Gold reverses sharply after Trump's tax announcementThe world gold price has reversed sharply because the global market has just received information last night (Hanoi time) that US President Donald Trump has just signed an executive order to impose taxes on all goods imported into the US, many countries will have to pay high taxes of up to tens of percent.
Specifically, the UK, Brazil, Singapore will be subject to a 10% tax. The European Union, Malaysia, Japan, South Korea, and India will be subject to 20-26%. China, Thailand, and Vietnam are among the countries subject to the highest tax rates, at 34%, 36%, and 46%, respectively. The highest is Cambodia, which will be subject to a tax rate of up to 49%. This tax rate will be applied from April 9. In addition, Mr. Trump said that a 10% import tax will be applied to all goods imported into the US from April 5.
Mr. Trump said that every year the US loses 1,200 billion USD due to the trade deficit due to 3,000 billion USD of imported goods.
After this information, the global financial market was shaken, in which the US stock market had a strong decline, losing from more than 1% to more than 2%. On the contrary, gold - an asset that ensures capital safety in case of risk - has benefited from a strong increase in price.
Many experts commented that the Trump government's tariff policy has increased global trade tensions. Previously, the US imposed tariffs on some goods from Canada, Europe and China, aluminum and steel. These countries have responded to the tariffs on the US.
Trading
GBPJPY Will Grow! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 193.194.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 197.049 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
CAD/JPY SHORT FROM RESISTANCE
CAD/JPY SIGNAL
Trade Direction: short
Entry Level: 104.075
Target Level: 101.220
Stop Loss: 105.968
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBP/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are targeting the 1.851 level area with our short trade on GBP/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/NZD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2.264 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZDJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for NZDJPY is below:
The price is coiling around a solid key level - 85.141
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 86.026
My Stop Loss - 85.089
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
AUD_NZD SWING LONG|
✅AUD_NZD is about to retest a key structure level of 1.0750
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ADA Spot Trade Setup – Support Level OpportunityCardano (ADA) is currently sitting at a key support zone, presenting a solid risk-to-reward long opportunity if bulls can hold the level.
🛠 Trade Plan:
Entry: $0.63 – $0.70
Take Profit Targets:
$0.78 – $0.84 (First Target)
$0.96 – $1.02 (Extended Target)
Stop Loss: Just below $0.58
Nintendo Co., Ltd. (NTDOY) – Powering Up for the Next Level Company Snapshot:
Nintendo OTC:NTDOY continues to dominate global entertainment with iconic franchises, cross-platform expansion, and the highly anticipated Switch 2 in 2025.
Key Catalysts:
Switch 2 Launch in 2025 🚀
150M+ Switch units sold → massive installed base
Backward compatibility + hardware upgrades could drive a super-cycle in hardware/software sales.
Franchise Diversification 💡
Digital Pokémon card game gaining momentum → strong in-app revenue potential
The Super Mario Bros. Movie surpassed SEED_TVCODER77_ETHBTCDATA:1B + in global box office 🍿
Expanding theme park partnerships (Universal Studios) enhance recurring brand engagement
Multi-Channel Monetization 📱🎢
Transitioning beyond consoles: movies, mobile, merchandise, and theme parks
Reinforces IP value and opens new revenue verticals
Investment Outlook:
✅ Bullish Above: $15.50–$16.00
🚀 Upside Target: $27.00–$28.00
📈 Growth Drivers: Switch 2 super-cycle, diversified IP monetization, and brand strength
🍄 Nintendo – Not just gaming, but a global entertainment powerhouse. #NTDOY #Switch2 #Nintendo
CHFJPY Will Go Down! Short!
Take a look at our analysis for CHFJPY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 171.221.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 169.475 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
DOW JONES INDEX (US30): Detailed Support & Resistance Analysis
Here is my latest structure analysis for US30 Index.
Resistance 1: 40650 - 40850 area
Resistance 2: 41150 - 41300 area
Resistance 3: 42550 - 42850 area
Support 1: 40000 - 40250 area
Support 2: 39470 - 39650 area
Support 3: 38400 - 38650 area
Consider these structures for pullback/breakout trading.
❤️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.
NZD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 84.794 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPCAD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The price is coiling around a solid key level - 1.8475
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.8526
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
USDCHF Will Go Down! Short!
Here is our detailed technical review for USDCHF.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.884.
The above observations make me that the market will inevitably achieve 0.881 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
DXY Will Go Lower From Resistance! Sell!
Take a look at our analysis for DXY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 104.207.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 102.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUD/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 93.929 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBP/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
It makes sense for us to go long on GBP/AUD right now from the support line below with the target of 2.061 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Nightly $SPY / $SPX Scenarios for April 3, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📈 President Trump's 'Liberation Day' Tariffs Implemented: On April 2, President Donald Trump announced a series of new tariffs, referred to as "Liberation Day" tariffs, aiming to address trade imbalances. These include a baseline 10% tariff on all imports, with higher rates for specific countries: 34% on Chinese goods, 20% on European Union products, and 25% on all foreign-made automobiles. The administration asserts these measures will revitalize domestic industries, though critics warn of potential price increases for consumers and possible retaliatory actions from affected nations.
📊 Key Data Releases 📊
📅 Thursday, April 3:
📉 Initial Jobless Claims (8:30 AM ET):
Forecast: 225,000
Previous: 224,000
Measures the number of individuals filing for unemployment benefits for the first time during the past week, providing insight into the labor market's health.
📈 Trade Balance (8:30 AM ET):
Forecast: -$76.0 billion
Previous: -$131.4 billion
Indicates the difference in value between imported and exported goods and services, reflecting the nation's trade activity.
🏢 ISM Services PMI (10:00 AM ET):
Forecast: 53.0
Previous: 53.5
Assesses the performance of the services sector; a reading above 50 suggests expansion.
⚠️ 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
EUR_CHF BULLISH BREAKOUT|LONG|
✅EUR_CHF is going up now
And the pair made a bullish
Breakout of the key level
Of 0.9570 which is now a support
And the breakout is confirmed
So we are bullish biased
And after the pullback
We will be expecting a
Further bullish move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP-USD Risky Short! Sell!
Hello,Traders!
GBP-USD is growing now
But a horizontal resistance
Level of 1.3000 from where
We will be expecting a local
Pullback and a local move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.