Possible Battle Between USDJPY Bulls and Bears at TrendlineUSDJPY is currently testing its weekly trendline, but recent data from Japan may challenge the possibility of a downward break.
Market turmoil has increased demand for long-term U.S. bonds, and the resulting drop in the TVC:US10Y has kept the TVC:DXY under pressure, conditions that have supported Yen bulls. However, the latest wage data out of Japan may shift the short-term outlook just as the trendline is being tested.
Base full-time wage growth dropped to 1.9% year-over-year, down from 3%. This slowdown may give the Bank of Japan more justification to hold rates steady at its next meeting. If tariff-related panic subsides with any calming news from the White House, USDJPY could see renewed upside potential.
In the short term, two resistance levels are crucial: 146.50 and 147.50. The battle between bulls and bears is likely to play out between these resistance levels and the weekly trendline near 145.
J-DXY
XAUUSD/GOLD Possible Move 09.04.2025📊 Market Context
After a sharp selloff from the $3,160 region to sub-$2,980 levels, the market is now in recovery/consolidation mode.
Market currently hovers around $3,010 after bouncing from below $2,980, indicating buyer interest.
📏 Fibonacci + Support Confluence Zones
Price may pull back and give a buy-the-dip opportunity.
✅ Buy Zone 1 – $2,993–2,997
Reason: Retest of strong horizontal support, Fibonacci .5% area.
Signal to Enter Long: Bullish engulfing / hammer on M5/M15 + RSI divergence.
Target: $3,010 (first), $3,020+ (extended).
🔁 Retest Logic
Wait for price to retest any of these zones on low volume → watch for bullish candle close.
⚠️ Important Notes
Avoid entering mid-range trades at $3,010–$3,015 without pullback confirmation.
Aggressive buys can be scalped on momentum breakouts of $3,020 only if volume supports.
Always monitor for news or sudden volume spikes which can invalidate pullback zones.
Follow, comment, like and join for more like analysis.
Gold: Economic Risks May Drive Prices UpGold Surges Amid Global Uncertainty, Testing Key Resistance
Gold has continued its impressive rebound, climbing steadily from its recent trough at $2,957 to reclaim territory above the psychological $3,000 mark. This upward momentum is being driven by a confluence of macroeconomic factors, including a softening US dollar and a pause in the previously relentless climb of US Treasury yields. With markets recalibrating their expectations around interest rate cuts by the Federal Reserve, investor appetite for safe-haven assets like gold has gained renewed strength.
At the heart of the current rally lies mounting geopolitical tension, particularly the intensifying trade standoff between the United States and China. Washington's proposal to impose 50% tariffs on a broad array of Chinese goods has rattled global markets. In response, Beijing is signaling potential retaliatory measures, further stoking fears of a prolonged economic conflict between the world's two largest economies. These developments are injecting volatility into risk assets and increasing demand for traditional hedges such as gold.
From a technical standpoint, the precious metal is currently grappling with a significant resistance level near $3,013. If the price manages to consolidate above this threshold following the current retracement, it could pave the way for a continued upward drive toward the next resistance zones at $3,033 and $3,057. These levels represent key pivot points that could dictate the short- to medium-term trajectory of gold.
On the downside, immediate support lies at $2,996, with stronger backing at $2,981. These levels may provide a cushion for any near-term pullbacks, especially as traders look for opportunities to re-enter the market during dips.
The broader narrative remains highly fluid, shaped by the ever-changing dynamics of global trade policy and monetary strategy. As the tug-of-war between Washington and Beijing intensifies, markets are left navigating a highly politicized and uncertain environment. With neither side showing signs of capitulation—China maintaining its firm stance, and the US administration likely to resist backing down—the potential for further escalation remains high.
In this context, gold’s appeal as a strategic asset grows stronger. The current setup suggests that the metal may gain additional bullish traction if it finds support around the 0.5 Fibonacci retracement level or holds above $3,013. Investors are keenly watching these technical and fundamental cues, weighing the growing economic risks that could propel gold into a sustained rally.
