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Beyond Technical Analysis

EUR/USD 8H SwingTrade: Institutions in Control Amid Deep RetraceThis long position on EUR/USD continues to develop as the trade approaches a critical zone near 1.09600, where partial profits will be taken if the market starts to move in the anticipated direction. The setup shows a potential for a reversal following a controlled decline, which may indicate institutional players hedging their positions. Despite the lack of a significant pullback, the steady decline suggests deeper market manipulation by larger participants, as they may be positioning themselves for a move upward. This swing trade is grounded in both technical and fundamental factors. While the euro has faced challenges due to economic slowdown in the Eurozone, the technicals are showing signs of alignment for a potential bullish reversal. If the market sentiment shifts, the euro could gain momentum, supported by upcoming key economic data and central bank statements. Technicals: • The price action shows a controlled decline with minimal volatility, indicating institutional hedging and the possibility of a corrective move. • Price is trading within the momentum cloud, signaling a neutral-to-bullish shift in sentiment. The next key level to watch is the 1.09600 area, where partial profit-taking is planned. • A full break above 1.10280 (next significant resistance) could fuel further bullish momentum, targeting higher levels at 1.1070 and beyond. • Stop loss is placed below 1.0740 to account for market volatility while keeping the risk-to-reward ratio balanced. Fundamentals: • Eurozone Outlook: With inflation persisting in the Eurozone, the European Central Bank (ECB) continues its cautious approach, maintaining tight monetary policy. However, the euro remains under pressure due to underwhelming growth figures, geopolitical risks from the Russia-Ukraine conflict, and high inflation. • USD Strength: The USD remains strong amid solid US economic data, including robust housing starts and job growth. This strength has limited the euro’s ability to recover, but any weakening in the US data could help fuel a euro recovery. • Macro Events: Key macro events, including ECB President Lagarde’s upcoming speeches and US economic data releases, are likely to have an impact on this pair. Lagarde’s recent dovish tone, combined with any signs of weakening in the US economy, could catalyze a EUR/USD reversal. Risk Management: • Taking partial profits near the 1.09600 level minimizes downside risk while locking in gains if the trade moves favorably. • The stop loss remains tight to protect against any sudden reversals, placed below the recent low at 1.0740 to maintain an optimal risk-reward ratio. • By maintaining flexibility in managing the position, this setup aims to capture gains while protecting capital in volatile market conditions. This trade setup offers a promising opportunity as we monitor both the technical and fundamental aspects closely. Let’s stay focused and continue to manage the position based on market developments! Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
Trump Victory Drives BTC/USD to New HighsDonald Trump's victory in the 2024 presidential election, announced by Fox News, has unleashed strong volatility in the financial markets, with a notable boost for Bitcoin (BTC/USD). The value of the cryptocurrency reached a new all-time high, surpassing $74,000, up 5.81%. The uncertainty generated by Trump's victory, combined with the possibility of protectionist policies and further deregulation, has fueled the appetite for safe-haven assets such as Bitcoin. In the current trading day, the value of Bitcoin experienced a 13.05% rise, reaching $75,378.21, after an uptrend that began on September 6. Currently, the RSI (relative strength index) is at 65.37%, suggesting that the price could continue its advance towards $80,000. Wall Street Volatility and Monetary Policy Expectations The election result has elevated volatility in financial markets. The VIX index, which measures volatility on Wall Street, surpassed 21 points, marking the second highest level of the year. Investors are taking precautions as they await final confirmation of Trump's victory and the composition of Congress, which could trigger a change in economic policies and increase volatility in the short term. In fixed income markets, the Bank of America Merrill Lynch volatility index rose above 130 points, a level not seen since 2023. This increase in volatility comes in parallel with the expectation of the next Federal Reserve (Fed) meeting, where a 25 basis point interest rate cut is expected. However, recent macroeconomic data suggests that the Fed may opt for a less accommodative stance, especially if Trump's fiscal policies boost government spending. Bitcoin as a Value