AUD/USD sits at a key level, banging up against the dominant uptrend dating back to October 2022. You can see from past price interaction how pivotal this trendline has been — initially acting as support before flipping to resistance after being broken late last year. The bullish engulfing weekly candle from early April flagged what’s since played out, hinting this fresh attempt to break the trendline may have more legs than those seen in recent months. Momentum also leans bullish, with both RSI (14) and MACD trending higher. If AUD/USD can break and hold above the uptrend, it may draw in additional bulls from the sidelines, opening the door to a move towards .6550 — a zone the pair chopped around in during late 2024. If the price cannot hold above the trendline, the bullish bias would be invalidated, opening the door for potential short setups. Good luck! DS
Gold may likely try to touch the 3450,3470, and possibly 3500 marks as it is in a strong bullish trend. Price action persisted in going past the 3430 point, as it was the current all-time high, which may lead the price to further continue its upward trajectory. However, the bullish trend may correct after having risen for some days and weeks. A correction is bound to okay depending on where the price rising pressure stalls.
NFA... I have been selling(Bearish) through the pressure from early April. And I trust my guts that we will have a relief buying pressure. Hence, I am buying(Long) on a short term. Stay with me; grab a drink. (wink)
USDMXN is now net short on the regression break. I am considering my EA options to take a trade in this pair.
From the daily chart, the daily K-line random indicator continues; the golden cross is upward, and there is no sign of retracement, indicating that the price is expected to set a new high; in terms of form, although the negative line was closed last Thursday, it was actually a relay form; MACD double lines continued to move upward, sending a bullish signal. The daily K-line random indicator, MACD indicator and form are all resonant bullish, showing the continuation of the bullish trend. At the beginning of this week, the gold price directly broke through the 3400 line. According to the current market trend, 3440 is just around the corner. Therefore, it is recommended that you seize the opportunity of the band, establish a bottom position in batches and hold a long bullish position to magnify the medium and long-term profits. Stick to the bullish strategy, and surprises will continue to emerge. However, it is not advisable to blindly chase more during the Asian session today, especially in the area above the 3430-3440 line, where there may be a technical demand for a callback. Despite this, everyone should not expect to chase the short position after a sharp drop, because the current trend is bullish, and the risk of counter-trend operation is relatively high. From the chart analysis, the lower support is near the 3385-3393 line, and the upper pressure is around the 3445-3450 line. Given that the current price is at a historical high, it is recommended to be cautious in chasing orders and wait patiently for sufficient adjustments before entering the market. It is recommended to buy gold at the 3385-3390 line, and then the target will look like the 3435-3440 line again. Continue to hold if it breaks;
Market Outlook: How Low Can It Go? ? As the market faces increasing uncertainty, with trade wars, inflation concerns, and even talks of war looming, many are wondering just how low the market can go. Looking at the long-term weekly chart of the NASDAQ 100, we can draw several important insights. ? The chart clearly highlights key retracement levels from previous cycles: 2000-2002 saw the market plummet by 83% from its peak ?. 2008-2009 experienced a 57% drop ?. In the current cycle, we have already seen a 26% drop from the previous highs, and many are wondering if we will see 37% similar moves as past market corrections. Looking ahead, key levels to watch include: 60% and 70% retracements from the peak ?. The 83% drop level which historically signals massive corrections ?. The 93% drop from the top, which mirrors the all-time low seen during previous major market crashes ?. The market has already shown signs of consolidation and increased volatility, with investors uncertain about the future direction. A possible recession or worsening economic conditions could push us closer to these historically low levels, especially if inflation continues to rise and trade tensions worsen. The chart suggests the potential for further downside in the short term, and we could see the market move closer to the COVID lows again if these macroeconomic issues persist. ⏳ But here’s the key question: Are we heading back to these deep levels, or is there a glimmer of hope for a recovery in the near future? Let us know your thoughts in the comments below! ? Stay tuned for more updates on how the market is reacting to these pressures. ? This chart provides a historical perspective on the NASDAQ’s behavior during past recessions and could help guide your trading strategies moving forward. Shark News? Let me know your thoughts in the comments below...
The U.S. Court of Appeals has GRANTED the joint motion by Ripple and the SEC to pause the ongoing appeal — signaling that a settlement could be imminent. ? No further briefs will be filed. ? SEC has been ordered to submit a status report within 60 days. ⚖️ This move follows confirmation that both parties have reached an agreement-in-principle, pending final Commission approval. What this means: ✅ Appeal proceedings are frozen ✅ Ripple gets breathing room ✅ Final resolution could be on the horizon ✅ Major regulatory precedent might soon be set
If you look at RSI and Stochastic RSI across higher time frames—weekly, bi-weekly, and monthly—they're sitting at extreme overbought levels. Historically, similar conditions in 2008, 2011, and 2020 were followed by major corrections or long periods of sideways movement in gold. Right now, all I see in the media is hype around buying gold, which often signals distribution—whales unloading positions onto retail. While overbought conditions don’t tell us exactly when a correction starts, they do suggest we’re not in a solid buying zone. In fact, we might be approaching a significant top.
