NZDUSD to find buyers at market price?NZDUSD - 24h expiry
Price action has stalled at good support levels and currently trades just above here (0.5725).
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5775 will confirm the bullish momentum.
The measured move target is 0.5800.
We look to Buy at 0.5725 (stop at 0.5690)
Our profit targets will be 0.5795 and 0.5800
Resistance: 0.5775 / 0.5795 / 0.5800
Support: 0.5725 / 0.5700 / 0.5690
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Longsetup
GBPUSD: Bears have maintained control since the week kicked offHi there!
Today, the GBPUSD currency pair continues to maintain a clear downward trend on the 1-hour timeframe, currently fluctuating around the 1.2900 level. Market caution remains the key factor contributing to this weakness, as investors show hesitation amid uncertainties surrounding US tariff policies, as well as unpredictable expectations from US-Russia negotiations regarding the peace agreement in Ukraine.
Technically, GBPUSD is moving within a well-defined descending price channel on H1, indicating that sellers remain in control. Notably, the EMA 34 and EMA 89 lines are acting as strong dynamic resistance levels, consistently pushing prices back down during each recovery attempt.
Personally, with such technical signals, I lean towards a trend-following selling strategy, targeting the channel bottom around the 1.2840-1.2850 zone.
What about you? Are you inclined towards buying at the bottom, or do you prefer to stay aligned with the current downward trend? Please share your perspective!
GOLD –> The environment remains tense and retesting 3025OANDA:XAUUSD forming a correction after exiting the descending channel. The technical situation is confusing and complex. The focus is on the important support level at 3004. The price movement depends on the fundamental data...
The main concern revolves around uncertainty regarding President Trump's tax plan announcement scheduled for next week.
Markets are closely monitoring US personal consumption expenditure data, set for release on Friday, to gain insights into the Fed's next policy moves. Theoretically, the likelihood of interest rate cuts appears to be diminishing slightly, and this remains genuinely bullish for inflation hedge assets like gold.
In other developments, the US has agreed to a partial maritime ceasefire between Russia and Ukraine.
Technically speaking, the situation is straightforward in that everything depends on the current channel's resistance. A breakout and consolidation above 3025 will trigger growth. A consolidation from the channel resistance level will cause continued decline to both 3004 and 2980.
Based on the current environment, I can conclude that gold will attempt to strengthen once again, as we have technical support: strong bullish trend, strong 3004 level, and a series of rising local lows.
A failed breakout attempt would be misleading, and in this case, price consolidation below 3017 will trigger a decline to 3004.
#BERAUSDT shows bullish momentum 📈 Long BYBIT:BERAUSDT.P from $8.080
🛡 Stop loss $7.905
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is at 6.699, indicating the area of highest volume accumulation.
➡️ The 7.905 level acts as the nearest support zone and is a key stop-loss reference point.
➡️ The chart BYBIT:BERAUSDT.P shows a strong bullish breakout with consolidation above previous range, signaling a possible trend continuation.
➡️ Rising volume confirms strength behind the move.
🎯 TP Targets:
💎 TP 1: $8.204
💎 TP 2: $8.320
💎 TP 3: $8.430
📢 Watch key levels closely — better to enter after signal confirmation!
📢 If the price holds above $8.080, the TP targets are likely to be hit.
📢 If stop level is breached, the setup may need reevaluation.
BYBIT:BERAUSDT.P shows bullish momentum — looking for further upside!
EURUSD: Bears continue to enjoy the advantageHello everyone.
Yesterday, EURUSD experienced a significant price liquidation, dropping to 1.0800 and closing at the lowest level of the week.
This correction occurred as the US Dollar (USD) regained momentum, with the US Dollar Index (DXY) pushing further above the 104.00 mark as investors continued to monitor the latest developments surrounding tariffs.
With the current price structure, I still prioritize a selling strategy, especially as long as it remains below both the EMA 34 and EMA 89 lines, the main trend remains downward. Pay attention to the support level at 1.0870, from which there is potential for a breakdown and further price decline.
Wishing you successful and profitable trading!
Latest Gold Update Today!Dear friends, let's explore the gold price after major fluctuations!
On developments and results:
Gold is typically considered a safe-haven instrument during economic and political turbulence and tends to rise in value when interest rates are low. This year, the price has set new highs 16 times, reaching a record of $3,057 during the March 20 session.
Conclusions about gold and trends:
"The market is cooling down. Profit-taking activities are occurring and the dollar is also stronger." Nevertheless, safe-haven demand, both for political and commercial risks, will continue to be the main driving force for gold prices.
