EUR/USD is testing the key resistance zone around 1.04788, where it converges with a long-term descending trendline. If the price gets rejected here, it may pull back to the 1.03961 support area for accumulation before attempting another rebound. The market structure remains uncertain for a breakout, but if the price holds above support, EUR/USD could form a recovery pattern, aiming for higher levels. Trading Strategy: Sell if price gets rejected at 1.04788, target 1.03961, stop-loss above 1.05000. Buy around 1.03961 if strong bullish reaction occurs, target 1.04788, stop-loss below 1.03750. Wait for confirmation of a breakout above 1.04788 to enter a long position. Beyond technical factors, the EU summit on military and financial aid for Ukraine could significantly impact EUR. If strong financial support is confirmed, EUR may strengthen, supporting EUR/USD recovery. Conversely, political uncertainty could weaken the euro further.
? USDCAD Surges to 1.47979 – Bulls in Full Control! ? The USDCAD pair has rallied aggressively, reaching 1.47979 as bullish momentum dominates the market. With strong buying pressure and key resistance levels being tested, traders are eyeing potential breakouts or retracements. Keep an eye on market fundamentals and technical signals for the next move! #USDCAD #ForexTrading #USDCADRally #MarketAnalysis #TradingSignals
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GBP/USD has surged back up after yesterday’s news negatively impacted the USD, causing it to weaken and providing support for the pair. At the time of writing, the price is hovering around 1.269, benefiting from the parallel price channel after bouncing off its lower boundary. The pair is expected to continue rising towards the designated target as long as buyers successfully defend this channel!
I think this is the best situation for Dow Jones, After the break of the daily trend, the price returns to the previous ceiling and the inability to break the floor, strong bearish candles, in my opinion, indicate a decline.
GBPAUD is in a strong uptrend, breaking through key resistance levels and trading above the 200 EMA, confirming bullish momentum. The price is currently extended but may retest a key demand zone before continuing higher. Trade Setup: ? Entry: Look for a pullback into the 2.0250 - 2.0300 demand zone. ? Stop Loss: Below 2.0200, under the recent structure for safety. ? Target: A potential push towards 2.0800 - 2.1000, the next major resistance area. ? Watch for: Bullish rejection wicks, engulfing patterns, or confirmation from lower timeframes before entering long. ? Bullish trend remains intact! Manage risk and trade accordingly. ? #GBPAUD #Forex #Trading #PriceAction #TechnicalAnalysis
???Gold news: •Investors remain concerned that US President Donald Trump's trade tariffs could drive up inflationary pressures, reinforcing the Federal Reserve's hawkish stance and leading to some selling pressure on gold prices on Tuesday. •Trump's tariffs on Mexico and Canada take effect this Tuesday, along with a new 10% tax on Chinese goods. Additionally, he announced that reciprocal tariffs would be implemented on April 2 against countries that impose duties on US products. •In response, Canada confirmed plans to introduce retaliatory tariffs on US imports, while China’s Commerce Ministry stated on Tuesday that it would impose additional tariffs of up to 15% on key agricultural products from the US. •These developments heighten the risk of a global trade war, dampening investor sentiment. However, this uncertainty may support demand for the safe-haven precious metal, helping to cushion gold prices from further losses, especially amid the prevailing bearish outlook for the US Dollar. Personal opinion: ?Gold will continue to increase in the coming time after the latest developments on the ongoing trade war between countries ?However, RSI (1H) has unclear signs of a slight decline, so you can consider buying at a lower price level Analysis: ?Based on resistance - support zones combined with important Fibonacci levels to come up with a suitable strategy ?Price Zone Setup: ?Sell Gold 2905 – 2907 (European session) ❌SL: 2912 | ✅TP: 2901 – 2896 – 2990 ?Sell Gold 2918 – 2920 ❌SL: 2925 | ✅TP: 2914 – 2910 – 2900 FM wishes you a successful trading day ???
- The price is self-explanatory as always :) - Titan has broken its long-term range on the downside, signalling weakness. - ₹3,000 is a psychological support level, which may act as a bounce point. - ₹2,900 is the most recent price-based minor support that could provide stability - The next best support zone stands at (₹2,750 – ₹2,800) coupled with 200WEMA. What do you think will happen here. Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
SELL 1.27000 | STOP 1.27400 | TAKE 1.26600 | Local movement.
Silver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 31.47 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 31.05 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement level. Take profit is at 31.91 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.