Keeping in mind this is a busy economic data week. The Euro still looks positioned to keep the momentum of Germany's stimulus packages. Federal Reserve Meeting: The U.S. Federal Reserve is expected to announce its interest rate. Investors will monitor the Fed's quarterly economic forecasts and Chair Jerome Powell's comments for clues about the path of monetary policy going forward, even if no change is anticipated. Both the BOE and the BOJ central banks are expected to announce their interest rate decisions. While the BoJ's decision is still up in the air, given recent economic statistics, the BoE is expected to stick to its present policy position. Bullish Trade Idea. Thesis: The euro will strengthen against the U.S. dollar, targeting 1.1000 due to improved European fiscal policies and a less hawkish Federal Reserve. Entry: Buy at range 1.0875 - 1.0890 (current support zone) Take Profit (TP): Range 1.0990 - 1.1000 (psychological and technical resistance) Stop Loss (SL): 1.0830 (below key support). Risk-Reward Ratio: 1:2.5 My rationale: Germany’s fiscal expansion and increased EU spending will boost economic optimism for the euro. he Fed is expected to hold rates steady, and if Powell signals no urgency to hike, it could weaken USD demand. Bearish Trade Idea: Thesis: The U.S. dollar will regain strength if the Federal Reserve adopts a less dovish tone, sending EUR/USD toward 1.0750. Entry: Sell at range 1.0940 - 1.0960 (near key resistance) Take Profit (TP): 1.0760 - 1.0750 (strong support) Stop Loss (SL): 1.1000 (above resistance). Risk-Reward Ratio: 1:2.2 My rationale: If Powell hints at further rate hikes, it could increase U.S. bond yields, supporting USD. Fed’s economic projections (dot plot) could indicate fewer rate cuts in 2025, increasing USD demand. Ongoing global trade tensions (U.S.-China tariffs) could lead to risk-off sentiment, benefiting the dollar or investors may rotate into USD as a defensive move.
March has been a fantastic trading month for me so far. I'm out of drawdown and showing a half-decent profit. This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England. At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the potential of higher US inflation, I'm bullish. On the other hand, I see the potential downside of the dollar based on US uncertainty, possible US recession, and the US losing its spot as a safe-haven and stable investment environment... ?♂️ What do you think?
NZDJPY is currently trading at 85.900, forming a descending channel pattern, signaling a potential breakout. This pattern often leads to bullish reversals, and once the price breaks above the resistance zone, we could see strong upside momentum toward the 90.000 target. A successful breakout with increased volume will confirm the bullish wave, leading to an anticipated gain of 300+ pips. From a technical perspective, the pair is testing key resistance levels within the descending channel, and a breakout will align with major trend continuation signals. If buyers maintain control, we could see the price rally towards 87.500 first, followed by a push toward 90.000 psychological resistance. Traders should watch for confirmation signals such as strong bullish candles, RSI divergence, and volume spikes to validate the breakout. On the fundamental side, market sentiment and risk appetite are favoring jpy pairs, with the New Zealand dollar benefiting from commodity price stability and global risk-on sentiment. Meanwhile, the Bank of Japan's cautious stance on monetary tightening keeps jpy under pressure, further supporting upside potential for nzdjpy. If risk sentiment remains positive, the pair could maintain its bullish outlook, making the 90.000 target highly achievable.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This 1-hour chart for the Bitcoin market cap ( CRYPTOCAP:BTC ) suggests a potential bullish breakout. ? Major Support: The price recently tested and respected a strong support zone, indicating buyers are stepping in. ? Triangle Formation: A symmetrical triangle is forming, which typically leads to a breakout. ? Weak High & ATH Target: If the breakout occurs, the market cap could push past previous highs, targeting the 1.88T level and beyond. ? Bullish Scenario: A successful breakout above the triangle’s resistance may trigger an uptrend towards the weak high, followed by an attempt to reach new all-time highs (ATH). ? Key Levels to Watch: Support: 1.65T Breakout Confirmation: 1.66T+ Target: 1.88T This setup suggests a bullish continuation, but a failed breakout could lead to a retest of support. Keep an eye on volume and momentum for confirmation. What are your thoughts? Will BTC market cap break out soon? ?? #Bitcoin #BTC #Crypto #Trading #TechnicalAnalysis
Ripple coin is getting closer and closer to 200EMA, where we expect to catch a good short position! More in-depth info is in the video—enjoy! Swallow Team
Coming straight into the Monday session with another bullish bias on gold. We've maintained a bullish outlook on this pair for several months, despite briefly shifting to a bearish bias for a few days before returning to a bullish stance. This shift aligns with our daily bias indicator, as clearly outlined in our trading system's rule set for the week. As always, we’re looking for a run on any high-liquidity or relatively high-liquidity lows. If such an interaction occurs, it can serve as a cue to enter the market in our bias direction. Our targets remain the highs, and we anticipate gold creating another all-time high from its current levels. This is, of course, a purely expansive scenario. If we see a pullback, price may reach a more favorable region for buying opportunities. Gold is a highly expansive pair, and we recognize that the probability of a pullback is just as likely as price continuing to expand without retracing. With that in mind, we may not always find an entry to follow this move higher—but that’s completely fine. We follow our plan, manage our risk, and let Orion guide us.
Yo! It's a new week. I'm assuming this week is going to be bullish. Let's see what price is going to do. ToWhomItMayConcern ?
We got a abc correction, 5 waves down for the end of wave c exactly at the 382 fib. Target at 35 -70.
What's happening, everybody? Hope you all had an amazing weekend and are ready for another trading week! We're starting this week with EUR/USD. Last week, we were bullish and saw a clean run of the highs we had set as our targets. Now, we're following up with another bullish week, with our bias indicating more upside ahead. We have two major targets currently in place, one of which is a daily high. We're looking for this level to be met to continue the overall bullish momentum we discussed last week. When it comes to entries, we're focused on higher points of liquidity. These liquidity points are currently sitting below price as we look to push into the highs. Of course, we always aim to buy from lows and ride into the highs, but if price continues expanding and meets our targets, we will adjust accordingly—waiting for new lows to be established before reassessing our entries. A clear understanding of the daily bias, provided by the V-1 indicator, is key. Remember, the market moves as it wants, and if we're fortunate enough to be given an opportunity to engage, we will capitalize on it. Stick to your plan, follow your risk management, and let Orion guide the way.