BITCOIN → New targets! What will happen to ALTCOINS ?BINANCE:BTCUSD went into consolidation after a failed attempt to break through the 108K resistance. Nothing terrible happened, the weekly structure is quite strong, and the market needs to build up its potential. What is happening and what to expect in the future?
In the week ahead, the focus is on the US rate meeting, GDP and PCE. If the US macroeconomic data disappoints, it could lead to a lower dollar and more interest in BTC.
As for Trump, he may give a good driver to the market if he pushes for the inclusion of BTC in the federal reserve, which is what the crypto trading community is waiting for now. But, it should be realized that tight US monetary policy and possible further rate hikes create pressure on high-risk assets, including bitcoin.
In a sideways moving environment, BTC dominance remains stable, around 50-60%. Altcoins are more likely to perform weakly in such an environment, with the exception of a few highly liquid assets.
If BINANCE:BTCUSD drops to 91.7К - 95К USD, it is likely that capital will continue to stay in BTC as investors focus on risk mitigation. Altcoins can only show growth if bitcoin has a new momentum above 107,400 USD.
Resistance levels:106.9, 107.5
Support levels: 102.5, 99950
Because of the strong resistance, the price is very likely to test one of the key support levels. And already from 102.5 - 100K a rather aggressive rebound may follow. But it is necessary to observe the character of the price and its approaching to these or those strong levels. Sharp movements often end in reversals, when smooth and gradual heralds a breakout.
Regards R. Linda!
Ascending Channel
GOLD → Ahead of ATH. How can price react to resistance?FX:XAUUSD is updating its highs and is gradually approaching ATH. Before the last spurt consolidation or correction may be formed, but chances of reaching ATH are quite high.
Gold price continues its bull run amid uncertainty in Trump's trade policy and expectation of PMI data in the US. Market participants are seeking protection in gold due to global growth fears related to trade conflicts and rate policy. The hawkish stance of the Bank of Japan and dollar weakness also support the metal. However, a pullback is possible on Friday due to profit taking ahead of US GDP data and the Fed decision.
Technically, there is a strong resistance zone at 2790 - istric high ahead. A false break of the resistance may trigger a profit-taking and subsequent correction.
Resistance levels: 2790
Support levels: 2770, 2762, 2750
Before reaching the ATH, the price may form a retest of the support at 2762. But, the main focus is on the historical maximum. The chance of reaching the target is very high, but watch the price reaction to the resistance. False breakdown may provoke a deep correction.
Regards R. Linda!
SUI → The coin is coming out of an uptrend. Capitulation?BINANCE:SUIUSDT is breaking the bullish structure and testing a trigger that could trigger a strong fall. Yesterday's speech by President Trump Disappointed the cryptocurrency community. The main question is whether a correction is possible?
A correction is possible and there are several reasons for that: bitcoin is making a false breakout and generally hinting at a possible price correction after Trump's post-inauguration speech yesterday, where not a word was said about cryptocurrency. Some felt cheated. But, in this context, actions are important, if Trump moves to fulfill his promises, we may have a bullish driver.
At the moment, technically, the price is leaving the uptrend and testing the 4.250 trigger. It is a strong enough level, a break of which could make the bulls panic, which could lead to capitulation and price decline.
Resistance levels: 4.489, 4.84, 5.12
Support levels: 4.25, 4.00
A retest of the resistance or the previously broken channel boundary is possible, but a break below 4.25 may trigger a fall. A pre-breakdown consolidation is forming around this level. Watch the coin!
Regards R. Linda!
EUR/GBP Collapses Bearish Breakout SetupThis chart shows a short trade setup based on the price action and trendline analysis of the EUR/GBP pair on the 2-hour timeframe. The price was moving within an ascending channel, defined by two parallel white trendlines. The ascending channel suggests a temporary bullish trend where the price consistently made higher highs and higher lows.
At the top of the channel, the price experienced resistance, which led to a breakdown below the lower trendline. This breakdown signals a potential reversal of the bullish trend and marks the start of bearish momentum. The break of the lower trendline is the key signal for the short entry.
The breakdown also aligns with a shift in market sentiment, as the price failed to maintain its position within the channel. The sell-off that followed confirmed the validity of the breakout. The price is now trending downward toward a lower level, which could act as a support area.
