GOLD IS STILL SIDEWAYThe price is still sideways and there are no clear signs of a break out. If the price breaks out to the 2610 area, we will look for a Buy point.
Markets
XAUUSD UPDATE 1HR CHARTXAUUSD is showing promising momentum as we aim for a long position, anticipating a steady climb back to the target we successfully achieved yesterday. Patience and strategy align for another potential win!
Will the Australian Dollar Survive the Perfect Economic Storm?In the intricate dance of global financial markets, the Australian dollar stands at a critical crossroads, facing a confluence of economic challenges that threaten its stability. The convergence of complex factors—including the Federal Reserve's cautious monetary policy, China's economic headwinds, and Australia's domestic economic pressures—creates a perfect storm of uncertainty that challenges traditional economic assumptions and investor strategies.
The current landscape reveals a nuanced battleground where geopolitical tensions, central bank decisions, and macroeconomic indicators intersect with unprecedented complexity. Projections suggest the Australian dollar could potentially decline to 62 cents against the U.S. dollar in early 2025, a forecast that speaks to deeper structural challenges facing the Australian economy. The Reserve Bank of Australia's delicate balancing act—managing persistent inflation, maintaining economic growth, and responding to global economic shifts—epitomizes the sophisticated challenges confronting modern monetary policy.
Beyond just numbers, this economic narrative reflects a significant test of resilience and adaptability. Investors and economic strategists face a unique moment of transformation, where conventional economic models are being challenged by unprecedented global dynamics. The interaction between U.S. monetary policy, China's economic challenges, and Australia's domestic economic strategy creates an intriguing intellectual puzzle that requires sophisticated analysis and a forward-thinking approach.
As the global economic landscape continues to evolve, the Australian dollar's journey becomes a microcosm of broader economic transformations. This is not simply a story of currency fluctuation, but a testament to the complex, interconnected nature of global financial systems—where every decision, from central bank policies to geopolitical strategies, can send rippling consequences through international markets. The true measure of economic strength lies not in avoiding challenges but in the ability to navigate them with insight, agility, and strategic foresight.
Niffy 50 ABC UP world markets BREAKING DOWN SOON The chart posted is that of the niffy 50 .I post months back of the blowoff to outside the long term channel and that A major top based on EW as well this rule on PCT outside the bands and channel called for a major decline .Since then I showed a clear 5 wave down ending wave 1 or A and now we have have what looks to be the ending of the ABC rally back into fib targets . What next we should start to see a rolling over and new DOWN leg to much lower levels . in a wave 3 or C .
Can Political Tremors Rewrite Global Financial Markets?In the intricate dance of global finance, South Korea's recent political upheaval serves as a compelling microcosm of how geopolitical dynamics can instantaneously transform economic landscapes. The Kospi Index's dramatic 2% plunge following President Yoon Suk-yeol's fleeting martial law declaration reveals a profound truth: financial markets are not merely numerical abstractions, but living, breathing ecosystems acutely sensitive to political breath.
Beyond the immediate market turbulence lies a deeper narrative of institutional resilience and adaptive governance. The swift parliamentary intervention, coupled with the Bank of Korea's strategic liquidity injections, demonstrates a remarkable capacity to pivot and stabilize in moments of potential systemic risk. This episode transcends South Korea's borders, offering global investors a masterclass in crisis management and the delicate art of maintaining economic equilibrium amid political uncertainty.
The broader implications are both provocative and instructive. As heavyweight corporations like Samsung Electronics and Hyundai Motors experienced significant share price fluctuations, the event underscores an increasingly interconnected global financial system where local political tremors can rapidly cascade into international market movements. For forward-thinking investors and policymakers, this moment represents more than a crisis—it's an invitation to reimagine risk, resilience, and the complex interdependencies that define our modern economic reality.
XAUUSD IN GENRAL, THE PRICE HAS BROKEN In general, the price has broken through zone 1 to establish an upward position, but there is still resistance from sellers preventing the price from going up. The price can break through the 2654 zone. It is likely that in the US session, the price will touch the 2663 - 2675 zone.
