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USD/CAD Trend in Today's European and American Trading Sessions✍ ✍ ✍ USD/CAD news: ➡️ The USD/CAD pair continued its downtrend for the fourth consecutive day as selling pressure on the US dollar remained dominant. ➡️ Concerns that Trump's tariffs could lead to a US recession, prompting the Fed to cut interest rates, weighed on the greenback. ➡️ Meanwhile, overnight declines in crude oil prices weakened the Canadian dollar, providing some support to the pair. ➡️ Additionally, traders appeared hesitant to take fresh positions ahead of upcoming jobs reports from both the US and Canada. Personal opinion: ➡️ The USD/CAD pair is showing signs of a bullish recovery after entering oversold territory. This bodes well for the pair. ➡️ In the long run, the trade war impact will lead to more risks for currencies like CAD. So this is still an advantage for the USD ➡️ Analysis based on important physical dimensions - support and Fibonacci combined with EMA and trend to come up with a suitable strategy Plan: 🔆Setting up the price zone: 👉Buy USD/CAD 1.4110– 1.4100 ❌SL: 1.3970 | ✅TP: 1.4160 – 1.4200 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Stable Awaiting US NF After Yesterday’s Crazy 2000 Pips Move🔔🔔🔔 Gold news: ➡️ The spot gold price struggled to maintain the $3,100 level during US trading, dropping from a new record high of $3,167.68. The XAU/USD pair surged during Asian trading hours yesterday as market participants panicked following the "Liberation Day" announcement by US President Donald Trump. ➡️ Financial markets were in turmoil amid speculation that inflation would soar while economic progress could stall. Concerns over a potential economic recession in the US grew, along with speculation that the Federal Reserve (Fed) might need to adjust its monetary policy accordingly. The US dollar dropped sharply, and stock markets around the world also declined. Personal opinion: ➡️The drop in gold prices was mostly due to profit-taking by bulls after seeing the RSI of gold enter overbought territory and halting trading to monitor developments. ➡️Yesterday was a very rare crazy day when the gold price fluctuated up and down by 2000 pips. ➡️ Today the market will be slower and less volatile to wait for the NF news from the US to consider the new momentum to push the gold price. So watch the strong technical resistance - support zones to be able to make profits from them. Resistance zone: 3113– 3137 Support zone: 3085 - 3070 - 3060 Plan: 🔆Price Zone Setup: 👉Buy Gold 3084- 3086 (Scalping) ❌SL: 3079 | ✅TP: 3090 – 3093 – 3100 👉Buy Gold 3058- 3060 ❌SL: 3053| ✅TP: 3065 – 3070 – 3080 👉Sell Gold 3128- 3130 (Scalping) ❌SL: 3135 | ✅TP: 3124 – 3120 – 3116 👉Sell Gold 3065- 3067 ❌SL: 3172| ✅TP: 3160 – 3155 – 3150 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
EUR/USD: Euro Tested Before Tariff NewsIn the early trading session on Wednesday, the euro against the US dollar fluctuated narrowly around 1.0800. It had declined slightly for the second consecutive day on Tuesday and entered a consolidation phase around 1.0800 in the European morning on Wednesday. The short - term technical outlook failed to offer a clear price trend indication.​ The disappointing macroeconomic data from the US on Tuesday made it hard for the dollar to strengthen, thus supporting the euro against the dollar. However, the cautious market sentiment prevented the currency pair from gaining upward momentum.​ Later today, the ADP Employment Change data will be on the US economic calendar. But investors are unlikely to respond to this data before President Donald Trump announces the tariff measures on "Liberation Day".​ The RSI indicator continues to move sideways around 50, reflecting a lack of clear short - term directional momentum for the EUR/USD. If the euro remains below 1.0800 and this level is confirmed as resistance, technical sellers may act, opening the door for a further slide towards 1.0730 (200 SMA). On the upside, 1.0840 ( 20 SMA) is the first resistance level, followed by 1.0900 and 1.0950. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Short
