Yen Appreciates with Trade TurmoilThe Japanese yen rose above 146 per dollar on Wednesday, extending gains as Trump's looming tariffs drove safe-haven flows. The dollar weakened on recession fears tied to escalating trade tensions and potential Fed rate cuts. New U.S. tariffs include a 24% duty on Japanese goods and a 25% car import levy. Trump confirmed that Japan will send a delegation to renegotiate terms, while PM Ishiba urged a policy rethink. Domestically, Japan's current account surplus hit a record in February, supported by strong exports and reduced imports, boosting the yen further.
Key resistance is at 148.70, with further levels at 152.70 and 157.70. Support stands at 145.60, followed by 143.00 and 141.80.
Chartanalysis
Innovative Industrial Properties: Low AheadThe stock of Innovative Industrial Properties managed to stabilize somewhat at the upper edge of our green Target Zone (coordinates: $53.48 – $16.80) but should soon initiate the next downward impulse. In the short term, we expect a final corrective movement deeper into our green Target Zone to establish the low of the overarching wave in green. Once the wave low is settled, the impulsive wave in green should take over and carry the stock beyond the resistance at $137.90.
$AMD $75 support targetHi, NASDAQ:AMD short may be activated here looking at the daily and weekly. I personally think we are in a bearish trend market wide with the uncertainty and unknowing's of global economics and policies. I believe NASDAQ:AMD will tap into my support zone, in my opinion we have a local resistance of $88-$90.
WSL.
Silver Holds Ground as Markets Eye Fed CutsSilver hovered around $30 per ounce on Monday, staying volatile as markets reacted to Trump’s escalating trade war. The metal dropped 16% over three sessions as recession fears sparked a broad selloff, with traders liquidating metals to cover losses. China retaliated with tariffs after the US imposed levies on all countries, with others expected to follow. Trump’s tariffs excluded copper, gold, energy, and certain minerals. Despite the slump, silver may regain support as markets bet on more Fed rate cuts this year.
Technically first resistance level is located at 30.90. In case of its breach 31.40 and 32.50 could be monitored respectively. On the downside, the first support is at 29.00. 28.40 and 27.50 would become the next support levels if this level is passed.
Gold Jumps on Fresh Trade War WorriesGold rose above $2,995/oz on Tuesday, rebounding from a 4-week low as trade war fears fueled haven demand. Trump threatened a 50% duty on China starting Wednesday unless it drops its 34% tariffs, while the EU proposed 25% counter-tariffs on U.S. goods. Markets await Fed minutes (Wed), CPI (Thu), and PPI (Fri) for policy clues. Despite recent losses, gold is still up over 14% YTD.
Key resistance is at $3,050, followed by $3,085 and $3,105. Support stands at $2,956, then $2,930 and $2830.
Euro Firms as U.S.-China-EU Trade Rift WidensThe euro hovered near $1.10, its highest since October 2024, as the dollar weakened and trade tensions escalated. China plans to impose 34% tariffs on all U.S. goods from April 10, following Trump’s 10% tariff on all imports, including 20% on EU and 34% on Chinese goods. France urged firms to halt U.S. investments, and the EU is preparing countermeasures. Markets now price in a 90% chance of an ECB rate cut in April, with the deposit rate seen falling to 1.65% by December from 2.5%.
Key resistance is at 1.1100, followed by 1.1150 and 1.1215. Support lies at 1.0900, then 1.0850 and 1.0730.
XAUUSD (Gold) Technical Chart Analysis XAUUSD (Gold) Daily Chart Analysis
Current Price:
$3,011.89, up +0.96% today
High: $3,014.23 | Low: $2,978.59
*Technical Overview:
🔹 Trend:
Gold remains in a strong uptrend, forming consistent higher highs and higher lows since late 2023.
However, the recent price action shows a pullback after reaching new highs.
🔹 Stochastic RSI:
%K = 4.55, %D = 23.48 → Oversold zone
Indicates potential for a short-term bounce if momentum picks up.
🔹 MACD:
Bearish crossover in progress, histogram turning red.
Suggests short-term bearish pressure, though it's likely a healthy correction within a larger bullish trend.
