Forex market
DeGRAM | EURGBP exited the channel📊 Technical Analysis
● Fresh rejection at the blue resistance line (~3 435) pushed XAU back to the 3 355 mid-band, yet successive higher-lows (green arrows) keep price inside the May-origin rising channel.
● The pullback is probing 3 328-3 355 — confluence of the former flag roof and triangle top; holding this zone should launch another test of 3 400/3 435, with the channel crest targeting 3 500.
💡 Fundamental Analysis
● U-S S&P-Global PMIs softened, nudging 2-yr real yields to three-week lows, while cautious ECB rhetoric limits dollar gains — both supportive for gold.
✨ Summary
Long 3 328-3 355; above that aims 3 400 ➜ 3 435, stretch 3 500. Invalidate on an H4 close below 3 293.
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GBPAUD breakdown targets 2.00GBPAUD broke below key triangle support, confirming a bearish pattern with a target near 2.00. A failed retest strengthens the case for further downside. Bounces toward 2.06 may face selling pressure. Reward-to-risk remains attractive around 2.55x.
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GBP/JPY - Classic Breakout Trap in PlayPrice nuked below range lows to sweep sell-side liquidity, trapping breakout sellers.
Smart money scooped it up. Entry reclaimed — now eyeing buy-side liquidity above 🎯
This is how the game is played:
1️⃣ Liquidity grab
2️⃣ Breakout trap
3️⃣ Reclaim & reverse
4️⃣ Target resting orders up top 🚀
📈 GBP/JPY – Classic Breakout Trap in Play 🧠💥
GBPUSD | Bullish Reversal Setup GBPUSD | Bullish Reversal Setup
Price tapped into previous demand zone after forming a clear BOS (Break of Structure). Anticipating a bullish move towards 1.36800.
Entry at key support with a clean RR. Watching closely for momentum confirmation.
#GBPUSD #SmartMoney #ForexTrading #PriceAction #EranseCapital
GBP/NZD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are going long on the GBP/NZD with the target of 2.262 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCHF sellUSD/CHF is currently in a downtrend, with the US Dollar exhibiting weakness throughout the year. From a technical standpoint, the pair appears poised for further decline, given the formation of a bearish flag. If considering this trade, it's essential to prioritize risk management or look for a potential retest of the flag's resistance level (or the apex of an ascending wedge, if applicable) before entering a short position.
EUR/USD – 1H Timeframe – Bearish Setup- Fibonacci levelsWe’re closely monitoring EUR/USD on the 1-hour chart.
🔻 Trend: Bearish
📉 Price action is clearly forming a series of Lower Highs (LH) and Lower Lows (LL) — a textbook downtrend.
🔎 Divergence: None observed, confirming trend strength.
📊 Current Action: Market is in a retracement phase.
We’ve used Fibonacci retracement, and price has now reached the 38.2% level, a key reversal zone. Based on this, we’ve entered a market sell position.
📌 Trade Setup:
🔹 Entry: Instant Sell @ 1.17302
🔹 Stop Loss: 1.17633
🔹 Take Profit 1: 1.17025
🔹 Take Profit 2: 1.16754
🔹 Risk/Reward: 1:1 and 1:2
🔹 Lot Size: 0.38
🔹 Risk: $200
🔹 Reward: $200 (TP1), $400 (TP2)
⚠️ Bias: Bearish
📍 This trade setup follows strict risk management principles and is based on solid technical confluence.
📈 Let’s see how the price reacts at the key Fib level. Always trade responsibly.
#EURUSD #ForexTrading #BearishSetup #FibonacciTrading #RiskManagement #PriceAction #TradingViewIdeas
EURUSD: Long Signal with Entry/SL/TP
EURUSD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURUSD
Entry - 1.1724
Stop - 1.1714
Take - 1.1743
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/JPY Bearish Setup Activated - Short from 148.00 Zone!💙 USD/JPY Resistance Rejection ! SELL Setup Activated!
👩💻 Dear traders,
USD/JPY is reacting to a strong supply zone between 147.85 – 148.15. After a sharp bullish move, price is showing early signs of rejection from this area — signaling a possible short setup.
Bias – Bearish
🎯 Target – 147.20
🎯 Target – 146.90
🎯 Final Target – 146.30
🛑 Safe Stop Loss – 148.20
📊 Reasoning:
– Price tapped into a clear resistance zone
– Previous rejections seen around the same level
– Two yellow arrows indicate short-term downside path
– Bearish setup forming after exhaustion push
– High R:R potential for intraday traders
🍀 Stay patient, wait for confirmation, and trade the reaction!
GBP/CAD BUYERS WILL DOMINATE THE MARKET|LONG
GBP/CAD SIGNAL
Trade Direction: long
Entry Level: 1.841
Target Level: 1.843
Stop Loss: 1.840
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBP/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 195.717 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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