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GBP/JPY: Yen Strength Pushes Price Toward Key SupportGBP/JPY has posted a decline of more than 3% over the last four trading sessions, with bearish momentum growing as the market increasingly favors the Japanese yen in the short term. Demand for the yen has risen sharply since last week, when Donald Trump announced a minimum 10% tariff on all imports into the United States. This was further reinforced today by new comments proposing additional 50% tariffs on China, following Beijing’s announcement of countermeasures against the U.S. The yen is historically considered one of the safest currencies, and the recent surge in uncertainty has helped it hold strong against the British pound. Wide Sideways Range The pair remains within a broad long-term range, bounded by a ceiling near 198.676 and a floor around 186.932. Although recent selling has brought the pair close to the lower boundary, price action has not yet been strong enough to break this level, keeping the sideways channel as the dominant technical formation to watch for now. MACD The MACD indicator has started to show a shift in market momentum, with the histogram oscillating below the zero line. This reflects ongoing bearish pressure based on recent moving average behavior, and as long as this pattern persists, selling momentum in GBP/JPY may become increasingly relevant in the coming sessions. RSI The RSI also reflects a bearish tone, with the line currently holding below the 50 level. However, the indicator is gradually approaching the oversold zone near the 30 level, which is typically where selling pressure may begin to ease, potentially opening the door for short-term bullish corrections. Key Levels: 192.493 – Key resistance: Located in the middle of the broader range and roughly aligned with the 200-period moving average. Persistent price action near this level may signal the beginning of a bullish bias in the short term. 190.144 – Tentative zone: This level may act as a potential area for short-term bullish corrections. 186.932 – Current support: Positioned at the bottom of the broader range. If price action breaks below this level, it could pave the way for a much more significant downtrend in the sessions ahead. By Julian Pineda, CFA – Market Analyst
by FOREXcom
1
WHY CADJPY IS BULLISH ?? DETAILED ANALYSIS CAD/JPY is currently trading around 104.200, forming a falling wedge pattern—a technical indicator often suggestive of a potential bullish reversal. Traders are closely monitoring this setup for a breakout, which could potentially propel the pair toward the target price of 107.000, indicating a prospective gain of approximately 300 pips. Fundamentally, the Canadian dollar's performance is closely tied to global oil prices, given Canada's status as a major oil exporter. Recent stability in oil markets has provided underlying support to the loonie. Conversely, the Japanese yen, traditionally viewed as a safe-haven currency, has experienced fluctuations influenced by shifts in global risk sentiment and the Bank of Japan's monetary policy stance. The divergence in economic indicators and central bank policies between Canada and Japan may contribute to the anticipated bullish momentum in the CAD/JPY pair. Technical analysis reinforces this outlook. The falling wedge pattern observed on the charts is characterized by converging trendlines sloping downward, indicating diminishing bearish momentum. A decisive breakout above the upper trendline of the wedge, accompanied by increased trading volume, would serve as a confirmation of the bullish reversal. Key resistance levels to monitor include 105.000 and 106.000, with a sustained move above these thresholds enhancing the likelihood of reaching the 107.000 target. Traders should exercise prudent risk management strategies, such as setting appropriate stop-loss orders, to mitigate potential market volatility. Additionally, staying informed about upcoming economic data releases and central bank communications from both Canada and Japan will be crucial in navigating this trade effectively. By aligning technical insights with fundamental developments, traders can position themselves to capitalize on the potential bullish breakout in the CAD/JPY pair.
Long
by AndrewsMarket-Mastery
1
GBPUSD | Ascending channel breakdown retest? before 1.28700GBPUSD Price Update – Bearish Momentum Alert The ascending channel has officially brokendown after a consolidation phase signaling a strong bearish bias Sellers are gaining control and there’s potential for a deeper move to the downside Key Resistance: 1.28200 | 1.28700 Key Support: 1.27000 | 1.25700 Risk Management Reminder: Always protect your capital—stick to your plan and use proper stop-loss levels Stay informed Stay profitable. Tap Like drop a Comment and Follow for daily market insights premium setups and top-tier signal alerts!
