Created on 01/09/2025

My previous signal last Thursday was not triggered as none of the key support or resistance levels were reached that day.

Today’s AUD/USD signals

• Risk 0.75%
• Trades can only be submitted before 5pm on Friday Tokyo time.

Short Trade Ideas

• Go short after a bearish price action reversal on the H1 timeframe immediately after the next touch of $0.6192, $0.6207 or $0.6218.
• Place a stop loss 1 pip above the local swing.
• Set the stop loss to be even when the trade is 20 pips in profit.
• Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the rest of the position running.

Long trade ideas

• Go long following a bullish price reversal on the H1 timeframe immediately after the next touch of $0.6166, $0.6126 or $0.6102.
• Place a stop loss 1 pip below the local swing low.
• Set the stop loss to be even when the trade is 20 pips in profit.
• Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the rest of the position to run.

The best method to identify a classic “price reversal” is the close of an hourly candle, such as a pin bar, doji, outside or even just a engulfing candle with a higher close. You can take advantage of these levels or zones by watching the price action that occurs at the given levels.

AUD/USD analysis

I wrote in my previous AUD/USD forecast last Thursday that the AUD/USD currency pair looked likely to fall further due to the strong long-term bearish trend in the currency pair and the reason why the Aussie is weak and the dollar is strong.

This was a good call overall as the price continued to decline over the past week. However, I looked for a short trade at $0.6300 and it didn’t work.

Technicals and fundamentals are unchanged, with the US dollar remaining strong within a long-term bullish trend, while the Australian dollar continues to weaken, boosted by yesterday’s higher-than-expected Australian CPI (inflation) data. A 2.3% annualized rate and poor sales data released earlier today.

The price fell close to a 4-year low, which will be reached if the price falls below $0.6170. A trade below that level would be a very significant “blue sky” and could trigger a drop even to the big round at $0.6000.

The price chart below shows a long-term linear regression analysis applied to price action, showing a strong and fairly steep bearish trend that respects the 2 standard deviation limit of this indicator.

All signs point to a continuation of the decline here, but there was no possible support at $0.6170.

I will be happy to enter a new short trade after the rejection of $0.6192.

There is nothing of great importance today about the AUD or USD.

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Finance Magnates CY Limited

Created on 01/09/2025

Potential signal:

• Looking at Ethereum, I like the idea of ​​buying it, somewhere near the 50 Day EMA.
• If we can break above, then the market will probably go to the $3600 level and I would have a stop loss at the $3390 level.

During my daily analysis of the financial markets, the Ethereum market looks particularly interesting, as we are right at the $3300 level, an area that has been very important multiple times, and I think you have a situation where we are just simply trying to pick up some kind of momentum to turn things around. That being said, I think Ethereum desperately needs Bitcoin to push it higher due to the fact that everything flows through Bitcoin.

That being said, this is a market that also needs help from the interest rate situation in the United States. After all, the Bitcoin market is very sensitive to interest rates, as it is considered to be far down the “risk spectrum”. Because of this, the market continues to experience a lot of external pressure, mainly due to Bitcoin, but also due to how it reacts to risk appetite.

Technical Analysis

The technical analysis for this pair is quite simple, as we are at a major support level, and we have the 50-day EMA just above it. If we can break above the 50-day EMA, it would be a sign that the market is trying to break through the higher weed levels we saw earlier, perhaps reaching the $3600 level. A break above the $3600 level then opens the possibility of a move to the $3700 level, an area that was recently topped.

If we break below the $3200 level, we are now looking at the 200-day EMA. The 200 Day EMA is of course a very important technical indicator, and of course a lot of what people look at to determine the overall trend. If we were to break down below there, then the $3000 level could offer support, but we should see some sort of turnaround and the overall attitude of traders in general, which could give Ethereum some reason for things to come around. As things stand now, I think there is an opening here, but we’ll have to wait and see whether or not we can find the necessary momentum.

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Created on 01/09/2025

• During my daily analysis of the commodity market, gold is looking quite interesting as we are starting to see the market try to break above a minor resistance barrier.
• That being said, market participants continue to watch the bond market for ideas on where the gold market could be headed. After all, with yields as high as in America, this creates certain problems.

Technical Analysis

Technical analysis is basically neutral at this point, as the 50-day EMA is relatively flat. That being said, the $2670 level has been a bit of a short-term resistance barrier in this market, so if we can break above it, it’s possible that the market could return to the top of the intermediate consolidation range that we’ve been trading at, the $2720 level which offers little resistance, and the $2600 level as a support level.

All things being equal, I am keeping an eye on the fact that even if we break below the $2580 level, then it is likely that we could break down to the $2550 level, followed by the $2500 level which is also supported by the 200 day EMA. In other words, if we break down from here, I think sooner or later it will end up as a buying opportunity.

If we were to break above the $2725 level, then I don’t think there is much to stop the gold market from racing towards the recent highs seen in October. All of the above opens up the possibility of a move to the $3000 level, but frankly, I don’t think we have that kind of momentum at this point. This is especially true given that Friday is the non-farm payrolls in the United States, which will have a direct effect on what will come from the Federal Reserve, so I think at this point it will just essentially be considered a ” Brownian motion .”

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Yesterday I pointed out that bitcoin has held $92,000 (or close to it) on six separate occasions since breaking above $100,000 for the first time. Another test is now taking place with trading dangerously close to that level and at the lows of the day.

We have already broken yesterday’s low of $92,724 and that has caused some additional stops in the past few minutes. These are the lows of the year so far, but I wouldn’t expect any major rates until the December 30th low of $91,262 is broken, if not the $90k level.

If that goes through, you can argue for something like a messy head and shoulders pattern targeting $78,000.