Weekly Market Analysis - 9th April 2025Here we are with another market analysis. This time, a bit late in the week on a Wednesday, but it is what it is! We have CPI today and PPI tomorrow, so this should be an interesting week. Overall, gut instinct tells me we would be pushing lower for the DXY, but again, i'm not betting anything on it. I trade the candles, I trade the structure, I don't trade guesses.
I hope you find the video analysis useful. Take care this week!
- R2F Trading
Trading Plan for DXY Elliott Wave View:
Large correction marked as Wave 4 in progress.
Inside it, a (A)-(B)-(C) zigzag structure is unfolding.
We’re currently in a sub-Wave B of C, expecting a short dip before a bullish move into the 104.80–105.60 supply zone (red box).
Invalidation level sits at 108.247, confirming the correction is valid below that.
2. Price Levels & Zones:
Strong support zone around 101.50–102.00, projected as a potential base for the next leg up (Wave C).
Resistance (target) is clearly the red supply zone near 105.
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Correlation with EUR/USD Chart:
If DXY is expected to rise in its Wave C, then EUR/USD should fall (as seen in your earlier chart).
Your EUR/USD analysis targets the 1.06924 demand zone — this lines up perfectly with DXY's Wave C rise.
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Trading Plan for DXY (or correlation play):
If trading DXY directly (if possible via CFDs):
Buy setup: Wait for minor correction (Wave B) to bottom around 101.80–102.00.
Entry: Near support with confirmation candle.
Target: Red zone 104.80–105.60.
SL: Below 101.50.
For EUR/USD traders:
Watch for EUR/USD Wave B to complete.
Once DXY starts impulsing up (Wave C), EUR/USD will likely drop hard.
That’s your sell opportunity on EUR/USD, aligned with DXY strength.
DXY WILL GO DOWN|SHORT|
✅DXY made a retest of
The horizontal resistance
Of 103.400 and we are seeing
A bearish pullback already
So we are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
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Dollar Index Bullish to $111.350 (UPDATE)Since yesterday's Dollar update, price has moved according to our arrow. We saw a small dip down overnight & now buyers have once again pushed price back into the grey zone.
We are expecting price to remain within this grey zone, seeing it flip from a resistance zone into support. Once price closes above this zone, we'll have extra confirmation that Dollar buyers are ready to push price even higher🚀
This GBP/USD Move Will Catch Most Traders Off GuardGBP/USD has been in a strong uptrend over the past few weeks, with consistent bullish momentum. However, last week we saw the pair move into a period of range-bound consolidation—that is, until geopolitical headlines shook things up.
Following the news of Trump’s tariff announcements, the pair initially spiked aggressively to the upside, only to see a sharp 500-pip drop the next day. While this move might seem like a reversal at first glance, I believe it's a healthy pullback within a broader bullish trend.
Here’s why:
✅ The recent decline cleared out late buyers, creating a potential liquidity zone for institutions.
✅ Prior to the drop, the market took out sell-side liquidity from the range, then quickly reversed — a classic "grab and go" move.
✅ Structure remains intact to the upside, and I believe this pullback presents a high-probability buying opportunity.
📈 I’m expecting GBP/USD to retest and likely break last week’s high, with potential for another 500+ pip move to the upside in the coming sessions.
🛑 As always, manage risk carefully—nothing moves in a straight line, and fundamentals remain a factor.
If you found this insight helpful, give it a boost! 🔥
US DOLLAR at Key Support: Will Price Rebound to 103.350?TVC:DXY is currently testing a key support zone, an area where the price has previously shown strong bullish reactions. The recent price action suggests that buyers may step in and drive the price higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a bounce from this level. If buyers regain control, the price could move toward the 103.350 level.
However, a breakout below this support would invalidate the bullish outlook, potentially opening the door for further downside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
We might get a play on Gold soon! Been waiting for price to come for these levels for almost a month now. Now that we are finally here I'm just trying to keep my cool and wait for things to line up inside of the killzone. We could get a nice bullish swing here. We just have to wait for price to show us thats what it wants to do.
