GBPAUD - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPAUD has been bullish trading within the rising channels in orange and red.
Currently, GBPAUD is retesting the upper bound of the channels.
Moreover, the $2.085 - $2.1 is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper trendlines and green resistance zone.
📚 As per my trading style:
As #GBPAUD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Forex
USD/CHF Market Analysis – Potential Bullish ReversalThe USD/CHF pair is currently in a downtrend, as indicated by the overall bearish price action. However, the chart suggests a potential reversal scenario.
Price is approaching a key H4 demand zone, which previously acted as strong support. If this level holds, a bullish move could be anticipated. The projected market structure indicates a possible pullback before a continuation upwards, aligning with the larger trend shift.
Traders should monitor price reaction within the demand zone, as a break below could indicate further downside continuation, while a strong rejection may confirm a bullish reversal.
NZDJPY: Pullback From Support 🇳🇿🇯🇵
There is a high chance that NZDJPY will pull back from support.
As a confirmation, I see a double bottom pattern on an hourly time frame
and a breakout of its neckline.
Goals: 85.30 / 85.58
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDJPY - Follow The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been bearish trading within the falling channel in red.
Currently, AUDJPY is approaching the upper bound of the channel.
Moreover, it is retesting a strong structure marked in orange.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the structure and upper red trendline.
📚 As per my trading style:
As #AUDJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD Is Bullish! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 3,128.13.
The above observations make me that the market will inevitably achieve 3,167.36 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD Is Very Bullish! Long!
Take a look at our analysis for EURUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.101.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.123 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDJPY Is Going Up! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 146.824.
Considering the today's price action, probabilities will be high to see a movement to 149.538.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPJPY Will Grow! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 193.194.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 197.049 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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USDJPYHello Traders! 👋
What are your thoughts on USDJPY?
USDJPY is moving within a descending channel and has currently reached the top of the channel, just below a resistance zone.
We anticipate some consolidation in this area, followed by a potential drop toward the bottom of the channel.
For a safer sell entry, it’s better to wait for a break below the specified support level.
After the breakout, a pullback to the broken support could offer a good sell opportunity.
💡Will USD/JPY respect the channel and head lower, or break out to the upside? Share your view below! 👇
Don’t forget to like and share your thoughts in the comments! ❤️
USDCHF Will Go Down! Short!
Here is our detailed technical review for USDCHF.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.884.
The above observations make me that the market will inevitably achieve 0.881 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
DXY Will Go Lower From Resistance! Sell!
Take a look at our analysis for DXY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 104.207.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 102.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GOLD TRADING PLAN – After Breaking ATH & Sharp CorrectionGOLD TRADING PLAN – After Breaking ATH & Sharp Correction
🔥 Former U.S. President Donald Trump has officially announced a comprehensive global tariff policy, targeting multiple countries and regions. This sparked:
📉 A major sell-off in risk assets
💵 A sharp weakening in the U.S. Dollar
🪙 A strong rally in gold, reaching a new All-Time High (ATH) at 3167 as a preferred safe-haven asset
📉 Latest Market Reaction – Gold Corrects from ATH
After a strong bullish breakout, gold is now pulling back from its peak, driven by profit-taking and investor caution ahead of key economic data — including the upcoming Nonfarm Payrolls (NFP) report.
Despite the short-term pullback, the overall trend remains bullish on higher timeframes.
📐 Technical Overview
Yesterday, we identified and traded a symmetrical triangle pattern, which broke out sharply as expected. Now, price is retesting previous breakout zones — where new long opportunities may form.
📌 Focus on BUY setups during the Asian & EU sessions, and be cautious during the U.S. session due to expected volatility.
🔍 Key Technical Levels
🔺 Resistance Levels:
3167 (ATH) – 3175 – 3185 – 3198 – 3206
📝 (These are psychological levels & Fibonacci extensions. Wait for clear candle confirmation before entering.)
🔻 Support Levels:
3140 – 3132 – 3120 – 3112 – 3106 – 3100
🛒 TRADE PLAN
🟢 BUY ZONE: 3112 – 3110
🛑 Stop Loss: 3106
🎯 Take Profits: 3116 – 3120 – 3124 – 3128 – 3132 – 3136 – 3140
🔴 SELL ZONE: 3167 – 3169
🛑 Stop Loss: 3173
🎯 Take Profits: 3162 – 3158 – 3154 – 3150
⚠️ Final Notes
📈 The uptrend is still in play — no need to FOMO sell near the highs.
⏳ Be patient, wait for price to react at key support/resistance zones.
🚫 Avoid overtrading or rushing into trades — tariff news has major global impact.
📅 Stay sharp ahead of Friday’s NFP release — we'll reassess trend direction after the data.
✅ Stick to your risk management: follow your TP/SL strictly.
Wishing you safe & profitable trades! 💼📊
USOIL BULLS ARE STRONG HERE|LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 69.37
Target Level: 70.64
Stop Loss: 68.53
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY SHORT FROM RESISTANCE
CAD/JPY SIGNAL
Trade Direction: short
Entry Level: 104.075
Target Level: 101.220
Stop Loss: 105.968
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
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!
AUD/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 93.929 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBP/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
It makes sense for us to go long on GBP/AUD right now from the support line below with the target of 2.061 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/NZD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2.264 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/CHF Falls to Its Lowest Level in Nearly Five MonthsUSD/CHF Falls to Its Lowest Level in Nearly Five Months
Today, the exchange rate of one US dollar against the Swiss franc dropped below 0.87000 francs—its lowest level since early November 2024.
