USD/JPY Bulls Charging: Can 144.88 Launch the Next Rally?Hello,
USD/JPY: Bulls Charging Up — Bigger Upside in Sight!
Current View:
USD/JPY bounced strongly from 140.00 and bulls are aiming for a bigger breakout. Momentum is building, and if key support levels hold, we could see much higher prices soon.
🔥 Why We’re Bullish:
Strong rebound from 140.00 support.
Price pushing against the 144.00 resistance and 38.2% Fibonacci retracement.
A break above 144.00 would unlock bigger upside potential.
Fundamentals (U.S. growth + possible BOJ disappointment) favor USD strength.
📈 Bullish Roadmap:
Level Action Next Target
144.00 Breakout and hold needed Move toward 144.881
144.881 (Important) If it holds as support, bullish continuation Rally towards 1M Pivot @ 149.266
149.266 If it holds as support, next move higher Push towards 1Y Pivot @ 152.9069
150.39–152.573 (Caution) 1M resistance zone — watch for possible pullbacks
If cleared: Full bullish extension Aim for Final Target: 155.135
🗓 Events to Watch:
BOJ Policy Meeting → Potential for yen weakness if BOJ disappoints.
U.S. GDP + Non-Farm Payrolls → Could boost USD strength.
⚡ Quick Visual Flow:
➡️ Break above 144.00 ➡️ Hold 144.881 as support ➡️ Target 149.266 ➡️ Break through resistance at 150.39–152.573 ➡️ Target 152.9069 ➡️ Final goal: 155.135
⚠️ Key Cautions:
150.39–152.573 is a major resistance area; expect possible profit-taking or heavy battles here.
If 144.881 fails to hold, short-term pullbacks to 140.00 could reappear — manage stops accordingly.
TL;DR:
✅ Bulls are strong.
✅ Watch 144.00 breakout and 144.881 support hold for bigger upside.
✅ Long-term targets: 149.266 → 152.9069 → 155.135, if major resistance breaks cleanly.
⚡ Stay updated on BOJ and U.S. data for confirmation!
The Support and Resistance outlined in green and red are the respective support/resistance for this pair currently for 1M-1Y timeframes!
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Forex market
USDZAR-BUY strategy 3 hourly chart GANNYesterday I underestimated the downside potential, and now we are below 18.5500 trend line, which does not bode well. However, we have a low RSI and other indicators, and even though pressure seems downward, I think we may have a change to recover to 18.7000 again.
Strategy BUY @ 18.4750-18.5100 and take profit near 18.6875.
AUDJPY: H4, H1 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart!
No description needed!
OANDA:AUDJPY
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USDCAD Bearish Trendline RetestUSDCAD is in an overall bearish trend with the bearish trendline being tested multiple times. Every time price breaks through the trendline it quickly rejects and returns below the trendline. Main analysis was done on the 1 hour timeframe where price is currently trading under the 200 ema. Market Execution sell with SL at previous high.
AUDJPY SELL Overall AUDJPY is currently in a Bearish trend. Price action on the 1hr chart just recently broken a Bullish trendline to the downside. On the lower time frame (3 minute) there was a bearish change of character and break of structure and price is currently below the 200ema. Market execution sell with SL at recent high.
AUDNZD Rejected – CPI & RBA Dovish Bias Pressures AussieKey Resistance Zone: 1.0780 – 1.0800
The pair tested this area twice and failed to break above, forming a clear double-top pattern. This is a bearish signal suggesting buyers are exhausted.
Price Action:
A strong bearish rejection candle followed the second resistance test, aligning with historical resistance and structure. The pair is now showing signs of reversal.
Support Levels to Watch:
🥅 Target 1: 1.0707 – Previous consolidation zone
🥅 Target 2: 1.0677 – Key swing low
📉 Stop Loss: Above 1.0800
Pattern: Rising wedge structure breaking down, signaling downside continuation.
🔍 Fundamental Analysis
🇦🇺 Australia (AUD) – Weakness Potential
RBA’s Dovish Leaning:
RBA Assistant Governor Kent emphasized external FX market risks and cautious positioning on monetary tightening, which dampens rate hike expectations【source: RBA speech】.
Key Data Incoming:
April 30: Quarterly CPI data
Forecasts suggest core inflation might ease, reducing pressure on the RBA to act. If CPI undershoots, it could trigger AUD selling.
AUD also faces pressure from global growth fears and risk-off sentiment.
🇳🇿 New Zealand (NZD) – Relative Strength
While the RBNZ has already started easing, the NZD has shown resilience amid improving trade balance and stable economic performance.
NZ Business Confidence is also due, which could influence near-term NZD moves, but broader positioning supports the Kiwi.
🧠 Sentiment Overview
The risk-reward favors shorts here:
Clear technical rejection
Bearish macro backdrop for AUD
Relative NZD strength
CPI data will be the key catalyst, and positioning ahead of it looks justified given current chart structure.
