Hello traders, On January 21, 2025, Trump's First Day in Office: Logical and Technical Analysis Trump has finally been sworn in as the 47th President of the United States. Trump served as President from January 2017 to January 2021. During this period, the price of gold generally rose: - At the beginning of 2017, the price of gold was about $1,200 per ounce. -...
Hello traders, The data released by the U.S. Department of Labor shows that the unadjusted CPI in the U.S. rose by 2.9% year-on-year in December 2024, matching expectations, and up from 2.7% previously. The seasonally adjusted CPI increased by 0.4% month-on-month in December 2024, compared to an expected rise of 0.3% and a previous value of 0.3%. The seasonally...
Hello traders, GBPUSD is now facing a Textbook-style trading opportunities. It is facing a support level. Once it breaks, wait for a new chance to sell when price retest this level. Downside target: tp1 1.23398 tp2: 1.22596 GOOD LUCK! LESS IS MORE!
Hello traders, Last Friday, the insider alert: The updated market situation is as follows: on the 4-hour chart, the reversal signal that appeared during the last Friday's Asian session initiated a retracement wave that continued until the US session on Monday. Therefore, the long positions from last week have hit the new stop loss due to trailing stops, which...
Hello traders: Last Friday's Alert: On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend. Therefore, using support structure levels, the short-term retracement targets are: TP1: 71.80 TP2: 70.50 GOOD LUCK! LESS IS MORE!
Hello traders, This week is the New Year's week, defined as "the last quiet week," as the Non-Farm Payroll data release has been moved to the second Friday of January, so there won't be any significant data releases affecting the market this week. It's worth noting that after Yellen's speech, market attention has gradually shifted to the U.S. Treasury's debt...
Hello traders, The latest speech by Bank of Japan Governor Kazuo Ueda stated: ★ Even if the economy and prices improve, maintaining the current low interest rates could make monetary policy too loose. An overly loose monetary environment may force the Bank of Japan to significantly raise interest rates, which would be detrimental to long-term economic growth....
Hello traders, Everyone must be clear that there are multiple factors causing tight liquidity at the end of 2024 1. Special Timing Factors - US markets traditionally have lower liquidity during Christmas to New Year period - Financial institutions' year-end settlements and balance sheet adjustments - Traders' holiday breaks naturally lead to decreased trading...
Hello traders, This Thursday, Bitcoin's price experienced significant fluctuations, dropping from $102,000 to $97,000, a decline of $5,000 overnight. If we consider the high point from last weekend, the "tulip bloom," to the current "withered" state, it has fallen a total of $11,000 within a week. As a reminder, the second half of December is the period of...
Hello traders, GBPJPY is one of the pair that good for long-term buyers. On daily chart, it could drop down to test EMA soon. But this could be a great chance to open long to follow the long-term uptrend. I have marked out 3 targets on 4H chart for you. This only set when price hit daily EMA and send out reversal signal to open a new trade. GOOD LUCK! LESS IS MORE!
Hello traders, December highlights, the last heavyweight data week before Christmas, the Federal Reserve may cut interest rates! The Federal Reserve will announce its interest rate decision and economic projections this Thursday (03:00), followed by a press conference at 03:30 led by Chairman Powell. Currently, market consensus indicates a 97% probability...
Hello traders The fundamentals of crude oil have not changed much, but on the technical charts, the bottom consolidation pattern leading to a decent price movement is very frustrating. At the weekly level, the analysis of the bottom trend breaking through the red trend line is still considered limited. On the 4-hour chart, crude oil has fallen below the EMA and...
Hello traders, In the trading process, a tense market often presents a significant challenge. Such market conditions not only test our trading strategies but also continuously challenge our patience and psychological resilience. **The Importance of Trial and Error Costs** Everyone must understand that trial and error is an inevitable part of the investment...
Hello traders, OPEC+ has announced a delay in its planned production increase, with the Organization of the Petroleum Exporting Countries and its allies postponing these plans until April of the following year. Additionally, the timeline for the eventual cancellation of the voluntary production cut of 2.2 million barrels per day has been extended from 12 months...
Hello traders, Whether the European Central Bank (ECB) will cut interest rates by 50 basis points depends on several factors, including current economic data, inflation outlook, market expectations, and policymakers' concerns about economic growth and financial stability. 1. Market Expectations and Current Economic Background - According to LSEG Refinitiv...
Hello traders, The first trading week of December is full of uncertainties. These uncertainties arise from various factors. Firstly, market sentiment plays an important role in the market. Emotion-driven trading behavior can lead to irrational price increases or decreases, further amplifying market uncertainty. Secondly, collective behavior in the market is also...
Hello traders, Key Observations on Commodity Trading in the First Week of September ★★★★★ With the arrival of September, the commodities market is ushering in a critical period full of challenges and opportunities. ★★★★★ This week, as an important observation window ahead of the Federal Reserve's September interest rate meeting, there will be a number of key...
Hello traders, In the realm of commodity trading, market fluctuations often align with the influx of information. Nevertheless, as we near the end of the month, a distinct pattern emerges: news tends to quiet down and data liquidity diminishes. During this period, analogous to calm waters in the market, lies both a challenge and an opportunity. This juncture not...