USD/JPY Under Pressure: Yen Strengthens Amid Bearish MomentumThe USD/JPY pair exhibits a clear bearish inclination, driven by a combination of economic and market factors that are strengthening the Japanese Yen and weakening the US Dollar. Currently, the pair has dropped to approximately 155.60, recording a 0.44% loss for the day, with sellers evidently attempting to push the price further toward critical support levels between 154.90 and 153.15. The downward pressure is amplified by rising expectations of a rate hike by the Bank of Japan, further supported by recent positive data such as improvements in Japan’s core machinery orders, signaling a recovery in capital expenditure. Simultaneously, uncertainty surrounding the economic policies of the Trump administration contributes to a negative climate for the US Dollar, which is already under pressure from a recent slowdown in buying flows.
From a technical perspective, the pair has encountered significant resistance in the 156.55-156.60 region, a level that halted previous recovery attempts and now acts as a key barrier. For a meaningful trend reversal, a sustained breakout above this resistance, followed by consolidation above 157.00, would be necessary to pave the way toward recent highs at 158.00 or even 158.85. However, the likelihood of a downward breakout seems more tangible, considering that the support at 155.25 represents the last defense before a drop toward the psychological level of 155.00 and further toward 154.60 and 153.30.
The current market environment, characterized by reduced trading volumes due to Martin Luther King Jr. Day in the US, suggests caution for traders, as dynamics could quickly shift with the return of liquidity and the announcement of potential monetary or political decisions in both Japan and the US. The combination of positive economic data for Japan and expectations of higher rates positions the Yen in a place of strength, while the Dollar may continue to struggle without a clear positive catalyst. Holding below 155.00 would be a significant signal for bears, indicating an extended downward trajectory toward deeper support levels.
Signals
EURCAD - Potential Sell From Resistance ZoneEURCAD is testing a major resistance zone that has previously led to significant bearish reversals. The recent bullish momentum into this area increases the likelihood of seller interest.
If bearish confirmation emerges, such as rejection wicks, bearish engulfing candles, or increased selling volume, I anticipate a move toward 1.48608. However, a breakout above this resistance could signal further bullish continuation.
Traders should remain cautious and wait for clear signals of rejection before taking positions. Agree with this analysis? Let’s discuss further in the comments section!
CHFHUF At Key Support Zone, can it bounce to 437.900?FOREXCOM:CHFHUF is currently testing a major support area that has previously served as a strong base for bullish reversals. It could become a great potential buying opportunity if buyers confirm control.
I think an upward move toward 437.900 is very plausible. If the support fails to hold, however, further downside might happen.
Be sure to wait for clear confirmation of buyer strength before taking long positions.
AUDHUF Testing Key Demand Zone: Bullish Bounce Ahead?PEPPERSTONE:AUDHUF is currently trading within a significant demand zone, marked by historical price reactions and a concentration of buyer activity. This area has previously acted as a strong support level, suggesting the potential for a bullish reversal if buyers regain control.
The current price action indicates the market is testing this demand zone, and signs of bullish momentum, such as bullish candlestick patterns or a higher low formation, could confirm a potential upward move.
If the demand zone holds, I anticipate a move toward the 248.570 level, which is a logical target for short-term bullish momentum.
AUD_USD WILL FALL|SHORT|
✅AUD_USD will be retesting a resistance level of 0.6300 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Finding Balance: Managing GREED in TradingIs greed helping or hurting your trading? While closing trades too quickly for small profits isn't ideal, neither is holding positions too long hoping for bigger gains. Let's explore how to find the right balance between healthy ambition and destructive greed.
📍 Understanding Healthy vs. Unhealthy Greed
Some greed can be good - it drives us to achieve goals and maintain optimism. But when it becomes an obsession, problems start. Professional traders manage their emotions well, while beginners often struggle as early successes fuel excitement and a dangerous focus on profits at any cost.
📍 Warning Signs of Unhealthy Trading Behavior
When trading turns unhealthy, you might notice these patterns:
🔹 Ignoring proven rules because you trust your "gut feelings" more than sound strategy. Your confidence leads you to dismiss common sense in pursuit of profits.
🔹 Expecting every trade to be profitable . While optimism helps, believing you'll win just because you want money is dangerous thinking.
🔹 Living with constant stress. You can't step away from price charts, scrutinizing every move and experiencing emotional highs and lows with each trade.
🔹 Chasing profits while skipping analysis. You focus only on results without learning from each trade, leading to more frequent losses over time.
📍 Dangerous Trading Habits to Avoid
⚫️ Using maximum leverage, thinking bigger trades mean bigger profits. This often leads to heavy losses when markets move sharply against you.
