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NZDUSD triple bottom suggests more pain aheadIn this video, I break down a bearish technical setup on NZD, based on a triple bottom and descending triangle pattern, with a potential drop of over 700 pips. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
by ThinkMarkets
EUR/USD — Decision Point | Breakout or Breakdown Ahead?Analysis for EUR/USD — Key Levels to Watch 📊 Currently, EUR/USD is trading inside a descending channel on the 1H timeframe, showing signs of consolidation after a recent bullish push. Possible Scenarios: Bullish Outlook: If price manages to break above the descending channel and holds above 1.1000 — it could open the door for a move towards the next resistance levels at 1.1050 and 1.1150. Watch for bullish confirmation near the channel breakout along with Stochastic momentum crossing upwards. Bearish Outlook: If the price fails to break the channel and loses support around 1.0900 — we could see further downside towards the trendline support zone near 1.0850 - 1.0800. A break below 1.0800 would expose lower supports around 1.0750 - 1.0700. Conclusion: Price action is currently in a decision zone — Break above the channel = Bullish continuation towards resistance. Break below the channel = Bearish move towards major support zones. Patience is key — Wait for a confirmed breakout or rejection before taking any position. If you found this analysis valuable, kindly consider boosting and following for more updates. Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Short
by MarketsPOV
The Day AheadKey Data Releases (Market Moving Potential) US – February Consumer Credit Insight into consumer borrowing trends – potential impact on USD and interest rate expectations. China – March Foreign Reserves Watch for signals on capital flows and yuan (CNY) stability. Japan – February Labor Cash Earnings, Leading & Coincident Indexes Wage data affects inflation outlook – key for JPY and BoJ policy watchers. Germany – February Industrial Production & Trade Balance Vital for assessing Eurozone growth momentum – may impact EUR. Eurozone – February Retail Sales Consumer activity in focus – important for ECB policy direction. Central Bank Watch Bank of Canada – Business Outlook Survey Could move CAD if sentiment suggests rate shift ahead. ECB – Cipollone Speech Monitor for clues on rate path or balance sheet policy – relevant to EUR trades. 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
Consider Long Positions as Crude Oil Tests Lows -Key Insights: As crude oil tests key support levels around $62, considering long positions with caution could be advantageous. Understanding OPEC's increased production impact and broader market sentiment will guide strategic decision-making. Despite bearish pressures, potential for recovery exists as the market may stabilize and seek reversals. -Price Targets: Next week targets: T1 = $65, T2 = $68. Stop levels: S1 = $57, S2 = $52. The target levels and stops are framed to leverage potential bounce from current lows, allowing room for modest recovery amidst volatility. -Recent Performance: Crude oil prices experienced a sharp decline from the low 70s to the low 60s, touching $62 for the first time since April 2021. This decline aligns with general commodity trends reflecting recession fears, with oil down by approximately 10.6%. -Expert Analysis: Mixed opinions reign over crude oil's trajectory. Analysts point to inflation and constraints hinting at long-term bullish potential, while OPEC's supply increase suggests ongoing downward pressure. Caution is advised as the market's technical trajectory could shift with emerging conditions. -News Impact: OPEC's decision to boost production influences current market sentiment, exacerbating crude oil's selling pressure amid global economic uncertainties. Bond markets have seen increased interest due to stability concerns, further affecting commodity price movements including crude oil.
