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...
CME: Offshore RMB ( CME:CNH1! ), Micro RMB ( CME_MINI:MNH1! ) On April 5th, the Bureau of Economic Analysis reported the latest U.S. global trade data. For the first two months of 2023, total export and import were $328.9 and $489.7 billion, respectively. U.S. international trade balance was $160.9 billion in deficit. Export growth was very strong, at 9.5%...
Technical Confluences 1. GOLD is reached the 2k regions. 2. Important psychological level/ all time highs at 2067. 3. Bullish trend on GOLD with HH and HL forming. 4. Price has rejected the H4 support at 1989 and is currently showing bullish PA. Idea We are looking for price continue heading bullish to tap into the nearest swing high at 2032. NOT...
It seems like Gold has finished a five-wave. Also according to the latest prediction about Federal Reserve’s interest rate target , it is expected 65% that they increase the interest rate again to 5.25. So be careful about your positions on gold or other dollar related symbols like XAG and indexes.
DXY reached 114.5 today, and now its retesting before going to touch 115, and it'll drop down to the BLACK box again (108-109) and It'll do accumulation at this zone (108-109) before going bullish towards 120.... Enjoy :)
Hello friends, today Jerome Powell indicated that they should increase interest rates further more, they said same thing last month but it didn't give much strength enough to DXY enough, so I expect such a move which I have indicated in the chart... and J Powell speech indicates that there's loads of supply of US dollar in the market, and to make US Dollar strong,...
Every time when FED raised or lowered the interest rates Bitcoin goes down but when they kept the rates at the same level for certain period of time, Bitcoin price increased. As you can see on the chart starting with June 2017 every time Bitcoin follows the FED decision. Pay attention for the next moves!
Last week, the Federal Reserve (Fed) went ahead with the 25bps hike that many expected, causing a spike in the U.S. dollar and a temporary halt to the rally that equities and risk-on assets were experiencing. This rate hike has come under scrutiny from market analysts. In the past two weeks since Silicon Valley Bank ( SVB ) and Silvergate Capital collapsed, there...
DXY has been consolidating for a couple months after the large pullback that started in September. This consolidation is expected to continue over the new few months, with price expected to test at least the 107 level. It is reasonable to expect the 110 breakdown level to be tested before another high timeframe round of weakness that will eventually break below...
The signal I was waiting for to start buying bonds was whenever the Federal Reserve stopped or slowed raising interest rates. The Fed held another rate policy meeting this week and only raised the Federal Funds Rate by +.25% instead of the +.75% that had been the trend. We've gone from seeing a +.50% hike in Dec, to +.25% in Jan to +.25% this week after 4 prior...
Wave structures on these Economic Indexes tend to play out fairly often, such as in the case for Various CPI and Interest Rate Charts which can bee seen in the Related Ideas tab below. With that in mind, I now turn to The Federal Reserve Balance Sheet; and when I look at the Balance Sheet what I see is that since the Inception of this chart, it has traded within...
As expected, after the FED's meeting Bitcoin and the crypto market as a whole is now bearish. BTC hit the first target I had which was $26,940. Now with it retracing I'm waiting for a trend line break to the downside to enter into the market. My next target for Bitcoin will be at the FIB D Extension at $25,214 . Will update once target is hit. Happy Trading!
– Previous Daily candle closed Bullish at 1970.100 forming new Daily Support at 1940.600. – Buys on close above 1974.500 targeting 4h Resistance at 1981.500, Leaving Runners to the Daily Resistance formed at 1988.500. – Sells on close below 1961.000 targeting 1h previous Resistance formed at 1953.500, Leaving Runners to the 1h Support at 1946.200. – We have High...
Two significant events have occurred within the past 12 hours, causing both GBPUSD and gold prices to surge. The first event was the unexpected rise in UK inflation, which jumped from 10.1% in January to 10.4% in February 2023, marking the first increase in four months. The primary factor behind this increase was the soaring food and drink prices, which surged...
Since the FED was created in 1913 the US Dollar has lost it's gold and silver backing, is printed out of thin air and has lost over 98% of its value. No matter what these shysters attempt to do, it doesn't make any difference at all because XRP holders know that the Dollar is going to "ZERO... ZERO!"
The EUR/USD pair has advanced modestly on Wednesday as investors remain sidelined ahead of the Federal Reserve Open Market Committee (FOMC) decision. At the time of writing, the EUR/USD pair is trading at the 1.0790 zone, 0.23% above its opening price. All eyes are on the Federal Reserve decision to be released at 18:00 GMT, which will be accompanied by the...
Hi Traders, this is my take on the Major indexes before the Feds rate news this evening. Trade safe and stay blessed. Enjoy