#XAUUSDFed exposed: Probability of raising interest rates next year up to 40%?
🔻 The Fed reduced interest rates by 0.25% to 4.25%-4.50%, but the market perceived this as a "hawkish" move.
🔻 The market reacted strongly: USD soared, stocks fell sharply, US bond yields increased.
🔻 The Fed's economic forecast is controversial when it increases the 2025 inflation forecast to 2.5% and reduces the number of interest rate cuts in 2024 to two.
🔻 Some economists, like Apollo Global Management's Torsten Slok, predict a 40% probability of the Fed raising interest rates by 2025.
🔻 The upcoming Trump administration's trade and tax policies could push inflation higher, forcing the Fed to consider raising interest rates sooner, possibly as soon as the second quarter of 2025.
🔻 Chairman Powell did not rule out the possibility of raising interest rates, emphasizing the need to maintain a flexible stance in the face of
NEWS
Gold Market Update:Corective Phase Set Stage for Further DeclineGold has entered a corrective phase following yesterday's substantial decline, with price action consolidating within a defined range. This period of consolidation is expected to persist, allowing the market to recalibrate before the prevailing bearish momentum likely resumes. Downside targets remain intact, with the next leg lower anticipated once the correction concludes. Engage with this analysis by liking, sharing, or sharing your perspectives in the comments below.
#GOLD XAUUSD SELL MORE?🌐The Fed cut interest rates by another quarter point to a range of 4.25% to 4.50% early this morning and announced it would continue to shrink its balance sheet. Cleveland Fed President Beth Hammack voted to keep rates unchanged.
After confirming the Fed had delivered a 25 basis point cut, markets immediately turned to see how the central bank’s view on future rate cuts has changed. Unsurprisingly, the Fed is expected to be more cautious in 2025 than President Trump had predicted before the election. The Fed is expected to cut by 50 basis points, while raising its inflation outlook
BTCUSD Wyckoff Accumulation Phase completedLets assume that the strength in the US dollar wont last for too much longer, as Central Banks try and work out how many more trillions are needed in the system.
The BTCUSD had been in a trading range for some time and this week we convincingly left it, with a big dose of Bullish price action.
Will it last? IDK. I am long BTCUSD so I am fundamentally in the Bitcoin 🚀 camp so I am also talking up my own book.
However, if we look to Wyckoff and transpose his teachings on the stages of the accumulation phase, we get quite a convincing outlook to the upside.
It could all be down to the fact that we see what we want to see, or it could be a run on the banks to the crypto-sphere.
BEML Ltd: Bullish Breakout AnalysisUpdate:
BEML secured a ₹136 crore order from the Ministry of Defence, strengthening its fundamentals and boosting investor sentiment.
Technical Highlights:
Breakout Zone: Stock broke above ₹4,500 resistance with strong volumes, confirming bullish momentum.
Key Levels:
Support: ₹4,300 | ₹4,040
Resistance: ₹4,762 | ₹4,995 | ₹5,205 | ₹5,472 (Fibonacci target).
Trend: Higher highs and higher lows indicate a sustained uptrend.
Momentum: RSI in overbought territory suggests strong buying pressure, with potential minor pullbacks.
Outlook:
The technical breakout, combined with a solid fundamental catalyst, positions BEML for a potential rally toward ₹5,200–₹5,470. A stop-loss below ₹4,300 is advised for risk management.
Disclaimer:
This is for educational purposes only. Please consult a financial advisor before investing.
VIRTUALUSDT: Strategic Entry into AI-Driven Metaverse TokenVirtuals Protocol ( KUCOIN:VIRTUALUSDT ): Strategic Entry into AI-Driven Metaverse Token
Trade Setup:
- Entry Price: $1.586
- Stop-Loss: $1.421
- Take-Profit Targets:
- TP1: $1.927
- TP2: $2.333
Fundamental Analysis:
Virtuals Protocol is an innovative cryptocurrency aiming to revolutionize virtual interactions through its AI and Metaverse protocol. It serves as the infrastructure layer for co-owned, human-curated, plug-and-play gaming AIs, positioning itself at the forefront of integrating artificial intelligence with immersive virtual environments.
Technical Analysis:
- Current Price: $1.64
- Moving Averages:
- 50-Day SMA: $1.50
- 200-Day SMA: $1.20
- Relative Strength Index (RSI): Currently at 70, indicating overbought conditions.
- Support and Resistance Levels:
- Support: $1.50
- Resistance: $1.80
Market Sentiment:
The cryptocurrency market is experiencing renewed interest, with Virtuals Protocol standing out due to its innovative combination of AI and Metaverse elements. Its recent listing on major exchanges like Gate.io has increased its visibility and trading volume.
Risk Management:
Setting a stop-loss at $1.421 helps mitigate potential losses, while the take-profit targets of $1.927 and $2.333 offer favourable risk-reward ratios. Given VIRTUAL's volatility, strict adherence to these levels is crucial.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
BTCUSD Update: Retest 100K or New Moves Ahead?Good morning, crypto enthusiasts! Today, the fear and greed index remains in extreme greed at 78, while the stochastic RSI has dropped to the oversold area at 9.
