EURUSD Gearing Up for Next Leg Up – DXY Weakens After PPI MissToday, key U.S. economic indexes were released, providing fresh insights into inflationary pressures and the state of the labor market:
Core PPI m/m:
Actual: 0.1% | Forecast: 0.3% | Previous: -0.4%
Lower than expected – suggests weaker underlying producer inflation.
PPI m/m:
Actual: 0.1% | Forecast: 0.2% | Previous: -0.5%
Slight miss – overall inflation at the producer level remains soft.
Unemployment Claims:
Actual: 248K | Forecast: 242K | Previous: 247K
Slightly higher than forecast – signaling some cooling in the labor market.
Market Outlook :
These data releases point toward cooling inflation and softness in job growth, which may strengthen the dovish narrative around the Fed’s next move.
DXY Index ( TVC:DXY ) is under pressure, and EURUSD ( FX:EURUSD ) is showing signs of bullish momentum .
-----------------------------------------------------------
Now let's take a look at the EURUSD chart on the 1-hour time frame .
EURUSD is trading near the Heavy Resistance zone($1.182-$1.160) and Monthly Resistance(2) .
In terms of Elliott Wave theory , EURUSD appears to be completing microwave 4 . Microwave 4 could be completed at one of the Fibonacci levels .
I expect EURUSD to attack the Heavy Resistance zone($1.182-$1.160) at least once more after completing microwave 4 and could even rise to the Potential Reversal Zone(PRZ) .
Note: If EURUSD touches $1.1446 , we can expect more dump.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Forex
AUDNZD BULLISH SETUPThe 4-hour chart of AUD/NZD shows a strong bullish breakout from a prolonged consolidation phase, followed by a healthy retest of the breakout level, suggesting the pair is gearing up for further upside.
Key Observations:
Consolidation Breakout: After spending several weeks in a tight consolidation range between 1.0760–1.0800, the price has convincingly broken above the range resistance near 1.0810.
Key Level Retest: The breakout zone (previous resistance) is now acting as new support, confirmed by multiple rejections (highlighted area).
Bullish Momentum: Structure is forming higher highs and higher lows, indicating continuation of upward trend.
Upside Target: With the breakout holding, the next logical target lies near the resistance zone around 1.0910, which served as a previous swing high.
Conclusion:
AUD/NZD is showing bullish strength after breaking out of consolidation and holding above the retested key level. As long as 1.0800–1.0810 support holds, the pair remains poised for a bullish continuation toward the 1.0900–1.0920 resistance zone. A break below this level would invalidate the setup and bring price back into the previous range.
AUDCHF BEARISH SETUPThe AUD/CHF 4-hour chart is presenting a classic Head & Shoulders pattern within a well-defined bearish descending channel, signaling a likely continuation to the downside if neckline support fails.
Key Observations:
Bearish Channel in Play: The broader trend remains bearish, with price action respecting both channel boundaries.
Head & Shoulders Formation: A visible Head & Shoulders pattern has formed near the top of the channel, with the neckline around 0.5275.
Neckline Break Risk: Price is currently testing the neckline area (highlighted in red). A confirmed break below would likely trigger bearish momentum.
Downside Target: A break below the neckline could push AUD/CHF toward the support zone near 0.5220, in line with the lower boundary of the channel.
Trend Structure: Lower highs and lower lows continue to dominate, reinforcing the bearish bias.
Conclusion:
AUD/CHF remains technically weak, and the emerging Head & Shoulders breakdown may act as a strong continuation signal within the existing downtrend channel. A clear close below 0.5270 could open the door for a further drop toward 0.5220. Caution is warranted for bulls unless a significant reversal signal emerges.
ETHUSD Will Go Down! Sell!
Take a look at our analysis for ETHUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2,415.11.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1,957.20 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPCHF Is Bearish! Sell!
Here is our detailed technical review for GBPCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.100.
The above observations make me that the market will inevitably achieve 1.091 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Market next target 🔄 Disruption Analysis:
1. Weak Support Confirmation
The chart marks a "Support area," but there is no strong confirmation (e.g., a hammer or engulfing bullish candle with high volume).
Support zones are more reliable with multiple prior bounces; here, it seems newly identified and not yet validated.
2. Bearish Volume Signature
During the recent decline (before the support), the red volume bars are significantly larger, indicating strong selling pressure.
