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NZDUSD - H4, H1 Forecast - Technical Analysis & Trading IdeasTechnical analysis is on the chart! No description needed! OANDA:NZDUSD __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
6
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading Ideas💡 OANDA:XAUUSD Daily Timeframe: As forecasted by 4CastMachine AI last week, gold started its decline when it hit the red channel line. This decline will continue, but the support area of ​​2955 could trigger a rebound. At the support area of ​​2955, the up trend line will also prevent further declines. If this area is broken, the price will decline to the support area of ​​2789.95. This area, which was previously a major resistance, will become a major support, creating a good buying opportunity. So, given the long-term uptrend, we can use this area as a long-term BUY ZONE. 💡 TVC:GOLD H4 Timeframe: The price is in a Corrective wave. Given the break of the ascending trend line in the RSI, the corrective wave is expected to continue to a depth of 2955. 💡 H1 Timeframe: A Head and Shoulder Reversal Pattern has formed and the neckline has also been broken. Price is touching the neckline again. It is very likely that the downward wave will start from this area. 3027.83 support is broken now. It will act as a Resistance now! Forecast: Correction wave toward the Sell Zone Another Downward Impulse wave toward Lower TPs __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
FX:XAUUSD
by ForecastCity
16
USD/JPY Trend Today - Unfavorable for JPY🔔🔔🔔 USD/JPY news: 👉Private sector activity in Japan deteriorated in March, as the composite PMI dropped from a six-month high of 52.0 in February to 48.5, signaling a renewed decline in business activity. The services PMI fell to a three-year low of 49.5 from 53.7 in February, while the manufacturing PMI declined to a multi-year low of 48.5 from 52.0 in the previous month. 👉Meanwhile, Japan’s Finance Minister, Katsunobu Kato, warned that "Japan has not yet overcome deflation." He noted that rising prices were primarily driven by a weak yen and high commodity costs rather than a cycle of wage growth and consumer demand. 👉The Bank of Japan (BoJ) is unlikely to tighten its policy significantly beyond current levels, which poses a downside risk for the JPY. Swap markets continue to indicate a rate hike of less than 50 basis points over the next twelve months. Personal analysis: 👉JPY is underperforming most major currencies, JPY is unlikely to gain traction over USD due to the impact of fundamental information. Therefore, in the short term, this pair will maintain its upward momentum 👉However, USD/JPY is approaching the strong resistance level of 151.00. Besides, RSI (1H) is entering the overbought zone, so there will be a technical pullback to create momentum for the main uptrend. 👉Analysis based on important resistance - support and Fibonacci levels combined with Pivot points and RSI to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell USD/JPY news: 151.00 - 151.10 ❌SL: 151.45 | ✅TP: 150.60 – 150.20 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
EUR/USD Trend in US Session Today - Maintain Downtrend🔔🔔🔔 EUR/USD news: 👉The EUR/USD exchange rate has fallen sharply as the euro came under pressure after ECB President Christine Lagarde's warning of economic risks to the eurozone from potential US tariffs. 👉Lagarde completed before the European Parliament's Economic and Monetary Affairs Committee during European trading hours on Thursday. She said that the 25% tariffs imposed by the United States on European imports, as threatened by US President Donald Trump, could reduce eurozone growth by around 0.3% in the first year, according to ECB analysis. The study also found that retaliatory tariffs from Europe could push that down to around 0.5%. 👉Concerns about weak economic growth in the eurozone are dampening the appeal of the euro, as they could force the ECB to make further rate cuts. 👉Meanwhile, the US Dollar Index (DXY) rose as the Federal Reserve showed no urgency in adjusting its monetary policy. The central bank keeps its benchmark interest rate in a range of 4.25% - 4.50%, despite uncertainty surrounding President Trump's policies. Personal analysis: 👉EUR/USD will continue to sell after these statements. Buying is risky at this time 👉DXY has increased for the third consecutive day and shows no signs of stopping, after the daily RSI entered the overbought zone and showed signs of increasing convergence, making EUR/USD more likely to fall. Plan: 🔆 Price Zone Setup: 👉Sell EUR/USD 1.0860 – 1.0870 ❌SL: 1.0905 | ✅TP: 1.0810 – 1.0760– 1.0710 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
2
