One of the strongest harmonic patterns detected on APD stock. Price target is at about $319.52.
Hi guys please find below our analysis over EUR/JPY 1. Technical Momentum EUR/JPY has recently broken above key resistance levels, suggesting bullish momentum. The pair is trending above its 50-day and 100-day moving averages, a signal of continued strength. RSI levels remain in bullish territory without being overbought, indicating room for further upside. 2. Diverging Monetary Policy The European Central Bank (ECB) remains cautious on policy easing despite market expectations, while the Bank of Japan (BoJ) continues its ultra-loose stance with only minimal steps toward normalization. This policy divergence has been a significant driver for EUR/JPY strength and is likely to persist in the near term. The BoJ’s slow exit from yield curve control and a historically dovish posture mean the yen remains weak relative to the euro, which benefits from steady economic resilience in the eurozone. 3. Improving Risk Sentiment Global equity markets have been rebounding, and risk sentiment is turning positive. In such environments, the yen—traditionally a safe-haven currency—tends to weaken as investors move capital toward higher-yielding assets like the euro. 4. Economic Stability in the Eurozone Recent Eurozone data, particularly out of Germany and France, has surprised to the upside. PMI figures and business confidence indices are beginning to recover, suggesting that the worst of the economic slowdown may be behind. This improves investor sentiment toward the euro. Conclusion - Due to the positive Fundamental news coming from the Eurozone gives us a positive indication to showcase growth potential in this pair. From a technical overview, the analysis is supported by the MACD and RSI giving positive indication of a Ascending Channel formulating. ? Trade Plan ? Entry: 162.115 ✅ Target 163.150 ❌ SL: 161.400
Price has now reached an ideal resistance zone, aligning with the 2024 summer top, where a bounce (wave B) is to complete itself. https://www.tradingview.com/x/4Z4y5uXg/ As long as price remains below the 425 level, I see the odds favoring another leg lower, targeting the macro support zone around 300–270. Thanks for your attention and best of luck with your trading!
It is clear that GOLD is in a very bullish trajectory, however before this peak, the pullback was very mild. I am suspecting we might be see a bigger pullback now My prediction is 3184 or maybe a bigger one 3056 What do you guys think?
As mentioned in my post yesterday (April 15, 2025), we have been eyeing the Nifty Futures resistance level at 23,460. Today, the price is approaching this level. Our Masters Cycle has confirmed a buy signal today, with a stop-loss set at 21,859. Now, how should we approach intraday trading for tomorrow (April 17, 2025)? As highlighted in yesterday’s update, our Future Candle Reversal Projection indicator has signaled a reversal day for April 17. Additionally, the Dynamic Candle Reversal indicator (note the small blue line plotted today) has confirmed an intraday bearish setup for tomorrow. Considering these signals, we will focus on intraday shorting opportunities for April 17. However, for positional trades, we continue to maintain a bullish bias. Disclaimer: The views shared here reflect my personal analysis and are intended for educational purposes only. Market conditions may differ in real-time. If you are a trader, please conduct your own research and analysis before making any trading decisions. Always ensure that you trade with a proper Stop-Loss in place.
Price was in a strong downtrend, however it seems that the accumulation phase has started, and with a double bottom printed alongside the bullish divergence, a bullish move is on the horizon. Wait for the break of previous lower high with volume as that would confirm bullish sentiment as per Dow theory. Targets are mentioned on the chart.
Today's Asian session has directly pulled up from yesterday's multiple rebound highs near 3230. The current relative low has risen by nearly 80 points, and there is a trend of further hitting new highs. Once it breaks the high again, it will continue to hit the 3330-50 line. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line last week's big positive also needs to rise inertia this week. The current focus of the day is still on falling back to do more. After the Asian session gold price rose sharply, the European session trend is crucial. If the European session maintains a small sideways fluctuation, then the US session is likely to launch an upward attack again. What needs to be focused on now is the extent of the bulls' callback repair. In view of the current volatile market, the decline of tens of dollars may just be a normal adjustment of the bulls, not a trend reversal. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European session operations. The key watershed below may be at the previous top and bottom conversion position of 3245, while the upper key pressure is focused on the 3330-3350 line. On the whole, the short-term operation strategy of gold today is recommended to be long on pullbacks and short on rebounds. The upper short-term focus is on the 3330-3350 line of resistance, and the lower short-term focus is on the 3275-3280 line of support. Friends must keep up with the rhythm. Gold operation strategy reference: Strategy 1: Short gold rebounds near 3330-3340, target near 3305-3290, and look at the 3280 line if it breaks. Strategy 2: Long gold pullback near 3275-3285, target near 3310-3330, and look at the 3350 line if it breaks.
AVAX has dipped below $18.80 and it looks like there just isn't enough strength at the moment to avoid a third dip down. My projected possible breakdown stops are... $18.40, $17.70, $15.40, $14.80, $13.50 If AVAX can hold above 18.90 this all is invalid. NFA...
Bullish Scenario – Breakout Above $3,300 Bias: Bullish (Trend Continuation or Breakout Play) Entry Condition: Price breaks and closes above $3,300 on the H1 or H4 timeframe. Ideally accompanied by rising volume and no strong upper wick (shows strength). Entry Point: Around $3,301–$3,305 after confirmation. Targets: ? Target 1: $3,320 – Near-term psychological level. ? Target 2: $3,332 – Next resistance zone. Stop Loss: Below $3,290 (to avoid false breakout pullbacks). Can scale in more above $3,310 if momentum is strong. ❌ Bearish Scenario – Breakdown From $3,300 or Below Support Bias: Bearish (Rejection or Breakdown Play) Entry Condition: Price fails to hold $3,300 and forms a bearish rejection candle (like a pin bar or engulfing). OR it breaks below local support around $3,290–$3,285 with follow-through. Entry Point: Around $3,288–$3,295 after confirmation. Targets: ? Target 1: $3,180 – Major support level. ? Target 2: $3,170 – Clean round number / extension zone. Stop Loss: Above $3,310 (invalidates bearish setup if broken). https://www.tradingview.com/x/fXOnyxpY/
Market Analysis: EUR/GBP Slips EUR/GBP declined and is now consolidating losses above the 0.8500 region. Important Takeaways for EUR/GBP Analysis Today - EUR/GBP is trading in a bearish zone below the 0.8630 pivot level. - There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a steady decline from well above 0.8700. The Euro traded below the 0.8630 support level against the British Pound. The EUR/GBP chart suggests that the pair even declined below the 0.8600 level and tested 0.8520. It is now consolidating losses and trading below the 50-hour simple moving average. Recently, there was a minor increase above the 0.8540 level. https://www.tradingview.com/x/xwU7POv9/ The pair is now facing resistance near the 23.6% Fib retracement level of the downward move from the 0.8738 swing high to the 0.8518 low. There is also a connecting bearish trend line forming with resistance near 0.8570. The next major resistance could be 0.8630 and the 50% Fib retracement level of the downward move from the 0.8738 swing high to the 0.8518 low. A close above the 0.8630 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8685. Any more gains might send the pair toward the 0.8740 level. Immediate support sits near 0.8520. The next major support is near 0.8500. A downside break below the 0.8500 support might call for more downsides. In the stated case, the pair could drop toward the 0.8360 support level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.