The Japanese yen continues to have a quiet week. USD/JPY has edged up 0.20% and is trading at 132.50. There is optimism in the air ahead of the US inflation report for December. The forecast is for inflation to fall, which is exactly what investors want to hear. The consensus for headline inflation stands at 6.5%, following the November gain of 7.1%. The core...
Hello traders ,what do you think about DXY?According to the US data and the prospect of decreasing CPI, it is expected that we will gradually see a change in the Federal Reserve's policies regarding interest rates and witness the fall of the DXY. If this post was useful to you, do not forget to like and comment.❤️
My previous analysis based on the historic halving cycles predicted a macro low on the week of Nov 21st 22. It would appear that this played out but not totally in alignment with price prediction. Let's be clear, the global macro economic landscape is not looking rosy with the FED still Hawkishly raising rates, massive tech stocks haemorrhaging up to 70%, huge...
Yesterday, the FOMC confirmed the backing of higher interest rates for longer. The market reacted negatively signaling negative sentiment on rate expectations for the following quarters. Federal Reserve official, Neel Kashkari, who often has the most dovish views on market anticipation stated that inflation may have peaked but sees interest rates rising higher for...
Using the channel drawing tool and two holes and a peak, we have been able to draw a channel with an upward slope. Also, we have determined the supports and resistances on the way of the price by drawing the Fibonacci tool from wave A to B. In the whole scenario, it is possible that if the sellers maintain the resistance of the channel ceiling at 1865, the price...
I wanted to share this chart, as a couple of things stood out when thinking about past bull & bear secular market cycles vs. the current secular bull market that we’ve been in for the last 10+ years since the 08-09’ GFC (Great Financial Crisis). First , for those who say “investors can't or shouldn’t time the markets", I very much disagree with this logic (or...
Hello,Traders! I'll just say that while this post is about BITCOIN what I say here applies to all assets Including stocks, real estate, bonds, precious metals. Many people are still expecting some sort of 2008 style crash of the markets because the economy is going from bad to worse. However, while we are already in the recession and the only person who refuses...
One of the biggest "shocks" in the 22' financial markets is the breaking of the long-term (weekly) trend in Interest Rates — specifically the U.S. 10-Year Treasury (US10Y), which has gone through now two long-term trend cycles since it’s history dating back to 1913. Given the inflation fight that the Federal Reserve is currently waging, while at the same...
Forget the "Santa rally," it's time to brace ourselves for a potentially tumultuous 2023 as concerns mount over bond market developments and their impact on Q1 earnings Santa is tired, Kids It is uncertain whether the annual "Santa rally" will occur in 2022 due to the bear market. There are concerns about the recent developments in the bond market and their...
Lots of hype about the moves as of late in Tesla TSLA stock price, so I wanted to compare the Market Psychology & Cycle Timing phases to the Monthly Chart on TSLA. Do you think we are in the latter stages moving toward capitulation ? My take is that if we see a bounce from these levels into the new year (January 23'), it is likely another opportunity to...
Looking at the Inverted Yield Curve Chart s of the U.S. 10yr Treasury vs. U.S. 3mo Treasury (US10Y - US03M), along with the U.S. 10yr Treasury vs. U.S. 2yr Treasury (US10Y - US02Y) — are yields signaling a topping process? Or, should we even higher yields into 23'? 4-Hour Inverted Yield Curve Chart 📊 Top Chart: US10Y - US03M Bottom Chart: US10Y - US02Y...
Today you can review the technical analysis idea on a 1W linear scale chart for 10 Year Treasury Yield (TNX). In December 2021, I posted a chart showing that the 10Y rate was going to go much higher. I was exactly on point almost to the exact number. Today I was reviewing the 10Y rate chart and saw the RSI formed a double bottom base with the 10Y rate ready to...
OANDA:XAUUSD **Repost from Dec 14th 2022 since the original post disappeared** Hello all TradingView speculators, In my opinion, I think there was an overreaction from the market's participation on the CPI numbers that was announced to be lower than expected. In addition to this, some technical indicators are showing us some signals to be careful on the buy...
Major central banks were in the spotlight this week, as the Federal Reserve and the European Central Bank raised rates by 50 basis points at their final meeting of the year. These moves overshadowed a 50 bp rate increase by the Swiss National Bank, where rate moves are unusual - this week's rate increase, which brought the benchmark rate to 1.0%, was only the...
The Australian dollar is sharply lower on Thursday. In North American trade, AUD/USD is trading at 0.6755, down 1.58%. Australia's robust labour market continues to impress, with a stellar performance in November. The economy created 64,000 new jobs, above the October reading of 32,000 and blowing away the consensus of 19,000. The unemployment rate was unchanged...
The Fed says they are trying hard to get inflation down however the commodities chart is sticking out it's tongue at the Fed. Everyone on social media is screaming: The Fed is going to cause a major RECESSION; MAJOR RECESSION IS COMING!!! Yet this chart is not screaming a major recession is coming (nor is it at all scared by the Central Banks "hawkish"...
All eyes are on the Federal Reserve, which winds up its policy meeting later today. Policy makers are expected to raise rates by 50 basis points at this final meeting of 2022, with an outside chance of a more aggressive 75 basis point hike. This year has set a record for tightening, but despite that, the Fed stills finds itself in an uphill battle to convince the...
The Japanese yen is sharply higher on Tuesday. In the North American session, USD/JPY is trading at 134.97, down 1.95%. The US dollar is in broad retreat after US CPI was softer than expected. The November reading dropped to 7.1% y/y, down from 7.7% in October and slightly lower than the 7.3% consensus. The trend was similar for core CPI, which dipped to 6.0%,...