GOLD H1 Update: Expect correction 2900/2950 USD🏆 Gold Market Update (April 3rd, 2025)
📊 Technical Outlook Update
▪️5 wave impulse completed
▪️Expect correction now
▪️Tariffs already priced in
▪️Profit taking in progress now
▪️Price Target BEARS 2900/2950 USD
▪️Strategy: SHORT SELL rips/rallied
▪️target is 2900/2950 USD
📢 Gold Market Update – April 2025
📈 Gold Hits All-Time High!
🚀 Price spiked to $3,167.84/oz after Trump announced sweeping tariffs (10–34%) on global imports.
🌎 Investors rushed to safe-haven assets amid rising trade war fears.
📉 Volatility Followed
💸 Sharp pullback after the surge as markets reacted to global uncertainty.
🔁 Analysts expect more swings as tensions evolve.
🏦 Central Banks Buying More Gold
🛡️ A move to protect against currency risks & inflation fears.
4.8 Gold Bollinger Bands bearish signal appearsRecently, the spot gold price once fell below the psychological barrier of $3,000, triggering technical concerns in the market about whether the gold bull market has reached its peak. On Monday (April 7) in the North American session, spot gold is currently trying to recover to around $3,030, but the technical indicators have shown obvious divergence.
Fundamental analysis
The market's concerns about US inflation continue to ferment, and the intensification of global trade frictions is driving the market's concerns about economic stagflation. The Fed's policy stance has also undergone subtle changes. The market has begun to price in five possible interest rate cuts this year. The CME FedWatch tool shows that the probability of the Fed's interest rate cut in May has soared from 33.3% last Friday to 49.3%.
At present, traders are turning their attention to the US inflation data to be released this week, which will provide important clues for assessing the US economic situation.
Technical analysts' interpretation:
Bollinger band breakthrough signal indicates a short-term correction
On the daily chart, gold prices have formed a clear upward channel since mid-March, but recently touched the upper track of the Bollinger band and began to fall. It is worth noting that the middle track of the Bollinger Band 3006.13 has become a key support level. After breaking through the historical high of 3167.60, the price has shown a typical upward exhaustion pattern. The MACD indicator shows DIFF: 43.46, DEA: 48.65, MACD: -10.39, and the green kinetic energy column has begun to expand, indicating that the short-term downward momentum is accumulating.
RSI indicator shows overbought correction
The 120-minute chart shows that the RSI indicator has fallen from the overbought area to a neutral level of 40.37. At the same time, the CCI indicator has dropped to -45.05, further confirming the trend of short-term overbought correction.
Key support and resistance level analysis
The current gold price faces multiple technical resistances, among which 3055.00 and 3085.00 constitute the main resistance range for short-term rebound. The lower support levels are mainly concentrated at $3005.00 and $2971.31, and these two levels will determine whether the gold price can remain above the psychological level of $3,000. In particular, the $2971.31 level, as a recent low, may trigger a deeper adjustment if it is lost.
From the long-term daily chart, gold prices formed an accelerated upward channel after breaking through $2950.00. The recent high of $3167.60 is just at the upper track of the channel. This trend of peaking and falling is in line with the classic channel trading theory.
Outlook
Bull Outlook: If the US inflation data exceeds expectations, the market's expectations for a more aggressive rate cut by the Federal Reserve will be further strengthened, and gold prices are expected to re-challenge the high of $3167.60 after a correction. Technically, gold prices need to return to above $3055.00 to reactivate upward momentum. The widening of the Bollinger Band width indicates that volatility is increasing, which provides potential trading opportunities for bulls.
Bear Outlook: In the short term, the downward divergence of the upper track of the Bollinger Band indicates that gold prices may face further corrections. The MACD histogram turned green and continued to expand, suggesting that downward momentum is accumulating. If the gold price falls below the key support of $2,971.31, it may trigger a deeper adjustment, and the next target will be $2,950.00 or even $2,920.00.
LONG ON NZD/USDNZD/USD has been oversold since last week.
It has finally given a change of character (choc) on the lower timeframe witching to bullish.
it is currently in the pullback/retracement phase of the new change.
With the dollar in a overall downtrend and getting ready to fall, this correlation should cause the NZD/USD pair to rise.
I have brought NZD/USD looking to make 200-300 pips this week.
