DhandaTheGreat

DhandaTheGreat

Economic Factors Influencing USD/JPY: Monetary Policy Divergence: The Federal Reserve has maintained a relatively hawkish stance, while the Bank of Japan (BOJ) continues its accommodative policies. In December 2024, the BOJ kept interest rates steady at 0.25%, despite internal discussions about potential hikes. REUTERS This policy divergence often leads to a...

DhandaTheGreat

1. RSI Analysis (Relative Strength Index) The RSI is near 30, which indicates the market is approaching oversold levels. This suggests a possible bounce or reversal if buyers step in. If RSI drops below 30, expect further downside movement. 2. Moving Averages (50 MA & 200 MA) 50 MA is trending downward, confirming the bearish trend. Price is well below the...

DhandaTheGreat

Current Price: $158.55 Prediction: 🚀 +101% move expected, target $320+ Analysis & Market Structure: 📌 Solana remains in a long-term uptrend within an ascending channel – 🔸 SOL has been respecting the higher highs and higher lows pattern, making this a strong bullish structure. 🔸 SOL is now testing key support, presenting a high-reward, low-risk buying...

DhandaTheGreat

Current Price: $2,808 Prediction: 🚀 +139% move expected, target $6,700 Analysis & Market Structure: 📌 Ethereum is undervalued & has not yet hit an all-time high in this cycle – 🔸 Unlike Bitcoin, ETH still has room for a significant rally, making it a strong buy opportunity before it catches up to the broader market trend. 🔸 ETH remains cheap compared to other...

DhandaTheGreat

Current Price: $95,721 Prediction: 🚀 +27% move expected, target $125,000 Analysis & Market Structure: 📌 Uptrend Holding in Ascending Channel – Bitcoin is still within a strong bullish channel, with multiple higher highs and higher lows, confirming bullish momentum. 📌 Major Resistance Ahead ($100K - $105K Zone) – 🔸 Bitcoin needs to break above $100K...

DhandaTheGreat

Current Price: 1.0461 1-Hour (H1) Chart Analysis: 📌 Bearish Rejection from Resistance – The price attempted to break above 1.0480 - 1.0500 but failed, showing selling pressure at higher levels. 📌 Support Holding Around 1.0440 - 1.0420 – Buyers are stepping in around this zone, marked by the green trendline, indicating a potential bounce if buyers remain...

DhandaTheGreat

Current Price: ¥188.48 1-Hour (H1) Chart Analysis: 📌 Downtrend in Play – GBP/JPY is trading within a descending trendline (red), showing continuous lower highs and lower lows. 📌 Support Around ¥188.00 – The pair found temporary support near ¥188.00, aligning with the green trendline, indicating potential buying interest at this level. 📌 Resistance at ¥190.00 –...

DhandaTheGreat

Current Price: $2,936 1-Hour (H1) Chart Analysis: 📌 Consolidation Below Resistance – Gold has been struggling to break above a key resistance zone around $2,950, which is marked by multiple rejections (red resistance line). The price action suggests range-bound movement in the short term. 📌 Bullish Wick & Support Holding – A notable bullish wick appeared, showing...

DhandaTheGreat

Trend : Gold is in a strong uptrend, trading within a rising channel. The price has consistently respected the green trendline (support). Higher highs and higher lows confirm bullish momentum. Key Levels: Support: $2,750, $2,650 (major swing lows) Resistance: $2,950, $3,000 (psychological level) Technical Patterns: There are multiple bullish breakouts from...

DhandaTheGreat

GBP/USD Technical Analysis – Bullish Momentum or a Temporary Pullback? By Dhanda The Great The GBP/USD currency pair has been on an interesting journey over the past few months, experiencing a significant downtrend before showing signs of a bullish reversal. The big question now: Is this the beginning of a sustained uptrend, or just a temporary pullback? Chart...