FXAN - Market Insights

Market Report – 14th of May, 2025

EUR/USD


Overall Sentiment:

Bearish – The market has been in a bearish sentiment for the past week, as indicated by the red-colored bar on the Cygni 77. This reflects sustained selling pressure, with the price making lower lows and lower highs. The current price action shows that the market is under bearish control, and further downside potential could be expected unless a strong reversal occurs.

Transition Zones:

1.08650 – 1.09200 – Bearish Transition Zone.
This is the first zone where buying activity took control from previous bearish pressure, and the market shifted upwards. If the price revisits this zone, it may act as a potential support level, and a bounce here could reaffirm the bullish outlook.

1.12650 – 1.13600 – Bearish Transition Zone.
This range reflects a structural shift, where a breakdown from a bullish trend occurred. The market has now broken lower, with prices finding resistance around this range. If the price returns to this area, sellers are likely to continue pushing prices lower.

Dynamic Support/Resistance Levels:

Price: 1.08950
This level has shown some previous resistance, and now it could potentially serve as a support level for future bounces. If the market moves lower, this could be a crucial level to watch for a potential reversal.
Price: 1.12950
Currently acting as resistance, this level represents the key bearish barrier the market is facing. If price fails to break above it, further downside is likely. A retest and break above would signal that bulls are regaining control.

Commentary:

EUR/USD continues to show bearish sentiment with the price at 1.12490, just above the dynamic support levels at 1.08950. The transition zones at 1.08650 – 1.09200 and 1.12650 – 1.13600 will be crucial for the market to determine whether the current bearish trend will persist or if a bullish reversal is in the cards. As long as the price remains below 1.12950, the bias remains bearish, and further downside could unfold, with 1.08950 being the first critical level to monitor for support. A break of 1.08950 could open up the path for more significant downside moves.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.

Trade of the Day – 15th of May!

EUR/JPY



EUR/JPY Trade Setup (May 15, 2025):

Bearish momentum continues as EUR/JPY remains below the DFP with confirmed R- magnetism. Price is rejecting the resistance area around 163.950, with additional pressure expected from higher resistance levels at 164.300 and 164.650. Short positions remain favorable as long as the pair holds below these key zones.

Previous’s Trade of the Day

XAU/USD Trade Setup Result (May 14, 2025)

Attached Image (click to enlarge)

Trade of the Day – 16th of May!

GBP/USD



GBP/USD Trade Setup (May 16, 2025):

Bullish sentiment prevails as GBP/USD trades above the DFP with confirmed R+ magnetism. The pair is gaining strength with support levels established at 1.32750 and 1.32980. Long positions are favored as long as price holds above these zones.

Previous’s Trade of the Day

EUR/JPY Trade Setup Result (May 15, 2025)

Attached Image (click to enlarge)

Market Report – 16th of May, 2025

EUR/USD



Overall Sentiment:

Bearish – EUR/USD has been in a bearish sentiment for the past week and a half, as indicated by the red-colored bar on the Cygni 77 algorithm. The price has been consistently dropping, reflecting selling pressure and accumulation of short positions.

Transition Zones:

1.08650 – 1.09200 – Bearish Transition Zone.
This zone marked the shift from a bullish to a bearish trend. If the price revisits this level, it might act as strong resistance, making it crucial for determining the short-term direction. A failure to break above this zone may suggest continued bearish pressure.

1.12650 – 1.13600 – Bearish Transition Zone.
This zone represents a higher level of resistance. The market has consistently failed to break above this level, reinforcing the bearish sentiment. Any price movement back into this zone could face significant resistance.

Dynamic Support/Resistance Levels:

Price: 1.08950
This level has been a key support level. If the price continues to fall, this level will likely act as the first line of defense for the bulls. A failure to hold above this support would indicate a deeper bearish move.
Price: 1.12950
This level has been tested and acted as a strong resistance zone. If price approaches this level again, it could lead to further downward pressure as sellers may dominate.

Commentary:

The bearish trend in EUR/USD remains intact, with the price below key dynamic resistance levels and consistently struggling to break through the transition zone at 1.12650 – 1.13600. The price is currently approaching the 1.08950 dynamic support level, which is critical for the continuation of the bearish trend. A break below this level could lead to further downside movement towards the next support zone. As long as sentiment remains bearish, it is expected that any rallies will be limited by the resistance at 1.08950 and the upper transition zone. The market is likely to remain focused on selling opportunities unless there is a significant shift in sentiment.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.

