Hello, subscribers! It’s great to connect with all of you. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - Donald Trump, the U.S. President-elect, recently warned that if BRICS nations challenge the dollar's dominance, they will face 100% tariffs and potentially lose access to the U.S. market as an export destination. - In France, Prime Minister Michel Barnier invoked a constitutional clause to bypass a parliamentary vote and directly legislate the Social Security Finance Bill, a cornerstone of next year’s budget. In response, the Left Alliance and the far-right bloc, key factions in the National Assembly, initiated a no-confidence motion against the government. - Kazuo Ueda, Governor of the Bank of Japan, remarked that the central bank is approaching a rate hike, assuming the data evolves as expected. Major Economic Indicators - December 3: U.S. Department of Labor JOLTS Report - December 5: Speech by Federal Reserve Chair Jerome Powell - December 6: U.S. November Unemployment Rate & Nonfarm Payrolls USDJPY Chart Analysis After encountering resistance at the 157 level, USD/JPY has been in a steady downtrend and is currently hovering around the 149 level. This zone has established a support line, making it difficult to determine a clear direction. If the 149 level holds, a rebound toward 154 is anticipated. Conversely, if it breaks below 149, further declines toward 140 could follow.
On this allocation i found entry based off my order block, every time it bounced off the order block i entered a long position.
Global gold prices took a hit, shedding $13.1 to settle at $2,640 per ounce in early Tuesday trading. This drop marked the end of a four-day winning streak for the precious metal, as it faced headwinds from a strengthening US dollar. The US Dollar Index climbed 0.5%, poised for its best weekly performance in over a week. This surge made dollar-denominated gold more expensive for holders of other currencies, dampening demand for the metal. Investors are now turning their attention to upcoming economic data and comments from Federal Reserve officials, hoping to glean insights into the future direction of US interest rates. Adding to the dollar’s strength were recent remarks from President-elect Donald Trump, who emphasized the importance of BRICS nations maintaining ties with the USD, further pressuring gold prices as the week begins.
• Strong Support Level : The stock is holding near a robust support line around $2.50, which has consistently provided a floor for price action in recent months. • Demand Zone : VERI is entering a recognized demand zone, historically marked by increased buying interest, making this a favorable region for potential price recovery. • Entry Price Strategy : It’s advisable to consider an entry slightly below the current support line to account for potential short-term volatility, optimizing risk-to-reward. • Short-Term Price Target : Expectation of a rebound with a target price between $4.50 and $5.00, representing a potential upside of approximately 70-90%. This looks like a good opportunity for a rebound play. Keep an eye on the support levels and be ready to manage any risk if the stock moves unexpectedly.
We can see in 4H time frame is clear we have reached wave 5 or last wave If this pattern perform we can see dump here, but if $3 break maybe another story
The only thing drawing my eyes on dxy is 99.5 I think the bullish move is over. A run above 108 may be likely but I'm not seeing it yet. Sell dollar, buy the other pairs. The perfect entry is now. Dont miss this trade as it will also set the pace for crypto bullrun.
BINANCE:ETHUSDT ? BULLISH failure swing point at 3500-3450 TARGET will be all time high ✔️ ? BEARISH failure swing point at 3500-3450 TARGET will be under 3000k ✔️ Aligned to EMA100 + EMA200
Well...hell yeah! We just had a BULLISH crossover on the MONTHLY MAC'd. How many RED bars can you count? Well? Don't you think we can get at least 7 more BARS of green? OH HELL YEAH. This again is on the MONTHLY time frame, so I would be looking to take profits around JUNE-JULY of 2025. Remember... HEX is a power play on ETHEREUM. How many ETH holders are gonna be looking for a 50X vs a lame 4-5X? We should have a COMBINED price of .50 cent HEX early next year. Don't wait to BUY in on the next dip...I would DCA between now a January. I will update this HEX chart early next year... Good luck! Oh and.. ********* HAVE A HAPPY HEXICAN DAY! **********
The party is about to start for the alt coins . November was bullish ,momentum will be carry on to this month very strong. last time the resistance got taken out alts rally to all time highs . I think this month it will do the same but gradually there is no reason to be bearish in December , under trump there is no reason to be bearish doesn’t mean the markets will keep going up for ever but now is not the time to short the market . Best strategy is buy the dips until the bull run is over . I think total 2 hits 2.5 trillion once the resistance is taken out . Looking forward for alts to keep growing.
After a thorough analysis, I've observed that NVIDIA Corporation (NVDA) closed at $138.64 in the latest trading session. The stock moved sideways during the second half of the day, suggesting consolidation and a potential setup for a significant price movement. Key Levels to Watch Strong Support: $136.75 (indicated by a white dotted line on the chart) Immediate Resistance: $141.17 Upper Target: $149.28 Lower Targets: $135.08, $133.05 Bullish Scenario :- Holding Above $136.75: Remaining above this strong support indicates a possible swing bullish trend. Break Above $141.17: Surpassing this resistance could open the path toward the upper target of $149.28. Consider long positions if the price sustains above $136.75 and especially if it breaks above $141.17. Stop-Loss: Set below $136.75 to manage risk. Take-Profit Levels: First at $141.17, then at $149.28. Bearish Scenario :- Break Below $136.75: A decisive drop below this support within the next 1-2 days could signal a bearish opportunity. Downside Targets: Initial target at $135.08. Potential further decline toward $133.05. Consider short positions if the price falls below $136.75. Stop-Loss: Set above $136.75 to limit potential losses. Take-Profit Levels: First at $135.08, then at $133.05. NVDA is at a pivotal point. The stock's ability to stay above or below the key support and resistance levels will likely determine its next direction. Traders should keep a close eye on these levels and exercise proper risk management due to potential volatility.