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USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵 I see a very bearish price action on USDJPY: The price formed a head & shoulders pattern after a test of a key daily/intraday resistance and violated its neckline and a rising support of a rising wedge pattern. The next strong support is 141.75 It will most likely be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
EURGBP INTRADAY corrective pullback supported at 0.8444EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation. Key Support Level: 0.8444 – previous consolidation range and pivotal support Upside Targets: 0.8550 – initial resistance 0.8620 and 0.8715 – extended bullish targets on higher timeframes A bullish reversal from 0.8444 would suggest continuation of the uptrend, confirming buying momentum. However, a decisive break and daily close below 0.8444 would invalidate the bullish structure, opening the door for further retracement toward 0.8376, with additional support at 0.8350 and 0.8300. Conclusion EUR/GBP remains bullish above 0.8444. A bounce from this level supports further gains. Traders should watch for confirmation signals before positioning for the next move. 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.
by TradeNation
EURUSD INTRADAY rend continuation supported at 1.1277Trend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a sideways consolidation (coiling price action) possibly triggering a corrective pullback towards a newly formed support zone, previously a resistance level. Key Levels to Watch: Support Levels: 1.1240 – Previous resistance turned support, key level for potential bounce. 1.1144 – Secondary support level if 1.1240 fails. 1.1000 and 1.0890 – Stronger support in case of extended retracement. Resistance Levels: 1.1475 – Initial resistance level on the upside. 1.1595 – Next target if bullish momentum continues. 1.1700 and 1.1830 – Long-term resistance and key breakout point. Market Sentiment & Price Action: The recent corrective pullback aligns with normal market fluctuations within an uptrend. A bullish bounce from the 1.1240 support level could trigger an upside move, targeting the 1.1475 resistance level and potentially extending towards 1.1595 and 1.1700 – 1.1830 over a longer timeframe. Alternatively, a confirmed loss of the 1.1240 support, accompanied by a daily close below this level, would weaken the bullish outlook. This could lead to further downside pressure, potentially testing the 1.1144 level, with an extended decline towards 1.1000 and 1.0890 if selling pressure intensifies. Conclusion: The EUR/USD pair remains in a bullish structure as long as the 1.1240 support holds. A successful bounce from this level would reinforce the uptrend, targeting higher resistance zones. However, a decisive break below 1.1240 and a daily close under this level could shift sentiment bearish, leading to further downside retracement. 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.
by TradeNation
Euro Under Mild Pressure Amid Policy Uncertainty and Weaker USD📌 EUR/USD Outlook: Euro Under Mild Pressure Amid Policy Uncertainty and Weaker US Dollar 📉 🌍 Fundamental Overview EUR/USD is trading cautiously around 1.1400, as market sentiment remains sensitive to developments in the US-China trade situation and broader monetary policy expectations. Despite recent USD weakness — where the greenback lost ground against all G10 currencies this April — the Euro is facing renewed selling pressure amid rising speculation about further ECB rate cuts. ECB policymakers, including Olli Rehn and François Villeroy de Galhau, highlighted the increasing risks of missing the 2% inflation target, reinforcing the need for more monetary easing if necessary. Meanwhile, mixed signals between Trump and Beijing over trade negotiations have kept uncertainty high, putting both USD and risk sentiment in flux. 📈 Key Economic Events to Watch US Data: JOLTS Job Openings Q1 GDP Preliminary ISM Manufacturing PMI ADP Employment Change Nonfarm Payrolls (NFP) Core PCE Price Index (March) Eurozone Data: Q1 GDP Preliminary April HICP Inflation Recent weaker-than-expected Spanish GDP (0.6% vs. forecast 0.7%) also adds pressure on the broader Eurozone outlook. 📊 Technical Outlook – EUR/USD Immediate Resistance: 1.1450 – 1.1475 Immediate Support: 1.1375 – 1.1340 The pair is now hovering near the 1.1400 psychological level, with slight bearish momentum: A break below 1.1375 could open the path towards 1.1340. On the upside, holding above 1.1400 and reclaiming 1.1450 would be needed to revive bullish momentum. The Dollar Index (DXY) remains trapped around 99.20, hinting at limited immediate USD strength but vulnerable to macro catalysts. 🧠 Trading Strategy Prefer short-term sell setups if EUR/USD fails to hold 1.1400 and breaks below 1.1375. Bullish setups are only valid if Price closes firmly above 1.1450, aiming towards 1.1475 resistance. ⚡ Traders should stay cautious ahead of major data this week, especially US NFP and Core PCE, which could redefine short-term Dollar strength. 💬 Are you watching for a deeper pullback or waiting for a bounce above 1.1450? Let’s discuss! 👇👇👇
Short
by MMFlowTrading
3
AUDUSD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Short
by thegoldenbear
1
NZDUSD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Short
by thegoldenbear
GBPNZD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear
GBPCAD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear
Loonie Drops on Election Shock – Is USD/CAD Set to Rally Further⭐️The USD/CAD pair recovered from intraday losses, trading around 1.3840 in Tuesday’s early European session, as the Canadian dollar (CAD) weakened following Canada’s election results. Prime Minister Mark Carney of the Liberal Party retained power but secured only 167 of 343 seats, falling short of the majority needed for effective trade negotiations with the US. Carney declared the end of the US-led global trade system, unsettling the CAD. The USD gained from optimism in US-China trade relations, with Trump open to lowering tariffs, Beijing exempting some US imports, and ongoing talks with President Xi Jinping showing progress. Trump also proposed reducing auto tariffs, boosting market sentiment. 🔼BUY 1.37100 - 1.36900 SL 1.36600 TP1 1.37400 TP2 1.37900 🔽SELL 1.38800 - 1.39000 SL 1.39300 TP1 1.38500 TP2 Open
Short
by MMFlowTrading
2
GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at Entry Point: Marked at 1.34370, where the analyst anticipates a reversal or price rejection. Stop Loss: Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade. Target (Take Profit): Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall. Resistance Point: Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.
Short
by EA_GOLD_MAN_COPY_TRADE
13
AUDUSD Will Move Lower! Short! Take a look at our analysis for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.641. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.629 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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1