USDCAD → Consolidation before downward distributionFX:USDCAD is stuck in a range (consolidation) between 1.4486 and 1.428. The dollar has been showing negative momentum lately, but with NFP ahead, the data could both reinforce the correction and support the index...
All eyes are on today's economic news. If the actual NFP is below the forecast (169K), it will strengthen the expectations of the Fed rate cut.
At 15:00 the Fed's monetary policy report will be released, which may clarify the further course of the regulator.
If the NFP comes out weak, the dollar may sag and USDCAD may decline.
If the data is stronger than expected, the USD will strengthen, which will lift the USDCAD.
If the Fed hints at a rate cut, it may weaken the USD, supporting the CAD
Resistance levels: 1.4345, 1.4369
Support levels: 1.428
News is uncertainty, as it is impossible to determine the outcome of this situation in advance.
Technically, the currency pair looks weak due to the falling dollar. A break of the support at 1.428 may trigger further decline.
Regards R. Linda!
FLAT
GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth.
Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy.
Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers.
At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo.
Resistance levels: 2910, 2929
Support levels: 2898, 2882, 2870
Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal.
Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant.
Regards R. Linda!
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone.
SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance.
Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term.
Resistance levels: 203, 200
Support levels: 188, trend
Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market.
Regards R. Linda!
OMUSDT → Consolidation in a triangle before the rallyBINANCE:OMUSDT is a paranormal coin in this case, as it is one of the few projects that shows bullish dynamics while all altcoins are finding bottom after bottom.
Perhaps the situation partly depends on BINANCE:BTCUSD . If it starts to fall even deeper, nothing and no one will help here. But locally bitcoin is forming a resistance breakout and if the bulls hold this trend, the BINANCE:OMUSDT.P coin may have a bullish driver that can support the bullish movement.
At the moment, the focus is on the triangle (wedge) resistance and the base of the 5.6756 pattern. Two bullish scenarios should be considered: Growth after a resistance breakout or growth after a false breakdown of support.
Resistance levels: 5.9821, 6.30
Support levels: 5.75, 5.6756
At the moment, a consolidation within the triangle boundaries is being formed. But when the resistance is broken, the market may move to the realization phase and the impulse may be quite sharp. Ahead, beyond 6.3, there is no resistance...
Regards R. Linda!
GOLD → Correction for accumulation of potentialFX:XAUUSD is growing during the week. The asset enjoys interest on the background of economic risks and dollar correction. After a small correction, the train may move north again
Markets are watching the US-China trade talks, easing fears of a global trade war, as well as Trump's initiatives on the Middle East, weakening demand for the USD as a safe-haven asset. In addition, a rising yen is pressuring the USD, supporting gold.
Investors' focus is on Friday's NFP data, which could influence the Fed's next steps. Attention is also paid to weekly jobless claims and Fed comments. The market is quite aggressive on any drastic action by Trump as this assessment is correlated relative to global risks
Technically, the price is correcting to accumulate liquidity and potential for possible upside. Below are quite strong support areas that could push the price back.
Support levels: 2845-2850, 2830
Resistance levels: 2860, 2872, 2882
As part of the correction in the uptrend, the price may test 0.5-0.7 Fibo as well as the previously broken resistance of the ascending channel. There are no technical and fundamental reasons to break the trend, the growth may continue after a false breakdown.
Regards R. Linda!
GOLD: Correction for potential accumulation.is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again.
Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a safe-haven asset. Furthermore, a rising yen puts pressure on the US dollar, which supports gold.
Investors are focused on Friday's NFP report, which may influence the Fed's future measures. Weekly jobless claims and Federal Reserve statements are also monitored. The market is quite aggressive on any radical action by Trump because this evaluation is tied to global concerns.
Technically, the price is correcting to gather liquidity and potential for future gains. Below are some strong support levels that could send the price back.
Support levels: 2845-2850 and 2830.
Resistance levels: 2860, 2872, and 2882.
Trade Active
Gold is testing the previously defined support zone.
