U.S. FIRMS SWAP DOLLARS FOR EURO to lower funding costsU.S. FIRMS SWAP DOLLARS FOR EURO to lower funding costs—SMART MOVE?
(1/9)
Good afternoon, Tradingview! U.S. companies are flipping dollar debt into euros—slashing borrowing costs 📈🔥. Cross-currency swaps are the hot ticket amid rate gaps. Let’s break it down! 🚀
(2/9) – SWAP SURGE
• Trend: Dollar bonds morph into euros 💥
• Why: Eurozone rates lag U.S. by ~200 points 📊
• Volume: $266B in Jan ‘25 swaps, up 7% YoY
Lower rates, big savings—companies pounce!
(3/9) – THE TRIGGER
• Fed: Holds steady—U.S. rates stay high 🌍
• ECB: Eases up—eurozone softens 🚗
• Trump Tariffs: Stir inflation fears—volatility spikes 🌟
Dollar strength pushes firms to euro deals!
(4/9) – HOW IT WORKS
• Swap: Trade dollar debt for euro payments 📈
• Gain: Cheaper interest, currency hedge
• Impact: Millions saved, euro cash flows shine
It’s a financial jujitsu move—clever stuff! 🌍
(5/9) – RISKS IN PLAY
• Euro Flip: Stronger euro could zap savings ⚠️
• FX Losses: Hedging costs climb if dollar dips 🏛️
• Uncertainty: Fed vs. ECB—rate dance wobbles 📉
Smart bet, but not risk-free!
(6/9) – WHY NOW?
• Rate Gap: U.S. high, eurozone low—carry’s juicy 🌟
• Trump Effect: Tariffs fuel dollar power 🔍
• Global Ops: U.S. firms shield Europe earnings 🚦
Timing’s ripe—swaps are the shield!
(7/9) – MARKET VIBE
• Early ‘25: Swap restructures cash in 🌍
• Savings: redirected to debt, flexibility 📈
• Trend Watch: Grows if rate split holds
Companies adapt—financial acrobatics in action!
(8/9) – Dollar-to-euro swaps—what’s your take?
1️⃣ Bullish—Cost cuts win big.
2️⃣ Neutral—Works now, risks later.
3️⃣ Bearish—Euro rebound kills it.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
U.S. firms swap dollars for euros—saving millions as rates diverge 🌍🪙. Tariffs and Fed fuel the play, but euro risks lurk. Genius or gamble?
Economy
$JPIRYY -Japan's Inflation Rate (CPI)ECONOMICS:JPIRYY 4%
(January/2025)
source: Ministry of Internal Affairs & Communications
- The annual inflation rate in Japan climbed to 4.0% in January 2025 from 3.6% in the prior month, marking the highest reading since January 2023.
Food prices rose at the steepest pace in 15 months (7.8% vs 6.4% in December), with fresh vegetables and fresh food contributing the most to the upturn.
Further, electricity prices (18.0% vs 18.7%) and gas cost (6.8% vs 7.8%) remained elevated with the absence of energy subsidies since May 2024.
Additional upward pressure also came from housing (0.8% vs 0.8%), clothing (2.8% vs 2.9%), transport (2.0% vs 1.1%), furniture and household items (3.4% vs 3.0%), healthcare (1.8% vs 1.7%), recreation (2.6% vs 4.0%), and miscellaneous items (1.4% vs 1.1%).
In contrast, prices continued to fall for communication (-0.3% vs -2.1%) and education (-1.1% vs -1.0%).
The core inflation rate rose to a 19-month high of 3.2%, up from 3.0% in December and topping consensus of 3.1%.
Monthly, the CPI increased by 0.5%, after December's 14-month top of 0.6% rise.
SPX In Limbo - Which way will it break?SPX in Limbo – Will It Break Up or Down? | SPX Market Analysis 19 Feb 2025
Still waiting. Yep, that’s where we are.
The market is about as exciting as watching paint dry, but this is not the time to get impatient. As much as I’d love to jump into a trade just to feel productive, I know better—waiting for the right entry beats chasing the wrong one.
