USD/JPY(20250425)Today's AnalysisMarket news:
Federal Reserve-①Hamack: If economic data is clear, the Fed may cut interest rates in June
②Waller: It will take until July to get a clearer understanding of how tariffs affect the economy. If tariffs lead to higher unemployment, interest rate cuts may be initiated. ③The Atlanta Fed GDPNow model predicts that the US GDP growth rate in the first quarter will be -2.5%. ④Kashkari: The frequent announcements from Washington have brought challenges to policymakers and everyone.
Technical analysis:
Today's buying and selling boundaries:
142.79
Support and resistance levels:
143.94
143.51
143.23
142.34
142.06
141.63
Trading strategy:
If the price breaks through 142.79, consider buying, the first target price is 143.23
If the price breaks through 142.34, consider selling, the first target price is 142.06
Candlestick Analysis
Nifty Analysis EOD - April 25, 2025🟢 Nifty Analysis EOD - April 25, 2025 🔴
"Inside Bar Alert — Calm Before the Storm"… And Then the Storm Hit!
📊 Market Recap: A Walk? No. A Sprint Downhill!
As we noted in yesterday’s report, the Inside Bar setup was hinting at a possible breakout—today, it delivered that breakout with thunder and lightning. And if you blinked, you probably missed it.
Nifty opened at 24,289, looked like it might test bullish waters by attempting PDH twice within the first 15 minutes, but the sellers were just getting warmed up. What followed was a merciless 400-point drop in just 30 minutes, slicing through level after level like a knife through butter.
Zone after zone fell like dominoes:
CDO
CPR Zone
PDH
S1, S2, S3, S4
24,225, 24,188
200 SMA at 24,052
24,000 ~ 23,951 Zone
Virgin Zone 23,905 ~ 23,872
Absolutely brutal sell-off. No mercy. No pause. Just raw momentum to the downside.
🕯️ Daily Candle Structure: Long-Legged Bearish
Today’s daily candle adds a strong bearish tone to the chart:
Open: Flat to Mild Gap-Up
High: 24,365.45
Low: 23,847.85
Close: Deep in red
Despite a small attempt at recovery near the lows, buyers couldn’t even regain the opening level. What’s left is a long-legged bearish candle, indicating volatility, intraday recovery attempt, and bear dominance.
📌 This type of candle often signals distribution or exhaustion, especially when it appears after a long rally. If the next session continues the bearish move, this might be the start of a short-term correction. If we get a bullish bounce, then today’s low may act as a temporary support.
🔍 Recalling the Setup:
We previously observed a Hanging Man on April 23, signaling a possible reversal. Then, the Inside Bar formed on April 24—a classic setup for a breakout.
✔️ Our expectation: 1x Mother Bar Range as a move
✔️ Bias: Slightly Bearish due to the Hanging Man and overall overextended rally
❌ Expectation: Didn’t expect this much bloodshed this fast!
📌 Gladiator Strategy Update
ATR: 347.27
IB Range: 405.4 (Extra Large IB)
Market Structure: Balanced
🎯 Trade Highlights:
No System Trade: Setup didn’t align with risk management rules
Additional Trade (Discretionary Contra):
Long Entry Triggered at 12:35 PM
✅ Target Achieved: 1:3.7 Risk-Reward
📉 Index Performance Snapshot:
Nifty 50: -207 Points (-0.86%)
Bank Nifty: -537 Points (-0.97%)
Nifty 500: -332 Points (-1.5%)
Midcap: -1399 Points (-2.5%)
Smallcap: -416 Points (-2.45%)
Midcaps and smallcaps took the biggest hit, showing broad-based weakness across the market.
📌 Key Levels to Watch
📍 Resistance Zones:
24,050
24,120
24,190 ~ 24,225
24,330 ~ 24,360
24,480 ~ 24,540
24,800
📍 Support Zones:
24,000 ~ 23,950 (Immediate)
23,820
23,710 ~ 23,660
23,500
23,410 ~ 23,370
23,215
🧭 Final Thoughts:
"The storm doesn't announce itself with thunder—it begins with silence. Yesterday was silent. Today was the thunder."
The Inside Bar setup has played out, but now eyes are on whether we get follow-through selling or a relief bounce. The next session’s first 30–45 mins might give a clue.
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Monitoring to Entry – AN/PAGThis pair was added to our Awaiting Confirmation list on April 16 , after showing a potential setup for a long position based on price deviation.
As of April 17 , the setup evolved further:
The pair Started below the lower Bollinger Band , suggesting continued price dislocation.
Stochastic %K and %D were both under 20 , indicating an Oversold condition.
