Bitcoin (BTCUSD) - $99,000 Would Really Piss People Off!When Technicals talk, I listen.
Weakness is starting to show inside of a premium range after an attempt on all-time highs whilst Donald Trump made an announcement on Monday.
As somebody who is pro-crypto, such speeches should strengthen the price of Bitcoin but the opposite happened.
Smart individuals buy when there is panic in the marketplace and there is plenty of opportunity to dollar cost into BTC below FWB:88K but for the time being, $99k is the price point to keep an eye out for.
Multiple Time Frame Analysis
Short trade
Sellside trade idea
Wed 29th Jan 25
10.30 am
LND to NY Session AM
Entry 1min TF
Entry 3405.98
Profit level 3269.30 (4.01%)
Stop level 3426.09 (0.59%)
RR 6.8
Reason: 15-min TF observation of price action since 28th Jan 25. Price seems to have reached a pivotal supply level and exhaustion indicative of a sellside trade.
Short trade
Sellside trade idea
Wed 29th Jan 25
10.30 am
LND to NY Session AM
Entry 1min TF
Entry 32.445
Profit level 32.025 (1.29%)
Stop level 32.585 (0.43%)
RR 3
Target NY low
Reason: Buyside momentum was starting to fade, and exhaustion seemed to suggest a sell-side opportunity at a pivotal supply level.
GBPCHF - 13 Jan 2025 SetupGBPCHF Market structure are now in a bearish mode. Spotted suply area (Red Rectangle). its the extreme supply area that breaking down and negate the bullish market structure. and theres also support become resistance on that area.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
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Coffee Trade Team
EURCHF - 21 Jan 2025 SetupEURCHF Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). the demand area are the area that breaking new high so it can be great area.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
NZDJPY - 22 Jan 2025 SetupNZDJPY Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). its the first demand area after the price breaking bearish structure.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
GOLD - 22 Jan 2025 SetupGOLD Market structure are now on a Bullish mode. Spotted nearest demand area (Green Rectangle). its avery good demand structure that breaking a new high from last week.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
EURAUD - 28 Jan 2025 SetupEURAUD Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
XAU/USD 31 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has finally printed a bullish iBOS followed by bullish BOS according, and in-line with previous analysis.
Price has printed a bearish CHoCH to indicate, but not confirm bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor this due to CHoCH positioning so close to recent price action.
Intraday Expectation:
Price to continue bearish to complete it's pullback phase. Technically price should trade down to either discount of internal 50% EQ or H4 demand zone before targeting weak internal high priced at 2,801.010.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis/Bias was accurate with price targeting weak internal high.
Price is now trading within an established internal range, however, I will continue to monitor as price has previously printed a bearish CHoCH and continue higher with very minimal pullback.
Intraday Expectation:
Price to continue bearish, react at either discount of internal 50% EQ, or H4/M15 demand zone before targeting weak internal high priced at 2,801.010.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart :
XAUUSD - Gold hits new ATH!Gold is trading above EMA200 and EMA50 on the 1-hour timeframe and is in its ascending channel. A correction towards the demand zone will provide us with the next buying opportunity with a good risk-reward ratio.
Donald Trump has announced his intention to impose a 25% tariff on imports from Canada and Mexico due to the fentanyl issue, emphasizing that these tariffs will take effect starting Saturday. He also stated that China will eventually have to pay tariffs as well, and that the U.S. is already implementing trade restrictions against Beijing.
Trump further asserted that the era of passively watching BRICS nations attempt to distance themselves from the U.S. dollar is over. He declared that these countries must commit to neither creating a new BRICS currency nor supporting any alternative to the powerful U.S. dollar. Otherwise, they will face 100% tariffs and lose access to the thriving American economy. He insisted that BRICS has no chance of replacing the U.S. dollar in global trade, and any country attempting to do so will face severe economic consequences.
(Translation continues…)
Continuation of the English Translation:
Trump’s repeated tariff threats have raised concerns among American consumers and introduced economic risks for the United States. Even the mere discussion of such tariffs can have significant economic effects by influencing consumer behavior. Evidence suggests that many Americans are seriously worried about the potential consequences of these policies.
According to a survey conducted by economists from the University of Texas, the University of California, and the University of Chicago, Americans expect substantial tariffs to be imposed on all major trade partners—50% on Chinese imports and 35% on imports from Canada and Europe. Contrary to Trump’s claims, most citizens believe these tariffs will directly impact them by driving up prices. When asked about a hypothetical 20% tariff, half of the respondents stated that the majority of the costs would be passed directly to consumers.
