EURNZD expected higher fall for new week
OANDA:EURNZD strong bearish candle on 9.April, bearish momentum, price is break and crucial zone there, in last periods we are have three times bounce on now strong zone.
For new week here stilll expecting to see bearishnes
SUP zone: 1.91550
RES zone: 1.87600, 1.86000
Forex market
GBPUSD BUY IDEAI see a push to the down side in order to create the head then i push up to create the neck formation which is also a resistance. price will then push back down to the 1.33444 area, to create a shoulders. we should then start to see the formation of an upside down head and soulders pattern at the 1.32600 area , followed by a nice push up tp the green line.
EURUSD Will Go Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.137.
Considering the today's price action, probabilities will be high to see a movement to 1.129.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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EUR/GBP Breakout and Fibonacci Retest: Bullish Setup in PlayEUR/GBP has broken its strong weekly bearish trendline and the last lower high. The previously observed bullish divergence was hinting at this bullish momentum. Currently, the pair is testing the golden ratio of the Fibonacci retracement. A buy position can be considered at this level, targeting the recent highs.
NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
NZD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H 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 0.488 area.
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USDJPY: Bullish Continuation Confirmed?! 🇺🇸🇯🇵
USDJPY looks bullish after a test of a recently broken resistance.
The price formed a bullish imbalance candle on an hourly time frame
after its test and violated a resistance line of a bullish flag pattern then.
I believe that the pair will continue growing.
Goal - 145.8
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GBPUSDGBP/USD Interest Rate Differential and Trade Directional Bias for May 2025
Bank of England (BoE): Expected to cut rates by 25 bps to 4.25% on May 8, with further cuts forecasted (Barclays: 3.5% by September; Morgan Stanley: 2.75% by mid-2026).
Federal Reserve (Fed): Maintained rates at 4.25–4.50% in March 2025, projecting two cuts (50 bps total) in 2025.
Current Differential: ~0.75–1.00 percentage points in favor of the USD, widening as BoE eases faster than the Fed.
Trade Directional Bias
Short-Term Outlook (May): Bearish for GBP/USD due to BoE’s dovish trajectory vs. Fed’s cautious stance.
Key Upcoming Fundamental Data (May 2025)
Date Event Expected Impact on GBP/USD
May 2 US NFP (April) Weak data (<130K jobs) could pressure USD, boosting GBP. Strong data (>150K) may delay Fed cuts, strengthening USD.
May 8 BoE Rate Decision A 25 bps cut (priced in) may cause GBP selling; hawkish hold unlikely but would spike GBP.
May 15 UK CPI (April) Services inflation above 3.5% could limit BoE cuts, supporting GBP. Below 3.0% would reinforce bearish bias.
May 30 US Core PCE Inflation Sticky inflation (>2.7%) may delay Fed cuts, boosting USD. Sub-2.5% could revive rate-cut bets, weakening USD.
Factors That Could Shift Directional Bias
Bullish GBP/USD Scenarios
BoE Surprise Hold: Unlikely, but no cut on May 8 would trigger a sharp GBP rally.
UK CPI Surprise: Services inflation above 3.8% or headline CPI >3.0% could reduce BoE cut expectations.
Weak US Data: NFP <100K or Core PCE <2.5% would pressure USD via accelerated Fed cut bets.
Bearish GBP/USD Scenarios
BoE Dovish Guidance: Signals for consecutive cuts (e.g., June + August) would extend GBP weakness.
Strong US Data: NFP >150K or Core PCE >2.8% reinforces Fed’s "higher for longer" stance, lifting USD.
Trade War Escalation: Renewed US-China/EU tariffs would strengthen USD as a safe haven.
Conclusion:
GBP/USD is poised for downside pressure in May, driven by BoE rate cuts and a resilient USD. . Upcoming US jobs data (May 2) and UK inflation (May 15) are critical for near-term volatility. A hawkish BoE surprise or weak US data could temporarily reverse the bearish trend, but the interest rate differential favors USD strength.
EUR/USD Daily Chart Analysis For Week of May 2, 2025Technical Analysis and Outlook:
The Euro currency has shown weakness in this week's trading session and is resting at the Mean Support designation marked at 1.128. The current trajectory indicates that the Euro is targeted to the downside, with a Mean Support level of 1.119 and an Outert Currency Dip of 1.111. However, it is essential to recognize that upward dead-cat rebounds may re-emerge from the Mean Resistance level or Outer currency Dip.
CAD/CHF H8 AnalysisThe overall market direction is bearish with sellers in control.
However, with a triple rejection of circa 0.58500, we have seen a bottom formed and buyers now in play.
There is a potential for price to continue bullish towards the trendline.
This is an idea of what MAY happen. Always trade with a profitable strategy and good risk management.
NZDJPY BULLISH OR BEARISH DETAILED ANALYSIS ??NZDJPY has successfully completed a bullish breakout from the descending channel structure that has been forming since mid-2024. The price action respected the trend boundaries flawlessly, and the breakout above the upper trendline confirms a reversal from the previous downtrend. Now trading around 86.200, this pair is showing strong momentum, supported by both technical breakout validation and fresh bullish sentiment in the market.
