EURCADPair looks to be ready for the drop. way too many bearish signals in sight. Looking to swing to support of 1.58000.
Forex market
EURCAD UPDATEEURCAD has closed as wanted now i want to see some bullish confirmation otherwise i'll sit still and just watch.
GBP/JPY 3H chart pattern...GBP/JPY 3H chart pattern
Buy bias while price stays above the rising trendline
Primary target: 215.80 – 216.00 (marked target point on the chart)
Intermediate resistance: 212.50 – 213.00
Support zone: 209.80 – 210.20
Invalidation: A clear break below 209.50 would weaken the bullish setup
Summary: Trend is bullish on the 3H chart. As long as price holds above trendline support, upside continuation toward 216.00 is expected.
EUR/JPY 2H chart pattern...EUR/JPY 2H chart pattern
Buy / Upside Target: 185.30 – 185.50
Near Resistance: 184.80
Support Zone: 183.40 – 183.60
Trend: Bullish (price is holding above the rising trendline)
Explanation (simple):
Price is respecting the uptrend and bouncing from support. If it holds above 183.50, the next move is likely toward 185.30–185.50 (the marked target point).
USDJPY Retests Broken Resistance — Next Leg Up?The USDJPY ( FX:USDJPY ) has indeed performed as I expected in the previous idea , breaking through the falling wedge pattern and surpassing the anticipated targets, even reaching above the resistance zone(156.960 JPY-156.130 JPY).
Currently, it seems that USDJPY is undergoing a pullback towards the broken resistance zone(156.960 JPY-156.130 JPY) and is potentially entering the Potential Reversal Zone(PRZ) .
From the Elliott Wave perspective, it appears that USDJPY is completing the microwave 4 of the main wave 5. This microwave 4 may find its completion in the Potential Reversal Zone(PRZ) or near key support lines.
I expect that once USDJPY enters the Potential Reversal Zone(PRZ) , it will resume its upward movement, potentially climbing up to around 157.730 JPY. And if the bullish momentum remains strong, we could look forward to even higher targets for USDJPY.
First Target: 157.729 JPY.
Second Target: 158.24 JPY.
Stop Loss(SL): 154.82 JPY.
Points may shift as the market evolves
Please respect each other's ideas and express them politely if you agree or disagree.
📌 U.S. Dollar/Japanese Yen Analyze (USDJPY), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
guys check out openings session 5 mins candles the price turns to like respect this areas especially new york open,you can trade once price breaks the range on either direction
EURUSD Fake Breakout Signals Pullback to 1.1700 SupportHello traders! Here’s my technical outlook on EURUSD (4H) based on the current chart structure. EURUSD is trading within a broader bullish recovery after completing a prolonged corrective phase. Earlier, price broke above a descending resistance line, which marked a clear shift in market structure and signaled that sellers were losing control. This breakout initiated a steady bullish move, supported by a rising support line, confirming higher lows and improving momentum. After the breakout, EURUSD continued to push higher and reached the resistance level around 1.1750, where selling pressure emerged. Price briefly spiked above this level, forming a fake breakout, which indicates weak acceptance at higher prices and potential buyer exhaustion. Following this rejection, the market pulled back toward the previous buyer zone, which now acts as a key support level around 1.1700. This zone aligns with the former breakout area and represents an important demand level. Currently, price is consolidating above support, showing hesitation near the buyer zone, and the reaction here will determine the next short-term direction. A corrective pullback into the support zone remains healthy within the broader bullish structure as long as buyers continue to defend this level. My primary scenario is a short-term correction toward the 1.1700 support level (TP1), followed by a potential bullish reaction from this zone. As long as EURUSD holds above this support, the overall structure remains constructive, and buyers may attempt another move toward the 1.1750 resistance and potentially higher. However, a clear breakdown and acceptance below the buyer zone would weaken the bullish setup and open the door for a deeper retracement toward lower support levels. For now, the focus remains on the 1.1700 area, as this level will define whether the market resumes its upward move or extends the correction. Please share this idea with your friends and click Boost 🚀
GBPUSD Possible US Session. Let’s focus on the GBP/USD pair. Although at the beginning of the week we were looking for sell opportunities, we are now at a very interesting point to look for a pullback, even though everything suggests that the bullish trend remains intact and is likely to continue. Remember that this type of trade should be protected as soon as possible.
