GBP/USD - H1-Triangle Breakout (17.06.2025)The GBP/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.3485
2nd Support – 1.3444
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Forex market
Israel-Iran Confrontation. (I expect upward movement in USD/CADIsrael and Iran are exchanging missile strikes, but it seems markets are trying to play their own game, assuming that this conflict will not cross the nuclear threshold. in the meantime, investors are shifting their focus to key events this week.
The main highlights will be the consumer inflation reports from the UK and the eurozone. In the EU, inflation is expected to stabilize at 1.9%, while in the UK, it is forecast to decrease from 3.5% to 3.3% year over year.
This week will also bring central bank meetings in Switzerland, the UK, and, of course, the U.S. Federal Reserve-which will likely take center stage and divert attention from the tow European central banks.
Other events worth focusing on include the release of the Philadelphia Fed Manufacturing Index U.S. retail sales figures.
But let's return to the week's main event-the Fed's final monetary policy decision, which will be made over two days, Tuesday and Wednesday. According to the consensus forecast, the central bank is expected to leave the key interest rate unchanged at 4,50% The main reasons for this are persistently high consumer inflation figures, which showed an annual increase last week (albeit smaller than expected), and uncertainty about the consequences of Donald Trump's presidency. Fed Chair Jerome Powell has previously cited both as reasons to pause the rate-cutting cycle.
So, what might come of the Fed holding rates steady?
Frankly, not much. Ongoing uncertainty will continue to be the primary driving force in the markets. Traders are starting to anticipate rate cuts in the second half of the year. However, I believe there is a strong chance that rates will remain unchanged until next year. This is due not only to risk of inflation returning to 3% and the murky geoeconomic policies of the U.S.-China trade war and its unclear outcome.
Given this combination of negative factors-each of which obstructs rate cuts-and the fact that the market has already priced these into its expectations, we can anticipate a continuation of existing trends.
The pair is declining amid rising crude oil prices, which support the Canadian dollar, a commodity-linked currency. If oil prices resume upward momentum, USD/CAD will face pressure again. If the pair fails to rise above 1,3600, a decline toward 1.3435 is likely. A potential sell level is 13560.
EURUSD Long Setup – Bullish Rejection from Demand ZoneEURUSD remains supported by strong eurozone fundamentals and broad USD softness. The pair has retraced into a key demand zone around 1.1490 and is showing signs of bullish rejection. With the Fed likely to pause further rate hikes and the ECB maintaining a steady tone, the bias favors further upside toward recent highs.
⚠️ Geopolitical tensions in the Middle East (Israel-Iran conflict) have introduced mild safe haven demand, but so far the USD has underperformed versus the euro, suggesting EUR remains relatively insulated.
Watch for confirmation and entries within the blue demand box.
🔍 Technical Analysis:
Structure: Clear uptrend with higher highs and higher lows. Price retraced to a well-defined 1H demand zone between 1.1490–1.1500.
Setup: Anticipating a bounce from the demand zone targeting the recent high near 1.1620–1.1630.
Entry Zone: 1.1490–1.1500 (bullish reaction area)
Target: 1.1620–1.1630 (previous supply zone)
Stop Loss: Below 1.1439 (recent swing low)
Risk-Reward Ratio: Approximately 1:2.5
🧠 Fundamental Context (as of June 16):
EUR Bias: Bullish – ECB has paused cuts; euro is resilient despite geopolitical headwinds.
USD Bias: Bearish – Fed is on pause; soft inflation data and geopolitical risks weigh on dollar strength.
Key Drivers:
Fed dovish tone (FOMC pause, lower CPI)
Strong EU resilience despite global tensions
CHF and JPY attracting safe haven flows over USD
📅 Key Events to Watch:
US Core PCE (next major inflation readout)
FOMC commentary and Fed speakers
Eurozone CPI and sentiment data
EUR/USD 4H CHART PATTERN.EUR/USD 4H chart, the chart analysis shows a bearish outlook after a potential rising channel breakdown. Here are the key bearish targets as shown:
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📉 Bearish Targets:
1. First Target Zone (FVG Area)
Price Range: Around 1.1400 – 1.1350
This is marked as the Fair Value Gap (FVG) and could act as the first reaction/support zone.
2. Second Target Zone
Price Range: Around 1.1250 – 1.1200
Clearly labeled as “TARGET” in the middle of the chart.
