USD/CAD Strengthens Quite Well for the Medium TermUSD/CAD recorded significant gains for the third consecutive day, successfully building momentum following a breakout of the critical resistance barrier in the 1.3810-1.3815 range.
The spot price surged to the 1.3870 region during the Asian session, marking a new high since April 13th, supported by the overall strength of the US Dollar (USD) in the foreign exchange market.
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✅ Fundamental Dynamics: USD
Forex market
EURUSD Loses Short-Term Momentum on H1EURUSD has dropped back below both EMAs on H1 after failing near 1.1640, showing that buyers are losing momentum again.
The 1.1625–1.1635 zone is now acting as short-term resistance. As long as price remains below this area, sellers still hold the advantage.
Trade Plan
Sell setup: wait for a rebound toward 1.1625–1.1635. If price rejects clearly, targets are 1.1600 and 1.1590.
Continuation sell: if 1.1590 breaks, the next downside zone is 1.1575–1.1565.
Buy setup: only consider buying if EU
NZDUSD - 2HNZDUSD has been in a broader bearish structure, but price recently reacted strongly from the lower demand zone and printed a sharp bullish impulsive move. The rally broke short-term structure and pushed price back into the marked supply/resistance area near 0.5915–0.5927, where reaction or rejection is likely.
Option TradingNIFTY 50 and Reliance Industries Option Trading
NIFTY 50 Option Trading
Why Traders Prefer NIFTY Options
High liquidity
Tight bid-ask spread
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Best Strategy for NIFTY
Trend Following Strategy
Buy CE when:
Price above VWAP
Put writing increases
Resistance breakout confirmed
USD/JPY: Slight Negative Bias at Monthly HighUSD/JPY moved with a mild negative bias during Wednesday's Asian session, but remained near the nearly four-week high touched yesterday.
The lack of follow-through selling and the strength of the US dollar's fundamentals suggest that the current correction remains limited, so traders are advised not to rush to the conclusion that spot prices have reached a peak.
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✅ JPY: Himino's Rhetoric & Intervention
USDJPY Holds Bullish Structure Below 160USDJPY remains above both EMAs on H1 after breaking out from the 158.90–159.00 range, showing that buyers still control short-term momentum.
However, price has started slowing near 159.35–159.40 as the market becomes more cautious ahead of the psychological 160.00 level and possible intervention risks from Japan.
Trade Plan
Buy setup: wait for a pullback toward 159.15–159.05. If buyers defend this area clearly, targets are 159.40–159.50.
Continuation target: if momentum remains strong, price
11 Must Have Elements of a Winning Trading System
1. Set a Minimum Number of Trades for Performance Analysis
One of the biggest mistakes new traders make is judging their performance too quickly. Winning two or three trades in a row does not mean a strategy is perfect, just like a few losses do not mean the system is broken. Trading requires patience and long-term observation. A proper evaluation should be based on a larger number of trades because the market behaves differently under changing conditions. Reviewing enough trades helps trader
EURUSD Tests Resistance Before Next MoveEURUSD is attempting a technical rebound after the recent decline, but price is still below the major EMA near 1.1665. This means bearish pressure has not fully disappeared yet.
The most important resistance zone is 1.1650–1.1670. A rejection from this area could send price back toward 1.1600–1.1585.
Trade Plan
Sell scenario: wait for EURUSD to retest 1.1650–1.1670. If H4 rejects clearly, target 1.1600–1.1585.
Buy scenario: only consider long if price closes firmly above 1.1670 on H4. Target
Option Trading #2NIFTY 50 and Reliance Industries Option Trading
NIFTY 50 Option Trading
Why Traders Prefer NIFTY Options
High liquidity
Tight bid-ask spread
Smooth price movement
Suitable for scalping and intraday trading
Best Strategy for NIFTY
Trend Following Strategy
Buy CE when:
Price above VWAP
Put writing increases
Resistance breakout confirmed
Buy PE when:
Price below VWAP
Call writing increases
Support breakdown confirmed
GBP/USD Struggles to Maintain MomentumOANDA:GBPUSD GBP/USD (Cable) struggled to maintain momentum after briefly breaking through the psychological level of 1.3500 (a 1.5-week high) the previous day.
