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Since the end of 2024, the number of early education properties available for sale has grown by 14%, reaching a total of 158, according to B+E.
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Stocks are higher, yields are lower and the USD is lower. How about the technicals?
The major US indices are higher (Dow up 140 points, S&P up 20 points, and NASDAQ index up 62 points), yields are lower with the two-year down -2.6 basis points and the 10 year down -2.7 basis points, and the US dollar is lower.
In this kickstart video for the North American session, I take a technical look at the 3 major currency pairs – the EURUSD, USDJPY and GBPUSD – and outline the bias, the risks (where the bias shifts) and the targets (where you are going). All traders need to know those three things to create a roadmap for their trading.
All 3 of those currency pairs are stretching to new extremes for the day. Be aware. Be prepared.
There is some economic data that will be released today in the US:
- At 8:15 AM ET, the November monthly ADP national employment report is expected to come in at 10K versus 42K last month.
- At 8:30 AM ET September import and export prices will be released with both expected to rise by 0.1%.
- At 9:15 AM ET, September industrial production for September is expected at 0.0% with Manufacturing output at 0.1% with capacity utilization at 77.3 versus 75.8 last month.
- At 9:45 AM ET, the S&P Global composite index for November will be released. Last month he came in at 54.8. The services PMI will also be released after coming in at 55.0 last month.
- At 10 AM ET, the ISM non-manufacturing index for November is expected to fall to 52.1 from 52.4 last month
The weekly EIA inventory data will be released at 10:30 AM:
- Crude oil stocks are expected to show a drawdown of -0.821 million
- Gasoline stocks are expected to show a build of +1.468 million.
- Distillates are expected to show a build of +0.707 million.
The private data released late yesterday showed larger than expected builds in all 3 components:
- Crude +2480K
- Gasoline +3100K
- Distillates +2880K.
Looking at other markets:
- Crude oil is trading up $0.74 or 1.26% at $59.38
- Gold is trading up $6.40 or 0.16% at $4212
- Silver is up $0.05 or 0.09% $58.49
- Bitcoin is up $1693 and $92,993
This article was written by Greg Michalowski at investinglive.com.
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Bitcoin Price Analysis: Chart Shows Bullish Signals
Today, Bitcoin is trading above the psychological $90,000 mark – its highest level in over ten days. Following a severe drop of more than 30% from October’s highs, the market had been lacking positive momentum. Confidence was boosted by: → investment giant Vanguard allowing clients to purchase spot Bitcoin ETFs on its platform; → news […]
The post Bitcoin Price Analysis: Chart Shows Bullish Signals appeared first on ActionForex.
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How to trade Bitcoin today, with tradeCompass
tradeCompass Summary Map for today’s bitcoin day traders
Bullish above: $94,250 (price in bitcoin futures, BTC1!)
Bearish below: $93,100
Primary bias right now: Cautious bearish while under $93,100Key idea:
Price is sitting right on the bearish threshold. If Bitcoin futures break back below $93,100 and stay there, tradeCompass favors short setups. If price instead pushes above $94,250 and holds, the upside scenario from yesterday comes back into play.Bitcoin Market Context & Directional Bias
Bitcoin has had an impressive run this week, climbing about 5.6% and trading around $93,115 at the time of this analysis. That places price almost exactly at today’s tradeCompass bearish threshold.
Yesterday, my colleague Greg highlighted the upside recovery in Bitcoin from around $90,200, triggered by a strong rebound after a sharp near 5% drop. In his analysis he noted that, as long as price stayed above key short term moving averages, traders could focus on upside targets around the $93,091 swing area and the $94,229 retracement level.
Today, price is trading right inside that target zone. From a tradeCompass perspective, that often means:
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The easy part of the long move has probably already happened.
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This is a decision area, where price either accepts higher levels and extends up, or fails and rotates back down.
Because the bearish threshold is right at current price, tradeCompass leans short biased as soon as we see a sustained move back below $93,100. Until that happens, aggressive traders may simply stalk price here and wait for confirmation, rather than jumping in early.
Key Levels & Partial Profit Targets for Bitcoin Futures Today
Bearish scenario – active while price stays below $93,100
Suggested short activation zone:
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Trigger shorts on a confirmed break below $93,100
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Ideal entry band for shorts: $92,900 to $93,100, depending on your confirmation rules
Possible partial profit levels on the downside:
$92,250
First intraday reaction area. Think of this as a “risk reduction” level – a logical place to take partial profits after the initial break, especially if it lines up with intraday VWAP or a nearby high volume node.$91,400
Deeper rotation target, corresponding to a likely value area zone from recent sessions. If price reaches this level with no strong buying response, it signals that sellers still control the auction and shorts can keep a runner.$90,200
Greg’s recent reference area and the prior recovery starting point. If price revisits this zone, it will be a critical test of buyer strength. For short traders, it is a logical place to take substantial profits, because this is where stronger dip buyers may step in again.Optional extended target for more patient swing traders:
$89,500
This would be reserved for runners only. It aligns with a plausible deeper mean reversion zone and potential high volume support area from earlier in the move.As always with tradeCompass:
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You do not have to aim for all targets.
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Think in layers – secure gains at early levels and let the remainder position tell you whether the move is strong enough to continue.
How this fits with Greg’s bullish map
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Greg’s upside focus talked about a move back above short term moving averages and the targets around $93,091 and $94,229.
