Technical Analysis and Outlook: Bitcoin prices completed a rebound to our Mean Res $21,600 and some more as specified on ''Daily Chart Analysis For September 9''. Currently, the crypto is in the process of revisiting our Key Sup $18,900 and completed Outer Coin Dip $18,665 with the possibility of extending to the prevailing move to #2 Outer Coin Dip. There is a...
This post is intended to show the current gap between the market for the 2 year US treasury yield on bonds and the official funds rate, and why the market is forcing central banks hands into raising interest rates when the market is in such a fragile state in ability to support and maintain debt at heighten interest rate levels. Simply put, bond market are...
FOMC FED Net Liquidity Central Bank Balance Sheets: United States China Japan Italy DXY EURUSD CPI PMI
Eurodollar has completed Interim Rebound and continues to hove near the 1.000 threshold by closing slightly below critical Mean Res 1.005. The Key Sup 0.9880 and our open Inner Currency Dip 0.9852 continue to be the main target, with further expansion to the Next Inner Currency Dip 0.9570 and the lower mark is in the making.
Technical Analysis and Outlook: Bitcoin prices had rebounded from our Key Sup $18,900 and completed Outer Coin Dip $18,665 as specified on ''Daily Chart Analysis For September 2'' and moved aggressively to our Mean Res $21,600. As of this publishing, the coin's main retreat target is $20,200 before resuming up move.
For readers who have been following us right from our first ever TradingView idea, you’ll recall our first ever trade idea on long USDCNH. It’s been a fun 5 months writing and sharing our thoughts with the community. Much has happened since April, but two critical things stayed the same. The US Federal Reserve remains hawkish, raising rates, while the PBoC...
The question on most trader's minds is whether USD/JPY will finally test 140. And another question is whether the BOJ (Bank of Japan) could intervene to weaken the yen and send USD/JPY lower. But it should be remembered that it is not an exact level in which the yen trades as to whether the BOJ intervenes, but how quickly it gets there. The BOJ have made it clear...
Technical Analysis and Outlook: On the Bitcoin chart, the prices are sliding lower - first lever support is weak Sup at $19,540, next is major Key Sup at $18,900, and completed Outer Coin Dip at $18,665. An ultimate trip to #2 Outer Coin Dip of $15,500 is in the making.
Technical Analysis and Outlook: On the Bitcoin chart, the harsh price bar refers to the current down path, which is designated at Key Sup at $18,900 and completed Outer Coin Dip at $18,665, a descriptor of Bitcoin's volatile market price action. However, outside of these predictable analysis indicators designated by TradeSelecter, other economic and political...
Technical Analysis and Outlook: The Bitcoin penetrated our Mean Sup of $22,575 and settled at a Mean Sup of $20,780. The rebound to Mean Res $24,450 is possible. The primary destination level to Key Sup 18,900 and Completed Outer Coin Dip $18,665 is in the process.
Technical Analysis and Outlook: The coin is heading to Outer Coin Rally at $27,800. The primary support level is resting at $22,750.
Technical Analysis and Outlook: The repeated retest of completed our Outer Coin Rally of $24,150 took place on July 29,30, and 31. The Mean Sup of $20,780 is the main target. There is a slight chance for a breakout to Outer Coin Rally $27,800.
Technical Analysis and Outlook: After completing on July 20 our Outer Coin Rally of $24,150 and retreating to Mean Sup $20,780 (See Bitcoin (BTC/USD) Daily Chart Analysis For July 22), Bitcoin bounced back to competed Coin Rally and showing signs of extending its rally to Outer Coin Rally #27,800. However, if all fails, the coin will take us back down to Mean Sup...
The pair is sitting below the 50 day SMA after clearing a trendline. I would like to see more action within this zone supporting a long trade considering that the zone also has a resistance level which the price broke to the downside in June. Failure to break above this level will invalidate this idea. Therefore, the 0.86xxx and 0.83xx will come into...
Technical Analysis and Outlook: Bitcoin hit and completed our outer Coin Rally of $24,150 and currently retreating to Mean Sup $20,780. Extended down the path to Key Sup $18,900 and completed Outer Coin Dip is very probable - #2 Outer Coin Dip $15,500 mark is in the making.
Technical Analysis and Outlook: Bitcoin is trading above $20,000, bouncing off our Key Sup $18,900. The coin is facing up-take to the Mean Res $22,350 mark. If all fails, the coin will take us to the retest of Key Sup $18,900 and #2 Outer Coin Dip $15,500 mark once again, and down we go to #2 Outer Coin Dip $15,500.
Technical Analysis and Outlook: Bitcoin is trading under Mean Res $20,350 - the current path is to the downside revisiting our Key Sup $18,900 and completed Outer Coin Dip $18,665. The coin is facing take-down to the #2 Outer Coin Dip $15,500 mark.