GBPUSD today should buy or sell?GBP/USD continues to build on its bullish momentum, reclaiming the 1.3100 level on Monday morning. The ongoing weakness of the U.S. dollar suggests that the path of least resistance for this pair remains to the upside.
The key monthly employment report is set to be released on Tuesday, followed by the latest consumer inflation data on Wednesday. In addition, investors this week will also face the release of U.S. monthly Retail Sales figures and pay close attention to a speech by Federal Reserve Chairman Jerome Powell — a speech that could play a crucial role in shaping the USD’s price dynamics. These events are expected to provide meaningful catalysts for the GBP/USD pair in the latter part of the week.
Forex
Gold Gathers Strength Amid Global UncertaintyRight now, gold is benefiting from a convergence of highly favorable conditions for a strong bullish trend. Growing concerns about a global trade war have triggered widespread risk-off sentiment, driving capital flows into safe-haven assets like gold. As a result, the precious metal has maintained an impressive upward momentum throughout the past week and is currently stabilizing around $3,235.
From my personal view, the U.S. dollar is showing clear signs of weakness — and that only adds fuel to gold’s rally. The $3,300 mark looks like the next logical milestone, with $3,500 as a longer-term target if the current trend holds. Recent corrections in gold have been shallow and brief, which reflects persistent buying pressure and no signs of a distribution phase at the top.
This week, we should pay close attention to major monetary policy events, including meetings from the Bank of Canada, the ECB, and a speech by Federal Reserve Chairman Jerome Powell. These events could bring increased volatility to the market. However, if central banks hold or cut rates as expected, it will provide even stronger psychological and technical support for gold.
Personally, I remain optimistic about the bullish outlook on XAUUSD — how about you?
Market Analysis: NZD/USD Gains Pace, Bulls Are Back?Market Analysis: NZD/USD Gains Pace, Bulls Are Back?
NZD/USD is also rising and might aim for more gains above 0.5850.
Important Takeaways for NZD USD Analysis Today
- NZD/USD is consolidating gains above the 0.5765 zone.
- There is a key bullish trend line forming with support at 0.5825 on the hourly chart of NZD/USD at FXOpen.
NZD/USD Technical Analysis
On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.5515 zone. The New Zealand Dollar broke the 0.5670 resistance to start the recent increase against the US Dollar.
The pair settled above 0.5765 and the 50-hour simple moving average. It tested the 0.5850 zone and is currently consolidating gains. The pair corrected lower below the 0.5840 level. However, the bulls are active above the 0.5825 level.
The NZD/USD chart suggests that the RSI is stable above 50. On the upside, the pair might struggle near 0.5850. The next major resistance is near the 0.5880 level.
A clear move above the 0.5880 level might even push the pair toward the 0.5920 level. Any more gains might clear the path for a move toward the 0.6000 resistance zone in the coming days.
On the downside, immediate support is near the 0.5825 level. There is also a key bullish trend line forming with support at 0.5825. The first key support is near the 0.5765 level. The next major support is near the 0.5670 level and the 50% Fib retracement level of the upward move from the 0.5485 swing low to the 0.5853 high.
If there is a downside break below the 0.5670 support, the pair might slide toward the 0.5570 support. Any more losses could lead NZD/USD in a bearish zone to 0.5515.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Market Analysis: AUD/USD Gains Pace, Bulls Are Back?Market Analysis: AUD/USD Gains Pace, Bulls Are Back?
AUD/USD started a decent increase above the 0.6150 and 0.6200 levels.
Important Takeaways for AUD USD Analysis Today
- The Aussie Dollar rebounded after forming a base above the 0.6000 level against the US Dollar.
- There is a connecting bullish trend line forming with support at 0.6260 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.5940 support. The Aussie Dollar was able to clear the 0.6065 resistance to move into a positive zone against the US Dollar.
There was a close above the 0.6200 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6315 zone. A high was formed near 0.6314 and the pair recently started a consolidation phase.
There was a move below the 0.6300 level. The pair remained above the 23.6% Fib retracement level of the upward move from the 0.5913 swing low to the 0.6314 high.
On the downside, initial support is near the 0.6260 level. There is also a connecting bullish trend line forming with support at 0.6260. The next major support is near the 0.6220 zone. If there is a downside break below the 0.6220 support, the pair could extend its decline toward the 0.6205 level.