Political differences are also evident in the perception of these tariffs. Democrats and Republicans disagree on the extent to which consumers will bear the costs. Democrats estimate that 68% of the tariff burden will fall on consumers, whereas Republicans believe it will be around 41%. Regardless of political stance, the financial strain from these tariffs is expected to be significant, particularly for consumers already weary of inflation.
Both the public and economists recognize that tariffs on imports can also raise prices for domestically produced goods. The economic impact of tariffs was clearly demonstrated during Trump’s first term. A study found that the tariffs imposed in 2018 on washing machines from South Korea and China led to a nearly equivalent price increase for washing machines in the U.S.—and even drove up the price of dryers as well.
Even if these new tariffs are not implemented, their mere threat can lead to price hikes. Many consumers, anticipating higher costs, are choosing to make purchases in advance. In a survey, 43% of respondents stated that they would buy products before the tariffs take effect to avoid potential price increases.Another survey in January found that 20% of people believed that now was the right time to buy durable goods because prices were likely to rise.
Businesses are responding in a similar fashion. Many companies are stockpiling inventory ahead of potential tariff hikes or shifting their supply chains to countries that would not be affected. This behavior has contributed to a surge in exports from China to the U.S., with December marking the second-highest export level on record—at least partly driven by efforts to preempt new tariffs.
These strategies, however, come with additional costs, much of which will likely be passed on to consumers. The COVID-19 pandemic provided a clear example of how supply chain disruptions can lead to widespread cost increases. For instance, higher import costs for auto parts eventually resulted in more expensive vehicle repairs and insurance premiums.
Stimulating inflation under current economic conditions—even temporarily—would be costly. The Federal Reserve has paused further interest rate cuts, waiting for clearer signs of sustained inflation reduction. Rising prices for key goods, particularly automobiles, halted progress in lowering inflation in the fourth quarter of last year. Additional inflationary pressures caused by tariff expectations could delay the Fed’s next rate cut and keep interest rates elevated for an extended period. The uncertainty surrounding future tariffs reinforces the Fed’s cautious stance.
Inflation is not the only concern stemming from tariff threats. A third of survey respondents indicated that the likelihood of widespread tariffs would lead them to cut spending and increase savings. The greater the uncertainty surrounding trade policy, the stronger the incentive for precautionary savings.
American consumers have been the driving force behind the nation’s economic recovery. However, the recent wave of tariff threats has created deep concerns, potentially putting the U.S. economy—widely regarded as one of the strongest in the world—at risk.
USDCHF: Should we look for a weaker franc?!The USDCHF pair is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction towards the demand zone, we will be provided with further buying positions in this pair with an appropriate risk-reward ratio.
The continuation of the pair’s rise and its placement in the supply zone will provide us with a selling position.
The President of the Swiss National Bank (SNB), Schlegel, stated in an interview with SRF that while the SNB does not favor negative interest rates, it also cannot completely rule them out. He emphasized that implementing such a policy would not be a decision taken lightly.
In recent weeks, Schlegel has repeatedly mentioned the possibility of negative interest rates, particularly in light of Switzerland’s inflation dropping to 0.6% in December, which has raised concerns about deflation. However, he noted that temporary periods of negative inflation would not necessarily pose a problem.Additionally, Schlegel reaffirmed the SNB’s commitment to maintaining price stability over the medium term, within the 0–2% target range.
Currently, market expectations indicate a 60% probability that the SNB will cut interest rates from 0.5% to 0.25% in March, with a 25% chance of rates reaching 0% by June.
In the United States, GDP data for Q4 2024 showed that the economy grew at an annualized 2.3% rate—below market expectations (2.6%) and lower than the 3.1% growth seen in the previous quarter. However, a 2.5% year-over-year growth rate remains substantial and aligns with the Federal Reserve’s outlook.
A key takeaway from the recent GDP report is the strong performance of U.S. consumers, who exceeded expectations with 4.2% growth in spending. According to CIBC, American consumers have shown a notable preference for durable goods, with spending in this category surging 12.1% last quarter—a figure significantly above pre-pandemic trends.
However, CIBC warns that other sectors of the economy are not as strong. Business investments remain weak, and government spending has played a crucial role in supporting economic growth. Additionally, a 0.9% decline in inventories, driven by weather disruptions and labor strikes, has negatively impacted GDP growth.
These factors are expected to persist into Q1 2025, as businesses stockpile inventory ahead of potential tariffs. However, when stripping out inventory effects, final sales to domestic buyers remain strong at 3.1%, which is nearly in line with the two-year average.
CIBC also believes that consumer spending will remain resilient, supported by rising asset-related incomes and millennials’ enthusiasm for technology and discretionary spending. That said, trade tariffs could ultimately shave 1% off GDP growth, with their effects likely to linger for some time.