by JohnGonzalez7
6
Maintain bearish trend awaiting US NFP news✍ ✍ ✍ Gold news: ➡️Gold extended its correction ahead of Friday's Non-Farm Payrolls release, falling below $3,100 as markets remained volatile. Investors remained uncertain about the direction of the market following Trump's retaliatory tariff announcement. Meanwhile, gold continued to face profit-taking pressure while seeking support for its recovery. Personal opinion: ➡️ With the upcoming NFP news, gold prices are expected to remain in a short-term downtrend zone pending this important news. ➡️Analysis based on important resistance - support zones and Fibonacci combined with trend lines and SAM to come up with a suitable strategy Resistance zone: 3112– 3133 -3165 Support zone: 3079 - 3067 - 3058 Plan: 🔆Price Zone Setup: 👉Buy Gold 3077- 3079 (Scalping) ❌SL: 3074| ✅TP: 3082 – 3085 – 3090 👉Buy Gold 3058- 3060 ❌SL: 3053| ✅TP: 3065 – 3070 – 3080 👉Sell Gold 3108 - 3110 (Scalping) ❌SL: 3115 | ✅TP: 3104 – 3100 – 3096 👉Sell Gold 3033- 3035 ❌SL: 3140 | ✅TP: 3128 – 3122 – 3115 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Massive storm hiting the crypto market soon!The Correlation Between SPX500 (Wall Street) & Crypto 📉📈 The relationship between SPX500 and crypto is not always stable. Sometimes they move in sync, like the Earth and Moon, and other times, they are completely decoupled. But rarely, we get an eclipse—a moment of total disconnection. And guess what? That’s about to happen. 🔎 What’s Happening? Looking at the charts, SPX500 had a massive rally last year, but while Wall Street boomed, crypto was bleeding. Most altcoins were slaughtered, and the TOTAL crypto market cap suffered. But now, SPX500 is overbought, while crypto is oversold. 👉 This time, the decoupling will work in crypto’s favor! 💰 $2 Trillion in Sidelined Cash Ready to Flow In Right now, about $2 trillion USD is sitting on the sidelines—money that institutional investors are hesitant to deploy due to market uncertainty. Many are keeping their funds in USD or foreign bonds instead of taking risks. However, if you check my April/May forecast, we can see that: ✅ Crypto will be deeply oversold (confirmed by RSI & weekly MACD crossover). ✅ The US Dollar is weakening, forcing investors to move their money into other assets. ✅ SPX500 turning bearish = capital rotating into crypto. 🚀 The Perfect Storm for Crypto 📉 SPX500 bearish 💵 USD weakening 📈 Crypto bullish This creates the perfect setup for rich investors to flood the crypto market with fresh liquidity. 💡 What does this mean for prices? - CRYPTOCAP:BTC could double (100% gain). - Altcoins could skyrocket (x10 to x100). - This would finally trigger the altseason we’ve been waiting for—the parabolic move that happens once every four years. 📆 Timeline: April – June 2025 This move will be so explosive that it will eventually trigger a correction—possibly leading to a bear market. However, since crypto now moves in 6-month cycles, this correction should end by December 2025, setting up another leg up. 🏁 Final Thoughts This kind of SPX500 & crypto decoupling is extremely rare, so positioning before the rotation starts is crucial. ⏳ Exact timing? Hard to say. But April/May looks like the moment when everything aligns. 🚨 DYOR as always—anything can happen to invalidate this idea.
