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USDJPY - Will the weakness of the yen stop?!The USDJPY pairing in the 4 -hour timeframe is between EMA200 and EMA50 and is moving in its mid -term uptrend. If corrected by publishing economic data this week, we can see the downward trend and then the restricted demand zone, and in that area with the right risk. The valid defeat of the specified resistance range will pave the way for the pair up to 160. Tatsu Yamasaki, a former Japanese official, stated in an interview with Nikkei that collaboration between Trump and Tokyo could help normalize the dollar-yen exchange rate. He suggested that Trump should work with Tokyo to weaken the overly strong dollar. Such cooperation could strengthen economic relations between the two nations and bring greater stability to financial markets. Meanwhile, robust U.S. labor market data for December has led many analysts to conclude that the Federal Reserve is unlikely to cut interest rates further at this time. Some even predict that the report could pave the way for the Fed to raise interest rates in 2025. An economist at Bank of America wrote in a note, “Our baseline forecast is that the Federal Reserve will keep rates steady for an extended period. However, the risk of a rate hike is growing.” According to the economist, factors such as core inflation growth or rising inflation expectations could trigger a rate hike.Concerns also revolve around Trump’s policies, including tax cuts and tariffs, which may contribute to higher inflation. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), remarked that the Federal Reserve might delay rate cuts due to stable labor markets and inflation nearing target levels. She also predicted that global economic growth will remain steady as inflation gradually declines in 2025. Georgieva highlighted uncertainties surrounding trade policies under the new U.S. administration, emphasizing their potential impact on the global economy. Additionally, she expects global interest rates to remain relatively high for an extended period. Kazuo Ueda, the Governor of the Bank of Japan, stated that interest rates will be raised if economic improvements and price growth continue. He noted that the final decision on this matter will be made next week. Ueda’s remarks contributed to strengthening the yen in financial markets. Himino, Deputy Governor of the Bank of Japan, indicated that if economic projections materialize, monetary easing policies will be adjusted and interest rates increased. He stressed the need for continuous monitoring of U.S. economic policies under the new administration. Domestically, one of the critical issues remains the outlook for wage growth in the fiscal year 2025. Himino acknowledged various risks, both domestic and international, while noting that the U.S. economy is expected to remain strong. Masato Kanda, a former currency official for Japan, continues to comment on the yen. Speaking in Tokyo, he emphasized that currency markets should move based on fundamental principles, and any sudden deviations from these fundamentals require correction. Separately, Nippon Steel announced that it is the sole partner capable of fully preserving U.S. Steel, keeping its blast furnaces operational, and maintaining jobs in the industry. The company stated that its commitments have been shared in multiple meetings with various stakeholders, including employees. Meanwhile, Lourenco Goncalves, CEO of Cleveland-Cliffs, has been accused of unfair biases, as he cannot match the scope and scale of Nippon Steel’s proposal. Nippon Steel emphasized its determination to take whatever measures are necessary to finalize the deal.
Short
by Ali_PSND
The market's energy is fueling a new wave of growth!Yesterday was a significant moment for the crypto market. 🌐 We received clear confirmation of the emergence of a new wave of growth. The upward flow of energy confirmed the intention of buyers, and the result of the day consolidated the volumes and showed the readiness to move to new heights. 📈 🎯 Key levels of support and resumption of growth: - 3525 is the level where a local suspension of movement is possible to accumulate energy. - 3443 is a zone that can become a key support and a starting point for the resumption of upward movement. 🔍 Chart analysis: On the daily timeframe, we can see how the price is organically forming a base for continued growth. Yesterday brought progress with a clear buyer's volume, which supports the upward trend. The energy flow is now focused on forming new support points for further upward movement. 🔥 ⚡️ What to expect next? A new wave of growth is already gaining strength, and the buyer is showing stability in intentions. Keep an eye on the situation and the price reaction at key levels. Be prepared for further opportunities that the market opens up! 🌟
Long
by WVitalievich
GBPUSD → False breakdown can cause growthGBPUSD is bumping into the support of the local descending channel after a rather strong fall. The fundamental background has changed a bit, which in general gives a chance to the forex market On the weekly chart the price is testing the strong level of 1.211 against which a double bottom is formed on a global scale. But this does not indicate a change in the global trend, no, it is just a hint of a possible rebound, but we need to watch the price reaction to this area. The PPI that was released yesterday slightly disappointed dollar buyers, which supported the forex market and we see a small correction. CPI is ahead, which may also support the market Resistance levels: 1.2217, 1.235, 1.2488 Support levels: 1.213 If the bulls keep the price above the nearest resistance at 1.2217, it will give the price a chance to strengthen to the nearest resistance or to the channel resistance. Regards R. Linda!
