Get started

Forex market

Daily USDZAR pre-FedThe red range between 16.15 and 16.30 which has supported the pair throughout the year has now flipped from a support to a resistance. This range along with the 50-day MA has limited the rand’s losses after the ECB rate hike and escalated geopolitical tension. Moving over to the Federal reserve, the Fed is expected to hike the federal funds rate by 25 basis points to 4% tonight which could see the pair grind higher to test levels above the 200-day MA at 16.40. I do however expect the 38.2 Fibo retracement level around 16.62 to cap any further rand losses. Given that the Fed is expected to hike, a hike tonight should not produce major volatility spikes in the USDZAR. Additionally, the Fed is not expected to kick start an aggressive rate hiking cycle like we saw at the backend of 2022 which should limit substantial rand losses. The rand has remained resilient on news of escalation in geopolitical tensions which is rand positive. The 2Q2026 SA trade surplus did however decline substantially from a R428.8 billion surplus to R146.4 billion which is rand negative. In summary, I expect the pair to remain between the 16.00 to 16.50 range for the remainer of the year with a possible test of levels below the psychological 16.00 handle. It does however seem like the rand requires fresh momentum to pull the pair below 16.00. This momentum won't come from loose Fed policy given the expected hike tonight. Another upswing in precious metal prices will have to come to join the party for continued rand strength.
by Goose96
GBPUSD: High Risk, But Potential for Gains Ahead of FOMCGBPUSD: High Risk, But Potential for Gains Ahead of FOMC The GBPUSD pair has halted its downward move around the 1.3475 support area for about three consecutive days. GBPUSD remains resilient and the pound (GBP) appears to be showing some bullish momentum. Further gains for GBPUSD are possible, as shown in the chart, but this comes with very high risk given the speculation surrounding the FOMC. Bullish Targets: 1.3530 1.3560 1.3590 You can find more details on the chart. Thank you! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Long
by KlejdiCuni
19
GBP/CHF SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! We are now examining the GBP/CHF 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 1.100 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBP/USD: THE 1.34700 WEDGE SUPPORT RECOVERY & 1.35400 RELIEF SUR 🚀 Holding macro support near 1.34858! Are you panic-selling this secondary wedge compression at structural demand, or locked in for the multi-wave relief surge back up to descending resistance? 🤔 The British Pound is coiling tightly along its primary macro Support line within a local descending Wedge pattern on this 2-hour OANDA chart. GBP/USD is trading around 1.34858, testing lower demand near 1.34700 - 1.34800 as institutional buyers step in to absorb overextended sell-side liquidity and engineer a multi-wave recovery campaign toward the overhead descending Resistance line. 📈💥 Look closely at the black blueprint trajectory mapping out the coming sessions. The algorithm projects a textbook multi-wave accumulation, retest, and expansion sequence: • An initial impulse rebound surging off the 1.34700 - 1.34800 demand floor to push price back up toward the 1.35100 region. ⚡ • A healthy higher-low pullback dipping back toward 1.34950 to confirm local structural support and absorb remaining sell liquidity. 🌊 • A secondary expansion wave pushing higher to challenge intermediate structure around 1.35250. 🧱 • A minor consolidation retest dipping back to 1.35100 to lock in secondary launchpad support. ⚡ • Final acceleration surge driving straight up to target the primary overhead descending Resistance line and supply zone near 1.35350 - 1.35400. 🎯🏹 Maintaining technical patience and aligning with macro trendline demand is your ultimate superpower in this setup. Shorting directly into a descending wedge floor that intersects a verified macro support line is a fast track to getting caught in an aggressive mean-reversion squeeze. Smart money is waiting for this higher-low accumulation base to confirm before riding the full recovery wave back to major overhead supply. 🧘‍♂️⚡ 🛠 Trade Parameters: 🛒 Long Zone: 1.34700 - 1.34850 🛍️ 🛑 Stop-Loss: 2h close below 1.34500 ❌ 💰 Take-Profit: 1.35350 🎯 The retail bears attempting to short late into macro support are about to get caught offside as institutional buy volume defends the floor. Stay focused, strictly manage your risk, and let the algorithm carry the trade up to our target. Maintain your composure through the waves, and we will see you up at the 1.35350 resistance target ceiling! 🚀💎
