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AUD/USD: The Rebound TradeThe Australian dollar (also known as the Aussie Battler) looks set to continue its recent bounce. Inflation is now under control and monetary easing will continue to support aggregate demand across the economy. While rate cuts are dovish, the underlying economy is still strong and, as we will explain below, the fiscal situation is shaping up better than expected. Stability is in. The real action, though, is in the US. Unemployment is creeping up. Jobless claims are ticking higher. Existing home sales are falling. The US consumer is feeling the pinch. That puts pressure on the Fed. Rate cuts are back in the conversation. Markets are already pricing in the first move later this year. The US dollar is losing its grip. AUD/USD recently tested its 200 day moving average and held firm. That’s more than just a technical level. It’s a psychological line in the sand. The Aussie held its ground. There’s more. Australia’s fiscal position is likely to come in stronger than expected. Mining exports are holding up. Volumes are rising. That supports the budget bottom line and underpins the Aussie’s credibility as a resource backed currency. This is in stark contrast to most of the developed world, where peers are running large deficits. This isn’t just about central banks. The global economy is shifting gears. China is stabilising. Industrial demand is returning. Commodity prices are finding a floor. That’s key for the Aussie. It’s still a commodity linked currency. As iron ore and copper pick up, the AUD should follow. There’s a window here. Over the next twelve months, the AUD has room to move higher, testing the 0.7000 range. Not because Australia is booming, but also because the US is slowing. The Fed is running out of steam. That flips the dynamic. We’re moving from USD strength to USD softness. The setup is clear. A soft landing in the US. A stable China. Commodities firming. And an RBA on hold. That’s a cocktail for AUD strength. The bounce has just begun. The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.
Long
by Blueberry
1
GBP/USD – Uptrend Channel Analysis!GBP/USD is trading inside a strong uptrend channel on the 4-hour chart. Recent price action confirmed a Break of Structure (BOS), signaling solid bullish control. Buyers have pushed price firmly above previous resistance zones. Price is now near the upper boundary of the channel. Signs of short-term exhaustion suggest a likely retracement ahead. A pullback into the retracement level or channel midline would offer better risk-reward. Key Levels to Watch: Channel support for potential bounce. Retracement zone as a buy opportunity. Trade Plan: Wait for a clean retracement toward support. Look for bullish confirmation before entering long. Avoid chasing highs – focus on discounted entries. Bias: Bullish while price holds the uptrend channel structure. Expect continuation after healthy correction. Patience is critical – let the market set up a quality entry. Traders should align with the dominant trend and manage risk carefully. Like, comment, share, and follow for more trading ideas.
Long
by JosProfessionalTrader
4
USDJPY Poised for Liquidity Grab Ahead of NFP USDJPY is currently undergoing a clear redistribution phase on the 4H chart, having recently broken bullish structure and formed successive lower highs. The first week of July is packed with high-impact economic events from both the US and Japan – most notably speeches from Fed Chair Powell and BOJ Governor Ueda, alongside ADP and Non-Farm Payrolls – all of which could trigger significant volatility and a potential liquidity sweep before a true directional move takes shape. 🎯 Smart Money Concepts (SMC) Flow Analysis ✅ A Break of Structure (BOS) has just occurred following a sharp selloff from the 147.8 supply zone – a bearish structure is now clearly established. ⚠️ Change of Character (ChoCH) near the 145.8 level signals potential institutional involvement and short-term redistribution. 💧 Equal Lows (EQL) around 143.0 and 142.2 suggest prime liquidity targets likely to be swept before any genuine bullish intent emerges. 📈 Price is currently retracing toward the 145.85 – 146.00 short-term supply zone, offering a favourable area for short setups if rejection occurs. 🧠 Trade Scenarios (Planned) 🔻 Priority SELL Setups SELL at 145.851 – 146.000 SL: 146.351 TP1: 145.351 (+50 pips) TP2: 144.851 (+100 pips) TP3: 143.851 (+200 pips) TP4: Open This is a fresh supply zone formed post-BOS, ideal for potential short entries upon confirmation. SELL at 147.750 – 147.950 SL: 148.150 TP1: 147.250 (+50 pips) TP2: 146.750 (+100 pips) TP3: 145.750 (+200 pips) TP4: Open A key higher timeframe supply zone. If price breaks above 146.3 and rallies further, this is where Smart Money may re-enter shorts. 🔺 Potential BUY Setups Post-Liquidity Sweep BUY at 143.031 – 142.930 SL: 142.731 TP1: 143.531 (+50 pips) TP2: 144.031 (+100 pips) TP3: 145.031 (+200 pips) TP4: Open This zone aligns with the trendline and EQL – a possible bounce zone if bullish BOS or strong price rejection appears. BUY at 142.200 – 142.000 SL: 141.800 TP1: 142.700 (+50 pips) TP2: 143.200 (+100 pips) TP3: 144.200 (+200 pips) TP4: Open A deeper liquidity pool – likely an institutional entry point if price is flushed prior to NFP data. 📅 Key Upcoming Events – USD/JPY Traders Beware Tuesday (1 July): 🗣️ Speeches from BOJ Gov Ueda and Fed Chair Powell – high-impact catalysts early in the week. 🧾 ISM Manufacturing PMI, JOLTS Job Openings – insight into the US economy’s momentum. Wednesday to Thursday (2–3 July): 💼 ADP Employment & Non-Farm Payrolls – major market-moving data to shape USD sentiment. → Given the heavy news calendar, it's wise to react to price action at key zones with strong risk management, rather than pre-empt.
