Support and Resistance
GBPUSD Pullback Another Bullish PatternThe GBPUSD recently closed around 1.33750, testing a key support zone. Although there are signs of potential further decline, the broader outlook depends significantly on the strength of the US Dollar.
A corrective move against the backdrop of a strong overall trend is within normal expectations, and bullish sentiment remains intact.
If buyers are able to defend the 1.33750 – 1.33600 support zone, a pullback or reversal could be expected then next resistance would be 1.36004 / 1.37001.
You can find more details in the chart Ps Support with like and comments for more better analysis Thanks for Supporting.
Converging triangle, may rise again in the short termUnder the influence of recent tariffs and the Federal Reserve's interest rate cuts, the main trend of the gold market remains bullish, but from the weekly and monthly level analysis, there is a high probability that it will pull back again after this round of highs and maintain a large range of fluctuations at a high level. Technical analysis shows that gold currently does not have the conditions for a unilateral surge at the daily level. Although the key level of 3345 has been broken, the continuity of the market is extremely poor, and volatility is still the main theme. At present, the trend of gold has formed a converging triangle pattern, and it may rise again in the short term. However, we need to be vigilant that the weekly line may form a high-rise and fall pattern, and the price of gold may fall back to 3300! Therefore, in today's late trading, you can consider retreating to the 3335-3330 area to go long
OANDA:XAUUSD
EURAUD FORMING BEARISH FLAG PATTERN IN 4H TIME FRAMEEURAUD Bearish Flag Pattern Suggests Further Downside Ahead
The EURAUD pair is currently exhibiting a bearish flag pattern on the 4-hour chart, indicating a potential continuation of the downtrend. Price action remains confined within a secondary corrective phase, but the primary bearish trend is expected to resume soon. Traders should watch for another bearish flag formation in the upcoming sessions, reinforcing the likelihood of further declines.
Key Observations:
1. Bearish Trend Structure: The pair has been moving in a clear downtrend, with lower highs and lower lows confirming seller dominance.
2. Secondary Trend Phase: The current consolidation represents a temporary pause before the next leg down.
3. Bearish Flag Formation: The flag pattern suggests a continuation signal, with a potential downside target near 1.76400.
Trading Strategy:
- Entry: Consider short positions only after a confirmed breakdown below the flag’s support with strong bearish momentum.
- Target: The measured move projection points toward 1.76400, but partial profits can be taken along the way.
- Stop Loss: A conservative stop should be placed above the recent swing high to limit risk in case of a false breakout.
Risk Management:
- Maintain a disciplined risk-reward ratio (at least 1:2).
- Avoid aggressive entries; wait for clear confirmation (e.g., a strong bearish candle closing below support).
Conclusion:
EURAUD remains bearish, and the formation of another bearish flag reinforces the possibility of further downside. Traders should remain patient for a confirmed breakdown before entering short positions while adhering to strict risk management rules.
Bitcoin in New Ascending channel wait for 160K$As we can see Price broke previous ATH & channel resistance together and is holding strong, if it continue soon new channel is path to claim for Price based on chart and targets like 160K is just easy to hit.
So get Ready for new Highs and ATH here also this breakout to upside was mentioned in previous analysis and now that it is happening don't get surprise if you see notifications like Bitcoin new ATH 150K$.
DISCLAIMER: ((trade based on your own decision))
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ETHUSDT Ready for 3K$ and New possible ATH after YearsSoon Red trendline resistance And 4K$ resistances will break and market will easily continue this bull Move and reaching new highs here After each other.
I am expecting more rise here at least to 3500$ near red trendline resistance and only after a valid breakout there more pump is expected like green arrow.
DISCLAIMER: ((trade based on your own decision))
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Wooow DOGEUSDT breakout happening Major resistance which is 0.22$ and is also channel resistance is breaking and BINANCE:DOGEUSDT would be nonstop bullish after that at least for a while to the targets like 0.40$ and 0.60$.
As we can see on the chart here is last valid and strong resistance zone after that i am expecting nonstop rise for This token which is still sleep and soon will follow the market and also lead with daily +15% candles.
