USDCHF - Now Bullish!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our last USDCHF analysis, attached on the chart, it rejected the upper bound of the orange channel and traded lower.
What's next?
📈USDCHF is now retesting the lower bound of the channel.
Moreover, the blue line is a strong weekly low.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower orange trendline and weekly low.
📚 As per my trading style:
As #USDCHF is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD
Oil Rises, Canadian Yields Surge: Can USD/CAD Rebound?USDCAD 17/06 – Oil Rises, Canadian Yields Surge: Can USD/CAD Rebound?
After a significant drop to the 1.355x area, USD/CAD is showing early signs of recovery. However, the pair remains influenced by strong macro headwinds—particularly oil prices and Canadian monetary policy signals.
🌐 Macro & Sentiment Overview
WTI crude oil is rising due to ongoing tensions between Israel and Iran, which increase the risk of global supply disruptions. This supports the Canadian Dollar (CAD) as a commodity-linked currency.
Canada’s 10-year bond yields have reached their highest levels in 5 months (~3.4%), reinforcing expectations that the BoC may remain hawkish in the near term.
USD weakens slightly as traders await more clarity from the Federal Reserve about the next rate cut timeline, potentially in Q3.
📊 Technical Analysis (M30 Chart)
Price is printing higher lows above the key trendline.
EMAs 13–34–89 are tightening → sign of sideways pressure before breakout.
Short-term bullish channel still intact.
Key resistance zones: 1.3581 and 1.3605.
🎯 Trade Setup Scenarios
📈 Long Scenario
Entry: 1.3556 – 1.3560 (trendline bounce)
Stop Loss: 1.3535
Take Profits: 1.3581 → 1.3605
✅ Wait for M30/H1 confirmation like bullish engulfing or price-action breakout.
📉 Short Scenario
Entry: 1.3605 (if price rejects resistance)
Stop Loss: 1.3630
Take Profits: 1.3581 → 1.3556
⚠️ Trigger only on bearish rejection with strong candle and volume at resistance.
📌 Strategic Outlook
USD/CAD is caught in a tug-of-war: stronger Canadian fundamentals (oil + yields) vs. cautious USD movement post-FOMC. If oil prices and Canadian yields continue to climb, CAD may remain in favor. However, short-term technical rebounds toward 1.3600 remain valid if price structure holds.
Squeeze in Progress: Will BOJ Trigger the Next Breakout?USDJPY 17/06 – Squeeze in Progress: Will BOJ Trigger the Next Breakout?
The USDJPY pair is currently consolidating just below the key 144.650 resistance, stuck within a tightening triangle structure. As markets await more clarity from both the Bank of Japan (BOJ) and the Fed, price action is showing signs of indecision — but pressure is building.
🌐 Macro & Sentiment Overview
BOJ maintains a neutral stance: Despite growing speculation of a hawkish shift, the BOJ held rates steady, providing no strong forward guidance. Markets remain cautious.
US Dollar remains resilient amid stable bond yields and expectations that the Fed may delay rate cuts, adding short-term support to USDJPY.
Geopolitical risk is on the rise: Ongoing Middle East tensions are fueling safe-haven demand for JPY, capping bullish momentum.
🔍 Technical Setup (M30 Chart)
Price is trapped inside a symmetrical triangle, tightening between 144.652 resistance and 143.126 support.
EMA 13/34/89 are aligned bullishly, but EMA 200 (red) is acting as a dynamic ceiling near 144.300.
Key support zones:
144.071: Minor structural level and trendline test.
143.126: Major liquidity zone and untested demand.
🎯 Trade Scenarios
📉 Scenario 1 – Sell on Rejection at 144.652
Entry: 144.650–144.700
Stop Loss: 145.250
Take Profit: 144.071 → 143.600 → 143.126
Ideal if BOJ shifts tone or USD weakens post-Fed comments.
📈 Scenario 2 – Buy on Bullish Reaction at 143.126
Entry: 143.100–143.150
Stop Loss: 142.700
Take Profit: 143.600 → 144.071 → 144.650 → 145.200
Valid only with clear bullish confirmation on M15–M30 structure.
🧠 Final Thoughts
USDJPY is coiling tightly ahead of a potential breakout. Macro uncertainty from central banks, geopolitical instability, and upcoming CPI data make this week highly volatile. Instead of chasing, let price come to your zones and react accordingly.
🔔 Focus on structure, confirm with price action, and avoid emotional trades. Patience and discipline are key in this compression phase.
The Calm Before the Storm: All Eyes on UK CPI & Central BanksGBPUSD 17/06 – The Calm Before the Storm: All Eyes on UK CPI & Central Banks
The GBPUSD pair is coiling in a tight range near the mid-1.3500s as traders brace for two high-impact events: UK CPI data on Wednesday and interest rate decisions from both the Fed and BoE this week. Price remains supported above the 200 EMA and is compressing within a symmetrical triangle – typically a precursor to a major breakout.
