Forex market
CHFJPY Will Go Down From Resistance! Short!
Here is our detailed technical review for CHFJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 200.859.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 200.296 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 traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDCAD Will Go Higher! Long!
Take a look at our analysis for AUDCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.980.
The above observations make me that the market will inevitably achieve 0.981 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.
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NZD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 94.242 level.
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USDCHF – 1H Rejection Suggests Pullback Toward Key Support🔍 Market Overview
USDCHF is currently trading inside a short-term recovery, but price is now approaching an area where sellers may regain control.
On the 1-hour chart, the pair has already bounced from the 0.8020–0.8030 demand zone, yet the upside remains limited so far, and the latest structure suggests that this rebound may start losing momentum.
The current area around 0.8080 is important because price is struggling to extend higher, while the next resistance sits near 0.8110–0.8115.
📉 Bearish Scenario
As long as price remains below 0.8115, the preferred scenario is a corrective move lower.
A rejection from the current region could open the way toward:
0.8060 as the first intraday support
0.8045 as an intermediate downside level
0.8028–0.8020 as the main support / target zone
This lower area is a significant demand zone on the chart and may attract buyers again if revisited.
📈 Bullish Scenario
If buyers manage to push price above 0.8115, the bearish idea would weaken.
In that case, USDCHF could continue higher toward:
0.8130
0.8150
A breakout above the local resistance would suggest that the short-term bullish correction is still active.
🎯 Our View
At the moment, this looks like a sell-the-rally setup, with price trading below a key short-term resistance area.
So the main view is:
Below 0.8115 → pullback toward 0.8028 remains possible
Above 0.8115 → short idea is invalidated and bullish continuation may develop
NZDUSD: A Sell Pullback, Before BreakoutNZDUSD is on bullish momentum. The pair have been trending partially on Higher highs and lows, for a couple of days now, in respect to the structure. Price approaches the bottom resistance level, as we anticipate a short term sell retracement.
A confirmed pullback between at this point, triggers a sell position down to 0.5776, as next potential bearish.
Thanks for reading.
USDCAD – Rebound Setup Inside a Broader Downtrend🔍 Market Overview
USDCAD remains under clear bearish pressure, with price continuing to print lower highs and lower lows after the recent decline from the 1.4200 area.
However, after this aggressive selloff, price is now stabilizing around the 1.4030 support zone, where short-term sellers may start taking profit and buyers could attempt a corrective rebound.
📈 Bullish Scenario
If 1.4030–1.4000 continues to hold as support, USDCAD may attempt a recovery toward:
1.4065 as the first short-term resistance
1.4080–1.4090 as the main upside target
Potential extension toward 1.4110 if momentum improves
This would still be considered a corrective bounce unless price starts reclaiming higher resistance levels more decisively.
📉 Bearish Scenario
If price loses the 1.4030 support and especially breaks below 1.4000, the broader downtrend may continue.
In that case, the next downside move could open the way toward:
1.3980
and possibly deeper continuation if bearish momentum accelerates
A breakdown below the recent base would invalidate the rebound idea.
🎯 Our View
At the moment, the broader structure is still bearish, but the pair is sitting on an important short-term support area.
Because of that, a technical bounce remains possible, with 1.4080 as the main recovery target, while 1.4000 remains the key invalidation level.
So in short:
Above 1.4030 → rebound scenario stays valid
Below 1.4000 → bearish continuation becomes more likely
EURCHF: Another Bullish Wave Ahead 🇪🇺🇨🇭
EURCHF retraced strongly after the last bullish break of structure on a daily.
The price has respected a strong horizontal support cluster.
Probabilities are high that a strong bullish movement will follow soon.
The next goal for buyers is 0.929
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CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
CAD/JPY SIGNAL
Trade Direction: short
Entry Level: 115.690
Target Level: 115.398
Stop Loss: 115.881
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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AUDUSD: Bearish Drop to 0.668?As the previous analysis worked exactly as predicted, FX:AUDUSD is eyeing a bearish reversal on the 4-hour chart , with price testing resistance after forming lower highs, converging with a potential entry zone that could trigger downside momentum if sellers defend amid recent volatility. This setup suggests a pullback opportunity in the uptrend, targeting lower support levels with close to 1:5.5 risk-reward overall.🔥
Entry between 0.702–0.704 (entry from current price with proper risk management is recommended). Targets at 0.676 (first), 0.668 (second). Set a stop loss at a daily close above 0.709 , yielding a risk-reward ratio of close to 1:5.5 overall . Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging the pair's weakness near resistance.🌟
📝 Trade Setup
🎯 Entry (Short):
0.7020 – 0.7040
(Entry from current price is valid with proper risk & position sizing.)