The accent is on 2845-2840. If the bulls keep the defense above this zone, it is worth waiting for gains in the short-term.
As part of the upward corrective, the price may test the 0.5-0.7 Fibo level, as well as the previously broken ascending channel barrier. There are no technical or fundamental grounds to break the trend; growth may continue despite a fake collapse.
By Nexus Trades Zone
GBPUSD → A breakout of trend resistance. Change?FX:GBPUSD is forming a local trend change attempt. The price breaks the resistance of the descending price channel and forms a consolidation above the line, in the buying zone.
The fundamental background is very complicated and not stable because of Trump's policy and the tariff war with the whole world. Sharp shifting statements have a huge impact on the markets.
Technically, the price is breaking the resistance of the long downtrend and we have a chance to change the local trend. A breakout of the resistance at 1.2488 and a price consolidation above this zone may motivate a buyer to support this move.
Resistance levels: 1.2488, 1.26
Support levels: 1.2414, 1.2377
The price may test the previously broken channel resistance before rising further, but the 1.2488 trigger plays an important role. If the bulls can keep the defense above this area, the currency pair may rally a bit in the short term.
Regards R. Linda!
GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction.
Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts.
Resistance levels: 2817, 2830
Support levels: 2811, 2801, 2790
If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas.
Regards R. Linda!
ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends
After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that.
Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening.
Resistance levels: 0.26800, 0.35120
Support levels: 0.21420, 0.1500
For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another.
Regards R. Linda!
GOLD → The new ATH is not the limit. What are the new targets?FX:XAUUSD updates ATH to 2800 and at the same time bulls are consolidating above the previously broken high, trying to form a base for continued gains
Gold updates all time high to $2800, amid a weaker US dollar and the threat of high tariffs from Trump, who again warned of possible 100% duties against BRICS countries, as well as a 25% tax on imports from Canada and Mexico, which boosted demand for protective assets. Investors are waiting for the US PCE Core Price Index data to gauge the Fed's next steps.
Technically, now the focus is on 2 levels: 2798.5, which is a trigger for the continuation of growth and support at 2785, behind which there is a huge pool of liquidity. Gold needs to overcome 2798.5 to continue rising, but before that a retest of the support may be formed due to the liquidity under the level.
Resistance levels: 2798.5, 2800, 2810-15
Support levels: 2790, 2785, 0.5 fibo
In general, gold has a bullish price movement. There are no hints of a trend breakdown, so the chance for the continuation of the growth is quite high and it can happen either when the trigger is broken or after a small consolidation or correction before the news. Emphasis on the previously mentioned levels and news.
Regards R. Linda!
SOL Trade Setups: Key Levels to Watch for Big Moves!Solana has been on an impressive run, hitting a new all-time high (ATH) at $295. The previous ATH from 2021 at $260, along with the recent swing high of $264.63 (December 2024), are now acting as key resistance levels. Bulls are struggling to break above the $260 range and we’re seeing some bearish control as SOL trades below the weekly open, never a great sign for upward momentum.
Short Trade Setup
It’s looking like SOL could be in an ABC pattern, working on wave C. Here’s a potential short trade setup:
Entry: Around $260 if price revisits that zone.
Stop Loss: Above $270.
Take Profit: $220, where strong support lies.
R:R Ratio: About 3:1.
If you’re already short, congrats! If not, $260 could be your next chance to jump in.
Support Zone and Long Setup
There’s plenty of support stacking up between $220 and $217, making it a great zone to consider for a long position:
Point of Control (POC): At $218.50, from the November-January range
Fib Levels:
The 0.786 trend-based Fib extension is at $220.23
The 0.618 retracement (low of $169 to high of $295) is at $217.27
EMAs: The 200 and 233 EMAs on the 4H chart line up nicely with the $217 level
Channel Support: The median line from $264 to $169 also lands around $217
Long Setup Plan
Entry: Ladder longs between $220 and $217
Stop Loss: Below $217, maybe around $214
Take Profit 1: $239 for a mid-range bounce
Take Profit 2: Move your SL to entry and let the rest ride for bigger gains
Patience is Key
Whether you’re waiting for $260 to short or $220 to long, the setups are there, now it’s about watching the levels and being patient. Both trades offer solid risk-to-reward ratios, so no need to rush in.
