GBPAUD OUTLOOKThe 12 month chart shows price reacting from a strong demand zone though the price is yet to contact the unmitigated supply at 2.4 price handle.
On the monthly chart, price has created a bearish order flow indicating seller pushed price to the identified 12-month demand zone at 1.44 price handle. The internal structure on the monthly charts shows price struggling to create new highs, indicating bears are still in control of this market.
On the weekly charts, the market structure shows a short term bullish correction within a larger bearish swing structure. We have several bearish change of characters indicating bears are still controlling this market. Presently, price has formed higher highs and is correcting targeting the unmitigated zone at 1.89. If price pushes further below 1.85, we will have confirmation of bearish market structure targeting the 1.71 price handle.
The Daily chart confirms bearish order flow, we will wait for bullish price correction thereafter place our sell limits targeting the unmitigated demand on the weekly chart.
Multiple Time Frame Analysis
Short trade
Pair USDCAD
Sellside
Mon 13th Jan 25
10.30 am
Tokyo Session PM
Entry 1.44198
Profit level 1.43200 (0.69%)
Stop level 1.44340 (0.10%)
RR 4.96
Reason: Observing price action since the 7th of January and reaching a pivotal supply level on the 30-minute TF seemed indicative of a Sellside trade.
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XAU/USD 15 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Analysis and intraday expectation remain the same as yesterday's analysis dated 14 January 2025.
Price Action Analysis:
Yesterday's Intraday expectation was not met with price failing to target weak internal high, printing a bearish iBOS. Internal structure has now aligned itself with swing structure.
This could potentially be an early indication that both Daily and H4 pullback phases are incomplete. It would also be useful to remember that Weekly TF remains in its bearish pullback phase.
Price subsequently printed a bullish CHoCH thereby confirming internal range and indication of bullish pullback phase initiation.
Intraday Expectation:
Price has yet to trade in to premium of internal 50% EQ or M15 supply zone. Expectation is for price to target weak internal low, priced at 2,656.880.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
HBAR Hedera BIG Triangle BREAKOUT? HBARUSD Looking to EXPLODE!As we comb through a handful of Cryptos this morning HBAR is another one one SeekingPips RADAR.
ℹ️ A simple triangle formation will inevitably lead to a BREAKOUT.
STATISTICS tells us that there is a HIGHER PROBABILITY of a brekout to the UPSIDE as price will favour the TREND DIRECTION prior to the CONSOLIDATION.
As 2025 has barely begun it's not a bad idea to position yourself from now.
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XAGUSD - Silver, waiting for the release of the CPI index!Silver is in a 4 -hour timeframe, between EMA200 and EMA50, moving in its upside channel. If you continue the decline, we can see the channel floor failure and a limited support. Silver stabilization above the resistance range will provide us with silver climbing route to the supply zone, where we can sell at a proper risk.
The U.S. employment report for December disrupted expectations regarding Federal Reserve policies, highlighting the Consumer Price Index (CPI) as a key market driver. Job creation surged by 256,000, significantly surpassing the forecast of 160,000, while the unemployment rate dropped to 4.1%.
This data triggered a sharp rise in Treasury yields, with the 10-year yield reaching 4.79%, the highest level since 2023. Higher yields increase the cost of holding non-yielding assets like silver, which could face headwinds if inflation accelerates. Markets now expect the Federal Reserve to hold off on rate cuts until at least June, a notable shift from earlier forecasts anticipating rate reductions in spring. A hotter-than-expected CPI report could further delay this timeline, strengthening the dollar and potentially putting pressure on silver prices.
Silver’s industrial role continues to support its prices, driven by robust global demand in industries like solar energy and electronics.The production of solar panels, a major consumer of silver, remains a key driver, while geopolitical and inflationary risks have boosted silver’s appeal as an inflation hedge.
Gold’s stability in a high-yield environment has indirectly supported silver as well. Amid stock market volatility, investors have turned to both precious metals. The S&P 500 has declined by 1% year-to-date. Additionally, concerns over tariffs and the fiscal policies proposed by President-elect Donald Trump have increased demand for safe-haven assets.
Meanwhile, speculation around Trump’s potential policies, including tariffs and spending programs, has heightened market uncertainty. Markets are grappling with whether these measures will stoke inflation or negatively impact growth, creating mixed conditions for silver.
Major global banks are revising their forecasts for Federal Reserve monetary policy. Bank of America has stated it no longer expects any rate cuts in 2025. The bank believes the Fed’s rate-cutting cycle has ended and sees the next move as more likely to be a rate hike.
Citi has also updated its projections, announcing that it no longer anticipates a Fed rate cut in January. The bank now forecasts a potential rate reduction in May.
Deutsche Bank has similarly noted that the Fed is unlikely to lower rates in the near term. The bank believes the Fed is currently in a wait-and-see mode, with future actions heavily dependent on incoming economic data.
Meanwhile, Goldman Sachs predicts the Fed will implement two 0.25% rate cuts in June and December, totaling 0.5% for the year. This marks a revision from its earlier forecast of a 0.75% reduction.
Finally, Morgan Stanley has indicated that the likelihood of a near-term rate cut has diminished. However, the bank still considers a rate cut in March plausible due to an improving inflation outlook.
USDJPY - Will the weakness of the yen stop?!The USDJPY pairing in the 4 -hour timeframe is between EMA200 and EMA50 and is moving in its mid -term uptrend. If corrected by publishing economic data this week, we can see the downward trend and then the restricted demand zone, and in that area with the right risk. The valid defeat of the specified resistance range will pave the way for the pair up to 160.
