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Wave Analysis

AUDNZD Will Move Lower! Short! Take a look at our analysis for AUDNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.159. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.156 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Gold is consolidating at high levels, making trading easy.Yesterday, we repeatedly warned of potential market manipulation by major players. During the US session, gold sharply retraced from $5100 to $4990. We accurately seized the opportunity to buy in the $5000-$5020 range. Currently, it has rebounded after testing the lows again, hovering around $5070. Gold's sharp drop from $5100 to $4990 is a clear sign of market manipulation by major players, but the medium-term bullish trend for gold remains unchanged. The $4990 level is near the closing price from last Friday, meaning gold has now completed a top-to-bottom reversal. With the expectation of the interest rate decision priced in, gold is likely to consolidate in the $5000-$5100 range. From a technical perspective, the 1-hour chart shows that after breaking through the $5000 mark, short-term bulls exerted strong momentum, pushing the price up to $5110. However, profit-taking by long positions led to a significant pullback. It's worth noting that gold has now firmly established itself above the $5,000 psychological level. This breakthrough opens up further upside potential and boosts bullish sentiment. Trading Strategy: Gold is likely to trade within a range today. Key support levels to watch are $4,990-$5,000, while key resistance levels are $5,100-$5,110. Avoid blindly chasing the price higher.
TVC:GOLD
by FIGONRXS
3
NZD/CAD BEST PLACE TO SELL FROM|SHORT Hello, Friends! Previous week’s green candle means that for us the NZD/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.812. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GOLD - Waiting for a pullback to enter a long position...FX:XAUUSD continued its record growth for the sixth consecutive day, reaching $5,110. The driving forces behind this are geopolitical uncertainty, expectations of a softening of Fed policy, active purchases by central banks, and an outflow from the dollar... Fundamental drivers Geopolitics: Russia-Ukraine, Trump's threats of 100% tariffs on Canada, and the risks of further escalation with the EU... The dollar fell to its lowest level since September 2025 due to interventions by the Bank of Japan and expectations of interest rate cuts. At the same time, central banks in many countries continue to show high interest in the metal. The Fed's interest rate meeting is coming up (January 31 - February 1). The tone of the regulator is important; there are doubts about further rate cuts, and if this is confirmed, the market may enter a correction... Resistance levels: 5110, 5150 Support levels: 5080, 5055, 5031 Technically, it is quite risky to open long trades from the current price position (in the 5090 zone). I recommend waiting for a correction to the specified support zones to find more profitable and safer entry points! Best regards,
FX:XAUUSDLong
by RLinda
31
Coinranger|GBPUSD. Potential for a decline to 1.35800🔹DXY fell even more overnight than on Friday. It could go even lower, but it's unlikely to reverse. 🔹No interesting news for the pound today. 🔹Earnings season is starting in the US, but there's nothing particularly interesting there today. Current levels: Below: Preliminary downward wave set on M15 1.36030 1.35800 1.35360 Above: 1.36568 - the end of the upward wave set 1.37105 - the end of the first upward extension (we may finish it off) After a significant rise, we'll likely correct today, most likely to 1.35800 ------------------- Share your thoughts in the comments!
by CoinRanger
Coinranger|EURUSD. Potential for a decline to 1.17619🔹DXY fell even more overnight than on Friday. It could go even lower, but it's unlikely to do so without a reversal. 🔹No interesting news on the euro today. 🔹Earnings season is starting in the US, but there's nothing particularly interesting there today. According to current levels on EUR: Below: Preliminary wave set for M15 1.17924 1.17619 1.17060 Above: 1.18448 - the end of the first upward extension 1.18752 - the end of the second upward extension (we may return here) 1.19135 - the first wave in a new set After a significant rise, we're likely to correct today, most likely to 1.17619 ------------------- Share your thoughts in the comments!
by CoinRanger
Coinranger|SOLUSDT. Continuing decline to 114🔥News 🔹No important news today. Only an old data on american market will be released, which is usually considered preliminary. 🔥SOL 🔹Fell to the lowest level from the last forecast. 1️⃣ Above: 125 potential pullback level. 2️⃣ Below: 118.5, 114, 110 - different levels of a downward wave sequence. 114 is the most likely for now. Likely a continuation of the decline without news. Кeep watching BTC and ETH. --------------- Share your thoughts in the comments!
by CoinRanger
Coinranger|ETHUSDT. Continuing decline to 2666🔥News 🔹No important news today. Only an old data on american market will be released, which is usually considered preliminary. 🔥ETH 🔹Fell and completed the first extension for the second set of downside waves: 1️⃣ Above a pullback to 2920 is taking place. Potentially, but unlikely, we could reach 3036. 2️⃣ There is 2858 level below. One of a possible extension. 2666 and 2621 are potential levels for a new set of downward waves, the third set in the decline. A continuation of the decline is likely, especially if Bitcoin decides it's too early for pullback. --------------- Share your thoughts in the comments!
by CoinRanger
Gold expect mixed and volatile trading close to the formation taGold continues to trend higher, making consecutive record-breaking peaks while holding within a bullish channel formation. Trendline resistance is currently located at $5,190. We will complete an AB=CD formation at $5,122. Yesterday's dip to the downside resulted in the gap open from Sunday at $4,987 being closed Support is located at 4775 Conclusion: although there is no clear indication of a change of trend, with the formation target in proximity, there's ample scope for consolidation. Expect mixed and volatile trading
OANDA:XAUUSD
by IanColeman
Don't Buy Yet! Phoenix Mills Needs a Dip below ₹1338 FirstCMP : 1702 Outlook : bearish / correction Long term outlook : bullish I am forecasting a 2 phase move I am looking phoenix mills to retest the low of 1338 After retesting the low of 1338, it may go a little further down, but soon it will take a u-turn and make a new high above 2068. Expecting new highs. Forecasting 2 direction at a single point of time, lets see how it goes Disclaimer: This is a personal trade idea for educational purposes. Please perform your own due diligence before investing. ​ ​#PHOENIXLTD #RealEstate #PriceAction #SwingTrading #TechnicalAnalysis ​
NSE:PHOENIXLTDLong
by LalitGurnani
Coinranger| BTCUSDT. Continuing decline to 85,000🔥News 🔹No important news today. Only an old data on american market will be released, which is usually considered preliminary. 🔥BTC 🔹Fell down last night and broke through previous peak. Current levels: 1️⃣ The levels above can only be calculated tentatively. 88,500 is the first level for the end of the pullback. 2️⃣ The levels below - 85,000 and 84,700 - almost coincident potential ends of the downward sets of waves on h1 and h4. Without news, we could either continue the decline, or make a pullback, and then, for example, fall further. --------------- Share your opinion in the comments!
by CoinRanger
Steel Dynamics - Interesting StructureThe move since April 2025 is viewed as the fifth sub-wave within a larger third wave. The third wave has a complex structure and may initially appear to violate Elliott Wave rules, but this is not the case. At the moment, the larger fourth wave is expected to start forming. A correction of the fifth sub-wave is expected, moving toward the price level from which it started. Key targets: 154 144 134 120 --- Please subscribe and leave a comment! You’ll get new information faster than anyone else. ---
NASDAQ:STLDShort
by NotBoringTrading
BTCUSDT: Bear Flag in Play – Sellers Remain in ControlHello everyone, what’s your view on BINANCE:BTCUSDT ? BTCUSDT is losing bullish momentum and entering a high-risk phase, with both macro fundamentals and technical structure leaning toward a bearish scenario. On the fundamental side, the crypto market is facing dual pressure. First, a stronger U.S. dollar and elevated U.S. Treasury yields are pulling short-term capital away from risk assets like Bitcoin. Second, expectations that the Federal Reserve will not rush into monetary easing continue to create an unfavorable backdrop for crypto. In addition, market caution is rising as large funds slow deployment and prioritize cash amid ongoing uncertainty. From a technical perspective, BTCUSDT experienced a sharp sell-off, followed by a weak recovery that has formed a Bear Flag pattern on higher timeframes. This is a classic bearish continuation structure. As long as price continues to be rejected at the upper boundary of the flag, sellers remain in control, opening the door for further downside toward deeper liquidity zones. 👉 My personal view: I expect BTCUSDT to continue moving lower. What’s your take on the market? Share your perspective in the comments.
Long
by Win_Sama
1
AUD/USD leaves a gap-open at 0.6896; gaps tend to be closed We need to move over to a medium-term chart to see what is going on. The last move higher from the 0.6663 swing low was aggressive. This is a common trait in the 3rd wave of a bullish Elliott Wave count. We have a gap open from Sunday at 0.6896. Gaps tend to be closed. Further support is not seen until 0.6788. We have a 261.8% extension level located at 0.7051. Conclusion: we will likely see a gap closure before the Fed interest rate decision. I can see no technical reason for a change in the bullish trend. It should also be noted that this chart suggests further risk on attitude toward stocks
Long
by IanColeman
Gold Structure indicates a bearish pullback after fake breakoutOANDA:XAUUSD Bias Bearish (Short-term correction) 🎯 Trade Levels Entry (Sell): 5086 – 5089 Stop Loss: 5099 Exit / Target 1: 5070 Exit / Target 2: 5060 (on neckline / fake breakout continuation) 🧠 Three-Line Trader Justification Price is rejecting the rising trendline resistance, showing seller strength at premium levels. Structure indicates a bearish pullback after fake breakout, trapping late buyers. Momentum favors downside toward liquidity zone 5070–5060 before any continuation.
