??? EUR/USD news: ➡️ Trump said on Tuesday that he hopes the US-China trade war will cool down and has no intention of being favorable to Fed's Powell. This works extremely positively to recover the USD. Conflicting economic news between Euro economies also affects any EUR/USD pair in the short term Personal opinion: ➡️ The USD is supported in the short term after the latest conciliatory news from Trump. Therefore, a shortening of the term will create a slowdown for EUR/USD ➡️ Analysis based on important antibiotics - support and Fibonacci quian combined with EMA to come up with a suitable strategy Plan: ?Setting the price zone: ?Sell EUR/USD 1.1400- 1.1410 ❌SL: 1.1450 | ✅TP: 1.1350 - 1.1300 FM wishes you a successful trading day ???
https://www.tradingview.com/x/61iZiVaT/ USOIL SIGNAL Trade Direction: short Entry Level: 64.59 Target Level: 60.50 Stop Loss: 67.30 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 12h 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 COMMENT MY IDEAS✅
Harmonic Structure: Navarro 200 Ethereum's weekly chart showcases a fully formed Navarro 200 pattern, identified by: • A deep B-to-D leg extension (~1.364) — beyond typical harmonic norms, validating the Navarro classification. • Precise internal Fibonacci alignments: - XA retracement to B = ~0.771 - BC extension to D = ~1.364 • Completion of point D in a historical demand area around $1500, indicating a potential reversal zone (PRZ). This harmonic pattern suggests a bullish reversal scenario, contingent on price holding above the $1500 level. Demand Zone: $1500–$1600 This green box zone represents a major accumulation range from early 2023: • High volume support — confirmed by prior consolidations. • On-chain data supports this as a major ETH acquisition zone (1.5M+ ETH bought). • Current bounce from this area following a liquidity sweep reaffirms it as a strong demand base. Failure to hold this zone could invalidate the bullish harmonic setup. Target Zones (Based on Navarro 200 Mechanics) • T1: $2100–$2200 - Historically significant support-turned-resistance. - Converges with structural highs and prior breakdown area from mid-2024. - First logical profit-taking or reaction point following a D-point reversal. • Mid-Zone: ~$2800 Though not labeled as a target, this is a key supply region to monitor: - Past consolidations and price rejection. - Mid-range of the overall pattern. - Also aligns with prior bullish support in 2024 that flipped to resistance. • T2: $4000–$4100 - Strong weekly supply zone marked in red. - Aligns with point C of the pattern. - Also a psychological barrier near the previous all-time high area ($4,868). - Likely to see heavy resistance if price rallies that far. Risks to Watch • Failure to hold the $1500–$1600 demand zone could send ETH into deeper retracement.
?XAU/USD Price Action Update – April 23, 2025 ?Current Price: 3,314.30 ?Timeframe: 15M ?Key Supply Zones (Resistance): ?3346–3349 – Short-Term Supply (recent reaction zone) ?3378–3386 – Higher Timeframe Supply (major reversal potential) ?Key Demand Zones (Support): ?3,292.20 – Intraday Bullish Reaction Zone ?H1 RBS Zone – Strong Reversal Block below 3,230.00 (watch for deep liquidity grab) ?Bullish Outlook: Price tapped into demand and is showing signs of rejection from the 3,292.20 zone. A clean break and close above 3,321.55 (minor structure) could push price toward the 3346–3349 supply. Ideal long entries on bullish engulfing or CHoCH confirmations. ?Bearish Outlook: Failure to hold above 3,292 may invite deeper downside into the H1 RBS zone. Watch for rejection at current supply if price fails to break above 3,321 and returns with lower highs. ⚡Trade Setup Tip: ✅Look for bullish confirmation around 3,292 or deeper ✅Watch for break and retest of 3,321 to target 3346 ✅Keep SL tight below key demand or wick lows #XAUUSD #GoldAnalysis #PriceAction #SmartMoneyConcepts #SupplyAndDemand #FXF #fxforever #ForexTrading #MarketUpdate #BreakOfStructure #LiquidityHunt #IntradaySetups
If price clearly rejects the 1.3335 level (with a strong bearish M15 candle), one might consider a SELL setup with a potential stop-loss above 1.3350 and targets around 1.3310 / 1.3300. If M15 closes above 1.3345, this could indicate a potential BUY opportunity, aiming for 1.3375 with a stop-loss placed below 1.3320. Disclaimer: This is not financial advice, just a personal opinion based on chart analysis.
