Yesterday, the gold market opened at 3134.1 in the morning. The market first fell back to 3122.6 and then rose strongly. After breaking the previous high, it reached a high of 2167.9. After that, the market began to fall under the cooperation of fundamentals and technical profit-taking. The intraday low was 3053.6. After that, the market rose strongly and reached 3135.8 before consolidating. The daily line finally closed at 3114.1. The daily line closed in a spindle shape with a very long lower shadow. After this shape ended, after the break of 2940 and 2958, the long positions were reduced, and the stop loss was followed up at 3050. If it falls back to 3082 first today, the long stop loss is 3075. The target is 3115 and 3132. If it breaks, the target is 3140 and 3150.
Good morning. Welcome to today's Nasdaq market analysis and educational insights for price action traders.
Pairs on Watch - FX:GBPUSD FX:USDJPY FX:NZDUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
I think we are following a price decrease for today.
Hello, While the significant market correction since January 2025 has left many feeling fearful, we believe this presents a perfect opportunity for those with a long-term investment horizon. The recent pullback in asset prices, particularly in the cryptocurrency space and equities, has created an attractive entry point for seasoned investors. President Trump's ongoing commitment to positioning the United States as the global capital for cryptocurrency, with Bitcoin as a key component of the nation's reserves, reinforces the enduring fundamental strength of this digital asset. Despite the short-term volatility, Bitcoin's long-term prospects remain robust, supported by this high-level governmental endorsement . Since its peak in January, Bitcoin has experienced a correction exceeding 25%, bringing it to levels that we view as an ideal accumulation zone. Our technical analysis further confirms this perspective, as the cryptocurrency approaches a critical upward trendline, suggesting that buyers may soon step in to drive a resurgence. Additionally, the MACD indicator is on the cusp of a bullish zero crossover, providing additional confirmation of an impending rebound. For patient, forward-thinking investors, we strongly recommend initiating or increasing Bitcoin positions at these current prices. By adopting a disciplined, long-term approach and weathering the near-term fluctuations, you can position yourself to capitalize on the substantial upside potential as Bitcoin's trajectory aligns with the supportive stance of the U.S. government. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/GBP is currently trading around 0.8470, having recently completed a breakout accompanied by increased trading volume. This surge suggests strong bullish momentum, with the pair targeting a potential gain of over 300 pips, aiming for a price level of 0.8700. Fundamental factors contribute to this bullish outlook. The euro has shown resilience amid recent economic developments in the Eurozone. Notably, Eurozone inflation decreased to 2.2% in March from 2.3% in February, driven by a significant reduction in energy costs and slowing service inflation. Core inflation, which excludes volatile food and fuel prices, also fell to 2.4% from 2.6%, which was below expectations. This easing of inflation is likely to reinforce expectations for another interest rate cut by the European Central Bank (ECB) later in April. The ECB has already reduced rates six times since last June. Conversely, the British pound has experienced fluctuations due to recent trade developments. On April 3, 2025, the pound surged to a six-month high against the U.S. dollar amid global market concerns following the announcement of new U.S. trade tariffs. Despite facing elevated duties on exports such as cars, steel, and aluminum, optimism surrounding a potential UK-U.S. trade agreement provided a positive outlook for sterling. citeturn0news24 However, ongoing trade negotiations and potential fiscal adjustments by the UK government may introduce volatility, influencing the pound's performance against the euro. Technical analysis supports the bullish sentiment for EUR/GBP. The pair's breakout above previous resistance levels, coupled with increased volume, indicates strong buying interest. Key resistance levels to monitor include 0.8500 and 0.8600, with a sustained move above these levels potentially paving the way toward the 0.8700 target. Traders should also observe support levels around 0.8400 to manage potential pullbacks effectively. In summary, the EUR/GBP pair exhibits a bullish trajectory, underpinned by favorable technical patterns and evolving fundamental factors. Traders should implement robust risk management strategies, including setting appropriate stop-loss orders, to navigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will be crucial in effectively capitalizing on this trading opportunity.
Hello, Skyrexians! As usual, recently we faced with a lot of hate when posted the article about Bitcoin Dominance growth, yesterday we analyzed a lot of charts on different time frames to make the most precise analysis for you. Hope it will be the truth. We really tried to do our best, please, don't criticize it too much! We made this analysis briefly to simplify it for you. We are now in the last bearish wave for altcoin dominance, you can open 1 month time frame and see it. Now we dive into the current subwave on the daily time frame. Here we can see the clear view of Elliott waves cycle. Wave 4 has the triangle shape, it gives us more confidence that now price is printing wave 5. If we analyze only 1D time frame the target is 7-7.5%. There wait for bullish divergence and price will likely reverse. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Based on the EASY Trading AI strategy analysis, a sell opportunity is emerging for GRTEUR. The market entry price is targeted at 0.0833, aiming for a take profit at 0.08106667. A tight stop-loss is set at 0.08596667 to protect from unexpected reversals. EASY Trading AI utilizes technical indicators and historical data patterns, indicating bearish momentum and increased selling pressure around current levels. This scenario favors a downward movement, aligning risk management with a clear profit target and defined risk control. Caution and discipline advised for optimal trade execution.
15 min bearish. Price confirms daily and 4h pullback. Price formed a bearish flag pattern good confirmation for sells.
CME_MINI:NQM2025 - PR High: 18698.00 - PR Low: 18588.25 - NZ Spread: 245.25 Key scheduled economic events: 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate 11:25 | Fed Chair Powell Speaks AMP margins remains increased but lowered to 25% - Value decline continues, dipping into 18400s inventory - Auction holding just below previous session low Session Open Stats (As of 12:55 AM 4/4) - Session Open ATR: 482.31 - Volume: 48K - Open Int: 261K - Trend Grade: Bear - From BA ATH: -18.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 18106 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone