Technical My Tips

⚡️JUST IN:🚀 Bitcoin hits $109,900

📊 Gold holds not far from the all-time high Gold (XAU) price dropped by 0.45% on Friday as the U.S. dollar (USD) and Treasury yields increased. However, the bullion still managed to show a positive trend last week as uncertainties around Donald Trump's policies and renewed chances of further Federal Reserve (Fed) rate cuts lifted XAUUSD above the critical $2,700 level. 👉 Possible effects for traders Despite a slight dip on Friday, the gold price was only $66 away from an all-time high last week. This was mostly because weaker-than-expected U.S. core inflation data fuelled speculation of multiple rate cuts by the Fed later this year. According to Reuters, traders are already pricing in two rate cuts by the end of 2025, especially after Christopher Waller, Fed Governor, hinted at the possibility of additional cuts if economic data weaken further. Gold doesn't generate income through interest or dividends as a non-yielding asset. Consequently, lower interest rates create a more favourable environment for gold, and XAUUSD tends to rise when the probability of more rate cuts in the U.S. increases. XAUUSD was rising strongly during the Asian and early European trading sessions. Today's macroeconomic calendar is rather uneventful, so XAUUSD may continue to trade within an established $2,700–$2,720 range. Most U.S. markets will be closed in observance of Martin Luther King Jr. Day, further reducing volatility. At the same time, markets nervously await Trump's inauguration on 20 January. His broad trade tariffs are expected to ignite inflation and trigger trade wars, potentially increasing bullion's safe-haven appeal. 'There are question marks about the state of tariffs, how they'll be implemented. Many investors are looking to gold as a way of hedging some of the downside risks, should these new policies be damaging to growth', said Nitesh Shah, commodity strategist at WisdomTree. 'Spot gold may retest support at $2,691 per ounce, a break below which could open the way towards $2,670', said Reuters analyst Wang Tao. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 3788810

📊 Euro remains under bearish pressure The euro (EUR) lost 0.26% against the U.S. dollar (USD) on Friday as the greenback strengthened partly due to solid real estate and construction data. 👉 Possible effects for traders U.S. Census Bureau's report revealed U.S. single-family homebuilding hit a 10-month high in December, a positive sign for the housing market. However, rising mortgage rates and excess inventory pose a risk to continued recovery. Still, the report, combined with Friday's news of a surge in manufacturing output, driven partly by a recovery in Boeing’s production, suggests that the U.S. economy remained robust in Q4. Meanwhile, a recent survey by Bloomberg showed that the euro area will deliver only 1% growth this year, slightly above the 0.8% estimated for 2024 and below the long-term average of 1.4%. The weak economic outlook increases the likelihood of faster interest rate cuts by the European Central Bank (ECB). The market continues to expect three or four 25-basis-point rate cuts by the ECB in 2025 compared with one or two reductions by the Federal Reserve (Fed) over the same period. In these circumstances, it is hard to expect EURUSD to rebound substantially from its recent lows. EURUSD was rising during the Asian and early European trading sessions. Today's macroeconomic calendar is rather light, so EURUSD may continue to move within the established 1.02500–1.03200 range. In addition, most U.S. markets will be closed due to Martin Luther King Jr. Day, which should further reduce volatility. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 3788810

📊 Weak U.K. economic data pushes the British pound down The British pound (GBP) lost 0.62% against the U.S. dollar (USD) on Friday as the greenback recovered, while U.K. retail sales data came out weaker than expected. 👉 Possible effects for traders Contrary to expectations, U.K. retail sales declined in December, highlighting concerns about a potential economic contraction in Q4. 'The Bank of England (BOE) have a window of opportunity to cut rates in February, which we expect them to take', said Elliott Jordan-Doak, senior U.K. economist at Pantheon Macroeconomics. Retail sales added to last week's run of weak economic data, which indicated a drop in November gross domestic product (GDP) and prompted investors to expect more rate cuts from the BOE later this year. Traders currently price in no less than two 50 basis points (bps) worth of rate cuts in 2025, with a 76% chance of a first 25-bps reduction on 6 February. Meanwhile, the Federal Reserve (Fed) is expected to leave its rates unchanged until June, putting downward pressure on GBPUSD. GBPUSD was rising during the Asian and early European trading sessions. There are no important macroeconomic events today, so GBPUSD may continue to trade within the established 1.21800–1.22200 range. In addition, most U.S. markets will be closed in observance of Dr. Martin Luther King Jr. Day, which should reduce volatility even further. Sign Up Now ➡️https://bit.ly/attocta Partner Code ➡️ 3788810

