The S&P (US500) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on Friday 24th Jan the S&P index price action is consolidating in a sideways trading range. The key trading level is at 6012, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 6012 level could target the upside resistance at 6080 followed by the 6117 and 6130 levels over the longer timeframe. Alternatively, a confirmed loss of 6012 support and a daily close below that level would negate the bullish outlook targeting a further retracement and a retest of 5964 support level followed by 5925. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ENEOS HOLDINGS: REVENUE GROWTH, MAJOR IPO & DECARBONIZATION STRATEGY 1/8 Big News: Eneos Holdings ($5020.T) reported ¥14.97T revenue for FY 2024 (+9.8% YoY) thanks to higher oil prices & solid refining demand. They’ve also announced a massive JX Advanced Metals ($JXAM) IPO worth up to ¥460B—Japan’s largest in 7 years! ?? 2/8 – EARNINGS SNAPSHOT • FY Net Income: ¥320.5B (↓12% YoY) due to rising costs & green investments ?⚡️ • Q3 Net Income: ¥85.4B (+3% QoQ) on cost optimization + refining margin boost • Dividend: ¥22/share—they’re not skimping on shareholder returns ?? 3/8 – SIGNIFICANT FINANCIAL EVENTS • JXAM IPO coming Mar 19, 2025—selling 50.1–58% stake • Could raise $2.6– SEED_TVCODER77_ETHBTCDATA:3B —funding Eneos’ decarbonization pivot & fueling shareholder value ? • Market reacted positively (+1% in Eneos stock), while broader Japanese market stayed flat ⚖️ 4/8 – SECTOR COMPARISON • Valuation: P/E ~8.5 vs. global oil refiners (~10.2) & metals (~12.1) ? • Revenue Growth: +9.8% outpacing Shell (6.2%) & ExxonMobil NYSE:XOM (7.8%), but below BHP (12.4%) • Undervalued? P/B ~0.9 vs. sector avg. 1.3, EV/EBITDA 6.8 vs. peers at 7.5. Looks attractive! ? 5/8 – RISK FACTORS • Oil Price Volatility: Refining margins can flip on a dime ⛽️? • Geopolitical Tensions: Japan relies heavily on energy imports ? • Energy Transition Costs: ¥150B budget for renewables—major capex needed ♻️? • JXAM IPO Execution: A poor market reception = potential stock hit ⚠️ 6/8 – REGULATORY & DECARBONIZATION • Japan targets net-zero by 2050—Eneos faces higher compliance costs ? • Carbon capture & hydrogen investments: Could future-proof Eneos, but short-term margins may tighten ?⚡️ 7/8 – SWOT HIGHLIGHTS • Strengths: Diversified (refining + metals + renewables), top-tier Japanese refiner ? • Weaknesses: Profit margin (2.1%) lags peers, heavy capex for transition ? • Opportunities: JXAM IPO frees capital; renewables & hydrogen for growth ?? • Threats: Shift away from fossil fuels, market skepticism ?⚡️ 8/8 Where do you see Eneos in 2025? 1️⃣ Bullish—Decarbonization + IPO = huge upside! ? 2️⃣ Cautiously Optimistic—Valuation looks good, but risks are real ? 3️⃣ Bearish—Oil refining can’t outrun global transitions ? Vote below! ?️?
At a weekly level, Audusd is taking flight for a good buy. Zone refined to H1
to me gbpusd is going for demand zone down here so im going short
The chart shows that gold (XAUUSD) is currently in a descending channel after a strong uptrend. The price is testing a major support zone around 2883, and a break below this level with bearish confirmation could lead to further downside. the bearish structure suggests more downside pressure. Keep an eye on confirmation signals before taking a position. If gold breaks below 2883, the first short-term target would be 2865. If bearish momentum continues, the next target would be around 2845, followed by the key support at 28 72. Watch for confirmation before entering a position.
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price entered a downward triangle, where it at once rebounded from the resistance line and started to decline. In a short time, the price fell to the resistance level, which coincided with the seller zone, broke this level, and dropped until to support line of the triangle, breaking the support level too. Next, BTC turned around and made a strong impulse up, breaking 95000 and 100000 levels, after which it turned around and started to decline. Price later fell below the 100K level, breaking it, and continued to fall next. Later BTC rose to the 100K resistance level, but at once turned around and dropped to the support level, which coincided with the buyer zone. After this, the price rebounded from the buyer zone and reached the resistance line of the triangle, and then corrected back. Then Bitcoin started to grow, so, I think that the price can correct to the support line and then rise to the resistance line and break it, thereby exiting from the triangle pattern. Then BTC will continue to grow, therefore I set my TP at 99K points. Please share this idea with your friends and click Boost ?
On the 1 hour timeframe EUR USD has formed a Bullish Break and Retest Pattern. Now we will wait for the price to pull back to the retest level then enter base off candlesticks confirmations. What are your thoughts on EU ?
A very suggestive bullish engulfing again. Single, isolated Japanese candles are meaningless by themselves. But when taken in context, they can paint a meaningful picture, as in this case.
Bitcoin Chart Analysis in the 4-Hour Time Frame 1. Market Overview Currently, based on the analysis of weekly and monthly time frames, the Bitcoin market is in an upward trend, and we are waiting for a market correction. The drawn channel currently shows a soft price decline. Therefore, I have identified suitable sell positions: Resistance Line: 102724.38 IFC Daily Candle: 103278.54 2. Technical Analysis of the 4-Hour Time Frame In the 4-hour time frame, we have observed a Change of Character (CHoCH), indicating a temporary correction in the price trend. Our expectation is that after the correction ends, the price will reach the level of 86561.35 dollars. I will update the price chart again in the future. Thank you for your support, dear friends! Wishing you all the success! Fereydoon Bahrami A retail trader in the Wall Street trading Center (Forex) Risk Disclosure: Trading in the crypto market is risky due to high price changes. This analysis is just one person's opinion and shouldn't be taken as financial advice. Before investing, it's best to talk to a financial advisor and do your own research. You are responsible for any profits or losses from this analysis
GBP/CAD is trading at approximately 1.7800. Our target price of 1.8200 suggests an anticipated upward movement of 400 pips. This projection aligns with a bullish outlook, particularly as the pair appears to be finding support between the 50% and 61.8% Fibonacci retracement levels. Technical analysis indicates that GBP/CAD is approaching a pullback support level near 1.7806, which aligns with the 50% Fibonacci retracement. This area may serve as a foundation for a potential bullish bounce toward the first resistance level at 1.7968. The confluence of the Fibonacci retracement and support levels strengthens the case for a rebound. Fundamentally, the British Pound has been influenced by the Bank of England's interest rate decisions, while the Canadian Dollar has faced pressure from declining oil prices. These factors contribute to the current bullish sentiment for GBP/CAD. In summary, GBP/CAD is exhibiting bullish potential, supported by key technical levels and fundamental factors. Traders should monitor the 1.7806 support level and the 1.7968 resistance level, as well as broader economic indicators, to make informed trading decisions.