This week, global markets are offering mixed signals.
While equities continue to show strength, gold and Bitcoin are holding steady, and the U.S. dollar is flexing its muscles across the board.
Whether you’re trading with MT4 or MT5 on Trade245, here’s what to watch.
DAX: Momentum Builds in European Stocks
Germany’s DAX index is holding firm after a strong bounce from the €23,500 level.
The recent upside gap was filled and buyers stepped in with confidence.
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Support: €23,500
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Next target: €25,000
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Trend: Bullish continuation with strong momentum
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USD/JPY: Dollar Strength Remains Unshaken
The USD/JPY pair is holding above key support at ¥145, driven by diverging monetary policies.
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Why it matters: Japan maintains ultra-loose policy while U.S. yields are climbing.
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Outlook: Bullish unless a surprise shift comes from the Bank of Japan.
Gold: Can It Reclaim $3,200?
Gold closed just below $3,200—psychological resistance in the short term.
Prices are still trading inside a descending channel.
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Current trend: Bearish short-term bias
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Watch level: A clean break above $3,200 could flip momentum bullish again
₿ Bitcoin: Consolidating Before the Next Move?
Bitcoin has been range-bound this week but remains structurally bullish.
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Support: $100,000 is holding
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Next targets: $106,000 and $110,000
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Sentiment: Market is digesting recent gains, potentially prepping for a breakout
📊 NASDAQ 100: Bulls Eye New Highs
Tech stocks are surging again, pushing the NASDAQ 100 past 21,000.
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Next level: 22,000 all-time high in sight
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Support zones: 20,000–21,000 range
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Bias: Buy-the-dip remains in favour
USD/CAD: Greenback Gaining Ground
The USD/CAD pair is showing renewed momentum despite occasional pullbacks.
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Support reaction: Bounce from key levels
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Watch: Break above the 200-Week EMA could confirm bullish continuation
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Driver: Trade uncertainty between the U.S. and Canada
GBP/USD: Repeated Rejections at Resistance
The pound is struggling against the dollar, failing to break 1.34 on three attempts.
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Pattern: Triple top with shooting stars
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Outlook: Bearish unless 1.35 is cleared
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Strategy: Short-term rallies likely to be sold
EUR/USD: Bearish Reversal Confirmed
The euro tried to rally but failed. After gapping lower and filling the gap, it reversed hard—signalling a return to the bears.
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Key levels: 1.0950 support; 1.12–1.13 now resistance
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Bias: Downside remains intact
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Trade245 Insight: Stay Flexible
While equities look strong, FX pairs and commodities like gold still show hesitation.
The market is dominated by momentum—but it’s also sensitive to central bank decisions and upcoming inflation data.
Key advice this week:
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Stick to the charts and respect levels
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Keep your risk management tight
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Trade what you see, not what you feel
👉 Log into your Trade245 dashboard or mobile app to monitor these setups and manage your positions on the go.