Stay ready and let’s see how this plays out!
BITCOIN → New targets! What will happen to ALTCOINS ?BINANCE:BTCUSD went into consolidation after a failed attempt to break through the 108K resistance. Nothing terrible happened, the weekly structure is quite strong, and the market needs to build up its potential. What is happening and what to expect in the future?
In the week ahead, the focus is on the US rate meeting, GDP and PCE. If the US macroeconomic data disappoints, it could lead to a lower dollar and more interest in BTC.
As for Trump, he may give a good driver to the market if he pushes for the inclusion of BTC in the federal reserve, which is what the crypto trading community is waiting for now. But, it should be realized that tight US monetary policy and possible further rate hikes create pressure on high-risk assets, including bitcoin.
In a sideways moving environment, BTC dominance remains stable, around 50-60%. Altcoins are more likely to perform weakly in such an environment, with the exception of a few highly liquid assets.
If BINANCE:BTCUSD drops to 91.7К - 95К USD, it is likely that capital will continue to stay in BTC as investors focus on risk mitigation. Altcoins can only show growth if bitcoin has a new momentum above 107,400 USD.
Resistance levels:106.9, 107.5
Support levels: 102.5, 99950
Because of the strong resistance, the price is very likely to test one of the key support levels. And already from 102.5 - 100K a rather aggressive rebound may follow. But it is necessary to observe the character of the price and its approaching to these or those strong levels. Sharp movements often end in reversals, when smooth and gradual heralds a breakout.
Regards R. Linda!
GOLD → The bulls are fighting for 2750. ATH is close!FX:XAUUSD is in a bull run phase due to rising risks. The price is testing new highs and trying to consolidate above key resistance. Trump's speech is ahead and high volatility should be expected.
Gold price is consolidating in the bullish zone after breaking through the three-top resistance. Traders are analyzing the impact of President Trump's tariff policies, which have caused uncertainty in the markets and weakened demand for the dollar and bonds. Meanwhile, support for gold prices is provided by optimism from China's measures to stimulate stock markets.
Investors' attention is focused on US economic data, including weekly jobless claims and Friday's PMI from S&P Global, which could affect expectations for a Fed rate cut. Weak statistics will reinforce forecasts of two rate cuts this year, which supports interest in gold.
Technically, the focus is on 2750. If bulls hold their defenses above this zone, gold could head towards ATH.
Resistance levels: 2750, 2762
Support levels: 0.5 fibo, 2732
Bullish trend, high risks, politics. Lots of reasons that support the metal. But, today is Trump's speech, and this man knows how to make noise in the market. High volatility is possible. But, in general, gold looks as if it is ready to go up, perhaps it can even renew ATH
Regards R. Linda!
GOLD → bulls are aiming for ATH. The odds are high...FX:XAUUSD is in a rally phase aiming for ATH. Based on geopolitical data, we have a pretty good chance. The focus is on 2750. From this point the northbound train can continue its journey.
Trump's policies are putting quite a bit of pressure on geopolitics due to creating trade problems for major nations like China, EU, Canada, BRICS countries. Chinese Vice Premier Ding Xuexian has warned of the negative effects of a trade war, which has further increased demand for safe havens like gold and the US dollar. Gold is also facing pressure because of the Fed, but the dollar correction is becoming another driver for the metal.
Technically, the price is trying to consolidate above a rather important level. 2749. If the bulls manage to keep the defense above 2750, the metal may continue its growth in the short and medium term
Resistance levels: 2759
Support levels: 2750, 2737, 2732
Emphasis on 2750. If the bulls keep this area under their control, the gold will go higher. But, I do not exclude a retest of 0.5 Fibo liquidity zone or 2732 before further growth.
