I believe eurusd is gonna make new highs after today's fomc number release! We have a daily order block and price can sweep the liquidity into this order block before going for the previous weekly high as the first target! It is much better if we do not touch the previous weekly high before the news! Otherwise the probability of the bullish case drops in my opinion!
AMEX:SPY Fibonacci Support and Resistance Levels FOMC at 2pm
As of late, the vast majority of us probably have been hearing about "too big to fail" or " a free market vs. a central market" What does all of this mean?" Well, let's go over some of the basic stuff. As in some of my prior posts, it is important to understand that the "Fed" does NOT control mortgage rates or loan rates from your local banks. Let me repeat that...
TVC:DXY Welcome, mingle around for a few hours, and have a seat... We have a special treat for you later in the day.
TVC:DXY Not expecting much from here on out. We are tail gating in front of fed meeting. Be careful
So while we wait on the next instalment of the DXY support Group ( FED) and its expected 25 point rise, which may possibly be the last one for now, I post the updated chart of its effect on Bitcoin PA and the US inflation index, which the rate rises are meant to be curbing You will alos note that the rate rises have had a minimal effect on BTC PA really, it has...
As we see, the USD technically show a several hint for bearish movement. The trendline create a breakout and another one of trendline show as a resistance of us dollar price. For this month expected the US dollar will make a downfall running. Ensure that you always need to update about the Us news before trade, Happy Trade everyone!!!
Unemployment claims are lower than expected (down) GDP is only 1.1% (the dollar will rise slightly) Personal expenditures are fronted by 1%, soaring to 3.7% (bad) Core PCE increased from 4.4% to 4.9% (bearish) Analysis: The U.S. economy is worse than expected and has clearly entered a recession. However, inflation and personal consumption are set to soar, proving...
In recent days, a variety of technology stocks have surged as a result of robust earnings reports. Microsoft's impressive cloud and AI performance have been particularly noteworthy, leading to a ~8% increase in its stock value. The company was on the verge of breaking its single-day record for market capitalization growth. In contrast, cryptocurrency markets...
Here’s an interesting chart: the inflation differential of the US and the EU plotted against the EUR/USD pair. If we approximate the range of the inflation differential with an upper bound of 1.5 and a lower bound of -0.5, we get a compelling signal for trading the EUR/USD pair. Buying EUR/USD when the inflation differential bottoms has resulted in success 4...
The title of this analysis reproduces with a clear synthesis the key concept about the FED's monetary policy. The inflation data released in recent weeks should not mislead us, the core data still remains high. My view at the moment is that Fed will still be hawkish through late 2023, so I expect more rate hikes at upcoming meetings. The banking sector is holding...
We can try to predict when the Federal Reserve may pivot to a less hawkish stance by using charts. Below are some helpful charts. 1. Money Supply The chart shown above is a monthly chart of the U.S. money supply (M2SL). The white line shows the money supply over time. Below the white line is a stepped moving average (9 period), which I consider the 'steps...
Just a quick look at multiple timeframes and what the charts may be telling us
Digital assets have had a strong early 2023 Digital asset prices, led by Bitcoin, have had a strong 2023 so far. Bitcoin is up by over 70% this year and Ether is up by over 50%1. Together, these two assets still account for over 63% of the total market cap of the digital assets space. While the US Federal Reserve (Fed) is still raising interest rates, the market...
Now, if the fed pivots may 2nd.. i'd expect walmart to fly sky high to new highs.. but theres a recession coming. Aint nobody going to buy walmart into new highs in the face of a recession. me thinks ****s about to hit the fan.
Logarithm. The time frame on both charts is 1 month. It is worth considering as an indicator of large market cycles in general. I will not describe it, because I have already said a lot about it before. There is a correlation, which is logical, but not always. There are also reasons for this, which I have voiced before. Expensive and cheap money - the...
In the lead up to the 1920s, the US Federal Reserve significantly increased its balance sheet by almost nine times, starting from 700 Million Dollars in December 1916 to 6.6 Billion Dollars by January 1920. This move was presumably to fund the US's entry into the First World War, which led to an increased demand for US government debt globally and loose lending...
The US annual inflation rate has slowed down for the ninth month in a row, hitting 5% in March of 2023. While this is the lowest it's been since May of 2021, it's still well above the Fed's target of 2%. Investors are trying to figure out when the central bank will put the brakes on its hiking campaign to slow inflation. The March FOMC minutes (released this...