Market Overview: Major Currency Pairs - Week 9/2025(February 24,Market Overview: Major Currency Pairs - Week 9/2025(February 24, 2025 - March 3, 2025)
📉 USDCAD
🔗 Link to chart:
📊 Active Price Range: 1.429 - 1.404
📉 Main Trend: Swing SELL D1
⚙️ Setup: Sell H1-D1, waiting for trading signals from Rainbow Sniper
💴 USDJPY
🔗 Link to chart: TradingView
📌 Current Status: USDJPY is in a SELL trend. The SELL signal has been active for multiple weeks, and the downtrend remains strong. If no position has been taken, any new trades should only be short-term scalping due to increased sensitivity to losses from price corrections.
📊 Active Price Range: 151-152 - 142
📉 Main Trend: Swing SELL W
⚙️ Setup: SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💵 USDCHF
🔗 Link to chart: TradingView
📊 Active Price Range: 0.8899 - 0.9589
📈 Main Trend: BUY
⚙️ Setup: BUY H1-D1, waiting for trading signals from Rainbow Sniper
💷 GBPUSD
🔗 Link to chart: TradingView
📌 Current Status: GBPUSD was in a corrective upward movement last week on D1 but has not yet confirmed a SELL on D1 based on Rainbow Sniper. This week, GBP is expected to continue its upward move on D1 before looking for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💶 EURUSD
🔗 Link to chart: TradingView
📌 Current Status: Similar to GBP, but the BUY momentum is weaker than GBP. The pair is still in a corrective BUY phase on D1, which was not completed last week and is expected to continue this week before waiting for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇦🇺 AUDUSD
🔗 Link to chart: TradingView
⚙️ Setup: Scalping SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇳🇿 NZDUSD
🔗 Link to chart: TradingView
📌 Current Status: NZD and AUD have some remaining BUY momentum, but NZD has enough tolerance to execute the BUY movement before transitioning to a SELL setup.
⚙️ Setup:
🔼 Scalping BUY H1-D1
🔽 Scalping SELL H1-D1 (after completing the BUY phase)