Trade of the Day – 19th of May!

EUR/GBP



EUR/GBP Trade Setup (May 19, 2025):

Bearish sentiment dominates as EUR/GBP trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are established at 0.84130 and 0.84220, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

GBP/USD Trade Setup Result (May 16, 2025)

Market Report – 19th of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD has just shifted to a bullish sentiment, as indicated by the green-colored bar on the Cygni 77 algorithm. After a period of bearish pressure, volume analysis shows renewed buying interest driving the price higher. This shift suggests that buyers are gaining control, potentially signaling the start of an upward trend.

Transition Zones:

1.08650 – 1.09200 – Bearish Transition Zone.
This zone acted as a significant support area during the prior downtrend and marked the shift from bearish to bullish sentiment earlier. If price revisits this zone, it may serve as strong support and attract buyers, reinforcing bullish momentum.

1.12650 – 1.13600 – Bearish Transition Zone.
This higher zone represents a resistance area where sellers previously dominated, causing price reversals. Currently, EUR/USD is approaching this zone, and volume dynamics suggest this area will be a critical test of buyer strength. A failure to break above may result in renewed selling pressure.

Dynamic Support/Resistance Levels:

Price: 1.08950
This level has served as a key dynamic support, where volume clusters indicate strong buying interest. Holding above this level will be crucial to maintain bullish momentum.
Price: 1.12950
This price marks an important dynamic resistance level backed by volume analysis. A successful breakout above this level, supported by increasing volume, could confirm a sustained bullish move towards higher transition zones.

Commentary:

The recent shift to bullish sentiment in EUR/USD is supported by volume dynamics, signaling that buyers are stepping in after a period of selling pressure. The market is currently testing the dynamic resistance near 1.12950, with volume-based indicators highlighting this as a pivotal level. A break and hold above this resistance, accompanied by volume confirmation, could open the door to further upside towards the 1.12650 – 1.13600 transition zone. Traders should watch for potential rejection in this zone, where increased selling volume may challenge the bullish trend. Conversely, failure to maintain support near 1.08950 would signal a weakening of buyer intentions and possible return to bearish behavior. Overall, volume dynamics suggest cautious optimism with a focus on these key levels to validate the strength of the bullish reversal.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.

Trade of the Day – 20th of May!

USD/JPY



USD/JPY Trade Setup (May 20, 2025):

Bearish sentiment prevails as USD/JPY trades below the daily pivot point (DFP), encountering strong resistance near key levels. Important resistance zones are identified at 144.900 and 145.200, favoring short positions as long as price remains below these areas.

Previous’s Trade of the Day

EUR/GBP Trade Setup Result (May 19, 2025)

Attached Image (click to enlarge)

Trade of the Day – 21st of May!

AUD/USD



AUD/USD Trade Setup (May 21, 2025):

Bullish sentiment continues as AUD/USD trades above the daily pivot point (DFP) with strong support confirmed. Key support levels are identified at 0.64050, 0.64200, and 0.64375, favoring long positions as long as price holds above these zones.

Previous’s Trade of the Day

USD/JPY Trade Setup Result (May 20, 2025)

Attached Image (click to enlarge)

Market Report – 21st of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD continues in a bullish sentiment, confirmed by the green-colored bar on the Cygni 77 algorithm. Volume dynamics highlight persistent buying pressure, driving the price upward and signaling strengthening buyer control.

Transition Zones:

1.08650 – 1.09200 – Bearish Transition Zone.
This lower zone remains a significant support area where buyers have previously entered, marking shifts in market intentions from bearish to bullish. Revisits to this zone typically attract buying interest.

1.12650 – 1.13600 – Bearish Transition Zone.
The price is currently testing this upper transition zone, which has acted as resistance in the past. Volume analysis suggests this zone is a critical battleground between buyers and sellers, with the potential to either cap gains or trigger a breakout.

Dynamic Support/Resistance Levels:

Price: 1.08950
This level continues to serve as dynamic support, reinforced by volume clusters indicating buyer activity. Holding above this level is crucial for maintaining bullish momentum.
Price: 1.12950
This dynamic resistance level is currently being tested. Volume-driven selling pressure may arise here, but a successful breakout with volume confirmation could validate further upside potential.

