DXY Will Go Down From Resistance! Short!
Here is our detailed technical review for DXY.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 108.210.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 107.439 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Community ideas
Technical idea on 4h time frame on USDJPY . Testing of trendlineUSDJPY 4H Analysis – February 10, 2025
📉 Breakdown Below Trendline – Bearish Outlook
The chart shows that USDJPY has broken below a key ascending trendline, signaling a potential shift in momentum from bullish to bearish.
Price retested the broken trendline and horizontal resistance (152.147 - 153.000) before rejecting lower, confirming the breakdown.
📊 Potential Target: 146.000 - 145.500 Zone
The next key support level is the purple demand zone around 146.000 - 145.500, which aligns with previous price action.
The measured move suggests a 4.52% decline (-6.897 points) from the rejection zone.
📌 Key Levels to Watch:
Resistance: 152.147 - 153.000 (previous support turned resistance).
Support: 146.000 - 145.500 (major demand zone).
⚠️ Bearish Confirmation & Risk Consideration
A daily close below 152.000 could further confirm the downward move.
However, if the price reclaims 153.000, the bearish scenario would be invalidated.
🔍 Conclusion: Current price action suggests a bearish move toward 146.000, but traders should watch for further confirmation before entering short positions. 🚀
BEARISH SWING SETUP ON EU The last setup I posted was bullish and did give a good reaction that I took as confirmation however the trade did not play out. This then caused a bearish choch on the daily and price has since pulled back and is now showing bearish structure.
Both swing and internal structure on the 4H timeframe and above are bearish so that is the direction I'm following right now.
Fractal structure on the 4H is currently bearish and I will continue trading in that direction targeting January's low.
XAUUSD Analysis Today : Trend Following Trading StrategyHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Breaking: Solana Reclaims $200 MarkIn a surprising turn of events, Solana (SOL) has surged past the $200 resistance level, defying the broader crypto market's cooling trend. While Bitcoin (BTC) dipped to the $95,000 support level and the Crypto Fear & Greed Index slumped to 35—indicating a fearful market—Solana has emerged as a standout performer.
Why Solana Stands Out
Solana, launched in March 2020 by the Solana Foundation, has quickly risen to prominence as a high-performance blockchain platform. Designed to facilitate decentralized application (DApp) development, Solana combines proof-of-history (PoH) with proof-of-stake (PoS) to achieve unparalleled scalability and speed. This hybrid consensus model allows Solana to process thousands of transactions per second (TPS) at a fraction of the cost of competitors like Ethereum.
Key Fundamentals Driving SOL's Growth:
1. Decentralized Finance (DeFi) Accessibility: Solana's focus on making DeFi accessible to a broader audience has attracted both retail and institutional investors.
2. Institutional Interest: Solana's ability to handle high-volume transactions without compromising decentralization positions it as a viable long-term player in the blockchain space.
3. Ecosystem Growth: The Solana ecosystem continues to expand, with projects ranging from decentralized exchanges (DEXs) like Serum to NFT marketplaces and gaming platforms.
Technical Analysis
As of the time of writing, Solana is trading at $205, up 2.29% in the last 24 hours.
Key Technical Indicators:
1. Relative Strength Index (RSI): SOL's RSI is currently at 45, indicating a neutral to slightly bearish sentiment. While this suggests the potential for a trend reversal, the recent candlestick patterns hint at a possible bullish surge.
2. Candlestick Patterns: The recent closing prices and candlestick formations suggest a bullish momentum. If this trend continues, CRYPTOCAP:SOL could target the $248 resistance level, which aligns with the 38.2% Fibonacci retracement level.
3. Support and Resistance Levels: The $200 level has now flipped from resistance to support, providing a strong foundation for further upward movement. However, a slight downtick could see CRYPTOCAP:SOL retesting its 1-month low, serving as a cooling-off zone before another potential rally.
4. Volume and Liquidity: With a 24-hour trading volume of nearly $4 billion, Solana is experiencing significant liquidity. This high volume indicates strong market participation, which is often a precursor to sustained price movements.
The Road Ahead: Bullish or Bearish?
While Solana's recent performance is impressive, the crypto market remains highly volatile. Here are the key factors to watch:
Bullish Case:
- If SOL maintains its momentum and breaks above the $210 resistance, it could target the $248 level, representing a 20% upside from current prices.
- Continued ecosystem growth and institutional adoption could drive long-term demand for SOL, pushing it to new all-time highs.