Haven With increasing volatility in equity and fixed income markets, coupled with the prospect of expansionary and protectionist fiscal policy under the Trump presidency, Bitcoin is positioning itself as an attractive safe haven asset. Investors are looking to protect their portfolios against a backdrop of economic uncertainty and potential depreciation of other currencies. As the dollar strengthens, Bitcoin is perceived, like gold, as a store of value in the face of global economic instability. Bitcoin and Global Market Projections Although both Trump and his Kamala in the election would have implemented expansionary fiscal policies, a Trump victory could generate more volatility and inflationism, favoring assets such as Bitcoin. In addition, the currency market, particularly the euro/dollar, has shown levels of volatility not seen since Brexit, reflecting the magnitude of uncertainty generated by the election results. As the results are confirmed and the Fed makes interest rate decisions, markets will closely monitor any adjustments in monetary policy that may influence appetite for Bitcoin and other safe-haven assets in a highly volatile environment. A strong Trump administration is likely to favor the oil lobbies and the big Winner of all this election is clearly Elon Musk, an entrepreneur highly focused on protectionism to benefit his companies and government investment in entities such as TESLA or SpaceX, or X as a big driver of Republican protectionist propaganda. The great affected will possibly be the cosmogony of the policies related to trade with Mexico as a great producer of satellite companies of Chinese origin. If the Republican Party had lost either of the two chambers, the strategists of the Democratic Party will have to study how to work with a majority Republican government in both chambers. Now the days are ahead for the next president's inauguration on January 20, where everything could happen on a socio-political level, given that this has been one of the most polarized elections in the history of the United States. Trump could have a significant impact on Europe, especially in areas such as economics, security and foreign policy. Trump's protectionist policy could affect European exports and increase pressure on the EU to diversify its markets. In addition, a possible U.S. distancing from NATO would require Europe to take on greater defense responsibilities, while a more conciliatory stance by Trump towards Russia could alter the geopolitical balance. On the environmental front, a US exit from the Paris Agreement would hamper the global fight against climate change, although it would also provide Europe with the opportunity to lead in renewable energies. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ACTIVTRADES:BTCUSDLong
by ActivTrades
2
Take Two (TTWO) & ROCKSTARTakeTwo Intractive's costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. Of course, GTA 6 is an excellent argument, but even this is not without risk; after all, it is not guaranteed that every new GTA is of the highest quality. Overall, it seems that an investment in the company is currently a pure bet on the massive success of GTA 6. But if that's the investment thesis, why invest now? TakeTwo has an excellent reputation in the industry and trades with a premium valuation compared to the competition. But several points do not look entirely positive. Costs are rising as fast as revenues, and the Zynga acquisition has yet to prove itself. At the same time, shareholders are slowly but steadily burdened by stock dilution and stock-based compensation. Plus, the CEO sold 21% of his shares in April. Yes, eventually, GTA 6 will be released, but if that's the main argument for the investment, you might as well wait another six months and possibly get in at a cheaper price. The last quarter was not very successful for the company. Revenue was $1.4B but missed expectations by $140M. On a GAAP basis, there was a significant loss per share of -$1.54. They also lowered FY 2023 revenue guidance from $5.8B to $5.4B. The chart below shows the evolution of some metrics over the last five years. Here we see that revenues are increasing strongly, but costs are increasing almost at the same rate, so real profits are not growing. The company is currently valued at an enterprise value of $19B. The market cap is $16.9B, and the total debt is $3.7B. The P/S ratio is 4.4, and the forward P/E ratio is approx. 25. The share is thus more cheaply valued than the last few years' averages this year we going to see GTA6 first trailer and probably release data announcement, plus a next gen update for Red dead redemption2 TTWO under 99$ is a buy zone , I managed to buy some shares at 94$ and will buy more if back to 90-80$ zone again
NASDAQ:TTWOLong
by moonypto
13
