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GBPCAD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis. Based on our assessment, the price is expected to return to the monthly level. DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Long
by Derry_Trades
1
NZDUSD to find sellers at current market price?NZDUSD - 24h expiry The bearish engulfing candle on the weekly chart is negative for sentiment. Daily signals are mildly bearish. 20 1day EMA is at 0.5956. Offers ample risk/reward to sell at the market. The sequence for trading is lower lows and highs. We look to Sell at 0.5959 (stop at 0.5984) Our profit targets will be 0.5885 and 0.5875 Resistance: 0.5967 / 0.5986 / 0.6000 Support: 0.5943 / 0.5920 / 0.5900 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDJPY Possible Continuation Spotted a CHoCH (Change of Character) on the lower timeframe, confirming a BEARISH market structure shift as price broke the last low. 🟢 SUPPLY Zone has formed above — likely holding unfulfilled sell orders. 🔁 I’m watching for a retracement into this supply zone to enter a sell (short) position at a premium price, in line with the momentum. 🎯 Target: Next low below, where buying pressure may reappear. 🛑 Stop Loss: Just above the Supply Zone — if broken, the setup is invalidated. ✅ Quick Summary: • CHoCH confirms trend change • Supply Zone is key for entries • Entry on pullback, SL above, TP at demand below
Short
by AFOKE
Bearish reversal off pullback resistance?NZD/JPY is rising towards the pivot, which acts as a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse to the 1st support. Pivot: 87.98 1st Support: 87.24 1st Resistance: 88.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish rise?NZD/CAD has bounced off the pivot and could rise to the 1st resistance. Pivot: 0.81602 1st Support: 0.81199 1st Resistance:0.82167 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce offNZD/CHF is falling towards the pivot which acts as a pullback support that lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance, which has been identified as a swing high resistance. Pivot: 0.47860 1st Support: 0.47551 1st Resistance: 0.48190 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
EURUSD | Eyes on the 50EMA — One Bold Candle and I’m All InThe 1-hour chart has carved a beautiful bullish range from 1.1565 to 1.1696. A little 15-minute pullback tried to test our love, but I’ve got all the signs — the retracement is over, and the ride is calling again. WHAT TO DO Just one confident Marubozu closing above the 50EMA, and I’m jumping in — no hesitation, no second thoughts. Let’s ride this story back to the top. TP1: 1.1696 (where the heart first skipped) TP2: 1.1716 (where dreams begin) SL: If that candle speaks loud and clear, my stop loss will be just below it — because love deserves a little risk, but never recklessness. WHAT IF IT WONT CROSS? This is day trading setup. While watching 15m candle to bear below 50EMA also I glance 1hr chart. This setup will be valid as long as 1hr chart is still in bearing range. Wish me luck — this might just be the ride of the day! 💞📈
Long
by tanzaniaforexsignalstanzania
Bearish drop?USD/ZAR has reacted off the pivot and could drop to the 1st support which acts as a multi-swing low support. Pivot: 17.8949 1st Support: 17.4852 1st Resistance: 18.0406 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
GBPUSD Technical Breakdown – High-Probability Rejection Play📉 GBPUSD Technical Breakdown – High-Probability Rejection Play 🔥 Clean Structure | Strong Confluences | Smart Money Insight This GBPUSD setup is a textbook example of price action meeting institutional behavior. 🧠 Key Observations: • Break of Structure (BOS) identified multiple times confirming clear trend shifts. • Price tapped into a well-defined resistance zone and showed an aggressive rejection, validating seller presence. • Liquidity grab from the highs led to an immediate drop, marking the start of bearish momentum. 🎯 Target Zones: • First TP: 1.33009 • Second TP: 1.32375 • Final Target: 1.31443 (aligned with major support zone and BOS retest) 🛡 Why This Setup Matters: • Strong rejection from premium zone • BOS confirms direction • Volume and structure align for high RR potential • Clean imbalance fill expectations ✅ Plan: Sell from rejection zone with SL above the wick high. Trail stops as price approaches each target.
Short
by Mentor_Michael03
EUR/USD Bullish Outlook – Why the Euro Could Strengthen📈 EUR/USD Bullish Outlook – Why the Euro Could Strengthen EUR/USD is showing signs of a potential rebound, supported by both technical setups and shifting fundamentals. 1. Dovish Fed Expectations: Markets are increasingly pricing in Fed rate cuts as U.S. inflation cools and economic growth shows signs of slowing. A more dovish Fed stance puts downward pressure on the dollar, offering support to the euro. 2. ECB Less Dovish Than Expected: While the ECB has started easing, recent comments suggest a cautious approach to further cuts. If inflation remains sticky in the Eurozone, the ECB could pause or slow future rate reductions, which would support EUR. 3. Technical Support & Reversal Patterns: EUR/USD has bounced off strong support forming a bullish reversal pattern (e.g. double bottom / bullish engulfing candle). Momentum indicators like RSI and MACD are turning upward, signaling potential continuation of the move. 4. Improving Eurozone Data: Recent Eurozone data has surprised to the upside, especially in manufacturing and services PMIs. If this trend continues, confidence in the euro could rise. 📌 Conclusion: With growing expectations for a Fed pivot and signs of stabilization in the Eurozone economy, EUR/USD could push higher.
Long
by MrYounity
EUR/USD Fibonacci Resistance TestEUR/USD has put in a fast reversal over the past week following the 1.1400 test ahead of the NFP report on Friday. But the true test of trend is what happens in the counter-trend backdrops, so the question now is whether EUR/USD bulls can push through a key area of resistance that's come back into play. At 1.1686 is the 76.4% retracement of the 2021-2022 major move. I've looked at that setup a few times in these pieces, and notably that Fibonacci sequence has shown a number of inflections and turns. Back in 2023, the 61.8% marker caught the highs. Last year, for a large portion of the year, the 38.2 and 50% levels marked a range. And then earlier this year, as parity calls were aplenty around EUR/USD, it was the 23.6% retracement that came into play in January to hold the low, with a higher-low and February which led to a strong reversal in March. So much for parity, eh? Well since then the Fibonacci retracement has continued to illustrate interest and most recently it's been the 78.6% and 76.4% retracements. The high for today so far is right at that 76.4% marker and while bears haven't exactly taken control yet, given the support test in the US Dollar, there appears to be open framework for at least a pullback, and if that can show, perhaps there could be more. For USD-weakness I still think Cable (GBP/USD) is a more attractive vehicle but for EUR/USD, bears need to drive through 1.1560-1.1593 to illustrate greater control. Along the way there's shorter-term supports at 1.1663 and 1.1632. - js
by FOREXcom
GBP/USD Rate Cut Rally - Ascending Triangle BreakGBP/USD has been an attractive pair for USD-weakness scenarios and that continued through this morning's Bank of England rate cut, which propelled the pair through resistance in an ascending triangle formation. The challenge now is working with a move that's become quite stretched since the support test at 1.3145 last week. This isn't to say that it can't continue, especially if we see USD bears continuing to push, but that 1.3500 level sitting overhead is an imposing spot of longer-term support/resistance. For continuation, there's an area of support potential as taken from prior support-turned-resistance that remains of interest, and that's at 1.3380. Below that, we have the resistance side of the ascending triangle down around 1.3316, and a failure from buyers to hold that will given the appearance of failure and possible reversals. In that event I think there could be more attractive venues for USD-strength. - js
by FOREXcom