Silver Update | $40This TA focuses on long term projections using the last fractal pattern and a fibonacci extension to help with finding targets.
Longterm
Will THETA return to an upward trend?Hello everyone, I invite you to review the current situation on Theta Token. When we enter the one-day interval, we can see how the price moved in the formed downtrend channel. What's more, we can see here the movement at the lower border of the channel and how the price maintains a strong support at the level of $ 0.90, however, if we go lower, just below the channel border, a very strong support zone for the price from $ 0.69 to $ 0.42 is visible.
We can also see how the price enters a slight sideways trend in which it can approach the downtrend line lasting inside the downtrend channel, such consolidation and gathering of energy can have a positive impact on the movement in the coming weeks, which can lead to growth. When such a scenario works, we can see a nice upward movement around $ 1.36, another significant resistance can be seen at $ 1.75, and then we have strong resistance around $ 2.36.
It is worth paying attention to the MACD indicator here, which shows how we are staying in the lower range and the ongoing movement is visible here, which may also indicate a potential attempt to rebound the price.
Behind the DCA Strategy: What It Is and How It WorksWho invented the Dollar Cost Averaging (DCA) investment strategy?
The concept of Dollar Cost Averaging (DCA) was formalized and popularized by economists and investors throughout the 20th century, particularly with the growth of the U.S. stock market. One of the first to promote this strategy was Benjamin Graham , considered the father of value investing and author of the famous book The Intelligent Investor (published in 1949). Graham highlighted how DCA could help reduce the risk of buying assets at excessively high prices and improve investor discipline.
When and How Did Dollar Cost Averaging Originate?
The concept of DCA began to take shape in the early decades of the 20th century when financial institutions introduced automatic purchase programs for savers. However, it gained popularity among retail investors in the 1950s and 1960s with the rise of mutual funds.
Overview
The core principle of DCA involves investing a fixed amount of money at regular intervals (e.g., every month. This approach allows investors to purchase more units when prices are low and fewer units when prices are high, thereby reducing the impact of market volatility.
Why Was DCA Developed?
The strategy was developed to address key challenges faced by investors, including:
1. Reducing Market Timing Risk
Investing a fixed amount periodically eliminates the need to predict the perfect market entry point, reducing the risk of buying at peaks.
2. Discipline and Financial Planning
DCA helps investors maintain financial discipline, making investments more consistent and predictable.
3. Mitigating Volatility
Spreading trades over a long period reduces the impact of market fluctuations and minimizes the risk of experiencing a significant drop immediately after a large investment.
4. Ease of Implementation
The strategy is simple to apply and does not require constant market monitoring, making it accessible to all types of investors.
Types of DCA
Dollar Cost Averaging (DCA) is an investment strategy that can be implemented in two main ways:
Time-Based DCA → Entries occur at regular intervals regardless of price.
Price-Based DCA → Entries occur only when the price meets specific criteria.
1. Time-Based DCA
How It Works: The investor buys a fixed amount of an asset at regular intervals (e.g., weekly, monthly). Entries occur regardless of market price.
Example: An investor decides to buy $200 worth of Bitcoin every month, without worrying whether the price has gone up or down.
2. Price-Based DCA
How It Works: Purchases occur only when the price drops below a predefined threshold. The investor sets price levels at which purchases will be executed (e.g., every -5%). This approach is more selective and allows for buying at a “discount” compared to the market trend.
Example: An investor decides to buy $200 worth of Bitcoin only when the price drops by at least 5% compared to the last entry.
Challenges and Limitations
1. DCA May Reduce Profits in Bull Markets
If the market is in an bullish trend, a single trade may be more profitable than spreading purchases over time or price dips.
2. Does Not Fully Remove Loss Risk
DCA helps mitigate volatility but does not protect against long-term bearish trends. If an asset continues to decline for an extended period, positions will accumulate at lower values with no guarantee of recovery.
3. May Be Inefficient for Active Investors
If an investor has the skills to identify better entry points (e.g., using technical or macroeconomic analysis), DCA might be less effective. Those who can spot market opportunities may achieve a better average entry price than an automatic DCA approach.
4. Does Not Take Full Advantage of Price Drops
DCA does not allow aggressive buying during market dips since purchases are fixed at regular intervals. If the market temporarily crashes, an investor with available funds could benefit more by buying larger amounts at that moment.