⚫️ Moving stop-losses and take-profit levels mid-trade. Whether hoping to avoid losses or catch more gains, this usually results in worse outcomes and added stress.
⚫️ Following the Martingale strategy - doubling position sizes after losses or wins. This approach typically leads to losing your account quickly.
📍 Practical Steps to Control Greed
1. Start with real money, but small amounts. Demo accounts can create false confidence since there's no real risk.
2. Set clear, achievable goals. For day trading (H1-H4 timeframes), aim for about 20 pips per trade. Scalpers should be satisfied with just a few pips.
3. Create and follow a detailed trading plan. Example: Take half profits at your target, use trailing stops to protect remaining gains.
4. Practice smart risk management. Decide your maximum risk per trade and stick to it - don't adjust stops once set.
5. Keep learning and practicing. With better market understanding, you'll make fewer emotional decisions. A realistic monthly return might be 2% - treat anything above as a bonus.
6. Connect with other traders. Share experiences to manage stress and gain perspective on what's normal in professional trading.
7. Stay skeptical and analytical. When excitement runs high, slow down. Check multiple information sources and grow your trading size gradually while continuing to develop your skills.
📍 Conclusion
Successful trading is about steady progress, not quick riches. Growth should happen naturally alongside your developing trading skills, without sacrificing other aspects of your life.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
EURUSD at Key Resistance - Will it Drop to 1.03628?EURUSD is at a critical resistance zone that has consistently acted as a barrier for bullish momentum. This area aligns with prior supply levels and may attract seller interest.
If rejection patterns, such as bearish engulfing candles or long upper wicks, appear, I anticipate a move toward 1.03628. Conversely, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have anything to add or a different perspective, I’d love to hear from you in the comments!
ETHFI.X in downward trend: 10-day moving averageETHFI.X in downward trend: 10-day moving average crossed below 50-day moving average on December 26, 2024
The 10-day moving average for ETHFI.X crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 3 of 3 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Price Prediction Chart
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 6 of 9 cases where ETHFI.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 67%.
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ETHFI.X as a result. In 9 of 13 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 69%.
The Moving Average Convergence Divergence Histogram (MACD) for ETHFI.X turned negative on January 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 8 similar instances when the indicator turned negative. In 3 of the 8 cases the stock turned lower in the days that followed. This puts the odds of success at 38%.
ETHFI.X moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETHFI.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 62%.
ETHFI.X broke above its upper Bollinger Band on January 03, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for ETHFI.X entered a downward trend on December 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
EURCAD: Sell Setup at Key ResistanceEURCAD is approaching a key resistance area, marked by historical price reactions and strong selling pressure. If bearish confirmation emerges, such as strong upper wicks or bearish candlestick patterns, I expect the price to move toward 1.48645. A breakout above this resistance, however, would invalidate the bearish scenario.
Traders should remain cautious and use proper risk management when approaching this level.
GBPCHF at Key Support – Bullish Bounce ExpectedGBPCHF is approaching a key demand zone, marked by historical price reactions and strong buying pressure in the past. This area has consistently acted as a turning point, where buyers regained control, driving prices higher.
There is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower wicks signaling rejection).
I anticipate a bullish move toward the 1.11691 level, which represents a logical target within the current market structure.
USOIL Bearish Setup: Reversal from Supply ZoneUSOIL is at a significant supply zone, marked by historical price rejections and strong selling pressure in the past. This zone has previously acted as a turning point, where sellers regained control, driving prices lower.
The recent bullish rally has pushed the price into this critical resistance area. However, given the strength of this supply zone and the overextended bullish move, there is a high probability of a bearish reversal if price action confirms rejection (e.g., bearish engulfing candles or long upper wicks signaling selling pressure).
I anticipate a bearish move toward the 75.50 level, which represents a logical target for this setup.This setup aligns with the expectation of a potential correction within the broader market context.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
USDZAR - Potential Short from Key Resistance ZoneThe USDZAR pair is currently trading near a significant resistance zone around the 19.10300 level. Historically, this area has acted as a key turning point, where sellers have stepped in to push prices lower. The recent approach toward this resistance suggests a potential bearish scenario if price action confirms a rejection.
A clear rejection pattern, such as bearish engulfing candles, long upper wicks, or other signs of selling pressure, could indicate the start of a downward move. If this scenario unfolds, the price may head toward the 18.62617 target level, aligning with a potential corrective phase in the market.
This setup reflects the broader expectation of a pullback within the existing market structure. Traders should closely monitor price action at the resistance zone for confirmation signals before entering positions.
Feel free to share your thoughts or any additional insights!
CADCHF - Potential Sell From Key Resistance ZoneThe CADCHF pair is approaching a significant supply zone, marked by historical price rejections and strong resistance levels. The current market structure suggests the potential for a reversal at this level if sellers regain control.
I anticipate that if the price confirms a rejection from this supply zone, the market may move downward toward the 0.63128 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have any additional insights or agree with this analysis, feel free to share your thoughts!
XAUUSD - Gold Testing Resistance LevelGOLD is approaching a key resistance zone, which has historically acted as a strong supply area. This zone has previously seen significant price rejections, suggesting that sellers may step in again if the price reaches this level.
The current market structure shows a bullish move toward this resistance zone, but the momentum may begin to fade as it tests the upper boundaries. If the price confirms a rejection at this resistance zone with clear bearish signals, such as wicks or bearish engulfing candles, we could see a potential downward move.
I anticipate that, upon rejection, the price may head lower toward the $2669 level. This setup aligns with the idea of trend exhaustion near resistance, providing an opportunity for a short-term correction.
Let me know your thoughts or if you have any additional insights regarding this setup! Feel free to share in the comments!
EURCZK: Potential Sell Setup at ResistanceOANDA:EURCZK is at a key resistance zone that aligns with prior price rejections and key supply levels. This area has historically attracted strong selling interest, making it a critical point to watch.
If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 25.17333. Conversely, a break above this level could signal further upside and invalidate the bearish setup.
Traders should carefully evaluate price action at this zone before entering positions.
BITCOIN AT ATH IS SHOWING WHO IS THE KING OF THE JUNGLETechnical Analysis
Rising Wedge Pattern:
The chart displays a rising wedge pattern (bearish reversal structure). The price is likely at the breakdown point from the wedge.
Key support and resistance lines are marked, showing potential pullback zones.
Indicators:
RSI (Relative Strength Index): Shows overbought conditions as it hovers near 70. A pullback or consolidation may occur to relieve overbought pressures.
Stochastic Oscillator: The oscillator is in the overbought zone, signaling a potential short-term reversal or cooling-off period.
Money Flow Index (MFI): Indicates significant inflows of capital, but nearing overbought conditions, suggesting caution.
Price Levels:
Key support zones: $95,697, $91,721, and $88,671 (blue horizontal lines).
Key resistance zones: Wedge top (~$108,000) and further price targets above $112,000 and $120,000.
Trend Analysis:
The overall trend appears bullish in the medium term. A short-term retracement (to test lower support levels) is anticipated before further continuation upward.
The breakout target from the rising wedge suggests a potential correction to the $95,000–$96,000 range, followed by an upward move.
Trading Plan
Entry Strategy
Scenario A: Retracement to Support Zones
If Bitcoin pulls back to $95,000–$96,000, consider opening a long position, as this level aligns with historical support and a confluence of demand zones.
Scenario B: Bullish Continuation
If Bitcoin breaks above $112,000 with strong volume, open a long position targeting $120,000 and higher.
Stop-Loss Placement:
Place a stop-loss just below $94,500 for long positions to minimize risk, as a breach below this level could signal further bearish movement.
Take-Profit Levels:
Primary Target: $112,000 (previous high).
Secondary Target: $120,000 (psychological level and technical extension).
Risk Management:
Limit risk to 1–2% of your trading capital per trade.
Avoid over-leveraging as the rising wedge breakdown could result in increased volatility.
Monitoring the Trade:
Keep an eye on macro indicators (e.g., interest rate announcements, broader market sentiment).
Watch for divergence in RSI or Stochastic Oscillator, which could indicate trend exhaustion.
Bitcoin is at a critical juncture. A short-term correction is likely to test support levels before resuming its bullish trend. The outlined trading plan provides strategies for both pullback and breakout scenarios, ensuring disciplined risk management.
NASDAQ Major Lower Highs break-out just took place!Nasdaq (NDX) broke on Friday above the Lower Highs trend-line that started more than a month ago on the December 16 2024 High that initiated the recent correction. This has technically been a Bearish Leg within the +2 year Channel Up and every time such a structure broke above its Lower Highs trend-line, a strong rally followed.
At the same time, the 1D MACD just completed a Bullish Cross below the 0.0 neutral level and out of the 9 previous time this took place, it only failed to produce an immediate rally 2 times.
We technically see that the current Bullish Leg that started on the August 05 2024 Low, isn't over yet, so we still expect it to complete a +47% to +48% rise before a stronger correction. As a result, our Target is 25000.
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