Let’s break it down while we sip on tea and pretend to be Zen masters of market patience.
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SPX Deeper Dive Analysis:
Why Patience is Everything in Trading
There’s an old trading rule that never fails—the market will always move… eventually. But right now, it’s in one of those frustrating, indecisive moods where:
Nothing is confirming (so forcing a trade is a bad idea)
It’s stuck between two key levels (meaning we wait for the breakout or breakdown)
Volume is sluggish (which means false moves are more likely)
Still Watching Two Scenarios
☑ Scenario #1 – The Bullish Breakout Entry
Needs price to confirm above key resistance
No fakeouts—just clean, strong momentum
Only then do I consider a bullish trade
☑ Scenario #2 – The Bearish Reversal Entry
Needs clear rejection at resistance
No weak, choppy movements—just a solid confirmation
Only then do I take a bearish setup
Why Forcing Trades is a Losing Game
Let’s be honest—waiting is boring. But do you know what’s worse? Jumping into a trade just because you're impatient… and then watching it immediately go against you.
Every trader, at some point, has thought:
"It looks like it’s going to move, maybe I should enter early…" (Nope.)
"I don’t want to miss the move…" (You won’t—if you follow the plan.)
"Other traders are jumping in—should I?" (Nope. They’re probably wrong.)
The right trade at the wrong time is still the wrong trade.
What’s Next?
✅ Stay patient—the market will tip its hand soon enough
✅ Wait for clear confirmation—not “I think this might be it” confirmation
✅ Don’t trade out of boredom—trade because the setup is 100% valid
📌 Final Takeaway? Patience = profit. I’m still waiting, tea in hand, and when the market finally makes its move, I’ll be ready.
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Fun Fact
📢 Did you know?
The stock market used to take 5 months to process a trade before the 1970s. Now? It happens in milliseconds—but traders still struggle to wait a few hours for the right setup.
💡 The Lesson?
Patience has always been a trader’s best tool. Some things never change.
U.S. Michigan 5 Year Inflation Expectations ComparisonThe U.S. Michigan 5 Year Inflation Expectation Comparison in the image attached shows the difference of the past 3 presidential administrations. I'm not trying to make this a political issue, but merely just looking at a comparison of what the masses of people have expected the future inflation rates to be in the past in order to have an idea of what to expect in the future.
When looking at this comparison, it shows the difference between economic policies (different administrations) and their effects on inflation expectations. Granted, with some policy implementations having a lag effect, there is likely some overlap between administrations and their effect on the inflation expectations. The dashed orange lines show the limits of the majority of data points that fall within those dashed lines. Anything that plots outside the dashed orange lines are outliers / not normal (for the last 30+ years).
COVID obviously had an outsized impact on inflation expectations since the U.S. government printed massive amounts of new money (Quantitative Easing (QE) by the Federal Reserve) to offset the closing of the economy / lockdowns due to COVID. That is marked on the chart to show approximately when that would have started. Thankfully, when COVID hit, we were at historically the lowest inflation expectations in U.S. history (as far back as the data goes on this chart).
With our current administration trying to cut costs of the federal government and trying to increase external sources of tax revenue to offset decreases to internal tax revenue sources, I suspect that will decrease the federal spending (net effect). A large portion of our inflation in the U.S. economy comes from government spending and printing of new money (QE). Granted the Federal Reserve has been in a Quantitative Tightening (QT) mode lately to help cool recent elevated inflation. However, I bet the Fed will be going to a net zero (not QT or QE) stance soon before they begin QE again in the future.
This will, hopefully in the short term, help inflation expectations come down, but tariffs will pressure inflation to increase if tariffs aren't offset enough by the administration lowering the taxes on U.S. citizens and businesses to have a net zero effect (which is possible). If the Federal Reserve starts QE sooner than later (highly unlikely unless our economy goes into a recession), then that will certainly put a lot of pressure on inflation to go up. This is a mistake the Fed has done before in the past back in the 1970's / 1980's until past Fed Chairman Paul Volcker raised rates to the highest they've ever been to break the insane inflation rates back then. Time will tell if history rhymes again or not. I certainly hope inflation is tamed and not allowed to go crazy again. Please feel free to leave a comment / your thoughts below. I welcome all feedback on anywhere my analysis may have been wrong. Good luck trading / investing out there.