Long
by Lingrid
3
Fundamental Market Analysis for September 16, 2026 GBPUSDThe pound approaches the session with weakened internal support following fresh UK labor market data. Wage growth excluding bonuses slowed to 3.5%, job vacancies fell to 702 thousand, and employment on payrolls decreased in August. This backdrop reduces pressure on the Bank of England from wages and limits arguments for accelerated policy tightening. Today, the market awaits UK inflation data for August, and on Thursday, the Bank of England's decision. Consensus expects headline inflation to accelerate to 3.1%, but the regulator is widely expected to keep rates unchanged. Expensive oil creates a double risk: it intensifies price pressures, but for an energy importer, it increases costs for businesses and households, dampening economic activity. On the external side, the dollar retains its advantage ahead of the Fed's decision amid high US bond yields and a rate hike that is almost fully priced in. Stronger UK inflation could support the pound, but a weak labor market reduces the likelihood that the local factor will consistently outweigh the dollar's momentum. Under current conditions, the priority remains a decline in GBP/USD. Trading idea: SELL 1.34800, SL 1.35150, TP 1.34000
Short
by Fresh-Forexcast2004
#GBPUSD , Dont be naughty !╔═══════════════════╗ 🌅 LONDON OPEN RADAR ╚═══════════════════╝ 🎯 Pair: #GBPUSD ⚠️ Risk: HIGH 🧠 Read on Price: Not a Quality setup yet , Super Risky one specially on FOMC day ... and CPI on GBP . If i wanna buy a xUSD that could be this , but need valid momentum structure first ... and LTF Entry sign. 🎯What Needs To Happen ➊ Price reaches the POI ➋ Lower timeframe confirms ➌ Execution follows It's Ash, a Live Capital Scalper! #Ash_TheTrader #Forex #Futures #PriceAction
Long
by Ash_TheTrader
EUR/USD Maintains Bearish BiasEUR/USD OANDA:XAUUSD maintained a negative bias for five consecutive sessions and consolidated in the 1.1530–1.1535 range throughout the Asian trading session on Wednesday, September 16, 2026. ----------------------------------------------------------------------------------------------------------------- ✅ US Monetary & Bond Markets: Fed Rate Hike Expectations (+25 bps) & Record US 10-Year Yields (April 2007) Bond market dynamics and US monetary policy expectations are cementing the Greenback's advantage: - ⚡Fed Interest Rate Announcement Tonight (+25 bps): The Federal Open Market Committee (FOMC) concludes its two-day policy meeting tonight (early Thursday morning WIB). The market has fully priced in the probability of the Fed raising the benchmark interest rate by 25 basis points (bps). - ⚡US 10-Year Yield Surge to April 2007 Highs: A surge in public and corporate borrowing, combined with the threat of exogenous inflation driven by soaring crude oil prices (hitting new peaks since May 20), has propelled the benchmark US 10-year government bond yield to its highest level since April 2007. - ⚡Hawkish ECB Stance Limits Downside: The Euro's downside is being slightly cushioned by prospects of further European Central Bank (ECB) tightening following last week's +25 bps rate hike; this has prevented the Euro from plummeting uncontrollably ahead of the Fed's decision. ----------------------------------------------------------------------------------------------------------------- ✅ Price Action Analysis (H4 Timeframe) The H4 structure confirms a continuation of the bearish structure/retest phase. After facing sharp rejection (bearish