DXY:Expect an uptrend based on the daily chart supportOn Tuesday, the price of the U.S. Dollar Index generally fluctuated in a range. The price reached a daily high of 104.345, a low of 103.99, and closed at 104.19.
Looking back at the performance of the U.S. Dollar Index on Tuesday, after the morning opening, the price initially fell under short-term pressure. Subsequently, it halted its decline and resumed its upward movement above the daily support level, but the overall range was limited. The price rose in a volatile manner, and finally closed with a bullish doji.
From a weekly perspective, continue to focus on the 106.60 level, which is a key level for the medium-term trend. Below this level, the medium-term trend is bearish, and the price increase is temporarily regarded as a correction within the medium-term decline.
Meanwhile, from a daily perspective, temporarily pay attention to the 103.90 level, which is crucial for the wave trend. Above this level, adopt a bullish stance for the wave trend. Also, on the four-hour chart, temporarily focus on the support at the 104.10 area. Therefore, before the price breaks below the low of Monday, bet on an upward movement based on the daily support. Only after a downward break will the trend turn bearish.
Currently, there is a lot of news, so everyone must be cautious of market risks.
Trading Strategy:
buy@103.90-104
TP:104.50-104.80
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Trend Analysis
GBP/USD Trend Before and After Tariff Announcement✍ ✍ ✍ GBP/USD news:
➡️ The US dollar is showing weakness against the British pound ahead of Trump's tariff announcement. The pair is currently trading near the 1.3000 level, following weak macroeconomic data released during the US trading session on Tuesday. The ISM Manufacturing PMI fell to 49 in March from 50.3 in February, while the JOLTS Employment Number fell to 7.56 million in February from 7.76 million in January. Both figures were below analysts' expectations. The strong ADP data still failed to stop the pair's short-term rally
➡️ US President Donald Trump will announce the new tariff regime at 20:00 GMT on Wednesday.
➡️ US Treasury Secretary Scott Bessent said late Tuesday that the tariffs announced on Wednesday will be the highest level yet imposed. Countries will then have the opportunity to take steps to lower these tariffs, he added.
Personal opinion:
➡️ GBP/USD will find it difficult to break out to the 1.3000 zone as buyers are waiting and evaluating the tariff policy.
➡️ Moreover, RSI is close to overbought territory and buying momentum is slowing down
➡️ In short, this pair will move within the trend line and may break down to 1.2870 after the tariff news is announced
➡️ Analysis based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.2970 - 1.2980
❌SL: 1.3010 | ✅TP: 1.2930 - 1.2890
FM wishes you a successful trading day 💰💰💰
AUD/NZD Testing Area of Confluence; Further Selling?Following the pullback from lows of N$1.0903 on 20 March in the AUD/NZD cross (Australian dollar versus the New Zealand dollar) – a move that also completed a longer-term double-top pattern at N$1.1180 – buyers and sellers on the daily chart are squaring off at resistance from N$1.1002. Complementing this area is a trendline that has turned from support to resistance (from the low of N$1.0564), and a 38.2% Fibonacci retracement level at N$1.1008.
GBP/USD Technical Outlook: Elliott Wave Mapping the Next MoveThis GBP/USD 4H chart presents an Elliott Wave analysis.
Wave (1) and (2): The market had an impulsive bullish movement in Wave 1, followed by a corrective Wave 2.
Wave (3): A strong bullish move with momentum.
Wave (4): A corrective phase, forming a triangle pattern (a-b-c-d-e), which suggests the market is preparing for another impulsive leg.
Entry Confirmation: A breakout above the triangle pattern.
First Target: 1.31457 (Fibonacci 0.382)
Second Target: 1.32105 (Fibonacci 0.5)
GBP-USD Risky Short! Sell!
Hello,Traders!
GBP-USD is growing now
But a horizontal resistance
Level of 1.3000 from where
We will be expecting a local
Pullback and a local move down
Sell!
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CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(XAUUSD) trading signals technical analysis satup👇🏼
I think now (XAUUSD) ready for(SELL )trade ( XAUUSD ) SELL zone
( TRADE SATUP) 👇🏼
ENTRY POINT (3120) to (3118) 📊
FIRST TP (3125)📊
2ND TARGET (3131) 📊
LAST TARGET (3137) 📊
STOP LOOS (3110)❌
Tachincal analysis satup
Fallow risk management
EURGBP Bull Flag
Correction is happening inside a clearly defined channel.
