USDJPY speculation SELLUSDJPY candle break out below uptrend line.
PoC is also at the top with candle closed below PoC.
SELL this pair with speculation that it will be start of
1. corrective wave
2. reversal to downtrend
Trend Lines
Btc fibonacci levels Btc is holding levels making higher lows and the 72ems 420ema are getting closer together ready to golden cross we have gotten a couple large candles but we need two or more to break sideways action break adove 96000 we need to hold 94178 level or btc will go back to 92743 and we will break the higher low trend looking like algorithms trading as the levels and getting cleaner following the fibs if we hold 94178 clean close above green candle on new candle buy safer to wait for 94738 as previously stated in other ideas take profits at levels if we don't get big candles be prepared to take profits
EURUSD InsightHello, subscribers!
It’s great to have you all here. Please feel free to share your personal opinions in the comments. Don’t forget to hit the like button and subscribe!
Key Points
- U.S. December Nonfarm Payrolls increased by 256,000, significantly exceeding market expectations of 155,000, while the unemployment rate edged down slightly to 4.1% from the previous month's 4.2%.
- The stronger-than-expected performance of the U.S. labor market has solidified expectations for the Federal Reserve to maintain interest rates. A rate pause in January is now widely anticipated, with similar expectations for March and May.
- The yield on the 10-year U.S. Treasury rose to nearly 4.8%, while the 30-year yield broke above 5.0% at one point.
- Reports suggest that the Bank of Japan may revise inflation forecasts upward during its January meeting due to rising rice prices and exchange rate volatility. This has fueled speculation that the Bank of Japan might consider a rate hike, strengthening the yen.
- If the UK CPI comes in higher than expected this week, it could push gilt yields higher and intensify concerns over the UK’s worsening fiscal outlook.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: UK December Consumer Price Index (CPI), U.S. December CPI
+ January 16: UK November GDP, Germany December CPI, U.S. December Retail Sales
+ January 17: UK December CPI
EUR/USD Chart Analysis
The pair faced resistance at the anticipated high of 1.04500, resulting in a significant drop back toward the 1.02000 level. While there has been a slight temporary rebound, the pair is expected to resume its downward trajectory, potentially extending losses to the 1.01000 level. Should the 1.01000 support break, we may see the pair decline further toward parity (1.00000).
Let's go LONG this week & STRIKE GOLD for the HOUSE!!!COMEX:GC1!
" A life is not important except in the impact it has on other lives." -Jackie Robinson
As we head into the 2nd trading week of the New Year I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...
Confluence Profile 500K (Expectational Order-Flow + PA) 15-20pt STOP / 60-100pt Target
Key info; On average GOLD runs for 240pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 240 in Half = 120pts as our new GOAL to catch for the DAY (Intra Day)
Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand?
Currently Buyers have the stronger hand on the HTF's Daily & 4Hr. We just broke above the Daily Swing EQ Level ($2696.5) and have officially entered the Daily Supply Zone ($2719.0).
**** Scenario LONG #1) Now this is my Narrative to go LONG if and when price has a slight reaction out of the Supply Zone and sellers push GOLD down towards Daily Swing EQ Level ($2696.5) I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2696.5). OR
**** Scenario LONG #2) If sellers remain dominant and push price lower past EQ Level my next target will be 4Hr Sub. X Level ($2681.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2681.0). Or
**** Scenario LONG #3) Sellers remain Dominant and push price past EQ level & 4Hr Sub X. Level and come to mitigate the HTF Daily Demand Zone below ($2664.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2664.0).
Once we get our Confluence Profile 500K to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....
Key Note: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profit!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
A CLEAR BEARISH STUCTURE ON EURAUD.
There was confusion between bulls and bears on EURAUD the previous week ,making the pair to be choppy throughout the week. Hence, the confusion seems to be caused by the brake and retest of structure (resistance level) on weekly time frame ,meanwhile price rejected on a major /supply/liquidity zone but the previous monthly candle closed bullish leaving us to wonder what could happen next. all I can see is sells, there is a great shooting star on the monthly resistance level that is still pushing-price down and I can see a break of trend and retest on a 4hr time frame .I can also see a bearish flag that completed with shooting star on the current resistance level giving a sell signs. Trade with care
XAUUSD: Bullish Momentum Heading for Key ResistanceXAUUSD is trending within an ascending channel and is currently respecting its structure. Price action is approaching the upper boundary of the channel, which aligns with the marked resistance zone near 2705.302. This area may act as a supply zone, triggering retracements or reversals.
A short-term pullback toward the mid-channel or the highlighted demand zone near 2684.00 could occur before a continuation toward the 2705.302 target. Traders should look for bullish continuation patterns, such as a breakout above resistance or higher lows on the pullback, to confirm further upside potential. Conversely, a break below the demand zone might indicate bearish momentum.
