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USDCAD: One of the Most Geopolitical-Based Currency PairsHello Traders, The Trump presidency may bring three significant changes to the financial world: We might see an end to the Russia-Ukraine war. We might see more support for Israel against Iran. We might see increased tariffs on US imports. All three changes could affect the pair in both directions, making them a double-edged sword for USDCAD. Trump previously had good relations with Putin and is known for his anti-interventionism under his America First policy. Aid to Ukraine may decrease, which I am not in favor of, as Ukraine represents the frontline of democracy in the war against Putin. Abandoning Ukraine could encourage other dictators, like China, to attack other countries. Recently, Zelensky accepted the idea of temporarily giving up some territories to Russia if Russia allows NATO's presence in Ukraine, a negotiation he previously refused before Trump won the election. A peace agreement or long-term ceasefire between Putin and Ukraine may strengthen the USD, as the world would feel safer, attracting more capital to the growing US economy. However, the strength of the USD against the EUR, the 2nd most powerful currency in the forex market, could also attract more capital to Euro. The Abraham Accords were one of Trump's most successful initiatives. The proxy war between Israel and Iran escalated after the October 7 massacre, with Iran losing most of its proxies. Iran's missile capabilities have been tested and are now recognized as a weak, not-dangerous ability. Previously, Iran had three cards to play against Israel and the West: proxies, missiles, and nuclear capabilities. Now, it only has nuclear activities. Many are waiting for Israel to strike Iran's suspicious nuclear facilities. Such an attack could significantly impact the markets, particularly the CAD. There are two possible scenarios: if Iran does not retaliate due to its inability to do so, the USD would strengthen as more capital flows in. Conversely, if Iran manages to close the Strait of Hormuz for a few days, oil prices would rise significantly, prompting U.S. and Western intervention, leading to a prolonged conflict that would drive oil prices higher. Since Canada depends on oil and energy, any increase in prices would boost the CAD. Regarding tariffs, imposing them may weaken the CAD, but as Trudeau stated, Americans “are beginning to wake up to the reality that tariffs on everything from Canada would make life a lot more expensive.” Canada would retaliate, and if the eurozone follows suit, the U.S. economy could be negatively affected. As forex traders, we know how powerful and important the U.S. is, but we also recognize that other economies have their strengths, and the world is not solely defined by the U.S. For instance, an official in Ontario's government mentioned that they would restrict electricity exports to Michigan, New York, and Minnesota if President-elect Trump imposes sweeping tariffs on all Canadian products. So, consider all three factors if you plan to invest long-term in either currency. For the shorter term, we should also keep these developments in mind, as they could happen at any moment. Any night, Israeli bombers could fly over Syria and Iran to target Iran's nuclear facilities, which could lead to a substantial gain in CAD value. Right now, from a technical perspective: any retracement to the green box at 1.4190 could present an opportunity to increase the price of the pair. Conversely, a break below the channel and 1.41610 would signal a chance for more bearish moves. Sources for US Tariffs on Canada: apnews.com apnews.com
Long
by AliSignals
BTC 19 DEC 2024Here is the model chart for the BTC/USDT price movement on the 4-hour time frame. The chart displays: BTC/USDT Price: The blue line represents the price movement. Support Zone: The green area around $100,500 to $101,000 as the nearest support zone. Resistance Zone: The red area around $104,000 to $105,000 as the main resistance zone. Lower Support: The orange area around $97,500 to $98,000 as deeper support. Entry Position: The purple dashed line at $101,500 as a potential buy entry area. Take Profit: The red and green dashed lines indicating take profit targets at $104,000 and $106,000. The layering strategy can be implemented in the support zone while paying attention to price and volume confirmation. Make sure to maintain proper risk management! Aa Bandung Kasep
Long
by wisnuprima
BTC Dominance Chart - BITCOIN DOMINANCEBTC Dominance is the most important chart to follow to understand whether the crypto market is in an altcoin or Bitcoin season. "We had a great projection regarding the Bitcoin Dominance bearish shift around the 60% level, and it played out perfectly. I’ve linked that projection to this post for reference. Currently, Bitcoin Dominance is testing the weekly supply zone as a bearish retest. This aligns with the premium side of the Fibonacci, adding to my conviction that we’re likely to see a bearish reversal from here, forming a lower high. This lower high could potentially trigger another leg down in dominance, setting the stage for a strong altcoin season. I expect this shift to happen very soon.
CRYPTOCAP:BTC.DShort
by UA_CAPITAL
theta sell midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Short
by Golden_candle
19.12.24 SPX 5872 : Sector RotationRegarding the last 15 to 20 months, on monthly chart, you will find the comparison between the major sectors within the SPX: semiconductors, finance, retailer goods, information technology. What is interesting: sector information technology still rising, no cut, no descending, linear rsining, not hyperpolic, which is still a sign of exuberation. The largest companies in this sector: Oracle, Microsoft, nvidia, adobe, accenture, intel, cisco, salesforce, apple. So main question is: if information technology is our favorite for 2025, which of the companies are the relative strongest and at fair price/earning. Answer will be given in separate chart. And then we will well prepared downmove in SPX which i expect in jan/feb for 10-20%. Dan, 19th of September.
CBOE:SPX
by Flyerdan
1
AUDJPY - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of weakness, so potentially there is a higher probability to see price lower. Your success is determined solely by your ability to consistently follow the same principles.
Short
by Maks_Klimenko
Dow Jones Industrial Average (US30)Dow Jones Industrial Average (US30) – Bullish Reversal Opportunity This chart highlights a potential buying opportunity in the Dow Jones Industrial Average (DJIA) after a sharp correction. The recent dip into a key support zone could set the stage for a bullish reversal heading into 2025. Technical Analysis: Key Support Zone: The gray zone around 41,200–41,400 represents a strong demand area. Historically, this level has acted as a base for bullish recoveries. Oversold Conditions: The steep sell-off suggests that the market might be oversold, increasing the likelihood of a reversal. Weekly Pivot: The weekly pivot line serves as a near-term resistance, and a breakout above this level could signal bullish momentum. Bullish Scenario: A bounce from the support zone followed by a break above the weekly pivot would confirm the start of a new leg higher, targeting 44,000 and beyond. Fundamental Analysis: Economic Resilience: Despite recent corrections, the U.S. economy remains robust, with moderate inflation and stable growth supporting equity valuations. Federal Reserve Policy Outlook: Expectations of a pause or potential rate cuts in 2025 could reignite risk appetite, favoring indices like the DJIA. Seasonal Trends: Historically, Q1 tends to favor equities due to renewed optimism and capital inflows at the start of the year. Conclusion: Traders may consider entering long positions in the highlighted support zone, with stop-losses just below it to manage risk. A break above the weekly pivot could provide further confirmation of bullish momentum.
PEPPERSTONE:US30Long
by DreamsForx
#CHFJPY 4HCHFJPY 4-Hour Analysis The CHFJPY pair has formed a sell engulfing pattern on the 4-hour chart, indicating strong bearish sentiment and potential downside movement. This area highlights increased selling pressure, making it a favorable setup for bearish trades. Technical Outlook: Pattern: Sell Engulfing Area Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position after confirming bearish price action around the engulfing area, such as rejection candles or lower highs forming near the zone. Traders should use indicators like RSI to check for overbought conditions or MACD for bearish momentum confirmation. Implement proper risk management with stop-loss orders placed above the engulfing zone and profit targets at nearby support levels.
Short
by PIPSFIGHTER
2
Quantum Computing - Extremely undervaluedThis is the industry I’m most bullish on right now. Imagine buying Bitcoin when it was $500. How Does It Work? Unlike traditional computers that process information as 1s or 0s, quantum computers leverage superposition, allowing them to exist in multiple states simultaneously. This enables them to process many possibilities in parallel, making them exponentially faster than today’s fastest machines. Case in point: Google recently performed a calculation in 5 minutes that would take current supercomputers longer than the age of the universe—approximately 10 sextillion years (10,000,000,000,000,000,000,000,000). What Problems Does It Solve? Quantum computing will redefine problem-solving across industries. In finance, it will optimize portfolios and manage risk. In healthcare, it will accelerate drug discovery and medical breakthroughs. In materials science, it will help innovate stronger, lighter, and more sustainable materials. For AI, it will supercharge model training and optimization. It’s not just about solving today’s challenges; quantum will tackle problems we don’t even know exist yet. This is a paradigm shift in computation. Market Potential McKinsey estimates that quantum technology could unlock trillions of dollars in value within a decade. Similarly, BCG has identified over 100 use cases where quantum has a clear technological edge. The potential is mind-boggling, and no one can fully grasp the economic impact this will have. Is It Decades Away? Not at all. While today’s largest supercomputers can only simulate up to 50 qubits, quantum startups are already hitting 10 logical qubits. Within 2 years, this could reach 100 logical qubits, and within 5 years, thousands. Commercial applications are already here, accessible through AWS, Google, and Azure, with real-world use cases in medicine, defense, and finance. Expect an explosion of innovation when quantum computing