XAU/USD: Downside Risks Amid Strong U.S. DataHello,
OANDA:XAUUSD is expected to face initial downside pressure, with the first key level to test being the 1-month pivot point (PP) at 2644.402. If the price establishes itself below this level, it may then target the 3-month low at 2536.855, followed by the 6-month low at 2353.13. Each confirmed breach of these levels could signal further downside potential.
Key Developments Recap:
Strong U.S. jobs data (NFP: 256K vs. 200K forecast) highlighted economic resilience and reduced expectations for Fed rate cuts.
Mixed signals from Trump on trade policy have added to market uncertainty.
Fed officials have broadly indicated a preference for gradual rate adjustments, maintaining a cautious stance on cuts.
The U.S. monetary policy remains robust, with solid job data reducing the likelihood of rate cuts. The current drivers include labor market strength, a hawkish Fed outlook, and rising yields.
Upcoming Key Releases:
U.S. CPI (Wednesday): A critical indicator for the Fed’s rate path, with consensus expecting 2.4% y/y. A stronger-than-expected CPI reading could reinforce gradual USD strength.
In the long term, there is potential for the price to test the 1-year pivot point (PP), depending on how these factors evolve.
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TradeWithTheTrend3344
Pivot Points
BTC capitulation and holdBTC finally had that downside wick I've been waiting for, and on the exact day I have been planning for. This downside wick and heavy lift and support afterwards should be the final flush out. Many professional traders were just washed out in the whip saw price action we have seen. I would be very surprised if this was not the monthly low here. My upside target is 138k for March 31st, but we will need to retake 105k with conviction.
We have 11 weeks, if you dont already have a position the risk and reward has been laid out. If we close below 85k I think the cycle is over. I remain bullish but I have derisked some alts into HIMS stock.
BTC - 1D Elliott Wave AnalysisGreetings, this is a short update of the daily timeframe for Bitcoin.
It seems as if the red Wave B of the red ABC correction is in and we might have started the red Wave C which would take us into the blue Wave 4 support area which sits between the 0.236 FIB at 90942.3 USD and the 0.618 FIB at 68475.9 USD.
Assuming the red Wave B is in we can now calculate first targets for the red Wave C which are the 1 to 1 FIB at 86777.1 USD, the 1.236 FIB at 83382.8 USD, the 1.38 FIB at 81377.2 USD and the 1.618 FIB at 78167.6 USD.
Noteworthy is that the 1.38 FIB at 81377.2 USD target for red Wave C is in confluence with the 0.382 FIB at 81595.9 USD of the blue Wave 4 support which is the optimal target for a Wave 4.
In case we go up more directly we'd assume that the blue Wave 4 has finished the 30th December at 91510.0 USD which we deem as less likely at the moment.
Thanks for reading.
NO FINANCIAL ADVICE.
AUD/USD Analysis, Key Points, and Trading PlanKey Points:
Strong Support/Resistance: .63000
1 Hour Breakthrough & Retest Point: .61800
Next Target: .60000
AU is overall bearish in a trading range of .63000-.60000
We can potentially see a retest to .61800 before seeing more bearish momentum.
I will keep you updated on new information given throughout the week.
USDJPY and US10Y Late last summer on Aug 5th when the Yen Carry trade unwound, the S&P 500 fell more than 5% intraday and VIX spiked to 60. This marked a localized bottom on the USDJPY daily chart with US10Y making 52 week lows the following month Sept. Since then, the US10Y has been on a relentless run to the 52-week high of 4.79%. This reminds us that under the surface there might be Yen carry trade in full swing. That means traders / investors are borrowing at low interest rate in JPY and then buying the US10Y to get the interest rate differential. This is also pushing the US Dollar index to recent ATH. There might be sharp reversals when the USDJPY carry trades unwind. Watch for key levels in US10Y and DXY. US10Y at 5% might be the turning point which will mark a failed breakout at Oct 2023 highs.
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
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Is FET About to Bounce or Break Down Completely?Yello, Paradisers! FETUSDT is at a make-or-break point right now. The recent retracement looks healthy, and the pair has taken out liquidity (inducement) from weaker hands. But can it hold this support zone and bounce?
💎If we start seeing bullish signs such as a bullish I-CHoCH (internal change of character) or reversal patterns like a W pattern or an inverse head and shoulders on the lower timeframes, the probability of a bullish move significantly increases.
💎However, be prepared for more retracement or panic selling. If that happens, the next strong support zone could trigger a bounce, but again—we need to see bullish confirmations on lower timeframes to consider entering long positions.
💎If the price breaks below the key support zone and closes candles underneath it, the entire bullish idea will be invalidated. In that case, it’s best to stay patient and wait for better price action to form before making any moves.
🎖Patience and discipline are the keys here, Paradisers. Always wait for the highest probability setups to reduce risk and increase your edge. Remember, it’s not about predicting the market—it’s about reacting to what the market gives you.
MyCryptoParadise
iFeel the success🌴
SPX: Exploring Buying Opportunities Amidst Bearish Trends 🚀 SPX: Exploring Buying Opportunities Amidst Bearish Trends 🚀
📊 Recent Performance:
The S&P 500 began 2025 with a 0.71% drop last week. Strong economic data has shifted expectations for Federal Reserve rate cuts to July, creating cautious sentiment across the markets.
📈 Key Technical Levels to Watch:
Support: Immediate support sits around 5800, a critical psychological and technical level for potential accumulation.
Next Support: If tested, 5750 could present attractive buying opportunities for long-term investors.
Resistance: A daily close above 5900 would suggest renewed momentum for bulls.
🔍 Potential Entry Zones:
Dynamic Neutral Zones: These areas signal market equilibrium and provide an excellent guide for strategic entries.
Extreme Negative Zones: Watch for pullbacks into oversold regions, which often align with value-based accumulation opportunities.
🌱 Bullish Reversal Signals:
A breakout above 5866, accompanied by strong buying interest, could signal a return to upward momentum.
Positive catalysts, such as earnings surprises or favorable economic releases, may support a recovery.
🧭 Strategy for Investors:
Focus on pullbacks near well-defined support zones to position for long-term growth.
Use dynamic support levels to guide disciplined entry points and avoid chasing trends.
📢 What’s Your Take on SPX’s Path Ahead?
📈 Bullish
🔄 Neutral
💬 Share your favorite tickers in the comments! Let’s analyze them together and uncover the best buying opportunities.
50:50 ON NQ When CE IS hit at 2104.5 *SMC*Smart Money Concepts are the opposite of retail trading. Theres not short term resistance or Support. Why? Market makers will smash through those arease causeing the retail traders to lose on boths sides. So you have to think lie a market maker. So my Synopsis
1. It reaches the 1 hour FVG Above between 1:-1:30.(20,900?) Then its gonna start to It starts run down, and fall below the the short term liquidity level at 20,6950.25. (Target 1 I'm Taking 40%) The make its way down into the fairly big 1HR FVG. Those of us holding the NAS ETF's want to see it hit that consequential encroachment and leave room so it will star moving up faster. If it hits CE, I'm taking 30%, maybe 35%. Thats A smart Money Concept Possibility.
2. However th eway the daily bias has been going south and theres equal lows just below 20, 315. And hopefuly if it does get that low, thats the end of the day. ANd the we have the rest o the week to come back.
SMC Inversion FVG AT 20945
SMC Drop below and takes out retail liquidity
CE is where we start to pay attention on the next dirction, If it hits CE. MY BREAK EVEN IS 20, 600
WAIT O EE WHAT 2-3 PM BRINGS US
CME_MINI:NQ1!
PEPPERSTONE:NAS100
FX:NAS100
IG:NASDAQ
Possible?
Good luck
ETH Under 3k: Gift or Curse? The Last Chance to Buy? Didn’t expect to see BINANCE:ETHUSDT back under 3k.
I’m taking some bids here and will place more below 2850 in case there’s a stronger flush this week.
There’s still a chance we see low 80ks on BTC, as I’ve been expecting, especially with the downtrend active on the 3-day chart.
I still believe this is an opportunity to build position plays, as mid to late Q1 could bring a move.
I’m accumulating patiently and expecting CRYPTOCAP:ETH to be above 6k by Q2.
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Bitcoin's Double Bottom Reversal1.Double Bottom Formation
Bitcoin has formed a double bottom pattern, signaling a potential bullish reversal.
The second bottom was created around $89,200, which acts as a strong support level.
2.Neckline Resistance at $91,200
The neckline of the double bottom pattern is at $91,200.
A daily close above $91,200 is crucial to confirm the breakout and initiate an upward move.
3.Bullish Scenario
If the price successfully breaks and closes above the neckline, a long position can be considered.
The breakout could lead to a potential price target of higher resistance zones, depending on momentum.
4.Risk Management:
If the price fails to sustain above $91,200, a retest of lower support ($89,200) could occur.
5. Key Levels to Watch
Support: $89,200
Resistance : $91,200 (neckline)
Bitcoin is showing signs of a bullish reversal from the double bottom pattern. Keep a close eye on the neckline breakout for confirmation before entering long positions.
Daily Market Review and Analysis for BTC: January 13, 2025BTC (2h)
The price scenario from my review of January 8, 2025 was implemented. As expected, the #BTC price after several days of manipulation in the sideways channel ($91,160 - $95,800) eventually removed the sellers' liquidity at $90,500 and approached the next liquidity pool at $88,722. Thus, the almost 5% drop in price was also worked out.
Now, regarding the further price movement:
– #Bitcoin will most likely strive for the level of $96,258. This is the nearest point of interest (POI).
– Further, if the price consolidates at this level, it is possible to move up to the middle of the 4-hour gap ($ 99,443) and then roll back down to remove liquidity at the level of $ 88,722. In other words, we are now entering the phase of another manipulation of the tops, the end result of which will be another fall in the price.
An alternative to the above is a continuation of the downward movement with a highly probable withdrawal of liquidity to the $85,000 mark.
An important point - despite the fact that globally we are in a bull market, we should not forget that the price is currently undergoing a correction. Thus, the fundamental level at the bottom in the middle of the weekly gap ($ 85,000) after breaking through the level of $ 88,722 should also not be ignored.
I will confirm that in order to reach the next historical maximum (ATH), Bitcoin will need to clear the sellers' liquidity pool levels at $ 88,722 and $ 85,000 in the medium term.
In particular, there is an even more gloomy scenario for Bitcoin based on candlestick analysis. I'll write about this in tomorrow's review.
Eyes on $GOATSEUS: Strong Bids Under 30cLooking for bids under 30c on $GOATSEUS.
End of the month or early February should fill those orders. If not, I’ll try to play the breakout or reclaim into 40c.
I’ve been extremely cautious with my entries lately, as things still seem weak on the altcoin side. However, with ETH close to 3k, SOL nearing 160, and BTC potentially bottoming closer to the mid-80ks, we could see MEXC:GOATUSDT drop below 30c.
I’ll cut if there’s a clear break below 20c.
GBPCHF - 13 Jan 2025 SetupGBPCHF Market structure are now in a bearish mode. Spotted suply area (Red Rectangle). its the extreme supply area that breaking down and negate the bullish market structure. and theres also support become resistance on that area.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
Cake 70% profitFrom the data provided, CAKE's price has shown significant volatility. Starting around 2.027 in January, it surged to 3, indicating a strong bullish trend 🚀. However, it later corrected to around 2.110, suggesting a potential support level 📉.
The signals in the chart hint at a possible buying opportunity at support levels, especially if the price holds above 2.110 🛑. If it drops below this level, it might indicate a continued downward trend 📊.
Given the high volatility, traders should exercise caution and use risk management tools like stop-loss orders 🛡️. Staying updated with market news and developments can also aid in making informed trading decisions 📰💡.
Btc fibonacci levels Btc is holding levels making higher lows and the 72ems 420ema are getting closer together ready to golden cross we have gotten a couple large candles but we need two or more to break sideways action break adove 96000 we need to hold 94178 level or btc will go back to 92743 and we will break the higher low trend looking like algorithms trading as the levels and getting cleaner following the fibs if we hold 94178 clean close above green candle on new candle buy safer to wait for 94738 as previously stated in other ideas take profits at levels if we don't get big candles be prepared to take profits
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Key Levels for the Week 01.2025(13-17 ∷Gold∷ .a🔳Key Levels Overview for the Week🔲 01.2025(13-17-∷)🐍Model.a
Dynamic Resistance🔀
2705
2695
Dynamic Supports🔀
2668
2664
Mid Pivot (🐻bull&bear🐂 zone ch trend)
2753
2690*
2626
range of supply and demand
2616
2672*
2627
Range Band 🐇
2735
2681
2627
Order of lines:
1. 🌸 Shocking Pink, 🍇 Dark Orchid
2. 🟢 Green, 🔴 Red, 🟡 Yellow
3. ⬜ White, ⬛ Black
4. ❤️ Falu Red, 🌿 Crusoe, 🔷 Smalt
5. 🌷 Pale Pink, 🍏 Granny Apple, 🌫️ Storm Grey
6. 💧 Neon Blue