NYMEX:CL1!Long
by CrowdWisdomTrading
Gold Attack and Defense GuideAfter the opening of the market on Monday, the three major U.S. stock index futures all fell sharply, with the Nasdaq futures falling by more than 5.5%, the S&P 500 index and the Dow Jones Industrial Average falling by more than 4.7% and 4% respectively, and crude oil prices also falling below $60 per barrel. Although gold and silver have rebounded after a sharp drop, they still cannot escape the selling pressure as a whole. The market panic is quite similar to the outbreak of the new crown epidemic in March 2020. The U.S. tariff policy and the trade war it has triggered have caused the biggest disruption crisis in the global supply chain since the epidemic. As the new trading week begins, global risk aversion shows a significant sign of rising, and precious metal assets have ushered in a strong performance. U.S. officials announced on Monday that they would launch reciprocal tariff measures against global trading partners the next day, completely shattering the market's previous residual expectations that negotiations might ease at the last minute. As the deadline for policy implementation approaches, the tense atmosphere in the financial market has heated up sharply. Against this background, mainstream banks continue to hold optimistic expectations for the medium- and long-term trend of precious metals. The current price is driven by two factors: one is the unexpected demand for reserve increases by central banks of various countries, and the other is the continued inflow of funds from gold-linked ETF funds. It is worth noting that the U.S. benchmark Treasury yield fell in a gap on Monday, and the yield curve is rapidly approaching the stage low of 4.172% set in March. Technical patterns show that gold prices continue to rise strongly after breaking through the psychological barrier of $3,100, indicating that the current main trend is still expanding upward along the line of least resistance. If the price falls back and loses this integer, it may trigger a technical correction, and long position closing operations may push gold prices back to the key support of $3,000. Short-term trading needs to focus on the upward resistance band formed in the $3,148-50 range, which may become a new battlefield for long-short games. I suggest that gold should pay attention to the suppression of the 3080 line above and the 3000 integer mark below. The news has stimulated the recent volatility, and the recent high-altitude is the main focus. Long orders must be cautious. Operation strategy: 1. Try the 3055-3060 line above the gold short order, and make a stop loss. The target is 15 US dollars. 2. The long order below the gold can be tried at the 3000 line, looking at 10-15 US dollars, and make a stop loss. No long orders can be participated without loss. The 2980 line below can be regarded as a position for replenishment.
OANDA:XAUUSD
by EmmaSaxton
Real-time Trend Analysis and Operation Suggestions for GoldYesterday, on the technical side of gold, during the Asian session, it rebounded rapidly, but was suppressed at the resistance level of 3055. Then it started to oscillate and decline. In the European and US sessions, it was continuously pressured at the 3045 resistance level, oscillated downward, and broke through the previous low. The gold price accelerated its decline, pierced through the 2960 level, and then stabilized and rebounded near 2957. The daily K - line closed as a hanging - man - shaped medium - sized bearish candle, indicating a pullback after reaching a high. Overall, since hitting a high of 3167 last week, the gold price has been under pressure and has been in a downward - adjusting trend for three consecutive trading days. The hourly moving averages of gold are in an oscillating state, and the bearish momentum of gold has not abated. We should continue to sell gold on rallies as the overall trend of gold remains weak. Gold is still under significant pressure near 3055. If the rally is blocked, keep selling. Analyzing from the 4 - hour chart, the short - term resistance above is around the 3015 - 3024 level, and the support below is around the 2950 - 2953 level. In trading, when it rallies and is pressured at this position, the main strategy is to sell short and expect a downward movement. We should sell short once, taking the 3015 - 3025 level as the reference on the rally. The target below is to continue to break through the previous low. Be cautious with long positions at high levels. XAUUSD Trading Strategy: sell@3015-3025 tp:2980-2960 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.
FOREXCOM:XAUUSDShort
by JohnGonzalez7
Gold fluctuates sharply, with bears dominatingYesterday, the gold market experienced violent fluctuations again. After hitting a high of 3055 during the session, the gold price quickly pulled back to a low of 2956, showing extremely high volatility. Recently, the fluctuation range of gold has been large, with fluctuations of about $100 for three consecutive trading days. Although this volatility is not common, it has become the norm in the current market environment. Analysis of the causes of fluctuations: The current violent fluctuations in the gold market are mainly affected by the global economic situation, especially the uncertainty of the international trade situation. In particular, the escalation of Sino-US trade frictions and the extreme volatility of market sentiment have provided strong momentum for gold prices. After China introduced countermeasures to increase tariffs by 34%, the market's expectations of whether the US will further increase tariffs by 50% before the 8th have made market sentiment more tense. Due to the instability of the global economy, the trend of gold will continue to be dominated by market sentiment, and volatility will be difficult to calm down in the short term. Technical analysis of the gold market: Daily trend analysis: Yesterday, gold once again showed a "roller coaster" market, opening low and moving high in the morning, but fell sharply again during the European session and finally closed negative. The 100-point fluctuation range for three consecutive days indicates that market sentiment is highly tense and gold prices are under great pressure. On the daily chart, after three consecutive negative declines, gold prices formed a large negative line with an upper shadow longer than the lower shadow, which means that they may still face adjustment pressure in the short term. Nevertheless, the market is in an oversold state and there is a need for rebound correction. Therefore, the current lower support of gold prices is around 2955, which constitutes a short-term top and bottom conversion position. Short-term price range: As the market still has a need for rebound correction, gold is expected to enter a range oscillation phase. In the short term, the support level of gold prices is in the 2956-2960 range, while the upper resistance is concentrated in the 3025-3030 area. In the context of range oscillation, it will be more effective to maintain a high-altitude and low-multiple operation strategy. Operation strategy suggestions: Short layout: When it rebounds to 3030-3035, you can consider shorting, with a stop loss set above 3040, and a target of 3000-2995. Long layout: If the gold price falls back to 2970-2975, it is recommended to consider going long, with a stop loss below 2965 and a target of 2995-3000. Since the current market sentiment is driven by external economic events and the market has not fully digested the relevant risks in the short term, it is recommended to remain flexible in operation and pay attention to changes in market sentiment and trends driven by news at any time. Risk warning: Volatility: The current gold market is extremely volatile. Investors need to pay attention to the impact of breaking news and remain cautious. Time factor: Even if the gold price fluctuates sharply under the impetus of news, as mentioned earlier, a wave of topping and falling is usually not completed in just three days. Market sentiment may continue to ferment, so the short trend may still need to continue for some time. Conclusion: In the current market volatility, it is recommended to adopt a range oscillation strategy and operate flexibly. In the short term, the gold price may fluctuate and consolidate in the range of 2956-3030. In terms of operation, the high-altitude and low-multiple strategy can be appropriately used to arrange near the technical support and resistance levels. At the same time, keep a close eye on external news to avoid being affected by emergencies.
