GBPJPY → The CBJ has raised rates. What's in store for the pair?FX:GBPJPY experienced an attempt to break through resistance and rise, but failed to realize the intention as traders do not believe in bullish movement due to the actions of the Central Bank of Japan
The Central Bank of Japan raised the rate by 0.25% to the highest since 2008. The bank sees accelerating inflation, a slowing economy and is likely to raise the rate further if inflation continues to rise.
Fundamentally, the situation may trigger a fall in the currency pair, but it may be restrained due to the Pound's strength against the Dollar. Nevertheless, I assess the situation regarding a false break of resistance from the technical part, and from the fundamental part from the Japanese action, as they are targeting the medium term.
Resistance levels: 193.00
Support levels: 192.00, 190.55
Another attempt to retest resistance before a further drop is possible. Traders are starting to build up longs on the Yen, which may lead to a bearish correction of the currency pair.
Regards R. Linda!
Consolidation
USDJPY → Japan's central bank is about to raise ratesFX:USDJPY cannot continue its uptrend yet. Rumors about possible actions from the central bank of Japan will appear. The dollar in the meantime continues to rise....
158.46 is a rather strong resistance formed by the bears, who continue to put pressure on the market. This week, we expect active actions from the Central Bank of Japan, namely - raising interest rates. In general, this phenomenon is quite rare, but it can support the currency pair very well. If the Japanese decide to take such actions, the currency pair may continue the correction from 0.5 - 0.7 fibo. Priority targets in this case may be the zones of interest at 153.24, 151.94.
Resistance levels: 156.56, 157.22
Support levels: 155.1
Price fixing below 0.5 Fibo or below 155.95 may provoke aggressive selling. The decision on rates in Japan will take place on Friday, until then the price may be in consolidation....
Regards R. Linda!
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!
HelenP. I Bitcoin will decline to trend line, after impulse upHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price entered to consolidation, where it first declined to support 2, which coincided with the support zone and then rebounded up. Price started to grow to the top part of the range, which coincided with support 1 with one more support zone, after which BTC made a correction movement to the 2nd support level. Then, the price some time traded near this level, and when it fell to the support zone, where it reached the trend line, the price started to grow. In a short time, the price reached 1st support level and broke it, thereby exiting from consolidation and then rose even higher than the support zone, but later it turned around and made a correction movement to the trend line. After this move, BTC made a strong impulse up, reaching a new ATH (109600 points). But recently price made a small correction movement, so I expect that BTCUSDT will make move up, possibly reach a new ATH, and then continue to fall to the trend line. For this case, I set my goal near this line - at 103K points. If you like my analytics you may support me with your like/comment ❤️
EURUSD → An attempt to change the trend could be successfulFX:EURUSD gets a chance for a bullish run. The currency pair breaks the prolonged downtrend and consolidates for a chance to continue the upward movement
The global trend is downtrend and at the moment it is too early to talk about a change of trend, as the price is under pressure from the strong resistance at 1.044. BUT! A pre-breakout base is forming around this area, so if the dollar continues its corrective course, EURUSD will have a chance to confirm the trend change. If the bulls are able to overcome 1.0448 and consolidate above this level, we will have a chance to rise to 1.06 and possibly higher....
Resistance levels: 1.0448, 1.0607
Support levels: 1.033, 1.0222
Technically, the focus is on the nearest trigger at 1.0448. A breakout and consolidation of the price above this zone may provide a convenient entry point to open long positions.
Regards R. Linda!
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!
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!
GOLD → A change in fundamental background. Strong resistanceFX:XAUUSD faces strong resistance at 2721 and enters correction phase, which also coincides with the change of fundamental background and economic data
Weakening geopolitical tensions in the Middle East have reduced demand for safe-haven assets such as gold, the US dollar and US bonds. In addition, expectations of stimulus measures from China improved market sentiment.
Despite this, the downward trend for gold may remain limited due to Trump's rather risky policies and expectations of two Fed interest rate cuts later this year. Overall, gold prices are likely to be volatile in the short term due to holiday market conditions and Trump's upcoming executive orders.
Technically, the price is inside a symmetrical triangle, which in turn is located inside an ascending channel. If the resistance is not broken, pressure will be applied to the support....
