Purple = weekly Blue = Monthly Orange = Daily Hello Traders and Analysts, The following analysis will be in depth to explain the out look of the Index and Based on what merit? Being a commodity based currency we need to analyse the US and commodities as Australia a produce of raw materials. The Australian economy is commodity based but also well suited to...
The US dollar tends to trade in a ten-year cycle relative to global currencies. It outperforms for ten years, then underperforms for ten years, then outperforms, and so on. This year we seem to have ended a cycle of outperformance when the US dollar broke its ten-year trend line (orange line on the chart). The dollar is inversely correlated to all sorts of other...
There is an urgent news - the Bitcoin price broke up the 2017 global ATH of $19798. At this moment the new maximum price is $19863. We will follow it to make a forecast for the future BTC price movement.
Some traders may remember the historic selloff in the U.S. dollar that began in late 2002. Current conditions appear similar. Notice on this chart how the U.S. dollar index pushed to a new 52-week low and then consolidated. Notice how the 50-day simple moving average (SMA) tried to turn higher but failed. Notice how DXY also tested the 100-day SMA and failed....
Hello Fellow Traders! Indices experienced slight recovery last night with SPX (US500) up 2%, Nasdaq up 2.94%, UK100 up 1.39% and DAX 2.07% The SPX (US500) has broken pre Covid highs aided by the US tech sector, while the broader market has struggled to test related levels. The DAX has positioned itself for an advance to reclaim historical levels. Caution:...
My expectation for the future of gold prices is at least a doubling of current prices. This is a sign of a potential risk for the near future that will force us to be careful about our money.
Hello and welcome to this swing trade idea! I hope you feel good and you are up to make some gains this week. If you ask me, I am ;-) Let´s just jump right into it: -Regular Bullish Divergence on the bigger timeframe: Usually this suggests a trend reversal (maybe we have a bottom here at 18200). -RSI: This creates in combination with the two-dot circles...
Do you like Coins? Do you like Bitcoins? Do you like Gains, maybe even sick gainz? Then I welcome you to this April update! I expect to visit 8600 area, to continue a bear motivated sideways trend, until we retest the latest low of 3600! Maybe we will bounce, go sideways and climb up again- or maybe we will bounce, restest the already weakened support of 3600...
Hello hello Wonderful being!! Been some time since my last publish, and lots of actions have happened; one of which my predicaments: We have not yet seen the full impact of the Corona on the financial market. So, in this post I will try to take several steps back from the BTC window and look a little more into the whole stock market and see if there are...
Pay attention. Multiple Fibonacci price amplitude arcs are setting up for what could be a massive downside price correction. This could be as big as 15 to 25% or more. We'll have to see how this sets up - but I believe a large price rotation is setting up and I believe it could be tied to a fresh round of defaults across the globe related to early 2020 debt...
The recent stock market really is purely speculative in nature - like a massive short squeeze. The true valuation of this move is far weaker than the Sept 2018 peak. This type of rally is very similar to the DOT COM rally peak where enthusiasm drove investors to pour good money into the markets thinking "it would never end". Pay attention to how Gold, Silver,...
What do you think? For any of you that follow my research, you'll understand that this chart (including the projected down arrow) would indicate a complete collapse of the Global captital markets and present a "washout" of valuations across the world. Could it happen - you bet. Will it happen - unknown at this time. My research suggests a down trend will...
Next week both the US and China will impose tariff and physiological impacts alone is keeping market grounded. The US high end consumers already tightened their spending and the impact of high end consumer spending will show in the September data exasperated by impact of tariff on middle class consumer spending. Starting September 1, U.S. tariffs on about half of...
Technical analysis: a symmetric triangle going to break to 20k then 13k again and then 30k . if you ask when this is gonna happend i"d tell that i dont know when exactly but its gonna happend in the next years maybe. Fundamental analysis : trade war is getting too strong as china sells the u.s bonds and also the devaluation of the yuan. china, russia, U.E is...
Given current risk-averse market conditions I expect Swiss Frank to strenghten short-term. Stop loss positioned right above 20 MA, trade duration up to 15 days.
I am going to count to three. There will not be a four.
As you can see low-unemployment is early signal markets start to reverse, especially if there are divergences present between unemployment and it's RSI value. When low unemployment starts to break up this means that the market is saturated with jobs and many flourishing businesses, there has been a phase of economic euphoria and the climate becomes highly...