5. Higher Transaction Costs
Frequent small investments can lead to higher trading fees, which may reduce net returns. This is especially relevant in markets with fixed commissions or high spreads.
6. Risk of Overconfidence and False Security
DCA is often seen as a “fail-proof” strategy, but it is not always effective. If an asset has weak fundamentals or belongs to a declining sector, DCA may only slow down losses rather than ensure future gains.
7. Requires Discipline and Patience
DCA is only effective if applied consistently over a long period. Some investors may lose patience and leave the strategy at the wrong time, especially during market crashes.
#1000CHEEMSUSDT is setting up for a breakout Long BINANCE:1000CHEEMSUSDT.P from $0,0014000
🛡 Stop loss $0,0013740
1h Timeframe
⚡ Plan:
➡️ POC is 0,0013254
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $0.0014380
💎 TP 2: $0.0014700
🚀 BINANCE:1000CHEEMSUSDT.P is setting up for a breakout—preparing for an upward move!
#API3USDT is setting up for a breakout📉 Long BYBIT:API3USDT.P from $0,8985
🛡 Stop loss $0,8543
1h Timeframe
⚡ Plan:
➡️ POC is 0,8185
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $0,9300
💎 TP 2: $0,9630
💎 TP 2: $0,9900
🚀 BYBIT:API3USDT.P is setting up for a breakout—preparing for an upward move!
BTC - Bullish SOON!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC has been in a correction phase, and it feels like it's taking forever! ⏳
As long as the blue trendline holds, the overall bias remains bullish. 📈
As BTC approaches the blue trendline—perfectly aligning with a demand zone and support—we'll be watching for trend-following longs to catch the next big impulse move upward. 🚀
For now, we wait! ⏳
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold Trend Today - Continue to Increase?🔔🔔🔔 Gold news:
➡️ Gold prices have been at the 2900 - 2930 level for a long time, creating strong pressure for gold to break out in the US session yesterday.
➡️ In addition, 2 Weak economic data CPI and PPI of the US along with other weak data and the spreading trade war are the buttons to remove the strong increase of gold to 2990 (+1.95%)
➡️ On the other hand, weak CPI and PPI of the US show that the economy is slowing down, reinforcing concerns about the possibility of recession due to the recent weakness of US fundamentals. making the Fed's interest rate cut expectations also make Gold positive but buyers become cautious in the context of the US dollar and US treasury bond yields rising again.
Personal analysis:
➡️Gold will continue to maintain the uptrend, and the strong psychological target at 3,000 is not far away
➡️However, RSI (1H) enters the extreme level of 82 and is showing signs of divergence, so gold will have a short-term decline today. You should wait for gold's recovery to buy at a good price.
➡️ Analysis based on important resistance - support levels and Fibonacci combined with Pivot points to come up with a suitable strategy
Resistance zone: 2990 3000 3018
Support zone: 2973 2956
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2.973 - 2.970 (European session)
❌SL: 2.965 | ✅TP: 2.979 - 2.985 - 2.995
👉Buy Gold 2.954 - 2.956
❌SL: 2.949 | ✅TP: 2,960 – 2,965 – 2,970
👉Sell Gold 3,018 – 3,020
❌SL: 3,025 | ✅TP: 3,014 – 3,010 – 3,005
FM wishes you a successful trading day 💰💰💰
EUR/USDd trend in European and American sessions today🔔🔔🔔 EUR/USD news:
👉The EUR/USD pair remains range-bound as the US Dollar stabilizes ahead of the Federal Reserve’s monetary policy meeting. The Euro (EUR) holds steady after German leaders, including the Greens led by Franziska Brantner, agreed to establish a 500 billion Euro infrastructure fund and implement significant changes to borrowing regulations, particularly the 'debt brake,' which is set for approval in the lower house of Parliament on Tuesday.
👉Market participants anticipate that Germany’s decision to increase defense spending through a historic adjustment of the debt brake will stimulate economic growth.
Personal opinion:
👉The EUR/USD pair remains in long-term uptrend. Recent weak US economic data, especially CPI and PPI, have raised concerns about a US recession. This has weakened the Dollar significantly.