rejection) from the "Lower High" peak at the 1.16541 green line, EUR/USD slid downward, breaking through several minor support levels before establishing a temporary bottom near the 1.15229 green line. At the 1.15442 price level, the most recent H4 candle shows minor buying rejection (long lower wick), attempting to bounce the price off the 1.15229 floor. This current green candle is part of a relief rally phase (a temporary upward correction) aimed at testing the SBR area within the 1.15600–1.15700 range. ----------------------------------------------------------------------------------------------------------------- ✅ Key Zones: - ⚡Resistance / Supply Zone (SBR): The 1.15600–1.15800 range (middle gray box / nearest SBR & HVN area) and the green lines from 1.16158 to 1.16541 (upper gray box / Major Supply Zone). - ⚡Support / Demand Zone: The green line at 1.15229 (nearest local support floor where a liquidity sweep occurred) and the green line at 1.15000 (psychological Major Demand Zone stronghold). ----------------------------------------------------------------------------------------------------------------- ✅ Elliott Wave Analysis Mapping the wave cycle movements on the H4 timeframe: - ⚡Wave Structure: The sharp decline from the major peak toward the 1.15700 area is calculated as Sub-Wave A (or Wave 1). The upward bounce that stalled at the 1.16541 green line is identified as the formation of Sub-Wave B (a micro zigzag correction). - ⚡Current Status: The drop from 1.16541 to 1.15229 is calculated as part of the Sub-Wave C expansion (or micro Wave 3). The current upward bounce from 1.15229 to 1.15442 represents the formation of a minor corrective sub-wave (relief rally) to retest the SBR area. - ⚡Projection: The direction of price movement is projected to complete this corrective rebound by testing the SBR/HVN area in the 1.15600–1.15800 range, before reversing course to slide back down, breaking the green line at 1.15229 and targeting the Major Demand level at 1.15000.
Short
by NouzTrader
1
GBPUSD Bullish Recovery | Support Base & Upside Levels (1H) GBPUSD is consolidating near the lower boundary of the recent decline after forming a support base around 1.3465–1.3470. Price is attempting to recover from this area, while the descending trendline and nearby resistance remain important for confirmation. 🟦 Support Objective: 1.3465–1.3470 🟢 First Upside Objective: 1.3530 🔵 Key Resistance Objective: 1.3570 📈 Bias: Recovery attempt from support; confirmation needed above resistance. A sustained hold above 1.3465–1.3470 could allow the recovery to develop toward 1.3530. A clean break and hold above the descending trendline would strengthen the structure and bring 1.3570 into focus. A decisive loss of the support zone would invalidate the recovery setup.
Long
by Liquidity_Edge
5
AUD/USD 0.7080 – FIBO | BULLISH SCENARIO AUD/USD 0.7080 – FIBO | BULLISH SCENARIO 📈 AUD/USD is maintaining its dominant bullish trend, with the price structure still intact and no clear reversal signals appearing. 🎯 Fibo Trùng Zone: 0.7080 When applying trend-following Fibonacci, the 0.5–0.618 retracement zone converges with the 0.7080 key level, creating a notable confluence zone. Expected Scenario: If price retraces toward 0.7080 and shows signs of downside rejection or weakening selling pressure → favor a trend-following BUY. ⚠️ If price clearly breaks below 0.7080 and the bullish structure is invalidated, the BUY scenario should be reassessed. Bias: BUY – Bullish Trend Fibo Trùng Zone: 0.7080
Long
by hungminskfibotrung
