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Fundamental Analysis

Gold will fall again after a small upward movementInstrument: Time Frame: H4 Chart Observations: 1. A Strong choch was identified after several BOSes 2. That Choch changed the direction of trend from up side to down. 3. Fair Value Gape was also Observed at the place where ChOch formed 4. Gold is going up to fill the fair value gape and it will get instant reversal from P.O.I Trading Strategy: In this trade Our Risk Reward Ratio will be (1:5) Right Now We put Buy Entries Upto 2735 Strong Selling Zone will be 2735_2740 little above the P.O.I will be our S.L= 2755 the Previous L.L will be our Take Profit= 2642
TVC:GOLDShort
by Fxjames0009
EUR/USD: Potential Decline Amidst US Dollar Strength and Econ...EUR/USD: Potential Decline Amidst US Dollar Strength and Economic Developments As we delve into the forex markets, one of the most watched currency pairs, EUR/USD, is facing mounting pressures that could lead to further depreciation of the euro against the US dollar. A confluence of economic indicators, political shifts, and technical analysis suggests that the outlook for the euro may not be optimistic in the near term. US Dollar: Strength from Political Winds Recent trade activity surrounding the US dollar has gained traction, particularly as the Republican Party appears positioned to exercise substantial influence over the economic agenda. With a focus on implementing expansive tax cuts and trimming government spending, the potential for an invigorated US economy grows. This could lead to increased investor confidence in the greenback, bolstering demand and ultimately driving the EUR/USD pair lower. Moreover, support for the US dollar may be further fortified by upcoming economic announcements. Today's schedule is packed with significant economic data, including the unemployment claims, the Federal Funds Rate decision, the FOMC Statement, and the FOMC Press Conference. Each of these factors will provide insight into the health of the US economy and the potential direction of monetary policy, likely impacting the dollar's trajectory. Impact of Trump Tariffs on Europe The economic climate in Europe could face challenges as the repercussions of Trump-era tariffs continue to reverberate. Concerns regarding sluggish growth rates in key Eurozone economies may prompt the European Central Bank (ECB) to adopt an even more accommodative stance. Analysts speculate that the ECB could consider cutting interest rates to near zero by 2025 if economic expansion remains tepid. Such a move would further weigh on the euro, making it less attractive to investors compared to a potentially rising dollar. Technical Analysis: Possible Demand Area From a technical perspective, the EUR/USD pair appears to be approaching another critical demand area. Recent Commitment of Traders (COT) data highlights a contrasting sentiment in the market, with retail traders predominantly holding bearish positions, while "smart money" seems to be accumulating long positions. This divergence can be a strong indicator of upcoming price movements. Analysis of the daily footprint suggests that the price has recently reached and confirmed this demand zone, which may provide a potential reversal opportunity. In line with seasonal forecasting, traders may want to keep an eye on historical patterns that indicate a possible bullish surge. Daily Footprint 6E1! Crafting a Trading Plan Given the myriad of factors at play, traders should align their strategies with their trading rules and risk tolerance. As the economic landscape evolves, the decisions made in the coming days and weeks will be crucial. Monitor Economic Data: Pay close attention to today's economic releases. Positive data could further bolster the USD, while any sign of weakness in the Eurozone could hasten the depreciation of the euro. Watch Technical Indicators: Keep an eye on key support and resistance levels. A sustained move below the current demand area could signal a bearish continuation. Consider Seasonal Trends: Be aware of seasonal patterns that might indicate a potential bullish retracement. Market dynamics can shift quickly, so having a flexible plan is essential. In conclusion, while the EUR/USD pair is currently under pressure, the interplay between political developments, economic indicators, and technical signals may create opportunities for discerning traders. Staying informed and adaptable is key as the market navigates through this evolving landscape. Previous Idea closed: ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
