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Nightly $SPY / $SPX Scenarios for May 1, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 1, 2025 🔮 🌍 Market-Moving News 🌍 🇺🇸 Q1 GDP Contraction Raises Recession Fears The U.S. economy shrank for the first time in three years, down 0.3% in Q1. Weaker government spending and a rise in imports ahead of Trump’s tariff policies are weighing on growth outlook. 📈 Big Tech Lifts the Market Strong earnings from Microsoft ( NASDAQ:MSFT ) and Meta ( NASDAQ:META ) have boosted sentiment. Meta’s revenue guidance and capex surge point to aggressive growth positioning in AI and infrastructure. 🏛️ Treasury Refunding Outlook in Focus Markets are watching the quarterly refunding announcement for clues on upcoming bond issuance. This could influence rate volatility as the Treasury balances deficits and market demand. 🌐 Risk-On Mood Despite Macro Headwinds Global stocks notched a 4-week high as traders bet on resilient earnings and central bank policy steadiness, even as U.S. macro data softens. 📊 Key Data Releases 📊 📅 Thursday, May 1: 📈 Initial Jobless Claims (8:30 AM ET) Tracks new unemployment filings – a key gauge of near-term labor market stress. 📈 Continuing Jobless Claims (8:30 AM ET) Measures ongoing unemployment benefit recipients, reflecting persistent joblessness. 🏗️ Construction Spending (10:00 AM ET) Reports monthly change in total construction outlays — a direct measure of real economy investment. 🏭 ISM Manufacturing PMI (10:00 AM ET) Provides a snapshot of U.S. factory activity. Readings below 50 suggest contraction. ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
TradeCityPro | ENSUSDT Huge Breakout Coming? 👋 Welcome to TradeCityPro Channel! Let’s dive in and analyze one of the DeFi coins, ENS, together. It’s been performing well recently and has some exciting news! 🌐 Bitcoin Overview Before starting the analysis, I want to remind you that, as per your request, we’ve moved the Bitcoin analysis from the main section to a separate daily analysis. This allows us to discuss Bitcoin’s status in more detail and analyze its charts and dominance together. This is the general analysis of Bitcoin dominance, which we promised to cover separately and analyze in longer timeframes. 📊 Weekly Timeframe In the weekly timeframe, ENS is one of the bullish coins in the market with a promising outlook. It began its main upward movement before the start of 2025, back in late 2023. After breaking the 9.99 level, we entered the main uptrend, and we can say that we broke the market cap ceiling, achieving a new ATH market cap. We’re also riding a bullish curved line that acts as support. If this line is broken, it signals a weakening of the main uptrend. A drop below 15.90 would indicate a trend change in the MWC (Market Wide Correction). Currently, our key weekly support has shifted. We were supported at 13.15, easily moving past this level. Our spot exit trigger is now 13.15, whereas last week it was 15.90. 📈 Daily Timeframe In the daily timeframe, after a rejection from the ATH at 47.68, we entered a range box between 30.75 and 37.77. After some weak movements toward resistance, we saw a corrective wave. Following a daily engulfing candle that covered the previous three candles, we experienced a sharp downward wave to 13.49. After that, seller pressure seemed to fade, and buyers stepped in. After a fake breakout at 13.49, we saw a move up to 18.41. Additionally, the trendline formed during the recent declines in this chart was broken after the support at 13.49. However, since the trigger hasn’t been activated yet, we’re not acting on this trendline for now. But if 18.41 is broken, you could consider a risky spot buy. ✍️ Final Thoughts Stay level-headed, trade with precision, and let’s capitalize on the market’s top opportunities! This is our analysis, not financial advice always do your own research. What do you think? Share your ideas below and pass this along to friends! ❤️
Long
by tradecitypro
3
ETH ANALYSIS🔮 #ETH Analysis  🚀🚀 💲💲 #ETH is trading between support and resistance area. There is a potential rejection again from its resistance zone and pullback from trendline. If #ETH sustains above major resistance area then we will a bullish move till its major resistance area 💸Current Price -- $1,755 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #ETH  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
2