Price found support at 61.8% pullback, with bullish divergence, which I´m currently labeling as 2/B.
Although the top of the channel served as resistance, the higher probability is that the channel (bull flag) will be broken, and price will target new recent highs.
Nifty - Awaiting the Fifth Wave for a BreakoutNifty recently hit a low of 21,905 , marking a key reversal point in the trend. A well-defined Head and Shoulders pattern is emerging, with the right shoulder currently forming. The ongoing pullback has retraced to the 38.2% level, but there is potential for it to extend towards the 50% mark at 22,906 . However, the upward move appears to be losing momentum, with buying interest remaining subdued.
Based on the chart, the head of the pattern signifies the beginning of a new impulse wave. This appears to be the fourth wave within the larger first wave. Once Nifty completes this corrective phase, the fifth wave is expected to present a trading opportunity. If wave equality holds, Nifty could potentially rise to 24,857 .
#XAUUSD: Last Sell Idea Dropped +300 Pips, Bias Changed? XAUs price behaviour has deviated from previous analysis, which had anticipated a +300 pips increase. However, we now anticipate the price to continue its upward trend, potentially reaching another record high. Our next target price range is estimated to be between 3170$ and 3200$.
We extend our best wishes for your successful trading endeavours. To enhance your trading outcomes, we strongly recommend employing accurate risk management techniques.
Team Setupsfx_
🚀❤️
GBPCAD - Is Bullish Breakout Ahead?TF: 4h
GBPCAD is initiating along opportunity by completing 4th intermediate wave at 1.83464 . We can expect a retracement then reversal with near the lower trendline of the parallel channel.
Once price comes down, we will have the opportunity to go long with minimum stop level at low of the wave 4 at 1.83640 . The bullish scenario is capable GBPCAD to provide 1.8654 - 1.8748 targets to the buyers.
If the breakdown occurs, wave (4) will go deep. We update this chart time to time. Traders should only buy after a clear reversal.
Potential bullish rise?The Aussie (AUD/USD) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 0.6261
1st Support: 0.6229
1st Resistance: 0.6322
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR/USD Outlook: Short-Term Upside Within Wave 4 Structure🧩 Medium-Term Structure:
FX:EURUSD OANDA:EURUSD continues to develop within wave 4 of a larger impulsive move. Given the volume distribution and price behavior, the most likely correction pattern is a contracting triangle (cT).
Alternative forms for wave 4 include:
- FL — Flat
- EFL — Expanding Flat
- RFL — Running Flat
- cT — Contracting Triangle *(most likely)*
- bT— Barrier Triangle
- d3 — Double Three
📍 Short-Term Plan for the Coming Week:
On lower timeframes, I expect upward movement targeting:
- pwh — previous weekly high
- Closing the 4H imbalance / FVG
- Retesting one of the dynamic vWAP levels
💡 My trade setups are aligned with the scenarios illustrated on the chart.
📌 This view remains consistent with wave 4 development and suggests a possible “culmination” move to the upside before a potential larger reversal.
🔗 Global view and long-term forecast for FOREXCOM:EURUSD FX_IDC:EURUSD :
GBPNZD BUY TRADE PLAN🔥 GBP/NZD TRADE PLAN
📅 Date: April 2, 2025
🔖 Plan Type: Main Swing Plan
📈 Bias & Trade Type: Bullish Reversal – D1 Discount Rejection
📌 Trade Idea: Buying into D1 pullback structure for continuation to weekly range high
📥 Entry Type: H4 Demand Zone + Liquidity Sweep + FVG Alignment
🔰 Confidence Level: ⭐⭐⭐⭐ (80%)
Reasons / Confluences:
– D1 strong bullish BOS structure still intact
– Pullback into clean H4 OB zone + unfilled FVG
– 1H wick rejection & MACD weakening bear momentum
– Volume compression near discount zone
– NZD softening + GBP stable = sentiment favoring GBP
📌 Status: Waiting for clean LTF confirmation inside zone (1st touch pending)
📍 Entry Zones:
Primary Buy Zone: 2.2575 – 2.2605
(Refined H4 OB with liquidity pocket and imbalance overlap)
Secondary Buy Zone: 2.2520 – 2.2540
(Deeper sweep zone below intraday liquidity; last defense)
❗ Stop Loss:
SL: 2.2470 (Below OB, last liquidity wick, and invalidation structure)
🎯 Take Profit Targets:
TP1: 2.2720 🥉 (Last minor swing high)
TP2: 2.2805 🥈 (Equal highs + H4 inefficiency)
TP3: 2.2890 🏆 (D1 supply zone & range high)
📏 Risk:Reward: Minimum R:R = 1:3.1
🧠 MANAGEMENT STRATEGY:
– Risk 1%–2% depending on account type
– Once TP1 hits → move SL to BE
– Secure partials at TP2
– Let runner target TP3 with trailing SL above structure lows
