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AUD/NZD BEARS ARE STRONG HERE|SHORT Hello, Friends! AUD-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.093 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/NZD pair. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
EURGBP awaits BoE rate decisionThe EURGBP remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 0.8640 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 0.8640 would confirm ongoing upside momentum, with potential targets at: 0.8740 – initial resistance 0.8760 – psychological and structural level 0.8785 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 0.8640 would weaken the bullish outlook and suggest deeper downside risk toward: 0.8613 – minor support 0.8576 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the EURGBP holds above 0.8640 A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
CAD/CHF SHORT FROM RESISTANCE Hello, Friends! CAD/CHF pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.579 because the pair is 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. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
DeGRAM | EURGBP is testing the upper boundary of the channel📊 Technical Analysis ● EURGBP confirmed a breakout from both the wedge and prior descending trendline, now holding above 0.8720 and grinding along the rising intraday channel. ● Bullish continuation is supported by a double retest of the wedge top, with 0.8751 as the next upside target in line with the channel resistance. 💡 Fundamental Analysis ● GBP weakened after dovish BoE statement warning of economic stagnation, while the Euro gained from improved German factory orders and hawkish ECB commentary. ✨ Summary Buy above 0.8720; breakout continuation eyes 0.8751. Bull bias void on a 1 h close below 0.8710. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
USDCHF: Bearish Continuation Setup From Reclaimed Supply ZoneGreetings Traders, In today’s analysis of USDCHF, recent price action confirms the presence of bearish institutional order flow. This reinforces our directional bias to the downside, prompting us to focus on strategic selling opportunities. Key Observations on H4: Weekly Bearish Order Block: Price recently tapped into a weekly bearish order block, which triggered a decisive market structure shift to the downside. This confirms the order block's validity as a firm resistance zone. Bearish Fair Value Gap (FVG): Following the market structure shift, price retraced into an H4 FVG. This zone acted as resistance, maintaining bearish momentum. Reclaimed Mitigation Block: After breaking through a previous mitigation block, the area now functions as a reclaimed order block. We expect this to serve as a high-probability resistance zone moving forward. Trading Plan: Entry Strategy: Monitor lower timeframes (M15 and below) for confirmation entries within the reclaimed order block. Target Objective: The current draw on liquidity is the discount-side liquidity pools, which aligns with our bearish bias. As always, remain patient, wait for solid confirmations, and manage your risk with precision. Kind regards, The Architect 🏛️📉
Short
by The_Archi-tect
EURCHF – Pullback & New SetupIn my previous analysis (tagged below), I entered a short position. Price reached Reward 2, then pulled back and took me out at breakeven. This is where you see the power of partial exit — it protects you from losses and keeps your risk low. With this approach, I rarely see a 5% drawdown, but of course, nothing is guaranteed in trading. The market broke my level strongly, and that’s okay. We don’t fight the market — we follow it. Now I’m waiting for a pullback to the broken level, and I’ve also identified another nearby key zone. If I get a valid signal at either level, I’ll enter a buy trade. 🧠 Remember: Trade with the market, not against it. Drop the ego, drop the bias — let price lead.
by ForexCSP
AUDCHF potential LONG positionAUDCHF Analysis (4H / Weekly Confluence) The overall trend remains bullish, following a strong rejection from weekly resistance. This move was supported by a bullish Bat harmonic pattern, which marked a potential reversal point. Price has since been forming an ascending triangle structure, with higher lows consistently pressing against a flat resistance near 0.5265. This pattern often signals accumulation and builds pressure for a breakout. Momentum indicators like RSI also support the bullish bias, as the market compresses under key resistance. I’m watching for a confirmed breakout above 0.5265, ideally followed by a brief retracement into the swap zone, before continuation upward. Target Levels: TP1: 0.5350 TP2: 0.5400 Let’s see how this plays out. Open to feedback and alternate views!
Long
by AmirZary
Pound break despite the MPC meeting is comingWhile a BoE rate cut of 0.25% is widely anticipated today, the market's focus will be on the post-meeting guidance, which could clarify the future path of monetary policy. The decision is influenced by a weakening labor market and a significant government deficit of 51 bln USD. A dovish stance could lead to a faster pace of cuts, dampening the pound. From a technical perspective, the GBPUSD pair has broken above the EMA78, signaling further potential gains. However, it is currently facing resistance at 1.33800. A break above this level could see the pair test the next resistance at 1.3440. Conversely, a failure to hold this level could lead to a fall toward the support at 1.3150. By Van Ha Trinh - Financial Market Strategis at Exness
by WiseLeoTrading
Fundamental Market Analysis for August 7, 2025 USDJPYEvent to watch today: 15:30 EET. USD - Unemployment Claims USDJPY: The yen is benefitting from falling Treasury yields and mounting expectations that the Bank of Japan could move to a token rate hike as early as this autumn. Minutes of the 30-31 July meeting revealed that two board members want tightening on the table should inflation stay above 2 %. In parallel, the Finance Ministry has expanded its FX-intervention envelope to ¥20 trn, signalling a readiness to cap USDJPY below 150. The U-S dollar stays under pressure: weak labour data increases the odds of a September Fed cut, while a scandal over the dismissal of the Bureau of Labor Statistics head fuels doubts about data integrity. The 10-year U-S yield has slid to 3.95 %, narrowing the spread with JGBs and dulling the dollar’s carry appeal. A restraining factor is caution within Japan’s ruling coalition, which warns against rapid tightening given the threat of new U-S tariffs. Even so, the overall risk balance still favours yen strength thanks to potential intervention and the likelihood of a BoJ policy pivot, keeping the pair biased lower. Trade recommendation: SELL 147.550, SL 147.850, TP 146.500
Short
by Fresh-Forexcast2004
GBP/USD - Potential TargetsDear Friends in Trading, How I see it: (A different perspective) ** POC = Institutional Point of Control ** Today is BOE Interest Rate Decision - 25BP cut expected KEYNOTE: Via the grape vine: 95% chance of FED $ rate cut in September. We are already seeing the institutional adjustments in this regard. I will wait for the BOE IR decision to either fail or validate the Break-Out Support If the support is validated, the potential for a bull rally is high. I'm not sure where the pair will find the necessary resistance for a correction. BOE could potentially provide the catalyst we need. I sincerely hope my point of view offers a valued insight Thank you for taking the time study my analysis.
Long
by ANROC