Trading Signal for (XAU/USD) for Today 13-15 sell below $2,695. Gold is trading around 2,682 with a bullish bias after having found a strong support around the 21 SMA located at 2,660
Gold could face a strong resistance around 5/8 Murray located at 2,695 which could be seen as an opportunity to sell with targets at 2,660.
With a consolidation above 2,695 (5/8), the instrument could continue the bullish momentum and we expect gold to reach 2,734 where the 6/8 Murray is located which could represent a strong overbought area.
In the next few days, we could sell gold below 2,695 with the first targets at 2,660.
The price could even fall to the 200 EMA located at 2,645.
On the H1 chart, gold is reaching overbought levels. so, we will look for opportunities to sell in the next few hours, with targets at 2,675 and 2,665.
Opportunity Awaits on $FWOG - Scaling In Soon! I’m waiting to scale in at 24c, with a potential to add at 20c if conditions allow. Watching for a retest of the recent impulse move.
For this to happen, BTC would need to drop below 90k and into the low 80k range. Not expecting it unless we see that significant BTC pullback.
This is a macro play, and I’m willing to wait a couple of weeks to see how it plays out.
MEXC:FWOGUSDT
GBP/USD Analysis: Strong Trend Aims for Lower Channel TargetGBP/USD continues to push lower as the bearish trend gains momentum. While a potential trouble area could disrupt the move, the strength of the current trend suggests a high probability of targeting the lower boundary of the channel. Keep an eye on key levels for confirmation.
Gold Trading Update: Upward Channel Faces Potential ReversalGold is currently trading within an upward channel after breaking a significant weekly trendline. However, this leg of the channel may lose momentum, potentially forming a mini triple top or an inner head-and-shoulders pattern. A reversal could see gold retesting the recently broken trendline, providing a key area to watch for future moves.
USDJPY next phase dump coming like the previous times too wildAs we can see price is once again near resistance and daily high zone and sell pressure here soon will dump it hard and at least we are looking for 500-750 pips fall which is half of what happened pervious time here and it is also possible why not.
DISCLAIMER: ((trade based on your own decision))
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GBPUSD wait for huge correction and gain to the upside nowAs we said before price is near major daily support zones and now is touching first daily support zone and soon we are looking for start of our bull scenario and our target which is 1.2800 to be hit and +700 pips profit.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
XRP BullishXRP has broken out from sysmetrical traible on 15 min time frame after restesting the key support levels and gained momentum and is expected to Reach 2.60 price.
GBPCHF Buy Trade IdeaHello Traders
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NZDCAD Selling Trading IdeaHello Traders
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EURUSD Will be in bearish direction after Breaking ChannelHello Traders
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NZDUSD is in the Selling DirectionHello Traders
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AUDUSD Selling Trading IdeaHello Traders
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Gold: Key CPI Report and the Critical $2,700 Resistance** Contrary to the previous analysis, gold posted a significant rally, reaching around $2,700. Two scenarios are under consideration for its next move. The first involves a continuation of the rally, which requires breaking the $2,700 resistance and consolidating above it, a level gold has failed to surpass three times. The second scenario suggests completing a corrective wave in response to the $2,700 resistance.
It is advisable to wait for the release of the U.S. inflation report and assess gold's reaction to this critical resistance before entering a trade.
GBPCAD Continuation SellOn the monthly, price has yet to reach the D extension. We had a shallow retracement on the monthly fib with a stall out at the 1.18 1.27 extension. We had weekly and daily rejection at 1.82XXX.
Long term picture, I see the potential for a sell down to 1.580XX. Shorter term (4HR), I see two possibilities, price could begin to retrace from current 4HR level 1.759XX or push down to the second Weekly level at 1.749XX and retrace back up to the 38.2 1.776X where we have 4HR resistance. The retracement up could be tradeable.
For this leg of price, I see the potential for a sell to 1.739X with further downside potential to 1.716XX. At 1.7166X I think it will be time to re-evaluate once we see how price reacts at this level.
HelenP. I Euro can rebound from trend line and continue to fallHi folks today I'm prepared for you Euro analytics. If we look at the char we can see how the price reached the trend line and then at once dropped to resistance 2, which coincided with the resistance zone. Later price broke resistance 2 and the nsome time traded below this level, after which declined to resistance 1. But then the Euro made impulse up to resistance 2, making a gap, after which continued to trades near resistance 2. When the price reached the trend line, it started to decline near this line and later declined to resistance 1, after which turned around and in a short time rose to the trend line, after which dropped below resistance 1, breaking it too. But soon, the Euro turned around and tried to back up, and failed, after which continued to fall near the trend line. For this case, I expect that EURUSD will rise to the trend line and then continue to decline next. That's why I set my goal at 1.01 points. If you like my analytics you may support me with your like/comment ❤️
