EURUSD - TECH. 2Hello Traders! It's Nika.
In this technical work, as we see here, there is a few things happening at the same moment.
First thing to focus on is that we have formatting double double-head acceding triangle.
We need wait or also go short for that with small time period. After that my prediction is the price will enter that channel in price range 1.13917 - 1.13247. So, after that we can wait for the market price confirmation and only after going Buy or Sell.
After all, what we got here is two good options.
1. Open short when market will open until the price will hit "Double-head acceding triangle" bottom.
2. Go into the position after a few days, when the price will enter & left channel range 1.13917 - 1.13247.
In long time period sell and buy probability, there is price marks on chart! So, you can use it as your TP.
Thank you!
Have a profitable day. :)
Forex market
GBPJPY Breaks Higher: Bullish Momentum in PlayGBPJPY Breaks Higher: Bullish Momentum in Play
GBPJPY has broken out of a bullish triangle, signaling potential for further gains.
Yesterday, GBPJPY surged 170 pips in 10 hours, showing strong momentum.
The pair could continue rising towards 193.50 and 194.00 as accumulation seems to have ended.
The breakout is reinforced by strong UK retail sales, which came in at +1.2% vs. +0.2% expected, boosting GBP strength.
You may find more details in the chart!
Thank you and Good Luck!
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AUDCAD – breakout and short likely .. the week of 26 MayThe support zone between 0.8890 and 0.8870 has been holding firm, while this pair has been making lower highs for the past couple of weeks. Price is now below the 50ema too. The most recent bounce from the zone looks rather weak and IMO a breakout to the downside may happen in the next few days.
I see an initial target around 0.8730 with the potential to go much lower. Anything can happen in the markets, so best to monitor price action on lower time frames to look for bearish evidence before committing to a trade.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
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PERHAPS IT'S TIME TO STOP SHORTING GBPUSD LONG FORECAST W22 Y25PERHAPS IT'S TIME TO STOP SHORTING GBPUSD LONG FORECAST W22 Y25
Hey traders ✌️
welcome to your market analysis by FRGNT! 🙌
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Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
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✅Bullish weekly close above recent highs & Orderblock
✅ Within Weekly Orderblock. Potential shorts after bearish price action.
📈The rest, we leave to the balance of probabilities.
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EURJPYEUR/JPY Economic Data, Bond Yields, and Carry Trade Analysis (May 25–31, 2025)
Key Economic Data Releases (May 25–31, 2025)
Date Time (UTC) Region Event Impact Previous Consensus
May 25 18:40 USD Fed Chair Powell Speech High — —
May 25 23:01 EUR Consumer Confidence (May) Low 58.7 59.1
May 26 05:00 EUR PPI YoY (Apr) Low 0.5% 1.1%
May 26 05:00 JPY Leading Economic Index (Mar) Low 108.2 107.7
May 26 05:00 JPY Coincident Index (Mar) Low 117.3 116.0
May 26 10:00 EUR Balance of Trade (Mar) Low -€0.61B -€0.68B
May 28 06:45 EUR GDP Growth Rate QoQ (Q1) Low -0.1% 0.1%
May 28 07:55 EUR Unemployment Rate (May) High 6.3% 6.3%
May 29 05:00 JPY Consumer Confidence (May) High 31.2 31.8
May 29 23:30 JPY Tokyo Core CPI YoY (May) Low 3.4% 3.5%
Key Focus: Eurozone unemployment (May 28) and Japanese consumer confidence (May 29) are high-impact events. Fed Chair Powell’s speech (May 25) may also influence USD-driven crosswinds in EUR/JPY.
10-Year Bond Yields (as of May 22–24, 2025)
Eurozone 10-Year Yield: 3.17% (up from 3.15% previous day, 3.10% YoY) .
Japan 10-Year JGB Yield: 1.57% (up from 1.53% previous day, 1.01% YoY) .
Interest Rate Differential:3.17%(EUR)−1.57% (JPY)=+1.60% the 3.17% (EUR)−1.57% (JPY)=+1.60%
Carry Trade Advantage
The 1.60% yield spread favors the euro, making EUR/JPY attractive for carry trades. Investors borrow JPY at low rates and invest in EUR-denominated assets to profit from the differential.
Key Considerations:
Upcoming Data Impact:
Stronger-than-expected Eurozone data (e.g., GDP, unemployment) could widen the yield spread, boosting EUR/JPY.
Higher Japanese CPI or consumer confidence might tighten BoJ policy, raising JGB yields and narrowing the spread.
