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EURUSD – The Recovery Still Looks FragileFrom both a technical and fundamental perspective, EURUSD still does not give me enough reason to turn bullish. On the H4 chart, the broader structure remains bearish, with price moving inside a descending channel and continuing to form lower highs. Fundamentally, although the US dollar has lost some momentum as expectations for an immediate Fed rate hike in October have eased, the euro still lacks a strong catalyst of its own. On the European side, concerns surrounding French fiscal conditions
Short
by Paradise_Noir
Can Rupee strengthen further?Rupee has gained almost 2% from its recent peak of 96.85, amid the slew of measures announced by the RBI to curb the speculative trading in the forex markets. Currently it is trading near its 30 Weekly EMA level of 94.6580. Historically, a close below 30WEMA caused rupee to strengthen/consolidate for some time. Given the RBI commitment to take additional measures to protect rupee, as and when required, suggests there is a scope for consolidation/strengthening of the same (Though in long-term thi
by jayaprakash99
EURUSD 4H ~ Bullish Reaction From Demand ZoneEURUSD has been trading within a clear bearish structure, but price is now approaching a previously respected 4H demand area. The current setup is based on a potential bullish reaction from this zone. Price has already shown rejection from the lower area and is attempting to establish support around the marked level. The main confirmation for the bullish scenario would be continued acceptance above the demand zone and a break of the nearby short-term structure. If that occurs, the next signifi
Long
by Scalper_San
Potential E/U Reversal?Price has been continuously pushing down since past few weeks and now by looking at 4H chart data you can see it’s failing to push the price down. It has pretty much consolidated in past few days. Since it’s failing to create lower lows we might be seeing price taking support from daily or weekly fvg and continue it’s downside rally or it can do so directly also without retesting daily or weekly fvg. On the contrary we might be seeing complete reversal by creating higher highs and higher lows.
by Siddhantmhaiske
2
USDINR — Week 41 Structural Analysis | Structural AdvanceUSDINR — Week 41 Structural Analysis | Structural Advance Above Resistance LTP/CMP: 96.7800 Introduction USDINR maintains its Structural Advance above the established Resistance Zone. The latest displayed price is 96.7800, above the 94.50–95.50 Resistance range. The current structural position remains intact. The key task is to observe whether price continues to sustain acceptance above Resistance, while keeping the established Pivot and Support references available for reassessment if condi
by kacraj
2
WaveTalks - When EURUSD Tops at 1.20828, Nifty Drops 4,000+ PtsCompliance & Registration Details Research Analyst Name: Abhishek H Singh Proprietor of WaveTalks SEBI Registration No: INH000030092 BSE / BASL Enlistment No:7505 Statutory Disclosure: "Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, enlistment with BSE/BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors."
by WaveTalks
100 on cards for USDINR?Rupee has been trading in the consolidation range of 94-96.70, in the last couple of months. Although the dollar inflows from FCNR(B) were quite robust, the ongoing US-Iran war which keeping the crude at higher levels, higher bond yields across the developed markets and, the lack of hot sectors such as AI and semiconductors kept the FII outflows intact. Though FDI inflows have been good, this is not helping to sustain the rupee levels. As the rate hike cycle beginning across the DMs as well as i
by jayaprakash99
USDCAD – Demand Zone Sparks Bullish ReversalUSDCAD continues to respect a descending channel after completing a strong Wave (3) advance, suggesting the current move is a Wave (4) correction. The currency has tested the lower boundary of the channel near 1.4118, where buyers are attempting to defend support. Wave (4) occurred near the previous wave 4 of the smaller degree, which validates the possibility of a reversal. Bulls have the potential to push the price up to 127.2 % at 1.4284 (Rev. Fib). I will update soon. By @BrightRally_R
Long
by BrightRally_Research
EUR/AUD: Final Wave E Could Set Up a Bullish ReversalEUR/AUD appears to be completing a contracting triangle, with Wave E potentially forming near the upper boundary around 1.6500 . The recent weakness suggests that the final corrective leg may still have room to develop. The key downside area is around 1.6030, which aligns with the 1.272 Fibonacci extension and could act as a potential reversal zone. If price reaches this support area and shows a bullish reaction, the triangle correction could be considered complete, opening the door for a la
by BrightRally_Research
EUR/USD Pushes Deep Into Oversold TerritoryEUR/USD has fallen relentlessly over recent weeks, with the latest leg taking price through an important area of support and pushing daily RSI deep into oversold territory. Whilst dominant momentum remains bearish, recent price action around the latest lows is beginning to become less one-sided… Momentum stretches after support gives way The pace of the decline has increased considerably since EUR/USD rolled over in early September. The 9 and 21-day EMAs have turned sharply lower, with pr
by Capital.com
From Rejection to ReversalReversal patterns often look obvious with hindsight. Once price has moved decisively in the opposite direction, it is easy to return to the high or low and identify the candle that appeared to mark the turning point. In real time, the picture is rarely so clear. A rejection can be the beginning of a reversal, but it can just as easily become another pullback within the existing trend. Recent price action in EUR/USD provides a useful example of how the evidence can build from an initial rejectio
Education
by Capital.com
AUDJPY |downtrend Channel BreakoutAUDJPY | Channel Breakout, Wait for CHoCH Confirmation AUDJPY is showing a potential bullish reversal setup on the 30-minute timeframe. After trading inside a descending channel, price has broken above the upper trendline and is now approaching a key CHoCH (Change of Character) level that could confirm a shift in market structure. Trade Setup 📈 Entry: 109.80 - 109.90 🎯 Target: 111.80 🛑 Stop Loss: 109.30 Key Points: ✅ Descending channel breakout signals weakening bearish momentum ✅ Price form
Long
by Dinesh_Kryptonian
EURUSD – Dollar Strength Still Sets the DirectionConsidering both the news backdrop and the technical structure, I remain bearish on EURUSD. What stands out to me is not only the continued sequence of lower highs and lower lows, but also the relative advantage the U.S. dollar continues to hold as U.S. Treasury yields remain elevated. The euro has received a few positive catalysts, but so far they have mainly produced short-term recoveries rather than a meaningful change in the broader trend. From a fundamental perspective, rising Eurozone i
Short
by Paradise_Noir