Potential bullish rise?GBP/AUD has bounced off the pivot, which acts as an overlap support and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection.
Pivot: 2.0789
1st Support: 2.0703
1st Resistance: 2.1072
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.
Forexsignals
Bullish momentum to extend?GBP/CHF has bounced off the pivot, which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.1076
1st Support: 1.0987
1st Resistance: 1.1252
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.
Bullish bounce?EUR/GBP is falling towards the pivot and could bounce to the 1st resistance, which has been identified as an overlap resistance.
Pivot: 0.8377
1st Support: 0.8326
1st Resistance: 0.8461
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.
Bullish bounce off pullback support?EUR/AUD has bounced off the pivot, which is a pullback support, and could rise to the 1st resistance, which acts as a pullback resistance.
Pivot: 1.75099
1st Support: 1.73653
1st Resistance: 1.77533
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.
Bearish drop off overlap resistance?AUD/JPY is rising towards the pivot, which acts as an overlap resistance and could reverse to the 1st support which is also an overlap support.
Pivot: 93.36
1st Support: 91.10
1st Resistance: 94.07
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.
Falling towards 61.8% Fibonacci support?AUD/NZD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.0750
1st Support: 1.07095
1st Resistance: 1.08521
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.
Bearish reversal?NZD/JPY is rising towards the pivot and could reverse to the 1st support.
Pivot: 86.38
1st Support: 84.37
1st Resistance: 87.07
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.
Market next target ---
Bearish Disruption Analysis
1. False Breakout Zone (Red Box Area):
The price is revisiting the red box area (potential supply/resistance zone). If it fails to break and close above this zone convincingly, it may signal a bull trap.
Previous attempts to push higher were rejected around this level, showing seller strength.
2. Lower High Formation Risk:
The recent upward move might form a lower high compared to the high from the 25th.
If price reverses below $33.30–$33.20, it could trigger more downside momentum, potentially targeting the $33.00 or even $32.80 level.
3. Volume Divergence:
Notice the decline in volume as price attempts to rise. Lower buying volume may indicate weak bullish conviction, which increases the risk of a downturn.
4. Bearish Candlestick Reversal Pattern:
If any bearish engulfing or shooting star candlestick forms near resistance, it would support a bearish reversal case.
Market next move
Disruption of the Bullish Bias:
1. False Breakout Risk
The area marked with a red rectangle might be showing signs of consolidation, but there's a possibility that the bullish breakout is a bull trap.
Volume does not strongly confirm a breakout; note that the volume on the recent upward candles is not significantly higher than the surrounding bars — often a sign of weak buyer conviction.
2. Resistance Overhead
BTC is approaching the psychological level of 110,000, which may act as resistance.
Price action shows several small-bodied candles with wicks, indicating indecision or rejection from higher levels.
3. Bearish Divergence Potential
If paired with RSI or MACD indicators (not visible in this image), there might be signs of bearish divergence — price making higher highs while the indicator makes lower highs.
4. Liquidity Sweep Scenario
The recent wick into the highlighted zone could be a liquidity sweep — grabbing stop-losses before reversing downward.
This would support a bearish move contrary to the bullish forecast.
5. Market Sentiment & Fundamentals
Ignoring macro events such as Fed decisions, ETF movements, or regulatory news can be dangerous. If bearish news breaks out, technical setups can fail fast
Bearish reversal?EUR/JPY is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 163.18
Why we like it:
There is an overlap resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 163.18
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 161.61
Why we like it:
There is a pullback support level.
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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.
Could the price bounce from here?EUR/GBP is falling towards the support level that lines up with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection and could bounce from this level too ur take profit.
Entry: 0.8373
Why we like it:
There is an overlap support level that lines up with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection.
Stop loss: 0.8322
Why we like it:
There is a pullback support level that is slightly above the 100% Fibonacci projection.
Take profit: 0.8444
Why we lik eit:
There is a pullback 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.
Bearish reversal off overlap resistance?AUD/CHF is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.5372
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.54491
Why we like it:
There is a pullback resistance level.
Take profit: 0.5251
Why we like it:
There is an overlap support level that aligns with the 50% 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.
Potential bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 86.13
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 87.09
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
Take profit: 84.73
Why we like it:
There is a pullback support 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.
EURUSD Rally already underway on the 1D MA50.The EURUSD pair has been trading within a Channel Up since practically the beginning of the year. The recent rebound (May 12) on its 1D MA50 (blue trend-line) has technically started the pattern's new Bullish Leg.