The spot price reversed course and weakened slightly to around 1.3485 in today's Asian session, pressured by a modest rise in the US dollar (USD) triggered by the latest military escalation in the Middle East.
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✅ Fundamental Dynamics: Geopolitical Pull Against USD
GBPUSD Retests Buyers After H4 RecoveryGBPUSD has recovered strongly after sweeping the 1.3300–1.3350 zone and is now trading back above both EMAs near 1.3480–1.3500.
The important support zone is 1.3465–1.3450. If buyers defend this area, the recovery can continue.
Trade Plan
Buy setup: wait for a pullback toward 1.3465–1.3450. If price reacts well, targets are 1.3520 and 1.3550.
Continuation target: if momentum remains strong, GBPUSD may extend toward 1.3600.
Avoid chasing: buying directly near 1.3500 is less attractive becaus
EURUSD: HTF Weekly Discount Midpoint + Below VAL = Bearish ContEURUSD | Bearish continuation from HTF discount midpoint – weakness below value
EURUSD continues to show a bearish tone after trending lower for the past 32 days, with sellers maintaining control and price consistently printing lower highs.
From a higher timeframe perspective, price is currently trading inside the weekly discount range, around the midpoint of the broader HTF dealing range. Even though price is already discounted relative to the larger range, buyers have not shown meaningful ac
CAD/CHF Corrects Sharply and Will Continue to DeclineStructurally, the medium-term trend remains bullish. This trend is characterized by the price successfully breaking the structure (BOS) upward in several previous swings and forming a Higher High (HH), but the price is vulnerable to a short-term correction.
- 🔸Wave Structure: A massive impulsive upward impulse from the previous lower area is calculated as a long Wave 3 cycle or a major impulsive sub-wave.
- 🔸Current Status: The price at 0.56714 is likely in the early stages of Wave 4 (Correcti
EUR/USD Rises Moderately, Forming a GapEUR/USD capitalized on a volatile opening week by recording a significant bullish gap.
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✅ Fundamental Dynamics: Thin Liquidity Push-and-Pull
Global sentiment is currently shifting rapidly toward risk-on, but is being hampered by quiet market conditions:
- ⚡60-Day Ceasefire Framework: A report from Axios regarding the potential signing of an interim peace deal between the US and Iran that includes the reo
AUDUSD - Bulls Regain Momentum Near Breakout ResistanceOANDA:AUDUSD continues to trade within a broader bullish structure after successfully defending the 0.7100 - 0.7110 support region. The recent recovery from the lower zone suggests that buyers remain active, while price is now attempting to reclaim momentum above short-term consolidation resistance near 0.7184.
The current structure appears to be developing as a continuation phase rather than a complete reversal, with higher lows slowly rebuilding bullish pressure. As long as the support zon
Chapter 1: Mastering the Basics of Elliott Wave
A Simple Introduction
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Every market moves in phases. Prices rise, fall, pause, and then move again. When you spend enough time studying charts, you begin to notice that these movements are not completely random. Certain structures appear again and again.
This idea became the foundation of the Elliott Wave Principle.
Ralph Nelson Elliott studied market behavior and found that price movement often follows repeating patterns. He believed these patterns are connected
Option Selling vs Option BuyingOption Selling vs Option Buying
Compare Risk, Reward & Capital Requirements
Introduction
In the options market, traders mainly use two approaches: Option Buying and Option Selling. Both strategies can generate profits, but they work very differently in terms of risk, reward, probability, and capital requirement.
Many beginners are attracted toward option buying because of small capital and high-return potential, while experienced traders often prefer option selling because of higher probabil
USDINR | MarketOmorph Week 21 | 24-MAY-2026USDINR continues operating within elevated participation while broader rising structure remains intact.
STRUCTURAL OBSERVATION
• Expansion above pivot participation (~90.5–91.5)
• Elevated participation remains active
• Broader rising structure remains intact
• Upper participation activity continues
BEHAVIOUR OBSERVATION
Current behaviour reflects continued participation within elevated structural territory.
POSSIBLE PATHWAYS
🟢 Participation Strengthens
• Sustained participation may sup
GBPUSD Multi Time-Frame Analysis Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.






