The key levels to watch include the recent breakout point, which could act as resistance if the price attempts a pullback, and the lower support level near 0.82856. This support level aligns with a previous price range and serves as the potential target for the short position.
The descending movement following the channel break suggests strong selling pressure. To confirm the continuation of the bearish trend, the price should not re-enter the ascending channel. A retest of the lower trendline could provide further confirmation of the breakdown, while a failure to hold below it could invalidate the bearish bias. This setup reflects a clear trend reversal strategy focusing on trading the breakout of an ascending pattern.
EURUSD Roadmap==>>Short-term!!!EURUSD ( FX:EURUSD ) is moving near the Support zone($1.039-$1.033) and inside the Ascending Channel .
According to the theory of Elliott waves , it seems that EURUSD has succeeded in completing the main wave 3 above the ascending channel and is currently completing the main wave 4 .
I expect EURUSD to attack the Resistance zone($1.052-$1.044) again soon, and the main wave 5 could end in this zone.
What do you think? Will EURUSD break the support zone or bounce back to test the resistance zone?
Note: If EURUSD can break the Support zone($1.039-$1.033), the lower line of the ascending channel, and 100_SMA(4-hour) , we should expect a further decline of this pair.
Note: Donald Trump's speech and the announcement of the Unemployment Claims index can affect the EURUSD trend(Tomorrow).
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURAUD complex structure, high chance for bearish push and break
OANDA:EURAUD analysis, complex structure which i love to see, price is break trend lines, its in ASCENDING CHANNEL, bouncing and on line of BEARISH FLAG pattern, currently moving in zone, AUD with many having strong bullish expectations for next periods.
Here having strong bearish expectations after long time of bullish push.
SUP zone: 1.67200
RES zone: 1.64900, 1.64200, 1.63200
XLMUSDT → Attempt to change the local trendBINANCE:XLMUSDT is entering the correction phase after attempting to forge an uptrend. Price is breaking support due to the change in market nastreonium and bitcoin correction.
Bitcoin is moving into a correction, which is generally creating pressure for the already weak altcoin market. The reason is disappointment from the cryptocurrency community due to the lack of hints about cryptocurrencies in the new President Trump's speech. The market is trying to digest this fact as part of a correction.
XLM is technically breaking the ascending support inside the global descending channel, meaning that the pressure on the market from the bears is still present.
Support levels: 0.4177, 0.3896
Resistance levels: 0.460, 0.4955
The focus is on the previously broken channel boundary and the support level at 0.4177. The price may still test the previously broken channel boundary before falling further. But, a breakdown and consolidation of the price below 0.4177 may provoke sales.
Regards R. Linda!
GOLD → bulls are aiming for ATH. The odds are high...FX:XAUUSD is in a rally phase aiming for ATH. Based on geopolitical data, we have a pretty good chance. The focus is on 2750. From this point the northbound train can continue its journey.
Trump's policies are putting quite a bit of pressure on geopolitics due to creating trade problems for major nations like China, EU, Canada, BRICS countries. Chinese Vice Premier Ding Xuexian has warned of the negative effects of a trade war, which has further increased demand for safe havens like gold and the US dollar. Gold is also facing pressure because of the Fed, but the dollar correction is becoming another driver for the metal.
Technically, the price is trying to consolidate above a rather important level. 2749. If the bulls manage to keep the defense above 2750, the metal may continue its growth in the short and medium term
Resistance levels: 2759
Support levels: 2750, 2737, 2732
Emphasis on 2750. If the bulls keep this area under their control, the gold will go higher. But, I do not exclude a retest of 0.5 Fibo liquidity zone or 2732 before further growth.
Regards R. Linda!
New analysis on CADCHF
OANDA:CADCHF we are have bullish push in last periods, ASCENDING CHANNEL is visible, its be breaked, price is make push around 40PIPS and its start reversing at end my ex. analysis on CADCHF i am CANCEL.
Currently price again pushing on same zone from last idea-strong zone(violet line), +H&S pattern looks like will not be continued after its have confirmation, which for me here is one more sign for bullishness.
NOTE: Analysis on CADCHF before this one will be attached
SUP zone: 0.63200
RES zone: 0.64000, 0.64200
GOLD → A very strong uptrend may get its continuationFX:XAUUSD is rising due to high geopolitical and political risks. A strong bullish trend is forming, within which the price tests the strong resistance 2726 and draws a false break of the resistance...
