New iteration of fed balance,gold,dxy correlations -for clarity added fed total balance as line to the chart,candles for dxy and gold, text info on the chart. Currently gold vs dxy looks still very very 2013 - but even if it's 2013 - this can take time to resolve completly. s3.tradingview.com if we go further in time with gold and dxy - since 2003 fed balance...
BTC and NASDAQ chart correlation. Interesting to meditate on.
Hey tradomaniacs, technically we see a breakout and retest scenario in the daily-chart of Bitcoin. If the support-zone holds and the re-test is done we oculd see another strong iompulse to the upside and so a bullish scenario. Some of the pre-conditions are generally a risk-on-mood. Previous sell-offs have shown that Bitcoin is not really considered a safe...
Hey tradomaniacs, everything I wanna say is mentioned in the chart. Yields are currently falling due to more demand in Bonds (oversold market) which are attractive for investors who want less volatility. When there is demand in Bondy yields are moving down (negative correlation) which is dragging down the momentum for US-Dollar which should actually move up...
With the NQ drooping back to the 200 SMA, usually, the ES follows. That would bring the ES down to 4400.
Hey tradomaniacs, chaotic market huh? To be honest... I think the current move of US-DOLLAR doesn`t make any sense. I keep it simple and short, otherwise I`d have to break the mold. The data are mixed but do overall show a slowdown in the economy but at the same time rising inflation. Non-Farm-Payrolls: 199.000 less jobs than expected and the worst...
Bought RVNC Revance is a biotechnology company focused on innovative aesthetic and therapeutic offerings, as well as financial technology services for aesthetic practices.
This chart is intended to help visualize the possible correlation of a cryptocurrency with BTC, ETH, NASDQ and S&P 500. It was designed on a daily timeframe. The histograms are set on two different scales: the darker one on 7 candles and the lighter one on 30 candles. When the histogram is above the zero line, the correlation between it and the main asset is positive.
Hello traders! Today we will talk about 10Y US Notes and its negative correlation with USDJPY. 10Y US Treasury yields keeps pointing lower, as we see a bearish triangle formation within wave 4 correction that can send the price even lower for wave 5. If that's the case, then respecting correlations, USDJPY can see more gains for wave 5, as we also see a bullish...
Market Correlations and Yields The Canadian dollar is highly sensitive/correlated to oil and natural gas prices, as Canada is a big producer of both. Hence its economy is influenced by fluctuations in their prices. Higher oil and natural gas prices usually help the Canadian dollar and push the USDCAD lower. I have plotted the natural gas, oil and Canada/U.S...
hey tradomaniacs, technically we see a nice fakeout above trendline and so a good trap for buyers. Absoprtion took place and its more likely to see a falling pound vs the australian dollar during a risk-on-sentiment in stocks. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Hi followers, bullish flag on S&P500 is good for Bitcoin The US stock market and Bitcoin are moving in correlations most of the time. Right now we see very bullish formation on the S&P500, bullish daily flag, which suggests higher highs. Meanwhile Bitcoin is rallying and showing strength, those behaviors considered positive for the short-medium term. Don't...
Following the 2008 Financial Crisis, the Federal Reserve had to apply loose monetary policy measures in order to stabilize and stimulate the economy. The Fed started lowering the Federal Funds Rate back in late 2007, as a response to the rising unemployment at the time. This is the most traditional monetary policy measure, which aims to stimulate both businesses...
Hey tradomaniacs, with the retest of the previous breakout we could see another impulse upwards as UR YIELDS are currently falling, which is basically good for JPY. Interesting to watch would be AUD/JPY, NZD/JPY, EUR/JPY aswell as GBP/JPY since all these curencies against the major USD were very weak today as expected. JPY-Strenght could cause JPY-PAIRS to...
So if you thought cryptos were not correlated to the stocks, dollar or interest rates ive created them for you 🤣🤣🤣 subscribe like 😉
Looks like NZD is not really able to follow the risk-on-mood of stocks! With this rejection, eventually a nice upcoming momentum downwards! Watch this level carefully and wait for more bearish confluence! :-)
By looking at the daily chart, we can see the strong bullish rally that has occurred in the last 12 months taking the price from the March 18th lows of 2020 around $14 to the $63 all-time highs in the beginning of April, 2021. This represented an astonishing 350% gain for the stock in a year. However, the road to the above-mentioned all-time highs was not easy as...
Hey tradomaniacs, welcome to another trading-setup! USD/CAD: Daytrade-Execution Notice: Aggressive management as we trade with tight Stop-Loss. Market-Sell-Order: 1.22745 Stop-Loss: 1,22880 Point of Risk-Reduction: 1,22570 Take-Profit: 1,22310 Stop-Loss: 15 Risk: 0,5% -1% Risk-Reward: 3.0 LEAVE A LIKE AND A COMMENT - I appreciate every support!...