OANDA:XAUUSDShort
by Amelia007
7
EUR/USD Maintains Short-Term Bullish TrendAt the moment, the FX:EURUSD exchange rate is being driven more by developments in the United States than by anything coming from the euro area. Nevertheless, upward momentum remains well supported and continues to define the pair’s primary short-term trend. The ongoing weakness of the U.S. dollar has provided a strong tailwind for EUR/USD, extending last week’s rally and pushing the pair toward the 1.1900 level. Looking ahead, investors are likely to remain cautious ahead of Wednesday’s Federal Reserve meeting. Until the Federal Reserve provides clearer guidance on its willingness to ease monetary policy, or the euro area demonstrates a more convincing growth cycle, further gains are likely to unfold gradually rather than aggressively. I remain optimistic about the outlook — how about you?
Long
by Win_Sama
3
GBP/USD continued upward momentum from the 1.3401 swing lowWe have seen an impulsive move to the upside from the 1.3401 swing low, moving through the previous resistance of 1.3568. The daily chart highlights a breakout of the Expanding Wedge formation. This pattern has a measured move target of 1.3789. We have a 261.8% extension level in proximity at 1.3730. Support is located at 1.3518 Conclusion: I would expect a period of consolidation up to the Fed meeting. The bias remains bullish, and I look for 1.3789 to be achieved
Long
by IanColeman
Competitive Currency War: An In-Depth Analysis1. Concept and Mechanism At its core, a currency war is a contest among nations to make their exports cheaper and imports more expensive. By devaluing its currency, a country effectively reduces the price of its goods and services in foreign markets, thereby boosting export competitiveness. Simultaneously, imports become more expensive, which can help protect domestic industries from foreign competition. Central banks and governments influence currency values through monetary policy tools: Interest Rate Adjustments: Lowering interest rates can reduce foreign investment inflows, decreasing demand for the currency and pushing its value down. Quantitative Easing (QE): Large-scale purchases of government securities inject liquidity into the domestic economy, increasing money supply and devaluing the currency. Direct Intervention in Forex Markets: Central banks may buy or sell currencies to influence exchange rates directly. Capital Controls: Some countries may limit the flow of foreign investment to manage currency value. While these actions may be justified for domestic economic objectives, they often trigger international reactions, particularly if other nations perceive the devaluation as a deliberate attempt to gain unfair trade advantage. 2. Causes of Competitive Currency Wars Several factors drive countries to engage in competitive currency devaluation: Trade Imbalances: Countries with large trade deficits may attempt to devalue their currency to make exports more competitive and reduce imports, narrowing the deficit. Economic Slowdowns: During periods of sluggish growth or recession, devaluation can stimulate domestic demand by encouraging exports and attracting foreign investment. Monetary Policy Constraints: When traditional tools like interest rate cuts reach their limits (e.g., near-zero or negative interest rates), currency devaluation becomes a more attractive option. Globalization and Interconnectedness: In a highly interconnected global economy, the currency moves of one major economy can affect trade balances, investment flows, and financial markets worldwide, prompting reactive measures from other countries. Political and Strategic Considerations: Beyond economics, currency wars may serve geopolitical aims, such as weakening an adversary’s economic position or gaining leverage in trade negotiations. 3. Historical Examples Competitive currency wars are not a new phenomenon. Some notable examples include: 1930s Great Depression: During the global economic downturn, many nations abandoned the gold standard and engaged in competitive devaluations to stimulate exports, deepening global trade tensions. 1985 Plaza Accord: The U.S., Japan, West Germany, France, and the UK coordinated to depreciate the U.S. dollar against the Japanese yen and German Deutsche Mark to address trade imbalances. While this was a cooperative effort, it demonstrated how exchange rates are manipulated to achieve trade objectives. Post-2008 Financial Crisis: In response to the global recession, central banks in the U.S., Japan, and Europe implemented aggressive monetary easing policies. Japan, in particular, under “Abenomics,” pursued a weak yen strategy to boost exports, leading to accusations of currency manipulation. Recent Emerging Market Pressures: Countries with export-driven economies, like China, have occasionally been accused of intentionally maintaining undervalued currencies to enhance global competitiveness. 