Forex market
USDCAD Favors Further Weakness in a 3-Wave Zigzag PatternUSDCAD continues to develop a double three, or double zigzag, corrective Elliott Wave rally from the January 30, 2026 low. The initial advance in wave (W) completed at 1.42482 before the pair entered a corrective decline in wave (X), which ended at 1.3732. From that low, the market resumed its advance in wave (Y). The structure of wave (Y) is unfolding as a zigzag Elliott Wave pattern, suggesting that the broader recovery remains incomplete.
Within wave (Y), wave A finished at 1.4300. The pair
NZ Voting Has Begun. Is NZD/USD Ready to Move?New Zealanders are already voting, but the next government remains uncertain.
Advance voting began on October 26, ahead of election day on November 7. For NZD/USD traders, conflicting polls and possible coalition negotiations could keep volatility high.
A daily close above 0.5660 could improve the recovery outlook, with 0.5700–0.5710 a potential resistance zone. Holding above that area could provide stronger evidence that selling pressure is easing. RSI is around 41, below the neutral 50 le
EURUSD ICT Market Structure and Bullish Reversal SetupThis EURUSD chart presents a technical market analysis based on ICT and Smart Money Concepts (SMC), highlighting key support and resistance levels, supply and demand zones, liquidity areas, and a potential bullish reversal scenario.
Price has been moving within a broader bearish structure, with the descending trendline acting as dynamic resistance. The market is approaching an important support area around 1.1103, where a potential reaction could determine the next directional move. Traders sho
audjpy sell . Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USD/JPY Bears Eye 157 Ahead of BOJ MeetingThe weekly chart shows two lower highs have formed on USD/JPY, the most recent of which snapped a four-week rally that was already losing bullish momentum.
While the daily chart has seen prices retrace higher, USD/JPY is now stuck between the 200-day SMA and EMA, within a previous congestion zone. Such areas can make for decent resistance zones.
The fact we’ve now seen a shooting star candle below the 200-day EMA suggests bears may be trying to carve out a swing high.
Given the Fed were not o
EUR/JPY Falling Wedge Hints at Bullish ReversalEUR/JPY remains in a clear downtrend – but I wanted to highlight a potential bullish reversal pattern to monitor as we head into next week.
The daily chart shows a falling wedge pattern, which projects an upside target around its cycle high just below 182. A bullish divergence is forming on the daily RSI (14), while the RSI (2) has recently been oversold.
Furthermore, prices are holding around the November 2025 low, with a prominent opening gap from Japan’s 2025 election also nearby at 174.75,
USD/CHF - Ascending Channel Support Holds as Buyers Eye 0.8330Setup Overview:
USD/CHF on the 30-minute timeframe is holding near a well-defined ascending-channel support zone after a sharp pullback. Buyers have defended the 0.8275–0.8269 area, with price rebounding toward 0.8294 as bullish momentum starts to build. A strong 30-minute close above 0.8300 strengthens the recovery structure and clears the path toward 0.8321, followed by 0.8336. A decisive break below 0.8267 invalidates the immediate bullish outlook and shifts control back to sellers.
📊 TRA
GBPUISDthis is not financial advice.this is my forward testing.
daily signal= FGD(first green day) after 3 lower closes.
signal for long. wait for dump and pump template on thursday.
target is PDH(Previous day high)( tuesday high)
Ideally, i want to find entry during LONDON session.
no news during london. pce news during new york session.
AudJpy Trade IdeaAJ is currently holding at a major level. The hourly just flipped bearish so once it creates a new low I'll look for price to break and retest that new low in the 15m where I'll then look to target a 1:3rr. At that point price could potentially tap into 109.660 again IF there's going to be a range continuation.
Mexican Peso Continues to Show Neutrality Even After the Fed Recent sessions have remained relatively neutral for USD/MXN price action. Over the last three trading sessions, the pair has recorded a move of barely 0.3%, highlighting that the lack of a clear directional bias continues to be one of the most important characteristics of the market in the short term.
This phase of indecision has persisted even after the Federal Reserve's latest policy decision. Comments from Warsh maintained a relatively neutral tone, while the Fed decided to leave interest r
Rising toward strong resistance?AUD/JPY has rejected ioff the pivot which is a pullback result and a cycle reverse toward the 1st support
Pivot: 111.38
1st Support: 109.88
1st Resistance: 112.51
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Key resistance ahead?NZD/JPY is rising toward the pivot, which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse towards the 1st support.
Pivot: 89.10
1st Support: 88.35
1st Resistance: 89.57
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 sites contained
Pullback resistance ahead?NZD/CHF is rising toward the pivot, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the 1st support level, which is a pullback support.
Pivot: 0.46818
1st Support: 0.46335
1st Resistance: 0.47270
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
Bullish bounce at key support?USD/ZAR is falling toward the pivot, which is an overlap support, and could bounce toward the 1st resistance, which is a pullback resistance.
Pivot: 16.47088
1st Support: 16.33293
1st Resistance: 16.66603
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 sites contained on th