Commentary:

EUR/USD’s bullish trend appears to be strengthening, supported by solid volume dynamics and sustained buying interest. The market is testing the dynamic resistance near 1.12950 within the 1.12650 – 1.13600 transition zone. Traders should watch for volume confirmation to assess whether buyers can break through this resistance or if sellers will reassert control. Maintaining support at 1.08950 remains essential to avoid a reversal in sentiment. Overall, volume insights point to a cautiously optimistic outlook with key focus on the upper transition zone to confirm the continuation of the bullish trend.

Read the full Market Report: https://forexanalysis.com/market-rep...t-of-may-2025/.

Trade of the Day – 22nd of May!

USD/JPY



USD/JPY Trade Setup (May 22, 2025):

Bearish sentiment prevails as USD/JPY trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 143.560 and 144.050, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

AUD/USD Trade Setup Result (May 21, 2025)

Attached Image (click to enlarge)

Trade of the Day – 23rd of May!

USD/CAD



USD/CAD Trade Setup (May 23, 2025):

Bearish sentiment prevails as USD/CAD trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 1.38560 and 1.38760, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

USD/JPY Trade Setup Result (May 22, 2025)

Attached Image (click to enlarge)

Market Report – 23rd of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD continues its bullish sentiment, supported by the green-colored bar on the Cygni 77 algorithm. Volume analysis confirms sustained buying pressure, pushing prices higher within a key resistance zone.

Transition Zones:

1.08650 – 1.09200 – Bearish Transition Zone.
This lower zone remains a significant support level, where buyers have previously stepped in, helping to shift sentiment from bearish to bullish.

1.12650 – 1.13600 – Bearish Transition Zone.
Currently acting as resistance, this zone is critical as the price is trading near its upper boundary. Volume dynamics will determine if buyers can break through or if sellers will regain control.

Dynamic Support/Resistance Levels:

Price: 1.08950
A key dynamic support level where volume clusters indicate buyer interest, essential for maintaining bullish momentum.
Price: 1.12950
This resistance level is being tested, with volume suggesting a potential battle between buyers and sellers. A breakout above this level with volume confirmation could lead to further gains.

Commentary:

EUR/USD is holding a bullish stance, with volume-driven buying pushing the price into a challenging transition zone. Traders should closely monitor volume and price action around the 1.12950 resistance level to assess the potential for breakout or rejection. Maintaining support at 1.08950 remains vital to avoid a sentiment shift. Overall, the volume analysis supports a cautiously optimistic outlook with potential for continued upside if resistance is overcome.

Read the full Market Report: https://forexanalysis.com/market-rep...d-of-may-2025/.

Trade of the Day – 26th of May!

USD/CHF



USD/CHF Trade Setup (May 26, 2025):

Bearish sentiment prevails as USD/CHF trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 0.82220, 0.82440, and 0.82670, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

USD/CAD Trade Setup Result (May 23, 2025)

Attached Image (click to enlarge)

Market Report – 26th of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD continues to show strong upward momentum, as evidenced by the green signal on the Cygni 77 algorithm. Volume analysis supports sustained buying pressure, confirming the positive trend. The pair is approaching critical resistance levels, where traders should watch for potential reactions.

Transition Zones:

1.14600 – 1.15500 – Bearish Transition Zone.
This zone has acted as resistance recently, with volume showing signs of increased selling activity. Price may face difficulty breaking through this level without a significant increase in buying volume.

1.11750 – 1.12600 – Bullish Transition Zone.
This zone remains a solid support area, where buying interest has consistently emerged. Volume confirms this level as a reliable base for potential further gains.

Dynamic Support/Resistance Levels:

Price: 1.10850
This level serves as a key dynamic support, reinforced by consistent volume activity. Maintaining this level is essential for the continuation of the bullish trend.
Price: 1.11750
Currently acting as dynamic resistance, this level will be critical for EUR/USD to break and hold above to confirm further bullish momentum. Volume near this level will indicate the strength of any potential breakout.

Commentary:

EUR/USD remains in a strong bullish phase, supported by volume analysis that confirms buyer dominance. The pair is currently testing resistance near 1.12950, with the potential to challenge the upper transition zone between 1.14600 and 1.15500. Traders should closely monitor volume dynamics around these levels to anticipate possible reversals or breakouts. Maintaining support at 1.10850 will be crucial to managing risk and sustaining the upward trajectory.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.

Trade of the Day – 27th of May!