ADX = 12.0 – signaling a sideways market, favorable for mean reversion.
DI-/DI+ ratio = 1.86 – still shows dominance of sellers, but that value improved (decreased) from the previous day.
A strong bullish candle appeared, reinforcing the shift in momentum.
Conclusion:
Although not all indicators were aligned perfectly, the price structure and early momentum reversal were enough for me to trigger a long entry as of April 17.
Now, I am monitoring this position with close attention to DI dynamics and further stochastic confirmation.
Long trade
1Hr TF overview
Trade Overview: GC1! (Gold Futures) – Long Position
Entry Price: 3395.9
Profit Target: 3469.0 (+2.21%)
Stop Loss: 3311.4 (–0.33%)
Risk-Reward Ratio (RR): 6.68
🕕 Entry Time: 6:00 PM
📅 Date: Wednesday, 23rd April 2025
🌍 Session: New York PM
⏱ Entry Timeframe: 5-Minute TF
Reasoning Narrative
GC1! displayed signs of bullish continuation going into the New York PM session, with price consolidating between 3.325 - 3,319 in a tight range above a recently reclaimed support zone, followed by the breakout.
GOLD (XAUUSD) May Continue Dropping, Here is WHY!The price of 📉GOLD may continue to fall after consolidating at a significant intraday resistance level.
The price broke and closed below the support level of the horizontal range. This violation confirms a bearish trend continuation.
The target price is 3247.
Selling CL based in line with daily bearish trendI did video analysis yesterday. I was looking to short CL which provided short entry in NY AM session however bounced back forming inside bar on daily chart. Today CL swept the liquidity above Daily inside bar high and reversed forming a breaker on 15M chart. I still expect yesterday's discussed idea and move to happen with target of big bearish Wednesday Daily candle low.
Gold ConsolidationGold is consolidating between a rising wedge pattern at the moment. It is still in an undecided territory at the moment because the momentum in the past few days has been clearly down, but yesterday's daily candle managed to close above the previous daily resistance level of 3,345. If we see healthy candles closing below that level (which will also break the lower boundary of the wedge pattern), then we can start looking for sells. I will look for buys only if the price closes above the resistance level (marked as a red zone in the chart) at around 3,380.
How To Customize The 1 Minute Scalping IndicatorThis tutorial explains each setting of the 1 Minute Scalping Indicator in detail so you understand exactly how to adjust your settings to get the results you would like from the indicator.
Here is a list of the details we discuss:
How to fix loading errors
Tooltips that explain each setting for your reference
Trade modes and how they are affected by other settings
Average candle size rejection parameters
Higher timeframe candle filters, settings and levels
External indicator trend filtering capabilities and how to set them up correctly
Stoploss and take profit calculations and settings you can adjust
Signal arrow customization options
Candle coloring adjustments
Visual/styling options
Make sure to watch the whole video so you fully understand how each setting affects the indicator for best results.
USD Index: A Possible Reversal in Sight?Since early February, right after Trump’s inauguration, the USD Index (DXY) has been under pressure, falling sharply by over 10%.
However, after hitting the 98.00 level, things seem to have stabilized. We're seeing the early signs of a relief rally.
🔍 Technical Perspective:
- This week’s candlestick pattern suggests a bullish reversal.
- The dip on Wednesday was quickly bought, showing buyer interest.
- A minor correction occurred yesterday, but dips are being well supported.
- Currently, the DXY trades around 99.60, just under the psychological level of 100.
🎯 Outlook:
As long as 98 remains intact, the bias shifts towards a potential rebound.
First target: 102 – a logical resistance zone and prior support.
This is not yet a confirmed trend reversal, but the price action is shifting. The key now is how the market reacts around the 100 level. A break above could trigger further bullish momentum.
Long trade
15min TF overview
🐶 DOGEUSD – Buy-Side Trade
📅 Date: Thursday, 24th April 2025
🕣 Time: 8:30 AM (New York Time)
📍 Session: London AM
📊 Entry Timeframe: Lower TF 5min
Trade Parameters
Entry Price: 0.17342
Take Profit: 0.17984 (+3.70%)
Stop Loss: 0.17277 (–0.37%)
Risk-Reward Ratio (RR): 9.83
Reasoning Narrative
This DOGEUSD buy-side trade was entered during the London AM session, a time known for increased volume and impulsive price movements as European markets open. The trade was driven by a clear bullish structure shift on the intraday timeframe, following a short-term liquidity sweep below local lows.
