EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EURUSD pair reacted bullishly after touching the support zone, leading to an upward movement. This support level aligns with an ascending trendline, adding to its significance.
Currently, the price is struggling with a key resistance zone. A confirmed breakout above this level would generate a bullish signal, potentially driving the price toward the next target level.
However, if the support zone is broken, the bullish scenario would be invalidated.
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Forextrading
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains in a strong uptrend, but buying at the current levels carries high risk. We anticipate a price correction down to the identified support level, where we will look for potential buying opportunities.
The best approach is to wait for a correction before entering a buy position.
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EURCAD: has bottomed and turned bullish.EURCAD is on a neutral 1D technical outlook (RSI = 45.274, MACD = -0.003, ADX = 32.435) as it rebounded on the bottom of the inner Channel Up, a pattern inside the 1 year Channel Up. If the price crosses over the 1D MA50, it validates the extension of this bullish wave. In that case, the trade will be long, aiming at a symmetric +2.90% increase (TP = 1.51500) like the previous wave.
See how our prior idea has worked out:
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EUR/USD Daily Market Outlook – Here's Why We're Pushing HigherWelcome back, traders! My name is Steven, and this is your daily EUR/USD outlook. Make sure to leave a like, follow, and share your thoughts in the comments below. Now let’s dive straight into the charts.
The Bigger Picture: Weekly Insights
On the weekly timeframe, EUR/USD has made a strong bullish statement. After a series of lower lows and retracements, we’ve now broken above the weekly fractal high This move has solidified a bullish structure, setting the stage for further upside.
Where did this momentum come from?
The pair retraced into a fresh daily demand zone, formed around equal lows just above a key candlestick. Once those equal lows were swept, the demand zone held firm, leading to a V-shaped reversal. This is a textbook liquidity grab, and now the market is pushing back toward the highs.
Key Levels to Watch
Previous Weekly High – The next logical liquidity target sits above last week’s high, which remains untapped.
Monthly High – Just beyond the weekly high lies the previous month’s high, which also holds a cluster of liquidity.
Liquidity Bump in the Road – Zooming out, we can identify a minor “bump” in the impulse down, where significant stops and liquidity remain.
Lower Timeframe Strategy: Entries and Targets
If you’re trading the four-hour or lower timeframes, here’s what I’m watching:
Setup #1: The market is currently trading inside a four-hour demand zone, formed after yesterday’s inflation-driven dip. For confirmation, I’ll drop to the 1-hour or 15-minute timeframe and look for a trend shift. This means waiting for lower lows to turn into higher highs, creating fresh demand zones to trade from.
Setup #2: Alternatively, if we sweep the previous daily low, I’ll look for a reversal from that level to go long.
Both setups rely on lower timeframe order flow aligning with the higher timeframe bullish trend. Be patient—this confirmation is key.
What’s Driving EUR/USD Higher?
Yesterday’s inflation data sparked volatility, initially strengthening the dollar. However, the rally quickly reversed, with EUR/USD tapping a four-hour demand zone and bouncing higher.
Additionally, positive geopolitical developments—specifically talks of peace between Russia and Ukraine—have provided a boost to the euro, as a potential resolution would alleviate Europe’s energy inflation concerns.
Technical Takeaways
Bullish Trend Intact: Both weekly and daily structures remain bullish, supported by liquidity grabs and demand zone rejections.
Targets in Sight: I’m watching for a move toward the previous weekly high and potentially beyond, toward the monthly high.
Risk Management: As always, use tight stops and manage your risk, especially when trading lower timeframes.
Action Plan for Today
Monitor the four-hour demand zone for lower timeframe confirmations.
Watch the previous daily low for a potential liquidity sweep and reversal.
Stay tuned for any major news updates that could shift sentiment or momentum.
That’s it for today’s EUR/USD outlook! Let me know your thoughts in the comments below, and don’t forget to like and follow for more insights. Trade safe and good luck!
Thu 13th Feb 2025 EUR/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/AUD Buy. Enjoy the day all. Cheers. Jim
Thu 13th Feb 2025 GBP/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim
EURUSD: Channel Up aiming at 1.05750EURUSD is neutral on its 1D technical outlook (RSI = 53.912, MACD = -0.001, ADX = 23.143) as it has been ranging inside a Channel Up for the past month. The pair is now forming a Golden Cross on the 1H timeframe and based on the last one formed on the previous bullish wave (Jan 17th), it should now rise to a new HH. We expect a symmetric +2.70% rise on that move (TP = 1.05750).
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XAUUSD Bearish SetupThe has arrived at the previous strong support zone when we expand this expand zone we see a clear FVG. Gold has tapped the FVG and started to move bearish. Plus for verification we also added the Fibonacci confluence we can enter the trade and can book some good profit.
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Daily Market Outlook: BTC & Forex Setups (#2)Today’s market saw extreme volatility following the USD CPI data release. Inflation appears to be rising due to Trump’s recent tariff actions on countries like Canada, Mexico, and China, adding further pressure to markets. This led to a major sell-off in crypto and stocks, while pairs like USD/JPY surged.
📉 BTC 4H Analysis – Holding Support or Breaking Down?
BTC dropped hard to $94K after the CPI release but found some rejection and is now still holding above the 4H support at $95K.
📊 Potential Scenarios:
1️⃣ If BTC stabilizes above $95K, we could see a breakout above $98,500, triggering long setups.
