot High (Stop-Loss): 1.14950
Resistance (Major): 1.14154
Support I (Proximal): 1.05166
Support I (Distal): 1.04072
Support (Proximal): 0.98605
Support (Major): 0.97500
Support (Distal): 0.95936
CURVE ANALYSIS 🧾
Sell Order: 1.13982 → 1.12022
Sell TP 1: 1.08291
Sell TP 2 (Mid Pivot): 1.05155
Sell TP 3: 1.02846
Sell TP 4: 0.99278
Buy Order: 0.98421 → 0.96340
Pivot Low (Stop-Loss): 0.95360
TRADE OUTLOOK 📉 (SHORT BIAS)
Price is deep within a 2W hidden institutional supply zone
Multiple pivot highs intersect resistance at 1.13982 and 1.14950
DOWNWARD TREND confirmed ✔️
If price fails to close above 1.14950, short setups are favored with confidence
High RRR opportunity present on rejections below 1.13982 or 1.12022
Targets: 1.08291, 1.05155, 1.02846, 0.99278
ENTRY PLAN 🧠 | TRADE IDEA
Wait for bearish engulfing or strong rejection below 1.13982
Place entry below 1.12022 with SL above 1.14950
Scale out at 1.08291 (TP1), then trail toward TP4
RISK MANAGEMENT 🎯
Sell SL: 1.14950
Buy SL: 0.95360
Use ATR to confirm volatility threshold before entry
Session bias: Use London/NY overlap for execution
SUMMARY: SHORT SETUP INSTITUTIONAL ZONE 📉
If 0.64086 (hidden institutional supply) holds, and price does not close above 1.14950, we are in a prime high-probability reversal zone. This sets up a powerful bearish swing opportunity targeting 4 support layers, anchored by institutional demand between 0.97500 - 0.95360.
💡 "Discipline | Consistency | PAY -tience"
GBPUSD SHORT FORECAST Q2 W16 D18 Y25GBPUSD SHORT FORECAST Q2 W16 D18 Y25
Fun Coupon Friday!
Summary
- Weekly order block short set up
- Awaiting clear shift in price action to downside
- C setup - Short from 5' order block with confluence of daily high wick fill prior turn over in price.
- B Setup - 15' break of structure anticipating 15' creation order block creation. Solid point of interest to short from
A Setup - Multiple 15' break of structure plus all of the above
FRGNT X
Fundamental Market Analysis for April 18, 2025 USDJPYThe USD/JPY pair is down to 142.25 in thin trading session on Friday. The US Dollar (USD) is declining against the Japanese Yen (JPY) amid concerns over the economic impact of tariffs.
Data released by the Statistics Bureau of Japan on Friday showed that the national consumer price index (CPI) rose 3.6% in March, up from the previous reading of 3.7%. Meanwhile, the national CPI excluding fresh food was 3.2% y/y in March, up from 3.0% previously. The reading was in line with the market consensus.
Finally, the consumer price index excluding fresh food and energy rose 2.9% y/y in March vs. the previous reading of 2.6%. The Japanese Yen remains strong against the US Dollar as an immediate reaction to Japanese inflation data.
However, JPY gains may be limited as Bank of Japan (BoJ) officials signalled a pause in the consideration of interest rate hikes, emphasising the need to monitor uncertainty heightened by US tariff measures.
Economic data from the US on Thursday was mixed. US initial jobless claims fell to their lowest level in two months, signalling a stable labour market. In addition, the Philadelphia Fed index fell short of expectations, a warning shot from the manufacturing sector.
Trade recommendation: SELL 142.05, SL 143.40, TP 139.80
EURUSD SHORT FORECAST Q2 W16 D18 Y25EURUSD SHORT FORECAST Q2 W16 D18 Y25
Fun Coupon Friday.
Summary
- STILL with HTF Order block (weekly)
- All long positions invalid until weekly close above weekly order block
- Short positions charted
- The more breaks of 15' structure the more confluence for bearish pressure
- Lower time frame turn around in price action REQUIRED in all short positions.
FRGNT X
Could the price bounce from here?GBP/AUD is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 2.0624
1st Support: 2.0413
1st Resistance: 2.1029
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USDZAR-BUY strategy 6 horuly chart GANN The pair has been undergoing some downward pressures, but my overall indicators seems still showing upside potential. I would be careful below 18.7500 though, as this may fill the gap 18.6000 and low again.
Strategy is for now BUY @ 18.8250 - 18.8650 and take profit near 19.0450. I am not committed, except the run upwards before.
(A re-entry) NZD JPY #0014 Short Swing Trade- The failure of the price actions to break past the highest HIGH (4H) indicates exhaustion in buying interest.
- The period experienced a failed breakout of the nearby monthly LOW, indicating that this price is Bullish in the longer term on the larger picture.
- to add into perspective : 3M to 6M charts indicating a presence of Imbalanced or FVG at the top of the structure.
Our Trade:
- We are planning to absorb the correction pips (difference) between our Sell LIMIT ORDER to the Fair Value Gap (nearby liquidity pools) at the bottom of this structure.
- The intra-structure LOWS marked by "$$" indicated the areas where liquidity is expected to be hunted, these are where inexperienced retail traders tend to place their STOP ORDERS, signifying the presence of LIQUIDITY POOLS to Smart Money.
