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CADCHF Will Go Down From Resistance! Short! Take a look at our analysis for CADCHF. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.631. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.625 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
SPX500USD Will Go Lower! Sell! Please, check our technical outlook for SPX500USD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 6,122.6. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 6,074.3 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDShort
by SignalProvider
1
USD/JPY – Retesting key resistance before declineThe market is undergoing a correction after breaking its bullish structure. The weakening US Dollar (USD) has created favorable conditions for other assets, including the Japanese Yen (JPY). USD/JPY is currently retesting the previously broken trendline following a strong downward impulse. On Thursday, the Yen reached its highest level in 10 weeks, pushing USD/JPY down to 149.5. Escalating trade tensions driven by Donald Trump’s aggressive tariff policies have led investors to seek safe-haven assets. Additionally, expectations of a Bank of Japan (BoJ) rate hike have further strengthened JPY’s position in the market. In the short term, USD/JPY may continue a corrective rebound, testing the 0.618 - 0.5 Fibonacci retracement zone before resuming its downward movement.
Short
by Bentradegold
CAD/JPY: Potential Reversal as Buyers Step InCAD/JPY has shown signs of exhaustion in its bearish momentum after completing a deep Bat harmonic pattern. The pair has reached a key Fibonacci extension zone, where price action suggests a possible reversal. Bullish interest is evident with price stabilising near the 105.50 level, supported by oversold conditions on momentum indicators. If buyers sustain pressure, a corrective move towards 106.50 and potentially 107.18 could unfold. Confirmation through a breakout of local resistance would further validate a bullish recovery scenario.
Long
by BeaucoupPips
AUD/USD Bearish Breakout PotentialThe chart shows AUD/USD on a 1-hour timeframe, highlighting a consolidation phase with multiple rejections at resistance (labelled 1-4). The price has recently rejected the upper boundary and is breaking down from the range, suggesting bearish momentum. A significant liquidity grab appears to have occurred near the highs, followed by a strong rejection. The projected move suggests a further decline toward the next support level around 0.6300. Traders might look for confirmation via increased selling pressure and volume before entering short positions.
Short
by BeaucoupPips
GBP/USD at Key Resistance: Potential Reversal or Continuation?The GBP/USD 15-minute chart indicates a strong uptrend, with price action forming a **Crab harmonic pattern**, suggesting a potential overextension. The pair has reached a key resistance zone at **1.26323**, aligning with significant Fibonacci levels, with the **Harmonic Optimal Point (HOP) at 1.26469** acting as a potential reversal area. If a pullback occurs, the first downside targets are 1.26127 and 1.25993 , while the ** 200 EMA ** below may provide further support. A sustained break above 1.26469 could signal continued bullish momentum. Traders should monitor price action for confirmation before positioning accordingly.
Short
by BeaucoupPips
1
EUR/USD Market Analysis – Bearish Reversal from Key ResistanceThe EUR/USD pair has formed a bearish Bat harmonic pattern , completing near the 0.886 Fibonacci retracement level. Price action has reacted strongly at this resistance, indicating a potential reversal. The first target (T1) is around 1.0394 , while the second target (T2) is near 1.0325 , aligning with key Fibonacci levels. If the resistance holds, a bearish move towards these targets is likely. However, a sustained break above the high may invalidate the bearish setup. Traders should monitor price action closely for confirmation.
Short
by BeaucoupPips
USDJPY: Bullish signal on the 0.5 Fib.USDJPY is almost oversold on its 1D technical outlook (RSI = 32.042, MACD = -1.350, ADX = 47.008), pulling back on a technical retrace inside the long term Channel Up. This bullish wave correction is identical to the 0.5 Fibonacci pullback of December 29th 2023 that also traded on similar RSI levels. We expect the price to start recovering now and aim at the 1.382 Fibonacci. Go long, TP = 166.300. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
