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GBPUSD on the way to 1.34The currency pair in focus is GBP/USD, representing the British Pound (GBP) and the US Dollar (USD). The current price of the pair is 1.25, meaning 1 British Pound is worth 1.25 US Dollars. The target price is 1.34, indicating an expected price movement to 1.34, where the British Pound will be worth 1.34 US Dollars. The gain in pips is 400, meaning the price is anticipated to rise by 400 pips, with each pip representing a small movement in the exchange rate. The strategy being followed is based on support and resistance levels, which are key concepts in technical analysis. Support refers to a price level where the pair tends to find buying interest, while resistance represents a price level where selling interest is typically strong. This suggests the pair has recently bounced from a support level and is approaching a resistance level. If the price breaks through the resistance, it could move toward the target price. The pattern of support and resistance helps traders identify potential entry and exit points, guiding them towards achieving the 400-pip gain. This strategy relies on observing price trends and historical levels of support and resistance to predict future price movements. Good Volume Expecting.
Long
by AndrewsMarket-Mastery
NZD/USD LONGLong NZD/USD is supported by technical analysis based on key indicators that suggest a potential reversal or bounce in the price. On the 4-hour chart, the price is showing signs of consolidation after a long downtrend, with a favorable setup for a recovery. The Alligator moving averages are still bearish, but the price is starting to consolidate near the lower level, suggesting a possible weakening of the bearish pressure. The indicator below is showing a reversal from the oversold level (-50), with a positive bias, signaling a potential resumption of buying by the market. Support and Resistance: The support level at 0.5700 has held so far, while the target area is visible near 0.5740-0.5760, indicating a reasonable profit window. The stop loss has been placed below the recent low to manage risk. These elements suggest that the price may attempt a bounce in the short term. However, it is essential to carefully monitor the confirmation of the trend through a breakout of key levels and increasing volumes.
Long
by SwipeUp_TC
USD/JPY (24/12): Continuing UptrendToday, the USD/JPY pair is heavily influenced by the monetary policy of the Bank of Japan (BoJ). Although the current interest rate of the BoJ is 0.25%, the BoJ is expected to consider raising it to 1.0% by the end of 2025 if inflation and the economy improve. However, for now, the BoJ maintains a cautious stance due to global and domestic economic uncertainties. Japan's economy may continue to grow with increased consumption and wages, but it still faces the challenge of deflation. The USD/JPY exchange rate is currently rising slightly due to the significant interest rate differential between Japan and the US. On the 4-hour chart, the USD/JPY pair is in an uptrend. The nearest support level is 156.50; if the price falls below this level, a slight correction may occur, but the overall trend remains bullish unless there are major changes from the BoJ or global factors. If the USD/JPY rate stays above the 156.50 support level, this could present a buying opportunity, with the target approaching the nearest resistance level at 157.67. If this level is broken, the pair could continue toward the next target of 158.00 or even 160.00.
by Alisa_Rokosz
USDJPY Exhibiting a Bullish PatternThe USDJPY a Bullish Pattern Based on the market Condition price will Move in to Buy Side. The Key Resistance Zone to watch the around 160.000if the Price reached or Resistance Zone Could may be Strong selling zone Pressure or a Possible Reversal. Keep Eye on the Target any Fundamental factors such as economic data Releases or geopolitical events that could impact On the USDJPY Price movement During the Day. Rate Share idea Whats Going on Thanks.
Long
by FxJennefir
2
usdcad long/short conditional order USDCAD LONG/SHORT It is a conditional order when we break down stop loss of long order wiil be trigged and short conditional order will be trigged 💎Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position ⛔️INSTRUCTIONS 1: Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss ⛔️INSTRUCTIONS 2: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 It is a conditional order when we break down stop loss of long order wiil be trigged and short conditional order will be trigged
Long
by RODDYTRADING
GBPCHF A Fall Expected! SELL! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1281 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 - 1.1222 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
#EURCAD 2HEURCAD (2H Timeframe) Analysis Market Structure: Channel Pattern: The price is moving within a defined channel, respecting both support and resistance levels. Currently, it is near the upper boundary of the channel, signaling potential resistance. Bearish Engulfing Area: A bearish engulfing candlestick pattern has appeared near the resistance zone, indicating possible selling pressure. Forecast: Sell Opportunity: The price is positioned at the channel resistance with bearish candlestick confirmation, suggesting a potential downward move within the channel. Key Levels to Watch: Entry Zone: Near the upper boundary of the channel or at the bearish engulfing area. Risk Management: Stop Loss: Placed above the channel resistance or engulfing candle high to protect against invalidation. Take Profit Zones: Target the midline or lower boundary of the channel as potential downside levels. Market Sentiment: Bearish Outlook: Sellers are likely to dominate as long as the price remains below the resistance area, maintaining a downward channel trend.
Short
by PIPSFIGHTER
1
SELL Signal – NZD/USD - Targeting 226 PipsEntry: 0.5764 TP: 0.5538 SL: 0.5889 Risk/Reward: 2.32 Reasoning: Monetary Divergence: The RBNZ has paused rate hikes, weakening NZD appeal, while USD strength is supported by higher U.S. Treasury yields and reduced Fed rate-cut expectations. Economic Weakness: New Zealand faces slowing growth, a weak housing market, and reduced demand from China. Bearish Momentum: NZD/USD recently broke two long-term support levels, suggesting further downside toward the 0.5538 demand zone. Strong USD: Global monetary easing (e.g., Switzerland, Canada, ECB) and policy concerns are bolstering the USD, further pressuring NZD.
