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GOLD market update: range locked / breakout pending🏆 Gold Market Mid-Term Update 📊 Technical Outlook Update 🏆 Market Overview ▪️broke above 3 000 USD ▪️3250 USD S/R cleared as well ▪️Tested 3500 USD key S/R ▪️Rejection at 3500 USD key S/R ▪️pullback in progress currently ▪️locked inside range trading ▪️3275/3365 usd active range ▪️break below 3245 - BEARS take over ▪️break above 3385 - BULLS take over ▪️Bulls targets - 3450/3550 USD ▪️Bears targets - 3050/3150 USD ⭐️Recommended strategy ▪️Wait for a breakout ▪️LONG/SHORT after breakout 🔥 Key Drivers to Watch 🌍 Geopolitics & Trade 🇺🇸🇨🇳 U.S.–China Tariffs: Escalation continues pushing inflation fears & gold demand 🇪🇺 EU–U.S. tariffs (25%) are further straining global trade 💵 Weaker USD = stronger gold sentiment 🕊 Russia–Ukraine Ceasefire Talks 🗓 May 9 (Victory Day): Symbolic date eyed for a possible ceasefire announcement 🇷🇺 Parade vs 🇺🇦 EU leaders visiting Kyiv — all eyes on peace prospects ☢️ U.S.–Iran Nuclear Deal 🗓 April 28: Talks in Rome 🇮🇷 Iran shows readiness — possible easing of Middle East tensions
OANDA:XAUUSDShort
by ProjectSyndicate
30
GBP/USD - H1 - Bearish Flag (28.04.2025)FX:GBPUSD The GBP/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.3209 2nd Support – 1.3151 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Fundamental Update : on Monday as the trade tensions between the U.S. and China provided some relief to investors, while a stronger dollar further weighed on prices. The U.S. dollar TVC:DXY rose 0.2% against a basket of currencies, making bullion more expensive for overseas buyers. TVC:DJI SP:SPX NASDAQ:IXIC also rising .
Short
by KABHI_TA_TRADING
15
XAU/USD (Gold) H1 Breakout (29.04.2025)The XAU/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 3158 2nd Support – 3025 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
FX:XAUUSDShort
by KABHI_TA_TRADING
4
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EURUSD has pulled back after reaching the top of the ascending channel and encountering a resistance zone. We expect the correction to continue at least toward the identified support level. After completing the correction, a new bullish wave is expected to begin, potentially pushing the price toward higher levels. Will EURUSD resume its uptrend after the pullback? Share your thoughts below! Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
6
DXY Printing a Bullish Triangle??The DXY on the 1 Hr Chart is forming a potential continuation pattern, the Bullish Triangle! Currently Price is testing the 99.6 - 99.8 Resistance Area and battling with the 200 EMA and 34 EMA Band. The reaction to this conjunction could be pivotal in who overcomes: Buyers or Sellers. Now during the formation of the potential pattern, Price on the RSI has stayed relatively Above the 50 mark being Bullish Territory suggesting Buyers could win the Bull-Bear battle. Until Price breaks either the Resistance Area or the Rising Support, we will not have a definitive direction in which USD will strengthen or weaken. *Wait For The Break* -If Price breaks the Resistance Area, USD will strength possibly heading to the 100.8 - 101 Area -If Price breaks the Rising Support, USD will weaken possibly heading to the 98.5 - 98.3 Area Fundamentally, it is said China and USA are possibly getting closer to potentially ending the Reciprocal Tariff War going on with both sides willing to negotiate. With the USA being the #1 Consumer of Goods globally, other economies can not afford us to not buy their things so I continue to see the Tariff War more as a Strong-Arm for the USA to be able to negotiate better terms! USD News: JOLTS - Tuesday, Apr. 29th GDP - Wednesday, Apr. 30th Unemployment Claims / ISM Manu. PMI - Thursday, May 1st Non-Farm Employment Change / Avg Hourly Earnings / Unemployment Rate - Friday, May 2nd For all things Currency, Keep it Current, With Novi_Fibonacci
TVC:DXYLong
by Novi_Fibonacci
3
Heading into pullback resistance?US Dollar Index (DXY) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which acts as a pullback support. Pivot: 100.27 1st Support: 98.32 1st Resistance: 101.77 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYShort
by ICmarkets
Is the US Dollar Preparing for a Bullish Comeback?The DXY is currently maintaining a bullish setup amid trade negotiations, election developments, and anticipation of key leading U.S. economic indicators this week. An inverted head-and-shoulders formation is visible on the 4-hour time frame. A decisive catalyst and a breakout above the 100.00 and 100.30 levels are needed to confirm a more sustained bullish bounce from multi-year lows, with targets at 102.00, 103.30, and 104.70 — reversing recent strength in major global currencies. On the downside, a breach of the 97.00 level could trigger a decline toward the lower boundary of the long-term uptrend channel established since 2008, aligning with the 92.00 zone, and potentially lifting gold and major currencies globally. Several key events this week could challenge or reinforce the current bullish setup amid ongoing Trump–China trade negotiations: U.S. Advance GDP & Core PCE — Wednesday BOJ Rate Decision & U.S. ISM PMI — Thursday U.S. Non-Farm Payrolls — Friday Mega Cap Earnings — Wednesday/Thursday While long-term signals remain bearish, short-term charts suggest a potential bullish recovery, with trade negotiations likely to tip the balance. Written by Razan Hilal, CMT