DISCLAIMER: ((trade based on your own decision))
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XRP Price Corrects After Strong Rally: Support Levels in Focus
In the lead-up to the ETF announcement, XRP experienced a powerful rally, surging to fresh highs and demonstrating significant bullish momentum. The token climbed to the $2.85 zone, marking a substantial gain and outperforming many of its peers in the top tier of cryptocurrencies. This impressive run was fueled by a combination of factors, including the broader market upswing led by Bitcoin, growing optimism around Ripple's legal clarity, and the increasing institutional interest that the ETF launch now epitomizes.
However, following this strong upward move, a period of price correction was both expected and healthy. Profit-taking from short-term traders and the natural ebb and flow of the market have led to a slight pullback, bringing key support levels into the spotlight. Currently, XRP is trading above the crucial $2.80 mark and the 100-hourly Simple Moving Average, indicating that the underlying bullish sentiment remains intact.
A key technical feature that has emerged on the hourly chart of the XRP/USD pair is a bullish trend line with strong support forming at the $2.820 level. This trend line is acting as a critical floor for the price, and as long as XRP continues to trade above it, the potential for another upward leg remains high. The ability of the price to hold above this level suggests that buyers are actively stepping in to defend it, absorbing selling pressure and laying the groundwork for the next move higher.
Should the price dip below this immediate support, the next significant level to watch is the $2.750 zone. A successful defense of this area would further solidify the bullish case, demonstrating the resilience of the current uptrend. A break below this level, however, could signal a deeper correction and a potential shift in short-term market sentiment. For now, the price action suggests that the path of least resistance is to the upside, provided these key support levels hold firm.
The recent price correction, therefore, should not be viewed as a sign of weakness, but rather as a necessary consolidation phase before the next major rally. It has allowed the market to shake out over-leveraged positions and build a more solid foundation for future growth. The focus for traders in the immediate term will be on the interplay between the established support levels and the renewed buying pressure that is expected to accompany the ProShares XRP ETF launch.
A ‘Highly Rare’ Setup Eyes a 60% Gain Past $3
Adding to the bullish narrative surrounding XRP is a compelling technical analysis from a veteran trader who has identified a "highly rare continuation compound fulcrum" setup on the weekly price chart. This complex and infrequently observed pattern suggests that XRP is in the process of forming a major price breakout. The resolution of this setup, according to the analyst, could see the token's value surge by approximately 60%, pushing it past the psychological $3 barrier and towards a target of $4.47 in the coming months.
The "compound fulcrum" is a sophisticated chart pattern characterized by a complex base formation. It often consists of multiple smaller patterns, such as failed breakdowns, minor ranges, and wedges, that develop over an extended period. This intricate dance of price action serves to confuse the market, shaking out weaker hands while allowing more determined, long-term investors to accumulate their positions. Once this accumulation phase is complete and the balance of power shifts decisively in favor of the bulls, the price is expected to break out with significant force in the direction of the prevailing uptrend.
This bullish outlook is further substantiated by XRP's recent market performance. The token has posted its strongest weekly gain since last November, a clear indication of the growing momentum behind it. This rally has been accompanied by a significant increase in the number of "whale" wallets – those holding at least 1 million XRP. The accumulation of XRP by these large holders has reached a record high, signaling a profound and growing confidence among institutional and high-net-worth investors. This is a powerful leading indicator, as these market participants often have a longer-term perspective and their actions can foreshadow major price movements.
A break below the support line near $1.80 would invalidate this particular bullish setup. However, given the current market dynamics and the positive catalysts on the horizon, the probability of such a breakdown appears to be diminishing. The confluence of a rare and powerful technical pattern with strong fundamental developments creates a potent recipe for a significant price appreciation.
On-Chain Sentiment Transitions to "Belief-Denial"
Beyond the technical charts and institutional news, on-chain data provides another layer of insight into the current state of the XRP market, and the picture it paints is overwhelmingly positive. On-chain sentiment analysis shows that XRP is transitioning from the "optimism-anxiety" phase into the "belief-denial" phase. This shift is a crucial indicator of market psychology and often precedes a period of sustained price growth.
