The Reserve Bank of Australia cut rates for the first time in four years this morning, matching consensus and market expectations. The 25bp reduction was accompanied by some rather hawkish remarks by Governor Michele Bullock, both in the statement and in the press conference. Bullock seemed to focus on pushing back against the dovish repricing in the AUD curve, reiterating that the focus remains firmly on inflation risk. That approach is in contrast with those of other developed central banks (including the neighbouring Reserve Bank of New Zealand, which should cut 50bp this week) which have shifted towards growth concerns. Markets are pricing just under two cuts in Australia by the end of 2025, while we have a slightly more dovish forecast with one cut per quarter (three in total). Bullock’s cautious tone on further easing has allowed AUD to counter the USD rebound this morning. That said, we doubt markets are ready to shift expectations to only one RBA cut this year, and AUD’s high exposure to the trade story and risk sentiment may quickly overcome any short-term benefits from the RBA’s tone today. We still think a return to 0.62 in AUD/USD is warranted by the end of March, with further downside risks in the second and third quarters when US protectionism may intensify.
break of the trendline followed by accumulation phase forming a triangle , would make a nice breakout trade especially if retraces for 1/2.5 or 1/3 risk/reward,looks great on the 1h chart as well
We see an ascending diagonal forming on a possible wave 5. This is possible a correction pattern with 50% retracement
https://www.tradingview.com/x/5YuK4OBw/ GBPUSD looks strongly bullish on a daily after a confirmed breakout of a key daily resistance. It opens a potential for a rise to 1.271 level. Be ready for more growth the comming days. ❤️Please, support my work with like, thank you!❤️
Gold is currently forming a symmetrical triangle pattern, indicating potential breakout opportunities. The price is near $2,915, trading between key support and resistance levels. Key Levels: ? Resistance Zone: $2,940 - $2,950 Price has rejected this level multiple times. A breakout above this area could trigger a bullish move. ? Support Trendline: $2,880 - $2,900 A key rising trendline providing support. A break below could lead to a bearish move. ? Major Support Zone: $2,861 - $2,865 If price reaches this level, buyers may step in. A confirmed break below could accelerate selling pressure. Potential Scenarios: ? Bearish Breakdown (Main Outlook): 1️⃣ Price consolidates within the triangle. 2️⃣ A break below the support trendline signals further downside. 3️⃣ Target: $2,861 - $2,865 support zone. 4️⃣ If this level breaks, expect a deeper drop. ? Bullish Breakout Alternative: If price breaks and holds above $2,940, expect bullish momentum. Next Target: $2,960 - $2,970. Trading Plan for Traders: ✅ Wait for a clear breakout before entering trades. ✅ Short below trendline support, targeting $2,861. ✅ Long above $2,940 with confirmation. ✅ Use stop-loss to manage risk effectively.
?#Mcx #NATGAS #NATURALGAS Sell Setup Currently Trading At 314 , Sell On Rise Till 343 For The Target 242.30
I’ve gone bullish on NASDAQ:MCHP once again, making this the third entry after being stopped out twice recently. Last Friday, I re-entered because the stock is in a strong, long-term bullish trend and currently holding at a key support level . Volume has also increased , showing renewed interest, and with the all-time high ( ATH ) not far off, there's strong potential for upside. This trade is structured with a 1:18 risk/reward ratio for an optimal setup. https://www.tradingview.com/x/GNW83sus/
Hello to all of you. This is my first chart post ever. So go easy on me ;-) I don't want anything from you. I have nothing to sell. I just love ADA. To me this charts indicates that ADA is forming a bullish divergence. If this is true we could be in for a nice ride. Personally I do as I have always done: I hodl my ADA and prepare to sell a bit every time price evolves positively. That gives me the opportunity to buy the many dips that occurs in every cycle. Remember: No one knows if markeds goes up or down. Nothing can be predicted. But sometimes patterns occur that "normally" leds to a positive outcome. Maybe this setup is one of them. Thanks to you if you made it this far. Best regards from public-service. https://www.tradingview.com/x/Za7X0g4Z/
? Welcome to TradeCityPro! Let's dive into today's Bitcoin and key crypto indices analysis. We'll review today's triggers for the New York session. ⏳ 1-Hour Timeframe Hourly Time Frame The triggers I provided yesterday remain unchanged and none have been activated yet. I've slightly modified the long trigger, but the short trigger remains the same as yesterday. Let's review these triggers. ? For short positions, the 95108 area is still excellent and a very strong zone. The candle from three hours ago reacted well to this area, so if it breaks, I personally will attempt to open a short position targeting the bottom of the Expanding Triangle or 92702. The market volume, as you see, is decreasing, which doesn't strongly signify trend strength. ? As you know, during the initial drop when the price approached the 95108 area, there was an upward volume, but currently, as the price is falling, the volume is decreasing, indicating a weakness in sellers' strength and potentially the trend. However, I will still open a position if 95108 breaks, and if the declining volume persists, I'll reduce the risk of the position and enter with less capital. ⚡️ For long positions, we have a new trigger at 96849, which reacted very well yesterday with a large engulfing candle that engulfed all of the previous day's candles, injecting significant momentum into the market. Therefore, open a very risky long position if 96849 breaks. ? Keep in mind, the main long position will be after the Expanding Triangle breaks, and one of the triggers 97816 or 98482, with the first being riskier and the second more secure. ? BTC.D Analysis BTC Dominance Analysis Let's move to the analysis of Bitcoin dominance. In yesterday's analysis, I mentioned that if dominance could stabilize above the 60.95 area, it could ascend and move higher. This has occurred, and in addition to breaking 60.95, the 61.10 area has also been breached, and currently, it seems dominance is pulling back to this area. ✨ As you can see, before this, the 60.48 area, which confirmed the dominance's downward trend, was also active, but it couldn't stabilize the price below this area, and with an engulfing candle, it moved back up, initiating this upward move. ? Currently, the next resistance for Bitcoin dominance is at 61.49, and we need to see if the price reaches this area and how it reacts. https://www.tradingview.com/x/4Q793199/ ? Total2 Analysis Total2 Analysis As you can see in the Total2, we have a very long-term range box from 1.16 to 1.28. ✅ Yesterday's triggers for Total2 were activated, and both 1.24 and 1.23 were broken, which, with the increase in Bitcoin dominance, means that altcoins have provided more profit in short positions compared to Bitcoin. ? Currently, the next trigger for Total2 is 1.19, and we need to see if it can break this support. For long positions, we don't have a specific trigger yet and must wait for the price to form a new structure to see which area it reacts to. Until then, the main short long trigger will remain at 1.28. https://www.tradingview.com/x/eFvk8L5W/ ? USDT.D Analysis USDT Dominance Analysis As observed in the Tether dominance chart, I mentioned yesterday that if the descending trendline is broken, we can expect an increase in Bitcoin Tether dominance up to a ceiling of 4.62, which has occurred. ? If the 4.62 area breaks, the next target will be the 4.75 area, a significant ceiling in Tether dominance. Conversely, if dominance is rejected from this area and moves downward, the 4.48 area will still be a suitable trigger for a downward trend in Bitcoin dominance, with the main support for Tether dominance at 4.40. https://www.tradingview.com/x/c0GY460C/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
From the current 4-hour trend, the support below is around 2875-80, and the short-term pressure above is around 2910-15, with the focus on the 2940 line. The overall rhythm of high-altitude low-multiple cycle participation remains unchanged by relying on this range. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. Gold operation strategy: 1. Go long when gold falls back to 2877-2885, and cover long positions when it falls back to 2868-70, stop loss 2862, target 2910-2915; continue to hold after breaking!