3. Final Target Zone (Major Support)
Price Range: Around 1.1100 – 1.1050
Also labeled “TARGET” at the bottom. This aligns with a past support level and previous consolidation area.
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🧭 Summary:
A breakdown from the rising channel is expected.
Price may drop first into the FVG zone (1.1350 area).
Then continue down to 1.1200.
Final support target sits near 1.1050.
Would you like me to help identify bullish invalidation or risk levels as well?
GBPUSD H1 compression BUY/HOLD TP1 +100 TP2 +200 pips low risk🏆 GBPUSD Market Update
📊 Technical Outlook
Short-term: BULLS active; resistance forming mid‑1.3600s, consolidation below 1.3600s
Mid-term: Neutral to slight bullish bias; bulls seek 1.3600–1.3700/1.3730 zone
Status: Narrow trading range (tight band) ahead of key UK CPI, Fed & BoE meetings
🔥 Latest Forex Updates
GBP/USD is consolidating in a narrow range around the mid‑1.3500s ahead of this week’s UK CPI and central bank meetings.
The pair holds defensive below 1.3600, with dovish BoE bets capping gains while the Fed is expected to stand pat.
GBP/USD sits near a 40‑month high (~1.3600), boosted by geopolitical risk tone, but lacking momentum to break much higher.
GBP/USD hit ~1.3600 after rebounding from 1.3515 amid renewed Middle East tensions and a weaker US dollar.
Live charts show a mild bullish tilt, awaiting central bank outcomes.
💡 Trade Recommendation
Buy GBPUSD at 1.3530 (recommended entry near 1.3530)
Take Profit at 1.3730 → +200 pips profit target
Stop Loss: 50 pips (around 1.3480)
This trade aligns with the current structure: shallow dip followed by rebound, positioning ahead of central bank catalysts. Momentum above resistance could propel GBP/USD toward 1.3730.
📌 Market Overview
Metric Details
Current Price ~1.3565–1.3600
24H Range 1.3515–1.3600
Central Event Risks UK CPI (Wed), US Retail Sales & Fed (Wed), BoE (Thu)
Geopolitical Middle East tension supports USD weakness, aiding GBP
📈 Forecast Highlights
Support Levels: ~1.3530 (100‑period SMA), ~1.3460, ~1.3425
Resistance Levels: 1.3600, 1.3630 static ceiling, followed by ~1.3700–1.3730 for bulls
🧭 Final Take
GBP/USD sits in a tight range, awaiting central bank clarity. The recommended long trade at 1.3530 aims to capitalize on upside momentum toward 1.3730, supported by technical confluence and a softer USD. Manage risk with a 50‑pip stop loss.
EURUSD: Bullish Move After BreakoutThe price action on EURUSD shows that it broke through a horizontal resistance level on the 4-hour chart.
Following the breakout, a local correction occurred, forming a bullish flag pattern.
As the NY session opened, the market rose and surpassed its resistance line, indicating a strong likelihood of continued upward movement.
The target is set at 1.1616.
Euro can turn around and start to fall to support areaHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price earlier dropped toward the 1.1360 support level and successfully broke it. Then we saw a short recovery move, but the price once again returned to the downside and retested the support line from below. After that, the market created a strong upward impulse, broke back above the 1.1360 level, and entered a phase of consolidation inside a range. This range held for some time, with price respecting both its upper and lower boundaries. Eventually, we saw a breakout from this consolidation, followed by another strong bullish impulse and a steady climb above the 1.1530 zone, where price is currently trading. However, the price has now approached a critical structure and is showing signs of weakening momentum. In my mind, the Euro may attempt one more small move up but then turn around and start declining toward the 1.1530 support level, breaking the ascending support line as well. That's why my TP is this support level, which coincides with the support area. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Smart Money Just Flipped Bearish on USD/CAD. Are You Still Long?🧠 1. COT Context & Institutional Flows
🇨🇦 CAD COT Report (CME) – June 10, 2025
Non-Commercials (speculators): net short 93,143 contracts (19,651 long vs. 112,794 short), with a short reduction of -14,319 → early bearish unwinding.
Commercials: net long 91,207 contracts (223,285 long vs. 132,078 short), with strong accumulation (+27,999 longs).
🔄 Net open interest change: +18,436 → renewed institutional interest on the long CAD side.
🇺🇸 USD Index COT Report (ICE) – June 10, 2025
Non-Commercials: net long 1,402 contracts (17,027 long vs. 15,625 short), with a +1,279 increase in longs → modest USD support.
