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NZDJPY bottomed being formed. Huge long-term buy.The NZDJPY pair gave us an excellent sell signal back on our July 10 analysis (see chart below) and not only hit our 95.580 Target but broke below and invalidated the medium-term Channel Up: The long-term Channel Up however, is still intact and it is evident on the 1W time-frame where the July - August sell-off found support and stopped exactly on the 1W MA200 (orange trend-line). That was the first strong long-term buy signal. Since then, the price has been consolidating within the 1W MA50 (blue trend-line), which has already rejected the uptrend multiple times and the bottom (Higher Lows trend-line) of the Channel Up. The second buy signal came this month, as it made a Double Bottom on the Higher Lows trend-line of the Channel Up. This whole sequence is very similar with the bottom formations of Jan - April 2023 and December - February 2022. Both started new Bullish Legs and never looked back once the price broke above the 1W MA50. So the confirmed buy signal for this pair will be if a 1W candle closes above the 1W MA50. If that happens, we will turn bullish with our Target being 102.000 (+18.31%, the minimum Bullish Leg rise within the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
AUDCHF My Opinion! BUY! My dear followers, This is my opinion on the AUDCHF next move: The asset is approaching an important pivot point 0.5571 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 - 0.5594 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
USD/CAD steady ahead of retail salesThe Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.4384, down 0.11% at the time of writing. On Thursday, the Canadian dollar fell to its lowest level since March, touching 1.4435. Canada retail sales have risen for four consecutive months and the trend is expected to continue today, with a market estimate of 0.7% m/m. The economy outlook remains gloomy and the Bank of Canada is expected to continue lowering rates in order to boost the weak economy. The BoC has been aggressive, cutting rates five times since June for a total of 175 basis points. The central bank slashed the benchmark rate by 50 basis points to 3.25% last week but signaled that it plans a "more gradual approach to monetary policy", which means we can expect 25-bp increments in rate cuts if there are no surprises in inflation or employment data. The "gradual approach" sounds a lot like what we're hearing from the Federal Reserve, which surprised the markets on Wednesday when it lowered its forecast to just two rate cuts in 2025, compared to four cuts in the September projection. The US dollar soared after the rate announcement and the Canadian dollar took it on the chin with losses of around 1% on Wednesday. The incoming Trump administration could be a major headache for Canada, as Trump has pledged to slap tariffs on Canadian products. The Canadian government  has announced enhanced security measures at its border with the US, hoping these moves will encourage Trump to suspend his tariff plans. Canada's Finance Minister Chrystia Freeland resigned earlier this month after a bitter row with Prime Minister Trudeau, which has added political uncertainty that could weigh on the wobbly Canadian dollar. USD/CAD tested resistance at 1.4404 earlier. Above, there is resistance at 1.4463 1.4341 and 1.4282 are the next support levels
by OANDA
GBPCAD A Fall Expected! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8206 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8179 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 ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
CADJPY Technical Analysis! SELL! My dear friends, Please, find my technical outlook for CADJPY below: The instrument tests an important psychological level 109.05 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 - 108.00 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUD/JPY Short and GBP/AUD ShortAUD/JPY Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/AUD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
Short
by StewySongs
USD/CAD -Volume Spread AnalysisHere is a perfect example of Pushing Up through Supply. As shown, when up-trending markets experience the phenomenon created by Market Makers in which supply us introduced to the market. (Notice the Pivot Highs at 1.41942 and 1.41968 which are 4 pips apart) These levels of supply are known by the market makers and are used to lock in bullish traders. As the market moves against the locked in traders we notice Ultra High Volume (UHV) shows up. As we analyze the volume it suggests professional supply has entered the market and is confirmed by the following Wide Spread and Excessively UHV. This confirms the intention of the professionals to lock in bullish traders and create an over head supply zone. The following price movement has UHV as well but less than the previous bar and it also closes bullish but inside the larger UHV bar. Peculiar for a market that is doomed to fall to the abyss don't you think? Looking back to the previous 40 price bars we notice price held support above the level of the previous pivot low at 1.40926. The supply diminishes from this point as price creates a Lower High (LH) then a Higher Low (HL). We also notice the spread bodies of the bars leading to the pivot low at 1.41304 are smaller than any other downward push since the consolidation period on the 10th of December. This implies supply has diminished until we come back in contact with the supply created by the Market Makers. The UHV suggests supply is present. However, the next bar shows demand is also present and supply has suddenly diminished at the resistance as well. Prices then proceed to "Push up Through Supply" volume diminishes and prices rise through the supply which is termed and "ease of movement". This is an aggressive BUY SIGNAL which implies prices will not come back to retest the previous area of resistance turned support known as the backup to the edge of the creek. You have to be aggressive at these moments because prices will not return to the retest the structure as the handling maneuver is completed a as it leaves the re-accumulation area.
Education
by JHair20
USDCAD Is Still BullishAfter the USDCAD had recently risen significantly, the exchange rate is now correcting. This healthy movement offers us the opportunity to enter a new long position in the bullish order block. The momentum in USDCAD is clearly pointing upwards in the medium to long term and retailer sentiment is decidedly bearish, which suggests a further bullish impulse. A bearish order block just below the recent highs would be a good price target for a long trade.
Long
by Ochlokrat