Gold Regains Momentum Key Trading Setups Ahead of Volatile Week📌 Gold Regains Momentum – Key Trading Setups Ahead of Volatile Week 🔥📊 📈 Technical Overview Gold (XAU/USD) started the week with a strong recovery after last week’s sharp drop. Price is currently stabilizing near the major support zone around 3,274 – 3,292, forming a fresh consolidation range that could lead to a bullish continuation — if key support holds. Last week’s weaker-than-expected US employment data weakened the Dollar Index (DXY), supporting a rebound in gold. However, the market remains cautious ahead of today’s ADP Non-Farm Employment release, which could serve as a directional catalyst. So far, gold is trading sideways, with mild corrective pullbacks, waiting for clear confirmation from upcoming data. 🔍 Key Support & Resistance Levels Resistance: 3,336 – 3,352 – 3,357 – 3,366 Support: 3,305 – 3,292 – 3,274 🎯 Trade Setups for Today 🔵 BUY ZONE Entry: 3,274 – 3,276 SL: 3,270 TP: 3,284 → 3,291 → 3,301 → 3,336 📝 A deeper dip into the 3,274 area could offer another long opportunity, but confirmation is key before entering. 🔴 SELL ZONE 1 Entry: 3,350 – 3,352 SL: 3,356 TP: 3,346 → 3,342 → 3,338 → 3,334 → 3,330 → 3,320 📝 Watch for rejection near 3,350. If price fails to break above, this zone could offer a solid intraday short. 🔴 SELL ZONE 2 Entry: 3,366 – 3,368 SL: 3,372 TP: 3,362 → 3,358 → 3,354 → 3,350 → 3,345 → 3,340 📝 If price is unable to hold above 3,366 resistance, look for sell opportunities targeting a drop back to 3,350 and below. ⚠️ Important Notes Today’s session may be volatile due to ADP Non-Farm Employment expectations. Geopolitical tension in Asia may also impact gold, so remain alert to surprise headlines. Apply strict SL/TP risk management as markets prepare for Friday’s NFP release. ✅ Conclusion We’re entering a pivotal session where gold is testing key zones just ahead of critical employment data. Use tight stops and clear confirmations for all trades. 🚨 Trade with discipline — stay patient, and be prepared for volatility. 💬 What’s your setup for today’s gold session? Watching for a breakout or fading the highs? Drop your view below! 👇👇👇
OANDA:XAUUSDLong
by MMFlowTrading
2
Microsoft in Focus Ahead of Key Earnings, AI Outlook Under WatchMacro: - Microsoft (MSFT) climbed on cautious optimism ahead of major earnings and economic data. - Four of the “Magnificent Seven,” AMZN, AAPL, META, and MSFT, are set to report, with investors focusing on Microsoft (MSFT) today. - Wall Street expects EPS of 3.22 USD and revenue of 68.44 B USD, both up YoY. Microsoft’s strength in AI, cloud, and enterprise software, along with its continued investment in AI talent and solid dividend history, makes this a closely watched report. - Key drivers will be its results, AI/cloud growth outlook, and forward guidance, while any surprises could shift the stock sharply. Technical: - MSFT recovered and tested the resistance at around 396, confluence with EMA78. The price is sideways, and we await a clearer breakout to determine the following direction. - If MSFT breaks above 396, the price may approach the following resistance at 405, confluence with the 100% Fibonancci Extension. - On the contrary, remaining below 396 may prompt a retest to the support at around 378, confluence with the broken descending channel. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
NASDAQ:MSFTLong
by DatTong
Gold in Focus: Tight Range Before Major US Data 🌐 Gold in Focus: Tight Range Before Major US Data – Time to Prepare for the Storm? Gold (XAU/USD) is currently trapped within a narrow consolidation zone, with traders across global markets awaiting critical economic events in the second half of this week. The bounce from the 3290–3270 support zones confirms strong buying interest, yet bulls seem cautious ahead of the ADP employment report today and the all-important Nonfarm Payrolls (NFP) on Friday. Despite dovish signs from recent labor data and declining US bond yields, gold has not been able to regain strong upward momentum. This hesitance is attributed to mixed market sentiment fueled by ongoing US-China trade negotiations, potential interest rate outlook shifts from the Fed, and end-of-month positioning across major asset classes. 💼 What’s happening behind the scenes? US 10Y yields dropped, signaling weaker inflation outlooks — usually bullish for gold. DXY remains fragile but still attracts safe-haven inflows amid global political tensions. Investors are cautious ahead of back-to-back economic events and might delay large trades until Friday. With a bank holiday looming in Asia and Europe tomorrow, liquidity could tighten and amplify volatility. Gold might continue trading in a compressed range between 3274–3357 until NFP injects a fresh directional impulse. 