The rise is shaping up more on the back of Trump's threats on tariffs, adding to the risk-negative sentiment in the markets. Trump has proposed imposing tariffs on Mexico and Canada, as well as the EU and China, if a trade agreement is not reached. These threats are supporting demand for gold as a safe-haven asset. However, the strengthening dollar and expectations of Fed rate cuts are limiting further upside for gold. Trading in the coming days will depend on the general market atmosphere and Trump's tariff discussions.
Technically, a false break of such a strong resistance could temporarily slow the growth and move the price into correction or consolidation, but there are nuances of technical...
Resistance levels: 2721, 2726, 2761
Support levels: 2703, 2697, 2690
At the moment it is worth paying attention to 0.5 fibo (2717) and 0.7-0.79 fibo. These are quite strong and important liquidity zones that can stop the correction and bring gold back to the uptrend. A retest of the local high of 2726 - 2732 will hint at the readiness of the metal to go even higher.
Regards R. Linda!
# BULLISH CHANNELGold Analysis - 2-Hour Time Frame
Today, we’re diving into the 2-hour time frame for Gold. As we know, the overall market structure is bullish, signaling strong upward momentum. The price has established a clean and well-structured bullish channel, a clear indication of continued bullish sentiment.
If the price continues to respect the boundaries of this bullish channel, we’ll be looking for a buy opportunity within our key demand zone.
Key Steps:
1: Wait for a Bullish Confirmation: Watch for clear signs of upward momentum to confirm the buying signal.
2: Execute the Trade: Once confirmation is received, enter the trade with confidence.
Patience and precision are key in capturing this potential opportunity!
#GOLD 2H Technical Analyze Expected Move.
Gold Price Analysis: Key Insights for Next Week Trading DecisionThe market is buzzing with mixed feelings as we approach Donald Trump's inauguration as US President-elect. Gold prices have retreated from a one-month peak, with some investors jumping on the opportunity to buy the US Dollar at perceived dips. Despite this, gold remains heavily influenced by the geopolitical and domestic political climate in the US. Recent inflation data, combined with comments from Fed Governor Waller, have put pressure on the Dollar, with traders betting on an earlier rate cut. Waller hinted at the possibility of a rate cut as soon as the March meeting, noting that inflation is nearing the Fed's 2% target. In this video, we explore how these developments could shape the gold market moving forward.
#GoldAnalysis #XAUUSD #GoldPrice #TrumpInauguration #USDIndex #InflationData #FedRateCuts #GoldTrading #ForexAnalysis #MarketTrends
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
BITCOIN → Correction before further flight to 112-120KBINANCE:BTCUSD surprises everyone again with this week's rally. After retesting the panic and risk zone, when many started selling, the price turned around and flew 18% in a few days....
One week old idea: BITCOIN → Retest of key support. What can happen?
There could be several factors behind the gains that have been forged over the past 3 days:
New reports point to increased activity from major players, including institutional investors,
Trump's upcoming inauguration, the crypto community is expecting the new president to take active steps. And overall, the bullish three-day run is a combination of macroeconomic factors, technical breakdown and fundamental confidence in the future of cryptocurrencies. All of this created a strong bullish momentum that attracted new buyers and increased institutional investor interest.
From a technical perspective, the 100K and 102.5K area plays an important role for me. If the bulls can keep the price above this zone, the growth will continue in the medium term.
Support levels: 102.5K, 100K
Resistance levels: 103.6K, 105.7K, 107.5K
Technically, at the moment, a pre-breakdown situation is forming on H1 against the support at 102.8. Accordingly, bitcoin may form a correction to both 100K and 97.5K. But, if the fall will quickly recover or the bulls will keep the defense above 100-102.5K, then further we can count on growth up to 108-112K.
Regards R. Linda!
GOLD → Realization of consolidation and retest of resistanceFX:XAUUSD is testing a rather important resistance, a break and consolidation above which will open the way to 2721 - 2726. Technically, gold has entered the buying zone, and the fundamental background supports it
Gold was supported by weak US inflation data, dollar correction and adjusted expectations of Fed rate cuts, as well as hopes for stimulus in China.
Traders' attention shifts to December retail sales and jobless claims in the US. These data will help clarify the Fed's monetary policy outlook. Weakened dollar and lower bond yields support the current growth of gold.
