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GBPUSD 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.
Long
by okako_trading
NZDCADNZD/CAD 4-Hour Analysis: Bullish Trend Reversal with Retest Strategy Chart Overview: This NZD/CAD 4-hour chart analysis highlights a recent bullish reversal pattern and identifies potential retest and continuation patterns. The analysis marks critical support and resistance zones, along with key swing highs (LH) and lows (LL), indicating potential price movements. Key Points: Trend Analysis: The chart shows a consistent bearish trend characterized by lower highs (LH) and lower lows (LL). Recent price action indicates a break in this pattern with the formation of a higher low (HL), suggesting a potential trend reversal. Support and Resistance Levels: Support: Significant support levels are marked around 0.8335 (purple zone). This zone was a previous resistance area and is expected to provide strong support after the breakout. Resistance: The next key resistance level to watch is around 0.8395. Bullish Reversal Signal: The price has broken above the key resistance zone at 0.8335, indicating a potential reversal from the bearish trend to a bullish trend. The price is currently trading above the support zone, indicating a potential bullish continuation. Potential Price Path: The analysis suggests a pullback towards the support zone around 0.8335, followed by a bullish continuation towards the next resistance level around 0.8395. The projected price path is indicated by the upward arrow, showing the expected move after the pullback. Market Sentiment: The sentiment is bullish given the breakout above the resistance zone and the support holding. Traders should look for higher lows (HL) and higher highs (HH) to confirm the bullish trend. Trading Plan: Look for buying opportunities on pullbacks towards the support zone around 0.8335. Consider placing stop-losses just below the support level to manage risk. Target the resistance level around 0.8395 for potential take-profits. This analysis suggests a potential bullish continuation for NZD/CAD, with buying opportunities on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.
Long
by harshkjogadia
GBPCADGBP/CAD 4-Hour Analysis : Bullish Breakout and Retest Strategy Chart Overview: This GBP/CAD 4-hour chart analysis highlights a recent bullish breakout from key resistance levels and identifies potential retest and continuation patterns. The analysis marks critical support and resistance zones, indicating potential price movements. Key Points: Trend Analysis: The chart shows a bearish trend followed by a consolidation phase, indicating the formation of a potential reversal pattern. Recent price action suggests a strong bullish breakout, indicating a shift towards bullish momentum. Support and Resistance Levels: Support: Significant support levels are marked around 1.7380 (purple zone) and 1.7300 (grey zone). These zones were previous resistance areas and are expected to provide strong support after the breakout. Resistance: The key resistance level to watch is around 1.7480, highlighted by the upper purple shaded box. Bullish Breakout Signal: The price has broken above the key resistance zone at 1.7380, suggesting the bearish trend is reversing and bullish momentum is emerging. The price is currently trading above the support zone, indicating a potential bullish continuation. Potential Price Path: The analysis suggests a pullback towards the support zone around 1.7380, followed by a bullish continuation towards the next resistance level around 1.7480. The projected price path is indicated by the upward arrow, showing the expected move after the pullback. Market Sentiment: The sentiment is bullish given the breakout above the resistance zone and the support holding. Traders should look for higher lows (HL) and higher highs (HH) to confirm the bullish trend. Trading Plan: Look for buying opportunities on pullbacks towards the support zone around 1.7380. Consider placing stop-losses just below the support level to manage risk. Target the resistance level around 1.7480 for potential take-profits. This analysis suggests a potential bullish continuation for GBP/CAD, with buying opportunities on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.
Long
by harshkjogadia
EURUSD: A QUICK RECAP1hr time frame: the market has been making higher highs higher lows indicating that the market is bullish 15 min time frame: the market had made some liquidity traps in this time frame where the bears were trapped and the market had been going up using this liquidity But not I am expecting the market to make a proper correction in the 1 hour time frame But as you can see there was a large wick on friday which collected a lot of liquidity both on the downside and the upside. so lets see how the market reacts. I am still bullish
Long
by VitalismTraders
UK election risk to GBP, according to FX optionsImplied volatility gauges FX realised volatility expectations and is a key component of an FX option premium. Overnight expiry GBP related implied volatility now includes the UK election and is therefore a bellwether for related FX volatility risk. Overnight GBP/USD implied volatility has averaged 7.5 over recent sessions - a premium/break-even of 40 USD pips in either direction for a simple vanilla straddle. Since including the election, its implied volatility is 10.25 or 54 USD pips in either direction and much of that additional volatility risk premium can probably be attributed to Friday's NFP data.
