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GBPJPY Trade Idea – Eyeing Short from 194.100We’re monitoring the 194.1 level for potential short opportunities. While buyers have been in control, momentum is beginning to show signs of slowing down, suggesting the current uptrend may be running out of steam. Price is starting to form a potential top near a key resistance zone. If this level holds, we could see a pullback in the coming session Our approach? Look to sell into strength—specifically around the 194.1 resistance, which aligns with our custom zone. As always, we’ll wait for confirmation and let the market lead. This is a short bias with caution—if price breaks and holds above, we’ll step aside.
Short
by Eleazarahmath
5
The trend of the EURUSD fluctuates and declines downwardOn Monday, as expected, the EUR/USD pair generally trended downwards. The price dropped to a low of 1.0781 and climbed to a high of 1.0857 on that day, closing at 1.0800. Looking back at Monday's market performance, the price made a short - term upward correction right after the morning opening. Then, as anticipated, it reached the resistance levels on the four - hour chart and within the daily resistance range before halting its ascent. The price came under renewed pressure and declined during the pre - US session and the US trading session, ultimately closing with a large bearish candlestick on the daily chart. Currently, on the daily chart, special attention should be paid to the resistance area around 1.0860. As long as the price stays below this level, a downward - pressured trend can be expected for the swing trading. Meanwhile, from the perspective of the four - hour chart in the short term, the area around 1.0770 needs to be closely watched. Once it is broken below, the focus should shift to the area around 1.0720. Trading strategy: Sell@1.0820-1.0830 TP:1.0770-1.0720 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Short
by LeoBlackwood
USD/JPY Trend Today - Unfavorable for JPY🔔🔔🔔 USD/JPY news: 👉Private sector activity in Japan deteriorated in March, as the composite PMI dropped from a six-month high of 52.0 in February to 48.5, signaling a renewed decline in business activity. The services PMI fell to a three-year low of 49.5 from 53.7 in February, while the manufacturing PMI declined to a multi-year low of 48.5 from 52.0 in the previous month. 👉Meanwhile, Japan’s Finance Minister, Katsunobu Kato, warned that "Japan has not yet overcome deflation." He noted that rising prices were primarily driven by a weak yen and high commodity costs rather than a cycle of wage growth and consumer demand. 👉The Bank of Japan (BoJ) is unlikely to tighten its policy significantly beyond current levels, which poses a downside risk for the JPY. Swap markets continue to indicate a rate hike of less than 50 basis points over the next twelve months. Personal analysis: 👉JPY is underperforming most major currencies, JPY is unlikely to gain traction over USD due to the impact of fundamental information. Therefore, in the short term, this pair will maintain its upward momentum 👉However, USD/JPY is approaching the strong resistance level of 151.00. Besides, RSI (1H) is entering the overbought zone, so there will be a technical pullback to create momentum for the main uptrend. 👉Analysis based on important resistance - support and Fibonacci levels combined with Pivot points and RSI to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell USD/JPY news: 151.00 - 151.10 ❌SL: 151.45 | ✅TP: 150.60 – 150.20 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
USD/JPY Pulls Back After Testing Channel ResistanceUSD/JPY has slipped to 149.67, down 0.66% on the day after stalling near the top of a rising channel. The pair failed to reclaim the 50- and 200-day SMAs, which remain tightly aligned near 151.7, now acting as resistance. 🔺 Price is still inside a short-term rising channel, but today's bearish candle suggests waning momentum. 📉 MACD remains in bearish territory, and while it’s improving, there’s no crossover yet. 📉 RSI at 49.06 hovers at the midpoint, showing a lack of conviction either way. Key Levels: Resistance: 151.00–151.75 (confluence of moving averages) Support: 146.95 (61.8% Fib retracement), then 143.71 (78.6% Fib) A break below the channel could signal a return to the broader downtrend, while a close above 151.75 would shift the short-term outlook bullish. -MW
by FOREXcom
GBP/USD "The Cable" Forex Bank Heist Plan (Scalping / Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (1.28877) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at 1.29600 (swing / Day Trade Basis) Using the 2H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.27800 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. GBP/USD "The Cable" Forex Bank Heist Plan (Scalping / Day Trade) is currently experiencing a bearishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
by Thief_Trader
2
USDCAD What Next? SELL! My dear subscribers, This is my opinion on the USDCAD next move: The instrument tests an important psychological level 1.4356 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4330 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
4
USDJPY Massive Short! SELL! My dear friends, USDJPY looks like it will make a good move, and here are the details: The market is trading on 150.66 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 149.11 Recommended Stop Loss - 151.56 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
CHFJPY The Target Is DOWN! SELL! My dear followers, I analysed this chart on CHFJPY and concluded the following: The market is trading on 169.95 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 168.83 Safe Stop Loss - 170.67 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
3