The most important news coming up this week. CPI data is due tomorrow. We will se FED Interest rate decision on Wednesday. On Thursday ECB is expected to rise interest rates again. A proper money management and waiting for the right moment are extremely important when it comes to busy news week. We’re currently looking at the options to reverse the H1 trend.
Last time we analysed Silver, we identified that we were in a new bullish phase. A bullish wave consists of 5 waves. Waves 1, 3 and 5 are impulse waves and wave 2 and 4 are corrective waves. We are now in wave 2 of the bullish impulse, which is a correction. The correction we're getting is a 535 correction, which is also known as a zigzag. Wave A has 5 waves,...
This is DOLLAR INDEX (DXY) MONTHLY ANAYLSIS.. DXY Imminent Skyrocket Price is buying from Panic Zone (0 -382%) INSIDE MONTHLY DEMAND ZONE (PREVIOUSLY SUPPLY ZONE) We expect price BREAK 0% AREA (WEEKLY SUPPLY ZONE) and continue buying to TP1 A AND TP 2 B AREAS. TRIGGER: WAIT PRICE BREAK 0% AREA (104.620) When it's triggered, I suggest to open ...
Hi welcome to Team Decrypters Here is our Analysis of 4 pairs On how we are expecting the market to Move 1 - BITCOIN 2- NASDAQ 3- AUDJPY 4 - EUR USD THIS IS OVER AL LBIAS ONLY WE TRADE WHEN THERE WILL BE SETUP , ITS ONLY TO BE TAKEN AS TRADING PLANS 1- NASDAQ is on good level to sell 2- AUDJPY Good levels to Sell 3- Bitcoins good levels to Sell...
HI Welcome to Team Decrypters First of keep this in MIND this analysis is on Daily Now for this week :- This Week we have FED meetings + Press conference This Meeting + Press conference will be the Most important Meeting for this whole year in my opinion so There are 2 scenarios 1- Either FED Skip JUNE and Increase Rate in next Month - 2- They...
We can see that Dogecoin is giving us a perfect example of an impulse. We are currently in wave 4 and looking for a breakout. For confirmation, we are waiting for the break of the red trendline. Trade Idea: - Watch for breakout using the red trendline as confirmation - price to stay above blue structure = invalidation level below blue structure - Targets:...
May Inflation Data Release to Heighten Expectations of Rate Hike Next Tuesday, the United States is set to unveil its May inflation figures, impacting the Federal Reserve's upcoming monetary policy decision. Market forecasts anticipate a year-on-year increase of 4.2% in the Consumer Price Index (CPI), while the core annual CPI is expected to rise to 5.6%,...
Solana is closer to a break for the upside, The fed is now pausing and the economy is good enough, that is the green light that the crypto markets needed to get With the help of Binance recovery in the next following days, solana will rip higher with the rest of the market...
Cardano is going to $0.02 (2 cents) The bear market has not begun. Charles Hoskinson is a scammer. The FED confirmed this and 99% of other cryptocurrencies as securities. There is no hope left. Abandon all hope!!
Good day traders. International news recap. This recap has a high probability of influencing the international economic trends for the next six months. First, let us look at the trade balance of Mainland China, which stands at 452.3 billion yuan, compared to the previous value of 618.4 billion yuan (decreased by 26%). Furthermore, the trade balance in terms of...
AUDJPY setting up for a massive move lower. We are anticipating a move similar to wave W, which was over 1000pips. We are currently in a WXY correction. We've almost completed wave X. Looking for a rejection around the 618 fibonacci level. Trade Idea: - Watch for rejection or lower timeframe trendline break for a risk entry - For a safe entry, watch for a break...
The Canadian dollar is unchanged, trading at 1.3400 in the North American session. The Bank of Canada meets later today, and the money markets are expecting another pause, which would leave the benchmark rate at 4.5%. The BoC's rate-tightening cycle has been on a "conditional pause", which is another way of saying that rate decisions are data-dependent,...
Fundamental Backdrop BOC monetary policy statement today, expected to maintain. Potential bearish pressure coming into USDCAD if BOC hikes. Technical Confluences Near term resistance level at 1.36374. Near term support level 1.33166. Idea We believe that the BOC will maintain interest rates and this will solidify the notion that USDCAD will...
Fundamental Backdrop RBA hike rates by 0.25bps today, resulting in strong bullish momentum. RBA hiking rates highlights the stubborn level of inflation that AUD faces. Technical Confluences Near term resistance level at 0.67066 where price can potentially react to. 0.67066 will serve as a point of target. Idea Will wait for retracement before...
The medium- and long-term forecast of a serious fall remains in force , but so far there is no confirmation of its beginning, we are focusing on the above levels. Technically, we can still show a small increase, fundamentally the situation is unstable and the fall can begin at any moment. There are serious problems in the banking sector , the prospects of a...
EURUSD is on a downtrend both long term and short term, it may possibly go to test for support at 1.04528, It is wise to sell on Monday also based on the hawkish fed and the carry trade.
In this video we look at the impending $800b T-bill issuance from the US Treasury to rebuild its cash levels at the TGA – will this lead to higher volatility in financial markets as reserves are taken out of the system? Will concerns on bank credit kick back up, or will this prove to be a non-event? We look at the indicators you need can use in TradingView to...
Fundamental Backdrop ISM Services PMI forecast at 52.6 with 51.9 previous. EUR Services PMI along with ECB Lagarde speaking may induce volatility in the market. Hawkish tone will result in bullish momentum in EURUSD, vice versa. Technical Confluences Resistance level at 1.0765 where price has rejected. Support level at 1.0533 which could be a potential...