Best regards and happy holidays.
USDCAD: mid-term view🛠 Technical Analysis: On the 4-hour (H4) timeframe, USDCAD has undergone a significant bearish correction following a breakdown from its long-term Ascending channel. A "Global bearish signal" was confirmed in early December, leading to a sharp drop that pushed the price below all major moving averages (SMA 50, 100, and 200).
Currently, the pair is trading near the support at 1.37300. The price action suggests a "v-shaped" recovery attempt as the downward momentum slows down near this multi-month low. The analysis anticipates a technical reversal (mean reversion) back toward the previous breakout zone and the SMA 50, SMA 100 cluster, targeting the resistance around 1.39500.
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❗️ Trade Parameters (BUY)
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➡️ Entry Point: Buy only after the price closes above the support of 1.37300 (approx. 1.37340).
🎯 Take Profit: 1.39500 (Resistance).
🔴 Stop Loss: 1.36175 (Below the most recent swing low).
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
JPYUSD 1H Outlook: Reversal Recovery Builds Higher LowsJPYUSD 1H Outlook: Reversal Recovery Builds Higher Lows, Breakout Watch Toward 0.00644–0.00646
Price Action Snapshot (From The Chart)
JPYUSD printed a sharp selloff into a clear capitulation low, then snapped into a recovery leg that is now forming higher lows and higher highs. The market is currently consolidating just under a major horizontal supply band, with price around 0.006416.
This is a classic “reversal continuation” environment:
Bulls want a clean reclaim and hold above the 0.00644 ceiling to unlock the next upside pocket.
Bears need price to fail under supply and break the newest higher-low structure to trigger a pullback.
Key Support And Resistance Levels
Resistance Zones
0.00644–0.006445: primary supply / breakout line (the long green band)
0.00646–0.00648: next upside liquidity zone (prior ceiling area)
0.00650–0.00652: extension target if momentum expands (upper range)
Support Zones
0.00640: first demand on pullback (intraday pivot)
0.00638–0.006365: structure support (important for keeping higher lows intact)
0.00635–0.006335: reversal base (bullish thesis weakens significantly below this area)
Trendline Read (Simple, High-Accuracy Filter)
The recent swing structure is already drawing a rising path (higher lows). You can connect the last two higher lows to build an intraday trendline:
Bullish continuation while price respects the trendline and holds above 0.00638–0.006365.
Correction risk if the trendline breaks and price fails to reclaim it on a retest.
Fibonacci Confluence (Best Dip Zones In This Structure)
Pull Fibonacci from the reversal swing low (the capitulation base) to the current swing high near the supply band:
0.236 retracement often aligns near 0.00640 (first buyable dip in strong recoveries)
0.382–0.5 retracement aligns around 0.00638 → 0.006365 (higher-probability dip zone)
0.618 retracement pushes into 0.00635–0.006335 (last defense before structure turns fragile)
Translation: if price rejects supply, the market has logical “reload zones” for bulls at 0.00640 and especially 0.00638–0.006365.
EMA + RSI (How To Confirm The Next Move)
EMA
In a healthy 1H recovery, price tends to hold above EMA20 and uses it as dynamic support.
If a pullback taps EMA20/EMA50 and then prints a bullish close, continuation probability increases.
RSI
A reversal continuation usually keeps RSI above 50 on pullbacks.
Watch for bearish divergence into 0.00644–0.00648: it often signals a rejection or slower grind up.
Trade Plans (Intraday, Rule-Based)
Plan A: Breakout And Retest Long (Primary Setup)
Trigger: 1H close above 0.00644, then retest holds (no immediate dump back below).
Entry zone: 0.00644 → 0.00643 after confirmation.
