Currencies

GBP JPY Intraday – Smart Analysis Price is moving inside a clear consolidation range after an impulsive move up. Multiple rejections from resistance show weakening bullish momentum. 🔹 Structure: Range-bound between support & resistance Liquidity building on both sides 🔻 Bearish Scenario: Break below range support → continuation toward lower demand zone Recent fake breakout suggests downside liquidity grab 🔸 Bullish Scenario: Clean breakout + hold above resistance → continuation of uptrend 📌 Conclusion: Currently in accumulation/distribution phase — wait for confirmed breakout. Short bias below support, bullish only on strong breakout and retest

Daily price is located below 200 SMA in the bearish area of the chart. The price is trying to break the support level to below for the primary bearish trend to be continuing. Summary: wait for the price to break the support to below

Hello Traders! What are vour thoughts on USDJPY? On the 4-hour chart. USD /JPY is exhibiting a well-defined bearish structure in the medium term. After several failed attempts to break and hold above the 160.000 psychologica resistance level, price action is now signaling a shift toward a bearish momentum. Key Technical Insights: Supply Zone: The red shaded area between 159.500 and 160.200 has proven to be a formidable barrier Multiple rejections in this zone indicate neavy institutional selling pressure Descendina Channel & Confluence: The pair is currentlv trading within a descending channel. Price has recently tapped the upper boundary of this channel, coinciding perfectly with the Fibonacci retracement . This technical confluence strenathens the bearish Given the current structure

After breaking below the previous support, the market bias turns bearish. As the market is currently in a corrective phase, we wait for a confirmed breakdown before initiating a short position

🇨🇦 USDCAD is testing the upward trend line, but the RSI has broken below the line, which may indicate a potential breakout. The AO also suggests that bears are currently in control. 🔽 A break below the trend line at 1.3680 will push the price down to 1.3570 and then to 1.3500; 🔼 A rebound will push USDCAD back to 1.3910

📉USDJPY will fill a gap up opening. Expect a bearish continuation to 158.665 level. ————————— 1H time frame ————————— Disclaimer : This is not a financial advice. Risk wisely

📉 GBPUSD – Bearish Rejection from Resistance Price is currently testing a strong resistance zone around 1.3550 – 1.3600, which has acted as a supply area multiple times. The recent rejection suggests sellers are stepping in again. 🔻 Bias: Bearish 📍 Entry Zone: 1.3500 – 1.3550 🎯 Target: 1.3350 → 1.3220 🛑 Stop Loss: Above 1.3620 💡 Reason: Strong resistance holding Lower highs structure forming Rejection + momentum shift 👉 If price fails to break above resistance, expect a move back toward the support zone

EURJPY - this pair has been in a nice (Bullish Trend) over the past few (Days & Weeks) so therefore now we can expect it to have a nice pattern to the downside as price can never (Stay up or Premium) for long periods of time as it needs to (Dip) so that we can be able to (Buy Low) it is going to be dropping for some time and head down to fill in some (Downside Gaps) before ever returning to its (Dominant Bullish Trend) it is still possible to (Scalp) the price bounces but then always remember that it may not hold long unlike before because now the pair needs to have what we call a (Price Reset) From 187.800 to 184.000 , Remember to follow your (Trading Plan) and not to get greedy when (Scalping) it would not be advised to (Hold) any trades long term as this can be (Risky) and hit (Stop