??? AUD/USD news: ➡️ The AUD/USD pair rose to 0.6170 during Wednesday’s U.S. session, supported by risk-on flows and broad weakness in the U.S. dollar. Market sentiment improved following Trump’s unexpected decision to pause key tariffs for 90 days; however, Federal Reserve officials cautioned about the risks of long-term inflation. While the Australian dollar benefited from the softer greenback, its upside may be limited due to ongoing trade disruptions that heavily impact Australia’s export-reliant economy tied to China, reinforcing dovish expectations for the RBA. Personal opinion: ➡️ The upside in the AUD/USD remains limited as China’s tough retaliatory tariffs complicate matters. So the downside remains in check. ➡️ AUD/USD RSI is showing signs of bullish reversal after entering the overbought zone Analysis based on important resistance - support and Fibonacci levels combined with SMA and trend lines to come up with a suitable strategy Plan: ?Price Zone Setup: ?Sell AUD/USD 0.6120 – 0.6130 ❌SL: 0.6170 | ✅TP: 0.6070 – 0.6005 – 0.5960 FM wishes you a successful trading day ???
? ? ? Asset: PowerFleet, Inc. (AIOT – NASDAQ) ? Timeframe: 30-Min Chart ? Setup Type: Breakout + Retest at Supply Zone ? Trade Plan – Long Bias ✅ Entry Zone: Around $5.09 (breakout + retest confirmation) ✅ Stop-Loss (SL): $4.72 (below structure + trendline) ? Take Profit Targets: ? TP1: $5.66 – Previous resistance zone ? TP2: $6.37 – Major supply / upper structure ? Risk-Reward Analysis ? Risk: $5.09 - $4.72 = $0.37/share ? Reward to TP2: $6.37 - $5.09 = $1.28/share ? R/R Ratio: ~1 : 3.5+ → Excellent potential ? Technical Breakdown ? Trendline breakout with bullish candle ✔ ? Volume increasing with price push ✔ ? Structure retest near yellow resistance zone ✔ ? Higher low + clean continuation signal ? ? Risk Management Plan ? Move SL to breakeven after TP1 ? Book partial profits at TP1 ? Let remainder ride to TP2 ? Discipline over emotion — follow structure ⚠️ Setup Invalidation If: ❌ Closes below $4.72 ❌ Reversal with high-volume bearish engulfing ❌ Rejection from red zone without follow-through ? Final Thoughts ✔ Strong breakout from consolidation range ✔ Beautiful R/R with clear invalidation ✔ Patience is key — let the levels do the work ? #AIOT #PowerFleet #BreakoutTrade #StockAnalysis #ProfittoPath #ChartSetup #BullishMomentum #RiskReward #SmartTrading
Bias: No Bias USD News(Red Folder): -Core CPI m/m -Unemployment Claims Analysis: -Strong bullish closure with 1000pips move -Looking for pullback for BUY or liquidity sweep for sell -Potential BUY/SELL if there's confirmation on lower timeframe -Pivot point: 3030, 3115 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
History often repeats itself. SPX just bounced off a key level the 2022 high and the long-term channel support which has historically triggered strong reversals (red circles), and we’re seeing the same setup again. MACD is deep in bearish territory but showing signs of flattening. Volume is elevated — likely signaling a washout or institutional accumulation. If bulls defend this level, a bounce toward the 0.5 and 0.382 Fibs (5,493 – 5,649) is on the cards. Break below 5,114 and it’s lights out again — signalling that this bounce perhaps may just have been a gap and bull trap ? I’m neutral and acting as per technical hints, waiting for signs of confirmation. Although Risk/reward is solid here if momentum shifts. Would love to hear any thoughts or different opinions. All the best as always !
Copper is about to shoot up. Not sure if this will fall to $12 but I’m holding out until it does to take a long position.
BBRI currently at Rp 3,630 closing price 9 April 2025. Technical : Near on support line at Rp 3,620. Still solid this line I think. MACD give the good sign too Macro : Cum Date Dividend on 10 April 2025. Dividend Rp 208,4 (5.7% from the current price). Trump delay the tariff in 90 days ahead. ( The news ) So, it's a good news for short term period. It will be pump hard haha. Thankyou for reading my ideas. DWYOR. I hope everyone have a good health and good life!
