GBPUSD Will Grow! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.336.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.342 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Forex market
NZDUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.592.
The above observations make me that the market will inevitably achieve 0.580 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDNZD Will Go Higher From Support! Long!
Take a look at our analysis for AUDNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.079.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.097 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Key Levels and Market Sentiment for EUR/USDOverview: The EUR/USD pair has shown notable movements within the marked support and resistance zones on the 30-minute chart. Current price action provides opportunities for both short-term trading and a potential breakout scenario.
Key Levels:
Resistance Zone: 1.13901
Support Zone: 1.12393
Current Price: 1.13764 as of 11:43 (local time)
The resistance at 1.13901 has been tested multiple times, suggesting a strong seller presence. Conversely, the 1.12393 support zone indicates a significant accumulation area for buyers.
Volume Profile Insights: The volume distribution highlights concentrated trading activity around the mid-range levels, reflecting market indecision. A breakout from either the resistance or support zone could lead to substantial momentum.
Outlook:
A breakout above the resistance at 1.13901 may signal further bullish momentum, targeting higher levels within the 1.14200 range.
A breakdown below the support at 1.12393 might open the door for bearish continuation towards lower price levels.
Traders should watch for confirmations, such as volume spikes or candlestick patterns, before entering positions.
Closing Thoughts: Consistency | Discipline | Perseverance are the hallmarks of successful trading. Keep these principles in mind as you navigate the EUR/USD market this week.
The Day Ahead Wednesday April 30
Data: US Q1 GDP, employment cost index, April ADP report, MNI Chicago PMI, March core PCE, personal income and spending, pending home sales, China April official PMIs, Caixin manufacturing PMI, UK April Lloyds Business Barometer, Japan March retail sales, industrial production, housing starts, Germany April CPI, retail sales, import price index, unemployment claims rate, Q1 GDP, France April CPI, March PPI, consumer spending, Q1 GDP, Italy April CPI, March PPI, Q1 GDP, Eurozone Q1 GDP, Canada February GDP, Australia Q1 CPI
Central banks: ECB’s Muller speaks, BoE’s Lombardelli speaks
Earnings: Microsoft, Meta, Samsung, Qualcomm, Caterpillar, TotalEnergies, Airbus, Iberdrola, Santander, UBS, KLA, Equinix, GSK, Tokyo Electron, MediaTek, Equinor, Mercedes-Benz Group, Credit Agricole, Barclays, Volkswagen, CaixaBank, Deutsche Post, Haleon, Robinhood, Societe Generale, Humana, eBay, GE HealthCare, ArcelorMittal, Evolution AB, Repsol, Norwegian Cruise Line, Albemarle, Wingstop, Etsy
Auctions: US Treasury quarterly refunding announcement
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Zone to zone The market broke out our weekly zone ,I'm predicting that it will go up to the next nearest zone . Currencies moves slowly this move might even take days, but I advise that once you hit your target close your trades or move your stop loss to protect your profits .
Remember this is not a financial advice but this is a suggestion of mine
NZDJPY Is Going Down! Short!
Take a look at our analysis for NZDJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 85.345.
Taking into consideration the structure & trend analysis, I believe that the market will reach 84.425 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD long to yesterday's London session HighI'm taking a long with a target set at yesterday's London high.
My confluences are
Uptrend in the higher timeframes
Liquidity pool at a 50% fib level
Wick rejections at lower timeframes
Since today has been quite bearish so far this is a riskier trade. The reversal has not established itself yet completely.
DeGRAM | EURUSD Declining From the Supply Zone📊 Technical Analysis
● EUR/USD stays below the broken resistance line.
● While under $1.144, the chart favors a slide to 1.131 → 1.12.
💡 Fundamental Analysis
● U.S. yields remain elevated, supporting the dollar.
✨ Summary
Stalling Euro-area growth and firm U.S. yields reinforce the technical breakdown. A daily close below 1.131 should accelerate the decline towards 1.12.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDNZD BUY TRADE PLAN🔥 AUDNZD TRADE PLAN 🔥
📅 Date: April 30, 2025
📋 TRADE PLAN OVERVIEW
Plan ID: ANZ30APR25-SW
Type: Swing
Direction: Buy
Confidence: ⭐⭐⭐⭐ (86%)
Risk:Reward: 4.3:1
Status: Waiting
🧭 Guidance Note:
Primary Swing Plan based on fresh bullish BOS + H4 reversal structure confirmed. D1 sweep + OB reclaim. No tactical sell exists. Risk = 1%.