Invalidation: sustained trading back below 0.00640.
Targets:
TP1: 0.00646
TP2: 0.00648
TP3: 0.00650–0.00652
This is the clean “acceptance above supply” play.
Plan B: Rejection Short From Supply (If The Ceiling Holds)
Trigger: strong wick rejection / lower high under 0.00644–0.006445.
Entry idea: short only after bearish confirmation (lower high + bearish close).
Invalidation: acceptance above 0.00646.
Targets:
TP1: 0.00640
TP2: 0.00638–0.006365
TP3: 0.00635–0.006335
This matches the common stop-run behavior: tap supply, fail, then mean-revert to structure support.
Plan C: Buy The Dip (Best R:R If Pullback Happens)
Entry zone: 0.00638 → 0.006365 (Fib cluster + structure support).
Invalidation: below 0.00635 (breaks the reversal base).
Targets:
TP1: 0.00644
TP2: 0.00648
TP3: 0.00650+
This is the “patient trader” plan: let the market come to your level.
Summary Bias
Bullish reversal continuation while price holds above 0.00638–0.006365.
The key decision ceiling is 0.00644: acceptance above it opens 0.00646–0.00648 and potentially 0.00650–0.00652.
If supply rejects price, expect pullback targets at 0.00640 then 0.00638–0.006365.
Risk note: This is educational market analysis, not financial advice. Always size positions appropriately and define invalidation before entry.
GBPUSD 1H Trade Plan: Trendline Continuation After BreakoutGBPUSD 1H Trade Plan: Trendline Continuation After Breakout, Key Support 1.3500–1.3475, Target 1.3577
Market Context (1H)
GBPUSD has completed a clean transition from range to trend. After breaking above the prior consolidation band, price accelerated and is now respecting a rising trendline with consistent higher highs and higher lows. The current pause around 1.3520 looks like a typical post-breakout consolidation, not a reversal yet.
Intraday bias stays bullish while price holds above the breakout pivot and the trendline.
Key Support And Resistance Levels
Resistance (where profit-taking and reactions are likely)
1.3530–1.3540: near-term supply / micro ceiling (first reaction zone)
1.3550–1.3560: intermediate target (common stall area)
1.3577: main upside objective shown on the chart (liquidity magnet / extension target)
Support (where buyers should defend if the trend is healthy)
1.3508–1.3500: breakout retest zone + psychological level (primary buy-the-dip area)
1.3485–1.3475: deeper support and structure line (trend failure risk below here)
1.3385–1.3370: former range base (only relevant if a full reversal develops)
Trendline + Price Action Read (The Core Setup)
The trendline is the intraday “bias switch”:
Bullish continuation: price pulls back into the trendline / 1.3500 region, prints rejection (wick + close back above), then resumes the move higher.
Correction signal: 1H close below the trendline, followed by a failed reclaim (retest from below).
This market is still in “trend mode” as long as the pullbacks remain shallow and defended.
Fibonacci Confluence (Highest-Probability Dip Zones)
Use Fibonacci from the most recent impulsive leg (breakout swing low → current swing high around 1.352x–1.353x):
0.236 retracement: typically lines up near 1.3508 (first buyable pullback in strong trends)
0.382–0.50 retracement: around 1.3495–1.3480 (higher-quality entry if price dips deeper)
0.618 retracement: near 1.3475 (last defense before structure starts breaking)
This aligns with your chart’s risk box: 1.3475 is the key invalidation area.
EMA And RSI Filters (Confirmation Only)
EMA (trend health)
In a strong 1H trend, price tends to hold above EMA20, and deeper pullbacks often find support near EMA50.
If EMA20 stays above EMA50 and price keeps reclaiming those levels after pullbacks, continuation odds remain favorable.
RSI (momentum quality)
Bull continuation is usually supported if RSI holds above 50 during pullbacks.
If you see bearish divergence while price pushes 1.3550–1.3577, consider taking partial profit faster or tightening risk.
