Fundamental Backdrop RBA Gov Lowe mentioned "Very Much in Data-Dependent Mode on Interest Rates", "Monetary Policy in Restrictive Territory" This means that the RBA is closely monitoring economic data and could potentially continue increasing interest rates CPI y/y also increased from 6.3% to 6.8%, this shows inflation is still on a strong rise which can...
FOREXCOM:EURUSD is under sell pressure. Germany is officially in recession. Inflation numbers came short in both Spain and Germany. These are signs for interest rates in eurozone is slowing down the economy and at some point ECB needs to stop increasing interest rates, which would make euro weaker. In contrast to this, job openings and GDP numbers came positive...
Fundamental Backdrop RBA Gov Lowe spoke today He mentioned "Very Much in Data-Dependent Mode on Interest Rates", " "Monetary Policy in Restrictive Territory" This means that the RBA is closely monitoring economic data and could potentially continue increasing interest rates CPI y/y also increased from 6.3% to 6.8%, this shows inflation is still on a strong...
Money that is being parked at the Feds Reverse Repo Facility due to attractively high interest rates the fed has set for money parked at the facility has been on a steady decline since late 2022 and we have now confirmed a lower high and are looking to break down below a Bearish Dragon trend line that could be the initial trigger that gets it started to going down...
We can Observe that After the 1st Quarter of the Year, January-March the price of Eurusd has increased. Now As we near the middle of the second quarter, I can't help but visualize a Breakout. Price is currently sitting at 1.102. So far price has respected the Weekly Level at 1.106. The High for the first quarter was 1.103. We have now spent quite a bit of time at...
It's the 24th May 2023, 3pm local time. The Reserve Bank of New Zealand (RBNZ) have just increased the official interest rate by 0.25% to 5.50%, as expected. What happened next was not expected... The RBNZ announced that they currently have no intention of raising rates further and that the next rate change could possibly be a cut! What does this mean for New...
Check out the AI patterns and my trend lines and see what you think... we've definitely broken the long-term down trend which everyone said would collapse.. pretty much everything, lol.
TVC:US10Y Bull Flag on the weekly chart, its bullish until it fails. Interest rates going higher will be a problem for stocks like NASDAQ:AAPL NASDAQ:GOOGL NASDAQ:MSFT NASDAQ:META
It is hard to keep the sham! We go down, tomorrow will regain a bit though trend is down. Sell call options at 134,50 till end of standard contract. For pro advice DM.
Long trade idea, looking to be priming so offers a nice RRR.
Rates on short-dated bills have soared ahead of the so-called ‘X-date’ early next month, after Treasury Secretary Janet Yellen warned last week that the government could run out of cash as soon as June 1. It's worth noting that the debt ceiling issue has arisen multiple times over the years, and each time it has ultimately been resolved. While it's impossible to...
Hi Traders! We are trading near May 23rd 2022's high of around 1.26632, hence why we have been struggling to get any momentum. The market is currently undecided as to where to go from here. Due to the market being at the highest point for almost 12 months, there is bound to be some resistance at this level. We also had an inverse head & shoulders pattern...
Yesterday, the ECB expectedly raised interest rates by 0,25% and caused volatility in EURUSD. Today is third day with important news. With this news we expect the direction to be confirmed and to see more clear entry grounds. The more likely direction for now, remains 1,1090 and upon a breakout to confirm the uptrend. Drop below 1,0985 will mean that there is...
Interest rates are likely to go up. FED will remain focused on controlling inflation. Job losses we are seeing are not enough to stop FED action, as FED believes these are not numerous enough to impact economy. FED also doesn't believe recent bank issues are a contagion. This idea is an expression that interest rates will go up, therefore best play is to go long...
Yesterday the FED raised interest rates and we saw big fluctuations across all instruments. Today is the ECB’s turn to announce interest rates, also expected to rise by 0.25% This will lead to new swings in EURUSD and confirmation of the direction. We watch for a breakout and test of yesterday's news levels to enter new trades.
Some important Fed's Powell signals a potential end to hikes. - The staff predicted a mild recession in general however, my forecast is for modest growth, not a recession. - A decision on a pause was not made today. -The economy is likely to face headwinds from credit conditions. - Policy is having an impact on housing and investment. If FED is...
Do we have enough steam to take us to 1.11500? Anticipating that rates stay the same and that the May Decision is Bullish. Planning since Staurday this past weekend that we may be onto something here. My Belief is that May Decision is viewed as an Optimistic data point. Preparing for a fall to 1.086 if not the case. Safe Trading. I'll be looking for opportunities...
Interest rates will be announced today. This is the most important news at the moment and certainly will cause big fluctuations. Expectations are for a rise of 0.25%, but this has already been reflected by the market and it is more important what the comments are about the next periods. We have no active positions at this time and will only search after the...