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GBPUSD BUY | Idea Trading AnalysisGBPUSD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
5
Cryptos fall Cryptos take a nosedive after the report that Mt. Gox moved 47228 BTC from cold storage to anew address. EASYMARKETS:ETHUSD CRYPTO:ETHUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:ETHUSD
by easyMarkets
Nikkei Soars Looking Past Monetary NormalizationUltra-loose BoJ policy and the Yen’s demise have been key drivers of the JPN225 mammoth rally. The central bank exited its negative rates regime though and is shifting towards less easy policies, with at least one more hike reasonable within the year. This threatens to cut off a key source of strength for equities and JPN22 registered a brief pullback from the March record peak. But monetary normalization has been slow so far and the stock market’s strength is based on more factors than just favorable monetary stance and weak currency. Strong earnings, structural reforms and investment-friendly government policies are among them. As a result, JPN225 has resumed its advance and runs its third straight profitable month, trying to set new all-time highs. On the other hand, the RSI reached overbought levels and a pullback here would be reasonable. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:JPN225Long
by FXCM
Last Chance Alert: Buy Bitcoin Now at Unbelievably Low Prices!BTC UPDATE BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support. After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls. In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC. The funding rate is negative at -0.11%, which is a positive sign for bulls. Stay tuned for more updates. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
Long
by CRYPTOMOJO_TA
2
Alikze »» OP | Pullback to the roof of the major is brokenIn the daily and weekly time, it is moving in an ascending channel, where three-wave movements are evident inside the channel. At present, with the failure of the major ceiling, it can continue its upward path by completing the pullback to the specified limits and the ceiling of the ascending channel. In the last part of this movement, it can be completed with another short correction and enter the continuation of its upward wave to the areas of divergence. But if it cannot maintain the range of the ceiling, it will have the possibility of correction to the bottom of the ascending channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
Technical Analysis for GBP/USD on 8-Hour Time FrameFUNDAMENTAL REASONS The UK economy is experiencing sluggish growth, with recent GDP data indicating minimal expansion due to Brexit-related uncertainties and global economic headwinds. UK inflation is at 3.1%, above the Bank of England's (BoE) target of 2%, putting pressure on consumer spending. The unemployment rate is 4.0%, with stable employment but slow wage growth failing to keep up with inflation. The US economy remains robust, with Q1 GDP growth at 2.5%, supported by strong consumer spending and business investment. US inflation is at 3.8%, above the Federal Reserve’s 2% target, prompting aggressive monetary tightening. The unemployment rate is low at 3.6%, indicating a tight labor market and strong job creation. Interest Rates: The BoE has raised interest rates to 4.5% to combat high inflation. Further hikes may be on the horizon if inflation persists. Monetary Policy: The BoE has ended QE but continues reinvesting in maturing assets. Interest Rates: The Fed has increased rates to 5.25% to address inflation, with more hikes possible based on economic data. Monetary Tightening: The Fed is reducing its balance sheet through quantitative tightening (QT), affecting liquidity. Brexit: Ongoing Brexit adjustments and trade negotiations continue to create economic uncertainties for the UK. US-China Relations: Tensions between the US and China influence global trade and economic stability, impacting both the UK and US. Russia-Ukraine Conflict: The conflict has led to higher energy prices, disproportionately affecting the UK’s economy due to its energy import dependency. Technical Analysis Current Price Action Current Price: 1.2700 (as of the latest 4-hour close) Previous Close: 1.2720 Range: 1.2680 - 1.2730 Trend Analysis Short-Term Trend: Downtrend Medium-Term Trend: Sideways/Range-bound Long-Term Trend: Uptrend (based on daily time frame analysis) Moving Averages 20-Period EMA: 1.2710 (price slightly below, indicating short-term weakness) 50-Period SMA: 1.2735 (price below, confirming short-term downtrend) 200-Period SMA: 1.2600 (price above, indicating long-term strength) Support and Resistance Levels Immediate Support: 1.2680 (recent swing low) Key Support: 1.2600 (200-period SMA and psychological level) Immediate Resistance: 1.2730 (recent swing high and 50-period SMA) Key Resistance: 1.2800 (psychological level and previous resistance zone) Technical Indicators Relative Strength Index (RSI): 45 (neutral, but close to oversold territory) MACD: Bearish crossover, histogram below zero (indicating bearish momentum) Stochastic Oscillator: Near oversold zone, potential for bullish reversal if it crosses upwards Volume Analysis Volume Trend: Decreasing volume on recent declines, suggesting weakening selling pressure Volume Spikes: No significant volume spikes, indicating lack of strong conviction in either direction Fibonacci Retracement Levels Recent High: 1.2810 Recent Low: 1.2600 Key Levels: 23.6% Retracement: 1.2665 38.2% Retracement: 1.2695 50% Retracement: 1.2705 (current price near this level) 61.8% Retracement: 1.2720 Conclusion Bearish Bias: Given the price below key moving averages, bearish MACD, and potential head and shoulders pattern. Support and Resistance Play: Watch for a break below 1.2680 for a potential move towards 1.2600. Alternatively, a break above 1.2730 could signal a retest of 1.2800. Risk Management: Use stop-loss orders below 1.2680 if long and above 1.2730 if short to manage risk.
Short
by The_Golden_Path
6
Tesla’s Post-Deliveries Surge Stretched from an EV StandpointTesla is having a rough year, being the underperformer of the Magnificent Seven group, as its peers surge. But the stock soared to new 2024 highs after the Q2 delivery report showed a substantial sequential increase, gaining more than 20% this week. Bulls are now back on the driver’s seat and have the opportunity to chase last year’s peak (299.29), although the record highs are distant. However, this surge is hard to justify from a purely EV prospective. Tesla may have offloaded some of its inflated inventory in Q2, but deliveries were lower than a year ago, just as sales of Chinese rival BYD surged. Demand has weakened despite price cuts, the futuristic Cybertruck is not for mass production (and not for everyone) and we still have not gotten an update of the aging Model Y, which was the best-selling car of 2023. At the same time, there is some uncertainty around the crucial 25K affordable car that could accelerate sales and EV adoption, although it’s a price point where Tesla may have a hard time competing against Chinese firms. Given these factors and the fact that the stock rally is stretched, a return below the EMA200 would not be surprising. This would create risk for new 2024 lows (138.80), but sustained weakness has a higher degree of difficulty. Tesla at this point seems like a somewhat overvalued car maker, but an undervalued Artificial Intelligence company. At least part of the market optimism must be based on the AI promise. Elon Musk is preaching AI as the future of the firm, in a technology with the potential to unlock tremendous value as Tesla definitely has an edge, given the vast amounts pf proprietary data it collects from sources like the cameras and sensors in the hundreds of thousands of vehicles it has sold. The CEO pushes hard on full self-driving and robotaxis, with announcements expected in August, as well as humanoid robots and envisions more than a thousand of them working at Tesla factories next year. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
NASDAQ:TSLALong
by FXCM
Buy GBPUSD Wedge BreakoutThe GBP/USD pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.2660, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.2737 2nd Support – 1.2803 Stop-Loss: To manage risk, place a stop-loss order below 1.2600. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Long
by KABHI_TA_TRADING
25
Fundamental Market Analysis for July 03, 2024 EURUSDThe Japanese Yen (JPY) continues to suffer losses on Wednesday, remaining near a low of 161.750, a level not seen since 1986, recorded in the previous session. The decline may be attributed to final data indicating that business activity in Japan began to contract in June. Market participants are focused on the possibility of currency intervention by the Bank of Japan (BoJ), which could support the Japanese Yen and limit the growth of the USD/JPY pair. Japan's 10-year government bond yield rose to a near 13-year high of 1.11%. Traders continue to assess the outlook for the Bank of Japan's monetary policy amid a sharp depreciation of the Japanese yen, which raises the cost of imports and contributes to inflationary pressures. In addition, the central bank announced plans to unveil a strategy to wind down its bond buying program in July. The US dollar (USD) halted its four-day losing streak thanks to a rebound in the 2-year Treasury bond yield, which is at 4.75% at the time of writing. Traders await the release of the ADP US employment change data, ISM Services PMI for June and the FOMC meeting minutes scheduled for Wednesday. Trading recommendation: Watch the level of 161.750, and if the level is fixed above, take Buy positions. On the rebound take Sell positions.
by Fresh-Forexcast2004