Forex market
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/JPY | Chart Pattern, Key Zone & Order BlockGBP/JPY | Chart Pattern, Key Zone & Order Block
GBP/JPY is trading on the 4-hour chart inside a well-defined symmetrical triangle. The descending resistance trendline and rising support trendline are squeezing price into a narrowing range, signaling that a decisive move is approaching.
The primary setup favors a downside breakout. A strong 4-hour candle close below the rising triangle support near 210.00, followed by a failed retest, would confirm the bearish continuation. Once support gives w
GBPUSD: Big Rally or Major Reversal?GBPUSD is getting close to a major decision point, and the next move could be a big one.
The pound has been recovering nicely from its October lows, and the weekly chart still shows room for more upside.
But here's the catch: we're also getting closer to an area where a major weekly top could form.
So, is GBPUSD about to take off or turn lower?
Two Levels I'm Watching Closely
1.3484 — The First Big Test
If GBPUSD closes above 1.3484 on the daily chart, buyers could gain momentum and p
Potential bullish setup on USDCHFPrice is currently trading around the 4hrs demand level, we saw a reaction from the level which indicates that price was ready to move higher. price later gave us a confirmation by reacting from the freshly created demand on the 2hrs TF. if price continues to respect said demand level we may potentially see more bullish movement on this pair.
USD/CHF: A Pullback Toward Channel Support? 📉
USD/CHF remains inside a well-established ascending channel, but the recent price action suggests that a deeper pullback could be ahead. 🔍
After reaching the 0.8350 area, the pair lost momentum and moved back toward 0.8250. The chart suggests that a short-term bounce toward 0.8290–0.8300 could come first, followed by another leg lower.
🎯 Key areas to watch:
🔹 0.8290–0.8300 — potential area for a short-term rebound
🔹 0.8190 — an intermediate downside level
🔹 0.8120–0.8150 — the projected su
NZDUSD: A Big Move Is Coming? CopyNZDUSD is at an interesting turning point, and the next few daily closes could tell us a lot.
I'm still seeing potential for a move higher, but buyers have some work to do first.
Here's what I'm watching. 👇
📈 Weekly Chart: Can Buyers Take Back Control?
NZDUSD bounced from the 0.5565 area, but the latest pullback shows that buyers aren't fully in control yet.
The key level on my weekly chart is 0.5699.
A weekly close above 0.5699 would strengthen my bullish outlook and open the door for
USDJPY: Is a Big Drop Coming?USDJPY could be setting up for another rally. But I think we might see one more drop first.
The weekly chart is still undecided, and the daily chart is showing signs of short-term weakness.
Here's what I'm watching.
🔴 First, we could see more selling.
USDJPY may continue moving lower for another 1–2 trading days.
If buyers can't push price back above 157.90 and get a daily close there, we could see another drop, potentially breaking the recent low.
The downside levels I'm watching:
•
USDCAD: Is This a Trap or a Bottom?USDCAD has been falling for weeks, but something interesting is happening on the daily chart.
We may be getting close to a bottom. The problem? The weekly chart isn't convinced yet. 👀
Here's what I'm watching.
📉 Weekly Chart: Sellers Still Have the Edge
USDCAD is still moving lower, but the selling hasn't picked up much strength.
1.3902 is the big level for me.
If we get a weekly close below 1.3902, the decline could pick up speed.
If price stays above it, I still see a chance for a rec
NZDCHF Will Fall! Short!
Please, check our technical outlook for NZDCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.464.
The above observations make me that the market will inevitably achieve 0.463 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is trade
EURUSD London open: two Mentors read down after drop to 1.1191Live read on EURUSD (15m), taken at 09:20 London time on 23 Oct. The current 15m candle is still open, so treat these as working levels, not fixed ones.
What the chart shows
- Trend Mentor: "Down, strong". Why: "averages and Supertrend point down." It also says "The 1H and 1D agree, so this move has the bigger picture behind it." Its Wrong if line is a close above 1.12115.
- Regime Mentor: "Down, slight". Why: "a clean, steady trend down." Its risk line is honest about how young this is: "a new
AUD/NZD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
AUD/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.237 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my ana
GBP/JPY Analysis:GBP/JPY Analysis:
Scenario: A continuation of the immediate bullish momentum to break through the recent high (a "Buy-Side Liquidity Sweep"), with expectations for price expansion and high volatility throughout this week’s trading.
