Folks who follow me know I have been bearish regional banks for a while. KRE looks to be heading on another leg lower vs the market.
Bull Put. URNJ 20 Dec'24 Sell Put 35 Buy Put 30 Risk Reward >1.4 This sector is hugely undervalued and ready for the next leg up, simply because demand is( will) outstrip supply in the years to come.
If the unemployment claims data on Thursday comes in higher than expected, indicating more people are filing for unemployment, it might suggest a weakening job market. This could lead the Federal Reserve to consider pausing rate hikes or even lowering rates to support the economy. On the other hand, if the claims are lower than expected, showing a strong job...
"Past performance is no guarantee of future results" - We all know this famous phrase... Nonetheless, Ethereum still has a very bright future in the next decade. *Why I'm bullish on Ethereum:* - Every competing "superior" and newer blockchain (Fantom, Avalanche, Harmony, ...) includes EVM (Ethereum Virtual Machine) Compatibilty. - These types of products that are...
Bitcoin retested $70,000 from the previous $62,000 price and reached a cup position. What happens now? We now know that $80,000 will test the price. But I can say that it is too early for the price to rise. We are in no hurry, we have time. So we are looking for an entrance. Entry Target on Long: 67700$ Stop loss: 65000$ Teyk Proff 1: 72000$ Teyk Proff 2:...
my idea about btc i think we have a small correction to 64.6k then pump to a new ath.
Taken a swing short on US 30. Once we trapped the bulls and took out the buyside liquidity and closed back below the range entered targeting the HTF OB sitting around 38065 Entry 38118 TP 38080 SL 38127 Noted the daily sellside liquidity (red line) so let's see IF the market wants to hunt it around the NY open. IF we fail to create new lows around here...
Polkadot made a higher high in March, since then Dot went down by 41% and still consolidating. 41% may sound awful but it is a great opportunity to invest or do futures trading. 5.5-6 would be a very comfortable area to consider investing or trade. As you can see Fibonacci 0.5 and 0.618 are perfectly lined with crucial zones. I will be taking profits at those...
SELL POSITION USD INDEX ENT : 104.928 SL : 105.075 TP : 104.63 1- to day news + sentiment 2- please trail sl after 10 pips
GBP/USD turned bearish on Wednesday after being rejected at 1.28 the day prior. It’s not the first time the pair has been rejected at that level which suggests it has become somewhat of a psychological barrier, at which buyers need to show increased commitment to overcome. The reversal came in part due to the uptick in the US dollar, but other GBP pairs also...
FX:XAUUSD is updating the low and forming a false break of support. Fundamental and technical background is negative. A quick retest of 2328 may lead to a fall, but there is NEWS ahead! Before the news, gold goes into a local flat 2360 - 2330. The market is gathering potential and liquidity before the news. GDP and Initial Jobless Claims are ahead. This time...
In the world market, analysts believe that world gold prices will decline after an official of the US Federal Reserve (FED) commented on monetary policy. This person believes that high US interest rates will be kept stable, or even increased if necessary. Immediately, the currency market reacted. The USD increased in price compared to many other strong...
BINANCE:LINKUSDT enters a new range, after updating the local maximum, against the background of the general market correction, the coin is declining. Support retest is possible. The resistance at 18.320 plays a key role for the coin. A false breakout and correction is forming. A quick retest of the resistance or a pre-breakdown consolidation will hint that...
30th May DXY: Retracing, needs to stay above 105 support to maintain bullish, could retest 105.50 NZDUSD: Sell 0.6070 SL 20 TP 65 AUDUSD: Buy 0.6615 SL 25 TP 55 USDJPY: Buy 156.90 SL 40 TP 80 GBPUSD: Sell 1.2680 SL 20 TP 75 (Hesitation at 1.2345) (Double bottom opportunity) EURUSD: Sell 1.0780 SL 20 TP 50 USDCHF: Buy 0.9105 SL 20 TP 40 USDCAD: Sell...
#market_pulse #currencies ☕️ Dollar Ascendant as Surging US Yields Spur Safety Bid ▫️ Dollar: The dollar scaled a two-week peak against major peers on Thursday, as a rout in Treasuries improved the currency's allure due to higher U.S. yields and demand for safe haven assets. The dollar index reached 105.17, the highest since May 14. ▫️ Euro: The euro...
Gold price fell into the red for the first time this week, heavily undermined by the market’s growing skepticism that the Fed will cut interest rates more than once in 2024. According to the CME FedWatch Tool, markets are pricing about 53% odds that the Fed will hold rates in September while the probability of a November rate cut stands at around 60%.
Gold price fell into the red for the first time this week, heavily undermined by the market’s growing skepticism that the Fed will cut interest rates more than once in 2024. According to the CME FedWatch Tool, markets are pricing about 53% odds that the Fed will hold rates in September while the probability of a November rate cut stands at around 60%.
EUR/USD reached a new weekly high of 1.0880 during Tuesday’s European session. The major currency pair's strength can be attributed to a softening US Dollar (USD) and increasing uncertainty surrounding the European Central Bank's (ECB) future rate cut decisions following the June meeting. The robust economic outlook for the United States and hawkish guidance from...