USDJPY InsightHello, subscribers!
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Key Points
- The likelihood of the Federal Reserve holding interest rates steady has risen, pushing the U.S. 10-year Treasury yield above 4.8% for the first time since November 2023.
- China’s central bank and foreign exchange regulators announced an increase in foreign currency borrowing limits to defend the yuan’s value.
- In Japan, inflationary pressure is mounting, with rice prices surging 63% due to supply shortages. Additionally, base wages have seen their largest increase in 32 years, raising the prospect of a rate hike.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: U.K. December Consumer Price Index (CPI), U.S. December Consumer Price Index (CPI)
+ January 16: U.K. November GDP, Germany December Consumer Price Index (CPI), U.S. December Retail Sales
+ January 17: U.K. December Consumer Price Index (CPI)
USD/JPY Chart Analysis
The price action seen in the 156–158 range is gradually expanding, with highs recently reaching the 159 level. Currently, the pair has retreated back to the 156 level, suggesting that a clear directional move may soon emerge.
1. If the pair breaks above 159, we anticipate an uptrend toward 162.
2. Conversely, if it falls below 156, a decline to 154 appears likely.
Trend Lines
XAU/USD - Weekly Analysis - Jan 13-17, 2025Overall Trend:
The PEPPERSTONE:XAUUSD pair has been riding a bullish trend over recent months, with gold prices hitting all-time highs in September 2024 near $2,635 per ounce. Currently, the pair remains above the 50- and 200-period moving averages, reinforcing the continuation of the upward trajectory.
Key Support and Resistance Levels:
Support:
$2,657 : Now acting as a key level after previously serving as strong resistance during pullbacks.
$2,621 : A previously identified support zone during price corrections.
Resistance:
$2,723 : A significant resistance zone, historically alternating as support and resistance since October 2024.
$2,750 : Found at the lower boundary of the premium zone but would require a break of the descending trendline and the resistance above.
Technical Patterns and Indicators:
Candlestick Patterns:
Recent bullish candlestick formations like "marubozu" and "bullish engulfing" indicate strong buying pressure.
RSI (Relative Strength Index):
The daily RSI is hovering near the overbought zone (above 59), signaling potential for pullbacks or consolidation.
SMC (Smart Money Concepts) and Wyckoff:
The current structure aligns with an accumulation phase, suggesting a high probability of a subsequent bullish breakout, consistent with Wyckoff principles.
Key Fundamental Drivers:
US Monetary Policy:
The Federal Reserve's recent half-point rate cut has added upward momentum to gold prices.
Geopolitical Tensions:
Ongoing conflicts in the Middle East and other regions are boosting demand for safe-haven assets like gold.
Economic Data:
Upcoming US economic reports, including Q4 GDP and the PCE Price Index, could sway market sentiment and drive volatility.
Jan 14 - 1:30 pm GMT 0 - Producer Price Index (PPI): ECONOMICS:USPPIMM
Jan 15 - 1:30 pm GTM 0 - Consumer Price Index (CPI): ECONOMICS:USIRMM ECONOMICS:USIRYY
Jan 16 - 1:30 pm GMT 0 - Retail Sales ECONOMICS:USRSMM and Unemployment Claims $ ECONOMICS:USIJC
Potential Scenarios:
Bullish Scenario:
If XAU/USD breaks above the descending trendline at $2,688, the price could target the $2,723 zone and, with enough momentum, push towards $2,750.
Bearish Scenario:
In the event of corrections, the pair may find support at $2,657, or in the case of a deeper pullback, near the base of the expansion channel at approximately $2,621.
Seasonal Considerations:
Historically, the start of the year tends to be favorable for gold due to increased demand for safe-haven assets and portfolio rebalancing by institutional investors.
Bearish Pressure Builds on Cotton: Strategic Levels to FollowCotton price is trading in a descending channel, signaling continued bearish momentum. A potential breakout below minor support suggests further downside ahead.
Analysis:
Current Price Action: Cotton is at 66.62, near minor support, with a potential break signaling further bearish continuation.
Key Levels: Resistance at 67.80–68.00; major support around 62.00 at the channel's lower boundary.
Projection: Sellers could push prices to 61.99, while a retest of 68.00 may confirm the bearish setup if rejected.
Trend Outlook: The downtrend remains unless prices break above the channel resistance.
Keep an eye on the evolving trade scenario.
NIFTY heading towards strong DEMAND ZONE!!Looks like we are heading towards bottom for NIFTY as the trendline has been acting as a SUPPORT and strong demand zone from where new ATH and rally started hence new FRESH entries can be made POSITIONALLY as we can expect reaction and REVERSAL from these levels so keep watching and plan your trades accordingly.