Given that the previous two have risen by +7.50% on average, and were both confirmed by a 1D MACD Bullish Cross like the one formed today, we expect a minimum +7.20% rise from the bottom. Our Target is 1.18500.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Why EUR vs GBP Could Be Your Best Trade This Week!When it comes to forex swing trading or even forex intraday trading, the temptation to zoom into lower timeframes—like the 15-minute or 1-hour charts—is strong. Most forex traders focus on short-term momentum, often diving into scalping strategies that chase quick pips. However, the real edge lies where most don’t look: the higher timeframes, particularly the weekly chart. The EUR/GBP forex pair is a perfect example of these higher timeframes' power, especially when paired with smart money concepts like demand and supply imbalances.
EUR/GBP: A Hidden Gem for Forex Swing Traders
The EUR/GBP Forex cross pair is often overlooked compared to major USD-based pairs. However, for seasoned swing traders and institutional players, EUR/GBP offers deep liquidity, cleaner technical analysis and price action structures, and strong reaction zones that are respected time and time again.
At the end of May 2025, a significant weekly demand imbalance at 0.8384 finally took control of price action—something smart money traders had been anticipating for months. This wasn't a surprise for those watching the higher timeframes. Similar to how the previous weekly imbalance at 0.8299 took control in February 2025, these zones have proven critical in guiding the medium- to long-term direction of EUR/GBP.
Is This the Next Big Heist? Thief Trader Eyes NZD/USD Long SetupThief Trader’s NZD/USD Heist Plan – Long Setup in Play!
🌍 **Hello Global Wealth Warriors!**
Hello, Bonjour, Ciao, Salut, Guten Tag, Ola!
📢 **Fellow Profit Pirates & Market Mavericks**, it’s time to set sail again! Get ready to loot the forex seas with our latest **Thief Trader Strategy** targeting the **NZD/USD (The Kiwi)** pair.
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🔎 **Trade Overview**
💥 Setup: Long Entry Plan – Executing our cunning blueprint with Thief Trading's sharp technical & fundamental intel**.
🎯 Target: 0.62300 (or exit just before for safety).
⚠️ Danger Zone: Watch for traps at the RED Zone Level – signs of overbought conditions, consolidation, trend flips & bearish setups.
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🟢 **Entry Signal** – *The Heist Begins!*
📈 **Primary Entry**:
> Breakout above **MA Line (0.60300)** = Bullish move → *Place a Buy Stop above ATR Line*
📉 **Pullback Option**:
> *Buy Limit* at recent swing low/high on **15 or 30-min TF**.
📌 **Pro Tip**:
Set an **Alert** on your chart to catch the breakout live. Timing is everything!
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🛑 **Stop Loss – The Getaway Plan**
📍 **SL Recommendation**:
> Recent swing low on the **4H chart (0.59400)** for day/swing trades.
> 🎯 Customize your SL based on risk, lot size, and total orders.
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🔐 **Scalpers vs. Swingers**
👀 **Scalpers**: Focus ONLY on long-side plays.
💰 Got deep pockets? Dive in.
😎 Otherwise, swing traders – this is your golden moment. Trail your SL to protect profits.
🌐 **Market Pulse** – Momentum Watch
📊 Kiwi is navigating a **MA Resistance Zone**, but bullish bias remains due to:
* **Fundamentals**
* **Macro Insights**
* **COT Reports**
* **Sentiment & Intermarket Trends**
* **Quant Analysis + Overall Score**
📎 Check the linkks for detailed breakdown.
📰 **News Warning!**
⚠️ Major releases ahead?
* Pause entries.
* Protect trades with **trailing SLs**.
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🚨 **Join the Next Heist with Thief Trading!**
💥 Smash that **Boost** or **Like** to join our profit squad.
With **Thief Trader Style**, we dominate the markets DAILY.
Your support fuels our mission. ❤️💼
---
💸 Stay ready for the next move, money-makers.
🎯 Eyes on the chart – timing is profit.
