Fundamental Analysis
gold on bearish at 2630#XAUUSD is full volatile, price will hit out many because the candlestick movement is not going well, now we wait for 2630 which have much supply zone to take sell. Which target will be below 2610-2597, stop loss at 2637 but if price break above 2639 then bullish is expected to continue.
RON to new ATHBINANCE:RONINUSDT Ronin is the most used gaming blockchain in the world, boasting over 100k daily active users and has previously peaked at 1 million DAU. Their curated game library is growing and retention numbers are strong.
BINANCE:RONINUSDT Ronin will be opening up in Q1 2025 allowing any developer to utilise its blockchain for deploying contracts, games, nfts and more.
The fundamentals are solid leading into Q1 and expecting the price to continue climbing unless there's a black swan event where BINANCE:BTCUSDT and COINBASE:ETHUSD drop heavily.
Powell Shocks the Crypto Market: Bitcoin Slides BackwardThe cryptocurrency market suffered a notable drop after Federal Reserve Chairman Jerome Powell stated that the Fed “cannot own Bitcoin or other cryptocurrencies.” These statements, made in the context of a financial stability conference, intensified the downward pressure in an environment already affected by recent monetary policy decisions.
Bitcoin and Ethereum on the Decline
Bitcoin, the leading cryptocurrency, lost more than 4% in the last 24 hours, falling below $25,000. Ethereum also experienced a similar decline, settling near $1,500. Both currencies face a challenging outlook amid regulatory uncertainty and risk aversion in global markets. The cryptocurrency is currently trading at the Sunday trading range on the 15th of this month, coinciding with the checkpoint (POC) at $101,711. For the time being, the value is holding and bullish pressure is once again picking up the market.
Powell and the role of the Fed
Powell stressed that while the Fed is interested in exploring the issuance of a central bank digital currency (CBDC), it does not see owning Bitcoin as consistent with its monetary policy or financial stability objectives. This comment reignited concerns about the future of cryptocurrencies in an environment where regulators are seeking greater control.
Market Outlook
Uncertainty over regulatory policies in the U.S., coupled with signs of a more restrictive Fed, continues to weigh on the cryptocurrency market. Investors are now closely watching any developments in digital asset legislation, as well as the impact of monetary policies on risk appetite.
Meanwhile, cryptocurrencies face an uncertain path, marked by the tension between their growing adoption and the increasingly strict oversight of global regulators.
Ion Jauregui - ActivTrades Analyst
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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.
NZDUSD → The price could fall another 2.5%FX:NZDUSD is forming a return to a strong support zone after testing it after a year. Against the backdrop of a rising dollar, the chances of a support breakout are growing.
The downtrend, rising dollar, weak fundamental background for NZD play a key role in forming a bear market. The price is testing the key resistance and trying to enter the selling zone. At the moment the price is restrained by the descending channel support and if the price manages to break this line and consolidate below, strong selling may be formed further, as there are no obstacles below it until 0.562.
Resistance levels: 0.577, 0.5817
Support levels: 0.575, 0.562
I do not exclude the possibility of correction if the buyers hold the support. But there is no chance of a trend change. Another retest of the support may lead to a breakdown and further fall to 0.562
Regards R. Linda!
Nikkei 225 Shaken by the BOJ and the FedAsian markets experienced a session of high volatility, impacted by the monetary policy decisions of the Federal Reserve (Fed) and the Bank of Japan (BOJ), along with the growing political uncertainty derived from Donald Trump's presidential campaign. The declines were led by technology sectors, while Japanese stock markets managed to trim some of their initial losses.
Fed Cools Expectations
The Fed met expectations by cutting rates by 25 basis points, but generated surprise by projecting a slower pace of cuts by 2025. This triggered a massive sell-off in risk assets, with the Nasdaq Composite leading the losses (-3.6%), its worst day in five months. This implied tightening hit the Asian technology sector in particular, which is sensitive to interest rate changes.
The Bank of Japan and the Yen
In Japan, the Nikkei 225 and the TOPIX started the session with declines of more than -1%, but closed with more moderate declines of -0.5%. The partial recovery came after the BOJ decided to keep interest rates unchanged.
The BOJ reiterated its caution regarding the economic outlook and indicated that inflation could pick up in 2025, remaining close to its 2% target. Although some investors had expected a rate hike in December, the decision to keep policy steady boosted export sectors, driven by the depreciation of the yen following the announcement.