1
USDJPY Daily Analysis: Slight Bearish Bias Expected Amid !!USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Fundamental Shifts 08/11/2024 Introduction In today's analysis of USDJPY, the pair appears to carry a slight bearish bias, driven by significant macroeconomic factors. These include recent economic data from Japan, U.S. dollar movements, and evolving global risk sentiment. In this article, we’ll explore the critical factors affecting USDJPY today, helping you stay ahead in your trading decisions. --- Key Drivers Influencing USDJPY Today 1. Bank of Japan (BoJ) Policy Stance The Bank of Japan has maintained its ultra-loose monetary policy, but recent statements hint at a gradual shift if inflation stabilizes around target levels. Markets are speculating on potential policy adjustments, increasing support for the Japanese yen (JPY). Any tightening signals from the BoJ would strengthen the JPY, adding bearish pressure to USDJPY. 2. U.S. Federal Reserve’s Caution on Rate Hikes The Federal Reserve’s recent statements show a cautious stance on further interest rate hikes due to mixed economic data and inflation uncertainties. This dovish outlook has weakened the U.S. dollar (USD) across major currency pairs. A softer USD supports a bearish bias for USDJPY, especially as U.S. bond yields decline, making the JPY more appealing. 3. Global Risk Sentiment Impacting Safe-Haven Flows The JPY is considered a safe-haven currency and often gains during periods of market uncertainty. With mixed global economic indicators and recent geopolitical tensions, investors may lean towards the JPY, contributing to USDJPY’s bearish potential. 4. Technical Factors Supporting a Bearish Bias USDJPY recently tested key resistance levels and failed to break higher, adding to the bearish sentiment. The pair is also trading close to its 50-day moving average, a significant level that, if broken, could signal further downward movement. --- Technical Analysis Indicators Supporting a Bearish Outlook Moving Averages and RSI USDJPY is hovering near its 50-day moving average, a critical support level. A sustained break below this line may confirm a bearish trend. Additionally, the RSI (Relative Strength Index) is showing early signs of downward momentum, signaling potential selling pressure ahead. MACD and Volume Analysis The MACD (Moving Average Convergence Divergence) indicator is showing bearish divergence, reinforcing the expectation of a bearish trend for USDJPY. Volume analysis also shows a decline in buying pressure, aligning with the anticipated downward movement. --- Conclusion The combination of a cautious Fed, potential policy changes from the BoJ, and current risk sentiment suggests a slight bearish bias for USDJPY today. Traders should keep an eye on key technical levels and monitor any news impacting the USD and JPY for further confirmation. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenOutlook - #USDJPYtoday - #USDJPYnews - #ForexMarketAnalysis - #USDJPYprediction
Short
by PERFECT_MFG
EURAUD long Friday Nov 8, 2024A long trade on the EURAUD currency pair based on interest rate differential between the EUR and the AUD. Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move the markets is at a disadvantage to traders who factor fundamental data into their trading decisions. The fundamental data that have the most effect on exchange rates are interest rates, which affect the perceived value of currencies. While central bank rates are not volatile, the yields on government bonds, such as the U.S. 10-year treasury note, fluctuate on all time frames in global bond markets. Those yields reflect the expectation the market has as to where future central bank rates will go. Bond yields are often a leading indicator of interest rates and of exchange rates. In the forex market, the metric that applies to a currency pair is the interest rate differential, especially the delta, or change in the interest rate differential, on various time frames. This trade shows a case where movement of the interest rate differential, expressed in basis points, in the positive direction was a leading indicator of movement of the EURAUD currency pair in the same direction.