📝 Conclusion:
AUDNZD looks primed for a downside correction after repeated rejections at a major resistance zone. With dovish RBA commentary and potential soft inflation data ahead, short setups are favored with targets at 1.0707 and 1.0677.
GBPAUD BuyOverall GBPAUD is currently on a Bullish trend overall. Price action on the 1hr chart just recently broken and retested a bearish trendline. On the lower time frame (3 minute) there was a bullish change of character, and price is currently above the 200ema. Market execution buy with SL at recent low.
NZDCAD LONGMarket structure bullish on HTFs 3
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Weekly EMA retest
Daily Rejection at AOi
Previous Structure point Weekly
Around Psychological Level 0.82500
H4 EMA retest
H4 Candlestick rejection
Levels 5.55
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
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AUDJPY bearish move| 🔹 Pair / TF | AUD/JPY, 4 h → Lower Timeframes |
| 🔹 Bias | Bearish (selling potential resistance) |
1. 📊 Key Levels
* Level: 93.317
* Role: Recent Swing High / Potential Resistance
* Level: 93.664
* Role: Higher Potential Resistance (aligned with a moving average)
* Level: ~92.317 (red shaded zone)
* Role: Broken Support – now potential resistance
* Level: ~91.109
* Role: Potential Support
* Level: ~90.011
* Role: Lower Potential Support
2. 🚨 Trigger
* Price is currently within the ~92.317 red shaded zone, which acted as minor support previously.
* There's a confluence with what appears to be a moving average (blue line) acting as dynamic resistance above this zone.
* **A rejection from this zone, confirmed by bearish price action on lower timeframes, would be the trigger.**
3. ✅ Confirmation
* Look for **bearish engulfing patterns or pin bars** forming on lower timeframes (e.g., 1h, 15m) within the ~92.317 zone.
* The Relative Strength Index (RSI) on the lower timeframe chart (shown at the bottom) is currently trending downwards and has broken a minor upward trendline (red line drawn on the RSI). **A continued downward trajectory below the 50 level would add confirmation.**
* **No significant bullish divergence visible on the RSI** that would suggest a reversal.
4. 🎯 Entry & Stops
| 🔶 Entry Zone | ~92.317 – ~92.200 (within the broken support now resistance zone) |
| 🔴 Stop-Loss | Above the recent swing high at 93.317 (potentially around 93.400 - 93.500 to allow for some wiggle room) |
* Place a **Sell Limit or Sell Stop order** within the entry zone, depending on your preferred entry style and confirmation.
* **Risk:** Determine your position size based on your risk tolerance and the calculated stop-loss in pips.
5. 🎯 Profit Targets
| Target | Level | Pips (approximate) | RRR |
| :----- | :-------- | :----------------- | :--------- |
| T1 | S1 ~91.109 | ~120-130 | 1 : 1 or better |
| T2 | S2 ~90.011 | ~220-230 | 1 : 2 or better |
* **Scale out:**
* Consider taking partial profits at T1.
* Let the remaining position run towards T2, potentially adjusting your stop-loss to breakeven or in profit.
6. ⚙️ Trade Management
* Once the trade is in profit (e.g., reaching a certain pip gain or T1), **consider moving your stop-loss to breakeven** to protect your capital.
* **Monitor price action around S1.** If there are strong signs of buying pressure, consider closing the remaining position.
* Pay attention to any potential reversal patterns or significant volume spikes as price approaches your target levels.
7. 🔑 Rationale
* The **break of the previous minor support around ~92.317 suggests a potential shift in momentum from bullish to bearish.**
* The **confluence of this broken support with a dynamic moving average resistance increases the probability of a rejection.**
* The **bearish momentum indicated by the RSI on the lower timeframe supports the short bias.**
* Aiming for the next support levels (S1 and S2) provides logical profit targets based on potential price action.
⚡ Highlight:
This is a **bank-order-flow style fade**, looking to sell at a level that previously acted as support, now likely to act as resistance after a break, with confluence from a moving average. The lower timeframe RSI breakdown adds to the bearish conviction.
NZDCHF at a Turning Point: Bullish Breakout and Risky Setup? NZDCHF at a Turning Point: Bullish Breakout and Risky Setup?
NZDCHF is on the verge of confirming a bullish Inverse head-and-shoulders pattern.
If the price moves above the neckline at 0.4870, the chances of an upward continuation increase, potentially solidifying a new bullish trend.
However, a major risk remains: The Swiss National Bank (SNB) continues to intervene in the Forex market, strengthening the CHF in ways that seem unpredictable.
Their unconventional monetary policy has often benefited Switzerland at the expense of other economies, and these interventions show little regard for market stability.
Should the SNB interfere, NZDCHF could experience a bearish wave, possibly when least expected. This adds a significant risk and uncertainty to this setup.
