GBPJPY LONG FORECAST Q2 W16 D14 Y25 Good morning Monday! Positive weekly rejection via weekly order block. Let's await a break of structure! FRGNT X
We can obviously see a break of structure, an imbalance and liquidities to be swept on GBPUSD lower timeframe. Let's wait for price to trigger our orders. Most importantly, manage your risk, the market is not guaranteed for anyone!
Gold Weekly Technical Outlook Gold (XAU/USD) remains in a clear bullish trend on the weekly chart, currently trading around $3,230. After marking a new high, price action suggests a potential pullback—a healthy retracement that could set the stage for further gains. Key Levels to Watch: Current Price: $3,230 Retracement Zone: First support at $3,100, a recent consolidation level Deeper support between $2,950 – $2,900, aligned with prior breakout structure and strong demand from earlier in the trend These levels are key for a potential bounce, as they mark high-probability zones for buyers to re-enter the market. Upside Targets: Short-term resistance: $3,280 Primary target (by mid-May): $3,400 This level aligns with the projected extension of the ascending structure and continuation of bullish momentum Technical Outlook: As long as gold holds above $2,900, the weekly bullish trend remains intact. A rebound from the retracement zone would likely lead to a renewed rally targeting the $3,400 region.
This is in continuation to our ongoing tracking of MARI. Since prices moved down giving confidence to our bearish wave count, we are taking a small position by short selling. They are several possibilities at hand therefore we will trade this setup with cautious using trailing stop loss until we reach our target. We only recommend small portions while short selling due to the fact that futures have less liquidity/volume. If our wave count is correct then we can make around 10.85% or 13.04% on this trade. Trade setup: Entry price: 682 Stop loss: 721 Targets: T1: 608 T2: 593-578 Let see how this plays, Good Luck! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
? After a Sharp Drop From 88k Resistance Area To The 75k Now Bitcoin Price Playing Below The Crucial Resistance ? My Priority Is Bullish Movement To The 96k But Totally It’s Not a Good Idea To Be Bullish Under Resistance So I Prefer To Open a Long At 81500$ PRZ Or Only After Breakout From a Trend Line
Price shows multiple rejections near the 3,250 zone — suggesting resistance. A lower high and potential bearish structure formation. The bearish move could be a correction after a strong impulsive rally. Target is set near previous structure support and a clean demand zone (~3,120s). ⚠️ To Watch: Be cautious of FOMC, CPI, or NFP if upcoming — gold reacts strongly to such news. Confirm with momentum indicators (e.g., RSI divergence or MACD crossover).
The metal has returned to its upward trend after a dip. The current chart setup suggests a continuation of the rally, with possible consolidation around this level. Overall, the trend remains bullish, so I'm taking long positions. OANDA:XPTUSD OANDA:XPDUSD MARKETSCOM:OIL A similar setup can be seen in platinum, palladium, and oil—I'm also trading long there. OANDA:XAUUSD As for gold, everything looks great, but the exponential rise makes me cautious. I'd consider entering on a pullback, but for now, I'm staying on the sidelines and watching.
Market Analysis: NZD/USD Gains Pace, Bulls Are Back? NZD/USD is also rising and might aim for more gains above 0.5850. Important Takeaways for NZD USD Analysis Today - NZD/USD is consolidating gains above the 0.5765 zone. - There is a key bullish trend line forming with support at 0.5825 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.5515 zone. The New Zealand Dollar broke the 0.5670 resistance to start the recent increase against the US Dollar. The pair settled above 0.5765 and the 50-hour simple moving average. It tested the 0.5850 zone and is currently consolidating gains. The pair corrected lower below the 0.5840 level. However, the bulls are active above the 0.5825 level. https://www.tradingview.com/x/ObNx2l1H/ The NZD/USD chart suggests that the RSI is stable above 50. On the upside, the pair might struggle near 0.5850. The next major resistance is near the 0.5880 level. A clear move above the 0.5880 level might even push the pair toward the 0.5920 level. Any more gains might clear the path for a move toward the 0.6000 resistance zone in the coming days. On the downside, immediate support is near the 0.5825 level. There is also a key bullish trend line forming with support at 0.5825. The first key support is near the 0.5765 level. The next major support is near the 0.5670 level and the 50% Fib retracement level of the upward move from the 0.5485 swing low to the 0.5853 high. If there is a downside break below the 0.5670 support, the pair might slide toward the 0.5570 support. Any more losses could lead NZD/USD in a bearish zone to 0.5515. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Trump imposes new tariffs on imports from China, investors panic, and the market chops. A good level to look at on SPY Futures for the next couple weeks is 5528.00. I believe a break upwards can give bullish investors some confidence , while a rejection could bring even more downside. If we break upwards, possibly revisiting 5840.00, we're going to have to see if we can break that level and get back to the all time high. If we reject and price falls, the level to look at is 4833.00. A break of that support could mean a lot more downside in the coming months. But we're going to have to be patient allow Trump vs China to unfold.
Market Analysis: AUD/USD Gains Pace, Bulls Are Back? AUD/USD started a decent increase above the 0.6150 and 0.6200 levels. Important Takeaways for AUD USD Analysis Today - The Aussie Dollar rebounded after forming a base above the 0.6000 level against the US Dollar. - There is a connecting bullish trend line forming with support at 0.6260 on the hourly chart of AUD/USD at FXOpen. AUD/USD Technical Analysis On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.5940 support. The Aussie Dollar was able to clear the 0.6065 resistance to move into a positive zone against the US Dollar. There was a close above the 0.6200 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6315 zone. A high was formed near 0.6314 and the pair recently started a consolidation phase. https://www.tradingview.com/x/OiOTr8hq/ There was a move below the 0.6300 level. The pair remained above the 23.6% Fib retracement level of the upward move from the 0.5913 swing low to the 0.6314 high. On the downside, initial support is near the 0.6260 level. There is also a connecting bullish trend line forming with support at 0.6260. The next major support is near the 0.6220 zone. If there is a downside break below the 0.6220 support, the pair could extend its decline toward the 0.6205 level. Any more losses might signal a move toward 0.6065 and the 61.8% Fib retracement level of the upward move from the 0.5913 swing low to the 0.6314 high. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near 0.6315. The first major resistance might be 0.6340. An upside break above the 0.6340 resistance might send the pair further higher. The next major resistance is near the 0.6385 level. Any more gains could clear the path for a move toward the 0.6450 resistance zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.