Fundamental Analysis
10 Year in Trouble...Ruh-Roh Raggy...the 10YR is now playing peekaboo over the downward trendline we have developed over the last few months.
EURUSD After the NewsEURUSD broke out of its range after the FED once again reduced the interest rate.
This sets the stage for the next entry opportunities.
The resistance levels are 1,0398 and 1,0434.
The goal is to test and break the previous low.
XAUUSD: Are we heading towards $2400? Dear Traders,
Since yesterday's massive drop on gold prices, we are now confident that price is likely continue to drop in coming days or weeks. Please wait for price to come nearby to our entry and then enter with accurate risk management. Good luck.
GOLD: Bearish Trend (Head & Shoulder Pattern)GOLD is moving in bearish trend and currently its forming Head & Shoulder Pattern on 1hr time frame with bearish divergence and its also break the nick line so we will take a short trade on CMP price with proper Risk Management.
ENSUSDT: Bullish Trend (HHs & HLs)ENS is moving in uptrend and its forming HHs and HLs on 1hr time frame, and there is no bearish sign, so we will wait for the break of the previous HHs for the confirmation of the bullish trend and take a long trade.
RUNEUSDT: Bullish Trend RUNE is moving in uptrend and currently RUNE is touching the trend line and there is also bearish divergence on 1hr time frame, but as per my analysis, RUNE is dilute the divergence and its possibility to move in uptrend. so use proper risk management with SL and TP.
GOLD H1 SHOWS BULLS / BEARS ?GOLD: Sideways Trend Persists Ahead of Fed Decision
Gold price is currently trading in a sideways trend, struggling to find direction ahead of the Federal Reserve's policy announcement. The precious metal is caught between the 21-day Simple Moving Average (SMA) support at $2,655 and the 50-day SMA resistance at $2,671.
Traders are adjusting their USD positions ahead of the Fed's decision, with mixed US PMI data and geopolitical tensions supporting gold prices. Markets have fully priced in a 25 basis point interest rate cut by the Fed.
Technical indicators suggest a lack of clear directional bias, with the 14-day Relative Strength Index (RSI) trading flat at around the 50 level.
Targets:
Buy target : $2,700, $2,726
Sell target : $2,613, $2,600
Best Wishes Tom 😎
SELL GBPUSD - How the FED impacted the USD!!!Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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TAGETS FOR XAUUSD (GOLD) IN FOMC The Federal Open Market Committee (FOMC) is set to announce its interest rate decision
A horizontal line marks the supply zone, a price level where selling pressure is likely to increase, potentially leading to a downward price movement.
IF YOU WILL GET PRICE THEN ENTER
KEY POINTS FOR SET-UP
ENTRY ZONE 2660 TO 2656
TARGETS WILL NE MENTIONED IN IDEAS
SL BE MUST 2673
LIKE SHARE AND COMMENT KEEP FOLLOW FOR DAILY TA AND SETUP'S
Doge pull back. Keep holding and buy more. Just on the last bull run we had a huge push up. Before having a pull back of 40%! That’s massive. Lot of people sold and took the loss or small gains. This happened over 7 days of lower lows and then BOOM! Over 14 days 177%!!!! There are a lot of people who do this. Give you hope. But this is just data. Good luck trading out there.
SIlver possible buy set upSilver is currently in a downtrend, driven by the strength of the U.S. dollar following Fed Chair Powell's speech earlier today. However, as we analyze the chart, we can see that the price is approaching a key diagonal support level. This area has historically shown buyer interest, and I anticipate a potential rebound from this zone.
With the Fed signaling a slower pace of rate cuts in the coming year, the dollar's momentum may be temporary, creating an opportunity for silver to regain strength. This setup presents a favorable risk-to-reward scenario for a buy on XAG/USD, targeting a bounce from the diagonal support while keeping an eye on USD dynamics and upcoming economic data. Monitor closely for confirmation of buyer activity before entering the trade.
TSLA - Technicals, Fundamentals, and Who he knowsGood Morning Traders,
🚗Tesla NASDAQ:TSLA has been on a remarkable upward trajectory, and the outlook remains bullish with continued closures over $376 look for $420 to be tested and $475 next upside.
Let's break down why Tesla can continue to be bullish for reasons outside of Price Action. 📈
Revenue Growth: Tesla continues to report impressive revenue growth 📈, driven by strong sales of electric vehicles and energy products 🚗⚡.
Profitability: The company has turned profitable 💰, with a positive net income and strong cash flow 💵.
Innovation: Tesla remains at the forefront of innovation 🔧🚀 in the EV and energy sectors, with continuous advancements in technology and production efficiency 💡.
Additionally
Carbon Credits and EV Policies
Carbon Credits: Tesla has been capitalizing on selling carbon credits to other automakers who need them to meet regulatory requirements. This has been a significant revenue stream for Tesla.
EV Credits: There are discussions about removing federal EV credits, which could impact the market. Tesla's strategic position and established market presence might make it harder for new entrants to compete without these incentives.
Political Connections
Elon's relationship with President Donald Trump has been beneficial. With Trump's support for electric vehicles and renewable energy, Tesla stands to gain from favorable policies and potential subsidies and knock on effects from yet to be known changes.
🌍Industry Trends
The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1.