Alexandria Real Estate | ARE | Long at $97.41Alexandria Real Estate NYSE:ARE
Pros:
Pays a high and reliable dividend of 5.56%
Earnings are forecast to grow 18.52% per year
Revenue rose from $1.5 billion to $3 billion by Q3 2024
Insiders recently awarded a large amount of options in January 2025
Historically cyclical and bottom cycle may be ending soon
Cons:
Debt is not well covered by operating cash flow
P/E of 57.93x
May see further near-term declines in share price with poor earnings ($60s-$70s, bottom is unconfirmed)
Targets (into 2027)
$120.00
$140.00
$149.00
$199.00
$220.00 (long-term outlook)
Why is BTC down today?Stocks and crypto both down the last couple of days. BTC often levers the remainder of the cryptosphere up and down based on it's own direction. Very much like a teacher and a group of students. Most will do what they're told, but there will also sometimes be a couple of rogues that don't follow the pack. With regards to BTC, we could be looking at a head and shoulders top. We've seen a piercing of the neckline today, only to rebound back above it. I'd say that if we see a decisive open and close below the neckline on a 4HR timeframe (minimum) H&S will be confirmed and we'll be down to the long purple box where there lies good resistance. Fear not! This is normal, natural and if you're an investor don't go chopping and changing. Just enjoy your weel and look out for the next few posts where we could leverage a great buy back with some extra cash. So, if you're going to do anything - raise some capital to add in! Follow and share for more.
Momentum-shift for Sephaku Holdings signals buyers' interest. Sephaku Holdings Limited had a taste of gravity in April 2015 when it tumbled from highs of R10.22 and went headfirst to smell lows of 23c by June 2020. The stock consolidated to close the week of the 11th of October 2021 at R2.06.
From this point we saw interested buyers closing the coming weeks in a “cup and handle pattern”, effectively printing a higher swing low and closing higher than R2.06 in September 2024 at R2.64.
Price is currently in the handle of the pattern, trading in a steep flag above the 49 Week EMA, currently resting at R1.68.
After closing the week of 02 December 2024 at R1.94, we expected the stock to pullback and retest the R1.68 zone before moving higher and that was achieved now in Jan 2025.
Recommended BUY positions can be initiated by using limit orders, or waiting to see a bullish reaction at the 49 Week EMA.
Entry – R1.68
Stop Loss: R1.56
Target 1: R2.99
Target 2: R3.63
Target 3: R4.08
A Weekly close above R4.65 could see the stock reach R5.24 and R6.42.
Below R1.55 the stock will call sellers to have a party and may plumet to 38c.
Retractable Technologies | RVP | Long at $0.76Retractable Technologies AMEX:RVP is a cyclical OTC stock that may be in a consolidation / accumulation phase for a major rise in the next 1-2 years. The reason this stock got my initial attention is the CEO bought $800,000 worth of shares over the last two years, with his buy range between $0.60 and $1.28. Pulling up the chart, my historical simple moving average (SMA) line seems to predict (quite well for this ticker) the sudden rise in price (i.e., as the SMA lines get closer to the price, there is a jump in price). The stock only has a 13.1 million float.
Between 2017 and 2019, the stock price consolidated near the levels seen during the last two years. Then, once my selected historical SMA reached the price, it jumped, consolidated further and rose to over $21.00... Now, I don't necessarily think the price will rise that high. There are currently two open price gaps on the daily chart (highest near $6.00) that may get closed.
I may be very early, on time, or the stock could go to zero. But if the CEO is going to risk that much for a current penny-play, I will dabble in the risk and simply be patient until SMA connects with the price.
Nothing to discuss regarding the fundamentals of this one (not great)... it's purely a technical analysis play.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.50
If it soars...
Target #4 = $4.18
Target #5 = $5.90
GOLD → False or true resistance breakout?FX:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel and symmetrical triangle. The struggle that has not ended creates risks for both buyers and sellers.
Economic problems in China and Trump's policy risk continue to support gold.
Inflation expectations are rising amid rising oil prices and the outlook for trade policy in the US. Friday's NFP report showed strong employment growth, making it less likely that the Fed will significantly cut interest rates in 2025
Traders' attention is also focused on CPI data to be released on Wednesday and its impact on future Fed policy.
Resistance levels: 2690, 2700
Support levels: 2685, 2678, 2665
At the moment, the price is in consolidation above previously broken resistance.
If there is no bullish momentum and the price makes a false break of the channel resistance, in that case gold may go down to 2678 - 2665.
BUT, a break of the local downside resistance could trigger buying and upside to targets: 2700
Regards R. Linda!
