What's up Simpsons? In the first part of yesterday's episode the Federal Reserve became FED-UP of hiking interest rates. This normally is good news for indices and Bitcoin. Especially now that inflation has eased (Link 1) In the second part of the episode, 🤡Jerome Powell gave the performance of his lifetime: While Springfield was hot and humid this June he said...
Has the market adopted the term “hawkish pause” to bolster USD bids? It could be possible that, in an attempt to drag out USD strength just a little bit longer (euro has weakened –4.20% in past 6 months), the term Hawkish Pause has been thrown around with not-enough criticism. Not many people have confidence in the US Fed to really make the hard decisions...
The Fed Hawkish Stance During Wednesday's address, Federal Reserve Chair Jerome Powell reinforced his stance on tackling inflation with a more cautious approach. He emphasized that the central bank is not yet finished with its efforts to curb inflation and hinted at the possibility of implementing multiple interest rate increases during future monetary policy...
The Legal Victory: Ripple's Milestone The court's decision to reject the SEC's appeal is a significant milestone in Ripple's legal battle. It affirms that XRP is not a security and can continue to operate without the regulatory cloud that has hung over it. A Bullish Signal: Market Response XRP's price has responded with a bullish surge following the court's...
This is a followup to this year-on-year inflation chart idea posted back in June 2022: The YoY US Inflation rate has been on a trend of going down since it tested the 1.414 PCZ of the Bearish Butterfly above, but recently we have seen the MoM rate slow its descent and form a bottoming pattern with MACD Hidden Bullish Divergence at the 200-Month SMA and now we...
Gold is possibly still within its descending channel, though it has discovered a foothold at $1885 and demonstrated an upward shift this week due to a decline in bond yields. However, the anticipation is for the Fed funds rate to remain higher for longer, so gold’s upside potential might be short-lived. Butting up against this hypothesis is the very recent...
Traders, today we have those news releases for Wed, 28 Jun 2023.. Buyside liquidity then sellside liquidity.. Use these news as your trigger and most importantly, confirm your entry.. This view is linked to my previous view, please review it.. Price may reprice higher than H2 FVG and into my "sell area" marked in my previous idea.. Those are areas of "possible"...
🔔Merry Xmas to all SEC and Powell bears: 🔔reference: 🔔Dashing through the snow In a one-horse open sleigh O'er the fields we go Laughing all the way Bells on bobtails ring Making spirits bright What fun it is to ride and sing A sleighing song tonight, oh!🔔 🔔Jingle bells, jingle bells Jingle all the way Oh, what fun it is to ride In a one-horse open sleigh,...
This week's Federal Reserve meeting is highly anticipated, and I`m predicting that the market will go down following the announcement. The primary reason for this prediction is the expectation that the Fed will keep interest rates high for longer, with no rate cuts predicted for this year. Based on fixed income futures, there is a 70% chance that the Fed will...
DXY reached 114.5 today, and now its retesting before going to touch 115, and it'll drop down to the BLACK box again (108-109) and It'll do accumulation at this zone (108-109) before going bullish towards 120.... Enjoy :)
Hello friends, today Jerome Powell indicated that they should increase interest rates further more, they said same thing last month but it didn't give much strength enough to DXY enough, so I expect such a move which I have indicated in the chart... and J Powell speech indicates that there's loads of supply of US dollar in the market, and to make US Dollar strong,...
More money printing. More banks facing liquidity shortage. More bank runs as panic and fear kicks in. As mentioned before, Q2 will be bank run galore. Entire 2 year's QT effort by Jerome Powell, is now being reversed in less than a month. Did Credit Suisse got bailout by SNB and UBS recently for almost $105B Swiss Francs? Hmm today $CS is trading at less than...
Hi everyone, quite a great day yesterday as FEDS hike 0,25% and Jerome switches tone to more 'dovish' and worried. From cowboy Jerome 'i will hike you to death' to ' let's take it easier'. Charts never lie and this level lost by Dollar was key for our trading yesterday: Same with Gold and Silver entries: Watch the video, it explains how Powell...
finally JAY admits its not all in hand, another strong number on friday will get investord back in the 3Q 2022 mindset that Fed is behind, DIXY BULL, expect nasdaq to out perform DJI for 2H of 2023 after the initial jerk movement.
Inflation ( CPI ) - A Battle Already Lost I've recently shared my outlook on CPI and where I think its headed in the months ahead but after further review, it seems that I've previously overlooked certain signals which should have altered my perspective in a way that it did not. Based on discovery of those signals, I have now updated my anticipatory CPI chart...
After breaking 12 EMA 15min time frame yesterday bears have been suing it for full control underneath it. - at this price point SPY retraced over 60% QQQ retraced 50%. Burden is on the bulls to step up here. Bear still comfortable - if QQQ start dropping more than 50% retracement everything will start favoring the bears - Jerome Powell spoke today and now...
Japan interest rate is at -0.1% vs UK interest rate 4% Where will large funds being swinging to, for better yields? Is there a possibility that an investor from Japan borrows money from local bank at very low interest rates, invest it in foreign asset classes for profiteering purposes? What will happen to the desirability of Japanese Yen vs other G7...
Forex Alert: Fed Officials' Six-Hour Speech Marathon Will the numerous appearances of US Federal Reserve officials rock the market during the closing hours of this trading week? Over the course of six hours leading up to the market's closing this week, we will hear from Lorie K. Logan (Dallas Fed), Raphael Bostic (Atlanta), Michelle W. Bowman (Board of...