According to TA I expect to see am inflation rate drop to 4.6 / 3.95 / 3.36 or anywhere in a green box I created. Hope I am right.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
SPY is bearish on those higher time frames, looking to see another leg to the downside and create new lower low any time soon
After the correction of the eur/aud and reaching a balance near the support, I expect a reaction to the range and move towards the ceiling of the sideway range. Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per...
GBPJPY Intraday - We look to Sell at 167.15 (stop at 168.30) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Looking to play a little volatility from CAD inflation numbers. I will only get in if price comes to retest that blue zone rejects it. I'm targeting that 1.3200 level. Entry: 1.3339 SL: 1.3374 TP: 1.3204 RR: 3.82 Personal opinions only not investment advice!
Can it be true? Who does it benefit? Check out the M2 money supply vs the S&P 500. Clearly, the more that is printed the more assets increase. Owning assets is your best bet of financial survival. The poor will be crushed but being wealthy in that time is not pretty either. This has been talked about for years by people like Robert Kiyosaki, Peter Schiff, Mike...
EURUSD has just fallen below the key phycological level of 1.131 and is currently trading around the 1.128 area. Today at 7pm GMT the chair of the Fed will speak in the FOMC minutes regarding rate hikes and inflation. A lot of investors believe there will be movement across USD pairs in the run up to the meeting. The current bias is bearish as many believe there...
Last week most USD pairs and indices fell in price drastically which resulted in Gold rising past the key 1820 level. However, it appears that the momentum has slowed down for Gold as there has been a failure to reclaim the 1830 level. Because of this and the fact many USD pairs and Indicies have seen some buying activity at their low levels, it might mean that...
Since Gold was able to restest the 1834 level the shiny yellow metal has failed to surpass this area. There was a second rally to this level however the price was only able to reach the 1830 area before correcting. This near 2% correction could lead to lower levels, however due to the volitlyy that Gold has shown in the past, a retest of the $1810 area seems...
Gold finished the year around $1835 area after a decent rally from the $1770 area. After retesting this high there has been a sell-off of 1.81% down to the low $1800 region. As there has been some support formed above $1800 which is a key level, a continuation of this uptrend is likely. The 4hr RSI levels are also in oversold levels too, 17.28, meaning that the...
Currently EURUSD is likely to form and complete the inverse head and shoulders pattern. shall the pattern complete and the neckline break, we can expect the price to rise towards the next resistance. However the rally should be short lived, as the acceleration towards the 1.11700 should resume. The current probable inverse head and shoulders is likely just a...