EUR/GBP



EUR/GBP Trade Setup (May 27, 2025):

Bearish sentiment prevails as EUR/GBP trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 0.83975 and 0.84025, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

USD/CHF Trade Setup Result (May 26, 2025)

Trade of the Day – 28th of May!

AUD/USD



AUD/USD Trade Setup (May 28, 2025):

Bearish sentiment prevails as AUD/USD trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 0.64430, 0.64600, and 0.64780, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

EUR/GBP Trade Setup Result (May 27, 2025)

Market Report – 28th of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD shows continued bullish sentiment with volume supporting buyers’ dominance despite minor pullbacks. Price remains above key dynamic support, indicating strength in the trend. Market participants are cautiously optimistic as price tests the transition zone.

Transition Zones:

1.14600 – 1.15500 – Bearish Transition Zone.
This zone has acted as resistance recently, limiting upward momentum. Volume shows hesitation, making this a key level to watch for potential reversals.

1.11750 – 1.12600 – Bullish Transition Zone.
Buyers have consistently defended this area, as confirmed by volume spikes. It remains a critical support zone for sustaining the bullish trend.

Dynamic Support/Resistance Levels:

Price: 1.10850
This level serves as a significant dynamic support where buying volume increases. Holding above this price is essential for maintaining the current bullish bias.
Price: 1.12950
Currently acting as dynamic resistance, this level has seen notable selling pressure. A decisive breakout with volume confirmation could trigger further upside.

Commentary:

EUR/USD is navigating key transition zones with volume analysis highlighting the battle between buyers and sellers. The pair remains supported above the 1.10850 level, but the resistance at 1.12950 is challenging the bulls. Traders should closely monitor volume and price action near these levels for clues about the next directional move. Maintaining support in the lower transition zone is crucial for the continuation of the bullish momentum.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.

Trade of the Day – 29th of May!

USD/JPY



USD/JPY Trade Setup (May 29, 2025):

Bullish sentiment continues as USD/JPY trades above the daily pivot point (DFP) with strong support confirmed. Key support levels are identified at 144.200 and 144.780, favoring long positions as long as price holds above these zones.

Previous’s Trade of the Day

AUD/USD Trade Setup Result (May 28, 2025)

Attached Image (click to enlarge)

Trade of the Day – 30th of May!

EUR/CHF


EUR/CHF Trade Setup (May 30, 2025):

Bearish sentiment prevails as EUR/CHF trades below the daily pivot point (DFP), facing strong resistance pressure. Key resistance levels are identified at 0.93485, 0.93560, and 0.93640, favoring short positions as long as price remains below these zones.

Previous’s Trade of the Day

USD/JPY Trade Setup Result (May 29, 2025)

Attached Image (click to enlarge)

Market Report – 30th of May, 2025

EUR/USD



Overall Sentiment:

Bullish – EUR/USD shows a mildly bullish sentiment despite recent fluctuations, supported by steady volume levels according to the Cygni 77 algorithm. The price remains above critical support levels, which suggests cautious optimism in the market. Market participants appear to be consolidating near key zones before deciding on the next directional move.

Transition Zones:

1.14600 – 1.15500 – Bearish Transition Zone.
This higher zone continues to act as strong resistance where selling pressure has emerged. Volume confirms that this area is significant for controlling the upward momentum.

1.11750 – 1.12600 – Bullish Transition Zone.
This lower zone acts as foundational support where buyers have entered consistently. Volume supports the strength of this zone as a base for potential upward moves.

Dynamic Support/Resistance Levels:

Price: 1.10850
This dynamic support level is essential for maintaining the bullish bias during any pullbacks. It has been tested multiple times and remains a key area to watch.
Price: 1.12950
This resistance-turned-support level is pivotal for short-term price action. Holding above this level with strong volume would encourage further bullish momentum.

Commentary:

EUR/USD has been oscillating between these transition zones as traders weigh macroeconomic factors. The recent dip was met with buying interest near the 1.11750 – 1.12600 support zone, which helped stabilize the price. Resistance near 1.14600 – 1.15500 remains firm, indicating some hesitation among bulls. Market watchers should focus on volume dynamics at the 1.12950 level to gauge if a breakout to the upside is sustainable. The outlook remains cautiously bullish, with potential for consolidation before a clearer directional trend emerges.

Read the full Market Report: https://forexanalysis.com/market-rep...h-of-may-2025/.