EURUSD 1HR CHART UPDATEThe euro (EUR) has shown mixed performance recently, with potential for further pullbacks depending on evolving economic factors. Market sentiment is cautious due to persistent weaknesses in the Eurozone's manufacturing and services sectors, especially in key economies like Germany and France. Furthermore, the European Central Bank (ECB) is expected to maintain a dovish stance, including possible rate cuts in the near term, which could limit upward momentum for the euro.
On the other hand, if U.S. Federal Reserve policies lean toward easing interest rates in 2024 due to moderating inflation, the dollar could weaken, providing some support to the euro. Analysts forecast the EUR/USD pair could reach a range of 1.15 to 1.21 by late 2024, but downside risks remain if Eurozone economic recovery falters or if the ECB signals more aggressive monetary easing.
This scenario underscores the importance of closely monitoring central bank policies and economic indicators for trading or investment decisions.
MARKET LAST 2 DAYS Over the last two days, XAU/USD (gold against the US dollar) has experienced a relatively stable trading range. The price hovered around $2,640–$2,642 per ounce. The slight movement reflects cautious sentiment among investors. Factors influencing gold include geopolitical developments and mixed signals about economic conditions globally. Recent news of a temporary ceasefire in the Middle East exerted downward pressure on gold as geopolitical risks eased slightly, though the metal remains sensitive to changes in the U.S. dollar and Federal Reserve policy.
XAUUSD LAST WEEK FEDERAL RESERVESLast week, the Federal Reserve's preferred inflation measure was the newly announced personal consumption expenditure index (PCE). PCE increased 2.8% over the past 12 months, higher than expected.
The US central bank indicated in its latest meeting minutes that higher-than-expected inflation could force it to adjust the pace of its easing cycle. The market still predicts the Fed will cut interest rates by 25 basis points in December and will continue cutting until early 2025.
In addition to Trump's social media posts, markets will focus on key economic data this week such as jobs data. If the employment situation is not as expected, gold prices may increase again. A stronger labor market could make an interest rate cut unlikely this month.
The History of Forex Trading: How It All Began Ever wondered how forex trading became the massive, 24/5 global market we know today? Here’s a quick look at its fascinating journey:
1️⃣ The Gold Standard Era (1870s–1930s)
Forex trading originated when countries began linking their currencies to gold. This system created fixed exchange rates but collapsed during the Great Depression due to economic instability.
2️⃣ Bretton Woods Agreement (1944–1971)
After World War II, nations agreed to peg their currencies to the US Dollar, which was backed by gold. This made the USD the world’s reserve currency and gave rise to modern foreign exchange systems.
3️⃣ Floating Exchange Rates (1971–Present)
When the Bretton Woods system ended, currencies began to "float," meaning their values were determined by supply and demand in the market. This shift created today’s forex market, where traders speculate on fluctuating currency prices.
4️⃣ The Rise of Retail Forex (1990s–2000s)
The advent of the internet and trading platforms like MetaTrader brought forex to individual traders. What was once reserved for banks and institutions became accessible to anyone with an internet connection.
5️⃣ Today’s $7.5 Trillion Market (2020s)
Now, forex is the largest financial market in the world, with $7.5 trillion traded daily. Traders from every corner of the globe participate, using advanced tools and strategies to navigate this dynamic market.
Forex has come a long way, and we’re part of its exciting evolution. What do you think the future holds for forex trading? AI tools? Crypto integration? Let me know in the comments!
Ripple can continue rising or ?...This place of price can be the Most risky spot for all people not Whales
This is for who trading rarely and watching the market as weeks and trading every 2weeks or checking the market every week .
As the picture we have 2 scenarios
I am bearish about xrp now and drawing the purple scenario for my myself!
A good handled and mathematics sell Position can be Good now
But the yello scenario can happen and after some ranges we can see the sharp Pump of xrp again!!