EUR/USD Triangle Breakout (07.04.2025)The EUR/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle 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 – 1.0825
2nd Support – 1.0719
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4.7 Interpretation of gold short-term operation ideas! US market4.7 Interpretation of gold late trading operation ideas:
Falling more than 70 points in the morning, it quickly rebounded and reversed! How will gold evolve tonight?
This V-reversal market frequently appears in these three trading days. It is difficult for us to encounter it once or twice a month. This increases the risk of trading. Once you make a mistake, it will be a reversal of dozens of points! When trading, you must strictly use the "stop loss".
We note that the three V-reversals in this stage have common characteristics. The stop in the last trading intensive period means that "3130" can be used as a reference for stage support and pressure. Then these three are: 3130, 3050, 2970---2980
The decline caused by the backlog of sell orders and insufficient liquidity! For gold, it will cause multiple stimulations, panic selling, and funds leaving the market for a short time to avoid risks. Selling gold to fill the gap in other markets and many other factors, and the central banks around the world that intend to reserve gold will not wait! They will still buy strategically, so the trend determines that the decline is limited.
2880 and 2630 are the two main observation positions.
After the small-cycle funds rebounded in the morning, the market entered a triangular consolidation state, the highs were gradually decreasing, and the lows were flattening. This is an obvious sign of market wait-and-see sentiment. The probability of a V-reversal phase or a continuous unilateral trend in the evening increased! If you follow this logic, gold should be under pressure around 3035-3038 during the rebound phase of 16-18 points!
And then continue to fall. Of course, if the EU further expresses its tariffs! It may cause the short-term volatility of the market to intensify!
Any unilateral trend needs to be confirmed in the US market. In the evening, whether it is a V-reversal from north to south or a continuation of the Asian and European market, it is normal. The overall framework will not deviate from the framework of 3130, 3050, 2980!
We will update regularly every day to introduce to you how we manage active ideas and settings. Thank you for your likes, comments and attention. Thank you very much
DeGRAM | DXY continues to growDXY is in a descending channel between trend lines.
The price is moving from the lower boundary of the channel.
During the momentum corrections, the chart successfully maintained the structure and held the 50% retracement level.
We expect the upward movement in the channel to continue.
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DeGRAM | DXY dollar in the turbulence zoneDXY is in a descending channel under the trend lines.
The price is moving from the upper boundary of the channel.
After breaking the trend line, the chart went sharply lower amid the announcement of trade duties, after which it formed a gap.
On the main timeframes indicators have gone into the oversold zone.
We expect that the index will seek to close the gap after testing the lower boundary of the channel.
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DXY Bearish trend continues on SSL and Bearish ORDER BLOCKDXY is known for extreme liquidity grabs especially after Trump's tariff announcements. Until we see countries remove tariffs and companies changing factory locations DXY will still be week. A decent pullback this week?? Probably not, Next? Maybe STAY SHARP!!
Bitcoin Lost 50 SMA overnight, what next ? - still BULLISH.In a week where I am still expecting the beginnings of a bounce, we saw a Major Drop overnight.
This has pushed PA below the 50 SMA that I was hoping PA would bounce off, as it had previously.
So, Whats Next ?
It is not as bad as it may appear but CAUTION is a Very Very good idea.
There are a number of lines of support below and if we do not find any soon, 73K is the next line of Support. then down to 71K and ultimately, the long term line at 64K, though I still doubt we will get that low.
But FEAR is BIG...be a Vulture..Buy the remains of people Fear...Bitcoin IS a Scarce asset and people Still want it.
The Weekly MACD
The MACD is now in the bounce Zone. Yes, it may drop below neutral if this "Tariff Fear" continues. But Technically, We now have the ability to bounce once sentiment turns
On a slightly more bearish side is the fact that Histogram has dived deep and Red. The Bears are biting and has momentum
The RSI Relative Strength Index
Like the MACD, the RSI is now in an area where it has bounced in the past and yet, it can still drop further before we reach Neutral ( 30 line ) . It has to be said, the RSI is a bit behind the MACD in that it has a later date when it could reach Neutral. There is no guarantee that Neutral will hold RSI up....