? EURJPY Market Update H4 chart ? Technical Outlook ?trading in well defined range ?Short-term: BULLS final pump ?Mid-term: BEARS 158.00 ?Status: REVERSAL from S/R ?163.50/165.00 heavy resistances ?158.00/156.00 key s/r zones below ?Price Target Bears: 158 ?Price Target BULLS: 1140/1160 ?strategy: SHORT SELL 163.50 ?SL 75 pips TP1 +300 pips TP2 +500 pips ?swing trade setup for patient traders ? Forex Market Update (April 23, 2025) ?? EUR/USD ? Price: ~1.1380 ? Pressure from strong USD ? Weak German PMI; ECB may cut rates ⚠️ Key Levels: Support 1.1300 | Resistance 1.1400 ?? GBP/USD ? Price: ~1.3300 (Down from 7-month high at 1.3424) ?? USD rebound on Trump's comments ? Market cautious on BoE policy ⚠️ Key Levels: Support 1.3280 | Resistance 1.3420 ?? DXY (US Dollar Index) ? Price: 99.18 (Recovering from recent low 97.92) ?️ Boosted by Trump reassurance on Fed leadership ⚠️ Remains pressured by trade tensions & Fed concerns ? Key Levels: Support 95, 90 | Resistance 101, 107 ? Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
EURUSD April 23 Trade Executed What I saw about this trade that I liked and executed. Framework of my logic Coming into Asia Price had already started its market shift. Price had taken equal lows and was in a discount with liquidity taken. With the huge range created I suspected for Price to draw to the inefficiencies and potentially the 50 level was my target. Factors I need for my model (smaller timeframe analysis) *Price is in a discount with liquidity taken *18:39 candle creates a FVG and energetic rally *19:00 doesn't even make back to the FVG *20:00 price opens in Asia to rally *20:09 enter First target .50 level at equal lows1.14294 I took this trade. When Price started to break down I could have managed better and been happy with 45 to 40 pips and closed the trade. I watched it break down and did not want to close the trade, so I lost the profits but nothing else as I had my stop loss at my entry. I am happy that I did not freeze. I am happy sound logic with targets outlined. I am happy that I took this trade. What I will do in future is manage tighter and not loose my profits. Still a very good happy trader. I used the Short tool to illustrate what I did achieve in my idea and I thinks ok to celebrate that.
YGG is oversold, did double bottom correction and has same pattern as Tara had before it bounced to test ATH range. Expect same move from YGG - test of ATH range then bigger correction which if it forms HL above fibb 0.618 opens path to new ATH targets.
"Regarding WTI oil, the price trend on high time frames is bearish, especially on the daily chart. After completing its pullback on the 4-hour chart, there are indications of further downside potential. The market's volatility may be influenced by geopolitical tensions and political factors between Iran and the USA, as well as tariff issues. Despite these fluctuations, candle formations suggest the potential for prices to drop towards the $58 zone." If you require more assistance or have any specific questions, feel free to ask!
At the end of the Asian market, spot gold maintained a sharp decline in the day. The current gold price is around $3,305/ounce, and it plummeted during the day. Gold prices fluctuated this week, hitting a record high of $3,500/ounce, and then encountered resistance and fell to the $3,300/ounce level. The main reason for the record high in gold prices was that the market was worried that the Federal Reserve would lose its independence after US President Trump verbally attacked Federal Reserve Chairman Powell. US President Trump said on Tuesday evening local time that he had no intention of firing Federal Reserve Chairman Powell. Trump also said that tariffs on Chinese imports would be "substantially" reduced from the current 145%. Quaid believes that the hope of easing Sino-US trade tensions has driven a positive shift in risk sentiment and a recovery in the US dollar. Investors used this as an excuse to take profits on their gold long positions. Latest trading analysis: The gold daily chart shows that the 14-day relative strength index (RSI) has fallen back from the overbought area to the bullish area. The latest decline in this leading indicator supports a new round of decline in gold prices. However, as long as gold prices can hold the $3,300/oz level, gold buyers still have hope. If the gold correction deepens, gold prices may challenge the 21-day simple moving average (SMA) of $3,163/oz. Before that, the $3,200/oz mark may provide some support for buyers. On the other hand, if the upward trend resumes, gold prices may re-break through $3,400/oz and then aim for the historical high of $3,500/oz. Gold has been volatile recently. If traders are not doing well in gold operations at present, I hope Quaid's analysis can make your investment smooth. Welcome all traders to communicate.