Get started

Forex market

EUR/NZD BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.890 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
USDJPY – Potential Volatility AheadUSDJPY started the week with a 1.3% fall on Monday, where it fell from opening levels around its weekly highs at 143.88, to a low at 141.92 and has since stayed relatively quiet. However, that could all change as we move through towards Friday, as FX markets move into a 3-day period packed with important scheduled events. Risk sentiment towards US assets, and USDJPY in particularly, could be impacted by todays preliminary US Q1 GDP release at 1330 BST, which could indicate whether the US economy experienced a bigger slowdown at the start of 2025 than initially anticipated. Then, later in the day the Fed’s preferred gauge of inflation, the PCE Index is released at 1500 BST, and this is followed by the earnings updates from US technology giants Microsoft and Meta later in the evening. If that wasn’t enough to potentially increase USDJPY volatility, the Bank of Japan (BoJ) will post its interest rate decision early on Thursday morning. Although no change is expected due to the current uncertain tariff impacted climate and on-going trade deal negotiations with the US, the press conference led by BoJ Governor Ueda could contain some market moving commentary. This all culminates on Friday’s US Non-farm Payrolls update at 1330 BST, where all eyes may well be focused on the unemployment rate print, currently 4.2%, to see if the US labour market is weakening, which if it is, could open the possibility of Fed rate cuts. Technical Update: 144.06 Resistance Holds Latest Recovery Having approached 139.58, the September 16th 2024 low trade, USDJPY has seen a recovery in price. However it could be argued, this appears a reaction to what were likely over-extended downside conditions, in place after the 7.50% decline from 151.21, the March 28th 2025 high. Importantly, latest price strength has been held and so far, reversed by 144.06, the 38.2% Fibonacci retracement of March 28th to April 22nd weakness, which traders are likely to continue to focus on, as a potential resistance. The BoJ announcement and data releases this week have potential to be important sentiment drivers for USDJPY, and we must be aware of support and resistance levels that may help us gauge the next direction of future price moves. Resistance Levels: As we have said, so far, recent recovery themes have been unable to break above 144.06 retracement resistance, which will likely be an area that needs to give way on a closing basis to suggest possibilities of a more extended phase of price strength. While much will depend on the market’s reaction to up and coming events and future price trends, 144.06 closing breaks might suggest scope towards 145.43 the higher 50% Fibonacci level, even 146.80, the 62% retracement. Support Levels: Having seen Monday’s decline, price activity is back to what might be a support focus for traders at 142.00, equal to half recent strength. Closing breaks of 142.00 may be an indication of potential for further declines, although it is possible the 139.58 September 16th 2024 low may need to give way on a closing basis to suggest possibilities of increasing downside pressure on price. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone
GBP/USD Breakdown Below Value Area –Bearish Continuation in PlanGBP/USD has broken below the recent range low near 1.3380, confirming a potential shift in structure. This move comes after multiple failed attempts to sustain above the Point of Control (POC) at 1.3415, where high volume previously suggested heavy positioning. The volume profile reveals a low-volume node just below the current price, which may accelerate price movement toward the next significant high-volume support zone around 1.3319. 🔹 Bias: Bearish 🔹 Entry Confirmation: Break and close below 1.3380 🔹 Target: 1.3319 🔹 Stop Loss: Above 1.3415 (POC & resistance zone) This setup aligns with a rejection from value area highs and a breakdown into thin liquidity zones. I’ll be watching for volume confirmation and price behavior at lower levels for continuation or reversal clues. 🧠 Plan your trade, trade your plan.
Short
by PIPSPHERE_NETWORK
EUR/AUD SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! EUR/AUD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.698 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
EURUSD(20250430) Today's AnalysisMarket news: The European Central Bank expects prices to rise 2.9% over the next 12 months, up from 2.6% in February, according to a monthly survey released on Tuesday. This is the highest level since April 2024. The three-year indicator rose slightly to 2.5%. The ECB's first five-year forecast was 2.1%. Technical analysis: Today's buying and selling boundaries: 1.1391 Support and resistance levels: 1.1443 1.1424 1.1411 1.1372 1.1359 1.1340 Trading strategy: If the price breaks through 1.1391, consider buying, the first target price is 1.1411 If the price breaks through 1.1372, consider selling, the first target price is 1.1359
Short
by Toml1314
EURUSD – Triangle Consolidation Nearing CompletionEURUSD is currently completing a contracting triangle formation within a larger corrective structure. According to Elliott Wave Theory, this appears to be an ABC correction, with wave B unfolding as a classic contracting triangle pattern (ABCDE). The chart highlights the subwaves: 🔸 (A), (B), (C), and (D) have completed, 🔸 Wave (E) is anticipated next—likely to test the upper boundary of the triangle before a breakdown resumes the bearish impulse. 📍 The invalidation point is clearly marked—any breakout above this would invalidate the triangle scenario and call for a reassessment of the wave count. Bias remains bearish following wave (E), expecting a strong move down upon completion of the triangle.
