XAUUSD BULLISH ANALYSIS (READ CAPTOIN)Hi taders! Share your opinion regarding this chart.
Current price: 2695
Currently gold is being supported by buyers as all d1 candle of this week have created bullish candles. After temporary retracement market has returned to it's bullish trend. Rejection of h4 candle is another indicator of a strong bullish market. If gold breakouts the price 2711 which is our demand zone then market will go further high up to 2732.
Key points:
Support zone : 2690-2680
Resistance zone 2710-2722
Please like comment thank you support
Fundamental Analysis
GBP/JPY at Crossroads: Strong Bearish Signals EmergeThe GBP/JPY chart indicates a potential bearish outlook based on the following key observations
Downtrend Line Resistance: The pair has recently struck a descending trendline, reinforcing downward momentum. This resistance is a significant psychological barrier.
Proximity to Support Zones: While support exists, price action failing to rebound strongly suggests weakening buyer interest.
Lower High Formation: Consistent formation of lower highs aligns with bearish sentiment.
Volume and Candlestick Analysis: If bearish candlesticks like engulfing patterns form near the trendline, it may confirm further downside.
Further confirmation could come from a breakdown of marked support levels.
The ECB's impact on EURUSDThe European Central Bank (ECB) arrives at its last meeting of the year in an environment of high global economic uncertainty, driven by geopolitical tensions, slowdown in China and political changes in the United States. In this scenario, the ECB Governing Council faces a critical decision: to cut interest rates by 25 basis points (bps) in December, continuing its gradual tightening cycle initiated in 2024. However, the real dispute lies in the future direction of monetary policy: moving towards an expansionary zone to stimulate the economy or keeping rates at neutral levels to preserve tools against future crises.
A monetary dilemma and its effects on the market
Analysts' consensus is that the ECB will cut the deposit rate to 3%. This cut, the fourth in a row this year, accumulates to a decrease of 100 bp in 2024. In the short term, these decisions are designed to ease financial conditions in the Eurozone, but they generate divided positions within the ECB between “doves” (pro-expansion) and “hawks” (pro-neutrality). The former seek to stimulate the weakened economy, pushing EUR/USD lower due to a less attractive euro against other currencies with higher yields. On the other hand, the “hawks” argue that excessive cuts now may waste room for maneuver in the future. This creates uncertainty in the markets, especially in the FX market, where EUR/USD has shown volatile movements with each ECB announcement.
Implications for EUR/USD
A 25bp cut could put downward pressure on the euro, as looser policy tends to reduce the currency's attractiveness to investors. However, the impact will depend on expectations about future ECB decisions and the signals given in its forward guidance. If the ECB adopts more accommodative language and is open to further cuts, EUR/USD could break key support levels, such as 1.05, approaching multi-month lows.
Conversely, if the ECB indicates that future cuts will be limited, the euro could find support and stabilize against the dollar. This outcome will also depend on the evolution of other global factors, such as US fiscal policy under the Trump administration, which could influence dollar strength.
Impact on financial markets
In the fixed-income market, gradual cuts are steepening yield curves, favoring intermediate maturity bonds. Meanwhile, in equity markets, an expansionary ECB policy tends to support growth, boosting cyclical and export sectors. However, lingering geopolitical tensions and a moderation in economic forecasts (with projected GDP growth for 2024 of only 0.8%) limit optimism.
Looking ahead to 2025
Some relevant European banks expect the ECB to cut rates to 1.5% by the end of 2025, suggesting gradual adjustments of 25 bps at each meeting in the first half of the year, with possible quarterly reductions in the second half of the year. This outlook leaves a window of uncertainty on EURUSD and European markets, which will continue to react to economic data and global dynamics.
