GBPUSD is preparing for a very good sell position and I am entering within the specified range 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 analyses? What...
GBPUSD is preparing for a very good sell position and I am entering within the specified range 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 analyses? What...
In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.
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...
Traders, Happy New Year! It's been a terrible year for crypto, the markets, and the global macroeconomic environment. But the good news is that I believe we have left most of the negative declines behind us ...at least for a bit. So, in this video, I'm going to look at what I see in 2023 for the U.S. dollar, the housing market, Bitcoin dominance, the stock...
Hello Traders, Happy New Year, I hope we can see some positive movements in 2023, but the market disagrees. As you know already, FOMC minutes was just released today, and the result wasn't good, and Bitcoin rejected right at the resistance again. I expect to see new lows in the upcoming days/weeks. The fed still insists on the rate hikes policy in 2023, and we...
Hello guys ,i bring you good news here is an opportunity to buy gold at it been breaking new highs earlier today price went straight to hit a new high through till newyork session today there was a new higher low formed so we looking to cruise with gold to a new high aroul 1662 area, like and follow me for daily free signals and and live streams
What a start to the year! The DXY woke from its Christmas/New Year slumber with significant volatility. With the price finding strong support at the 103.50 price area (failing to break lower) the DXY rebound strongly to the upside, to test the 105 price area. This strong climb was despite there being no major news event today. Hence could only be attributed to...
An alien trader landed on earth and was given a chart of the combined** US indices (futures). Luckily, and not coincidentally, he knew TA. He had never heard of people like J.Powell and J.Cramer, or places like China, Ukraine and Russia. this is what he saw: Bullish: - Broke out 'above' the main diagonal trend (bullish) - Made a Higher High (bullish) -...
EURGBP Tech. Analysis: Elliott Wave & Harmonics. * Harmonics Pattern: Bullish Cypher * Elliott Wave Pattern: Running/Expanded Flat in (B) (red) * Supply Zone * Fibonacci Extension & Fibonacci Retracement: Confluence EURGBP Long: My Trade on the FED Press Conference (FOMC/FRED) * Entry @ 0.85100 * SL @ 0.81500 * TP @ 0.91985 This is a trial trade for a...
At FOMC monetary policy last Thursday, Santa Powell threw a flash grenade at the market leaving everyone stunned and paralyzed. Fundamental wise, although the FED's minor shift in monetary policy reducing rate hikes to 50 BPS from 75 BPS, it is still considerably a stronger rate hike as compared to 25 BPS in terms of rate hikes as a whole. Accompanied with Santa...
TECHNICAL REASON: Price was within the zone of interest and the 4H candle has no lower wick which means everyone is priced one way; could see some profit taking ahead of FOMC FUNDAMENTAL REASON: It is worth noting that to the Fed, to gage inflation and how sticky it is or isn't, they are looking at jobs (more than CPI, PPI etc). Since the job market isn't...
SPX - Will we close above or below this trendline today? Lets go through yesterday CPI came out lower so US equities headed higher, DXY headed lower but now look where we are. Today we have FOMC - In my opinion we can't even close above it do we today we took back all move of CPI if we close below it I think we back within these ranges and perhaps bears gain...
Hi traders, We had an awesome week with the volatily FOMC created on the markets, #XAUUSD/#Gold Closed below our daily trendline on thursday and failed to beat it on the retest on Friday. We now anticipate gold to plummet for the next few weeks to retest the neckline of the tripple bottom that was created a few months ago. We will wait for a confirmation then...
Taking a look at the Daily chart for the SP500. We can see a near perfect downward channel filled with dumps and scam pumps. Last week we saw a big rejection off of the 4100 resistance that we pumped up to back in September (yellow line). Then the subsequent FOMC rate hikes and CPI numbers pushed us lower. We'd expect to see a bit of a relief rally back up to...
**Repost from Dec 13th 2022 since the original post disappeared** Economic indicators from the past month indicate that the price of services is the key factor that helps prevent a rapid decline in inflation , although the price of goods had already dropped considerably and the labor market remained strong, showing no signs of slowing down the inflation rate. ...
XAUUSD ANALYSIS PREFERENCE LONG Long Target 1784/1805 Pivot 1770 Short Target 1765/1758