S&P 500 Daily Chart Analysis For Week of Feb 14, 2025Technical Analysis and Outlook:
During the recent weekly trading session, the S&P 500 effectively reached and tested the critical Key Resistance level at 6083. It retested the completed Outer Index Rally at 6120, indicating a potential continuation of the bullish trend toward the intermediate target of 6233. However, a market pullback is anticipated due to this price action. Current analyses suggest that the designated downward target is set at the Mean Support level of 6049, with potential extensions to 5995, 5936, and the Outer Index Dip at 5878.
EUR/USD Daily Chart Analysis For Week of Feb 14, 2025Technical Analysis and Outlook:
During the trading session in the current week, the Euro reached our designated Mean resistance of 1.050 and is establishing a potential resurgence of extending upward momentum to an Inner Currency Rally of 1.060. On the other hand, if the anticipated upward resurgence does not emerge, the cryptocurrency may experience a drop toward the Mean Support of 1.039. Further engaging with the Mean Support level at 1.030 and the Key Support at 1.024, ultimately progressing toward the completed outer Currency Dip target of 1.020 and outermost Outer Currency Dip of 1.005.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 14, 2025Technical Analysis and Outlook:
During this week's trading session, Bitcoin has remained closely aligned with the completed Outer Coin Dip at 96000. This development suggests a potential pullback to retest the Mean Support level at 91800, with the possibility of further decline down to the Outer Coin Dip marked at 89000 before a possible resurgence in the bull market.
On the other hand, if the anticipated pullback does not occur, the cryptocurrency may experience upward momentum, retesting the Mean Resistance level at 101300. This could lead to an extension toward challenging the completed Outer Coin Rally at 108000 through Key Resistance at 106000.
[4H] DXY - Mid-Term Analysis Under Donald TrumpThe U.S. dollar experienced heightened volatility on the day of Donald Trump’s hypothetical inauguration for a second term as president, reflecting market uncertainty around his policy agenda. Below is an analysis of potential drivers for the dollar’s trajectory, incorporating short-term dynamics and longer-term risks:
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1. Tariffs, Inflation, and the Fed’s Response
A renewed push for reciprocal—and potentially universal (due to practicality)—tariffs could disrupt global trade flows, raising import costs for U.S. businesses and consumers. Coupled with an already tight labor market, these pressures could accelerate inflation. Elevated input costs (e.g., raw materials, manufactured goods) might manifest in key metrics like the Consumer Price Index (CPI) as early as Q2 2024 (March-May), particularly if supply chains face renewed bottlenecks.
In this scenario, the Federal Reserve —which remains staunchly data-dependent—could respond with rate hikes to anchor inflation expectations. Higher interest rates would likely bolster the dollar’s appeal in the near term, attracting foreign capital seeking yield advantages in U.S. Treasuries or other dollar-denominated assets. Markets may price in this hawkish pivot ahead of official Fed action, amplifying short-term dollar strength.
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2. Safe-Haven Demand Amid Geopolitical Risks
Trump’s aggressive trade rhetoric (e.g., targeting China, the EU, or emerging markets) risks sparking retaliatory measures, reviving fears of a global trade war. Heightened geopolitical uncertainty could drive investors toward traditional safe-haven assets, including the U.S. dollar and Treasury bonds. This dynamic would likely support the DXY (Dollar Index) in the short term, particularly if equity markets react negatively to protectionist policies.
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3. Long-Term Risks: Economic Slowdown and Eroded Confidence
While tariffs and inflation may initially buoy the dollar, their prolonged implementation could backfire. Sticky or increased inflation combined with higher borrowing costs (from Fed hikes) might dampen consumer spending, corporate investment, and GDP growth. Simultaneously, trade barriers could shrink export opportunities for U.S. industries, exacerbating economic headwinds.