? XAU/USD Daily Technical Outlook – April 10, 2025 Gold has recently seen a strong rally, reaching an all-time high of $3167 per ounce. However, it encountered significant resistance at the upper boundary of its ascending channel, leading to a sharp pullback after the release of strong U.S. employment data, which boosted the dollar and exerted selling pressure on gold. Currently, gold is trading around $3050, with key support levels at $2956, $2860, and $2790, which could act as potential bounce points if the decline continues. ? Current Market Structure: After reaching the all-time high, the price has corrected lower. As it approaches the support levels mentioned above, the market may see fresh buying opportunities if these levels hold strong. ? Key Resistance Levels: $3100: Immediate resistance. A break above this level could signal a resumption of the uptrend. $3167: All-time high. A breakout above this level would open the door for further gains. ? Key Support Levels: $2956: First support. The price may bounce at this level if it holds. $2860: Major support. A failure to hold above this level could lead to further declines. $2790: Strong support. A drop below this level would signal a shift in the market's direction. ? Price Action Patterns: As the price approaches key support levels, there could be reversal patterns forming, indicating a potential price bounce. It’s crucial to monitor the price action at these levels to spot potential entry opportunities. ? Potential Scenarios: ✅ Bullish Scenario: If gold manages to hold above $2956 and bounce, the uptrend may resume toward the resistance levels mentioned above. ❌ Bearish Scenario: If gold fails to maintain the key support levels, the correction could continue, with further declines toward lower support levels. ? Conclusion: Gold is currently testing crucial support levels. Monitoring how price behaves at these levels will be key to determining the next direction. Traders should keep an eye on any economic developments that may affect market sentiment. ? What’s your outlook for Gold? Will it continue its uptrend or experience further corrections? Share your thoughts below.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Sell. Enjoy the day all. Cheers. Jim
? EUR/USD Daily Technical Outlook – April 10, 2025 EUR/USD is currently trading around 1.0964, following a strong upward move from 1.0800 to 1.1000. This rally has been driven by strong momentum and a clear break of structural resistance levels. However, the pair is now approaching a critical resistance zone between 1.1150 and 1.1200, which could lead to a potential pullback or reversal. ? Current Market Structure: The pair has seen a solid rise from 1.0800, breaking through multiple resistance levels along the way. However, as it approaches the strong resistance area between 1.1150 and 1.1200, there may be some profit-taking or correction. The key question is whether the bulls can push through this resistance to continue the uptrend. ? Key Resistance Levels: 1.1150 – 1.1200: This is the critical resistance zone. If price fails to break above this, we could see a pullback or consolidation. 1.1215: A further key resistance. If price reaches this level and struggles to move higher, it may signal a potential reversal. ? Key Support Levels: 1.0960: Immediate support level. A pullback toward this area could offer another opportunity for buying if the bulls continue to dominate. 1.0800: Major support. A failure to hold this level could lead to further downside and shift the market sentiment to bearish. ? Price Action Patterns: As the price approaches the strong resistance zone, we might see profit-taking or corrective moves. It's crucial to monitor how price reacts at these levels to determine the next potential move. A break above 1.1200 could signal continued bullish momentum, while failure could lead to a retracement. ? Potential Scenarios: ✅ Bullish Scenario: If EUR/USD manages to break through the 1.1150 – 1.1200 resistance zone, it could continue its uptrend toward higher levels. A close above 1.1200 would strengthen the bullish outlook. ❌ Bearish Scenario: If price fails to break through resistance and pulls back below 1.0960, a deeper correction toward 1.0800 could be on the cards. A break below 1.0800 would suggest a more bearish outlook. ? Conclusion: EUR/USD is at a critical resistance point. Watching how the pair reacts near 1.1150 – 1.1200 will be key in determining if the bullish trend can continue or if a correction is likely. These levels will act as the defining points for the next move. ? What’s your outlook for EUR/USD? Will the pair break above 1.1200, or is a bearish reversal imminent? Share your thoughts below ?
? GBP/USD Daily Technical Outlook – April 10, 2025 GBP/USD is currently trading around 1.2696, facing significant resistance near the 1.2800 level. After a recent decline from the 1.3434 peak, the pair has been consolidating, forming a range between 1.2740 and 1.2860. The market's reaction to these levels will be crucial in determining the next directional move. ? Current Market Structure: The recent price action indicates a neutral to bearish trend for GBP/USD. The pair has formed lower highs and higher lows, creating a symmetrical triangle pattern, suggesting indecision in the market. A breakout from this pattern, either above 1.2860 or below 1.2740, will likely set the tone for the next significant move. ? Key Resistance Levels: 1.2800: Immediate resistance. A break above this level could signal a potential bullish move. 1.2860: Upper boundary of the current range. A decisive break above this level would confirm the continuation of the uptrend. 1.2933: Significant resistance zone. If the price manages to break above this level, it could lead to further gains. ? Key Support Levels: 1.2740: Lower boundary of the current range. A break below this level could indicate a bearish reversal. 1.2720: Short-term support. Failure to hold above this level might lead to a deeper correction. 1.2580: Major support zone. A drop below this level would confirm a bearish trend. ? Price Action Patterns: The formation of a symmetrical triangle suggests that the market is awaiting a catalyst for the next move. Traders should watch for a breakout from this pattern, as it will likely lead to increased volatility and a clear directional bias. ? Potential Scenarios: ✅ Bullish Scenario: A breakout above 1.2860, especially with strong volume, could lead to a rally toward 1.2933 and potentially higher levels. ❌ Bearish Scenario: A break below 1.2740 could trigger a decline toward 1.2720, with further downside potential if the support at 1.2580 is breached. ? Conclusion: GBP/USD is currently consolidating within a defined range, with key levels at 1.2740 and 1.2860. The next significant move will depend on a breakout from this range, providing clarity on the market's direction. Traders should monitor these levels closely and prepare for increased volatility as the pair approaches these boundaries. ? What’s your outlook for GBP/USD? Will the pair break above 1.2860, or is a bearish reversal imminent? Share your thoughts below ?