surpasses 100-1000 logical qubits in just a few years. Closer Than You Think Two years ago, AI was mocked. Today, it’s reshaping industries and jobs. Quantum computing will do the same, but faster. Quantum and AI are symbiotic: quantum accelerates AI development, and AI compresses quantum R&D timelines. For instance, Rigetti recently used AI to optimize their quantum processors, cutting weeks off development time. The tech adoption curve is accelerating—and AI is making it even faster. Risks and Opportunities Quantum will render today’s encryption standards obsolete, meaning Bitcoin and other cryptographic systems will need to adapt. At the same time, quantum networks offer unparalleled security, as information physically cannot be intercepted without detection. The Investment Case The entire US quantum industry (IONQ, RGTI, QUBT, QBTS) has a combined market cap of under $10B. To compare, valueless memecoins in crypto exceed $110B. This is a technology that will revolutionize industries and unlock trillions in value—yet it’s trading for less than Dogecoin, Pepe, and Shiba Inu combined. Let that sink in. Massive Funding Influx China is outspending the US on quantum by 5x, but this gap is expected to narrow as quantum supremacy approaches. The Quantum Leadership Act of 2024 is set to inject $2.5B into US quantum development over the next five years. The "ChatGPT Moment" Is Coming Quantum computing’s breakout is imminent. Within 2-3 years, its value will become undeniable, triggering a rapid repricing of the industry. When Bitcoin was valued at SEED_TVCODER77_ETHBTCDATA:10B , it traded for $500. Imagine getting in at that stage. Quantum computing offers a similar ground-floor opportunity—but with the potential to reshape every facet of modern life. Get ready for the next big tech revolution. Thanks for reading Daveatt
NASDAQ:QUBTLong
by Daveatt
20
#AUDCAD 4HAUDCAD 4-Hour Analysis The AUDCAD pair is trading near a channel support level on the 4-hour chart, indicating a potential reversal or bounce from this zone. The channel support has historically acted as a strong area where buyers regain control, presenting an opportunity for bullish trades. Technical Outlook: Pattern: Channel Support Forecast: Bullish (Buy Opportunity) Entry Strategy: Consider entering a buy position near the channel support after confirming bullish price action, such as bullish engulfing candles or a double bottom formation. Traders should monitor indicators like RSI for oversold conditions or MACD for signs of bullish momentum. Apply appropriate risk management with stop-loss orders placed below the support line and profit targets set at resistance levels within the channel.
Long
by PIPSFIGHTER
#EURCHF 2HEURCHF 2-Hour Analysis The EURCHF pair has exhibited a bearish trend with a breakdown below the trendline support on the 2-hour chart. Additionally, the head and shoulders pattern reinforces the bearish outlook, indicating a potential continuation of downward momentum. This setup presents a strong sell opportunity. Technical Outlook: Pattern: Trendline Support Breakdown & Head and Shoulders Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position after confirming the breakdown and observing bearish price action signals, such as a retest of the broken trendline or the neckline of the head and shoulders pattern. Traders should watch for further confirmation with indicators like RSI indicating bearish divergence or MACD showing a bearish crossover. Implement effective risk management by setting stop-loss orders above the neckline or trendline and targeting key support zones below for potential take-profit levels.
Short
by PIPSFIGHTER
Powell Shocks the Crypto Market: Bitcoin Slides BackwardThe cryptocurrency market suffered a notable drop after Federal Reserve Chairman Jerome Powell stated that the Fed “cannot own Bitcoin or other cryptocurrencies.” These statements, made in the context of a financial stability conference, intensified the downward pressure in an environment already affected by recent monetary policy decisions. Bitcoin and Ethereum on the Decline Bitcoin, the leading cryptocurrency, lost more than 4% in the last 24 hours, falling below $25,000. Ethereum also experienced a similar decline, settling near $1,500. Both currencies face a challenging outlook amid regulatory uncertainty and risk aversion in global markets. The cryptocurrency is currently trading at the Sunday trading range on the 15th of this month, coinciding with the checkpoint (POC) at $101,711. For the time being, the value is holding and bullish pressure is once again picking up the market. Powell and the role of the Fed Powell stressed that while the Fed is interested in exploring the issuance of a central bank digital currency (CBDC), it does not see owning Bitcoin as consistent with its monetary policy or financial stability objectives. This comment reignited concerns about the future of cryptocurrencies in an environment where regulators are seeking greater control. Market Outlook Uncertainty over regulatory policies in the U.S., coupled with signs of a more restrictive Fed, continues to weigh on the cryptocurrency market. Investors are now closely watching any developments in digital asset legislation, as well as the impact of monetary policies on risk appetite. Meanwhile, cryptocurrencies face an uncertain path, marked by the tension between their growing adoption and the increasingly strict oversight of global regulators. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ACTIVTRADES:BTCUSDLong
by ActivTrades