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Fundamental Analysis

Why we're on guard for a USD pullbackStrong economic data for the US alongside expectations for the Fed to significantly reduce the pace of their easing cycle has been a main driver for USD bulls. And while the dollar could reach new high with the current backdrop, we're about to enter a phase of the year which greatly favours USD bears. Looking at monthly and daily seasonality patterns in December and forward returns for the USD around Fed meetings, I outline why a pullback - even idf only minor - could be due for the mighty greenback. MS
ICEUS:DX1!Short
by CityIndex
FORTH Experiences Continued Growth Over Increasing TimeframeCOINBASE:FORTHUSDC The Ampleforth Governance Token has seen very solid growth over the last year, and continues it's climb each day. Take note! A project on the move and the uptrend is quite impressive considering the volatility in other markets. Available markets you can checkout on this page: coinmarketcap.com What is it? Calling itself the elastic supply protocol, Ampleforth, located in San Francisco, builds it's smart contracts platform with Solidity. You can checkout their project on GitHub , assuming you are a nerdy type. Our only interest is the fantastic growth rate we are observing, and how we can leverage some trades into this excellently performing playing field. Our ears are perked up, listening for new signals of continued action in the Ampleforth ecosystem! Yesterday the team posted a cryptic message on X which could be something good. We do not have any inside information to share, other than "Enter the Evergreen Cycle"... and "As our root network expands—it's time to behold the growth phase of our next cycle." Sounds good! Keep up the great work Ampleforth team! Learn more: www.ampleforth.org t.me x.com Remember Habibi, the desert tests your will, not your strength.
COINBASE:FORTHUSDLong
by LawrenceOfCoinrabia
AMZN: Are We Heading to $247 or Taking a Quick Dip First? Hey Mindbloome Family, here’s my take on Amazon (AMZN) right now: 1️⃣ If we break above $233, I think we’ll see a strong move up to $246–$247. 2️⃣ If we don’t break just yet, we could see a pullback to one of these levels first: $225 $221 $215 From there, I’m still looking for a bounce back up to $246. 3️⃣ If we break below $215, that’s when we’ll need to pause and reassess the plan. Wellness Tip: Don’t underestimate a good night’s sleep. Trading with a clear, rested mind makes all the difference—you’ll see the charts more clearly and make better decisions. What’s your take—do we break through to $247, or are we dipping first? Let me know! If you want to chat more or dive deeper into this setup, check out my profile or send me a DM. KRIS/MINDBLOOME EXCHANGE TRADE WHAT YOU SEE
NASDAQ:AMZN
by Mindbloome-Trading
Gold Price Analysis December 17Fundamental Analysis Gold prices traded in a narrow range during European hours on Tuesday and remained near a one-week low touched the previous day. Traders appeared reluctant to signal further interest rate cuts by the Federal Reserve (Fed) before placing any fresh bets. This, in turn, resulted in a range-bound price action for the second consecutive day and ahead of Wednesday’s key FOMC policy decision. Meanwhile, expectations of a less dovish Fed continued to support higher US Treasury yields, which helped the US Dollar (USD) attract some buyers and act as a drag on non-yielding Gold. However, persistent geopolitical risks stemming from the protracted war between Russia and Ukraine and tensions in the Middle East supported the safe-haven. Traders now look to the US Retail Sales figures to see what the market will do next. Technical analysis The important support zone 2647.2 plays a key role at the moment to help gold prices stand firm against a sell-off, when this zone breaks out and waits for a retest to sell, gold will return to the target around 2627 and 2615. When gold fails to break 2647, we have to wait until the Asian session leaves completely and only the European session remains, then we can buy back around 47 and aim for the target of the SELL entry zones around 63-65 and 75-77. Wish you good trading with my strategy
OANDA:XAUUSD
by TVS-Trader
XAU/USD (Gold) Wedge BreakoutThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2678 2nd Support – 2692 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
