Get started

Signals

EUR/USD: What to Expect - Trump vs FED!The EUR/USD has recently shown a recovery phase after reaching the late-September high near 1.1150 last Thursday, initially supported by the weakness of the US dollar following fears of stagflation in the United States, fueled by tariff announcements from President Trump. However, the scenario changed rapidly after the release of Nonfarm Payrolls (NFP) data and Jerome Powell’s speech last Friday. Employment data showed NFP growth in line with expectations, but also an increase in the unemployment rate, signaling a less solid labor market than anticipated. During his speech, Powell expressed concerns about the resilience of the US economy, highlighting the risk of an economic slowdown while at the same time reiterating the focus on inflation, maintaining a cautious approach regarding further monetary easing policies. From a technical perspective, the chart shows that the area around 1.0980-1.1000 represents a crucial zone to assess the sustainability of the bullish trend. A daily close above this level could trigger a new upward push towards the highs of 1.1100 and subsequently 1.1150, especially if supported by further signs of dollar weakness or positive European economic data. If the EUR/USD fails to hold above 1.1000, we could see a pullback towards the support at 1.0950 and subsequently 1.0900. The critical support area on the chart is identified between 1.0360 and 1.0280, and a break below these levels would indicate a significant change in market sentiment.
Short
by EdgeTradingJourney
1
GOLD MARKET ANALYSIS AND COMMENTARY - [April 07 - April 11]This week, the price of OANDA:XAUUSD increased sharply from 3,076 USD/oz to 3,168 USD/oz, then made a "reverse" move to 3,015 USD/oz and closed this week at 3,038 USD/oz. The reason why the price of gold increased sharply to 3,168 USD/oz in the trading session on April 3 was because US President Donald Trump decided to impose reciprocal taxes from 10% to 49% on many trading partners. However, it was also because of the tariff issue that caused the gold price to break the upward trend right after the Trump administration announced a list of tariff exemptions for many goods. Meanwhile, many countries have also proactively negotiated with the US to reduce import taxes on US goods, import more goods from the US to contribute to gradually balancing the trade balance with the US so that the Trump administration can remove tariffs. In addition, the US non-farm payrolls (NFP) data for March unexpectedly jumped to 228,000 jobs, much higher than the forecast of 137,000 jobs. This shows that the US labor market is still positive, causing investors to believe that the FED may continue to delay cutting interest rates. In addition, FED Chairman Powell also said that the Trump administration's recent reciprocal tariff policy will cause inflation to increase for a long time, risking pushing the US economy into recession. This implies that the FED will not cut interest rates in the upcoming meetings. In particular, the stock market has fallen too sharply, causing investors to close profitable gold investment positions to add margin (cover losses) for stocks. According to many experts, gold prices may continue to adjust next week, but will not fall too deeply. Because the Russia-Ukraine war and armed conflicts in the Middle East are still complicated. Moreover, China has just imposed an additional 34% tax on all US goods. Without hesitation, Canada also imposed a 25% import tax on all cars imported from the US that are not eligible for preferential treatment in the US-Mexico-Canada Agreement (USMCA). If more countries retaliate against the US like China and Canada, the trade war will become increasingly heated, pushing the world economy into instability, increasing the role of gold as a safe haven. 🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK: Inflation and the Fed will be back in the spotlight next week, with the release of the minutes from the Federal Open Market Committee’s (FOMC) March monetary policy meeting on Wednesday. This will be followed by the US consumer price index (CPI) report for March on Thursday, and the producer price index (PPI) on Friday. Friday morning will also see the latest preliminary survey of consumer sentiment from the University of Michigan – a key indicator of how Americans feel about the outlook for the economy. 📌Technically, observing the H4 chart, it is necessary to pay attention to the important support level at 3,000 USD/oz. If next week the gold price trades above this level, it can re-enter the correction phase to 3085. In case the 3000 round resistance level is broken, the gold price will continue to be under selling pressure, causing the price to drop to around 2,900-2,950 USD/oz. Notable technical levels are listed below. Support: 3,019 – 3,000 USD Resistance: 3,050 – 3,056 USD SELL XAUUSD PRICE 3093 - 3091⚡️ ↠↠ Stoploss 3097 BUY XAUUSD PRICE 2988 - 2990⚡️ ↠↠ Stoploss 2984
OANDA:XAUUSD
by Xayah_trading
1
NZD_USD RISKY LONG| ✅NZD_USD has hit a key structure level of 0.5520 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by ProSignalsFx
1
USOIL Will Move Higher! Buy! Here is our detailed technical review for USOIL. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 62.526. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 65.043 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILLong
by SignalProvider
1
GBPUSD Is Bullish! Long! Take a look at our analysis for GBPUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.289. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.326 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
ICPUSDT READY TO FLY AGAIN ?? ICPUSDT is currently forming a classic falling wedge pattern on the chart, which is widely recognized as a bullish reversal signal. The price has been compressing within this narrowing range and is now approaching a key point where a breakout is highly likely. With strong support being respected and buyers gradually stepping in, the setup is aligning well for a potential upside move. Volume levels have been steadily increasing, confirming growing investor interest in Internet Computer (ICP). This increasing participation from traders and investors alike can often serve as a reliable indicator that a breakout may occur soon. Technical indicators such as RSI and MACD are also hinting at a momentum shift that aligns with a bullish scenario. Given the strength of this chart formation and the positive volume dynamics, ICPUSDT could potentially see a price gain in the range of 90% to 100%+ from current levels. The risk-to-reward ratio is favorable, especially for those who are entering early before the breakout confirms with stronger candles above resistance. A retest of the wedge breakout, if it happens, could also provide a second opportunity to enter. ICP is also gaining traction among long-term investors due to its unique blockchain technology aimed at decentralizing the internet. The ongoing development and community support around the project adds more fundamental strength to this setup. Keep an eye on it for confirmation of the breakout! ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
COINBASE:ICPUSDLong
by Alpha-GoldFX
1
AUD-NZD Massive Long! Buy! Hello,Traders! AUD-NZD has also fallen Down by a lot last week And we think that the Initial panic move is over So as the pair is oversold And is about to retest a Horizontal support of 1.0740 A strong bullish correction Is to be expected on Monday Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
1
SILVER Strong Support Ahead! Buy! Hello,Traders! SILVER got decimated By the bears last week And lost almost 15% Of its value, which is Clearly an overreaction And an oversold situation So after the potential retet Of the strong horizontal Support below around 28.97$ On Monday we are likely To see a bullish correction Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAGUSDLong
by TopTradingSignals
1
Lingrid | ETHUSDT approaching Key SUPPORT LevelBINANCE:ETHUSDT market has been moving sideways throughout the month, with the price gradually approaching the support level around 1700. The current month has closed bearish, and there is a possibility that the price may dip below the previous month's low before making a move higher in the long term. As we approach the mid of the current month, there seems to be a potential for the price to start moving upward. I anticipate that the price may briefly go below the 1700 level and then bounce back if it forms a fake breakout. This could present a buying opportunity, especially if the price shows signs of reversal after testing that support level. My mid-term goal is resistance zone around 2300. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
9
EURUSD Is Very Bearish! Sell! Please, check our technical outlook for EURUSD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.096. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.084 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1