EUR/USD Trend Today - Waiting for EUR and US PMIs🔔🔔🔔 EUR/USD news: 👉EUR/USD remains in positive territory near 1.0850 during the European session on Monday, rebounding from a three-day losing streak. Improving risk sentiment, driven by easing concerns over US reciprocal tariffs, has put pressure on the US Dollar and helped the pair stay firm despite mixed German PMI data. 👉The shift toward risk appetite has made it difficult for the US Dollar (USD) to extend last week’s gains, providing support for EUR/USD at the start of the week. 👉According to the Wall Street Journal, the White House is revising its tariff strategy set to take effect on April 2, potentially skipping industry-specific duties while imposing reciprocal tariffs on key US trading partners. Likewise, Bloomberg reports that President Donald Trump’s tariff measures are expected to be more precisely targeted than initially anticipated. Following these headlines, US stock futures rose between 0.8% and 1.0% during the European morning session. Personal analysis: 👉 The market’s reaction to the PMI data is likely to be brief and straightforward. Positive releases from Germany and/or the Eurozone could provide immediate support for the Euro. Conversely, if any of the key US PMI indices fall below 50, it could further weigh on the US Dollar. 👉Therefore, investors should keep an eye on the Economic Calendar, which will release the US PMI data on Monday afternoon. Plan: 🔆Price Zone Setup: 👉Sell EUR/USD news: 1.0900 – 1.0910 ❌SL: 1.0950| ✅TP: 1.0850 – 1.0805 1.0755 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
GBP/USD Trend Today - Further Upward?🔔🔔🔔 GBP/USD news: 👉GBP/USD continues its recovery momentum, holding onto daily gains near 1.2950 during the European session on Monday. Data from the UK revealed that private sector business activity expanded at a faster pace in March compared to February, providing support for the British Pound. 👉A weaker US Dollar (USD) at the start of the week is helping GBP/USD maintain its strength, as market sentiment improves amid easing concerns over aggressive US retaliatory tariffs. 👉Market participants will closely watch the March PMI data from the US later in the day. If the US composite PMI falls below 50, signaling a contraction in private sector activity, the Pound could see an immediate boost. Conversely, if the US PMI data comes in above 50, the USD may regain strength in the second half of the day. 👉Investors appear to believe that an economic slowdown in the US due to tariffs could force the Federal Reserve to resume its rate-cutting cycle sooner than expected. This, along with a positive tone in US stock futures, seems to be weakening the safe-haven US Dollar. Personal analysis: 👉GBP/USD will maintain its upward momentum in the short term, due to the short-term impacts negatively affecting the Dollar. 👉Technically, this pair has strong support from EMA and Fibonacci at 1.294, so it can be carefully considered in this area 👉Analysis based on Fibonacci combined with Pivot points and EMA to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy GBP/USD news: 1.2910 – 1.2900 ❌SL: 1.2870| ✅TP: 1.2950 – 1.2995 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
AUD/USD Trend Today - Bearish?🔔🔔🔔 AUD/USD news: 👉The AUD/USD pair is under significant selling pressure as weak Australian employment data fuels expectations of a dovish stance from the Reserve Bank of Australia (RBA). 👉Australia’s labor force contracts in February, while the unemployment rate remains steady at 4.1%. Meanwhile, both the Federal Reserve and the People's Bank of China (PBoC) kept interest rates unchanged on Wednesday and Thursday. The PBoC maintains its accommodative stance as Beijing aims to boost domestic consumption and revive the property sector. The Australian dollar has benefited from China's fiscal stimulus efforts, given Australia's heavy reliance on exports to China. 👉The US Dollar Index (DXY) edged higher above 104.00 as market volatility eased following the Federal Reserve’s monetary policy meeting on Wednesday. The Fed kept interest rates unchanged in the 4.25%-4.50% range for the second straight time, as expected, and reaffirmed its forecast for two rate cuts this year. 👉Additionally, initial jobless claims for the week ending March 14 came in at 223,000, roughly in line with estimates and previous reports. Personal analysis: 👉AUD/USD will maintain its downtrend in the coming time due to weak AUD data, consider technical zones for good profits 👉Technically, RSI (1H) is having a recovery phase after entering the oversold zone, watch for strong resistance zones to Sell. 👉Analysis based on important resistance - support and Fibonacci levels combined with SMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell AUD/USD 0.6320- 0.6330 ❌SL: 0.6355 | ✅TP: 0.6280 – 0.6250 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
