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GBP/AUD TECHNICAL ANALYSIS 📉 GBP/AUD Technical Analysis The GBP/AUD pair has concluded its monthly and daily closures by forming negative signals on the higher timeframes, which increases the probability of further downside movement. On the lower timeframes (H1 and H4), a Double Top pattern has been confirmed — a bearish reversal pattern that reinforces the bearish outlook. 🎯 The anticipated targets are clearly marked by the green lines, which are expected to be achieved upon the full completion of the bearish setup. ⚠️ Important Reminder: Success in trading lies in strict risk management and capital management. Always trade responsibly and never risk more than you can afford to lose. 💬 Wishing you all the best in your trading journey!
Short
by ramibakour8
EURUSD April 30 Trade ExecutedEURUSD April 30 Trade Executed Previous session Price delivering in a discount, Price only expanded rebalancing a FVG. Price came to the 50 level. Coming into Asia breaks down. I suspected for Price to lower to gravitate to equal lows target. When price hit the equal lows and in a discount I suspected for Price to come to rebalance the FVG and possibility expand to the 50 level. Elements to my set up *liquidity taken *in a discount PD array *inefficiency target identified FVG to rebalance, equal highs *risk to reward calculated *22:05 candle creates FVG *22:40 candle taps the CE of created FVG 22:05 candle *22:40 entry *2:35 candle exit 4 hours for this trade to achieve. 33 pips
by LeanLena
AUD/CHF ShortBias: Bearish AUD/CHF AUD Weakness RBA inflation (Trimmed Mean CPI YoY) slowed from 3.3% → 2.9% Global risk sentiment is fading due to weak U.S. data, trade tensions, and slowing growth AUD struggles in risk-off environments and with declining China demand CHF Strength Safe-haven flows remain strong as markets de-risk Swiss CPI is stable, and the SNB remains steady — CHF attractive in low-volatility regimes CHF favored when yield-chasing slows down 📌 Technical Coordinates – Short Setup Sell Limit Entry: 0.5400 Stop Loss: 0.5525 (Above daily structure high and broken support zone) Take Profit 1: 0.5000 (Key psychological and historical support zone) Take Profit 2: 0.4800 (SNB spike zone, clean sweep extension)
Short
by tradercat2025
CAD/CHF Short 🔻 CAD/CHF Swing Short Setup Sell Limit Entry: 0.6040 Stop Loss: 0.6115 (above recent daily highs) Take Profit 1: 0.5800 Take Profit 2: 0.5700 Risk-to-Reward: ~2.6:1 to TP1, ~4.5:1 to TP2 Fundamentals: CAD is weakening from falling oil, soft economic data, and global trade risk. CHF is gaining on risk-off sentiment and its safe-haven status. Technical Confluence: Monthly chart just broke below long-term support at 0.6000 for the first time ever. Weekly chart shows price retesting 0.6000–0.6050, a perfect break-and-retest setup. Daily shows price stalling beneath resistance without strength — no bullish breakout attempt yet. Target Logic: TP1 at 0.5800 is just above the panic wick zone — realistic and conservative. TP2 at 0.5700 aligns with the extreme 2015 SNB spike low — stretch target only if momentum continues.
Short
by tradercat2025
Golden Pattern Alert! Inverse Head & Shoulders Spotted on GBP/JPHi traders! Analyzing GBP/JPY on the 1H timeframe, price is showing signs of a potential bullish reversal with the formation of an Inverse Head and Shoulders pattern: 🔹 Entry: 189.25 🔹 Take Profit (TP): 190.85 🔹 Stop Loss (SL): 188.25 After a strong downtrend, price formed an inverse H&S pattern with the right shoulder completing near the ascending trendline support. A breakout above the neckline around the 189.20 level confirms bullish intent, with momentum supported by a close above both the neckline and the 200 EMA. RSI is also turning up, showing strengthening bullish momentum. The breakout candle is clean, with volume picking up slightly adding confidence to the setup. If the pattern plays out fully, the projected target aligns with the upper boundary of the ascending channel around 190.85, which also acts as a confluence zone from previous structure. ⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for managing their own risk and strategy.
Long
by FXOnTop
EUR/USD Correction in Progress – Can Bulls Still Reach 1.20?EURUSD is retesting key structure after rejecting from recent highs. Price remains above long-term trend support, but compression is tightening. This post outlines the critical zones to watch, what invalidates the move, and whether the 1.20 target remains realistic. Technical Analysis: Price has pulled back from recent highs after failing to hold above short-term resistance. While the current move looks corrective, we are now at a decision point. The pair is trading above the long-term bullish trendline, but confirmation is needed before continuation toward 1.20. Support Zones (if pullback deepens): 🟠 1.09957–1.09439 – Last 1H Support (Medium Risk): Short-term intraday demand zone. If price pulls back, this is the first area bulls might defend. Stop-loss: Below 1.09439 🟢 1.05484 – Weekly Strong Buy Zone (Low Risk): Major structure from previous macro reversals. Clean area for swing entries if reached. Stop-loss: Below 1.03400 Resistance Target: 🔴 1.20944 – Daily Strong Resistance (High Rejection Risk): A key supply zone from previous macro structure. If price reaches this level, watch for rejection. Stop-loss: Above 1.22821 – A breakout above this invalidates short setups and could trigger a higher timeframe breakout continuation. Outlook: Bullish case: Holding above 1.09439 and reclaiming 1.1600+ opens the door to test 1.2094. Bearish case: A clean loss of 1.09439 would shift momentum toward deeper support at 1.0548. Bias: Short-term neutral. Structure remains bullish while support zones continue to hold. Fundamental Insight: The FOMC meets on Wednesday, May 1. If the Fed hints at easing or rate cuts later this year, EURUSD could rally toward 1.20 on USD weakness. But if Powell reaffirms a “higher-for-longer” stance, expect downside continuation into the 1.09957 or 1.05484 support zones. ✅ Conclusion: EURUSD is at a technical decision point. If buyers defend mapped support, the path to 1.20 remains valid. A breakdown below 1.094 could trigger deeper retracement. Until the picture clears, remain reactive to structure and macro tone. Not financial advice. Like & follow for more EURUSD setups and structured FX market analysis.
Long
by husseindergham