Zeahl_Capital

Zeahl_Capital Updated 

Similar to the USDJPY trade I'm taking a position based on two things, price is at channel resistance whilst DXY is at support. Granted, DXY hasn't necessarily been performing well in the past couple of months but I believe we have found a bottom. I think we see a DXY rally which will negatively effect other currencies vs the USD base.

Zeahl_Capital Updated 

CME_MINI:ES1! So I opened the chart at the weekend and flicked through the time frames and upon punching the Weekly I noticed the 21EMA and the 89EMAs were pretty tight. I decided the rest of the morning looking through the historical relationship of these two EMAs. It turns out that each time the 21EMA has come down to the 89EMA, there has been a violent...

Zeahl_Capital Updated 

USD despite it's apparent weakness lately looks ready to go on a run against the yen. The double bottom looks good and a run to range highs at 148 looks probable. I'm long from 130 and will hold this to range highs. Inversely I'll Martingdale down to the yellow circle, around 126-127 where the next support is. If price gets down to those levels you're going to...

Zeahl_Capital Updated 

Crypto and a fave of mine, Chainlink . $LINK has been in a range for almost a year. With crypto in general moving up in Q1 of this year this is one to watch. There is a diagonal resistance from Aug 2020 on the horizon. Diagonals over a long period are ones to watch and a flip here could see buyers rush in. This is probably a good place to accumulate but if...

Zeahl_Capital Updated 

Bitcoin has been on a tear in Q1 rising 70% in the first three months of the year. Price is now approaching two major resistances near 30k. The horizontal resistance and there is the diagonal from April 2021...two years ago. I expect BTC to tag 30k before correcting down to the 25k range break. Price action there will determine whether this is a bull market or...

Zeahl_Capital Updated 

One of the industries I'm looking to accumulate heavily in the bear market is AI and Tech. Nvidia is a leader of it's field and will be one of the main companies that rises from the ashes better and stronger. Nvidia went on a crazy run 6 years going from around 7USD to 300. It's now down 50% from its ATH and like most stocks, I expect them to keep bleeding...

Zeahl_Capital

Gold flipped the previous resistance as support and now broke out of a channel. With the economy in dire straits, cash money looking rather unattractive and stocks overvalued I expect a strong move on gold in the following years. Chart isn't overly analytical. Just a rough idea based on past performance.

Zeahl_Capital Updated 

The DXY has been on a rip in 2022 with the US Dollar rising significantly against major currencies. This channel has been pretty consistent and the latest price point is at the peak of it. A strong DXY tends to correlate with weak stocks and risk on assets. Vice versa, a correction here would provide some relief for the markets and currency pairs such as the EUR...