Regards R. Linda!
EURUSD → An attempt to change the trend could be successfulFX:EURUSD gets a chance for a bullish run. The currency pair breaks the prolonged downtrend and consolidates for a chance to continue the upward movement
The global trend is downtrend and at the moment it is too early to talk about a change of trend, as the price is under pressure from the strong resistance at 1.044. BUT! A pre-breakout base is forming around this area, so if the dollar continues its corrective course, EURUSD will have a chance to confirm the trend change. If the bulls are able to overcome 1.0448 and consolidate above this level, we will have a chance to rise to 1.06 and possibly higher....
Resistance levels: 1.0448, 1.0607
Support levels: 1.033, 1.0222
Technically, the focus is on the nearest trigger at 1.0448. A breakout and consolidation of the price above this zone may provide a convenient entry point to open long positions.
Regards R. Linda!
Euro can rise a little and then continue to fall to support lineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days started to trades inside the range, where it reached the top part at once and then dropped to the bottom part, breaking the resistance level, which coincided with the seller zone. Also then, EUR declined to the current resistance level, and even a little below, after which made a strong impulse up, backing up to the range, where it later broke the 1.0520 resistance level one more time. Then price some time traded inside the range and later reached the resistance line, after which started to decline. In a short time, the Euro declined to the current resistance level, thereby breaking the 1.0520 level and exiting from the range and then some time trading near the 1.0350 level. After this, the price broke this level and fell to the support line, but at once rebounded and rose to the resistance line, breaking the 1.0350 level again. A not long time ago, EUR broke the 1.0350 level one more time and continued to decline. For this case, I think that the Euro can rise to almost resistance level and then continue to fall to 1.0190 points, which coincides with the support line. Please share this idea with your friends and click Boost 🚀
GOLD → Resistance retest before falling FX:XAUUSD is consolidating and deliberately approaching the resistance 2667. The upward market structure is focused on a breakout of the resistance. But the other question is whether the breakout will happen, because the sticks in the form of economic data have been in the wheels for a long time now
Based on the market behavior, we can assume that before the possible fall there may be a liquidity grab and a retest of the key resistance, as buyers became more cautious after the discouraging data on inflation in China and hawkish Fed meeting minutes.
To be honest, gold's current rise is not clear to me as there is no reason for it except for Trump's tariff plans towards multiple countries. Fundamental data is negative, there is no new news from hot spots, the dollar is rising, global inflation is rising, the Fed has become hawkish, there are so many nuances providing resistance to the metal.
Resistance levels: 2667, 2675
Support levels: ascending line, 2656
Technically the structure is bullish and in the short term I am waiting for an attempt to break the resistance 2667. In this case a retest of the zones of interest 2675, channel resistance or 2692 from which a correction can be formed is possible.
Regards R. Linda!
BITCOIN → Retest of key support. What can happen?BINANCE:BTCUSD continues to form a consolidation, this could continue until Trump's inauguration. Price is approaching a key support level and a liquidity zone that harbors both crowd fear and huge potential.
On W1, price is trying to consolidate above the global rising line playing the role of support. Buyers can aggressively defend this area because if this area is lost, price could very easily and quickly descend to 72-75K.
Bitcoin has moved into a local correction due to economic data, but the global fundamental picture is quite positive (thanks to Trump and community interest).
Levels in the 91K - 89K - 86K zone are attracting the attention of major players as these are psychologically important and historically strong buying zones, especially against the backdrop of a strong bullish trend.
The current flat and consolidation boundaries may persist as traders and the community wait for Trump's inauguration and his active actions, and the economic data had only a temporary impact.
Resistance levels: SMA, 99.5K, 102.5K
Support levels: 91.7K, 89.3K, 86.7K
A false break of support can provoke quite a violent reaction. After such a strong fall, I expect a rebound rather than a breakdown. I do not exclude a retest of 89-86K before further growth.