NZD/USD Trend Today - Bearish?🔔🔔🔔 NZD/USD news: 👉New Zealand’s economy rebounded more strongly than expected. Real GDP grew by 0.7% quarter-over-quarter in Q4 (consensus: 0.4%, RBNZ forecast: 0.3%) following a -1.1% decline over the previous two quarters. Increased spending by international visitors boosted growth in tourism-related sectors such as rental, hiring, and real estate services, as well as retail and accommodation. 👉However, the Reserve Bank of New Zealand (RBNZ) has signaled an additional 75 basis points of easing over the next 12 months, which will bring the policy rate down to a low of 3.00%. This news has weighed on the NZD/USD pair, leading to underperformance amid risk-averse sentiment in the foreign exchange market. Personal analysis: 👉NZD/USD will continue to decline due to previous news, consider technical zones for good profit 👉Technically, RSI(1H) is entering the overbought zone and has a technical recovery phase to prepare for the next decline, watch for strong resistance zones to Sell. 👉Analysis based on resistance - support levels and pivot points combined with EMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell NZD/USD 0.5775- 0.5780 ❌SL: 0.5810 | ✅TP: 0.5735 – 0.5690 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
XAU/USD Trend Today - Short-term Bearish RecoveryGold prices pulled back on Thursday as bullish momentum eased following the Federal Reserve's (Fed) recent monetary policy decision and rising tensions in the Middle East. The XAU/USD pair is trading at $3,042, down by more than 0.19%. Market sentiment has shifted to the downside, while the US Dollar is rebounding, as reflected in the US Dollar Index (DXY), which measures the greenback's performance against a basket of six major currencies. Despite the Fed keeping interest rates steady at the 4.25%–4.50% range for the second consecutive meeting and announcing a slower pace of quantitative tightening (QT), gold traders were unable to push prices higher. Personal analysis: Gold is set for a short-term correction today after a series of gains, and bulls are pausing to monitor the next impetus that could boost gold prices. Daily RSI shows signs of decline after gold enters overbought zone 74 Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy Resistance zone: 3047 - 3056 - 3070 Support zone: 3025 - 3020 - 3002 Plan: 🔆Price Zone Setup: 👉Sell Gold 3057- 3059 ❌SL: 3063 | ✅TP: 3052 - 3047 - 3040 👉Sell Gold 3040- 3042(Scalping) ❌SL: 3047 | ✅TP: 3039 – 3036 – 3030 👉Buy Gold 3024- 3026 (Scalping) ❌SL: 3018 | ✅TP: 3029 – 3032 – 3037 👉Buy Gold 3003- 3000 ❌SL: 2996 | ✅TP: 3008 – 3013 – 3020 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
2
EUR/USD Trend Today - Testing 1.1000?🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair rebounds from the 1.0900 level during the European session on Tuesday. Market optimism surrounding the German vote on the fiscal plan and discussions between Trump and Putin counterbalance rising tensions in the Middle East and global trade, leading to a weaker US Dollar and supporting the currency pair. 👉While the Euro (EUR) faces pressure from additional tariffs imposed by US President Donald Trump on European Union goods, the US Dollar (USD) remains under pressure due to growing concerns over an economic slowdown in the United States. Additionally, hopes for a German fiscal agreement may help limit the pair’s downside. Personal opinion: 👉The daily momentum is bullish but shows signs of slowing while the RSI shows signs of falling from overbought conditions. 👉In addition, the DXY entered oversold territory and slowed at support, so a rebound for the DXY is likely. 👉However, EUR/USD main trend today will be uptrend, watch for price to decrease to buy at a good price for you Analysis: 👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy EUR/USD 1.0925 - 1.0910 ❌SL: 1.0890 | ✅TP: 1.0960 - 1.1010 - 1.1050 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Gold short term trend (30m time frame)Personal Analysis: 👉Because it is being sold off after failing to break above 3040 to maintain its strong upward momentum. It is currently moving sideways in the 3034-3040 zone. If there is any break, the nearest short-term support zone will be 3027 and further 3016 👉Based on trend lines and resistance - support levels to come up with suitable strategies Plan: 🔆 Price Zone Setup: 👉Sell Gold 3040 - 3042 ❌SL: 3046 | ✅TP: 3035 – 3030 - 3023 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
USD/JPY Trend Next Week - Continue Downtrend?🔔🔔🔔USD/JPY news: 🔆 Japan's largest labor union group, Rengo, secured an average wage increase of 5.46%, the highest since 1991, surpassing last year's initial figure of 5.28%. However, the raise fell short of expectations, as union members had sought a 6.09% increase. Given this outcome, the Bank of Japan is unlikely to tighten monetary policy beyond what the market has already priced in, which weighs on the yen. The swaps market continues to reflect expectations of less than 50 basis points of rate hikes over the next year. 