CRYPTOCAP:TOTALLong
by CryptoNikkoid
10
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed sharply lower due to the aftermath of tariff impositions. Following a significant gap-down, the index broke below the lower Bollinger Band, intensifying selling pressure. Yesterday’s bearish candlestick confirmed a sell signal, leading to an expanded third wave of selling. The index has now reached the previous support zone near 18,500, with additional volatility expected due to today’s Non-Farm Payrolls (NFP) report and Fed Chair Powell’s speech. On the monthly chart, the Nasdaq is forming a lower shadow around the 20-month moving average. Given the sharp decline, if further selling occurs, oversold conditions may trigger a strong rebound, making it risky to chase shorts at this stage. The 240-minute chart also shows a sell signal, with heavy selling pressure continuing. However, this is a risky zone to enter new short positions, so it's advisable to monitor short-term price movements before making a move. Regardless of whether you take long or short positions, due to high volatility, make sure to set stop-loss levels and adjust leverage to a manageable risk level. Additionally, the VIX surged, forming a large bullish candle and reaching its March 11 high. With the VIX in an uptrend and a buy signal appearing, further volatility expansion is likely. However, since it has reached a key resistance zone, a short-term pullback in the VIX could allow for a Nasdaq rebound. For the VIX to break above its previous high, a period of consolidation may be necessary. Given the strong buying momentum on both the weekly and monthly charts, this should be taken into consideration when forming a trading strategy. Crude Oil Crude oil plunged following the OPEC meeting, where supply increases became a key issue. While oversupply concerns are a factor, the economic slowdown fears from tariffs have also played a major role in the decline. Previously, $68 was considered a strong support level, but oil collapsed from $72 in a steep decline. The final key support lies around $66. On the daily chart, the MACD and signal line are converging near the zero line, suggesting that once a new wave begins, it could lead to a strong trend movement. Depending on today's session and Monday’s market, oil could see an aggressive breakout in either direction. Current candlestick patterns indicate that the weekly chart remains bearish, meaning holding long positions over the weekend carries significant risk. The 240-minute chart also confirms a strong sell signal, with MACD plummeting. Oil may form a temporary sideways range near the $66 support, but if this level breaks, selling pressure could intensify. Ensure you manage stop-loss risks carefully in case of further downside. Gold Gold declined, reacting to fluctuations in the U.S. dollar's value. The price failed to hold above $3,200 and dropped below the 5-day moving average. Gold has been in a one-way trend, so a bullish approach remains valid unless it breaks below the 10-day MA. However, it has now entered a range-bound phase, and MACD on the daily chart is nearing the signal line, suggesting potential downside risks. The MACD failed to break its February highs, increasing the likelihood of divergence, which could trigger a strong correction if selling intensifies. With rising market volatility and today's NFP release, further wild swings in gold prices are expected. The 240-minute chart has shown a sell signal, leading to a sharp decline. However, the price has found support near a key resistance-turned-support zone. Since the MACD and signal line remain above the zero line, gold may continue trading within a range in the short term. On shorter timeframes, candlestick volatility is high, so reducing leverage and widening stop ranges would be a prudent strategy. During periods of extreme market volatility, technical analysis may become less effective, as market sentiment often overrides chart patterns. As always, trade only within your manageable volatility range. The market is always open, so even if you incur losses, there will always be opportunities to recover. Manage risk wisely, and best of luck with your trades today! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
The Day Ahead US Jobs & FED Powell speech US March Jobs Report Most important release this week. Strong report boosts the dollar and bond yields Weak report supports stocks and pressures the dollar Canada March Jobs Report Strong numbers lift the Canadian dollar Weak numbers weigh on CAD Germany, France, Italy Data Includes factory orders, industrial production, and retail sales Weak data puts pressure on the euro Strong data supports the euro Japan February Household Spending Low spending signals continued Bank of Japan easing, weakens the yen Higher spending may support the yen UK March Car Sales and Construction PMI Positive surprises could lift the pound Sweden March CPI Hot inflation could delay rate cuts and support the krona Cooler CPI may lead to SEK weakness Central Bank Watch Fed’s Powell and Barr Speaking Hawkish tone strengthens the dollar and lifts yields Dovish comments could boost risk assets and weaken the dollar This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
