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Fundamental Analysis

USD/CAD ConsolidatesUSD/CAD Consolidates In the second half of April, the USD/CAD chart has shown a decline in volatility following significant spikes observed since February. The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over the past week, as market participants assess what a fair USD/CAD rate might be, given the evolving news backdrop: → The US dollar gained upward momentum on hopes of easing trade tensions between the US and China, although the information remains conflicting — Trump claims negotiations are ongoing, while Beijing denies this. → Oil prices — a key Canadian export — have recovered by more than 10% from their April lows, providing support for the Canadian dollar. → Economic data published this week suggests a cooling in the Canadian economy: employment is declining, and the pace of average wage growth has slowed to 5.4%. → Although an important political event — the Canadian Parliamentary elections — is set to take place this weekend, it appears to have had little impact on the USD/CAD exchange rate so far. Trade tariffs between the US and Canada likely remain the dominant concern. Technical Analysis of the USD/CAD Chart Price fluctuations have formed a descending channel that originated in March. From a bearish perspective, resistance may be encountered at: → the median line of the channel; → the psychological level of 1.400. From a bullish perspective: → the price has formed a rounding bottom pattern near the 1.380 level; → the lower boundary of the channel is acting as significant support. It is possible that the weekend will bring key developments that could act as catalysts, breaking the established range between 1.390 and 1.380. 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.
by FXOpen
1
Why Coinbase (COIN) Shares Are RisingWhy Coinbase (COIN) Shares Are Rising As the Coinbase (COIN) stock chart shows, trading closed yesterday above the $200 mark — for the first time since March. Since the beginning of April, COIN's share price has risen by nearly 20%, while the S&P 500 index (US SPX 500 mini on FXOpen) has declined by approximately 2%. Bullish Drivers Behind COIN’s Price Rise According to media reports, several factors are contributing to the bullish momentum: → Yesterday’s announcement that Coinbase and PayPal are expanding their partnership in the areas of crypto payments and decentralised finance (DeFi). The collaboration aims to increase the adoption of the PYUSD stablecoin and integrate it into merchant settlements. → The anticipated adoption of US stablecoin legislation, designed to establish a regulatory framework for the use of stablecoins. This is being supported by the Trump administration’s progressive stance on cryptocurrencies, including the appointment of crypto-friendly officials, the creation of a strategic crypto reserve, and other pro-crypto initiatives. Technical Analysis of COIN Stock The psychological level of $150, which served as strong support in 2024, has proven resilient again in April 2025. However, despite the rapid rise in price from $150 to $200 in under three weeks, there are reasons to believe that bullish sentiment may begin to fade: → The COIN share price remains within a downward trend, highlighted by a channel originating in early 2025. → The upper boundary of the channel may act as a resistance level. → Bears have previously demonstrated control in the $225–240 zone, where the price declined sharply (marked with a red rectangle). 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.
NASDAQ:COIN
by FXOpen
1
EURUSD → Accumulation of liquidity before continued growthFX:EURUSD currency pair is forming a trading range within a global and local uptrend. Before continuing its growth, the market may form a false breakout. Against the backdrop of the falling dollar, the euro is strengthening and has gained 13% over the past four months, which is a fairly significant growth indicator for the currency pair. Fundamentally, the US is trying to achieve a rapid reduction in interest rates, which may continue to support the euro... Technically, the price is consolidating against the backdrop of a global and local uptrend. A correction is forming towards the support zone, where there is a fairly large pool of liquidity... Resistance levels: 1.1392, 1.1439, 1.1481 Support levels: 1.130, 1.127 The price is heading towards support, namely, the market is interested in liquidity below 1.13 - 1.127, which must be tested in order to build up potential before the bullish trend possibly continues. Best regards, R. Linda!
Long
by RLinda
4
SP500 what to expect next?As a seasoned trader with over a decade of experience navigating the markets, I’ve been closely monitoring the S&P 500’s current price action. The index is presently confined within a well-defined range, with resistance at 5,528 and support at 5,146, based on recent price behavior. We’ve observed a notable deviation below the lower boundary of this range, which often signals a potential reversal or absorption of liquidity before a move higher. My analysis suggests the next likely target is the upper boundary of the range at 5,528, coinciding with a weekly Fair Value Gap (FVG) that has yet to be filled. Should the price approach this zone, I anticipate a strong market reaction, potentially driven by aggressive order flow as participants defend or challenge this key level. If the weekly FVG is invalidated—meaning price sweeps through this area without significant rejection—the S&P 500 could be poised to break out and target new all-time highs from its current position.
CME_MINI:ES1!Long
by Almenio
Investors Turn to Gold as Tariff Tensions PersistGold is trading near $3,330 on Friday and is on track to record its third consecutive weekly gain. The increase in prices is primarily driven by heightened safe-haven demand, as uncertainty surrounding a potential U.S.-China trade agreement continues to weigh on investor sentiment. Although Chinese officials have publicly denied the continuation of negotiations, President Trump stated that discussions are still in progress. Adding to the cautious outlook, U.S. Treasury Secretary Scott Bessent emphasized that any progress would depend on the reduction of existing tariffs, reinforcing market skepticism about a near-term resolution. Key resistance is at $3410, followed by $3,500 and $3,600. Support stands at $3315, then $3290 and $3250.