📊 Macro & Fundamental Outlook
🔹 Federal Reserve (FOMC): Expected to hold rates steady, but growing anticipation of a dovish tilt toward September is weighing slightly on the USD.
🔹 Bank of England (BoE): Markets are pricing in deeper rate cuts following recent UK GDP weakness, pressuring the GBP in the short term.
🔹 Geopolitical Risks: Rising Middle East tensions are fuelling demand for USD as a safe haven, reinforcing its strength ahead of data events.
📝 Bottom Line: The CPI release could be the first trigger to shift GBPUSD’s current consolidation. A hot inflation print might push GBP higher; a miss could fuel further downside.
🔧 Technical Analysis (H1 Chart)
Price is ranging between 1.3535 (support) and 1.3609 (resistance)
EMAs 13/34 crossing below EMA 89 → signal of potential bearish continuation
Uptrend line from 1.3467 is still intact and acting as dynamic support
Break below 1.3559 may lead to a move toward 1.3495 and 1.3467
A confirmed breakout above 1.3609 opens the door to 1.3630+
🎯 Trade Scenarios
Scenario 1 – Buy from Trendline Support
Buy Zone: 1.3495 – 1.3467
Stop Loss: 1.3440
Targets: 1.3535 → 1.3559 → 1.3596 → 1.3630
🟢 Best setup if price prints a bullish engulfing or hammer candle on key support + UK CPI surprise.
Scenario 2 – Sell on Resistance Rejection
Sell Zone: 1.3609 – 1.3630
Stop Loss: 1.3660
Targets: 1.3590 → 1.3559 → 1.3535 → 1.3495
🔴 Only valid with strong rejection signals + softer UK data or hawkish Fed tone.
💡 Market Sentiment
Retail traders are trapped in a waiting zone – expecting a breakout
Institutions may push price into one direction pre-data to collect liquidity
Risk appetite is fragile, and traders are cautious ahead of back-to-back central bank announcements
📌 Final Thoughts
GBPUSD is preparing for volatility. Instead of chasing moves, let the market come to your key zones and react with discipline. The 1.3467–1.3495 support area could be crucial for the next directional move.
Stay patient. Wait for confirmation. Respect your risk.
Bullish reversal off 50% Fibonacci support?The Gold (XAU?USD) has bounced off the pivot and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 3,374.04
1st Support: 3,348.45
1st Resistance: 3,444.62
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 127.2% Fibonacci resistance.
Pivot: 0.6036
1st Support: 0.6002
1st Resistance: 0.6093
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish continuation for the Swissie?The price is rising towards the pivot which has been identified as a pullback resistance that aligns with the 50% Fibonacci retracement and could drop to the 1st support.
Pivot: 0.8156
1st Support: 0.8055
1st Resistance: 0.8241
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish breakout off major support?USD/JPY is reacting off the pivot which acts as an overlap support and a breakout of this level could lead the price to drop to the 1st support.
Pivot: 144.51
1st Support: 143.74
1st Resistance: 145.22
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?The Cable (GBPUSD) is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support.
Pivot: 1.3592
1st Support: 1.3536
1st Resistance: 1.3629
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6085 will confirm the bullish momentum.
The measured move target is 0.6125.
We look to Buy at 0.6050 (stop at 0.6025)
Our profit targets will be 0.6100 and 0.6125
Resistance: 0.6085 / 0.6100 / 0.6125
Support: 0.6060 / 0.6050 / 0.6025
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bearish drop?The Fiber (EUR/USD) has rejected off the pivot and could drop to the 1st support.
Pivot: 1.1611
1st Support: 1.1495
1st Resistance: 1.1649
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish breakout?AUD/USD is falling towards a support level, which acts as a pullback support. A breakout below this level could lead the price to drop further towards our take-profit target
Entry: 0.6533
Why we like it:
There is a pullback support level.
Stop loss: 0.6560
Why we like it:
There is a resistance level at the 138.2% Fibonacci extension.
Take profit: 0.6492
Why we like it:
There is a pullback support level that aligns with the 71% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Could the Loonie reverse from here?The price is reacting off the support level which lines up with the 100% and the 78.6% Fibonacci projection and could rise from this levl to our take profit.
Entry: 1.3544
Why we like it:
There is a support level at the 100% and the 78.6% Fibonacci projection.
Stop loss: 1.3516
Why we like it:
There is a support level at the 100% Fibonacci projection.
Take profit: 1.3595
Why we like it:
There is an overlap resistance level that aligns with the 50% FIbonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop?GBP/USD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.3610
Why we like it:
There is a resistance level.
Stop loss: 1.3644
Why we like it:
There is a resistance level at the 161.8% Fibonacci extension.
