Sperax - Undervalued AF.Despite market chop, SPA is holding strong within a clean falling wedge formation. Im following on from my previous post after a bullish breakout. This move looks far from over. The price action is compressing, volume is thinning, and all signs point to a continuation move on the horizon.
SUPPORT @ 0.01067
Technical Analysis
USDCHF (1W) – Preparing for a Potential ReversalThe chart shows strong bearish momentum, but price is approaching a potential demand zone, though it hasn't fully tested it yet. The main focus is on the 0.8080–0.8095 area, aligned with the 0.618 Fibonacci level — a key point where a bounce may occur.
Key Levels:
🔹 Buy Zone #1: 0.8080–0.8095
→ 0.618 Fibonacci, previous consolidation, and a potential reversal point
🔹 Buy Zone #2: 0.7780–0.7800
→ 0.786 Fibonacci, deeper support and lower boundary of the structure
Scenario:
The current structure hints at a possible W-pattern formation after a dip into the demand zone.
If the bullish scenario plays out, potential recovery targets include:
→ 0.8300–0.8500 – initial correction targets
→ 0.8770 – major resistance (Fibo 0.236)
Alternative View:
If price breaks below the 0.7780 level, the structure would shift bearish — next area of interest could form below 0.75.
USDCHF is in a wait-and-watch zone. The downward move continues, but key levels (especially 0.8080 and 0.7780) are worth watching as potential demand zones. There’s a high probability of a technical bounce or reversal setup developing once these zones are tested.
CHFJPY: Intraday Bullish Signal?! 🇨🇭🇯🇵
It looks like CHFJPY has completed a local correctional movement
after a formation of a strong bullish wave.
I see a violation of a resistance line of a falling wedge pattern as a confirmation.
Next goal - 175.72
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GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP UDPATEDWeekly GOLD Analysis – Quantum Trading Mastery
Hello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been diligently tracking and trading. Below is a comprehensive breakdown of the current range and key levels we’ve identified.
Recap of Last Week’s Analysis:
Last week, our predictions aligned perfectly with market movements:
* A strong resistance level at 2790 caused a short-term reversal near 2735.
* The FVG acted as dynamic support at 2735, sustaining the bullish momentum.
* The EMA5 crossed and locked above the key level at 2735, solidifying upward movement.
* As predicted, the resistance was broken, leading to a new all-time high of 2817.
Our analysis delivered precise predictions, allowing you to trade confidently and minimize risks.
What’s Next for GOLD This Week?
Key Level: 2735
Bullish Targets:
* TP1: 2877
* TP2: 3018
* TP3: 3160
Bearish Targets:
* 2735
* 2680
* 2595
This week, we have identified two critical GOLDTURN levels at 2735 and 2595. While we anticipate GOLD reaching TP1 at 2877, there may be short-term reversals around these key levels and GOLDTURN zones.
Recommendations:
To better understand the support structure and identify optimal dip-buying opportunities, review our smaller time-frame analyses (daily, 12H, 4H, and 1H). These insights will help you navigate the market with precision, keeping long-term gaps in perspective.
We’ll continue to provide daily updates and insights to keep you informed.
Thank you for your continued support! Don’t forget to like, comment, and share this post to help others benefit as well.
The Quantum Trading Mastery
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: February 2024
Hello Traders,
Here’s a weekly chart analysis of the GOLD, offering a comprehensive view of recent market trends and future predictions. Our diligent tracking since October 2023 has consistently delivered 100% target accuracy, as evidenced by the marked Golden Circle areas on the charts. Let’s dive into the highlights and what lies ahead.
Recap of Recent Successes
Weekly Chart Highlights:
Last week, the market flawlessly followed our predictions:
* Key Level 2735 ✅ DONE
* Entry Level 2735.88 ✅ DONE
* EMA5: Crossed and locked above Entry ✅ 2735 DONE
* Bullish Target TP1: 2877 ✅ DONE
* The FVG zone around 2735 sustained bullish momentum, while resistance was broken, leading to a new all-time high of 2886.
