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NZDJPY – Supply Rejection, Bearish Targets AheadNZDJPY reacted from the supply zone (86.450 – 86.500), showing strong rejection after liquidity sweep. Price failed to hold above 86.500 and is now moving lower. First support to watch is around 86.250, which if broken, opens room for deeper correction. Downside continuation could target 86.000, with extended liquidity zones sitting near 85.850 – 85.730. Bias: 🔻 Short-term bearish from supply. ⚠️ Watching 86.250 break for confirmation of continuation. Key Levels: Supply Zone: 86.450 – 86.500 Support 1: 86.250 Target 1: 86.000 Target 2: 85.850 – 85.730 (Liquidity Zone)
Short
by sohail1811
GBP/CHF – Potential Pullback to Supply ZoneGBP/CHF is currently trading around 1.0868 after bouncing from the demand zone near 1.0818. Price is consolidating within a range, showing rejection from the lower support area. Immediate upside target sits around 1.0858 (Target 1), with potential continuation towards the supply zone 1.0890 – 1.0900. If the supply zone holds strong resistance, we could see another move back down to the demand zone 1.0818 – 1.0820. Bias: Bullish short-term towards 1.0858 – 1.0890. Watching for rejection at supply for a potential reversal. Key Levels: Demand Zone: 1.0818 – 1.0820 Target 1: 1.0858 Supply Zone: 1.0890 – 1.0900
Long
by sohail1811
Buy Trade - GBP/JPYGreetings to everyone! You can place a buy trade on GBP/JPY and check out my chart for the ideal entry, stop-loss & target placement. Remember :- * Move your SL to breakeven once the trade reaches 1:1 R. * Aim for a minimum reward of 1:1.5 R. * Don't risk more than 3% of your total margin. Let's execute this trade smartly! 🚀 💬 About Me: I am a professional trader with over four years of experience in the markets. I focus on swing trading using the 4H timeframe, mainly in the forex space. The trades I share here are the actual positions I’m executing. I post them as a small gesture to give back to the trading community that’s been a big part of my journey. Cheers! 🙏
Long
by ManojDurgapal
EUR/USD Bearish Trade Idea - Detailed Analysis** IF you like my observation, please boost and follow for more content." Timeframe: 1 Hour Entry Price: 1.16177 Stop Loss (SL): 1.16521 Take Profit (TP): 1.15763 Market Overview: Trend Context: The EUR/USD pair is currently in a clear downtrend as indicated by the price action making lower highs and lower lows. Chart Setup: The chart shows a descending triangle pattern, which typically signals a continuation of the bearish trend, as the price struggles to break through the resistance at the upper boundary while consistently making lower lows. Trade Rationale: Descending Triangle Pattern: The formation of a descending triangle indicates a strong bearish bias, where the sellers have been consistently defending the resistance level. The price is making lower highs and has found support at the 1.16177 level, a key point where the downtrend has previously gained momentum. A breakdown from this triangle often leads to a continuation of the downward movement, reinforcing the bearish outlook. Entry Setup: The entry point at 1.16177 is set below the support level, confirming that the price is likely to break through and continue downward. A close below this level would provide confirmation for the short position, as the breakdown indicates further downward potential. Stop Loss Placement: The Stop Loss (SL) is set at 1.16521, just above the last significant swing high and the trendline of the triangle. This allows for some room in case of a false breakout while minimizing risk if the price reverses above this level. Take Profit Target: The Take Profit (TP) is set at 1.15763, where the previous support has been observed. This level represents a logical exit point, based on the measured move of the triangle pattern and the market's reaction at this support area. Risk-to-Reward Ratio (RRR): This setup offers a favorable risk-to-reward ratio, with a stop loss of approximately 45 pips and a take profit target of approximately 114 pips. This results in an RRR of about 1:2.5, which aligns with a solid risk management strategy for a favorable trade. Technical Indicators: Exponential Moving Averages (EMA): The chart indicates the use of EMAs, which are still in a bearish alignment. The price is below both the 9-period and 20-period EMAs, suggesting that the overall trend is downward. The EMA setup confirms the bearish momentum, reinforcing the rationale for the short position.
