Forex market
EURUSD: Support About to Break, Bearish Trend Continues!EURUSD is currently trading in a clear downward channel. After failing to break the resistance at 1.17200, the price reversed and is now testing support at 1.16000. If this support is broken, the price may continue to decline towards 1.16297 and 1.15500.
The current market structure shows that selling pressure is dominant. If 1.16000 is broken, the bearish trend will continue. Traders should prepare to enter a sell position if this support level is broken, with targets towards lower support levels.
EUR/USD Technical Analysis (H1 Chart)📊 EUR/USD Technical Analysis (H1 Chart)
The Euro vs US Dollar (EUR/USD) is showing an interesting trendline structure combined with harmonic-like moves:
1️⃣ Ascending Trendline Support
Price has respected the rising green trendline multiple times, confirming it as a strong support level.
Currently, EUR/USD is testing this support again around 1.1658. A break below could trigger further downside momentum.
2️⃣ Bearish Reversal Setup
Price rejected from the 1.1715 resistance zone (highlighted in red), showing clear selling pressure.
The corrective pullback has reached back to trendline support, suggesting a possible decision point.
3️⃣ Key Levels to Watch
Immediate Support: 1.1676 → if broken, next target is 1.1637.
Major Support Zone: 1.1555 → highlighted as a strong demand zone.
Resistance: 1.1715 → bulls need to reclaim this level for continuation upward.
4️⃣ Trading Outlook
🔻 If price breaks and closes below the trendline, expect bearish continuation toward 1.1637 and possibly 1.1555.
🔺 If the trendline holds, we may see a bounce back toward 1.1715.
⚖️ Current bias: Neutral to Bearish until trendline shows confirmation.
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My ViewGBP/USD – Intraday Play
Price flushed liquidity to the downside before rebounding into the marked zone. Watching closely as price taps into 1.3547 – 1.3554 supply area.
📊 Key Notes:
Supply Zone: 1.3547 – 1.3554
Bearish Reaction Expected → Possible rejection toward 1.3530 / 1.3525
Break & Hold Above 1.3555 invalidates bearish bias
Waiting for confirmation whether this level rejects or flips into support.
EUR/USD 1-Hour Rising Channel – Support Zone & Potential Upside!Chart Breakdown & Technical Insights
Rising Channel Structure
The chart clearly shows EUR/USD trading within a rising channel, marked by higher highs (red arrows) and higher lows (green arrows) forming parallel support and resistance trendlines.
Key Support Zone & Bounce Potential
The price is currently sitting near the ascending trendline support, highlighted by the shaded gray box and emphasized with a circled area. Many analysts note that this lower boundary—around the 1.1690 level—serves as crucial support on a broader time frame
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Short-Term Momentum Indicators
According to recent technical calls, EUR/USD maintains a short-term bullish bias in the rising channel. However, some momentum indicators, such as RSI, hint at weakening strength—particularly when higher price highs are not matched with higher RSI peaks, suggesting a bearish divergence
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Potential Upside Trajectory
Should the lower channel support hold, the chart suggests a rebound toward mid-channel or potentially up to the upper boundary. Analysts highlight the 1.1720–1.1750 area as a near-term resistance, with the upper channel boundary closer to 1.1850
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Alternative Scenario – Breakdown Risk
If EUR/USD breaks below the channel (below ~1.1690), the bullish structure may falter. That could expose the pair to deeper pullbacks, possibly testing lower support levels around 1.1650 or lower
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** Summary Table**
Scenario Likely Outcome
Bounce off support Move up toward mid-channel (~1.172) or channel top (~1.185)
Breakdown below support Decline toward lower support zones (1.1650 and below)
Conclusion & Strategy Snapshot
The price is positioned at a critical support within a well-defined rising channel.
The bullish favored path: a rebound from the lower trendline toward resistance levels.
The bearish risk: a breakdown would shift momentum, possibly leading to deeper retracements.
Monitor for price action signals (e.g. bounce, candlestick patterns), RSI behavior, and behavior around these key levels.
EURUSD: Bearish OutlookFrom the chart, EURUSD is currently trading in an ascending price channel, but signs of a pullback have emerged from the 1.17300 level, suggesting a potential continuation of the decline in the short term. Recent economic data, particularly the PPI index from the U.S., has put significant pressure on the EUR, strengthening the USD and weakening the Euro. This may continue to maintain bearish pressure on EURUSD.
