As US stocks decline, the market retreats while investors eagerly await Powell's testimony. Key events: UK - CPI (YoY) (May) USA - Fed Chair Powell Testifies The trading session on Tuesday witnessed a decline in US stocks, marking a shift from the previous sustained rally as investors opted to secure their profits. This decision was influenced by concerns...
Short term #yield is still weakening The 3M & 6M peaked not long ago & been going lower. The 1Yr & 2Yr are holding area when the #banks began to fail. The 10Yr peaked Oct 2022, last year. TVC:TNX has been lower & looks 2b headed lower at the moment. We'll see what the #FederalReserve does but Wall St thinks #fed is done with rates or @ CLOSE to the end of hikes
In a few hours we will know if FOMC decides to raise interest rates by 25bp or if there will be a pause in monetary policy. Having said that, if we look at 1H chart we still have the same technical structure (see analysis below), which is still valid at the moment. With this in mind it would be great if TVC:GOLD triggered a swing as shown on chart (first bearish...
Hi Traders, Investors and Speculators of Charts 📈📉 Did you miss the 2023 June 13/14 FOMC meeting? No worries, CryptoChecks' got you covered. Here's a summary of what happened and how the outcome of this meeting may affect the respective markets. First, let's clearly understand the FOMC meeting and it's importance to investors. The Federal Reserve, also known...
#Bitcoin, FED Rate Rises, US Inflation index & Key moments For me, The FED interest Rate raise had little Direct effect on BTC PA What DID have bigger impact were the effects on companies like LUNA and FTX ( though that was very possibly Always going to Crash) - the increase in Loan repayments being the Cause of instability and so people got cold Feet BTC PA is...
Hi Traders! PLEASE SEE LINK TO ORIGINAL IDEA BELOW. With the Federal Reserve pausing to increase interest rates for now but hinting at two more increases in the near future, the markets signalled this as US dollar strength. Our GBPUSD triangle broke to the upside today before the interest rate announcement and almost broke the 1.27000 level, as we noted in our...
The S&P 500 is facing a significant correction due to the potential bursting of the Federal Reserve's asset bubble, which is currently driving its artificially inflated values. Amidst signs of overheating markets, soaring valuations, and unsustainable monetary policies, the equity market is on the brink of a major downturn. The 2008 financial crisis, a debacle of...
KOG Report FOMC – 14/06/23 This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive...
Hi Traders! PLEASE SEE LINK TO ORIGINAL IDEA BELOW. Our vector level of 1.08047 is still holding; we reached this level yesterday but failed to break and close above the level. Traders are still attempting to break and close above this level today, so we will see if it happens this time. The volume in the markets this morning is very thin, so please take...
Will the Federal Reserve finally decide to pause on further rate hikes, keeping interest rates at 5.25%, or will the Feds hike rates one final time to take rates to 5.50%? There has been much speculation about the likely outcome of the US FOMC regarding its interest rate decision. Especially with the most recent CPI data being released at 4.0% (Expected 4.1%...
More than 97% of analysts say the FOMC won't raise interest rates tomorrow, but what will happen to Dollar Index, FX:EURUSD , TVC:GOLD and FRED:SP500 if Powell decides to hike interest rates by 25bp instead? Most likely, tomorrow's announcement will be our driver at least for the whole summer, because this event will have a strong impact on the market. So we...
This is the differential of 10yr vs 1yr US bond which represents long term against short term yield on sovereign debt, and those you don't know, short term bonds are used by central banks to control interest rates(amazing uh? the FED does not actually print money) therefore they do use bonds as a tool to control interest rates which then controls the S&D of...
Dow Jones is near the famous top (34k). If it can not break the top it will fall and break the trend line in the first step. Then probably a pullback to the broken trendline , then fall to 31k. So if you are not in any position just be hold till its time.
Gold in this week can rise to the 2000$. Then the market probably start a correction and gives the Buyers another chance to Long the gold near 1900$.
Hi Traders! Please see our new levels for EURUSD below. Vector Level: 1.08047 Vector Level: 1.09298 Anchor Level: 1.04833 Apex Level: 1.10956 The recent price action on the 1D chart is telling us that EURUSD is looking for a direction to continue in. We have been stuck in a range (highlighted on the chart) for the past two weeks or so, and key decisions and...
Hi Traders! This is a critical week for the US dollar. The US dollar's long term direction heavily weighs on the outcome of the Federal Reserve's interest rate decision and their statement this coming Wednesday. Here on the USDJPY 3H chart, the price action shows that since the 140.934 high shown on the chart, the sellers have taken over, and we have had...
KOG Report: In last week’s KOG Report, we said we would be expecting to adapt our plan over the week as we were expecting the range and choppy price action to continue. We suggested sticking with the same plan and levels from the week prior which worked very well to give us the trades within the range. The short-term swing we were expecting for the move to the...
Hi Traders, PLEASE SEE LINK TO ORIGINAL IDEA BELOW. Rounding off the week with an update to our forecasted EURUSD levels on the 1D chart. After the bounce from the 78.6% Fibonacci support level, there was a bullish push upwards (highlighted on the chart) and we have now pulled back near our forecasted Vector Resistance 1 level at 1.08047. The trading range on...