Technical My Tips

📊 New tariffs boost gold significantly The gold (XAU) price rocketed by over 3% on Wednesday. Investors flocked to the safe-haven asset in response to escalating U.S.-China trade tensions triggered by additional U.S. tariffs imposed by President Donald Trump. 👉Possible effects for traders XAUUSD recorded its largest daily gain yesterday since October 2023 as traders view gold as the ultimate safe-haven asset amid rising geopolitical uncertainty and macroeconomic instability. Yesterday, Trump authorised a 90-day pause on new tariffs for most countries while increasing tariffs on imports from China towards 125%. Concerns that tariffs would trigger inflation and impede economic growth led investors to seek safety in gold. According to FOMC minutes, Federal Reserve (Fed) policymakers were nearly unanimous last month in warning that the U.S. economy faces risks of higher inflation and slower growth. Some noted that 'difficult tradeoffs' may lie ahead. 'Gold continues to be seen as a hedge against instability here. We got a situation where tariffs are becoming a big problem, and you have inflationary expectations going higher, and that's manifested by higher yields', said Bart Melek, head of commodity strategies at TD Securities. According to the CME Fed Watch tool, traders are now pricing in a 72% chance of a rate cut in June by the Fed. XAUUSD rose during the Asian and early European trading sessions. Trade tensions continue to affect the market, so traders should monitor upcoming news about U.S. tariffs. In addition, the upcoming U.S. Consumer Price Index (CPI) report at 12:30 p.m. UTC may add extra volatility to all USD pairs, including XAUUSD. The market expects a 0.3% rise in monthly core inflation and a 3% annual increase. If the report reveals higher-than-expected inflation, XAUUSD may drop slightly. Data about slowing inflation will likely give XAUUSD a significant boost. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊 Trade tariff changes affect euro Initially, the euro (EUR) rallied strongly against the U.S. dollar (USD) but later lost most gains and finished the day essentially unchanged. 👉Possible effects for traders Yesterday was quite a dramatic and volatile day for Forex traders as U.S. President Donald Trump announced a 90-day pause in tariffs. He also lowered tariffs on all countries to 10% during those 90 days and increased duties on Chinese imports towards 125%. The U.S. stock market rallied on the news, and general sentiment improved, but uncertainty remains. 'Markets can only sustain extreme conditions for so long before exhaustion sets in. The 90-day suspension does allow nice breathing room to allow negotiation to settle in, and market valuations have clearly been reset. Yet, the uncertainty for companies remains', said Carol Schleif, Chief Market Strategist at BMO Private Wealth. Meanwhile, the sentiment inside the European Central Bank (ECB) remains rather pessimistic. According to Reuters, the ECB predicts a sharper-than-expected eurozone economic downturn triggered by trade tariffs. One senior official said that the worst-case economic scenarios are now unfolding in real time. José Luis Escrivá, the governor of the Bank of Spain and a member of the ECB's governing council, told the Financial Times that the tariffs imposed by Donald Trump were delivering a 'very significant negative shock on economic activity'. Officials also stressed that the euro is an alternative to the U.S. dollar in global trade and that trade disputes could affect the U.S. dollar's status as a reserve currency. The ECB had earlier estimated that a full trade war with the US could reduce the eurozone GDP growth rate by 0.5 percentage points in the initial year. Fundamentally, the pressure on EURUSD remains slightly bullish as investors believe that the Federal Reserve (Fed) will pursue a more dovish monetary policy than the ECB. However, these expectations can change at any point as the narrative surrounding global trade tariffs unfolds. EURUSD rose during the Asian and early European trading sessions. Today, investors and traders should continue monitoring news about trade tariffs as they can significantly shift market sentiment. Also, the U.S. Consumer Price Index (CPI) report at 12:30 p.m. UTC may add volatility to all USD pairs, including EURUSD. The market expects a 0.3% rise in monthly core inflation and a 3.0% annual increase. If the CPI numbers are higher than expected, EURUSD may drop significantly. Otherwise, EURUSD will likely rise slightly on lower-than-expected inflation data. Key levels to watch are resistance at 1.10150 and support at 1.09270. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊 CAD rallies on new updates of trade tariffs The Canadian dollar gained 1.26% against the U.S. dollar (USD) on Wednesday. Investors' sentiment improved following U.S. President Donald Trump's decision to pause reciprocal tariffs for 90 days. 👉Possible effects for traders USDCAD has been in a downward trend since the beginning of February as traders have become more bearish on the USD, fearing that the U.S. economy will slow due to rising trade tariffs. Yesterday, CAD experienced the strongest rise in nearly three months as a sudden change in the U.S. on tariffs bolstered the outlook for the global economy. The USDCAD exchange rate is closely linked to commodity prices. Thus, when the prospect for the global economy improves, commodities—particularly crude oil—rally and USDCAD drops. 'The global growth outlook looks better is the bottom line for the Canadian dollar right now. Extreme reciprocal tariffs were likely to create a worldwide recession, and now it's clear it was all a negotiating tactic', said Adam Button, chief currency analyst at ForexLive. Also, Japan's Ministry of Finance said that Canada and Japan have agreed to cooperate to maintain stability in financial markets and the global financial system. As for the monetary policies, there is no noticeable divergence in monetary policy expectations between the Federal Reserve (Fed) and the Bank of Canada (BoC). Both central banks are currently expected to deliver roughly three 25-basis-point rate cuts in 2025. USDCAD fell during the Asian and early European trading sessions. Traders should continue monitoring U.S. trade policies as any news can significantly shift market sentiment. Also, the U.S. Consumer Price Index (CPI) report will come out at 12:30 p.m. UTC and add extra volatility to all USD pairs, including USDCAD. The market expects a 0.3% rise in monthly core inflation and a 3.0% annual increase. If inflation is higher than expected, USDCAD may rise significantly. If the CPI number is below the forecast, USDCAD will likely fall slightly. Key levels to watch are resistance at 1.41500 and support at 1.40300. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

