The Swiss Franc has seen some crazy moves since April. In the last quarter, we saw the CHF weaken on the onset of the Russian invasion. Then the SNB raised rates by whooping 50 bps for the first time in years. This led the Swiss government bond yields to spike with USDCHF weakened in days. Since then, speculators have pulled back rate hike bets in the face of...
The last time this pair dropped below parity, investors chose the CHF over the Euro. However, the SNB was worried about the deflationary aspects of such a move and acted to reverse the move. This time, the fundamentals are more or less the same or different depending on how you interpret it. The Euro zone investors are worried about the block tipping into a...
The pair has been pivoting to reverse May - June gains. The pair has been printing lower highs forming a descending triangle. A confirmation of the break on the daily timeframe will warrant a short-sale. Fundamentally, the AUD is struggling in the face of a global economic slowdown. The currency, a bellwether for global risk sentiment, weakened after the RBA...
Technical Analysis and Outlook: Bitcoin is trading at under $20,000 as it is waiting for oxygen therapy - with the possibility of making advancements to Mean Res $21,575 and a low probability additional rally to Mean Res of $22,670; currently sitting at our of Key Sup $18,900. The coin is facing take down to the #2 Outer Coin Dip $15,500 mark.
If the red trendline is any good (with 30 years of being in the financial markets doing economieetrics / fundamentals and asset allocation), then we are in for major shockS / disappointments in teh financial markets in the coming quarters. BUTT Coin is the posterboy of what is wrong with teh current financial system / CENTRAL bANBKETS / GEN X / GEN Z /...
Technical Analysis and Outlook: Since the June 18th completion of our Outer Coin Dip of $18,665, the Bitcoin is advancing slowly to our Mean Res of $22,670; however, if all fails, the coin will take us to the retest of Key Sup $18,900 and #2 Outer Coin Dip $15,500 mark.
Technical Analysis and Outlook: This week was marked by sharp declines and panic in the Bitcoin market. Bitcoin's trending price action hit our Outer Coin Dip at $18,665. With this primary path completed, upon verification (In progress), expect the rebound to Mean Res $22,670; however, if all fails, the coin will take us to the #2 Outer Coin Dip $15,500 mark.
Technical Analysis and Outlook: Bitcoin's trending range continues to be intact: Key Res is $31,780, to Key Sup is $28,600. The primary path to completed the Outer Coin Dip $26,700 mark is ongoing.
Technical Analysis and Outlook: The Euro has created a new Mean Res 1.077 and Mean Sup 1.065. The next strong resistance is in the 1.085mark. On the downside, the Mean Sup 1.056, Mean Sup 1.046, and Key Sup 1.038 are the primary targets - The ultimate Inner Currency Dip is marked at 1.031.
Technical Analysis and Outlook: Bitcoin's narrow trending range extended. The new expended Mean Res is $31,780, and the current Key Sup is $28,600. The primary path is to completed the Outer Coin Dip $26,700 mark.
Technical Analysis and Outlook: The Euro gained quite a bit over the trading week, breaking over our Key Res 1.062 price level. The next strong resistance is in the 1.08 area. On the downside, the Mean Sup 1.056, Mean Sup 1.045, and Key Sup 1.038 are the primary targets - The ultimate Inner Currency Dip is marked at 1.031.
Technical Analysis and Outlook: Bitcoin's narrow trending range continues. Between our slightly expended Mean Res $31,300 Key Sup $28,600. The primary path is to completed the Outer Coin Dip $26,700 mark.
Technical Analysis and Outlook: Bitcoin is trading within our Mean Res $31,100 key Sup $28,870. The primary path is designated to completed Outer Coin Dip $26,700.
Notes: Expecting financial markets to rally amid FOMC summer hikes. Entering "Complacency" (June 06, 2022 - Feb 2023) in market cycle. Entering "Anxiety" (Nov. 2022 - Oct. 2023) in market cycle. Hedge Idea (Long): Entry Price: $3,923.00 Entry Date: June 06, 2022 Price Target: $4,500.00 Date Target: Nov. 2022 (Short): Entry Price: $4,500.00 Entry...
Current Price: 1.04 Target Price: 0.99000 Target Date: Q4 2022 (6 month)
Henry Hub Natural Gas futures showing slowing momentum across the futures curve up to Jan 2024 ($NGF2024). Recent geopolitical risks i.e. The Russian invasion of Ukraine, have pushed the prices of both spot and futures of commodities higher. Natural Gas futures across the curve are tracking each other with a tighter spread till Jun 2023 implying that the market...
Technical Analysis and Outlook: Bitcoin has completed Outer Coin Dip $26,700. The current path is designated between $26,700 and Mean Res $31,100.
Technical Analysis and Outlook: Bitcoin is looking very bearish at this point. The current path is flagged to Inner Coin Dip $31,660 and Outer Coin Dip $30,800. A possible significant rebound is anticipated upon completion of Inner Coin Dip $31,660, while Key Sup $35,150 might offer transient upside movement.