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy EUR/USD 1.0870- 1.0880
❌SL: 1.0840| ✅TP: 1.0920 – 1.0950 – 1.0990
FM wishes you a successful trading day 💰💰💰
EURCHF is starting to turn upLooks like a trend reversal at last.
1. Strong pinbars from the levels below 0.92 that rob the stops.
2. A broken trend line, higher lows, higher highs
3. it is currently at a very important level,we are watching how it will react and whether it will be overcome.
4. We are now long on a larger time frame.
Why Invest in CONMED Corp (CNMD)?Why Invest in CONMED Corp (CNMD)?
Strong Earnings Growth – CONMED has experienced a remarkable increase in earnings, with EPS surging by 104% year-over-year and net income rising by 105% YoY. This indicates strong financial performance and profitability momentum.
Attractive Valuation – The stock is currently trading at a P/E ratio of 13.79, which is significantly lower than its historical averages. This suggests that CNMD may be undervalued relative to its past performance and industry peers.
Consistent Revenue Growth – The company reported revenue of $1.31 billion for the last year, marking a 5% increase compared to the previous period. This steady growth highlights CNMD’s ability to expand its market presence.
Improving Margins and Efficiency – CONMED has seen an increase in operating income (+66% YoY), operating margin (+58% YoY), and return on assets (+104% YoY), demonstrating better cost management and operational efficiency.
Dividend and Low Payout Ratio – The company pays a dividend of $0.80 per share, yielding approximately 1.35%, with a conservative payout ratio of 18.6%. This allows room for future dividend increases while maintaining financial flexibility.
Healthcare Sector Stability – As a medical technology company specializing in surgical devices, CONMED operates in a defensive sector that tends to be resilient during economic downturns. This provides investors with a level of stability.
Solid Balance Sheet and Liquidity – The company has a current ratio of 2.3, indicating strong short-term liquidity. Additionally, its quick ratio of 0.94 suggests it can cover its immediate liabilities effectively.
Final Thoughts:
CONMED presents a compelling investment case due to its strong earnings growth, attractive valuation, improving profitability, and stable position in the healthcare sector. However, potential investors should always consider market conditions and individual risk tolerance before making investment decisions.
Reasons to Invest in CVS Health (CVS)Reasons to Invest in CVS Health (CVS)
Strong Market Position
CVS Health is a leading healthcare company with a diversified business model, including retail pharmacies, insurance, and healthcare services. Its extensive network provides a competitive advantage.
Attractive Valuation
CVS is currently trading at a P/E ratio of approximately 12.23, which is lower than its historical average of 17.55. This suggests the stock may be undervalued compared to its long-term performance【41】.
Consistent Free Cash Flow (FCF)
The company generates significant free cash flow, which allows it to invest in growth, reduce debt, and return capital to shareholders.
Dividend and Shareholder Returns
CVS has a stable dividend policy with a payout ratio that allows for sustainable growth while reinvesting in the business【40】.
Resilient Business Model
The healthcare industry is defensive, meaning CVS can perform well even in economic downturns. The company benefits from consistent demand for prescriptions and healthcare services.
Future Growth Potential
CVS is expanding its healthcare services through acquisitions and technology-driven solutions. Investments in Medicare, pharmacy benefits, and digital health are expected to drive long-term growth.
Would you like a deeper fundamental comparison between CVS and its competitors?
Occidental Petroleum - Warren Buffett's Strong EndorsementWhy Buying Occidental Petroleum (OXY) is a Good Investment
Warren Buffett's Strong Endorsement
Berkshire Hathaway, led by Warren Buffett, has been consistently increasing its stake in OXY, holding over 25% of the company. Buffett's long-term approach and confidence in OXY suggest strong fundamentals and future growth potential.
Solid Financial Performance
OXY has a P/E ratio of 20.95 and a profit margin of 19%, showing strong profitability in the energy sector. Its ROE of 15% indicates effective management of shareholder equity.
Strong Free Cash Flow (FCF)
The company generates around $1 billion in free cash flow, which enables it to reduce debt, buy back shares, and pay dividends—key factors Buffett looks for in an investment.
Favorable Industry Trends
With growing global energy demand and OXY's focus on low-cost production, the company is well-positioned to benefit from higher oil prices and long-term energy market stability.