Any more losses might signal a move toward 0.6065 and the 61.8% Fib retracement level of the upward move from the 0.5913 swing low to the 0.6314 high.
On the upside, the AUD/USD chart indicates that the pair is now facing resistance near 0.6315. The first major resistance might be 0.6340. An upside break above the 0.6340 resistance might send the pair further higher.
The next major resistance is near the 0.6385 level. Any more gains could clear the path for a move toward the 0.6450 resistance zone.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
EUR/USD – Golden Crossover & Breakout Confirmation (Multi-T.F)EUR/USD is showing strong bullish signs across both the weekly and daily timeframes, suggesting a potential macro trend reversal in the making. After being trapped below a long-term descending trendline for nearly two years, price has not only broken out but also successfully retested the breakout zone — a key validation for trend continuation.
On the daily chart, a Golden Crossover is now forming, which historically precedes major uptrends in forex pairs. Combined with reclaiming key structural levels and building higher lows, EUR/USD could be positioning for a powerful upside move in Q2 2025.
Let’s dive into the multi-timeframe analysis to understand why this setup could be one of the cleanest trend reversals on the board.
1W Timeframe – Macro Breakout in Progress
EUR/USD has officially broken out of a long-standing descending resistance trendline. This breakout occurred from a structurally important zone that had acted as a ceiling for over 2 years.
📌 Key Observations:
🔹 Price reclaimed and held above the key resistance zone, turning it into strong support.
🔹 Minor resistance zones lie ahead, but structure favors further upside.
🔹 Projection shows potential continuation toward 1.16+ if momentum sustains.
1D Timeframe – Bullish Retest + Golden Cross Forming
Zooming into the daily chart, we see:
✅ A successful retest of the breakout zone, which held as support (bullish confirmation).
✅ Price is now forming a Golden Crossover – where the 50 EMA is crossing above the 200 EMA. This is typically seen as a strong bullish signal in trending markets.
📌 What’s Bullish:
Clean breakout ✔️
Retest with strength ✔️
Momentum crossover ✔️
EUR/USD is now in a strong bullish structure, backed by a confirmed breakout on the weekly and a golden crossover on the daily. If price holds above 1.09, we may see continued upside toward 1.13–1.16 levels in the coming weeks.
Thank you for reading and supporting @unichartz. If you found this analysis helpful, don’t forget to like, follow, and share! 💙
USOIL Chart Overview:
WTI Crude is trading around 61.44, consolidating inside a key resistance zone near62.00. After a strong bullish impulse, price has stalled under this resistance, forming both bullish and bearish paths, highlighting a conflicting market structure
Key Discrepations Identified:
1. Bullish Momentum vs. Resistance Reaction
- Expected: Continuation to 64+ after breakout.
- Reality: Price is struggling below resistance, rejecting upper boundary multiple times.
- Discrepation: Bullish momentum is slowing, and repeated rejections are exposing potential reversal pressure.
2. Volume Strength vs. Breakout Potential
- Volume d…
- Visually this implies strength, but price is hovering in indecision, neither breaking up nor down convincingly.
- Discrepation: Chart setup shows both bullish continuation and bearish breakdown possibilities, confusing structure
4. Double Scenario Projection
- The projection shows both:
- A bullish breakout to 64.
- A rejection and selloff to 58.
- Discrepation: Market is giving mixed technical signals, suggesting traders should wait for confirmation before committing
Discrepation Summary Table:
| Element | Expectation | Observed Reality | Discrepation | Projection Conflict | Clear trend continuation | Dual projection shown | Market indecision + low conviction |
📉 Conclusion:
While WTI remains inside a short-term bullish structure, the presence of conflicting breakout signals, resistance rejections, and declining volume point toward a discrepation. Traders should watch the 62.00 resistance zone closely. A clear rejection or breakout will resolve this divergence, with downside targeting 58.00, and upside toward $64.00.
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BTCUSDBitcoin is currently trading near 84,949 after a strong rally, now approaching a critical order block resistance near86,000. While the overall structure remains bullish, the chart signals a potential shift in market behavior—creating a clear discrepation between price structure and projected move.
Discrepation Breakdown:
1. Rising Trend vs. Order Block Reaction
- Expected: Uptrend to continue, breaking through the resistance zone.