FX:XAUUSD
by Golden_Legend
XAUUSD 08.04.2025-Formation of the market: After the release of the announcement of the introduction of new trade duties in the U.S. and a number of positive economic activity indicators, the dollar is strongly strengthening, thus bringing the price of gold back to the imbalance level of the past growth of 2955, and in general setting a new downtrend, which reduced the position of gold by 5%. From the imbalance level a pin-bar was formed, which has already recovered its movement to the 3000 level, another test of the 2950 level is possible, followed by a rise. -Forecast: On the background of general uncertainty, it is likely that the price may go for a long consolidation, as the past fall may also indicate a capital outflow, which will lead to a new period of accumulation of positions. Possible return to the level of 3050, but the main movement is likely to occur in the range of 2950-3050 - News background: The main expectations after the Fed speech are still in favor of strengthening the dollar, even despite the call of the U.S. President to reduce the key rate, most analysts still believe that the May meeting will end with an unchanged decision or increase.
OANDA:XAUUSDLong
by Viatre
what's next after historic plunged? what's next after historic plunged? HSI needs to claw its way back - resistance now takes the spotlight! 🚨🚨🚨 🔎🎯 Always ask before you open a position, what's your time frame!? Follow this principle for your trade for entry and exit so you will not lost on that particular trade. Happy trading everyone! 💰 From previous posts:- MACD - Deadcross formed 20/3/2025 on D Chart. 4H chart: at point of writing ✍️: the Index uptrend mode is broken where we have been reviewing the movement of the Index. For this week trade plan: Most likely short the index for days to few weeks until get confirmation of reversal back to uptrend. For swing trade: Buy into support Sell at resistance. Set your TP/SL & protect your capital. PEPPERSTONE:HK50 On 7Apr25 - special Monday, HSI dropped 13.22% ; 3021.51pts to close at 19828.30. The Index below its 20MA@22814 (currently); 50MA@22509 (currently) This is the historic largest single day plunge since 1997 Asian Financial Crisis. Historically, the HSI has experienced significant single-day drops during major financial crises. For instance, that was on October 28, 2008, amid the global financial crisis, the HSI fell by 12.7%, marking its biggest single-day percentage drop since 1997. Well, human beings shape history. While it may not repeat the same way, but often returns in similar forms and familiar contexts. We are the innovative and creativity creatures on this earth, hence we are free to craft the stories eventually become history. PEPPERSTONE:HK50 currently the 20MA:22581; 50MA:22423 🚨 as of ✍️ : 🗝️ Resistance : 20632 Resistance Level : 20143 20266 Support Level : 18830 19450 🗝️ Support : 18751 W Chart:- HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25. 17Mar2025 - 24Mar2025 - 7Apr2025 - For current markets condition, the CHN & HKG can be volatile with the continuing noise from tariff. 🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point. 🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you. Let's follow our own zentradingstrategy , continue to trade and zen with 📙 and 🍵 for profits. ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage trading and investment buddies.
