News shows Putin's party probably won parliamentary elections in Russia
The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021).
The index put in a small bearish shooting star last week.
Confirmation would be if it broke the rising uptrend connecting lows of past few months
Y’all this is huge … during midterm elections the democrats are hoping for no republicans blowout but suddenly it will happen or too close to call.
In congress it’s very unclear and too close to call what it’s going to happen.
But will the republicans blowout will cause an economic crash ? Or how the Feds reserve will react to it because the next interest rate...
In this video we address potential market outcomes of the current scandal engulfing Boris Johnson's leadership.
We see 3 potential outcomes, I've listed them briefly below and fully explained them in the video.
Option 1 - Boris Johnson resigns quickly and Rishi Sunak becomes the new prime minister. This would be positive for the GBP
Option 2 - We see a messy...
GBPUSD
Intraday - We look to Sell at 1.2350 (stop at 1.2415)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
Monthly chart shows you a bearish bat with possible targets for the new bull run. I can see a retrace one more time (after US election results?). It all depends on what covid19 will bring to the table for the next 6 months... rest will be history again.😊 Please feel free to comment below if you have any further questions or if you see something different. Cheers! 👍
Dear traders!
USD and CHF are said to be some of the bests safe-haven assets, that retain value over downturn or "bad" news. Here is my idea on the USD/CHF pair over the coming period of time.
Technical analysis:
As we can see USD/CHF pair has been in a downtrend for a long time with more consolidated movement over the last periods. However, since mid-March,...
We have a higher chance of continuing lower with the bearish momentum on the $.
Though we have seen a nice rejection of this support and the momentum has slowed down.
Whether we see a continuation of the current trend or we break the trendline and go higher.
The fundamentals this month should aid this move whichever way it goes.
Interesting times...
fandumental :
Since the beginning of the Corona pandemic, the dollar index has been in a bearish channel and has returned to its support level 3 years ago.
With the formation of Biden's democratic government and the Democrats' monetary policies and their use of economic pyramids, we expect the dollar index to rise.
technical: In daily timeframe, we see the...
Gold has had a great start to the year after enduring a difficult final few months of 2020.
The yellow metal smashed through $1,900 and hasn't looked back, seeing some resistance around $1,950 but not pulling back in any significant way.
The backdrop of a softer dollar is continuing to be supportive for gold, although that could be tested in the coming days...
NYSE:RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of $RGR. If confidence exists in a Biden victory, traders simply aren't...
Good morning traders..
So i decided to go into slightly more detail on how i look at my charts.
Hope it gives you an understanding of how I look at the markets.
If you have any questions feel free to ask away!
Cheers :D
Trump was diagnosed with COVID last night. His betting odds have dropped to under 34% which means you could easily triple your money if he wins. Chances are high (99%) that he will survive the infection. And chances are also very high that he will win the election.
Many will say "look at the polls!" but as we know from the 2016 Wikileaks and election results, the...
S&P 500 Index (SPX) (November 18th 2020 through November 2021)
Low: 3010.3 points
High: 3876.6 - 3900 points
There could be some great buying opportunities ahead of us in the coming year, can't wait to see what 2021 brings us.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My...
Hey traders, how are you going?
Here is our take on GBP JPY - a long term view.
The eyes - are sell targets
The eyes - are potential buy zones.
it depends on your outlook.
Why are we selling?
The reason is - over exposed buyers, the GBP is very week right now
Seeking trade deals and the weakening of the GBP is clever for the trade balance and...
100% - Biden % - Trump %
Easy 'Math Chart'
I expect this to continue to decline as we get closer to Nov 3
People will choose the lesser of two evils however they see it
Much love
xoxo
snoop
