Dollar
Can the Yuan Dance to a New Tune?In the intricate ballet of global finance, the Chinese yuan performs a delicate maneuver. As Donald Trump's presidency introduces new variables with potential tariff hikes, the yuan faces depreciation pressures against a strengthening U.S. dollar. This dynamic challenges Beijing's economic strategists, who must balance the benefits of a weaker currency for exports against the risks of domestic economic instability and inflation.
The People's Bank of China (PBOC) is navigating this complex scenario with a focus on maintaining currency stability rather than aggressively stimulating growth through monetary policy easing. This cautious approach reflects a broader strategy to manage expectations and market reactions in an era where geopolitical shifts could dictate economic outcomes. The PBOC's recent moves, like suspending bond purchases and issuing warnings against speculative trades, illustrate a proactive stance in controlling the yuan's descent, aiming for an orderly adjustment rather than a chaotic fall.
This situation provokes thought on the resilience and adaptability of China's economic framework. How will Beijing reconcile its growth ambitions with the currency's stability, especially under the looming shadow of U.S. trade policies? The interplay between these two economic giants will shape their bilateral relations and influence global trade patterns, investment flows, and perhaps even the future of monetary policy worldwide. As we watch this economic dance unfold, one must ponder the implications for international markets and the strategic responses from other global players.
Will GOLD Break the yearly High this week???We are still bullish on Gold and looking for more breakouts to happen. Price looks like it is currently establishing a Low for the week. We will look it do its think and look for it to show some signs of support before getting active. if we start making Lower Lows we will hold off and wait for breaks in structure. But overall I think there are some good moves to be caught this week cause we could be moving into full volatility.
Dollar Index Bullish to $111.350!While many people are turning bearish on the Dollar right now & targeting long term downside targets, I remain bullish on the DXY in the mid term. We have 2 zones from where bullish momentum will continue👇🏻
Zone 1: Current Market Price @$109📈
Zone 2: Supply Zone @$107-106📈
EUR/USD Poised for Growth: Key Levels and Targets Ahead! (READ)By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still trading around the 1.030 level, and I expect an upward move from this pair soon. With the Dollar Index likely to decline further, this could support EUR/USD's growth.
As mentioned in the previous analysis, the key upside target remains 1.044, while the significant demand levels are at 1.020, 1.005, and 0.99. Keep an eye on these levels for potential opportunities!
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Best Regards , Arman Shaban
The Main Analysis :
Fundamental Market Analysis for January 16, 2025 EURUSDEUR/USD is holding near 1.0295 in the early Asian session on Thursday. Lower than expected US Consumer Price Index (CPI) data for December raises the possibility that the US Federal Reserve (Fed) may cut interest rates twice this year, putting pressure on the US Dollar. However, growing concerns over Eurozone economic growth could limit the major pair's gains.
The US Dollar (USD) declined after weaker than expected US core CPI data, fuelling expectations that the Fed's easing cycle is not yet over. Markets now expect the US central bank to cut rates by 40 basis points (bps) before the end of the year, compared to around 31 bps before the inflation data was released.
Across the ocean, the European Central Bank (ECB) cut rates four times last year and traders expect three or four changes this year due to concerns about the Eurozone's weak economic outlook. Rising bets on further ECB interest rate cuts could undermine the euro (EUR) against the U.S. dollar in the near term.
Later on Thursday, investors will be watching Germany's Harmonised Index of Consumer Prices (HICP) for December and the ECB monetary policy meeting report. In the US, the main events will be retail sales data for December and weekly initial jobless claims.
Trade recommendation: Watch the level of 1.0260, when fixing below consider Sell positions, when rebounding consider Buy positions.
DXY STRONG UPTREND|LONG|
✅DXY is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the index is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 110.289
LONG🚀
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My Current View On The 1hr With No ReasonI like what I have and I even sell what I have! 😮 I like dollars maybe I am just some American that thinks in dollars in my wallet..🤑.. Its all fun and Games Until you start losing your bag.💰..