TVC:DXY
by FOREXcom
NAS100 - Stock Market Waiting for a New Stimulus?!The index is trading above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. If the index continues to move upwards towards the specified supply zone, one can look for further Nasdaq short positions with a risk-reward ratio. Last week, financial markets experienced a brief sigh of relief as U.S. President Donald Trump appeared to ease tensions by signaling a limited retreat in the tariff war with China, sparking hopes for reduced friction. However, this optimism quickly faded once it became clear that Trump’s retreat was neither substantial nor impactful. From Beijing’s perspective, the trade war has transcended economic concerns, becoming an issue of national pride and sovereignty. As a result, China, the world’s second-largest economy, is not retreating as easily as Trump anticipated. This stance has evolved into a significant challenge for the White House. U.S. officials indicated that tariffs of 145% could be reduced within two to three weeks if an agreement is reached. Nonetheless, according to Chinese authorities, negotiations have yet to even begin, raising doubts about Trump’s negotiation tactics. Additionally, other concessions, such as reducing tariffs on American automakers, remain uncertain, and Trump has even threatened to raise tariffs on Canadian car imports. This environment not only fails to clarify U.S. trade policy but also deepens uncertainty for domestic businesses. Although the White House claims it is monitoring markets closely and Trump is eager to strike deals with key partners, these assurances have not alleviated concerns about the future of the U.S. economy. In the upcoming week, critical economic data could either intensify or ease current worries. On Tuesday, the Consumer Confidence Index for April and the JOLTS job openings data for March will be released. The highlight, however, will be the preliminary estimate of GDP growth, scheduled for Wednesday. The Atlanta Fed’s GDPNow model forecasts a 2.2% annualized contraction in the U.S. economy for Q1 2025. Meanwhile, a Reuters survey of economists projects a modest 0.4% growth rate, a significant slowdown from Q4’s 2.4% growth. Accompanying these reports, the ADP private-sector employment data and the Personal Consumption Expenditures (PCE) index will be published. The core PCE for March is expected to show a monthly increase of 0.1% and an annual rise of 2.5%, down from 2.8% previously. Personal spending is anticipated to maintain its 0.4% monthly growth, reflecting resilient household expenditures. Additionally, on Wednesday, the Chicago PMI and pending home sales figures will be released. Thursday will bring the Challenger layoffs data for April, but market focus will be on the ISM manufacturing PMI, expected to drop from 49 to 47.9. The week’s main event will be Friday’s release of the Nonfarm Payrolls (NFP) report. Forecasts suggest job growth will slow from 228,000 in March to 130,000 in April, while the unemployment rate is expected to remain at 4.2%. Wages are projected to rise by 0.3%.If NFP and PCE data come in weaker than expected, market expectations for a 25-basis-point rate cut by the Fed in June could intensify, although the likelihood of a cut in May will remain low. Such data would likely be bearish for the U.S. dollar but could support equity markets if recession fears do not dominate sentiment. Some Federal Reserve officials have suggested that if economic conditions deteriorate significantly, rate cuts could start as early as June. Currently, the Fed has maintained high rates to combat inflation but may lower them to support growth and prevent a sharp rise in unemployment if necessary. Trump’s trade wars pose a dual risk of increasing inflation while hurting employment, complicating the Fed’s monetary policy strategy. Presently, the Fed is in a “wait-and-see” mode, but several officials indicated last week that cuts could begin if economic data worsens. Beth Hammack, President of the Cleveland Federal Reserve Bank, told CNBC on Thursday that the Fed might lower rates starting in June if signs of economic weakening due to Trump’s sporadic tariffs appear. Christopher Waller, a Fed Board member, stated on Bloomberg TV that he could foresee rate cuts if the labor market collapses but does not expect such a scenario before July. On Thursday, Waller remarked, “It would not be surprising to see an increase in layoffs and a higher unemployment rate, especially if major tariffs return. I would expect faster rate cuts once signs of severe labor market deterioration emerge.” These comments highlight the Fed’s current dilemma as it awaits clearer evidence of significant economic fallout from Trump’s trade wars. The Federal Reserve’s mandate is to maintain low inflation and unemployment levels. Its primary tool, the federal funds rate, influences borrowing costs across the economy. The Fed can stimulate growth by lowering rates or curb inflation by raising them. Economists warn that Trump’s tariffs present the risk of simultaneously driving up inflation while damaging employment, forcing the Fed to prioritize which challenge to address first.