4. Implications of Currency Wars Currency wars can have wide-ranging effects, both positive and negative: Positive Effects (Short-Term Gains): Boosting Exports: A weaker currency makes a country's goods cheaper abroad, supporting domestic manufacturing and employment. Reducing Trade Deficits: Devaluation can help correct trade imbalances by making imports more expensive and exports more attractive. Stimulating Economic Growth: Increased demand for exports can spur GDP growth during slowdowns. Negative Effects (Long-Term Risks): Inflationary Pressure: A weaker currency raises the cost of imports, potentially triggering inflation and reducing consumers’ purchasing power. Retaliation and Trade Wars: Competing countries may respond with their own devaluations or trade restrictions, escalating tensions and harming global trade. Financial Market Volatility: Rapid currency fluctuations create uncertainty for investors and can destabilize capital flows. Erosion of Confidence: Persistent devaluation can undermine confidence in a country’s currency, making it difficult to attract foreign investment. Global Economic Imbalances: If multiple nations engage in competitive devaluation simultaneously, the net gain is limited, and the overall effect can be disruptive. 5. Currency Wars and Global Policy Coordination The international community often reacts to competitive currency devaluations through diplomatic channels, trade negotiations, and policy coordination. Institutions like the International Monetary Fund (IMF) monitor exchange rates and can intervene to stabilize global markets. However, in practice, effective coordination is challenging because countries prioritize domestic economic objectives over global stability, particularly during crises. For example, the IMF has frequently warned against “beggar-thy-neighbor” policies—devaluations intended primarily to harm other economies. Yet, in the absence of enforceable rules, currency wars remain a potent tool for nations seeking short-term advantages. 6. Modern Challenges and the Role of Major Economies In today’s interconnected economy, currency wars are more complex due to: High-Frequency Trading: Financial markets react almost instantaneously to policy signals, amplifying currency volatility. Digital Currencies: Central Bank Digital Currencies (CBDCs) may alter traditional dynamics of exchange rates and cross-border trade. Global Supply Chains: Devaluation effects on trade competitiveness are increasingly mediated by complex supply chains, which can dilute the intended economic benefit. Geopolitical Tensions: Strategic conflicts among major economies (e.g., U.S.-China trade tensions) often intertwine with currency policy, making devaluation both an economic and political instrument. 7. Conclusion A competitive currency war is essentially a strategic contest over economic advantage through exchange rate manipulation. While it can provide short-term benefits such as boosting exports and stimulating growth, it carries significant risks for global stability, including inflation, trade conflicts, and market volatility. The phenomenon underscores the tension between domestic economic policy goals and the collective interest of the global economy. As globalization deepens and economies become more intertwined, competitive currency devaluation will remain a powerful, yet potentially dangerous, tool. Policymakers must balance the desire for national economic advantage with the need for long-term financial stability. International coordination, transparency, and careful management of monetary policy are crucial to mitigating the destructive potential of currency wars. In essence, a currency war is not merely a financial phenomenon—it is a reflection of the broader economic and geopolitical strategies nations employ in an increasingly competitive global arena.
NASDAQ:NVDAEducation
by GlobalWolfStreet
Latest Global Currency Shift & De‑Dollarization News Introduction: The Global Currency Landscape Since World War II, the U.S. dollar (USD) has functioned as the primary global reserve and settlement currency. This means that central banks hold dollars as a major part of their foreign exchange reserves, international trade is often priced in dollars (especially oil), and global investors prefer dollar‑denominated assets for safety and liquidity. However, over the past decade—and especially in recent years—this dominance has started to shift. Multiple economic, geopolitical, and technological forces are reshaping how currencies are used globally, weakening the dollar’s monopoly and contributing to what analysts call a global currency shift or de‑dollarization. 1. Why the Dollar Dominated — And Why That’s Changing Why the Dollar Became Dominant The dollar became dominant due to several historical factors: Bretton Woods System (1944): The dollar was pegged to gold, and other currencies were pegged to the dollar, making it the linchpin of international finance. Economic Size & Stability: The U.S. economy is the largest in the world, with deep, liquid capital markets and strong legal institutions. Petrodollar System: Oil was widely priced and traded in dollars, creating consistent global demand. These factors together encouraged countries and banks worldwide to hold and use dollars in reserves and transactions. Why Its Dominance Is Eroding Several major forces now challenge this dominance: 1. Reserve Diversification by Central Banks Central banks are reducing the proportion of their reserves held in dollars and increasing holdings of gold and other currencies. A recent survey found many reserve managers plan to raise gold and euro holdings due to concerns about US political and economic stability. Historically, the dollar’s share of global reserves was over 70% in 2000; it has fallen to around 56–58% by 2025. 