Bullish bounce off pullback support?CAD/JPY has bounced off the pivot, which has been identified as a pullback support that lines up with the 38.2% Fibonacci retracement and could rise to the 1st resistance.
Pivot: 104.26
1st Support: 103.24
1st Resistance: 106.19
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Forex market
GBPNZD Set To Fall! SELL!
My dear followers,
This is my opinion on the GBPNZD next move:
The asset is approaching an important pivot point 2.2732
Bias - Bearish
Safe Stop Loss - 2.2905
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.2594
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
GBP/USD Got the Breakout - Can Bulls Hold the Higher-Low? GBP/USD has broken out to a fresh three-year-high, finally pushing above the Fibonacci level of 1.3414. That pushed directly into a test above the 1.3500 handle, and prices have since pulled back.
Given dynamics in the USD, that bullish trend in Cable remains of attraction if we do see USD-weakness continue. But, if strength remains in DXY and USD, there's greater pullback potential for GBP/USD, with supports at 1.3250 and 1.3000 of interest for longer-term strategies. And if looking for that USD-strength backdrop, EUR/USD can be a more attractive venue given the context of a lower-high there even as GBP/USD has ripped up to a three-year-high.
For short-term pullback scenarios, traders would likely want to see support retained at prior Fibonacci resistance, around 1.3414. - js
Lingrid | AUDCAD potential Bearish Rally from KEY zoneFX:AUDCAD is forming a bearish continuation setup after a rejection from the lower high near the resistance trendline. Price is consolidating just below the key 0.89000 level, indicating weakness and potential for further downside. If bears maintain pressure and reject the retest, we could see a move toward the 0.88200 support zone. The downtrend remains intact as long as the pair trades below 0.89000.
📈 Key Levels
Sell trigger: bearish rejection from 0.89000
Buy zone (short-term scalp only): around 0.88200
Target: 0.88200
Buy trigger: break and hold above 0.89000
💡 Risks
Sharp reversal at 0.88200 could trap sellers
Break above 0.89000 would invalidate bearish view
Volatility expected due to CAD-linked commodities and AUD data
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
USD/JPY POSSIBLE BEARISH CONTINUATIONThe dollar for two weeks now has shown signs of weakness against the Japanese Yen, we saw some bullish momentum in price today to test last week's level of support now turned resistance. With the current bearish order flow, we are likely to see price respect resistance and continue bearish into weekly demand area.
GBPJPY Sell Setup- Go for sell only when entry setup given
- Refine entry with smaller SL for better RR, if you know how
- keep looking for sell even if price goes one more up
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EUR-AUD Short From Resistance! Sell!
Hello,Traders!
EUR-AUD made a retest
Of the key horizontal
Resistance level of 1.7640
From where we are already
Seeing a bearish pullback so
As we are locally bearish
Biased and we will be
Expecting a further
Bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/USD 1H CHART PATTERNThis EUR/USD chart shows a clear bearish setup following a break below a trendline and horizontal support. Price action suggests a descending triangle pattern with momentum shifting downward. Indicators, including moving averages and trendlines, point to a potential continuation of the bearish move. The large projected downside move is marked with measured targets, indicating strong conviction in the sell setup. The chart aligns with prior rejection points and suggests sellers are in control, aiming for key support levels. Risk management and precise entries are important, as volatility could increase near critical price zones.
Entry: 1.13640
1st target: 1.13000
2nd target: 1.12350
3rd target: 1.11200
Stop Loss: 1. 14240
AUD_USD LONG FROM RISING SUPPORT|
✅AUD_USD is trading along
The rising support line
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above 0.6460
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.
GU-Wed-28/05/25 TDA-Heavy pump and dump pre FOMC minutes!Analysis done directly on the chart
Follow for more, possible live trades update!
Multitasking is good once you have mastered
each single task because you have practiced,
trained your subconscious mind so much that
your brain subconsciously automatically act
accordingly.
And this is where developing good
pattern recognition on how price is moving will
help you enhance your trading skills!
It requires time, a lot but a lot of dedication,
accepting the fact that your not good enough yet.
Trick your mind by thinking you are always two
steps behind. (even if you see good results!)
And learn from your mistakes: Journaling!
Do before, during, after trade analysis!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
USDJPY Breakout - Bullish reversal setup in progress...The price has once again respected the 142.100–142.500 support zone, showing strong buying pressure and a potential trend reversal.
🔍 Market Structure Update:
Break of descending trendline ✔
Higher lows forming ✔
Bullish breakout above 144.500 in progress ✔
🔷Two Bullish Scenarios:
🔹Aggressive Continuation: Break and retest above 144.500 could lead to a sharp push toward the 150.700 resistance zone.
🔹Conservative Entry: A potential retest back into the support zone before the next impulsive leg up.
Support Zone: 142.000–142.500
Target Zone: 150.700
Key Level to Break: 144.500
🚨 Watch for confirmation before entering.
Always manage your risk and never trade without a plan!
📊 Let me know your bias in the comments – Bullish or Bearish?
👍 Like & Follow for more setups!
#USDJPY #Forex #TradingView #TechnicalAnalysis #PriceAction #SupportResistance #BreakoutSetup #ForexCommunity
Pair: GBPNZD Bias: Bullish (contingent on breakout or support hoPrice has repeatedly rejected resistance at 2.27286 and is now consolidating between this key level and 2.25282. With this week being month-end, it’s likely we could see a pullback before a larger move into June.
Trade Zones:
Buy from 2.25282 if we pull back and hold as support
Buy above 2.28114 if we get the breakout
Targets:
First: 2.29580
Extended: 2.31200
Invalidation:
Break and close below 2.25282 with bearish follow-through
Notes:
Wait for price action confirmations.
Be mindful of low volume and false moves during month-end flow.
GJ-Wed-28/05/25 TDA-GJ pulling back ahead of FOMC minutes!Analysis done directly on the chart
Follow for more, possible live trades update!
Today's FOCUS: market positioning
You can have good trade idea, BUT
you still get stopped out with loss or
break even (BE). And one of the reasons
why is your market positioning.
To solve this problem one of the good
ways is to understand firstly the higher
timeframe structure.
Ask yourself:
Am I inside the range?
Is price is breaking out of range?
ETC...
Comment down below if this was useful!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
EURUSD pullback underwayEURUSD has begun the anticipated correction and has already dipped below 1,1300.
Key support levels to watch:
1,1282
1,1240
1,1198
Keep an eye out for a bounce from these levels, which could present buying opportunities.
The goal remains clear: a breakout above the previous high and a move toward 1,1600!
EURUSD Follow Ascending channel bullish strong from supportFX:EURUSD Technical Outlook – 1H Time Frame
✨ By Livia
FX:EURUSD has been respecting a strong ascending channel, demonstrating bullish momentum from the key support level at 1.12600. Price action continues to make higher highs and higher lows, confirming buyer control within the current structure.
📈 Key Highlight:
The pair is steadily approaching the 1.14000 level, a notable supply zone where previous selling pressure emerged. This level marks the next potential target for bulls, with possible resistance or profit-taking interest around that area.
💡 Outlook:
As long as price remains above the midline of the channel and holds above 1.12600, the bullish bias remains intact. Watch for potential consolidation or reaction at 1.14000.
GBPNZD Is Very Bullish! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.262.
The above observations make me that the market will inevitably achieve 2.298 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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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