The pair seems to be in a corrective mode currently. The 90-min chart still has some underlying weakness, but overall we are improving. I feel we may have a chance to test 1.3990 and en-route 1.4078 recovery level. Strategy BUY @ 1.3875-1.3900 and take profit near 1.4067 for now.
Gold technical analysis: Today, the gold price continues to rise strongly. It has risen all the way to more than 80 US dollars. So can it continue to rise? From the long-term chart, the bulls have not changed. Long is definitely the main idea. But you must pay attention to the risks in the short term. Because the increase from 2958 to the present has exceeded more than 340 US dollars. And today's single-day increase is as much as 70 US dollars. So you still need to pay attention to the risks that should be paid attention to in the short term. But don't guess the top too often. Even if you want to guess the top, you must have risk control. You can't trade based on your own sensory thinking. It has risen sharply from the high point of 3230 yesterday, and has risen nearly 80 points from the low point. It is also trending to hit a new high. Once it breaks the high again, it will continue to hit the 3330-50 line. The next big target of the weekly pattern and segmentation cycle is 3400. It will probably reach it after a few waves of pull-ups. The weekly line rose last week and needs to rise this week. The current focus is still on falling back or breaking through and following the long position. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European trading. The key watershed below may be at the previous top and bottom conversion point of 3245, while the upper pressure is focused on 3330-3350. Overall, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The upper short-term focus is on the 3330-3350 resistance line, and the lower short-term focus is on the 3275-3280 support line. Short order strategy: Strategy 1: When gold rebounds around 3330-3333, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3305-3290, break to 3280 Long order strategy: Strategy 2: When gold falls back to around 3275-3280, buy long positions in batches (buy up) with 20% of the position, stop loss 6 points, target around 3310-3330, break the position and look at 3350
Ethereum might see one nasty fall pretty soon with the current dominance that sellers are showing on the markets. Despite having a HUGE CME gap, we do not see any signs of recovery after yesterday's choppy movement, where price got rejected from 100EMA. If we see further pressure from sellers just like that, we will see $1400 pretty soon, leaving the CME gap for later. Swallow Academy
The CAC40 continues to exhibit bearish sentiment, aligning with the prevailing downward trend. Recent price action suggests that the index experienced an oversold rally, which was subsequently rejected near a key resistance zone — the previous intraday consolidation level around 7454. This area now serves as a critical pivot point. A failure to break above 7454, followed by renewed selling pressure, would likely confirm a bearish reversal, with downside targets at: 7170 – Near-term support 7000 – Medium-term support 6828 – Long-term support level However, if price breaks and closes firmly above 7454 on a daily basis, the bearish scenario would be invalidated. In that case, the DAX40 could extend gains toward: 7592 – Immediate resistance 7754 – Major upside target Conclusion The bias remains bearish below 7454, with rallies into that level offering potential short opportunities. A daily close above 7454, however, would shift sentiment and open the door for bullish continuation toward higher resistance levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Recent set of delistings (Binance as biggest) completly crushed the UFT price. Now we can see descending triangle pattern where price broke to the downside. Technical target for this pattern is 1:1 move meassured from top to bottom of triangle. So price can dip a bit more but we are already creating oversold conditions which I believe will resolve in bounce up to test breakout range and then likely test of bottom again. We can start thinking about bull scenario only once/if price wicks wave X pivot and corrects back to form higher low (ideally holds above triangle pattern).
SNBL is most probably in wave C of wave B or 2 If our wave count is correct then we are in wave 1 of wave C which will target 13.60 - 13 range but first it has to take out the below teal color trendline, there is a possibility that prices might start rising taking support from this trendline starting wave 2 but most probably prices will go down to 13.60 - 13 level. This count of bearish wave C remains valid until prices goes above 22.50, once price breach 22.50 we will enter long position targeting 29.20 which aligns with our alternate count. We are looking to take 2 trades out of this setup, first will be a long position as wave 2 & once wave 2 gets completed, we will enter short sell position as wave 3. Will share trade setups in due course. We are bearish on SNBL and our preferred wave count target is 7.80 - 6.50 range on the long term charts. Let see how this plays, Good Luck! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Event to pay attention to today: 15:30 EET. USD - Retail Sales 20:30 EET. USD - Federal Reserve Chairman Jerome Powell Speaks EUR/USD is trading in positive territory around 1.1285 during the early Asian session on Wednesday. The US dollar (USD) is currently trading near a three-year low against the euro (EUR) as trade tensions persist. On Monday, Federal Reserve Governor Christopher Waller said that the Trump administration's tariff policy was a major shock to the US economy that could force the central bank to cut rates to prevent a recession even if inflation remains high. At the same time, Atlanta FRB President Raphael Bostic said the Fed should hold rates until there is more clarity. The European Central Bank (ECB) is expected to cut interest rates by 25 bps on Thursday amid growing recession fears related to US tariffs.Analysts believe the ECB may cut all three key interest rates at its April meeting on Thursday. The ECB cut interest rates for the second consecutive time in March, bringing the deposit rate to 2.5 per cent. Further cuts would bring the rate down to 2.25%. Trade recommendation: SELL 1.1260, SL 1.1360, TP 1.1080
The FTSE 100 Index remains in a bearish structure, with recent price action confirming a break below the prior consolidation zone, indicating potential for further downside. Key Resistance: 8224 – former support turned resistance, aligning with the intraday consolidation area. Support Levels: 7760 – near-term target if bearish momentum continues 7645 and 7522 – medium to long-term downside objectives An oversold bounce may occur, but unless price breaks and closes above 8224 on the daily chart, the bearish outlook remains intact. Conversely, a confirmed breakout above 8224 would invalidate the bearish bias and open the path to test 8305, with 8460 as a secondary resistance. Conclusion The FTSE bias is bearish below 8224. Watch for a rejection at that level to confirm downside continuation. A daily close above 8224 would shift the outlook to bullish. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The price has perfectly fulfilled my previous forecast . OANDA:XAUUSD market has established another new all-time high and continues pushing toward higher levels. The price has now reached a resistance zone at 3300, potentially marking an area where we might see a rollback—creating an opportunity to go long. The price has formed a range zone around the 3225 level, and this support might serve as an optimal area to look for buy signals. Furthermore, an upward trendline sits below this range, having previously acted as both support and resistance. Given today's scheduled high-impact news, we should anticipate increased market volatility. My goal is resistance zone around 3390 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
? Technical Analysis Support and Uptrend SOL/USDT has formed higher lows along the uptrend line and is now testing the $120-125 support area. Resistance area Key resistance is at $135; a breakout could trigger an acceleration of the upside. Outlook Scenario Price may retest the $135 level in the near term, with bullish momentum strengthening. ? Fundamental Analysis Solana is gaining momentum thanks to growing DeFi volume and high developer activity, which boosts investor confidence. ✨ Summary Technical and fundamental signals coincide - watch $135 for breakout confirmation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!