9
TRADING STRATEGY FOR DECEMBER 18 XAUUSDGold prices fell on December 17 due to: Stronger USD (+0.1%), making gold more expensive for holders of other currencies. Higher 10-year bond yields, increasing the opportunity cost of holding gold. Key Takeaways from the Fed: A 0.25% rate cut is expected on December 18, but the likelihood of further cuts in January 2025 remains low (only 18%). US Economic Impact: November retail sales exceeded expectations, fueling inflation concerns. This suggests the Fed may pause further rate cuts in January 2025. Gold is strongly supported by important economic data this week. From a technical perspective, after recent sharp declines, gold has shown signs of reversal from the 2633.xx resistance area, rebounding toward 2650.xx. Today's Main Trend: Focus on long-term buy opportunities at strong sell points. Use sell scalping strategies and observe reactions to trade more effectively. INTRADAY TRADING STRATEGY SELL SCALP: Entry: 2661 - 2663 Stop Loss (SL): 2666 Take Profit (TP): 2655 BUY SCALP: Entry: 2634 - 2632 SL: 2629 TP: 2640 BUY ZONE: Entry: 2618 - 2620 SL: 2615 TP: ??? SELL ZONE: Entry: 2672 - 2674 SL : 2677 TP: 2664
PEPPERSTONE:XAUUSDLong
by KevinNguyen-SimpleTrade
PEPE UNCHAINED RUMOR1️⃣ Listing on Major Exchanges: GETTEX:PEPU is rumored to be in talks with Binance and Coinbase, two of the biggest centralized exchanges (CEXs) in the world. Such a listing could skyrocket the token's visibility and liquidity, leading to increased adoption. 2️⃣ Price Explosion: Crypto analysts predict that GETTEX:PEPU could achieve up to 90x growth in the coming months, especially if the rumored exchange listings materialize. Some forecasts suggest GETTEX:PEPU could reach $0.01, driven by its strong market cap and trading volume. 3️⃣ Layer-2 Blockchain Development: There's speculation that GETTEX:PEPU might introduce a Layer-2 blockchain to enhance scalability and lower transaction costs. This move could position GETTEX:PEPU as more than just a meme coin, adding real utility to its ecosystem. 4️⃣ Meme Coin Comparisons: Many compare GETTEX:PEPU to other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). However, GETTEX:PEPU is carving out its niche with unique features, such as its rumored 'Pump Pad' meme coin launcher, designed to attract developers and expand its ecosystem. 5️⃣ Community Power: The GETTEX:PEPU community has exceeded 100,000 members on platforms like Telegram and X (formerly Twitter). This growing base of supporters is fueling discussions about future partnerships and use cases.
MEXC:PEPUUSDTLong
by panggihjogja
1
ETHUSD: Breakout to 6K or Drop to 2K? Key Levels to Watch!ETHUSD Alright Mindbloome Fam, here’s the deal with Ethereum—keeping it super simple: If we break 4100, I think we’re heading to 5K–6K. That’s where things could really get exciting. But if we dip to 3K, we might see a pullback all the way to 2100. And if it goes lower? We’ll figure it out when we get there. No need to overcomplicate it—just watch these levels and be ready. If you want to talk more about this or need some tips, check out my profile or DM me. Happy to help! So, what’s your gut saying—do we pump or dump from here? Let me know! Kris/ Mindbloome Exchange Trade What You See
KRAKEN:ETHUSD
by Mindbloome-Trading
ETH. Ethereum’s Potential Surge to $7,000. 12/18/24BINANCE:ETHUSDT The current price of Ethereum is nearing a level historically associated with resistance to further growth. Specifically, ETH is attempting to surpass the $4,095 mark, and it will be intriguing to see if it succeeds. Should the price break through this resistance, a powerful upward movement could follow. I recommend using the current chart and the $4,095 price level as a reference point for analyzing other altcoins. If Ethereum manages to break this level, it may influence the performance of other cryptocurrencies as well. The all-time high is $4,868, and if the current resistance level ($4,095) is breached, the next growth target will be this historical peak. Locally, we might witness a correction to around $3,800, followed by a rebound and further breakout to $4,000. In the case of a more significant correction, I plan to add to my position at the $3,618 level. My targets for Ethereum in Q1 2025: $6,000–$7,000. Keep this in mind. Ultimately, what you decide to do is entirely up to you. DYOR.