🎯 Targets:
• 0.6760 (First Target)
• 0.6680 (Final Target)
❌ Stop Loss:
• Daily close above 0.7090
⚖️ Risk-to-Reward:
• ~ 1:5.5 Overall
💡 Does AUDUSD reject the 0.7020–0.7040 resistance zone and decline toward 0.6760 and 0.6680, or will buyers break higher and extend the current recovery? 👇
EURUSD Turtle Soup ReversalEURUSD has swept short-term sell-side liquidity and is now reacting from a precision breaker while respecting a nearby Fair Value Gap. If buyers continue to defend this area, the next objective is the cluster of buy-side liquidity resting overhead.
A classic Turtle Soup setup in the making.
Market Structure
• Sell-side liquidity has already been raided.
• Price is reacting from a precision breaker.
• A nearby FVG offers additional confluence.
• Buy-side liquidity remains the primary draw.
Bullish Scenario
🟢 Hold above the breaker after the liquidity sweep.
🟢 Look for bullish displacement through the FVG.
🎯 TP1: Internal buy-side liquidity.
🎯 TP2: External buy-side liquidity.
🎯 Final Target: Major buy-side liquidity (BSL).
Execution Plan
✅ Wait for confirmation above the breaker.
✅ Use the FVG as the decision point.
🛑 Invalidation below the Turtle Soup low.
🎯 Scale profits into each liquidity objective.
Liquidity creates the setup. Confirmation triggers the trade.
Not financial advice. Trade your own plan.
USDJPY Analysis: High-Risk Zone as BOJ Signals InterventionUSDJPY Analysis: High-Risk Zone as BOJ Signals Intervention
I know this is getting old and boring considering the BOJ is constantly sending out messages about possible intervention in Forex.
Yesterday they sent out another message warning about intervention in Forex. Many expect USDJPY to fly higher, but in my opinion we should be careful when the BOJ speaks.
It is impossible to know when they might act again, but considering that they have already intervened in the current zone, the chances are very high that this is the zone where they could make a small or larger intervention again.
The problem is that this will happen as soon as we give up and it carries a high risk.
Main objectives according to the strength of the intervention:
162.20
157.90
155.50
152.30
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
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Fundamental Market Analysis for July 17, 2026 EURUSDThe euro enters the session without sustained support from the eurozone economy. A decline in industrial production has reinforced doubts about the strength of the recovery, while higher European gas prices have revived concerns about pressure on business activity and household spending. Expectations of a firmer ECB stance are partly limiting euro selling but have yet to generate a strong local catalyst.
The main factor supporting the US dollar today is the combination of a resilient US labor market and stronger demand for defensive assets. A decline in jobless claims confirmed continued stability in employment, while escalating tensions between the United States and Iran are supporting the American currency. Softer inflation has reduced the likelihood of an imminent Federal Reserve rate increase, leaving the dollar’s advantage moderate.
When comparing the two currencies, the euro appears more vulnerable in the short term. Energy-related risks have a greater impact on the eurozone economy, while resilient demand and employment in the United States limit the scope for a reassessment of the dollar outlook. If cautious market sentiment and pressure from energy prices persist, the baseline scenario allows for a decline in EUR/USD during the current session.
Trading idea: SELL 1.14350, SL 1.14600, TP 1.13750
GBPCAD: Bearish Drop to 1.8887?FX:GBPCAD is eyeing a bearish reversal on the 4-hour chart , with price testing resistance near the upper boundary of the recent range, converging with a potential entry zone that could trigger downside momentum if sellers defend amid volatility. This setup suggests a pullback opportunity, targeting lower support levels with 1:5 risk-reward .🔥
Entry between 1.9024–1.9036 (entry from current price with proper risk management is recommended). Target at 1.8887 . Set a stop loss at a daily close above 1.9050 , yielding a risk-reward ratio of 1:5 . Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging the pair's weakness near resistance.🌟
Fundamentally , GBPCAD is trading around 1.902 in July 10, 2026.
For the British Pound, today's key release is the BoE Governor Bailey Speech (if scheduled) or latest inflation-related comments, where any hawkish tone could support GBP, while dovish signals would weigh on it.
For the Canadian Dollar, the most important data today is the Canadian Employment Change and Unemployment Rate (July 10), where stronger job gains would strengthen CAD and support bearish pressure on GBPCAD.
Overall, soft Canadian labor data versus mixed UK signals could influence the pair's direction today. 💡
📝 Trade Setup
🎯 Entry (Short):
1.9024 – 1.9036
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 1.8887
❌ Stop Loss:
• Daily close above 1.9050
⚖️ Risk-to-Reward:
• 1:5
💡 Does GBPCAD reject the 1.9024–1.9036 resistance zone and decline toward 1.8887, or will buyers break above the range and extend the recovery? 👇
EURCAD: Strong Bullish Price Action 🇪🇺🇨🇦
EURCAD looks bullish after a confirmed bearish trap below a solid
intraday horizontal support cluster.
A breakout of a resistance line of a bullish flag pattern confirms
a strong buying interest.
The price will likely reach 1.6078 level soon.
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