- The trade is Swing in Nature, may hold position for up to 2 days.
- Furthermore, the drop in volume along the area of Top Orderblock also indicates Exhaustion in the current buying Interest, Correction is inevitable.
- That's where we are in for - the PIPS difference
EU?
Hi,
It took +-50Dys to arrive TP 1.10
now it had extended 1.13-14
I believe.. there would be a rebalancing to 1.08-1.09
Just like Gold.. it will not respect anyone. Just doing what it wants.
You see a trade you like.. Use money management.
This is all, that I could control.
All the best
Not a guru
AUDUSD: Hidden Institutional Supply Zone in Play 6H Technical Outlook 🧠📉
Hidden Institutional Supply Zone in Play – Potential Short Opportunity Developing
INSTITUTIONAL SUPPLY ZONE – 6H
🔴 Resistance (Distal): 0.64086
🟧 Resistance (Major): 0.63971
🟠 Resistance (Proximal): 0.63914
CHART CONTEXT
Price action (PA) has tapped directly into the defined Institutional Supply Zone , showing hesitation to close above 0.64086, the Distal Resistance Line —a red flag for bulls, green light for institutional bears.
SELL SETUP: HIGH-PROBABILITY IF 0.64086 HOLDS 🧨
Current PA is stalling beneath supply zone boundaries.
0.64086 is acting as the final line of defense; if unbroken on a closing basis, we maintain strong bearish bias.
Stacked SELL ORDERS from 0.63842 to 0.63347.
DOWNSIDE TARGETS (IF SHORT TRIGGERS) 🎯
TP 1 → 0.62405
TP 2 → 0.61613 (Mid Pivot)
TP 3 → 0.61030
TP 4 → 0.60129
UPSIDE INVALIDATION LEVEL 🛑
Stoploss above 0.64086 — strong close above this level invalidates short scenario.
SUMMARY 🔍
If 0.64086 holds firm and PA fails to close above this institutional supply zone, we anticipate high probability of a sell-off from current levels. This aligns with the broader downtrend structure and stacked sell-side liquidity
💡 Alert Setup:
SL: 0.64086
SELL LIMIT 1: 0.63842
SELL LIMIT 2: 0.63347
TP: 0.62405 → 0.60129
CHF_JPY BULLISH BIAS|LONG|
✅CHF_JPY is set to retest a
Strong support level below
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above
LONG🚀
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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.
EURGBPAll major releases from the UK in the last fortnight were at least slightly surprising, with inflation and GDP unexpectedly declining slightly. At the same time, the claimant count change was much better than the consensus. Sentiment remains weak, though, with traders concerned about British public borrowing. This article summarizes recent important news from the UK, then looks briefly at the charts of GBPUSD and EURGBP
EURUSD 30M CHART PATTERNThe chart you’ve shared is a EUR/USD (Euro/U.S. Dollar) 30-minute timeframe setup, and it suggests a short (sell) trading idea within a descending triangle or channel pattern. Here's a breakdown:
Chart Analysis:
Price Pattern: Sideways/descending triangle pattern with lower highs and consistent support around 1.12619.
Current Price: Around 1.13708.
Trade Setup:
Entry: Near the top of the channel (where it is currently).
Take Profit (TP): Near the lower support line (around 1.12619).
Stop Loss (SL): Above the recent highs, near the upper trendline (~1.14165).
Implication:
The trader anticipates a price rejection at the upper trendline
EURUSD is Extending Higher in an Impulsive StructureThe EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit its projected target of 1.19. This suggests more room to grow in the long term. For now, the pair remains a good opportunity for buyers as long as it doesn’t drop below the key support level of 1.0876.
Looking at a shorter time frame, starting from March 27, 2025, EURUSD is moving in a classic five-step upward pattern. The first step peaked at 1.1146, followed by a brief dip to 1.087. The pair then surged to 1.147, and pulled back slightly to 1.126. It is now expected to push higher to complete this short-term cycle. After that, a temporary dip is likely before the upward trend resumes.
In simple terms, as long as the pair stays above 1.0876 and hasn’t reached 1.19, any short-term declines should attract buyers in 3, 7, or 11 swing looking for more gains. Traders can watch for these dips as opportunities to join the bullish trend, with the next significant moves likely to unfold soon.
LTF DistributionContinuation of previous post :
1H Range starts off this schematic by stopping the momentum at the point of the first secondary test, it fails to break the previous high and this markets goes from moving up to sideways into this TR. Each rally to previous highs reflects upside effort increasing, but upside result is decreasing indicating buyers weakness near this level. uE>, uR< = bearish indicator.
Favorable bearish confirmation would be a lower high, paired with high buy volume confirming the shift to bearish market.
NZD JPY #0009 Long Swing Trade- Trade is heavily reliant on the liquidity pools that exist surrounding the structures.
- The last month's price action indicates the failure to break the monthly current LOWS, indicating exhaustion of the selling interest and a failing in volume.
- The presence of FVG and Orderblock also signifies a price imbalance that may be corrected soon.
- Our trade is aiming to capture the price correction and place our buy limit order within the present order block.
- The trade is a SWING in Nature, and the holding period may take days to weeks.
- Divergence between the volume and the price indicates exhaustion in Buying Interest.