Asian session GJ trade, This is not financial advice just education. Idea is strictly based on price action
Forexstrategy
GBP/USD Breakdown – Support Under Pressure, Bearish Target AheadChart Analysis:
The GBP/USD pair is currently trading around 1.29578, facing resistance near 1.30366.
A support zone has been identified around 1.29000, which the price is testing.
If this support level breaks, we could see a bearish move toward the next target near 1.26970.
Strong support is positioned lower, which may act as a key reversal point if the decline continues.
Trading Outlook:
Bearish Scenario: If the price breaks below the current support, a drop toward 1.26970 seems likely.
Bullish Scenario: If GBP/USD holds above support, we may see a retest of resistance at 1.30366.
Conclusion:
Traders should watch for a confirmed breakout or rejection at support before taking positions. A clean break below could trigger a stronger bearish move. 🚨
GBP/USD - Potential Bearish Reversal Setup
📉Market Structure:
The pair has been in an uptrend, forming a rising channel. However, price is now facing strong resistance around 1.2936 - 1.3009, showing signs of exhaustion. A potential reversal could be forming.
🔍 Key Levels:
Resistance Zone: 1.2936 - 1.3009
Current Price: 1.2936
Target Support: 1.2208
📊 Trade Idea:
A rejection from the resistance zone could initiate a bearish move.
A confirmed breakdown below 1.2900 may trigger further downside toward the 1.2208 target zone.
Stop-loss placed above the 1.3009 resistance to manage risk.
🚨 Confirmation & Risk Management:
Bearish Confirmation: Rejection from resistance with strong selling momentum.
Invalidation: A breakout above 1.3009, indicating bullish continuation.
Risk Management: Stop-loss at 1.3009 with a favorable risk-to-reward ratio.
This setup suggests a short opportunity if price respects resistance and begins a downward move. Traders should watch for confirmation signals before entering.
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Vertical lines are colored and placed to indicate the expected direction of the price. Just my thoughts.
Analysis Gold buy NowDistance Analysis from Current Price (2,921.67 USD)
1. Resistance Level (2,955.44 USD)
Distance from Current Price: 33.77 USD
2. Intermediate Resistance (Green Line around 2,940 USD
Distance from Current Price: 18.33 USD
3. Support Level (Middle Red Zone around 2,910 USD)
Distance from Current Price: 11.67 USD
4. Major Support (Lower Red Line around 2,900 USD)
Distance from Current Price: 21.67 USD
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Potential Price Movements:
Bullish Case:
If the price breaks above 2,940, it may rise toward the major resistance at 2,955.44 (+33.77 USD).
Bearish Case:
If the price drops below 2,910, it could decline toward 2,900 (-21.67 USD).
EUR/USD Technical Analysis: Consolidation, Demand Zones✅ Daily Timeframe Insights:
The EUR/USD has been consolidating between the 25% and 75% levels of its range. A potential upside continuation is expected if the demand zone at the bottom of the range holds. We’re eyeing a breakout of key levels for a bullish push.
✅ Weekly Timeframe Overview:
The EUR/USD is poised to target the previous week's high, supported by a weekly structural shift. This aligns with a broader retracement from liquidity lows, indicating strong momentum for further upside in the short term.
✅ Key Levels to Watch:
Resistance at 1.04670 (December high) is critical for further bullish confirmation.
Immediate downside risk arises if the current demand zone fails to hold.
✅ Economic Impact:
Today’s inflation data release will likely drive significant volatility. Traders should prepare for rapid price action and adjust strategies accordingly.
⚙️ Technical Tools & Key Concepts Used:
Liquidity zones
Supply & demand analysis
Fibonacci retracements (0.5 and 0.618 levels)
Weekly and daily fractal structure shifts
🚀 Forecast Summary:
While the bullish trend remains intact, news events like inflation figures could create temporary volatility or even reversals. For now, EUR/USD’s demand zones remain in control, favoring upside continuation. A break below key levels would signal short-term bearish opportunities.
Tags:
#EURUSD #ForexTrading #TechnicalAnalysis #SupplyAndDemand #PriceAction #TradingStrategy
TOSH/USD Long Setup | Fresh H1 Demand Zone Formation TOSH/USD is setting up for a potential long opportunity as price hovers around $0.000800, preparing to form a fresh demand zone on the H1 timeframe.