Debt Reduction & Financial Strength
OXY has significantly reduced its debt-to-equity ratio (0.85), strengthening its balance sheet after the Anadarko acquisition. Buffett prefers companies that prioritize financial discipline.
Carbon Capture & Future Growth Potential
OXY is a leader in carbon capture technology, positioning itself for long-term sustainability as the world moves toward cleaner energy solutions. This gives it a competitive edge in the evolving energy market.
Buffett's Potential Full Acquisition
With Berkshire Hathaway increasing its stake and securing regulatory approval to buy up to 50% of OXY, there is speculation that Buffett may eventually acquire the entire company. This could drive further price appreciation for OXY shares.
Conclusion
Buffett's heavy investment in OXY, combined with strong financials, solid cash flow, and promising energy market trends, makes the company an attractive value play for long-term investors.
Gold Trend Next Week-Will New Momentum Make the Uptrend Stronger🔔🔔🔔 Gold news:
➡️Gold prices have fallen after hitting a record high, surpassing $3,000, following a series of weaker-than-expected economic indicators, especially PPI and CPI. Concerns about a possible US recession have weighed on the US dollar, boosting demand for the non-yielding metal.
➡️Risky trade policies under President Trump and the possibility of the Federal Reserve easing policy by another 66 basis points (bps) by 2025 are expected to support gold's uptrend in the near future.
➡️Geopolitical tensions are also weighing on gold demand. The ceasefire between Ukraine and Russia remains at a crossroads, as Russia appears unwilling to abide by the 30-day ceasefire.
➡️In particular, Trump launched a large-scale attack on the Houthis in Yemen, killing many people. This will be the impetus for gold prices to break out in the coming time
Personal opinion:
➡️Gold has an additional driving force to increase in price, plus the previous news is still persistent, causing gold prices to maintain their upward momentum and show no signs of stopping
➡️Consider strong support zones when gold declines to be able to buy at a good price. Limit selling gold because you will mistakenly think it is the top, not yet.
➡️Technically, RSI shows signs of divergence and is expected to decrease slightly in the early Asian session. Currently, you should prioritize news over technical analysis.
Resistance zone: 3005 - 3012 - 3020
Support zone: 2980 - 2970 - 2956
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2,980 - 2,977 (Scalping)
❌SL: 2,975 | ✅TP: 2,983 - 2,986 - 2.990
👉Buy Gold 2,970 - 2,968
❌SL: 2,964 | ✅TP: 2,975 – 2,980 – 2,990
👉Sell Gold 3,010 – 3,012 (Scalping)
❌SL: 3.016 | ✅TP: 3.007 – 3.004 – 3.000
👉Sell Gold 3,018 – 3,020
❌SL: 3,025 | ✅TP: 3,014 – 3,008 – 3,001
FM wishes you a successful trading day 💰💰💰
PayPal - Multiple Signals Pointing to a Potential Bottom!I’ve just entered a position in PayPal, and the reason is that several overlapping factors are lining up in a way that suggests a potential bottom may be in.
First, it looks very likely that Wave (2) is complete. The stock tapped the 61.8% Fibonacci retracement level with precision and has held that level over the past few days – all while the RSI has been climbing, which is a strong bullish divergence signal in my book.
Second, PayPal just touched last year’s VWAP level perfectly, which I view as another strong technical indicator for a potential reversal.
How far this move could go is still unclear, but the open gap above is definitely something I’m watching closely. For that to be in play, $71 needs to be reclaimed. And from here on, $66 should not be touched again.
That’s my plan – and that’s how I’m trading it. Let’s see if the market plays along.
Will XAU/USD Hit a New ATH - Heading for 3,000?🔔🔔🔔 Gold news:
👉The US dollar is facing increasing pressure due to changes in US trade policy and increasing global economic uncertainty. If the US government continues on its current path, these pressures could increase, pushing investors towards safe-haven assets such as gold.
👉 In addition, slowing economic growth and expectations of a Federal Reserve rate cut are adding pressure on the greenback. Conversely, gold's appeal as a hedge against geopolitical uncertainty and currency weakness has increased. Rising global tensions and concerns about persistent inflation make the precious metal increasingly attractive for portfolio diversification.
