Weekly Market Update: BTCUSD, USDJPY & GOLD, Mar 24th – 30th, 2025
NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.
BTCUSD: Selling On Retracement Higher & After Price Action Signal At Or Within The $92723 – $94941 Resistance Area
Comments: Price moved briefly lower from the recent Bearish Pin Bar Signal that had formed late last week (We did not consider trading this signal).
Potential Trade Signal: We are still looking to sell on a deeper retracement higher and after a price action sell signal, at or within the $92723 – $94941 short-term resistance area.
To Trade This Market With Our Preferred Broker, CLICK HERE
USDJPY: Selling On Retracement Higher & After Price Action Signal At Or Below 150.92 – 151.29 Resistance Area
Comments: Price moved slightly higher from the recent Small Bullish Pin Bar Signal that had formed late last week (We did not consider trading this signal).
Price moved briefly lower from the recent Bearish Long-Tailed Pin Bar Signal that had formed mid last week.
Potential Trade Signal: We are looking to sell on retracement higher and after a price action sell signal, at or just below the 150.92 – 151.29 short-term resistance area.
To Trade This Market With Our Preferred Broker, CLICK HERE
GOLD – SPOT: Buying On Retracement Lower & After Price Action Signal At Or Above $2955 Support Area
Comments: Price formed a Bullish Tailed Bar Signal late last week (We are not considering trading this signal).
Potential Trade Signal: We are looking to buy on a retracement lower and after a price action buy signal, at or just above the $2955 short-term support level.
To Trade This Market With Our Preferred Broker, CLICK HERE
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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.