5min TF entry
NIFTY taking a breather before finally confirming the trend ! As we can see NIFTY remained sideways throughout the day and is yet to decide its upcoming trend as the weekly candles close above our supply zone is yet to be made hence one should trade cautiously as few coming days could be further negative to sideways so plan your trades accordingly and keep watching everyone
Long trade
30min TF overview
🛢 WTICOUSD – Buy-Side Trade
📅 Date: Thursday, 24th April 2025
🕘 Time: 9:00 AM (New York Time)
📍 Session: London AM
📊 Entry Timeframe: (5m)
Trade Parameters
Entry Price: 63.238
Take Profit: 66.619 (+5.54%)
Stop Loss: 63.036 (–0.32%)
Risk-Reward Ratio (RR): 16.74
Reasoning - Narrative
This WTI Crude Oil long trade was initiated during the London AM session, a time when commodity markets often see increased activity and institutional positioning. The trade followed a sharp reaction off a discounted price zone, which aligned with a previously unmitigated bullish order block on the intraday chart.
Before entry, price performed a liquidity sweep below 63.10, triggering stops from earlier long positions and clearing out sell-side pressure
Gold – How Important Could the Fibonacci Support Levels Be?Even by recent standards, the price action seen in Gold this week so far has been extreme. For those that may not have seen it all, here we go. Gold opened at 3331 on Monday, traded to a new all time high of 3500 on Tuesday, then dropped all the way back down to 3260 on Wednesday before recovering again to current levels around 3330. A round trip of circa 14%.
The drivers appear to be comments from President Trump and US Treasury Secretary Bessant. With President Trump seeming to challenging the independence of the Federal Reserve at the start of the week (Gold higher) and then pulling back from his most outspoken criticism on Wednesday (Gold lower). Alongside President Trump and Secretary Bessant both commenting on the potential for a de-escalation of the trade war with China on Wednesday (Gold lower), but then suggesting it may take some time to agree (Gold higher).
All of this at the same time that a potential US brokered peace detail between Ukraine and Russia may be moving a step closer to becoming a reality and you can possibly see why Gold prices have moved so much.
Right now, as traders take a pause for breath, its may be a good time to consider the charts and identify some potential support and resistance levels that may come into play into the Friday close.
Technical Update: 3292 Fibonacci 38.2% Support in Focus
Let’s be honest here, when a market is accelerating higher into new all-time high ground, as an almost ‘panic’ rush to get long of an asset is seen, it is very difficult to establish upside resistance levels that may or may not be able to hold the advance, let alone reverse it.
As technical analysts, we can only really focus on 2 things in such a condition, psychological round numbers and Fibonacci extension levels.
Therefore, it’s interesting where the recent acceleration higher in Gold stalled this week, at 3500.
Obviously, this is a round number that may have drawn traders’ interest from a psychological perspective, but this also represented a test of 3468, which is equal to the 261.8% Fibonacci extension of the October 31st to November 14th 2024 sell-off.
With weakness developing from 3500, this extension level held on a closing basis, from which further declines have materialised.
So, we might suggest after the recent weakness in Gold prices, that an upside resistance area has now been established between 3468/3500.
If that is the case, what might the support levels be for us to monitor to gauge if current weakness has further to carry of not?
Potential Support Levels:
The latest phase of price strength in Gold was seen between April 7th to April 22nd 2025, and calculating Fibonacci retracement on this price strength, may highlight some interesting support levels.
The latest downside move has tested, and is so far being held by support at 3292, which is the 38.2% Fibonacci retracement of the latest strength. Traders may now be watching how this level performs on a closing basis, as confirmed breaks lower might see a more extended phase of price weakness emerge.
Much will of course depend on future market sentiment and price trends, but closing breaks below 3292 could suggest further declines to 3228, the 50% level, possibly even 3165, which is the deeper 62% retracement.
Potential Resistance Levels:
As we have already said, the latest price activity may well be suggesting the 3468/3500 range is an area that may prove to be a resistance focus. However, if the 3292 retracement support continues to hold, focus could then be on 3380, as a possible lower resistance level.
This is equal to half of the latest declines, with closing upside breaks of this resistance possibly suggesting positive themes are re-emerging, which could lead to further pressure being placed on the important 3468/3500 resistance range.
The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Nifty Analysis EOD - April 24, 2025🟢 Nifty Analysis EOD - April 24, 2025 🔴
Inside Bar Alert—Calm Before the Storm?
📊 Market Recap:
Nifty opened at 24,284, marking a Gap Down of 51 points (-0.21%) from the previous close. The day began on a surprisingly calm note, but that didn’t last long. Within just 15 minutes, Nifty spiked over 100 points, rushing toward PDH (Previous Day’s High)—only to reverse sharply in the next 15 minutes and create a new intraday low.