If the yellow one happen the potential of xrp will rise of 2.5$
Good luck
Bitcoin price Must surpass $100KBitcoin's price is seeing increased volatility around GETTEX:97K , and some crypto experts believe it’s on track to surpass $101K in the near term. Renowned analyst *PlanB* recently highlighted that Bitcoin’s current trajectory aligns with historical post-halving trends, suggesting significant upside potential. Similarly, a prominent advocate for Bitcoin, emphasized that growing institutional interest and adoption could fuel BTC’s rise past $101K. Our forecast anticipates Bitcoin reaching $100K by the end of 2024, driven by strong market sentiment following the halving event, with a potential to touch $270,593 by 2030 as institutional investments gain momentum.
GOLD INTARDAY CHART UPDATESThe gold market is currently in a consolidation phase, with prices trading within a narrow range. Investors are carefully monitoring key economic indicators, including inflation data, interest rate expectations, and geopolitical developments, to gauge the metal's next trajectory. Amid uncertainty in broader financial markets, gold remains a focus for those seeking a balance between safe-haven assets and potential volatility. Analysts suggest that a breakout could occur soon, depending on upcoming macroeconomic events and shifts in market sentiment.
Do You Trade Gaps? Here's What You Need to Know!📈 Trading gaps can provide some of the most reliable opportunities in the market—if you know how to handle them.
🔍 What is a gap?
A gap occurs when the price "jumps" between two levels, leaving an empty space on the chart. Gaps usually reflect strong market sentiment, news, or low liquidity during off-hours.
💡 Key points to consider:
1️⃣ Types of Gaps:
Breakaway Gap: Signals a new trend.
Continuation Gap: Often occurs mid-trend.
Exhaustion Gap: Marks the end of a trend.
2️⃣ How to Trade Them:
Identify if the gap is likely to fill or expand.
Use support and resistance around the gap.
Always keep an eye on volume—low volume could mean a false move.
3️⃣ Risk Management:
Gaps can be volatile! Use tight stop-losses and wait for confirmation before entering.
What’s your favorite strategy for trading gaps? Let’s discuss below! 👇
Don't chase the market!One of the biggest mistakes traders make is entering a trade just because the market is moving fast. This leads to emotional decisions and unnecessary losses. Instead, wait for the market to come to your levels. Patience is your edge.
Bitcoin 2024-2025 TOPBitcoin’s market behavior follows a cyclical structure that revolves around the halving events. These halvings reduce the mining reward, creating a supply shock that typically leads to higher prices in subsequent bull runs.
Historical Patterns
Halving to Market Top (Bull Run):
Historically, market tops occur within 1-1.5 years after halvings.
Example:
2013 Halving → Peak in late 2013 (approx. 370 days post-halving).
2016 Halving → Peak in late 2017 (525 days post-halving).
2020 Halving → Double top in 2021 (343 days to the first top, 553 days to the second top).
Market Top to Bottom (Bear Market):
The bear market usually lasts around 364 days after the peak.
After this, Bitcoin enters a consolidation phase before starting a new uptrend.
Bottom to Top:
The time from a market bottom to the next top is remarkably consistent at 1057 days across multiple cycles.
Observations:
Bitcoin has shown a repetitive pattern of growth phases followed by corrections.
The length of each cycle (measured in weeks) shows that the timing between major events is relatively stable, making it possible to predict future milestones with some accuracy.
2. Predictions for 2024–2025
The chart provides specific projections for the current Bitcoin cycle based on historical data:
Next Potential Market Top:
First Peak:
Speculated for January 6, 2024, or March 24, 2024.
This mirrors the 2021 double-top cycle, where the first peak occurred ~343 days after the halving.
Second Peak (All-Time High):
Expected on September 15, 2024.
This corresponds to a potential double-top pattern, with the second peak occurring 539 days after the halving (similar to the 2021 cycle).
Price Targets:
While specific price targets aren’t marked on the chart, it seems to imply:
A potential move toward $100,000+ in the first peak (consistent with prior cycle growth rates).
A possible retracement before reaching the second peak (all-time high).
3. Key Timelines
The chart highlights several critical time intervals:
Top-to-Bottom: ~364 days.
Bottom-to-Top: ~1057 days.
Halving-to-Peak: 1–1.5 years (~343–525 days depending on the top).