Technically, all eyes are currently on the uptrend and resistance at 2697.8
Resistance levels: 2697.8, 2700
Support levels: 2690, 2678
If gold can consolidate above 2697-2700 and the bulls hold the defense above this zone, we should expect growth in the short and medium term. But do not forget about the news that will be published later.
Regards R. Linda!
GOLD → Uptrend, price depends on CPIFX:XAUUSD continues to form an uptrend on the local and medium-term timeframe. The price is again testing strong resistance on H4-D1 and is showing signs of readiness to rise to 2700-2750.
The PPI report was a bit of a surprise and a small driver for the markets, including gold, as the dollar moved into correction. CPI is ahead and bets are high on the report as it could change the market's assessment of the prospects for a Fed rate cut this year. A strong CPI could add pressure on gold, while a weak report would support the bulls.Hawkish Fed rates are supported by the premise that Trump, who begins his second term next week, is likely to fuel inflation with his protectionist policies.
Technically, there is an area of volume density and order block ahead, which could trigger a small pullback to support from which upside could continue.
Support levels: 2678, 2674, 2669
Resistance levels: 2690, 2697, 2703
But, in the short (mid) term everything depends on the news. CPI is ahead and with weak data gold may go on a bull run, but strong data may stop the growth and turn the metal around. Focus on key levels!
Regards R. Linda!
EURJPY → The fall may continue after the correctionFX:EURJPY is under pressure. The currency pair is breaking the local uptrend. Technical and fundamental background is weak, which in general can put pressure on the market.
Globally, the currency pair has no trend and is trading within the range of 166 - 156. The last growth attempt was unsuccessful, the price could not approach the intermediate maximum and facing a strong bear the price turned around and fixing below the SMA headed to the lower boundary of the flat.
Locally, the change of character to bearish is confirmed, but before further fall the price may form a correction, for example, to 0.5 Fibo (imbalance zone), or to local zones of interest, but in the medium term the fall may continue.
Resistance levels: 162.3, 163.1
Support levels: 160.9, 159.8
A false breakdown of local support is formed, which may lead to correction, but since we have confirmation that the market is bearish, after the correction the fall may continue.
Regards R. Linda!
GOLD → What could trigger a fall?FX:XAUUSD is forming a false breakdown of the key resistance and as a consequence - passes into the phase of realization of the bearish pattern “Wedge”. If the general background persists, the price will be able to update the lows....
On the back of upcoming inflation data (PPI and CPI), traders have reduced expectations of a Fed rate cut to one this year. Forecasts point to a rise in PPI, which could strengthen demand for the dollar and cause a correction in gold prices. However, the weak data has the potential to push gold to $2,705.
Additionally, markets are watching Trump's policies and the possible introduction of new US tariffs, which could affect the dynamics of gold. Despite inflation risks, the metal has corrected from a one-month high, remaining a key hedge against inflation.
Technically, we have a correction forming after a false breakdown. Quite an important phase in the market. If the bears can keep the price below 2675 - 2681, the decline will continue in the short to medium term.
Resistance levels: 2675, 2681, 2690
Support levels: 2667, 2656
At the moment the price is testing 0.5 fibo, on the background of the secondary retest the zone can be broken (I do not exclude a false breakout and consolidation below 0.5 fibo, which will also lead to a fall) and the price will head to the retest of the imbalance zone, which can put pressure on gold. The most likely scenario is a retest of the zone of interest 2675 - 2681 before further decline
Regards R. Linda!
GOLD → False or true resistance breakout?FX:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel and symmetrical triangle. The struggle that has not ended creates risks for both buyers and sellers.
Economic problems in China and Trump's policy risk continue to support gold.
Inflation expectations are rising amid rising oil prices and the outlook for trade policy in the US. Friday's NFP report showed strong employment growth, making it less likely that the Fed will significantly cut interest rates in 2025
Traders' attention is also focused on CPI data to be released on Wednesday and its impact on future Fed policy.
Resistance levels: 2690, 2700
Support levels: 2685, 2678, 2665
At the moment, the price is in consolidation above previously broken resistance.
If there is no bullish momentum and the price makes a false break of the channel resistance, in that case gold may go down to 2678 - 2665.
BUT, a break of the local downside resistance could trigger buying and upside to targets: 2700
Regards R. Linda!