– Re-entry only allowed on fresh confirmation post TP1
⚠️ Confirmation Criteria:
– H1 bullish engulfing or pin bar inside entry zone
– Volume uptick on entry candle close
– Preferably during London or NY session
– Bonus: M15–M30 divergence or inducement confirmation
⏳ Trade Validity:
Valid for 2–4 days (HTF swing structure – moderate cycle)
❌ Invalidate if price closes below 2.2470 or H4 BOS to downside
🌐 Fundamentals & Sentiment Confluence:
✅ COT shows GBP neutral-to-positive flow
✅ NZD weakness driven by soft dairy exports + RBNZ dovish tone
✅ Global sentiment = neutral to mild risk-on, favoring GBP cyclical strength
✅ No major red news for either currency in next 24h = ideal execution window
📋 Final Summary:
Looking to buy GBPNZD on a retracement into refined demand zone between 2.2575–2.2605, aligned with D1 bullish structure and H4 rejection confluence. Tight institutional structure, optimal risk curve, and clean invalidation zone. Confirmation required – DO NOT ENTER EARLY. This is a controlled swing entry with >1:3 R:R potential.
USDJPY Price ActionHello Traders,
As you can see, the price dropped from the previous supply zone and has formed a new one. Along the way, it created both internal and external liquidity, which helps strengthen the newly formed zone — a common pattern we see repeatedly.
Remember, just because price didn’t move as expected and hit your stop loss, it doesn’t mean your analysis was wrong. That’s exactly why we use stop losses — to protect our capital before chasing profit.
I’ve marked the internal and external liquidity, along with the new supply and demand zones on the chart. As always, without liquidity, there’s no valid zone confirmation. Risk management is key — that’s all you really need.
Wishing you all the best and happy trading.
Thank you!
AUDCAD Technical AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
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GBPJPY H4 | Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 194.70, a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 193.08, a pullback support.
The stop loss is set at 196.03, a swing high resistance.
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BROADCOM Megaphone bottom hit. Will it hold?Broadcom Inc. (AVGO) has been trading within a Bullish Megaphone pattern since the January 05 2024 Low and this week it hit its bottom (Higher Lows trend-line). This technically concludes the Bearish Leg and should start the new Bullish Leg.
The last Bullish Leg's initial rebound hit the 0.786 Fibonacci retracement level before pulling back again. If the market starts the new one here, which is not as easy as last time as we've already broken below the 1D MA200 (orange trend-line) last week, the immediate Target is 228.50.
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Gold's Soaring Bull Market: How to Capitalize on the UptrendRecently, the bulls have been surging and hitting new highs repeatedly. In this turbulent upward trend, have you successfully ridden the wave and reaped substantial profits, or have you encountered obstacles at every turn on the investment path? Regardless of your past gains and losses, there is hope to achieve an investment breakthrough with the help of Jhon.
Currently, the gold market is performing strongly, with large bullish candlesticks emerging one after another, and the daily candlestick chart also closes in the green. Gold is heading towards the $3200 mark, and it is only a matter of time before this threshold is broken through. The moving averages are diverging upwards, and the slope continues to rise. The candlestick chart has a lower shadow, all of which are typical bullish signals.
During this period, every time gold experiences a slight pullback, it is quickly engulfed by large bullish candlesticks, indicating that the bullish trend is solid. Therefore, today we maintain the strategy of going long on dips. When the price retraces to around the support level of 3110, we can place a long position. If the market strengthens and this level is not reached, we can consider going long near the low point of around 3120.
XAUUSD
buy@3110-3120
tp:3140-3150-3160
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.
sui usdt ready to lead ALTS?Looking to long SUI as close to 2.4 as possible
Reclaimed key support level after forming A&E pattern
Above 50 level on both 4h and 12h rsi
Was the fastest horse of the market when the market started its trend in 2024. Should lead again
Broke out of the trendline after the fakeout. Usually fakeout --> retest support --> real breakout occurs