By Ion Jáuregui – Senior Analyst, ActivTrades Today the Ibex 35 kicked off with strength, surpassing 12,882 points within its first trading hour and leaving behind yesterday’s close of 12,847.40. It was a Friday session marked by the ongoing tension between the U.S. executive branch and the Federal Reserve, which dragged Wall Street lower and spread caution among European investors. Despite this adverse backdrop, the Spanish benchmark held up relatively well, underscoring why so many regard it as one of the strongest markets on the global stage. Meanwhile, the Euro Stoxx 50® dipped 0.40% to 4,915.74 after brushing the upward trendline drawn from the 2020 and 2022 lows around 4,545 points. During the week of April 14–18, the Ibex 35 moved forcefully higher. It opened at 12,609.80 and, after two days of gains exceeding 2%, closed the week at 12,918.00—posting a roughly 2.5% advance. That momentum persisted even as the second half of the week cooled off, highlighting the index’s capacity to rebound amid neutral or slightly negative news. Technical Analysis The index continues to press higher today. Its RSI sits in neutral territory at 59%, having shed overbought readings from Friday’s session and retraced just above the 12,701 support level. The trading range borne of U.S. tariff headlines seems to be in the rearview mirror, and the Ibex now appears intent on consolidating around current prices before challenging its highs again. On the one-hour chart, the Point of Control lies at 13,275—right in the middle of the prior 13,025–13,495 range. Meanwhile, moving average crossovers are flashing bullish signals: the 200 period average is about to cross above the 100 period, and the 50 period remains firmly sloped upward. With scarcely any new macroeconomic catalysts on the immediate horizon, last week’s momentum may well carry the index back toward its previous trading zone. With few fresh data points ahead, it’s likely that inertia from last week will extend gains toward earlier price levels. At ActivTrades, we advise waiting for a clean consolidation in the 12,000–12,180 area before adding new positions—using that opportunity to place protective stops below 11,589 on the Ibex and 4,545 on the Euro Stoxx. This approach limits risk while providing clear visibility, in a market environment that favors highly liquid, dividend paying stocks typically leading the recovery phases. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.
Good Morning, I entered a trade with QQQ yesterday as the market has signaled a strong movement for the bulls. By no means is this a confirmed moved however I saw an opportunity for early entry. We still need to beat out the overall trend reversal resistance which is at the 19,700 mark of April 2th. Prior to that we need to make it through: 18,400$ First resistance. 19,000 2nd Resistance. Trend is showing that we will break both of those levels. Enjoy!
The FTSE 100 Index remains in a bearish structure, with recent price action confirming a break below the prior consolidation zone, indicating potential for further downside. Key Resistance: 8380 – former support turned resistance, aligning with the intraday consolidation area. Support Levels: 8113 – near-term target if bearish momentum continues 7960 and 7850 – medium to long-term downside objectives An oversold bounce may occur, but unless price breaks and closes above 8380 on the daily chart, the bearish outlook remains intact. Conversely, a confirmed breakout above 8380 would invalidate the bearish bias and open the path to test 8455, with 8485 as a secondary resistance. Conclusion The FTSE bias is bearish below 8380. Watch for a rejection at that level to confirm downside continuation. A daily close above 8380 would shift the outlook to bullish. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
BTC is currently at a strong resistance level , with a high probability of rejection. Additionally, other indicators like the 200 EMA are acting as a magnet, attempting to pull the price back down .
The price perfectly fulfilled my previous idea. It reached the targeted level. OANDA:XAUUSD market appears unstoppable as it reaches a new all-time high level at 3500. From this peak, price pulled back toward the support level and previous day's high. We can observe that the price completed an ABC move before the pullback formed. Following this retracement, there's a possibility the price is creating either a triangle pattern or flag pattern similar to previous formation. If the market maintains position above the upward trendline and the crucial support level at 3400, there's a strong probability of trend continuation with the market retesting the ATH level and pushing further upward. My goal is resistance around 3520 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
Markets shook, paper hands flinched. But now we’re printing stability at high volume support. Bull Load at 75% — and quants aren't here for games. MACD leveling Red momentum fading Higher low locked in This is where institutional bids step in and retail chokes on disbelief. We aren't selling. We're engineering velocity. Target: reclaim the 50 EMA, destroy disbelief. Let the shorts cover — we’re not here for $2.50, we’re eyeing $3.80+.
XNL is in falling wedge pattern, being oversold with bullish divergence. Pattern looks similar to OM before it did x500 push up. Not saying XNL will also do x500 move but strong push up to test ATH range is fesible and in line with what some other alts already did.
EUR/USD traded around 1.1530 on Tuesday, while the dollar index remained around 98.4, weighed down by concerns about the Federal Reserve’s independence and escalating trade tensions. President Trump called for swift rate cuts and suggested removing Fed Chair Jerome Powell, fueling worries over political influence on monetary policy. The sentiment was further impacted by stalled US-China negotiations and China’s warnings to countries aligning with Washington. Key resistance is at 1.1550, followed by 1.1600 and 1.1680. Support lies at 1.1400, then 1.1260 and 1.1180.
Could see an 8% drop here for sol after this trendline break and retest but could also be a fakeout caution This is not financial advice
Gold taking support at demand zone can be brought for target of XI zone . Already brought once from supply till XI zone . Sold from XI zone target done of supply zone . Now taking a risky trade . If sl hit then will sell again from the break down of supply zone