2824-2831 resistance become support There untested 2720 and 2690 but from current PA it still bullish trend to 2900-2930 So I will see minimum support only 2824-2830
Stock on explosive Level, today could reach 1.200 $
The last downside move for most altcoins was probably the last liquidity grab before we can see some major upward moves . note that i only buy spot and don't recommend futures leveraged trading because of high market volatility.
USNAS100 Technical Analysis The price may stabilize in the bullish zone after holding above 21,380 and breaking the pivot line at 21,635. Currently, a correction is expected before another push upward to break 21,760. A 1-hour candle closing above 21,760 will confirm a bullish trend towards 21,900. The bearish scenario will be triggered if the price stabilizes below 21,635 and 21,535. Key Levels Pivot Point: 21760 Resistance Levels: 21890, 22010, 22100 Support Levels: 21635, 21535, 21380
https://www.tradingview.com/x/Ki1vI68k/ Take a look at our analysis for SPX500. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 6,079.06. The above observations make me that the market will inevitably achieve 5,930.08 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Reasons for Buy Bias: 1️⃣ Support Zone Around 2854 - 2856 • Price has reached a key support level and is showing rejection wicks, indicating buyers may step in. 2️⃣ Oversold Pullback Potential • After a strong drop, price may need a retracement before deciding the next major move. 3️⃣ Bullish Wick Rejections on Lower Timeframes • If price holds above 2854, we could see a bounce toward 2862 - 2870.
New ATH is possible on 0.85 in April. Targets: TP1: 0.24 TP2: 0.30 -------------------- If breaks 0.30: TP1: 0.36 -------------------- If start forming on wide time frame CUP and Handle > NEW ATH>
OANDA:EURZAR is approaching a key demand zone. Previously, this area has acted as strong support, leading to bullish reversals. The current price action suggests buyers might step in again, potentially driving the price higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a rebound. If buyers regain control, the price could move toward the 19.39600 level. However, a break below this demand zone could invalidate the bullish outlook, potentially opening the door for further downside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
US President Donald Trump has once again shown his mastery of political bluffs. He pushed negotiations with Mexico and Canada to the brink of crisis, there were numerous reports of increased tariffs and tougher measures, but in the end, he canceled everything. Instead, only a few symbolic measures were announced at the border, many of which had been discussed before. Now it seems that this scenario will be repeated again in the next 30 days. That this was a bluff was predictable from the beginning, but it was a challenging experience for analysts and markets. If you didn’t have a moment of doubt during this process, you probably weren’t paying close enough attention. But that’s the Trump strategy: in the market you have to have a strong belief that you are on the right track. When everyone is panicking, you have to stay calm and watch the process from the outside. The trade war has caused significant volatility in financial markets, and it’s not easy to make a profit in this environment. One of the main challenges was the timing. Last week, Trump announced that Mexico and Canada could do nothing to prevent the tariffs. But just days later, the two countries made almost no concessions and no tariffs were imposed. The signs of a shift in direction were already clear. The most important sign was the comments of Kevin Hassett, the White House economic adviser, who indicated that the talks were changing direction. He shifted the focus of the discussion to the problem of drugs and fentanyl, a shift that indicated that the Trump administration was looking to declare a victory in the negotiations. When even CNBC analysts noticed the change, it was clear that the direction of the talks had changed. “It doesn’t seem like you believe that these tariffs are going to happen, or that they will last very long,” one of the network’s hosts told Hassett in an interview. How did the financial markets react? The currency market was one of the best indicators to understand developments. While the stock markets were volatile, the trends in Forex were more transparent and occurred without random disturbances. The focus of attention on financial markets today is the Bank of England’s monetary policy decision. The Bank of England is expected to cut interest rates by 25 basis points, starting the new year. The decision will not come as a surprise, as OIS market data shows that traders have priced in a cut with a probability of around 92%. The cut will take the Bank of England’s policy rate to 4.50%, while policymakers continue to gradually reduce interest rates. However, the most important part of the decision will be the central bank’s statement and tone. The results of the December vote showed that there is a division among BoE policymakers. Dhingra, Ramsden and Taylor had voted for a 25 basis point cut earlier in the same meeting. The Bank of England continues to insist that “a gradual approach to removing monetary policy constraints remains appropriate.” This will remain the watchword for monetary policy today, even if interest rate cuts are implemented. But economic uncertainties remain. The December inflation report showed that price pressures have eased, but the trend is not sustainable. Analysts have made a few key points: • The decline in inflation has been driven largely by falling service prices. • But a closer look suggests that the decline may be temporary. Rob Wood of Pantheon Economics explained that the ONS’s calculation method has led to a drop in airline prices on December 10. The drop came before the Christmas break, when prices would normally have been expected to rise. Overall, the disinflationary trend remains unsustainable. With core inflation still above 3%, the Bank of England remains committed to keeping price pressures in check. Future Forecast: • The Bank of England will cut interest rates today as expected, but will emphasize that future actions will depend on economic data. • Traders do not expect interest rate cuts in February and March, but have forecast the next cut for May 2025. • In total, interest rate cuts for 2025 are estimated at around 83 basis points. Since the Bank of England is unlikely to make any clear commitments on the future course of its policies, the impact of this decision on the value of the pound and government bonds (Gilts) is expected to be limited. The GBPUSD currency pair is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be bought within the specified demand zone.
https://www.tradingview.com/x/5hTPPhdg/ Here is our detailed technical review for EURJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 158.366. Considering the today's price action, probabilities will be high to see a movement to 161.846. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!