🎯 Strategy Outlook:
🔸 Short-Term Strategy:
Wait for a bullish confirmation near the $2,975 support zone.
Watch for reversal signals from oversold Stoch RSI.
Consider short-term buys if price stabilizes above $2,980–$3,000.
🔸 Long-Term Strategy:
As long as the price holds above $2,900–$2,950, the overall uptrend remains intact.
Dips could be seen as buying opportunities in the long run.
Use pullbacks to scale in gradually with proper risk management.
*Thoughts :
Gold is currently in a technical pullback but still bullish in the bigger picture. Short-term traders should stay cautious, while long-term bulls can look for dips to buy.
Tencent: Significant Decline!Tencent's stock took a significant hit, creating a noticeable gap in the chart. Nevertheless, for now, our primary assumption remains that the price is currently working on the turquoise wave 3 and will soon move toward the resistance at HK$715. Afterward, a corrective movement should follow during wave 4. However, if the stock falls below the support at HK$364.80, downward pressure will mount significantly and make it increasingly likely that the price will drop to new lows below the nearest marks at HK$261 and HK$188.60 to develop a new low of the large wave alt. in green (probability: 36%).
SUPPORT AND RESISTANCE BREAKOUT ALERT!🚨 Attention Traders! 🚨
XAUUSD is on fire, breaking records with power! 🔥 Here's the latest:
Current Range: We're seeing a fierce battle between 3017 and 3043. Will we break out soon?
Bearish Scenario: Watch out for a possible dip below this range. If that happens, targets like 2988 and 2978 could be in play. ⚠️
Bullish Scenario: A breakout above 3043 opens up buying opportunities! Watch for movement above 3072, with targets at 3124 and 3150. 🚀
💬 Join the Discussion! What are your thoughts? Let’s ride this wave and make the most of the opportunities ahead! 💎
Yen Fluctuates on Global Tariff VolatilityThe yen fluctuated on Monday, rising to 145 per dollar before easing to 147, as global trade tensions and reciprocal tariffs triggered market volatility. Fears of a global recession drove demand for safe havens like the yen, Swiss franc, and bonds. Japan’s February wage growth offered some optimism, and the Bank of Japan is still expected to raise rates this year despite ongoing uncertainty.
Key resistance is at 147.00, with further levels at 152.70 and 157.70. Support stands at 145.60, followed by 143.00 and 141.80.
Silver Rebounds Sharply on Risk AversionSilver rebounded Monday, rising 2.3% to $30.22 an ounce after hitting a seven-month low. The recovery followed sharp market volatility and recession fears from rising U.S.-China trade tensions. While silver benefits from safe-haven demand, its industrial use remains a weakness. Broader market sell-offs could keep price action choppy, but intensified risk aversion and Fed easing could support silver demand.
If silver breaks above $30.90, resistance levels are at $31.40 and $32.50. Support stands at $29.00, followed by $28.40 and $27.50.
Gold Stabilizes Near 3-Week LowGold steadied around $3,030 per ounce on Monday after falling over 1% to a three-week low. The drop sparked speculation that investors were taking profits or covering losses amid broader market declines driven by recession fears from escalating trade tensions. Fed Chair Jerome Powell warned that tariffs could raise inflation and slow growth, underscoring challenges for policymakers.
Key resistance is at $3,050, followed by $3,085 and $3,105. Support stands at $2,980, then $2,930 and $2830.
GBP/USD Softens in Risk-Off TradeThe GBP/USD pair dipped 0.11% to $1.289 in Asian trading, pressured by global recession fears and rising U.S.-China trade tensions. While expectations of Fed rate cuts have weighed on the dollar, the pound remains weak amid economic uncertainty and an unclear Bank of England outlook. With no strong catalysts, GBP/USD may stay vulnerable, especially if risk aversion intensifies.
If GBP/USD breaks above 1.3000, resistance levels are at 1.3050 and 1.3120. Support is at 1.2900, followed by 1.2850 and 1.2800.
EUR/USD Edges Higher Amid Fed Cut BetsThe EUR/USD rose 0.03% to $1.0967 in Asian trade, supported by expectations of Fed rate cuts amid U.S.-China trade tensions. However, gains were limited by concerns over European growth and global trade disruptions. Without signs of market stability, the pair may stay range-bound under risk aversion pressure.