Bearish Risks:
- A failure to hold the $200 support level could lead to a retracement to the 1-month low, potentially cooling off recent gains.
- Broader market conditions, including Bitcoin's performance, could impact SOL's trajectory. If BTC experiences further downside, it could drag SOL along with it.
Conclusion
As the "Ethereum killer," Solana continues to prove its worth in the blockchain space. Keep an eye on this altcoin—it may just be getting started.
GOLD (XAUUSD): Bullish Trend Continuation PatternI have seen a promising bullish pattern on hourly time frame on 📈Gold.
Following a new higher high, the market started a correctional movement within the expanding channel, known as a bullish flag pattern.
Bullish breakout of the resistance of the flag is a strong bullish trend-following signal that indicates the strength of the buyers.
It is highly likely that the market will continue to rise and potentially reach a new all-time high. Targets are set at 2880 / 2890
$UBER UBER’S RIDE TO PROFITABILITY & BEYOND?UBER’S RIDE TO PROFITABILITY & BEYOND?
1/8 Uber ( NYSE:UBER ) just keeps on rolling! 🚀🚖
From 20% YoY growth in gross bookings to a SEED_TVCODER77_ETHBTCDATA:7B stock buyback, here’s what you need to know about this market heavyweight.
2/8 – RECENT REVENUE GROWTH
• Q1 FY24: Gross bookings hit $37.7B (+20% YoY)
• Revenue: $10.1B (+15% YoY), beating estimates by FWB:40M
• Uber’s firing on all cylinders—mobility & delivery both on the rise
3/8 – EARNINGS & PROFITABILITY
• Operating margin up from -3% to 2%—that’s a serious pivot to profit
• Adjusted EBITDA soared 82% to $1.4B
• First annual profit since going public in 2019. Party time! 🎉
4/8 – BUYBACKS & BULLISH GUIDANCE
• SEED_TVCODER77_ETHBTCDATA:7B stock buyback → market approves, stock at all-time highs 📈
• Gross bookings outlook: +15–20% for the next 3 years
• EBITDA growth pegged at ~40%—can they keep the momentum?
5/8 – VALUATION SNAPSHOT
• Forward P/E ~35x—a bit high, but consider the growth & dominance
• Market cap ~$140B vs. robust free cash flow projections
• Competition (Lyft, DoorDash) often has higher P/E or shakier growth
6/8 Is Uber undervalued given its trajectory?
1️⃣ Yes—ride (and deliver) the wave!
2️⃣ No—too pricey at 35x forward P/E
3️⃣ Maybe—needs more proof (robotaxi success?)
Vote below! 🗳️👇
7/8 – SWOT/SCOT TAKE
Strengths: Global brand, diverse services, Waymo partnership 🤖
Challenges: Regulations, high op costs, fierce competition
Opportunities: New markets, AI, autonomous tech
Threats: Legal hurdles, changing consumer habits
8/8 – WHAT’S NEXT?
Uber’s aiming for an autonomous future—could that turbocharge margins? ⚡️🏁
The Fed's fight against inflation is not over yet➡️ Both analysts and investors expect gold prices to continue to increase in the coming days, as they are being supported by many factors, especially related to US President Donald Trump's tax policy with many trade partners.
➡️ In the latest development, Mr. Trump announced that he would impose a 25% tax on all aluminum and steel imports into the country.
➡️ This information has caused investors to continue to seek gold as a safe haven against fluctuations in the international trade situation.
“The global upward momentum started in October 2023 after the US Federal Reserve (FED) signaled to loosen monetary policy and reduce the pace of interest rate increases. From October to November 2024, after increasing 55% to 2,790 USD/ounce, gold experienced a strong profit-taking phase, pulling the price down to 2,550 USD/ounce, corresponding to a 76.4% correction compared to the previous increase.
After several weeks of struggle between buyers and sellers, stable buying momentum returned at the end of December. The fact that gold exceeded 2,800 USD/ounce at the end of January 2025 opened up expectations for a new wave of growth. If this trend continues, gold prices could reach $3,400/ounce from August to October this year.”
Resilient Silver: Charting a Bullish Path ForwardCurrently hovering just above the intersection of minor horizontal and uptrend support, with momentum indicators such as RSI (14) and MACD continuing to generate bullish signals, a potential long setup is emerging in silver.
Bulls could consider establishing longs above $31.75, with a tight stop beneath this level or the minor uptrend established on January 27. Potential targets include the February 7 high of $32.65 and $33.10.