Technically, the key support level to watch is 1.16264. If this level breaks, EURUSD could continue to decline towards lower support levels such as 1.16000. Bearish signals from technical indicators also support this pullback.
Trading Strategy:
Sell: Wait for a break below 1.16264 to enter a short position, with the next target at 1.16000.
Stop-loss: Set a stop-loss above the resistance at 1.17300 to protect the account in case of a reversal.
EURUSD MULTI TIME FRAME ANALYSISHello 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.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
On GU, I’m currently looking for long opportunities.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.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
EUR/USD Short Setup: Resistance Rejection at 1.1710Pair: EUR/USD
Timeframe: 15-min
Current Price: ~1.1703
Setup Shown: A short trade (sell position) with:
Entry: ~1.1709
Stop Loss (SL): 1.1729
Take Profit (TP): 1.1631
Risk/Reward Ratio: About 1:4 (20 pips risk, ~80 pips potential reward)
Technical Observations:
Recent Trend:
Price rallied from ~1.1630 up to ~1.1710.
After reaching resistance, it’s stalling around 1.1710.
Resistance Zone:
Around 1.1710–1.1730, multiple rejections are visible.
That makes this area a good short-entry zone.
Support Zone:
Next strong support lies near 1.1630–1.1640, which is the TP level.
If broken, EUR/USD could continue lower.
Volume:
Volume spikes during the previous drop, showing strong selling interest.
Market Structure:
Lower highs and lower lows are visible before the rally.
This move could just be a retracement in a broader downtrend.
Trade Idea (from chart):
Bias: Bearish
Reasoning:
Price rejected resistance at 1.1710–1.1730.
Risk is small compared to the potential downside (good R:R).
Confirmation Needed:
Watch for bearish candlestick patterns (e.g., engulfing, pin bar) at current levels.
Check for USD strength in macro data/events.
✅ If confirmed, the short makes sense:
Sell near: 1.1709
Stop loss: 1.1729
Take profit: 1.1631
EURUSD-Possible Reversal Forming After Extended DowntrendEURUSD has been in a strong downtrend, consistently respecting the short-term and long-term EMAs.
Recent Buy signals from SignalPro have appeared at the base, showing early signs of buyer interest.
The most recent Sell signal failed to continue the move lower — suggesting momentum may be fading.
🔍 Setup Structure:
Entry Zone: Watching for confirmation above 1.15510 (EMA breakout + structure shift)
Stop Loss: Below 1.15199 (beneath local swing low)
Target Area: 1.17224 — aligned with previous inefficiency and potential liquidity magnet
⚙️ SignalPro Insights:
Yellow caution zone (if it appears next) often precedes higher-probability directional changes.
Multiple signals have triggered near historical demand zones — aligning with possible institutional activity.
⚠️ This chart and analysis are for educational purposes only. Not financial advice. Past performance does not guarantee future results. Always conduct your own analysis and manage risk accordingly.
EURUSD – Continuing the Uptrend, New Targets AheadEURUSD is experiencing a strong recovery after testing the 1.16600 support level. The chart shows price moving within an ascending channel, continuing to form higher highs and higher lows, with the near-term target at 1.18000 and further at 1.18600. Buying pressure has returned as the price failed to break below the 1.16600 support, driving the uptrend momentum.
In terms of news, although U.S. Core Retail Sales came in weaker than expected (0.3% vs 0.5%), indicating slower consumer spending, this provides an opportunity for EURUSD to rise. However, the overall sentiment remains tilted toward a weaker USD, which supports the uptrend for EURUSD.
If price continues to hold above 1.16600 and breaks through 1.18000, EURUSD could continue its upward momentum towards higher levels. However, if the price breaks the 1.16600 support, the uptrend will be at risk.
NZDCAD – H4 Short SetupMarket Structure:
Price shifted bearish after failing to make a higher high and breaking previous structure lows (MSS). A clean Fair Value Gap (FVG) formed after the shift, and a major supply zone sits just above.
