GBP/USD Technical Outlook – April 7, 2025 ? ? Current Price: 1.29116 ? Timeframe: 15-Minute Chart ? Bullish Scenario (Primary & Alternate Paths): ? Price is approaching a minor resistance at 1.29144, and a break above could lead to a push toward: ? 1.29620 – Short-term resistance ? 1.30295 – Key target zone ? Demand Zones (Support): ? 1.29144 - 1.29307 – Retest zone (potential bullish continuation) ? 1.27850 - 1.28350 – Major support for rebound if price rejects near-term structure ?️ Game Plan: ✅ Look for confirmations (bullish engulfing or breakout retest) around 1.29144 for long setups. ❗ If price breaks below both demand zones, reassess for bearish pressure. #GBPUSD #PriceAction #ForexAnalysis #FXFOREVER #SmartMoneyConcepts #DemandZone #SupplyAndDemand #15MAnalysis
Today’s drop on AMEX:YINN was brutal — no sugarcoating it. But in every downturn lies opportunity. This isn’t the first time we’ve seen this kind of volatility, and it won’t be the last. Why I’m holding: Long-term China exposure still holds strategic value. ? Patience = Power If you believed in the long thesis yesterday, a dip doesn’t change the fundamentals overnight. The storm may be rough, but clear skies follow. ✊ Not financial advice, just conviction. Let’s ride this out.
Lots of fundamentals are changing at the moment, so trading on a technical basis is very difficult - latest update is Elon Musk talking about a Free Trade zone between EU & US. Sticking to basics, NFP last week delivered very strong figures for US jobs, and looking to play some EUR downside on the back of that. Recent structure as entry point, 1.1010 level. Stop at 0.5x the daily ATR.
Cardano just touched a long-term descending trendline support and shows signs of a potential reversal. ? ? Smart money might be watching for a bounce, consolidation, and a sharp move toward the $0.95–$1.05 zone. ?️ Patience is key — breakout confirmation will be crucial.
BUY 0.85200 | STOP 0.84500 | TAKE 0.86250 | We expect the price to consolidate near Friday's lows and go up above 0.86250 with further consolidation above it.
WE had forecasted in our Feb3 Posting " BLOOD BATH " IF 23159 BROKEN. SEE THE BLOOD BATH IN ACTION. CHECK OUR FEB 3 FORECAST IN BELOW LINK tradingview.com/chart/NIFTY/BV6HfNwJ-Nifty-Trend-direction/ share your comment if You find our analysis good
Spy need's To Hold $482 Or Its even lower as go as low as $474ish..... I would like to see us hold $482 to possibly take the long to $495, Theoretically speaking if we actually open up Monday in this range that's exactly what i would be looking for call etc..... But because the market is so volatile i most likely wait a whole hour to decide when and where to take my position, But other than that if we hold $482ish i would long short term day trades ext if lower than $482 I'm short.... AS always good luck and safe trades traders
Sunday night drop broke below $6.36, invalidating the minor wave 2 count and confirming that Intermediate wave 2 is still in progress. This price action can be a triple combination WXYXZ pattern. Now, good news is, this should be the last C wave leg. Bad news is it can still drop quite a bit more before the intermediate wave 2 is invalidated ($3.26). Even though I will most like get shaken out of my position, I will be looking to re-enter at the fib areas (1.618 extension and 2x extension), if price goes down there. Otherwise, I will wait for a bottom to confirm and buy in after a full five waves up and three waves down pattern. For now, need to stay away from the volatility.
Pairs on Watch - FX:EURUSD FX:GBPUSD FX:EURGBP FX:GBPCAD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
AMD Play. Accumulation during asia session. Early london session faked out early sellers, Price gave us ISC sweep. Jumped down to the 1-3 minutes and waited for a first break, then true break for reversal confirmation to be ready for sells. Waited for MSU sweep, entered off bearish engulfing candle and target next liquidity zones. 1st trade +2.69R | 2nd trade +4.0R