The Aussie Dollar Heist Blueprint: "AUD/USD" Long Setup!?🌍 Hello, Global Wealth Warriors! Ciao, Salut, Guten Tag, Ola! 🌟
Fellow Profit Pirates & Market Mavericks, 💸⚡
Unveiling our cunning blueprint to plunder the AUD/USD (The Aussie) forex market, crafted with 🔥Thief Trading’s razor-sharp technical and fundamental insights🔥. Stick to the chart’s game plan, zoned in on a long entry. Our mission? Slip out near the high-stakes RED Zone Level—a perilous spot with overbought vibes, consolidation, trend flips, and traps where bearish bandits lurk. 🏴☠️💰 Celebrate your wins, traders—you’ve earned it! 🎉
Entry 📈 : "The heist is on! Wait for the MA line breakout (0.65200) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the ATR line (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
🛑 **Stop Loss**:
📍 Thief SL parked at the recent/swing low on the 4H timeframe (0.64600) for day/swing trades.
📍 Tailor your SL to your risk appetite, lot size, and number of orders. Stay sharp!
🎯 **Target**: Aim for 0.66300 or make a swift exit just before.
👀 **Scalpers, Listen Up**: Stick to long-side scalping. Got deep pockets? Dive in now! Otherwise, join swing traders for the grand heist. Use trailing SL to shield your loot. 💰
💹 **Market Pulse**: The AUD/USD (The Aussie) forex market is in a ATR Dynamic Resistance zone but leaning bullish, fueled by key drivers. ☝
🌐 Dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, Future Targets & Overall score.. Check the linkss for the full scoop! 🔗🌍
⚠️ **Trading Alert**: News can shake the market! 📰
🔐 Protect your positions:
- Pause new trades during news releases.
- Use trailing stop-loss to lock in gains.
💪 **Join the Heist**: Smash the Boost Button to supercharge our robbery squad! 💥 With Thief Trading Style, we rake in profits daily with ease. 🚀 Your support fuels our market conquests. 🤝❤️
Stay tuned for the next daring heist, money makers! 🤑🐱👤🎯
GBPAUD: Bullish Bias Remains 🇬🇧🇦🇺
I already shared a confirmed bullish breakout of a falling trend line on a daily.
Though the price went a bit lower, below that after its retest,
we have a significant horizontal support cluster that strongly holds.
I think that the price may start rising from that and reach
2.1 level this week.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/CHF Trading Plan USD/CHF Trading Plan – Technical Rebound Near EMA89, Resistance Ahead at 0.8298
📌 Market Overview
USD/CHF is showing signs of technical recovery after a recent sell-off from the 0.8338 high. The current retracement is supported by price action rebounding near the 0.8212 zone — a key demand area that aligns with the EMA89 on the H1 timeframe.
However, the broader structure remains uncertain as the pair awaits directional cues from upcoming US macroeconomic data and market sentiment around the Swiss franc’s safe-haven flows.
🔍 Technical Outlook
Main trend: Still bearish on higher timeframes
Short-term bias: Technical bounce in play
EMA Setup: EMA13 and EMA34 are curling upward → but EMA89 acts as strong dynamic resistance above
🔑 Key Technical Zones:
Resistance:
0.8264 – 0.8298 → short-term resistance area
0.8320 – 0.8338 → previous supply zone and daily structure resistance
Support:
0.8235 → minor intraday support
0.8212 → EMA89 retest + breakout demand block
0.818x → historical low and deeper demand zone
📊 Trade Scenarios
✳️ Scenario 1 – SELL Setup Near Resistance
If price retests the 0.8298 zone and prints reversal signals → short the bounce
Entry: 0.8290 – 0.8298
SL: 0.8320
TP: 0.8260 → 0.8235 → 0.8210
✳️ Scenario 2 – BUY the Retest Near Support
If price pulls back to 0.8212 and holds structure with EMA89 confluence → potential short-term BUY
Entry: 0.8212 – 0.8220
SL: 0.8185
TP: 0.8235 → 0.8260 → 0.8290
⚠️ Strategy Note:
Avoid buying into resistance at 0.8298 unless there's a strong breakout with volume. Current price action favors "sell on rally" setups unless key zones break decisively.
🌐 Macro Context
Upcoming PCE Data (May 31): The US Personal Consumption Expenditures index could spark volatility. Weak data may pressure the USD and strengthen CHF.
Geopolitical Tensions Ease: Risk-off flows into CHF have cooled slightly as US-EU trade concerns subside.
SNB vs. Fed Outlook: The Swiss National Bank remains dovish, but the Fed’s uncertain tone limits USD upside. Yield differentials remain supportive for USDCHF to stay choppy within range.
