Scene 1 Darth Powell summons the legends of the past to formulate the plan to fight the Omicron and Inflation insurgence. Brigadier Bernanke, General Greenspan and Veteran Volcker report for duty. “We are at an event horizon, what should we do?” declares Powell. “Pretend it isn’t happening”, says Greenspan “Bailout everything, print more money,” says Bernanke “I...
At the start of the year, it was clear that the Omicron wave (Wave 4) started, as heads up by the previous post. Wave 4 is ON now. In the coming weeks, it starts slow, but will accelerate faster and faster, into March and April 2022 In the last two months, we can see that the infection rate escalated after the turn into February. Depicted by the white and...
Speculation for Macro: - State of Emergency and lockdown for 10 weeks due to Omicron variant. - Bear market until Feb 2022. "Move fast, move hard" - Naftali Bennett GLHF - DPT
They have at their disposal the technical analysis of Novacyt, it has great bullish potential, they have marked resistance and support. I hope it will help you. Sincerely, L.E.D. In Spain on 01/20/2022
Well would you look at that, a Bitcoin analysis. Opting for the Higher time frames here, from the chart above we have 4 trendlines, all of which have played significant roles in bitcoin achieveing it's current price action. Looking at the trendline that initiated the bounce on November in the year 2011, bitcoin has found itself at the trendline once again after...
Adagio Therapeutics announced its lead monoclonal antibody has neutralization activity against the Omicron variant of SARS-CoV-2. Adagio is evaluating ADG20 in its global Phase 2/3 clinical trials for prevention and treatment of COVID-19. Adagio is engaging with the FDA regarding protocol updates to its global Phase 2/3 clinical trials. My price target is...
Have a look at the weekly chart for EURJPY. Here we can clearly see that the price is in a bullish flag and pole formation. At the moment a consolidation should be expected as the price lies at the critical sell zone. Now looking at the smaller picture on the main chart, to go short a concrete confirmation is required. The ideal point of breakage should be...
Yes, the LONG move is highly primed in! USDJPY is going LONG in 2022 Q1 and possibly Q2 as well depending on the FED hiking cycle and USD's economic data. Since the long-term weekly resistance was broken last month, USDJPY is highly likely to head higher. But now the big question on the traders mind is: how high can it go ? Most financial banks are betting...
Chart speaks a thousand words... Wave 4 is ON now. In the coming weeks, it starts slow, but will accelerate faster and faster, into March and April 2022 #marapr2022
The Canadian dollar continues to show strong movement early in the New Year. USD/CAD is currently trading at 1.2674, down 0.56% on the day. The first tier-1 events in 2022 out of the US disappointed, missing their estimates. The ISM Manufacturing PMI for December slowed to 58.7, missing the consensus of 60.0 and below the November reading of 61.1 points. The PMI...
Disney broke out and recovered with W pattern. Resistance at $170 range or continuation of November downtrend related to omicron? Time will tell.
Welcome to the first trading day of 2022! The euro is slightly lower in the European session, trading around 1.1350. Eurozone Manufacturing PMIs for December pointed to growth across the bloc. France and Italy beat the consensus, while Spain and the all-eurozone PMIs were within expectations. The one disappointment was Germany, which came in at 57.4. This missed...
The British pound has started the New Year in negative territory. GBP/USD has dipped just below the symbolic 1.35 level. The British pound ended 2021 with a winning week, gaining 1.03%. It was the second week in a row in which GBP/USD gained over 1%, as the risk-sensitive pound continued to make inroads against the safe-haven US dollar. On Thursday, GBP/USD rose...
The British pound is trading quietly in the European session, at 1.3515. The pound is up 0.90% this week, after a strong gain of 1.18% a week earlier. On Thursday, GBP/USD rose to 1.3520, its highest level since November 10th. Will the pound push above this line on the last day of 2021? The catalyst driving the pound's rally impressive rally over the past two...
On the final day of 2021, the major pairs are stuck in tight ranges. The euro is trading quietly at 1.1310 in the European session. This holiday week was characterized by a dearth of economic releases and illiquid markets. That left the markets vulnerable to volatility due to market-movement headlines, but in the end, the currency markets had a generally quiet...
The euro lost ground earlier on Thursday but has recovered most of these losses. EUR/USD is currently trading at 1.1337, down 0.08% on the day. With a very light economic calendar this week, the markets are being driven by sentiment, which essentially means the latest Omicron headlines. The markets remain fairly upbeat, despite the explosion in Omicron...
The US dollar has again pushed the Japanese yen above the 115 line, after breaking through the symbolic level on Wednesday. The US dollar has been showing broad weakness but has managed to push the yen back above the 115 level. Earlier in the day, USD/JPY rose to 115.22, marking a 5-week high. There are two reasons why the yen hasn't been able to take advantage...
In this holiday season, the liquidity remains minimal which has caused this pair to range in a very narrow pattern. However it seems that the liquidity would return to market eventually soon which might likely cause this pair to rise with the target being the upper end of the long term daily descending channel. With the fundamentals highly in favor of the USD, we...