The recovery candles near support have low volume, which may signal lack of conviction from bulls.
3. Lower Highs Formation
Prior to the drop, we see a series of lower highs, hinting at weakening bullish momentum.
This could suggest a potential bearish continuation, especially if price fails to break above the last local high (~106,000).
4. Possible Bearish Retest
Instead of a bullish breakout, the current price might just be retesting the broken support-turned-resistance.
This is a common bull trap scenario where prices bounce slightly before resuming downward.
GBPUSD: Bearish After Opening 🇬🇧🇺🇸
There is a high chance that GBPUSD will drop after the market opening.
I see a strong bearish confirmation after a test of a recently broken trend line.
The price formed a head & shoulders pattern and violated its neckline
on an hourly time frame.
Goal - 1.3425
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL BEST PLACE TO SELL FROM|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 73.94
Target Level: 72.14
Stop Loss: 75.12
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BEST PLACE TO SELL FROM|SHORT
NZD/USD SIGNAL
Trade Direction: short
Entry Level: 0.607
Target Level: 0.603
Stop Loss: 0.610
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR/USD Daily Chart Analysis For Week of June 20, 2025Technical Analysis and Outlook:
During this week's trading session, the Eurodollar has encountered a significant decline, dipping below the Mean Support level of 1.149; however, it exhibited a modest recovery on Friday. Recent analyses indicate that the Euro is likely to decrease further to the Mean Support level of 1.148, with the potential for extending its bearish trend to reach 1.140. Nevertheless, there remains a possibility that the current recovery will persist, which could result in price movements targeting the Key Resistance level at 1.158 and potentially leading to a retest of the Outer Currency Rally's 1.163 mark.
AUDCAD BEARISH SETUPThe 4-hour chart for AUD/CAD shows a well-respected bearish descending channel, where price action remains capped below a strong dynamic resistance. Price recently rejected a key resistance zone near 0.8900, signaling a potential continuation to the downside.
Key Observations:
Bearish Channel Intact: Price continues to respect the upper and lower bounds of the descending channel.
Key Resistance Rejection: The pair tested the 0.8900 resistance area and faced immediate rejection (highlighted in red), forming a lower high.
Break of Trendline: A rising trendline from the recent low has been broken, reinforcing bearish pressure.
Support Zone in Sight: If bearish momentum continues, the next major support lies around 0.8780 – 0.8800, offering a possible target area.
Short-term Setup: Minor upward retracement may retest the broken trendline, but unless 0.8900 is breached, the bias remains strongly bearish.
Conclusion:
AUD/CAD remains under bearish control within the descending channel. The recent rejection from the upper boundary and break of the rising trendline suggest a high-probability move toward the 0.8800 support zone. Traders should look for confirmation of lower highs or bearish engulfing patterns to position short.
GOLD: Retesting support will lead to a riseHello to all beloved traders, Lucas_Reid here!
Gold has now broken upward from the wedge and confirmed recent bullish momentum. A major player is building a position above the wedge and preparing for distribution. But the main question is: how long will it last?
Fundamentally, the recent gold surge was triggered by escalating tensions in the Middle East and large-scale missile exchanges between Iran and Israel – drawing safe-haven flows. Interestingly, gold pulled back slightly by the end of Friday’s trading session, hovering around $3,368 at the time of writing (a reasonable move after the spike). However, the broader macro backdrop still favors gold in the medium term, with persistent demand from central banks and ongoing geopolitical risks providing support.
Additionally, the US dollar is in a global downtrend, and traders are awaiting a decision from Powell (who is under pressure from Trump to cut rates).
From a technical perspective, if we zoom out, we can see buyers in control, suggesting continuation. Price has broken out of recent consolidation. The volatility that followed was then absorbed and reacted above the breakout level. Theoretically, we can speculate that big players are building positions above the current wedge. This can only suggest potential future deployment (distribution).
BUT failure to hold above this level could invalidate the bullish scenario and increase the chance of a pullback to the lower boundary of the channel.
Respectfully,
Lucas_Reid!
EURUSD BEARISH SETUP
The EUR/USD 4-hour chart reflects a significant technical setup, showing price action within a bullish ascending channel that has recently broken to the downside, forming a falling wedge pattern—typically a bullish continuation signal.