Trump Adds Uncertainty
Nervousness was also fueled by political tensions in the U.S., as Donald Trump doubled down on his protectionist rhetoric and his election campaign continues to generate uncertainty about global trade relations.
Effects on Other Asian Markets
- South Korea: The KOSPI retreated 1.7%, with declines in technology giants such as SK Hynix and Samsung Electronics.
- China: The CSI 300 (-0.4%) and the Shanghai Composite (-0.7%) moderated losses on optimism about higher fiscal spending in 2025.
- Australia: The ASX 200 led regional decliners with a decline of 1.8%.
Perspective Overview.
The combination of a tighter Fed and a cautious BOJ has added to uncertainty in Asian markets. While the stronger dollar and tightening global financial conditions are pressuring markets in the region, the weaker yen could provide some relief to Japanese exports in the near term.
Attention now turns to the future decisions of major central banks, especially in the context of an increasingly fragile global economy.
Ion Jauregui - ActivTrades Analyst
*******************************************************************************************
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.
GOLD: Technical Trends and Fed Meeting Impact AheadGold remains relatively stable, hovering around $2,644 on Wednesday as I draft this article. This follows a rebound from a one-week low reached on Tuesday. The precious metal is currently under some pressure as investors anticipate the results of the final Federal Reserve meeting of the year.
From a technical standpoint, gold has already tested a significant daily demand zone, subsequently retreating from a high of $2,720. Now, the metal appears poised for a potential bearish trend as the US dollar continues to gain strength. Retail traders are predominantly holding long positions, whereas commercial traders seem to be reducing their long exposure, which could suggest a shift in market sentiment.
Looking ahead, the upcoming economic data from the US, including the Federal Open Market Committee (FOMC) meeting today and the unemployment claims report tomorrow, could provide further support to the dollar. If these reports indicate stronger economic conditions, it may exacerbate a bearish trend for gold prices.
As the market assesses the Fed's policy direction and its implications for interest rates and the dollar, gold will likely remain on the defensive. Investors should monitor these developments closely, as they could significantly influence gold's price movements in the near term. The combination of potential dollar strength and a shift in positioning among traders adds to the likelihood of continued bearish pressure on gold.
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XAUUSD looking for recovery? 1H analysisOANDA:XAUUSD XAUUSD went bearish after the FOMC news and made the weekly low of 2584. Traders had anticipated 25 bps cut but the 2 rate cuts in coming year was a surprise and everyone took it positively. TVC:DXY went strong bullish and peaked at 108.
Now for today's trading opportunity I have simplified the levels for you people.
For now, let's see if it's technical correction or just bullish continuing.
BUY LEVELS: 2619 If market is able to hold above the level.
SELL LEVELS:
2584 a major level and fall below this means short
2638 a level that can be considered a resistance for being in line with SMA
2656 A strong resistance level that is great short level.
NOTE:
there is economic news coming in the us session. so if you are new trader stay, stay away from market. If yore regular trader then be lenient with stops.
& Always if you like my idea then boost it and share your thoughts in the comments.
US Index Bullish after the FOMC Fed rate Cut off to 4.5US index bulish after the FOMC Fed rate cut.
Now the Price is still at 108.133 and the last resistance was break on the current level and wait for the confirmations
The next level will be 109.156 and 109.954.
The USD positive impact will have a negative impact on major pairs and gold; be careful when opening the trades.
*Note:
When the USD idex is strongly bullish and sentiments also show the data will impact after the gold bullish recovery.
Could South Korea's Currency Crisis Signal a New Economic ParadiIn a dramatic turn of events that echoes the turbulence of 2009, the South Korean won has plummeted to historic lows, breaching the critical KRW1,450 threshold against the US dollar. This seismic shift in currency markets isn't merely a numerical milestone—it represents a complex interplay of global monetary policy shifts and domestic political dynamics that could reshape our understanding of emerging market vulnerabilities in an interconnected world.
The Federal Reserve's recent "hawkish cut" has created a fascinating paradox: while lowering rates, it simultaneously signaled a more conservative approach to future reductions than markets anticipated. This nuanced stance, combined with South Korea's domestic political turbulence following President Yoon Suk Yeol's brief martial law declaration, has created a perfect storm that challenges conventional wisdom about currency stability in advanced emerging economies. The won's position as this year's worst-performing emerging Asian currency raises profound questions about the resilience of regional economic frameworks in the face of complex global pressures.
