Fundamental Analysis

thunderpips

CAD Fundamental bias: Bullish 1. The Monetary Policy outlook for the BoC At the July meeting the BoC confirmed market’s speculation that they will continue to scale back asset purchases by tapering QE with another C$1bln reduction per week. Even though the bank’s language and overall tone was in line with overall consensus, the reaction in the CAD suggests...

TraderE9

Why ANYONE would want to invest their money because of Elon Musks tweets are beyond me, anyone with any price action experience or trading knowledge can see what the deal is here, i dont have acces sto all tweets, but this is enough. Be careful about trading of some 'tweet' or something you read...

FX_Professor

Our updated Bitcoin chart shows momentum is building again. Price had finally broken over the 'cursed resistance' as we expected and we took profit perfectly at the top . Yesterday's post was also satisfied as the price did correct (after Amazon rumor denying the first amazon rumor). Read this post and see how we called exactly what happened before it...

thunderpips

NZD Fundamental bias: Bullish 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...

Moonseekers

420 Investments back again with a macro analysis of the implications of Covid19, The Rise of Bitcoin and the falling dollar. Btc has been Ranging for a total of 69 days So far. We had a nice fake break down on the weekly time frame before quickly reclaiming it the following week, which we then launched off that close. We Can see that BTC is indeed in...

thunderpips

Fundamental bias: Neutral 1. Developments surrounding the global risk outlook. As a safe-haven, demand for USD diminished from the middle of 2020 as the market’s attention shifted away from the pandemic and towards an expected global synchronized recovery and a reflation environment (both of which is usually Dollar negative). However, global economic data...

Wolf_of_Trading

Hi guys . The most used thing in this market is the Fibonacci support and resistance levels, but everyone draws it according to their own mind. There is only one way to draw it correctly and I have drawn you to the correct fibonacci levels in this post, let's watch and see the reactions from these levels. If you want this drawing technique as a training video,...

Farrelltrades

A break of a trendline and a retest of that trendline @ 1.17800-1.17900 ish, Price may be looking for liquidity to fill that Supply Zone @ 1.9900 and a push in FOMC this week may show the direction of the greenback. Moreover if MACD is being used, we may see a divergence in play on the H4 Timeframe. My outlook on EURUSD is BULLISH.

The_Unwind

Every dip, or pullback, especially notable in stock index futures in overnight trading since the bottom made at SPX 4233, has meet with buying around 3-4 am, after selling off in earlier night trading. This "new" time cycle buying, overnight in futures, has propelled the S+P 500 over 4400, with no signs of "letting up" Traders realize 110 % that they will be...

Moonseekers

#Eth as we have previously discussed in other posted has reclaimed the golden pocket fibs and currently retesting 0.38 FIB. Entry - current price range Exit - $5k USD Stop - $1980 Let's see if eth can continue to push and hold this range on the 0.38 FIB Eth is enjoying a strong breakout from the falling wedge it formed. Adding confluence to be bullish is the...

Trendsharks

Yesterday, Tesla delivered its earnings data for Q2. The electric vehicle manufacturer beat all topline and bottom-line expectations, reporting a net income of more than $1 billion for the first time ever. The share price is likely to rebound from the bottom of the ascending channel, as well as from the 200-day MA (in purple) and the 100-day MA (in blue), and...

EYFMarkets

G'day, guys. Today we going to analyse BTCUSD (BITCOIN) Generally, BTCUSD is currently looking for a previous Daily Trendline after breaking the Hour / 4hours trendline. What we see here, this price reaching the key level zone for confirmation either this pair start to bullish or continue to reenter the sideway zone. We not rushing to trade here, the best...

thunderpips

USD – The dollar edged lower on Monday as investors began positioning themselves ahead of this week’s Federal Reserve policy meeting, with many analysts expecting the Fed to once again defer from a commitment to taper. GBP – Sterling climbed above $1.38 against a broadly weaker dollar on Monday, supported by encouraging data over the weekend showing a fall in...

reees

this job posting may have given us a false pump, but there's really nothing false about it. it's no secret that every company worth its weight in sh!t is exploring its possibilities in the crypto space, and i think this is just another pleasant reminder of where this train is heading long term... needless to say, i might start averaging in a little "harder"....

Trade24Fx

The most interesting thing happened yesterday in the cryptocurrency market. Last week, following a conference with the participation of Catty Woods, Elon Musk and a number of other hype lovers, it seemed that long-lost optimism returned to the cryptocurrency market. Which once again confirmed that the current prices for cryptocurrencies in no way reflect the...

norok

BITFINEX:BTCUSD is coming off its rally now on the denial from Amazon NASDAQ:AMZN that it will not accept Bitcoin. Prior to this the run up has been labeled a "short squeeze" as that term has become all the rage in 2021. It did in fact qualify as one seeing as how over 60% of leveraged short positions have cleared out in the bullish move. From a contrarian...

ridethepig

A quick round of illustrations to review the swings in euro... The idea of the swing; we are mapping bids and offers, no more no less. Two battlefields, the wings are what we attack on and the centre is where we begin to clear (into thrusts and etc). Lets start with the Yearly chart for our macro direction: ...

CryptoStation

After TLM corrects to $0.25 area, it is having a very good recovery so TLM can still continue to move to higher targets like $0.4 and $0.75 in August. In case TLM loses the $0.25 zone. then $0.2 area is still a good support to buy TLM 📈BUY 🔴Buy : 0.244-0.256$. SL if B 📉SELL 🔴Sell : 0.39-0.41$. SL if A 🔵Sell : 0.73-0.77$. SL if A ♻️BACK-UP 🔵Buy : 0.195-0.205$ if...