Long
by trendbooster
6
NOT 1D. Why I Avoid High-Risk Altcoins: Lessons from NotcoinBINANCE:NOTUSDT Before investing in altcoins, it's crucial to thoroughly analyze them and understand the associated risks. In classical investment strategies, two key factors are always relevant: buying at a good price and selling at the right time. For example, with Notcoin, after 114 days, the token price returned to the $0.007076 support level and showed only minor growth. In the same timeframe, Bitcoin and many altcoins have already doubled in value since August 2024. Let that sink in. In my opinion, buying altcoins like Notcoin may not be advisable, as their growth is often less significant compared to Bitcoin and other major altcoins. This makes such investments risky, at least in my subjective view. If you hold tokens obtained from airdrops, it’s essential to sell them when prices hit their peak (ideally at swing highs), as these tokens are likely to see a sharp decline after reaching their maximum value during overhyped periods. Specific Outlook for #NOT: I expect a correction to the $0.007076 support level, followed by a rebound to the $0.017544 resistance level. At that point, I plan to withdraw my initial investment and might even lock in some profits from my main position. Overall, I urge you again to avoid taking excessive risks with altcoins. Diversify your portfolio and aim to sell these types of assets at their peak. DYOR.
by trendbooster
SOL 1D. Solana Ready for New Highs. 12/18/24Currently, the price has formed a "descending parallel channel" and is moving within its boundaries. I expect Solana’s price to revisit the $200 level, which serves as a key support zone. After this return, I anticipate continued growth and a move toward a new all-time high. Trade Plan: EP (Entry Point): $202 - $196 TP (Take Profit): $240 - $260 SL (Stop Loss): $184 - $182 Personal Approach: I plan to buy Solana on spot in the $186 - $156 range since I’m targeting $300 - $400 levels in the mid-term (expecting another correction as well). If my futures position hits stop-loss, I won’t be upset at all because my spot position will cover any losses — I’m confident in this! What you should do is entirely up to you. DYOR.
Long
by trendbooster
AUDJPY Fall? And potential Stock Market correction?Potential short idea on AUDJPY Reasons for (potential) entry: - COT traders are buying JPY and selling AUD fairly aggressively - AUD cutting interest rates, JPY hiking interest rates - AUD could be under pressure due to reliance on China, who are facing economic uncertainty In the past, when COT traders have bought JPY as aggressively as this there's been a stock market correction after it. Not saying it's definitely going to happen again - but JPY is seen as a 'safe-haven' currency and it's usually bought up when investors are risk-off. Stocks have been on a crazy bull run for the last year, I wouldn't be too surprised if there was some sort of correction in it soon.
Short
by ciantrades
7
The long awaited XRP pullbackHello, traders! I’ve got some great news. From now on, I’ll be reviewing coins that my readers are most interested in — specifically, the most popular and trending ones in this cycle. And the first one on the list is XRP. Considering BTC's ambitious targets for 2025 and the potential for significant regulatory shifts, XRP is just beginning its journey... The price has found support at the $1.9 level, forming a zigzag correction. The retracement targets have been met, and XRP could continue reaching new all-time highs. However, due to the overall market weakness, the risk of a double zigzag remains. Given this, it’s reasonable to start building a position with the possibility of averaging down in case the price revisits local lows. Recent News --> Following the bull run triggered by news of SEC Chairman Gary Gensler's potential resignation, we’ve received fresh updates about the New York regulator approving Ripple's stablecoin, RLUSD. Ripple CEO Brad Garlinghouse confirmed the development today, adding that the company will soon announce exchange listings and partnerships for the asset. If you enjoy this new format, please support the idea and leave a comment.
by Real_CryptoRoy
1
ETH, What's Happening?KRAKEN:ETHUSD ETH has seen some action in the last day along with the surge by market favorite COINBASE:BTCUSD Ether has not experienced the dramatic action that we observe in some other markets during this middle December to New Years timeframe. But that has not stopped ETH from hitting some new highs. Also favorable in the signals department, we have World Liberty Financial buying up loads of ETH for unknown objectives. Taking a look at the next 24 period, high probability of continuation of sideways consolidation in a boxed price range with occasional highs. Wednesday some important announcements of general market status could impact trading volume. Keep watch on the charts for signs of a reversal towards another breakout growth period which may include new ATHs. Remember Habibi, the desert tests your will, not your strength.