Personal opinion:
👉 RSI (1H) is showing signs of divergence and gold has failed to break above 2950 during the European session. Signs for gold to ease for a momentum break
👉In addition, the DXY and the US 10-year bond yield rising again could slow down the gold rally
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
🔆 Resistance level: 2.956 2.970
🔆 Support level: 2.940 2.932 2.920
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2.940 – 2.938
❌SL: 2.934 | ✅TP: 2,944 – 2,948 – 2,954
👉Sell Gold 2,955 – 2,957 (Scalping)
❌SL: 2,961 | ✅TP: 2,952 – 2,948 – 2,943
👉Sell Gold 2,969 – 2,971
❌SL: 2,976 | ✅TP: 2,965 – 2,961 – 2,956
FM wishes you a successful trading day 💰💰💰
GBP/USD Trend Next Week - New Uptrend?🔔🔔🔔 GBP/USD news:
👉The British Pound (GBP) remained mostly unchanged in trading after the UK’s GDP data showed a 0.1% decline in January. The rolling three-month measure increased by 0.2%, aligning with forecasts. The weak performance in January was driven by global uncertainty and concerns over tariffs.
👉Next week, the UK's economic focus will be on the Bank of England's interest rate decision, with expectations that rates will remain unchanged on Thursday.
👉Meanwhile, weak U.S. CPI and PPI data have reinforced market expectations that the Federal Reserve may ease monetary policy sooner. However, with U.S. President Donald Trump set to impose reciprocal tariffs on April 2, the outlook remains uncertain.
Personal opinion:
👉Recent weak U.S. data is fueling fears of a recession in the country. This has caused the US dollar to start to decline again
👉The GBP/USD pair has been under pressure from sellers, but the 1.2900 level has held firm after several attacks by sellers. If this level is not broken early next week, it may be a stepping stone for another price increase after the sellers are exhausted
Resistance zone: 1.2960 1.3000
Support zone: 1.2900 1.2860
Analysis:
👉Based on resistance-support levels combined with fibonacci and SMA to come up with a suitable strategy.
Plan:
🔆Price Zone Setup:
👉Buy GBP/USD 1.2910 – 1.2900
❌SL: 1.2860 | ✅TP: 1.2950 – 1.2990 – 1.3030
FM wishes you a successful trading day 💰💰💰
AUD/USD Trend in Upcoming Trading Session🔔🔔🔔 AUD/USD news:
👉The weak US CPI report is driving the AUD/USD pair higher during the US trading session. In addition to CPI, other recent US economic data have also shown signs of weakness, raising concerns about a potential recession. The US Dollar remains under pressure as economic risks in the country deepen, compounded by the increasingly unpredictable tariff policies of President Trump.
👉Meanwhile, the Australian Dollar's (AUD) gains are limited by fears that the US-China trade war could significantly weaken Australia's business activity, given its heavy reliance on exports to China. So far, the US has imposed a 20% tariff on imports from China.
Personal opinion:
👉In the short term, the upward momentum of AUD/USD is still valid due to the impact of weak economic data from the US
👉RSI (1H) enters the oversold zone and shows signs of a slight reversal
👉Bullish Pennant pattern is forming and showing signs of a breakout
Analysis:
👉Based on trend lines and price action, combined with Pivot points to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy AUD/USD 0.6285 – 0.6300
❌SL: 0.6250 | ✅TP: 0.6340 – 0.6380 – 0.6430
FM wishes you a successful trading day 💰💰💰
USD/CAD Trend Today - Further Upward?🔔🔔🔔 USD/CAD news:
👉All eyes are on the Bank of Canada (BoC) this Wednesday, as markets widely anticipate another interest rate cut—the seventh consecutive one. This time, expectations are for a 25-basis-point reduction, mirroring the move made in January.
👉Meanwhile, the Canadian Dollar (CAD) has been weakening, retreating from last week's highs and approaching the 1.4500 mark against the US Dollar (USD).
👉Adding to the uncertainty, Canada’s inflation data is now under scrutiny. In February, the annual inflation rate, measured by the Consumer Price Index (CPI), inched up to 1.9% from the previous 1.8%. At the same time, the BoC’s core CPI rose for the second consecutive month, reaching 2.1% year-over-year, surpassing the central bank’s target.
Personal opinion:
👉The USD/CAD pair will still maintain an uptrend in the near future. The tariff policies between Canada and the United States have made the CAD, a riskier currency, suffer more damage.