Agilon Health | AGL | Long at $2.24Agilon Health NYSE:AGL
Pros:
Revenue consistently grew from 2019 ($794 million) to 2023 ($4.3 billion) and through three quarters of 2024 ($5.6 billion). Expected to reach $8.7 billion by 2027.
Current debt-to-equity ratio 0.06 (very low)
Sufficient cash reserves to fund operations and strategic initiatives
Strong membership growth (525,000 as of Q3 2024, a 37% year-over-year increase)
Recent insider buying ($2 - $3) and awarding of options
Cons:
Rising medical costs - currently unprofitable and not forecast to become profitable over the next 3 years
No dividend
Targets (into 2027):
$2.72
$4.00
$5.00
$7.00
$11.50
$16.00
Continue to short gold after the reboundI have published today's trading strategy in the channel, although gold’s decline has started to slow and localized rebounds are emerging, I believe the overall trend has not reversed, and the downward movement is likely to continue. Therefore, I do not think this is the right time to go long on gold. Opening long positions now could result in those positions being overwhelmed by the continued bearish momentum.
For short-term gold trading, I will maintain my strategy of shorting gold following any rebounds. The short-term short-selling target area mainly focuses on 2672-2682,and my target remains in the 2660-2650 range. Stay disciplined and patient in executing your trades!
Bros, are you optimistic about the decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Short term TA for XRP XRP is currently consolidating within a narrow range between 2.37 and 2.38, following a recent upward move. While a decisive breakout above the 2.40 resistance level remains pending, this consolidation period could be interpreted as a sign of strength.
In the near term, a cautious outlook is warranted as the price has yet to confirm a sustained upward trajectory. However, the current price action may be indicative of accumulation and base-building, potentially setting the stage for a future advance.
Longer-term prospects for XRP appear positive, with the cryptocurrency demonstrating a consistent pattern of higher highs and higher lows. This suggests an underlying bullish trend, although patience may be required for further upside momentum to materialize.
Traders and investors are advised to closely monitor key indicators such as trading volume and momentum, as well as news and developments related to XRP, to gauge the likelihood of a breakout and subsequent price appreciation.
GOLD: Pivot Zone at 2665 Key to Bullish or Bearish MomentumGold Technical Analysis
The price stabilized in the bullish zone after breaking above 2665. As previously mentioned, stability above 2665 led to a move toward 2678 and subsequently reached 2697 before reversing back to the pivot zone at 2665.
If the price trades above 2665 again, it is expected to push higher toward 2678 and 2688.
Conversely, a 1-hour candle close below 2665 would confirm a bearish trend, with the price likely dropping to 2653.
Key Levels:
Pivot Point: 2665
Resistance Levels: 2678, 2688, 2706
Support Levels: 2653, 2636, 2623
Trend Outlook:
Bullish Trend: Above 2665
Bearish Trend: Below 2665, with further confirmation below 2653
Eyes on $GOATSEUS: Strong Bids Under 30cLooking for bids under 30c on $GOATSEUS.
End of the month or early February should fill those orders. If not, I’ll try to play the breakout or reclaim into 40c.
I’ve been extremely cautious with my entries lately, as things still seem weak on the altcoin side. However, with ETH close to 3k, SOL nearing 160, and BTC potentially bottoming closer to the mid-80ks, we could see MEXC:GOATUSDT drop below 30c.
I’ll cut if there’s a clear break below 20c.
Oil Elliott Wave AnalysisHello friends
On the oil chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of oil. This 5-wave bullish wave has completed wave 5 of 5.
Between waves 2 and 4, we also witness an alternation, and wave 3 has more microwaves or, so to speak, more complexity, and this is a confirmation of our analysis.
This means that the price increase has reached its end. The possibility of an increase in the price of oil is very small, unless wave 5 forms more complex microwaves (such as wave 3, which has more microwaves).
Now these 5 waves can be wave 1 or A, and the corrective wave after that is wave 2 or B, which I give a higher probability of forming 5 waves.
In both cases, the price of oil must correct.
This correction can continue to 50% ($ 76) or the downward trend line of the previous wave, which is the 76.8% Fibonacci range ($ 73).
Be successful and profitable.
Nasdaq future forecastHere's a (NQ1!) Nasdaq 100 quarterly candlestick logarithmic chart. With a trajectory trend channel based off 20 years of price discovery history. And 4 year vertical lines based off US president terms. Plus, 1 year vertical lines to forecast the possible ROI range in the future. This 20 year trend is invalidated with a break of the support or resistance lines.
2025 close
high = 30,900
avg = 23,740
low = 18,000
2026 close
high = 35,600
avg = 27,600
low = 21,300
2027 close
high = 41,150
avg = 32,500
low = 25,250
2028 close
high = 47,900
avg = 37,800
low = 30,200