EURUSD Buys @ 1.1020 Stops: 1.0970 Take Profit: 1.1200
Gold broke out of a 6-year base this year, leading the other metals and commodities. 6-year base breakouts don't just end in 1-month surges. We have higher gold targets following this correction. $1711 and $1834 gold targets in the next 3-5 months. To us, this correction is an accumulation opportunity. When silver rallies to $25, silver miners will have a ton of...
We are only 1 or 2 years away from another full-blown global competition for currency devaluation. The next crisis will NOT be like 2008. In 2008 we began the crisis with the US Dollar Index (DXY) at an all-time record low and the crisis caused a flood into the dollar. Where we are now is much more similar to 2000: High dollar, high stock market, quiet...
The Repo market is proof that something is wrong with the system. It's an unsustainable system. Rates need to stay low and money needs to be printed in order to sustain this bubble - eventually this will create an intolerable amount of inflation. As the market realizes that QE isn't temporary, that it is permanent until inflation is out of control, then...
"Monetary Base is the sum of currency (including coin) in circulation outside Federal Reserve Banks" -St Louis Fed The amount of money pumped into circulation since the great recession is discussing. Asset inflation is making things worse. Buy Gold Buy Bitcoin
www.newyorkfed.org Repo has been the talk of the town lately, and the Federal Reserve has so far downplayed the issue at hand. Fed chair Jerome Powell did mention this problem in his last FOMC press conference, but again told journalists and viewers that this is not quantitative easing (QE). Repo and QE both inject money into the system. he difference is...
If you are familiar with the Gold to Silver ratio (XAUXAG) it shows us how many ounces of Silver is required for 1 ounce of Gold. So currently, it takes 85 ounces of Silver for 1 ounce of Gold. Gold and Silver have been monetary metals for centuries, and historically, the Gold and Silver ratio has been 14-16:1. Silver lost most of its monetary standing due to...
If you follow my work, you know how the Bond market is crucial to my analysis. It is the largest market in the world, and we are heading to a period where central banks really have no ammunition anymore and are using rhetoric to maintain confidence in the system. The history of humanity is cycles of hard money and soft money. It seems we are reaching the end of...
Price closed above what was resistance & now is support, trying to retest at the 0.68794 but failed. But also closing above the 0.68794 Which is now support with the bulls to over ride with a continuation to the upside. Even looking at previous support (green box) that there was a chance for another push to the upside. With the Fed rate cuts to 1.75% allowing the...
While the SP500 trading at all time high and Mainstream media and the American Government is just talking about how wonderful, bright and happy everything is i just want to share the technical chart of 2019 Federal Reserve Fed Cuts on the SP500 Chart which were done this year. 31.07.2019 2,25% SP500 dropped 8-9% 18.09.2019 2,00% SP500 dropped...
CADCHF at an important resistance zone. I want to preface that tomorrow we have the Fed rate decision and we can expect some volatility. Be careful with currencies such as the Yen and Swiss Franc. We have a nice trend with multiple swings. You can say we have a double top too (more on that below). What I would like to see is a confirmed first lower high swing to...
Hoy comienza la reunión de la FED, mañana conoceremos su decisión frente a las tasas de interés, el mercado espera una reducción, probablemente veremos los indices laterales hasta el día de mañana
The heavily correlated DXY and EURUSD are trading in the complete opposite direction. This doesn't give enough reason to see why the trend would continue, but we do have a lot of bull-ish momentum as price continues to trade in a channel toward the upside. I'm looking to see The Dollar break resistance levels, and push higher.
Blue: M1 money stock. Contains liquid assets unlike M2 Black: S&P500 being artificially propped up by the federal reserve and its "large scale asset purchases" aka money printer. Fed pumped the same amount from 84 to 08 and 08 till now. Entire market is a bubble. Feds experiment is going to pop. Buy Bitcoin
XAUUSD is still in its long-term falling channel, but it's established both short-term and mid-term uptrends. If you're day trading gold, you'll want to exit if it falls below the steeper trend line. (Honestly probably too late for a day trade entry at this point.) I expect it will break this trend line soon and move sideways along the volume support. If you're...
The dollar index appears to be breaking below its upward-sloping trend line. If it follows through on this breakdown, gold is a buy. Gold is cheap today, so it's a good day to get in for a rally. The dollar is breaking down due to Fed balance sheet expansion and expectations of an interest rate cut.
The blue lines are long-term trend lines, forming a triangle. We'll break out either upward or downward by October 18. Until then, I'll be playing within the triangle. Below the green line is my buy level, with a stop loss below the triangle bottom. Above the red line is my sell level. Based on technicals, JNUG may fall through the bottom of the triangle to...
Take notice how correlated the lending rate is to the rate of fiat dollars printed. All that money was printed at 0% interest. Now, rates are going up and the printing presses are cooling down.