What’s Next for GOLD? Bullish or Bearish?
We anticipate continued bullish momentum with updated GOLDTURN levels and refined targets.
Key Level: 2735 remains critical.
EMA5 Behavior:
* If EMA5 holds above 2735 and crosses/locks above TP1 (2877), the next target is TP2 (3018), followed by TP3 (3160).
* A failure to hold above 2735 could indicate bearish momentum, prices will be retesting support at 2595 in the demand zone.
Recommendations & Strategy:
* Focus on EMA5: Its behavior near 2735 and TP1 will provide clear direction for short- and long-term trades.
* Support Levels: GOLDTURN levels at 2735 and 2595 are critical for identifying reversal zones and optimal dip-buying opportunities.
* For precise entry and exit points, review our daily, 12H, 4H, and 1H analyses to navigate the market confidently.
* Slight pullbacks may occur, with potential reversals near GOLDTURN levels.
* Long-Term Outlook: The monthly chart suggests sustained bullish momentum, offering excellent opportunities for dip-buying near key support zones.
Stay Updated:
We’ll continue to share daily updates, insights, and strategies on our TradingView channel and YouTube channel every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery
Fri 11th Apr 2025 Daily Forex Charts: 8x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/JPY Buy, XAU/USD Buy, AUD/USD Buy, XAG/USD Buy, NZD/USD Buy, NZD/CAD Buy, GBP/AUD Sell & GBP/USD Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
[INTRADAY] #BANKNIFTY PE & CE Levels(11/04/2025)Today will be strong gap up opening expected in banknifty. Expected opening above 51000 level. If banknifty starts trading and sustain above 51050 level then expected further upside rally upto 51450+ level and this can be extends for further 400-500+ points if gives breakout of 51550 level. Below 50950 level expected downside movement in index upto 50550 support level.
GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD
The price has successfully retested a very strong support after the 3-week rally it exhibited in March.
However there has been little to no pullback after the rally, and currently, it is firing a possible divergence at 1.2970
The price is developing, and I am waiting for a break below the support area at 1.2960 to take a possible short-term sell trade.
A BUY opportunity is at the bottom of the 50% fib at 1.2700.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading
GOLD (XAUUSD) – 4H Technical AnalysisAfter a sharp drop and rebound, gold is now testing the 50% Fibonacci level around 3122. The key resistance zone lies between 3163–3167, where a breakout could open the path to 3218 (0.786 Fibo).
🔹 Resistance levels:
• 3163 – 0.618 retracement
• 3167 – previous swing high
• 3218 – 0.786 level & target
🔹 Main Scenario:
Breakout above 3163 leads toward 3218 continuation.
🔹 Alternative Scenario:
Rejection at 3163 → retrace to 3082 or 3033 before next move.
Momentum indicators are bullish but approaching overbought territory.
Gold Rebounds Off Key Support — Next Leg to $4,200 = 124,000 PIP
View our previous 120,000 PIPs (target hit) Gold trades at the bottom of this page.
Following our previously fulfilled short trade from the top of the ascending channel (TP2 hit at $2,960), gold has now landed precisely at confluence support — aligning with the psychological $3,000 level, ascending channel support, the quarterly dynamic support, and the prior swing high zone. We are now flipping bias long, with a macro continuation in mind, while still respecting the shorter-term range structure.
Structure & Setup:
Another clean reaction from the ascending channel’s lower boundary reaffirms the structure’s technical validity. Price has now tapped the $3,000 round number support, intersecting with the channel base and our prior short target zone — offering strong risk-defined long opportunities.
Macro Context Holds:
Our long-term thesis targeting $4,270 remains intact, backed by structural breakout on the quarterly chart and fundamental gold demand. This move is potentially the start of the next impulsive leg in a broader macro expansion, though we expect the asset to oscillate within the channel boundaries until at least July.
