GBPCAD IS BULLISH OR BEARISH DETAILED ANALYSISGBPCAD is currently presenting a high-probability bullish setup after a textbook inverse head and shoulders formation on the 12H chart. Price is now hovering around 1.8457 and has just broken out above the descending trendline acting as neckline resistance. This structural shift, combined with clean bullish price action, signals the potential beginning of a fresh upward leg toward the 1.8976 region, a prior key supply zone and the projected target based on the measured move technique from the pattern.
From a fundamental standpoint, the British Pound is supported by hawkish BoE rhetoric and stronger-than-expected UK inflation data. Sticky core CPI and a robust labor market are keeping interest rate expectations elevated, which strengthens GBP across the board. In contrast, the Canadian Dollar remains under pressure due to softer oil prices and the Bank of Canada's dovish stance as it flirts with rate cuts in upcoming meetings. This macro divergence is fueling the momentum in GBPCAD’s favor, making it a favored pair for swing longs.
Technically, the pair is forming higher lows with increasing volume, which adds confidence to the breakout. The risk is well defined below 1.8198, making this an attractive trade with a solid 1:2+ reward-to-risk profile. As price continues to respect bullish market structure, any pullback toward the neckline could offer a prime re-entry zone for continuation traders.
This setup aligns with highly searched price action strategies such as “inverse head and shoulders breakout,” “neckline retest,” and “GBP strength vs CAD weakness.” With both technical and fundamental confluence pointing in the same direction, GBPCAD is set up for a potentially profitable swing opportunity heading into May.
Signals
GBP/USD in terminal phase? This zone could flip everything!📊 Technical Analysis
Price is currently trading in a strong weekly/monthly resistance zone around 1.3390–1.3400, marked by a dense multi-layer supply area. Historically, this level has caused sharp rejections.
From the lows, price completed a steep bullish leg, breaking through several structures. However:
Momentum seems overstretched.
RSI shows potential overbought signals.
There's a likely bearish target zone between 1.2950 and 1.2850, which is a key demand area.
📌 Trade Setup:
I’m watching for exhaustion signals or bearish confirmations on H1 to short from the current resistance, targeting the grey and turquoise zones below 1.30.
🧾 COT Report – GBP
Large Speculators (Asset Managers) still hold a net short position, although they've reduced exposure in recent months.
Leverage Funds remain slightly long, but without strong conviction.
💵 COT Report – USD
Leverage Funds have turned significantly net long on the dollar (strong green line upward since March).
This supports a bearish view on GBP/USD, as USD strength returns.
📉 Summary:
Price is at a key decision zone. A technical correction is possible. COT data supports this view:
GBP remains weak on the institutional side.
USD is regaining strength.
Gold Hits New ATH Again: Is the Bull Run Unstoppable?After printing a new All-Time High on April 17, Gold entered a brief correction that ended on April 18 at 3285. However, the daily candle closed strong at 3327, right before the long Easter weekend.
Fast forward to Monday's ASIA session open, Gold showed no hesitation and pushed into yet another ATH at 3384.
The bullish momentum is so aggressive that it feels like nothing can stop this trend. While I do expect heavy volatility going forward, the core strategy remains clear:
👉 Buy the dips.
Key Level to Watch:
📍 First support zone = 3350
At this level, I will actively look for long entries, targeting a potential new ATH later this week.
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GBP_NZD LONG FROM RISING SUPPORT|
✅GBP_NZD is trading along the rising support line
And as the pair is going up now
After the retest of the line
I am expecting the price to keep growing
To retest the supply levels above around 2.2532
LONG🚀
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SILVER Bearish Bias! Sell!
Hello,Traders!
SILVER is already making
A local bearish pullback
From the horizontal resistance
Level of 33.20$ which is happening
After a strong bullish move up
Which temporarily took Silver into the
Overbought territory so we are locally
Bearish biased and we will be
Expecting a local bearish correction
Sell!
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EUR/NZD About to Explode? Traders Are Watching THIS Level!📊 General Analysis of EUR/NZD (Higher Timeframe)
1. 📌 Price Context
The price had a strong bounce from a demand zone (highlighted in light blue) around 1.85.
It then broke through multiple supply zones (gray and maroon) to the upside and is currently hovering near 1.91874.
🔍 Key Zones
🔵 Demand Zone (Support)
Range: 1.8430 – 1.8712
This zone has been tested multiple times, with long wicks to the downside → indicating strong buying interest.
A powerful bullish move originated from this area.
🔴 Supply Zone (Resistance)
Current resistance: 1.9187 – 1.9450
This is where the price is currently paused → potential rejection area.
Monthly upper zone (1M): 1.96 – 2.00
A strong long-term resistance. If reached, we might see profit-taking or even a reversal.
🕯️ Candles & Momentum
The large green candle represents a strong bullish breakout.
The weekly candle (labeled "1W") shows indecision → this could be a pause before continuation or the beginning of a pullback.
🔮 Possible Future Scenarios
✅ Bullish Scenario
If the price decisively breaks above 1.9187, the next target is 1.9600 – 2.0000.