In the previous market update, I mentioned the potential for BTC to visit the 93K area. This morning, it dropped to around the 94K price range, which leads me to consider the 93K area invalid. So, where is BTC heading next?
Based on today’s price action, there’s a big probability for a retest of the 100K area. Following this, I see two possible scenarios considering the current extreme greed zone:
A pump to 105K–109K.
A dump to the 90K–85K area.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
SBI Life Insurance Co. Ltd. - Technical Analysis UpdateSupport and Resistance Zones:
1.Key Support Zone: ₹1,385-₹1,463
This zone aligns with the Fibonacci 0.236 retracement level and the recent reversal point, making it a strong support.
2.Immediate Resistance Levels:
₹1,555 (Fibonacci 0.382 retracement).
₹1,630 (Fibonacci 0.5 retracement).
₹1,705 (Fibonacci 0.618 retracement), a crucial level to watch.
3.Fibonacci Retracement Levels:
The stock has retraced sharply from its high of ₹1,943 and is showing signs of reversal near the 0.236 Fibonacci level. A breakout above ₹1,500 could confirm bullish momentum toward higher Fibonacci levels.
4.Volume Analysis:
Volume appears to be increasing near the support zone, indicating buying interest from market participants.
The Volume Profile indicates strong accumulation between ₹1,400-₹1,500.
5.Moving Averages:
The stock is attempting to reclaim the 20-day EMA as a dynamic support.
A crossover above the 50-day EMA could signal further bullish strength.
6.RSI (Relative Strength Index):
RSI is recovering from oversold levels, indicating a possible trend reversal. A move above 50 would strengthen the bullish case.
7.Projection:
If the stock sustains above ₹1,463, it could aim for ₹1,555 in the short term and ₹1,705 in the medium term.
A break below ₹1,385 would invalidate this view and could lead to further downside.
Conclusion:
SBI Life Insurance is poised for a potential bounce-back. Traders can consider entries near the ₹1,450-₹1,470 range, targeting ₹1,555 and ₹1,705 with appropriate stop losses below ₹1,385.
BTCUSD Update: Correction or Pump to 107K?Good morning, crypto enthusiasts! Today, the fear and greed index remains in extreme greed at 78, while the stochastic RSI is sideways at 40.
From a price action perspective, there’s a higher probability of BTC revisiting the 93K area for a deeper correction. However, there’s a small chance of a pump to around 107K.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
BTCUSD Hits 100K, but Is Correction Looming?Good morning, crypto enthusiasts! BTC finally hit the long-awaited 100K milestone, reaching as high as 104K on some exchanges. However, this morning saw a significant drop, breaking through our red zone at 94K-93K.
The fear and greed index has dropped to 72, now in the greed zone. On the H4 timeframe, the stochastic RSI is at 39 and heading toward the oversold area. Looking at the Daily timeframe, BTC has a big chance of continuing its correction, with potential targets in the 84K range, or pushing the fear and greed index toward the neutral zone first.
Currently, there’s no clear sign of another pump for BTC, and even if it happens, it might only retest 100K within our green zone.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
BTCUSD Approaching Key Resistance: Will 99K Hold?Good morning, crypto enthusiasts! Today’s fear and greed index stands at 84, maintaining extreme greed status. Meanwhile, the stochastic RSI has entered the oversold area, sitting at 88.
From a price action perspective, the range of 96,900 - 97,500 has been successfully broken. The next target is 99K. However, caution is advised as there’s a potential correction range between 98,061 - 96,911.
Stay safe, avoid FOMO, and always manage your risk. That’s all for today’s crypto update. Akki signing off, one chart at a time. Have a nice day and stay SAFU!
A stock to watch for... LONG setup or PUMP and DUMP ?
PSQ Holdings, Inc. (PSQH) has recently seen a significant surge in its stock price following the announcement that Donald Trump Jr. will join the company's board of directors. This news has generated substantial investor interest, leading to a more than 270% increase in share price for the session.
The addition of Donald Trump Jr. to the board is a strong positive signal for the company, indicating potential strategic changes and increased credibility. Given the recent surge in stock price and positive analyst ratings, there is a strong case for a continued upward trend.
In addition, his father is the USA president...
And you know what I think of human nature...
So trust human nature... and watch for a LONG setup on this stock.
Obviously, watch it carefully so it will not turn out as a pump and dump, so manage your risk properly.
Bitcoin Reclaims $96K – Is $100K Within Reach This Month?Good morning, crypto bro's! Starting from today's market update, I will likely focus more on the H4 timeframe rather than D1. Larger timeframes will only be reviewed every 3 to 7 days, while daily updates will now rely on the H4 timeframe.
This morning, the Fear and Greed Index remains in the Extreme Greed zone, currently at 78, while the Stochastic RSI is in the middle range, around 40.
As I mentioned in yesterday's market update, Bitcoin had the potential to revisit the $93K range, and it finally did. Now, it has climbed back to $96K.