Entry Logic:
This long setup is based on:
– Channel base bounce
– $3,000 psychological round number
- $2,960 quarterly dynamic support
– Reversal at former Take Profit 2 (TP2) short target
– Tight invalidation just below $2,960
– Favourable 1:11+ R:R targeting macro highs
Invalidation:
A clean break and close below $2,960 would invalidate the long thesis and suggest breakdown risk. Until then, structure holds.
Pip Potential:
From $2,960 to $4,200 = 124,000 pips upside potential — aligning with macro projections and Fib extensions from previous cycles (-1.414 & -1.618 zones).
Outlook:
While $4,200 remains our long-term target, we anticipate ranging between $2,960–$3,200 for the next several months. This accumulation phase may precede a breakout leg that targets historical Fibonacci confluence zones.
Summary:
Short trade complete — bias flipped long. We’ve now transitioned from a completed 1:4 R:R short into a 1:11+ macro long off textbook technical levels. Price action is behaving cleanly within the multi-month channel, and this latest support reaction adds further credibility to the bullish continuation thesis.
Let price consolidate — buy positions accordingly. The macro expansion to $4,200 is likely underway.
Previous Short:
75,000 PIP idea (Target hit):
45,000 PIP idea (Target hit):
NZDCHF May Drop, Here is WHY 🇳🇿🇨🇭
NZDCHF is trading in a strong bearish trend on a daily.
After a yesterday's pullback caused by FOMC,
the price reached a key horizontal resistance.
After a consolidation on that, the pair leaves clear bearish clues.
I see a formation of a bearish imbalance candle and a remaining
bearish pressure after US CPI.
Chances are high that the pair will drop at least to 0.4712
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Bitcoin (BTC/USD) Slammed Back Into Channel SupportBitcoin shed -2.46% today, reversing sharply lower from the top of its descending channel and the 50-day SMA, reaffirming resistance just below $88,700. The rejection puts focus back on the 200-day SMA and mid-channel support.
🔻 Price remains firmly inside the falling channel
📉 MACD is flattening below zero — no bullish crossover yet
⚖️ RSI sits at 44 — modest bearish momentum without being oversold
If price breaks below $79,000, eyes may turn to the lower channel boundary near $72,000, and eventually the long-term trendline closer to $68,000.
Momentum is weak and trend pressure remains tilted downward unless bulls can reclaim the 50-day SMA and break out of this channel decisively.
-MW
EUR/USD Clears Resistance, Eyes 1.1200 RetestThe euro jumped +1.66% on the day, decisively clearing the key 1.0940 resistance level with a powerful bullish candle that now opens the door to a retest of the August 2024 high near 1.1200.
🔹 MACD remains in bullish territory, reaffirming upward momentum
🔹 RSI is climbing near 69, approaching overbought but not flashing reversal yet
🔹 Price now trades well above the 50-day and 200-day SMAs, both rising
Momentum is clearly in the bulls' favor. As long as EUR/USD holds above 1.0940, pullbacks may be seen as buying opportunities ahead of a potential break toward 1.1200.
Trend shift confirmed. Bulls back in charge.
-MW
Gold (XAU/USD) Bounces Sharply After Retesting TrendlineGold surged +1.43% to close at $3,126.77, delivering a strong bullish engulfing candle after bouncing off both the trendline and 50-day SMA support zone near $2,960.
🔹 MACD is curling back higher, hinting at a bullish momentum reset
🔹 RSI sits at 63.40, supportive of continued upside without being overbought
🔹 Key higher low structure remains intact above the trendline
The rejection of lower prices and follow-through strength reinforce the bull trend. Unless the price breaks below $2,960, buyers remain firmly in control.
Momentum was tested—and it passed. The bull trend remains intact.
-MW
Bitcoin -Weekly, Daily, H4, H1 Forecasts, Trading IdeasMidterm forecast, Weekly Timeframe:
While the price is above the support 70550.04, resumption of uptrend is expected.
We make sure when the resistance at 91037.20 breaks.
If the support at 70550.04 is broken, the short-term forecast -resumption of uptrend- will be invalid.
