Published:April 24, 2026

⚡Trading Ideas for April 24, 2026

Margarita Spanou
Written byMargarita Spanou

Disclaimer: The following ideas are provided for educational purposes only. They do not constitute financial advice and come with no guarantees.

Event risk: UK Retail Sales, German ifo, Canada Retail Sales, and UoM sentiment/inflation expectations can trigger sharp moves, wider spreads, and false breaks. Prefer confirmation (break + close / reclaim) and avoid chasing spikes.

Indicative prices (approx.): EUR/USD ~ 1.1694, GBP/USD ~ 1.3507, USD/JPY ~ 159.48; BTC/USD ~ 77,811, ETH/USD ~ 2,311.9, SOL/USD ~ 85.51.

1) EUR/USD — Breakout Buy Above 1.1750

  • Bias: Bullish only on confirmation.
  • Entry trigger: Break and close above 1.1750.
  • Suggested stop-loss: Below 1.1685.
  • Potential targets: 1.1820, then 1.1875.
  • Risk note: A fast snap back below 1.1750 can signal a false breakout.

2) GBP/USD — Breakdown Sell Below 1.3445

  • Bias: Bearish only on confirmation (post UK Retail Sales volatility).
  • Entry trigger: Break and close below 1.3445.
  • Suggested stop-loss: Above 1.3525.
  • Potential targets: 1.3375, then 1.3310.
  • Risk note: If it quickly reclaims 1.3445, step aside (possible whipsaw).

3) USD/JPY — Sell Rejection Near 160.20–160.45

  • Bias: Tactical bearish if upside momentum fades at resistance.
  • Entry trigger: Push into 160.20–160.45 then a bearish close back below 160.00.
  • Suggested stop-loss: Above 160.95.
  • Potential targets: 159.20, then 158.55.
  • Risk note: JPY pairs can wick hard around US data—wait for a clean close.

4) BTC/USD — Breakout Buy Above 79,200

  • Bias: Neutral-to-bullish on confirmation.
  • Entry trigger: Break and close above 79,200.
  • Suggested stop-loss: Below 77,100.
  • Potential targets: 81,600, then 83,900.
  • Risk note: If it fails back below 79,200 quickly, treat it as a false breakout.

5) ETH/USD — Breakdown Sell Below 2,260

  • Bias: Bearish only on confirmation.
  • Entry trigger: Break and close below 2,260.
  • Suggested stop-loss: Above 2,345.
  • Potential targets: 2,185, then 2,110.
  • Risk note: Avoid chasing breakdown candles—wait for a confirmed close.

6) SOL/USD — Breakout Buy Above 88.20

  • Bias: Tactical bullish only on confirmation.
  • Entry trigger: Break and close above 88.20.
  • Suggested stop-loss: Below 84.70.
  • Potential targets: 91.80, then 95.40.
  • Risk note: Alts can reverse fast—keep risk tight.

Important: Confirm setups with your own analysis and apply strict risk management. Forex and crypto trading involve substantial risk.