Another wave another short, a BIG short ! After the bearish confirmation with the break of the $3636 level on Sept. 27, the first bounce wave ended on Oct. 5, and the bearish acceleration on Oct. 13 with the lows supporting Fibo 50%, yet another wave of technical bounce is about to end. The opening short area starts at $3750 with a more important area between...
The Covid-19 pandemic and Russia vs Ukraine war created supply shortages and imbalance in the global economy. In order to balance out the supply & demand and find equilibrium, demand needs to be reduced to meet supply. The way they can achieve this is by hiking interest rates, making things more expensive and making risk assets costly to hold. Until inflation has...
Traders and Investors, Dollar had a massive run for past year and is now inside an FCP zone. It is kind of stuck between 2 FCP zones and may consolidate there for a bit. On smaller time frames, there are few signs which can give us potential important hints on the next direction. Last week, showed a rejection pattern from the top which is still valid. if the...
The US dollar (USD) has strengthened against most other major currencies in recent months, reaching a 20-year high by regained ground above the 113 bouncing back from its weekly lows of around 110 and We've already had five rate hikes this year, but the Fed has not yet been able to contain runaway inflation. Inflation shows no signs of slowing, with 8.2% increase...
the market seems to go down after the break out so I recommend that you sell the treasury bonds, the united stats have no choice but to raise interest rates
Gold has broken down from $1670, finding support at $1658 before equilibrating after the hotter than expect CPI data. Support was confirmed by a green triangle and we were able to recover, testing $1658 one more time before tending toward $1670 again. The Kovach OBV is pretty flat, suggesting we may waver around current levels before we see another significant...
Bonds took a dive to break lows and hit our target of 110'05. A green triangle on the KRI confirmed support and we immediately the dip was immediately bought back, and we recovered the range between 110'27 and 111'26. We are currently hugging the upper bound of this range. The move followed yet another hotter than expected CPI print and a slump in retail sales....
Gold has retraced significantly from the $1700's. It appeared that we were ready to solidify this handle, however we faced a massive selloff with the rest of the risk-off assets, as the markets price in sobering data and a hawish Fed. We have broken through $1700 and our first two support levels in the upper $1600's at $1692 and $1683. We are currently finding...
I am expecting the Pound to rise against the Dollar, in a corrective play. We are currently seeing a correction take place on a bigger scale, playing out in an A-B-C wave. Wave A - Complete✅ Wave B - Nearly Complete👇🏽 Wave C - Pending🔺 Drop me a follow for more free analysis✅
In today's video I will look into a detail analysis of USDMXN, which is doing quite well compared to the strong USD Index. So my assumption is that when USd index will hit resistance, possibly after the 10 year US notes completed the current fifht wave up, the USDMXN can easily break through the support and will be targeting Feb 2020 pandemic low. Crude oil is...
DXY still Strong Uptrend with 3 CandleS Daily Strong Bullish. If price breakOUT Supply Zone, then DXY will continue up until 116 as Target #1. As we know The Fed will continue raise the interest on 3rd Nov 2022, I will update the DXY Daily Chart to you periodically.
How long will the rally continue? What to watch to answer this question. 7 October Fed Critical Datapoints Non Farm Payrolls and Unemployment Numbers If more people are finding jobs and and unemployment is going down it will indicate a strong economy, which will lead to the Fed continuing rate hikes, which will put downward pressure on the S&P 500. If more...
This is my current and future outlook of Ethereum, post-merge.
As seen in the video - I am short the Aussie Dollar against the almighty greenback. The RBA needs to get more aggressive in hiking interest rates, in order to compete with the Fed in the US. The Dollar USD will continue to be strong against all other currencies as they raise interest rates aggressively and be the defense trade in these uncertain times. Although...
Makes sense $TNX stopped falling as they stopped the bond buying program It's been weaker so likely they started buying again #inflation #interestrates Will #fed reintroduce QE and/or also stop raising (short term at least) rates???
Traders will keep eyes on global bond markets for next week because if the Bank of England's strange policies continue, it could help gold to rise while the Bank of Japan, which is concerned about high prices in USDJPY, should intervene in the forex market. In addition to buying yen, they can sell US bonds in the markets and witness fluctuations in bond yields. ...
1. LOWER HIGHS-LOWER LOWS: price action says the actions or pattern formed by the price itself. and the people who trade in the stocks makes up the demand and supply. therefore, this affects the inflation, and there could be a major correction, if recession is announced. 2. 3200 level is getting support by FIBONNACI RETRACEMENT(0.618 AREA) 3. RSI ANALYSIS: first...