XAU/USD Trend Today - Wide and Unpredictable Trading Range🔔🔔🔔 Gold news: ➡️ The price of gold (XAU/USD) continues its decline after reaching an all-time high on Thursday, though it remains above the $3,100 level in early European trading. Optimistic traders are taking profits and scaling back their positions amid mildly overbought conditions. However, persistent concerns over potential economic harm from President Donald Trump's reciprocal tariffs are expected to support the safe-haven appeal of the precious metal. Personal opinion: ➡️ The effects of the gold price increase are too much. Therefore, the current decline in the gold price to the 3125 area compared to the peak of 3167 is just profit-taking by buyers. Consider strong technical resistance - support zones to get the best profit for you ➡️ Analyze based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy Resistance zone: 3137 - 3150 - 3165 Support zone: 3113 - 3100 - 3184 Plan: 🔆Price Zone Setup: 👉Sell Gold 3150 - 3148 (Scalping) ❌SL: 354 | ✅TP: 3145 - 3142 - 3139 👉Sell Gold 3165- 3167 ❌SL: 3172| ✅TP: 3160 – 3155 – 3150 👉Buy Gold 3086- 3084 ❌SL: 3079| ✅TP: 3090 – 3095 – 3110 👉Buy Gold 3100- 3102 ( Scalping) ❌SL: 3095 | ✅TP: 3106 – 3112 – 3120 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Ethereum - The Perfect Crypto Trade!Ethereum ( CRYPTO:ETHUSD ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 For the past four years, Ethereum has overall been trading sideways with significant swings towards the upside and downside. As we are speaking, Ethereum is retesting a significant confluence of support and if the bullrun actually continues, Ethereum will rally parabolically. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
8
US Tariffs Global Stock Market Crash and International Reactions Hello, I am Forex Trader Andrea Russo and today I am talking to you about what happened yesterday, Liberation Day. Yesterday, US President Donald Trump announced new "reciprocal" customs duties against several countries, including the European Union, China, the United Kingdom and many others. This announcement, called "Liberation Day" by the White House, has triggered a series of chain reactions on global markets. The new tariffs, ranging from 10% to 46%, have been justified as a measure to rebalance international trade practices and protect the American economy. However, the immediate impact has been a significant collapse of global stock markets. Investors, worried about possible retaliation and the escalation of trade tensions, have reacted by massively selling their shares. In Europe, European Commission President Ursula von der Leyen said the EU was ready to respond with appropriate measures, while Italian President Sergio Mattarella called the new tariffs a "profound mistake." The oil market also took a hit, with the price of WTI falling to $69.87 a barrel. The impact on financial markets was devastating. On Wall Street, the Dow Jones closed down 3.5%, while the Nasdaq lost 4.2%. European stocks were not far behind, with London's FTSE 100 losing 3.8% and Frankfurt's DAX falling 4.1%. Asian stocks also suffered sharp declines, with Japan's Nikkei closing down 3.7%. For forex traders, these dynamics represent both a challenge and an opportunity. Market volatility can offer opportunities for profit, but it also requires careful risk management. It is essential to closely monitor geopolitical news and market reactions to make informed decisions. In conclusion, the global economic landscape is in a phase of great uncertainty. As a trader, it is essential to stay updated and ready to react quickly to changes. Keep following my updates for more analysis and trading tips. Happy trading everyone!
Education
by Andrea_Russo_SwipeUP
BTC — bull trap in the makingPrice is approaching a descending trendline, and a fake breakout toward $90K could offer a clean short setup. 1️⃣ Trendline test incoming BTC is nearing a key downward trendline. A breakout could trigger a push into the $88.7K– GETTEX:92K zone (H12 OB / range low). 2️⃣ Short setup area If price reaches that zone, it becomes a prime candidate for short entries, targeting: 📉 $82.3K (monthly open) 📉 $76K–78K (D1 FVG zone) 3️⃣ Not a good spot now At ~$85K, we’re stuck in “diddle in the middle” — no clear edge for new entries. Best to stay patient and wait for either: Trendline breakout + deviation above $90K Or weakness at $88.7K (previous weekly high) 4️⃣ Beware April games Expect potential April manipulation — fake breakouts followed by sharp rejections. Stay sharp, and don’t chase pumps blindly. 🧭 Plan: Wait for a clean sweep above $88.7K–$90K → watch PA for weakness → consider short.