Technical Aspect
Currently the EURUSD awaiting news remains above the support zone. Currently if the rate hike forecasts at today's meeting in the afternoon, will have a palliative effect on the devaluation of the currency. Currently trading at 1.05085 in the early morning hours with a slightly bearish pressure zone since the beginning of the session, a change in directionality to the upside could be seen today. Currently the Check Point (POC) is around 1.05726, a price zone where it was trading on the 5th. It would not be unusual for this rate hike to move the euro in the direction of 1.05400 and break the downward pressure initiated yesterday with the US CPI data which was slightly better than expected although year-on-year inflation matched expectations at 2.7%, although market basket inflation was at 3.3%. This caused EURUSD positions to go long by 70-30% yesterday. Such pressure is similarly maintained.
The ECB faces a difficult balancing act between stimulating the weakened economy and preserving its credibility in the face of future economic shocks. Decisions taken in December and throughout 2025 will define not only the course of the euro, but also the stability of the European economic bloc.
Ion Jauregui - ActivTrades Analyst
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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.
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US30 BACK TO BULLISH?For the last 3 months (beginning of September) US30 has completed 3 gold zone Fibonacci setups, while making new highs shortly after.
It is now at the 4th gold zone (.618-.5 give or take) and may be looking to reject anywhere in this realm and buy for ATH or possibly a new ATH. This would be the 4th consecutive gold zone fib setup in 3 months.
With CPI matching the exact forecast and the Feds rate cuts more than likely awaiting to happen, this looks like a perfect time to buy here at this zone.
A first TP would be ATH around 45,085
A second TP could possibly be a NEW ATH several hundred points above the previous (targets never seen before May be hard to pinpoint with an exact TP price)
Nonetheless this looks like a solid trade idea.
Thoughts?
What Is Quantitative Tightening and How Does It Work?What Is Quantitative Tightening and How Does It Work in Financial Markets?
Quantitative tightening (QT) is a critical tool central banks use to control inflation by reducing the money supply. In this article, we’ll break down how QT works, its impact on financial markets, and how it influences the broader economy. Read on to learn more about the effects of QT and how it shapes markets.
What Is Quantitative Tightening?
Quantitative tightening (QT) is a type of tightening monetary policy that central banks use to reduce the amount of money circulating in the economy.
When central banks like the USA’s Federal Reserve or European Central Bank engage in QT, they aim to tighten liquidity by reducing their balance sheets, typically by allowing bonds or other financial assets to mature without reinvestment or selling them outright. QT is a practice often used alongside hiking central bank interest rates, though not always.
The main goal of QT is to manage inflation by increasing borrowing costs and reducing demand for goods and services. By letting bonds mature or selling them, central banks effectively pull money out of circulation. This leads to fewer funds available for lending, which raises interest rates.
Higher rates make borrowing more expensive, encouraging businesses and consumers to cut back on spending, which can help cool down inflation. An example of this mechanism in action is the Fed’s QT program that began in 2022 to tackle high inflation by reducing the size of its balance sheet after years of quantitative easing.
QT is essentially the opposite of quantitative easing (QE), which is aimed at stimulating economic growth.
What Is Quantitative Easing?
QT and QE are both used to correct the economy’s course. However, while QT refers to the tightening of monetary policy, QE loosens it. During QE, central banks buy large quantities of government bonds and other assets to inject liquidity into the economy. This increases the money supply, lowers interest rates, and is intended to stimulate economic activity, particularly during downturns or recessions. QE was used extensively following the 2008 financial crisis and during the COVID-19 pandemic as a way to support economic recovery.
How Does Quantitative Tightening Work?
Quantitative tightening works by pulling liquidity out of the financial system, reducing the amount of money available for borrowing and investment. Central banks use a couple of specific methods to achieve this, which have a ripple effect on markets and the broader economy.
1. Reducing Asset Holdings
One of the most common ways central banks implement QT is by allowing bonds and other financial assets on their balance sheets to mature without reinvesting the proceeds. For example, the Federal Reserve might hold trillions in government bonds. When those bonds mature, instead of using the proceeds to buy new bonds, the Fed simply lets the money flow out of circulation. This reduces the central bank’s balance sheet and shrinks the money supply, contributing to higher borrowing costs.
2. Selling Bonds
Another method central banks use is the outright sale of government bonds or other securities. By selling assets, central banks increase the supply of bonds in the market. This can push bond prices down and drive yields higher, which makes borrowing more expensive for companies, governments, and individuals alike. Rising bond yields often lead to higher interest rates across the board, from mortgages to business loans—when there’s less money available for lending, banks raise the rates they charge for loans.
Effects of Quantitative Tightening on the Broader Economy
Quantitative tightening has significant ripple effects across the broader economy. As central banks reduce liquidity, it impacts everything from borrowing costs to consumer spending and business investment.
1. Higher Borrowing Costs
One of the most immediate effects of QT is the rise in interest rates. As central banks shrink their balance sheets, bond prices fall, pushing yields higher. This, in turn, raises the cost of borrowing for businesses and consumers. There may also be interest rate hikes alongside QT, further tightening lending conditions.
Mortgages, personal loans, and corporate debt all become more expensive, discouraging borrowing. For businesses, higher financing costs can limit expansion plans, reducing investment in growth or innovation. Households, meanwhile, face elevated mortgage rates, leading to reduced demand in housing markets and potentially lower home prices.
2. Reduced Consumer Spending
As the cost of borrowing rises, consumers have less disposable income. Higher interest rates on loans and credit cards mean households spend more on servicing debt and less on goods and services. This can slow down retail sales and reduce overall consumer demand, which is a critical driver of economic growth. Lower consumer spending typically affects sectors like retail, real estate, and manufacturing, which depend on a high volume of transactions.
3. Slower Business Growth
QT also impacts businesses by making it more expensive to access credit. Companies that rely on borrowing to finance operations, new projects, or expansions find it harder to justify taking on debt. With higher interest payments eating into profits, many businesses may delay or scale back investment plans. In addition, small and medium-sized enterprises (SMEs) that depend on bank loans for cash flow are often the hardest hit.
4. Inflation Control
While QT can slow economic activity, its primary goal is to rein in inflation. By reducing the money supply and making credit more expensive, it cools down demand. Lower consumer and business spending can reduce price pressures, helping to stabilise inflation. This was a key objective when the Federal Reserve resumed QT in 2022 to counter post-pandemic inflation.
5. Potential Economic Slowdown
However, if QT is too aggressive, it risks triggering an economic slowdown or even a recession. Tightening financial conditions leads to reduced economic growth, as seen in 2018 when markets reacted negatively to the Federal Reserve’s balance sheet reductions.
How Does Quantitative Tightening Affect Financial Markets?
Quantitative tightening can have significant effects across different financial markets. By reducing liquidity, it influences the behaviour of key assets, from bonds to equities, and can reshape market conditions in profound ways.
1. Bond Market
QT often leads to higher bond yields. When central banks like the Federal Reserve reduce their bond holdings or stop reinvesting in new ones, the supply of bonds in the market increases. As bond prices drop, yields rise to attract new buyers. This rise in yields means governments and corporations face higher borrowing costs. For instance, during the Federal Reserve’s quantitative tightening efforts in 2018, US Treasury yields rose significantly as more bonds became available in the market.
2. Stock Market
Equity markets often react negatively to QT. As liquidity tightens, the cost of borrowing rises for businesses, which can squeeze corporate profits and reduce their ability to invest or expand. Investors also tend to move away from riskier assets like stocks when bonds offer higher yields, as bonds become more attractive for their safety and improved returns. In 2018, US stocks experienced heightened volatility when the Fed’s quantitative tightening efforts combined with rate hikes led to market corrections.
3. Foreign Exchange Market
QT can also impact currency values. As central banks tighten monetary conditions and raise interest rates, their currencies often strengthen relative to others. This is because higher yields and interest rates attract foreign investment, increasing demand for the currency. For example, when the Fed began QT in 2022, the US dollar strengthened as investors sought better returns on US assets like Treasury bonds. See how the US dollar strengthening occurred for yourself in FXOpen’s free TickTrader trading platform.
4. Credit Market
QT reduces the availability of credit as banks and financial institutions face higher borrowing costs themselves. As liquidity is drained from the system, lenders tighten their credit conditions, making loans more expensive and harder to get. This can slow economic growth as businesses and consumers find it more costly to finance investments or purchases.
In effect, QT creates a tighter financial environment by reducing liquidity, pushing up borrowing costs, and shifting investor behaviour across various markets. Each asset class feels the impact in different ways, but the overall effect is a more cautious, less liquid financial system.
The Bottom Line
Quantitative tightening is a powerful tool central banks use to manage inflation by reducing liquidity and increasing interest rates. While it helps control rising prices, QT can impact borrowing costs, investment, and market stability. Understanding how these mechanisms work is crucial for informed trading.
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FAQ
What Is Quantitative Tightening?
The quantitative tightening definition refers to a monetary policy used by central banks to reduce liquidity in the economy. This involves decreasing the central bank’s balance sheet by selling bonds or allowing them to mature without reinvestment. QT is typically aimed at curbing inflation by raising borrowing costs and slowing economic activity.
How Does Quantitative Tightening Work?
QT works by reducing the supply of money in the financial system. Central banks achieve this by selling government bonds or letting them mature. As the bonds leave the market, interest rates rise, making borrowing more expensive for businesses and consumers.
How Does Quantitative Tightening Affect the Stock Market?
QT can negatively impact stock markets. As interest rates rise and liquidity tightens, borrowing costs for companies increase, which can hurt corporate profits. Investors may shift towards so-called safer assets like bonds, reducing demand for stocks and contributing to market volatility.
What Is the Difference Between QT and QE?
Quantitative easing (QE) increases the money supply by buying bonds, while quantitative tightening (QT) reduces liquidity by selling bonds or letting them mature. The main difference between quantitative easing vs tightening is that QE stimulates economic growth, while QT aims to control inflation.
What Does It Mean When the Fed Is Tightening?
When the Federal Reserve tightens, it implements policies to reduce money supply and raise interest rates. This helps control inflation by making borrowing more expensive and slowing economic activity.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USDJPY (10W) High Timeframe AnalysisPosition Trader's Opportunity
The USDJPY pair is currently trending upwards in the long-term. However, in the short-term, we're seeing potential for a downward correction towards the significant support level of 134.51.
Key Levels to Watch:
PIVOT HIGH @ 204.75
SLO2 @ 198.36 ⏳Resistance, major
SLO1 @ 185.44 ⏳
TP4 @ 178.91
TP3 @ 155.40
TP2 @ 140.15
Support, major @ 134.51
TP1 @ 118.20
Pivot Low @ 75.565
Trading Strategy:
A cautious approach is recommended.
While the long-term trend remains bullish, it's crucial to be aware of the potential for a short-term pullback.
📈Holding a long position above 185.44 is HIGH-RISK (the Supply Zone).
📉If the price breaks and closes below 152.16, it could signal a stronger downward trend.
📉 During the downtrend expect the possibility of Price Action reaching Support @ 1.3451
Interest rate expectations and geopolitics still drive GOLDOANDA:XAUUSD corrected after rising sharply as the possibility of the Federal Reserve cutting interest rates next week increased significantly after the release of US CPI data.
CME Group's "FedWatch" tool shows traders see a 98.5% chance the Fed will cut another 25 basis points at its December 17-18 meeting, a significant increase from the 86% chance before CPI data is released.
The U.S. Bureau of Labor Statistics reported Wednesday that the Consumer Price Index (CPI) rose 0.3% month-over-month and 2.7% year-over-year in November, both in line with market expectations. Economists surveyed by Dow Jones previously expected this number to increase an average of 0.3% month-on-month and 2.7% year-on-year.
Excluding food and energy costs, the US core CPI rose 3.3% year-on-year in November and was up 0.3% month-over-month. Economists surveyed by Dow Jones on average expect core CPI to rise 0.3% month-on-month and 3.3% year-over-year.
The market is now focusing on today's (Thursday) US Producer Price Index (PPI) data to shed more light on the Federal Reserve's interest rate cut roadmap.
Geopolitical news once again boosted OANDA:XAUUSD
On the daily chart, gold corrected after approaching the 0.236% Fibonacci retracement level and temporary upside was limited by this technical level.
However, in terms of overall structure, the gold price has enough technical conditions to increase after breaking the falling price channel and bringing the main activity above the EMA21 line. Along with that, the Relative Strength Index also rose above 50, which should be considered a positive signal for the bullish outlook of gold prices.
On the other hand, gold is likely to open a new bullish cycle when it breaks above the $2,730 level of the 0.236% Fibonacci retracement then the target is the Volume profile POC point, more so the $2,761 level and all-time highs. era established earlier.
During the day, the technical outlook for gold is bullish with notable points listed below.
Support: 2,700 – 2,693 – 2,676USD
Resistance: 2,730 – 2,742 – 2,761USD
SELL XAUUSD PRICE 2741 - 2739⚡️
↠↠ Stoploss 2745
→Take Profit 1 2734
↨
→Take Profit 2 2729
BUY XAUUSD PRICE 2669 - 2671⚡️
↠↠ Stoploss 2665
→Take Profit 1 2676
↨
→Take Profit 2 2681
DXY FORECASTIn this analysis we are focusing on 1H time frame for finding the upcoming moves and changes in DXY price. Here I'm using base and trendline strategy along with price action. Let's see what happens and which opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#DXY 1H Technical Analysis Expected Move.
GOLD ANALYZEHere we are analyzing 2H time frame for gold. By using trendline and price action module. According to this analysis I'm looking sell trade when price come into our zone than we will take some confirmation like candles confirmation and price action and than after strong confirmation we will take sell trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 2H Technical Analyze Expected Move.
Gold Supported by Fundamentals, Testing Key Technical ResistanceTechnical Analysis
Gold is trading at $2,719, approaching a critical resistance level at $2,735 (Fib 0.786). A breakout above this resistance could pave the way for further upside toward $2,743 and $2,758, marking significant levels for long-term trend continuation. On the daily chart, the price has held firmly above the 50-day SMA, supported by a bullish RSI, indicating the potential for continued strength.
- Key Resistances :
- $2,735 (Fib 0.786).
- $2,743 and $2,758.
- Key Supports :
- $2,700 (short-term support).
- $2,693 (Fib 0.618).
In the short term, gold has encountered resistance at $2,720 and shows signs of a possible pullback. The RSI in the overbought zone suggests that a correction toward $2,700 and potentially $2,693 is likely before any continuation to the upside.
---
Fundamental Analysis
Gold prices remain near two-week highs, supported by geopolitical tensions, central bank buying, and expectations for the Federal Reserve's (Fed) monetary policy. Markets are now pricing a 95% chance of a 25 bps rate cut by the Fed next week , per the CME FedWatch tool, with a further 22% chance of another cut in January.
Key Developments Driving Gold:
1. Chinese Central Bank Gold Buying:
The People's Bank of China resumed gold purchases in November, adding 160,000 fine troy ounces to its reserves. This significant move has bolstered global gold demand and added upward momentum to prices.
2. Middle East Geopolitical Tensions:
The collapse of the Syrian government and subsequent military actions by Israel have increased investor interest in gold as a safe-haven asset.
3. US Inflation Data (CPI):
November's CPI data showed a 2.7% YoY increase, aligning with expectations and reinforcing the case for rate cuts. The core inflation rate remained stable at 3.3%. These figures have kept gold's bullish momentum intact.
---
Upcoming Data to Watch
The Producer Price Index (PPI) for the US, scheduled for release tomorrow, will provide further clues about inflation trends.
- Forecasts:
- Core PPI m/m: 0.2% (previous: 0.3%).
- PPI m/m: 0.2% (previous: 0.2%).
- Unemployment Claims: 221K (previous: 224K).
Potential Scenarios for PPI:
1. Stronger-than-expected PPI (above 0.2%):
Higher PPI could indicate persistent inflationary pressures, potentially boosting the US Dollar and pressuring gold prices lower. In this case, gold may test short-term supports at $2,700 or $2,693.
2. Weaker-than-expected PPI (below 0.2%):
A weaker PPI could further strengthen the case for Fed rate cuts, weakening the US Dollar and providing additional upside for gold. A breakout above $2,735 would open the path toward $2,743 and $2,758.
---
Conclusion
Gold remains strong in the long term, with $2,735 as a critical resistance level. A breakout above this level could trigger a rally to $2,743 and $2,758. However, in the short term, the price is expected to correct to $2,700 or $2,693 before resuming its uptrend. The upcoming PPI report is pivotal and will shape market sentiment ahead of the Fed's rate decision next week.
Recommendation
Monitor the PPI report and Fed commentary closely. A pullback to $2,700 may offer a buying opportunity, with targets set at $2,743 and $2,758 if bullish momentum persists.
EURUSD Hi today I have drawn the technical analysis of the EURUSD. Please notice the volume and the other indicator thanks. This is the 1 hour chart and you can see the formation of the candles. We have had the news report about the inflation today. So inflation has risen since the last year and that was forecasted by the economists. The inflation has also risen since last month, both by 0.1%.
#EURUSD
#inflation
Will YGGUSDT Break Above Resistance or Face a Pullback? Yello, Paradisers! Is #YGGUSDT setting up for a bullish breakout, or is it gearing up for a deeper correction? Let’s analyze the current market structure to prepare for the next move.
💎YGGUSDT is approaching a crucial resistance level at $0.85, a level that has rejected the price twice in recent weeks. If the price manages to break above this barrier, it’s likely to target the psychological resistance at $0.9423. Beyond that, a continuation toward the $1.00 mark is on the cards if bullish momentum remains strong.
💎However, a rejection at this resistance could lead to a pullback toward the key support level in the $0.6693–$0.6995 zone. This area has proven to be a strong base for buyers and is aligned with the demand zone below. If the price fails to hold here, a deeper correction into the $0.5733 demand zone is possible. A break below this zone could trigger further declines, potentially testing the $0.35 level.
💎At this point, staying disciplined is crucial. If YGG breaks above $0.85, it may offer a solid long opportunity, but only if momentum confirms the move. On the other hand, Paradisers should watch for weakness or bearish candles at resistance, as these could indicate a deeper retracement.
Success in trading comes from patience, Paradisers. Wait for the market to confirm its direction before making a move, and always protect your capital with appropriate risk management. The next major trend will reward those who remain focused and disciplined. Stay sharp, and let’s conquer the charts together!
MyCryptoParadise
iFeel the success🌴
EURUSD → False breakout of resistance. DowntrendFX:EURUSD is testing resistance in the downtrend phase. The maneuver ends with a false breakout of resistance at 1.067.
On the daily timeframe the price is squeezed between the strong resistance at 1.06011 and the local support at 1.05. So, if the bears keep the defense below the key resistance, the currency pair will continue to fall in the short term. The target in this case may be the area of 1.05 - 1.044.
But, technically, the retest of 1.067 may provoke a local breakout of the level and the price movement to the channel resistance against which there will also be a high probability of formation of a false breakout.
Resistance levels: 1.067, 1.965, 1.076
Support levels: 1.0448, 1.0331
Emphasis on resistance. Confirmation of the nearest resistance in the form of price consolidation below the level, if retested, could be a good entry zone. But if resistance is broken, the focus will shift to 1.065 - 1.067
BITCOIN →The Trend Reversal. The End Of Growth? Or Not!BINANCE:BTCUSDT
Still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation.
Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel.
The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now.
The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions.
Resistance levels: 99K, 101.3K, 104K
Support levels: 95.9K, 91.6K
If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level.
If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth.
More news for EURUSDYesterday, the news focused on USD, and today it’s EUR’s turn.
The ECB will announce whether it will lower the interest rate, followed by a press conference 30 minutes later.
Next week, the FED will also announce its decision regarding interest rates.
This could mean that the sideways movement we’re currently seeing may continue.
Watch for reactions to these key events and potential entry opportunities.
ETHUSDT: Bullish Trend (Triangle Pattern) 8k+ Fundamentally ETH is in Bullish Trend, and as per technical analysis its also forming Triangle Pattern and break the Pattern which is the confirmation of the bullish trend. But there is a Strong Resistance on CMP So we will wait for the break of this Resistance for the another confirmation of the bullish trend to take a long trade with proper risk management.
XAUUSD: 11/12 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2725, support below 2627
Four-hour resistance 2704, support below 2676
Gold operation suggestions: 4-hour chart bottomed out and rebounded, it is expected that the probability of falling below the 4-hour low of 2675 is not high, then look for opportunities above 2675 to continue to arrange long orders, and there may be opportunities to short if the daily high of 2704 is not broken. Radicals can try it, and admit defeat and exit after breaking the daily high of 2704
From the current 4-hour analysis, the upper short-term pressure focuses on 2700-2720, and the lower short-term focus is on the 2676 first-line support. The operation is mainly based on retracement and long
Pay attention to avoid the time of CPI news release to prevent hitting SL due to high market liquidity
BUY:2660near
BUY:2678near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Fundamental Market Analysis for December 12, 2024 GBPUSDEvent to pay attention to today:
15:30 EET. USD - Unemployment Claims
GBPUSD:
On Wednesday, GBP/USD exhibited limited movement, stalling near 1.27500 in response to the release of the US Consumer Price Index (CPI) data for November, which aligned with market expectations. The remainder of the week is relatively quiet in terms of UK economic data, with the US Producer Price Index (PPI) scheduled for release on Thursday.
The US PPI inflation rate saw a slight increase in the year to November, with core PPI inflation rising from 2.6% to 2.7% year-on-year. Core PPI inflation remained unchanged at 3.3% year-on-year. Additionally, monthly core CPI inflation increased in November, rising from 0.2% in October to 0.3% month-on-month. Despite the overall increase in core inflation, Wednesday's CPI figures were largely in line with expectations, maintaining a moderate outlook for investors.
CME's FedWatch tool indicates that there is now a 95% probability of a 25 bps rate cut when the Fed meets for its latest rate meeting on 18 December. Despite a short-term rise in CPI inflation, investors have concluded that the fluctuations in the published data are insufficient to prompt the Fed to reverse its latest quarter-point rate cut to end 2024.
US PPI inflation is expected to decline on Thursday, with markets anticipating a similar outcome to this week's CPI data. Producer-level inflation is projected to increase at the front end of the curve but remain near recent levels. The core price index is forecast to rise to 3.2% y/y, up slightly from the previous reading of 3.1%.
Trading recommendation: We follow the level of 1.27500, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
Stoxx600 and M3 EUM3 contains more asset classes than M2. So, to find the signs to bubble, in a point of historical view, it might be better, to compare value of equities with M3. Therefore you see below, what it means. Market crisis/crashes are marked.
The differences from 2007/08 to others: there we had an Interbanken problem: no one trusted each other and was not willing to overtake overnight credits. Second: the fed announced, to take several repo papera from the list, which means big problems for some primary dealers.
All in all it was not a problem of to much money in the system, the problem was, that some money was on wrong places. Panic driven at the end.
Whatever: actually, no doubt, we have to much money in the system.