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EURUSD: Next Move May Depend on How Buyers Handle 1.1120Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously formed a Rounding Bottom and traded inside an upward channel before declining under the Trend Line. Price then tested the Support Zone near 1.1120 with breakouts and rebounded, showing signs of buyers defending support. Currently, EURUSD is trading below the 1.1230 Resistance Zone while holding above the 1.1120 Support Zone. The recent rebound from support suggests buyers may attempt another m
Long
by Ratner
28
USDCAD down slightly after the BoC’s hikeThe Bank of Canada hiked for the first time in three years on 28 October, taking its rate to 2.5% as annual headline inflation remained around 3% for several months running. The reaction on the chart was relatively small given that this had been priced in but with forecasts for growth and inflation raised more hikes might be likely over the next few months. Traders are continuing to monitor trade negotiations between Canada and the USA. Divergence in monetary policy is likely to continue favouri
Short
by Michael_Stark_Exness
AUDCHF Will Go Lower! Sell! Here is our detailed technical review for AUDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.583. The above observations make me that the market will inevitably achieve 0.579 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 tra
Short
by SignalProvider
2
EURUSD continues to show bearish structure below the downtrendEURUSD ANALYSIS — BEARISH CONTINUATION SETUP | 1H TIMEFRAME EURUSD continues to show bearish structure, trading below the descending trendline and facing selling pressure around key resistance zones. Price is currently consolidating near 1.12170, while sellers may attempt to push the market toward lower support levels if bearish momentum continues. Key Resistance Zone: 1.12600–1.12680 This is a major resistance and consolidation zone where selling pressure has previously emerged. If price ret
Short
by ReubenMiles
EURUSD is showing bearish with sellers resistance 1.12200EURUSD BEARISH ANALYSIS | 30M TIMEFRAME EURUSD is showing bearish potential, with sellers watching the resistance zone around 1.12200. Selling pressure may continue if price faces rejection from resistance and maintains its bearish structure. SELLING AREA: 1.12000 Key resistance: 1.12200 Technical downside targets: - TP1: 1.11900 - TP2: 1.11500 - TP3: 1.11100 Market outlook: EURUSD may extend its downward movement toward the next technical support levels if bearish momentum remains strong.
Short
by ReubenMiles
1
Dollar-yen down after the BoJ signals more hikesDollar-yen declined somewhat in the aftermath of the Bank of Japan’s meeting on 30 October. The BoJ held at 1.25% as expected but commented on inflation reaching the target for the first time since it was set more than a decade ago and appeared to signal more hikes to come to bring rates to neutral, with the next possible in December or early in 2027. Demand for Japanese bonds has improved recently as rates have risen where there seems to have been some demand for havens around some negative ear
Short
by Michael_Stark_Exness
GBPCAD Is Bearish! Short! Please, check our technical outlook for GBPCAD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.873. The above observations make me that the market will inevitably achieve 1.866 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my i
Short
by SignalProvider
2
GBPNZD Is Very Bearish! Sell! Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.375. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.369 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at al
Short
by SignalProvider
2
USDJPY 4H Short: +80 Pips Secured, Runner Left Open at BreakevenUSDJPY 4H – Sell Trade Management Update Original setup: Entry: 158.127 Stop loss: 158.706 Take profit: 156.966 Risk:Reward ≈ 1:2 The sell played out as planned. Price sold off from the 0.71–0.79 Fibonacci retracement zone and has moved around 80 pips in our favour (≈1.4R), covering roughly 70% of the move to target. Trade management: ✅ Majority of the position booked around 157.30 🔒 Stop loss moved to breakeven (158.127) 🎯 Small runner left open towards 156.966 Why now: Price is reacting ar
by Hunain_nasir
EUR/AUD Hit Its Yearly Floor at 1.5776. Is 1.6145 Next?EUR/AUD has been falling all year. It opened 2026 near 1.76, and on Wednesday it printed a new low for the year at 1.57761. Here's the part I like. That low stopped within a pip of a line that's been on the chart since January 1st, 1.5776. Thursday came back to test it, held at 1.57781, and closed at 1.5906. That's the strongest day this pair has had in two weeks. So I think we get a bounce from here, back toward 1.6145. That's the next level up on this year's map, and it's also where the pair
Long
by Trade-Lean
Short USDJPYUSD/JPY remains under pressure around the 157.50–158.00 area as diverging monetary policy expectations begin to shift in favour of the Japanese yen. The Bank of Japan kept interest rates unchanged at 1.25% on October 30, but raised its inflation forecast and reinforced expectations of further monetary tightening. Markets increasingly anticipate another rate hike in December, potentially narrowing the interest rate differential with the United States. Meanwhile, the US dollar faces additional h
Short
by Realisto_FX
USD/CHF 4-H Bullish Continuation Chart Analysis SetupUSD/CHF is showing a potential bullish continuation setup after a liquidity sweep and a rebound from the lower demand area. The key is whether price holds the Fair Value Gap (FVG) and confirms bullish momentum. 1. Market Structure Analysis Timeframe: 4H Current price shown: 0.82791 Market bias: Bullish, conditional on confirmation. A. Market Structure (BOS) Price previously formed a bullish structure with higher highs and higher lows (HH–HL). The chart marks a Break of Structure (BOS) around 0.
Long
by Forex_visionary_Academy
2
USDJPY 1H: Potential Head & Shoulders Near Key ResistanceUSDJPY is trading near 157.94 on the 1H timeframe and is showing signs of a potential head and shoulders pattern right below a key resistance area. Here is a clear breakdown of the structure and the levels that matter. 1️⃣ Market Structure After the sharp drop earlier in the month, price recovered with a series of higher lows and bullish breaks of structure. Price then reached the resistance area, where it started to slow down. 2️⃣ Pattern Overview A head and shoulders is a reversal pattern ma
Short
by Mr_Nolan_Forex
2
AUDCHF: Is the Next Bounce a Trap for Buyers?I maintain a bearish bias on AUDCHF following the latest rejection from the 0.5840–0.5855 supply area. My main area of interest is 0.5811–0.5882. If price retraces into this zone, I will look for renewed selling pressure and bearish confirmation on H1. A rejection followed by a break of the local pullback structure would strengthen my continuation scenario. The COT report dated 20 October adds support to this view. AUD non-commercial net positioning deteriorated by 9,993 contracts to −127,292
Short
by EdgeTradingJourney
5
GBPUSD H1: Final Leg Down Before the Bigger Rally?Good morning, traders! It’s been a while! I trust trading has been going well for you. This week is packed with high-impact economic events, including the FOMC decision and key US economic data. With volatility potentially picking up, staying disciplined and prepared is more important than ever. Allow me to share my GBPUSD outlook (both the near-term and bigger picture) ahead of today’s US Advance GDP and Core PCE releases. Let’s look at what the charts are telling us and the key levels to w
Short
by Samuel124