AUD/USD Bearish Head & Shoulders + RSI Bearish DivergenceAUD/USD is developing a potential Head & Shoulders reversal pattern on the daily timeframe. The left shoulder formed around 0.715–0.718, followed by a higher head around 0.727–0.729, while price is currently forming the right shoulder around 0.722–0.724. The setup is supported by bearish RSI divergence, where price made a higher high but RSI failed to confirm the new high, indicating weakening bullish momentum. Price is now trading around the 0.382–0.50 Fibonacci retracement zone, which is an important area for potential rejection. My fundamental bias is also USD bullish around today's FOMC event. A hawkish Fed outcome could increase USD demand and add pressure to AUD/USD. Confirmation: I will look for bearish rejection from the right-shoulder/Fibonacci area, followed by a break and daily close below the 0.6866 neckline. Downside: The initial objective is the neckline-to-head measured move, with the 0.65 area and approximately 0.642–0.646 region acting as potential downside targets. Invalidation: A sustained move above the right shoulder/head structure would weaken or invalidate the bearish Head & Shoulders thesis. NOTE: The chart is showing a potential bearish Head & Shoulders reversal on AUD/USD, and my fundamental idea is that a hawkish Fed could strengthen USD. The technical and macro ideas can fit together, but the Fed reaction should be treated as a confirmation trigger rather than assuming USD strength before the announcement. #DXY #AUDUSD #FED #PriceAction #Head&Shoulder #RSIDivergence #Fibonacci #TechnicalAnalysis #Sarmaaya.pk
Short
by QutabBasheer
AUDTHB Eyes Fed MeetingYesterday Recap 15/9/26 Yesterday, AUDTHB closed at 23.71 in the Thai market, while there were no high-impact Australian economic releases. Fundamental 16/9/26 Key Events Today | Actual | Forecast | Previous AU: 08:00 MI Leading Index MoM | -0.0% | - | 0.0% There are no high-impact Australian economic releases today. The MI Leading Index MoM came in at -0.0%, broadly unchanged from the previous 0.0%, suggesting that the outlook for economic momentum has not changed significantly and has a relatively limited impact on the AUD. Therefore, the AUD is expected to be driven mainly by external factors, particularly the Chinese economic outlook, commodity prices, Risk Sentiment, and USD direction, as well as the Fed meeting outcome tonight, which could affect capital flows and the AUD. View: AUDTHB is expected to move within a range, with the main focus on Risk Sentiment, China, Commodities, and the Fed meeting outcome. AUDTHB — Technical Analysis 1H Bias: Sideway AUDTHB remains range-bound between 23.67–23.74, with resistance at 23.74 and support around 23.67/23.66. If price holds above 23.67, it could rebound to test 23.74. However, a break below 23.66 could lead to further downside toward 23.65–23.64. Resistance: 23.74 Support: 23.67 / 23.66 Target: 23.74 Cut Loss: 23.65
Long
by YES_Group
CHFTHB Eyes Fed MeetingYesterday Recap 15/9/26 Yesterday, CHFTHB closed at 40.69 in the Thai market, while there were no high-impact Swiss economic releases. Fundamental 16/9/26 Key Events Today There are no high-impact Swiss economic releases today, so CHF is expected to be driven mainly by global market factors, particularly the USD, Bond Yields, and Risk Sentiment. In addition, markets remain focused on the monetary policy direction of major central banks. If the market shifts into a Risk-Off environment, safe-haven demand could support the CHF, while Risk-On conditions could reduce demand for the CHF. Overall, CHFTHB is expected to move within a range, with the main focus on Risk Sentiment, USD, Bond Yields, and the Fed meeting decision tonight. Technical Analysis — CHFTHB Bias: Sideway CHFTHB remains range-bound between 40.56–40.67, with price still unable to clearly break above the 40.67 resistance. If price holds above 40.56, it could rebound to test 40.67. However, a break below 40.56 could lead to further downside. Resistance: 40.67 Support: 40.56 Target: 40.67 Cut Loss: 40.52
Long
by YES_Group