Key resistance is at 1.1100, followed by 1.1150 and 1.1215. Support lies at 1.1000, then 1.0850 and 1.0730.
WILL GOLD MARK NEW ATH TRUMP TERRIF ALERT!🚨 GOLD UPDATE (XAU/USD)🚨
Gold is showing a strong bullish trend, and it’s expected to continue for the next month. 🌟 If you see any dips, buy in again and again! We could see gold touch 3200 soon, especially with the ongoing China & Trump tensions. The US economy remains strong, and fundamentally, gold is primed to soar even higher! 📈💥
After Trump's tariffs, gold may dip and sweep more liquidity before bouncing back stronger. ⚡ As China and Trump battle, US strength keeps pushing gold to new heights. 📊
Key Buying Zones 🔑:
- 3030 – 3035: Last zone for reversal 🔄
- 3000: Strong support zone 🚀
Targets 🎯:
- 3100 💰
- 3200 💎
- After 1 month: 3300 💥
⚠️ Always follow risk management⚠️
NFP BIG BULL SETUP BREAKOUT ALERT!🔥 Market Update for Traders! 🔥
Right now, the market is showing BEARISH momentum, and it's looking like we're heading for a dip. We could see the market fall and sweep the area around 3052 👀. Once that happens, expect a *huge* bounce back as the market could be getting ready to **shoot to the moon 🚀🌕!
🛑 KEY BUY LEVEL: 3130 - This is where you want to be ready to go long! 📈
🎯 First Target: Once we hit 3130, eyes on the ATH (All-Time High) for the retest! 🙌 And from there, we're eyeing a target at 3200 🚀🔥.
💥 NFP News Incoming! 💥
After Trump's speech, gold could *fall* around 1000 pips ⬇️, but **NFP could trigger a huge pump 📊💥. Stay sharp and trade with caution.
💡 Risk Management is KEY! Always follow your plan, set stop losses, and protect your capital. Don't let emotions drive your decisions! 📉🔑
Trade smart, stay sharp, and let's get those gains! 💸💥
#BearishMomentum #BullishReversal #RiskManagement #GoldPrice #NFPAlert
Polkadot: Shaky SupportPolkadot remains weak, barely holding onto the round $4 mark on Friday. Primarily, we soon expect another sell-off below the support at $3.67 and into the orange Target Zone between $2.40 and $1.07. Once the low of the magenta wave is reached down there, the next major impulsive movement can start and carry the price back above the resistance at $5.38. If Polkadot turns sustainably upward now and directly breaks through the $5.38 mark, the next magenta impulse wave alt. will begin prematurely. In this 20% likely alternative scenario, the corrective structure (still ongoing according to the primary scenario) would have already been completed with the low of March 11.
7 April Nifty50 important level trading zone #Nifty50
99% working trading plan
👆Gap up open 22920 above & 10m hold after positive trade target 23020, 23130
👆Gap up open 22920 below 10 m not break upside after nigetive trade target 22860, 22823, 22709
👆Gap down open 22862 above 15m hold after positive trade target 22918, 23018
👆Gap down open 22862 below 10 m not break upside after nigetive trade target 22818, 22709
⚡big gapdown open 22709 above hold 1st positive trade view
⚡big Gapup opening 23020 below nigetive trade view
Tep . Market new base hi carefully
📌For education purpose I'm not responsible your trade More education following me
NFP REPORT IMPACT ON XAUUSD ALERT!🚨 XAUUSD Market Alert 🚨
🔥 Current Action: XAUUSD is currently range-bound between 3101 and 3114—will it break out soon? The market’s at a critical point, and a sharp move could be on the horizon!
📉 Bearish Scenario: If price slips below this zone, keep an eye on potential support levels at 3070 and 3054. A downward shift could set up fresh opportunities for sellers.
📈 Bullish Scenario: On the flip side, a solid break above 3114 could trigger buying pressure, with targets at 3140 and 3170. A move like this could spark a new uptrend, especially with NFP data on the way, which could impact the gold market!
💬 Let’s Talk Strategy: What’s your take on the XAUUSD setup? Share your insights, and let’s navigate this golden opportunity together! 💰🚀