The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.0299 Prev. Close: 1.0269 % chg. over the last day: -0.29 % The dollar weakened against major currencies on Monday as traders prepared for a series of policy announcements following Donald Trump’s inauguration. Markets are focused on his plans to raise tariffs, tighten immigration, cut taxes and increase deregulation, which are expected to have an inflationary impact. However, trading volumes are expected to remain low throughout the session as US markets are closed due to the Martin Luther King Jr. holiday. Trading recommendations Support levels: 1.0265, 1.0238, 1.0223 Resistance levels: 1.0326, 1.0360, 1.0382, 1.0403, 1.0425, 1.0447 The EUR/USD currency pair’s hourly trend is bearish, but close to change. Since Thursday of last week, the price has been forming a flat accumulation with the boundaries of 1.0265–1.0326. Liquidity is accumulating both inside the range and outside the range boundaries. All this may lead to a sharp impulsive move. On Friday, the price tested liquidity above the accumulation, which increases the probability of price decline in order to distribute new liquidity. Intraday, it is better to focus on selling from the upper boundary of the range. Buying should be considered only after a test of 1.0265 or after a breakout of 1.0326.Alternative scenario:if the price breaks the resistance level of 1.0360 and consolidates above it, the uptrend will likely resume.(Click on image to enlarge) The GBP/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.2236 Prev. Close: 1.2167 % chg. over the […]

Donald Trump will be sworn in as the 47th president of the United States at 12 noon eastern. When he takes the oath office for a second time at least one thing will be clear: He will enter the White House with an economy that’s in dramatically better shape than when he left four years ago.The pandemic-ravaged economy of January 2020 is long gone. Although much has changed relative to the pre-pandemic economy, and not always for the better, it’s beyond debate that the US has rebounded sharply over the past four years. Compared with developed economies generally, the US is “the envy of the world,” as The Economist  a few months ago.There’s a fierce debate about how much of the US recovery is due to the natural snap-back following the pandemic-driven collapse vs. Biden administration policies. The answer probably lies somewhere in the realm of both factors played a role.Meanwhile, current conditions reflect an upbeat profile, based on several metrics. Perhaps the most important economic change is the recovery in employment. Non-farm payrolls topped 159 million last month, exceeding the pre-pandemic peak. Unemployment in December was 4.1%–modestly higher compared with the 3.5% level on the eve of the pandemic’s start, but still near an historic low.(Click on image to enlarge)One challenge that Biden leaves his predecessor is the ongoing effects of inflation. Although pricing pressure has moderately sharply since surging in 2022, so-called “sticky” inflation risk prevails as the Federal Reserve continues to bring a roughly 3% inflation rate down to […]

Image Source: According to McKinsey research, the fintech industry’s revenues are expected to grow than the traditional banking sector between 2022 and 2028. Additionally, the potential 15% revenue growth of the fintech industry over the next five years could significantly outpace the 6% anticipated for the traditional banking sector. These figures suggest that fintech is on course to become a dominant player throughout the world of finance over the coming years, and we can already see evidence of wholesale changes occurring in real time. 2025 is set to be a key year in the growth of the fintech landscape. According to Capgemini’s World Payment Report 2025, digital wallets are not only the fastest-growing alternative to card payments today, but they’re forecasted to and 46% of in-store payments by 2027. Digital transactions rallied from a total of $802 billion in 2023 to an in 2024, making 2025 a prime candidate to surpass $1 trillion for the first time. These fintech trends are set to resonate strongly on Wall Street, and we could see some of the sector’s most innovative stocks rally off the back of market growth throughout the year ahead. With this in mind, let’s take a look at three high-potential fintech stocks for investors to pick up in 2025:  1. PayPal (PYPL)It’s impossible to consider the brightest fintech stocks on Wall Street without looking to PayPal. The market leader has more than 25 years of experience in the sector and operates a leading payments platform that benefits both merchants and consumers. With around 432 million […]

I do think at this point, you probably see a lot of volatility and perhaps even a bit of a pullback. That pullback might be a nice buying opportunity, especially if we drop towards the $75 level, as the 200-day EMA is racing towards that region. Alternatively…(Click on image to enlarge)On the other hand, if we break above the $80.56 level, then it’s likely that  will continue to go higher. Nonetheless, this is a market that I do think you’re looking for value to take advantage of and it makes quite a bit of sense that we would see oil slightly positive due to concerns about supply coming out of places like Russia and the possibility of sanctions against Iran now that the Trump administration is taking over.But at the end of the day, I think there’s also the idea that central banks around the world cutting rates will probably continue to spur demand as well. I do think ultimately pullbacks though get bought into and those are probably the entry points that you’re looking for as chasing the move all the way up here has been a bit risky as oil shot straight up in the air over the last couple of weeks to get to this region. In other words, we have to work off some of that inertia that has been expended. Ultimately, I like finding value on dips in this bullish market.USD/JPY Forecast: US Dollar Bounces Against Japanese YenPairs In Focus – Sunday, Jan. 19USD/CHF Forecast: US Dollar […]

 was not triggered, as there was no bullish price action at any of the support levels which were reached that day. Today’s BTC/USD Signals Risk 0.50% per trade. Trades must be taken prior to 5pm Tokyo time Tuesday only. (Click on image to enlarge) Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of $102,581, $99,768, $97,335. Put the stop loss $100 below the local swing low. Move the stop loss to break even once the trade is $100 in profit by price. Take off 50% of the position as profit when the trade is $100 in profit by price and leave the remainder of the position to run. The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a , a , an outside or even just an  with a higher close. You can exploit these levels or zones by watching the  that occurs at the given levels. BTC/USD AnalysisI wrote in my previous  almost one week ago that the technical picture had more bearish, with the price printing a series of lower highs and heading towards an area of very key support above $91,000.I was right to see this as a very pivotal area, because the price rebounded quickly to back above this area after pushing below it to pick up demand and has been rising firmly ever since.In the past few hours, we have seen the price make a bullish breakout beyond the record high price […]