COINBASE:ETHUSD
by LawrenceOfCoinrabia
UNITEDHEALTH GROUP | THE BEAR'S CLAIM: $UNH PAYS THE PRICE Dec17UNITEDHEALTH GROUP | THE BEAR'S CLAIM: NYSE:UNH PAYS THE PRICE Dec17 UnitedHealth Group, NYSE:UNH , UNH NYSE:UNH Trends: NYSE:UNH Weekly Trend: Bearish NYSE:UNH Daily Trend: Bearish NYSE:UNH 4H Trend: Bearish NYSE:UNH 1H Trend: Bearish NYSE:UNH Price Target Areas: NYSE:UNH BUY/LONG ZONE (GREEN): $488.75 - $514.75 NYSE:UNH DO NOT TRADE/DNT ZONE (WHITE): $480.00 - $488.75 NYSE:UNH SELL/SHORT ZONE (RED): $455.00 - $480.00 All indicators are pointing to bearish for $UNH. Looking at the monthly timeframe we can see there is a range that was respected between the levels of 480 up to 555. After price finally broke the level of 555 a new range began. 560 up to 615/620 area. Given the recent news and events; the stock has since seen a deep bearish trend. Momentum has taken price all the way back down to the previous range low of 480. Price currently rests on 480. Bears should seek continuation and target levels of 455/460, or even down to 415. Bulls should look for a reversal marked by breaks over 488.75 on the lower timeframes, or the 549 area for a higher frame reversal. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, unh, unitedhealth, unitedhealthgroup, NYSE:UNH , insurance, insuranceclaims, unhinsurance, unhclaims, unhdeductible, unhstock, unhprice, unhtarget, unhsetup, unhtrade, unhzone, medicare, unhanalysis, unitedhealthanalysis, unhtradeidea, unhidea, unhrecentevents,
NYSE:UNHShort
by TonyAiello
Oil Market Analysis - 17/12/2024The oil market is currently under pressure, with WTI down to $69.30 and Brent at $72.66. The main causes are: Pemex Production Recovery: Oil platforms in the Gulf of Mexico have returned to full capacity after improved weather conditions and the end of the hurricane season. This has increased available supply, partially offsetting the decline in Russian production. Decline in Russian Crude: Russian maritime oil exports have fallen by 11% since October due to maintenance at a key terminal. This has temporarily limited flows but has not significantly supported prices due to increased production from other sources like Pemex. Strengthening US Dollar: The Dollar Index (DXY) is around 107.00, gaining strength thanks to preliminary US PMI data for December, which signals the fastest economic growth in 33 months, driven by the services sector. A strong dollar negatively impacts oil, making it more expensive for buyers using other currencies. API Expectations: Crude inventory data from the API, scheduled for 21:30 GMT, could add volatility. Last week, there was a build of 0.499 million barrels. EU Sanctions: The EU has imposed sanctions on a Dutch trader involved in trading Russian oil above the price cap. The impact on volumes remains limited for now. Oil Technical Analysis Price Range: Oil is trading within a range between $67.00 (support) and $71.50 (upper resistance), with this band likely extending into January 2025. Resistance: The key resistance is located at $71.03 (100-day SMA) and $71.46, where prices encountered selling pressure last week. A breakout above $71.03 could push prices toward $75.27, but caution is needed for quick profit-taking as the year-end approaches. Support: The first solid support is at $67.12, a level that held prices in May-June 2023. A break below could see crude testing the 2024 yearly low at $64.75 and then $64.38, the 2023 low.
TVC:USOILLong
by Forex48_TradingAcademy
1