Trade Strategies For Today
Strategy A: Buy The Retest (Primary, Higher Probability)
Entry zone: 1.3510 → 1.3500 (trendline + breakout retest confluence)
Invalidation: below 1.3475 (structure failure)
Targets:
TP1: 1.3535
TP2: 1.3555
TP3: 1.3577
Execution rule: wait for a clear rejection (bullish close or strong wick reaction) at the zone to avoid buying into a stop-sweep.
Strategy B: Break And Hold Continuation (Aggressive)
Trigger: 1H acceptance above 1.3535–1.3540 (no immediate dump back below)
Entry idea: buy the pullback into 1.3530–1.3525 after confirmation
Invalidation: below 1.3508
Targets: 1.3555 → 1.3577
This works best when volatility expands and the market behaves like a trend day.
Strategy C: Breakdown Retest Short (Only If Bulls Fail)
Trigger: 1H close below 1.3475 + failed reclaim
Entry idea: sell the retest of 1.3475–1.3485 from below
Invalidation: back above 1.3500
Targets: 1.3420 → 1.3385
This is the contingency plan, not the main bias.
Summary
Bullish while above 1.3500, with continuation favored as long as the trendline holds.
1.3475 is the line in the sand for the current bullish structure.
Upside focus remains 1.3550 → 1.3577 if buyers keep defending pullbacks.
EURUSD 1H Outlook: Rising Channel Into Major Supply EURUSD 1H Outlook: Rising Channel Into Major Supply (1.1800) – Breakout Or Rejection Day?
Price Action Read (Based On The Chart)
EURUSD has shifted from a prior bearish phase into a clean intraday recovery, forming a rising channel (bullish progression of higher highs and higher lows). Price is now pressing into a clearly-marked supply / resistance band around 1.1800, where sellers previously defended hard.
This is a classic “decision zone” setup:
Hold above 1.1800 and the market can extend the channel toward the next liquidity pocket.
Fail at 1.1800 and we often see a fast mean-reversion move back into the mid or lower channel.
Current price on the chart is ~1.1797, meaning you are trading right at the gate.
Key Levels To Watch Today (Support And Resistance)
Resistance (where rejection is likely)
1.1800–1.1806: primary supply zone (the chart’s highlighted ceiling).
1.1820–1.1830: first breakout objective (upper channel extension).
1.1840–1.1850: next upside liquidity area if 1.1800 holds as support.
Support (buy-the-dip zones in an up-channel)
1.1780–1.1772: near-term intraday pivot (often the first retest area after a fakeout).
1.1758–1.1748: mid-channel support cluster (better R:R dip if momentum cools).
1.1715–1.1705: major floor from the prior base (bullish structure invalidation if lost).
Fibonacci Confluence (How To Map It For This Move)
Anchor Fibonacci from the channel swing low (near the start of the rally) to the current swing high near 1.1800:
0.382 retracement typically aligns around 1.1765–1.1770
0.5 retracement around 1.1755
0.618 retracement around 1.1743–1.1748
Why this matters: if price rejects 1.1800, these Fib zones become the most logical “dip-buy” locations as long as the channel structure stays intact.
Trendline + Channel Logic (The Cleanest Intraday Filter)
As long as price respects the rising channel support, the bias stays buy-the-dip.
A 1H close below the channel, followed by a failed reclaim, is the first warning that the bullish leg is ending and a deeper pullback is starting.
EMA And RSI Confirmation (Use As A Trigger, Not A Prediction)
EMA
In strong 1H trends, price tends to hold above EMA20/EMA50 (dynamic support).
If the EMAs are stacked bullish (EMA20 above EMA50), pullbacks into them often offer higher-quality long entries.
RSI
Bull continuation is usually supported when RSI holds above 50 on pullbacks.
Watch for bearish divergence at 1.1800–1.1830: it often signals a rejection swing back into support.
High-Probability Trade Plans For Today
Plan A: Breakout And Retest Long (Continuation Setup)
Trigger: 1H close above 1.1800–1.1806, then a retest that holds.
