GBP/CAD is currently retesting the neckline of a head and shoulders pattern, signaling a potential bearish move. We anticipate further downside momentum during the Asian, London, and New York sessions tomorrow. Rejections to the upside, marked by pin bars and bearish engulfing candles, strengthen the likelihood of a drop. Traders should watch for confirmation and...
EUR/JPY has broken out of a curve formation, transitioning into a bearish triangle pattern. The structure is reinforced by the presence of multiple bearish engulfing candles, signaling strong downward momentum. This setup indicates a potential continuation of bearish pressure, with lower levels likely to be tested. Traders should watch for a breakout below the...
Gold is positioning for a potential bullish move as it holds above a significant support zone. The current retracement suggests buyers are gaining control, with price consolidating near a key Fibonacci level. A breakout above recent highs or strong bullish momentum could confirm the setup. This presents an opportunity to target higher resistance levels, with stops...
EUR/JPY is respecting a key support level, demonstrating strong buyer interest at this zone. The pair is currently trading within an ascending channel, characterized by a series of higher highs and higher lows, reflecting a sustained bullish trend. Price action suggests that the pair is maintaining its upward momentum, with the channel's boundaries providing...
EUR/CHF was trapping traders below key support levels, enticing them to buy the dip in anticipation of a reversal. However, this move was a calculated trap. With traders now caught at the lows, the market has effectively locked those levels, creating a foundation for an explosive move higher as liquidity shifts upward.
GBPAUD has broken out of its channel and is exiting a consolidation phase, signaling potential momentum in the direction of the breakout. Keep an eye on key levels for confirmation and follow-through.
USDJPY has broken out of the channel, signaling a potential move to target lquidity below key suppport levels. this suggests a shift in market structure as sellers aim to capture stops resting beneath recent lows. confirmation will come from sustained bearish momentum and a break of significant support zones.
EURCAD has cleared liquidity at the 1.45846 level while trading within a channel. The pair has now brokern out of the channel, signaling bullish momentum and is targeting the liquidity above. This breakout indicates potential continuation of the uptrend with buyers aimung to captalise on the move towards higher liquidity zones.
One of my best setups is NZDUSD for a buy. The market recently broke out of a well defined channel wiith a strong bullish engulfing candle on the daily timeframe, signaling a shift in momentum. currently the price is in consolidation phase , likely accumulating orders and seeking to clear previous liquidity levels above. This behavior suggests the market is...
One of my best setups is on NZDUSD for a buy. The market recently broke out of a well defined channel with a strong bullih enguling candle on the daily timeframe, signaling shift in momentum currently , the price is in a consolidatioon phase , likely accumulating orders and seeking to clear previous liquidity levels above . this behavior suggests the market is...
CADJPY Has brokern out of a prolonged consolidation channel, clearing downside liquidity and signaling a shift in the market sentimnet. the bearish candles forming after the breakdown suggest increasing selling side momentum with trendline liquidity now being targeted. this move confirms a bearish bias , as the pair seeks to test lower support zones and exploit...
AUDNZD has cleared liquidity above a significant resistance level, trapping breakout traders expecting further upside. This liquidity sweep has exhausted buying momentum, creating ideal conditions for sellers to dominate. Price action shows signs of a bearish shift, with strong rejections at the highs and increasing sell-side volume. This suggests that...
AUD/USD appears to be in an accumulation phase as traders positioned short may have been trapped in a liquidity zone, leading to buying pressure. This suggests smart money is accumulating orders before a potential upward move. The breakout is likely to occur during a high-volume session, such as the Asian, London, or New York session, when significant liquidity...
The AUD/JPY is showing bearish signs after rejecting a key resistance area. The pair is trading below important moving averages, signaling potential downward pressure. Momentum indicators confirm a shift in sentiment, supporting a sell position in alignment with the current market direction
EURNZD is showing a potential head and shoulders pattern, with the left shoulder already formed and the price approaching the neckline. This setup aligns with the overall bearish market structure, following a sharp downward move (flash), now entering a consolidation phase. The current price action suggests accumulation of sell orders, setting the stage for a...
AUD/JPY is forming lower highs and lower lows on the 5-minute chart, confirming bearish momentum. The price has just broken below a key support level, retesting it as resistance with a bearish rejection candle. Entering a short scalp targeting the next support zone, with a stop loss just above the rejection candle's high, aligns with the trend
GBPJPY shows bullish potential, supported by key technical indicators aligning with an upward trend. A break above recent resistance levels suggests strong buying momentum. Favorable market sentiment and risk-on appetite further fuel the pair's rally. Entry on pullbacks with a stop loss below recent swing lows offers a favorable risk-to-reward setup, targeting the...
EURAUD Analysis: The pair is experiencing a decline driven by an accumulation of sell orders, likely indicating institutional activity or a breakout from prior consolidation zones. Momentum suggests further downside potential.