BITSTAMP:BTCUSD MARKETSCOM:BITCOIN
Daily Timeframe:
A trough is formed in daily chart at 74545.70 on 04/09/2025, so more gains to resistance(s) 86499.57 and maximum to Major Resistance (91037.20) is expected.
Take Profits:
86499.57
91037.20
94505.46
98675.19
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
130000.00
140000.00
H4 Timeframe:
H1 Timeframe:
________________________________________________________________
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Ethereum Potential DownsidesHey Traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 1800 zone, Ethereum is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1800 support and resistance area.
Trade safe, Joe.
EURCAD: Bullish Move From Support Confirmed 🇪🇺🇨🇦
EURCAD may continue growing after a strong bullish
reaction to a key daily support.
The market was accumulating for some time on that
within the intraday horizontal range.
Its resistance was broken with both 4H/1H candles.
Next goal - 1.5592
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAU/USD Outlook: Gold's Bullish Momentum Strengthens 📌 XAU/USD Analysis: Gold on a Strong Bullish Momentum Amid Economic Optimism 📈💰
✨ Overview:
Gold (XAU/USD) is currently demonstrating significant bullish momentum, driven by improved global economic sentiment. The recent 90-day tariff suspension among major global economies and hints from the recent FOMC meeting about potential rate cuts later this year are fueling investor optimism.
📊 Technical Analysis:
🔹 Key Resistance Levels:
3,146
3,162
3,168
🔸 Key Support Levels:
3,096
3,078
3,066
3,052
📈 Moving Averages Analysis:
MA 13 (Short-term): Clearly supports bullish momentum, offering buy signals as price sustains above this MA.
MA 34 (Medium-term): Supporting bullish sentiment with prices comfortably above.
MA 200 (Long-term): Reinforces the robust long-term bullish outlook with price consistently trading above this level.
🚀 Trading Strategy & Recommendations:
BUY Strategy (Preferred Scenario):
Entry Zone: 3,094 – 3,096
Stop Loss: 3,090
Take Profit Levels: 3,100 | 3,104 | 3,108 | 3,112 | 3,116 | 3,120
SELL Strategy (Cautious Approach):
Entry Zone: 3,164 – 3,166
Stop Loss: 3,170
Take Profit Levels: 3,160 | 3,156 | 3,152 | 3,148 | 3,144 | 3,140
🌍 Fundamental Context:
Positive Market Sentiment: The global economic outlook has turned favorable due to tariff suspensions and strong performance in equity markets.
Interest Rate Outlook: Recent signals from the FOMC regarding possible interest rate cuts are providing further support for gold’s upward trajectory.
⚠️ Risk Management:
Emphasize caution when engaging in short positions, given the prevailing bullish conditions.
Always implement strict stop-loss measures and maintain risk-to-reward ratios of at least 1:2.
Avoid over-leverage and ensure trades are sized appropriately.
💡 Conclusion & Final Thoughts:
Gold remains strongly bullish, backed by both technical indicators and a positive fundamental backdrop. Traders are encouraged to focus primarily on buy opportunities near significant support levels and remain alert to potential trend reversals at key resistance zones.
🗨️ Engage with Us:
What are your current strategies for gold? Share your insights and views in the comments section below! 💬👇
DOW JONES INDEX (US30): Bearish More From Resistance
It looks like US30 is returning to a bearish trend again.
I see a strong bearish sentiment after a test of a key daily resistance.
The price formed an inverted cup and handle pattern and we see
a strong bearish imbalance with London session opening.
Goal - 39.685
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WHY GBPUSD BULLISH ?/ DETAILED ANALYSISGBPUSD has successfully completed a textbook retest of a major demand zone around 1.2650–1.2700, and we’re now seeing signs of bullish strength returning to the pair. After a corrective move from recent highs, price respected this zone with high precision, forming a strong bullish rejection candle that signals a potential reversal. With the market pushing back above 1.2850, we now have a clean higher low structure forming, indicating the next bullish leg is likely in play.