Tatsu Yamasaki, a former Japanese official, stated in an interview with Nikkei that collaboration between Trump and Tokyo could help normalize the dollar-yen exchange rate. He suggested that Trump should work with Tokyo to weaken the overly strong dollar. Such cooperation could strengthen economic relations between the two nations and bring greater stability to financial markets.
Meanwhile, robust U.S. labor market data for December has led many analysts to conclude that the Federal Reserve is unlikely to cut interest rates further at this time. Some even predict that the report could pave the way for the Fed to raise interest rates in 2025.
An economist at Bank of America wrote in a note, “Our baseline forecast is that the Federal Reserve will keep rates steady for an extended period. However, the risk of a rate hike is growing.” According to the economist, factors such as core inflation growth or rising inflation expectations could trigger a rate hike.Concerns also revolve around Trump’s policies, including tax cuts and tariffs, which may contribute to higher inflation.
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), remarked that the Federal Reserve might delay rate cuts due to stable labor markets and inflation nearing target levels. She also predicted that global economic growth will remain steady as inflation gradually declines in 2025.
Georgieva highlighted uncertainties surrounding trade policies under the new U.S. administration, emphasizing their potential impact on the global economy. Additionally, she expects global interest rates to remain relatively high for an extended period.
Kazuo Ueda, the Governor of the Bank of Japan, stated that interest rates will be raised if economic improvements and price growth continue. He noted that the final decision on this matter will be made next week. Ueda’s remarks contributed to strengthening the yen in financial markets.
Himino, Deputy Governor of the Bank of Japan, indicated that if economic projections materialize, monetary easing policies will be adjusted and interest rates increased. He stressed the need for continuous monitoring of U.S. economic policies under the new administration. Domestically, one of the critical issues remains the outlook for wage growth in the fiscal year 2025. Himino acknowledged various risks, both domestic and international, while noting that the U.S. economy is expected to remain strong.
Masato Kanda, a former currency official for Japan, continues to comment on the yen. Speaking in Tokyo, he emphasized that currency markets should move based on fundamental principles, and any sudden deviations from these fundamentals require correction.
Separately, Nippon Steel announced that it is the sole partner capable of fully preserving U.S. Steel, keeping its blast furnaces operational, and maintaining jobs in the industry. The company stated that its commitments have been shared in multiple meetings with various stakeholders, including employees.
Meanwhile, Lourenco Goncalves, CEO of Cleveland-Cliffs, has been accused of unfair biases, as he cannot match the scope and scale of Nippon Steel’s proposal. Nippon Steel emphasized its determination to take whatever measures are necessary to finalize the deal.
EURCAD: Trend-Following Short?! 🇪🇺🇨🇦
EURCAD may drop from a solid falling trend line on a daily.
After its test, the price formed a descending triangle pattern
on an hourly time frame.
A violation of its neckline is a strong intraday bearish confirmation.
Goal - 1.476
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ADAUSD What does SeekingPips think? ADA Key PRICE what about TIMAs you know my now SeekingPips often consider TIME more important than PRICE when analysing any TIME and PRICE chart.
🟢 There is no difference here with ADA.
ADAUSD is not really something that has really been on our radar but NOW THINGS MIGHT CHANGE.
⭐️TIME & PRICE have met in a crucial space and SeekingPips likes what he sees.⭐️
🟢 The next 9 hours are very important for the longer term PRICE on this.
🟢 Our key level is shared on this chart.
Currently favour the long side but we have no valid trigger to get involved.
🟢 SeekingPips will be watching this one closely this morning.
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GBPJPY: Early Morning Day Trade 🇬🇧🇯🇵
GBPJPY looks bearish after a test of a key daily horizontal resistance.
The price formed a tiny double top pattern on that on an hourly,
giving us a strong intraday selling signal.
We can anticipate a bearish continuation at least to 192.076 now.
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Gold's shakeout may not be overLast week in a video I expressed my concerns that the start-of-year gains were a bit suspect. So it is interest to see that a bearish engulfing day formed around a resistance cluster including a weekly VPOC and trendline from the record high.
Prices remain within a small symmetrical triangle on thew daily chart which could really break either way, but with such a strong bullish trend on the weekly, any retracement seems likely to be shallow. I also see gold hitting record highs this year.
For now, the leg lower from Friday's high appears to have formed in one way within the triangle, which implies at least one leg lower within it.
Bears could seek to fade into moves towards 2700 and target the HVN around 2646 or the lower trendline of the triangle.
Matt Simpson, Market Analyst at City Index and Forex.com
Is Tesla TSLA ready to resume HIGHER? TSLA Buy Opportunity?🟢Tesla has been real good to us in our long term portfolio.
🟢Yes we took some profit in 2024 Q4 last year but hey we trade and invest for a living so we have to pay ourself sometimes.
✅️ Our higher time frame next major level remails at $722.
Is TESLA creating a nice base for a new rally time will tell but current TIME and PRICE structure looks good.
The low at 373 remains a key price level if this base is to materialise.
WHILST 373 STAYS UNTOUCHED WE REMAIN ALERT FOR OUR BUY TRIGGER.
⭐️REMEMBER NO TRIGGER NO TRADE⭐️
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$4 XRP Just A Matter Of Time? XRPUSD Higher Time Frames Are Key!XRPUSDT Are you in?
$4 XRPUSD looks inevitable, the flag pole duplicated on the weekly chart gives a clear an in SeekingPips opinion an obvious next major upside target.
Don't be that guy or girls who in later years says I would have should have could have.
SeekingPips still says any price sub $5 will still be a bargain when we look back at todays prices in 5-10 years time.
This China A50 bounce could have legsThe China A50 futures market topped in October after a near 50% surge in just three weeks. Yet as price action since appears to have been corrective, I'm seeking evidence that its retracement has ended. And that is why Tuesday's bounce from the 200-day SMA has grabbed my attention.
MS