Long
by Zee111666
Fundamental Market Analysis for November 08, 2024 EURUSDEvents to pay attention to today: 17:00 EET. USD - UoM Consumer Sentiment 18:00 EET. USD - FOMC Member Michelle W. Bowman Speaks EURUSD: The EUR/USD exchange rate is declining towards 1.07800 due to increased demand for the US dollar during Asian trading hours on Friday. Furthermore, the prospect of increased tariffs under the Trump administration is exerting downward pressure on the euro relative to the US dollar. Analysts anticipate further market movements based on the release of the expanded Michigan consumer sentiment data for November, as well as a speech by Federal Reserve (Fed) chair Michelle Bowman on Friday. As anticipated, the US Federal Reserve reduced its key interest rate by 25 basis points at its November meeting on Thursday. The US central bank is keen to avoid any further weakening of the labour market and still anticipates a gradual decline in inflation towards the Fed's 2% target. It is anticipated that the Fed will continue to reduce interest rates at forthcoming meetings, although the precise timing remains unclear. The Fed will continue to assess data in order to determine the appropriate pace and direction of interest rate cuts. Mr. Trump has pledged to impose a 10% tariff on imports from all countries, which has exerted downward pressure on the euro. The European Union has the second-largest trade deficit with the United States in the world and is the largest exporter to the United States, according to JPMorgan. Furthermore, the European Central Bank (ECB) is reducing interest rates at a faster pace than the Federal Reserve. This may result in a depreciation of the euro against the US dollar. The ECB has already reduced rates three times this year due to declining inflation risks in the Eurozone. Growing expectations of another rate cut are contributing to the euro's decline in the near term. Trading recommendation: We follow the level of 1.08000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
by Fresh-Forexcast2004
1
Need a lift to the $30 mark? LYFT is here for you!Lyft is gaining bullish momentum, with the potential to fill the bearish gap at the $30.00 level. The stock has shown resilience at the $12.75 support level, and a decisive break could trigger a sustained upward movement. The technical setup suggests a strong buying opportunity as it approaches key support levels, creating a favorable 5.4 risk-reward ratio for traders looking to capitalize on the next breakout. From a long-term perspective, Lyft also presents a compelling investment opportunity. As the second-largest player in the U.S. ride-hailing market, Lyft continues to benefit from a growing gig economy and rising demand for mobility services. The company’s ongoing focus on improving profitability, optimizing operational costs, and expanding into new revenue streams, such as its growing bike and scooter business, positions it well for sustainable growth. Additionally, with competitors like Uber focusing on a diversified portfolio, Lyft’s leaner, ride-sharing-centric business model allows it to concentrate on enhancing user experience and driver incentives. In an environment of increasing urban mobility and transportation demand, Lyft’s streamlined approach and its digital-first strategy could lead to market share gains and increased investor confidence. As it targets higher valuations, Lyft’s improving fundamentals and potential gap fill at $30.00 make it an attractive buy for both momentum traders and long-term investors. NASDAQ:LYFT
NASDAQ:LYFTLong
by The_Trading_Mechanic
1
GBP/USD climbs after Bank of England cut ratesThe British pound has rebounded on Thursday. In the North American session, GBP/USD is trading at 1.2983, up 0.81% on the day. A day earlier, the pound took a drubbing, sliding 1.2%. There was no surprise as the Bank of England lowered the key interest rate by 0.25% to 4.75%. The markets had priced in the move at close to 100% and the Monetary Policy Committee voted 8-1 in favor of the cut, with one member voting to hold rates at 5%. The BoE has now lowered rates twice since its easing cycle in August. BoE policymakers had signaled that a rate cut was coming, as September inflation dropped sharply to 1.7%, the first time in over three years that inflation dropped below the BoE’s target of 2%. The central bank is expected to lower rates gradually in modest increments of 25 basis points in the coming months, but last week’s UK budget could complicate things. The budget included tax hikes and increased spending, which is expected to boost inflation. That could mean a pause at the next BoE meeting in December and a slower pace of rate cuts next year. The Federal Reserve meets later today, in the shadow of the dramatic US election, in which Republican Donald Trump cruised to a surprisingly easy victory over Democrat Kamala Harris. The Fed is virtually certain to trim rates by 0.25% to 4.5%-4.75%. With inflation easing, the Fed is expected to continue its rate-cutting cycle into 2025. GBP/USD pushed above resistance at 1.2920 earlier and then tested resistance at 1.3007 There is support at 1.2793 and 1.2706
by OANDA
AirBNB Is A Buy Before EarningsAirBNB will present its quarterly figures tomorrow. For us, the share is a buy ahead of earnings for the following reasons: The share is currently trading along its long-term mean, so there are no signs of any exaggeration in the price. The daily and weekly charts also show a hidden bullish divergence in the OBV. We expect the AirBNB share price to rise to the USD 151 to 156 range in the short term, which corresponds to an increase of around 7 to 10 percent.