Commercials remain net short -35 contracts, no clear shift.
🔄 Total open interest +2,652 → mild bullish interest in USD.
📌 Implication: Strong institutional support for CAD, USD mildly supported. Net positioning favors downside pressure on USD/CAD.
💹 2. Technical Analysis & Price Action
Primary trend: clearly bearish from the 1.38 zone.
Current price: 1.3552, testing a macro demand zone (1.3470–1.3540).
Daily RSI remains deeply oversold → possible technical bounce, but no reversal structure confirmed.
Recent candles show lower highs and lower lows, with no bullish momentum.
📌 Implication: The bearish trend remains in control. A technical rebound is possible, but bias stays short as long as price trades below 1.3640.
📈 3. Retail Sentiment
77% of retail traders are long USD/CAD, with an average entry at 1.3646.
Only 23% are short, positioned better at 1.3790.
📌 Implication: Retail is heavily long → contrarian bearish signal confirmed.
📊 4. Seasonality
June is historically weak for USD/CAD:
5Y Avg: -0.0118
2Y Avg: -0.0081
The June seasonal curve shows a stronger downside acceleration into the second half of the month.
📌 Implication: Seasonality adds downward pressure into month-end.
EURGBP: A Bullish Weekly OutlookEURGBP: A Bullish Weekly Outlook
This is an analysis I shared last months from a weekly perspective. The chart shows that the price increased by approximately 500 pips.
EURGBP tested an old weekly support zone that has consistently proven strong over time. Once again, the price reacted well, though it remains hesitant to extend its rise. However, bullish pressure is evident each time the price dips into the blue zone.
In May, this area was tested again, and EURGBP responded clearly, reinforcing the significance of this support. Historically, EURGBP has tested this zone in 2016, 2017, 2020, and 2022, each time showing notable reactions.
Following the start of an uptrend, EURGBP has previously gained between 400 to 900 pips, highlighting the potential strength of future movements.
You may find more details in the chart!
Thank you and Good Luck!
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Previous analysis:
EURJPY Just Broke Out – Is This the Start of a Summer Rally?📊 1. COT Report – Euro & Yen
EUR (Euro FX – CME):
Non-Commercials:
Long: +5,968 | Short: -4,293 → Net Long increasing
Commercials:
Long: +11,480 | Short: +24,451 → Net Short
→ Speculators are clearly bullish on the euro.
JPY (Japanese Yen – CME):
Non-Commercials:
Long: -5,319 | Short: +1,235 → Net Long decreasing
Commercials:
Long: +31,893 | Short: +25,462 → Hedging, but still net short
→ The yen continues to be sold, especially by institutional players.
📌 EUR/JPY COT Summary:
Speculators are buying EUR and selling JPY → strong bullish bias on EUR/JPY.
🧠 2. Retail Sentiment
80% of retail traders are short EUR/JPY, with an average entry at 161.50
Current price is around 167.20 → retail is heavily underwater
✅ Strong contrarian bullish signal
📉 3. Technical Analysis
Price broke out of a long-term range, printing new yearly highs
RSI is overbought but with no active bearish divergence
Price sits inside a major supply zone between 166.50 and 168.00, where previous rejections occurred
A potential pullback to the 164.60–164.15 area aligns with ascending trendline support
🟡 Likely Scenario:
A healthy technical pullback to 164.50–165.00 to cool off RSI,
followed by a continuation higher if supported by momentum and COT positioning
📅 4. Seasonality
June is historically a bullish month for EUR/JPY:
5-year avg: +1.167%
2-year avg: +2.41%
→ Seasonality supports more upside into early July
🌍 5. Macro Context
BoJ remains dovish, no sign of imminent tightening
ECB is steady but relatively less dovish → rate differential still favors the euro
No signs yet of verbal intervention from Japan.
Lingrid | USDJPY Breakout Could Trigger Strong Bullish RallyFX:USDJPY is approaching a retest of the 144.20–144.30 support band after rebounding from a wedge breakdown and reclaiming structure within a broader ascending formation. Price remains under the downward trendline, but a successful bounce here could fuel another push toward 146. A higher low above 144.20 would confirm bullish intent.
📈 Key Levels
Buy zone: 144.20–144.40
Sell trigger: breakdown below 144.00
Target: 146.00
Buy trigger: breakout and hold above 145.00
💡 Risks
Rejection at the downward trendline limits upside potential
Failure to hold the 144.20 base could reverse the bullish structure
JPY strength from macro news could suppress breakout attempts
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURO - Pirce can make movement up and then drop to $1.1420Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
After entering the wedge, Euro began to slow down, creating a tightening structure between support and resistance.