✅ Supply & Demand Strategy – A new demand zone is developing, indicating strong buyer interest.
✅ Bullish Reversal Potential – If price confirms the zone, we may see an upward move.
✅ Key Support Levels – Watching for confirmation around $0.000800 to validate entry.
✅ Risk-to-Reward Optimization – Stop-loss below the demand zone, targeting higher liquidity levels.
💡 Trading Plan:
🔹 Entry: Await confirmation of demand zone formation.
🔹 Targets: Look for potential resistance levels above.
🔹 Risk Management: Use proper SL & position sizing.
📊 What’s Next?
If buyers step in at the new demand zone, we could see bullish momentum taking price towards the next resistance levels. Stay tuned for updates!
#TOSHUSD #CryptoTrading #SupplyAndDemand #ForexStrategy #TradingView
GBP/USD Bullish Setup: Buyers Show Strong InterestAnalysis:
The Cable (GBP/USD) on the hourly chart has demonstrated impressive strength to the upside recently. However, on Friday, we observed a trend-changing pullback, with price retreating from a high of 1.2502 to a low of 1.2426.
Following this, the price broke the previous high again before creating a momentum low at 1.2414 earlier today.
On the 5-minute chart, a bullish setup has now formed following the momentum low. This suggests that buyers remain engaged, and we could see a bullish move back towards the 1.2499 level or potentially the high of 1.2524.
Entry Price: 1.2447 Long Entry
Stop Loss: 1.2412
Happy trading!
GBP/USD at Crucial Support: Will It Hold?GBP/USD has broken below the support line and is currently trading near key support levels.
If the price fails to hold these levels, we could see a sharp decline in GBP/USD.
London Session Forex Market Analysis: USD Strength Leads the wayHi Traders,
Here’s a quick market analysis for the London session.
We’ve observed some notable movements in the currency pairs under review. As a quick recap from our weekly trade planning session (Portfolio Selection):
Strong currencies: USD remains the leader, followed by JPY, CAD, CHF, and AUD.
Weak currencies: EUR, NZD, and GBP.
The USD's bullish momentum is clearly dominating across the board, providing opportunities to target selling the weaker currencies against the USD.
Remember to approach the markets with a clear plan and stick to your trading plan.
Happy Trading!
USD/JPY Long Setup: Gap Fill in Focus
A recent price gap on the USD/JPY chart suggests potential for a long position. Given the price gap, we expect a possible gap fill scenario similar to last week, where the price moved to close the gap. This provides an opportunity to enter a long trade, anticipating upward movement with a careful stop loss.
Support Zone : 151.650 - 151.752
Stop Loss: 151.596
Take Profit : 152.878
WHAT ARE GOLD GOING TO DO? HERE IS THE COMPLETE ANALYSIS 2H TFTechnical Analysis: Currently, XAU/USD is approaching the resistance level at $2790, where I believe we could see a significant selling opportunity. This level has historically acted as a barrier, and recent price action suggests that bullish momentum may be waning. If the price reaches $2790, I anticipate a potential reversal, with targets set for a downward move towards $2765. A break below $2775 would further confirm bearish sentiment, opening the door for additional downside.
Fundamental Analysis: The gold market is heavily influenced by shifts in monetary policy and global economic conditions. With the Federal Reserve signaling a potential tightening of interest rates and ongoing concerns over inflation, investors may look to liquidate positions in gold as the opportunity cost of holding non-yielding assets rises. Additionally, geopolitical tensions and market volatility could prompt a flight to safety, but if these factors stabilize, we could see a shift in sentiment favoring dollar strength. This backdrop supports the notion of a sell-off in XAU/USD from $2790 to $2765 as traders adjust their positions in response to changing economic signals. Let’s watch for these developments!
GBPUSD WEEKLY ANALYSISIn the video we look into a few confluences as to why we could see a bullish move on GU. From the previous week closing really bullish and the 4hr structure making HH and HL indicating more bullish move.
EURJPY TRADE REVIEW In this video i go over a quick trade executed on EURJPY and i also listed out the confluences and thought process that led to the winning position. after seeing the 4hr structure retrace back into the Fibonacci and support area
GBPUSD ANALYSISAfter seeing GU close back below 1.32500 after tje FOMC new release, we could expect a further push to the downside as the pair also traded below a trendline are of resistance but in the mean time buyers are still in control of the market and the best thing to do now is wait...