Over a multi-year horizon, these factors could undermine confidence in the dollar’s stability, especially if deficits widen or growth stagnates ( stagflation risks ). Markets are forward-looking, however, and may begin discounting these risks earlier—potentially as soon as late 2024—if trade tensions escalate or growth indicators falter.
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Conclusion: Volatility as the Only Certainty
The dollar’s path will hinge on the speed and scale of policy implementation, the Fed’s reaction function, and global market sentiment. While short-term strength is plausible due to rate hike expectations and safe-haven flows, structural risks loom on the horizon. Trump’s unpredictable policymaking style adds layers of uncertainty, suggesting the dollar could face a turbulent, news-driven cycle. Investors should brace for whipsaw moves in the DXY, with tactical opportunities in the near term countered by longer-term macroeconomic vulnerabilities.
Key Watchpoints: CPI prints (Q2 2024), Fed meeting language, trade negotiation timelines, and global central bank responses to U.S. protectionism.
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This analysis balances immediate catalysts with structural shifts, acknowledging the dollar’s role as both a haven and a victim of its own policy successes.
$USIRYY -U.S CPI (January/2025)ECONOMICS:USIRYY 2.9%
(January/2025)
source: U.S. Bureau of Labor Statistics
- The annual inflation rate in the US likely held steady at 2.9% in January 2025, matching December’s figure, which was the highest since July.
On a monthly basis, the CPI is expected to have risen by 0.3%, slowing from 0.4% in December, with food and energy prices continuing to increase, particularly natural gas.
Meanwhile, annual core inflation, which excludes volatile components such as food and energy, is anticipated to decline for a second consecutive month to 3.1%, marking the lowest level since April 2021.
In contrast, monthly core inflation is projected to edge up to 0.3% from 0.2% in December, driven primarily by an increase in new and used car prices.
Bearish Bias Locked int - Now We wait for the dropBearish Bias Locked In – Now We Wait for the Drop | SPX Market Analysis 11 Feb 2025
The bullish chapter is closed, and our focus is now entirely bearish as we eye a move toward 5980. Futures are already pointing lower, teasing a 20-point drop at the open.
Will we get the full range move, or will SPX keep stalling?
Either way, we’re locked and loaded—now, we wait for the market to tip its hand.
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SPX Deeper Dive Analysis:
📉 Bearish Positions Locked In
SPX is now fully bearish, with bullish trades wrapped up profitably or at break-even following the bear turn signal. This continues to aligns perfectly with our 6 money-making patterns, where we expect a move from range highs to range lows.
📊 Futures Hint at a Lower Open
Overnight futures are already down 20 points, suggesting:
✅ A weaker SPX open
✅ A potential move toward 5980
✅ Confirmation that momentum is shifting lower
🔍 ADD Still Has Room to Fall
Yesterday’s ADD reading hit the upper bullish extreme
That leaves plenty of downside wiggle room
If ADD pushes lower, indexes could also follow through
⏳ For Now, It’s a Waiting Game
The bearish setup is in place
Price action will dictate the next move
A clean range move to 5980 remains the primary target
🚀 Key Takeaway? The market is aligning with expectations, but we still need follow-through to lock in profits.
Fun Fact:
📢 Did you know? In 1987, the Dow dropped 22.6% in a single day—the biggest percentage crash in history. That’s the equivalent of the S&P 500 dropping over 1,000 points today!
💡 The Lesson? Even in structured markets, major moves can happen fast. This is why having a rule-based trading system keeps you ahead of the chaos.
$CNIRYY -China Inflation Rate Hits 5-Month PeakECONOMICS:CNIRYY 0.5%
(January/2025)
source: National Bureau of Statistics of China
- China’s annual inflation rate surged to 0.5% in January 2025 from 0.1% in the prior month, above consensus of 0.4%.
This was the highest figure since August 2024, driven by seasonal effects from the Lunar New Year.
Meantime, producer prices fell by 2.3% yoy, keeping the same pace as in December while declining for the 28th month.
Monday sell Off? History May Repeat Itself...Monday Sell-Off? This Setup Says It’s Coming... | SPX Market Analysis 10 Feb 2025
Another week wraps up, and as I eye Monday’s open, I can’t shake a sense of déjà vu.
