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Bullish momentum to extend?USD/CAD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3893 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Stop loss: 1.3837 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement. Take profit: 1.4061 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Bullish bounce?EUR/USD is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci projection and could bouce from this level to our take profit. Entry: 1.1083 Why we like it: There is an overlap support level that lines up with the 61.8% Fibonacci projection. Stop loss: 1.1098 Why we like it: There is a pullback support level that lines up with the 138.2% Fibonacci extension. Take profit: 1.1265 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
OK, LONG TERM BULLISH, BUT BUT BUT, LET COLLECT SOME MONEY!EURGBP SHORT FORECAST Q2 W21 Y25 OK, LONG TERM BULLISH, BUT BUT BUT, LET COLLECT SOME MONEY BEFORE THE LONG MOVE! ITS THERE FOR THE TAKING !!!!!!! Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅15' order block ✅Intraday bearish breaks of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
BUY USDJPY USDJPY Buy Bias Analysis – May 2025 I'm bullish on USDJPY following the strong reversal from the weekly demand zone at 139.901 touched on April 21, 2025. The pair has shown consistent bullish sentiment since April 22, confirming institutional interest and price strength. Seasonality supports this move, with historical patterns favoring USD strength during this period. From COT (Commitment of Traders) perspective , commercial institutions are heavily long USDJPY, further reinforcing the bullish outlook. Their positioning often reflects informed, long-term sentiment. Moreover, recent flows into the japanese Yen as a safe haven appear to be unwinding. With the USD regaining momentum, a massive sell-off in the Yen is likely, providing strong upside pressure on USDJPY. In conclusion, with technical support, seasonal tailwinds, and institutional backing, I maintain a strong buy bias on USDJPY . FOLLOW ME FOR WEEKLY BIAS
Long
by CartoonForex
4
USDJPY Analysis - Potential Reversal at Support LevelThis analysis is based on the recent price action observed in the USDJPY pair on the 15-minute chart. After a clear downtrend, the price formed a potential reversal pattern with the completion of an ABCD formation, where price touched a strong support zone at 145.40. The green trendline confirms the bullish outlook as the market is respecting this level, and a rebound is expected. Trade Idea: Entry: 145.40 (Support level) Target 1: 146.50 Target 2: 146.90 Stop Loss: 145.20 (Below the recent support)
by Hamidd123
1
"USD/CAD Comprehensive Analysis: Fundamental, Technical, & Risk" 📘 1. Fundamental Analysis From a fundamental perspective, the current movement of USD/CAD is still influenced by the strength of the US Dollar which remains solid, especially due to expectations that the Federal Reserve will maintain high interest rates for a longer period. The US Dollar is supported by relatively stable US economic data and has not provided a strong reason for the Fed to loosen monetary policy quickly. On the other hand, the Canadian Dollar is still weak due to the decline in crude oil prices—Canada's main export commodity—which has put pressure on the CAD. With this condition, the USD remains superior to the CAD in the short term. However, the market is also waiting for important catalysts from the release of Canadian inflation data and speeches by Fed officials next week. As long as the DXY (US Dollar Index) remains stable above 104.50 and there is no significant spike in oil prices, the upward pressure on USD/CAD is expected to continue. 2. Technical Analysis Technically, USD/CAD is in a strong uptrend, marked by a "higher high and higher low" structure on the 4-hour timeframe. The price has broken through the resistance of 1.3925 and is now moving in the area of ​​1.39650. The MACD indicator shows a positive histogram that is still widening, while the RSI is in the range of 69—indicating strong bullish momentum but starting to approach overbought. ADX reaching 31 strengthens the signal that the current trend is quite solid and worth following. On the 1 hour and 15 minute timeframes, it can be seen that the price is making a minor retest after the breakout with a healthy pullback pattern. There are no signs of a significant reversal, and volume remains maintained. With this structure, the buy on pullback setup is considered the optimal scenario, with the ideal entry zone at 1.3935–1.3945. 3. Risk Management In the risk management framework, a long position in the 1.3935–1.3945 zone has a very good risk-to-reward ratio of around 1:2.57 with the first profit target at 1.4200 and the follow-up target at 1.4050. Stop loss is placed safely below the minor support area at 1.3832 to avoid whipsaws from market noise. The probability of success based on the history of similar setups and current indicator conditions is around 79%, with a strategy confidence level above 85%. However, traders are advised to wait for confirmation in the form of a bullish candle and volume spike when the price enters the pullback zone, in order to avoid premature entry. Positions should not be executed if the DXY shows a strong bearish reversal, or if the price of WTI crude oil spikes sharply, as it could suddenly strengthen the CAD.