🔍 Technical Roadmap: 🔺 Resistance Levels to Monitor: 3328 3336 3352 3357 3366 🔻 Support Levels to Watch: 3305 3292 3274 📌 Trade Strategy (30m–1H timeframe bias) 🔵 BUY ZONE A 📍 Entry: 3292 – 3290 🎯 SL: 3287 🎯 TP: 3295 → 3300 → 3304 → 3308 → 3315 → 3320 🔵 BUY ZONE B 📍 Entry: 3275 – 3273 🎯 SL: 3268 🎯 TP: 3280 → 3284 → 3286 → 3290 → 3300 🔴 SELL ZONE A 📍 Entry: 3350 – 3352 🎯 SL: 3356 🎯 TP: 3345 → 3340 → 3336 → 3332 → 3320 🔴 SELL ZONE B 📍 Entry: 3365 – 3367 🎯 SL: 3371 🎯 TP: 3361 → 3357 → 3352 → 3347 → 3340 📣 Final Thoughts: We are in the "calm before the storm" phase. Price is coiling in tight ranges with declining volume and momentum. Today's ADP report could trigger intraday volatility, but major players may still remain on the sidelines until Friday's NFP. As it’s also the last day of the month, be alert for liquidity grabs and potential stop hunts. Stick to your risk management plan and avoid revenge trades in volatile setups. 🛡️ Stay patient. Trade smart. Let the market reveal the direction.
OANDA:XAUUSDLong
by MMFlowTrading
EURGBP Short SetupEURGBP Short Setup 4H Chart Trendline Breakdown and Retest Entry : 0.84944 Stop Loss : 0.86678 Take Profit : 0.83310 RR 1 to 1.9 Market broke below the ascending support and retested the underside of a broken trendline confluence. Bearish pressure is building as price fails to reclaim 0.85396 zone. Clean structure for continuation to the downside. Price is now respecting lower highs with momentum shifting beneath structure. This setup targets the previous demand zone near 0.833 region where price consolidated before the last impulse up. As long as price holds below 0.854 zone, bearish bias remains valid.
Short
by wolfchemist
#NIFTY Intraday Support and Resistance Levels - 30/04/2025Gap up opening expected in nifty near 24450 level. Currently nifty consolidating in the range of 24250-24500 level. After opening if nifty starts trading and sustain above 24500 level then possible strong upside rally towards the 24750+ level in today's session. 24250 level will act as a strong support for today's session. Any major downside only expected if nifty starts trading below 24200 level. This downside can goes upto 24000 level.
NSE:NIFTY
by TradZoo
Nightly $SPY / $SPX Scenarios for April 30, 2025 🔮 🌍 Market-Moving News 🌍 🇺🇸 Bessent's Trade Remarks Stir Markets Treasury Secretary Scott Bessent emphasized the U.S.'s readiness for a significant trade deal with China, suggesting potential easing of the ongoing tariff war. His comments have heightened investor anticipation for developments in U.S.-China trade relations. 📉 China's Factory Activity Contracts China's April manufacturing PMI is projected to fall below 50, indicating contraction, as recent U.S. tariffs impact production. This downturn raises concerns about global supply chain disruptions and economic slowdown. 💼 Major Earnings Reports on Deck Investors await earnings from key companies including Apple ( NASDAQ:AAPL ), Alphabet ( NASDAQ:GOOGL ), Meta Platforms ( NASDAQ:META ), Microsoft ( NASDAQ:MSFT ), and Amazon ( NASDAQ:AMZN ). These reports will provide insights into how tech giants are navigating current economic challenges.​ 🏛️ Treasury's Borrowing Plans Under Scrutiny The U.S. Treasury is set to release its quarterly refunding announcement, detailing borrowing plans amid economic uncertainties and the impact of recent tariffs. Market participants will closely analyze the guidance for implications on interest rates and fiscal policy. ​ 📊 Key Data Releases 📊 📅 Wednesday, April 30: 📈 Q1 GDP (8:30 AM ET) Forecast: 0.3% QoQ Previous: 2.4% Initial estimate of U.S. economic growth for Q1, reflecting the early impact of new trade policies. ​ 📈 ADP Employment Report (8:15 AM ET) Measures private sector employment changes, offering a preview of the official jobs report.​ 📈 Chicago PMI (9:45 AM ET) Assesses business conditions in the Chicago area, serving as an indicator of regional economic health.​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
AUDJPY: H4, H1 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart! No description needed! OANDA:AUDJPY ________________________________________________________________ ❤️ 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
Short
by ForecastCity