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Today, tradeCompass sees current price overlapping those upside targets, which often means we are entering a distribution or decision zone, not a fresh breakout stage.
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If price pushes above $94,250 and holds, the bullish roadmap reactivates and traders can look again toward higher levels based on Greg’s analysis and any updated resistance zones.
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If price rejects this area and trades below $93,100, the priority shifts from “buy the recovery” to “fade the exhaustion” and aim for the downside targets above.
Short Educational Note for Traders – Recognizing sustained breaks
A key part of tradeCompass is not just drawing levels, but judging whether a move beyond a level is real or just a quick spike. For example:
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A single candle wick below $93,100 that snaps back above quickly is not a solid break.
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Several candles closing below the level, or a clean impulse move that holds under it with lower highs, carries more weight.
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Some traders use fixed rules like “two consecutive closes below the level” or “wait 15 minutes after the break with no return above” to filter out noise.
Your own confirmation method can differ, but it is helpful to systematize it. On investingLive we have an education piece specifically on recognizing a sustained move beyond a key level, which you can reference from within this article.
Trade Management Reminders (tradeCompass style)
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One trade per direction per tradeCompass map:
If the short scenario plays out and hits its main targets, avoid chasing further shorts from the same map. Wait for a new compass update. -
Stop loss logic:
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For shorts activated below $93,100, set your stop above the activation band, with a small buffer, not directly on the line.
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Never place your stop beyond the opposite threshold. In this case, if $94,250 is your bullish invalidation, you should already be out before that level breaks.
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Partial profits and runners:
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Take partial profits at the logical levels listed above to reduce risk and emotional pressure.
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After TP2 is reached, move the stop to entry (breakeven) to protect the trade and let the runner attempt to capture a deeper move.
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Flexible confirmation:
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Conservative traders can require stronger confirmation (multiple closes, momentum checks, or order flow signs).
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More aggressive traders may enter earlier but should use tighter stops and be quicker to scratch if price snaps back above $93,100.
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Disclaimer
This tradeCompass Bitcoin futures map is decision support only. It is not investment advice and does not take into account your personal financial situation, risk tolerance, or trading style. Bitcoin is a highly volatile asset and futures carry leverage, which can amplify both profits and losses. Always size positions responsibly, be prepared for slippage, and remember that even well planned setups can fail. Trade at your own risk and consider consulting a licensed financial professional if you are uncertain.
This article was written by Itai Levitan at investinglive.com.
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investingLive European FX news wrap: Swiss CPI misses again, USD falls as yields retreat
- US MBA mortgage applications w.e. 28 November -1.4% vs +0.2% prior
- ECB’s Lane: Counterproductive to respond to near-term deviations
- Dollar continues to ease lower to start December trading
- The INR falls to a new all-time low with RBI expected to cut the repo rate on Friday
- Eurozone October PPI +0.1% vs +0.1% m/m expected
- UK November final services PMI 51.3 vs 50.5 prelim
- Eurozone November final services PMI 53.6 vs 53.1 prelim
- Germany November final services PMI 53.1 vs 52.7 prelim
- France November final services PMI 51.4 vs 50.8 prelim
- Italy November services PMI 55.0 vs 54.0 expected
- China reportedly to likely still target 5% GDP growth for next year
- Spain November services PMI 55.6 vs 56.1 expected
- Switzerland November CPI 0.0% vs +0.1% y/y expected
- What are the main events for today?
- Goldman Sachs eyes weaker dollar going into the turn of the year
The main highlight of the session was the Swiss CPI report. The data missed expectations once again but the reaction in the CHF was fairly muted. This is mainly because the SNB has stated several times that the bar for negative rates is very high, so it leaves us with basically no space for further easing.
We had also the final services PMI for the UK and the major Eurozone economies. All of them were revised higher, showing that economic conditions remain upbeat. The data didn’t change anything for the ECB or the BoE though, with the former comfortably on the sidelines and the latter expected to deliver a 25 bps cut this month.
The most notable mover in the session was the US dollar as it fell to new lows against most major currencies. The retreat in Treasury yields definitely didn’t help the greenback. This is still in line with the view of slow depreciation into the FOMC after Fed’s Williams endorsed the December cut.
A rate cut is now a done deal, and we just have the US ADP, ISM Services PMI and Jobless Claims separating us from the FOMC decision next Wednesday. We will likely need notable upside surprises in the data to give the US dollar a boost.
This article was written by Giuseppe Dellamotta at investinglive.com.
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TRY: Istanbul CPI suggests moderation ahead of national inflation data – Commerzbank
Istanbul’s November CPI fell to 38.3% y/y from 40.8% in October, signaling potential moderation in today’s national CPI figures, with consensus forecasts pointing to a decline in Turkey’s headline inflation from 32.9% to 31.7% y/y. 1. -
EUR/JPY steady as Eurozone data supports EUR, Yen gains on BoJ hike expectations
EUR/JPY trades around 181.30 on Wednesday at the time of writing, stable on the day. -
AUD/USD hits multi-week high amid RBA’s on-hold bias – BBH
AUD/USD rallied to near 0.6600 as Q3 GDP data, though weaker than expected, confirmed strong private investment and household demand, supporting the RBA’s on-hold stance. -
Okta shares fall as company declines to give guidance for next fiscal year
Okta topped Wall Street’s third-quarter estimates and issued an upbeat outlook, but shares fell as investors had high hopes for AI demand.
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