Ethereum Price Analysis: Is ETH Ready for a Decisive Break Above $2K?
Ethereum has been going through a terrible period of depreciation, as the price has been consistently making lower highs and lows. Yet, things might just be about to change.
On the daily chart, ETH has been in a strong downtrend, breaking below the critical 200-day moving average and losing multiple key support zones. Prices have recently bounced from the $1,900 demand zone but face resistance near the $2,100 level.
The 200 DMA, currently above $2,800, adds additional overhead pressure, making recovery attempts challenging. Meanwhile, the RSI is climbing from oversold territory, indicating potential short-term relief. However, unless ETH regains the $2,400 area and the 200-day moving average, the broader trend remains bearish.
BOE Leaves Rates on Hold, Points to Gradual Cuts Ahead
The Bank of England left the bank rate at 4.50% on Thursday and warned of risks to inflation, partly resulting from external factors such as U.S. trade tariffs. It flagged likely gradual cuts to interest rates over the coming months as the U.K.’s economy remains weak. The next reduction could come as earlier as May, analysts say. The following is a selection of analyst comments.
Declining U.K. Pay Growth Should Support a BOE Rate Cut in May
U.K. pay growth is likely to fall considerably, raising the likelihood of an interest-rate cut in May, Morgan Stanley analysts say in a note. Markets currently price in a 47% chance of a May rate cut after the BOE left interest rates on hold in a decision Thursday, LSEG data show. Most members of the BOE’s monetary policy committee probably consider that interest rates are restrictive given that the meeting minutes “noted weakness in rate-sensitive sectors of the economy,” Morgan Stanley says. “We assume that barring major upside surprises in the pay and inflation data, rates will be cut in May again.
More Than Two More U.K. Rate Cuts This Year Could Hit Sterling
Wall St rises in choppy trading, Fed comments provide tailwind
Weekly jobless claims at 223,000
Accenture falls after flagging federal contract cancellations
Darden Restaurants narrows annual profit forecast
Indexes up: Dow 0.42%, S&P 500 0.34%, Nasdaq 0.50%
U.S. stock indexes recouped some of the early losses on Thursday, as investors digested the Federal Reserve’s outlook on interest rates amid persistent tariff worries.
Traders looked to build on the previous session’s gains after a massive sell-off in recent weeks due to the uncertainty tied to President Donald Trump’s trade policies.
The Fed maintained current interest rates on Wednesday as expected and reaffirmed its forecast for two 25 basis point reductions by the end of year.
The central bank also projected slightly reduced growth and increased inflation for the year, alongside a modest uptick in the unemployment rate by 2025.
All the three major stock indexes closed higher by more than 1% each in the previous session. The CBOE volatility index VIX, also known as Wall Street’s fear gauge, fell 0.3 points and was last at 19.6 – at a nearly one-month low.
GER30 4 HOUR – What is The Amazing Trader (AT) showing
2 blue AT lines (bearish directional indicator) requires a firm break below 22925 to build momentum to the 22400 area.
Otherwise, it is just consolidation.
Higher Tariffs Would Raise Inflation, Slow Growth, ECB’s Lagarde SaysÂ
A rise in U.S. tariffs on imports from the European Union that was met with retaliation would weaken economic growth in the eurozone and push inflation higher, European Central Bank President Christine Lagarde said Thursday.
Should the European Union retaliate by raising tariffs on imports from the U.S., growth would be reduced by half a percentage point, while the eurozone’s inflation rate would be raised by the same proportion.
In its most recent forecasts, the ECB saw the eurozone economy growing by 0.9% this year and 1.2% in 2026, while it expected inflation to average 2.3% this year and 1.9% the next.
Lagarde said the inflationary impact would fade over time however, an indication that the central bank likely wouldn’t respond by raising its key interest rate.
The ECB’s analysis of the impact of higher tariffs is similar to that offered by the Federal Reserve, which Wednesday left its key rate unchanged but lowered its growth outlook and raised its inflation projections.
Dollar higher as Fed signals no rush to cut rates, BoE holds rates steady
·        Dollar up as Fed says in no rush to cut
·        Sterling slips after hitting four-month high, BoE on hold
·        SNB cuts, Riksbank on hold
·        Aussie down after soft labour data, kiwi down 0.5%
·        The dollar rose on Thursday after the Federal Reserve indicated it was in no rush to cut rates further this year due to uncertainties around U.S. tariffs, while the pound remained lower after the Bank of England kept rates steady.
·        The Swiss franc weakened slightly after the Swiss National Bank lowered its policy rate to 0.25%, while the Swedish crown was soft after its central bank maintained its interest rate.
·        U.S. policymakers projected two quarter-point interest rate cuts were likely later this year, the same median forecast as three months ago, even as they expect slower economic growth and higher inflation. On Wednesday, the Fed held its benchmark overnight rate steady in the 4.25%-4.50% range.
·        “There is probably not enough in the Fed communication to build fresh USD shorts,” said ING FX strategist Francesco Pesole.
·        Traders are pricing in 63 basis points of Fed easing this year, about two rate reductions of 25 bps each and around a 50% chance of a third. Markets are fully pricing in the next cut in July, LSEG data showed.
US OPEN
European risk sentiment slips, USD firmer and Bonds bid post-FOMC
Good morning USA traders, hope your day is off to a great start! Here are the top 4Â things you need to know for today’s market.
4 Things You Need to Know
European risk tone deteriorates with US futures also slumping into the red, potentially driven by EU fiscal focus, post-FOMC pullback and attention returning to tariffs/trade.
USD up vs. peers, Antipodeans lags, EUR slides and GBP eyes BoE.
Bonds are bid post FOMC & as the tone deteriorates, Gilts lead on data & reports around the Spring Statement.
Crude succumbs to the risk-off sentiment, with base metals also heading lower.
OnlineBroker.Fr is the best resource for French language information on the best online trading platforms and crypto exchanges in France.
https://www.onlinebroker.fr
If you are just starting out with forex trading and you are still searching for an online trading platform to go with, then check out the top online trading platforms in review by business 24-7 Forex traders may find daytrading.com a powerful resource. In addition to the broker comparison tables, it also provides insight and strategy on short term, intraday forex trades.
You may find this useful U.K. Investors may find investing.co.uk a useful resource. In addition to the broker comparisons table, the site also provides detailed reviews, bonus information and strategy articles.
Current and potential Scandinavian currency traders will likely enjoy Valutahandel.se , a website about forex trading in Sweden.
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What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
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