The pair is now targeting a measured move towards 93.000 in the coming weeks. The breakout is supported by increasing risk appetite across markets, as investors shift from safe-haven currencies like the Japanese Yen toward riskier assets such as the New Zealand Dollar. The sharp rejection from the lower trendline and the steady climb through April and early May marks the beginning of a potential bullish cycle. Traders should watch for retests and bullish continuation patterns to ride this wave.
Fundamentally, the New Zealand economy is seeing upward momentum with recent improvements in dairy exports and a surprise drop in unemployment to 3.8%, beating expectations. On the other hand, Japan’s stagnant inflation data and dovish Bank of Japan stance have weakened the Yen further. The widening interest rate differential between the Reserve Bank of New Zealand and the Bank of Japan continues to favor the Kiwi. This macro backdrop aligns with the technical breakout, offering additional conviction to bullish traders.
With technicals and fundamentals now in alignment, NZDJPY offers a high-probability long setup. Breakout traders and trend followers should consider riding this move toward the 93.000 target, with trailing stops to lock in profits as momentum continues. Keep an eye on global risk sentiment, commodity prices, and upcoming economic data from New Zealand for confirmation along the way.
AUDJPY at Key Resistance Level: Will it Drop To 92.850?OANDA:AUDJPY is approaching a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 92.850 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction.
Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management.
Best of luck!
USDJPY is Sellinghaving given a CHoCH, it is temporally retracing to the up side to take out liquidity before giving us an official downtrend on the 1hour time frame. sell 1 and sell 2 are the two possible areas it could touch prior to the expected movement. stop loss should be 50 pips above sell 2 and also manage your risk.
CHFJPY - Sell Setup at Key Resistance LevelOANDA:CHFJPY has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control.
With the price now testing this resistance, I anticipate a potential downward move toward the 172.650 level, which represents a logical target for this setup. Traders should watch for confirmation signals, such as bearish engulfing candles or rejection wicks, to validate the potential for a reversal.
Do you agree with this analysis? Let me know your thoughts in the comments!
GBPCAD Potential PullbackHi there,
On GBPCAD, a bullish pullback is anticipated, with a potential bullish level of interest at 1.84988, targeting two price levels: 1.87001 and 1.88069.
Currently, the price movement is bearish, seemingly aiming for the 1.84235 low. It may act against bullish orders, so there should be some caution around the 1.83199 level as it has the potential to drop even lower.
Happy Trading,
K.
It is not trading advice.
USD/JPYThe pattern has **four points**: A, B, C, and D, forming two legs: **AB and CD**, which are equal in length and time.
There are two types:
* **Bullish AB=CD**: Signals a potential reversal to the upside.
* **Bearish AB=CD**: Signals a potential reversal to the downside.
Fibonacci Guidelines:
* The length of AB should be approximately equal to CD.
* The time it takes for price to move from A to B should be similar to C to D.
* The retracement BC is often:
* 61.8% or 78.6% of AB
* The projection CD is:
* 127.2% or 161.8% of BC
EURUSD – SellEURUSD – Local Structure Target in Sight
🔻 Short Bias | 🎯 Target: 1.12945 | ⏳ Deadline: May 2
After a modest recovery, EURUSD is showing hesitation below the prior range high. If momentum fades, a drop to 1.12945 is on the table—marking a potential retest of local structure before further direction unfolds. Sold. Stay tuned.
💡 All trades can be replayed on TradingView for review.
#EURUSD #Forex #PriceAction #MarketOutlook #TradingView #GlobalHorns
"EURJPY Rejecting Premium FVG | Smart Money Trap in Play!"EURJPY Analysis 🧠 | 15M Timeframe
Price has tapped into the Premium Area, reacting off a high-probability Fair Value Gap (FVG) and Order Block confluence.
Signs of rejection are starting to show, but momentum wasn't strong enough to push lower before hitting breakeven.
Key Observations:
Price aggressively tapped the Premium zone (around 79% retracement).
Reaction from the embedded Fair Value Gap inside the premium zone.
Possible minor liquidity sweep above recent highs (Strong High marked).
Discounted zone below remains wide open as a potential future target.
🧠 Smart Money Concept Insight:
Big players often drive price into a Premium Area, triggering breakout trades and trapping liquidity.
After the liquidity is harvested, price tends to rebalance into the Discount Area.
Today, price showed initial bearish reaction but lacked immediate continuation strength — resulting in breakeven protection hit.
Current Trading Plan:
Continue monitoring EURJPY for renewed bearish order flow signs.
TP1 (if re-entry occurs): Mid Discount Area
TP2: Weak Low liquidity sweep below
SL (for any re-entries): Above Strong High
Remember:
📚 Premium = Look for Sell Opportunities
📚 Discount = Look for Buy Opportunities
Stay patient, protect your capital, and wait for price to confirm the next move.
📉 Focus on Smart Money footprints, not emotions.