Can a Crystal Ball Really Predict the Future of Tech?In an era where artificial intelligence promises to reshape the technological landscape, Palantir Technologies has emerged as a testament to the power of long-term vision meeting present opportunity. The company's remarkable third-quarter performance, marked by a 30% revenue surge to $725.5 million and doubled net income, isn't merely a financial triumph—it's a validation of two decades spent perfecting the art of data analytics while others were still grappling with its fundamentals. What sets this trajectory apart is Palantir's unique ability to bridge two seemingly disparate worlds. On one side, its deep-rooted expertise in government and defense contracts, evidenced by a 40% growth in U.S. government sales to $320 million, demonstrates unparalleled capability in handling sensitive, mission-critical data. On the other, its commercial division's explosive growth, particularly in the U.S. market with a 54% revenue increase, reveals an organization that has successfully translated complex government-grade technology into practical business solutions. The company's strategic positioning, however, tells a more intriguing story beyond the numbers. While competitors scramble to adapt to the AI revolution, Palantir's Artificial Intelligence Platform (AIP) represents the culmination of years spent understanding the nuances of data integration and security. This foundation, combined with innovative approaches like their hands-on "boot camps" where clients work directly with Palantir engineers, suggests that perhaps the company named after Tolkien's all-seeing orbs has indeed developed a knack for anticipating the future of enterprise technology.
NYSE:PLTRLong
by signalmastermind
GBP/USD Resumes Bearish TrendGBP/USD Resumes Bearish Trend Trump's victory in the US Elections has bolstered the US Dollar. The USD's strength this month has been tied to Trump's win, so it was anticipated that his victory would support further USD strength. The price has already dropped nearly 200 pips during the early hours of the European morning. It is likely that the price may continue to decline during the opening of the London and US markets, as trading volume is expected to increase significantly. The market still needs to fully absorb Trump's victory, which could lead to further short-term strengthening of the USD. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
5
BTC Poised for a Breakout: Will Bulls or Bears Take Control?hello guys. let's analyze BTC Ascending Channel: BTC is trending within an upward channel, with a broken resistance line acting as support, indicating a bullish trend. Scenarios Outlined: Scenario 1 (Bullish): BTC could continue its upward movement, aiming for $74,000 and potentially $76,000 if momentum holds. This scenario suggests a strong rally after breaking through resistance levels. Scenario 2 (Pullback): BTC may pull back to retest the $66,000–$67,000 range, which would be a healthy correction within the trend. This level could provide a solid support base before the next upward move. Key Support and Resistance Zones: Support Zone: Around $66,000, where Scenario 2 will likely play out if a correction occurs. Resistance Zone: Between $74,000 and $76,000, a potential target for a bullish continuation. In summary, BTC is currently at a decision point. A breakout above the $74,000–$76,000 zone could lead to a sustained rally, while a retest of the $66,000 support could provide a better entry for bulls. Watch closely for price action at these levels!
by melikatrader94
17
Short-term recovery for a stronger downward correction⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) sees new selling pressure during Tuesday’s Asian session, dipping to over a one-week low near $2,725-2,724, though the downside appears limited. The uncertainty around the tight US presidential election and potential escalation of Middle East tensions could keep supporting this safe-haven asset. Additionally, the unwinding of "Trump trades" and expectations that the Federal Reserve may cut rates further due to a slowing US labor market have pushed US Treasury yields lower. This has prevented the US Dollar from extending its overnight recovery and may continue to limit any significant pullback in Gold prices. ⭐️Personal comments NOVA: The downward adjustment trend still maintains the H1 and H4 frames. If you want a stronger decrease - a short-term recovery in the downtrend in the price range 2747 - 2761 is more expected. Current selling volume is slowing down due to support zones blocking it ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2748 - $2750 SL $2753 scalping TP1: $2743 TP2: $2737 TP3: $2730 🔥SELL GOLD zone: $2762 - $2764 SL $2769 TP1: $2750 TP2: $2730 TP3: $2717 🔥BUY GOLD zone: $2716 - $2714 SL $2709 TP1: $2725 TP2: $2732 TP3: $2740 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
4