Get started

Forex market

bearish reversal sign after entering overbought zone🔔🔔🔔 GBP/USD news: ➡️ The British Pound edged lower below 1.3400 against the U.S. Dollar during Tuesday’s European session, retreating from a fresh three-year high of 1.3445 reached earlier in the day. The decline came as traders grew increasingly confident that the Bank of England (BoE) will cut interest rates at its May policy meeting. This dovish shift is largely driven by weakening UK inflation expectations and rising concerns over global economic stress. Personal opinion: ➡️ The USD is showing good signs of recovery during the day, plus not very positive news from GBP. So GBP/USD will maintain its downward momentum in the coming time ➡️ GBP/USD is showing signs of a recovery after reaching the overbought level ➡️ Analysis based on resistance - support levels combined with EMA and trend lines to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉sell GBP/USD 1.3410 - 1.3400 ❌SL: 1.3460 | ✅TP: 1.3345 - 1.3270 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
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.
by CFI
GBPUSD SHORT FORECAST Q2 W18 D30 Y25GBPUSD SHORT FORECAST Q2 W18 D30 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Daily high rejection ✅Daily imbalance fill targets 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
"EURUSD | FVG + Discount Zone Confluence | Long Setup Brewing"⚡ EURUSD Analysis – 1H Timeframe | April 30, 2025 📊 Price Action Recap: After a sharp decline, EURUSD has stabilized in a classic accumulation range, and now it’s dipping into a juicy confluence zone that screams Smart Money re-entry. 🎯 Key Zones Identified: Fair Value Gap (FVG) Price is currently balancing a recent inefficiency — Smart Money loves to reload here. Discount Zone 50–100% We’re deep in the BUY SIDE real estate. Institutions shop here. Do you? Strong Demand Candles have printed around this zone — with wicks showing absorption of sell pressure. 🧠 Smart Money Logic: Retail: "It’s breaking support… SHORT!" Smart Money: "Perfect discount — let’s BUY what they’re selling." 💸📈 This is how liquidity gets transferred — one trapped seller at a time. 🧩 High-Probability Entry Checklist: ✅ Price inside Discount ✅ FVG touched ✅ Accumulation range forming ✅ Bearish momentum slowing down ✅ Entries aligning with Fibonacci golden pocket 🚀 Trade Idea Setup: Entry: Inside Discount Zone (1.13980 to 1.13750) SL: Just below 1.13750 (the low of the block) TP Zones: TP1: 1.14400 (Recent High) TP2: 1.15000+ (Premium Area near -161.8%) TP3: 1.15740 (Final Exhaustion Point at -400%) 📚 Smart Money Quote: “You don’t buy at value, you buy at imbalance — where retail hesitates, Smart Money executes.” 🔥 📌 Final Take: This is not a guessing game. It’s a blueprint. EURUSD is setting up a possible Low-Risk, High RRR long — IF we follow structure, not emotion. Wait for bullish reaction from the FVG zone and trail up using internal structure shifts. 📈 📸 Save this chart — this is how sniper setups are built. 💬 Comment "BUY THE DIP" if you’re watching this zone too. 📲 Tag your trading buddy who always hesitates at entries. 😂
Long
by ChartNinjas88
2
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. 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!
Long
by SignalProvider
1
USDJPY INTRADAY downtrend continuationThe USDJPY pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 145.60, which represents the current intraday swing low and the falling resistance trendline level. In the short term, an oversold rally from current levels, followed by a bearish rejection at the 145.60 resistance, could lead to a downside move targeting support at 141.00, with further potential declines to 139.50 and 138.40 over a longer timeframe. On the other hand, a confirmed breakout above the 145.60 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 147.90 resistance, with a potential extension to 149.00 levels. Conclusion: Currently, the USDJPY sentiment remains bearish, with the 145.60 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection. 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
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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
US Dollar is taking revenge, time to short EURUSDWeekly chart , price action breaks above 1.121, 4th attempt since the inception at 28 Feb 2022. Day chart tells us profit taking/shortists are in town from the two red candles on 22 and 23 April. It has since gone south , forming lower high. Zooming into the 4H chart, we see a nice bearish candle forming and if it breaks the yellow dotted line, it is likely to revisit 1.131 target. IF you are more conservative, you can set your SL higher (around 1.139). When this trade is halfway active, you can Short once more and set your target further down 1.126. Please make sure to set your SL to breakeven on the first trade before you exercise your 2nd trade to protect your profits. As usual, please DYODD
Short
