Similar to my previous post on BN, Nifty is now setting up for a short trade. Notice that the index is struggling to make fresh highs. Notice the Lower Highs being formed. In my analysis, if we get a negative candle closing below 24,250 it can lead to short covering and we can have a snap back to the mean. This is again a Mean Reversion set up that I'm targeting similar to BN.
The early months of 2025 have seen the Russian Ruble emerge as the world's top-performing currency, achieving a significant appreciation against the US dollar. This unexpected rally is largely attributed to robust domestic economic measures. Faced with persistent inflation exceeding 10%, the Central Bank of Russia implemented a stringent monetary policy, raising the key interest rate to a high of 21%. This aggressive stance not only aims to curb price growth but also makes the Ruble highly attractive to foreign investors seeking elevated yields through carry trade strategies, thereby increasing demand for the currency. Furthermore, a healthy trade surplus, marked by increased exporter conversion of foreign earnings, has bolstered the Ruble's supply-demand dynamics. Beyond internal economics, shifting geopolitical perceptions have played a vital role. Growing market anticipation of a potential ceasefire in the Ukraine conflict has notably reduced the perceived political risk associated with Russian assets. This improved sentiment encourages some international investors to return cautiously to Russian markets. Concurrently, a weakening trend in the US dollar, influenced by evolving US trade policies, has amplified the Ruble's relative strength on the global stage. Strategically, Russia's ongoing efforts to decrease its reliance on the US dollar are also providing underlying support for the Ruble. Initiatives promoting trade settlements in national currencies, such as recent agreements enabling Ruble payments with Cuba, reflect a long-term pivot towards establishing alternative financial channels. However, this Ruble strength presents challenges, particularly for the state budget heavily dependent on converting dollar-denominated oil revenues. A stronger Ruble yields fewer domestic funds, potentially straining finances, especially amidst volatile global oil prices. The balancing act between maintaining high rates to control inflation and mitigating their impact on domestic credit and investment remains a critical consideration for policymakers.
? COT Overview – CAD & USD Futures ?? Canadian Dollar (CAD) Asset Managers: Still net short, but recovering fast → from -150K to nearly -50K. Leveraged Money: Strong bullish reversal from -100K to -30K and climbing. ✅ Interpretation: Institutions are flipping bullish on CAD → Bearish pressure on USDCAD. ?? US Dollar (USD) Asset Managers: Cutting long exposure since March. Leveraged Money: Losing conviction → neutral to slightly long. ⚠️ Interpretation: USD is structurally weakening → adding to the USDCAD bearish bias. ? Technical Analysis Price has returned to the key demand zone (1.3700–1.3850) for the third test. Candles are compressing → signal of upcoming volatility. RSI remains weak, no bullish divergence → no clear reversal yet. ? Key Levels: Support: 1.3700 → A confirmed break opens space toward 1.3550–1.3480. Resistance: 1.3950–1.4100 ? Trade Scenarios ? Breakdown trade below 1.3700 → Target: 1.3480 ? Pullback short on rejection from 1.3950–1.4000 → SL above 1.4100 ? Long only with a bullish engulfing weekly close + RSI divergence ✅ Summary COT Bias: Bearish USDCAD → CAD strengthening, USD weakening Technical Structure: Support under pressure, breakout likely Preferred Play: Short continuation on breakdown or pullback rejection
https://www.tradingview.com/x/I1Nsih8W/ US30 is on its way to fill the gap up that was formed 2 days ago. It looks like the market will reach a gap opening level soon. I expect a bearish movement at least to 39285 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
In the TradingView columns dated April 14 and April 22, we offered two analyses of the bitcoin price with a bullish anticipation. Since then, the market has moved in an upward direction, and our technical and fundamental views seem to have been confirmed. I therefore invite you to take the time to reread our two previous analyses of the bitcoin price, which are attached to this new article. Our market view is updated in this new analysis. https://fr.tradingview.com/chart/BTCUSD/1cg1W39I-Positive-correlation-between-global-money-supply-M2-and-BTC/ BTC has thus confirmed its alignment with the evolution of global money supply (M2 global liquidity) The study of bitcoin's price history over the last 15 years has highlighted a very interesting positive correlation. This positive correlation links the trend in global money supply to the underlying trend in the bitcoin price. The BTC market is indeed volatile and speculative, and its price orientation is therefore strongly influenced by the amount of liquidity in circulation worldwide. It is the M2 monetary aggregate that best represents