The strategy of buying gold during price corrections remains reasonable, as long as the important support level at $2,980 holds firm. For prices to extend further gains, they need to break above the resistance level of $3,060 as mentioned on the 1-hour hart.
What are your thoughts on gold's movement? Please leave your comments to let me know! Good luck!
USDJPY: Buyers continue to dominate the marketDear friends!
As Brian mentioned in his previous analysis, USDJPY's breakout from the bearish channel has led to a significant price increase. At the time of writing, the price is trading below the 151.00 resistance level. The upward trend is particularly strong as it consolidates at high levels with stable trading activity on the 1-hour timeframe.
Additionally, the market's optimistic sentiment - driven by hopes for less disruptive US trade tariffs, Russia-Ukraine peace negotiations, and China's stimulus measures - is considered a headwind for the safe-haven JPY. This has contributed to making the market hotter than ever before. The price increase is expected to reach 151.85, which corresponds to the 1.618 Fibonacci level. What are your thoughts on this matter? Do you agree with me?
Gold heads toward a record highBrian, hello everyone!
Today, the gold market continues to trade above $3,000. It appears that gold is moving steadily without encountering much resistance at this point, as prices maintain impressive gains compared to last week's closing levels.
The main reason for gold's rise may be that concerns about the U.S. economic recession were quelled after the release of stronger-than-expected S&P Global flash composite PMI output index. The index, which tracks both manufacturing and services sectors, increased to 53.5 this month from 51.6 in February, impacting the precious metal.
That being said, gold's upward momentum seems to remain intact as the market repositions itself, preparing for reciprocal tariffs on April 2.
USDJPY: Upward momentum likely to continue in Bulls' favor!Brian, hello everyone!
USD/JPY has surged sharply to 149.50 following the release of Japan's core CPI data, amid the USD maintaining its solid recovery momentum. However, the policy divergence between the BoJ and Fed, along with cautious market sentiment regarding trade risks, may help the Yen maintain its safe-haven role, somewhat restraining the strong upward momentum of this currency pair.
In the short-term picture, USDJPY continues to find strong support from the 34,89 EMA, which shows signs of convergence aimed at reinforcing the upward trend. Notably, the bullish channel remains unbroken, indicating that buyers still hold the advantage. Any corrective pullback could present an opportunity to enter BUY orders, targeting the upper boundary of the trend channel as illustrated in the chart.
EURUSD: Selling strategy continues to be the priority!In recent trading sessions, EURUSD has faced continuous downward pressure from multiple directions - both fundamental news and technical signals indicate a rather negative outlook for the Euro.
Fundamentally, Eurozone's manufacturing and services PMI data continue to disappoint, remaining below the 50 mark, signaling signs of economic recession. Additionally, recovery expectations remain weak, while the US continues to report more robust economic indicators.
This has put EURUSD in a "tight squeeze": Euro weakens due to internal data, while the USD receives support, creating a clear downward pressure dynamic.
On the H4 chart, EURUSD is not just falling, but also following a very “textbook” logic: Price breaks support → returns to the resistance zone (Fibo 0.5–0.618) → creates a bearish divergence pattern → continues to break the bottom → extends the trend.
USOIL To Retest $70.5I'm watching TVC:USOIL for a strong push towards at least the $70.5 level, though this area presents significant resistance.
A confirmed break of the bearish trend could fuel strong buying momentum, but patience is key.
Ideally, I’d like to see a solid rejection off the $68.5 level as confirmation before a move higher.
If we get a decisive breakout above $70.5 with sustained bullish momentum, my next target would be the major resistance around $75.
S&P 500 Setting Up for a Breakout – But Not Before One More TrapAs I’ve said before, the FOREXCOM:SPX500 is a key reference for my crypto trading . That’s why I sat down and took a closer look at the chart – and I’m now ready to place a limit order , based on what I’m seeing.
I believe we’re still in a correction phase , and it’s far from over . However, I think it’s realistic that we’ll see a move toward $5,832 next week . Before that happens, I expect either today’s Monday Low or next week’s Previous Weekly Low to get swept, ideally triggering a dip into the 12-hour Fair Value Gap just below.
That’s where I see my entry zone forming. It’s also the exact area where Wave B overshoots the starting point of Wave ABC, making it a clean Flat correction pattern, with Wave C completing to the downside before we get a solid move upward.
I’m setting my stop-loss below the $5,500 low. If this setup plays out, I expect the S&P to push toward $5,832 , and after that, I’m anticipating a larger correction that could take the index back down to $5,500 or even $5,450 over the coming weeks.
