The past week turned out to be quite eventful for significant events for the US stock market. And most importantly, it is difficult to name any positive, at least for risky assets. Inflation in the US continued to break records. The consumer sector, with its 7%, was noted at the maximum levels since 1982, while the production sector remained at the historical...
After peaking at $1.9637 in April, followed by the May - June market slump, XRP has battled in futility to return to its previous highs but cannot get past the $1.3250 barrier. Many analysts have opined that the weakness in the XRP comes as a result of the lingering lawsuit with the SEC. That said, we can rest assured that a conclusion of the case could...
After the highest consumer inflation in the last 40 years, followed by a 10% increase in producer prices, the ranks of the Fed finally closed: it is necessary to tighten monetary policy as soon as possible. And if at the start of the week the markets were counting on an increase in May, then after a series of aggressive comments from the Fed officials after...
Looking at yesterday's data on consumer inflation in the United States, one involuntarily wonders what the Fed was counting on when they repeated the mantra about the temporality of inflation for six months and assured that it would resolve itself. It resolved to the highest growth rates since 1982 and an annual growth rate of 7%, which is unheard of for developed...
Hello everyone! today's trade is on EURUSD, a pair with high volatility which is a favorable thing for traders. Why are we taking this trade? - Ascending triangle on EURUSD with a very strong uptrend and buying-volume. - Price above the 20-50-200 EMAs and the POC. - European Stocks Higher on Recovery Optimism. - Dollar edges off lows as U.S. inflation test...
Risky assets were recovering yesterday, while the VIX Fear Index was declining. To say that there were some special reasons for this, perhaps, is impossible. On the contrary, the headlines of the leading news agencies set up rather gloomy thoughts. Let's start with the fact that Fed Chairman Jerome Powell said that the economy is in good enough shape for the...
Buyers in the US stock market were again uncomfortable yesterday. There were no new reasons on the horizon: all the same talk about tightening the Fed's monetary policy. Meanwhile, the number of bad omens is growing. The point is that although the US stock market as a whole seems to be in order, some of its elements (the most extreme) or other risky assets are...
The past week turned out to be one of the worst for risky assets in recent years: crypts were falling, sales were going on in the US stock market. And it was not about the omicron, which, although it provoked new world records of the pandemic (the number of new daily cases of diseases approached the 3 million mark, and a couple of weeks ago only slightly exceeded...
Lots of information can be gathered prior to the high impact news events. Look for levels of interest, supply and demands, areas of liquidity etc. The London session always gives clues to where the price is going. We tend to see a lure to trap buyers before the news kicks in and goes in the true direction. Be mindful of this if you are trading NFP next month.
GME tested strong high-volume support from March and earlier in 2021 and bounced up sharply off the ~$122 level rising to ~$174 in the AH yesterday. The AH spike occurred at a time when most retail was not in the market, likely to avoid FOMO and more specifically to effect the IV in a manner to curtail potential options trading by retail and other players in this...
Not gonna say much, strong trend line massive support halving and with no doubt one of the most underestimated project out there...
CADCHF is showing bullish market and not overbought it will continue move towards the level of 0.7348 on next trading session. Analysis - Stoch is showing market is bullish and not overbought./RSI is in no trading zone at the point of 59 which is very risky to trade and market if CADCHF pair is moving toward the next higher resistance at the level of 0.7348.
Hey traders, we are monitoring CAKEUSDT for a buying opportunity around 10$ zone.
"Why it moved the way it moved" Technical analysis on the past chart is of no use we have to be prepared for the next possible move before hand. But every time i start charting i feel this is not predictable might be because im busy, lazy or unmotivated. 😒 But that doesn't mean we can archive every move cuz next time maybe when it starts moving we can be prepared...
Buyers of risky assets were not in the mood for fun yesterday. The US stock market collapsed, commodity assets went into deep minus, crypto, of course, fell. Tellingly, nothing fundamentally new has happened. It's just that the Fed was reminded that 2022 will be the year of tightening of monetary policy in the United States. Although everyone knew about it. The...
The main event of yesterday was the OPEC + meeting. But this time there was very little intrigue. Unlike a couple of previous meetings, when the markets were not sure about an increase in production by 400K (either because of the fall in oil prices, or because of the pandemic), this week everything went very casual. An additional 400K b / d will appear on the oil...
The new year kicked off on a very optimistic note for risky assets. Tesla gave cause for optimism, having reported about 936K sold electric vehicles at the end of 2021. This is 87% more than in 2020. The growth rate is astounding, especially against the backdrop of the main scourge of automakers in 2021 - the lack of chips. And although Tesla shares were quite...
Omicron continues to amaze with the speed and scale of its spread. The numbers are really terrifying. In Europe, the number of cases has increased by more than 50% in just a week (in America, the figure is about 30%). As a result, the number of new cases in France is already under 200K (almost three times higher than a couple of weeks ago). A similar figure (180K)...