📈 MARKET BIAS & TRADE TYPE
Bias: 📈 Bullish
Trade Type: Reversal → Continuation (Nested OB + BOS-Based Swing Entry)
🔰 CONFIDENCE LEVEL
Confidence: ⭐⭐⭐⭐ (86%)
Weight Breakdown:
• D1 Bullish BOS → 28%
• H4 Bullish OB Reclaim + iBOS → 22%
• H1 OB + Sweep Confirmed → 16%
• Macro Confluence (AUD Bullish, NZD Neutral) → 14%
• Volume Spike M30 + VSA Matching → 6%
📍 ENTRY ZONES
🟥 Primary Buy Zone: 1.0760 – 1.0740
→ H1 OB nested inside H4 OB
→ Sweep + Rejection Observed
→ 70.5% Fib OTE Alignment
🟧 Secondary Zone: 1.0730 – 1.0715
→ Deep mitigation FVG fill zone
→ SMTZ-style reactive layer
❗ STOP LOSS
SL: 1.0690
• Below H1 OB + liquidity sweep wick
• Adjusted with 1x H1 ATR (17 pips)
• No SL tightening needed unless during news
🎯 TAKE PROFITS
TP1: 1.0835 → Immediate swing reaction zone (internal H1 liquidity)
TP2: 1.0900 → Clean H4 external liquidity sweep
TP3: 1.0975 → D1 premium reversal zone
📏 RISK:REWARD
• TP1: 2.3:1
• TP2: 3.6:1
• TP3: 4.3:1
✅ Meets Swing Standard (Min 3.5:1)
🧠 MANAGEMENT STRATEGY
• Risk: 1.00% of capital
• SL to BE +10 pips after TP1
• Scale Out:
→ 50% at TP1
→ 30% at TP2
→ 20% trailed toward TP3
• Immediate exit if NZD strengthens macroscopically or DXY spikes
⚠️ CONFIRMATION CRITERIA (Optional Manual Entry Enhancers)
✅ Entry can be set as pending limit OR wait for:
• M30/H1 bullish engulfing inside OB
• Volume spike M30
• No early entry — wait for clean candle formation if manual
⏳ VALIDITY
Plan Type: Swing
Expiration: 72 hours
Auto-expire if price doesn’t enter zone or violates structure within 3 days
❌ INVALIDATION
• D1 CHoCH against long bias
• SL wick violation and internal structure break
• Macro shift (AUD → Bearish, NZD → Bullish), sentiment score falls < +6
🌐 FUNDAMENTAL & SENTIMENT SNAPSHOT
• AUD Macro: Mildly Bullish (RBA steady, commodities up)
• NZD Macro: Neutral (RBNZ data-dependent)
• Retail Sentiment: 71% short AUDNZD → Bullish Confirmation
• DXY: Weakening → Favors AUD
• Cross-Market: AUDUSD firm, NZDUSD weak
Sentiment Score: +7/10
📋 FINAL TRADE SUMMARY
We are executing a bullish swing continuation on AUDNZD.
Entry aligns with OB reclaim, volume confirmation, and macro sentiment.
Targets offer clean upside, risk is managed institutionally.
No tactical sell setup active.
GBPUSD(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:
1.3409
Support and resistance levels:
1.3471
1.3448
1.3433
1.3385
1.3370
1.3347
Trading strategy:
If the price breaks through 1.3409, consider buying, the first target price is 1.3433
If the price breaks through 1.3385, consider selling, the first target price is 1.3370
GBP/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
GBP/CHF SIGNAL
Trade Direction: short
Entry Level: 1.102
Target Level: 1.061
Stop Loss: 1.130
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/CHF: Safe-Haven Demand and Weak U.S. Data Weigh on Dollar!The USD/CHF pair is trading in a general downtrend on the 4-hour timeframe, forming consecutively lower lows. The recent declines are attributed to the weakening US dollar amid concerns over tariff-related disruptions and their impact on the US economy. On the other hand, the Swiss franc has seen increased demand as a safe-haven currency, similar to the Japanese yen.
Will the Pair Continue to Decline?
Markets are closely watching this week’s upcoming US employment data, which is highly significant as it will provide insight into how tariffs are affecting the US labor market.
On Tuesday, April 29, 2025, the JOLTS Job Openings report showed a disappointing reading of 7.91M, marking the lowest level since October 2024. Additionally, the Consumer Confidence Index fell to 86 — its weakest level since July 2014!
These figures highlight weakness in the US dollar and suggest a potential continuation of its decline against other currencies.
Technical Outlook for USD/CHF:
On the 4-hour chart, the pair is in a clear downtrend. A rise toward the 0.83052 level increases the likelihood of a renewed decline, continuing the bearish trend and targeting 0.82291 as the first support and 0.81025 as a second, longer-term target.
This bearish scenario would be invalidated on the 4-hour chart if the price breaks above and closes above the 0.83344 level.
Note: Markets are awaiting several key data releases this week that could impact this pair, including:
• ADP Non-Farm Employment Change
• Advance GDP q/q
• Core PCE Price Index m/m
• ISM Manufacturing PMI
• Average Hourly Earnings m/m
• Non-Farm Employment Change
• Unemployment Rate
If growth and employment data disappoint, the US dollar is likely to continue weakening in the short to medium term.
USDCAD swing longsFrom fundamental analysis on CAD futures derived from "barchart.com". Currently as of writing (Monday 30th April 2025), we can see the CAD futures price increasing from this day but the Open Interest has been decreasing steadily so we can anticipate a reversal soon for the futures price (to flip bearish), which means bullish PA for USDCAD (this could also give you a slight insight/confirmation to DXY’s potential price).
Technicals outlined in chart using price action.
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.
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AUDUSD(20250430)Today's AnalysisTechnical analysis:
Today's buying and selling boundaries: 0.6402
Support and resistance levels:
0.6475
0.6447
0.6430
0.6374
0.6356
0.6329
Trading strategy:
If the price breaks through 0.6402, consider buying, the first target price is 0.6430
If the price breaks through 0.6374, consider selling, the first target price is 0.6356
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.
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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.