The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital) Scandals like...
After the 18100 support breakout now acting as a resistance, bitcoin has clearly rejected it with a very bearish pin bar indicating the selling pressure from the resistance. That came as a result of FTX bankruptcy and SBF's arrest, now with Binance FUD things are getting a lot crazy, the largest crypto exchange by volume is experiencing US media pressure causing...
I'm not going to bore you with economic data, we all know the fed will continue to raise rates until the economy shows signs of weakening. The fed WILL pivot and we will see the market turn. So a weakening economy should be bullish for the market.. sounds crazy but bad is good now.. Please if your expert at Elliot wave I www.tradingview.com would love to hear...
Hey traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.207 zone, we are looking to short the retrace of the bear flag along with the downtrend is combination with the daily supply and demand zone. we are also expecting some short term USD strength based on the last hawkish fed speech. Trade safe, Joe.
After last weeks FED and ECB markets were left adjusting to Powell and Lagarde's comments. FED will have to continue on with rate hikes well into Q2 '23 when they can start a pivot of no hikes, but certainly not making any cuts either. Rates will be held until they feel they have things 'under control'. While Lagarde sounded 'hawkish' it doesn't change high...
CBOT: Micro E-Mini Dow Futures ( CBOT_MINI:MYM1! ) The Fed’s 2022 Rate Decisions While we reflect on 2022, an eventful year full of “the unexpected”, rate hikes have undoubtedly dominated the headlines. In eight rate-setting Federal Open Market Committee (FOMC) meetings, the US central bank hiked the Fed Funds rate seven times, taking it up from 0.25% to...
Taking a look at the Daily chart for the SP500. We can see a near perfect downward channel filled with dumps and scam pumps. Last week we saw a big rejection off of the 4100 resistance that we pumped up to back in September (yellow line). Then the subsequent FOMC rate hikes and CPI numbers pushed us lower. We'd expect to see a bit of a relief rally back up to...
Bearish outlook, if there's a retest and rejection of that broken trendline. The price is open to a drop till 15k retesting a psychological line in the sand
**Repost from Dec 13th 2022 since the original post disappeared** Economic indicators from the past month indicate that the price of services is the key factor that helps prevent a rapid decline in inflation , although the price of goods had already dropped considerably and the labor market remained strong, showing no signs of slowing down the inflation rate. ...
XAUUSD ANALYSIS PREFERENCE LONG Long Target 1784/1805 Pivot 1770 Short Target 1765/1758
DXY D1 - Still technically in a downtrend here on the dollar, following Wednesdays economic action we have seen a bit of a confused dollar in my opinion. Contradictory closes amongst commodities, FX, stocks and mutuals... We closed red on Wednesday, recovered Thursday and we now sit at the pivot point of D1 and H4 area of S/R. Interested to see whether we have...
The important news has passed and now it’s time for new trades. Yesterday we saw another rise on EURUSD and a sharp reversal. This gives an opportunity for sells with stop above 1,0735. The goal is to reverse the H1 trend and head towards parity. Breakouts of the previous levels will give us a confirmation of this movement .
The GBP/USD dropped sharply on Thursday, mainly due to a stronger U.S. Dollar at critical times for currency markets, following decisions from the Federal Reserve, the European Central Bank and the Bank of England. As expected, the Fed, the ECB and the BoE raised key interest rates by 50 basis points, amid high inflation. There were no surprises there. At the...
Looking at the Weekly Bitcoin chart. We've mapped out a key level that Bitcoin shattered down through with the FTX news, but has since failed to reclaim and break back through. FTX collapse aside though, we can see that this 18K level is where Bitcoin skyrocketed past in late 2020. Thanks to Uncle Sam's stimulus checks of course... Over the coming weeks, this...
Yesterday Fed has released the interest rate once again with 0.5 % and closed the year by 4.5 % overall but in conference once again we observe dawish speech during the conference and the most important thing for the Fed and US is to decrease the inflation and come back again to 2 percent CPI data showed that FED did a great job during the dawish policy i do...
OANDA:NAS100USD is playing my S/R (support/resistance) levels. Next strong support zone is 11193 - 11268.5. If the price slips below 10910 and stays there for a while I will be considering this as a strong signal for the price to renew ATL of this year. If FED slows down interest rates hike (will find out Dec'14th) I expect to see an impulsive growth from...
US FED DECISION Bitcoin Reached 18400 before selling off to 17800 due to the market's reaction to the US Fed's decision to raise their key interest rate by 50 basis points during yesterday's session. As we all know, the market tends to react positively in a low-interest environment. Although this key rate increase is lower than the previous quarter's 75 basis...
Third day in a row of extremely important news. Yesterday the FED raised interest rate by another 0,5%, let’s see ECB’s decision. There are no selling grounds based on the reaction from the zone and it is possible to see higher values. Bare in mind that the press conference is 30 minutes after the announcement of the interest rate.