EUR USD longas the trend sugest we would yet trade longs but the pair may have a correction ...
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EURNZD Trendline & Hawkish ECB Bias Support Bullish ContinuationEURNZD is holding beautifully above the ascending trendline on the 4H, and I’m watching this level closely for a bounce continuation setup. Fundamentally, the euro remains supported by sticky inflation and hawkish ECB commentary, while the kiwi is showing softness after dovish signals from the RBNZ and mixed jobs data. If this trendline holds, I’ll be targeting a retest of the upper wedge resistance near 1.9640.
🔍 Technical Setup (4H):
Structure: Ascending triangle forming – price is pressing into dynamic support.
Support Zone: Around 1.9480 trendline area – price rejected this level several times in July.
Resistance Target: 1.9640 highs – double top and triangle resistance.
Bullish Confirmation: Rebound with bullish engulfing or strong 4H close above 1.9525 could trigger long setup.
Invalidation: Clean break below trendline and 1.9440 invalidates bullish scenario short-term.
💡 Fundamental Insight:
EUR Drivers:
ECB members remain cautious about declaring victory on inflation.
German and Eurozone CPI data remain above target, supporting higher-for-longer ECB stance.
Speculation that ECB won't cut aggressively compared to RBNZ.
NZD Weakness:
RBNZ minutes show concern over downside inflation risks.
Labor market cooling, and migration pressures remain high.
Commodity and China-linked sentiment weakening NZD.
⚠️ Key Risks:
If Eurozone inflation or PMI data surprises to the downside, EUR may weaken.
RBNZ hawkish pivot or surprise tightening would flip sentiment toward NZD.
Global risk-on could favor NZD as a high-beta currency.
🧭 Summary:
I’m bullish on EURNZD as long as price holds above the trendline near 1.9480. The technical structure shows a clean ascending pattern, and the fundamentals currently favor EUR strength over NZD. My eyes are on a potential move toward 1.9640, especially if upcoming ECB rhetoric stays hawkish. EURNZD tends to lead NZD-crosses like NZDJPY or NZDCHF in risk-off regimes and could signal euro strength if it breaks out. Watching closely for price action confirmation.
Buy opportunity on the EURZARHello,
A potential buying opportunity is emerging on the EUR/ZAR weekly chart. The pair is trading within a well-defined rising channel, where it has completed a strong impulse wave (April 2022 – May 2023) and is currently in a corrective phase.
With the correction seemingly reaching exhaustion, we anticipate a resumption of the uptrend, presenting a medium-to-long-term bullish opportunity from current levels. Additionally, the MACD zero-line crossover reinforces this setup, signaling a shift in momentum towards the upside.
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BUY LIMIT FOR NZDCHF Title: NZDCHF - Potential Long Opportunity - 30-Minute
Description: "NZDCHF on the 30-minute timeframe is currently exhibiting choppy price action. The recent selling pressure is likely influenced by the CHF's safe-haven status. However, I am anticipating a potential bullish move.
Entry: I will consider entering a long position if the price breaks above a key resistance level at . Stop-Loss: Place a stop-loss order below the recent swing low at . Take-Profit: Target a take-profit level at , considering the next resistance level. Rationale: Despite the short-term selling pressure, the potential for a bullish reversal exists. The CHF's safe-haven status may be temporarily overshadowing the underlying strength of the NZD. A break above the resistance level would confirm the bullish bias
USDCAD Bearish continuation below 1.3670The USDCAD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a continuation breakdown within the downtrend.
Key resistance is located at 1.3670, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 1.3670 could confirm the resumption of the downtrend, targeting the next support levels at 1.3570, followed by 1.3540 and 1.3500 over a longer timeframe.
Conversely, a decisive breakout and daily close above 1.3670 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 1.3690, then 1.3720.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 1.3670. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
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Price channel break. Will the downtrend take place?✏️USDCAD broke the price channel and started forming a bearish wave. The resistance zone of 1.370 played an important role in starting the bearish wave. 1.365 is the immediate support zone that the pair faces. If it wants to extend the decline, it needs to close the h1 candle below this price zone. The convergence between the trendline and the resistance of the Asian session will be a reliable support point for a downtrend to take place.
📉 Key Levels
Support: 1.365-1.356
Resistance: 1.370
SELL Trigger: Rejects bellow 1.370
SELL DCA Trigger: Break support 1.365
Target 1.356
BUY Trigger: Break and trading above resistance 1.370
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USD/CHF - Bearish Flag (24.07.2025)The USD/CHF Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.7878
2nd Support – 0.7855
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EURAUD: Waiting for the FVG Tap and Confirmation to ShortPrice ran previous liquidity and dropped aggressively, creating a clean FVG.
I’m now watching for price to retrace into that imbalance and form a strong bearish candle. If it does, I’ll be looking to short down
Clean structure. Just waiting for confirmation.
EURJPY - Potential Topping ActionTaking a look at the daily timeframe, price action is now trading below the 10 SMA. This pair has not traded below the 10 SMA since May 26. Now I'm just waiting for a few more confirmation before I'm fully confident. For now, adding a few small sells won't hurt.
Trade Safe - Trade Well
audusd sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDCHFUSDCHF price is near the main support zone 0.79245-0.78590. If the price cannot break through the 0.78590 level, it is expected that the price will rebound. Consider buying the red zone.
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GBPJPY - How i see the market. WHAT DO YOU THINK?A channel within a channel .
Short-term bearish pressure to complete the 3-drives pattern, which ultimately suggests a long bullish setup. I'd only consider this setup if the trend continues to 198.000.
side note
198.000 I'll be looking for buying opportunities to the upside probably until we hit the red channel trendline. That should guarantee approx. 350pips.
You could take advantage of the current bearish move and rejoin when the bulls hit the ground running. Remember use your own trading plan and enjoy the ride . It can go either way but hopefully it respects PA and goes with this flow.
Bearish reevrsal for the Cable?The price is rising towards the pivot, which serves as a pullback resistance and could drop back to the pullback support.
Pivot: 1.3595
1st Support: 1.3503
1st Resistance: 1.3686
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