Technical Analysis and Outlook: The Euro Dollar bearish downtrend price action continues to our Inner #2 Currency Dip $1.1498 target. Formation of Mean Res $1.1619 and sell trade is confirmed - The near-term currency trend sentiment remains very negative. Trade accordingly/appropriate to your risk strategy.
Hello Welcome to this analysis about CENTRAL BANK , we are looking at daily timeframe perspectives. CENTRAL BANK in recent times heavily decreased with bearishness however it now moved into an oversold condition. CENTRAL BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation CENTRAL BANK is developing here...
1. Positive divergence in RSI 2. taking support from main trendline 3. taking support from important level 19.55 4. taken support from 200 EMA daily time frame
The last-minute decision. During their monetary policy meeting earlier today, the Reserve Bank of New Zealand (RBNZ) carried out a last-minute change in decision, holding its overnight cash rate unchanged at 0.25%. New COVID case in six months thwarted RBNZ’s rate hike plan. Just yesterday, the first local COVID case was reported in New Zealand in six months....
Three days ago, the Reserve Bank of Australia (RBA) delivered a little surprise when it decided to stick with its quantitative easing (QE) plan announced back in July despite the recent spike in COVID cases in Australia. (Refer to my post "RBA Sticks With QE Tapering Plan (04 August 2021)" on RBA monetary policy) Details on why the central bank decides to...
The BoE’s decision. As widely expected, the Bank of England (BoE) carried out no change to its monetary policy during its meeting yesterday. Interest rate remains at 0.10% with all eight voting committee members voting for no change. Quantitative easing (QE) remains at £895 billion in total. Michael Saunders, one of the hawks of BoE, voted for a reduction in...
Just a couple of days before the release of the long-awaited U.S. nonfarm jobs report, several Federal Reserve committee members expressed their hawkish views on an QE tapering. Fed Vice Chairman sees QE tapering to start this year. During his speech at the Peterson Institute for International Economics yesterday, Fed Vice Chairman Richard Clarida said that...
The RBA’s decision. During their monetary policy meeting yesterday, the Reserve Bank of Australia (RBA) kept its monetary policy unchanged, holding interest rate at 0.10% and quantitative easing (QE) at a rate of A$5 billion per week. A little surprise. With the recent spike in COVID cases in Australia due to the highly contagious Delta variant, the market was...
Ethereum has been straight running lately, and we have wonderful fundamentals underway with the heavily anticipated upgrade coming very soon. It is worth advising that there is clearly risk of a "sell the rumor, buy the news" event taking place that upon realizing the upgrade we will see those that had accumulated risk off into further strength. While this is a...
The Fed’s decision. The U.S. Federal Reserve delivered no surprise during their monetary policy meeting earlier today as widely expected. The Federal Funds Rate was held unchanged at the target range of 0-0.25% while quantitative easing remains at $120 billion per month ($80 billion of Treasury securities and $40 billion of agency mortgage-backed securities). ...
New monetary policy strategy. Earlier this month, the European Central Bank (ECB) reconvened its policy review that was postponed since last year due to the COVID-19 pandemic. During the review, the central bank revised its current goal of achieving an inflation level of “below, but close to 2%” to the new goal of achieving 2% inflation with overshoots allowed....
Gold is showing us a really nice looking monthly inverted head and shoulders pattern which target would bring it to new all time highs Check out my Inverted head and shoulders analysis on Ethereum back in 2020 november which did hit the targets
Welcome back to my weekly educational video! Inflation is here! Yes, but the market knows it... + A brief global macro overview (this time with decent audio quality!) + Who's buying bonds at these yields? Japanese investors!
Waiting to see if this cup n handle will be verified as true, I'm skeptical though with the sharp decline back in Feb/Mar of last year invalidating it. This made a move yesterday exactly towards the bottom and bounced right at trend line indicating there is a good resistance down there. We have been range bound in the S&P for the past 14 days not making a move...
Hello Traders! Because we have a central bank divergence and yield divergence between AUD and NZD after last week RBNZ. Wait for it! TP-s labelled with green line. Have a great day and a greater week! Best wishes, Vitez
> The most sociopathic despair scam and the scammiest of all "it's the future" tech/blockchain scams in the same year. I love scams. And I love criticizing them. I love warning people, and I love when deluded bagholders get mad. First scam (family of scams): With covid, crooks are jumping on the new opportunities which are the vaccine scams. You got the fake...
We are living through the greatest economic expansion in American history. It has become very clear to me that the stock market is no longer a measurement nor reflection of the health of the "real economy" where average everyday people make their income. If it was then the federal minimum wage should be over $30 an hour compared to economic gains our economy has...
Hello Traders! There's a central bank divergence between the FED and the BOE which supports the Pound against the Dollar. I labelled a possible entry for a swing trade with great risk reward. If risk sentiment is continue being risk off and there's more dollar upside then the idea is invalidated. Have great day! Best wishes, Vitez