DXY Daily cautiously bullish. Recommended ratio: 75% DXY, 25% Cash. *Demand for USD continues as global recessionary fears amplify and tighter monetary policy pushes investors to short term Treasuries (Yield Curve inversion). The Euro is maintaining parity with the USD for the third consecutive day as Italy's Prime Minister Mario Draghi submitted an offer to...
Hey traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 20400 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
SPX Daily cautiously bullish. Recommended ratio: 69% SPX, 31% Cash. * The US Jobs Report came out this morning and 372,000 jobs were added in June which essentially recovers almost all of the jobs lost due to the pandemic (~23m) , the unemployment rate remained at 3.6% for the fourth month in a row. A technical recession is defined by the combination of...
GOLD Daily cautiously bearish. Recommended ratio: 25% Gold, 75% Cash. *The Head and Shoulders formation is currently completing as the 50 MA crosses under the 200 MA (Death Cross). Gold, Oil, USD, Treasuries, Crypto and Equities are all either up or flat; this is indicative of a broader reversal in market sentiment regarding recessionary fears. Both Fed...
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. What a...
Last week on us30 we got that bearish closure below 31400 and with that we expected price to clear that range to test 31000. We continued to break below 31k and drop all the way to 30500 creating a double bottom to end the week back at 31k. The reason for this aggressive bearish move was the market pricing in the Federal Reserve announcing their 0.75bps rate hike...
FOMC in a few hours and setting up my position. Possible XAUUSD reversal to get back to 1800 level. Setting my initial profit call at 1800 but it's possible to see XAUUSD to get back to 1860 again, hopefully before the week closes **Iv been away for a while, but finally making my comeback, thanks for all those DM's to encourage me to get back. Again, let's see...
1:00 p.m. CP - Commercial Paper 2:00 p.m. FOMC Minutes <------- Meeting of June 14-15 4:15 p.m. H.15 - Selected Interest Rates
Yesterday, we saw a 200 pips drop on EURUSD. The last time EURUSD was trading around those levels was in 2002. However, this doesn't mean we shouldn't sell. After this impulse yesterday, we're most probably going to see a pullback and a continuation towards 1,0200! Entries only after a pullback. We're not looking for longs!
Right now, we shouldn't be selling as there isn't a good ratio. First, we need to see a confirmation that the next drop begins and then to open a trade. In best case scenario, that would be, after price goes a little bit above the previous high and it then shows rejection. Entries could be made after an engulfing candle. We're not looking for buys but only to sell!
SPX Daily neutral with a bearish bias. Recommended ratio: 45% SPX, 55% Cash. * Core PCE Price Index came out today (at 830am not 1230pm like I had incorrectly posted in previous TA's) and was lower than forecasted at 4.7% vs 4.8% and .2% lower than last month's reading (4.9%), this is reflective of the Fed conducting QT + rate hikes and all but confirms that...
BTCUSD Daily neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. *As feared earlier this month, 3AC defaulted on a ~$660 million loan from crypto lender Voyager Digital that was collateralized by staking ETH. 3AC was also exposed to Luna/UST which probably triggered this insolvency crisis. SEC Chairman Gary Gensler also stated today that...
EUR USD SELL SHORT POSITIONS There are so many opportunities to exploit this cross on a weekly & monthly basis. Remember that we focus on consistent R pcm , with solid risk-management and RR
GOLD Daily cautiously bearish. Recommended ratio: 10% Gold, 90% Cash. **H&S WATCH. DEATH CROSS WATCH.** *USD is down a bit while energy, commodities, equities, cryptos are up and gold is relatively flat. The relief rally is primarily benefiting risk on markets as money begins to enter it from risk off markets (like gold and bonds); this is still just a...
ETHUSD Daily cautiously bullish. Recommended ratio: 65% ETH, 35% Cash. *Cryptos and equities continue rallying and will hope to carry on this momentum through the weekend and into next week leading up to the Core PCE inflation report due next Thursday (06/30/22). Which should tell us whether or not the Fed is going to raise FFR by 75bp (or more) on 07/27/22.* ...
GOLD Daily cautiously bearish. Recommended ratio: 30% GOLD, 70% Cash. *H&S Formation Watch. In anticipation of a critical FOMC statement to be released tomorrow at 2pm (deciding on whether or not to raise FFR by 75-100bp to more aggressively combat inflation), the US dollar and treasuries are once again stealing the bullish spotlight as cryptos and equities...
SPX Weekly neutral with a bearish bias. Recommended ratio: 30% SPX, 70% Cash. *Equity and crypto markets are experiencing a technical relief rally after getting decimated by recession fears and tighter more hawkish monetary policy. Fed Chair JPow testified before the Senate Banking Committee earlier today and the main takeaways were that the Fed will remain...
This is the result of gold analysis in a ugly market😅 , more than 160 pips profit , just look at the candlesticks and how much ugly they are 😂 , It hit the second target. ✅ The last analysis : The first scenario is fall from $ 1839 - $ 1845 to $ 1830 as the first target range and $ 1823 to $ 1815 as the second target range! The next scenario is...