The last two weeks started with a gap down, followed by a bearish finish into the weekend.
Super Bowl Sunday is also here – Can the Kansas City Chiefs complete an unprecedented three-peat in Super Bowl 59 or will the Philadelphia Eagles gain revenge? Just like the markets, only time will tell and we will have to wait and see.
That said, Friday’s setup is setting the stage for another pop ‘n drop. The only question? What triggers the fall this time?
...
SPX Deeper Dive Analysis:
📉 Mondays Have Been Bearish – Will This One Be Too?
The last two Mondays started with a gap down, followed by a bearish move into the weekend. If the pattern holds, next week could open with a bang – but not necessarily to the upside.
🏈 Super Bowl & The Markets – A Perfect Parallel?
The markets are playing their own Super Bowl showdown. Will the bulls make a comeback, or will the bears crush their hopes yet again? Just like the Chiefs vs. Eagles, we can only wait and see.
🔻 Friday’s Bearish Setup – A Warning Sign?
- V-shaped reversal entry ✅
- Bearish pulse bar confirmation ✅
- Similar daily bar pattern to the last two Fridays ✅
📌 So What Happens Monday?
If history repeats itself, we could see:
- A pop higher at the open, luring in buyers 🏹
- A sharp drop shortly after, trapping the late bulls 🕳
- A repeat of the last two weeks' bearish close 📉
🔑 Key Takeaway: The setup is there. Now we wait for the trigger.
Fun Fact:
📢 Did you know? The Super Bowl Indicator suggests that if an AFC team wins, markets go bearish, but if an NFC team wins, markets go bullish.
💡 The Lesson? As ridiculous as it sounds, market psychology is a wild beast. While we don’t trade superstition, it’s always fun to see how random events get tied to stock performance.
S&P 500 Daily Chart Analysis For Week of Feb 7, 2025Technical Analysis and Outlook:
During the weekly trading session, the S&P 500 effectively hit critical support levels at 5996 and 5936, respectively. A downtrend presently characterizes the market, as bullish momentum is stalled. Current analyses indicate that this downward trajectory will likely persist, with anticipated retesting of the Mean Support levels of 5996, the possibility of trading at Mean Support 5936, and a significant decline to the Outer Index Dip at 5878. Should this scenario not materialize, the market is favorably positioned for the subsequent phase of the bullish trend, with the test of the newly established resistance level at 6083 and revisiting the previously completed Outer Index Rally level of 6120.
EUR/USD Daily Chart Analysis For Week of Feb 7, 2025Technical Analysis and Outlook:
During the trading session on Monday of the current week, the Euro reached the Key Support level of 1.024 and brushed off the completed outer Currency Dip at 1.020. This movement was followed by a significant rebound, establishing a new Mean Resistance level at 1.040, which is expected to be tested in the forthcoming trading sessions.
Conversely, the prevailing downward movement may prepare the price action for a subsequent decline if the anticipated rebound fails to materialize. This may lead to a revisit of the completed Outer Currency Dip at 1.020, further engaging with the Mean Support level at 1.030 and the Key Support at 1.024, ultimately progressing toward the specified outer Currency Dip target of 1.005.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 7, 2025Technical Analysis and Outlook:
On Monday, during the current week’s trading session, Bitcoin reached the Mean Support level of 91800 and consistently hit the targeted Outer Coin Dip at 96000. This development indicates a likely pullback to retest the Mean Support level of 91800, with the possibility of further decline down to the Outer Coin Dip located at 89000 before a potential resurgence in the bull market.
Conversely, the anticipated pullback does not materialize. In that case, the cryptocurrency may experience upward momentum, retesting the Key Resistance level at 106000 and potentially extending to challenge the completed Outer Coin Rally at 108000 and beyond.
NFP Incoming - Will SPX Smash 6100?NFP Incoming – Will SPX Smash 6100? | SPX Market Analysis 7 Feb 2025
The bulls keep charging as SPX edges closer to 6100. But with the NFP report dropping pre-market, things could get lively.
