Harmonic Patterns
DXY DOLLARImpact of Prelim UoM Consumer Sentiment and Inflation Expectations on DXY Directional Bias tomorrow
The Department Responsible: The University of Michigan’s Survey Research Center releases both the Prelim UoM Consumer Sentiment and Inflation Expectations data.
Key Data Points (March 13, 2025)
Metric Forecast Previous
Prelim UoM Consumer Sentiment
63.1 64.7
Prelim UoM Inflation Expectations
4.3% 4.3%
Impact on DXY Directional Bias
Consumer Sentiment Below Forecast
DXY: Bearish. Lower consumer sentiment suggests weaker economic growth, potentially reducing demand for the USD.
Technical Impact: DXY could drop toward 102 level or more if support fails to hold
Fundamental Driver: Reduced consumer spending can slow economic growth, leading to a weaker USD.
Inflation Expectations Remain High
DXY: Mixed. High inflation expectations might signal future price pressures, potentially supporting a hawkish Fed stance. However, if inflation fears are already priced in, the impact might be muted.
Technical Impact: DXY may consolidate or buy based on the current demand floor
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JPN225 D1 | Potential bearish reversalJPN225 is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 37,727.50 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 38,550.00 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance.
Take profit is at 35,170.92 which is a swing-low support.
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Stratos Trading Pty. Limited (www.fxcm.com):
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Silver H4 | Potential bullish bounceSilver (XAGUSD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 32.92 which is a pullback support.
Stop loss is at 32.53 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 33.38 which is a swing-high resistance that aligns with the 161.8% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
WTI Oil H4 | Rising into an overlap resistanceWTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 68.46 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 70.70 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance.
Take profit is at 65.20 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/CHF H4 | Pullback resistance at 38.2% FiboUSD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8856 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 0.8940 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance.
Take profit is at 0.8757 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GOLD Impact of Lower-than-Expected US CPI Data on Gold and the Dollar
Department Responsible: Bureau of Labor Statistics (BLS) releases CPI data.
Key CPI Results (March 12, 2025)
Metric Actual Forecast Previous
Core CPI (m/m)
0.2% 0.3% 0.4%
CPI (m/m)
0.2% 0.3% 0.5%
CPI (y/y)
2.8% 2.9% 3.0%
Immediate Market Reactions
US Dollar (DXY):
Bearish Pressure: Cooling inflation boosts bets for earlier Fed rate cuts, weakening the USD.
Technical Impact: DXY breaks below (critical support)
Fundamental Driver: Lower inflation = Reduced need for restrictive monetary policy.
Gold (XAU/USD):
Bullish Surge: Gold jumps as lower rates diminish USD appeal and enhance non-yielding gold’s attractiveness.
Technical Impact: Gold breaches $2,930 resistance (Feb high) toward $2,956–$3,000.
Fundamental Driver: Safe-haven demand + Fed dovish bets.
Trade Directional Bias
Bearish,Fed likely to prioritize rate cuts over inflation control amid cooling CPI.
Gold
Bullish,Lower rates + weaker USD + tariff/geopolitical risks = Strong gold momentum.
Market Sentiment & Analyst Views
Fed Rate Cut Bets:
Cooler CPI gives the Fed room to ease policy, supporting gold.
Summary
USD Outlook: Bearish short-term due to dovish Fed repricing.
Gold Outlook: Bullish, with $3,000/oz in sight if CPI-driven momentum holds.
GOLD Impact of Lower-than-Expected US CPI Data on Gold and the Dollar
Department Responsible: Bureau of Labor Statistics (BLS) releases CPI data.
Key CPI Results (March 12, 2025)
Metric Actual Forecast Previous
Core CPI (m/m)
0.2% 0.3% 0.4%
CPI (m/m)
0.2% 0.3% 0.5%
CPI (y/y)
2.8% 2.9% 3.0%
Immediate Market Reactions
US Dollar (DXY):
Bearish Pressure: Cooling inflation boosts bets for earlier Fed rate cuts, weakening the USD.
Technical Impact: DXY breaks below (critical support)
Fundamental Driver: Lower inflation = Reduced need for restrictive monetary policy.
Gold (XAU/USD):
Bullish Surge: Gold jumps as lower rates diminish USD appeal and enhance non-yielding gold’s attractiveness.
Technical Impact: Gold breaches $2,930 resistance (Feb high) toward $2,956–$3,000.
Fundamental Driver: Safe-haven demand + Fed dovish bets.
Trade Directional Bias
Bearish,Fed likely to prioritize rate cuts over inflation control amid cooling CPI.
Gold
Bullish,Lower rates + weaker USD + tariff/geopolitical risks = Strong gold momentum.
Market Sentiment & Analyst Views
Fed Rate Cut Bets:
Markets now price in a 73% chance of a June 2025 rate cut (up from 65% pre-CPI)“Cooler CPI gives the Fed room to ease policy, supporting gold.
Summary
USD Outlook: Bearish short-term due to dovish Fed repricing.
Gold Outlook: Bullish, with $3,000/oz in sight if CPI-driven momentum holds.
Bitcoin - The Uptrend Remains 100% Valid!Bitcoin ( CRYPTO:BTCUSD ) can create a textbook break and retest:
Click chart above to see the detailed analysis👆🏻
Over the past couple of weeks we have only been seeing a consolidation on all cryptocurrencies, governed by the slow movement on Bitcoin. With today's drop Bitcoin is now approaching the previous all time highs, which are now acting as a major support, pushing price much higher.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
GOLD GOLD on micro market perspective build demand on poor dollar appeal ,the presence of liquidity is felt by break of daily supply roof and on technical we are set for a new all time high.
but at the moment, watch 2943-2947 on 1min analysis for point of entry ,dollar found support at 103.357 ,if it keep buying we could see gold close of new York session correction to close at 2943-2947
GOLD GOLD ,the newyork gold merchants struggled with london sellers who were bend on dragging them like generator into 2900 zoon, they quickly rejected further downswing at 2906 a daily broken supply roof and at 2906 it become a current 4hours support to push price into 2916 and attempting 2933-2937 on break and close of 2920.the 2920 roof is a litmus 4hrs test on 2906 liquidity graps...i want to see the strength of the momentum to upswing into 2933-2937
DAX H1 | Overlap resistance at 50% FiboDAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 22,840.05 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 23,037.00 which is a level that sits above the 61.8% Fibonacci retracement and the descending trendline.
Take profit is at 22,251.40 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GOLD GOLD 15min scalper proves that 2920 is a supply roof and buying reluctancy to break it will likely push buyers into 2908 and if they don't keep bullish momentum, sellers in london gold market could drag them like generator into 2901 and below.at 2901 i see some bullish strength again and break below will be lower zone and a break of yesterday low.