Condition: Strictly base your entries on confirmation from lower timeframes (LTF Confirmation) to avoid traps and false moves.
AUDUSD: Q4 Outlook, Sell the Premium?📍 Where price is
• Broke below the rising channel that held all year
• Pulled back into premium and retested the broken channel border
→ Premium = the upper half of the 1D swing, where price is expensive
• Rejected from the POI at the 50% level, 0.70660
→ POI (Point of Interest) = the zone where sellers are expected to defend
📅 Fundamentals: two hawkish central banks
• USD: the Fed held, but markets price a December hike
→ If DXY stays positive, AUDUSD is pushed lower
• AUD: Australian CP
GBPUSD Possible SenarionFX_IDC:GBPUSD GBP/USD | Bullish Channel – AB=CD Pattern
On the GBP/USD chart, we can clearly identify a well-defined ascending channel. An AB=CD harmonic pattern has also formed, and price has shown a strong positive reaction at the lower boundary of the channel, aligning with the completion of the pattern at point D. Following this reaction, price has started moving upward.
Currently, price is approaching a resistance zone. Therefore, we may expect a short-term correction, potentially follow
GBPUSD Daily: MSS confirmed, targeting buyside liquidityGBP has been bearish since the August high. In October it put in a base around 1.3180–1.3200 (TS). The last push lower swept the sell-side below that base with a long wick, then closed back inside the range.
After the sweep, price displaced up and broke the internal high at about 1.3310, a bullish market structure shift (MSS). The pullback that followed held, and price is pushing higher again.
The shaded zone at 1.3345–1.3375 is the area I'm watching. I expect a retrace into it, with the midpo
EURUSD 8H: Sell-side swept, eyes on buyside liquidityAfter a long bearish leg from September, price has been ranging between roughly 1.1110 and 1.1270 since early October. The lows near 1.1115 (TS) have been run, and the sell-side resting under the range was taken with a long wick, without acceptance below.
Price pushed back up into the OB around 1.1175 and is now pulling back. I'm expecting one more dip into the 1.1130 area to rebalance and grab any remaining liquidity above TS, and then displacement higher.
Targets:
- 1.1285: first buyside li
AUDUSD 1H: 9 Wins, 3 Losses — Following the TrendAUDUSD has shown an interesting transition over the past two weeks. After a strong bearish move, the market found support, recovered, and eventually broke above the 200 EMA, indicating a potential shift toward bullish momentum.
Using Ryan-Trend Pulse on the 1-hour timeframe, the strategy recorded some encouraging results.
📊 Performance Snapshot
✅ Winning trades: 9
❌ Losing trades: 3
📈 Total trades: 12
⚙️ Trading Strategy
1. 200 EMA — Trend Confirmation
Long: Look for buying oppor
Bearish Structure Continues — May 2025 Liquidity in FocusMonthly Chart — Bearish October Close
EURUSD closed October with a bearish monthly candle after testing the previous monthly bearish Fair Value Gap (FVG) and subsequently continuing lower.
The rejection from this higher-timeframe imbalance supports the prevailing bearish momentum.
As we enter November, my attention turns toward the May 2025 swing low and associated liquidity pool around 1.1060.
Should bearish momentum continue, this area could become the next significant downside objective.
GBPGPY FOR 1ST WEEK 11-2026Price: 210.987
Bias: Bearish short-term (below the 15M descending trendline)
=== SCENARIO 1 (Best): Sell from supply zone ===
Sell entry: 211.050 - 211.110 (15/Sell Internal Liquidity)
Stop loss: 211.350 (above buy-side liquidity 211.333)
Target 1: 210.681
Target 2: 210.479
Target 3: 210.292
Target 4: 210.122
Entry condition: Rejection candle (Pin Bar / Bearish Engulfing) inside the zone
=== SCENARIO 2: Sell on support break ===
Sell entry: M15 candle close below 210.850
Stop loss: 211.120
Tar
USDCAD — Bearish Outlook📉 USDCAD — Sellers Eye a Deeper Decline
USDCAD is on the bearish watchlist, with the selling scenario focused on a potential reversal toward lower price levels. The key question is whether sellers can maintain pressure and prevent the pair from extending its recent upward movement.
The Canadian dollar has recently strengthened against its US counterpart, supported by renewed expectations surrounding the Bank of Canada's monetary policy. This has helped place USDCAD under downward pressure, alt























