The US dollar traded mixed shortly after the NFP was released, as risk-on sentiment remained the prevailing trend. As index futures rose further, commodity dollars extended their gains against the greenback, while the USD/JPY attempted to find support around the key 144.00 - 144.50 area. This zone was resistance in the past so let's see if the UJ will be able to rebound from here later in the session, and in early next week. NFP comes in stronger, but... The nonfarm payrolls data “beat” forecasts, with a headline print of 177K vs. 138K eyed. But data for March was revised lower to 185K rom 228K. Revisions to prior two months have taken out 58K from initial estimates. Taken together, this is hardly a beat. But the good news was that full-time employment rose sharply. The unemployment rate, meanwhile, was unchanged at 4.2%. On the inflation side of things, average earnings came in slightly lower than expected, rising 0.2% on a month-over-month basis, compared with 0.3% expected. Nothing to get too excited over, but potentially good news as far as inflation is concerned – especially after we saw a slightly weaker Core PCE Price Index in mid-week. NFP was never going to matter much The market’s focus is on trade war and trade negotiations. We were never going to see any wild market reactions, and so it has so far proved. The US dollar initially spiked then quickly returned to pre-NFP levels. Gold fell, and index futures added onto earlier gains. Up next: ISM Services PMI on Monday and FOMC on Thursday. By Fawad Razaqzada, market analyst with FOREX.com
https://www.tradingview.com/x/lZh6TQv9/ USDJPY formed a strong bullish reversal pattern on a daily, breaking the underlined daily resistance and confirming a Change of Character CHoCH. I believe that the pair will steadily return to a global bullish trend. The price may grow at least to 147.0 level after a completion of a retracement. ❤️Please, support my work with like, thank you!❤️
Please note, there is no collected liquidity here. Technically we cannot go higher yet. Everything is relevant.
It can be seen that gold when nfp has decreased but the buying power on gold is still strong, my prediction is that gold can still make an increase. SL: 3230 (300 pips) TP: 3290
CIEN coming back ferociously from the tariff bottom. About to break second Major Resistance, one more to go. Very likely to see a dip from one of these major zones. $71.88-72.53 is the immediate resistance breaking $75.93-76.30 is the next resistance to try shorting. $68.77-69.37 is the first support in case of a dip. ================================================= .
Gold is trading in a descending channel, breakout from this channel will further determines price direction.
GBP/USD has tested the 1.32767 demand zone and is holding steady after a strong downward move. This level aligns with high-volume support on the LuxAlgo Visible Range, suggesting potential for a bullish reversal. If price sustains above 1.32800, we could see upside targets of: 1.33550 (First resistance) 1.34097 (Supply zone) This is a critical area to watch — buyers may step in aggressively here, especially with key economic news on the horizon (note the calendar icons below). Setup Idea (Not Financial Advice): Long above 1.32850 TP1: 1.33500 TP2: 1.34050 SL: Below 1.32650 Confluence: Price action at strong demand Potential higher low forming LuxAlgo S&D + volume profile match Watch for confirmation candles and news impact! --- Hashtags & Tags: #GBPUSD #ForexTrading #PriceAction #TechnicalAnalysis #FXSetup #BritishPound #USDollar #LuxAlgo #SupplyDemand #SmartMoney #TradingView #SwingTrade #MarketAnalysis Emojis for Engagement: ??⚡?????? ---
Latest My mina opinion did stop but i am quite sure this will be hit to target
I see a clean inverse head and shoulders forming here, with price pressing against resistance and volume firming up. MACD is curling bullish, RSI recovering, and price is above the cloud. I’m buying here and collecting the dividend while I wait. Break above $58 could trigger a strong move toward R1 ($61) and possibly R2 ($65). Let’s see if O explodes like it wants to.
Looks like ONDO may have completed an Expanded Flat Correction and is looking at a medium term price target of $2.65. No financial advice!