EIGHTCAP:XAUUSD
by ChartMage
Bitcoin Surges and Gold Falls: Risk Appetite RisesBy Ion Jauregui – ActivTrades Analyst Friday’s session sends a clear message to financial markets: risk appetite is roaring back, and investors are shifting their positions accordingly. While Bitcoin heads for its best week since March—fueled by geopolitical expectations and signs of a softer U.S. trade policy—the gold market, traditionally a haven in times of uncertainty, is undergoing a mild pullback from its record highs. Bitcoin Tops $93,000 and Eyes Weekly Gains The leading cryptocurrency, Bitcoin (BTC), climbed to $93,300, marking a near 10% gain for the week after briefly touching $94,000 on Wednesday. This rebound represents a sharp reversal from the caution seen in recent weeks and largely reflects a shift in tone from Washington. President Donald Trump withdrew his threat to remove Federal Reserve Chair Jerome Powell, a move interpreted as an institutional stability signal. He also hinted at potentially lowering tariffs on China, easing market tensions and benefiting higher-volatility assets like cryptocurrencies. Although Beijing officially denied any trade talks, Bloomberg reports suggest China is considering exempting certain U.S. goods from its 125% tariffs, stoking hopes for a de-escalation. In this context, Bitcoin, which has historically reacted to geopolitical uncertainty and market sentiment, has drawn investor interest as a speculative asset with upside potential amid greater liquidity and less trade friction. BTC/USD Technical Analysis A long-term Bitcoin chart reveals that the Fibonacci retracement has returned near the 61.0% level, currently sitting just below it. The Point of Control (POC) is around $84,568, significantly below today’s price of $93,617. The Relative Strength Index (RSI), at 55.84, shows no signs of extreme overbought conditions. Should the current resistance level be decisively broken, Bitcoin could surge toward $98,000, reclaiming territory lost in late February. Conversely, if momentum falters, a pullback to the 50% Fibonacci retracement—around $90,822, the previous resistance—becomes more likely. Gold Pulls Back from Record Highs On the flip side, spot gold fell 0.9% to $3,318.28 per ounce, while June futures slipped 0.6% to $3,328.67. These modest declines come after gold reached a historic peak of $3,500 earlier this week. The primary catalyst for the pullback has been renewed risk-on sentiment, driven by strong earnings from tech giants Alphabet (+2.5%), Amazon (+3.3%), and Nvidia (+3.6%)—all benefiting from the AI boom and boosting confidence in growth assets. Additionally, a rebound in the U.S. dollar, which had hit three-year lows, pressured precious metals. Yet gold remains elevated, underpinned by structural factors like persistent inflation, Middle East conflicts, and broader geopolitical tensions. A New Balance Between Safe Havens and Speculation This week’s action underscores a temporary shift in investor priorities. With signs of trade détente and no surprises from central banks, capital is moving from defensive assets into higher-return, speculative vehicles such as cryptocurrencies. Other altcoins have also performed well: Polygon is up 11%, Cardano +4.4%, Solana +2.7%, while Ethereum holds steady near $1,770. Although the backdrop remains fragile—trade talks remain uncertain and global risks linger—the market’s narrative has turned cautiously optimistic. This shift positions Bitcoin as a hybrid asset, straddling the line between a digital haven and a high-risk investment. Conclusion The divergent performance of Bitcoin and gold highlights the market’s current duality: optimism with reservations. If trade-tension relief takes hold, digital assets could see further gains. Conversely, renewed conflict would likely propel gold back into the spotlight as the premier store of value. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.
ACTIVTRADES:BTCUSDLong
by ActivTrades
SOL in coming weeksThe SOL will increase $150 and reach to the top of the wedge in the coming weeks . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Say hello to the 75-cent Dogecoin!So if you pay attention to the DOGECOIN chart you can see that the price has formed a Ascending FLAG which means it is expected to price move as equal as the measured price movement.( AB=CD ) NOTE: wait for break of the FLAG . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Weekly Market Recap | DXY, Gold, Bitcoin – What Just Happened? In this week’s market recap, we break down the key economic and political events shaking up the financial markets: 💥 DXY makes a short-term comeback — but is the dollar still on a long-term decline? 🏆 Gold pulls back from record highs — are dip-buyers already stepping in? 🚀 Bitcoin bounces back — is it acting like a risk asset or a safe haven? We dig into: The impact of easing Sino-U.S. trade tensions Weak U.S. PMI data and Fed policy expectations Goldman Sachs' bearish outlook on the dollar Why institutional demand continues to fuel gold and crypto 🎯 Plus, I share my forecast for the U.S. dollar and what traders should watch next. Whether you're trading currencies, gold, or crypto, this recap will give you the clarity and edge you need going into the new week.
BINANCE:BTCUSD
by DeanMuller
2