Forex market
#EURUSD: Nothing to expect from DXY| View Changed Swing Trading|Hey there! So, we were previously thinking EURUSD was going to be bearish, but things have turned around and it’s looking bullish for now.
The extreme bearish pressure on USD has caused all the major USD pairs to be in a range. As the week goes on and we get the NFP data, the market will probably focus more on these economic indicators. So, it’s not surprising to see some market ranges during this time.
We’ll keep a close eye on the market, as there might be some manipulation going on this week.
We recommend waiting until Monday’s daily candle closes to see if the bullish trend is strong enough. Then, based on the price momentum, you can make your decisions.
We hope you have a great week and safe trading! If you like our work and analysis, please consider liking, commenting, and sharing our content.
Cheers,
Team Setupsfx
❤️🚀
USD/CAD) Bearish trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD on the 3-hour timeframe reflects a bearish market outlook. Here’s a breakdown of the idea:
---
Trend Overview:
The pair is in a clear downtrend, confirmed by:
Lower highs and lower lows
Price trading below the 200 EMA
A bearish flag pattern in play
---
Key Zones & Levels:
1. Resistance Zones (Yellow boxes):
Upper zone (~1.3835 area): Previously tested and rejected (marked by the red arrow).
Mid-zone (~1.3745 area): Labeled as a resistance level, previously support turned resistance.
2. Support Zone:
The price is heading toward a projected target point at ~1.35584, which aligns with previous support.
---
Bearish Confirmation:
The price attempted a retracement but failed to break above the resistance level.
The structure shows a bearish continuation pattern, suggesting a move downward is likely.
---
Indicators:
RSI (Relative Strength Index):
Currently near 37, not oversold yet, but suggests bearish momentum is still strong.
Also shows slight bearish divergence (lower highs on RSI while price was consolidating).
---
Projection/Trade Idea:
Scenario: Break and retest of the current level (~1.3679), with a continuation to the target at 1.35584.
Risk Areas: Any break above 1.3745 could invalidate the setup.
Confirmation: A clean bearish candle below the minor support could confirm entry for short sellers.
Mr SMC Trading point
---
Summary:
This is a supply-and-demand + structure-based bearish setup. The market is showing weakness below resistance, and the next logical target is 1.35584, barring any macroeconomic reversal (e.g., USD or CAD news).
Please support boost 🚀 this analysis)
GBPUSD ANALYSIS Based on technical analysis GU is in a bullish trend and we should only be looking for buys.
Expect a pullback near the fibs reversal zone for a buy entry.
Risk Reward- 1% : 3 or your TP can be the 4H HH zone.
Keep your trading plan simple and only take quality trades in the direction of the trend. The trend is your soulmate.
GBPJPY BUY IDEACurrent trend - Uptrend
- Price broke major resistance on the H4 and Daily charts, but no retest was made on the lower TF (H1 & M30)
- Looking at a retest, turning resistance to support before a further upside move. Will be looking at Asian and London sessions for entries for a retest or any other signals the market gives
Analysis and Forecast for EUE/USDToday, the EUR/USD pair is under pressure, having failed to consolidate above the 1.1447 level and showing intraday declines toward the psychological level of 1.1415 and below, amid U.S. dollar strength.
The main drive of the dollar's rise was Friday's strong U.S. Non-Farm Payrolls (NFP) report, which reduced expectations for an imminent rate cut by the Federal Reserve this year. In addition, optimism surrounding the potential resumption of U.S. -China trade talks is dampening bearish sentiment toward the dollar, thereby adding further pressure on EU/USD.
Nevertheless. ongoing negotiation in London and the upcoming key U.S. inflation data later this week are prompting traders to remain cautious and refrain from opening aggressive positions. The market still considers a September Fed rate cut likely, and concerns about the U.S. government's fiscal position are limiting the dollar's upside potential, which in turn lends some support to the euro.
On the other hand, the European Central Bank signaled at its latest meeting that the current rate-cutting cycle may be nearing an end. This also supports the euro and helps limit EUR/USD losses. In the absence of significant economic releases from the eurozone or the U.S. today, the pair's movement is mainly driven by dollar dynamics.
Technically, in order to resume upward movement, EUR/USD needs to break through resistance in the 1.1450-1.1460 level, which could open the path toward the psychological level of 1.1500. A break above that could lead to a retest of late-April highs. Otherwise, the risk of further decline toward the 1.1370 support level remains. However, oscillators on the daily chart are still in positive territory, indicating a generally constructive outlook for the pair.
In the short term, caution advised, with focus on signals from the trade negotiations and upcoming economic data.
EURNZD Massive Short! SELL!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.9194 pivot level.
Bias - Bearish
My Stop Loss - 1.9246
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.9095
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EURUSD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The market is at an inflection zone and price has now reached an area around 1.16075 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 1.15775..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
GBPCAD Technical Analysis! BUY!
My dear friends,
GBPCAD looks like it will make a good move, and here are the details:
The market is trading on 1.8449 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8496
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPUSD Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for GBPUSD below:
The price is coiling around a solid key level - 1.3619
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.3570
Safe Stop Loss - 1.3649
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous 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.
———————————
WISH YOU ALL LUCK
Diamond Continuation Hello traders!
We’ve just seen a clean breakout from a Diamond Continuation Pattern on the 1H EURJPY chart — and it came with a surge in volume, confirming the move.
🔹 Pattern: Diamond Continuation
🔹 Breakout Level: 166.735
🔹 Target: 168.803 (100% measured move)
🔹 Stops:
• Conservative: Below 165.824 (mid-range support)
• Aggressive: Below 164.919 (diamond low)
Price held firm inside the diamond, then exploded through the top boundary on strong momentum. The breakout is now live and confirmed. If the structure holds above 166.73, we stay focused on the full projection into 168.80.
✅ Key Strategy:
Use the previous low or the 50% midpoint for stop placement. We’re managing this as an active long continuation — structure, volume, and fib all align.
📈 Stay patient, manage the risk, and let the market unfold.
DeGRAM | EURUSD formed the double top📊 Technical Analysis
● A double-top printed at the channel roof (≈ 1.1600) and a bearish engulfing candle signal exhaustion; price is slipping back inside last week’s inner trend-median, turning 1.1550 into fresh resistance.
● Hourly RSI diverged lower and the grey return line from 1 June has broken; pattern depth points to 1.1500 support, with the channel mid-band / former triangle apex near 1.1470 as the next magnet.
💡 Fundamental Analysis
● Post-CPI profit-taking meets cautious ECB rhetoric: Lagarde reiterated “no preset easing path,” yet money-markets still price two Fed cuts by year-end, inviting near-term dollar reprieve.
✨ Summary
Short 1.1540-1.1560; break below 1.1520 targets 1.1500 → 1.1470. Bear view void on an H1 close above 1.1600.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHF - Bearish Continuation STORY : Bearish Indications :
1- LH and LL
2- No Divergence
3- Symmetrical pattern
4- Seasonal Show USDCHF Bearish in June for last 15 years
Bullish Indications:
1- SXF on 1H time frame make a bearish Divergence which indicates a
strong corrective move in the index.
if that happens market will make breakout above 0.81565
Anticipation : I anticipate in order for the market to continue, the market will break the neck line and then continue bearish
Plan : Enter into the market with pending order (Sell Stop) and then wait for the TPs to hit as per mentioned target points.
EURUSD 16 June – Technical Rebound or Liquidity Trap? EURUSD 16 June – Technical Rebound or Liquidity Trap?
The EURUSD pair has shown sharp movements after testing key resistance near 1.1607. While the price action may appear bullish at first glance, deeper analysis suggests we might be facing either a continuation of the uptrend or a strategic liquidity hunt.
🌍 Macro & Fundamental Overview
The ECB remains hawkish with rates still high, but recent commentary hints at a more dovish tone possibly leading to rate cuts in late Q3 2025.
Meanwhile, the Federal Reserve maintains its cautious stance, holding off on rate cuts due to sticky core inflation.
This divergence in policy expectations creates a neutral to slightly USD-favorable bias, depending on upcoming economic data.
⏳ Bottom line: EURUSD remains in a choppy environment with compression–expansion cycles, and no confirmed macro-driven trend yet.
📉 Technical Outlook (H1 Chart)
Price Structure: The pair is moving within a short-term ascending channel, but current price is testing the upper boundary.
EMA Analysis (13/34/89/200): Still supports an uptrend, but flattening out — potential bearish crossover if price fails to hold.
Key Resistance:
1.1607: Major resistance and local top (double rejection zone).
Critical Support Zones:
1.15540: Minor structural support — a decisive level for intraday direction.
1.15261 & 1.14807: Unfilled FVG zones and liquidity pools that may get targeted if the price breaks lower.
🎯 Trade Setup Ideas
📘 Scenario A – BUY from 1.15540 support (bullish continuation)
Entry: 1.15540 (upon bullish candle confirmation or strong bounce)
Stop Loss: 1.15200
Take Profits: 1.15850 → 1.16070 → 1.16300+
✅ Ideal if European sentiment remains positive or if USD weakens across the board.
📕 Scenario B – SELL if price breaks and retests 1.15540
Entry: 1.15540 (after a breakdown + rejection retest)
Stop Loss: 1.15720
Take Profits: 1.15261 → 1.14807 → possibly 1.1450
✅ Best used if USD gains strength or EUR shows weakness after economic releases.
🧠 Market Psychology
The market is currently reactive to any shift in tone from ECB and Fed, causing price whipsaws near key zones.
Smart traders will avoid chasing breakouts and instead focus on reaction zones like 1.15540 for confirmation-based trades.
Watch for fakeouts, as institutional players may be hunting liquidity before choosing direction.
📌 Final Thoughts
EURUSD is in a sensitive zone, and 1.15540 is the intraday pivot. Holding above could trigger a push toward 1.1607 and higher. But failure to hold would likely attract sellers toward the 1.1480–1.1450 liquidity range.
🎯 Discipline is key. Avoid emotional entries. Let the market come to your level — and execute only with confirmation.