📉 This wild back-and-forth action in the first hour was nothing short of a nightmare for intraday traders—especially those trying to catch a trend early. If anything, scalpers might’ve had the best time, capitalizing on the swift movements in both directions.
For the remainder of the session, Nifty oscillated within the CPR zone, with a few false breakout candles that quickly retraced. The structure remained range-bound, indecisive, and tricky to navigate.
📅 Expiry Day Check: Deja Vu, Minus the Volatility
If we set aside the unusually directional move of April 17th expiry, today looked like a textbook expiry day, much like the past 10 before it:
Movement hugging VWAP
Small false breakouts on either side
No follow-through
Today’s range: 132 points
Avg range of last 10 expiries: 192 points
This time, however, the volatility was muted, despite early session fireworks.
🕯 Daily Candle Structure: Inside Bar + Shooting Star
On the Daily chart, today’s price action has formed a bearish Shooting Star–like candle, but here’s the kicker—it’s also an Inside Bar setup.
📌 What’s an Inside Bar?
An Inside Bar pattern occurs when today’s high and low are completely within yesterday’s range (the “mother bar”). This signals consolidation or indecision, and often precedes a strong breakout.
📖 How to trade it?
Wait for a decisive breakout above the mother bar high or below the mother bar low. Add confirmation with volume surge to gauge the strength of the breakout.
👉 Remember: The Inside Bar doesn’t predict direction—it just tells you a move is brewing.
📌 Gladiator Strategy Update
ATR: 328.34
IB Range: 108.40 (Small IB)
Market Structure: Balanced
🎯 Trade Highlights:
No Trade Opportunity Presented — The structure didn’t offer any valid setups within strategy rules.
🧠 Index Performance Snapshot:
Nifty 50: -82 Points (-0.34%)
Bank Nifty: -168.65 Points (-0.30%)
Nifty 500: -57 Points (-0.26%)
Midcap: -71 Points (-0.13%)
Smallcap: -6 Points (-0.04%)
📌 Key Levels to Watch
📍 Resistance Zones:
24,330 ~ 24,360
24,480 ~ 24,540
24,800
📍 Support Zones:
24,190 ~ 24,225
23,950 ~ 24,000 (Immediate)
23,820
23,660 ~ 23,710
23,500
23,400 ~ 23,430
23,200 ~ 23,190
🧭 Final Thoughts:
"Inside Bars are like market whispers—subtle, quiet, but worth listening to. The next breakout might just surprise you."
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
7 Reasons To Think About Before You Buy This Forex PairIn this article am going to show a candlestick pattern.
Candlestick Patterns are forward looking indicators.
This means it will show you signal before the Rocket Booster Strategy clicks.
The 🚀 Rocket Booster Strategy is a common technical analysis signal.
Because it's a very simple one to show you trends.
When you look at this chart you will notice:
👉 The price is above the 50 EMA
👉The price is above the 200 EMA
👉The Candlestick Pattern Is A Bullish Harami
❌In this case the EMA's have not crossed.
❌In this case the price has not gapped up.
Even though,
✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami"
✅The price is above both moving averages.
This goes to show you that the rocket booster strategy is not perfect.
If you want to see what happens then enter a buy signal on your simulation trading account.
Trade safe.
Rocket boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
Long trade
📈 EUR/USD – Buy-Side Trade Idea
Date: Wednesday, 23rd April 2025
Session: New York to Tokyo Overlap (PM)
Entry Time: 6:00 PM (NY Time)
Trade Parameters
Entry Price: 1.13420
Take Profit: 1.14744 (+1.717%)
Stop Loss: 1.13130 (−0.26%)
Risk-Reward Ratio (RR): 4.57
The EUR/USD pair showed signs of bullish momentum into the NY close, with strong support holding around the 1.13130 level—a key structure from the previous intraday low.
Looking to sell CLI'm looking to sell CL futures based on yesterdays' price action on daily chart which suggests that we might see the next leg down in line with Daily downtrend.
Looking to short pending one more move higher to take equal highs created in early London session and looking for breaker lower to structure logic stop loss and sufficient R:R.
GOLD (XAUUSD): Strong Bullish Signs?!
Gold strongly corrected from 3500 psychological level.
After a test of the underlined intraday support cluster,
the market started to leave strong bullish clues.
After a false violation of the support, the price accumulated a bit
and broke a resistance line of a falling wedge pattern on an hourly time frame.
With that move, Gold also managed to confirm a local Change of Character CHoCH.
All these bullish signals indicate a highly probable continuation of a growth.
The price may move up at least to 3377 level easily.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.