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Trend Analysis

USD/CAD First Yearly Close > 1.4000 Since 2002It was a blistering Q4 for the US Dollar and that's especially true in USD/CAD. While USD reversed aggressive at the Q4 open while getting a shot-in-the-arm around the U.S. Presidential election, in USD/CAD there was also the added drive of tariff potential after President-elect Trump threated a 25% tariff on Canadian goods unless the border was shored up. That comment came on November 26th and led to a bullish spike in the pair, which did recede; but after that the 1.4000 level began to show as support and buyers pushed another strong move through December trade. There were especially noticeable drives on both the NFP report and the FOMC rate decision. After the Trump comment re: 25% tariffs on Canada, PM Trudeau flew down to Florida to try to appeal to Trump. Trump's response after seems jovial in nature, as he called Canada the 51st U.S. state and PM Trudeau a 'governor.' I think the big question here is whether Trump wants a strong U.S. Dollar which a push towards austerity could produce. And if that happens, weakness could show in equities which could then bring questions around his economic agenda. I'm expecting something similar to what showed in 2017, when shortly after inauguration Trump opined that the U.S. Dollar was 'too strong,' after which the currency went into a tailspin for the rest of the year, even as the Fed hiked rates three times in 2017 and four times in 2018. If we do see mean reversion in the US Dollar, USD/CAD could remain attractive for similar themes. For now bulls are still pushing and next resistance is the same 1.4690 area that was respected back in early-2016 and again in 2020. - js
by FOREXcom
TradeCityPro | CAKE: Weekly & Daily Price Dynamics👋 Welcome to TradeCityPro! In this analysis, I will examine the CAKE coin. Pancake Swap is a DEX platform on the BSC network, ranking first among DEXs by TVL. This analysis will technically review the platform's coin, CAKE. 📅 Weekly Timeframe: Reaching the Demand Zone In the weekly timeframe, following the break of the $3 support, the price dramatically fell, and after several weeks, it found a bottom at $1.093. With incoming buying volume, it rebounded from this zone and eventually reached up to $4.753. 🔍 After the initial contact with this area, the price was rejected and fell sharply again to $1.549, where the second bottom was formed. After a confirming candle, the price moved towards the supply zone near the resistance at $4.753. 📊 The buying volume was very strong in the bullish candles that formed, but after reaching $4.753, we observed a heavy rejection and the price retraced the entire bullish leg. With the RSI reaching the 50 level, the bullish momentum also dissipated. 🚀 For an uptrend, as long as the price is below the supply zone, I do not expect large and sharp candles. However, if $4.753 is broken, the price could move towards targets at $9.723 and even $41.575. 🔽 If further correction occurs, the most crucial support is at $1.093, which must not be lost. 📅 Daily Timeframe: More Chart Details and Price Behavior In this timeframe, we can observe more details about price behavior. Currently, the price is in a very tight range box from $2.243 to $2.627, and breaking either of these areas could start a new trend. 📈 If $2.627 is broken, the price could again move up to the $4.753 ceiling. Entry of buying volume and a break of 50 in the RSI will significantly impact this bullish leg. ⏳ On the other hand, if $2.243 breaks, the price could move down to the $1.549 support and, if bearish momentum increases, could even break this support and move towards lower lows. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
3
Buy gold first, then short gold at the right timeBros, after reaching the 2622 level, gold has gradually pulled back and is now trading near 2600. Fortunately, we managed to capture the short-term peak and closed our long positions near 2622, successfully locking in profits. However, following the pullback, I have re-entered long positions in gold. I initiated a buy position around 2606, and as gold dipped further to approximately 2600, I added to my position with the same lot size. The psychological support level at 2600 remains a critical threshold, and it’s unlikely to be decisively breached in the short term during the market’s tug-of-war. Therefore, gold bulls may recover some ground during this phase, which is why I remain committed to taking long positions in the short term. That said, given the strength of bearish momentum as gold declines, expectations for the rebound’s upside potential should be adjusted downward to the 2610-2615 range. If gold’s momentum remains weak after testing this range, we can then consider initiating short positions once again. Bros, are you bullish on gold rebounding and regaining some lost ground? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Crude Oil January Futures: Bullish Option Trade SetupBuilding upon my prior analysis, where I held a bearish outlook on Crude Oil January Futures , I now present a contrasting bullish perspective. While I had previously emphasized the confidentiality of the stop-loss level for short trades, this setup focuses on a call option strategy aligned with my expectations of upward momentum in the market. For this trade, I have chosen the 6000 strike call option . The optimal entry point for this position is below ₹234.20 , providing a favorable risk-reward ratio. As of this writing, the current market quote (best offer) stands at ₹186.00 , offering an attractive entry opportunity for bullish traders. My target for this position is set at ₹468.40 , which I anticipate achieving by the contract's expiry on 15th January 2025. Key Notes: This trade is based on my personal analysis and market perspective. It is important to emphasize that this is not a trade recommendation for the public. The stop-loss level remains confidential and forms an integral part of my risk management approach. Disclaimer: Trading in options and futures involves significant risk and may not be suitable for all investors. This analysis is solely my personal view and is shared for informational purposes. Perform your own due diligence or consult with a financial advisor before making any trading decisions.