Timing remains unclear for that move after, but the structure is here , and I’m looking forward to seeing how it plays out.
BTC ANALYSIS#BTC Analysis : Channel Following
📊As we can see that #BTC is following ascending channel on daily time frame. Currently the price is trading above its major support zone. Price is moving upwards within a long-term rising channel, recently moving towards its support from its support level. Expect a bullish move in few days.📈
🔖 Current Price: $87,700
⏳ Target Price: $91,500
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#BTC #MajorSupport #Cryptocurrency #ChartPattern #DYOR
META to $740 - Chance for Strong BounceNASDAQ:META Meta has hit the trend line from November 2022 after a price loss of 20% and has shown with a first small bounce that it is still relevant. At the same time, the SMA200 is also at the same point. Last but not least, the 0.238 Fib is also located in this area (from the entire upward movement from November 2022). Technically, we can therefore definitely expect a bounce that could take us to the previous ATH at $739.
Fundamentally, Meta is also not overvalued due to its strong growth. As with many of the Mag7s, there are still problems with the AI strategy, which does not appear to be well thought out in either monetary or structural terms. However, Meta is a good candidate for actual efficiency gains due to its affiliation with the advertising market. However, the general growth is already reason enough to buy.
Support Zones
$580.00
$541.00
Target Zones
$740.00
GBP/USD Trend Today - Further Upward?🔔🔔🔔 GBP/USD news:
👉GBP/USD continues its recovery momentum, holding onto daily gains near 1.2950 during the European session on Monday. Data from the UK revealed that private sector business activity expanded at a faster pace in March compared to February, providing support for the British Pound.
👉A weaker US Dollar (USD) at the start of the week is helping GBP/USD maintain its strength, as market sentiment improves amid easing concerns over aggressive US retaliatory tariffs.
👉Market participants will closely watch the March PMI data from the US later in the day. If the US composite PMI falls below 50, signaling a contraction in private sector activity, the Pound could see an immediate boost. Conversely, if the US PMI data comes in above 50, the USD may regain strength in the second half of the day.
👉Investors appear to believe that an economic slowdown in the US due to tariffs could force the Federal Reserve to resume its rate-cutting cycle sooner than expected. This, along with a positive tone in US stock futures, seems to be weakening the safe-haven US Dollar.
Personal analysis:
👉GBP/USD will maintain its upward momentum in the short term, due to the short-term impacts negatively affecting the Dollar.
👉Technically, this pair has strong support from EMA and Fibonacci at 1.294, so it can be carefully considered in this area
👉Analysis based on Fibonacci combined with Pivot points and EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy GBP/USD news: 1.2910 – 1.2900
❌SL: 1.2870| ✅TP: 1.2950 – 1.2995
FM wishes you a successful trading day 💰💰💰
USD/JPY Buy Setup – Inverted Head & Shoulders chart pattern📌 **USD/JPY Buy Setup – Inverted Head & Shoulders** 📌
🔹 **Pattern:** 📈 **Inverted Head & Shoulders** (Bullish Reversal Signal)
🔹 **Entry Point:** ✅ **150.500** (Neckline breakout confirmation recommended)
🔹 **Target:** 🎯 **153.800** (Measured move projection from pattern breakout)
🔹 **Stop Loss:** 🔍 Ideally **below 149.800** (Neckline retest zone or recent swing low)
### 📊 **Analysis & Risk Management:**
✅ **Confluence Factors:**
- **Bullish Chart Pattern:** Inverted H&S suggests trend reversal.
- **DXY Strength:** If USD remains strong, it supports this setup.
- **Yield Differentials:** Watch US-Japan bond yields, as rising US yields boost USD/JPY.
✅ **Risk-Reward Ratio:** ~ **1:5**, making it a high-probability trade.
✅ **Trade Management:**
- If price retests **150.500** after breakout, it could be a strong entry confirmation.
- Secure profits gradually (e.g., **TP1: 152.000**, **TP2: 153.000**, **TP3: 153.800**).
- Use **trailing stop-loss** to lock in gains as price moves higher.
🚨 **Market Caution:**
📅 **Fundamental Watch:** Monitor key news such as:
- **BoJ Policy Decisions** (Any intervention risk if JPY weakens too much)
- **US Economic Data** (CPI, NFP, Fed Statements)
- **Global Risk Sentiment** (If risk-off, JPY may strengthen unexpectedly)
🔥 **Final Tip:** Confirm entry with bullish candle patterns & volume spike on breakout for added confidence.