Long
by RLinda
7
Nikkei 225 Short: Break and rejection from trendlineNikkei 225 was ranging in an ascending triangle which, by itself, is a bullish setup. However, the odds of this setup breaking up is not high (last I remember, it's about 66% but please don't quote me or ask me to verify). Now we are focused on 2 facts: 1. It has broken down from the lower trendline, and 2. price was rejected at the broken trendline. What this means is that the breakdown from the ascending triangle is real and not a fake breakout. And what this also means is that Nikkei is now in a downtrend. Likely we are going to see a crash coming.
OANDA:JP225USDShort
by yuchaosng
GOLD → What could trigger a fall?FX:XAUUSD is forming a false breakdown of the key resistance and as a consequence - passes into the phase of realization of the bearish pattern “Wedge”. If the general background persists, the price will be able to update the lows.... On the back of upcoming inflation data (PPI and CPI), traders have reduced expectations of a Fed rate cut to one this year. Forecasts point to a rise in PPI, which could strengthen demand for the dollar and cause a correction in gold prices. However, the weak data has the potential to push gold to $2,705. Additionally, markets are watching Trump's policies and the possible introduction of new US tariffs, which could affect the dynamics of gold. Despite inflation risks, the metal has corrected from a one-month high, remaining a key hedge against inflation. Technically, we have a correction forming after a false breakdown. Quite an important phase in the market. If the bears can keep the price below 2675 - 2681, the decline will continue in the short to medium term. Resistance levels: 2675, 2681, 2690 Support levels: 2667, 2656 At the moment the price is testing 0.5 fibo, on the background of the secondary retest the zone can be broken (I do not exclude a false breakout and consolidation below 0.5 fibo, which will also lead to a fall) and the price will head to the retest of the imbalance zone, which can put pressure on gold. The most likely scenario is a retest of the zone of interest 2675 - 2681 before further decline Regards R. Linda!
FX:XAUUSDShort
by RLinda
31
AUDCAD Intraday trade 15/01/2025On the daily timeframe, #AUDCAD remains in a clear bearish trend, but as discussed earlier, the pair is currently in a pullback phase, forming a potential lower high. At present, price is hovering around the 0.88966 level, which serves as a key area of interest for sellers. Traders should be watching closely for signs of rejection or bearish confirmation at this level, which could present a solid selling opportunity in line with the prevailing trend. Alternatively, if the pullback extends further, the next significant level to monitor is around 0.89667, where deeper retracement could offer another opportunity to enter short positions. It's important to remain patient and allow price action to dictate the next move within this ongoing bearish structure. Happy Trading
Long
by Thetraderscollective
Trading Signals for GOLD (XAU/USD) for January 15-18, 2025:Gold is trading around 2,681 below the 21 SMA within the uptrend channel forming since December 23. Gold could continue its fall in the next few hours until it hits the pivot point of 2,656. On the other hand, in case gold bounces within the uptrend channel, it will be seen as an opportunity to buy with the target at 2,675. If the price breaks and consolidates above this area, we could expect it to hit the psychological level of $2,700. Another important support is located around the 200 EMA at 2,649. This level could offer a last chance for gold to continue rising. So, it could favor a new rally that could take the gold price up to 6/8 Murray at 2,737 On the contrary, with consolidation below 2,650 on the H4 chart, the outlook for gold could be negative. Therefore, we could expect it to reach 2/8 Murray at 2,578 in the short team. The metal could even cover the gap it lift at 2,562 and finally, reach the psychological level of $2,500. Our trading plan for the coming days will be to buy above 2,700 and sell below 2,675. Below 4/8 Murray, the outlook could be negative for the coming days.