Regards R. Linda!
GOLD → The calm before the storm. What to expect?FX:XAUUSD is consolidating above 2645 and trying to test the strong resistance of 2664. Downside risks are quite high and it may happen after liquidity capture.
Gold has high risks due to yesterday's favorable data in the US. Hawkish expectations for the Fed, strong economic data put the dollar back on the northbound train. Markets priced in a 35% chance of a Fed interest rate cut this month.
Trump takes office on Jan. 20 and his proposed tariffs and protectionist policies are seen as inflationary, requiring higher interest rates and a stronger U.S. dollar. If risk aversion intensifies amid renewed geopolitical tensions in the Middle East or Trump's tariff threats, that could send gold higher
A symmetrical triangle is forming on D1, which confuses everyone - where will the price go? And all because the technical situation is neutral.
Resistance levels: 2664, 2674
Support levels: 2645, 2632.
False breakdown of resistance can provoke a fall to the strong support, the border of the triangle. Gold is growing reluctantly and slowly, as if something is in the way, and the risks and pressure are increasing.
BUT! If the price goes to 2664, it is important to watch the price reaction to this level: consolidation above the level may provoke further growth to 2674. Similarly with the support of 2645
Regards R. Linda!
GOLD → Retest of the level after its breakoutFX:XAUUSD inside the new flat is looking for strong support. The fundamental backdrop is complex and amid high risks, buyers are looking for a safe haven
Fundamentally, the situation is complex, the weakening of gold is influenced only by the hawkish stance of the Fed and the growth of the dollar. But the pressure for further growth is exerted by many other factors: the escalation of the conflict in the Middle East and Eastern Europe. Trump's protectionist policies toward europe, asia. Geopolitical risks in the world.
Technically, the price is testing a strong support area after breaking through resistance.
Below is the key Fibo level of 0.5 - 0.7, which may play the role of the lower boundary from which the bulls will start an aggressive game.
Support levels: 2637, 2630, 2616
Resistance levels: 2649, 2665
In general, I am more inclined for a medium-term decline, but the local situation is quite tense and complicated.
If the bulls hold 2630 - 2640, the gold will continue to rise
If the bulls lose, the price will form a deeper correction with the possibility of further prolongation of the fall.
Regards R. Linda!
GOLD → Breaking the resistance level. Growing interestFX:XAUUSD enjoys interest despite the growing dollar. Geopolitical and economic crisis is the reason for seeking safe harbor. The price is breaking resistance and trying to renew local highs
On the first trading day of the new 2025, gold rose along with DXY amid escalating geopolitical conflicts in the Middle East and eastern Europe and rising tensions around the upcoming policies of Trump and the Fed.
Traders are awaiting US manufacturing PMI data from ISM and the Fed President's speech due later on Friday for more trade stimulus for the gold price.
Support levels: 2649, 2639
Resistance levels: 2675, 2690
A false breakdown of key support areas is possible. If after the false breakdown the bulls hold the defense above 2639 - 2649, gold may strengthen to 2675 - 2690 in the short term.
Regards R. Linda!
EURUSD → The bears are stepping up the pressureFX:EURUSD continues to form a downtrend. The price updates the local minimum, reaching the target indicated last year :). What's next?
Fundamentally, the situation is weak due to Trump's policy towards the euro zone. The strong dollar also increases the bearish pressure on the market.
Technically, the priority figure is the downtrend and the previously broken consolidation boundary - 1.033.
It is this zone that the price is currently aiming for as a zone of interest.
Resistance levels: 1.033, 1.0448
Support levels: 1.022
Both technically and fundamentally the situation is weak, therefore, the emphasis on strong resistance levels from which the fall may resume.
Regards R. Linda!
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen.
Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75.
If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer.
Resistance levels: 157.76, 160
Support levels: 155.88, 154.5
Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart.
Regards R. Linda!
Happy Holidays and a productive 2025!






