Key Observations:
Bullish Channel Broken: The price broke below the ascending channel earlier this month, signaling initial weakness.
Falling Wedge Formation: A bullish falling wedge has developed, and the pair is now testing its upper boundary near 1.1522, attempting a breakout.
Resistance Zone: The price is approaching a key resistance area between 1.1550 – 1.1600, which aligns with previous highs and the wedge's upper edge.
Scenario Projection:
A temporary bullish breakout toward the resistance zone is expected.
If the pair gets rejected from this resistance, a sharp decline toward the major support area near 1.1300 is likely.
Bearish Confirmation: A clear rejection at the resistance zone followed by a break below the recent minor support (red zone) would confirm the bearish move.
Conclusion:
While short-term bullish momentum may push EUR/USD slightly higher, the confluence of resistance levels suggests a high probability of rejection. Traders should watch for reversal signals in the 1.1550–1.1600 zone, as failure to break higher could lead to a bearish move toward 1.1300 in the coming days.
GBPUSD: Bearish pressure persistsGBPUSD is consolidating below a key medium-term resistance zone, with a rounding top and a minor head-and-shoulders pattern forming. The price is currently retesting the Fair Value Gap near 1.34900 — a potential reversal zone if it fails to break higher.
On the fundamental side, the Bank of England's decision to hold interest rates on June 19 disappointed the market. Meanwhile, the US dollar remains supported by safe-haven demand and the Federal Reserve’s hawkish tone, adding further pressure on GBP.
If GBPUSD fails to hold the trendline support near 1.33700, the risk of a deeper decline increases. Both the technical structure and macro fundamentals favor the bears.
NZDUSD My Opinion! BUY!
My dear subscribers,
My technical analysis for NZDUSD is below:
The price is coiling around a solid key level - 0.6015
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.6043
My Stop Loss - 0.5999
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
APPLE Trading Opportunity! BUY!
My dear followers,
This is my opinion on the APPLE next move:
The asset is approaching an important pivot point 196.46
Bias - Bullish
Safe Stop Loss - 193.21
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 202.06
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPCHF Will Explode! BUY!
My dear subscribers,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.0989 pivot level.
Bias - Bullish
My Stop Loss - 1.0948
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1062
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBP_NZD RISKY SHORT|
✅GBP_NZD is going up now
But a strong resistance level is ahead at 2.2591
Thus I am expecting a pullback
And a move down towards the target of 2.2524
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-NZD Bullish Breakout! Buy!
Hello,Traders!
EUR-NZD keeps growing and
The pair made a bullish breakout
Of the key horizontal level
Of 1.9270 and the breakout
Is confirmed so we are bullish
Biased and we will be
Expecting a further move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-CHF Resistance Ahead! Sell!
Hello,Traders!
EUR-CHF keeps growing
But a strong horizontal
Resistance level is ahead
Around 0.9443 so after
The retest we will be
Expecting a local pullback
And a local bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR_GBP WILL KEEP GROWI|LONG|
✅EUR_GBP broke the key horizontal level of 0.8540
Which is now a support then went down
To retest it and we are now seeing
A bullish reaction so I think that
The pair will go even higher up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
$JPIRYY -Japan CPI (May/2025)ECONOMICS:JPIRYY
May/2025
source: Ministry of Internal Affairs & Communications
- Japan's annual inflation rate edged down to 3.5% in May 2025 from 3.6% in the previous two months, marking the lowest level since November.
Price growth eased for clothing (2.6% vs 2.7% in April), household items (3.6% vs 4.1%), and healthcare (2.0% vs 2.2%), while education costs fell further (-5.6%). In contrast, inflation held steady for transport (2.7%) and miscellaneous items (1.3%), but accelerated for housing (1.1% vs 1.0%), recreation (3.0% vs 2.7%), and communications (1.9% vs 1.1%).
Meanwhile, prices of electricity (11.3% vs 13.5%) and gas (5.4% vs 4.4%) remained elevated.
On the food side, prices increased by 6.5%, staying at the slowest pace in four months, though rice prices soared over 100%, underscoring the limited impact of government efforts to rein in staple food costs.
Meanwhile, the core inflation accelerated to 3.7% from 3.5% in April, reaching its highest level in over two years, ahead of the summer election.
Monthly, the CPI rose 0.3%, after a 0.1% gain in April.