On the Weekly and Daily Timeframes for EUR/AUD, We see that we have a clear break and retest of the trendline with Bearish Followthrough and Momentum. I am looking to short EUR/AUD into the Monthly support level of 1.5500. A Retracement back into the Trendline Resistance Area is possible as well as A means to provided liquidty for further downside to occur I am...
GoldCoin/USD (Goldcoin Token) 05/12/18, 7:25 PM EST, by Michael Mansfield. Hi trader friends, I iope your weekend is a fun or fulfilling one! With practically all of the volume occuring on the up bars since the late March low, another good sized up move is in the cards onces this corrective wave is complete. Moreover, a with the large bullish volume on the up...
Shout-out to all the haters, You should have listened at 1200 and 2k and 5k. Check out my last chart on my profile and leave a comment.
Multiple 1-2 combinations will soon break out like a rocket. Buy anon & hodl physical! In Venezuela you can buy food for 3-6 month with 1 oz of Silver and with 1 oz of gold you can buy a house. Same situation in germany after world war. At the moment there are over 43.000 applications where silver is used in chemistry, industry, healthcare and economy. 10 more...
Silver weekly on log scale. If inflation keeps rising and stocks keep falling. I foresee a strong rise in gold and silver in the near future.
Lots of different future paths but if you are a long term investor it looks hard to go wrong if you just keep buying gold regularly each year. That's what the Chinese and Russians are doing (and they are no strategic or tactical slouches). Get the feeling we might get to the neckline and fall back - so will be playing that as initial set up in next few months if...
Commodity market long therm looks like bulls want to take control, moreover commodities are the best performer out of different asset classes during rising inflation period. On WHEAT I will be waiting for pullback, and then next cycle to the upside targeting upper descending resistance line, looking for the same pattern as in SOYBEAN.
Hello traders, next week it's inflation releases week, all markets are on waiting mode until this data comes out. The world has started to look at bonds and bonds yields, and it's moving via inflation right now. Commodities are an asset class that performs very well on inflationary periods(the last part of the economic cycle) and Australia is a very important...
Hello, we have a very nice opportunity in Gold, next week CPI numbers will shake markets and the expectations are to confirm increasing inflation. Inflation is right now the only thing that matters as it's making bond yields to climb and SPX to crash. This means money is in risk-on mode plus inflation is picking up, so it's moving to assets that can protect value...
Price Action: Markets have consolidated for a month into a triangle after a long sustained rally. Expect continuation higher after what should be seen as a healthy market consolidation. Inflation fears drove the initial sell-off which was anything but healthy, but markets recovered and sank again on fear of tariffs and trade wars, lastly boosted by North Korea...
How long can the BoJ maintain its zero yield curve targeting with the growing divergence between US rates, strong GDP numbers and Abe's strong arming of Japanese corporates to raise wages? Looking for the USDJPY to test 100 congestion zone in the medium term followed by the 91 handle over the longer term. Extrapolate the strength of the USDJPY to the DXY and...
Tonight, we have ECB President Draghi speaking on the monetary policy and inflation. Expectation for the ECB to present statements regarding the end of Quantitative Easing program and the subsequent steps. This could bring the EURUSD lower, with a move for higher prices capped by the 1.2350 resistance level. If the EURUSD moves lower, I’ll be looking for...
PA indicating a reversal in interest rates from historical lows as inflation data solidifies.
super promising trade of 1st quarter short the heck out of soybean meal (SM1!) overview of past weeks ytd www.agweb.com and upcoming action www.agweb.com 4Hr DAILY WEEKLY im personally bearish meal due to the huge runup. www.agweb.com "South America Conditions - The 2018 Argentina bean crop is one rain event away from being significantly large. This could hurt...
I am neither long nor short on the GBP/USD pair. The GBP was stronger against the USD due to inflation from the US. The conundrum between the British government and European authorities is still ongoing. Both zones are so erratic with thr news that has come out that neither is benefitting the other. This is part of the bigger picture where the GBP is on a bull...
The purpose of this chart is to investigate how long you need to invest in the DJIA to overcome the noise created by fluctuations in the market. What you are seeing is an inflation adjusted chart showing your yield per year if you had invested for 20,10 and 5 years respectively. It seems like 20 year investments usually show pretty good returns but not 100% of the...
In the evening, we await the BoE rate decision. Again, rates will likely remain unchanged, with little to no dissent in the decision. I’ll be focusing more on the Inflation Report, identifying signals on whether inflation would be sustainable at the 2% target, with a stronger GBPUSD > $1.35
NYSE:GE Yes, 'there is blood on the streets' you know it, I know it. However, before GE goes down 'hard cold' busted, we can squeeze +100%. Let me share twisted views on the matter. Fundamental View Do you think the government will allow/tolerate GE's bankruptcy? Be serious! Technical View Take Fibonacci Retracement from the highest high, then go to the lowest...