by dchua1969
GBPJPY bearish move🔹 Pair / TF | GBP/JPY, 1 h → 15 m | | 🔹 Bias | Bearish (selling the break of support) | 1. 📊 Key Levels Level Price Role R1 191.721 Major resistance (green) Broken Support 190.65 (black line) Minor support → now resistance R4 189.828 Next minor support R2 189.355 Next major support 2. 🚨 Trigger Price closes below the 190.65 support (black line) on 1 h, AND 200-hour MA (red) has just been rejected—sellers stepping in. This decisive break flips 190.65 into new resistance. 3. ✅ Confirmation RFI oscillator on 15 m dips below its rising trendline and fails to reclaim it. Momentum is clearly bearish—no divergence or oversold reversal signal. 4. 🎯 Entry & Stops | 🔶 Entry Zone | 0.19060–0.19050 (just below 190.65) | | 🔴 Stop-Loss | 0.19180 (above R1 at 191.72) ≈ 120 pips | Place a Sell-Stop at 0.19055 (mid-zone). Risk: 1–2% of account on ~120-pip SL. 5. 🎯 Profit Targets Target Level Pips RRR T1 R4 189.828 ~82 pips 1 : 0.7 T2 R2 189.355 ~125 pips 1 : 1 Scale out: Exit ½ at T1. Let the rest run to T2. 6. ⚙️ Trade Management Move SL to breakeven once +40 pips in profit. Monitor RFI on 15 m: If RFI spikes above its trendline before T1, close remaining. Adjust if you see large wicks or volume spikes into support zones. 7. 🔑 Rationale Support→Resistance flip at 190.65 gives a logical entry & SL. 200-hour MA rejection confirms sellers overpowering buyers. RFI confirms sustained bearish momentum. High RRR (>1 : 1) ensures edge even with a moderate win-rate. ⚡ Highlight: This is a bank-order-flow style fade—selling the break of minor support after a MA confluence test, riding momentum into larger support zones.
Short
by Delast2
NZDJPY – Sell Limit Setup (Medium-Term Swing)Trade Summary Type: Sell Limit Entry: 85.29 Stop Loss: 86.97 Target: 79.82 Risk/Reward Ratio: ~3.4:1 Duration: Medium-Term Swing Technical View The broader trend remains bearish, with price consistently making lower highs. NZDJPY rejected the downtrend resistance line, confirming continued seller control. Yesterday’s sharp sell-off adds weight to the bearish view, and today’s mild bounce presents an opportunity to sell into strength. Targeting a return to the reaction low at 79.82, last seen in early April. Seasonal Insight From April 29 – May 19, NZDJPY has declined in 57.14% of the past 36 years, with an average drop of 0.99%. This seasonal tendency supports the short bias for the next few weeks. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by Signal_Centre
1
GBPJPY DETAILED TECHNICAL AND FUNDAMENTALSGBPJPY is currently trading around the 191.00 zone, and price action is forming a classic bullish flag pattern on the 4H chart. This follows a strong impulse leg, suggesting a potential continuation to the upside. The consolidation is tight and healthy, showing market participants are preparing for a breakout. My upside target stands at 193.000, which aligns with the descending trendline resistance. From a fundamental perspective, the British Pound remains supported by recent hawkish signals from the Bank of England, which is facing persistent inflation pressures. Meanwhile, the Japanese Yen continues to weaken across the board due to the Bank of Japan’s ultra-loose monetary stance and its defense of yield curve control, which makes it less attractive in a high-interest environment. Technically, this setup aligns with key momentum indicators and market structure. If price breaks above the flag pattern with volume confirmation, we can expect buyers to take control, pushing price toward the 193.000 resistance zone. This level also coincides with a key liquidity area where prior sellers may be trapped. Overall, GBPJPY continues to offer a solid bullish bias in the short term. The pair is fundamentally and technically aligned for a push higher. Breakout traders should monitor closely as the price approaches the upper trendline of the flag. This is one of the most watched JPY pairs right now—momentum is building.
Long
by AndrewsMarket-Mastery
AUDNZD Hits Key Resistance at 1.0787 – A Bearish Move Ahead? AUDNZD Hits Key Resistance at 1.0787 – A Bearish Move Ahead? AUDNZD recently tested a significant resistance zone at 1.0787, an area of historical importance. The price has previously spent time around this level, reinforcing its relevance. Given the ongoing bearish trend, AUDNZD could decline toward 1.0717 and 1.0680 in the coming days. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
2
AUDCHF m15 SellLet the final trade of the day come from AUDCHF. I expect the pair to decline first to 0.52545 and then towards 0.52419 / SL 0,52861. Adjust your risk accordingly and activate the trade. Wishing everyone a profitable day! 📊 Don’t forget — I share these trade ideas daily on my TradingView profile. Follow me there for full analysis and daily setups. 🔔 I post detailed trade ideas and daily market analysis like this every day on my TradingView profile. 👉 Follow me to get notified and read the full breakdowns.
Short
by Nurlan_PT