🔆 On the other hand, the U.S. dollar remains under pressure following weak economic data, particularly the CPI and PPI reports, which have heightened concerns about a potential recession. This increases the likelihood that the Federal Reserve may cut interest rates sooner than previously expected at the end of the year. Additionally, growing uncertainty surrounding U.S. tax policies are adding further downside risks to the dollar. Personal opinion: 🔆USD/JPY will maintain a downtrend in the near future after the previous basic economic news. Unless there is good news for the Dollar, then we will consider the possibility of a bullish reversal 🔆 Technically, USD/JPY is hitting a strong resistance zone at SMA100 and Pivot points, so it is likely to continue to decline next week. 🔆Analysis based on important resistance - support levels and Pivot points combined with SMA to come up with a suitable strategy Resistance zone: 148.70 - 149.10 - 150.00 Support zone: 148.12 - 147.61 - 146.73 Plan: 🔆Price Zone Setup: 👉Buy USD/JPY 148.70 – 148.80 ❌SL: 149.15 | ✅TP: 148.20 – 147.70 – 146.80 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
6
USD/JPY double top pattern appears - sharp decline?🔔🔔🔔 USD/JPY news: ➡️The USD/JPY pair reached a two-week high of around 149.93 during the Asian session on Tuesday as renewed geopolitical concerns in the Middle East boosted demand for the safe-haven US dollar. However, further gains appear uncertain due to diverging expectations between the Bank of Japan (BoJ) and the Federal Reserve, as well as rising trade tensions. ➡️On Wednesday, the BoJ is widely anticipated to maintain its current interest rates. Inflationary momentum in Japan remains strong, especially after major corporations agreed to meet their unions' substantial wage demands last week. The extent to which this trend extends to smaller businesses in the coming months will be crucial in determining the potential for future rate hikes. Personal opinion: ➡️This could be a corrective rally to gain momentum for a further strong downtrend. The BOJ's policy is expected to raise the policy rate while the Fed is expected to keep the federal funds rate unchanged. ➡️The double bottom pattern is gradually forming and so the downtrend is still there Analysis: ➡️Based on price action combined with resistance - support levels and EMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell USD/JPY 149.50 – 149.65 ❌SL: 150.00 | ✅TP: 149.00 – 148.60 – 148.10 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
Is there a short-term pullback in EUR/USD?🔔🔔🔔 EUR/USD news: 👉EUR/USD traded below 1.090 in early Thursday morning in Europe. Escalating US-EU trade tensions weighed on risk sentiment and the pair, providing some support to the US dollar amid cooling US inflation 👉 Although EUR/USD has maintained its bullish momentum, the price chart in recent days has not been as strong as before, signaling that the market's buying power may weaken in the short term Personal opinion: 👉RSI (4H) clearly shows divergence and breaks the uptrend line, signaling a possible short-term downtrend for the pair. Check out the support resistance levels to buy at the best price Analysis: 👉Based on important support resistance and SMA levels combined with trend lines to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy EUR/USD 1.0870 – 1.0885 ❌SL: 1.0920 | ✅TP: 1.0820 – 1.0780– 1.0720 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
5
USD/CHF falls after disappointing CPI news🔔🔔🔔 USD/CHF news: 👉USD/CHF is in a sustained downtrend after breaking below key dynamic support levels such as the 100- and 200-day SMA. In addition, the pair has been making a series of consecutive lower highs and lower lows, suggesting that sellers may be taking control. 👉Disappointing US CPI data and previous weak news have added to the weakness of the US Dollar. Personal opinion: 👉USD/CHF is likely to continue its bearish momentum in the near term. 👉However, DXY is recovering to the upside for the second consecutive day. RSI (1D) shows signs of increasing again after entering the oversold zone 👉Consider Sell at the retest zone of 0.8850 because this is a strong resistance area and safer Analysis: 👉Based on the resistance - support levels and Pivot points combined with SMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell USD/CHF 0.8855 – 0.8870 ❌SL: 0.8900 | ✅TP: 0.8810 – 0.8765 – 0.8720 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
MSTR - MicroStrategy : Long Strategy This stock Microstrategy Inc is showing some good recovery price action here on the 1Hr chart. It is a triple bottom and this is strong market structure, typical of a reversal sequence The neckline is about 314 which will soon be taken. The chart has a very popular indicator FBB, Fibonacci Bollinger Bands. The middle line is derived from volume moving averages. It is also bullish on the daily and weekly. Fundamentals are good, I did hear they burnt through stacks of cash but this was for inventories. Future is bright for this techy and its these companies, Nvidia, Apple, Google etc that lead the markets bullish out of corrections.
