Get started

Forex market

USD/CHF Market Analysis – Potential Bullish ReversalThe USD/CHF pair is currently in a downtrend, as indicated by the overall bearish price action. However, the chart suggests a potential reversal scenario. Price is approaching a key H4 demand zone, which previously acted as strong support. If this level holds, a bullish move could be anticipated. The projected market structure indicates a possible pullback before a continuation upwards, aligning with the larger trend shift. Traders should monitor price reaction within the demand zone, as a break below could indicate further downside continuation, while a strong rejection may confirm a bullish reversal.
Long
by Ye_dollar248
5
CAD/CNH SHORT Investment Opportunity Hello, I am Forex Trader Andrea Russo and today I want to share with you a short trade on CAD/CNH. In the world of Forex, every open position tells a story of analysis and strategic choices. This time I decided to focus on a short position on the CAD/CNH currency pair, with a particular focus on risk management and achieving the objectives set. Trade details: Entry Price (Entry Point): 5.09402 Stop Loss (SL): 5.10417 Take Profit (TP): 5.06362 Being a short position, my goal is to capture a potential decline in the Canadian dollar against the Chinese yuan. I set a Stop Loss at 5.10417 to limit any losses and a Take Profit at 5.06362 to ensure a profitable exit if the market moves as expected. Why CAD/CNH? This currency pair offers an interesting dynamic related to macroeconomic factors from Canada and China, including export data, monetary policies and global market movements. Technical analysis highlights patterns that justify a potential downtrend, ideal for a short position. Conclusion Forex trading requires discipline and patience, but every trade is an opportunity for growth and learning. I will continue to monitor the market and update you on the evolution of this position. Don't forget: risk management is always the priority!
Short
by Andrea_Russo_SwipeUP
Daily Market Brief: EUR/USD Analysis Through Correlation Pattern1. Current Market Situation EUR/USD remains under pressure following DAX's -1.17% decline. Key observations: Resistance zone: 1.0781-1.0791 Support level: 1.07810 Subdued trading volumes suggest impending volatility 2. Methodology Our analysis employs: Proprietary Correlation Indicator tracking: • DAX/S&P 500 divergence • EUR/USD's historical response to index movements • Liquidity cluster levels Price action analysis (not theoretical models) 3. Correlation Dynamics Notable patterns: Classic DAX-EUR negative correlation remains intact S&P 500 resilience creates interesting divergence Our indicator detects: 76% chance of false breakout before main move 4. Actionable Trade Plan Primary Scenario (70% probability): Sell zone: 1.0781-1.0791 Invalidation Conditions: DAX rebounds above yesterday's close EUR/USD sustains above 1.0791 5. Execution Guide Monitor DAX futures in real-time Watch for volume spikes at key levels 👉 search Evgenii’s Substack Evgenii’s Substack
Short
by zibr-a
EUR/CAD LONG Investment OpportunityHello, I am Forex Trader Andrea Russo and today I want to talk to you about an interesting trade on EUR/CAD. In the world of Forex, every trade is a combination of analysis, strategy and intuition. Today I decided to open a buy position (BUY) on EUR/CAD based on the 4-hour timeframe. This choice comes from technical and fundamental signals that indicate potential favorable movements. The details of my trade: Entry Price (Entry Point): 1.53771 Stop Loss (SL): 1.52444 Take Profit (TP): 1.55621 I set the Stop Loss at 1.52444 to manage the risk effectively. It is essential to protect the capital, especially in a volatile market like the currency market. At the same time, the Take Profit is set at 1.55621, aiming to capture a significant positive movement. Why EUR/CAD? EUR/CAD has an interesting market dynamic influenced by European and Canadian economic factors. At the moment, technical indicators such as support and resistance, along with trend analysis and candlestick patterns, suggest a possible growth opportunity for the Euro against the Canadian Dollar. Conclusion Every trade is a step towards knowledge and experience. Although the outcome may vary, disciplined approach and risk management are always at the heart of every decision. I will update you on the results of this trade and continue to share my trading strategies and ideas.
Long
by Andrea_Russo_SwipeUP
Fundamental Market Analysis for March 27, 2025 GBPUSDEvent to pay attention to today: 14:30 EET. USD - Unemployment Claims GBPUSD: The GBP/USD pair is showing signs of recovery, having rebounded from the previous session's losses to reach 1.2910 during Thursday's Asian trading session. The pair is strengthening as the US dollar remains under pressure from lower Treasury yields: 2-year and 10-year yields are at 4.0% and 4.34%, respectively. Market participants are monitoring upcoming US economic data, including weekly initial jobless claims and the final Q4 annualised Gross Domestic Product (GDP) report, scheduled for release later today. However, GBP/USD gains may be constrained due to an escalation in risk-off sentiment and a rise in US trade policy. On Wednesday, US President Donald Trump signed an executive order imposing 25 per cent tariffs on car imports, which will come into effect on April 2, with duty collection starting the following day. However, a one-month delay will be granted for imports of auto parts. This has led to heightened global trade tensions and added uncertainty to the markets. On Wednesday, St. Louis Fed President Alberto Musalem issued a statement that was critical of the tariff policy, joining other Federal Reserve chiefs in expressing concerns. Musalem warned that the measures are disrupting the US economy, increasing uncertainty and pushing inflation higher. The release of the UK Consumer Price Index (CPI) report for February showed inflation falling faster than expected, leading to a weakening of the Pound Sterling (GBP). The lower CPI reading has led to speculation that the Bank of England (BoE) may be leaning towards easing monetary policy. The core CPI rose by 2.8% year-on-year, falling short of the 2.9% forecast and down from January's 3.0%. The core consumer price index, which excludes volatile goods, rose by 3.5%, below the anticipated 3.6% and the previous reading of 3.7%. On a monthly basis, the core CPI increased by 0.4%, following a 0.1% decline in January, falling short of the 0.5% forecast. Inflation in the services sector, a key focus area for the Bank of England, remained steady at 5%. Trading recommendation: SELL 1.29000, SL 1.29700, TP 1.28100
Short
by Fresh-Forexcast2004
GBP/USD Price Action Update📊 GBP/USD Price Action Update 🇬🇧💵 GBP/USD is currently trading around 1.2916, showing signs of a potential retracement before its next move. 📌 Key Levels to Watch: ✅ Supply Zone (Resistance): 1.3000 - 1.3050 📍 🔴 This red zone represents a strong resistance level where price previously reversed. If GBP/USD breaks above this, we may see further bullish momentum. ✅ Demand Zone (Support): 1.2814 - 1.2854 📍 🟢 Buyers are expected to step in around these green zones, making them strong support levels for a potential bounce. ⚡ Possible Trade Setups: 📉 Bearish Scenario: Price may drop towards the 1.2854 - 1.2814 demand zone before reversing upwards. 📈 Bullish Scenario: If price finds support in the demand zone, it could rally back toward the 1.3000+ resistance area. 📢 Trading Tip: Wait for confirmations in the key zones before taking positions. Watch for price reactions and volume changes before executing trades! 🔥 #fxforever #fxf #GBPUSD #ForexTrading #PriceAction #TechnicalAnalysis #DayTrading #SmartMoney #ForexSignals #TradingStrategy #MarketAnalysis #TradeSmart
Long
by FXFOREVER_87
eurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker blockeurusd chart: trade idea 1 - go towards breaker block
Long
by reventioaxie
GBPUSD Wave Analysis – 26 March 2025 - GBPUSD reversed from resistance area - Likely to fall to support level 1.2800 GBPUSD recently reversed down from the resistance area between the resistance level 1.3035 (which has been reversing the price from October), resistance trendline of the daily up channel from January and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Evening Star which started the active wave 3. GBPUSD can be expected to fall to the next support level 1.2800, the former monthly high from December.
Short
by FxProGlobal
1
Elliott Wave View: EURUSD Correcting in Zigzag StructureShort Term Elliott Wave view in EURUSD suggests rally from 2.3.2025 low is in progress as a 5 waves impulse. Up from there, wave 1 ended at 1.0528 and pullback in wave 2 ended at 1.036. Wave 3 higher ended at 1.0955 as the 1 hour chart below shows. Pullback in wave 4 is now in progress with internal subdivision as a zigzag Elliott Wave structure. Down from wave 3, wave (i) ended at 1.0857 and rally in wave (ii) ended at 1.0917. Pair then extended the decline in wave (iii) towards 1.081 and wave (iv) correction ended at 1.086. Final wave (v) ended at 1.079 which completed wave ((a)) of the zigzag structure in higher degree. Rally in wave ((b)) then ended at 1.0858. Wave ((c)) lower is now in progress as a 5 waves. Down from wave ((b)), wave (i) ended at 1.077 and wave (ii) ended at 1.083. Expect pair to extend a few more low to finish wave (v) of ((c)) of 4 before it resumes higher again. Near term, as far as pivot at 1.095 high stays intact, expect rally to fail in 3, 7, or 11 swing for more downside.
by Elliottwave-Forecast
1