Entry idea: buy the retest of 1.1800 after confirmation.
Invalidation: back below 1.1780 on a closing basis (failed breakout behavior).
Targets:
TP1: 1.1820–1.1830
TP2: 1.1840–1.1850
Best condition: breakout candle with clean body, followed by a controlled pullback (no deep dump).
Plan B: Rejection Short At Supply (Mean Reversion Setup)
Trigger: wick rejection / failure to hold above 1.1800–1.1806.
Entry idea: sell only after the market shows weakness (lower high / bearish close from supply).
Invalidation: clean acceptance above 1.1810–1.1815 (buyers in control).
Targets:
TP1: 1.1780–1.1772
TP2: 1.1765–1.1755 (Fib 0.382–0.5 area)
TP3: 1.1748 (deeper pullback level)
This matches the “push up then drop” path drawn on your chart: liquidity grab into supply, then unwind.
Plan C: Pullback Long Into Fib Support (Safer Dip-Buy)
Trigger: rejection happens, but price holds structure and reclaims support zones.
Entry zone: 1.1765 → 1.1748 (Fib cluster + channel support).
Invalidation: below 1.1715–1.1705 (structure breaks).
Targets:
TP1: 1.1800
TP2: 1.1830
TP3: 1.1850
Intraday Bias Summary
Neutral-to-bullish while inside the rising channel, but 1.1800 is the key decision wall.
A confirmed hold above 1.1800 opens 1.1830 → 1.1850.
A rejection from 1.1800 favors a pullback toward 1.1780 → 1.1765 → 1.1748.
Risk note: This analysis is for educational purposes, not financial advice. Always use a defined invalidation level and position sizing that fits your risk model.
If you want the cleanest execution today, focus on how price behaves at 1.1800 and save this plan to compare with the 1H closes. Follow for the next update when the breakout or rejection confirms.
GBP/USD Santa Rally: Testing the 1.3500 Psychological LevelThe GBP/USD pair is currently showing strong bullish momentum as we head into the year-end. After the Bank of England's recent decision to cut rates to 3.75% (in a divided 5-4 vote), the British Pound has remained surprisingly resilient. This is largely due to the "reluctant easing" stance of the BoE and a broadly softening US Dollar.
🔍 Technical Analysis
On the daily and 4-hour timeframes, we are seeing a clear Bullish Structure:
Trend: Price is currently trading in an ascending channel, making higher highs and higher lows.
Key Resistance: 1.3518 (recent high) and the psychological 1.3550 zone.
Key Support: 1.3450 (former resistance turned support) and 1.3370.
Indicators: The RSI is oscillating above the 60 level, suggesting buying momentum is still in control but approaching overbought territory.
💡 The Trade Plan
I am looking for a continuation of this "Santa Rally" provided the price holds above the mid-1.3400s.
Long Bias: Looking for entries on a successful retest of the 1.3470 area.
Targets: First target at 1.3520, with an extended target near 1.3580.
Invalidation: A daily close below 1.3370 would shift the bias to neutral/bearish.
⚠️ Risk Warning
Liquidity is lower due to the holiday season, which can lead to "spikes" or stop-hunts. Trade with caution and use proper position sizing!
GBPUSD D1Market Structure
The broader structure is range → corrective → recovery.
A clear CHOCH (Change of Character) occurred in November, followed by a BOS (Break of Structure) from the lows → signaling a bullish correction inside a larger range.
Price is now trading above the descending channel, confirming short- to medium-term bullish control.
Key Levels
Immediate resistance:
1.3518 – 1.3650 (0.786 – 0.90 Fib / major supply)
Intermediate resistance:
1.3450 (0.618 Fib – current reaction zone)
Support:
1.3350 – 1.3300
1.3050 – 1.3000 (major demand / swing low)
Price Action
Strong impulsive bullish move from the November low.
Current candles show slowing momentum near 0.5–0.618 Fib, suggesting either:
a final push higher, or
a distribution phase before a deeper pullback.