The "belief-denial" phase is characterized by a growing conviction among investors that the asset's value will continue to rise, despite any short-term corrections or pullbacks. It is a phase where the market begins to price in the long-term potential of the asset, moving beyond the initial excitement and into a more steadfast and resilient bullishness. This transition suggests that the current rally is not a fleeting speculative bubble, but rather a more sustainable and healthy uptrend.
Further supporting this view is the Net Unrealized Profit-Loss (NUPL) metric, which gauges the overall profitability of the market. In previous bull cycles, XRP's price corrections have often coincided with the NUPL entering the "euphoria-greed" zone, a sign of excessive speculation and an overheated market. However, the current data shows that the NUPL is indicating rising investor conviction without any signs of panic selling. This suggests that the current rally is built on a more solid foundation and has room to run before reaching a state of market euphoria.
The combination of increasing whale accumulation and the shift in on-chain sentiment points to a market that is maturing and gaining strength. The growing institutional confidence, as evidenced by the record number of whale wallets, is a testament to the long-term value proposition of XRP. As more large investors enter the market, they bring with them not only capital but also a sense of stability and a long-term investment horizon, which can help to dampen volatility and support a more sustainable price trajectory.
In conclusion, the upcoming launch of the ProShares XRP ETF on July 18 is set to be a watershed moment for Ripple and its native token. This event is not just a symbolic victory; it is a tangible catalyst that is expected to unlock significant institutional investment and propel XRP into a new era of mainstream adoption. The recent price correction, while causing some short-term uncertainty, has served to strengthen the underlying bullish structure, with key support levels at $2.820 and $2.750 holding firm.
The technical outlook is exceptionally bright, with a rare and powerful chart pattern suggesting a potential 60% rally to $4.47. This bullish forecast is strongly supported by the record accumulation of XRP by whale wallets and a clear shift in on-chain sentiment towards a more resilient "belief-denial" phase. As the worlds of traditional finance and digital assets continue to converge, XRP is positioning itself at the forefront of this revolution. The confluence of these powerful factors suggests that the stage is set for a significant and sustained upward movement in the price of XRP, making the coming weeks and months a period of intense interest and opportunity for the entire cryptocurrency market.
BTCUSD - REBOUND FROM ATHYesterday BTCUSD has reached new price level slightly above 123,000.00 and started to decline afterwards on big selling volume. Also we see some divergence on momentum oscillator and MACD has crossed into a red zone. I still think that bitcoin is overbought and needs the correction before next growth, so I decided to go short with
🔽 a market sell order at 117461.25 with
❌a stop loss at 123894.15 and
🤑a take profit at 110587.70
A stop loss is above the ATH, take profit just above the support level of 110,000.00. It is a counter-trend trade, so it's a bit more risky than usual.
Trade cautiously! Preserve your deposits!
GOLD → Consolidation. Long squeeze before growth to 3400FX:XAUUSD has broken through resistance at 3353-3357 since the session opened, and bulls are currently trying to keep the market in the buying zone. Should we expect a long squeeze before growth?
Gold is in local consolidation after breaking through a key level. The price is still in the consolidation phase formed during a week-and-a-half correction. The price reached a three-week high of $3,374 on Monday but fell after the EU's conciliatory statements. Investors are awaiting US inflation data and Chinese GDP figures as they assess the prospects for a Fed rate cut. Heightened geopolitical and trade tensions are keeping demand for safe-haven assets high.
Technically, gold has entered a local buying zone, but there is a fairly complex resistance zone above it, and consolidation is needed to break through it. Such patterns could include a retest of support and a liquidity grab before growth.