Short
by ValchevFinance
1
DeGRAM | GBPUSD rebound in the channelGBPUSD is moving in a descending channel between the trend lines. Price is moving from the lower boundary of the channel and dynamic support, and is now above the 50% retracement level of the rebound correction. The chart is maintaining a downward structure. At the current moment, the pair's chart looks bearish, but is clearly preparing for a reversal, for which a rising bottom is yet to be formed. We expect the rebound to continue if GBPUSD forms a rising bottom and consolidates above the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
Could the price drop from here?EUR/CAD is reacting off the resistance level which is an overlap resistance and could potentially drop from this level to our take profit. Entry: 1.49824 Why we like it: There is an overlap resistance level. Stop loss: 1.5166 Why we like it: There is a pullback resistance level. Take profit: 1.4847 Why we like it: There is an overlap support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
EURUSD: Fed spoiled Holiday seasonThe FOMC cut interest rates by 25 bps at their December meeting, which was expected by the markets. Still, in an after the meeting address to the public, Fed Chair Powell provided some not-so welcomed projections for the following year. At this moment, Fed is expecting fewer rate cuts in 2025, from initially projected, with a 50 bps current baseline. This change comes from expectations of a higher inflation in 2025. The PCE indicator is expected to end next year at 2,5%, versus 2,2% previously forecasted, while its targeted 2% is expected to reach in 2027. The US Retail Sales increased in November by 0,7% for the month, above market expectation of 0,5%. Retail sales increased by 3,8% on a yearly basis. The Industrial Production was down by 0,1% in November, which was lower from market estimate of +0,3%. The IP on a yearly basis was down by -0,9%. Building Permits preliminary for November were higher by 6,1%. The GDP Growth rate final for Q3 is 3,1%, higher from market estimate of 2,8%. The PCE Prices final for Q3 were higher by 1,5% for the quarter, in line with market expectations. The PCE index was up by 0,1% in November for the month, while core PCE reached also 0,1% in November. Personal Income was up by 0,3% in November, while Personal Spending reached 0,4% for the month. The PCE index stands at 2,4% for the year, which was lower from market estimate at 2,5%. The Michigan Consumer Sentiment final for December was published, reaching the level of 74,0, and the five year inflation expectations of 3%. The HCOB Manufacturing PMI Flash for Germany in December was standing at 42,5, lower from market forecast of 43,1. At the same time, the same indicator for services stands better at the level of 51,0, higher from market estimate of 49,3. The Ifo Business Climate in Germany for December was 84,7, again a bit lower from estimated 85,6. The ZEW Economic Sentiment Index in Germany in December exceeded market expectations with a value of 15,7, while the forecasted figure was 6,5. Inflation rate in the EuroZone, final for November, was standing at 2,2%, a bit lower from estimated 2,3%. The GfK Consumer Confidence in Germany for January is -21,3, lower from market estimate of -22,5. It was a challenging week on financial markets. The Fed projections for the year 2025 was something that the market did not expect, so the currency pair reacted in a pretty volatile way. The eurusd started the week around 1,05 level and moved all the way down to lowest weekly level at 1,035. Still, at Friday's trading session, the currency pair reverted a bit, ending the week at 1,0430. The RSI reached an oversold territory, but ended the week at the level of 40. The moving average of 50 days continues to strongly diverge from MA200 counterparty, indicating that no cross should be expected in the near term. The following week is a Holiday week on the Western markets. This means finally some less volatility, although this was a very challenging year-end. As seen during the previous week, the 1,04 support line might continue to be under pressure in the following period. Still, due to the Holiday, it should not be expected that this level is going to be breached till the year-end. Important news to watch during the week ahead are: EUR: Holiday season starts from Wednesday, and no significant data is scheduled to be published. USD: Although Holiday season starts from Wednesday there will be only a few macro data published: Durable Goods Orders for November are due on December 24th.
by XBTFX
USDJPY H1 I Bearish Breakout?Based on the H1 chart analysis, we can see that the price is falling to our sell entry at 157.04, A bearish breakout. Our take profit will be at 156.22, which is a pullback support level. The stop loss will be placed at 157.80, which is a swing high 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.
Short
by FXCM
EUR/USD 30-Minute Chart AnalysisEUR/USD 30-Minute Chart Analysis The EUR/USD pair is currently trading within a well-defined upward channel, showing bullish momentum. It recently moved from the support level around 1.0330 to test resistance at approximately 1.0457, with the current price around 1.0429. Key levels to watch include: Resistance: Immediate resistance at 1.0457 and potential higher resistance near 1.0475. Support: Initial support at approximately 1.0384 and stronger support near the previous low at 1.0330. Traders should watch for potential reversal signals from RSI and MACD, as well as volume trends that can confirm market sentiment. Overall, the pair presents opportunities for both long and short positions depending on price action dynamics. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
by David_Josh_Trader