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GBPJPY Heads of Central Banks: Head of Bank of England (BoE): Andrew Bailey Head of Bank of Japan (BoJ): Kazuo Ueda Economic Data Affecting GBP/JPY: Bank of England (BoE) Events: Interest Rate Decisions: The next BoE interest rate decision is scheduled for March 20, 2025. However, this week, Governor Andrew Bailey and other MPC members will testify before the Treasury Select Committee on March 5, discussing recent monetary policy decisions and economic outlooks. Impact: Expectations of further rate cuts could weaken the GBP, while a pause in rate cuts might support it. Bank of Japan (BoJ) Events: Monetary Policy Meetings: No major BoJ meetings are scheduled this week, but ongoing discussions about potential policy adjustments could influence the JPY. Impact: Any hints at tightening monetary policy could strengthen the JPY, while continued dovishness might weaken it. UK Economic Data: Inflation and Growth Figures: Rising inflation or slower growth could influence BoE decisions, impacting GBP. Impact: Higher inflation might lead to a stronger GBP if it prompts rate hikes, while slower growth could weaken it if it suggests rate cuts. Japanese Economic Data: Inflation and Consumption Data: Stronger-than-expected inflation or consumption figures could lead to speculation about BoJ policy changes, affecting JPY. Impact: Improved economic indicators might strengthen the JPY if they suggest a shift towards tighter monetary policy. Trade Directional Bias: Bullish Scenario for GBP/JPY: If the BoE signals a pause in rate cuts or if UK economic data surprises positively, while Japan's data remains weak, GBP/JPY might rise. Bearish Scenario for GBP/JPY: If the BoE continues to cut rates and Japan's economic indicators improve, potentially leading to a stronger JPY, GBP/JPY could decline. we will monitor these events and data releases to adjust our strategies accordingly.
by Shavyfxhub
Cardona: A crypto you can consider holding in the short termHello, Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem. The coin is currently correcting hence setting up for a good opportunity for buys. The flag pattern is a great pattern that can be used for continuation confirmation. From a fundamental perspective; Cardano has officially ratified its first-ever Constitution, marking a significant milestone in the network’s evolution toward decentralized governance. The document, shaped by months of community discussions, workshops, and input, provides a structured governance model for the ecosystem. The Constitution, which has received broad approval from DReps and the ICC, will take full effect on February 23. It aims to establish clear rules, transparency, and accountability, ensuring that ADA holders play a direct role in shaping Cardano’s future. I see an opportunity to buy this Crypto in the short term. You can access this crypto using Tradenation or any other brokers that integrate with TradingView. www.tradingview.com Sources www.tradingview.com www.tradingview.com www.tradingview.com Good luck!
TRADENATION:ADAUSDLong
by thesharkke
2
USD/JPY 1H – Smart Money Outlook📈 USD/JPY 1H – Smart Money Outlook 🔹 Key Levels & Setup: ✅ Demand Zone: 150.115 - 150.307 ✅ Fair Value Gap (FVG) suggesting bullish imbalance ✅ Fibonacci Levels aligning with entry confirmations 📌 Trading Plan: 🔹 Potential Long Entry near 150.115 - 150.307 🔹 Targeting liquidity at 151.308 🔹 Confirmation: Price respecting demand & bullish BOS #USDJPY #SmartMoneyConcepts #OrderBlock #LiquiditySweep #FVG #BreakOfStructure #ForexTrading #PriceAction
Long
by FXFOREVER_87
Bearish drop?The Kiwi (NZD/USD) is rising towards the pivot and could drop to the 1st support which is a pullback support. Pivot: 0.5686 1st Support: 0.5547 1st Resistance: 0.5761 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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. IC Markets 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.
Short
by ICmarkets
US10 YR Yield Weekly Chart Analysis: NFAUS10 YR Yield Weekly Chart Analysis: NFA -After sweeping the previous swing high we retraced back to 50% Fib(Equilibrium) -Expecting this Week's candle wick to sweep Sellside Liquidity-1 and bounce -If we bounce from here, iFVG-W (red rectangle) will be our resistance zone -Rejection from that level can send it back to sellside and our next target will be BISI-W(green rectangle) If any of these Support/Resistance levels are invalidated i will update the idea next week. **Major economic events can cause drastic moves and invalidate these levels**
TVC:US10YShort
by CryptBo88
weekly chart for ETH/USDT. The weekly chart for ETH/USDT shows Ethereum trading within a descending triangle structure, with the lower support trend line indicating potential price stability around the $2,400 level. The upper resistance line is seen near $3,600. Currently, the price is at around $2,445, having recently declined by around 2.89%. The chart suggests potential upward movement if the price breaks above the resistance line, which could test the previous highs. Key Levels to Keep an Eye on: If Ethereum can break the resistance, the bullish momentum could strengthen; conversely, a drop below the support could indicate a bearish trend ahead. It will be important to monitor volume and market sentiment for the next action. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
3.3 Short-term technical analysis of goldThe gold market completed its February structure last week. Looking back at the market in February, the market fell back after opening at 2880.9 at the beginning of the month. The monthly line reached a low of 2770.47 and then the market fluctuated and rose strongly. The monthly line reached a high of 2956.3 and then the market fell back due to profit-taking in the late trading. The monthly line finally closed at 2859 and closed in an inverted hammer pattern with an upper shadow longer than the lower shadow. After the end of this pattern, the market will have certain pressure to continue to adjust in early March. However, the large cyclical bullish pattern is complete and the trend is still bullish.