⸻
Entries:
• Aggressive Entry: 0.82037 (FVG retest)
• Conservative Entry: 0.82181 (Major supply zone)
Stop Loss (for both entries): 0.82600
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Targets:
• Target 1: 0.80750 – Mid-level demand + Sell-side liquidity grab zone.
• Target 2: 0.79731 – Major demand zone + Previous swing low.
⸻
Note:
This plan is based on market structure and supply-demand confluence. Manage your risk carefully and always validate with your own analysis before taking any trades.
audusd short AUD/USD Chart Patterns: What to Know
1. Head and Shoulders (Reversal Pattern)
Seen clearly on the 4-hour chart illustration above.
A break below the neckline—notably around the 0.6600 level—could confirm a reversal, potentially moving the pair downward by approximately 150 pips .
Also identified in broader technical commentary, indicating weakening bull momentum in AUD/USD
2. Wedge Patterns (Continuation or Reversal)
On a 4-hour timeframe, AUD/USD appears to be forming an opening wedge—a narrowing trend that may precede a breakout.
If price breaks support, expect downward movement; a push higher on strong momentum may signal an upward breakout .
EDUCATIONAL SETUPMy only setup for forex trading is based on sessions. It follows a pattern: the day opens, the Asian session establishes a high, the UK session takes out that high, the New York session sweeps the UK high, and then the New York session reverses before the day closes.
I've been using this single setup since 2021. Today, I see a possibility for this setup to occur. I will wait for the UK high to be taken out and then look for a reversal during the New York open.
USDCAD LongPrice broke out of a consolidation zone on the daily timeframe and retested and rejected the consolidation zone. On the 1hour timeframe, price created an orderblock. Price then had a break of structure and also created a FVG. Price retested the orderblock and the FVG. I entered long with the stoploss at 1.37680 and the Takeprofit at 1.37990.
EUR USD - DAY TRADING SETUP EURUSD Day Trade Setup (15m) — 4H Bias Bullish
Thesis
Higher-timeframe context is bullish on the 4H, so the plan is to buy dips on the 15m into a defined demand zone, using 5m confirmation to time entries with Smart Money Concepts (SMC) signals like CHOCH/BOS and FVG mitigation.
Key Levels
Demand/entry zone: 1.16300–1.16200.
Stop-loss: 1.16180 (just below zone; adjust for spread).
Targets: TP1 1.16625, TP2 1.16800.
Execution timeframe: 15m for plan, 5m for confirmation per SMC internal structure rules.
Confirmation Criteria (5m SMC)
Wait for at least one of the following inside 1.16300–1.16200:
Bullish CHOCH followed by a Break of Structure up (continuation signal), showing buyers reclaim control on LTF.
Bullish displacement candle that creates a fresh FVG; enter on mitigation of that gap or the last bullish order block inside the zone.
If no confirmation prints, stand aside—no trade is a valid outcome.
Entry and Management
Entry: Scale in after confirmation within 1.16300–1.16200; avoid blind limits.
Invalidation: Clean 5m close below 1.16180 or failure of bullish shift invalidates the setup.
TP1 1.16625: take partials and move stop to breakeven after first 5m HL forms above entry.
TP2 1.16800: trail stops below 5m swing lows to ride momentum as advised when trading imbalances/FVGs with structure alignment.
Session timing: Signals are often cleaner around London/NY overlap; plan entries around those windows when possible.
Confluence Checklist
4H bias: Uptrend or recent bullish BOS guides directional preference; only buy dips while 4H structure holds.
Premium/discount: The zone should sit in a discount relative to the latest 15m swing, improving R:R for longs.
Liquidity: A sweep of intraday lows into 1.16300–1.16200 followed by bullish shift increases the probability.
Imbalance: Presence of a 15m/5m bullish FVG in or just above the zone strengthens the setup and provides precise entries.
Risk Guidance
Fixed % risk per trade; do not widen stops beyond 1.16180 without a fresh setup.
Trail after TP1 as requested: use 5m swing lows or the midpoint of the most recent filled FVG to ratchet risk tighter while targeting TP2.
Note: This idea follows SMC best practices—use higher-timeframe bias, refine entries with LTF CHOCH/BOS, and leverage FVG/OB confluence for timing and risk control






