Long
by Chano_Tenggara
USDCAD SHORT FORECAST Q2 W21 Y25 W&D 50EMA, Ooooh Soo Powerful !USDCAD SHORT FORECAST Q2 W21 Y25 USDCAD SHORT FORECAST Q2 W21 Y25 W&D 50EMA, Ooooh Soo Powerful ! Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Intraday breaks of structure ✅Tokyo ranges to be filled ✅15' order block identified ✅Weekly 50 EMA ✅Daily 50 EMA 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPCHF – Pullback to Demand Zones for Possible Buy Setup | ProfiOn the 1H timeframe, GBPCHF has broken above a key high and confirmed support with a solid close — showing bullish momentum. However, price is currently reacting to a 1H red order block, which could trigger a short-term correction. We’re now waiting for price to revisit one of the lower demand zones for potential buy opportunities. Make sure to look for multiple confirmations on the lower timeframes (M5 or M3) before entering any trade. Also, keep an eye on the red supply zone above; it may offer valid sell opportunities if bearish confirmations appear. 📌 Key Levels 🟢 Support Zones: • 1.1036 – 1.1046 • 1.0920 – 1.0950 🔴 Resistance Zone: • 1.1250 – 1.1290 ⚠️ Entry only with confirmation – patience pays. 🔍 Insight by ProfitaminFX If this outlook resonates with your own view, drop your chart or feedback below. Let’s learn and grow together 📈
Long
by ProfitaminFX
EUR/USD 1H analysis🧱 Supply and Demand Zones Supply Zones (Red/Orange boxes): 1.13996 - 1.13812: Major untested supply; strong selling pressure expected. 1.12930 - 1.12658: Cluster of supply zones; significant resistance area. 1.12281 - 1.12198: Recently formed supply, tested once. 1.11704 - 1.11645: Currently active supply zone; price just rejected this level. Demand Zone (Blue box): 1.10653: Strong demand zone from previous swing low; price bounced significantly here on May 13. 🔍 Trend and Price Action Trend: Short-term bearish. Price has made lower highs and lower lows. A large bearish impulse drop occurred between May 13 and 14. Minor consolidation is forming after the recent drop. Current Price: Around 1.11614 — just below a supply zone (1.11704 - 1.11645) and under the influence of selling pressure. Recent Reaction: The price attempted to move up but was rejected at the supply zone. Now pulling back and potentially targeting lower demand levels. 🔄 Key Levels to Watch Resistance: 1.11704 - 1.11645 (Immediate) 1.12281 1.12800 Support: 1.10653 (Major Demand) Intermediate minor supports may form during the descent. 📈 Potential Scenarios Bearish Continuation: Price may continue lower towards the demand zone at 1.10653. If this level breaks, it could lead to further downside, possibly forming new demand. Bullish Reversal: If price breaks and holds above 1.11704, the next test could be the 1.12198 - 1.12281 supply zone. Bullish confirmation would require breaking 1.12930 with strength. 🧠 Summary Market structure favors short-term bears. Strong supply zones are capping upside. The key demand at 1.10653 is the next potential support. Traders may look for short entries near supply and long opportunities near demand, depending on confirmation and context.
by SandhyaNagpur
NZDJPY: A Bigger Bearish wave could start SoonNZDJPY: A Bigger Bearish wave could start Soon NZDJPY broke out from a bearish Wedge Pattern during Friday thus rising the chances to decline more. The Rising wedge pattern is formed during a bullish trend. As long as the pattern was broken out the chances for a bearish trend is growing. NZDJPY may face a strong support near to the structure areas where it can also change direction. Targets: 🎯 84.50 🎯 83.50 🎯 82.50 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
1
GBPUSD - Double Top Formation in Focus?The GBP/USD pair is currently trading at 1.3278, showing signs of consolidation within a well-established range after recovering from the early April lows near 1.2700. Price action over the past month has created a series of higher lows while repeatedly testing resistance in the 1.3400-1.3450 zone highlighted by the light blue rectangle. The higher probability scenario suggests that cable is likely to make another push toward this critical resistance area, potentially forming a double top with the early May peak around 1.3450. This technical formation would be significant for traders, as a successful breakout above this double top structure could trigger a substantial bullish move, while rejection might lead to a deeper correction. However, the current market structure and momentum favor an eventual upside resolution, with the green arrow indicating a potential target above 1.3450 if buyers can muster sufficient strength to overcome this formidable resistance level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by financialflagship