Share thoughts in the comments! ❤️
Trading signals USDJPYWaiting for m30 candle to confirm close above 153.600 zone to confirm BUY signal now.
BUY USDJPY now 153.600-153.400
↠ Stoploss 153.200
→ Take Profit 1 153.900
→ Take Profit 2 154.500
Dow price increased and closed above 2 EMA lines for a nice buy signal.
Not financial adviceNot financial advice just my position on recent news looking for continuation oppurtunities.
SPY 65 MinutesNeed to recapture 590 or we dial 911.
Looking at 65 minute timeframes, seems to me that we need to get 590 by friday so the bull parade gets going
"Growth"The growth of just moving in a perpetual range. A lot of people will tell you growth goes up. What if it's purely a function of liquidity and monetary supply?
DAILY ANALYSIS - XAUUSD (THURS, 19th DECEMBER 2024)Bias: No Bias
USD News:
-Final GDP q/q
-Unemployment Claims
Analysis:
-Ratecut on FOMC & indications of only 2 rate cut on 2025
-looking for price to retest the bearish structure
-Looking for BUY/SELL if there's confirmation on lower timeframe
-Pivot point: -
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy
SPY GETS FROTHY
We might see all post election gains erased before year end, are you a BULL or a BEAR...... is the Santa rally over?! What say you?
forecast for btcWith the breakout of the ascending trend line on the RSI, we expect the Bitcoin price to correct to the Fibonacci level of 0.618 (79800 $)
Bitcoin - Finally time for a drop! (alien technology)Bitcoin (crypto) is a technology that was brought to planet Earth by alien species. You probably heard of Grays, Reptilians, and Dracos from TV or YouTube. These days they are everywhere, and they are represented as evil to humanity. They infiltrated the government, presidential candidates, and big companies. They are here, but you don't see them. You can watch the following interview with a reptilian: www.youtube.com
Crypto technology is not new in the galaxy, and humans didn't invent it. But let's take a look at the price action. The Bitcoin bullish cycle is coming to an end. I think the end will be around 125,000 USDT, so you don't want to buy the TOP. We can expect a 60% to 50% correction in 2025/2026 - that would be 60k per Bitcoin.
At the top of each bullish cycle, many people get stuck with their holdings by buying near-all-time highs, then experience a massive crash in their account due to extremely high Bitcoin volatility. In the short- term, I expect a pullback to the bottom of the parallel channel, profit 1: 99405, profit 2: 94700.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Bullish Liquidity Grab on USD/SGD ExpectedTechnical Analysis
Monthly Chart:
On the monthly chart, USD/SGD has shown a recovery after testing significant support zones, indicating that buyers stepped in to defend these levels. However, the recent upward movement appears overextended, suggesting a potential slowdown or correction in the near term. This aligns with broader market dynamics and the technical exhaustion seen after extended bullish runs.
Daily Chart:
The daily chart offers more clarity on current price action:
Double High Formation: Two equal highs have formed on the chart, a classic indication of liquidity resting above these levels. From a price behavior perspective, this suggests that the market is likely to push upward to liquidate these equal highs before considering a significant move lower.
Consolidation Zone: The price is currently consolidating, which often precedes a breakout. This consolidation reinforces the likelihood of a push higher to clear liquidity, especially when aligned with the broader USD dynamics.
Fundamental Analysis
U.S. Dollar Factors Impacting USD/SGD:
The strength of the U.S. Dollar (DXY) plays a crucial role in USD/SGD movements. Here's how recent developments affect the pair:
Liquidity Grab in DXY: The DXY recently breached its key level of 107.348 and is now showing bearish tendencies. However, short-term bullish corrections could provide temporary support for USD/SGD, aligning with the potential liquidity grab above the equal highs on the daily chart.
Interest Rate Outlook:
The Federal Reserve has shown hesitancy toward further rate cuts due to inflation concerns.
Robust labor market conditions, especially during the holiday season, reduce the immediate likelihood of aggressive rate cuts.
However, rising unemployment or stable-to-declining inflation could shift this outlook, leading to USD weakness and potential corrections in USD/SGD.
Upcoming Economic Catalysts:
Nonfarm Payrolls (NFP) and unemployment data later this week are expected to influence USD sentiment significantly. If unemployment increases as expected, it could lead to a broader decline in the U.S. Dollar, impacting USD/SGD.
Summary and Outlook
Technical Expectations:
Short-Term: USD/SGD is likely to push higher to liquidate the equal highs on the daily chart, given the consolidation and market behavior around these liquidity zones.
Post-Liquidity Grab: After clearing the highs, a correction is probable, particularly if the broader U.S. Dollar weakens. This correction could take the pair back toward key support levels, depending on fundamental triggers.
Key Factors to Monitor:
DXY price action, particularly around its short-term support zones.
NFP and unemployment data for clues on the U.S. labor market and inflation trends.
Any changes in Federal Reserve policy outlook or macroeconomic developments in Singapore.
Price Outlook:
In the short term, USD/SGD may target the equal highs as a liquidity zone.
In the medium term, the pair could correct lower following the liquidity grab, aligning with overextended technical patterns and potential USD weakness driven by fundamental factors.
By aligning technical insights with the fundamental outlook for the U.S. Dollar, traders can anticipate near-term bullish moves in USD/SGD, followed by a potential correction.