USOIL Reversal in Motion? Key Levels You Can’t Ignore!Market Structure Breakdown: 🔸 Daily Timeframe: • We initially identified a double-bottom formation, signaling a bullish push to grab liquidity above previous highs. • However, buyers failed to sustain momentum, leading to a structural shift. 🔸 H4 Timeframe: • Strong impulse move downward, breaking key structure. • Formed a lower high, indicating seller control. 🔸 H1 Timeframe: • Entry confirmation: Lower high + structure break + retest. • Current Position: Short trade floating +142 pips in profit. • Stops secured in profit = No risk on the trade. 🎯 Next Targets & Key Levels: ✅ Target 1: Sweep 7040 low. ✅ Target 2: Potential drop to 7026 if momentum continues. ⏳ Crucial Confirmation Needed: • If today’s bearish candle closes above average, it will confirm a true lower high and increase chances of breaking consolidation to move lower. 🛠 Trade Management: • Profits taken at: +30 pips, +60 pips, +100 pips. • Current floating: +142 pips. • Overall target: +212 pips (1:5 / 1:6 RR). • If we break consolidation, we’ll trail TP and maximize gains. This trade is a textbook example of a failed bullish push leading to a structural breakdown. With stops locked in profit, we’re letting the trade play out risk-free, while looking for further downside expansion. If you’re tracking USOIL, keep an eye on these key levels and watch how price reacts! 🚀📊
FX:USOILShort
by BlueOceanFxAcademy
AUD/USD: Smart Money Loading Up or Another Trap?AUD/USD – Bullish Momentum or Liquidity Grab? Technical Breakdown: The Australian Dollar vs. US Dollar (AUD/USD) is showing an interesting setup, with price action hinting at potential continuation to the upside. Let’s dive into the analysis across multiple timeframes to see if buyers are in control or if we’re facing another liquidity trap. Weekly Timeframe: • AUD/USD experienced a strong bearish move after reaching 0.6938 in September 2024, followed by a relentless downtrend to 0.6085 by mid-November. • Since then, we’ve seen a three-week bullish push off the lows, suggesting a potential shift in sentiment. • A higher low has been established, but the key question remains: Will buyers maintain control? Daily Timeframe: • A structural break above 0.6311 signals bullish intent. • The market previously swept early buyers, forming a double bottom, before pushing back above resistance. • Current price action is retesting this level, potentially building liquidity for the next leg up. H4 Timeframe (Trade Execution Level): • Price printed a higher low at 0.6371, and bullish momentum is attempting to reclaim the recent highs. • A strong bearish retracement provided a potential early buy entry, setting up a high reward-to-risk trade. • If price holds above the 0.6359 entry zone, we could see further upside targets. Entry & Risk Management: • Entry: 0.6359 • Stop Loss: 0.6371 (tight 5-pip stop) • First Target: 0.6408 (1:6 RR) • Final Target: 0.6446 (1:9-1:10 RR) Market Psychology & Liquidity Play: • Many traders chased the highs and placed stop losses below local support—these were swept out. • A large bullish volume candle remains significant, hinting at strength in buyers. • If the market sustains momentum, we could see a move toward higher resistance at 0.6446. Conclusion: AUD/USD is setting up for a potential bullish breakout, but traders must watch for confirmations on lower timeframes. If price structure holds, this could be a highly profitable swing trade. Like this breakdown? Follow, boost the post, and drop your thoughts in the comments! Let’s see where AUD/USD heads next.
Long
by BlueOceanFxAcademy
2
$JPIRYY -Japan's Inflation Rate (CPI)ECONOMICS:JPIRYY 4% (January/2025) source: Ministry of Internal Affairs & Communications - The annual inflation rate in Japan climbed to 4.0% in January 2025 from 3.6% in the prior month, marking the highest reading since January 2023. Food prices rose at the steepest pace in 15 months (7.8% vs 6.4% in December), with fresh vegetables and fresh food contributing the most to the upturn. Further, electricity prices (18.0% vs 18.7%) and gas cost (6.8% vs 7.8%) remained elevated with the absence of energy subsidies since May 2024. Additional upward pressure also came from housing (0.8% vs 0.8%), clothing (2.8% vs 2.9%), transport (2.0% vs 1.1%), furniture and household items (3.4% vs 3.0%), healthcare (1.8% vs 1.7%), recreation (2.6% vs 4.0%), and miscellaneous items (1.4% vs 1.1%). In contrast, prices continued to fall for communication (-0.3% vs -2.1%) and education (-1.1% vs -1.0%). The core inflation rate rose to a 19-month high of 3.2%, up from 3.0% in December and topping consensus of 3.1%. Monthly, the CPI increased by 0.5%, after December's 14-month top of 0.6% rise.
ECONOMICS:JPIRYY
by Mr_J__fx
GOLD | Key Pivot Holding – Breakout or Rejection?GOLD Technical Analysis – February 21, 2025 Gold is currently trading within the pivot range at $2,935, showing consolidation. The price is still indecisive, and further movement depends on the next breakout. The price is trying to touch $2918 from $2935, which means as long as trades below $2935. 📉 Bearish Scenario: If Gold closes below $2,918 and confirms with a 4H candle, it may continue its decline toward $2,907 and $2,895. A breakdown below $2,873 will extend losses toward $2,860 and $2,840. 📈 Bullish Scenario: Stability above $2,935 could push the price toward $2,956 and $2,974 in the next bullish attempt. A breakout above $2,974 may lead to further highs. Key Levels: Pivot Line: $2,935 Resistance Levels: $2945, $2,956, $2,974 Support Levels: $2,918, $2,895, $2,873
OANDA:XAUUSDShort
by SroshMayi
2