Greetings Traders, Our spotlight is on XAUUSD, where we are actively eyeing a potential buying opportunity around the 2015 zone. As gold trades in an uptrend, it currently finds itself in a correction phase, steadily approaching the trend at the critical 2015 support area. This numerical level carries historical significance, serving as a vital juncture where the...
Inflation ( CPI ) - A Battle Already Lost I've recently shared my outlook on CPI and where I think its headed in the months ahead but after further review, it seems that I've previously overlooked certain signals which should have altered my perspective in a way that it did not. Based on discovery of those signals, I have now updated my anticipatory CPI chart...
It would be awesome if TradingView offered a candlestick chart for CPI but considering its only updated once per month, maybe the line graph/chart is the best option (not sure how that works). As for the data available to me, I've done a best effort markup using the science of Elliott Wave Theory. Considering the fluctuations seen on the M(onthly) chart, I believe...
Content: • Why CPI could be at the beginning of a rally? • On 14 Dec 21, Fed: “Inflation is not transitory” changes everything • Strategy to counter inflation Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader,...
Understanding what CPI is and the effect that it has on the stock market is an important tool to have in your arsenal as a trader. Watch this video to see what I am looking out for with today's release. Happy trading! Linton
Many are bracing for "ugly" numbers for inflation in the United States in this week's Consumer Price Index report - as high as 8.4%. Inflation was, of course, the result of the US Treasury having printed record amounts of money in recent years - highly accelerated in the last few years due to COVID spending; further made worse by lockdown procedures that caused...
Crypto Inflation vs US Inflation, Who Wins?
Amid rising concerns on inflation, today's release of Consumer Price Index (CPI) data for February is among the most anticipated event of the month. The CPI acts as a gauge for inflation, where it measures the average change in prices over time that consumers pay for a basket of goods and services. The CPI data vs Analysts' estimates is as follows, CPI: 0.4% vs...
Today, there is a number of medium impact news, among which Consumer Prices Index and Fed Chair Powell speaking are expected to have a high impact. Consumer Prices is a number, so I circled back to its previous releases to examine the possible impact. See the charts below. Greater than to forecast is supposed to be good for the currency. 13.1 . 10.12 . ...
Inflation is erosion of the dollars buying power: ( when consumer prices are changing (rising) faster than the value of the dollar.) One way to quantify this is the ratio between the Dollar (DXY) and CPI (the Consumer Price Index). A decrease in this ratio is consistent with the concept of inflation As of August 9th 2020 two analysis below (A & B) show** the...