"Count the coin not the dollars" I say to myself while listening knowing well I am my worst enemy. 🎶
In this market cycle it is out to bite you! Anything given will quickly look to take it back including you.. Nothing is a given be ready to fight and beg for what you hold back be it coins or dollars.....
"One coin to rule them all until there is wait two or three... Oh wait there's another one!!!"
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten
Euro / Dollar Long IdeaWe see reaction on Day FVG. Create 4h below Day FVG. Its mean have good support for long to attack 1.317 Buy side
DXY have good reaction on Day + Month sibi for forex its time to buy
+ We form candle Week bisi, maybe will be Unicorn Model (manipulation) and next phase will be distribution
+ SMT gbp/euro
Will see, what happen after inaguration Tramp
Fundamental Market Analysis for January 14, 2025 GBPUSDGBP/USD faltered as markets changed their expectations for interest rates before the end of the year, sending the pair to fresh 15-month lows and breaking through 1.2100, but then ended trading near the 1.2230 starting point.
It has been a quiet start to the week, but more inflation data from both the US and the UK will give traders plenty of material to ponder as they try to determine the first quarter rate differential forecast. The Federal Reserve (Fed) is expected to keep interest rates steady for the first half of the year, while the Bank of England (BoE) will have to choose between keeping interest rates stable in a still-high inflation environment and risking an inflationary spike to support the floundering UK economy with further rate cuts.
Tuesday's significant data of the week will start with the US Producer Price Index (PPI), which is expected to rise to 3.7% y/y in December from the previous reading of 3.4%. Wednesday will see the release of UK Consumer Price Index (CPI) inflation, which is also expected to accelerate in the near term, with a rise to 0.4% m/m versus the previous reading of 0.1%.
US CPI inflation, also out on Wednesday, is forecast to rise to 2.8% from 2.7%, US retail sales data is expected on Thursday and UK retail sales round out the list of important data this week.
Trading recommendation: Watching the level of 1.2150, trading mainly with Sell orders
XAUUSD - 4hr | Rising WedgeSimple Trading: Rising Wedge Pattern
GOLD has been trailing up for the past week. The Price of gold has currently broken below the rising wedge pattern, which means a huge sell-off may occur. At the moment, we are waiting for the retest of previous support to confirm new resistance. Once the New resistance is confirmed, we will see price reject the 2680-90 area and push toward the new bearish target of 2615. Pay close attention to the smelling time frames. Look for FVG's to take sell positions
Strong Dollar Puts Bitcoin at Risk: 5 Things to Watch This Week
The cryptocurrency market is bracing for a potentially volatile week as the US dollar reaches its highest point since the 2022 bear market. This surge in the dollar's strength has historically presented challenges for Bitcoin, and traders are closely monitoring several key factors that could influence BTC's price in the coming days.
1. The Dollar's Dominance
The US dollar's resurgence is a critical factor for Bitcoin traders to consider. A strong dollar often exerts downward pressure on Bitcoin's price.2 This inverse relationship stems from Bitcoin's pricing in US dollars; when the dollar is strong, it takes fewer dollars to buy the same amount of Bitcoin, thus lowering the price.
2. Bitcoin's Price Risks
Bitcoin's price has struggled to break free from the shackles of the bear market, and the strengthening dollar adds another layer of complexity. Traders are wary of potential downside risks, especially if the dollar continues its upward trajectory. The psychological barrier of $100k remains a key level to watch; a break below this could trigger further sell-offs.
3. Correlation with Traditional Markets
Bitcoin's correlation with traditional markets, particularly the S&P 500, has been a recurring theme. As the dollar strengthens, it can also impact traditional markets, leading to a risk-off sentiment. This could further weigh on Bitcoin's price, as investors may seek safer assets like cash or bonds.