2️⃣ If $95K fails, expect a test of lower supports at 92K and possibly $85K if rate cuts don’t continue.
📌 Recommendation: Stay cautious and wait for clear structure before entering.
🟡 XAU/USD (Gold) – Bullish Recovery After Support Test
Gold remains in a major uptrend and recently completed a price correction to the $2,884 support zone. After a fake breakout, it is now recovering and pushing higher.
📊 Trade Idea:
✅ Long trigger above $2,910 for confirmation.
✅ More aggressive entry: Buy early if we see higher highs forming.
⚪ XAG/USD (Silver) – Momentum Building for a Breakout
Silver has been forming an accelerating uptrend curve, indicating increasing bullish momentum. This suggests the potential for high R/R trades if we catch the right move.
📊 Key Trade Setup:
✅ Breakout above $32.19 = Long Entry.
✅ Aggressive traders: Enter before breakout with stop-loss below the trendline.
📌 GBP/CHF Update – Holding for Bigger Move
📊 Our GBP/CHF long position triggered, but we didn’t enter just for a small range move—the goal is to catch a breakout of the daily range for at least R/R 2.
✅ Stop-loss remains below the 4H range bottom.
✅ Holding position unless market structure shifts.
Final Thoughts & Risk Management
⚠ Markets are volatile after CPI—don’t FOMO.
⚠ Keep stop-losses tight & follow structure.
⚠ See you tomorrow with another breakdown!
📌 If you missed yesterday’s analysis, go check it out for better context!
⚠ Disclaimer : These trade setups are based on my personal analysis and are not financial advice . If you don’t have a solid risk management plan , these triggers may not be suitable for you . Always do your own research (DYOR) and trade at your own risk. 💡
Xauusd signal Gold prices bounce off daily lows and shift their focus to the key $2,900 mark per ounce troy despite a firmer US Dollar and the intense move higher in US yields across various maturity periods.
Xauusd signal 2895
TP1 sell 2890
TP2 sell 2870
Support zone sell 2860
Resistance buy 2906
Resistance buy 2925
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
GBP/CAD Short, EUR/NZD Long and USD/JPY ShortGBP/CAD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H high tests.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EUR/NZD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight non-structured 1H continuation follows, 15 min risk entry within it if the continuation is structured on the 15 min chart or reduced risk entry on the break of it.
• If tight structured 1H continuation follows, reduced risk entry on the break of it or 1H risk entry within it.
USD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EURUSD 240 MINS CHART TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
We do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Please keep your comments useful & respectful.
Keep it simple, keep it Unique.
Thanks for your support
Tradelikemee Academy
Saanjayy KG
USD/JPY ShortUSD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Daily Market Outlook: BTC & Forex Setups (#1)From today, I’ll be sharing daily BTC & Forex market breakdowns, covering key levels, potential trade setups, and insights into market psychology. These won’t just be standard analyses—I’ll also include the setups I personally take and why.
Let’s get straight into today’s breakdown. 🔥
📌 BTC Daily & 4H Analysis
BTC has held the $95K support zone well, but volume remains extremely low. The doji candles forming on the daily indicate market indecision and lack of strong buying or selling pressure.
📊 Key Takeaways:
Order books are thin, meaning any slight increase in volume could trigger a sharp, volatile move.
I’m favoring long positions, as they align with the higher timeframe trend.
Key Levels to Watch:
🎯 High-Risk Entry: $98,506 – Offers high R/R and a chance to hold the trade longer toward a potential breakout of $107K.
✅ Safer 4H Entry: $106K – More conservative but ensures confirmation.
Major Daily Breakout Trigger: $108,660 – Expect high momentum, so it’s better to anticipate the move rather than react late.
📌 DXY Analysis – Key to Forex Market Movement
The Dollar Index (DXY) remains in a major uptrend, but momentum is weakening, making its movement more uncertain.
📊 Key Levels:
If 107.288 - 107.443 fails as support, expect a deeper correction.
Otherwise, DXY remains bullish, which could pressure risk assets.
📌 GBP/CHF 4H – Breakout Play
GBP/CHF is currently ranging on the daily timeframe, but on 4H, we have a clear range box.
📊 Potential Trade Setups:
Long above 1.13121 🎯 – If resistance breaks, target higher levels.
Short below 1.12326 🔻 – If support fails, expect further downside.
Bias: Since the previous fake breakdown failed, I see a bullish breakout as the more likely scenario.
📌 JP225 – Channel Uptrend Setup
JP225 is trending within an ascending channel and recently faked a breakdown before reclaiming higher levels.
📊 Trade Plan:
Breakout of 38,949 → Go long if confirmed.
Major Risk Event: US Inflation Data (Wednesday) – Could bring major volatility, so trade with caution.
📌 Market is in a decision-making phase—don’t FOMO, wait for confirmation.
📌 Wednesday’s CPI data could be a key volatility trigger.
📌 Stick to your trading plan & manage risk properly.
🔔 See you tomorrow for the next breakdown! Stay sharp.
Tue 11th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
AUD/USD Breakout Watch: Bullish Continuation or False Alarm?The AUD/USD pair is trading in a consolidation zone after breaking above a key descending trendline, signaling bullish momentum.
The price has retested the breakout level, turning resistance into support, strengthening the outlook. With the RSI at 51.32, holding above 0.6200 could push the price toward 0.6400, with a target near 0.6700.
A drop below this level may trigger a pullback.