Although the evening star pattern completed last week signalled downside risks, they failed to materialise on Friday despite tricky market conditions triggered by the US payrolls report and escalating trade tensions. Even with higher US bond yields and a stronger dollar, silver remained resilient, reinforcing the merits of the setup being considered.
Good luck!
DS
Trading Idea for GBPJPY
🔹 Market Overview:
Analyzing the current trend, key support & resistance levels, and potential price action scenarios.
🔹 Risk Management:
Setting stop-loss and take-profit levels to ensure proper risk-reward ratio.
📢 Disclaimer: This is not financial advice. Always do your own research and trade responsibly!
EURJPY - Intraday forecast, Technical Analysis & Trading Ideas💡 H4: ShortTerm Forecast:
Price rejected from Downtrend and Sell Zone.
Sell Zone: 163.18 ~ 164.84
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 164.84
💡 H1: Intraday Forecast:
The Uptrend is broken, and the price could start an impulse wave.
Sell Zone: 162.71 ~ 163.18
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 163.18
XAUUSD analysis for the weekLet’s craft a forward-looking analysis for XAU/USD (gold) based on plausible macroeconomic narratives, historical patterns, and potential catalysts. Keep in mind this is a speculative exercise—actual outcomes depend on unpredictable events.
Key Factors Shaping XAU/USD
1. Federal Reserve Policy
Bullish for Gold: Lower real interest rates reduce the opportunity cost of holding non-yielding gold.
Risk: If the Fed pauses or signals a "higher for longer" stance due to sticky inflation, gold could face headwinds.
2. U.S. Dollar Dynamics
A weaker USD (due to rate cuts or fiscal concerns, e.g., U.S. debt sustainability debates) would amplify gold’s appeal.
A stronger USD (safe-haven demand during a global recession or Fed policy reversal) could pressure gold.
3. Global Recession Risks
If major economies (EU, China) slide into recession, gold may rally as a safe haven, even if the USD strengthens temporarily.
4. Geopolitical Landscape
U.S. Election Aftermath: Policy uncertainty post-2024 election (taxes, tariffs, fiscal spending) could drive volatility.
New Conflicts: Escalation in Taiwan, Middle East, or Russia-NATO tensions would boost gold demand.
5. Central Bank Demand
Continued diversification away from USD reserves (e.g., BRICS+ nations) may sustain structural gold buying.
6. Inflation Trends
A resurgence of inflation (e.g., energy shocks, supply chain disruptions) would reignite gold’s role as an inflation hedge.
Scenario 1: Bullish Rally (2900–3000)
Catalysts:
Fed cuts rates aggressively (150+ bps total) amid a U.S. growth slowdown.
China’s property crisis spirals, triggering global risk-off sentiment.
Middle East conflict disrupts oil flows, spiking inflation.
Technical Outlook: A breakout above $3,000 (psychological barrier) could trigger algorithmic buying and FOMO momentum.
Scenario 2: Bearish Correction (2800-2600)
Catalysts:
Fed halts cuts due to stubborn inflation (CPI rebounds to 3.5%+).
USD surges as EU/Japan face deeper recessions.
Central banks slow gold purchases, ETFs see outflows.
Technical Outlook: A drop below $2,800 (hypothetical 2024 support) could trigger stop-loss cascades.
Scenario 3: Sideways Churn (2750-2900)
Catalysts:
Markets digest conflicting data (mixed growth, moderate inflation).
Geopolitical “cold wars” (U.S.-China tech/trade) persist without escalation.
Technical Outlook: Range-bound action as bulls and bears await clarity.
Strategic Takeaways
Prepare for Volatility: Gold will react sharply to Fed policy shifts and geopolitical “surprises.”
Watch the USD: A sustained DXY breakdown below 106 could turbocharge gold’s rally.
Risk Management: Use options or trailing stops—gold’s moves could be exaggerated in thin liquidity.
Final Note
By February 2025, gold’s path will depend on how 2024’s unresolved macro risks (debt, inflation, elections) unfold. While the long-term bullish case for gold remains intact (debasement hedging, de-dollarization), short-term swings will hinge on Fed credibility.
PLEASE BOOST US FOLLOW US AND SHARE OUR ANALYSIS
BTCUSDT Analysis BTC broke the downtrend line, and bullish momentum is on. The price bounced after the breakout point (green region) retest of $95,611, reaffirming firm support.
Hoping for a potential 6.76% return at $102,431!
The bulls will remain dominant if BTC stays above $95,611. A dip below this level will disrupt the setup.