We are on the brink of reaching an all-time high in Silver in Canadian Dollars. AND this is deeply oversold on the weekly. This may also be a fortune teller for what's to come in the US.
NZDJPY - 24h expiry The primary trend remains bearish. Price action looks to be forming a top. Preferred trade is to sell into rallies. The hourly chart technicals suggests further upside before the downtrend returns. Bespoke resistance is located at 89.00. We look to Sell at 89.00 (stop at 89.25) Our profit targets will be 88.40 and 88.20 Resistance: 88.90 / 89.10 / 89.40 Support: 88.60 / 88.25 / 88.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
No comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
H4 price action still bullish. Price bouncing off the H4 support zone with 1.6500, trendline and 61.8 as confluence. Longs activated
CRV price has retraced 50% of the last push up since Nov. price has confluence with the midpoint of a local descending channel, and a much larger ascending channel. Possible for a long if price shows reaction on lower timeframes. Chart shows 2 options but need confirmation on lower timeframes. A possible entry could be a scalp entry with stop just below the 0.5 fib mark.
Price is making HHs & HLs on the daily timeframe indicating that we are still in a bullish trend. My Entry: 173.808 My Stop Loss: 173.500 My Take Profit: 174.850 PLEASE BE AWARE THAT THIS TRADE CAN GO IN EITHER DIRECTION SO MANAGE YOUR RISK!!
Looks like BTC is in a descending pattern until early or mid February. People are concerned about the new administration and their initial actions and appear to be holding off or are on holidays. Growth equity and BTC are sideways or slightly deflating while investors are seeking safety in bonds.
Interesting day. The volume is low, but has crept up every so slightly over the last couple of days, and then today’s announcement, which puts the project forward a bit, but doesn’t really clear hurdles. Looking to March for news on the sample testing. The price itself may clear hurdles though, as it looks to test the 200 day ma. We shall see. Return to $.10us, and you could see $0.25 pretty quickly.
If the XRP/BTC 4H chart shows a breakout and then rises by 50%, it could indicate a strong bullish trend and the start of a new market phase. Such a significant increase would likely boost confidence in XRP, especially if it's supported by increased demand or positive fundamental developments. A 50% surge could also signal a major shift in market sentiment. If XRP strengthens relative to Bitcoin, it could influence other altcoins, with investors potentially moving towards XRP in search of better returns. However, it’s important to remain cautious, as such rapid increases are often followed by volatility and quick corrections. This might just be a temporary rally, and it's crucial to closely monitor market conditions and any news surrounding XRP and Bitcoin to get a clearer picture of the future direction. Overall, while a 50% rise is promising, traders should maintain solid risk management strategies. NFA
Simply put, USA needs the interest rate to be lower, it bounces off the long term KLOS then we could see a change in direction for bonds something that next to no one is expecting. Trump is coming into help save the world. So his new team will make structural changes Elon could tweet to all to buy bonds and hey everyone who follows him takes action to save their own butts. Elon fixes the deficit hugely in relative proportions without putting the jobs at risk. That would on the one hand help savers and people with mortgages as if the price of the bonds goes up then interest rates go down. however the loss to Americans from their stock portfolios does not help the total money held by Americans. The box represents only 7% away price may reverse at round number 100, which is not so far away now. This area offers strong KLOS for a bounce from 2004 levels You could get short term fed notes which pay well and would benefit from any reduction in interest rates. I think these would hold their prices or go up a bit because they may get bid but the money moving out of equites. Interest rates to move lower ? (with a bit of dollar weakness ?) this will reduce the payments all governments need to make globally so as to stretch their budgets rather then raise taxes.