- Actual: Price is hesitating and forming a double-top structure inside the order block, hinting at buyer exhaustion.
- Discrepation: A bullish structure failing to maintain momen…
- Recent candles show weak buying volume near the top despite higher prices.
- Discrepation: Price is rising, but volume is not supporting it—bearish divergence, weakening the bullish outlook.
4. Fair Value Gap (FVG) Overlap
- FVG zone around 82.2k aligns with the bearish target, giving confidence to downside movement.
- Market may seek to fill that gap, creating a conflict with the bullish price structure currently visible.
Discrepation Summary Table:
| Technical Element | Market Expectation | Observed Conflict
| Uptrend + Higher Highs | Continuation toward 86,000+ | Double-top …
Although Bitcoin remains in a short-term uptrend, this chart shows clear bearish discrepation. The failure to break the order block, combined with volume divergence and trendline pressure, suggests a potential drop toward $82,232, especially if price confirms the double-top and breaks the ascending trendline.
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GOLD The chart shows price moving in a tight consolidation zone between the resistance area near 3,245 and support at3,213. While the price has tested the resistance multiple times, it has failed to break out decisively, indicating possible bearish weakness emerging.
---
🔍 Discrepation Zones (Key Conflicts):
1. Price vs. Resistance Reaction
- Expected: Breakout continuation above $3,245 due to repeated testing.
- Actual: Price rejected again after touching resistance.
- Discrepation: Buyers are unable to sustain upward momentum, revealing fading bullish strength despite frequent attempts.
---
2. Volume Behavior vs. Price Actio…
This hidden bearishness suggests sellers may be stepping in before each breakout attempt completes.
—
4. Target Discrepancy at3213.070
- While current price appears stable, the projection clearly anticipates a pullback to 3213.070.
- This level sits just above a major support block, marking a key imbalance between current consolidation and the expected move down.
—
🧭 Discrepation Summary Table:
| Element | Expected Behavior | Observed Behavior | Discrepation |
|————————–|——————————-|————————————-|———————————————|
| Resistance Test | Breakout after repeated tests | Another rejection | Buyers failing to gain momentum |
| Volume Analysis | Increased …
: Gold is showing signs of hidden bearish pressure. Although still inside a range, multiple failed breakout attempts, declining volume, and a projected drop to3213.070 point to a clear discrepation between expected bullish continuation and emerging bearish signals.
📌 Watch how price behaves near the $3,230 level. A decisive break could validate the bearish target, especially if volume increases on the move down.
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EURUSD Day Trade Idea Hi today I am looking at the EURUSD, and can see some potential day trade sell possibly happening soon or now. I have drawn the sell liquidity zone using the red box to show the sell pressure candles back from the current candle. Thank you please support me by following me.
#eurusd #eur #usd #sell #daytrade #day #trade #forex
@ilyaskhan.1994
Falling towards pullback support?EUR/NZD is falling towards the pivot which lines up with the 50% Fibonacci retracement and could bouncer to the pullback resistance.
Pivot: 1.91015
1st Support: 1.87490
1st Resistance: 1.97643
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?GBP/CAD has bounced off the pivot which has been identified as a pullback support and could rise to the 1st resistance which aligns with the 61.8% Fibonacci retracement.
Pivot: 1.8091
1st Support: 1.7913
1st Resistance: 1.8417
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish continuation?EUR/GBP has bounced off the pivot which is a pullback support and could rise to the 128.2% Fibonacci resistance.
Pivot: 0.8608
1st Support: 0.8527
1st Resistance: 0.8767
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Could the Loonie bounce from here?The price is currently at the pivot which is an overlap support and could bounce to the 1st resistance.
Pivot: 1.3876
1st Support: 1.3602
1st Resistance: 1.4147
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish drop?USD/JPY is reacting off the pivot and could drop to the 1st support.
Pivot: 143.93
1st Support: 139.48
1st Resistance: 147.12
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Institutional Supply Zones in Play: Will the Euro FX Rally Hold?Euro FX Futures is currently showing strong bullish momentum on the weekly timeframe, surging toward major supply zones that have historically triggered significant sell-offs. The chart reveals two key supply areas where institutional selling pressure has previously emerged. The first, more immediate zone represents a medium-term supply area that could attract profit-taking or initiate a pause in the current rally. The second, higher zone is a long-term supply area with even greater significance, marking the origin of strong bearish moves in the past. These zones are crucial in the current context, as they highlight potential turning points or consolidation phases as price approaches them.
