Hey everyone, Hope everyone is keeping well and in good health. We've seen our crypto portfolios shrink in monetary (FIAT) value. This sucks, but please refrain yourself from making emotional choices here at all times. Above illustration incorporates the recent FED rate hikes between 2015 and 2019 and what the price-action of Bitcoin was in that time period. I...
We've been tracking the DXY in it's final stages of it's wave C of cycle wave 2. We're looking for this to end around the 98 region, we'd advise patience to confirm the end of this wave 2 before shorting the dollar as it could be a trap and the dollar could push a little higher towards 99 if wave 5 is extended. It is our belief that the Fed has either been...
As we all know that the Fed has announced the increase of interest rate is going to come as early as March 2022. Although it is not guaranteed, but usually the price of gold is going down when the interest rate moves higher due to investors switching their funds to other attractive investments such as bonds and stocks. Lets see on the chart, based on the daily...
After breaking down from our head and shoulders pattern, bonds have found support at lower levels and have attempted a rebound. The level 127'08 provided good support confirmed by a green triangle on the KRI, and we saw a nice pivot there. We were able to break above 127'22, the next level above before retracing and stabilizing above 127'08 again. It appears...
FOMO doesn't see inflation as a problem right now as CPI is steadily increases. The Feds will tighten policies with the help of Job Biden new appointees. This will cause the US stock market to fall further. A hawkish projected FOMO will cause a major bullish move for DXY-If interest are actually raise tomorrow- Powell has hinted this in the past. An immediate...
Gold has smashed through lower levels, currently breaking through our levels in the 1780's. We are just above 1777, the floor we anticipated yesterday. We sliced through the entire value area between 1815 and 1795 with ease. The Kovach OBV has taken a turn to the bearish side with the selloff. We anticipate 1777 to hold, as it has provided support in the past,...
Top section is average 30-year fixed mortgage rates minus US 30Y treasury, and the bottom is them separated. Average US mortgage rates (blue) started to move ahead of treasury rate and expect 30Y treasury to move above 3% this year
Above is a chart of the S&P 500 since 1950 (adjusted in Log). The yellow line represents the mean (average) price. It is well known that price naturally gravitates towards the mean, always! Notice how the price of the S&P 500 has not had a significant drop below the mean, since the early 1980's. It had a brief stint below trend, during the 2008 financial...
Bearish based off past 2 sessions. Also based off Weekly/Daily Market structure I am bearish on this pair as we move into Interest Rates. It appears we may have done a liquidty pullback as the market prepares for the News. If we go down i'm looking to scalp as we go down to 1.25250
As you can see after the breaking of the upward trend we expect the price to see lower levels and there's a possibilty of losing the 1834$ key Support ... i can see the price is so bearish and the next bearish targets is : 1832$ , 1826$ , 1823$ , 1809$ and 1800$ ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️...
The US dollar is on a broad uptrend, solidifying the 96 handle again. However, as we identified in the report yesterday, 96.24 seems to be providing prohibitive resistance at this time, with a red triangle on the KRI as confirmation. We are getting support in the low 96's, however and we identified 95.82 as the next level of support if this does not hold. Note...
Today is the day when we expect the Interest Rate decision for the USD. It doesn't matter if there will be any changes, we're still expecting some moves. Because of the news and how risky and unpredictable they are, we suggest looking for an entry only when the news are over! We think that there is a higher probability that the downtrend will continue. If,...
Unless you're buying with cash, good luck getting a loan when the Fed is done with it's wrecking ball. See you at the bottom :) Disclaimer : Not investment advice.
Market Structure is Bullish on the Daily TF However Market structure is bearish on the Weekly TF Not super excited to buy at these prices Looking for us to come back down to 1.257 Thats where I'd buy at least. This is Based off my DXY Bias , Where I'm anticpating a pullback from our daily resistance zone for liquidity in a trend. It is possible we continue to...
Heading into BOC rate decision tomorrow with some analysts forecasting an earlier than expected rate hike, we see USD/CAD rally up into the neckline of that head and shoulders pattern it broke through last week. Partial profits were taken on Thursday last week and now I will be adding back on to this short position. Looking deeper at the rate decision... it has...
Tomorrow we have important news for the USD. The interest rate decision together with the press-conference that comes with it are currently the most important news for pretty much all markets. They affect the USD directly and also the rest of the currency pairs. In most cases, the market participants are not trading just before or during the news, but they...
One year ago today the narrative for Bitcoin BITFINEX:BTCUSD was that the asset could be a hedge against inflation amidst the easy money policies of the Fed. A full year later with the stated inflation rate of 7%, the highest in 40 years, Bitcoin has returned over 11%... soundly beating inflation.
Bonds have gotten a lift off the selloff in stocks. An influx of risk off sentiment gave ZN a much needed lift back to the 128 handle. We had dipped in the very lows of the 127 handle, and were appearing to get ready to break into the 126's, when the fallout from stocks caused a notable risk off shift. We have broken through our level at 127'22. As predicted...