EIGHTCAP:MSTRLong
by Easy_Explosive_Trading
EUR/USDd Trend This Week – Bearish?🔔🔔🔔 EUR/USD news: 👉The US Dollar (Greenback) strengthens as President Donald Trump's steel and aluminum tariffs take effect on Wednesday. The White House confirmed that a 25% tariff on all imported steel and aluminum will be implemented as planned, affecting key US allies and top suppliers, including Canada and Mexico. 👉Additionally, increasing speculation that the European Central Bank (ECB) will cut interest rates twice more by summer could put pressure on the Euro against the USD. Traders have already factored in two additional rate cuts, driven by strong confidence that Eurozone inflation will steadily return to the 2% target this year. Personal opinion: 👉DXY bounces sharply after falling to a multi-week low 👉EUR/USD RSI (4H) shows signs of divergence 👉Europe is caught in a trade war with the US despite the two sides being trade allies, which will weaken the EUR more than the USD ➡️➡️➡️Indicating the possibility that EUR/USD will decline in the near future Analysis: 👉Based on important resistance - support levels combined with pivot points standard and SMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell EUR/USD 1.1000 - 1.1010 ❌SL: 1.1050 | ✅TP: 1.0940 - 1.0880 - 1.0800 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
AUD/USD Upcoming Trend – Bearish🔔🔔 AUD/USD news: 👉The AUD/USD pair experienced a sharp decline to around 0.6280 during North American trading hours on Thursday. The Australian Dollar faced significant selling pressure as the US Dollar strengthened amid a cautious market atmosphere. Investors shifted towards safe-haven assets due to concerns that US President Donald Trump’s "America First" policies could lead to a global economic slowdown. 👉The US Dollar Index (DXY), which measures the Greenback’s value against six major currencies, surged to nearly 104.00, rebounding from a four-month low of 103.20 recorded on Tuesday. 👉 Meanwhile, weak market sentiment has reduced the appeal of the Australian Dollar. The outlook for the Aussie remains uncertain, particularly after the US imposed 20% tariffs on China. Given Australia’s heavy reliance on exports to China, the AUD often reflects the state of the Chinese economy. Personal opinion: 👉In the current risky environment, AUD is not a good choice for investors, so AUD/USD will decrease in the near future Analysis 👉Technically, RSI (1H) is still in the sell zone. The 3 SMA lines are showing signs of converging at 1 point, signaling a strong momentum is about to happen. The price has broken down from the trend line. All of this leads to the possibility that the price will decrease in the near future 🔆 Resistance level: 0.6330 0.6355 🔆 Support level: 0.6284 0.6200 Plan: 🔆 Price Zone Setup: 👉Sell AUD/USD 0.6290 – 0.6300 ❌SL: 0.6340 | ✅TP: 0.6250 – 0.6205 – 0.6160 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
USD/CAD Trend in US Session Today🔔🔔🔔 USD/CAD news: 👉DXY is currently at 103.4, its lowest since November 5, 2024. A break of this level could see DXY fall further. The pair has been losing ground as the US dollar struggles amid concerns that tariff uncertainty could push the US economy into recession. 👉The RSI (1H) is currently entering extreme overbought territory and shows no signs of stopping. 👉The US 10-year bond yield is also down 0.21%, further weighing on the US dollar. 👉On the other hand, CIBC analysts expect the Canadian central bank to cut 25 bps on Wednesday, lowering its benchmark rate to 2.75%, with more cuts to follow this year if trade uncertainty persists. The rising bets of further BoC rate reductions could undermine the CAD and help limit the pair’s losses. Personal opinion: 👉DXY's RSI (1H) enters the overbought zone, so watch this area closely. Moreover, 103.3 is a strong support zone, so there may be signs of a reversal in the short term Analysis: 👉Based on important resistance - support levels and Fibonacci combined with trend lines to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy USD/CAD 1.4410 - 1.4400 ❌SL: 1.4370 | ✅TP: 1.4450 - 1.4490 - 1.4550 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