the liquidity present in a country at a given time, and it is therefore the sum of the M2s of the world's major economies that constitutes the global money supply. The table below provides an overview of how the global money supply or global liquidity is calculated. https://www.tradingview.com/x/pyyQ7eCr/ The bitcoin price is breaking through resistance, confirming its positive correlation with global liquidity, taking into account a time lag of around 80 days The bitcoin price has risen by over 12% since the beginning of April, and this week saw an important technical signal. BTC made a bullish technical break of resistance at 88,000 US dollars, the former lower end of the trading range that extended from December to February. Breaching this technical threshold is a promising first signal that bitcoin's upward recovery is set to continue. Naturally, we need to remain cautious, and confirmation at the next weekly technical close will validate this market price rebound. In any case, and as the chart below shows, Bitcoin still seems to be acting in correlation with the global liquidity trend, and if this correlation continues to exist, then the second half of spring could see the price of BTC rise towards its all-time high. This market view would be invalidated should the new technical support at 88,000 US dollars be broken. https://www.tradingview.com/x/gRruOYyP/ DISCLAIMER: This content is intended for individuals who are familiar with financial markets and instruments and is for information purposes only. The presented idea (including market commentary, market data and observations) is not a work product of any research department of Swissquote or its affiliates. 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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts suffer capital losses when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Digital Assets are unregulated in most countries and consumer protection rules may not apply. As highly volatile speculative investments, Digital Assets are not suitable for investors without a high-risk tolerance. Make sure you understand each Digital Asset before you trade. Cryptocurrencies are not considered legal tender in some jurisdictions and are subject to regulatory uncertainties. The use of Internet-based systems can involve high risks, including, but not limited to, fraud, cyber-attacks, network and communication failures, as well as identity theft and phishing attacks related to crypto-assets.
Macro: - The crypto market rebounded as sentiment improved following the US Treasury Secretary's proposal to ease stablecoin regulations, boosting trading volumes and risk appetite. - On-chain data reflects growing activity. The average bitcoin trade size rose 15% MoM, overall volume jumped, and 78% of supply is now in profit. - Liquidity support from the increasing M2 money supply in China and the US has further enhanced bitcoin's appeal. Technical: - BTCUSD surged to resistance near 94300, aligning with the 100% Fibo Extension, before forming a Doji candle that signals possible correction. The price remains above both EMAs, indicating a bullish shift. - If the price breaks below 92000, it may leads to a pullback toward the 87000–90000 support zone, near the 23.6%-38.2% Fibo Retracement levels. - A breakout above 94300 may open the door for a move toward the next resistance around 101400. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
CME_MINI:NQM2025 - PR High: 18842.25 - PR Low: 18740.50 - NZ Spread: 277.5 Key scheduled economic events: 08:30 | Initial Jobless Claims - Durable Goods Orders 10:00 | Existing Home Sales Previous session gap remains unfilled - Advertising rotation inside daily Keltner average cloud Session Open Stats (As of 12:45 AM 4/24) - Session Open ATR: 734.74 - Volume: 36K - Open Int: 238K - Trend Grade: Bear - From BA ATH: -17.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19246 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
EURCHF SHORT FORECAST Q2 W17 D24 Y24 Professional Risk Managers? Welcome back to another FRGNT chart update? Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! ?Trade confluences? ✅Weekly 50 EMA ✅Daily 50 EMA ✅Intraday 15' bear breaks of structure REQUIRED ✅Tokyo ranges to be filled ✅Daily highs rejection ? Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. ?The rest, we leave to the balance of probabilities. ?Fail to plan. Plan to fail. ?It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. ?Trade consistent, FRGNT X ✌️ Hey, while you’re here! Like, follow & take a look at my socials! ? INSTAGRAM @JCFRGNT ? TWITTER @FRGNTCAPITAL
The price is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.1270 1st Support: 1.1141 1st Resistance: 1.1427 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Just an hour after Switch 2 pre-orders went live on April 24 in the United States, Kotaku has spotted over two dozen eBay listings for the upcoming Nintendo console. Some are real. Others are actually people making fake listings to throw off bots and scalpers. Read more...