The DXY spiked higher from the 104.20 price level to 104.60 during the release of the FOMC interest rate decision and the press conference. The move higher has continued through the Asia session with the DXY now approaching the 105-round number level (around the 50% Fibonacci retracement level from the move yesterday) This bullish move in the DXY is likely due...
The chart explains itself really but we can see that BTC PA has not been effected Directly but more by the impact on other organisations, Mostly Banks. What will be interesting to see i nt eh coming months, is what happens when the FED curs rates, probably in September 2024. On average, when the FED Pivots, Stocks fall...people tend to forget this. We shall...
The U.S. Federal Reserve is anticipated to maintain the federal funds target range at 5.25%-5.5% when officials conclude their two-day meeting on Wednesday. Investors will be scrutinizing the statement to learn when the central bank might eventually reduce its rate and the potential frequency of such cuts this year. Market expectations suggest a possible rate...
The US federal Reserve is not the only major central bank making an interest rate decision this week. So too, will the nonconformist Bank of Japan (BOJ). In its April policy meeting, the BOJ highlighted upside risks to inflation and indicated readiness to adjust monetary policy, if necessary, although it expects to maintain its current policy for the time being....
It would surprise many. So far House prices have been holding up with rates going parabolic Strong economies can usually handle a few years of stable rates in around 5% Supercycle's generally last 16-18 years As we saw in the great Bull run of 1982 to 2000 A repeat of this cycle timeframe: would mean #Bitcoin top 2025 (2009 inception) #Stocks 2026 (march...
The 2Yr yield has paced itself recently. The 10Yr #yield is picking up steam. Both went from a bearish moving average crossover, circles, to a bullish (Data not seen here, more info in profile) 2Yr is almost @ last years bank failure rates. 10Yr has been trading mostly above. Weekly 2Yr looks like it wants to skyrocket, if breaking out of the ascending triangle...
Going along with my usual 'Key Hidden Levels' in the markets perspective that NEWS is an important price level to mark on charts so it is visible to everyone, I have created the update to the "Rate Hiking Cycle" chart. The purple triangles and lines are the range of the day of the announcement and the mid-point of the day plotted horizontally forward. With this...
BLUE SKIES Would you have believed it If you were told a year ago. When every expert was predicting a recession. (which will come of course but when no one is expecting it ) So the conditions are set for a melt up I believe #Bitcoin bottoms very shortly maybe this week or next (grab some bitcoin miners!) ENJOY THE NEXT few months! #CNBC will trumpeting SOFT...
Why might Gold prices decline? Persistent Inflation: When prices exhibit stickiness, it means they don't adjust swiftly to changes in supply, demand, or the overall economy. If inflation remains high despite efforts by the Federal Reserve (the Fed) to manage it through interest rate adjustments, this scenario is termed sticky inflation. Federal Reserve and...
What are our thoughts on Bitcoin and the overall market/market sentiment? I have too many words right now for the markets. So many things converging as far as the dollar, rates, equities, and crypto. This chart is gorgeous and I love seeing the false breakdown over the Iran/Israel headlines. The bullish divergence on the RSI is also lovely. The SPY has finally...
🔮🎓 Nailing Bitcoin Analysis: Amidst FUD, SEC, ETFs, FEDs, and More 🚀💡 Traders, it's FXProfessor here! We're slicing through the noise of FUD, navigating SEC updates, analyzing ETF flows, and eyeing the Fed's next move, all while my Bitcoin long ideas continue to be spot-on. 🧭📊 In the wild world of crypto, where every headline can stir the pot, staying focused on...
Nice little inverse head and shoulders Yep! #Inflation is sticky & persistent High prices for goods & cost of living not only to remain high but if the #fEd starts dropping rates expect another spike up
Today's focus: USDCAD Pattern – Heavy Resistance Support – 1.3514, 1.3454 Resistance – 1.3602 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDCAD daily. What are we discussing and asking today after looking at USDCAD? Will current heavy resistance contnue to block buyers? Does price have enough momentum in its current bull...
Throughout US economic history Only high real rates has brought down inflation i.e Interest rates ABOVE the rate of inflation obviously this will induce demand destruction and a decline in the earnings of companies Lower p/e's and lower prices across the board. #FinancialRESET #HOUSING #Nasdaq
The market's recent rally (indices are up 25% since November!) feels frustrating. It doesn't seem to reflect the economic realities we're facing. Inflation is cooling, but it's still above targets. The labor market is strong, which might seem good, but it could be unsustainable with high interest rates. We're seeing layoffs, which contradicts the market's...
Today's focus: GBPJPY Pattern – Continuation/resistance test? Support – 188.20 Resistance – 191.15 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the GBPJPY daily. The BOJ lifted rates today to 0.10%, breaking the run of negative rates and showing a change in direction not seen since 2007. The BOJ also advised an end to yield...
Before significant interest rate hikes, I have claimed that Bitcoin is decoupling from the rest economy (which probably happened). However, the effect of rising interest rates still had some power over the Bitcoin in the tank. It seems that this power of raising interest rates is diminishing for Bitcoin relative to the rest of the economy which will probably...
This video highlights interest rates dropping prior to Fed Meeting prior to March 2024 Meeting. Indicating a Strong correlation for Technical analysis over Market Media.