Happy Trading! 🚀📈💰
$SNOW $200 target, sooner than laterHello. Not much analysis here besides a monster gut feeling. NYSE:SNOW has earnings May 21. I’m looking to get in $200c for May 16 expiration. For some reason this name can’t scorch $200 and I believe it should. If NASDAQ:CRWD moves the way it does so can $SNOW. I think it’s made a strong support and mental level at $150. I was apart of the latest push to $180-$190 before its most recent earnings which jolted it from $150s to $180 AND it got sent back to that $150 to $160 level. I think this is a high conviction swing especially into earnings; premiums can go up off the IV.
NFA.
WSL.
US Crude Oil (WTI) LONG setup
Your **US Crude Oil (WTI) buy setup** is structured with proper risk management in mind. Here's a breakdown of the key elements:
### 📌 **Entry Point: 69.600**
This is the price at which you plan to enter a long (buy) position. You should wait for confirmation (such as support holding, bullish candlestick patterns, or volume increase) before executing your trade.
### 🎯 **Target Price (TP): 71.100**
This is your take profit level, where you will close your trade to lock in profits. The difference between the entry and target price is **1.500 points**, which represents your potential reward.
### 🛑 **Stop Loss (SL): 68.900**
This is the price level where you will exit the trade if the market moves against you. The difference between the entry and stop loss is **0.700 points**, representing your potential risk.
---
### ⚖️ **Risk-Reward Ratio (RRR): 1:2.14**
- **Risk = 0.700 (Entry - Stop Loss)**
- **Reward = 1.500 (Target - Entry)**
- **Risk-Reward Ratio (RRR) = Reward ÷ Risk = 1.500 ÷ 0.700 ≈ 2.14**
Since your **RRR is greater than 1:2**, this is a solid setup from a risk management perspective. It means that for every $1 you risk, you are aiming to gain about $2.14, which is a positive risk-to-reward trade.
---
### ✅ **Money Management (MM) Tips**
- **Position Sizing:** Ensure your lot size aligns with your risk tolerance. Example: If you risk 1% of your account per trade, adjust your lot size so that a 0.700 move against you equals 1% of your capital.
- **Wait for Confirmation:** Look for bullish signals before entry (e.g., candlestick patterns, moving average support, or RSI above 50).
- **Set Alerts:** Use alerts at key levels to monitor price movement instead of staring at charts all day.
Trade long Setup Based on Falling Wedge Breakout
Trade Setup Based on Falling Wedge Breakout
Entry:
Price: 1.07992 (current breakout level)
Confirmation: Breakout from the falling wedge, supported by EMA alignment
Stop Loss (SL):
Technical SL: Below recent swing low
Levels:
1.07392 (60 pips below entry)
1.0720 (below key support for extra safety)
Target Price (TP):
Approx. 1.09300 (measured move from wedge breakout)
Risk-to-Reward: ~1:2.5
1. RSI (Relative Strength Index)
If RSI is below 30, the market is oversold, increasing the chances of a bullish reversal.
If RSI is above 50 after the breakout, it confirms bullish momentum.
2. Fibonacci Retracement Levels
Measuring from the previous swing high to swing low, key levels to watch:
38.2% (1.0850) – First resistance
50% (1.0875) – Stronger confirmation
EURUSD – Trend consolidation and false Breakout signalsFX:EURUSD entering a mild adjustment phase within its broader upward trend consolidation. The stagnation of the US Dollar Index (DXY) - which is currently influenced by political factors and macroeconomic data - serves as the main catalyst for this corrective move.
Although the dollar index is showing signs of a counter-trend adjustment, the overall picture still leans towards depreciation. This creates conditions for EURUSD to maintain its upward structure, at least in the short term.
The currency pair is currently accumulating around the crucial support level at 1.078, combined with an imbalance zone around 1.087-1.090. This could be the area where buyers will look for confirmation signals to re-establish the upward momentum. However, price has not yet retested deeper support levels, and the possibility of a correction to 1.078 remains to complete the market structure.
Resistance levels: 1.0936 - 1.1009
Support levels: 1.078 - 1.074
Suggested strategy: Closely monitor the 1.087-1.090 zone - if signs of a false breakout appear in this area, it could signal the continuation of the upward trend. However, if this zone fails to hold, EURUSD might retreat to 1.078 before showing a strong reaction.
Focus point: Observe price behavior at support zones. Practice patience while waiting for confirmation rather than acting prematurely — as this could be a price trap phase before a genuine breakout.