The USD/CAD has extended its drop after reversing sharply the day before on the back of Trump's U-turn on imposing tariffs on Canada, delaying it for at least a month. Today's weaker US JOLTS job openings data has further pressured the US dollar. The FX pair had initially surged on Monday, breaking above both the March 2020 high of 1.4668 and January’s peak of 1.4690, reaching a session high of 1.4793 before swiftly reversing as news emerged of tariff delays. The resulting price action formed a long-legged inverted hammer candle—typically seen at major swing highs. For the bears, a decisive move lower would now be needed to confirm that at least a near-term top has been established. Crucially, the USD/CAD has breached the key 1.4400 pivotal zone, where prior support converges with the 21-day exponential moving average and a rising trendline. A daily close well below this level could open the door to fresh technical selling, potentially driving the pair below the recent low of 1.4261 in the days ahead, if not even lower. On the upside, immediate resistance now comes in around the 1.4370-1.4400 area, with a more significant zone sitting around 1.4500, which was tested earlier in the session and has held—for now. Beyond that, the next key resistance area lies between the 2020 and 2016 highs, within the 1.4668-1.4690 range, making it a critical zone to watch. By Fawad Razaqzada, market analyst with FOREX.com
NASDAQ:OM is setting up for a strong rally. Resistance is breaking, and momentum is shifting toward price discovery. Holding steady at $5.62, but likely not for long.
AMD is down 48% from its all-time highs, yet its fundamentals and prospects remain stronger than ever. With a market cap of $190B, it’s currently valued at only ~6% of NVDA ($3T). This massive valuation gap presents a huge opportunity for long-term investors. ? AI Growth is Just Getting Started – AMD’s MI300 series is gaining traction in AI data centers, with major cloud providers adopting its chips. The AI boom is still in its early innings, and AMD is positioned to capitalize. ? Server Market Expansion – EPYC chips continuously gain share against Intel in the data center space. As enterprises shift workloads to more efficient solutions, AMD benefits. ? Console & Gaming Strength – AMD powers the PS5, Xbox Series X, and upcoming handhelds like the ROG Ally & Steam Deck. Gaming demand remains strong, providing a solid revenue base. ? Valuation is a Bargain – At current levels, AMD trades at a fraction of NVDA’s valuation. As AI demand grows and AMD executes, this discount won’t last forever. The Setup is Clear AMD is one of the best risk-reward plays in the market today. With AI, gaming, and data centers fueling growth, the current price is a steal for long-term believers. ? Will AMD be the next to skyrocket? Let me know your thoughts! ?? #AMD #AI #Semiconductors #Investing
Large investors are accumulating NASDAQ:OM at an unprecedented rate. The market is taking notice, and the next leg up could be explosive. Accumulation at $5.68 may not last much longer.
This chart illustrates a potential distribution pattern for Bitcoin (BTC/USDT) on the daily timeframe, characterized by lower highs and increased selling pressure near key resistance. The chart highlights a CME gap acting as a possible support zone, alongside significant volume spikes confirming selling activity. The setup suggests bearish continuation, with a defined risk-to-reward ratio visible through the marked stop-loss and take-profit zones. The EMA (25) serves as a dynamic resistance, reinforcing the bearish bias.
We expected EUR/USD to rise and reach 1.0510, which is a key level where the price might face some resistance. This level at 1.0510 is important because it's where the price might pause or reverse if there's no strong push. Breaking Through Resistance 1.0510: If the price manages to break above 1.0510, this would suggest that buyers are in control, and EUR/USD could continue to go up. Once 1.0510 is broken, the next target would be 1.0600. This is the next level we’re watching, where the price could go after breaking through 1.0510.
Price action still pulling back around $127 - $120 for a continued sell-off towards $100 I'm using pivot points to help read the direction of trend and then measuring the waves in sellers to get an idea of how well momentum is doing which can also be used to generate targets like shown on chart Entering at current price would make a 1:1 trade vs looking for a higher entry @ ~126 would allow for less risk.
NASDAQ:OM continues to dominate the Real World Asset sector. The push toward $10 is backed by solid growth and increasing institutional interest.
? Ethereum (ETH/USD) – Bullish Elliott Wave 5 Expansion ? ? Weekly Chart Analysis | Elliott Wave + Fibonacci + MACD + RSI Ethereum is currently in a Wave 4 corrective phase, preparing for a Wave 5 rally. If ETH holds above key support levels and breaks resistance, we could see a strong bullish move towards 5,440 USD and beyond. ? Elliott Wave & Fibonacci Analysis Ethereum's Elliott Wave structure suggests that Wave 5 is yet to unfold. Based on Fibonacci extensions, the next key targets are: ✅ Fib 0.382 (~4,058 USD) – Initial resistance. A breakout here confirms bullish momentum. ✅ Fib 0.618 (~5,440 USD) – Mid-term bullish target. ✅ Fib 1.618 (~10,408 USD) – Extended bullish scenario if Wave 5 fully plays out. ? Key Support Levels: 2,199 USD (Fib 0.236) – Must hold for the bullish structure to remain valid. 2,069 USD (Fib 0.5) – Deep retracement support. ? Key Resistance Levels: 3,796 USD (Fib 0.382) – Crucial breakout zone. 4,058 USD (Fib 0.5) – Confirmation of bullish trend. ? MACD & RSI Confirmation ? MACD Analysis: MACD lines are close to a bullish crossover, indicating momentum shift. Histogram is contracting, suggesting sellers are losing control. ⚡ RSI Strengthening: Currently around 51, signaling neutral momentum. A break above 60 RSI confirms strong bullish pressure. ? Volume Analysis & Market Structure ? Current Volume: Volume is currently low, which indicates market indecision. A spike in buy volume will confirm a strong breakout above 3,796 USD. ? Market Structure Confirmation: Higher lows forming – Bullish structure remains intact. Breakout above 3,796 USD + volume spike = Strong Wave 5 rally potential. ✅ Bullish Trade Plan ? Entry Trigger: Breakout above 3,796 USD with volume confirmation. ? Take Profit 1: 4,058 USD (Fib 0.382) ? Take Profit 2: 5,440 USD (Fib 0.618) ? Take Profit 3: 10,408 USD (Fib 1.618) ? Stop-Loss: Below 2,199 USD (Fib 0.236) ? Conclusion & Market Sentiment Ethereum is approaching a key resistance zone at 3,796 USD. A break and close above this level with strong volume will signal the start of Wave 5, potentially targeting 5,440 USD and beyond. ? Market sentiment remains cautiously bullish. If ETH holds above 2,199 USD, the bullish structure remains intact. MACD & RSI indicate growing momentum, but confirmation is needed. Watch for a volume breakout above 3,796 USD before entering a trade. ? What’s your ETH price target? Comment below! ? ? Like & Follow for More Crypto Analysis! ?
NASDAQ:OM is gaining momentum for a major breakout. With increasing demand and strong fundamentals, the next all-time high is within reach.