TVC:GOLDLong
by AIan_Gold
BTCUSD-NEUTRAL BUY strategy 12 hourly chartIt had an incredible move lower previous run towards $ 78k and then followed by consolidation, and it was oversold. BTC is a manipulative asset class, and the "big boys" can move it in large sums of amounts, and this makes it harder to manage for trading is my personal view. From technical perspective, the move higher brought us back within the channel, but we are hampered by resistance $99 k area and must be overcome for let's say $ 110 k upwards. Overall and very long term I see much lower levels as a note. Strategy BUY @ $90-92k and take profit near $ 98.5 k for the brave ones.
COINBASE:BTCUSD
by peterbokma
0227 XAUUSD will soon speed down to 2850Hello traders, **Thursday Logic Analysis + Opportunity Analysis (2025.02.27)** On Wednesday morning, shortly after the USD/JPY exchange rate suddenly plummeted to the 148 range, a piece of news that could easily be overlooked emerged: "The Bank of Japan (BOJ) will provide USD funding secured by merged collateral." This means the BOJ will accept government bonds, corporate bonds, foreign exchange reserves, and other assets as collateral to inject USD into the market. Once the news broke, the precarious USD/JPY exchange rate immediately rebounded, briefly approaching the safe range of 150. Unfortunately, as the BOJ slightly relaxed its stance, the USD/JPY rate fell back to the 148 range. Such extreme volatility is very dangerous; continuous "blood transfusions" are necessary, or the market may "collapse," which would trigger a chain reaction. A key indicator to watch is the Nikkei Index; the 38,000 point mark is crucial. If it falls below this level, a large number of structured derivatives will face the risk of liquidation. If a lack of liquidity is causing asset prices to decline broadly, why did the dollar weaken last night? It's simple: if it were just a sell-off of dollar assets, the dollar should strengthen; however, if capital flows out to exchange for other currencies after selling dollar assets, it will lead to a weakening of the dollar (equivalent to an increase in dollar supply). Currently, the USD/JPY exchange rate is still experiencing extreme volatility. Given the BOJ's operational level, it's essentially "wounding the enemy 100 while injuring oneself 1000." Ultimately, it depends on whether Trump will implement tariff policies against Mexico and Canada on March 4, which would temporarily strengthen the dollar index and alleviate the threat of yen appreciation on arbitrage trading liquidation. As long as the risk of arbitrage trading liquidations exists, it poses a significant threat to liquidity. For futures in gold and crude oil, when liquidity tightens, the threats are the same; every snowflake is alike! ** ** On Wednesday, the internal alert stated: "In the four-hour chart, during the late trading hours on Tuesday, gold experienced a significant drop followed by a deep pullback. However, it is still under pressure from the EMA, with clear upper shadows on the candlesticks, indicating that bearish forces are waiting for new opportunities! New short positions in gold on Wednesday need to wait for a one-hour entry signal during the European and American trading hours, with an entry near the 2920-2930 range. New position targets: TP1: 2890 TP2: 2880 TP3: 2840 Thursday trading plan: In the one-hour chart, consider entering a short position in gold during the European and American crossover trading hours, waiting for a bearish one-hour candlestick signal after a consolidation period. TP1: 2870 TP2: 2850 GOOD LUCK! LESS IS MORE!
OANDA:XAUUSDShort
by FUNTRADER-Vera
Bullish Trading Signal Overview for Dogecoin (DOGE)Dogecoin (DOGE) indicates a bullish trading signal. After a prolonged downtrend, we observe a significant reversal pattern with the latest green candle forming a strong bullish engulfing pattern. This pattern encapsulates the previous red candle entirely, suggesting a strong buying momentum and a potential shift in market sentiment from bearish to bullish. Key Observations: Support Level: The chart shows a recent bounce from a low of approximately $0.20914, which now acts as a critical support level. The rebound off this support suggests that the market is rejecting lower prices, adding credibility to the bullish momentum. Current Price: The current price is marked at around $0.23907, showing a noticeable recovery from the support level. Volume: Although not explicitly shown on the chart, the bullish candle's size suggests increased buying activity, which typically indicates rising interest and a potential continuation of the upward trend. Stop-Loss: A stop-loss has been strategically placed just below the recent low at $0.20032, a prudent move to protect against any sudden reversal in the downtrend. Profit Target: The profit target is set at $0.27152, located near a previous area of resistance. This target anticipates a reasonable upswing without reaching for the peak, making it a realistic and achievable goal. Trading Strategy Recommendation Considering the bullish engulfing pattern and the subsequent recovery, entering a long position at the current level or on a slight dip towards the support level seems promising. The stop-loss placement below the recent low limits potential losses, while the profit target provides a favorable risk/reward ratio. Entry Point: Around the current price of $0.23907 or on minor pullbacks. Exit Strategy: Aim for the profit target of $0.27152 while maintaining flexibility to adjust as the price action develops, particularly if the market sentiment continues to strengthen. Conclusion The technical setup for Dogecoin (DOGE) suggests a strong bullish potential in the short term. Traders should monitor volume and price action closely for further confirmation of continued bullish behavior. Always adhere to a disciplined trading plan with defined stop-loss and take-profit levels to manage risks effectively.
COINBASE:DOGEUSDLong
by BulletproofTraders