US10Y possible completed its "correction" @ around 2.500 (%).... A Time when stocks listed in Nasdaq starting to "fly" again?...
December, January and February: 3 months in a row bitcoin is getting hitting the pivots from below and making a new lower low. How long can this go without ANY decent relief rally. Today's Paypal and Meta showed horrible after hour moves, over 20% down. This should drag the NASDAQ down too. And we know what this means: BTC will move bearish or sideways base...
We can see a high correlation between the company and BTC since the pandemic. Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%. On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows), forming a kind of symmetrical...
Oil clearly took the up-ramp. Now as you can see CJ was playing pretty much playing a leading role on this chart, which spans from May last year. There have been three other occasions back in August and September last year where CJ dips before catching up with Oil. It signals a possible USD roll over, which often plays in the second half of the year. Should we...
USDCAD and USOIL are inversely correlated - meaning when USDCAD goes up, OIL goes down (and vice versa). In the chart we have USOIL at the top and USDCAD inverted at the bottom. It appears that USDCAD is ahead of Oil by around a month or so. When USDCAD started it bearish wave, USOIL was starting its bullish wave (after a month). We recently saw a third touch of...
Seeing that GBPAUD is correlated with AUDUSD, & AUDUSD is in a support zone, it is likely that if AU respects the support, we could possibly see this analysis play out & go short. There’s multiple technical confirmations that say GBPAUD will sell.
- well spotted by @trytofeelpositive Happy Tr4Ding !
Hey traders, in this week we are monitoring USOIL for a buying opportunity around 84.5 zone respecting the bullish channel in combination with the positive CAD data and USDCAD descending market and the strong negative correlation between these two pairs, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
On the top chart, price has cleared through support that has been holding for some weeks now for the US dollar. Current trend is making lower lows & highs as well. I am looking for the DXY to form a lower high & retest broken support as new resistance, where I will be looking for price to resume the downtrend for a new potential lower low. Vise versa with...
Correlation of US Gov. Bonds and BTC price increasing recently, as Market Cap of BTC increases drastically. Next i expect a 100% increase in yields over the next 3-6 month. and a price increase of 400% for BTC
Check out this correlation of BTC and Bonds on the daily. Bonds ALWAYS being ahead of BTC when it comes to pumps, while BTC dumps first. This makes me super confident, that BTC is on the edge of a massive Pump. I think bonds will pump up the trendline (related post) where they will get rejected.
Crypto proponents have long argued that Bitcoin and other digital assets, on account of their being an idiosyncratic asset class, could act as hedges against wild swings in other areas of the financial market. That proposition is currently being tested as more speculative areas of the market come under pressure amid expectations interest rates could climb higher...
Simple manual guide to better understand the relations, if there is any, between SPX & US10Y BONDS This is combing our four last studies into one comprehensive idea to try and figure out the patterns in both instruments. Thanks for your understanding if i missed one here or there or made some mistakes here and there. *** THE KEY FOR THE WHOLE STUDY IS : Daily...
VALID TILL 9:45 EST EMA confluence check 3GV (3 green vector candles uk close to us open Close past M2 would invalidate
Based on the correlation between AUDUSD, EURUSD, GBPUSD and USDCHF, 0.73340 is a to be soon expected target for AUDUSD
Based on the correlation between AUDUSD, EURUSD, GBPUSD and USDCHF, 1.3580 is a to be soon expected target for EURUSD