Technically, the 12H chart structure aligns well with a bullish continuation model. Price broke structure to the upside, came back to retest the neckline of the previous impulse leg, and is now bouncing with solid momentum. This is a classic demand zone reaction paired with a clean V-recovery pattern. As long as GBPUSD holds above 1.2700, I am targeting the 1.3400–1.3460 region in the coming weeks. The risk-reward setup here is highly favorable, with clearly defined invalidation below 1.2650 and upside potential aligned with macro sentiment.
On the fundamental side, GBP remains supported by persistent wage growth and sticky inflation in the UK economy, leading the market to price in fewer near-term rate cuts from the Bank of England. Meanwhile, the US dollar has started to show cracks as softer inflation data and slower NFP numbers last week are reducing expectations for further Fed tightening. This divergence in policy outlook between the BoE and the Fed is fueling GBPUSD upside, especially as the pair trades around key psychological levels.
Overall, with a strong confluence of technical bounce from demand, bullish fundamentals, and market sentiment shifting toward risk-on, GBPUSD looks well-positioned for further upside. A break and hold above 1.2900 will likely accelerate the move toward 1.3460. I'll be watching closely for momentum continuation setups as the pair builds bullish pressure in this zone.
WHY NZDUSD BULLISH ?? DETAILED TECHNICALS AND FUNDAMENTALSNZDUSD has just completed a clean technical retest at a key demand zone around the 0.5560–0.5600 region and is now showing signs of a strong bullish reversal. The recent structure formed a classic “V-shape” recovery, and price is holding firmly above the psychological level of 0.5700. The market has now reset its lower time frame structure and is preparing for a potential bullish continuation toward the 0.6100 target zone in the coming sessions.
Technically, the pair respected its support zone perfectly after a sharp corrective move from the March highs. The retest confirms previous support turned demand, with the 12H chart indicating a potential bullish breakout setup. With the rejection wicks and impulsive bullish engulfing candle seen in the latest session, the momentum has clearly shifted back in favor of the bulls. I'm eyeing a steady climb toward the 0.6000–0.6100 range, especially if we break above the 0.5800 resistance level decisively.
On the fundamental side, the US dollar is showing signs of exhaustion ahead of key inflation data. Market sentiment is slightly dovish on the Fed’s rate trajectory due to softening labor data and a cooling services sector, while New Zealand is holding a relatively steady economic outlook. Although RBNZ remains cautious, commodity demand and improving risk sentiment are currently supporting the Kiwi. Traders are pricing in reduced rate hike expectations from the Fed, which gives NZD a comparative edge in short to mid-term flows.
With positive technical confluence, shifting fundamentals, and improving global risk appetite, NZDUSD looks poised for a solid upside run. As long as the price stays above 0.5600, I remain bullish. A break above 0.5800 could act as the catalyst for acceleration toward 0.6100, providing a favorable risk-reward opportunity in the current market conditions.
Nightly $SPY / $SPX Scenarios for April 10, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📈 U.S. Tariff Pause and Increased Tariffs on China: President Donald Trump announced a 90-day pause on tariffs for most trading partners but increased tariffs on Chinese imports to 125%. This move led to a surge in global stock markets, with the S&P 500 rising by 9.5% and the Dow Jones by 7.9%.
🇨🇳📈 China's Retaliatory Tariffs: In response, China imposed additional tariffs of 84% on U.S. goods, escalating trade tensions and impacting global markets.
📊 Key Data Releases 📊
📅 Thursday, April 10:
📈 Consumer Price Index (CPI) (8:30 AM ET):
Forecast: 0.1%
Previous: 0.2%
Measures the average change over time in the prices paid by consumers for goods and services, indicating inflation trends.
📉 Initial Jobless Claims (8:30 AM ET):
Forecast: 219,000
Previous: 225,000
Reports the number of individuals filing for unemployment benefits for the first time, reflecting labor market conditions.
🗣️ Fed Governor Michelle Bowman Testifies to Senate (10:00 AM ET):
Provides insights into the Federal Reserve's perspective on economic conditions and monetary policy.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis