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EURUSD REVERSAL SETUPOn the daily timeframe, price is closing strongly above the 10 EMA, and the 10–20 EMA appears to be converging, which suggests bullish continuation strength. Overall price action on the daily timeframe remains bullish. From the weekly perspective, the previous weekly candle also closed bullish, increasing the probability of continuation towards the upside in the coming week. Based on this higher timeframe bias, I will look for bullish price action confirmation on the 4-hour or 1-hour timeframe
Long
by Coffee_addict_trader
AUD/USD Moves Within a Consolidation RangeAUD/USD moved within a range-bound consolidation zone during Friday's trading session. Despite struggling to capitalize on the previous day's strong rebound from levels below 0.7100, the spot price managed to maintain its position above 0.7150. If this stability holds until the close of the New York session, the Aussie is poised to record a modest weekly gain for the first time in three weeks. ------------------------------------------------------------------------------------------------ ✅
Long
by NouzTrader
1
GBPUSD Struggles Below Major EMA ZoneGBPUSD is attempting to recover on H4 after the strong decline from 1.3600, but price still remains below the larger EMA resistance near 1.3450–1.3460. The rebound from 1.3380 has slowed, suggesting the current move still looks more like a corrective bounce rather than a confirmed bullish reversal. Trade Plan Buy setup: only consider longs if GBPUSD breaks and holds above 1.3465. Targets are 1.3500 and 1.3520. Sell setup: if price rejects again from 1.3450–1.3460, targets are 1.3400 and 1.33
Short
by Fara_Gold
Technical Analysis Support and ResistanceCore of Technical Analysis Technical Analysis is the study of past price movements, volume, and market trends to predict future price direction. 3 Main Principles: Market Discounts Everything All news, emotions, and fundamentals are already reflected in price. Prices Move in Trends Markets usually move in uptrend, downtrend, or sideways trends. History Repeats Itself Human psychology creates repeating chart patterns. Key Tools: Charts (Candlestick, Line, Bar) Support & Resistance Trendlin
by Knowledgehub
USD/CAD Strengthens Quite Well for the Medium TermUSD/CAD recorded significant gains for the third consecutive day, successfully building momentum following a breakout of the critical resistance barrier in the 1.3810-1.3815 range. The spot price surged to the 1.3870 region during the Asian session, marking a new high since April 13th, supported by the overall strength of the US Dollar (USD) in the foreign exchange market. --------------------------------------------------------------------------------------------- ✅ Fundamental Dynamics: USD
Long
by NouzTrader
1
EURUSD Loses Short-Term Momentum on H1EURUSD has dropped back below both EMAs on H1 after failing near 1.1640, showing that buyers are losing momentum again. The 1.1625–1.1635 zone is now acting as short-term resistance. As long as price remains below this area, sellers still hold the advantage. Trade Plan Sell setup: wait for a rebound toward 1.1625–1.1635. If price rejects clearly, targets are 1.1600 and 1.1590. Continuation sell: if 1.1590 breaks, the next downside zone is 1.1575–1.1565. Buy setup: only consider buying if EU
Short
by Fara_Gold
USD/JPY: Slight Negative Bias at Monthly HighUSD/JPY moved with a mild negative bias during Wednesday's Asian session, but remained near the nearly four-week high touched yesterday. The lack of follow-through selling and the strength of the US dollar's fundamentals suggest that the current correction remains limited, so traders are advised not to rush to the conclusion that spot prices have reached a peak. ------------------------------------------------------------------------------------------- ✅ JPY: Himino's Rhetoric & Intervention
Long
by NouzTrader
1
USDJPY Holds Bullish Structure Below 160USDJPY remains above both EMAs on H1 after breaking out from the 158.90–159.00 range, showing that buyers still control short-term momentum. However, price has started slowing near 159.35–159.40 as the market becomes more cautious ahead of the psychological 160.00 level and possible intervention risks from Japan. Trade Plan Buy setup: wait for a pullback toward 159.15–159.05. If buyers defend this area clearly, targets are 159.40–159.50. Continuation target: if momentum remains strong, price
Long
by Fara_Gold
11 Must Have Elements of a Winning Trading System 1. Set a Minimum Number of Trades for Performance Analysis One of the biggest mistakes new traders make is judging their performance too quickly. Winning two or three trades in a row does not mean a strategy is perfect, just like a few losses do not mean the system is broken. Trading requires patience and long-term observation. A proper evaluation should be based on a larger number of trades because the market behaves differently under changing conditions. Reviewing enough trades helps trader
Education
by BrightRally_Research
2
EURUSD Tests Resistance Before Next MoveEURUSD is attempting a technical rebound after the recent decline, but price is still below the major EMA near 1.1665. This means bearish pressure has not fully disappeared yet. The most important resistance zone is 1.1650–1.1670. A rejection from this area could send price back toward 1.1600–1.1585. Trade Plan Sell scenario: wait for EURUSD to retest 1.1650–1.1670. If H4 rejects clearly, target 1.1600–1.1585. Buy scenario: only consider long if price closes firmly above 1.1670 on H4. Target
Short
by Fara_Gold
GBP/USD Struggles to Maintain MomentumOANDA:GBPUSD GBP/USD (Cable) struggled to maintain momentum after briefly breaking through the psychological level of 1.3500 (a 1.5-week high) the previous day. The spot price reversed course and weakened slightly to around 1.3485 in today's Asian session, pressured by a modest rise in the US dollar (USD) triggered by the latest military escalation in the Middle East. --------------------------------------------------------------------- ✅ Fundamental Dynamics: Geopolitical Pull Against USD
Short
by NouzTrader
GBPUSD Retests Buyers After H4 RecoveryGBPUSD has recovered strongly after sweeping the 1.3300–1.3350 zone and is now trading back above both EMAs near 1.3480–1.3500. The important support zone is 1.3465–1.3450. If buyers defend this area, the recovery can continue. Trade Plan Buy setup: wait for a pullback toward 1.3465–1.3450. If price reacts well, targets are 1.3520 and 1.3550. Continuation target: if momentum remains strong, GBPUSD may extend toward 1.3600. Avoid chasing: buying directly near 1.3500 is less attractive becaus
Long
by Fara_Gold
EURUSD: HTF Weekly Discount Midpoint + Below VAL = Bearish ContEURUSD | Bearish continuation from HTF discount midpoint – weakness below value EURUSD continues to show a bearish tone after trending lower for the past 32 days, with sellers maintaining control and price consistently printing lower highs. From a higher timeframe perspective, price is currently trading inside the weekly discount range, around the midpoint of the broader HTF dealing range. Even though price is already discounted relative to the larger range, buyers have not shown meaningful ac
by UNOMAASS
CAD/CHF Corrects Sharply and Will Continue to DeclineStructurally, the medium-term trend remains bullish. This trend is characterized by the price successfully breaking the structure (BOS) upward in several previous swings and forming a Higher High (HH), but the price is vulnerable to a short-term correction. - 🔸Wave Structure: A massive impulsive upward impulse from the previous lower area is calculated as a long Wave 3 cycle or a major impulsive sub-wave. - 🔸Current Status: The price at 0.56714 is likely in the early stages of Wave 4 (Correcti
Short
by NouzTrader