Technical Outlook:
EUR/JPY is sensitive to risk sentiment. Geopolitical tensions or USD volatility (from Powell’s speech) could disrupt carry trade flows.
Historical Context:
The Eurozone yield is above its long-term average (2.48%) , while Japan’s remains below its average (2.06%) , reflecting divergent monetary policies.
Summary Table
Metric Eurozone (EURO Japan (JPY)
10-Year Bond Yield 3.17% 1.57%
Interest Rate Differential +1.60% —
Key Economic Events Unemployment, GDP Consumer Confidence, CPI
Conclusion
The EUR/JPY pair is supported by a 1.60% yield differential, favoring carry trades. However, upcoming Eurozone unemployment data (May 28) and Japanese consumer confidence (May 29) could shift bond yields and the exchange rate. Traders should monitor these releases alongside broader risk sentiment to assess carry trade viability.
#EURJPY
The Swiss franc will continue to be supported by safe-haven demaThe USD/CHF fell 1.91% this week to close at 0.82107, reflecting broad USD weakness and enhanced safe-haven demand for the CHF. Driven by risk aversion, the Swiss franc has remained stable though overall volatility has been limited. As a traditional safe-haven currency, the CHF has performed strongly amid global trade tensions and is likely to continue benefiting from safe-haven capital inflows in the short term.
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Will it continue to decline?The USD/CAD traded relatively flat from Monday to Wednesday this week, but fell from Thursday to Friday due to Trump's tariff war. As two-thirds of Canada's exports are directed to the U.S., market caution about the CAD's outlook triggered the decline.
Trade War Impact
Trump's tariff policies on Canada and Mexico are expected to cause a potential drop in March exports, though February saw a temporary boost from businesses front-loading exports.
Bank of Canada (BoC) Policy
Markets price a 30% probability of a rate cut in June. Weaker-than-expected GDP data could further raise rate cut expectations.
With Canada's economy heavily exposed to the tariff war, soft GDP figures may intensify downward pressure on the CAD.
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EURUSD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.1363
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1282
My Stop Loss - 1.1405
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPJPY - Bullish Breakout Likely
The GBP/JPY 4-hour chart shows a strong bullish trend that propelled the pair from 190.50 support in early May to peaks near 196.50, followed by a healthy consolidation phase around the 192.00-194.00 range. This sideways price action has allowed momentum to reset while maintaining the underlying upward structure, with the pair successfully holding above key support at 192.00. The current positioning near the upper boundary of the consolidation range, combined with signs of renewed buying interest, suggests the correction is nearing completion. The technical setup favors a bullish breakout, with the higher probability scenario pointing toward a resumption of the uptrend targeting the previous high around 196.50 and potentially extending toward the 197.00 resistance zone.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The hedging of rate cut expectations and risk aversion sentimentThe euro rose 1.82% against the US dollar this week, closing at 1.1363, recording its largest weekly gain in six weeks. On Wednesday, the euro weakened briefly due to the weak German PMI data, but then rebounded driven by risk - averse sentiment. The economic sentiment indicator on Tuesday and the preliminary German CPI data on Friday may affect the euro's trend. Trump's tariff threats may further drag down the euro - zone economy, and the euro may be volatile in the short term due to safe - haven demand.
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AUDUSD - Structure Trading Using Candlestick CluesWHAT I'M LOOKING FOR
Price action has broken out to the upside & is currently holding at a previous level of structure resistance here on the $AUDUSD.
MY PREDICTION
Based on the candlesticks that have been produced at this level I'm predicting a brief period of relief which opens up the opportunity for a bearish counter-trend structure trade. If we do reverse at this level I would predict price to retest the previous (inside) level of structure resistance that should now act as potential support
HOW TO GET INVOLVED
Price has currently put in 2 Doji candles followed by a lower low & a lower close candle. This in itself is a good (and aggressive) reason for entry. The only concern that I have (in my personal trading) is that I am unable to get a quality risk reward.
If you have any questions, comments, or just want to share your views, please do so below!
Akil
Weak UK economic data limits further gains.The GBP/USD rose 1.91% this week to close at 1.3533, notching its largest weekly gain in five weeks. On Wednesday, the pair fluctuated within a range of 1.3392 to 1.3440, briefly hitting a high of 1.3468 during the London session. On Friday, GBP/USD surged to a multi-year high, supported by UK economic data and risk aversion. Trump’s tariff threats triggered safe-haven sentiment, providing some support to the British pound as a non-USD currency. While the rally partially stems from risk-off capital inflows, a weak UK economic recovery may limit further upside.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.