Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of October 6th 2025 is here. It is now time to recap and summarize the trade setups that we had during last week. Below you will find a short explanation of all the trade setups we had last week and how it has currently developed now.
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EURJPY – My idea here was “On the M15 chart, we could see that currently we have a strong bearish momentum here as well. Also while measuring this strong bearish move we have two key resistance zones that has formed. The first key resistance zone is formed based on the 23.6%(173.911) – 38.2%(174.192) Fibonacci retracement levels of the strong bearish move. The second key resistance zone is formed based on the 50%(174.354) – 61.8%(174.516) Fibonacci retracement levels of the strong bearish move. Until both these key resistance zones shown in the image below (marked in red) holds my short term view remains bearish here and I expect the price to move lower further”.
Current Scenario – In EURJPY, based on the above-mentioned analysis, until the two key resistance zones hold I was expecting short term bearish moves to happen here. The price moved lower as expected and provided a nice move to the downside as you can see in the image below!
NZDUSD – My idea here was “On the H4 chart, we could see that currently we have a strong bearish momentum here as well. Also while measuring this strong bearish move we have two key resistance zones that has formed. The first key resistance zone is formed based on the 23.6%(0.58133) – 38.2%(0.58502) Fibonacci retracement levels of the strong bearish move. The second key resistance zone is formed based on the 50%(0.58801) – 61.8%(0.59100) Fibonacci retracement levels of the strong bearish move. Until both these key resistance zones shown in the image below (marked in red) holds my short term view remains bearish here and I expect the price to move lower further after pullbacks”.
Current Scenario – In NZDUSD, based on the above-mentioned analysis, until the two key resistance zones hold I was expecting short term bearish moves to happen here. The price action is following the bearish expectations so far, my plan still remains the same here.
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Happy Trading!
Arvinth Akash
Home Trader Club Team.
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