USD / TRY is already triple (D1-H4-H1) overbought. If the the first D1 candle close above the north BB, the course probably turn to the middle band. Target price is 7.30000. Technical resistance: 8.50000 (magic number) The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!
BTC approaching 0.25 GANN ANGLE. This is where GANN predicted in 1927 that the world will be reborn and BTC MUST HIT 10K. It is geometrically impossible according to free mason studies. at 10k we will ask the sacred shapes again what is next 🙏
THE MISALLOCATION OF RESOURCES IS SEVERELY HAMPERING THE GLOBAL ECONOMY! THE INFLATION-ADJUSTED DEMAND FOR OIL IS COLLAPSING! THE CREATION OF FIAT CURRENCY IS WHAT SUPPORTS THE PRICE OF OIL, NOT FREE-MARKET DEMAND! BUT WHEN IT BEGINS TO RISE, INSTEAD OF SIGNALLING A RECOVERY, ALL HELL WILL BREAK LOOSE!
I know FED is playing big moves ahead so far to prevent the State from the pandemic before it may cause more disruption around the country. The reason is beyond technical analysis for me to think even slightly how this pair might gonna end up trending upward. The big moves which I'm talking about from fed were the double rate cut within a month and some repo...
Risk markets are starting to form a temporary floor via BOJ stepping in and suture the wound. Volatility is set to remain high for the coming days, Asian stocks finding a bid from the usual dip buyers while USDJPY has started to bounce from last week’s move. Looking to sell any rallies into 109.2x as we have not seen the end of the storm in currencies yet. ...
CHF too expensive in EUR terms I expect a rate cut by the SNB.... if not...they will intervene directly.