NASDAQ:ABNBLong
by Ochlokrat
GER30 forecast This is GER30 forecast I'm looking for sell opportunities, but the is possible buy opportunity. I'm look for this current 1d candlestick to close under the 19410.00 level. Then tomorrow's 1d candlestick to show bearish power/close bearish under the 19305.00 level. Then I will be looking for retest on the 19305.00 level for continuation of sell. If this doesn't happen, then I will be looking for buy opportunity above 19410.00 level. but the trade will be based on technicals, sentiment and fundamentals. Update will be given
FX:GER30
by SnowIQ
1
HolderStat | BTC-ETFs felt the inflows of money againCrypto’s Institutional Era Has Begun 💼 Did you know the US might consider buying up to 5% of Bitcoin’s total supply for a national reserve? Meanwhile, pension funds like the one in the UK are already stepping in, allocating 3% of their assets to BTC. This could reshape the entire market landscape. For the first time, we’re in a bull cycle where institutional giants are not just observing but actively participating. From ETFs to direct investments, their influence is undeniable. This influx of capital might bring unprecedented growth—but also new challenges for retail traders. Want to stay ahead and learn how to leverage this? Follow us for exclusive insights! 🚀
COINBASE:ETHUSDLong
by HolderStat
11/7/24 - $asts - Y'all ready to ball? Bot it!11/7/24 :: VROCKSTAR :: NASDAQ:ASTS Y'all ready to ball? Bot it! - honestly i'm still pretty cash heavy, so i'm playing ITM calls (and have started taking profits today as well... still hold NASDAQ:META , NYSE:TSM , NYSE:UBER as well as added on the top to my long-dated NASDAQ:NXT 's and hold a nice bag of OTC:BITW too). - but that being said, with solar re-popping. i "get" that NASDAQ:ASTS "isn't" space X... and elon has his opinions. he's a competitor. he's an edge lord. his job is to do this - duh. - for a stock that has such high interest, cool application... i'd expect IV to jump around earnings next week, or even more generally if risk remains bid. can't say i'm in for a lot - but i have some $20 C's for next week. seems like an interesting bet. and if the stock actually sells off i can decide to take a larger shares, or longer-date ITM calls position like i did my other core names above. - what do you think. shall we ball, brawl or bawl? TO THE MOON ;) V
NASDAQ:ASTSLong
by VROCKSTAR
HolderStat | BTC has reached a new ATHHaving analyzed 100 mln bitcoin wallets, we formed an index reflecting their sentiments. And here are the conclusions we came to 👇 👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale. 💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly refrained from transactions and some made sales. This behavior can be seen as both anticipation of a BTC correction and a liquidity spillover into altcoins in pursuit of greater profits. 📌 Considering the correction scenario, it is worth noting that the levels of $73,000 and $70,000 may become a significant barrier to decline. Also, we should not forget that today the Fed will announce a decision on the key rate, which may affect the volatility of the price.