Long
by FXBANkthe8055
EURUSD - 8-12 July24 weekly plays 1. Monthly chart: #Is in consolidation phase - 2. Weekly chart - a. Volume Imb @1.07388 levels 3.next week major news events are only from wed night till friday Core CPI Data 8-12th July Scenario -1: a. If Monday Price pips up to weekly OB @1.08460 levels then we see retracement to Daily FVG.(63.3) pips play b. If that paly out then & the we can expect PA to head lower to cover the weekly vol imbalance @ 1.07388 levels(102.6) pips move. Scenario -2: a. If Monday Price pips up to weekly OB @1.08460 levels and head higher to the daily OB @ 1.08677 levels which would be just then 21.1 pips higher. b. then we turn bearish to see retracement to Daily FVG.(63.3) pips play & we can expect PA to head lower to cover the weekly vol imbalance @ 1.07388 levels(102.6) pips move. Fib Retracement levels also brings confluence to above scenarios
by SakhiKaDarQalandar
2
EUR/CHF 4H Analysis: Anticipating a CorrectionThis EUR/CHF 4-hour chart analysis outlines significant market structure shifts and volume imbalances. Key observations include: Break of Structure (BoS-4h) identified, indicating previous high points. Change of Character (ChoCh-4h, ChoCh-1h) marks key reversal zones. Notable volume imbalance around 0.96500, suggesting a potential correction before further upward movement. Demand zone (DE-1d) near 0.94000 indicates a strong support level. Watch for a pullback to the volume imbalance zone around 0.96500 before a potential continuation of the uptrend. Contact me for more detailed analysis and updates.
Long
by Karnatrader
EUR/USD 4H Analysis: Key Liquidity Zones and Potential Reversal This EUR/USD 4-hour chart highlights critical liquidity zones and potential reversal points. The chart shows a break of structure (BoS-4h) and significant supply and demand zones (SU-4h and DE-4h). Key observations include: Price has reached a 4-hour supply zone (SU-4h) near 1.08500. Potential liquidity traps are identified above and below the current price level. A marked order block (OB D) suggests a possible reversal around 1.08550. Further liquidity zones are noted at higher levels (1.09000) and lower levels (1.06500, 1.06000), indicating possible targets for price action. Keep an eye on the upcoming price movements around these zones for potential trading opportunities. Contact me for more detailed analysis and updates.
Short
by Karnatrader
EURUSD SHORTFOREXCOM:EURUSD 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 Smart Money 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... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Short
by Phinics
EURUSD bulls jostle with 200-SMA hurdle on US HolidayEURUSD struggles to keep the buyers on board early Thursday, after rising for four consecutive days, as market momentum dwindles during the US holiday. That said, the Euro pair jumped to a three-week high while rising the most in a week after the US statistics drowned Greenback the previous day. However, the cautious mood ahead of Friday’s key US employment report might have challenged the bulls of late, especially amid dicey markets. That said, the RSI’s pullback from the overbought region and receding bullish bias of the MACD joins the 200-SMA to limit the quote’s further upside past 1.0790-85. Even if the quote crosses the 1.0790 hurdle, the 1.0800 threshold and the 61.8% Fibonacci ratio of March-April fall, close to 1.0840, will prod the additional advances. Above all, a four-month-old descending resistance line, close to 1.0895, quickly followed by the 1.0900 round figure, will act as the final defense of the bears. Meanwhile, the EURUSD pair’s retreat appears elusive beyond the week-start peak of around 1.0776. Following that, the 100-SMA support of 1.0730 will be crucial to watch for the Euro bears. It’s worth noting, however, that an ascending support line from mid-April, close to 1.0680 by the press time, appears a tough nut to crack for the sellers, a break of which will make the pair vulnerable to slump toward the yearly low of 1.0600 marked in April. Overall, the EURUSD pair is likely to remain on the bull’s radar during a less active day. However, the quote’s upside room appears limited and hence highlights Friday’s key data/events.
by MTradingGlobal
EURUSD TRADE SETUPFOREXCOM:EURUSD FX:EURUSD OANDA:EURUSD 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 Smart Money 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... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Long
by Phinics
1
GBPUSD SHORTFOREXCOM:GBPUSD 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 Smart Money 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... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Short
by Phinics
GBPUSD pokes key upside hurdles as UK/US PMI, Fed Minutes loomGBPUSD struggles to defend the five-day uptrend early Wednesday as traders await key activity numbers from the UK and the US, as well as Minutes of the latest Federal Reserve (Fed) monetary policy meeting. It’s worth noting that the US Dollar’s weakness past Fed Chair Jerome Powell’s speech propelled the quote’s previous rebound from a two-month-old horizontal support, enabling buyers to poke the 100-bar SMA. Also underpinning the upside bias are the firmer RSI conditions and the bullish MACD signals. However, the 100-SMA’s bearish cross of the 200-SMA, known as the death cross, challenges the Cable buyers unless crossing the broader moving average, namely the 200-SMA hurdle of 1.2715. Following that, the mid-June swing high of around 1.2740 and 1.2800 become imminent targets for the Pound Sterling buyers before aiming for the previous monthly high of around 1.2860. Meanwhile, GBPUSD sellers need firmer US data and hawkish Fed Minutes, as well as a successful break of the aforementioned two-month-old horizontal support surrounding 1.2610-15. Following that, the Cable bears will aim for the 1.2550 and the 1.2500 thresholds ahead of challenging May’s bottom surrounding 1.2445. It should be observed that the Pound Sterling’s sustained weakness past 1.2445 will make it vulnerable to challenge the yearly low marked in April surrounding 1.2300. To sum up, the GBPUSD bulls are at a crossroads and need a fundamental push to keep the reins.
by MTradingGlobal
1