Fusion Markets Official - Forex Trade Ideas

EUR/AUD is testing a rising trendline after forming a lower high, with price action also suggesting a potential Head and Shoulders pattern. A decisive daily close below trendline support could confirm the bearish structure, opening the door toward 1.6200 and potentially 1.6100. Holding support would weaken the bearish case and keep consolidation in play.

USD/CAD has broken below a well established support zone, confirming a shift in short term market structure. The previous support area now becomes a potential resistance zone, aligning with the descending trendline. If price retests and rejects this confluence, sellers could regain control and extend the move lower, while a sustained recovery above both levels would weaken the bearish outlook.

NZD/CAD has tested a well established resistance level once again but failed to secure a convincing close above it, raising the possibility of another false breakout. Sellers have already responded, suggesting momentum may shift lower if resistance continues to hold. A sustained daily close above 0.8273 would invalidate the bearish view and strengthen the case for further upside.

GBP/JPY has broken below the channel, weakening the previous bullish structure. Price is now attempting to recover towards the underside of that former support, which could act as resistance. A bearish rejection from this retest area would favour another move lower, while a strong move back above the trendline would reduce the bearish outlook.

Gold has broken above the triangle resistance, suggesting buyers are regaining short term control after a prolonged consolidation. The breakout shifts attention toward the descending trendline, which remains the next major technical barrier. A sustained move above that level would strengthen the bullish outlook, while failure could trigger a pullback to retest the breakout zone before any further advance.

AUD/NZD daily has returned to a well established demand zone that previously attracted strong buying interest in March 2026. Price action is now testing this area again, making it a key decision point for the market. A clear bullish rejection could trigger another recovery, while a decisive daily close below the zone would weaken the structure and increase the probability of further downside.

GBP/CAD continues to respect the rising weekly trendline, keeping the broader bullish structure intact. Price is now testing a key resistance area where buyers need a decisive breakout to confirm further upside. A successful retest of the breakout level would strengthen the bullish case, while rejection could trigger a corrective move back towards the weekly trendline.

Price has reacted strongly from channel support and is now testing the upper boundary of the descending channel. This is a key decision area where buyers need to prove they can maintain momentum. A confirmed breakout could signal a broader trend reversal, while rejection or a break below the rising trendline would favour another move lower.

GBP/USD continues to trade within a well-defined monthly range between 1.3150 support and 1.3750 resistance. Recent buying pressure suggests bulls may attempt another move towards the range highs, but a decisive monthly close above 1.3750 is needed to confirm a longer-term bullish breakout. Until then, expect price to remain range-bound within these key levels.

The EUR/JPY 2 day timeframe continues to respect its ascending channel, keeping the broader bullish structure intact. Price has recently broken above a key horizontal resistance level, suggesting buyers remain in control. If the breakout is sustained and former resistance holds as support, the pair could be positioned to extend its move towards the upper boundary of the rising channel.

AUD/NZD has produced a strong bullish rejection from the 1.1935 support level, suggesting buyers are stepping back into the market. The recent impulsive move higher strengthens the short term outlook, although a pullback may provide a better risk to reward entry. If support continues to hold, the pair could be positioned for a further move to the upside.

GBP/JPY remains supported within a broader bullish channel after breaking above prior resistance and retesting the level. Price is now compressing inside a small triangle near 218.00, signalling reduced momentum before expansion. A confirmed break higher would favour continuation toward recent highs, while a downside break could trigger a deeper pullback or reversal.

AUD/CAD has rejected the daily resistance zone near 0.9880 signalling renewed bearish pressure. Price may look to test (and reject) 0.9842, where sellers could target the lower daily support area around 0.9750 to 0.9760 over the coming sessions. A sustained recovery above 0.9842 would weaken this bearish outlook and could bring the upper resistance zone back into focus.

CHF/JPY continues to trade within a well defined range, with buyers and sellers respecting key support and resistance levels. The 201.60 area is the immediate level to watch, as a decisive close above it could open the way towards 204.00 resistance. Alternatively, a pullback towards 198.50 may present buyers with another opportunity if support holds.

GBP/USD has staged an impressive recovery from the 1.3150 support zone and is now attempting to build bullish momentum. Despite the recent rejection, buyers remain in control while price holds above higher lows. A decisive break above the recent swing high would strengthen the bullish outlook and bring the major resistance around 1.3650 firmly into focus.

USD/CAD has pulled back into a former resistance trendline that may now act as support. Price reaction at this level will be key in determining the next move. A strong bullish response could signal trend continuation toward recent highs, while a decisive break below the trendline would increase the likelihood of a deeper corrective decline.

The Bullish Crab is a harmonic trend reversal pattern that can help traders identify the beginning of a new uptrend. The pattern has 5 points, 4 swings and unique Fibonacci ratios. When the bullish crab appears, traders will look to enter long at point D. Take profit levels could be placed at each one of the points X,A,B and C.

AUD/JPY has broken above a well tested resistance level around 112.80, suggesting bullish momentum is beginning to build. A successful retest of this former resistance as new support could provide a higher probability buying opportunity, with 113.42 the next logical upside target. A failure to hold above the breakout level would weaken the bullish outlook and increase the risk of a move back into the previous range.

Gold remains confined within a bullish channel despite the recent pullback, with price finding support around the 61.8% Fibonacci retracement. The counter trend line is now a key level to watch, as a decisive breakout could signal renewed buying momentum. If buyers regain control, the next upside target sits near the 4,275 resistance area (and 27% Fib extension) within the broader bullish structure.