#economic_calendar These events may affect the market on 10 April.

Let today be a reminder that strength lies in stillness and true wisdom in kindness. 🙏✨ #MahavirJayanti

The Magnificent Seven pulled in over $2T in revenue last year — and Amazon alone made up nearly a third of that. While Nvidia’s revenue is the smallest in the group, its triple-digit growth rate outpaces everyone. Here’s how each stock performed based on their latest full-year results. Trade Stocks:

Watch Free 🔴 Live Match 🏏 Play Games And Win Real Cash 🤑 Welcome Bonus 500rs Sign Up Now👇 ✔️ Link:http://bit.ly/3zeqJ2L USE PROMO CODE FOR 150% DEPOSIT BONUS ➡️ SMT150 JEET150

📊Join For Free ➡️TLT QUOTEX TRADING channel. Make profit together.📊 Join Now 👇👇👇👇👇👇👇👇👇👇👇   https://t.me/+u5QKtCP9W3kwNTc1

➡️You Can Join Quotex From Link Below 💥 ➡️Start With Free Demo Account & Get 700'000 Demo Balance ✅ ➡️Quotex Link: https://tlt.ink/quotex Use Promo Code ➡️ 50TMT , 50TLT

Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

📊 Rising economic uncertainty supports demand for gold The gold (XAU) price failed to rally on Tuesday and finished the trading session essentially unchanged as U.S. Treasury yields continued to rise. 👉Possible effects for traders Still, the weakening U.S. dollar (USD) and escalating trade tensions between the U.S. and China continue supporting gold prices. Investors now seek safe-haven assets amid global geopolitical and macroeconomic uncertainty. 'Despite falling for three consecutive sessions, gold remains bullish with trade tensions and the prospect of lower U.S. interest rates boosting its allure. A solid breakout above $3,055 may open the doors back toward $3,100 and $3,130. Sustained weakness below $3,000 could see gold slip toward $2,950 and $2,930', said Lukman Otunuga, senior research analyst at FXTM. Following U.S. President Donald Trump's 2 April announcement of reciprocal tariffs, worries about a global trade war have intensified. Moreover, reports emerged yesterday that the U.S. will impose a significant 104% tariff on Chinese goods after Beijing failed to remove its retaliatory tariffs on U.S. products. The U.S. dollar has been falling, making bullion less expensive for other currency holders. In addition, investors now have a rather dovish view of the Federal Reserve's (Fed) future monetary policy, providing an additional fundamental boost to XAUUSD. 'The significant rise in rate cut expectations in recent days suggest that the gold price will soon rise again', Commerzbank said in a note. XAUUSD rose during the Asian and early European trading sessions. The market will now pay close attention to any tariff-related news. Furthermore, traders are looking forward to the FOMC minutes from the Fed's latest policy meeting. The minutes will come out at 6:00 p.m. UTC today and may give more clues on the path of U.S. interest rates. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊 Trade tariffs weaken U.S. dollar and support euro The euro (EUR) gained 0.48% against the U.S. dollar (USD) on Tuesday following reports that German political parties agreed to form a coalition. Meanwhile, the U.S. dollar weakened against major currencies due to fears of recession. 👉Possible effects for traders There is conflicting information regarding the formation of a German government. NTV, a German news network, reported that Friedrich Merz's conservatives and the centre-left Social Democrats (SPD) had agreed to form a coalition. However, Reuters stated that its sources claimed no such deal had been reached. Following the recent German election, investors closely monitor political developments in the country. They are concerned that disagreements between parties could prevent the formation of a stable coalition and lead to a dysfunctional government in Europe's largest economy. These fears have been alleviated now, driving bullish sentiment in EURUSD. Fundamentally, investors have been concentrated on the trade conflicts initiated by U.S. President Donald Trump's extensive tariffs, which have completely disrupted the markets lately. A full-scale trade war would harm the eurozone economy. Still, the current investors' flight to safe-haven currencies like the Swiss franc and the Japanese yen weakens the U.S. dollar, pushing the EURUSD exchange rate higher. EURUSD rose during the Asian and early European trading sessions. The market now expects more tariff-related news. Today, the most important event is the FOMC minutes from the Federal Reserve’s (Fed) latest policy meeting at 6:00 p.m. UTC. The report will probably give more clues on the path of U.S. rate cuts. The market now expects the Fed to pursue a more dovish monetary policy than the European Central Bank, which should support EURUSD in the mid-term. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊 Japanese yen rises on strong safe-haven sentiment The Japanese yen (JPY) gained 1% against the U.S. dollar (USD) on Tuesday. The greenback continued to weaken amid fears of global recession, and investors rushed towards the safe-haven Japanese yen. 👉Possible effects for traders Financial markets are bracing for a protracted trade conflict between the U.S. and China. Beijing has resolutely refused to concede to what it has characterised as 'blackmail'. The government declared its intention to 'fight to the end' in response to President Trump's threat to elevate tariffs to 104% due to China's decision to impose equivalent duties following Trump's tariff announcement last week. As a result, the Japanese yen and the Swiss franc benefitted from the appetite for safe-haven assets, as investors remain concerned about the potential for a global recession. Meanwhile, Katsunobu Kat, Japanese Finance Minister, said that trade negotiations between Japan and the U.S. could include discussions on foreign exchange rates. 'There has been various communication, including on exchange rates, from the U.S. side, so currency moves could be among themes up for discussion. But specifics have yet to be set', Kato told parliament. With President Donald Trump prioritising the reduction of the large U.S. trade deficit, some analysts suggest that Washington could pressure Japan to reverse the yen's decline, which happened over the past decade, as it provides a competitive edge to Japanese exports. In theory, it means that USDJPY may continue to decline further. USDJPY fell during the Asian session but started to rise again during the early European trading hours. Today, the market will pay close attention to any tariff-related news. Also, traders are looking forward to FOMC minutes from the Federal Reserve's latest policy meeting. The report will come out at 6:00 p.m. UTC and may offer more clues on the U.S. monetary policy plans. If the minutes suggest a dovish sentiment among FOMC members favouring more rate cuts, USDJPY may fall below 144.200. Conversely, a more hawkish tone could pull USDJPY higher towards 146.700. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

#economic_calendar These events may affect the market on 9 April.

The pitch is set; your strategy is ready. Trade seamlessly with the simple & easy interface of Angel One. Download the Angel One App now. Open Free Demat Account Now: https://bit.ly/tltangelone #IPL #AngelOne

🧭 Start With a Trading Plan — Don’t Trade Blindly Let’s be real — jumping into trades without a plan is like driving with your eyes closed. Exciting? Maybe. Dangerous? Definitely. If you’re serious about growing as a trader, you need a trading plan. Here’s what that means and how to build one: 1. Define your goal 🎯 Why are you trading? Is it for side income, full-time living, or just learning the skill? Knowing your goal keeps you focused and stops you from chasing random trades. 2. Pick your setup 📊 What are you trading & how? Choose a few assets you understand (don’t chase everything). Stick to simple strategies — for example: “I trade with the trend after a pullback.” 3. Set your risk rules 🛡 How much are you willing to risk per trade? Golden rule: never risk more than 1–2% of your balance. And yes, ALWAYS use a stop-loss — it’s your seatbelt. 4. Plan your routine ⏰ When will you trade? Set a consistent time — like mornings or evenings — and treat it like a job. No plan = random results. Routine = progress. 5. Write it down & stick to it ✍️ A real plan is something you can see and follow. Put it in your notes or journal. Review it before trading. Feel like going off-script? Stop. Breathe. Follow the plan. Remember: "The market rewards discipline, not emotion." Start small, stay consistent, and treat trading like a skill — not a lottery. Your future self will thank you.