CAPITALCOM:HK50
by ChenQianYu
BITCOIN - Short Trade Entry - Minor Wave ii Looks Complete...The video idea for this chart is linked below. The current thesis is that minor wave ii has recently completed, confirmed by a retest and rejection of the previous key level at 81,222. Additionally, a brief touch of the 0.618 retracement level supports this view, along with the overall wave structure, suggesting that wave ii is complete and we are now in the early stages of wave iii to the downside. This third wave may start off slowly due to initial market uncertainty, but as sentiment clears, price action typically aligns with the dominant trend—which, in this case, is down. While it may be a bit premature to lower the stop until we break below 75,786 (the start of Wave E), that level is quite far, and it may be more prudent to keep the stop at recent highs for now. Ultimately, your stop placement should reflect your comfort level with the wave count and risk tolerance. If the analysis holds, the rejection at 81,222 becomes a logical stop-loss level for a fresh short position. The target remains unchanged at 61,000.
Short
by AriasWave
The price of gold will reverse!As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell. Now a small wave with 5 parts has formed, which could be wave A of a zigzag. We expect the price to grow by 61.8% of the decline that occurred in the main wave B. Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow. In general, we will have a growth in the main wave B and then another sharp decline in the main wave C. Meanwhile, the RSI indicator has also reached the oversold limit. Good luck and be profitable.
FX_IDC:XAUUSDLong
by Abbas_GoatEon
1
CADJPY → Consolidation before the news. DowntrendFX:CADJPY continues to forge a downtrend, but within the current movement a symmetrical triangle of accumulative nature is forming The currency pair may continue its decline due to the strengthening of the Japanese Yen, while the Canadian is consolidating in a narrow range. The situation may be accelerated by today's news, namely Trump's speech, where he may announce new tariff measures. Technically, the price is correcting after the false break of 103.56, being below the previously broken upside support. Price is testing key resistance at 104.90, and against 0.5 Fibo is forming a false breakout. A consolidation below 104.69, a break of 104.525 could trigger further decline. Resistance levels: 104.900, 105.36, 105.74 Support levels: 104.525, 103.56 There are important news ahead, high volatility is possible, especially at the moment of Trump's speech, which may set a medium-term tone in the market. The currency pair is in consolidation on the background of the downtrend and the priority is to expect a continuation of the fall Regards R. Linda!
Short
by RLinda
2
Xauusd Elliott Wave Analysis – XAUUSD | 1H Timeframe As previously mentioned, the main bullish move in gold appears to have come to an end, and we are now in a corrective phase. The current wave structure clearly suggests a high probability of a zigzag correction—a three-wave pattern that often follows a strong trend. This correction could potentially push prices lower before gold regains bullish momentum. During this phase, traders should proceed with caution, as corrective moves can often be deceptive and volatile. #XAUUSD #GoldAnalysis #ElliottWave #ZigZagCorrection #TechnicalAnalysis
OANDA:XAUUSD
by rezaabdollahjahani
USOIL:Wait for a rebound and then resume short - sellingThe strategy of shorting on the rebound has already yielded profits. Currently, in the 4-hour time frame, the price trend of crude oil is still under pressure from the short-term moving averages and maintains a narrow-range consolidation at a low level. The strength and sustainability of the intraday rebound are not significant. It is necessary to pay attention to the possible continuation of the downward trend after a slight breakdown in the price of crude oil. In the hourly time frame, the current trading range is relatively narrow, but the technical pattern is being repaired quite rapidly. Pay attention to the short-term adjustment. In terms of operation, consider the short-selling opportunities around the price range of 61 to 62. Trading Strategy: sell @61-62 TP:59-58 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by LeoBlackwood
XAUUSD: how to choose between going short and going long?As the new trading week kicks off, there are significant signs of a notable resurgence in global risk aversion, and precious metal assets have witnessed a robust performance. For short-term trading, it is necessary to focus on the upward resistance zone formed in the range around $3050. This area may become a new battlefield for the game between bulls and bears. Regarding gold, pay attention to the suppression situation at the level of $3050 on the upside, and focus on the $2980 mark on the downside. Due to the stimulation of news, there has been relatively large volatility recently. In the near future, it is mainly advisable to go short at high levels, and one must be extremely cautious when placing long orders. XAUUSD trading strategy sell @ 3035-3040 sl 3052 tp 3015-3025 Preserve capital, manage risk, generate returns, achieve sustainable long-term profitability, and continuously learn and develop through trading. Access the link below the article to obtain more information. If you have any opinions or suggestions about gold, you can leave your thoughts in the comments.
FOREXCOM:XAUUSDShort
by George_Lester