by EliseLunaTraders
RSI Flashes Warning on EURUSD: Critical Level Under Watch!Good morning traders, If the EURUSD pair breaks below the 1.16729 level due to an RSI divergence, the next potential target could be around 1.16093. Keep in mind that a break below 1.16729 may also signal a potential trend reversal. I've marked the pivot points for you on the chart for better clarity. Additionally, it's crucial to keep an eye on current economic data and news releases as part of your fundamental analysis. I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
by TraderTilki
2
CHF-JPY Local Long! Buy! Hello,Traders! CHF-JPY is trading in a strong Uptrend and the pair made a Bullish breakout from the bullish Triangle pattern and is now seems To be consolidating above the Support cluster around 180.740 So we are bullish biased and We will be expecting a further Bullish move up on Monday Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
4
AUDUSD Trendline Strategy AUDUSD has been on an uptrend all day on Thursday, this trend was broken during the Asian session on Friday. To confirm that the trend was broken it hit the 1H Supply Zone and retested the trend line. Right before the London session it seemed to have formed some support at the 0.65455 level then it retraced back to the 1H Supply Zone and created a large bearish engulfing candle on the 15M which also showed a double top candlestick pattern. I then entered the trade on the break of candle on the 3:15am EST engulfing candle. I placed my stop loss right above the supply zone and entered the trade with a profit target of .65270. I chose this level due to it being a strong demand level and I thought it seemed like a lot of resting liquidity was there. Although on the chart I have the profit target as .65100 I did not hold the trade that long due to me not wanted to get chopped during after the NY AM session. I'm still practicing trusting my full analysis and holding trades for the entire duration I originally project. On this chart I also drew up other demand zones in which I was expecting a large reaction at. All 3 zones played out but it did not disturb the trade because the overall trend (1H) was on a downtrend. Its important to always remember to have time frame correlation when taking trades and always remember to follow the higher timeframe trend. Personally I feel like AUDUSD will continue this downtrend and possibly gap down to .65 during either Sunday night open or sometime during the London session.
Short
by sman579
USDCAD RT of Supply Zone then ShortPrice has retraced back into a key supply zone just under the June High. We are now watching for strong bearish price action (PA) to confirm a potential short entry from this area. Key Zone to Watch: Supply Zone: 1.3756 – 1.3796 Optimistic stops can be placed above the zone if strong rejection occurs Plan: Seek bearish PA within the highlighted supply zone Wait for confirmation via a bearish candle close Enter below the trigger candle once setup forms Targets: Target 1: 1.3622 Extended Target / June Low: 1.3543 If no rejection occurs and price breaks above the zone with conviction, the setup becomes invalid and we reassess. Execution will be reactive, not predictive — we trade confirmation, not speculation.