USD/JPY Upcoming Trend – Will It Continue Falling?🔔🔔🔔 USD/JPY news: 👉The Japanese Yen (JPY) maintains its upward momentum against a broadly weaker US Dollar (USD) during the early European session on Monday, driven by expectations of further interest rate hikes from the BoJ. Market participants are increasingly convinced that the BoJ will tighten its policy again, a sentiment reinforced by data released earlier today showing a 1.8% decline in real cash earnings due to persistent inflation. Additionally, strong wage growth from last year is expected to continue, further supporting the case for policy tightening. This has led to rising Japanese government bond (JGB) yields, narrowing the rate gap between Japan and other economies, which in turn strengthens the JPY. 👉Meanwhile, lingering concerns over the potential economic impact of US President Donald Trump's trade policies and a possible global trade war continue to boost the JPY's appeal as a safe-haven asset. 👉On the other hand, the USD remains under pressure, hovering near its lowest level since November, following Friday's weaker US jobs report. The disappointing data has fueled speculation that the Federal Reserve (Fed) will implement multiple rate cuts this year, further weakening the USD and weighing on the USD/JPY pair. Given this backdrop, the overall market sentiment favors JPY bulls, suggesting that the currency pair is likely to trend lower in the near term. Personal opinion: 👉USD/JPY will continue to decline after disappointing economic data for the USD 👉Technically, in the short term, the USD is recovering slightly when it touches a strong support level - the lowest level since November 5, 2024. However, this upward recovery will not last long. Analysis: 👉Based on important resistance - support zones combined with trend lines and SMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell USD/JPY 147.40 - 147.50 ❌SL: 147.90 | ✅TP: 147.00 – 146.60 – 146.20 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
2
USD/CHF Trading Trend Today - Is the Downtrend Continuing?🔔🔔🔔 USD/CHF news: 👉The February labor market report in the US closely matched expectations, with job growth reaching 151K (forecast: +160K, previous: +143K). Despite the recent layoff of 30,000 public sector workers and a decline in labor supply due to stricter immigration policies set for this summer, employment gains remain solid. The unemployment rate inched up to 4.1% in February from 4.0% in January. Overall, the report did not indicate immediate risks of recession or economic overheating, although other indicators have recently suggested a gradual softening of the US economy. 👉On the geopolitical front, Trump has proposed the possibility of imposing significant new US sanctions and tariffs on Russia to push for peace negotiations regarding Ukraine. Meanwhile, US and Ukrainian officials are set to meet in Saudi Arabia this week, with hopes that these discussions will yield better results than President Zelenskyy's recent visit to the White House, which led to the US halting military aid and intelligence support for Kyiv. Personal opinion: 👉In the long term, President Trump's tariff policy still poses many risks and has a negative impact on the USD 👉Technically, the RSI indicator in most frames has entered the oversold zone and is showing signs of convergence. This signals a short-term upward correction for this currency pair 👉At the same time, DXY is also recovering in an upward direction after meeting a strong support level today Analysis: 👉Based on SMA and important resistance - support levels combined with pivot points standard to come up with a suitable strategy 🔆 Price Zone Setup: 👉Sell USD/CHF 0.8860 - 0.8870 ❌SL: 0.8905 | ✅TP: 0.8820 - 0.8780 - 0.8740 - 0.8700 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
btc buy shortterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle