American Airlines | AAL | Long at $14.00Similar to my cruise line picks, I anticipate airlines to quite literally "take off" in the coming years as interest rates are lowered and people travel more. These two industries never quite recovered from the pandemic, but their time to do so is "likely" fast approaching.
American Airlines NASDAQ:AAL has been consolidating near my selected long-term simple moving average (SMA) for several years. Many retail investors have been beaten up by the sudden up and (especially) down price movements, but this is where larger investors gather their shares. The fact NASDAQ:AAL did not make a new low in August 2024 is a hopeful sign from a technical analysis perspective. While the price may dip to close out the new lower price gaps, I think we are nearing the "take off" zone which will be a massive break through the long-term SMA. A confirmation that something bigger is brewing would be a price move into the $15s, dip down to the $12s, and the larger move up. Regardless of trying to predict bottoms, NASDAQ:AAL is in a personal buy zone at $14.00.
Target #1 = $15.25
Target #2 = $16.55
Target #3 = $18.40
Target #4 = $27.00 (very long-term outlook...)
Trend Lines
Can the HOUSE CAPITALIZE LONG & target MKL $80.00 Per Barrel?NYMEX:CL1!
" A life is not important except in the impact it has on other lives." -Jackie Robinson
As we head into the 2nd trading week of the New Year, I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So, let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...
'Crude OIL':
Confluence Profile 500K (Expectational Order-Flow + PA) 10pt STOP / 50-60pt Target
Key info: On average Crude Oil runs for 120pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 120 in Half = 60pts as our new GOAL to catch for the DAY (Intra Day)
Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand? Currently Buyers have the stronger hand on both the Daily & 4Hr TF's. Since the New Year kicked off Oil has been rallying to the upside breaking Supply and Demand HOLDING with strong conviction. So now we know that HTF/LTF Pro Trend is LONG and HTF/LTF Counter Trend is SHORT.
With Oil Currently trading inside of the HTF Daily Supply Zone I am going to wait for more data to develop in the PA before I start to build the Confluence Profile 500K (Expectational Order-Flow + PA). Once we get our Confluence Profile to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....
Keynote: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profitable!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
CADCHF Elliott Wave AnalysisHello friends
In the CADCHF currency pair, we expect the price to grow, but why?
In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C.
In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal.
Therefore, I expect the formation of wave 5.
I also consider the stop loss at 0.62100.
If our theory is correct, we expect the price to grow to the level of 100% and then 161.8% Fibonacci.
To support me, I recommend installing the Trading View application on your phone and see my analyses and support me with your comments and Boost. Be successful and profitable.
HelenP. I Gold will touch trend line and then start to declineHi folks today I'm prepared for you Gold analytics. In this chart, we can see how the price reached the resistance level, which coincided with the resistance zone, broke it, and rose to the trend line. Then Gold started to decline inside the wedge and soon broke the 2690 level, after which dropped until to the support level and even lower the support zone to 2584 points (support line of wedge) and then turned around. Some time, the price trades below the support level and tries to break it, but it does this on the third try. Then Gold rose a little and made a correction to the support level, after which rebounded and started to grow to the resistance level. When XAU reached this level, it broke it and touched the trend line, after which made a correction movement, breaking the resistance level one more time. Then it turned around and rose to the resistance level one more time and touched the trend line again, after which started to decline. In my mind, XAUUSD will reach the trend line one more time and then continue to decline in the wedge. For this case, I set my goal at 2660 points. If you like my analytics you may support me with your like/comment ❤️
SLPIt has reacted well by reaching the curve and support at 0.003.
It is likely to have a small correction in the 4-hour timeframe, then it can be bought with a stop loss of 0.0029.
Several resistances are on the way, but the final target could be $0.12.
Don't forget to boost, comment and follow.
Ali Rezaei
NEARUSDT Long Spot Position / Follow for the UpdatesBINANCE:NEARUSDT
COINBASE:NEARUSD
📊 Position: LONG
The bullish scenario remains active as long as the price consolidates above the yellow zone (triangle). Any long shadow below this zone is considered an opportunity to buy the dip until the price starts to rise.
🟡 Leverage: 1x
📍 Entry: Near $4.70 - 4.80$
🎯 Targets:
TP1: $5.75
TP2: $7.35
TP3: $9.25
TP3: $11.75
🔴 Stop Loss: $3.342 (-14.89%)
USNAS100 /Market Awaits Inflation Data and Bank EarningsFutures Steady Amid Caution Ahead of Bank Earnings and Key Inflation Data
USNAS100 Technical Analysis
The USNAS100 is expected to experience heightened volatility as traders anticipate the upcoming bank earnings reports and the release of key inflation data. The CPI is forecasted at 2.9%, up from the previous 2.7%.
If the CPI exceeds 2.9%, bearish pressure is likely, with the index potentially dropping to 20670 and 20550.
Conversely, if the CPI is below 2.7% or 2.8%, bullish momentum could push the price up to 21215.
Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 20150, 20220
Support Levels: 20780, 20670, 20550
Trend Outlook
Bearish while trading below 20990.
MY: CloudPoint Analysis 31.12.24Technical Analysis shows in uptrend inside parallel channel. Looking upside with TP 1.00 with Entry at 0.93.
Disclaimer: Not a Buy / Sell. Please do due diligence before entering any trades. Investing in high-risk instrument can incur partial or full loss. Traders' discretion involves subjective decision-making and carries inherent risks, and past performance is not indicative of future results; always conduct your own research and seek professional advice before making any trading decisions.
GBPUSD is in the Buying Direction after Testing SupportHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURGBP Potential correctionThe EURGBP market recently tested the November high, creating a false breakout on the 4-hour timeframe after sweeping liquidity above the 0.84500 level. Following five consecutive bullish days, a retracement may be on the horizon. Despite the price continuing to register higher highs, a bearish divergence has emerged, signaling a potential loss of upward momentum.
With the market now testing the monthly high alongside this bearish divergence, a downward move from the resistance level and channel border appears likely. The key focus is on the support zone around 0.83710
SHIBUSDT potential move to the Up SideThe SHIBUSDT market has moved lower, forming an ABCD pullback. A false breakout occurred below the lows of the last three weeks, resulting in a long-tailed bar on the weekly timeframe. The market has adhered to the downward trendline and recently rebounded from it. With the price now climbing back above the previous weekly lows (PWLs), there is a potential for it to retest that level once more.
From a broader perspective, the strongest support level is near 0.000019, and the price may gravitate toward this area again. In the midterm, however, the market is anticipated to at least retest the lower high (LH) and possibly reach the zone above it. The key focus remains on the resistance zone around 0.000023
Gold is Ready for Bullish move once againGold H1 Analysis
According to the Fibonacci level the market will go up from this red zone or from 2648-2640 area.
This is the major level according to the fibonacci that market is testing.
If a H1 or H4 Bullish engulfing candle formed from this red zone it will be a sign for the bullish.
The market was searching for the retracement or correction that has already done today.
Today we have seen selling of almost 30$ without any news or Fundamentals.So this was needed.
The targets are 2678 , 2791 and ultimately 2717
USD/JPY Possible bullish movement 1H AnalysisHi guys, we had some good news about the JPY , which made the USD /JPY correct it's price and upward steady movement. Today we have a few very big companies showcasing their earnings, and of course have quite a few important Fundamental events ahead of us, so this is why I am following on the re-stability of the USD/JPY pair.
Entry: 156.825
Target: 157.825
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
CARDANO ADA Retesting SeekingPips' KEY PRICE LEVEL🟢Identifying key PRICE LEVELS is key to finding great trading OPPORTUNITIES however SeekingPips' OPINION is that PRICE ALWAYS comes SECOND TO TIME.
ℹ️ If there is REALLY A SECRET SAUCE to trading that is it.
🟢 SeekingPips says "TIME then PRICE" ALWAYS.👌
🌍 FOLLOW NOW TO SEE OUR LATEST IDEAS🌎
Market Analisys: S&P 500SP:SPX
In recent months, the S&P 500 has experienced notable fluctuations:
1. All-Time High : The index reached a record high of 6,099.97 points on December 6, 2024.
2. Correction : It then faced a correction, dropping to a low of 5,805.65 points by January 8, 2025.
3. Current Performance : As of January 14, 2025, the index closed at 5,842.91 points, reflecting a slight 0.11% increase compared to the previous day.