MCX:CRUDEOIL1!Long
by IndexAce
BTC 2025 I have plotted the yearly OHL. White line shows year open. If you think BTC is bullish then you buy the year open and hold till EOY or hodl till your heart desires. Alternatively you could gamble and wait for a dip below year open and buy then. Or perhaps you can wait till there's a dip below year open and then wait for a reclaim back on top of the year open level to start bidding. Regardless I see a strong bull trend: 12 years of buy year open and hold till EOY = positive return 3 years of buy on year open and hold till EOY = negative return 2015 is an outlier but despite the heavy drawdown the year end gave a positive return. The probabilities are very skewed and its pretty crazy how complicated we make the LTF analysis and forecasts where the simplest of strategies garners significant gains. The years following a halving year (2013, 2017, 2021) all have a 100% hit rate of buy year open and hold till EOY. Those years offered a very positive return and marked the top of the "cycle" being followed by a down year. My personal opinion is you either buy now or buy higher later. We might look back in a few years and lament on how we had so much time to buy sub 100k. Alts see a similar pattern. The beginning of the year is crucial in determining what lies ahead.
CRYPTO:BTCUSDLong
by bhx10
EUR/USD H1 AnalysisEUR/USD H1 chart Potential buying opportunity based on both technical and fundamental analysis. Technically, the price has recently bounced off a strong support area, suggesting possible upward momentum. The Ichimoku Cloud indicates bullish signals with price trading above the cloud. Key resistance levels are identified at 1.0410 (TP1) and 1.0450 (TP2) , providing clear take-profit targets for long positions. Fundamentally, recent economic indicators and monetary policy expectations from the Eurozone and U.S suggest strengthening of the Euro against the Dollar, supporting this bullish outlook. A stop-loss is strategically placed below the support to manage risk effectively in case of market reversals. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
Long
by David_Josh_Trader
BTC - Dip Buy Could Be Coming As Fear AboundsVery bearish content is now circulating here, YouTube Twitter etc So my technical perspective is currently in the bullish end of the spectrum except for crypto fanboys that always post bullish. But there is significant danger because both Nasdaq + S&P + Dow Jones and TOTAL have hit significant long term 1.618 ratios. TOTAL: Nasdaq Futures: S&P Futures: Dow Jones Futures: On BTC chart, the 1:0.618 Golden Window should be the most likely reversal ratio in this area because that would show strength in the overall trend. And there will be high liquidity below support @$91.2K. That said there will also be higher liquidity below support @ $85K. But that lower support is far less defined and whipsaw is the market maker thumbprint. Significant reversals are more likely just beyond price points that have previously seen high volatility whipsaw. And so the most likely reversal point in terms of ratio and liquidity is below support and down into the Golden Window ($90.4K - 88K). But if stock indexes collapse then that can be the cause to pull Bitcoin down further. Its certainly complex. But in the end Bitcoin will see $174K 🧐. This will be my last content of the year. Have a great NYE 🎆 Not advice
INDEX:BTCUSDLong
by dRends35
theta usdt Update"🌟 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! 📊💡"
by Golden_candle