GBPTHB Tracks CPI and Fed SignalsYesterday Recap — 15/9/26 Yesterday, GBPTHB closed at 44.85 in the Thai market. The Claimant Count Change came in at 27.8K, significantly higher than the forecast of 8.3K, compared with the previous reading of -11.8K. Meanwhile, Employment Change 3M/3M came in at 67K, down from the previous reading of 83K. The Unemployment Rate stood at 4.9%, below the forecast of 5.0% and unchanged from the previous reading of 4.9%. Average Earnings ex Bonus came in at 3.5%, in line with both the forecast and the previous reading. Overall, the data suggests that the UK labor market remains relatively resilient. Although employment growth has slowed, wage growth and the unemployment rate remain at levels that continue to support the GBP. Fundamental — 16/9/26 Key Events Today | Forecast | Previous UK 13:00 — CPI YoY | 3.1% | 2.9% UK 13:00 — Core CPI YoY | 2.6% | 2.6% UK 13:00 — CPI MoM | 0.3% | — Today, the key UK economic data is CPI. CPI YoY is forecast to increase to 3.1%, up from 2.9% previously, while Core CPI YoY is expected to remain unchanged at 2.6%. If inflation comes in above expectations, it could reduce expectations for further monetary policy easing by the BoE and potentially support the GBP. Overall, GBPTHB is expected to remain range-bound and volatile, with the main focus on UK CPI, BoE interest-rate expectations, and tonight's Fed meeting. Technical Analysis — GBPTHB 1H Bias: Sideway GBPTHB continues to trade within the 44.76–44.87 range. The pair was previously in an uptrend and continued to form Higher Lows, but has entered a short-term consolidation phase. If the price holds above 44.76, it could rebound toward 44.87. However, if the price breaks below 44.76, further downside could develop. Resistance: 44.87 Support: 44.76 Target: 44.87 Cut Loss: 44.72
Long
by YES_Group
EURTHB Tracks EUR and USD DirectionYesterday Recap — 15/9/26 Yesterday, EURTHB closed around 38.40 in the Thai market. The German ZEW Economic Sentiment came in at 34.7, below the forecast of 39.8, but slightly above the previous reading of 34.2. Meanwhile, the German ZEW Current Conditions came in at -47.1, better than the forecast of -53.0 and improving from the previous reading of -61.1. The Eurozone ZEW Economic Sentiment came in at 25.8, below the forecast of 39.2, but higher than the previous reading of 31.4. Overall, the data suggests that the outlook for the Eurozone economy remains relatively fragile, although Germany's current economic conditions have improved. This could limit the upside potential of the EUR in the short term. Fundamental — 16/9/26 Key Events Today | Forecast | Previous EU 16:00 — Eurozone Industrial Production MoM -0.5% | 0.0% EU 16:00 — Eurozone Industrial Production YoY -0.4% | 0.1% EU 16:00 — Eurozone Wage Growth YoY — | 3.40% Today, the market is mainly focused on Eurozone Industrial Production. The forecast for MoM is -0.5%, down from the previous 0.0%, while YoY is expected at -0.4%, compared with 0.1% previously. This points to a potential weakening in the Eurozone industrial sector. If the data comes in below expectations, it could add pressure on the EUR due to concerns over the Eurozone economic outlook. Meanwhile, Eurozone Wage Growth YoY was previously at 3.40%, which the market monitors in terms of inflationary pressures and the ECB's monetary policy outlook. If wage growth remains elevated, it could support the EUR by suggesting that inflationary pressures remain present. In addition, EURTHB could be affected by European Bond Yields and the direction of the EUR, particularly changes in expectations regarding ECB monetary policy. Higher European Bond Yields could support the EUR, while weaker-than-expected economic data could put pressure on the EUR. Overall, EURTHB is likely to remain range-bound and volatile, with the main focus on Eurozone Industrial Production, Wage Growth, European Bond Yields, and EUR direction. The market will also monitor the Fed meeting and U.S. Bond Yields. A Hawkish Fed could support the USD and put pressure on EURTHB, while a Dovish Fed could help support EURTHB. Technical Analysis — EURTHB 1H Bias: Sideway EURTHB continues to trade within the 38.32–38.44 range, with key resistance at 38.44 and support at 38.33/38.32. If the price holds above 38.32, it could rebound toward 38.44. However, if the price breaks below 38.32, further downside pressure could emerge. Resistance: 38.44 Support: 38.33 / 38.32 Target: 38.44 Cut Loss: 38.30
Long
by YES_Group