The overall structure remains bullish, but as the market climbs into these well-defined supply regions, traders should be cautious and watch for any shift in momentum or early signs of distribution. These zones often act as magnets for liquidity and can become battlegrounds between buyers and sellers. Whether this bullish move powers through or reacts with a pullback will depend on how price behaves within these high-supply environments. For now, the market is in a strong phase of upside continuation, but strategic traders will be closely monitoring these zones for potential setups.
JPY Futures: Bulls vs. Bears at 0.00717 – Weekly Decision ZoneJapanese Yen Futures – Weekly Chart Analysis
The Japanese Yen has been climbing steadily after bouncing from a strong demand zone near 0.0062–0.0063, an area where buyers stepped in hard after months of selling. This bounce has created a solid uptrend, breaking previous highs and showing strong bullish momentum.
Right now, price is approaching a key resistance area where sellers took control in the past. This zone has already rejected price once, so we should be watching closely to see if it happens again.
Current Momentum showed us...........
-Strong buying from the demand zone
-Near break above recent highs
-Buyers in control short term
What to Watch Now is............
-Price is near a major supply zone (0.00717) this is where heavy selling occurred before, and sellers may show up again.
-If we see signs of rejection (like long wicks or a sharp drop), we might get a nice pullback
-f price breaks above 0.00717, that would be a strong bullish signal, possibly leading to more upside.
In short
-Short-term trend is Bullish
-Near-term risk possible reversal at resistance
-Trade idea is towait for price reaction at this key level. If rejection shows, short setups could form. If it breaks cleanly, bulls are still in control.
SILVER SHORT FROM STRONG RESISTANCE|
✅SILVER is going up now
Following the market-wide
Bullish rebound on most assets
But a strong wide resistance
Level is ahead around 33.00$
Thus I am expecting a pullback
And a move down towards
The local target of 31.75$
SHORT🔥
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EUR_USD SWING LONG|
✅EUR_USD made a strong
Breakout of the massive wide
Key horizontal level of 1.1235
Which is now a support and
As the breakout is confirmed
And the pair is in a strong
Uptrend our bullish bias is
Confirmed and we will be
Expecting further growth
On Monday
LONG🚀
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EUR_CAD LOCAL REBOUND COMING|LONG|
✅EUR_CAD is trading in
A strong uptrend and the pair
Made a local correction on Friday
To retest the local horizontal
Support level of 1.5700 so
A bullish continuation is to
Be expected but a small
Lot size use is advised
LONG🚀
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Long target Gold is holding steady near the $3,250 mark, fuelled by robust safe-haven demand, trade war concerns, and a softer-than-expected US inflation gauge. The US Dollar keeps trading with heavy losses around three-year lows.
The daily chart shows that the 14-day Relative Strength Index (RSI) is prodding the overbought region at 70, suggesting more room for upside before the buyers’ exhaustion sets in.
The immediate resistance is seen at the $3,250 psychological level, above which a fresh uptrend toward the $3,300 threshold would be in the offing.
On the downside, the initial demand area is seen at $3,200, below which the 21-day Simple Moving Average (SMA) resistance-turned-support at $3,061 could come into play.
If the correction extends, the $3,000 mark will be the last line of defense for buyers.
XAUUSD signal 3237
Support 32000
Support 3150
Support 3009
Resistance 3300
EUR-CHF Local Bullish Bias! Buy!
Hello,Traders!
EUR-CHF has hit a horizontal
Demand level abound 0.9202
And we are already seeing a
Local bullish rebound so
Despite this being a counter
Trend long, we will still be
Expecting a local bullish
Correction on Monday
Because the pair seems to
Be oversold, however, we
Would suggest using small
Lot size due to how risky and
Volatile the market has been
These last few weeks
Buy!
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Check out other forecasts below too!
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Week of 4/13/25: AUDUSD AnalysisDaily bias is bullish, prior week ended bullish with a V shape recovery showing that bulls are in control. As always our MTF internal structure dictates our immediate bias (bullish) and until it breaks, we're continuing our longs.
Price is reaching an important level at the extreme of the HTF supply level so once price gets there, it's good to see what happens next.
Major News: Unemployment Claims - Thursday