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BUY!!! GBPJPY HAS REACHED A WEEKLY INTEREST ZONEHELLO TRADERS I AM VERY INTERESTED IN BUYING THIS GBPJPY PAIR FOR THE NEXT SESSIONS LONDON AND NEW YORK FOLLOW MY ENTRY SIGNAL EVERYTHING POINTS TO THE PRICE GOING UP. TECHNICAL ANALYSIS CONFLUENCES AT THE MOMENT 1.- bullish weekly time frame 2.- bullish daily time frame 3.- rejection of the last weekly structure point 4.- rejection of weekly interest zone 5.- psychological number rejection 6.- weekly rejection candle 7.- rejection of the last daily structure point 6.- rejection of daily interest zone 8.- daily rejection candle 9.- rejection candle 4 Hr 10.- 1 Hr enveloping candle, 2 Hr enveloping candle why do I like it? The weekly and daily time frame are bullish, that is, they are in harmony, which indicates that the bullish trend has not yet ended. On the weekly time frame there are 2 weekly rejection candles. In turn, both candles being rejected in a weekly interest zone retesting above the weekly high. The psychological number 196,500 has been tested perfectly which has attracted buyers at this strong level. The price has been rejected at the highest high of the daily time frame, with a daily rejection candle. The price is being rejected in a daily interest zone that has been rejected repeatedly in the past. We have a very strong indecision candle in our area of ​​interest in the 4 Hr time frame which tells me of a change in the direction of the price towards the upside. And as the last confluence the structure in the 30 minute time frame has been broken. In all this, the only more reasonable thing is to look for purchases since the time frames are going up. If you liked my analysis, don't forget to follow me and like it, I will respond to comments and suggestions. Wait for new updates blessings and luck!!!
Long
by FxAlexisTrader
GBPJPY ANALYSISHere is our overall view on GBPJPY . After GBPJPY has made a pullback down to our PBA 1 (Pullback Area) , we are seeing more upside on the chart. At this moment we are still extremely bullish on GBPJPY. We are anticipating buys if we break above 199.180 . On the other hand, if we break 197.540 we could go back to our PBA 1 and if we break below, we could see even lower lows . As of now there is no clear indication for buys or sells. We are only entering in the trades if following has happened: Scenario 1 : breaks above 199.180 Scenario 2 : breaks below 197.540 We will be patiently waiting on breaks of our mentioned levels and we will post an update accordingly. KEY NOTES - GBPJPY has made a pullback to our PBA 1. - Break below 197.540 would confirm sells down to our PBA 1 around (195.800). - Break above our KL (199.180) would result in higher highs and confirm buys. - No trade opportunity now, breaks should be waited on. Happy trading! FxPocket
by FxPocket
USD/CHF (King Turtle): rise Slow and SteadyFundametnal Analaysis: OANDA:USDCHF outlook is shaped by notable interest rate differentials and diverging monetary policies between the Federal Reserve and the Swiss National Bank (SNB). With the Fed holding rates at 5% and the SNB's current rate at 1.00% (down from 1.25%), the dollar remains more attractive to investors seeking higher yields. The potential for the SNB to further cut rates amplifies this dynamic, as lower Swiss rates could diminish the franc’s appeal, especially with inflation in Switzerland relatively subdued at 1.1%. In contrast, U.S. inflation sits at 2.5%, with the economy showing resilience, reducing the likelihood of imminent Fed cuts. This policy divergence creates upward momentum for USD/CHF, positioning the pair for further gains as investors capitalize on the interest rate advantage and the prospect of a more dovish SNB stance. Monitoring any shifts in SNB policy will be critical, as a rate cut would likely accelerate the pair's bullish trajectory. Technical Analysis: OANDA:USDCHF chart shows a prevailing bearish trend, with the pair consistently making lower highs and lows. However, the price is currently testing a strong support zone near 0.84066, suggesting the potential for a bullish reversal. The chart hints at a possible breakout from the consolidation, with the first target (TP1) around 0.87269 and the second target (TP2) at 0.88325. The overall trend remains bearish, but if the price breaks above these levels, it could signal a reversal, especially if the SNB's dovish policy continues to weigh on the franc.
Long
by rTrader_official
8
EURUSD studyObserving the price action at the opening of the London and New York sessions can reveal valuable insights into market behavior, particularly when trading GBP/USD (GU). Often, there's a noticeable divergence in price direction during these times, presenting both challenges and opportunities for traders. Understanding these divergences can be key to successful trading strategies. At the start of the London session, market participants in the UK and Europe react to news and events that might have developed overnight, often resulting in sharp price movements. Meanwhile, during the New York session, U.S. traders enter the market with their own agendas, frequently leading to another shift or divergence in direction. Recognizing these patterns is essential for those trading GU, as it can inform timely and strategic decisions. To capitalize on these fluctuations, traders can monitor these sessions closely and identify any repeating trends. By consistently analyzing the price action at the start of each session, traders can anticipate possible reversals or continuations, allowing them to position themselves more effectively in the market. This approach combines patience with a keen eye for recurring patterns, enhancing one’s ability to respond strategically to session-driven price movements.
by martin_kemei
2
Eurusd Monthly possible escenarioI think that Eurusd made a strong expanding diagonal since 1970 to 2008. ( rare but not impossible ) This diagonal was made only of corrective waves. Then , 2008 crisis began. Eurusd start it's bearish trend as what it seems also a Diagonal, but this time contractive ( wave A ) It seems to me that we are in the pullback of a shoulder head shoulder created from 2015 to 2022, and we haven't broke Bollinger upper band yet. Volume also confirms the breakout and bearish divergence usual in waves 5. We haven't reach 61.8 % fibo yet, and we hace strong liquidity in that area. Is Eurusd ready to crash? Let's see....
Short
by Alecampos83
EUR/USD HUGE UPDATE | Trump USD Effect To Last?As results come in, USD strength has slapped the EURUSD down lower, as it has across as other major USD pairs. We know there has been recent ECB hawk rhetoric about a careful lowering of rates, and that sentiment still exists. We just hit a major Price Action level to the downside also feeding into some short profit taking / long side new entries. The Trump factor is because it is believed rates may also lower in the US slower than expected due to an inflationary effect. So, that creates more of an even keel. Long bias therefore in proportion with risk level overall. Looking for decent moves to the upside to trend trade, should reversal occur.
Long
by WillSebastian
EUR / USD _ Distribution _ Prices _ Under _ Trading _ Venue _ OAEUR / USD _ Distribution _ Prices _ Under _ Trading _ Venue _ OANDA. 99.9% Struggle how to trade Forex , because when it come to Forex you must be a master of reading numbers. I will show you a simple strategy! __________________________ 1st Execution = 1.08801 ______________ Drop = $1.08801 ________________ Next Execution = 1.09788 ______________________ Drop = 1.08401 ________________________ Breakout = 1.11628
Short
by Skill-Knowledge-Conduct
600pips+ Buy PotentialFollowing our successful sell trade, we've hit the third target at 1.6260. Now, we’re positioning ourselves for a rally to the upside. This setup aligns with a demand level and a liquidity sweep around 1.2642, along with wave formation analysis suggesting we're on track for the fifth wave – potentially the final rally before a significant drop projected in 2025. Price is currently holding at a discount level, giving us an optimal entry point. We're targeting a move of approximately 600 pips, with the first target at 1.6595. Stay tuned for updates on this setup, and remember: patience is part of the strategy.
Long
by Ieios