ECONOMICS:JPIRYY (December/2024) source: Ministry of Internal Affairs & Communications - The annual inflation rate in Japan jumped to 3.6% in December 2024 from 2.9% in November, marking the highest reading since January 2023 as food prices rose the most in a year. Meanwhile, the core inflation rate climbed to a 16-month peak of 3%, in line with estimates.
Unless we see a significant rally into Friday’s close, the US Dollar Index (DXY) weekly chart suggests the cycle high may already be in. The current three-candle pattern resembles a textbook evening star, often seen at turning points. An opposite morning star signal in early December proved accurate, as did the evening star in late June last year. This latest signal is notable, especially as it coincides with a break in the uptrend that followed Trump’s election win. Adding to the bearish case, the RSI (14) uptrend from September has been broken, and while not yet confirmed by MACD, it too appears to be in the early stage of rolling over. Traders should watch for a potential break of support at 107.75, a level DXY has bounced off in three of the past four weeks. If that level gives way, downside targets include 106.736 and 105.44. Although not technical, it’s worth noting the market has trimmed expectations for Fed easing this year, dropping from six cuts to fewer than two since September. This shift leaves the dollar vulnerable given how much bullish sentiment towards the US economy is already priced in.
This analysis applies cyclical analysis techniques to the Bitcoin price action on the 4-hour (H4) timeframe. Cyclical analysis aims to identify potential reversal zones based on recurring price patterns, rather than predicting specific price levels.
I logged in to see the coverage of lines I drew awhile ago. Looks like the price of jasmy is close to one of those lines. I wonder if the price will rebound. Not much else to say. My inclination to believe the price of jasmy would sustain itself was not aligned well with the amount of seduction people found from selling. typical scenarios of investment. I am really trying hard to find an investment that does not lose like this but I remain confident in Jasmy.
hello there we are in support zone right now its an opportinity for Long positons if you got candle sticks confirmataions I saw reversal pinbar in support zone I go LONG with Logical Money managemnet and risk managements consider that this is not finantial advise its my analysis about this chart also I will edit this post as soon as price reach TP / SL / Deavtive #TradeWithmky @TradeWithMky
NASDAQ:TTD is forming head and shoulders pattern. If it breaks below the neckline area it could drop to $109 to $106 area. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
İn August 2024 FTM decided to transform Sonic with some increase in speed etc. Finally with the 2025 beginning, we can see Sonic (S) in coin markets, but with bad performance. After the last H of FTM-nearly 1.41 Dollar ,it was continiously decreased. And now 0.63 . Maybe this losing will go on till 0.50-0.55 levels. But after then new S -Sonic. need to go up to first resistance 1.4 Dollar first, then old ATH 3.4xx Dollar which İt has done in 2021-2022 years. As a Project FTM-To-Sonic has its echo system environment, and a strong base. At the end Sonic (S) will reach the value İt deserved. But we hope not will be so long.It will be fast.
I'm very interested in investing in Taseko Mines, as I believe it's poised for a significant upward move. From a technical perspective, I strongly feel we’re on the verge of a healthy retest before marching higher. On the fundamental side, I’ve been closely monitoring their financials, and they appear quite promising. I’d love to hear your thoughts on this.
Well pretty simple idea , I just had to share because seems like everyone is short and negative , not just a little. And coming at you from the 51st here , wouldn't it be nice ~ song goes off lol This is not a trading idea , its just a possibility, but look how net short COT data is right now and imagine if the opposite of expected happens . Currently large and small traders are more net short than they have been since I've been around ... well actually this only shows to 1988 I'm the year before , so let me rephrase ...." since I was 1 years old the the Canadian dollar has not been this shorted by a long shot ". This will be fun to watch and see if we get the unexpected....because we certainly have the catalyst for a kick ass bullish reversal , OH Canada ! What you would do if CAD was par again with USD ?
Is this the beginning of a significant leg down for TC Energy? From a technical perspective, I strongly believe this area marks a distribution phase, potentially leading to further downside. The monthly engulfing candle, combined with a head and shoulders pattern visible on the daily and weekly timeframes, supports this view. Personally, I’m swing shorting with TP1 set at the mid-support level and TP2 at the bottom of the channel, where I plan to look for buying opportunities again. Let me know your thoughts!