Short
by Crystal_0404
2
Bullish USDJPY (Long Position)Time Frame: 1-Hour Trade Direction: Bullish Entry Price: 148.629 Target Price: 149.262 Stop Loss: 148.108 Risk-Reward Ratio: ~2.3:1 1. Chart Analysis: The price action has been respecting a strong ascending trendline (blue line) indicating a consistent upward momentum over the past several hours. Price has recently bounced off the trendline and is approaching a resistance zone near 148.6, showing potential for a continuation upward towards 149.262. Support Level: The price has previously found support at the 148.1 level, confirming a solid demand zone in the market. 2. Indicator Support: Exponential Moving Averages (EMA): The price is currently trading above both the 9-period and 20-period EMAs, which is a bullish sign indicating upward momentum. The EMAs are also in alignment, further supporting the bullish case. Volume Trend: There is an increase in volume accompanying the recent bullish price action, confirming strong buying interest and supporting the idea of a potential breakout towards the target. 3. Risk Management: The stop loss is placed just below the recent low at 148.108 to provide a reasonable buffer against any price retracement, keeping the trade within an acceptable risk range. The target is set at 149.262, just below the key resistance level, ensuring that we capture the full potential of the current trend while minimizing the risk. 4. Trade Setup Logic: This setup is based on the continuation of the uptrend, with strong support from both the price action and indicators. The price action has successfully bounced from the trendline, confirming a potential continuation move towards higher prices. The target lies near a resistance zone, making it a logical point for potential profit-taking. 5. Conclusion: The overall market structure and indicators are aligned in favor of a bullish position, providing a high-probability setup. With a clear risk-reward ratio, this trade offers a favorable risk profile and a solid chance for profit.
Long
by Crystal_0404
EUR/USD Bearish Rejection at Resistance Zone – Target 1.15392📉 EUR/USD 1H Chart Analysis Trend: The chart is showing a clear bearish trend inside a descending channel (support & rejection lines). Price continues to respect this downward structure. Resistance Zone: A strong supply/resistance area is marked at 1.16148 – 1.16307 (highlighted in pink). Sellers are likely to defend this zone. Indicators: Price is trading below the 70 EMA and 200 EMA, confirming bearish momentum. EMA crossover suggests continued downward pressure. Price Action: Recently, a small pullback (yellow highlight) is visible after touching the lower boundary of the channel, indicating a short-term retracement before another bearish push. Strategy: 📍 Entry: Look for short entries near the resistance zone (1.16148 – 1.16307). ⛔ Stop Loss: Above 1.16456 (previous high / EMA resistance). 🎯 Target: First target 1.15392, aligning with the projected channel support and marked demand area. ✅ Summary: EUR/USD remains bearish as long as price stays below the EMAs and inside the descending channel. Expect rejection from the resistance zone and continuation to the downside toward 1.15392.
Short
by MR_JOHN144
UsdJpy raising as JP225 hit ATH - #USDJPY #FedWatch #SwingTraderVANTAGE:USDJPY USD/JPY — Risk-On Mood Meets Key Support Test Japan’s stock market is surging, the yen’s safe-haven shine is fading, and USD/JPY is back testing a critical support zone. Will bulls reclaim momentum or will macro headwinds hold them back? Weekly Analysis — USD/JPY & Macro Update During the week of Aug 4–8, Japan’s stock market (Nikkei 225) rallied strongly on foreign inflows and improving investor sentiment. In theory, when Japanese equities surge, the yen tends to weaken as capital shifts toward risk assets — a move that generally supports USD/JPY upside. However, last week USD/JPY mostly consolidated, with only a modest USD gain versus the yen, suggesting buying momentum had not fully kicked in. Entering the week of Aug 11, USD/JPY has resumed its upward trajectory, maintaining the long-term bullish structure visible on the monthly chart. The key support zone has shifted upward from 128–138 (2023–2025) to the current 148–145 range. Note: The lower bound of the highlighted box has moved up from ~145 to ~146. Short-term swing traders could look for opportunities toward the 151 resistance area. As always, respect strong support zones for precise stop-loss placement, and keep position size within prudent risk limits (max 8% of total capital). Key Fundamental Drivers (CNBC) 1️⃣ Dollar under mild pressure — Nikkei rally signals a “risk-on” environment, typically weakening the yen’s safe-haven appeal and supporting USD/JPY. 2️⃣ US labor data in focus — Following last week’s weak NFP, weekly jobless claims ticked higher, pointing to potential labor market softness. 