FOREXCOM:XAUUSDLong
by CEO-PREMIUM-ANALYSIS
Macro $BTC Trend - Weekly IH&SZoomed out view of BITSTAMP:BTCUSD on weekly view. Macro inverted head and shoulders with a falling wedge. Chart also has previous trend channels. On a macro basis, I think this is bullish. My guess is that we might get rejected by the 8 week VWAP and retest the prior trend line at ~$88k. However... I could also see this getting momentum and breaking out of the falling wedge. I tend to err on the side of caution here and with an election about to happen, I don't plan on scaling back in until ~February. Keeping a close eye on this one. If it does breakout of the wedge to the upside, it should be a very quick move to the $130k+ range.
INDEX:BTCUSDLong
by rfc4
FTSE 100 futures: Buy the dip for resistance retest?FTSE futures continue to coil in a triangle pattern dating back nearly a year. While that suggests we may eventually see a decisive break at some point, today’s setup looks at playing the existing range. The price has been well supported on dips towards and through 8200 recently, bouncing on four consecutive occasions. Considering the price action, one setup to consider would be to buy above this level with a stop beneath Tuesday’s low for protection. Despite recent weakness, momentum indicators like RSI (14) and MACD continue to trend higher, making the preference to buy dips over selling rips. The January 9 high is one potential target, another triangle resistance located just below 8400. Good luck! DS
ICEEUR:Z1!Long
by FOREXcom
AUDUSD InsightHello, subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to hit the boost button and subscribe! Key Points - According to foreign media reports, President-elect Trump’s economic team is reportedly considering a gradual increase in tariffs by 2–5% per month, interpreted as a strategy to minimize a sharp rise in inflation. - The market has shown relief regarding inflation after both the December PPI headline and core figures came in significantly below expectations, shifting focus to the upcoming CPI. - Concerns over stagflation risks and rising fiscal deficits persist as the yield on the UK’s 30-year government bond reaches its highest level since 1998. - In Australia, November retail sales rose 0.8% month-on-month, marking the largest increase in 10 months, while November CPI reached 2.3%, nearing the target range and raising expectations for a rate cut in February. Major Economic Events This Week + January 15: UK December Consumer Price Index (CPI), US December Consumer Price Index (CPI) + January 16: UK November GDP, Germany December Consumer Price Index (CPI), US December Retail Sales + January 17: UK December Consumer Price Index (CPI) AUDUSD Chart Analysis Recently, the AUD/USD pair has experienced significant downward pressure due to the US dollar's strength and rising expectations of a rate cut by the Reserve Bank of Australia. During this decline, the pair broke below the 0.62000 level. However, it has since rebounded, recovering to around the 0.62000 level as it finds support. That said, the upward movement may be short-lived, with a high likelihood of continuing its downward trend toward the 0.60000 level after confirming a peak. If the upside momentum unexpectedly strengthens, I will quickly adjust the strategy accordingly.
Short
by shawntime_academy
Nikola Corp (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Nikola Corp (Extended Hours) Stock Quote - Double Formation * A+ Set Up)) | Completed Survey | Subdivision 1 * (Neckline) At 6.0100 USD | (No Trade)) - Triple Formation * Numbered Retracement | Subdivision 2 * 012345 | Wave Count | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:NKLAShort
by TradePolitics
Oil - Double top bearish divergenceOn the above 3-day chart Crude oil has enjoyed a massive 400% rally since the buy signal in April 2020. A number of reasons now exist to be bearish, very bearish. This should really be the start of peak inflation for the moment. So why bearish? 1) The ‘great sell’ signal with 90% probability. 2) Double top bearish divergence. RSI prints a lower high on the price action double top (pink line). 3) Price action support breakout. Is it possible price action continues to rally? Absolutely. A back test of support to confirm resistance is possible. Is it probable? No. Be risk on folks. ww
OShort
by without_worries
2
#TradeWithMky ETH still Sleeping I suggest that to subscire channel to dont lose next analysiss This is not a financial advise its only a Analysis that I created by some difrrents strategies such as #PriceAction #PivotPoints #SmartMoneyConcept and #ClassicPatterns next bullish movement on ETH can surge us to targets in this case u should be aware about passsing at least next resistance and also if price made a DownTrend line price should break it It will happen soon o late but Money Managements is More important that Time Managments # ETH can make at least 4800$ again I wiill edit this post next 6 Weeks again and answer your Comments bellow lets make a comunication in comments ♥
Long
by TradeWithMky