Since the start of 2025, the USD/CHF pair has declined by more than 4%.
Why Is USD/CHF Falling Today?
On one hand, the US dollar is weakening against other currencies due to Trump’s decision to implement the previously announced tariffs on international trade, as mentioned in our previous post.
On the other hand, the Swiss franc is gaining strength due to its appeal as a safe-haven asset. Furthermore, this morning’s release of the Consumer Price Index (CPI) showed that inflation in Switzerland remains at zero, increasing the franc’s value at a time when tariff conflicts pose risks to the global economy.
Technical Analysis of the USD/CHF Chart
Since the start of 2025, the USD/CHF pair has been following a downward trajectory, highlighted by a declining channel (marked in red), with the following key points:
→ The median line has shifted from support to resistance, as indicated by the arrows.
→ The price broke through the March support level around 0.8757, accelerating the decline.
→ The lower boundary of the channel provided support this morning, slowing bearish momentum.
It is possible that the 0.8757 level will act as resistance in April 2025. However, the future direction of USD/CHF will largely depend on news developments, particularly statements from global leaders regarding tariffs in international trade.
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.
AUDUSD Tap Reading/ Trading Math Analysis Reversal Predictions BDear Trader,
Please find attached my analysis of $Subject, which uses mathematical calculations to identify potential reversal times and price levels.
The analysis details projected south and north price targets (horizontal lines on the chart), along with estimated time frames for possible reversals (vertical lines on the chart, accurate to within +/- 1-2 candles). Please note that all times indicated on the chart, including the vertical lines representing potential reversal times, are based on the UTC+4 time zone.
To increase the probability of these analysis, I recommend monitoring the 5-minute and 15-minute charts for the following key reversal candlestick patterns:
Doji’s
Hammer/Inverted Hammer
Double/Triple Bottom/Top
Shooting Star
Morning Star
Hanging Man
I welcome your feedback on this analysis, as it will inform and enhance my future research.
3rd Apr12:05 PM
3rd Apr 4:30 PM
3rd APr 6:10 PM
3rd APr 6:30 PM
3rd Apr 10:25PM
4th Apr 2:10 AM to 2:30 AM
4th 4:30 AM to 5:35 AM
4th 10:30 AM
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
Trump's Tariff War! GOLD nears targetIn Asian trading on Thursday (April 3), the market's risk-off sentiment increased, boosted by Trump's wide-ranging tariff actions. Spot gold prices jumped to $3,167.77/ounce in early trading, up nearly $37 in a day and hitting a new record high.
OANDA:XAUUSD Continues to Rise as Trump Launches Tariff Campaign
The US Dollar fell sharply in Asian trading on Thursday, contributing to the boost in gold prices. The US Dollar Index is currently at around 103.050, down more than 60 points on the day.
On April 2, local time, the White House issued a statement saying that US President Trump declared a national emergency on the same day to enhance US competitiveness, protect US sovereignty, and strengthen US national and economic security. Trump declared this as America's "declaration of economic independence".
The statement said that Trump will impose a 10% "base tariff" on all countries, effective from 0:01 a.m. Eastern time on April 5. In addition, Trump will impose higher, personalized "reciprocal tariffs" on countries with the largest US trade deficits, effective from 0:01 a.m. Eastern time on April 9. All other countries will continue to adhere to the original base tariff of 10%.
Gold prices hit a new record above $3,160 an ounce after US President Donald Trump announced comprehensive “reciprocal” tariffs, imposing a minimum 10% tax on imported goods, raising concerns that this could trigger a global economic recession.
Investors have flocked to gold as concerns about the health of the global economy have grown. Gold prices have risen 20% this year after a strong rally in 2024, driven largely by central bank buying and strong demand in Asia.
AND IT WILL KEEP RISE AS FUNDAMENTAL SUPPORT IS ABSOLUTELY IN PLACE!
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, after approaching the target level of attention to readers in yesterday's publication at the price point of the 1% Fibonacci extension, there are temporary signs of cooling down, mainly this is considered a correction state after a shock increase.
In terms of trends, gold is currently being noticed by the short-term price channel, this is an uptrend in which the medium-term trend at the price channel is also an uptrend channel, in addition, EMA21 is also the current main support.
On the other hand, the Relative Strength Index (RSI) is also in an uptrend channel, which shows that gold is also in an uptrend in terms of momentum, and a signal for a possible downward correction in terms of momentum can only occur when the RSI folds downwards below 80.
As long as gold remains in the price channel, it is still in an uptrend in the short term, and the notable positions for the day will be listed as follows.
Support: 3,135 – 3,106 – 3,100 USD
Resistance: 3,172 USD
SELL XAUUSD PRICE 3171 - 3169⚡️
↠↠ Stoploss 3175
→Take Profit 1 3163
↨
→Take Profit 2 3157
BUY XAUUSD PRICE 3098 - 3100⚡️
↠↠ Stoploss 3094
→Take Profit 1 3106
↨
→Take Profit 2 3112
Bearish drop?The Loonie (USD/CAD) has reacted off the pivot and could drop to the 1st support.
Pivot: 1.4274
1st Support: 1.4156
1st Resistance: 1.4325
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.
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