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Fundamental Analysis

GOLD → U-turn and fall... Waiting for Powell (Fed)FX:XAUUSD is forming a reversal setup with a bias for the medium and long term. The fundamental background is changing in favor of the dollar at the expense of gold, as well as changing the targets... Trump is the new (old) president of the United States. What does that mean? Rising inflation, a rising dollar, stock market and bonds are possible, but not gold or currency markets. But because Trump's policies promise to be tough on China and Europe, gold may get additional support from investors, but not in the near term, perhaps not in the next year. What are the targets to gold going forward? 2400, 2300, 2200. 2K is not excluded. Now all eyes are on the Fed rate meeting later on Thursday. Will they cut 0.25% or keep the rate the same? The important aspect in that case is the regulator's comments and hints (slowing down the easing cycle is not ruled out). Waiting for Powell... Technically, gold is returning to the range, so the focus is on the internal levels and the key 0.5 fibo, from which the decline may resume Resistance levels: 2670, 2685, 2696 Support levels: 2652 (trigger), 2637, 2624 A correction after the spill is being formed. False breakdown and subsequent consolidation below the above resistance levels will be a signal for the continuation of the fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
17
PETS: An Ugly Chart with a Potential Comeback StoryPetMed Express, Inc. ( NASDAQ:PETS ) has faced a challenging couple of years, with the stock price declining from a high of approximately $50 to penny-stock territory under $5. The company has struggled with customer acquisition due to intense competition. While challenges persist, there appears to be potential for a rebound. On April 29th, Sandra Campos was named the new CEO. Sandra Campos is a Board Member, 3x CEO, 2x entrepreneur, and advisor in retail, CPG, and technology. Throughout her career as a consumer focused operator, she has built global lifestyle brands and has been instrumental in turnarounds, digital transformations, innovations, and international expansion (CNBC Profile). Additionally, the company has tried to maintain shareholder equity, while minimizing its use of debt. - Shares outstanding = 4.34% increase since 2021 - Debt = Issued $1.5 million in debt in 2024. No previous debt Some other positive factors to consider - Annual revenues are up from 2022 & 2023. Down compared to 2021. - Price/Book = 0.91 (Trading at less than book value), sector median is 2.59, which is a -65% difference) - Recent large insider buying At the time of posting this idea, the stock is up approximately 34% on the day, based on the recent positive earnings report, with a surprise earnings beat of 300%.
NASDAQ:PETSLong
by PeakInvestmentStrategies
$USINTR -Feds Cuts RatesECONOMICS:USINTR (November/2024) source: Federal Reserve -The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations. Policymakers reiterated their previous message that they will carefully assess incoming data, the evolving outlook, and the balance of risks when considering additional adjustments to borrowing costs. On the economic front, the Fed noted that recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the 2% objective but remains somewhat elevated. However, officials removed a reference they had “gained greater confidence” that inflation is moving toward the target.