Resistance levels: 3373, 3394
Support levels: 3357, 3353, 3345
There is a possibility of a retest of eql 3353 in a long squeeze format and a return to resistance at 3373 for a breakout. I also do not rule out a retest of the key level of 3345. The global trend is bullish, with the price locally in a fairly wide range, with an emphasis on the support zone of 3345-3355. If the bulls can hold this zone overall, the market will have a good chance of rising to 3400-3450
Best regards, R. Linda!
CADJPY TRADING IN A BEARISH TREND STRUCTUREThe CAD/JPY currency pair is currently exhibiting a bearish trend structure, indicating a prevailing downward momentum in its price action. At present, the pair is trading within a secondary trend near a significant resistance level, which is a critical point that could determine its next directional move. Traders and investors are closely monitoring this level as a breakout or rejection here could set the tone for future price movements.
On the lower side, if the bearish momentum continues, the price may decline toward the target of 104.900. This level could act as a key support zone, where buyers might step in to halt further losses. A break below this support could intensify selling pressure, potentially pushing the pair toward lower levels. Conversely, if the price finds stability near this support, a short-term rebound could occur, providing traders with potential buying opportunities in a corrective phase.
On the higher side, if the pair manages to overcome the current resistance, it may attempt to test the next key resistance level at 108.300. A successful breakout above this level could signal a shift in market sentiment, possibly leading to a trend reversal or a stronger corrective rally. However, given the prevailing bearish structure, any upward movement may face strong selling pressure near resistance zones, limiting upside potential.
Traders should remain cautious and watch for confirmation signals before entering positions. Key indicators such as moving averages, RSI, and MACD can provide additional insights into momentum and potential reversals. Risk management strategies, including stop-loss orders, should be employed to mitigate downside risks in case the market moves against expectations. Overall, the CAD/JPY pair remains in a bearish phase, and its next major move will depend on how it reacts to the critical resistance and support levels mentioned.
Bitcoin Hits New Highs: Is The Institutional Money Here To Stay?Bitcoin Hits New Highs, Gains Stability and Scale in Its Institutional Era: Will It Last?
From a volatile and often misunderstood outsider, Bitcoin has embarked on a remarkable transformation, evolving into what many now see as a foundational financial layer. This new era is not fueled by the fleeting whims of retail hype, but by the calculated, long-term strategies of professional capital. The steady influx of institutional investors is profoundly reshaping Bitcoin's character, taming its notorious volatility and broadening its accessibility to everyday individuals. This seismic shift begs the question: is this newfound stability and scale a permanent feature of the financial landscape, or a transient phase in Bitcoin's tumultuous history?
The Dawn of a New Epoch: The Institutional Stampede
For years, the narrative surrounding Bitcoin was one of a grassroots monetary experiment, a digital curiosity championed by cypherpunks and early internet adopters. Wall Street remained a skeptical spectator, wary of the asset's wild price swings, its lack of regulatory clarity, and its disruptive potential. However, Bitcoin's unyielding resilience and its core value proposition of a decentralized, finite digital asset gradually wore down this institutional resistance. The floodgates did not just creak open; they were blown apart with the regulatory approval of spot Bitcoin Exchange-Traded Funds (ETFs). This landmark decision marked a clear and decisive tipping point, a formal invitation for mainstream finance to embrace the world's first cryptocurrency.
This regulatory green light has had a profound and cascading impact. It has, in a single stroke, legitimized Bitcoin in the eyes of the most conservative financial establishments. More importantly, it has provided a familiar, regulated, and highly accessible entry point for a vast and previously untapped ocean of capital. Exposure to Bitcoin is no longer confined to specialized crypto-native platforms, which often carried a steep learning curve and perceived security risks. Now, it can be seamlessly integrated into the traditional investment portfolios that millions of people rely on, managed through their existing brokerages, pension funds, and even insurance products. This growing wave of institutional adoption is not merely inflating Bitcoin's price; it is fundamentally anchoring it more firmly within the global economy, weaving it into the very fabric of the system it was once designed to challenge.