CAPITALCOM:US100Short
by Ali_PSND
Price Action + Fundamentals Point to Dollar StrengthThe current market environment presents compelling evidence for a bullish move in the US Dollar Index (DXY). While some patience is required, the setup is increasingly favorable for the dollar to appreciate in the coming weeks and months. Key Factors Supporting a Bullish Move: Monthly Close Above 100.160: A critical technical level to monitor is the monthly close above 100.160. If achieved, it would signal a strong bullish breakout, setting the stage for a continuation higher. Given current price action and market dynamics, this scenario looks highly probable. However, if the price fails to close above 100.160 and instead breaks below it, we could potentially start looking for short opportunities. Bond Market Strength (30Y, 10Y, 5Y): This past week, we witnessed notable strength across the US bond market. Yields declined as prices rose, typically a positive signal for the dollar as it reflects capital inflows into US assets. COT Report Insights: The Commitment of Traders (COT) report reveals a critical shift: commercial traders, often considered the "smart money," are beginning to accumulate long positions in the dollar. This change in positioning historically precedes significant bullish moves. Seasonal Patterns: Seasonality also favors the dollar during this period. Historically, the dollar tends to strengthen in the mid-year months, aligning perfectly with the current technical and fundamental landscape. Targets: Initial Target: 106.120 Given the accumulation signs and supportive macro backdrop, a move towards 106.120 seems very realistic.
TVC:DXYLong
by Wiiso
Skeptic | EUR/USD 4H Range Breakout: Key Long & Short TriggersEUR/USD on the 4-hour timeframe is currently trapped in a consolidation box, where a breakout above the ceiling or below the floor could provide excellent trading opportunities. I’m Skeptic , and in this analysis, we’ll dive into EUR/USD across multiple timeframes to identify key long and short triggers. Stick with me until the end for a complete breakdown! 🚀 Daily Timeframe: Uptrend Context 🟢 On the daily chart, EUR/USD remains within an uptrend channel , maintaining a bullish major trend. Recently, after hitting the channel’s upper resistance, the pair corrected toward the midline, a critical support zone within the channel. However, the reaction at the midline lacked strong bullish momentum, leading to a 4-hour range consolidation . This could signal the end of the correction, potentially setting the stage for a continuation of the downmove toward the lower channel boundary. 4-Hour Timeframe: Range Dynamics 🔍 On the 4H chart, EUR/USD is oscillating between 1.13904 (resistance) and 1.13153 (support) . A key observation: after the initial bounce from the 1.13153 support to 1.13904, subsequent tests of this support failed to push back to 1.13904. This indicates waning buyer strength at the 1.13153 support, increasing the likelihood of a breakout below. Additionally, while bullish candles in this range are larger, we’re seeing smaller, frequent green candles, suggesting buyer exhaustion within the box. For traders eyeing a short setup , this weakening support at 1.13153 offers a compelling opportunity. You can take on slightly higher risk by placing a sell-stop order below 1.13153 instead of waiting for a confirmed breakout candle (this is my personal approach). A short trigger would be validated by a break below 1.13153, with RSI entering oversold as a strong confirmation. Short targets: 1.12692, with a potential extension to 1.12006. For a long setup , a breakout above 1.13904 could signal a resumption of bullish momentum, targeting the upper channel boundary on the daily chart. Wait for a confirmed breakout before entering long to avoid false signals. DXY Correlation: Additional Confirmation 📈 Let’s also consider the US Dollar Index (DXY). After a recent rally, DXY has entered a time-based correction, visible as a pullback to a descending yellow trendline. A break below DXY’s support at 99.195 would reinforce our EUR/USD long setup, while a breakout above the trendline and 99.876 would strengthen our EUR/USD short setup. Both scenarios offer sharp price movements with attractive risk-to-reward (R/R) ratios, making these triggers highly actionable. Final Thoughts 🙌 Thanks for joining me in this detailed EUR/USD analysis! I’m Skeptic, and I share daily forex and crypto insights. If you found this useful, please follow for more content! 🔥
by SkepticWise
1
USDCHF | 15M | Needs to break for uptrendHey there my friend; I’ve prepared my analysis of USD/CHF for you. For USD/CHF to move into an upward trend, it needs to break out of the parallel channel. Once it breaks out of the parallel channel, I’ll share the target levels with you. Dear friends, your likes are always my biggest source of motivation for me to share analysis. For this reason, I would like to ask each and every one of my followers; please do not miss your likes. I sincerely thank everyone who supports me with their likes.
by TraderTilki
DXY BREAKOUT IN PLAY — Smart Money is Moving!After a clean falling wedge formation, DXY is showing early signs of bullish momentum. Price action respects the trendline support + bullish orderblock (green zone) beautifully! Next targets: 101.000 — 103.000 zone. Watch for pullback entries before continuation. This is textbook falling wedge breakout behavior — stay sharp! Levels Marked: Support: 99.00 zone Target Zones: 101.000 & 103.000 Breaker structure: Confirmed bullish Save this setup & be prepared!
CAPITALCOM:DXY
by Greenfireforex
DXY: Will Go Up! Long! My dear friends, Today we will analyse DXY together☺️ The market is at an inflection zone and price has now reached an area around 98.933 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 99.097.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
CAPITALCOM:DXYLong
by FreeXauusdSignals
1