✅ Final Thoughts
USDCHF is staging a mild technical rebound but still faces significant hurdles near 0.8298. Sell setups remain favorable near resistance while buy scalps are valid around EMA89 if price confirms structure.
Pullback or Deeper Reversal After False Breakout Near 1.1425? EUR/USD Weekly Plan: Pullback or Deeper Reversal After False Breakout Near 1.1425?
🧭 MARKET OVERVIEW
EUR/USD surged toward a new monthly high at 1.1425 earlier this week but quickly lost momentum and retraced to the 1.137x zone as the US Dollar bounced back. While the short-term recovery in DXY supported the dip, macro uncertainty surrounding Trump’s erratic trade policies continues to raise questions about the dollar’s long-term credibility.
Meanwhile, Germany’s revised Q1 GDP growth of 0.4% (vs. 0.2% prior) helped support EUR, reinforcing its appeal as a safe alternative to the greenback.
📊 TECHNICAL ANALYSIS (H1 Chart)
Main Trend: Short-term correction after strong bullish rally
Resistance Levels:
1.14165 → Previous top, strong reversal zone
1.14017 → Minor supply zone
Support Levels:
1.13476 → Key break structure zone
1.12791 → Daily demand zone & previous FVG bottom
Indicators:
EMA 20 & EMA 50 crossover signals weakening bullish momentum
Price Pattern: Potential double top forming below 1.1425
🌐 MACRO & FUNDAMENTAL CONTEXT
Trump’s tariff threat postponed to July 9, but his unpredictable tone weakens USD trust.
Germany Q1 GDP upgraded to 0.4% → boosts confidence in Eurozone’s economic resilience.
ECB expected to cut rates in June, with policymakers showing confidence inflation will reach 2% target this year.
This week’s key focus:
→ US PCE Price Index (April)
→ EU May HICP (CPI)
These will drive short-term volatility and determine breakout/reversal confirmation.
✅ TRADE SETUPS
🔴 SELL ZONE:
Entry: 1.1400–1.1416
SL: 1.1440
TP: 1.1382 → 1.1347 → 1.1279
🟢 BUY SCALP ZONE:
Entry: 1.1345–1.1347
SL: 1.1320
TP: 1.1382 → 1.1400
📌 Preferred scenario: Look for bearish confirmation around 1.1400–1.1416 to enter short. Avoid aggressive buys unless price strongly holds above 1.1384.
🧩 CONCLUSION
EUR/USD is showing signs of exhaustion after testing 1.1425. If bears reclaim 1.1384 and hold below 1.1347, deeper correction toward 1.1279 is likely. Conversely, if bulls defend 1.1345 and CPI/PCE data disappoints, price may retest highs.
Hellena | EUR/USD (4H): LONG to the resistance area 1.14048.Dear colleagues, it appears that this week started with a downward movement. It was decided to replace the last forecast with a new one, because the price is updating the minimum of wave “4”, now the formation of wave “c” of medium order is taking place.
I believe that the upward movement to the area of 1.14048 will start again and we have 2 options:
1) market entry
2) working with pending limit orders closer to the 1.09794 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): LONG to resistance area of 3439.37.Colleagues, Last time, I suggested that the five-wave movement was not yet complete. It seems that this is indeed the case.
Wave "5" of the higher degree is unfolding, and I expect the price to reach the resistance area around 3439.37, which marks the top of wave "X".
Within the smaller five-wave structure, I believe wave "3" is currently in progress.
A correction toward the 3248.38 area is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Market next target Original Analysis Summary:
Support Area Identified: Around 3335.
Expected Scenario: Bounce from support leading to a bullish move toward the "Target" zone.
Two Paths Shown: A direct bounce (yellow) or a fakeout/drop below support followed by a bullish reversal (blue arrow).
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Disruption Analysis: Bearish Scenario
1. Support Breakdown:
Instead of bouncing at the support area (~3335), the price fails to hold and breaks down below.
Increased volume or bearish momentum could lead to this breakdown.
2. New Target Zone:
If support is broken, the next key demand zone may lie around 3300 or below, making that the new target.
Traders expecting a bounce may get trapped (bull trap), adding to sell pressure.
3. Invalidation of Bullish Setup:
The presence of consecutive lower highs leading into the support area could indicate weakening bullish momentum.
A retest of the broken support as new resistance would confirm the shift in structure (support becomes resistance).