Will we blast through resistance or bounce back down? Expect some whipsaw chaos before the market settles – but with a bullish trend already in play, we should at least get one more push toward target exits before the dust settles.
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SPX Deeper Dive Analysis:
📈 Bullish Move On Track
SPX has ridden the momentum train all the way from the range lows to the range highs. Now, we’re staring at 6100, the key level where decisions will be made.
🚀 NFP Report – A Market Mover
Today’s Non-Farm Payroll (NFP) data drops just before the opening bell. This is one of the bigger monthly catalysts, meaning we could see:
A breakout past 6100 if the market likes the numbers.
A sharp rejection back into the range if traders get spooked.
A whipsaw shakeout, with wild swings before settling.
🔄 Short-Term Expectation? A Push Higher
Even if volatility kicks in, the existing bullish momentum should at least give us a final nudge up toward target exits. Whether we smash through 6100 or stall out, we’re in prime position to lock in profits.
⏳ The Good Kind of Waiting
Once again, we’re in a holding pattern, waiting for the market to tip its hand. But this is strategic patience – the kind where we’ve done the hard work and now simply let the market do its thing. The setups are in place – now, we sit back and watch the magic unfold.
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Fun Fact:
📢 Did you know? In 2010, a trader accidentally caused a $1 trillion stock market crash in just 36 minutes – all because of a fat-finger trade.
💡 The Lesson? One typo, one misclick, or one overleveraged position can cause chaos. Always double-check your trades, because even the pros have hit the wrong button before.
Markets Meltdown - Trade War Fallout BeginsMarkets Meltdown - Trade War Fallout Begins? | SPX Market Analysis 3 Feb 2025
Ahoy there Trader! ⚓️
It’s Phil…
Markets are waking up in full meltdown mode, all thanks to weekend tariff mayhem and rising tensions throwing a wrench into global trade. SPX futures are deep in the red, but that’s not necessarily bad news if you’re positioned right!
With bear swings already paying out big and bull swings needing some management, the real question is—do we get follow-through selling, or is this just another knee-jerk overreaction?
Let's dig in!
SPX Deeper Dive Analysis:
🔥 Trade War Whiplash Hits Markets Hard
The overnight futures carnage was triggered by new tariff disruptions, retaliatory measures, and escalating trade war tensions—all set to take effect on Tuesday. The global market reaction was swift and brutal.
SPX Futures: Hit a low of -120 points before bouncing to -80 points (-1.3%).
Similar Pattern to Last Monday: Another huge gap down breaking out of last week’s range.
Bearish Follow-Through or Bullish Bounce? Watching for a continuation lower or a bounce.
💰 Trade Plan: Profits on Bear Swings, Managing the Bullish Side
Friday’s range reversal gave us an edge before the market even opened:
✅ Bear swings from Friday = Near-maximum gains at the open.
✅ Rolling the bull swing may be required—assessing once we see price action.
✅ Large gap downs = Risky entries—patience required before placing fresh trades.
⏳ Key Levels to Watch
📌 Gap Fill Potential: Do we snap back into the prior range or confirm a deeper decline?
📌 Early Flush or Fakeout Rally? Let the first 30-60 minutes set the tone before making big moves.
📌 Fast Forward Group Call Strategy: Real-time assessment of market direction at the open.
For now, the plan is patience and precision—we wait for confirmation before making the next move.
Fun Fact:
📉 The Worst Market Drop from Tariff Wars? In 1930, the Smoot-Hawley Tariff Act triggered a global trade collapse, slashing world exports by 66% and worsening the Great Depression.
Lesson Learned?
Tariffs are rarely good news for markets. Every major tariff war in history has caused volatility, market corrections, or outright crashes. Whether today’s chaos is temporary or the start of something bigger remains to be seen!
