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NZDUSD 4hNZD/USD 4H Analysis – Bullish Channel Holding Support Market Structure & Trend Analysis: The price is moving within a well-defined ascending channel, with multiple touches on both support and resistance. Recent bounce from the lower trendline suggests the bullish structure is still valid. The blue arrow indicates a potential upside move toward the channel’s upper boundary. Key Levels to Watch: Support: 0.5700 (lower trendline and historical reaction zone). Resistance: 0.5850 - 0.5900 (upper trendline & previous rejection area). RSI & Volume Analysis: RSI is at 43.21, showing a weak momentum but near oversold levels, suggesting possible bullish reversal. Volume is moderate, meaning we may need a stronger confirmation before a breakout. Trade Considerations: 📈 Bullish Scenario: If price holds above 0.5700, we could see a push towards 0.5850 - 0.5900. 📉 Bearish Scenario: A breakdown below the channel could trigger a decline toward 0.5600. ⚠️ Confirmation Needed: Look for bullish candlestick patterns before entering long trades.
Long
by Forexbeats
EURGBP SELLTracking EUR/GBP on the 15-minute timeframe, we see a potential short opportunity from a key supply zone. Key Zones & Setup: 🟣 Bearish Order Block (Supply Zone): 0.83800 - 0.83830 This area acted as strong resistance, where institutional traders likely positioned sell orders. Expecting price to push into this zone before reversing lower. Break of Structure (BOS) on lower timeframes (M5/M1) is needed for confirmation. 🔵 Target Area (Demand Zone): 0.83450 If the supply zone holds, price could drop toward this key demand level. This zone aligns with previous BOS levels and price reactions. Trade Plan: 📈 Waiting for price to push into the supply zone (0.83800 - 0.83830). 🔎 Looking for BOS on lower timeframes (M5/M1) before shorting. ✅ Entering a sell position upon confirmation. 🎯 Targeting the 0.83450 demand zone. ⚠️ Stop-loss above 0.83830 to manage risk. Market Outlook: If price fails to break structure, we avoid shorts and reassess. This setup follows smart money concepts (SMC) with a focus on BOS and order blocks. 💬 What do you think? Are you seeing the same setup? 🚀🔥
Short
by Ramzftmo
USDJPY BUY📊 EUR/JPY - Order Block & Break of Structure (BOS) Strategy 📊 Tracking EUR/JPY on the 15-minute timeframe, we see a potential bullish setup based on order blocks (OBs) and smart money concepts (SMC). However, confirmation via Break of Structure (BOS) on lower timeframes will be key before entering a trade. Key Zones: Bullish Order Block (Demand Zone): 161.000 - 160.700 Expecting price to drop into this area, where institutions previously showed strong buying pressure. Looking for BOS on lower timeframes (M5/M1) to confirm bullish intent before entering a buy position. Bearish Order Block (Supply Zone): 163.500 - 163.700 A strong resistance level where price previously sold off. If price reaches this area, we could see a reaction or potential reversal. Trade Plan: 📉 Wait for price to enter the demand zone (161.000 - 160.700). 🔎 Look for a Break of Structure (BOS) on lower timeframes (M5/M1) to confirm bullish reversal. ✅ Enter a long position upon confirmation. 🎯 Targeting the supply zone at 163.500 - 163.700. ⚠️ Stop-loss below 160.700 to manage risk.