You may find more details in the chart!
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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!
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EURGBP Short SetupEURGBP Short Setup
4H Chart Trendline Breakdown and Retest
Entry : 0.84944
Stop Loss : 0.86678
Take Profit : 0.83310
RR 1 to 1.9
Market broke below the ascending support and retested the underside of a broken trendline confluence. Bearish pressure is building as price fails to reclaim 0.85396 zone. Clean structure for continuation to the downside.
Price is now respecting lower highs with momentum shifting beneath structure. This setup targets the previous demand zone near 0.833 region where price consolidated before the last impulse up.
As long as price holds below 0.854 zone, bearish bias remains valid.
CAD/JPY Short SetupTechnical Analysis: CAD/JPY has surged to a resistance level around 107.75, which previously acted as a significant barrier. The pair is exhibiting signs of overbought conditions, and a pullback towards 105.50 is plausible. 
• Fundamental Factors: The Bank of Japan (BOJ) is expected to announce a rate hike soon, with markets already pricing in two 25bps increases by the end of 2025. This anticipation strengthens the JPY, potentially leading to a decline in CAD/JPY. 
• Market Sentiment: Recent statements from the U.S. administration suggest plans to impose a 25% tariff on imports from Canada and Mexico. This development could pressure the CAD, particularly against the JPY, as investors seek safe-haven assets. 
AUSSIE bearish move Short-setup: Breakdown of Support (AUD/USD)
Trigger: Price has decisively broken below R3 (0.63888) and the 200-hour MA (red) on the 1h chart.
Confirmation: RFI just dipped below its ascending trendline and failed to reclaim it—momentum is bearish.
Entry: Short at market 0.6385–0.6380 (just below R3).
Initial Stop: Above R1 (0.64395) ≈ 55 pips stop.
Targets:
T1: S1 (0.63436) (~40 pips → RRR ≈ 1 : 0.7)
T2: R4 (0.63308) (~55 pips → RRR ≈ 1 : 1)
⚡ Highlight: This is a bank-order-flow style fade—selling the break of minor support after a test of the 200-hour MA confluence.
🔑 Rationale
Support→Resistance flip at R3 gives logical entry & SL.
200-hour MA rejection confirms sellers overpowering buyers.
RFI confirms sustained bearish momentum.
High RRR (>1:1) ensures edge even with moderate win-rate.
USDCAD Near Key Trendline as Carney Wins ElectionUSDCAD remained relatively calm as Canadian election results began to come in. Mark Carney is projected to win, and the initial reaction was bullish for the Canadian dollar. However, the gains were short-lived, as the victory margin appears narrow.
Canada stands at a pivotal moment in its history. The newly announced tariffs will likely deal a heavy blow to the economy. Markets are cautious, recognizing that a slim majority could complicate budget negotiations and legislative decisions in Parliament. On the other hand, Carney’s background as a former central bank governor could provide economic credibility during a potential slowdown.
Carney stated, "We are over the shock of American betrayal. But we should never forget the lessons." He is expected to pursue damage-control with the U.S. through negotiation, while simultaneously turning toward the EU to boost trade. Although this blow may prove beneficial for Canada in the long run, the coming years could present serious challenges.
From a combined perspective including technical and fundamental side, the bullish trend channel in USDCAD may remain intact for now. The lower boundary of the four-year trend lies around 1.37. As long as this trendline holds, dips may present buying opportunities. For any meaningful upward movement, the 1.3670–1.37 zone must be clearly broken with multiple daily closes above. Until a breakout or breakdown occurs, range-bound and uncertain price action may persist between these levels.
EUR/USD Long Trade SetupThis is a bullish setup on EUR/USD following a clean rejection from a key support zone around 1.13500. Price action shows a breakout from a descending wedge, with a retest confirming support. Entry is taken at 1.138xx with a stop loss just below the structure at 1.13516. Target is set near the 1.1515 resistance zone, offering a solid risk-to-reward ratio.
Key Notes:
• Structure breakout and retest confirmation
• Demand zone aligned with previous lows
• Risk-to-reward greater than 1:3
• Monitoring price action for continuation
This setup aligns with both technical confluence and market structure. Let’s see how it plays out.
AUDUSD SHORT IDEAUnder current market conditions, the area near 0.6398 has been identified as a critical resistance zone, where the AI model detects a high-probability trade setup.
From a technical perspective, a clear directional bias based on recent price action patterns. Suppose the market demonstrates increased volume and price stability above key moving averages in the 0.6398 area. In that case, traders are advised to monitor for trend-continuation entry opportunities in alignment with the prevailing momentum.
Profit targets are defined at 0.6372 and 0.6344, corresponding to logical technical support zones. These levels are designed for staged profit-taking across different trade management styles. Stop-loss should be strictly enforced at the designated level; once breached, the strategy is considered invalidated in order to limit potential downside.