2. Geopolitical Fragmentation Rising tensions between major powers—especially the United States, China, and the EU—are contributing to a fragmentation of the global financial system. Countries facing sanctions or political pressure aim to reduce reliance on U.S.‑controlled financial infrastructure (e.g., SWIFT). 3. Alternative Currencies Gaining Traction The euro (EUR), Japanese yen (JPY), British pound (GBP), and notably the Chinese renminbi (CNY) have all increased their presence in international finance and trade. The renminbi’s share of global transactions and reserves, while still much smaller than the dollar’s, has grown significantly over the past decade. 4. New Payment Systems Countries and coalitions are building alternative settlement platforms that bypass traditional dollar‑centric systems: CIPS (China’s Cross‑Border Interbank Payment System) supports non‑dollar clearing. BRICS Pay aims to facilitate payments in local currencies among Brazil, Russia, India, China, and South Africa. 5. Digital Currencies & Technology Central Bank Digital Currencies (CBDCs) and blockchain technology offer new ways to conduct cross‑border payments that could challenge traditional currency usage patterns. 2. Key Trends in the Global Currency Shift A. De‑Dollarization This term refers to the deliberate reduction of the U.S. dollar’s role in international finance. It includes: Reserve diversification (holding fewer dollars). Bilateral trade in local currencies (not using dollars for settlements). Alternative payment infrastructure bypassing dollar‑based systems. Although the dollar remains the dominant currency, its share in reserves and transactions is trending downward. B. Rise of a Multi‑Polar Currency World Instead of a single dominant currency, the world may evolve into a multi‑polar currency system, where several major currencies coexist and compete, including: Euro: Already holding around 20% of global reserves. Yen & Pound: Smaller but significant reserve shares. Renminbi: Rapidly growing use in trade and financial transactions. Some analysts predict this diversification will continue over years or decades rather than overnight. C. Growth in Gold as a Reserve Asset Gold has seen strong demand from central banks as a hedge against currency risk. In some measures, global gold holdings have exceeded U.S. Treasuries held by foreign central banks—a symbolic shift in investor preference. D. Forex Market Volatility Exchange rates fluctuate in response to monetary policy, geopolitical events, and market sentiment. For instance, recent volatility includes: Dollar weakness due to shifts in U.S. policy expectations. Yen strengthening amid speculation of intervention. Gold price surges as investors seek safe havens. These shifts reflect broader uncertainty in global finance—not necessarily the dollar’s immediate demise but a period of recalibration. 3. Drivers Behind the Shift Geopolitical Drivers Political tensions, sanctions, and trade disputes motivate countries to reduce reliance on the dollar. For instance, countries targeted by U.S. sanctions often seek alternative channels and currencies to avoid financial isolation. Economic & Policy Drivers Concerns about fiscal health, rising U.S. debt levels, and the use of the dollar for economic sanctions affect global confidence. Monetary policy divergence—such as differing interest rate paths between the Fed and other central banks—also influences capital flows and currency preferences. Technological Drivers Digital currencies (CBDCs) and blockchain payment systems create opportunities to innovate cross‑border transactions—potentially reducing the intermediary role of the dollar. 4. Implications of the Global Currency Shift For the United States Reduced “exorbitant privilege”: The U.S. benefits from lower borrowing costs and strong demand for Treasuries due to dollar dominance; a shift could raise costs. Policy pressure: Continued dominance depends on fiscal discipline, stable governance, and sound monetary policy. For Other Economies Emerging markets may benefit from more flexibility in trade and reserve management. Regional currency blocs may gain influence if their currencies and payment systems become more widely adopted. For Global Trade & Finance A more diversified currency landscape could: Reduce systemic risk by not depending on a single currency. Increase transaction costs where currency conversions and hedging are needed. Encourage regional financial integration driven by aligned trade partners. 5. What This Doesn’t Mean Despite these shifts, the dollar is not obsolete: It still accounts for the largest share of global reserves. It remains the most used currency in trade invoicing. Change is gradual and structural, not sudden and complete. Conclusion: A Gradual Evolution The global currency shift is one of the most consequential macro‑economic developments in decades. It reflects changes in: geopolitical alliances, economic policy, financial infrastructure, and technological innovation. While the U.S. dollar remains central today, a multipolar currency future—with greater roles for the euro, yuan, yen, digital currencies, and gold—is increasingly plausible. This evolution won’t happen overnight but is already shaping how governments, companies, and investors think about money in the global economy.
SP:SPXEducation
by GlobalWolfStreet