GBPUSD: This Isn’t a Breakdown — It’s CompressionHello everyone, looking at GBP/USD right now, I don’t think this is the right moment to chase the downside. Instead, price appears to be entering a “compression phase” around support before the market decides its next direction. From a fundamental perspective, the current backdrop is still creating some pressure on the pound. Hotter-than-expected U.S. inflation has increased expectations of a Fed rate hike, while elevated U.S. Treasury yields continue to give the dollar an advantage in the short term. This helps explain the recent pressure on GBPUSD. However, with the FOMC decision approaching, much of the hawkish expectation has already been priced in, so we shouldn’t automatically assume the USD will continue strengthening in a straight line. Looking at the chart, the most important factor isn’t simply that GBPUSD remains below the descending trendline, but that price has now reached the 1.3460–1.3475 support zone. This is where I want to watch how buyers respond. While the trendline continues to press down from above, support is sitting directly underneath, leaving less and less room for price to move. In other words, GBPUSD is being compressed between resistance and support, and the eventual breakout could determine the next meaningful move. I expect GBPUSD to remain relatively tight around the current area before a clearer breakout develops. If 1.3460–1.3475 holds and price breaks above the descending trendline, 1.3512 becomes the first upside target. If buying momentum is strong enough to clear that area, the recovery could extend toward 1.3535. Overall, GBPUSD is not an attractive place to chase SELL positions just as price reaches support. I would rather wait and see whether buyers can stabilize the market and break the descending trendline. If that happens, GBPUSD could become an interesting pair to watch for BUY opportunities once clear confirmation appears. Thanks for reading, and feel free to share your view!
Long
by Paradise_Noir
2
USDTHB Eyes Fed DecisionYesterday Recap — 15/9/26 Yesterday, USDTHB closed at 33.30 in the Thai market. Meanwhile, the ADP Employment Change Weekly actual figure came in at 16.30K, up from the previous 12.00K, reflecting an improvement in employment conditions. The NY Empire State Manufacturing Index came in at 7.60, below the forecast of 14.80 and the previous reading of 20.60, indicating a slowdown in New York’s manufacturing sector. In the U.S. equity market, stocks closed lower amid pressure from higher Bond Yields and a surge in oil prices. Gold weakened to around $4,293/oz, while the DXY strengthened to around 99.7 amid a risk-off environment and ahead of the Fed meeting. These factors provided support for the U.S. dollar and resulted in a slight weakening of the Thai baht, keeping USDTHB supported. USDTHB Fundamental — 16/9/26 Key Events Today| Forecast | Previous | US: 19:30 — Core Retail Sales MoM | 0.5% | -0.3% US: 19:30 — Retail Sales MoM | 0.8% | -0.6% US: 19:30 — Import Price Index MoM | 0.0% | -0.4% US: 01:00 — Fed Interest Rate Decision | 4.00% | 3.75% The market is mainly focused on Core Retail Sales and Retail Sales, which reflect consumer spending. The market expects consumer spending to recover from the previous month. If the data comes in above expectations, it could support the USD, while weaker-than-expected figures could put pressure on the USD. In addition, the FOMC will announce its policy decision and economic projections today, which could lead to high volatility in USDTHB, particularly through the direction of the Fed rate, USD, and U.S. Bond Yields. Overall, USDTHB is expected to remain highly volatile tonight, with the key focus on Retail Sales and the FOMC decision. Technical Analysis — USDTHB 1H Bias: Sideway The price is moving within the 33.25–33.32 range after forming a Higher Low. If the price holds above 33.25, it could move higher to test 33.32, followed by 33.35–33.38. However, if the price breaks below 33.25, the current structure would weaken, increasing the possibility of a decline toward 33.21. The broader picture remains supported by the USD and U.S. Bond Yields ahead of the Fed meeting. Resistance: 33.32 / 33.35 / 33.38 Support: 33.25 / 33.21 / 33.15 Target: 33.32 → 33.35 → 33.38 Cut Loss: 33.20
Long
by YES_Group