Take profit: 1.3560
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce?EUR/USD is falling towards the support level which is a pullback support that is slightly above the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.1546
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 1.1497
Why we like it:
There is an overlap support level.
Take profit: 1.1611
Why we like it:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURUSD Last push before correction.The EURUSD pair made a new High by breaking above the 1.15725 Resistance and is extending the rally since the January 13 2025 Low. That Low was the Higher Low of the multi-year Channel Up, so the current uptrend is technically its latest Bullish Leg.
The first Bullish Leg of that pattern peaked after a +15.75% rise. We expect a similar peak for the current rally, thus targeting 1.17750, before a new pull-back below the 1D MA50 (blue trend-line).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
GOLD Eyes New Highs Amid Geopolitical Risk and Bullish StructureGOLD – Safe-Haven Demand Lifts Gold, Eyes on New Highs if Tensions Escalate
Gold futures pared some gains after approaching fresh record highs earlier in the session. The metal rallied strongly on Friday as escalating Middle East tensions — particularly between Israel and Iran — drove investors toward safe-haven assets.
Analysts note that if the conflict intensifies further in the coming days, new highs could be within reach for gold.
Technical Outlook:
A short-term correction toward 3404 or 3390 is likely. However, as long as the price holds above this support zone, the bullish trend is expected to continue toward 3448, with potential to reach 3486.
For a bearish shift, the price must break below the 3391–3381 area with at least a confirmed 1H close, which would open the path toward 3347.
Key Levels:
• Resistance: 3431, 3449, 3486
• Support: 3404, 3391, 3381
EURUSD 16 June – Technical Rebound or Liquidity Trap? EURUSD 16 June – Technical Rebound or Liquidity Trap?
The EURUSD pair has shown sharp movements after testing key resistance near 1.1607. While the price action may appear bullish at first glance, deeper analysis suggests we might be facing either a continuation of the uptrend or a strategic liquidity hunt.
🌍 Macro & Fundamental Overview
The ECB remains hawkish with rates still high, but recent commentary hints at a more dovish tone possibly leading to rate cuts in late Q3 2025.
Meanwhile, the Federal Reserve maintains its cautious stance, holding off on rate cuts due to sticky core inflation.
This divergence in policy expectations creates a neutral to slightly USD-favorable bias, depending on upcoming economic data.
⏳ Bottom line: EURUSD remains in a choppy environment with compression–expansion cycles, and no confirmed macro-driven trend yet.
📉 Technical Outlook (H1 Chart)
Price Structure: The pair is moving within a short-term ascending channel, but current price is testing the upper boundary.
EMA Analysis (13/34/89/200): Still supports an uptrend, but flattening out — potential bearish crossover if price fails to hold.
Key Resistance:
1.1607: Major resistance and local top (double rejection zone).
Critical Support Zones:
1.15540: Minor structural support — a decisive level for intraday direction.
1.15261 & 1.14807: Unfilled FVG zones and liquidity pools that may get targeted if the price breaks lower.
🎯 Trade Setup Ideas
📘 Scenario A – BUY from 1.15540 support (bullish continuation)
Entry: 1.15540 (upon bullish candle confirmation or strong bounce)
Stop Loss: 1.15200
Take Profits: 1.15850 → 1.16070 → 1.16300+
✅ Ideal if European sentiment remains positive or if USD weakens across the board.
📕 Scenario B – SELL if price breaks and retests 1.15540
Entry: 1.15540 (after a breakdown + rejection retest)
Stop Loss: 1.15720
Take Profits: 1.15261 → 1.14807 → possibly 1.1450
✅ Best used if USD gains strength or EUR shows weakness after economic releases.
🧠 Market Psychology
The market is currently reactive to any shift in tone from ECB and Fed, causing price whipsaws near key zones.
Smart traders will avoid chasing breakouts and instead focus on reaction zones like 1.15540 for confirmation-based trades.
Watch for fakeouts, as institutional players may be hunting liquidity before choosing direction.
📌 Final Thoughts
EURUSD is in a sensitive zone, and 1.15540 is the intraday pivot. Holding above could trigger a push toward 1.1607 and higher. But failure to hold would likely attract sellers toward the 1.1480–1.1450 liquidity range.
🎯 Discipline is key. Avoid emotional entries. Let the market come to your level — and execute only with confirmation.
NZDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60000 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.600000 support and resistance area.
Trade safe, Joe.
GBPUSD SHORT FORECAST Q2 W25 D16 Y25GBPUSD SHORT FORECAST Q2 W25 D16 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday 15' break of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Bearish continuation for the Loonie?The price has rejected off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 1.3725
1st Support: 1.3430
1st Resistance: 1.3837
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?The Swissie (USD/CHF) has bounced off the pivot, which has been identified as a pullback support and could rise to the 1st resistance that aligns with the 61.8% Fibonacci resistance.
Pivot: 0.8081
1st Support: 0.7931
1st Resistance: 0.8308
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.