Gold Wave Analysis – 4 April 2025

- Gold broke daily up channel

- Likely to fall to support level 3000.00

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Nikkei 225 Wave Analysis – 4 April 2025

Nikkei 225: ⬇️ Sell

- Nikkei 225 broke support zone

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🗓 Economic Calendar at 2025/04/05 (GMT)

14:00 🇳🇿 Daylight Saving Time Shift

16:00 🇦🇺 Daylight Saving Time Shift


[Updated in real time]

🗓 Economic Calendar at 2025/04/07 (GMT)

14:30 🇺🇸 FOMC Member Adriana D. Kugler Speaks


[Updated in real time]

The crypto market slides down

The crypto market capitalisation took a corkscrew turn over the weekend, falling to $2.35 trillion, a low since mid-2024 and a loss of 11.5% in 24 hours. The market has pulled back to levels seen in early November last year when Trump's victory triggered a break of resistance. At these levels, the market looks emotionally oversold, which increases the chances of a bounce. However, for a rebound to be a reversal, fundamental changes are required, and these are not yet in place.

Crypto market sentiment has returned to the extreme fear zone of 23, which is significantly higher than what we see in equities. Meanwhile, nominal prices are updating multi-month lows. This does not mean that cryptocurrency investors are more confident about the future. Rather, it signals that the sell-off here is more organised, making it more dangerous.

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Silver Wave Analysis – 7 April 2025

- Silver reversed from the support zone

- Likely to rise to resistance level 30.75

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Gold Wave Analysis – 7 April 2025

- Gold reversed from round support level 3000.00

- Likely to rise to resistance level 3100.00

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GBPUSD Wave Analysis – 7 April 2025

- GBPUSD reversed from resistance area

- Likely to fall to support level 1.2700

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CADJPY Wave Analysis – 7 April 2025

- CADJPY reversed from strong support 101.60

- Likely to rise to resistance level 105.00

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Fear and Greed: How to Catch Falling Knives?

Sentiment in financial markets has hit its lowest point in more than five years. The Fear and Greed Index fell to 4 on Friday and fell to just 3 at the start of trading in the new week. In recent history, only a return of the index above 10 was the first early signal of a rebound in growth. We consider a move out of the extreme fear zone, i.e., above the 25 level, to be a more reliable indicator.

Today's index levels are the lows since the end of March 2020, when covid lockdowns stormed markets. Back then, the index's period of single-digit levels lasted from 5 to 23 March. The result was a drop of more than 30% in the S&P 500.

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🗓 Economic Calendar at 2025/04/08 (GMT)

14:00 🇨🇦 Ivey PMI — Exp: 53.2 Actual: 51.3 | 55.6

16:00 🇬🇧 BOE Deputy Governor for Monetary Policy Clare Lombardelli Speaks

18:00 🇺🇸 FOMC Member Mary Daly Speaks


[Updated in real time]

#Shorts
Мария Кухта о перспективах #EURUSD, #Gold

Crypto: A More Subdued Decline, Not Yet a Reversal

The cryptocurrency market found its footing on Monday with the start of active trading in Europe. However, that rebound from the $2.37 trillion level to $2.55 trillion appears to be losing steam. Even at current levels, the decline over the past seven days is over 8%. Without reliable signs of a reversal in the stock markets, the upward momentum could quickly fade. It looks like we are not seeing a reversal but only a stabilisation of the decline.

Bitcoin slipped below $75k at the start of the week, bouncing briefly above $80k on Monday and Tuesday. The technical picture for Bitcoin remains tragic. Earlier this month, a death cross formed when the 50-day average dipped below the 200-day. Last year, a similar signal had the opposite effect, recording a low a couple of days before the signal. But in the last couple of months, the downward trending 50-day has been acting as an effective resistance. In case of a market reversal, a consolidation above the 86k level, where it is now, would be an important signal of a break in the downtrend.

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#Shorts

#GBPUSD: Prolonged Decline

CADCHF Wave Analysis – 8 April 2025

- CADCHF reversed from pivotal resistance level 0.6050

- Likely to fall to support level 0.5935

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Merck Wave Analysis – 8 April 2025

- Merck broke strong support level 81.30

- Likely to fall to support level 75.00

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🗓 Economic Calendar at 2025/04/09 (GMT)

02:00 🇳🇿 ⚡️ Official Cash Rate — Exp: 3.50% Actual: 3.50%

02:00 🇳🇿 ⚡️ RBNZ Rate Statement

06:15 🇯🇵 ⚡️ BOJ Governor Kazuo Ueda Speaks

14:30 🇺🇸 Crude Oil Inventories — Exp: 2200K Actual: 2553K

18:00 🇺🇸 ⚡️ FOMC Meeting Minutes


[Updated in real time]