Nasdaq market analysis: 03-APRIL-2025Good morning Dear Traders! Join me for Nasdaq market analysis for the today. Share your charts, ask questions, and let's discuss trading strategies.
Multiple Time Frame Analysis
Gold trading zones: 03-APRIL-2025Today's Gold trading zones: For educational purposes only. Use at your own risk.
Momentum Turns Against the ASXThe rally of the past two week on the ASX took a turn for the worse on Wednesday, on the warning (and official announcement) of Trump's 25% tariff on non-US cars.
This has seen the ASX get caught in the negative sentiment on Wall Street.
The daily chart shows that momentum has turned lower around a resistance cluster, including the December low, 38.2% Fibonacci ration and 20-day EMA. The daily RSI (2) reached a highly overbought level on Wednesday and now sits below 50, and the RSIK (14) has remained beneath 50 to show negative momentum overall.
A bearish divergence also formed on the 4-hour RSI ahead of the selloff.
The bias is for a move down to at least the 7930 area, a break beneath which brings the lows around 7850 into focus.
Matt Simpson, Market Analyst at City Index and Forex.com
EURGBP 02/04/2025Weekly:
-S&D zone.
-Previous week high taken.
Daily:
-Bearish W pattern.
-Liquidity Sweep.
4H:
-Bearish W pattern.
-H&S pattern.
-IC.
Long trade
Pair GC1!
Buyside trade
NY Session PM
Thu 3rd April 25
7.00 pm approx.
Entry 3175.7
Profit level 3196.6 (0.66%)
Stop level 3173.6 (0.07%) RR 9.95
Reason: Observing price action on the 1min TF seemed indicative of a buyside trade based on the narrative of of demand and demand for directional bias. Entry 1min TF
1min TF overview
GBPCAD 02/04/2025Weekly:
-Higher low formation.
-FVG.
Daily:
-Inverse H&S pattern.
-IC.
4H:
-Liquidity sweep.
-FVG.
-Inverse H&S pattern.
Tsla Lesson Tesla Stock Always Pay YOURSELFI say this time and time again and this is a PRIME EXAMPLE SO FAR.
🌍Now I suggested THAT IF YOU WERE A TESLA BULL that you might want to start to PAY ATTENTION TO THE STOCK TWO WEEKS AGO.
❓️"OK SO WHAT'S THE LESSON"❓️
I emphasise ALWAYS that TIME TRUMPS PRICE...
TESLA has been rather docile since its initial POP.
But take a look at the HIGHER TIMEFRAME WEEKLY CHART❗️
Whats clear to see is that although the PRICE RANGE hasn't been MASSIVE there has been plenty OF ⏳️TIME TO CAPITALISE AND PAY YOURSELF. £$€¥ 💰
Two 📈HIGHER CLOSES ON THE WEEKLY and the call made whilst the weekly looked EXTREMELY BEARISH📉
EVEN RIGHT NOW we are currently UP ON THE WEEK UNTIL NOW.
ℹ️ If you WERE UNABLE to STRUCTURE A TRADE TO TAKE advantage of this PRICE RANGE whilst DAY TRADING you may need to LOOK BACK and STUDY WHY NOT.
⚠️You could have paid yourself several times over already and even if TESLA was to seek lower prices from here you SHOULD HAVE BACKED SOMETHING ALREADY.
✅️AS ALWAYS TRADE YOUR PLAN & WAIT FOR YOU SIGNAL✅️
NIFTY weak below 23400As we can see NIFTY did try closing itself above our zone but failed and hence unless it closes above the supply zone every rise could be sold as the previously acting demand zone could now act as a strong supply zone which could show another rejection and continuation of downtrend so plan your trades accordingly and keep watching
NZDUSD SHORTMarket structure bearish on HTFs 3
entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Daily Structure Point
Around Psychological Level 0.57000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.01
Entry 105
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPCAD SHORTMarket structure bearish on HTFs DH
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 1.85500
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.03
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
CAD/JPY For Bearishyou can go short now
or
wait for pull-back near by entry point and then go short
general trend is up trend
current phase is pull-back
have fun :)
EUR/CAD For Bullishyou can go long now
or
wait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
AUD/USD For Bullishyou can go long now
or
wait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
AUD/CAD For Bullishyou can go long now
or
wait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
AUD/CHF For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
NZD/USD For Bullishwait for pull-back near by entry point and the go long
general trend is up trend
have fun :)
NZD/CAD For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
NZD/CHF For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
XAU/USD 02 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Since last analysis price has continued extremely bullish. This is most likely due to market jitters caused by Trump's tariff policy which is driving up the price of gold.
This solidifies gold as a safe haven asset and could lead to repricing.
Price has printed a bearish CHoCH indicating, but not confirming bearish pullback phase initiation.
Price is now contained within an established internal structure. I will however continue to monitor price to evaluate depth of pullback.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ or H4 demand zone before targeting weak internal high priced at 3,149.090.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 01 April 2025
Since last analysis price has continued extremely bullish. This is most likely due to market jitters caused by the trump tariffs.
This solidifies gold as a safe haven asset and could lead to repricing.
You will note price has printed a bearish CHoCH which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor price.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or M15 demand zone before targeting weak internal high, priced at 3,149.090.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
NASDAQ INDEX (US100): Great Opportunity to Sell
NASDAQ Index formed a strong bearish pattern after a test of a key daily
resistance area.
I see a head & shoulders pattern on an hourly time frame
and a confirmed breakout of its horizontal neckline.
The index can continue decreasing.
Next support - 19240
❤️Please, support my work with like, thank you!❤️
SHORT ON AUD/NZDAUD/NZD has given a perfect setup for a sell.
I has bearish divergence as well as a rising channel/wedge into a Major Supply Area from the Higher TF.
We have also change structure from Up to Down on the Lower Timeframe.
I will be selling AUD/NZD to the pervious swing low / demand area for about 100 pips. OANDA:AUDNZD