Long
by Ramzftmo
EUR USD - Bias: Bearish - limit orderBias: Bearish Market Structure and Reasoning: The EUR/USD has been in an overall downtrend in recent days, forming successive lower highs and lower lows across multiple timeframes. The 4-hour chart shows a clear bearish momentum with price recently breaking below key support levels. On the 1-hour timeframe, we can observe a series of bearish candles with minimal retracement, indicating strong selling pressure. The 15-minute chart confirms this bearish structure with price trading below previous support zones. Trading Setup: The price is currently hovering around the 1.0788 level, which appears to be a weak support that has been tested multiple times. The overall structure suggests potential for continued downside movement. Entry: 1.0795 (Limit Order) Look to enter on a retracement to the 1.0795 level, which was previous support and may act as resistance on a retest. Stop Loss: 1.0830 Place stop loss above the recent swing high, limiting risk to 35 pips. Take Profit (TP1): 1.0760 First target at the recent low, providing a favorable risk-reward ratio. Extended Take Profit (TP2): 1.0730 Second target at the psychological level which should provide stronger support. Order Type: Limit Order Wait for price to retrace to the entry level rather than chasing the current move. Alternative Scenario: If price breaks above 1.0830 with conviction, the bearish bias would be invalidated. In that case, wait for a potential shift in market structure before considering new positions.
Short
by ShlomoYahbes
1
Forex Traders Focus on Trump’s Tariff NewsForex Traders Focus on Trump’s Tariff News As April 2 approaches—the date when Trump's international trade tariffs are set to take effect—traders are increasingly concentrating on this highly uncertain issue. Yesterday, the U.S. president stated that: → Tariffs on cars would be introduced "soon" (but not all possible tariffs would be imposed); → Some countries might receive exemptions; → Nations purchasing oil from Venezuela could face 25% tariffs. Following these remarks: → Oil prices rose; → U.S. stocks gained as Wall Street (according to Reuters) interpreted the comments as a sign of flexibility in trade negotiations. Given this backdrop, the EUR/CAD chart is particularly interesting, as both Europe and Canada frequently feature in news related to the White House's trade policies. EUR/CAD Exchange Rate Today As seen on the EUR/CAD chart, the pair has slightly declined at the start of the week, dipping towards 1.54450. However, market volatility remains high: → The pair has gained approximately 2.85% since early March; → The decline from March’s peak is around 2.6%. Technical Analysis of EUR/CAD The pair’s volatile price swings have formed a trend channel (marked in blue). Notably, the 1.57750 level has shifted from support to resistance, signalling bearish dominance. This is further reflected in the price movement within the red channel. If bears maintain control, EUR/CAD may drop towards a support zone, which includes: → The median of the blue channel; → The 1.54000 support level, drawn from early March’s local low. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
EurUsd Bullish Order blockGood day once again traders EurUsd is looking very clear and clean if you ask me, now here what we see is that price is now trading inside a bullish order block after price broke the overall structure bearish but from experience I believe we all know that price does not deliver price one side so meaning price has to go fill imbalances left behind in the leg that broke structure lower, and boom there is a FVG(SIBI) marked with the two horizontal lines with the '4h' on top. Now the narrative for this set up is that price has to go fill that SIBI and since we have beautiful equal highs just above that SIBI mentioned price should also take them out because as ICT says there is liquidity resting above those highs at 1.09173 than maybe we can start thinking of looking lower. On the lower timeframes we first want price to trade above today's high of the day to confirm our trade bias
Long
by FxPipMaster_TebohoMatla
USDJPY Buy Setup – Breakout Confirmation & Seasonal TailwindTechnical: USDJPY has broken above a downtrend resistance line after finding support at the 61.8% Fibonacci retracement level at 146.95 . This breakout suggests the corrective phase may have ended, signaling potential for further upside. Pullbacks toward 149.70 (a retest of the broken trendline) present an attractive entry opportunity. Upside targets are 152.74 and 157.10 in the short to medium term. The setup is invalidated below 147.97 , with a break below 146.33 negating further bullish expectations. Fundamental: Commercial selling of the Japanese Yen and renewed dollar purchases indicate a shift favoring USD over JPY, supporting the bullish technical outlook. Seasonal: Over the past 25 years , USDJPY has risen 76% of the time between March 25 – April 8 , with an average gain of 1.04% . Trade Idea: Entry: On pullbacks toward 149.70 Stop Loss: 147.97 (or 146.33 for extended risk management) Targets: 152.74 and 157.10 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by Signal_Centre1