AUDUSD, 15-minute timeframe chart AUDUSD formed a bullish Hammer pattern 👉General outlook AUDUSD has been trading in a sideways market for the last couple of hours. Now, the price displays a bullish Hammer pattern. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 0.62080. Set your stop loss at 0.61950 below the previous low ($1.30 loss for 0.01 lot) and take profit at 0.62210 ($1.30 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period.

Stay up-to-date with the latest market events and never miss an opportunity to profit with ExpertOption. Start Trading:

Retail investors own 19.6% of NSE free-float market cap, totaling 9.5% of overall ownership—just shy of a 23-year high. Mutual fund ownership is rising at 19.4%, while FPI share has dropped to 36.1%. #AngelOne #FinanceFrontier

On January 1, 1999, the euro was officially launched as a shared currency by 11 European countries, marking a significant milestone in economic and political integration. It was first adopted for electronic transactions and financial markets, with physical euro banknotes and coins introduced three years later in 2002. Trade Now: https://bit.ly/attexpertoption

➡️You Can Join Quotex From Link Below 💥 ➡️Start With Free Demo Account & Get 700'000 Demo Balance ✅ ➡️Quotex Link: https://tlt.ink/quotex Use Promo Code ➡️ 50TMT , 50TLT

Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

🚀 As a trader, choosing the XM Ultra Low Account is great for you because: No Swap Fees: You won't have to pay extra charges for holding positions overnight, which can save you a lot if you like to hold trades for longer periods. No Commissions: You can trade without paying any additional fees per trade, meaning more of your money stays in your pocket. Low Spreads from 0.8 Pips: The difference between the buying and selling price is very small, which means you can enter and exit trades with lower costs, helping you keep more of your profits. 📈 Create an XM Ultra Low Account today: https://tlt.ink/xmbro USE CODE ➡️98CQT #XMIndia #XMUltraLow #OnlineTrading #ForexTrading #Forex

NO RISK , NO PROFIT !

READ: 🟠 Michael Saylor's Masterclass on Bitcoin Volatility:  "If you're a 20 something or a 30 something, and you're willing to do the work, if you were willing to spend a hundred hours or 200 hours, if you have more time than money, then the volatility of Bitcoin is a gift to you. If you have more money than time and you're arrogant and egotistical and, and you just pick the obvious, then if the volatility goes away, you buy Bitcoin. If people in the rest of the world knew what I know and they understood and they agreed with me, Bitcoin would go to $10 million tomorrow. And if Bitcoin went to $10 million tomorrow, I want you to think about how you would feel because you would lose 20 years of stacking opportunity during which you get to buy at less than $10 million. So the difference between $10 million and $100, 000, that's what you give up if the volatility goes away and people start to agree with you."

Soon.

In trading, starting small is a smart move. With ExpertOption, you can get started with just $10. Make trades for as little as $1 on over 100 assets, including stocks, commodities, and forex pairs. Join ExpertOption: https://bit.ly/attexpertoption

📊Join the VIP channel. Make profit together.📊 Join Now 👇👇👇👇👇👇👇👇👇👇👇   https://t.me/+u5QKtCP9W3kwNTc1

➡️You Can Join Quotex From Link Below 💥 ➡️Start With Free Demo Account & Get 700'000 Demo Balance ✅ ➡️Quotex Link: https://tlt.ink/quotex Use Promo Code ➡️ 50TMT , 50TLT

Open Account In Exness For Forex Trading & P2P Transaction👇 Link: https://tlt.ink/exness

Happy weekend traders!🤝🏼 Enjoy your profit & enjoy your weekend

AUDUSD Sell Entry at  0.6206 Take profit 1=0.6186 Take profit 2=0.6156 Take profit 3=0.6106 Stoploss = 0.6276