Short
by SKA_CAPITAL
EUR/USD Holds Above Support – Watching 1.17400 and BeyondHi Everyone, As highlighted, a successful bounce from the near-term support at 1.16680 provided a retest of the 1.17400 zone. Looking ahead, we expect price action to revisit this level in the coming week. A confirmed break above this resistance could open the path toward 1.18000, where we anticipate encountering dynamic resistance. As outlined in our analysis last week, we anticipated a continued move higher toward the 1.16564 and 1.18325 levels, provided price held above 1.14483. Price respected this level, and EUR/USD extended its rally, reaching our first key target at 1.16564 and pushing above 1.17400 — marking the highest level since February 2022. We will provide further updates on the projected path for EUR/USD should price reach this level. The longer-term outlook remains bullish, with expectations for the rally to extend toward the 1.2000 level, provided the price holds above the key support at 1.10649. We will continue to update you throughout the week with how we’re managing our active ideas and positions. Thanks again for all the likes/boosts, comments and follows — we appreciate the support! All the best for a good end to the week. Trade safe. BluetonaFX
by BluetonaFX
2
Bullish Bias Holds for GBP/USD – Focus on 1.37500 BreakHi everyone, A strong push up from our highlighted support level at 1.33800 toward 1.36850 saw GBP/USD enter a brief period of consolidation. During the week, price action ranged between this newly established support and the 1.37500 resistance level. Looking ahead, we anticipate a decisive break above 1.37500, which could open the way for further upside. As previously noted, the clearance of these levels strengthens our expectation for further upside, with the next key level of interest around 1.38400. We'll be watching to see how price action develops from here. We’ll continue to provide updates on the projected path for GBP/USD as price approaches this target. The longer-term outlook remains bullish, and we expect the rally to continue extending further from the 1.20991 January low towards 1.40000 and 1.417000. We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support! All the best for the week ahead. Trade safe. BluetonaFX
by BluetonaFX
1
GBPCHF bearish for the week of 30 JuneI am planning to short GBPCHF next week. A Head and shoulder pattern in an existing bearish move signifies a continuation. My trade will be executed on H1 time frame with confluence factors that support a bearish continuation. A break below the neck line and pull back followed by a strong bearish candle would be ideal. This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more. It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Short
by Trading_Vista
GU Friday Bearish ReviewHi everyone, GBP/USD played out exactly as per forecast (link below if you'd like to revisit): It was fairly simple price action to forecast, price sweeped 1.375 initially, taking out the Asian highs and the similar equal highs (liquidity) Before then creating its bearish leg towards the next liquidity zone of 1.37. I was able to jump onto a few moves throughout both London & NY (have thrown in those screenshots onto the chart for you guys) Regards, Aman | SMC Wolf FX 1-1 student onboarding is currently open (website in my signature & profile)
by SMCWolfFX
NZDUSD Hits Channel Top Bearish Momentum BuildingNZDUSD pair has touched a key resistance zone near the top of its rising channel and is showing early signs of rejection. This technical inflection point aligns with weakening New Zealand economic sentiment and renewed strength in the US dollar. The stage is set for a bearish rotation, with several support targets now in focus if momentum continues to build to the downside. 📉 Current Bias: Bearish NZDUSD has failed to break above the 0.6085–0.6090 resistance area, marking repeated rejections at the channel’s upper boundary. Price action and structure suggest a potential move back toward 0.6000 and deeper levels such as 0.5960 and 0.5910 if support fails. 🔍 Key Fundamentals: RBNZ on Hold and Dovish Leaning: The Reserve Bank of New Zealand has paused its tightening cycle, with Governor Orr signaling no urgency to hike further amid weakening domestic demand and subdued inflation momentum. US Dollar Support: The USD is gaining traction amid Fed officials maintaining a hawkish hold tone, and with markets paring back bets on near-term rate cuts due to sticky inflation and resilient labor data. NZ Economic Weakness: New Zealand’s growth has stagnated, with recent trade and retail data underwhelming. Business sentiment remains subdued, adding to downside Kiwi pressure. ⚠️ Risks to the Trend: Soft US Data: Any major downside surprise in upcoming US labor market or inflation figures could reignite Fed rate cut bets and weigh on the dollar, lifting NZDUSD. China Rebound: As China is a major trading partner for New Zealand, any strong recovery signs or stimulus headlines out of Beijing could buoy NZD on improved trade expectations. Unexpected RBNZ Hawkishness: If the RBNZ pivots back to a more aggressive tone due to inflation persistence, NZD could find renewed strength. 📅 Key News/Events Ahead: US PCE Inflation (June 28): Core metric closely watched by the Fed; any surprise will directly impact USD flows. NZIER QSBO Survey (July 2): Offers insight into New Zealand business confidence. US ISM Manufacturing & NFP (July 1–5): Major USD drivers with implications for broader market sentiment. ⚖️ Leader or Lagger? NZDUSD is currently a lagger, often following directional shifts in USD majors like EURUSD and AUDUSD. However, due to its sensitivity to Chinese data and Fed rate expectations, it may accelerate moves once broader USD sentiment is established. 🎯 Conclusion: NZDUSD looks poised for a bearish pullback from the channel top, with a confluence of macro and technical factors suggesting pressure toward 0.6000, 0.5960, and potentially 0.5910. While downside momentum builds, attention must remain on US data, China headlines, and RBNZ commentary for any sentiment shift. Bears hold the upper hand for now, but risk events ahead could challenge the momentum.
Short
by ultreosforex
13