KOG Report – FOMC 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 can cause aggressive swings in price. Gold...
DXY D1 Still quietly confident that the dollar is going to take off upside, it's just a matter of time, the data points released haven't exactly been complimentary, but that being said. The economic data points have been shaken off and we still expecting a dollar break of 107.00 we can then load up on our USD longs, commodities are still setup bearish, as per...
Welcome back to another video, today's video is about the analysis of USOIL using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
Stocks opened near highs as investors digest last week's data. We have retail sales and housing data this week, which may contribute to a clearer picture of the Fed's plan for their September meeting. Currently, the estimate seems to be a 50bps rate hike, followed by a potential softening in policy stance. The S&P 500 hit our target of 4272, and seems to be...
GBPUSD D1 This is the FX pair we are following closest with regards to USD performance, as previously mentioned, we are still 'technically' in a down trend following the data points we have recently seen, lower lows and lower highs are still in-tact.
$ES - What to do now? This weekend, I present you many ideas in various assets and here's one chart of $ES is last and its important chart I am keeping an eye on for LT positioning. We've had great bullish momentum due to 'we are at neutral rates', CPI steady - For now and all data is excelling perfectly this week we do have FOMC minutes and as have US Retail...
Hi, I hope you're doing well. On the monthly chart of Bitcoin and the analysis of its Accumulation/Distribution indicator, we can observe that the slope of the A/D line is showing some potential bottoming. Whenever the slope of EMA and SMA of the line turns positive, we can say the probability of the bitcoin bottom is very high. But all of this depends on the...
Stocks have rallied, breaking through to higher levels. The markets seem to interpret recent economic data in a manner that suggests that the Fed is going to cool down their hawkish stance. Right now, a 50bps rate hike is expected for September (potentially the last one), whereas 75bps was not off the table before Wednesday's CPI. This was further supported by...
Stocks have established highs, then immediately rejected them, and are continuing the sideways correction. We mentioned that 4178 and 4188 will be very hard to break, as they correspond to relative highs from a previous range held in June. We are seeing support from 4122, but we are on the precipice of a vacuum zone below to 4068. There is another vacuum zone...
Hey traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1800 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
What do the markets care about this week? We have another CPI print on Wednesday, which is highly anticipated. We are in a period of nasty stagflation and the Fed is caught in a difficult position. They want to raise rates further, but the issue is that our cause of inflation seems to be on the supply chain side. Interest rates will do little to combat this. ...
Hey traders, Above is a technical overview on DXY and the most important zone to watch, i highly recommend to take a look at DXY at the beginning of every trading week if not everyday, that will help you to Spot the direction of USD pairs and allow you to trade them in a more professional way. in the coming week we are monitoring USD INDEX for buying opportunity...
Non Farm Payrolls introduced some volatility in stocks. The numbers came in hot, with a headline beat and unemployment at 3.5% . The S&P 500 had already edged higher, reaching our target of 4178, and establishing value between 4144 and 4178. The NFP data release introduced some volatility, with a small selloff extending past 4122 into the vacuum zone down to...
Gold edged higher, breaking out of the 0.618 Fibonacci level at about $1800. However, we encountered resistance at the next technical level above, at $1815. Immediately, we saw the price action round off and retrace back to safety in the $1790's. We anticipate gold to establish value between $1780 and $1800 (two significant Fibonacci levels), unless more...
GBPUSD H4 Now this is effectively what we are looking for on a lower timeframe front. Our higher timeframe has seen a daily confirmation, H4 timeframe would be great to see a structure break and retest to confirm a break of this H4 bull trend. Therefore, like mentioned before, leaving the D1 bear trend to take precendence
GBPUSD D1 As per the above video analysis, 1.22 support breach, followed by a retest of the underside of 1.22 (acting as res). Strong confluence stack like we have been discussing over the last couple of days. Really want to see price pull down south of 1.21500 to break the trend officially. And therefore see this D1 bear pull see another wave.
Hi Bitcoin Lovers, What are my reasons for using such a bogus title? 1. Bearish forces have aligned and confirmed on D1 TF which will first of all drive price to 21224 level, retest 22735 zone and drive through 20777, 18934 and possibly 17125 area. Strategy Applied: Bearish Force 2. Exception:- If we fail to hit 20777 level, price should shoot up to 28541 /...
We saw XAUUSD making a New low at 1781. We also saw price rebound from 1785 then afterwards 1781. Price make a breakout of downward channel on announcement of interest rates hike from ECB. I think intent is very clear. Now Gold is betting on the FOMC interest rates announcement on 26-27 July. I believes all the odds are priced in. We may see price increase after...