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece
S&P 500 Daily Chart Analysis For Week of Jan 31, 2025Technical Analysis and Outlook:
During the current weekly trading session, the S&P 500 has successfully retested the significant threshold of the completed Outer Index Rally at 6123. The market is presently exhibiting a downtrend phase, as the bullish momentum appears to be temporarily suspended. Analyses indicate that this downward trajectory will likely persist, with targets set at the Mean Support levels of 5996 and potentially 5936. This considerable corrective pullback may create an opportunity for the re-establishment of a bullish trajectory toward further rally targets. Should this development occur, the market could be favorably positioned for the subsequent phase of the bullish trend, which would involve retesting the completed Outer Index Rally level of 6120 and targeting the following Outer Index Rally levels of 6233 and the highly anticipated target of 6418.
EUR/USD Daily Chart Analysis For Week of Jan 31, 2025Technical Analysis and Outlook:
Following a successful retest of our Mean Resistance at 1.051, the Eurodollar has undergone a significant retracement to our Mean Support at 1.041. It is now positioned to approach the newly established Mean Support at 1.024. We anticipate that this downtrend will persist as it seeks to retest the Interim Inner Currency Dip, set at 1.020, in conjunction with Key Support at 1.024. However, this downward movement may also result in a temporary "dead-cat bounce," allowing the price action to prepare for the subsequent decline.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 31, 2025Technical Analysis and Outlook:
During this week’s trading session, Bitcoin reached its targeted Mean Support levels, specifically at 101300 and 98000. This development indicates a probable pullback to retest the Mean Support level of 98000, with the potential for further extension to the Outer Coin Dip positioned at 96000 before a possible resurgence in the bull market occurs. Conversely, should this anticipated pullback not materialize, the currency may experience upward movement, retesting the completed Inner Coin Rally at 108000 and potentially expanding to 110000 and 114500, ultimately challenging the outermost Outer Coin Rally at 122000.
$EUNITR - Europe Interest Rates $EUNITR
(January/2025)
source: European Central Bank
- The European Central Bank lowered its key interest rates by 25 bps in January 2025, as expected, reducing the deposit facility rate to 2.75%, the main refinancing rate to 2.90%, and the marginal lending rate to 3.15%.
This move reflects the ECB’s updated inflation outlook, with price pressures easing in line with projections.
While domestic inflation remains elevated due to delayed wage and price adjustments, wage growth is moderating, and corporate profits are absorbing some inflationary effects.
Despite persistent tight financing conditions, the rate cut is expected to gradually ease borrowing costs for firms and households.
The ECB remains data-driven and has not committed to a predetermined rate path, emphasizing a cautious approach to ensuring inflation stabilizes at its 2% target.
$USINTR -U.S Interest Rates ECONOMICS:USINTR
(January 2025)
source: Federal Reserve
-The Fed kept the funds rate steady at the 4.25%-4.5% range as expected, pausing its rate-cutting cycle after three consecutive reductions in 2024.
The Fed showed more optimism about the labor market and noted that inflation remains somewhat elevated, removing the reference to ongoing progress toward the 2% target.
The Fed also said the economic outlook is uncertain, and is attentive to the risks to both sides of its dual mandate.
$JPINTR -Japan's Interest Rate (December/2024)ECONOMICS:JPINTR 3.6%
(December/2024)
source: Ministry of Internal Affairs & Communications
- The annual inflation rate in Japan jumped to 3.6% in December 2024 from 2.9% in the prior month, marking the highest reading since January 2023.
Food prices rose at the steepest pace in a year (6.4% vs 4.8% in November), with fresh vegetables and fresh food contributing the most to the upturn.
Further, electricity prices (18.7% vs 9.9%) and gas cost (5.6% vs 3.5%) increased at the fastest rate in four months with the absence of energy subsidies since May.
Additional upward pressure also came from housing (0.8% vs 0.9%), clothing (2.9% vs 2.6%), transport (1.1% vs 0.9%), furniture and household utensils (3.0% vs 3.7%), healthcare (1.7% vs 1.6%), recreation (4.0% vs 4.5%), and miscellaneous items (1.1% vs 1.1%).
In contrast, prices continued to fall for communication (-2.1% vs -3.0%) and education (-1.0% vs -1.0%).
The core inflation rate rose to a 16-month high of 3.0%, up from 2.7% in November and matching consensus. Monthly, the CPI increased by 0.6%, the highest figure in 14 months.