3️⃣ Euro gains slight support — Hopes of ending the Russia–Ukraine war lifted sentiment toward European assets. 4️⃣ Asian equities shine — Regional stock indices (e.g., Nikkei up 2–3%) reinforce the “risk-on” mood, generally negative for the yen and supportive for USD. 5️⃣ Current market snapshot — DXY: ~98.133 (slightly lower) USD/JPY: ~147.35 (sideways bias) Other majors like GBP/USD and NZD/USD also firmed on global risk sentiment and GDP prints. Implication for Technical Bias If you’re holding a long-term bullish position from the 128 region and price is now testing the 138 support area: Fed rate-cut expectations could cause short-term USD/JPY pullbacks. Weak US jobs data and renewed political risks might cap USD upside. If 138 holds, watch for price action confirmation to add to long positions. Macro Relationship Recap: Risk-on (equities up) → Yen weakens → USD/JPY tends to rise. Risk-off (equities down) → Yen strengthens → USD/JPY tends to fall.
Long
by NPQuangThai
2
GBP/USD Bearish Trade Idea** IF you like my observation, please boost and follow for more content." Overview: The chart displays a clear bearish setup on the 1-hour timeframe for the GBP/USD currency pair. The pair has formed a descending triangle pattern, indicating potential downward price action. The price has been respecting the trendline resistance, which adds confidence to the short trade. Here’s a detailed breakdown of the key elements for this trade: 1. Pattern Formation: Descending Triangle: A continuation pattern that suggests consolidation and potential breakout to the downside. The price is nearing the apex of the triangle, and we anticipate the breakout to occur below the horizontal support at 1.34495. 2. Entry Point: The entry is set at 1.34475, just below the critical horizontal support level. This level aligns with the trendline resistance from previous price action, ensuring that we are positioning ourselves at a point where price momentum is likely to shift downward. 3. Stop-Loss (SL): The stop-loss is placed at 1.35060, just above the trendline resistance. This level is chosen to minimize the risk in case the price fails to break the support and reverses back upward. Keeping the SL tight ensures that the risk is controlled. 4. Take-Profit (TP): The take-profit level is set at 1.33774, based on the price's potential to reach a key support zone. The target is set at a conservative level, providing a strong risk-to-reward ratio while aligning with previous price action lows. 5. Risk to Reward Ratio: With a SL of 85 pips and a TP of 705 pips, the trade offers a favorable 1:8.3 Risk to Reward Ratio. This ensures that the reward far outweighs the risk, making it a worthy trade setup for those seeking high probability and high return trades. 6. Technical Indicators: Trend Indicators: The 9 and 20 EMA lines confirm the bearish trend as the price is trading below these EMAs. The cross of the 9 EMA below the 20 EMA further supports the downside momentum. Volume: A decrease in volume during the consolidation phase suggests a buildup for a breakout, likely to the downside as indicated by the pattern. 7. Conclusion: This trade setup provides a logical bearish scenario, supported by strong technical analysis. The entry, SL, and TP are placed strategically based on price action and pattern confirmation. A breakout below the support level at 1.34475 would trigger the short position, aiming for the next significant support at 1.33774. The risk is well-managed with a tight SL, and the reward is significant, offering an excellent risk-to-reward profile. Make sure to monitor the breakout closely, as this setup depends on the price respecting the triangle formation.
Short
by Crystal_0404
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.
Short
by Rocky_trade_
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. #EURUSD #ForexTrading #PriceAction #TechnicalAnalysis #FXMarket #EuroDollar #TradingView #ChartAnalysis #ForexSignals #MarketUpdate #DayTrading #SwingTrading
Short
by FinanciallyFreedomTrader
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 . 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 . 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 . 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 . ** 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.
Long
by KingProTrader
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.
Short
by Rocky_trade_