ECONOMICS:USINTR
by Mr_J__fx
Nasdaq - This Is Just The Beginning!Nasdaq ( TVC:NDQ ) is preparing a major rally going into 2025: Click chart above to see the detailed analysis👆🏻 As mentioned in all of my previous analysis, the Nasdaq is rallying but despite the recent strong move, there is still a lot more room towards the upside. With the channel breakout happening over the past couple of months, it is quite likely that we will see a rally of +50% during 2025. Levels to watch: $26.000 Keep your long term vision, Philip (BasicTrading)
TVC:NDQLong
by basictradingtv
2
FED RATE DAY , XAUUSD ANALYSIS SEMS 8-11-24🚨Fed Expected to Lower Rates, But Inflation Puts Limits on Future Cuts📌 The Federal Reserve is projected to reduce the federal funds rate by 0.25% on Thursday, bringing it to a range of 4.5%-4.75%. However, bond market signals suggest that the pace of future rate cuts may be slower than initially expected. The yield on two-year Treasuries, a reliable indicator of Fed policy shifts, shows caution. This yield has historically anticipated Fed actions, such as rate hikes in 2021 and the easing measures started last September. 📝Gold Price Outlook Amid Fed Rate Cut📊 If the Fed opts for gradual rate cuts in the coming quarter, it could weaken the US dollar, which tends to boost gold as a non-yielding asset. A weaker dollar makes gold more attractive to investors. Investors expect gold to rise following the rate cut, as lower rates reduce the opportunity cost of holding gold. However, with the anticipated rate cuts already priced into gold's current price, the short-term impact may be limited. Expected Price range as per our panel analysis : 🔻Upper Range : $2730-$2760-$2790-$2820-$2850 🔺Lower Range: $2650-$2620-$2590-$2560-$2520 Range Breakout:$2620-2790 will Lead to Further Decline or Further Ascend. Despite this, analysts are optimistic that gold could reach $3,000 per ounce by year-end.( $2790 All time high on 31-10-24) 📌Gold and Interest Rates 📝💰 Gold generally moves inversely to interest rates—lower rates typically push gold prices higher by making non-yielding assets like gold more appealing. As the Fed is set to lower rates this week, many investors predict a rise in gold prices. But if these cuts are already priced in, the short-term impact could be minimal.
OANDA:XAUUSD
by sagaahhelite
GER30 forecast This is GER30 forecast I'm looking for sell opportunities, but the is possible buy opportunity. I'm look for this current 1d candlestick to close under the 19410.00 level. Then tomorrow's 1d candlestick to show bearish power/close bearish under the 19305.00 level. Then I will be looking for retest on the 19305.00 level for continuation of sell. If this doesn't happen, then I will be looking for buy opportunity above 19410.00 level. but the trade will be based on technicals, sentiment and fundamentals. Update will be given
FX:GER30
by SnowIQ
1
EURGBP long Thursday Nov 7, 2024A long on EURGBP based on interest rate differential between the Euro and the GBP. Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move markets is at a disadvantage to traders who factor fundamental data into their trading decisions. The fundamental data that have the most effect on exchange rates are interest rates, which affect the perceived value of currencies. While central bank rates are not volatile, the yields on government bonds, such as the U.S. 10-year treasury note, fluctuate on all time frames in global bond markets. Those yields reflect the expectation the market has as to where future central bank rates will go. Bond yields are often a leading indicator of interest rates and of exchange rates. In the forex market, the metric that applies to a currency pair is the interest rate differential, especially the delta, or change in the interest rate differential, on various time frames. This trade shows a case where movement of the interest rate differential, expressed in basis points, in the positive direction was a leading indicator of movement of the EURGBP currency pair in the same direction.
by Zee111666
GBP/USD climbs after Bank of England cut ratesThe British pound has rebounded on Thursday. In the North American session, GBP/USD is trading at 1.2983, up 0.81% on the day. A day earlier, the pound took a drubbing, sliding 1.2%. There was no surprise as the Bank of England lowered the key interest rate by 0.25% to 4.75%. The markets had priced in the move at close to 100% and the Monetary Policy Committee voted 8-1 in favor of the cut, with one member voting to hold rates at 5%. The BoE has now lowered rates twice since its easing cycle in August. BoE policymakers had signaled that a rate cut was coming, as September inflation dropped sharply to 1.7%, the first time in over three years that inflation dropped below the BoE’s target of 2%. The central bank is expected to lower rates gradually in modest increments of 25 basis points in the coming months, but last week’s UK budget could complicate things. The budget included tax hikes and increased spending, which is expected to boost inflation. That could mean a pause at the next BoE meeting in December and a slower pace of rate cuts next year. The Federal Reserve meets later today, in the shadow of the dramatic US election, in which Republican Donald Trump cruised to a surprisingly easy victory over Democrat Kamala Harris. The Fed is virtually certain to trim rates by 0.25% to 4.5%-4.75%. With inflation easing, the Fed is expected to continue its rate-cutting cycle into 2025. GBP/USD pushed above resistance at 1.2920 earlier and then tested resistance at 1.3007 There is support at 1.2793 and 1.2706