Short
by MrLiquidonFX
EURGBP DETAILED ANALYSIS TECHNICAL AND FUNDAMENTALSEURGBP is currently trading around 0.85, having completed a successful breakout and retest of the previous resistance-turned-support level. The price action aligns with a classic bullish continuation pattern, suggesting that the pair is poised for another upward move. My target for this bullish wave is 0.88, which corresponds to the next significant resistance zone. Technical indicators support this outlook. The formation of a falling wedge pattern on the 4-hour chart has been confirmed, with the breakout leading to a sustained upward trajectory. The retest of the breakout level has held firm, indicating strong buyer interest and the potential for continued bullish momentum. From a fundamental perspective, the euro is gaining strength due to improved economic indicators in the Eurozone, while the British pound faces headwinds amid ongoing fiscal policy uncertainties in the UK. This divergence in economic outlooks is contributing to the euro's relative strength against the pound, further supporting the bullish case for EURGBP. In summary, the combination of technical patterns and fundamental factors suggests that EURGBP is well-positioned for a move toward 0.88. Traders should monitor key support levels to manage risk and look for confirmation of continued bullish momentum as the pair approaches the target zone.
Long
by AndrewsMarket-Mastery
5
Aussie H4 | Falling toward an overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6336 which is an overlap support that aligns close to the 23.6% Fibonacci retracement. Stop loss is at 0.6235 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement. Take profit is at 0.6463 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
USDJPY H1 | Potential pullback supportBased on the H1 chart analysis, the price could potential make a pullback to our buy entry level at 142.76, a pullback support. Our take profit is set at 144.01, a pullback resistance. The stop loss is placed at 141.94, a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
CHFCZK LONG Investment Opportunity (8 Hours) The CHFCZK (Swiss Franc vs. Czech Koruna) currency pair offers an interesting investment opportunity for traders focused on higher time frames, such as the 8-hour timeframe. With a strategic entry point and defined objectives, this LONG trade can represent a significant profit opportunity. Technical Analysis The CHFCZK pair is currently showing an uptrend supported by fundamental and technical factors. On the 8-hour chart, there are signs of consolidation above the key support level. The market structure suggests a potential breakout to the upside, with a clear bullish direction supported by the price action. Trading Parameters Entry: 26.55 Stop Loss (SL): -0.41% from the entry point, to protect capital. Take Profit (TP): +1.23% from the entry point, optimizing the risk/reward ratio.
Long
by Andrea_Russo_SwipeUP
GBP/JPY – Rejection at Resistance! Bears Ready to Strike?GBP/JPY has surged into a key resistance zone around 191.200, where price has previously reacted strongly. A rising wedge pattern and bearish rejection candle suggest a potential reversal is underway. I’ve entered a short position at 191.046, anticipating a drop back toward the 189.900 demand zone. This setup offers a clean 1:3 risk-to-reward with confluence from structure, trendlines, and momentum shift. Trade Details: • Entry: 191.046 • Stop Loss: 191.445 (above resistance) • Take Profit: 189.926 (previous demand/support zone) • Bias: Bearish reversal • Timeframe: 30m Let’s see if the bears take control!
Short
by Profx001
USDCHF H1 | Bearish Reversal Based on the H1chart, the price is approaching our sell entry level at 0.8268, a pullback resistance that aligns with the 61.8% Fibo retracement. Our take profit is set at 0.8194, an overlap support. The stop loss is set at 0.8334, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
USDCHF road map !!!I believe that if we look at the past prices, we will realize that the price may form a head and shoulders pattern and reach the desired supports. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
2
EURUSD is moving within the 1.12725 - 1.5750 range👀 Possible scenario: The euro fell 0.28% against the U.S. dollar on April 29 amid rising uncertainty over U.S. inflation and unclear central bank policy paths. That same day, President Trump signed executive orders introducing relief measures to offset new auto tariffs, while trade talks showed modest progress with deals nearing completion with India and South Korea. Despite temporary market relief, concerns remain over the economic impact of tariffs. On April 30, traders will watch key Eurozone GDP reports, which could move EUR/USD below 1.1300 or up toward 1.1430, depending on the results. ✅Support and Resistance Levels Now, the support level is located at 1.12725. Resistance level is now located at 1.15750.
by MaxOnMarkets