Overall, CIBC concludes that while GDP growth may slow slightly under a Trump presidency, the decline is unlikely to cause major concern for the Federal Reserve. Fed Chair Jerome Powell remains more focused on rising prices, their impact on inflation expectations, and wage pressures, as the economy remains strong but inflation is not yet fully controlled.
Today’s data reinforces the Fed’s data-dependent approach. Underlying growth is still around 3%, and there is no indication that consumers are scaling back spending, suggesting that they can absorb moderate price increases.
As a result, Nomura now expects the Federal Reserve to keep interest rates unchanged through the end of 2025, revising its earlier forecast, which had anticipated at least one rate cut in 2025.
GBPUSD - Will the pound return to the bullish trajectory?!The GBPUSD pair is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be bought within the specified demand zone.
British Prime Minister Keir Starmer stated that the government has clearly received the message regarding deregulation. He emphasized that simplifying regulations and removing certain restrictions could have a positive impact on economic activities and businesses. Starmer also highlighted the transformative potential of artificial intelligence in the economy. He added that the UK’s economic outlook is improving and that the government’s top priority is “growth, growth, and growth.” Additionally, he pointed to the significant trade partnership between the UK and the United States, stressing that this economic collaboration could play a key role in the country’s future growth.
Meanwhile, analysts at TD Securities believe that the Federal Reserve will refrain from cutting interest rates in the first half of this year. This decision is attributed to the persistence of core inflation and the resilience of the U.S. economy in the first quarter, which keeps policymakers cautious. Furthermore, the potential economic impact of new tariffs under a Trump administration in the second quarter reinforces this outlook.
Although the Federal Reserve officially bases its decisions on economic data, TD Securities argues that political influences are becoming increasingly significant in shaping monetary policy. According to TD, Trump’s role in U.S. monetary policy is growing. As a result, the institution maintains a bullish outlook on the U.S. dollar and sees any rate cuts as buying opportunities, particularly against the euro, Canadian dollar, and British pound.
At the same time, analysts at Goldman Sachs believe that the Federal Reserve will wait for further progress in reducing inflation before proceeding with additional rate cuts. However, they still expect the Federal Open Market Committee (FOMC) to implement two 0.25% rate cuts later this year, in June and December, with an additional cut projected for 2026.
Additionally, economists at Citi anticipate that the Federal Reserve’s preferred inflation gauge—the 12-month PCE inflation rate—will decline in the coming months as the effects of the sharp price increases from early 2024 begin to fade. They also note that both the six-month and three-month core PCE inflation rates are on a downward trajectory and are expected to fall below 2.5%.
EURUSD 31 Jan 2025 W5- Intraday Analysis - ECB CPI - US Core PCEThis is my Intraday analysis on EURUSD for 31 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
The combination of the Fed's steady rate policy and the administration's aggressive trade measures has led to a cautious market outlook. Investors are balancing optimism about domestic economic resilience with concerns over potential disruptions from international trade tensions.
Federal Reserve's Decision: The Fed maintained the federal funds rate at 4.25% to 4.50%, citing stable economic growth and a low unemployment rate.
Fed's Outlook: Chair Powell emphasized a cautious approach, indicating no immediate plans to adjust rates and highlighting the need to assess the economic impacts of forthcoming policies from the Trump administration.
Presidential Response: President Donald Trump criticized the Fed's decision, attributing ongoing inflation issues to the central bank's policies and pledging to address inflation through measures such as enhancing energy production, deregulation, and trade adjustments.
Economic Reports today: ECB CPI Expectations and US Core PCE.
Overall, while the U.S. economy continues to exhibit strength, uncertainties stemming from trade policies and geopolitical factors are contributing to a mixed market sentiment.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.
🔹With price failing to close above Weak INT High, there is a HP that we are going to target the INT Low which will facilitate the Bullish Swing Pullback.
🔹Price managed yesterday to create a Bullish CHoCH but again demand failed today which again adds the confluence that the Daily and 4H bearish move is in control and there is a HP that we are going to break the 4H INT Low.
3️⃣
🔹Expectation is set for price to continue Bearish to target the Strong INT Low to facilitate the 4H Bullish Swing Pullback and the Daily Bearish Continuation.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bearish
🔹At Swing Extreme Discount
2️⃣
🔹Price managed yesterday with US News and Lagarde Press Conference to create a Bullish BOS.
🔹After a BOS we expect a Pullback, where price pulled back to the Bullish Swing Extreme.
3️⃣
🔹Expectation is set for price to continue Bearish based on the Daily Bearish Continuation, 4H Swing Pullback and the current market sentiment.