jshafx

jshafx

As traders, having a clear bias outlook is crucial—it serves as our foundation and directional guide in the market. However, the way we analyze and interpret price action is highly individual. Even if multiple traders learn from the same mentor, their perspectives and strategies will differ. This is because trading is not just about technicals; it also reflects...

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Even though the latest CPI data showed positive numbers, gold continues to climb. However, it's important to remember that not every day brings a trending price spike. This is my bias outlook: Since Tuesday, gold has shown strong rejection, creating panic among traders. In the long-term perspective, gold remains bullish. But from a short-term viewpoint, gold...

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Bitcoin is currently consolidating at elevated levels, signaling potential strength for its next move. However, before resuming its bullish trajectory, the market is likely to execute a bear trap—a temporary downward move designed to shake out weak hands and trigger stop losses before a strong breakout to the upside. This consolidation phase is a crucial...

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United Kingdom Economic Analysis – February 2025 The UK economy is showing clear signs of weakness, with growth stagnating, inflation remaining stubborn, and business and consumer confidence deteriorating. GDP growth was flat at 0.0% in Q3 2024, down from 0.4% previously, confirming a lack of recovery momentum. Although annual GDP growth improved slightly to 0.9%,...

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The U.S. Bureau of Labor Statistics released the January 2025 Non-Farm Payrolls (NFP) report today, February 7, 2025, at 8:30 a.m. Eastern Time. The report indicates that the U.S. economy added 170,000 jobs in January, with the unemployment rate holding steady at 4.1%. This reflects a moderation in job growth compared to December's addition of 256,000 jobs....

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To establish a strong buying position in gold, we need a price drop first, allowing traders to buy on the dip. Therefore, today’s bias for gold is to buy when the price pulls back. Alternatively, we can anticipate theshort positionat supply rejection

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As of February 4, 2025, the Russell 2000 Index, which represents small-cap stocks, has experienced notable market movements influenced by recent geopolitical events. Recent Performance: February 3, 2025: The Russell 2000 declined by 1.3%, reacting to newly announced tariffs by President Donald Trump on imports from Canada, Mexico, and China. These tariffs have...

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As of February 4, 2025, light crude oil prices have been exhibiting an upward trend, influenced by various market dynamics. Current Market Sentiment: Supply Constraints: OPEC+ is expected to maintain its current plan of gradually increasing oil production starting in April, despite pressures to reduce prices. REUTERS.COM Demand Projections: The International...

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After the opening gap, GBP initially dropped but managed to recover during the New York session. This price action suggests a potential bullish bias, as buyers stepped in to absorb the sell-off. However, the overall trend is still bearish and key resistance levels should be monitored before confirming further upside. Stay cautious and manage risk accordingly.

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Today's outlook for EUR/USD leans towards a BUY probability, backed by historical trends in U.S. JOLTS data. February has consistently shown negative figures, reinforcing a potential bearish sentiment for the USD. Traders can capitalize on this statistical edge while maintaining a well-structured risk vs. reward strategy to optimize trade performance. Stay...

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Gold has reached a key supply zone, and a pullback is likely. A clear market structure shift on lower timeframes signals potential rejection. If the supply zone holds, it could present a solid short opportunity for intraday and scalping traders.

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Geopolitical Tailwinds Trump’s tariffs accelerate dedollarization. Bitcoin’s neutrality and censorship resistance make it the ultimate geopolitical hedge. Retaliatory measures will destabilize fiat corridors, forcing institutions to rebalance into BTC. February Seasonality Historical 15.6% average FBullish Bias: Bitcoin remains historically strong in February...

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In the GBPCAD market, all signs are pointing to a pivotal moment early this week. Monday and Tuesday present a strong likelihood of price rejection, potentially signaling a shift in direction. On higher timeframes, the bias suggests an imminent change, as the price approaches a key supply zone. Meanwhile, on the lower 1-hour chart, the story becomes even...

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The market is currently showing a state of consolidation, where price moves within a tight range, signaling indecision among participants. This is often a precursor to a significant breakout, and two key scenarios are in play: Scenario 1: Breakout Above the Supply Zone If the price successfully breaks through the supply zone, this could signal the continuation of...

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The US30 is undeniably in a strong bullish trend, showcasing its momentum over the past sessions. However, as with any extended trend, there are moments where price action hints at potential pullbacks or reversals. In the chart, we see that price has already broken a key support level, which signals a possible shift in market sentiment. This break introduces the...

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GBP Analysis: Bearish Sentiment Recent data for the British Pound (GBP) highlights economic struggles that paint a bearish outlook: S&P Global Services PMI Flash (24 Jan '25) Forecast: 50.9 Previous: 51.1 A decline in the forecast reflects slowing growth in the services sector. If the actual reading falls below 50, it would signal contraction and further weaken...

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In analyzing the chart, we see a critical setup forming. If the price breaks below Support (2), there’s a strong probability that it may perform a pullback before continuing to drop, potentially retesting the area around Support (1). This pullback behavior is often observed as the market seeks to confirm previous levels before resuming its move. However, if the...

jshafx Updated 

The demand zone failed to hold the price during the recent drop, resulting in a bounce. Now, the price is likely heading toward a fresh supply zone, which could serve as a potential re-entry point for sellers. The current probabilities suggest that gold may experience another drop as it seeks out a new demand zone for support.