USDJPY: One Level Could Change Everything!USDJPY is getting close to a possible daily top, and 157.53 could decide what happens next.
After the recent bounce, buyers are trying to keep the rally alive. But price is approaching an area where another move lower could begin.
Here's what I'm watching. 👇
🔴 BELOW 157.53 — WATCH FOR A DROP
If USDJPY closes below 157.53 on the daily chart, that would be a bearish signal for me.
The first level I'm watching on the way down is 156.78.
If selling picks up, price could even break below 156.07
Forex market
EURUSD: Market Punishes the Buck Amid Democratic Midterm WinsEUR/USD rises above 1.12 after the midterms as the market sells the dollar
Ion Jauregui, ActivTrades analyst
The euro advanced against the dollar during Wednesday’s Asian session, after the results of the US midterm elections pointed to strong Democratic gains and increased expectations of political gridlock in Washington.
EUR/USD temporarily moved above the 1.1260 area before giving back part of the gains and trading around 1.1240. The move was accompanied by a decline of around 0.6% in the
GBP/AUD Has Potential to Continue Its RiseThe bias for GBP/AUD FX_IDC:GBPAUD on the H4 timeframe remains BULLISH, supported by a structure of higher highs and higher lows, a successful breakout above previous resistance, and strong RSI momentum.
However, the price is currently within a supply area and has begun to show signs of rejection after touching 1.9362. This increases the likelihood of a technical pullback before any further upward movement.
- Outlook: Bullish Continuation
- Bullish confirmation: A rebound from the 1.9220–1.
EURUSD: Mapping the Route From Channel Support to 1.1250Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a downward channel before entering a range and then forming an upward channel. Price then tested the Support Zone near 1.1160 with breakouts and rebounded, showing signs of buyers defending support.
Currently, EURUSD is trading below the 1.1250 Resistance Zone while holding above the 1.1160 Support Zone and the upward channel. The recent rebound from support suggests buyers may a
GBP/USD - Bullish Flag & Fibonacci Golden PocketGBP/USD is currently retracing after a strong bullish impulse on the 4H timeframe. Price is approaching the 0.382–0.5 Fibonacci retracement zone, which aligns with a previous support area and could act as a potential reaction zone.
Key technical observations:
Fibonacci levels: The 0.382 level is the first area to watch, while the 0.5 level provides a deeper pullback zone. A bullish reaction from this area could support continuation of the previous upward move.
Flag pattern: The recent
EUR/USD: Weak High Under Pressure.Bullish BOS & Liquidity SetupMarket Thesis:
EUR/USD | 15-Minute Timeframe | Current Price: 1.12591
EUR/USD maintains a bullish market structure, supported by two confirmed LuxAlgo Breaks of Structure (BOS) and a strong impulsive expansion from the 1.11870 demand region.
Price is now approaching the Weak High near 1.12630, where buy-side liquidity becomes the immediate focus. Bullish continuation remains favored while the highlighted demand zones hold, but a liquidity sweep followed by rejection could trigger a corrective
AUDJPY| Pressure Builds Before the MoveHi,
AUDJPY is bullish on the H1 timeframe, but buyers are struggling to push price higher within the 110.602–110.889 range due to selling pressure around the 111.041 level.
Buying pressure appears to be building within this range, with sellers struggling to absorb the bullish momentum. This creates a risky scenario, as price could either break out of the range or make a sharp spike lower before pushing higher.
However, the overall trend remains bullish. The key upside targets are 111.562 and
EUR/USD, GBP/USD and USD/JPY all move most at 10:00 New YorkWhich hour of the day does your forex pair move most? We measured the three biggest, EUR/USD, GBP/USD and USD/JPY, hour by hour over the last year.
What we measured
OANDA 1 hour candles from TradingView, 14 October 2025 to 14 October 2026, with the year before beside it. An hour's move is how far the close moved from the previous close. For each pair and each hour of the day, in New York time, the median move. New York time keeps the London open at 03:00 and the New York open at 09:30 all ye
The Importance of the 1.1270 Level for EUR/USD!The attached chart highlights the significant role of the 1.1270 level in EUR/USD price movements. A break above this level could signal a positive outlook for the currency pair. We will therefore treat this level as a key resistance that needs to be breached to confirm the bullish outlook, while keeping the following technical points in mind:
A positive divergence is evident when comparing the price chart with the Relative Strength Index (RSI). The RSI is forming higher lows, while price act
AUDUSD Is Very Bullish! Buy!
Take a look at our analysis for AUDUSD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.700.
The above observations make me that the market will inevitably achieve 0.704 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
USDJPY – Sellers Are Getting CloserUSDJPY is still trading at elevated levels, but what stands out is its inability to break away from the 157–159 area after several weeks. On the 8H chart, 158.5–159.0 sits just below a long-term resistance line and continues to limit every attempt higher. With the USD still supported but USDJPY struggling to build further momentum, I see the upside becoming less attractive from here.
This becomes even more interesting as the story around the JPY begins to change. The BoJ is taking a more hawkis
EUR/USD SHORT FROM RESISTANCE
EUR/USD SIGNAL
Trade Direction: short
Entry Level: 1.123
Target Level: 1.119
Stop Loss: 1.126
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPUSD 4H — Breakout Above Key Resistance Changes Market StructuGBPUSD has made a strong recovery from the 1.3280 supply-and-demand area and has now pushed above a resistance zone that previously rejected price.
The breakout around 1.3401 marks an important development on the 4-hour chart. Price is currently trading near 1.3427, with buyers attempting to maintain control above the former resistance.
A pullback toward 1.3401 could provide an opportunity to assess whether this level is attracting fresh buying interest. If the breakout holds, the next upside
GBPAUD D1 – Bearish Reversal at ResistanceGBPAUD is approaching a major resistance zone after a strong bullish recovery within an ascending channel. Price is showing potential rejection near previous resistance, creating an opportunity for a bearish reversal. A downside move towards channel support is possible, with confirmation needed before considering short positions.
EURUSD Market Outlook, November 04, 2026As outlined in the previous market outlook, price has now established a clear bullish direction, potentially influenced by the outcome of the U.S. midterm elections. Price is no longer respecting the premium zone, suggesting a shift in market dynamics. The current expectation is for bullish continuation, with price targeting the H4 swing high.
Fundamental Market Analysis for November 4, 2026 GBPUSDFor the pound, the key domestic factor remains tomorrow's Bank of England meeting. Economists expect a rate hike from 3.75% to 4.00% amid inflationary pressures. This is currently a forecast, not an adopted decision. Nevertheless, the expectation of higher yields on British assets helps the currency maintain investor interest ahead of the meeting results announcement.
UK inflation at 3.5% is combined with an economy that has proven more resilient than expected and signs of labor market stabiliz























