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Focus Shifts to Greenback and the 10-year TreasuryThe Federal Reserve triggered violent drops in stocks yesterday and two key charts could be attempting important breakouts. We first consider the U.S. Dollar Index with weekly candles. There’s a falling trendline along the peaks of October 2023 and late April. DXY rallied through that resistance and turned it into support earlier this month. That may be consistent with an uptrend. Second, DXY has advanced in 11 of the last 12 weeks. That could also suggest direction is accelerating higher. Third, some traders may now eye the October 2022 high around 114 as the next key level. Next is the 10-year Treasury Yield with 3-day candles (to clearly display almost 2 years of history): A falling channel began in late 2023 at the same time stocks began their latest rally, but TNX didn’t reach the lower end of the channel. That was the first sign that yields might still be rising. TNX also failed to reach its March 2023 low and refused to stay below its December 2023 low. The index dipped last month but held its mid-July low above 4 percent. Next comes the historically important long-term peak of 4.34 percent from the start of the Global Financial Crisis. After that, TNX closed above its November daily high. Each of those points additionally suggest that that yields are moving higher. They also shift attention to the next big level near 5 percent from October 2022. Given the importance of DXY and TNX for risk appetite, some traders may find potentially useful intermarket signals on their charts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
TVC:DXY
by TradeStation
Gold operation strategy: short selling on rebound is the generalFrom the 4-hour analysis, the upper resistance is around 2625-30. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target is still concerned about breaking the bottom. The short-term long and short strength watershed is 2640. The daily level is under pressure below this position and continues to maintain the main short rhythm of the rebound. The long position against the trend will not participate. Gold operation strategy: 1. Gold rebounds to 2625-2632 line short, stop loss 2637, target 2605-2600 line;
OANDA:XAUUSD
by SPPOK1
1
Is time for Gold bull to give up?The Fed's shift has shaken the market, ending the gold bulls' party. One of the main drivers behind gold's recent rise has been Federal Reserve rate cuts and signs of a slowing U.S. economy. However, the opposite trend is emerging, with the Fed likely pausing rate cuts now. Further trade wars could begin as early as Q1 2025 under Trump, potentially driving inflation higher and dampening gold demand. Additionally, ongoing efforts to negotiate a truce between Russia and Ukraine may further reduce gold's appeal. Technically, the price has broken below the December 6 and November 26 lows. As long as it remains under $2634, the double top/rectangle pattern indicates a potential drop to $2499. However, a more immediate target for short-term traders is yesterday's low at $2576. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:XAUUSDShort
by ThinkMarkets
My Best Analysis BTC/USDT (30-Minute Chart) Analysis The chart indicates a potential Inverse Head and Shoulders pattern, which is typically a bullish reversal signal. Key Observations: Pattern Formation: The Left Shoulder, Head, and Right Shoulder are clearly visible, with the price approaching the neckline. Breakout Potential: A breakout above the neckline could push the price towards the target range of 102,000 - 103,000 (green zone). Support Zone: Around 98,925 (purple zone). Resistance Zone: Near 102,634 (green zone). Trading Plan: Entry: Wait for a confirmed breakout above the neckline. Stop Loss: Below the support level (98,925). Take Profit Levels: TP1: 100,030 TP2: 102,208 TP3: 102,634 Note: Maintain proper risk management and monitor market conditions for additional confirmation before entering the trade.
by LunaTrader_SingnalsProvider
$USUAL Token Surge 267% After Listing: What’s Driving the Rally?The cryptocurrency market witnessed a standout performer in $USUAL, which surged 267% after its listing on major exchanges, including Binance. This Ethereum-based altcoin soared from $0.35 to a peak of $1.28 within hours, showcasing significant investor interest. Let’s delve into the fundamental and technical factors fueling this impressive performance. About $USUAL $USUAL powers the Usual Protocol, a decentralized fiat stablecoin issuer with a unique governance structure. It integrates three tokens into its ecosystem: 1. USD0: A stablecoin fully backed by short-term, liquid, and risk-free assets, ensuring composability and transparency in DeFi. 2. USD0++: A liquid staking token that distributes rewards in $USUAL. 3. $USUAL: A governance token directly tied to protocol revenue, granting ownership and decision-making rights to its holders. This innovative structure aligns user incentives and drives adoption of USD0, making $USUAL pivotal to the ecosystem’s growth. Its intrinsic value, derived from real cash flows, positions it as a game-changer in the DeFi landscape. Fundamental Highlights Listing Impact: The token’s debut on Binance, Bitget, and other prominent exchanges significantly boosted liquidity and visibility, propelling its price to an all-time high of $1.29. Market Activity: With a 195.60% increase in trading volume, totaling $1.64 billion in the last 24 hours, $USUAL has captured the market’s attention. Market Cap & FDV: At $552 million, $USUAL ranks #183 on CoinGecko, with a fully diluted valuation of $571 million. Technical Analysis The daily chart of $USUAL depicts the formation of a symmetrical triangle, a pattern often associated with potential breakout scenarios. A breakout above the triangle’s resistance could initiate another rally, targeting higher highs and reaffirming bullish sentiment. Immediate support lies near $0.80, reflecting investor confidence in this price zone. While the RSI IS not overbought, $USUAL’s momentum indicates strong buying interest, bolstered by its fundamentals and ecosystem utility. Future Potential $USUAL’s unique proposition as a governance token tied to real cash flows, combined with its stablecoin backing and staking mechanisms, positions it for sustained growth. However, traders should remain cautious, as breakout patterns may also lead to short-term corrections. Conclusion The $USUAL token is making waves with its robust performance, driven by a strong listing impact and innovative ecosystem fundamentals. As the DeFi space evolves, $USUAL’s decentralized approach to stablecoin governance and intrinsic value alignment could redefine the sector. Investors and traders should watch for a breakout from the symmetrical triangle for further bullish momentum.
UNISWAP3ETH:USUALWETH_14154C.USDLong
by DEXWireNews
Are Solana lovers here?BINANCE:SOLUSDT Did you get high from how Solana held the most powerful historical level? But we need to stand a little longer to go into space.At the moment, the chart is very favorable.Who can we thank for this positive development in the market?⚡️ Very strong purchases at the 200 level.I think 300 won't take long to wait.🚀🚀🚀 One small correction and people's market goals change dramatically. They forget about the action plan and how this market works in general. Don't let your emotions control you. It's not going to do any good. Both in this market and in life.
Long
by Real_CryptoRoy
3