Short
by TrendLinford
3
Is Dogecoin gearing up for a breakout toward $0.18?Hello and greetings to all the crypto enthusiasts, ✌ All previous targets were nailed ✅! Now, let’s dive into a full analysis of the upcoming price potential for Dogecoin 🔍📈. Dogecoin is nearing a key support level that has historically provided strong price stability. A short-term rebound of at least 20% is likely, with potential upside targeting the $0.18 resistance zone. This level marks a significant barrier and could shape the next major price direction.📚🙌 🧨 Our team's main opinion is: 🧨 Dogecoin is bouncing off a key support and could see a quick 20% rally toward the major $0.18 resistance, which might decide its next big move.📚🎇 Give me some energy !! ✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬 Cheers, Mad Whale. 🐋
Long
by MadWhale
1
GOLD Will Go UP! Buy! Hello,Traders! GOLD made a nice correction Of almost 7% on the general Panic over the trade wars which Gives us a great opportunity To jump into Gold with a discount From a nice horizontal support Level of 2945$ from where We will be expecting a Further bullish move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by TopTradingSignals
2
Bulls Take Control – Can EURUSD Reach 1.1150 Again?1. What happened (recap): Last week, EURUSD reached the 1.1150 zone, a level that hasn't been touched since August-September last year. After that, the pair started a correction. Although the week started with a gap down yesterday, bulls took control and pushed the pair higher. 2. Key Question: Has EURUSD completed its correction, or is another drop coming? 3. Why I expect further upside: • 🔑 A retest of the formed support at 1.09 occurred during yesterday’s New York session, followed by a fresh rebound. • 📊 The drop from 1.1150 appears corrective in nature, suggesting the possibility of a new leg up. • 🎯 As long as 1.09 holds, my strategy is to buy dips with the primary target being a retest of the 1.1150 resistance zone. 4. Trading Plan: 📌 I’m looking for buying opportunities on dips, aiming to retest the 1.1150 resistance area. This scenario is invalidated only by a daily close below 1.09. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
2
USDCAD Technical and COT AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
Short
by dkb14246
3
Gold Hits Key Support – Reversal Ahead or More Fall?Gold ( OANDA:XAUUSD ) has entered a Correction phase after losing its ascending channel . Now, if you are in a Short position , this post will help you know where to take profit on your position or if you are looking for a Long position for gold , what area is suitable . Gold is approaching an important Support zone($2,956-$2,917) that I don't think can be broken within a first attack . What do you think? In terms of Elliott waves , Gold appears to be completing a bearish wave 5 , which appears to be able to complete at the Support zone($2,956-$2,917) . I expect Gold to start rising again from the Support zone($2,956-$2,917) and to at least rise to $3,000 again and get close to the Resistance zone($3,058-$3,021) . It is likely to fall again after this move . In your opinion, has Gold started a major correction, and to what price can this correction continue? Note: If Gold can touch $2,890, we can expect further declines. Note: Because the downward momentum is currently high, it is likely that wave 5 will also complete near $2,913, and we will see a fake break of the Support zone($2,956-$2,917). Gold Analyze ( XAUUSD ), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
2
EUR/GBP - Correction LevelsEUR/GBP is hitting high over the past few days. Looking for the correction now before we continue up higher. These levels look pretty solid for the short term as we did just break and retest the trendline we have bounced off of multiple times so far. On top of the break of the trend we have also set up a nice double top formation signaling for a strong potential for the correction to be coming shortly. The big question here is how big of a correction will we look for? I will trail stops into profit as we progress deeper into the trade. I am taking this trade even though I am bullish overall on the pair for a more long term approach. I am more the less hedging my long position to allow me to not enter drawdown and also secure some additional profits through the coming correction Let me know your thoughts here. Lets make some bread!