Gold Price Analysis: Key Insights for Next Week Trading DecisionGold prices extended their rally last week, shrugging off a strong U.S. Nonfarm Payrolls (NFP) report that added 256,000 jobs in December, far exceeding expectations. The unemployment rate dipped to 4.1%, highlighting the resilience of the U.S. labour market.
Despite this, inflationary concerns persist, with consumers expecting higher prices in the coming year, as revealed by the University of Michigan sentiment survey. Meanwhile, the Federal Reserve remains cautious, with mixed signals from officials on interest rate adjustments.
This video analyzes Gold’s bullish momentum amid these macroeconomic factors and explores key zones for trading opportunities in the week ahead.
👉 What to expect:
📈 Price action insights for Gold (XAUUSD)
🔎 Key levels for swing trading setups
📊 Impact of economic fundamentals on market trends
📌 Don’t miss out—watch now
#XAUUSD #GoldMarket #FedRates #TrumpTariffs #TradingStrategy
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GOLD → Paranormal growth on the back of strong NFP...FX:XAUUSD is rising with the dollar and strong NFP data. Those who shouted that the metal is ceasing to play the safe haven function are very much mistaken :)
The surprise of rising NFP data and rising gold, which is not specific in this context, surprised the market quite a lot. After all, rising data points to a more hawkish stance of the Fed and generally medium-term policy in the US. But based on the environment, we can say that gold is rising because of the risks of the policy of Trump, whose inauguration will be held on January 20.
Now all eyes are on the US Inflation data. The upcoming week, will be quite interesting.
Technically: GOLD is breaking the consolidation resistance (symmetrical triangle) and is trying to consolidate above this boundary. Most likely, the struggle will continue and the price may test the previously broken figure boundary or liquidity zone 2675 - 2664, which will determine the further development of events.
Resistance levels: 2698, 2721, 2750
Support levels: 2675, 2665
The situation is quite unstable, as there are too many factors putting pressure on the prices.
Accordingly: if after the retest the bulls are able to keep the price above 2680-2690, the growth may continue in the mid-term ( till January 20 approximately ).
But! If the bullish structure will be broken and bears will start to keep the price below 2680, it can provoke correction to 2665, 2650.
Regards R. Linda!
GOLD → The market is nervous ahead of NFP. What's next?$FXCM:XAUUSD continues its strong upward movement, but along with the growth there are growing risks of a strong fall. NFP is ahead, and the situation is quite tense....
Fundamentally the situation is confusing, the main nuance is Trump's policy and the hawkish stance of the Fed, which creates pressure on the market, but gold, as we see, is rising due to the growing economic and geopolitical risks associated with Trump's policy, the crisis in the Middle East, Eastern Europe and economic problems in China.
NFP is ahead, which creates additional risks: either an aggressive rise or a breakdown of strong support and the formation of a strong downward momentum.
A weaker NFP may bring back expectations of an aggressive Fed rate cut, causing a broad correction in the US dollar, which could favor gold. Conversely, an upside surprise in NFP and wage inflation data could reinforce hawkish Fed rate hikes.
Resistance levels: 2678, channel, 2693
Support levels: 2675, 2671, 2665
Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2640.
Regards R. Linda!
BITCOIN → Retest of key support. What can happen?BINANCE:BTCUSD continues to form a consolidation, this could continue until Trump's inauguration. Price is approaching a key support level and a liquidity zone that harbors both crowd fear and huge potential.
On W1, price is trying to consolidate above the global rising line playing the role of support. Buyers can aggressively defend this area because if this area is lost, price could very easily and quickly descend to 72-75K.
Bitcoin has moved into a local correction due to economic data, but the global fundamental picture is quite positive (thanks to Trump and community interest).
Levels in the 91K - 89K - 86K zone are attracting the attention of major players as these are psychologically important and historically strong buying zones, especially against the backdrop of a strong bullish trend.
The current flat and consolidation boundaries may persist as traders and the community wait for Trump's inauguration and his active actions, and the economic data had only a temporary impact.
Resistance levels: SMA, 99.5K, 102.5K
Support levels: 91.7K, 89.3K, 86.7K
A false break of support can provoke quite a violent reaction. After such a strong fall, I expect a rebound rather than a breakdown. I do not exclude a retest of 89-86K before further growth.
Regards R. Linda!