COINBASE:BTCUSD
by HolderStat
PayPal: No Hidden FeesPayPal continues to solidify its position as a global leader in digital payments, with a growing influence in e-commerce, financial technology, and consumer finance. PayPal's legacy of innovation, coupled with its strategic expansion into emerging markets and technologies, makes it a compelling investment for those looking to capitalize on the next wave of financial technology advancements. NASDAQ:PYPL Financial Performance: Revenue Growth: PayPal reported a 7% year-over-year increase in revenue for Q2 2024, largely driven by the success of its merchant services and consumer financial products, which together saw a robust 10% growth. This highlights PayPal's ability to adapt to changing market demands and expand its revenue streams. Earnings Beat: The company exceeded analyst expectations with an EPS of $1.45, outperforming the consensus estimate of $1.32. This marks PayPal's fifth consecutive quarter of earnings beats, showcasing its operational efficiency and strong market positioning. Cash Flow: PayPal's free cash flow improved to $6.8 billion for the first half of 2024, a 9% increase compared to the same period last year. This strong cash flow provides PayPal with the liquidity needed for continued innovation, strategic acquisitions, and potential shareholder returns. Fintech Leadership: Buy Now, Pay Later (BNPL) Expansion: In 2024, PayPal's BNPL offerings experienced a 20% increase in active users. This significant growth underscores the platform's appeal to both consumers and merchants seeking flexible payment solutions, particularly in a rising interest rate environment where credit accessibility is tightening. Cryptocurrency Integration: PayPal's cryptocurrency trading and payment services gained momentum in 2024, with a 15% increase in cryptocurrency transactions on its platform. As digital currencies become more mainstream, PayPal's early adoption positions it as a key player in this evolving market. Strategic Acquisitions: The acquisition of Paidy, a Japan-based BNPL firm, in late 2023 has already started to deliver positive results in 2024. This move enhances PayPal's presence in Asia, a region with immense growth potential, making PayPal a more formidable competitor in the global digital payments space. Partnerships: The expansion of PayPal's partnership with Shopify in 2024 is proving to be a win-win, delivering joint e-commerce and payment solutions that cater to global merchants. This collaboration further strengthens PayPal's role as a leading technology enabler in the e-commerce ecosystem. Technical Analysis: Stock Performance: As of August 23, 2024, PayPal's stock is trading at $70 per share, reflecting an 40% year-to-date increase. Despite this strong performance, the stock is still trading at a forward P/E ratio of 35x. This suggests that PayPal's stock may be undervalued relative to its peers, presenting a potential buying opportunity for investors. Price Target: Analysts remain bullish on PayPal's growth prospects, with a consensus price target of $220, representing a significant upside over the next 24 months. This optimistic outlook is supported by the continued expansion of PayPal's high-margin digital payment and fintech businesses, as well as its strategic moves in the BNPL and cryptocurrency spaces. Fundamental Perspective: While PayPal does not currently offer a dividend, its strong balance sheet, robust cash flow, and impressive growth potential make it an attractive investment for those looking to gain exposure to the rapidly evolving financial technology sector. The company's ability to consistently beat earnings expectations, coupled with its strategic focus on innovation and market expansion, underscores its potential to deliver long-term value to shareholders. Upcoming Earnings Dates: Q3 2024 Earnings: October 26, 2024 (preliminary) Q4 2024 Earnings: January 30, 2025 (measurable) PayPal's continued innovation and strategic growth make it a standout choice for investors looking to ride the wave of financial technology advancements. This revision emphasizes both the technical and fundamental aspects of PayPal's current position, highlighting why it remains a strong buy as of August 23, 2024. $71.80 NASDAQ:PYPL
NASDAQ:PYPLLong
by lognomics
Tesla’s Power Move: $300 Broken, $322 in SightUpdate: Good morning, trading family. It’s your guide, Mindbloome Trader, here to remind you to trade what you see. Tesla has broken through $300 and is holding strong. If it keeps this momentum, $322 is a realistic target. However, if it slips below $300, it could just be pausing before its next move. Stay patient, follow the trend, and trust the process. Let the market show you the way. Mindbloome Trading/ Kris Trade What You See
NASDAQ:TSLALong
by Mindbloome-Trading