by Nicholas_k
1
Bitcoin (BTC): Setting Next Target | Eyes On 200EMAWe are setting our new target, as many of you know, near the $70-73K area, which has been one of our major targets since the inauguration of Trump. Talking about this week, we had a very sharp start where we formed a really big CME gap, which has been filled halfway, so it's hard to say if we will drop from here or test that 200 EMA first but one thing is clear for us: our target will be reached. This being said, the best strategy for us here would be a DCA and that's what we are doing! Swallow Academy
Short
by SwallowAcademy
1
Will BITCOIN prove to be resilient amidst this market crash??Bitcoin (BTCUSD) just hit its 1W MA50 (red trend-line) for the first time since September 06 2024, while completing the first 1D Death Cross since August 09 2024. This is a critical double combo development as last time those conditions emerged it was a bullish signal. Despite the theoretically bearish nature of the Death Cross, the last one on 1D was formed just four days after the market's previous major long-term bottom of August 05 2024. That bottom was exactly on the level that the market hit today, the 1W MA50. The 1W RSI sequences among the 2 fractals are identical and if it wasn't for the abysmal negative market fundamentals regarding the back-and-forth tariffs, that would be an automatic long-term buy entry, the 3rd on of this Bull Cycle. The only condition we can technically rely on right now, amidst the stock market crash, is for the weekly candle to close above the 1W MA50, as it did on August 05 2024. In that case and of course if and only if the trade war gets under control (and/ or the Fed makes an urgent rate cut), we can expect a new long-term Bullish Leg to begin towards $150k and above. Failure to address those concerns and a 1W candle close below the 1W MA50, can result into a stronger sell-off towards $50000 and the next long-term technical Support level of the August 05 2024 Low (49150). That would also be a major Support cluster as the 1W MA200 (gray trend-line) is just below that level (and holding since October 16 2023) and by the time of the drop, the market may test that as well. So what do you think? Will BTC turn out to be resilient amidst this market crash or will it follow suit and decline towards $50k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
5
Hanzo | Gold 15 min Breaks – Will Confirm the Next Move🆚 Gold The Path of Precision – Hanzo’s Market Strike 🔥 Key Levels & Breakout Strategy – 15M TF 🔥 Deep market insight – no random moves, only calculated execution. ☄️ Bullish Setup After Break Out – 3060 Zone Price must break liquidity with high volume to confirm the move. ☄️ Bearish Setup After Break Out – 3014 Zone Price must break liquidity with high volume to confirm the move. ☄️ Bearish Setup After Break Out – 3000 Zone Price must break liquidity with high volume to confirm the move. 🩸 15M Time Frame Confluence ———— CHoCH & Liquidity Grab @ 3059 Key Level / Equal lows Formation - 3014 Strong Rejection from 3014 – The Ultimate Pivot Strong Rejection from 3060 – The Ultimate Pivot Strong Rejection from 3082 – The Ultimate Pivot 🔥 1H Time Frame Confirmation Twin Wicks @ 3055 – Liquidity Engineered Twin Wicks @ 3060 – Liquidity Engineered Twin Wicks @ 3014 – Liquidity Engineered ☄️ 4H Historical Market Memory —— 💯 3 Apr 2025 – Bullish Retest 3054 💯 27 march 2025 – Bullish Retest / Spike 3054 💯 26 March 2025 – Liquidity Grab Range 3016 : 3010 👌 The Market Has Spoken – Are You Ready to Strike?
TVC:GOLD
by Path_Of_Hanzo
6
BTC - Key support retest and potential short squeeze in play!Over the last several trading sessions, Bitcoin (BTC) has experienced a notable pullback, retracing nearly 10% from its recent highs. This correction brought the price down below the previously established support level at $76.7K, a critical area that had previously acted as a base during prior consolidations. At first glance, this breakdown appeared to signal a potential shift in market structure, potentially opening the door to deeper downside movement. However, price action suggests there may be more nuance to this move. Despite the intraday dip below $76.7K, Bitcoin managed to recover into the close, with the daily candle finishing with its body above the prior wick at that level. This forms what’s known as a Swing Failure Pattern (SFP), a bullish reversal signal that occurs when price breaks below a key low (or above a key high) only to reclaim it by the candle close. This type of setup often traps breakout traders on the wrong side of the move and can lead to a sharp reversal as positions unwind. Today’s price action adds further interest to this setup. Bitcoin dipped again to retest the $76.7K level, which not only lines up with the previous wick low but also coincides with the golden pocket of the Fibonacci retracement zone, typically measured from the recent local low to the high of the previous move. This 0.618–0.65 Fibonacci range is often viewed as a high-probability area for reversals or continuation moves, particularly in trending markets. The confluence between the golden pocket and the psychological $76.7K level strengthens the idea that this zone could serve as a reliable support in the short term. If BTC can continue to hold above this area, we may be witnessing the formation of a local bottom, which could lead to a relief rally or short squeeze in the coming days. SFP : Leave a like and comment :) Follow for more content.
by Youriverse
2