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The global EV theme has faced renewed pressure as China's BYD aggressively captures market share, putting giants like Tesla and Toyota under strain. Toyota's stock recently plunged near its 2023 lows as sales expectations were trimmed. However, technicals paint a different picture now. The stock staged a sharp rebound, retracing back above the 61.8% Fibonacci...

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USD/JPY recently dropped to its lowest level since September 2024, hovering near the weekly moving average. The market buzzes with concerns over potential U.S. instability and speculation that a Trump administration could weigh on the dollar — prompting some investors to seek safety in the yen. However, the yield story tells a different tale. The U.S. still...

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Similar to the early stage of Trump's previous administration, escalating trade tensions and tariff threats have once again rattled market sentiment, triggering a broad-based correction in equity indices down to key support levels. Over the past two weeks, extreme trade war rhetoric shocked the market, causing the index to break below the 40,000-point support,...

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Trump's friendly relationship with Elon Musk, combined with the potential continued market focus on electric vehicles and the automotive sector next year, is worth keeping an eye on. Currently, Toyota's stock in Japan is showing signs of a technical rebound, and the Toyota ADRs listed in the U.S. seem to be gearing up for a bottom breakout.

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Dow Jones index has been spiking since the Fed decided to lower interest rates in September 2024. With just two weeks until the 2024 US presidential election, history suggests that the market typically experiences a correction before elections due to uncertainty. Will this time be an exception?

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The ETH monthly chart has reached the Fibonacci Retracement 38.2% level. If a pinbar forms by the end of this month (providing technical confirmation), there is a strong likelihood of a rebound to the Fibonacci Retracement 61.8% level at 3397 next month. The weekly chart indicates that it first needs to test the resistance level at 2850. Given the current...

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ETH is currently in a demand zone, which could attract long traders and potentially lead to the formation of a bullish signal soon. Downside Support: $2,031.39 (Weekly SMA 200 line, 38.2% Fibonacci Retracement level) Upside Resistance: $2,850

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Last month, the US unemployment rate rose to 4.1%. High current interest rates may assist in controlling inflation. However, if rates persist at 5.5% for an extended period, businesses may lack the funds needed to hire more employees, thereby failing to improve domestic employment rates. Consequently, the current high interest rates are unlikely to endure for...

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Silver price broke strong resistance $30 first time ever since 2020. Strong support are now holding at $30, predict will be forming more new highs after US presidential election 2024.

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Yen stable after BOJ decided to end negative interest rate on 19 MAR 2024. However BOJ interest rate just remove negative rate and keep rate constant at 0%. The question is, Would market rather invest dollar that offer interest rate earning at 4.75%(after deducting 0.75% since FED announced would be have 3 rate cuts in 2024) or low interest rate earning offer by...

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Silver price stand firmly above support price at 21.72, FED official mentioned would be have another three interest rate decision this year with expect of 75 basic point cut. Outflow from dollar market share start flowing to other asset class such as Silver? However, US presidential election would be held on coming NOV 2024, expect market would be choppy during...

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Based on Japan's latest unemployment rate and national inflation reports, due to improved economic outlook (National inflation rate declining). Predicted that BOJ will keep and remains negative interest rate constant until 19 March. (The next two BOJ interest rate decision day)

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Global central banks are now discussing to cut rates, indicating money flow would be focusing on non-currencies assets. (Such as stock market, cryptocurrencies, and Metals commodities) On DEC 4 last year, GOLD price reaching all time high at 2146.56. Soon would be XAG turn? Support 22 Resistance 30

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Last week's meeting, FED official decide to keep interest rate constant at 5.5%. If necessary, in order to stabilize the country's employment rate and reach FED target(2% inflation rate), believe soon to be FED will be decide to cut interest rates. Therefore, predicting money outflows from dollar trend would be continue and pushing gold price upward. Potential...

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Key Focus: (DEC 1)Powell commented that acknowledged the risks of not raising rates enough to sustainably cool inflation versus over-tightening and sending the economy into a downturn are becoming more balanced. Indicates FED would keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking. Money...

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(GBPJPY) outlook: Bullish. GJ broke AUG 23 high at 186.764 last week. However, support level 188.289 may remains fragile. Next BOJ interest rate decision: 15 DEC Next resistance -195.883 (01JUN2015 high) Next Support -188.289 -186.470

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Key Focus: US’s OCT CPI(YOY) was dropped to 3.2%, almost reaching fresh low at 3.0% even interest rate stay constant at 5.5% since July 2023. Indicating FED officials may keep rate unchanged until there is evidence to prove that current interest rate unable to stop inflation rate from hiking. Which believe USD’s trend would continue bearish until next inflation...

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(USDJPY) outlook: Bullish to Bearish. UJ Failed to breakout strong resistance at 151.945 after CPI data released last week. Chart existed with double top pattern, if neckline 149.133 level not able to sustain, predict UJ will have more downturn. Next BOJ interest rate decision: 15 DEC Next resistance -151.945 (21 OCT 2022 high) -160 (02 APR 1990 high) Next...