USDCHF WILL EXPLODE BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB555
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD. for confirmation, we need to see the price breaks below the correction line(red line). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets117
Confidently Bullish: USD/CAD Thank you to everyone who remains confident in our trades. It's important to remember that not every trade will be a winner—this is part of trading—but with patience and strategy, we will succeed in the long run. I have a solid analysis with new trade signals coming up. USD/CAD BUY ORDER 1.365 - SL: 1.3615 - TP: 1.3700 Our buy entry is at a support level where the price previously bounced back yesterday, it is the 61.8 Fibonacci level Take profit is set at 1.3700, and if it surpasses that, the second take profit is at 1.3730.Longby EleazarahmathUpdated 9
AUDUSD WILL FALL SELLManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB4
GBPUSD head and shoulder setupIntraday Update: IF the PCE data today is hot, or we get a positive US dollar reaction, the GBPUSD is setting up a head and shoulder pattern. Neckline is at the 1.2667 level which is just about 50 pips away from current price. by ForexAnalytixPipczar4
EURAUD LONGPrice hit my protective stop on Monday but respected structure, waited for proper pullback and a clear break of my AOi, now looking to take advantage of the move further Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Around Psychological Level 1.63500 H4 EMA Retest H4 Previous Structure Point H4 Candlestick rejection Levels 1:6 Entry 100% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 5
USD/CHF ShortI prefer to short USD/CHF following an impulsive move to the downside. I'm aiming for a 1:2 RR, expecting the price to reach the area of interest and then break the previous low.Shortby TradebyRoss223
AUDUSD Will Go Higher! Buy! Please, check our technical outlook for AUDUSD. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.661. The above observations make me that the market will inevitably achieve 0.662 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 336
EURUSD BEARISH NOW Hey there on 1hTF the EURUSD have looking for move upside on CPI news And now can be drop down from 1.0800 So will first reach and can be quick drop from there point Shortby DvsTraderfirm2
USD/CAD: Implications of US Treasury Auction ResultsOn Wednesday, the Canadian Dollar experienced a weakening trend across various currency pairs, as the safe-haven appeal of the US Dollar gained traction in the broader market. This decline in the Canadian Dollar's value was notably influenced by subdued bid-to-cover ratios observed in a US Treasury auction held on Tuesday, which contributed to dampened market sentiment as the week progressed, leading to a decrease in risk appetite among investors. From a technical standpoint, the price has initiated a reversal from a previous supply area, signaling a potential bearish continuation trajectory below demand regions. This technical analysis suggests a shift in market dynamics favoring downward movement in the Canadian Dollar's value. The economic calendar for Canada remained relatively quiet on Wednesday, with attention now turning to Thursday's release of the Canadian Current Account data. Market expectations anticipate a decline to -5.5 billion, following a climb to a six-month high of -1.62 billion in the previous quarter. Subsequently, on Friday, investors will await the release of Canadian Q1 Gross Domestic Product figures, which are projected to stabilize at 0.0% month-on-month, compared to the previous reading of 0.2%. These upcoming data releases are likely to further influence trading sentiment surrounding the Canadian Dollar.Shortby FOREXN1Updated 117
USDJPY, growth to bulls target zone 157.15 - 157.34Hi friend. JPY continue bears accumulation proces so price will turn upper to 157.14 - 157.34. I mark all interesting market prices for you. Follow me;)Longby JinFlarkUpdated 3
GBPJPY Ascending Channel Breakdown: Potential Short OpportunityIn ths analysis, we are looking at the 15-minute chart for GBP/JPY on the OANDA platform. The price action has been confined within an ascending channel, characterized by higher highs and higher lows. However, the recent price movement indicates a potential bearish reversal, as evidenced by the formation of a bearish candle near the upper boundary of the channel.by ezzie_trades3
USDZAR-SELLstrategy (cautious) 4-hourlyThe pair has moved according to my expectation. We spiked, but higher then my profit target, which was met and had slightly better outcome around 18.6750. we moved between 18.5650-18.7500 area and that is where we are stationed now. Strategy is SELL @ 18.7350-18.7950 and place SL above 18.8150 and resell when near 19.0000. Profit order @ 18.5350 for now. Shortby peterbokmaUpdated 6
GU intraday up and down catch the pips!According to elliot wave theory. GU is predicted to be moving along the arrows that is shown here. Breaking the trend and then going for the pullback and we can find a swing long entry possibly tomorrow on new york session. Please confirm your analysis before entering a trade! Goodluck!by ChathifriendsUpdated 111
GU BUY OPPORTUNITY!Price holds above 1.2704 ahead of US PCE. a buy opportunity is envisaged if price trades back to 1.2723 (buy stop order) Target $1.28Longby Cartela2
CHFJPY - 4hrs ( Buy Trade Target Range 180 PIP ) ☑️Pair Name : CHF/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ ⚙️ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— 🛡Bullish Break 173.000 Area Reasons - Choch Break - Major Turn level / w - inner Channel Break - Inner Triangle Break - Day / week High - Fixed poc 🛡Bearish Reversal 175.000 Area Reasons - Major Turn level - Visible Range Lvn - Pattern Target - Choch Zone - Quarter's AreaLongby GoldenEngineUpdated 78
EURUSD - Weekly Forecast - 03 June 2024Weekly forecast for 03 June 2024 We are respecting the FVG created by the wicks, we are only hitting the 50% of that, until i see a close above that my bias is short. Looking to short at the areas shown. Shortby TraderRiz1
EUR/USD Finds Support at 1.08150, Investors Await Key Inflation EUR/USD rebounded from the 1.08150 demand area and closed in positive territory on Thursday. The pair fluctuates above 1.0830 during the European session as investors remain cautious ahead of key inflation data. The US Bureau of Economic Analysis (BEA) revised the annualized first-quarter Gross Domestic Product (GDP) growth down to 1.3% from the initial estimate of 1.6%. Consequently, the benchmark 10-year US Treasury bond yield corrected lower, losing more than 1% on Thursday, which undermined the US Dollar (USD) and prevented it from maintaining its strength. From a technical perspective, we are anticipating a potential bullish impulse after the price has captured some liquidity, as indicated in the footprint chart below. We are looking for a long setup. Longby FOREXN1Updated 119
GBP CAD - Short Set up - 1H TFGBP CAD forming a bearish divergence on 1H TF. looking for reversal pattern to short. Looks like forming a double top. Will trigger my sell stop after break of neckline. Entry, SL & TP mentioned in chart. Good LuckShortby BullBearBTC1Updated 2
USDCAD, SHORTS are piling up..BUYERS exiting. prep for DESCENDUSDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting. Expect some series of descend (downside) from the current price point. Spotted at 1.36 TAYOR Safeguard capital always.Shortby JSALUpdated 3317
UCAD for BULLISHProjected to be continue bullish movement. Trade with your own risk.Longby ewtradersbhUpdated 1110
AUDUSD, getting ready for flight to 0.70.AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term. Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge. Expect more upside valuation for the pair in the near term. Spotted at 0.6650 TAYOR Safeguard capital always. Longby JSALUpdated 3324