by OANDA
Bitcoin standard in progress..This idea is more of a message than an investment speculation. And a reset of my previous ideas with shitcoins reminding me of where I was. We need to learn from the past and put it behind us, looking to the future because our actions affect our future, not our past. Much has changed since my first experience with cryptocurrencies (early 18). Yes, it usually starts with cryptocurrencies, rarely bitcoin only. And when bitcoin only, few can resist the lure of shitcoiners, the potential profit. In short, I don't think a bitcoin maxis can grow without proof-of-work, without cutting through the jungle of scammers. But if the individual in question is a thoughtful creature and occasionally examines the arguments for/against, why yes/no, and is not lazy to verify the arguments in question, to read something, they will come to the inevitable conclusion, that's my opinion. My opinion is that we are very lucky that bitcoin was created, we have the hope of freedom, versus the inevitable inflationary, monetary and tax bullying, surveillance by the state. We are fortunate that it came into existence as it did - naturally, anonymously. That is unrepeatable in this day and age. That alone is a bulletproof foundation and a guarantee of my peaceful sleep. I could list dozens more. But I won't prolong it. Thanks for bitcoin , for the hope of a better future. Always and forever bullish , there is no ceiling. Dips are discounts, that's all. Volatility is a feature, not a flaw. Welcome volatility , learn to work with it. It's a game for the long term. Forget fiat profits, only increase the stack of bitcoins owned. Use HW wallets for your savings! Once the bull market hits, it's time to reward yourself, enjoy life, send some of that bitcoin back out into the world for some fine goods, services. Bitcoin is money that makes sense to save in. Simple. Satoshi thank you!
COINBASE:BTCUSDLong
by liborbtc
AUD/CAD Sell Strategy: Testing Resistance with Downside Targe Trade Setup: AUD/CAD is currently selling at 0.9266, targeting 0.8939. Key Resistance Level: The 0.9270 level acts as resistance, aligning with a significant Fibonacci retracement. Recent High & Low: High: Recent high around 0.9380. Low: Current low near 0.9102. Technical Signals: Resistance at 0.9270 marks a potential reversal zone, reflecting selling pressure. Bearish momentum is expected toward 0.8939, which is contingent on sustained downward movement. Market Context: Recent highs and lows frame a broad trading range, with Fibonacci levels adding technical validity to sell-side positions near resistance​
Short
by MahabubAabir
The Case for MinersBTC is now entering its final form. As I see it, the period beginning now and progressing over the coming months is likely to be the most rapid and vicious ascent of this entire market cycle beginning from the post-FTX lows. This cycle shall also culminate in Bitcoin's long-awaited rise to its greatest potential: accumulation on a global sovereign scale. Thus, the time to pay attention and allocate to BTC beta, especially miners, has reached its apex. I'm a bit late to this post as I have already positioned in several miners, namely CLSK and WULF, but plan to finish accumulating shares and long calls rapidly. The best entries tend to be on daily closes above previous monthly or quarterly highs, especially when the previous monthly candle was a doji or hammer, indicating accumulation and downtrend exhaustion. This is precisely what we just saw with the candle of the month of September 2024, and I entered on the first daily close above its $10.47 high. This post is generally for made for posterity and on the eve of a possible daily close confirming a textbook H&S bottom. While the measured move of this patter coincides with the yearly POC around ~$16-17, and it may well see some trouble accepting there, I plan to hold the majority of my longs into the 1st fib extension at $35, and, depending on conditions, will leave some to run to the 2nd extension around $52. RSI indicates that we haven't even entered the bull market phase of this run. Have fun and good luck to all - exciting times lie ahead!
NASDAQ:CLSKLong
by CalmCapital