Hello all! Quick recap on US30 from my recent analysis videos.. I did explain previously why i am bearish on Dow, beside US30 being in high curve on HTF. The pair moved the way projected in my recent analysis, mitigating the refined weekly Supply you see in the photo, and selling to the Demand zone where the usual price cycle appeared.. Now i will be waiting...
Very nice reaction off of the 9ema this morning. Largest 30-min volume since the gap up on raised revenue guidance. Started a small position; couldn't justify a full position with the overall market being slightly extended on a short-term basis and showing negative action on the day. Will look to add over the debut price high of $14 only if the broad market...
In this Video I do a quick analysis of the current condition of markets based on the SP500 proxy index the SPY. I also go through a few weekly data points as I am hoping to publish this every Monday to summarize the week head, and behind. This video is a bit long as I go through all my tools and routines, plus we have a very hectic week this week with FOMC,...
Intraday Analysis - ( 31 Jan 2023 ) GOLD has been ranging due to lack of fundamental catalyst and anticipating FOMC and other Fundamental data release this week. HRHR buys at 1923 key level MRMR buys at 1935 key level Safest buys at 1939.5 key level However i will only look for sells below the daily zone whereby a new low will be created and there will be...
Low risk trade here, check out how the hourly, daily and weekly time-frames interact, giving a lot of upside room with very limited downside risk here. Best of luck! Cheers, Ivan Labrie.
A few key fundamental data across the board next week to kick start Feburary 1) FOMC - 25 bps All risk assets moon , DXY continues its bearish momentum - 50bps ( very likely ) - Talks about extended rate hikes to continue its fight for inflation, DXY to gain short term strength and risk assets to continue its decline - 75bps Definite crash 2) ADP / JOLTS / USD
As we approach the upcoming FOMC meeting, where we can expect smaller rate hikes as inflation begins to slow, the gap in the liquidity zone could be filled right after. Enjoy the bullish trend atm. But remember, there comes a time of manipulation... Be alert
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is going well and is currently trading above the $23.5k level. Let's discuss the next possible scenario from here. BTC breaks above the crucial resistance of $23.3k after two days and as of now holds above it very well. As long as BTC...
Time – The FOMC statement comes out on 2 Feb at 06:00 AEDT/ 1 Feb 19:30 GMT. Chair Powell’s press conference comes out at 06:30 AEDT / 19:30 GMT Trading considerations: Positioning – Investment banks who manage flow across spot FX, swaps, and FX forwards report that clients are net short USDs, notably by real money and leveraged, although the position is not at...
Last week, USDJPY failed to grow above the Ichimoku cloud as it worked as a resistance. Naturally with the FOMC meeting this week, volatile movements can be expected and prices may grow but this instrument is looking weak in the weekly timeframe so rising prices can be seen as entry points for shorts.
After the FOMC meeting we should get a clearer direction. I will be watching this pair for the duration so stick around!!!
I frequently chart the BTC CME Futures chart alongside a normal BTC Exchange chart. The difference between them is that CME is closed for the weekend and operated by a regulated group. This means the CME chart can frequently show different trends/patterns as it removed a lot of the noise, unnecessary wicks, etc that can come from exchanges trading over the...
AUDUSD - Interesting look It is very interesting range forming, we got pattern, we are at key resistance on higher time frame, within in a channel + TL but it's a waiting game on this and I think many take time it may break next week FOMC, I think that's when all FX majors will break out to either direction further. You can't predict what the FOMC are going to...
On Monday, S&P 500 broke above the falling trendline and is currently looking for confirmation. On the weekly timeframe, we can see it nearing the Kaufmann Moving Average and the Ichimoku Cloud. Acceptance above this falling trendline on the daily chart and rising above the resistance level of 4014 can result in a move toward the next resistance level of the 4160...
EURUSD is trading in the neutral zone between the resistance level of 1.09 and the support level of 1.076. The markets are eyeing the FOMC meeting which will happen on February 1st. As always, trading volumes are getting lower ahead of the meeting and no major movement should be expected until next week.
TLT is approaching a technical double top area as the Feb. 1st FOMC meeting looms. Fed futures are currently pricing in a 475-500 bps terminal rate, however some fed speakers over the days have indicated a desire to exceed 500 bps this year. Market thus far hasn't bought that narrative and expects the Fed will be forced to pivot later this year due to...
• Daily EURO/DOLLAR chart, zooming out back to 2021, where the 1.5 year downtrend started • Short term, trend is bullish, higher highs higher lows • Rising wedge forming, a bearish reversal pattern • Resistance levels becoming support levels, a clear sign of an uptrend • However, looking at the big picture changes the outlook a little bit • Drew Fibonacci...
A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...