📊Gold continues decreasing, but the long-term bullish trend persists The gold (XAU) price dropped by 1.8% on Monday as the U.S. Treasury yields surged, while the U.S. dollar (USD) continued to rise after the announcement of U.S. tariffs fuelled fears of a global recession. 👉Possible effects for traders Optimism surrounding possible trade negotiations with U.S. President Donald Trump fuelled a rebound in U.S. Treasury yields on Monday. This pushed 10-year yields towards their largest daily increase in a year. Stronger U.S. dollar and higher yields had a bearish impact on XAUUSD, which has been pressured lately by a broader market meltdown. 'We're getting a lot of stress in the gold market because of liquidity concerns and margin covering by speculators', said Bart Melek, head of commodity strategies at TD Securities. Indeed, wider losses in the equity markets prompted traders to close their long positions in gold to meet margin calls elsewhere. Still, the long-term trend for XAUUSD remains bullish as the world remains gripped by the unfolding trade war, adding to general geopolitical and economic uncertainty. 'Gold retreats as investors turn to cash and other safe havens like the Swiss franc and the Japanese yen amid market turmoil, creating a risk of deeper corrections', said Nikos Tzabouras, senior market analyst at Tradu.com. According to Reuters, money markets expect around 120 basis points worth of interest rate cuts by the U.S. Federal Reserve (Fed) by December. The chance of a rate cut at the next Fed meeting in May stands at 37%. A non-yielding asset like gold will usually thrive in a low-interest environment. XAUUSD rose during the Asian and early European trading sessions. The macroeconomic calendar is rather uneventful today, but news on possible trade deals and tariff relief may trigger additional volatility in XAUUSD. 'Spot gold may bounce to $3,049 per ounce, following the completion of a five-wave cycle from $3,168', said Reuters analyst Wang Tao. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊Euro drops on news about more trade tariffs The euro (EUR) lost 0.47% against the U.S. dollar (USD) during Monday's volatile trading session. 👉Possible effects for traders Yesterday's trading session faced extreme volatility, with the intraday EURUSD exchange rate fluctuating in a broad range of 1.08780–1.10500. Initially, the pair surged after news about U.S. President Donald Trump considering a 90-day pause on tariffs. However, the White House officials quickly denied the report, sending EURUSD lower again. Later that day, Trump warned about an additional 50% tariff on China if the country imposed its retaliatory tariffs. All these made traders even more bearish and prompted them to seek safe-haven currencies like the U.S. dollar, the Swiss franc, and the Japanese yen. 'Because tariffs are thought to be hurting world growth, those currencies that seem to be more like risk-on currencies—the dollar bloc and the Scandies—they are underperforming. On the other hand, the currencies that are typically safe-haven currencies—like the Swiss franc and yen—are performing better', said Marc Chandler, chief market strategist at Bannockburn Global Forex. According to Reuters, traders are watching for signs that large sovereign holders, including China, may be reducing their U.S. debt holdings. If China were to accelerate the sale of U.S. bonds, the U.S. dollar would weaken, pushing EURUSD higher. Meanwhile, in response to U.S. tariffs, the European Commission proposed counter-tariffs of 25% on a range of U.S. goods. At the same time, the European Commission leaves the door open for a possible deal. According to Reuters, officials offered a 'zero-for-zero' tariff deal to avert a trade war. EU ministers agreed to prioritise negotiations with the U.S. while striking back with targeted countermeasures next week. Any negotiations progress will certainly help lift EURUSD, but if the talks fail, the pair will likely fall sharply. EURUSD rose during the Asian and early European trading sessions. The economic calendar is relatively light today. Still, more news on possible trade deals and tariffs may trigger additional volatility in EURUSD. Key levels to watch are resistance at 1.10500 and support at 1.08780. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888

📊GBP plunges after more tariffs announcement The British pound (GBP) lost 1.33% against the U.S. dollar (USD) on Monday due to a general risk-off sentiment. This prompted investors to seek the safety of USD and weakened riskier assets like GBP. 👉Possible effects for traders Although GBP and other major currencies have been weakening lately, it isn't clear if the greenback can continue to appreciate. Analysts have pointed out that the U.S. dollar risks losing its safe-haven appeal as concerns about trade tariffs and their impact on U.S. economic growth become more pronounced. 'Although we're getting erratic weakness in foreign currencies like the euro, sterling and even the Canadian dollar, the underlying trend here is the potential for losing faith in the U.S. dollar as a reserve currency. If one has to consider the view one year out as opposed to one week out, it still seems like it's tilted towards a weak U.S. dollar', said Thierry Albert Wizman, global FX and rates strategist at Macquarie. Indeed, President Trump's tariff announcements triggered a dramatic market sell-off, erasing nearly $6 trillion from U.S. stock valuations. Amidst this volatility, over 50 countries have reportedly sought trade negotiations with the White House. However, China responded with retaliatory measures, including imposing a 34% tariff on all U.S. goods. Consequently, traders have significantly increased their expectations for Federal Reserve (Fed) rate cuts, anticipating a more aggressive monetary policy response to mitigate the potential economic fallout. At the same time, the Bank of England (BoE) is still expected to deliver only two rate cuts this year. Thus, the fundamental pressure on GBPUSD may turn bullish in the coming days and weeks. GBPUSD rose during the Asian and early European trading sessions. The formal macroeconomic calendar is rather uneventful today, but news on possible trade deals or additional tariffs may trigger volatility in EURUSD. Key levels to watch are resistance at 1.28000 and support at 1.27000. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 37888