Other Markets are struggling also
The DXY $ has had a sustained drop but is near an area of support. I am watching this closely.
Normaly, we see DXY and BTC move in opposite directions but we have seen both Recover at the same time, The lines between the teo are getting blurred.
GOLD - has been doing well for some omnths
However, in th elast 2 weeks, Gold has been selling off also and saw a steep drop towards the end of last week. Will be very interesting to see where this goes this week
The fact that Gold was selling, shows that investors were comfortable to leave a safe haven.
Lets see if that changes this weel
Conclusion for BITCOIN HOLDERS
This could all sound a little scary for Bitcoin and it should be taken as a HUGE Warning that we Lost the 50 SMA Support. This does open up the possibility of further drops and it may well happen
We are currently heading towards major support at 73K
This is an area I said we could hit a few weeks back and so I am not in a bad state of mind just yet.
If we Loose 71K, I will get uncomfortable.
The Lower timeframes are very much heading to OVERSOLD and so we shold get some support here and then we wait to see if Fear takes hold further.
This week, we Get the FOMC minutes and then Inflation data coming out of the USA
Thsi could Tip the balance either way, depending on the data
For me, I am NOT Selling Just yet.
I imagine many Short term holders will be and these coins will be snapped back up
We wait to see how today plays out
BUY THE DIP
Golden Horizons on the PrecipiceGold on the Brink of a Downturn: A Shift in Market Sentiment
Gold, once a shining symbol of financial security and prosperity, now finds itself on the cusp of a significant bearish turn. The precious metal, which has long been a safe haven for investors during times of economic uncertainty, is entering a new phase that could see its value dwindle in the face of shifting global financial conditions.
The Russian central bank, historically one of the major players in the gold market, is currently at the forefront of this market retreat. By liquidating a significant portion of its gold reserves, Russia is not just participating in the market shift, but may be sending a signal to other nations and financial institutions. Their decision to sell is not an isolated move; it could well be the beginning of a broader trend.
As the Russian central bank offloads its holdings, it's highly probable that other central banks, which have long viewed gold as an essential asset for economic stability, may soon follow suit. These institutions, often holding vast quantities of the precious metal, could begin liquidating their reserves in an effort to take advantage of the currently elevated prices. The global economic landscape is constantly in flux, and with many countries facing mounting fiscal pressures, the temptation to cash in on gold's recent price surge could become too great to resist.
Hedge funds and private investors, always looking for opportunities to capitalize on price movements, may also jump on the bandwagon. They have the flexibility and agility to react swiftly to market shifts, and with a growing consensus that gold may have reached its peak, it would not be surprising if they decide to sell off their positions in the metal. With such a large portion of the market potentially pulling away from gold, the selling pressure could intensify, leading to a sharp drop in prices.
If this trend gains momentum, we could witness a rapid and dramatic decline in gold’s value. The metal, which has been the go-to asset for many investors during times of economic uncertainty, could soon lose its appeal as a safe haven. The factors driving this potential downturn are multifaceted, ranging from shifting monetary policies and global inflationary pressures to geopolitical tensions and central bank strategies.
The impact of this market shift could be far-reaching. Not only would it affect the price of gold, but it could also send shockwaves through the broader commodities and financial markets. If the sell-off gathers pace, it could have a cascading effect, causing investors to rethink their positions in other assets traditionally viewed as safe havens, such as silver or even government bonds.
The question on many investors’ minds is whether this bearish trend is a temporary correction or the beginning of a longer-term downturn. Only time will tell, but one thing is certain: the dynamics of the gold market are shifting, and the once steady climb of the metal may now be facing a downward spiral.
For those who are closely following the market, it is essential to stay updated on the latest developments. A deeper analysis of the factors driving this potential gold sell-off and the broader market implications can offer valuable insights into the direction of this volatile asset.
As we continue to monitor the situation, I encourage you to stay informed and consider how these developments could impact your own investments. While gold may still hold value in the eyes of many, its future trajectory is now uncertain, and the risk of significant price fluctuations looms large.
Thank you for your attention, and I wish you the best of luck navigating these turbulent financial waters!