Here I have AUD/USD on the Daily Chart!
From Friday's High @ .67672 to its Low @ .66597, we can see we get the Confirmation of a strong reversal pattern with the Break of the Neckline of the Head & Shoulders!
Now what I'd like to see off the same High and Low of Friday is Price give us a 38.2% Retracement of the Low & Pullback to test the Neckline for potential...
Retail investors often mistakenly believe rate cuts are bullish and will profit, but history suggests otherwise. In the last two decades, we have witnessed three major rate-cutting events that occurred a few months before market peaks, each followed by 40%+ corrections. We have observed similar patterns with retail investors becoming bullish as rate cuts are...
Last week, U.S. housing starts, a key economic measure of new residential construction, dropped to their lowest level since 2020, with single-family housing starts hitting a 16-month low. Meanwhile, overall housing inventory has climbed to its highest point since 2020, and new housing inventory has reached levels not seen since 2008. Despite a moderating mortgage...
Gold has outperformed the broader U.S. stock market this year, with analysts predicting further gains as the Federal Reserve nears rate cuts. Gold surged to a new record high of over $2,500 per ounce, and some experts forecast it could reach $3,000 next year. Key drivers include potential Fed easing, geopolitical uncertainties, and increased demand from central...
After the market bloodbath this weekend,
CRYPTOCAP:BTC closed liquidity at GETTEX:54K giving us a bullish setup for the short-time being.
Barring war breaking out between Iran / Israel, I expect a rally to ~$59,5 to be rejected where we then make our way down to close liquidity and form a double bottom ~$50,5 going into RATE CUTS on September 18th.
Here I have EUR/GBP on the Daily chart!
The Lows @ .83972 & .83827 seem to have found enough Support in this Zone since its last visit back in the summer of 2022!
After BOE decided to cut their Interest Rates to 5% on Thursday, we see the end of the week gave us quite a Bullish close above the Lower High @ .8490 CONFIRMING the Double Bottom Reversal...
CBOT: Wheat Futures ( CBOT:ZW1! )
On Friday, July 12th, the United States Department of Agriculture (USDA) released its latest World Agricultural Supply and Demand Estimates (WASDE).
(Note: The WASDE report is published monthly and provides annual forecasts for global supply and use of wheat, rice, coarse grains, oilseeds and cotton, as well as the U.S. supply...
CBOT: Micro 2-Year Yield ( CBOT_MINI:2YY1! ) and Micro 10-Year Yield ( CBOT_MINI:10Y1! )
The recent US inflation cycle started in June 2020. As the global pandemic interrupted the global supply chain, the prices of goods began to rise rapidly. In the following two years, the headline CPI shot up nearly nine percent to a 40-year high.
The Federal Reserve initially...
Here I have USDJPY on the Weekly Chart!
Price has been meeting all the criteria since its LOWEST LOW recorded @ 75.565 in Oct. 2011 to have then started what looks to be a Correction Wave (ABC).
*This Low also seems to have been the completion of the 5th Wave of the Impulse Wave since UJ hit markets in Jan. 1971!!
On the chart you will see that we have continued...
JPM on the daily chart has plain and obvious consistent momentum albeit with corrections.
The markets are expected to thrive in this lection year and three rate cuts are projected
in the net 8 months. The best time to buy JPM was both March 22 and October 23. I suggest
the next best time is now before the forecasted rate cuts are factored into price ahead...
Undervalued Dollar? Democrats' Influence on Powell's Rate Cut Plans
Federal Reserve Chair Jerome Powell is scheduled to present his semi-annual monetary policy testimony to the House and Senate starting this Wednesday. The market will be looking for Powell to provide a more specific timeline for interest rate cuts.
Currently, the market is pricing in three...
USD opportunity? Market overestimating March rate cut?
The market is only pricing in a 30% chance of a rate cut from the US Fed in March now. Is this probability too high still? Jerome Powell spoke after the latest FOMC decision yesterday and noted that it was unlikely that the Fed would be cutting rates in March.
Why is the market still pricing in a 30%...
Hello everyone i want share my idea bout NAS100 price action at higher timeframe, here i will tell some reasons why stock market will stop moving up and change it will change trend.
First we had at stock market pretty good bullish movement in 2023. If we look economy of America they are in trouble, last few months of 2023 we had pretty bearish movement at US20...
CBOT: Micro 10-Year Yield Futures ( CBOT_MINI:10Y1! )
Maritime transport is the backbone of international trade and the global economy. Over 80% of the global trade volume in goods is carried by sea, according to the UN. Therefore, whenever a major trade route is blocked, shipping time would be lengthened, which pushes up freight cost, and ultimately, the prices...
In 1930, when the Fed cut interest rates, the market crashed further. In today's tutorial, we will be comparing the 30s and today’s market to identify some of their similarities.
Where exactly are interest rates’ direction pointing us?
As we may have read, many analysts are forecasting that there will be a few rate cuts in 2024. Is this the best option?
My work...
COMEX: Gold Options ( COMEX:GC1! )
Gold prices rallied to an all-time high on Friday.
Spot gold climbed 1.6% to $2,069 per ounce, up 3.4% for the week. Gold price rose to $2,075 mid-session to beat the previous record of $2,072 reached in 2020.
U.S. gold futures also broke new ground. The February 2024 contract of COMEX gold futures settled at a record high of...
Governing Council stands ready to adjust policy further and to deploy other market tools if required: BOC . 25 bps cut probabilities at the April meeting or sooner.
I may be jumping the gun here, but with the emergency rate cut.
we are going to have to cut the rates some more next fomc meeting, and as the situation progress and with the way trump is whining about fed rate cuts.
there a high chance of certainty that they will eventually cut the rate to 0%, especially as corona cases get serious and hits 1 million. it's...