4. On-Chain Metrics
While on-chain metrics provide valuable insights into Bitcoin's network activity, they may not offer immediate relief from the dollar's influence. Metrics such as exchange reserves, miner activity, and long-term holder behavior can indicate underlying strength or weakness in the Bitcoin market.3 However, these factors may take time to play out and may not immediately counteract the effects of a strong dollar.
Conclusion
The confluence of a strengthening US dollar and Bitcoin's existing price risks creates a challenging environment for traders. While the long-term outlook for Bitcoin remains positive, the short-term picture is clouded by uncertainty. Traders should exercise caution and closely monitor the factors outlined above to navigate the potential volatility in the Bitcoin market this week.
Dollar Vs INR: Dollar clearly Overbought as of now. Dollar Vs Rupee:
Dollar is at 87. Major breakout from the zone but one interesting point to note is the RSI. Relative Strength Index is above 90. Near 91 in fact. These are unsustainably overbought levels. We will see a proper deep correction there sooner than later. Once the Dollar starts to correct, Nifty will not remain bearish.
Anyone who understand RSI will tell you that Dollar is at unsustainable levels. India is the least effected compared to other currencies of emerging markets as well as developed nations. It is in the zone where sustaining itself that high will soon be impossible. That's why in the earlier message. I have written 1 to 4 weeks more pain for Indian markets.
Much also depends on policy announcements of Trump as he takes power. Back Channel diplomacy to avert further damage to India Inc., Might have already started...keeping my fingers crossed. Unreal times ahead. Long Term Vision For India looks unharmed. The dust will start settling in the next few weeks. We can expect dust to settle fully by end of this quarter. After which Bull run can recommence in my opinion.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Fundamental Market Analysis for January 13, 2025 EURUSDData from the US Bureau of Labour Statistics (BLS) released on Friday reported that non-farm payroll employment (NFP) rose by 256k in December, exceeding market expectations of 160k and beating the revised November figure of 212k (previously reported at 227k).
The unemployment rate fell to 4.1% in December from 4.2% in November. Annual wage inflation, as measured by the change in average hourly earnings, fell slightly to 3.9% from 4%.
US labour market data for December is likely to reinforce the US Federal Reserve's (Fed) stance on keeping interest rates unchanged in January, which will support the dollar against other currencies. Markets expect the Fed to keep the benchmark overnight interest rate in the range of 4.25%-4.50% at its 28-29 January meeting.
In addition, traders expect four interest rate cuts by the European Central Bank (ECB), which are expected to occur at each meeting through the summer. ECB policymakers seem to be comfortable with these expectations as inflationary pressures in the Eurozone remain largely under control.
The head of the ECB and the Bank of France said that interest rates will continue to move towards a neutral rate ‘without slowing down by the summer’ if upcoming data confirm that ‘the pullback in price pressures does not remain in place’.
Trade recommendation: Trading mainly with Sell orders from the current price level.
Institutional Demand: GBP/USD longsHey,
Very busy monday with a large watch list for us.
Mostly gbp related pairs interest me the most.
On this chart you can see how GBP/USD is located in...
1. Monthly value
2. Weekly value
3. Daily value
A triple stacked zone, is always nice to time a reversal from.
Let's see if the pullback play starts soon, as always watch the 4-hour for that confirmation I always seek from when my zones are reached.
Kind regards,
Max Nieveld
Dollar Index (DXY): One More Clear Sign of Strength
Looks like Dollar Index is going to continue rising.
After an extended accumulation within a horizontal parallel channel,
the market violated its upper boundary on Friday.
Bullish trend will most likely continue.
Next goal - 110.5
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What Pattern Is This?Asking for a Technical Trader umm What Pattern Are WE Trading LOL
When In Doubt call me crazy "STAY OUT" or just hold I think we will see many more times like these remember nothings ever simply one way and the world you know can change into the one you have yet to know.
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏 FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!