Resistance levels: 2713, 2717, 2721
Support levels: 2702, 2697, 2690
A retest of 2702 will increase the chances of support breakdown and further fall. It can happen after the resistance retest. I do not exclude a false breakdown of one of the mentioned resistance levels before a further fall.
Regards R. Linda!
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!
NZDUSD → The bearish trend may get its continuationFX:NZDUSD failed to realize the chance when the dollar went into correction. Buyers do not believe in the realization of the bullish scenario at the moment. The price continues to succumb to pressure
On the weekly timeframe the price approached the strong support level 0.5545 - 0.55. Accordingly, a reaction in the form of a small correction is possible. Small, because the dollar continues its bull run, and Trump's policy allows to keep this scenario in the medium term.
On H4, the price continues to test the support at 0.5588 and a local descending triangle is forming amid pressure from the bears. Possible retest of the channel resistance before further decline.
Resistance levels: 0.563, 0.567
Support levels: 0.5588, 0.5511
Technically, a breakdown and consolidation of the price below 0.5588 will provoke further sales against the background of the current local and global downtrend.
Regards R. Linda!
VeChain Breaks Free from Range; Ready to Soar!🔍 Analysis:
VeChain (VET) has finally escaped the consolidation range of $0.04 to $0.055, breaking out with a strong bullish candle. This signals the potential start of a powerful uptrend.
💡 Signal Details:
- Entry Point: $0.056
- Stop Loss: $0.038
- Take Profit: $0.110
- Risk to Reward Ratio: 3
- Potential Profit: 96%
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!
XLMUSDT → High readiness for a bull run to 0.6100BINANCE:XLMUSDT is ready to move into the realization phase after coming out of a strong accumulation. The market is struggling for a strong buying zone.
The coin, technically, is ending its correction. The price is gradually updating highs and breaking intermediate resistance levels, but the key factor is the exit from the medium-term consolidation and breaking the resistance of the descending channel formed on H4.
If the bulls hold the defense above the key support zone 0.46 - 0.452, we can expect growth in the medium term. In addition, the rising bitcoin and the approaching Trump inauguration can be good drivers for the cryptovalt market.
Resistance levels: 0.486
Support levels: 0.4605, 0.4522
Thus, the focus is on the consolidation of 0.486, 0.46.
A break of resistance will activate the rally. False break of support and consolidation above the level will also be a good signal that the bulls are quite aggressive.
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!
SOLANA → Will a false breakdown be the cause of the rally?BINANCE:SOLUSDT is testing a previously broken downtrend boundary as part of a correction. Bulls are employing aggressive methods to keep defenses above key support ahead of Trump's inauguration, keeping hopes high
On the weekly timeframe, the market is supported by SMA50 support indicating a strong uptrend. The focus is on two strong levels: 204.75 and 175. These are the boundaries of the current range. A breakdown of any of the boundaries will play a key role in further price movement. But I consider the realization of resistance as a priority.
On D1 yesterday a false break of strong support was formed in the form of previously broken downtrend resistance. This indicates that the market is still in a bullish plane and on the background of upcoming important news this could have a favorable impact for the coin.
Resistance Levels: 203-204
Support levels: 183, 175
If the price starts to retest the support at 175 and form a consolidation with a gradual downward compression, the risk of breaking the bullish pattern will increase.
But, based on fundamental data, I expect a consolidation above 183 and further growth
Regards R. Linda!
GBPUSD → False breakdown can cause growthGBPUSD is bumping into the support of the local descending channel after a rather strong fall. The fundamental background has changed a bit, which in general gives a chance to the forex market
On the weekly chart the price is testing the strong level of 1.211 against which a double bottom is formed on a global scale. But this does not indicate a change in the global trend, no, it is just a hint of a possible rebound, but we need to watch the price reaction to this area.
The PPI that was released yesterday slightly disappointed dollar buyers, which supported the forex market and we see a small correction.
CPI is ahead, which may also support the market
Resistance levels: 1.2217, 1.235, 1.2488
Support levels: 1.213
If the bulls keep the price above the nearest resistance at 1.2217, it will give the price a chance to strengthen to the nearest resistance or to the channel resistance.
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 → 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!