The $96,900 - $97,500 range and the $99,700 - $100,200 range remain challenging areas to break. Challenging doesn’t mean impossible—based on current price action, there is a high probability for Bitcoin to hit $100K within this month.
As always, stay safe, don’t FOMO, always manage your risks, and that’s all for today’s update. This is Akki, signing off with one chart. Have a great day and stay SAFU!
GBPAUD TO 1.9600 TODAY?Trading Plan
1. Baseline Scenario:
- Macro-Fundamental Bias: Neutral to Dovish . The RBA is expected to maintain a cautious stance on interest rates, with markets anticipating a quarter-point rate cut by May 2025 and rates ending 2025 at 3.85%. This expectation is based on the need for more progress in reducing core inflation to the 2-3% target range.
- Short Term Sentiment Bias: Bearish . The AUD is under pressure due to its role as a proxy for the Chinese yuan, influenced by US tariff risks and ongoing economic uncertainties in China. Additionally, Australia's current account deficit and weak export data contribute to the negative sentiment.
2. Risk Event Baseline :
- Market Expectations :
- Australian GDP (QoQ) Q3: Consensus at 0.5% (previous: 0.2%).
- Australian GDP (YoY) Q3: Consensus at 1.1% (previous: 1.0%).
- China Caixin Services PMI (Nov): Consensus at 52.5 (previous: 52.0).
3. Surprise Scenarios:
- Negative Surprise :
- Australian GDP: If GDP figures come in below expectations, it could exacerbate the bearish sentiment, leading to further AUD selling.
- China Caixin Services PMI: If the PMI is weaker than expected, it could further pressure the AUD due to its correlation with the Chinese economy.
$BTC Correction to $93K? Or Pump to $101K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 76 (Extreme Greed).
📈 Stoch RSI: Still oversold (19).
💡 Analysis:
Current Action: Bitcoin is currently dropping and has reached the $94K range.
Next Move:
High probability to visit $93K.
Small chance for an instant pump to $101K.
📌 Stay vigilant, avoid FOMO, and always manage your risks.
I'm Akki, one chart at a time. Have a great day and stay SAFU!
$BTC: $101K Pump Possible? Or Correction to $93K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 80 (Extreme Greed).
📈 Stoch RSI: Still oversold (25).
💡 Analysis:
Current Action: Bitcoin hasn't corrected to $93K yet.
Short-term Possibility: Small chance for an instant pump to $101K.
Larger Probability: Correction to $93K– GETTEX:92K remains the primary outlook.
📌 As always, stay safe, don’t let FOMO take over, and keep managing your risks.
I'm Akki, one chart at a time. Have a great day and stay SAFU!
$BTC Hit $98K! Will Corrections Pull it Back to $92K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 84 (Extreme Greed).
📈 Stoch RSI: Showing signs of exiting oversold.
💡 Analysis:
Current Status: FWB:98K has been reached.
Correction Outlook: Small probability for $93K– GETTEX:92K , with a larger chance for a deeper dip to $85K– GETTEX:82K if support breaks.
Upside Challenge: Breaching $100K seems tough without a significant correction first.
📌 Reminder: Stay sharp and manage risks well. Markets remain dynamic.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
$BTC Eyeing $98K Again? Oversold Signals Fading!Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 78 (Extreme Greed).
📉 Stoch RSI: Still oversold but showing signs of recovery.
💡 Analysis:
BTC price action remains consistent with yesterday’s outlook.
Short-term probability: Revisit FWB:98K –$99K.
Correction likelihood: May occur after BTC tests $98K.
📌 Reminder: Markets are dynamic. Stay sharp and avoid FOMO.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
BTC Oversold! $98K Revisit or Deeper Drop Incoming?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 77 (Extreme Greed, dropping).
📉 Stoch RSI: Entered oversold territory.
💡 Analysis:
On H4 timeframe, BTC shows a strong probability of revisiting the FWB:98K –$99K range.
However, larger timeframes still suggest potential corrections toward the green zone at $85K–$82K.
📌 Stay cautious. The market remains greedy but oversold signals need confirmation.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
Are we about to see Gold bounce back?After yesterday's big drop off the back of Trump's pick for Treasury Secretary and news of a potential ceasefire between Israel and Lebanon, the gold price reached a low of 2605 before settling in a range between 2615 and 2630.
The drop is a little surprising given the Trump pick had been known for several days and it appears that he might help temper the President Elect's plans for levelling tariffs. There are also signs that the proposed ceasefire plan may struggle to get through the Israeli parliament whilst the two nations continue to attack each other.
Currently, Gold is finding strong resistance at 2628-33, the 1H did close slightly above in a small sign that we might be about to see further gains. If this happens the the gold price should find a clear ride to the next fib retracement level at 2650 and then 2663. There is some significant economic news due today including the House Price Index, Consumer Confidence and the FOMC minutes. Given there's no clear direction at the moment we could see a shift in sentiment as each piece of news hits the market.
For the moment the price looks to be rebounding off yesterday's lows and the weekly chart show's the price movement remaining well within the established long term uptrend.