USDJPY H4 Downtrend: Sell the Pullback on 15-Min ChartThe USDJPY H4 remains firmly in a strong downtrend. The recent price action shows a powerful extension wave downward. We're focusing on selling the pullback on the 15-minute chart.
Targets are set at 140.27 for the first and 139.59 for the second.
Stop at 141.97.
Happy Trading!
EURUSD | Long From Support ZoneFollowing a recent inner descending channel on the EURUSD we have reached a key support zone where a potential pivot could create a lower high in the overall bull trend and surge the euro back up and out of the current inner channel.
With the key resistance zone lying around 1.12000 I can see price pushing to this level before either correcting back in the range or pushing above into the resistance zone and creating a higher high which would again validate the current market structure for the overall bull trend in ascending fashion.
What are your thoughts?
GBPUSD- Trend Continuation setupSuccessful trading is knowing what to do and doing what you know. The knowing part is very simple but the doing part is not easy that is why most people struggle in trading.
This afternoon, during the New York session, my focus is on GBP/USD. We are buying based on the H4 timeframe, where the wave structure remains bullish since the price hasn’t closed below 1.30877.
Another confirmation comes from the H1, which has only shown three waves down so far. While a fifth wave may appear, it’s likely to be a higher low following the current upward move on the M15 chart.
As long as the M15 stays above the New York session opening range, we will continue buying.
Happy Trading!
BOJ Raises Interest Rates - Monthly Outlook for USDJPYTaking a look at the monthly timeframe, if you look back in the past, whenever we had a strong bearish engulfing candle, there was usually a second bearish candle afterwards.
I believe there is a great chance that this pair will break below the green ascending trendline and eventually reach 130.
Some key comments made last night from the BoJ's Governor Ueda:
* If possible a US rate cut happens gradually, it could lead to strong a Yen.
* The weak Yen was not necessarily the biggest reason for the rate hike this time.
* Hard to tell when the next rate hike may be
* Does not have 0.50% policy rate in mind as a ceiling
* I don't believe the latest rate hike will trigger a strong brake on the economy.
Later this afternoon we will get the latest US monetary policy decision.
Furthermore, as we all know, the US equity market tends to have an inverted correlation with the Yen. This means if US stocks continue to sell off heading into the elections, we might see some additional strength with the Yen and thus push this pair even lower.
USDJPY - Top Down AnalysisStarting with the weekly timeframe, there's some quite noticable bearish Divergence with price action and RSI leading me to believe prices may continue further south.
Let's take a look at the daily timeframe.
On the daily timeframe, I have 2 bearish targets but first I need to see a bit of a pullback towards the descending level of resistance. Reason I'm looking for a bullish pullback is because RSI is currently in the oversold territory. We also have a BOJ interest rate decision this evening at 11:00pm EST.
Let's take a closer look at the 4 hour timeframe
On the 4 hr timeframe I'm waiting for a breakout of the current consolidating range. I'm hoping for a bullish breakout which will lead into my AOI (area of interest) to look for a shorting opportunity.
Lastly let's take a look at the 1 hour.
On the 1 hour timeframe, it's easier to see how much room to the upside I'm waiting for. If we reach the descending level of resistance, I'll monitor the bullish momentum to ensure I'm not entering a short when bulls are strong.
For that reason I have an alert set in place and now all I need to do is wait!
That's it - That's all
Trade Safe
GBPUSD Bullish Trend ContinuationThe GBPUSD has made a wave structure (3) which signifies a strong up-trend is ongoing and we should be expecting a test or a break of the high.
The Current price area is a High probability Buy Zone using the Fibonacci.
Buy Profit Targets : T1 1.2849 & T2: 1.2902
Stop Loss:1.2733
USDJPYUSDJPY analysis
Daily and 4-hour time frame
I expect the price to fluctuate between the specified areas
GBP/USD - Continuation TradeWe have a completed Up-Trend wave structure in the Cable.
Yesterday we saw a pullback below Structure 4 which is a reset structure.
The price has stalled at the DH3 which was a Buy point for the last rally that took place yesterday.
This is a high-probability setup.
BUY Point 1.2754
STOP Loss: 1.2744
PROFIT Target: 1.2816
