DXY HOTW Set - Bearish Framework The question is - will we see a retracement to align ourselves on EU or GU. I highly doubt it as there is not a lot of time left till the delivery driver aka CPI. We will see.
Market Analysis: USD/CHF Dives USD/CHF declined and is now struggling below the 0.8615 resistance. Important Takeaways for USD/CHF Analysis Today - USD/CHF declined below the 0.8675 and 0.8615 support levels. - There is a short-term bearish trend line forming with resistance near 0.8550 on the hourly chart at FXOpen. USD/CHF Technical Analysis On the hourly chart of USD/CHF at FXOpen, the pair started a fresh decline from well above the 0.8800 zone. The US Dollar dropped below the 0.8675 support to move into a negative zone against the Swiss Franc. The bears pushed the pair below the 50-hour simple moving average and 0.8615. Finally, the bulls appeared near the 0.8420 level. A low was formed near 0.8421 and the pair is now consolidating losses. https://www.tradingview.com/x/Dsoa2qfW/ On the upside, the pair could face resistance near the 0.8480 level. It is near the 23.6% Fib retracement level of the downward move from the 0.8674 swing high to the 0.8421 low. The next major resistance is near the 0.8550 level. There is also a short-term bearish trend line forming with resistance near 0.8550. It coincides with the 50% Fib retracement level of the downward move from the 0.8674 swing high to the 0.8421 low, above which the pair could test the 0.8615 level. If there is a clear break above the 0.8615 resistance zone, the pair could start another increase. In the stated case, it could even surpass 0.8675. On the downside, immediate support on the USD/CHF chart is 0.8420. The first major support is near the 0.8400 level. The next major support is near 0.8350. Any more losses may possibly open the doors for a move toward the 0.8220 level in the coming days. 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.
Hey fellas, Long time no see... Technical side stays bullish. Price has failed to break 2960 zone aimed Tariffs. It has pushed more than 500 pips during Asian session and clearly broke above 2920 zone. As soon as price stays under 2920 till NY session, we might see another push back. However, if prices continues to breakup and hold 2920 as support then we'll surely have new ATH soon enough. DON'T FORGET UPCOMING'S CPI TOO. Gold started current week within a range of 2965 to 3020. However, geopolitical tension between US-CHINA trade war and TARIFFS ofcourse caused huge uncertainty in the market. GOLD has always been in favour of geopolitical situations. Market is clearly reacting based on fundamental.
# ✨ XAU/USD FOMC STRATEGY PLAN (April 9, 2025) ## ? Fundamental Context **Event:** FOMC Minutes **Time:** 1:00 PM ET / 10:30 PM IST / 8:00 PM EAT **Market Mood:** - US-China trade tension - Inflation still a concern - Fed likely to sound cautious or hawkish **Implication:** - If hawkish: USD ↗️ = Gold ↓ (but potential fakeout first) - If dovish: USD ↓ = Gold ↗️ (bullish breakout likely) --- ## ? Key Levels to Watch ### ▼ Support Zone: - **2270 - 2255** - Previous demand zone - Potential stop hunt area ### ▲ Resistance Zone: - **2310 - 2325** - Previous rejection - Breakout zone into momentum --- ## ⚖️ Trade Scenarios ### ✅ Scenario A: Hawkish Fed (USD Bullish, Gold Dips) - Wait for gold to dump into **2270 - 2265** - Watch for **M15 bullish engulfing or rejection wick** - Enter BUY: - **SL:** 2257 - **TP1:** 2298 - **TP2:** 2315 ### ✨ Scenario B: Dovish Fed (USD Weak, Gold Pumps) - Wait for **clean breakout above 2310** - Look for **pullback + bullish structure on M5/M15** - Enter BUY: - **SL:** Below pullback low (~2302) - **TP1:** 2325 - **TP2:** 2340 ### ⚠️ Scenario C: Whipsaw / Mixed News - No rush - Let the market choose direction first (wait 15–30 min) - Watch for clean structure shift or fakeouts --- ## ? Risk & Management - Use **tight SL** and **defined TP zones** - Risk only **0.5% – 1% per position** - Adjust position size based on SL distance - **Avoid revenge trades** if whipsaw hits --- ## ? Mindset > "Wait like a monk. Strike like a sniper. Let the market come to you." Stay present. Be patient. Gold rewards clarity, not chaos.
Market Analysis: EUR/USD Resumes Increase EUR/USD started a fresh increase above the 1.0950 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro started a decent upward move from the 1.0880 zone against the US Dollar. - There was a break above a key bearish trend line with resistance at 1.0955 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.0775 zone. The Euro cleared the 1.0950 resistance to move into a bullish zone against the US Dollar, as mentioned in the last analysis. The bulls pushed the pair above the 50-hour simple moving average and 1.1000. Finally, the pair tested the 1.1150 resistance. A high was formed near 1.1146 before the pair corrected gains. It dipped below 1.1000 and tested 1.0880. https://www.tradingview.com/x/jsfaRysL/ The pair is again rising from the 1.0880 zone. There was a break above a key bearish trend line with resistance at 1.0955. The pair climbed above the 50% Fib retracement level of the downward move from the 1.1146 swing high to the 1.0880 low. Immediate resistance on the EUR/USD chart is near the 1.1045 zone and the 61.8% Fib retracement level of the downward move from the 1.1146 swing high to the 1.0880 low. The first major resistance is near the 1.1080 level. An upside break above the 1.1080 level might send the pair toward the 1.1145 resistance. The next major resistance is near the 1.1165 level. Any more gains might open the doors for a move toward the 1.1200 level. Immediate support on the downside is near the 1.0955 level. The next major support is the 1.0880 level. A downside break below the 1.0880 support could send the pair toward the 1.0830 level. Any more losses might send the pair into a bearish zone toward 1.0775. 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.
The pair still has moved higher, but it does not deter us from adding to SHORTS... the pair is overbought and correction is needed. Strategy SELL @ 0.8600-0.8635 and take profit near 0.8478 for now.
We will trade Long trade today as Green. This plan for study purpose, not financial advice! Self control yours action! Good luck mates! #MakeCent #TradingMakeSense
Analysis done directly on the chart BOJ Ueda speaking in London session, you might see price moves fast and don't know what is happening. Just trade safe, manage your risks. Not financial advice, DYOR. Market Flow Strategy Mister Y
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Analysis done directly on the chart Wonder why price action sometimes are bad and not as smooth as it should be? Because they might be already priced in for big red folder news or events. (including FOMC, NFP, interest rate decisions, important speeches and many more). Not financial advice, DYOR. Market Flow Strategy Mister Y