Page 29 | Ideas and Forecasts on Currencies — TradingView

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USDJPY Approaching Major Resistance -Watching for Potential Bear USDJPY has rallied back into a significant resistance region after recovering from the recent decline. Price is currently testing the confluence of a descending trendline, horizontal resistance near 158.25-158.30, and a previous rejection area, creating an important decision zone for the market. From a technical perspective, the pair remains trapped within a broader corrective structure. The repeated reactions from the descending trendline suggest that sellers continue to defend this area, whil

by limitlesszayra

GBPUSD Breaking Out of Compression While Buyers Target Higher GBPUSD has recently pushed above a descending trendline that had been capping price for several weeks, signaling a potential shift in short-term market structure. Following a period of consolidation and repeated reactions from key support levels, buyers are beginning to regain momentum as price approaches an important resistance zone around 1.3490. Fundamentally, GBPUSD can be influenced by changes in Bank of England policy expectations, Federal Reserve interest-rate outlook, inflation data, la

by limitlesszayra

GBPUSD on target trend line was breached. fortunately having noticed the side ways move before the breach. i was able to enter earlier and reduce the risk with SL moved to 1.33308. its time to scale up and and take another position for higher!!

Could we see a reversal from here?Cable (GBP/USD) is rising toward the pivot which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse toward the 1st support which acts as an overlap support. Pivot: 1.3426 1st Support: 1.3284 1st Resistance: 1.3558 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other informatio

CHFJPY Long Opportunity in Bullish Continuation Pattern Ascending channel pattern No RSI divergence Entry above breakout from channel top SL below last low TP at RR1

Pullback to resistance?Fiber (EUR/USD) is rising toward the pivot, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse toward the 1st support. Pivot: 1.1324 1st Support: 1.1085 1st Resistance: 1.1463 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sit

USDJPY Returns to 158.00 — Can Buyers Sustain the Recovery?Market Structure USDJPY has developed a short-term recovery within its broader trading range on the 4-hour chart. The rebound from the late-October low near 156.10 reached the 158.00 area before pulling back. Buyers then defended a higher low around 157.00–157.20 and have lifted price back toward 157.94. The local structure has improved, but a sustained breakout above recent resistance remains unconfirmed. Market Sentiment - Cautiously Bullish Price action suggests cautiously bullish short

by Yong-BlueMoon

GBPNZD Long oportunity in Bullish Continuation Pattern Breakout from bullish rectangle No RSI divergence Instant buy order SL below rectangle bottom TP at RR1

Buys Price at psychological level 175.000 The psychological level is exactly at the strong turning point .382 on the fib Trend Line lines up exactly at that level Pin bar rejection exactly off of the level

by sylvesterpeck22

CHFTHB Outlook — 2 November 2026 Swiss Franc / Thai Baht Analysis The Swiss franc is steady, with USD/CHF around 0.8249, while a weaker baht is supporting CHFTHB. Watch Swiss Manufacturing PMI on 2 November at 15:30 Thai time (previous 55.3) and Swiss CPI on 3 November at 14:30, which UniCredit expects at 1.2% from 1.0%. On the 1H chart, price is holding above support at 40.87/40.83 with scope to test resistance at 41.00/41.10. Consider Buy on Dip near 40.87, targeting 41.00. Trading Setup Outlook: Sideways Up Strategy: B

AUDUSD (Short)Seems like AUDUSD failed to continue going higher so looking for sells on this pair to take out the lows now and to fill imbalances. Looking for buys around 0.69700. I do think price will continue going up after going down there, but we don't have to predict it we can wait for price to confirm it when price reacts and the pattern presents itself.