Price corrected toward the support line of the wedge, where it briefly paused and bounced with weak momentum.
The bounce triggered a breakout above local resistance, but buyers failed to hold the price at higher levels.
Soon after, the market reversed from the wedge’s upper boundary and began forming a bearish rejection pattern.
Now price trades just below the recent highs, showing fading demand and early signs of short-term reversal.
I expect Euro to move lower and reach the $1.1420 support level — my current target in this scenario.
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USDCAD may hit bottom amid DXY declineThe dollar is weakening. Against this background, the Canadian dollar is strengthening, which puts pressure on the price of the currency pair.
The key support is 1.3566. Breakdown of the level will strengthen the sell-off
The price is descending by “steps”. Consolidation - distribution, consolidation - distribution.
From the current range of 1.365 - 1.3566 I expect the same thing: downward momentum.
Scenario: consolidation and price sticking to 1.3566, decrease in volatility and squeeze to the urvon may lead to a breakdown and a fall.
OANDA:USDJPY Buys SetupThe market has recently rebounded from a key support zone, showing strong bullish momentum and forming higher lows—a classic sign of accumulating demand. Price action suggests a potential breakout to the upside, possibly driven by liquidity resting above recent swing highs. If history is any guide, this pattern could signal further continuation in the direction of the trend.
Trade Setup (Risk Parameters):
Entry: 144.372
Stop Loss: 143.599
Target Levels:
Take Profit 1: 145.889
Take Profit 2: 148.508
This setup offers a favorable risk-to-reward ratio, aligning with recent market structure and momentum. As always, manage risk appropriately and monitor price action closely.
Let me know your thoughts in the comments. If this analysis resonates with your trading style, consider giving it a boost and follow for more high-probability setups. Stay disciplined and trade safe!
GBPJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 195.600 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which in which it is approaching the trend at 195.600 support and resistance area.
Trade safe, Joe.
Lingrid | USDCHF long Trading Opportunity from Strong SupportThe price perfectly fulfills my previous idea . FX:USDCHF just printed a new lower low at the bottom of a wide downward channel, completing a textbook bearish leg from the triangle breakdown. The price is showing signs of local accumulation with a possible double bottom forming near 0.8078 support. If a bullish bounce holds, the next target lies near the confluence of the upward trendline and 0.8200 zone.
📈 Key Levels
Buy zone: 0.8060–0.8080
Sell trigger: breakdown below 0.8050
Target: 0.8200
Buy trigger: strong bullish engulfing above 0.8125
💡 Risks
Break below 0.8050 reopens path to 0.7980
Weak recovery could form another lower high
Downward channel remains dominant until confirmed breakout
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NZDJPY TECHNICALS AND FUNDAMENTALS DETAILED ANALYSISNZDJPY is currently trading around the 87.00 handle and has just bounced strongly from a well-respected support zone. The pair is now showing clear signs of recovery after a brief corrective dip, and price action on the 8H chart confirms a bullish reversal structure. The support held firmly, and we’ve already seen a solid rejection wick forming the foundation of this new impulsive leg up. With this momentum in play, I’m targeting the 90.00 zone in the coming sessions.
On the macro front, the New Zealand dollar is benefiting from a relatively hawkish RBNZ stance. Inflation pressures remain sticky in New Zealand, and the central bank has reiterated its cautious approach toward rate cuts. Meanwhile, the Japanese yen remains under persistent selling pressure due to the Bank of Japan's ultra-loose policy and intervention uncertainty. These diverging central bank outlooks are fueling continued upside in NZDJPY as carry trade flows remain in favor of the kiwi.
From a technical perspective, the market structure remains bullish. After retesting a previous higher low, price is climbing within a clean channel and has broken minor resistance levels convincingly. This aligns well with a swing continuation pattern toward the 90.00 mark. Momentum is supported by increasing bullish volume, and as long as we remain above 86.00, the bulls are firmly in control.
In my analysis, this is a textbook setup. We’re seeing higher lows, strong trend continuation, and a macro-backed directional bias. I’m long from 87.00 with a bullish outlook into 90.00. I’ll reassess price action as we approach major resistance levels, but until then, I remain confidently positioned with a clear technical and fundamental confluence.