⚠️ Bearish Scenario
If price gets rejected at current levels, it may fall back into the support zone 1.8712 – 1.8500, which has previously shown strength.
📈 Lower Indicator (Likely RSI or Wavetrend)
Currently bouncing from an oversold area.
No clear overbought signals → there’s room for more upside.
🧭 Conclusion
Current trend: Bullish (especially in the short to mid term).
Key levels to watch:
Resistance: 1.9187 and 1.96–2.00
Support: 1.8712 and 1.85
EUR_NZD LOCAL SHORT|
✅EUR_NZD will soon retest a local resistance level of 1.9268
So I think that the pair will make a pullback
And go down to retest the demand level below at 1.9130
SHORT🔥
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GOLD Weekly Outlook | Bullish Bias Remains StrongGold (XAU/USD) continues its powerful rally, printing two consecutive bullish weekly candles that reflect increasing momentum and strong buying pressure. The most recent weekly candle opened at 3229.79, dipped slightly to 3193.60, then surged to a high of 3357.67, and finally closed strong at 3327.46—just a few points off the high.
The week prior also closed bullish at 3167.72, (closed well above the open of 3034.91 with significant range).
XAUUSD Weekly timeframe
✅ Weekly Bias: Strongly Bullish
We’re clearly in a higher high, higher low structure on the weekly timeframe, and there's been no sign of exhaustion yet. Last week's candle had a small bottom wick and a large body, showing that bulls dominated from open to close.
🔑 Key Zones to Watch:
Support:
🔹 3320–3211
Resistance / Targets:
🔹 3375
🔹 3400–3420 → Psychological and potential profit-taking area
📌 Trade Idea:
I’ll be watching for bullish setups on a pullback into the 3311–3320 zone. If Gold retests this area and forms bullish price action (e.g., bullish engulfing or rejection wicks on 1H or 4H), I’ll consider long entries.
🎯 TP1: 3370–3380
🎯 TP2: 3400–3420
🛑 SL: Below 3283-3298 (structure invalidation)
📣 Final Thoughts:
Gold continues to be a beast, driven by a mix of macroeconomic uncertainty, central bank accumulation, and safe haven flows. As long as the structure remains intact, dips are for buying.
Let me know in the comments—are you bullish on Gold this coming week? Or do you see a reversal coming soon?
ETHUSD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse ETHUSD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 1.576.0 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 1.557.1..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
BTCUSD: Bulls Are Winning! Long!
My dear friends,
Today we will analyse BTCUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 84,334.50 will confirm the new direction upwards with the target being the next key level of 84,988.36 and a reconvened placement of a stop-loss beyond the range.
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Bitcoin’s Breakout Blueprint: Eyeing $92KAs of April 20, 2025, Bitcoin (BTC) is trading around $84,500, having recently tested the $92,000 level multiple times. This price point is significant, serving as both a psychological barrier and a technical resistance level.
Technical Analysis:
Resistance and Support Levels: Bitcoin has encountered resistance near $92,000, a level that has been tested repeatedly. A sustained move above this could open the path toward $100,000 and potentially $108,000, the previous all-time high from December 2024. On the downside, support is observed around $85,650, aligning with the 200-day EMA. Further support lies at $78,000 and $74,500, marking previous consolidation zones.
Chart Patterns: The formation of a bullish pennant on the daily chart suggests potential for an upward breakout. If confirmed, this pattern could propel BTC toward $137,000 by Q3 2025.
Volume and Momentum: Recent trading volumes have been moderate, with a slight uptick during price advances, indicating growing buyer interest. Momentum indicators, such as the RSI, are neutral, leaving room for further price movements in either direction.
Fundamental Factors:
Institutional Inflows: Significant capital inflows into Bitcoin ETFs, exceeding $70 billion, have been observed, reflecting strong institutional interest.
CryptoRank
Macroeconomic Environment: Liquidity injections by the U.S. Treasury, amounting to $500 billion since February 2025, have increased market liquidity, which historically correlates with Bitcoin price appreciation.
Halving Effect: The April 2024 Bitcoin halving event has reduced the supply of new BTC, a factor that has historically led to substantial price increases in subsequent months.
Mid-Term Outlook:
Considering the technical and fundamental factors, Bitcoin's mid-term target remains at $92,000. A decisive break above this level could lead to a retest of the $100,000 psychological barrier and potentially higher targets. However, failure to maintain support above $85,650 may result in a consolidation phase or a retest of lower support levels.
Investors should monitor key resistance and support levels, institutional investment trends, and macroeconomic indicators to assess Bitcoin's trajectory in the coming months.
USDCAD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for USDCAD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.384.
The above observations make me that the market will inevitably achieve 1.378 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUD-CAD Free Signal! Sell!
Hello,Traders!
AUD-CAD shot up sharply
But the pair failed to break
A horizontal resistance
Level of 0.8880 and we are
Already seeing a local pullback
Which is likely to turn into a
Local correction on Monday
So we can enter a short trade
With the Take Profit of 0.8779
And the Stop Loss of 0.8887
Sell!