The numbers illustrating this shift are staggering. In a remarkably short period, spot Bitcoin ETFs have amassed well over $138 billion in assets. This figure is not static; it represents a dynamic and growing pool of capital, reflecting sustained institutional interest. Registered Investment Advisors (RIAs), who manage the wealth of millions of Americans, along with sophisticated hedge funds and forward-thinking pension funds, represent a growing share of this investment. These are not speculative day traders but entities with long-term horizons and rigorous due diligence processes. Their participation signals a deep conviction in Bitcoin's future.
This institutional embrace extends far beyond the realm of ETFs. Major corporations have continued their aggressive accumulation of Bitcoin, viewing it as a treasury reserve asset superior to cash. This trend of corporate and institutional adoption is a key driver of Bitcoin's maturation, lending it a newfound sense of legitimacy and stability that was unimaginable just a few years ago. The current market cycle is thus being defined not by the frenetic energy of individual retail investors, but by the methodical and powerful currents of professional capital.
Taming the Beast: Volatility in the Institutional Age
One of the most significant and welcome consequences of this institutional influx has been the taming of Bitcoin's infamous volatility. For most of its history, Bitcoin's price chart resembled a dramatic mountain range, with breathtaking peaks and terrifying valleys. This volatility was its defining characteristic and its biggest barrier to mainstream acceptance. Institutional capital, however, operates on a different wavelength. With its longer time horizons and more systematic, data-driven approach, it behaves differently from the often emotionally-driven retail market.
While individual investors are more prone to panic-selling during sharp price dips or piling in during euphoric rallies, large institutions are more likely to employ disciplined strategies like dollar-cost averaging. They see price corrections not as a reason to panic, but as a buying opportunity. This behavior provides a stabilizing force, creating a floor during downturns and tempering the irrational exuberance of market tops.
This shift in market dynamics is evident in the flow of funds into the new financial products. These investment vehicles have frequently seen strong net inflows during price corrections, with major asset managers absorbing billions in capital even as retail sentiment soured. This institutional buying pressure acts as a powerful buffer, moderating the extreme price swings that have historically characterized the Bitcoin market.
While Bitcoin's volatility remains higher than that of traditional assets like gold or global equities, its trajectory is one of marked and consistent decline. This decline is a natural consequence of its growing market capitalization. As the total value of the network expands, the relative impact of new capital inflows or outflows is diminished, leading to smoother price action.
Interestingly, Bitcoin's volatility has at times converged with, and even fallen below, that of some mega-cap technology stocks, which themselves can exhibit significant price swings. This convergence is making traditional investors take a closer look, as the risk-reward profile of Bitcoin becomes more palatable and understandable. Historically, investors have been well-compensated for taking on Bitcoin's volatility, with its risk-adjusted returns often outperforming major stock indices over multi-year periods.
From Digital Gold to a Financial Base Layer: An Evolving Narrative
For much of its existence, Bitcoin has been championed as "digital gold." This narrative is powerful and intuitive. Like gold, it has a finite, predictable supply. It is decentralized, meaning no single entity can control it or create more of it at will. And it is censorship-resistant, offering a store of value outside the traditional financial system. This narrative has been a potent driver of adoption, particularly among those seeking a hedge against inflation, currency debasement, and geopolitical uncertainty.
However, the increasing stability brought about by institutional investment is fostering a new and complementary narrative: Bitcoin as a potential medium of exchange and, more broadly, as a foundational settlement layer for the global financial system. Lower volatility is a crucial prerequisite for any asset to function effectively as a currency. When prices are relatively stable, merchants and consumers can transact with confidence, knowing the value of their money will not drastically change overnight.
The development of Layer 2 solutions, most notably the Lightning Network, is a critical piece of this puzzle. These protocols are built on top of the Bitcoin blockchain and are designed to enable faster, cheaper, and more scalable transactions. They address the primary technical hurdles that have hindered Bitcoin's use for everyday payments, such as coffee or groceries. As this technological infrastructure continues to mature and gain adoption, Bitcoin's utility beyond a simple store of value is poised to expand significantly.
