Short GBP on retracement to 1.2710As per previous post analysis - wait for retracement before UK unemployment numbers which will disappoint again.
Important: the climb up to 1.27 zone will by no means be a bullish signal - only retracement from current drop and then further declines to continue.
Entry 1.2710
SL 1.2810
TP 1.23
Good luck all!
Fundamental Analysis
NASDAQ Before FOMC - New Chance For Bears?The NASDAQ has staged an impressive rally in recent weeks. We had pointed out bearish divergences in the volume, which the market ignored with a brilliant upward movement - this was not unexpected, as we remember from the aforementioned analysis. Nevertheless, these bearish divergences are still present and are now also clearly visible in the long-term cumulative volume delta chart.
With tomorrow's FED meeting and signs of weakness, the chances of a short-term correction to one of the various open gaps are not bad.
EUR/USD ANALYSISIn this analyze we are analyzing 1H time frame to identify that what will be the next move come occurs in EURUSD currency pair. I'm expecting that first price came down and touches our buying zone and than again move in upward direction. Let's wait when price enter into our zone and observed how will price react into our zone.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#EURUSD 1H Technical Analyze Expected Move.
New Zealand slides after Fed rate cut, NZ GDP nextThe New Zealand dollar has declined sharply on Wednesday. In the North American session, NZD/USD is trading at 0.5685, down 1.2% on the day. The New Zealand dollar has been in freefall, plunging 11.6% since Oct. 1.
New Zealand's economy is expected to contract in the third quarter by 0.4% q/q, after a 0.2% decline in Q2. If the economy contracted for back-to-back quarters as expected, it would mean that the economy is in a technical recession. Construction and manufacturing activity declined in the third quarter and a severe power crisis led to a decrease exports, all of which dampened GDP.
The Reserve Bank of New Zealand slashed rates by 50 basis points last month, lowering the cash rate to 4.25%. The central bank has trimmed rates by 125 bp since August but the economy is clearly in need of further cuts. Inflation is back within the target of 1% to 3% and we can expect another cut at the next meeting in February barring a surprise jump in inflation.
There wasn't much excitement around today's Federal Reserve meeting, as the market had priced in a quarter-point cut at close to 100%. This is exactly what happened, as the Fed cut rates for a third time this year. The Fed signaled that it expected to cut rates only two times in 2025, lower than previous projections of four rate cuts. With the US economy in solid shape and the downswing in inflation stalled, the Fed can afford to take its time before the next rate cut.
The market will hear from Fed Chair Powell shortly. Powell could reiterate that the Fed plans to cut rates "gradually", which means modest cuts of 25 basis points.
NZD/USD is testing support at 0.5715. Next, there is support at 0.5665
There is resistance at 0.5801 and 0.5849
Potentially a good time to switch from BTC to ETH.Hi all, let's look at the 1W ETH to BTC chart, in this situation we can see how the price is moving below the downtrend lines, in this situation we have several such lines which also indicate strong resistance places for the price in a given move.
Currently, a correction is visible, but as the trend reverses, resistance levels are visible at the following levels:
T1 = 0.04504btc around 21.5%
T2 = 0.05346btc around 44%
T3 = 0.06004btc around 61.5%
T4 = 0.06652btc around 79%
T5 = 0.07623btc around 105%
Now let's move on to stop-loss in case the market continues to fall:
SL1 = 0.03166btc
SL2 = 0.02213btc
SL3 = 0.01612btc
On the RSI indicator, we have a visible movement at the lower end of the range, which could potentially indicate an upcoming increase, here it is worth watching the trend line under which we are moving, because the moment of approaching it gives a renewed price recovery.
Bitcoin (BTC/USDT)📈 Long Signal for Bitcoin (BTC/USDT)
✅ Suggestion: Open a long position based on the marked arrow in the scalp time frame.
🎯 Expectation: I anticipate BTC will hit the one-hour high soon. 🚀
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💎 Let’s capitalize on this move together! 💰
the bigger the base, the higher in spacethe chart says it all. Carbacid is a phenomenal company with a leading market position in the East African region. this moat is reflected in the company's stable financial metrics.
Mr Patel, a prominent investor on the NSE has increased his stake from approx. 25% to 49.9% over the past decade. One would be hard-pressed to find a company with a much stronger balance sheet.
wrt technicals, we'd need a much cleaner breakout to trigger an entry.
HolderStat | BTC is on the cusp of volatility👉 Amid slowing inflows into spot BTC ETFs and weak bearish pressure, BTC price remains above key support. Institutionalists are hoarding the coin, and Bitfinex says: the target is $200K by mid-2025, so it's likely that corrections will be moderate due to strong demand.
The Bitcoin Policy Institute has proposed Trump's strategic plan for BTC reserves. If the idea becomes a reality, it could trigger a new round of global growth 📈
🧐 Remember: smart money prepares the ground for the rise!
_____________________
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Always DYOR! 🔬
Satoshi- Over time, everything diminishes, including opportunities.
- You won't achieve the same percentage gains as those who joined in 2011.
- However, when you calculate and compare these numbers with inflation, you'll find yourself consistently on the winning side.
- One day, people won’t measure value in BTC anymore. They’ll measure it in Satoshis.
- It's still early, secure your financial freedom.
Happy Tr4Ding !
Filecoin: A Fictitious Macro Falling Wedge. Hello.
This is a fake chart about Filecoin.
After a serious 150%+ plus run-up in November 2024, you had a serious seller whom cut bags.
This is typical of Filecoin and she moves like nothing I've seen. Best believe she means the direction.
Usually, Filecoin follows the rules and runs down to the "50% rule" of Retracement.
Then generally, after that, will continue to rug it's face off.
(75% retrace or >100% retrace)
We have three serious Fibs to consider:
(0.382) - $17.502
(0.236) - $8.215
(0) - $2.419
The median target would be $4.00 - $4.50 price range on a significant retrace.
Potentially, Filecoin can run straight to $15-$21 by EoY. This is unlikely, but possible.
I believe we are in a type of Bullish Correction called a "Falling Wedge".
I would only suggest looking for buys periodically, and on significant dips.
Also, remember this about Filecoin:
"People were sold Filecoin at .97cents on pre-sale."
Never forget that.
Enjoy,
Mr. Storm
Pre FOMC View and a follow up on the USDJPYCheck out the Previous Bias on the Pair and follow through, Still expecting high volatility in the market and I believe this volatility could come from the FOMC Release.
Do well to take some partials from the second entry @154.50 and leave the rest based on our risk well calculated. Do the same on the GBPUSD Buy positions
Patience is the way! Ieios
CADCHF - Short from bearish OB !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. After break of structure I expect price to make a retracement to fill the imbalance higher and then to reject from bearish OB.
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NASDAK 1HTFShort-term outlook:
Positive (bullish) scenario:
In case of a clear break and stability above 22,050, the upward momentum may continue towards 22,400 and then 22,600 levels.
Negative (bearish) scenario:
In case the price fails to stabilize above 22,000, a decline may occur towards the support levels at 21,600.
Recommendation:
Scalpers: Follow the price closely around 22,000 levels, and enter with confirmation of resistance breakout or wait for a bounce from support.
Investors: Maintain a positive outlook as long as the uptrend continues and higher highs and lows are formed
Dow Jones 1HTFDow Jones
Short-term outlook:
Positive (bullish) scenario:
If the price stabilizes above 43,500 and stronger buying momentum emerges, we may witness a retest of 44,000 with a potential return towards 44,600.
Negative (bearish) scenario:
A break of 43,200 downwards may push the index towards 42,800 with increased chances of further decline if selling dominates