BTC/USD - Critical Technical Setup: Fake Breakout Alert TECHNICAL ANALYSIS: 🚨 Market Structure: - Price: $91,644 (-1.84%) - Timeframe: Daily (1D) - Exchange: Bitstamp Key Elements: - Strong resistance zone: $105,000-110,000 - Potential fake breakout warning - FVG (Fair Value Gap) identified on 1W timeframe - Multiple trendlines converging Projected Scenario: - Current fake breakout pattern suggests potential reversal - Initial pump to $115,000-120,000 zone - Sharp reversal target: $95,000-92,000 - Critical support zone: $85,000-88,000 Risk Management: ▪️ Key Resistance: $110,000 ▪️ Support: $88,000 - 86,000 ▪️ Yellow Trendline: Critical for bullish structure Timeframe: Daily Pattern: Fake Breakout Setup Bias: Cautious, potential distribution phase Note: High-risk setup. Capital preservation is crucial. Not financial advice. #Bitcoin #BTC #TechnicalAnalysis #Crypto
BITSTAMP:BTCUSDShort
by Supachai-Taechapisit
BTCUSD.market target 92800entry point 91800 stop loss 91000Here's a summary of your trade plan for BTC/USD: Trade Plan 1. _Target_: $92,800 2. _Entry Point_: $91,800 3. _Stop Loss_: $91,000 Your plan indicates a bullish outlook, expecting the Bitcoin price to rise from the entry point to the target. Key Considerations 1. _Risk Management_: Ensure you're managing risk with proper position sizing. 2. _Market Conditions_: Monitor market conditions, including economic indicators, regulatory updates, and technical analysis. 3. _Trade Adjustment_: Be prepared to adjust your trade plan if market conditions change. Would you like me to provide current BTC/USD market data, analysis, or insights? 100% perfect signal my Telegram link join
BITSTAMP:BTCUSDLong
by Stevenexpert
Bitcoin (BTC): Is $83K Just the Start of a Bigger Drop?Bitcoin is showing signs of heading lower, and the next few levels could be make-or-break. Let’s break it down simply so you know what to watch. What’s Happening Right Now? The market’s pointing downward, and we’re eyeing FWB:83K –$85K as the first target. If BTC doesn’t hold there, things could get rough. Where BTC Could Go Next - FWB:83K –$85K: This is the next stop. If Bitcoin can’t bounce here, the selling could pick up. -$70K: A deeper drop, and a key support level where buyers might step in. -$55K: The worst-case scenario for now, but also a spot where we could see some recovery. The Big Picture We’re also seeing a head and shoulders pattern, which is a strong clue that prices might keep dropping. Let’s wait and see how the market reacts as we approach FWB:83K –$85K. What’s the Plan? -Watch FWB:83K –$85K carefully—it’s the first key level. -If BTC doesn’t hold, prepare for $70K or even $55K. -Be patient and trade what you see, not what you hope. If you liked this breakdown, hit like or follow. Got questions about Bitcoin or another chart? DM me—I’d love to help. Feeling stressed about trading or struggling with burnout? Let’s chat. I’m here to help you stay focused and balanced so you can trade with confidence. Let’s tackle this together! Kris/ Mindbloome Exchange Trade What You See
KRAKEN:BTCUSDShort
by Mindbloome-Trading
TODAYS GOLD ANALYSISHello Everyone Here is My Today's #Xauusd (Gold) Analysis Today On 30th December Gold Current Price 2615 My Pivot Point is 2621 Gold is currently consolidating between 2609 to 2620 range until any decisive breakout. If gold breaks the pivot point (2621) before h4 closing , it is likely to test the Resistance Zone at 2632 to 2638 If H4 closes below (2621) the Gold may decline towards the first Support Levels at 2606 and 2600 . Breaking the support could push gold into the demand zone at 2590 and 2585 Key levels Pivot 2621 Resistance 2632 / 2638 Support 2606 / 2600 Demand Zone 2590 / 2585 📈Bullish above 2621 & 2627 📉Bearish below 2621 & 2606 For Further Gold Moment Don't forget to Follow Me . Please Support With Likes & Comments. thanks 🙏
FOREXCOM:XAUUSD
by Gold_Global_Club