I am not in a market for super stocks in this environment at the moment. Also, I am looking beyond the trade war and into quality companies: Fundamentals: Warren Buffet says, "When you bought the farm, you looked at what the farm would produce".... "...the potential of the farm"..."You don't need a quote on it." PLTR's May 14, 2024 Investment Update for April 21, 2025: See the following chart. Fundamentals are still good: https://www.tradingview.com/chart/PLTR/jOGLLUye-PLTR-HHHL-Channel/ https://www.tradingview.com/x/TTfj3dbG/ (BellRing Brands, Inc.) BRBR - think protein bars and shakes: A recent investment: https://www.tradingview.com/chart/BRBR/NdfdGecl-BRBR-Power-Bar-and-Protein-Shakes-Shakin-It-UP/ https://www.tradingview.com/x/vZWCuXHo/ Cal-Maine Foods (CALM): Speaking of farms and chicken eggs! Cal-Maine Foods is "the largest producer and distributor of fresh shell eggs in the United States, committed to offering our customers a wide range of quality egg and egg product choices produced in a safe, cost-effective and sustainable manner." (https://www.calmainefoods.com). It has good ROE and the quality of institutional investment has steadily grown legs into this company. It meets basic parameters of an investment. https://www.tradingview.com/x/Dxc2faUh/ ROBLOX (RBLX): I did my own personally survey and contacted several hundred of family and friends from the globe, and not only are Gen-Z playing ROBLOX, but even young adults are into it. It is true that with its immersive platform, "every day, millions of people come to Roblox to create, play, and connect with each other in experiences built by our global community of creators." Another company that I mentioned is Take-Two (TTWO) with Grand Theft Auto 6 coming out around August or September 2025 this year, I think it also will continue to surprise and do well. I shall invest in both; however, I like ROBLOX better. https://www.tradingview.com/x/sQyVKIn3/ I mentioned other companies in the video that are minor investments and the technical aspects of entry: Marex Group (MRX), Palomar Holdings (PLMR) and ADMA.
Zum EZB Tag zeigte sich unser Dax noch sehr verhalten und vorsichtig, nun muss er zeigen, wie er mit dem schwachen US-Handel zum Ostermontag umgehen kann. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 22800, 22600, 22420, 22100, 21800, 21670, 21510, 21420, 21360, 21230, 21060, 20880, 20500, 20350, 19950, 19550, 19250, 18565, 17950 Chartlage: negativ, oberhalb von 20800 weiterer Erholungsspielraum Tendenz: oberhalb von 20800 aufwärts, unterhalb davon abwärts Grundstimmung: neutral Zum Donnerstag war wichtig ob sich unser Dax auf seiner Bananenschale unter 21000 auf alle Viere legt und zur 20900 / 20800 direkt durchzieht und ggf. gleich noch zur 20424 / 20375. Gerade im Zeitfenster der EZB sollte er auch gutes Konterpotential haben. Sollte ihm aber von Xetra-Beginn an gelingen klar nach oben zu drücken, war die 21310 anpeilen und dann dürften 21400 und 21510 kaum noch vermeidbar sein. Würden die US-Boys dieses Mal mitspielen, wären darüber sogar noch 21650 und 21720 drin gewesen. Würde er aber unter 21000 nach unten kicken, hätte ich dem mehr Raum eingeräumt, solange er da auf roten Kerzen anschieben kann. So die Zusammenfassung der letzten Analyse. Unter 21000 wollte sich unser Dax nun am Donnerstag aber gar nicht zeigen und drückte eher über 21200 nach oben. Dabei reichte es aber gerade mal für 21310 und 21400. Mehr schaffte er nicht, da die US-Boys wieder nicht mitspielten. Und genau die durften am Montag nun schon spielen, während unser Dax noch im Feiertagsmodus ruhte. Dabei rutschten die US-Indizes so deutlich in die Tiefe, dass außerbörsliche Indikationen den Dax am Montag schon um 20800 / 20600 taxierten. Sollte unser Freund nun tatsächlich so tief eröffnen, wäre er klar unter 21000 und könnte bei weiter einsetzender Schwäche dann am Dienstag noch zur 20424 / 20375 durchschieben, wo nochmal guter Support wäre um sich zurück zur 20800 aufzudrehen. Aufpassen sollte man aber, wenn unser Dax von 08:00 Uhr an dann nur nach oben drückt und da weitaus mehr Engagement zeigt, als weiter runter zu schieben. Dann könnte er sich auch einfach zurück an die 20800 und 21000 zurückziehen. Und zuckt keine so deutlich nach unten, dass er anschließend neue Tagestiefs reinspielt, wären darüber dann auch 21200 wieder erreichbar und alles über 21250 muss dann schon wieder bis 21400, 21510 und 21650 angezählt werden. Die Scheine bleiben gleich. Für Aufwärtsstrecken der JT7U4K KO 18000 sowie GQ8FG8KO 16500 und für Abwärtsstrecken der MG510S KO 23920. Fazit: Unser Dax ging es am letzten Handelstag der Vorwoche noch ziemlich ruhig an, davon hielten die Amerikaner zum Ostermontag nicht viel und rissen ihre Futures ein gutes Stück nach unten. Eifert unser Dax dem nach, wäre eine Eröffnung zwischen 20800 / 20600 durchaus möglich. Drückt er sich von Beginn an dann aber wieder nach oben, wären leicht wieder 20800 und 21000 erreichbar. Knallt er sich von dort nicht auf neue Tagestiefs zurück und steigt einfach durch, würden dann auch 21200 wieder folgen und alles oberhalb von 21250 zeigt dann wieder zur 21400, 21510 und auch 21650. Wird er aber in seinen Erholungen wieder kehrend hart nach unten abgewiesen, wäre durchaus denkbar noch in die 20424 / 20375 reinzuspringen. Und schafft er dort keine Drehung hoch zur 20800, sind unten dann auch wieder 20000 und 19670 anzupeilen.