4. Technical Outlook : Analysts highlight potential weakness, with the next support level identified at 5,771.5 points.
In summary, the SP:SPX has exhibited volatility, peaking in December 2024 and entering a correction phase in early 2025.
Let's analyze in detail the various phases that have led us to this point – starting from October 27, 2023, the last moment with a significant downturn.
Since then, we’ve seen an increase of about 50%, with a maximum drawdown of 10%. This represents a more than positive performance. Prior to this, we experienced a brief decline lasting around 90 days, with a drop of approximately 11%.
Subsequent rallies have generally been strong, although they have been shorter and more contained. In total, we’ve experienced 5 rallies and 5 pullbacks. Currently, we are in a downtrend.
As mentioned earlier, except for the first rally, the most significant one, recent bull runs have been consistently interrupted by unwelcome news, data that does not meet investor expectations, and announcements from the FED and ECB indicating that interest rate cuts will be smaller than anticipated. All of this has brought us to the current situation.
We are now facing a maximum decline of about 5-6%, with a bounce on the trendline that has been guiding us since October 2023. This is all happening as inflation data is released today. The market seems to have entered a phase where it seeks further confirmations from the economy, and the technical chart is showing exactly that. Additionally, we have several other key economic data releases scheduled for this week.
What do you think the market’s next move will be?
Where & How to Draw Strong Support and Resistance Lines & Zones
In this article, I will teach you how to draw support and resistance.
We will discuss support and resistance lines, levels, zones.
You will learn where and how to find it properly with simply technical analysis technique that works on forex, gold or any other financial market.
First, let me note that the most reliable time frame for support and resistance analysis is the daily . The structures that you will find there will be appropriate for day trading, scalping and swing trading.
Once you open a daily time frame, you should choose a correct perspective . Because this t.f lets you see the price action even for the past couple of years.
You need to see the market movement for the last 2 months . It is more than enough to identify the recent key levels.
Above is AUDUSD on a daily. We see the price history for 2 months.
In order to identify significant supports and resistances, simply find the levels - the highs and lows that the market respected in the past and from where important movements started.
These are all such highs and lows that meet the criteria.
When I do the support/resistance analysis, I prefer to perceive it as clusters - the zones , taking into consideration the candle closes as well.
A support zone will be based on the level of the critical low and the lowest closest candle close.
A resistance zone will be based on the level of the high and
the highest closest candle close.
Following such a rule, here are the zones that I identified.
All the clusters that are identified will be applied as trading zones.
Within the supports, we look for buying opportunities.
While the resistances will be used for selling .
Depending on your trading style, and you choose a proper signal before you execute the trade.
Execute support and resistance analysis with care and attention, because it is the absolute basis of any technical analysis strategy.
With incorrect key levels identification, even the best trading strategy will fail .
I hope that the method that I showed you will help you in your trading journey.
❤️Please, support my work with like, thank you!❤️
BTC to $130k by MarchWith these macro trend lines present as support or resistance its anyone's guess whether we see new ATH headed towards $130k+ or a break down from this support for a longer consolidation/re-accumulation phase likely retesting old highs with wicks as low as $68-70k
Fundamentally, im bullish on BTC
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.
The market's energy is fueling a new wave of growth!Yesterday was a significant moment for the crypto market. 🌐 We received clear confirmation of the emergence of a new wave of growth. The upward flow of energy confirmed the intention of buyers, and the result of the day consolidated the volumes and showed the readiness to move to new heights. 📈
🎯 Key levels of support and resumption of growth:
- 3525 is the level where a local suspension of movement is possible to accumulate energy.
- 3443 is a zone that can become a key support and a starting point for the resumption of upward movement.
🔍 Chart analysis:
On the daily timeframe, we can see how the price is organically forming a base for continued growth. Yesterday brought progress with a clear buyer's volume, which supports the upward trend. The energy flow is now focused on forming new support points for further upward movement. 🔥
⚡️ What to expect next?
A new wave of growth is already gaining strength, and the buyer is showing stability in intentions. Keep an eye on the situation and the price reaction at key levels. Be prepared for further opportunities that the market opens up! 🌟