Liquidity is resting above 1.360 – 1.365, while sell-side liquidity remains below 1.330.
Trading Scenarios
GBPUSDThe price is in a corrective channel and can move downwards to the specified targets as long as it does not break the price ceiling.
CHFJPY Will Move Lower! Sell!
Here is our detailed technical review for CHFJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 198.026.
The above observations make me that the market will inevitably achieve 196.023 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZD/JPY SHORT FROM RESISTANCE
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 90.059 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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/USD Bullish Structure with Higher Highs and Support ValidatiThis 1-hour GBP/USD chart illustrates a clear bullish market structure. Price previously formed a swing high followed by a corrective move into a swing low, respecting key Fibonacci retracement levels. The market then held above the last low support zone, confirming strong buyer interest.
After consolidation, price impulsively moved upward, breaking structure and forming higher highs, which signals continuation strength. The marked resistance zone near the recent high is acting as a short-term reaction area, where a brief pullback or consolidation is expected.
The projected price path suggests a bullish continuation, with potential shallow retracements before the next impulsive move higher. As long as price remains above the highlighted last low demand zone, the bullish bias remains valid.
Overall, this chart represents a healthy uptrend, supported by strong structure, validated demand, and bullish momentum
USD/CHF Falls to a Three-Month LowUSD/CHF Falls to a Three-Month Low
As shown on today’s USD/CHF chart, the US dollar has dropped against the Swiss franc to its lowest level in three months.
In December, the pair has declined by around 1.9%. This move reflects not only US dollar weakness—driven by expectations of further Federal Reserve rate cuts in 2026—but also the strength of the franc, whose appeal has been reinforced by recent news:
→ In December, the Swiss National Bank left its key interest rate unchanged at zero and commented that the reduction in US tariffs on Swiss goods has improved Switzerland’s economic outlook.
→ Rising geopolitical tensions, including developments near the Venezuelan coast.
Technical Analysis of USD/CHF
During November and December, price fluctuations formed a descending channel, with central bank decisions acting as the main catalyst for the decline.
Today’s setup is notable in that:
→ the price is trading close to the lower boundary of the channel;
→ the RSI indicator is showing a bullish divergence.
It is worth noting that the 0.7880 level acted as support in October and November. The current dip may therefore turn out to be a bear trap, referred to in Smart Money Concepts terminology as a liquidity grab.
From this perspective, USD/CHF could stage a corrective rebound towards the channel’s median, in which case a retest of former support around 0.7925 cannot be ruled out.
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.
Market Analysis: USD/CHF Slips Further Under PressureMarket Analysis: USD/CHF Slips Further Under Pressure
USD/CHF declined further and is now struggling below 0.7900.
Important Takeaways for USD/CHF Analysis Today
- USD/CHF declined below the 0.7920 and 0.7900 support levels.
- There is a key bearish trend line forming with resistance near 0.7905 on the hourly chart.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF, the pair started a fresh decline from well above 0.7950. The US Dollar dropped below 0.7900 to move into a negative zone against the Swiss Franc.
The bears pushed the pair below the 50-hour simple moving average and 0.7880. Finally, the bulls appeared near 0.7860. A low was formed near 0.7861, and the pair is now consolidating losses below the 23.6% Fib retracement level of the downward move from the 0.7987 swing high to the 0.7861 low.
On the upside, the pair could face bears near 0.7890. The first major resistance sits near the 50-hour simple moving average at 0.7905. The main barrier for an upside break could be near a bearish trend line at 0.7925 and the 50% Fib retracement.
A daily close above 0.7925 could start a fresh increase. In the stated case, the pair could rise toward 0.7955. The next stop for the bulls might be 0.7985.
On the downside, immediate support on the USD/CHF chart is 0.7860. The first major breakdown zone could be 0.7840. A close below 0.7840 might send the pair to 0.7800. Any more losses may possibly open the doors for a move toward 0.7760 in the coming days.
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.
Market view on 24/12/25Like I will always say
Trade what you see n not what u want
Market structure is key