Short
by Goldfinch_song
EUR/GBP (1H) – Rising Wedge Breakdown & Short Trade Setup1. Overview of Market Structure The EUR/GBP pair is forming a Rising Wedge Pattern, a well-known bearish reversal formation, which suggests that the current uptrend may soon reverse into a downtrend. The price has been moving within a tightening range, making higher highs and higher lows, but the upward momentum appears to be weakening. A breakdown from this wedge is a strong bearish signal, indicating that sellers are gaining control, and a significant price drop is expected. 2. Chart Pattern: Rising Wedge – Bearish Reversal A Rising Wedge is a pattern that occurs when price moves upward within a contracting range. This pattern typically forms after an uptrend and suggests that bullish momentum is slowing down. Characteristics of the Rising Wedge in This Chart: The price has tested the upper resistance zone multiple times, but each attempt has resulted in a rejection. The lower support trendline has been tested frequently, showing that buyers are losing strength. The breakdown of the wedge signals a strong bearish move, with price expected to drop toward key support levels. This pattern becomes valid once the price breaks below the lower trendline, confirming the bearish outlook. 3. Key Technical Levels & Zones A. Resistance Zone (0.84853) – Strong Supply Area Marked as a Resistance Zone, where price has struggled to break through. Sellers have stepped in around this level multiple times, preventing any further bullish movement. Acts as a major stop-loss level for bearish trades, as a breakout above this zone could invalidate the setup. B. Support Zones (Potential Take-Profit Targets) 1st Support Level (TP1) – 0.82539 This level has previously acted as strong support, where buyers have entered the market before. A short-term pullback or consolidation may occur here. 2nd Support Level (TP2) – 0.81332 This is the final bearish target, marking a key demand zone from where price has bounced in the past. If bearish momentum continues, price could reach this level, making it an ideal take-profit zone for swing traders. 4. Trading Strategy & Execution A. Entry Strategy A short trade is ideal after the price breaks below the rising wedge pattern. There are two possible entries: Aggressive Entry: Enter immediately after the breakout of the lower trendline, anticipating strong downside momentum. Higher risk as price might retest the trendline before moving down. Conservative Entry: Wait for a retest of the broken trendline before entering short. This confirms the breakdown, reducing false breakout risks. B. Stop-Loss Placement Stop-loss should be placed just above the resistance zone (0.84853). This prevents being stopped out by minor pullbacks before the actual move happens. C. Take-Profit Targets TP1: 0.82539 (First major support level – potential profit booking area) TP2: 0.81332 (Final bearish target – strong demand zone) 5. Risk Management & Trade Management Risk-to-Reward Ratio (RRR) This trade offers a high RRR, making it an attractive setup. The stop-loss is small compared to the potential downside move. Trailing Stop Strategy A trailing stop can be used to lock in profits as price moves lower. If price reaches TP1, move stop-loss to breakeven to secure capital. If price reaches TP2, close the trade for maximum profit. Exit Strategy Exit early if price fails to break key support zones. Monitor price action around TP1 & TP2 for signs of reversal. 6. Sentiment Analysis & Market Context Bearish Confirmation: Breakdown from the wedge signals bearish sentiment in the market. If price fails to sustain above support zones, further downside is likely. News & Fundamentals: Major economic events or interest rate decisions could impact EUR/GBP volatility. Traders should check for UK & Eurozone news before entering the trade. 7. Conclusion – Bearish Outlook The Rising Wedge breakdown is a strong short-selling opportunity. Confirmation is key: Enter short after the breakdown, use proper risk management, and aim for TP1 & TP2. If price invalidates the pattern by breaking above 0.84853, the trade setup should be reconsidered. This setup provides a high-probability bearish trade with a well-defined stop-loss and risk-to-reward ratio.
Short
by GoldMasterTrades
NFP - Shorting GoldThe gold market experienced huge fluctuations on Thursday, which created very good profits for us. During the entire trading process, we seized the profits of fluctuations of more than $50. The unemployment rate and NFP data during the US trading session on Friday, as well as Powell's speech on the economic outlook, are the focus of Friday's trading. Judging from the data released in March, the unemployment rate and NFP are more likely to be bearish for gold, so when trading data, my plan is to focus on short positions. At present, in terms of technical form, the indicators show that the bulls have not ended. In this case, the transaction needs to pay attention to the 3123/3136 resistance. If it cannot break through, the price is expected to fall again to 3103 or even 3086. Overall, today's trading focus is to sell at high levels.
FOREXCOM:XAUUSDShort
by Trading_King_Arthur