Furthermore, Bitcoin's historically low correlation with traditional assets like stocks and bonds makes it an exceptionally valuable tool for portfolio diversification. In a world where asset classes are becoming increasingly interconnected, Bitcoin offers a unique return stream. Adding even a small allocation of Bitcoin to a traditional 60/40 portfolio can potentially enhance returns over the long term without a commensurate increase in overall risk. This diversification benefit is a key part of the thesis for many institutional investors.
Navigating the Market's Pulse: Price, Psychology, and Predictions
As Bitcoin navigates this new institutional era, the question on every investor's mind is: where does the price go from here? The recent surge to new all-time highs above the $123,000 mark has been met with a mix of bullish enthusiasm and cautious optimism. After reaching this peak, the market saw a natural retreat, with bulls pausing for a breath and prices consolidating. The price action has been dynamic, with a fresh increase starting above the $120,000 zone before finding temporary resistance and trading near the $118,500 level. This kind of price discovery, including breaks below short-term bullish trend lines, is characteristic of a market absorbing new information and establishing a new support base.
Technical analysis suggests that the current rally may have further to run. Having decisively broken through key psychological and technical resistance zones, some analysts see a clear path toward $135,000 or even $140,000 in the medium term. The price trading well above key long-term moving averages confirms that the underlying momentum remains strongly bullish.
However, a closer look at market sentiment and on-chain data reveals a more nuanced and perhaps even more bullish picture. Despite the record-breaking prices, the market has yet to enter the state of "extreme greed or euphoria" that has characterized the absolute peaks of previous bull cycles. Key metrics that track the profitability of long-term holders remain below the "euphoria" zone, suggesting that the smart money is not yet rushing to take profits. This could indicate that the current rally, while impressive, is still in its early or middle phases, with more room to grow before reaching a cyclical top. A delay in the full-blown bull market euphoria could ultimately push Bitcoin higher than many expect.
Of course, the market is not a one-way street. The spike to $123,000 was followed by an increase in Bitcoin flowing into exchanges, a potential sign of short-term profit-taking and a cooling-off period. Even large, strategic players may take profits during rallies. The news of Bhutan's sovereign wealth fund strategically unloading a portion of its holdings is a prime example. While these sales can introduce short-term selling pressure, they are also a healthy part of a functioning market. The fact that inflows, even at the peak, were just a fraction of those seen in earlier parts of the year suggests that the selling pressure is not yet overwhelming.
The Sustainability of the Institutional Era: A Critical Analysis
The institutionalization of Bitcoin is undoubtedly a paradigm shift, but its long-term sustainability is not a foregone conclusion. While the current trend is one of increasing adoption and stability, there are several factors that could challenge this new status quo and must be considered by any serious investor.
One potential risk is the concentration of Bitcoin in the hands of a few large institutions. While this brings stability in the short term, it also introduces a potential point of centralization in a decentralized system. If a handful of major asset managers were to simultaneously decide to sell their holdings—perhaps due to a change in their own internal risk models or a major macroeconomic shock—it could trigger a significant market downturn. Such a move would likely be exacerbated by retail investors following the lead of these financial giants.
Regulatory risk also remains a significant and unpredictable concern. While the approval of spot Bitcoin ETFs in the United States was a major step forward, the global regulatory landscape is a complex and evolving patchwork. Any future crackdowns, unfavorable tax treatments, or restrictive regulations in major jurisdictions could dampen institutional enthusiasm and hinder further adoption. The path to full regulatory clarity is likely to be long and fraught with challenges.
Furthermore, the narrative of Bitcoin as an inflation hedge has yet to be definitively proven across all possible economic conditions. While it has performed well during recent periods of high inflation and monetary expansion, its correlation with risk assets means it can also be sensitive to economic downturns and tightening financial conditions. A prolonged period of global recession or stagflation could test its resilience as a store of value in new and unexpected ways.
Conclusion: A Maturing Asset in an Evolving World
Bitcoin has come an immeasurably long way from its obscure beginnings as a niche digital currency for a small community of technologists. The influx of institutional capital has ushered in a new era of stability, accessibility, and legitimacy. The launch and wild success of spot Bitcoin ETFs has been the primary catalyst, providing a regulated and familiar on-ramp for a vast pool of professional money that is reshaping the asset's very DNA.