Current Cycle Timelines:
Bottom: Marked in late 2022 (~$15,000).
Next Halving: Scheduled for April 2024.
Next Top (Bull Cycle Peak):
Estimated for late 2024.
4. Double-Top Scenario
The chart predicts a possible double-top structure in the next cycle:
First Top:
Occurs early in the cycle (Q1 2024).
Price may surge rapidly but face a correction before the second peak.
Second Top:
A new all-time high expected in Q3-Q4 2024.
This mirrors the 2021 cycle where Bitcoin hit ~$65,000 in April, corrected to ~$29,000, and reached ~$69,000 in November.
5. RSI Insights
The RSI (Relative Strength Index) at the bottom indicates Bitcoin’s current momentum:
An RSI above 70 suggests an overbought condition, implying potential short-term corrections.
However, in previous cycles, sustained RSI in the overbought zone often coincided with parabolic price movements during bull runs.
Expect significant pullbacks after major peaks, providing re-entry opportunities.
Conclusion
The chart uses historical consistency in Bitcoin’s price cycles to project future movements. While no prediction is guaranteed, Bitcoin’s cyclical nature and the reliability of its halving-driven supply dynamics provide strong reasoning for these forecasts. If the cycle plays out similarly, 2024-2025 could bring significant opportunities for long-term holders and traders alike.
MSTR Alert: Trend Reversal Sparks October Rally!The NASDAQ:MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while NASDAQ:MSTR has been purchasing an average of $70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
Will Most Stable Currency Pair Finally Break Its 20-Year PatternThe foreign exchange market stands at a pivotal crossroads as the seemingly unshakeable euro-dollar relationship faces its most significant test since the 2022 energy crisis. Traditional market dynamics are being challenged by an unprecedented confluence of factors: the return of Trump-era trade policies, escalating geopolitical tensions in Eastern Europe, and diverging monetary paths between the Federal Reserve and European Central Bank. This perfect storm has pushed the euro to levels not seen since October 2023, prompting leading financial institutions to reassess their long-held assumptions about currency stability.
What makes this moment particularly compelling is the broader economic context. While previous threats to euro-dollar parity emerged from singular crises, today's challenge stems from structural shifts in global trade architecture. Deutsche Bank's analysis suggests that proposed trade policies could fundamentally alter international capital flows, with the potential to drive the euro below parity to 0.95 or lower – a scenario that would rewrite modern forex history. This isn't merely about numbers; it's about a potential reshaping of global economic power dynamics.
The most intriguing aspect of this development lies in its timing. As we approach a period traditionally characterized by dollar weakness – December has seen the greenback decline in eight of the past ten years – markets face a fascinating contradiction. Will historical seasonal patterns prevail, or are we witnessing the emergence of a new paradigm in currency markets? The answer could reshape investment strategies across the globe and challenge long-held beliefs about currency market dynamics. For investors and market observers alike, the coming months promise to deliver one of the most compelling chapters in recent financial history.
BTC brief analyseHi guys,
Coin market is bumping by rotation.
Solana took off already.
BTC will take off soon too.
Hold on tight.
Over bought meet supply zone to mitigationOver bought meet supply zone to mitigation
RSI Divergence imminently happening
But always wait till confirm the trading scenario
3 rules buy, sell, wait
GPPL FOR 220GPPL - CMP 199.45
RSI : 39.81
Target 220.00
I am here posting only simple price action.
This stock is taking support from this level and showing strong upward moves as shown in the technical chart for your reference as RSI also confirms this but in the recent bearish move in market this is below 50 EMA.
I am not a SEBI Registered Analyst. Views are personal and for Education purposes only. Please consult your Financial Analyst before making an investment decision.
Nightly $SPY Prediction for 10.29.2024⏰8:30am
Goods Trade Balance
Prelim Wholesale Inventories m/m
⏰9:00am
S&P/CS Composite-20 HPI y/y
HPI m/m
⏰10:00am
CB Consumer Confidence
JOLTS Job Openings
#trading #stock #stockmarket #today #swingtrading #charting #investing
