2nd Week of August felt like we are in midst of Peak Autumn Season - Wherever we turn - Every Tree is turned Fully Red. The Entire World market was brought down to its Knees, given the "EXCUSE" of Japan's Yen Carry Trade
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Yen carry trade is estimated to be around $20 trillion, according to Deutsche Bank, which is 505% of Japan’s GDP. Other...
Please watch this video to learn my viewpoint on where real opportunities exist for traders.
For many months, I've suggested that the US markets could double or triple over the next 5 to 7+ years. Some people laugh at my expectations, but others seem to "get it."
In this video, I try to explain why my expectations are valid and why I believe the "crash-dummies"...
US dollar vs Japanese Yen as we can in our chart the is pair is moving in a channel and we are seeing a potential buy side move keeping in view this situation we uphold that the pair can reach to the 162.450 level and then may be rejected from this level because of its historical significance and also the level is formed over weekly time frame and market has been...
Macro Monday 51
The Philippines – The Trading Hub of Asia
The Philippine economy is currently the fastest-growing economy in South East Asia with solid promising growth projections for the next several years. The World Bank's Global Economic Prospects report on East Asia and the Pacific showed that the Philippines and Cambodia will be the second highest growing...
iShares Global Energy ETF - AMEX:IXC
This chart and all the others ETF's shared in the below post continue to show major break outs. Its really incredible to see.
✅ Ascending triangle breakout & retest of base
✅ Series of higher lows
✅ Above 200 day SMA
✅ Great Risk Reward set up at 8:1
Garnering some long term exposure to these general indexes is a great way...
NSE:NMDC
- Script sees a breach of Monthly Bearish GPZ alongside Quarterly Bearish GPZ making it a "HOT PIVOT LEVEL" to keep on radar!
- Money Zones are marked alongside in 3 different shades as per the analysis from FUNDFLUX .
- This "Pivot & Price" action is been seen as iron ore prices have rebounded after 2weeks of down-fall and are further expected to...
Macro Monday 26
Global Index’s Breaking Out
As its Christmas Eve I wanted to do an early release for tomorrow and share something positive and Christmassy but at the same time share something of value, so here is a look at some of the major global ETF index’s and how promising they appear towards the end of 2023. A clear sector stands out.
Vanguard Total...
API Actual: 9.047M
API Consensus: 1.467M
EIA Crude Import Actual 0.259M
EIA Crude Import Previous: -0.385M
EIA Crude stock Actual: 8.701M
EIA Crude stock consensus: 1.160M
As Saudi Oil production had shrunk to nine million barrels per day in July since its last OPEC meeting with Russia to restrict supply amid signs of weakening global demand...
Globant SA (NYSE: GLOB) announced its impressive financial performance for the third quarter. The company surpassed analyst expectations, demonstrating its continued growth and success.
During this quarter, Globant reported earnings of $1.48 per share, which exceeded the analyst consensus estimate of $1.47 by 0.68 percent. This represents a significant increase...
The Italy 40 index, or the FTSE MIB, is considered the benchmark for the national Italian stock exchange, the Borsa Italiana. The index consists of the 40 most capitalized and liquid stocks that are listed on the Borsa Italiana.
The IT40 now seems to have begun rising in what is expected to be the wave iii of 3 for the index. This particular wave is expected to...
The HANG SENG INDEX is the main indicator of the overall market performance in Hong Kong.
The index has underperformed the rest of the world since March 2020 and was among the worst performing indices globally from 2020-2022.
In October 2022 however the Index seems to have moved up in a 5 wave structure after having seen quite a freefall from Feb. 2021. This 5...
Global debt reached a record high of $307 trillion in the second quarter, despite higher interest rates limiting bank lending. The United States and Japan were the main drivers of this increase, according to the Institute of International Finance (IIF). The IIF's report revealed that global debt in dollar terms rose by $10 trillion in the first half of 2023 and by...
USD vs Foreign Currency Sets Up Black Swan/Credit Event – Pay Attention
This video will show why the US stock market continues to rally and the US Dollar continues to strengthen. It is all related to what is happening in China/Asia and much of the world.
The cheap US interest rates over the past 4+ years have allowed foreign borrowers to take advantage of...
In this idea we'll have a look global liquidity vs BTCUSD on a quarterly timeframe.
The main pane contains the bars of a new global liquidity formula discovered by Twitter TechDev_52. On top of the bars is a solid orange line which is BTCUSD both on quarterly timeframe. Also on the main pane is a value grid for global liquidity which is based on time and global...
I will keep utilizing Selling every Top's strategy (for #3-Month fractal now) as my Selling order engaged on Friday's session is still active (#1,958.80 entry point) as it is very important that market closed below #1,957.80 sequence. DX is my main chart for now and look for pointers there prior to positioning. #1,942.80 is my first Target and #1,940 is my second Target
Following this concept is very easy if you are a WAVES TRADER. DXY is at the final correction of AB. What we should be waiting and looking for is WAVE C to start building up in order to continue the bearish movement for EUR/USD to move in the opposite direction.
Good luck
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AUDJPY is still looking for the final completion of the WAVE X correction before the bearish impulse move will starts. Traders should look for a way to follow the bear moves after the completion of the WAVE X correction and join the WAVE Y to the downside