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SILVER WILL FALL|SHORT|
✅SILVER has hit a horizontal
Resistance level around 33.13$
And we are already seeing a
Bearish reaction so we will be
Expecting a further move
Down on Monday
SHORT🔥
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CAD-JPY Long From Support! Buy!
Hello,Traders!
CAD-JPY is about to hit
A horizontal support level
Around 101.420 so despite
The pair trading in a downtrend
We will be expecting a local
Bullish rebound after the
Retest of the support
Buy!
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GBPAUD NULLISH OR BEARISH DETAILED ANALYSIS GBPAUD is currently trading around the 2.0850 level, hovering just above a strong confluence support zone as seen on the 12H chart. Price action has formed a bullish symmetrical triangle pattern following a strong impulsive rally earlier this month. This compression near a major demand zone signals a potential bullish breakout as price builds pressure right above the support base. The 2.0700–2.0600 region has historically acted as a key level, now reinforcing itself as solid structure support.
Technically, this setup is clean and aligned with classic continuation pattern behavior. We had a strong rally leading into the triangle, and the market has been respecting both the lower support boundary and declining resistance trendline. The recent candles show signs of rejection from the lower bounds of the wedge, adding to the bullish sentiment. A confirmed breakout above 2.0900 could trigger a fresh wave of upside momentum targeting the 2.1300–2.1600 zone in the coming sessions.
Fundamentally, GBP remains supported by stronger-than-expected inflation data and ongoing hawkish tones from the Bank of England. Markets are dialing back expectations of near-term rate cuts, giving the pound further upside traction. Meanwhile, AUD is weakening amid soft Chinese economic data, increasing risk aversion, and fading demand for commodities. Australia’s labor market also showed signs of cooling, reducing the RBA’s tightening pressure and putting the Aussie on the back foot.
This is a high-probability swing setup gaining traction on TradingView due to the combination of strong technical formation and macro divergence. With the pattern maturing above support and a clear bullish structure, GBPAUD is offering an attractive risk-to-reward scenario for bulls eyeing continuation into Q2. Patience on the breakout confirmation will be key, but the bias remains clearly bullish from both a chart and economic perspective.
GBP_JPY SHORT FROM RESISTANCE|
✅GBP_JPY is going up now
But a strong resistance level is ahead at 189.669
Thus I am expecting a pullback
And a move down towards the target of 188.000
SHORT🔥
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EUR_CAD BULLISH PENNANT|LONG|
✅EUR_CAD is trading in an
Uptrend and the pair has
Formed a bullish pennant
Pattern so IF we see a
Bullish breakout on Monday
We will be able to go long
On the pair
LONG🚀
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CHF-JPY Will Go UP! Buy!
Hello,Traders!
CHF-JPY is trading in an
Uptrend and the pair is
Hovering just above the
Horizontal support level
Around 172.900 so we
Are bullish biased and
We will be expecting a
Swing move up on Monday
Buy!
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NZD-USD Free Signal! Buy!
Hello,Trades!
NZD-USD made a bullish
Breakout of the key horizontal
Level around 0.5920 then
Made a pullback to retest
The new support so we are
Bullish biased which means
We can enter a long trade
On Monday with the Take
Profit of 0.5968 and the
Stop Loss of 0.5893
Buy!
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Long-term bullish breakout on EUR/USD!Hey traders,
Let’s dive into some weekly price action on EUR/USD and uncover what the charts are really telling us. 📈
🔍 Key observations (weekly Chart):
Major breakout:
Two weeks ago, EUR/USD printed a strong bullish candle that broke and closed above a critical resistance zone, the July 2023 high and September 2024 high.
➡️ This marks a bullish structural shift on the higher timeframe.
Bullish inside bar:
Last week's candle was also bullish but formed an inside bar, closing within the previous candle’s range and failing to break the high.
➡️ This suggests consolidation, not rejection.
🧠 What it means:
✅ The break above multi-month highs signals strength and long-term bullish momentum.
✅ The inside bar can be viewed as a pause or healthy retest rather than weakness.
✅ Likely, price is accumulating orders before a new push higher.
📅 Weekly bias: bullish continuation
Here’s why:
The break and close above key structure is a big deal.
Consolidation after such a breakout is normal and often precedes continuation.
As long as price stays above the broken highs, the bias is firmly bullish.
🔔 What to watch next:
✅ A break and close above last week's high = strong bullish continuation signal.
🔁 A dip into the broken resistance (now support) + bullish rejection = a solid buy opportunity.
⚖️ There’s a price imbalance just below last week’s low, price could dip into it before taking off again.
💬 Final thoughts:
The long-term trend is shifting. This is not the time to fade strength, but rather to look for high-probability entries on pullbacks.
📢 If this breakdown helped you, don’t forget to boost the idea and follow for more weekly updates!
NG1!: Next Move Is Down! Short!
My dear friends,
Today we will analyse NG1! together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 3.241 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
USOIL: Target Is Down! Short!
My dear friends,
Today we will analyse USOIL together☺️
The market is at an inflection zone and price has now reached an area around 64.411 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 63.338..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️