Gold Price in Key Compression Zone: Awaiting BreakoutThe 1-hour chart of XAU/USD (Gold Spot vs US Dollar) shows a clear symmetrical triangle formation, where the price has been compressing between a descending resistance zone (red) and a horizontal support zone (green). Here's a breakdown of the setup: Support Zone (~3040–3080 USD): This area has acted as a strong base multiple times, suggesting buyers are stepping in consistently at this level. Resistance Trendline (~3310–3320 USD): The price has repeatedly tested this descending resistance line but has failed to break above it so far. EMA Indicators: 50 EMA (black line): Currently acting as dynamic resistance. 200 EMA (blue line): Price is hovering around it, indicating indecision. Projected Breakout Scenarios: Upside Breakout: If price breaks above the resistance trendline, a sharp rally is projected towards the 3480–3520 USD zone. This move aligns with previous supply levels. Downside Breakout: If support fails, we could see a breakdown toward the 3040 USD region, with extended targets near 3080–3040 USD. Current Bias: The market is consolidating, and a breakout is imminent. Watch for volume and candle confirmation at either the resistance or support to determine the next major move. ================================================================ Disclosure: I am a participant in TradeNation's Influencer Program and receive a monthly fee for utilising their TradingView charts in my market analysis. =================================================================
TRADENATION:XAUUSD
by TradZoo
USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵 I see a very bearish price action on USDJPY: The price formed a head & shoulders pattern after a test of a key daily/intraday resistance and violated its neckline and a rising support of a rising wedge pattern. The next strong support is 141.75 It will most likely be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
Euro Under Mild Pressure Amid Policy Uncertainty and Weaker USD📌 EUR/USD Outlook: Euro Under Mild Pressure Amid Policy Uncertainty and Weaker US Dollar 📉 🌍 Fundamental Overview EUR/USD is trading cautiously around 1.1400, as market sentiment remains sensitive to developments in the US-China trade situation and broader monetary policy expectations. Despite recent USD weakness — where the greenback lost ground against all G10 currencies this April — the Euro is facing renewed selling pressure amid rising speculation about further ECB rate cuts. ECB policymakers, including Olli Rehn and François Villeroy de Galhau, highlighted the increasing risks of missing the 2% inflation target, reinforcing the need for more monetary easing if necessary. Meanwhile, mixed signals between Trump and Beijing over trade negotiations have kept uncertainty high, putting both USD and risk sentiment in flux. 📈 Key Economic Events to Watch US Data: JOLTS Job Openings Q1 GDP Preliminary ISM Manufacturing PMI ADP Employment Change Nonfarm Payrolls (NFP) Core PCE Price Index (March) Eurozone Data: Q1 GDP Preliminary April HICP Inflation Recent weaker-than-expected Spanish GDP (0.6% vs. forecast 0.7%) also adds pressure on the broader Eurozone outlook. 📊 Technical Outlook – EUR/USD Immediate Resistance: 1.1450 – 1.1475 Immediate Support: 1.1375 – 1.1340 The pair is now hovering near the 1.1400 psychological level, with slight bearish momentum: A break below 1.1375 could open the path towards 1.1340. On the upside, holding above 1.1400 and reclaiming 1.1450 would be needed to revive bullish momentum. The Dollar Index (DXY) remains trapped around 99.20, hinting at limited immediate USD strength but vulnerable to macro catalysts. 🧠 Trading Strategy Prefer short-term sell setups if EUR/USD fails to hold 1.1400 and breaks below 1.1375. Bullish setups are only valid if Price closes firmly above 1.1450, aiming towards 1.1475 resistance. ⚡ Traders should stay cautious ahead of major data this week, especially US NFP and Core PCE, which could redefine short-term Dollar strength. 💬 Are you watching for a deeper pullback or waiting for a bounce above 1.1450? Let’s discuss! 👇👇👇
Short
by MMFlowTrading
3
EURUSD: Bullish Price Action Confirmed?! 🇪🇺🇺🇸 Here is my latest price action analysis for EURUSD. The price completed a recent correction movement with quite an extended consolidation within a horizontal range and a symmetrical triangle. The violation of 2 intraday resistances with a bullish imbalance indicate a highly probable finalization of the accumulation. Probabilities are high that the pair is returning to a bullish trend now. Goal - 1.1478 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1