👉The US 10-year bond yield and DXY rebounded, adding more pressure to the CAD
Analysis:
👉Based on important resistance - support levels combined with standard pivot points and EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.4375 - 1.4390
❌SL: 1.4340 | ✅TP: 1.4440 - 1.4480 - 1.4520
FM wishes you a successful trading day 💰💰💰
WTI - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 64.000, resumption of uptrend is expected.
We make sure when the resistance at 79.361 breaks.
If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
TVC:USOIL BLACKBULL:WTI
Technical analysis:
A peak is formed in daily chart at 79.355 on 01/15/2025, so more losses to support(s) 64.900 and minimum to Major Support (64.000) is expected.
Take Profits:
68.354
70.182
72.434
74.449
77.410
79.361
83.961
87.000
93.882
100.802
109.192
126.350
__________________________________________________________________
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Have a successful week,
ForecastCity Support Team
MSTR - MicroStrategy : Long Strategy
This stock Microstrategy Inc is showing some good recovery price action here on the 1Hr chart. It is a triple bottom and this is strong market structure, typical of a reversal sequence
The neckline is about 314 which will soon be taken. The chart has a very popular indicator FBB, Fibonacci Bollinger Bands. The middle line is derived from volume moving averages.
It is also bullish on the daily and weekly.
Fundamentals are good, I did hear they burnt through stacks of cash but this was for inventories. Future is bright for this techy and its these companies, Nvidia, Apple, Google etc that lead the markets bullish out of corrections.
GOLD(XAUUSD) -Weekly forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
OANDA:XAUUSD TVC:GOLD
Technical analysis:
A trough is formed in daily chart at 2832.55 on 02/28/2025, so more gains to resistance(s) 3000.00, 3050.00, 3080.00 and more heights is expected.
Take Profits:
2833.00
2879.11
2955.00
3000.00
3050.00
__________________________________________________________________
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Have a successful week,
ForecastCity Support Team
USD/JPY Trend in Upcoming Trading Session - Bearish?🔔🔔🔔 USD/JPY news:
👉The latest US CPI report shows that headline inflation rose by 2.8%, slightly below the expected 2.9% and slower than January’s 3% increase. Core CPI, which excludes food and energy prices, eased to 3.1% from the previous 3.3%, while economists had anticipated a moderate slowdown to 3.2%. On a monthly basis, both headline and core inflation rose by 0.2%, falling short of the forecasted 0.3% increase.
👉With inflationary pressures cooling, traders are expected to increase their bets on the Federal Reserve cutting interest rates in May. Fed Chair Jerome Powell stated on Friday that the central bank's restrictive policy stance will not persist for long if the labor market weakens unexpectedly or inflation declines more than anticipated.
👉The US Dollar has remained weak in recent weeks, as investors believe that former President Donald Trump’s tariff policies could slow economic growth, with higher import duties potentially reducing household purchasing power.
👉Meanwhile, the Japanese Yen has been underperforming its counterparts despite major Japanese companies agreeing to significant wage increases for the third consecutive year, according to a Reuters report. This could strengthen inflation expectations and raise the likelihood of the Bank of Japan implementing another rate hike this year.
Personal opinion:
👉Based on economic information, it can be seen that USD/JPY will maintain its downward momentum in the coming time.
Technical analysis:
👉Shows signs of price breaking the trend line and touching the pivot point of the Pivot points
RSI (1H) shows signs of reversing down after entering the overbought zone
Plan:
🔆 Price Zone Setup:
👉Buy USD/JPY 148.40 – 148.60
❌SL: 1.4340 | ✅TP: 148.00 – 147.60 – 147.00
FM wishes you a successful trading day 💰💰💰
NZDCHF - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 0.49439, beginning of uptrend is expected.
We make sure when the resistance at 0.52680 breaks.
If the support at 0.49439 is broken, the short-term forecast -beginning of uptrend- will be invalid.
OANDA:NZDCHF
Technical analysis:
A peak is formed in daily chart at 0.51845 on 02/20/2025, so more losses to support(s) 0.49950 and minimum to Major Support (0.49439) is expected.
Take Profits:
0.51043
0.51780
0.52680
0.53798
0.55094
0.56221
0.56728
0.57630
0.58900
0.60187
0.65051
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ForecastCity Support Team