What makes this situation particularly intriguing is the response from South Korean authorities, who have deployed sophisticated market stabilization measures, including an expanded foreign exchange swap line of $65 billion with the National Pension Service. This adaptive response showcases how modern economic management requires increasingly creative solutions to maintain stability in an era where traditional monetary policy tools may no longer suffice. As markets digest these developments, the situation is a compelling case study of how developed economies navigate the delicate balance between market forces and regulatory intervention in an increasingly unpredictable global financial landscape.
GOLD FORECASTIn this chart we are analyzing 4H time frame for finding the upcoming moves and changes in gold price. By using SMC concept combine with price action and liquidity concept. I'm looking for buy trade opportunity. So what we will do just wait for price when it comes to our zone and observe the reaction of price when enter into the zone. Let's see what happens and which opportunity market will give us. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 4H Technical Analyze Expected Move.
DXY ANALYSISWe are focusing on the 4-hour time frame chart to analyze the potential moves and changes in DXY's price. Based on my bias, I am expecting a sell in the market today. Let's see what kind of opportunity the market provides. It is very important to get confirmation before taking a trade, so always wait for confirmation.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#DXY 4H Technical Analyze Expected Move.
EURUSD : The FED had spokenThis is a continuation of the 'same' idea posted previously. You will notice the 'older' lines.
$ assets are getting more 'expensive' with DXY and yield high, which is why stock and even the mighty BTC are falling. Very soon, either $ or yield has to give way and I think most likely it is the $.
But there is still a little juice left to this SELL trade. But in the near term, it would be best to look for BUY instead.
Good luck and keep an eye on the 10s as usual.
TRADING SUPPORT LEVELScript: NSE:ABSMARINE
Key highlights: 💡⚡
📈 Script is trading at near its Higher level keep an eye on stock, we may see some good rally.
📈 One can go for Swing and long Trade.
⏱️ C.M.P 📑💰- 215
🟢 Target 🎯🏆 - 265 - 300 - 345 - 390 - ATH
SL CB 180
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for educational purposes.
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Happy learning with trading. Cheers!🥂
Fundamental Market Analysis for December 19, 2024 EURUSDThe Pound-Dollar pair is strengthening after dropping more than 1% following the hawkish decision by the Federal Reserve (Fed) on Wednesday and is trading near 1.25900 in Asian hours on Thursday. The Pound Sterling (GBP) is receiving upward support as the Bank of England (BoE) is expected to leave interest rates unchanged later in the day, while maintaining focus on addressing elevated domestic inflation.
On Wednesday, data emerged that the U.K. Consumer Price Index (CPI) rose 2.6% year-over-year in November after rising 2.3% in October. The core CPI, which excludes volatile food and energy, rose 3.5% year-on-year in November, up from a previous increase of 3.3%. Meanwhile, annualized services inflation remained at 5%, below the forecast of 5.1% but above the Bank of England's estimate of 4.9%.
GBP/USD declined on the back of a stronger US Dollar as the Federal Reserve (Fed) decided to cut rates by 25 basis points (bps) at its December meeting on Wednesday, bringing the benchmark lending rate to a range of 4.25%-4.50%, a two-year low. On Thursday, traders will be watching for weekly data on initial jobless claims, existing home sales and the final annualized third quarter (Q3) gross domestic product.
Trading recommendation: Watch the level of 1.26000, if the level is fixed above consider Buy positions, if the level rebounds consider Sell positions.
Long Term Investment cum Trading Idea ( FnO Stock)ASHOKLEY LTP 217
Tgt:242/264/295🤞🏻
Long-term: 328/399/432🤞🏻🤞🏻
May add more on dips till 206-191
For investors with a long-term perspective and the ability to add on dips or hold calmly.
Time Frame: 4 to 12 months 🤞🏻
Trade as per your risk management and investment plan.
#luv4stockmarket
#scammersfreetrading
#atmanirbharinvesting
XauUsd/Gold: Gold is holding an important level!Looking for Impulse Down.
XauUsd/Gold: Gold is holding an important level. I anticipate it will move down by next week. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
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