This institutional embrace is about far more than just price appreciation; it is fundamentally changing the character of Bitcoin. Its volatility, while still present, is on a clear downward trend, making it a more viable contender as both a global store of value and a neutral settlement network. The long-held dream of Bitcoin as a foundational layer of a new, more transparent financial system is slowly but surely taking shape.
However, the road ahead is not without its challenges. The risks of institutional concentration, regulatory uncertainty, and macroeconomic headwinds are real and should not be underestimated. The sustainability of this new era will depend on a delicate interplay of market forces, regulatory developments, and continued technological innovation on its network.
What is clear is that Bitcoin has earned its place on the world's financial stage. It is no longer an outsider looking in, but a maturing asset that is being progressively integrated into the global economic fabric. Whether this institutional era will be a lasting one remains the defining question of our time. But one thing is certain: Bitcoin's journey is far from over, and its evolution will continue to be one of the most compelling and consequential stories in the world of finance for years to come.
BTC at pullback support in H1 timeframe! Possible rebound?BTC reacted a pullback support of 117,140 this is a crucial point where we look forward to seeing a rebound. We anticipate a bullish rally from this week. Keep an eye at this level as the week progresses. A rebound indicates possible gains. A break below might take us back to 110k level.
XAUUSD is currently trading at 3347, presenting a potential buyif price fails to hold above 3340, it may indicate a breakdown, invalidating the long setup.
Overall, XAUUSD remains a buy above 3347 with targets at 3360, 3375, and potentially 3400, using 3340 as a strict stop-loss.
XAUUSD is currently trading at 3347, presenting a potential buying opportunity within a short-term bullish bias.
Immediate resistance is noted at 3360, which marks the first test for upward momentum.
A break above 3360 could push prices toward the next resistance at 3375.
Further confirmation of bullish continuation would be seen on a clean break and close above 3400.
Support is firmly placed at 3340, serving as a key stop-loss level to manage downside risk.
The ideal buy zone lies between 3345–3347, close to support but before resistance tightens.
This zone provides a favorable risk-to-reward ratio if price rebounds from this range.
Traders should monitor momentum indicators and price action around 3360 for early signals of a breakout.
USDJPY InsightHello to all subscribers,
Please feel free to share your personal thoughts in the comments. Don’t forget to like and subscribe!
Key Points
- U.S. President Trump raised tariff uncertainty by sending tariff letters to 25 countries, but mentioned that “negotiations remain open with major trading partners like the EU,” reigniting TACO trading sentiment.
- Trump warned that if Russia does not reach a ceasefire agreement with Ukraine within 50 days, the U.S. will impose “secondary tariffs” on Russia and any countries conducting trade with it.
- BOE Governor Andrew Bailey hinted that the Bank of England could cut interest rates more aggressively if needed.
Key Economic Events This Week
+ July 15: U.S. June Consumer Price Index (CPI)
+ July 16: U.K. June CPI, U.S. June Producer Price Index (PPI)
+ July 17: Eurozone June CPI
USDJPY Chart Analysis
The pair showed a mild upward trend near the 142 level and successfully rose to the 148 level. The direction is expected to shift around the 148 resistance. If it fails to break through, a decline back to 142 is likely. However, if it breaks above 148, a further rise toward the 151 level is expected.
BTC eyes on $117,868: SemiMajor Genesis fib to Orbit a few times\Shown here is a single fib series in three different time-frames.
The "Genesis Sequence" has called all major turns since 2015.
This are "High Gravity" Fibs try to capture price into Orbit.
$ 117,668.00 (Coinbase) is the exact level of interest.
$ 111,661.25 is the first support below, a minor ratio.
$ 105,451.85 is semi-major and MUST hold fib below.
$ 125,550.41 is the next target above, a minor ratio.
See "Related Publications" for many PRECISE and TIMELY charts -------->>>>>>>
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