GBPTHB Outlook — 2 November 2026 British Pound / Thai Baht Analysis GBP/USD is steady around 1.3380–1.3389 ahead of the BoE meeting. Markets expect a hike to 4.00% from 3.75%, with a 7-0-2 vote split expected versus 3-0-6 last time. The BoE decision is due on 5 November at 19:00 Thai time, followed by Governor Bailey's press conference at 19:30. On the 1H chart, price is holding above support at 45.15/45.10 and edging up to test resistance at 45.25. Consider Buy on Dip near 45.15, targeting 45.25. Trading Setup Outlook: S

AUDTHB Outlook — 2 November 2026 Australian Dollar / Thai Baht Analysis AUD/USD is fluctuating around 0.7030 amid risk-off sentiment ahead of the RBA meeting. Markets expect a 0.25% hike to 4.85% from 4.60%, along with new economic forecasts. The RBA decision is due on 3 November at 10:30 Thai time, with the press conference at 11:30. On the 1H chart, price is weakening below resistance at 23.75/23.80 and heading toward support at 23.70/23.65. Consider Sell on Rally near 23.75, targeting 23.65. Trading Setup Outlook: Side

EURTHB Outlook — 2 November 2026 Euro / Thai Baht Analysis The euro is steady, with EUR/USD around 1.1164 after Friday's close at 1.1157, while a weaker baht is supporting EURTHB. Watch eurozone flash CPI on 4 November at 17:00 Thai time, expected at 3.9% from 3.8%, and remarks from President Lagarde on 6 November at 01:00. On the 1H chart, price is holding above support at 37.65/37.60 with scope to test resistance at 37.73/37.78. Consider Buy on Dip near 37.65, targeting 37.73. Trading Setup Outlook: Sideways Up Strategy

USDTHB Outlook — 2 November 2026 US Dollar / Thai Baht Analysis The baht opened at 33.77, weakening from 33.69, as the dollar firmed on risk-off sentiment ahead of the US midterm elections on 3 November. Watch US ISM Manufacturing on 2 November at 22:00 Thai time, expected at 54.7, followed by Nonfarm Payrolls on 6 November at 20:30. On the 1H chart, price is holding above support at 33.75/33.70 and moving up to test resistance at 33.80/33.85. Consider Buy on Dip near 33.75, targeting 33.80. Trading Setup Outlook: Sideway

EURUSD Long Opportunity in Bullish Reversal Double bottom Bullish RSI divergence Entry above breakout of neckline SL below double bottom TP at RR1

GBPUSD Long Opportunity in Bullish Reversal Double bottom Bullish RSI divergence Entry above breakout of neckline SL below double bottom TP at RR1

USDCHF Long Opportunity in Bullish Continuation Pattern Dow theory Series of HHs and HLs Ascending channel continuation pattern No bearish RSI divergence Entry at 0.5 fib SL below last HL TP at RR1

USDCAD Short Oppurtunity in Bearish Reversal Pattern Double top Bearish divergence Entry below neckline SL above double top TP at RR2 (reversal after a long rally)

GBPNZD Short Opportunity in Bearish Reversal Double top Bearish divergence Entry below neckline SL above double top TP at RR1

EURAUD Long Opportunity in Bullish Reversal Trade Double bottom Bullish divergence Risk 0.5% Entry on breakout above neckline SL below double bottom TP at RR1

GBPAUD Long Opportunity in Bullish Reversal Double bottom Bullish divergence Risk 0.5% Entry on breakout above neckline SL below double bottom TP at RR1

GBPUSD Pulls Back — Can Buyers Reclaim 1.3400?Market Structure GBPUSD retains its recovery from the mid-October low, but the latest advance has met resistance on the 4-hour chart. After rebounding sharply from approximately 1.3275, price briefly exceeded the previous October high before retreating from the 1.3430 area. The pair is now around 1.33817. Buyers have recovered substantial ground, although the brief new high has not developed into a sustained breakout. Market Sentiment - Cautiously Bullish Price action suggests cautiously b

by Yong-BlueMoon

CADCHF Long Opportunity in Dow Theory Play Dow theory Series of HHs and HLs CMP has tested 0.618 fib from last HL No RSI divergence Entry on CMP SL at last HL TP at RR1