This Currency Pair has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
With all financial markets preparing for the upcoming summer rate hikes, I predict markets will consolidate within a larger than usual range presenting great opportunities for investments.
Next Hike: June 15-16, 2022.
Hedge Idea (Scale / Intraday):
Short:
Scale into positions when price breaches 130.000 handle up to the top third end of the range...
Today I'm going to address my perspective on Bitcoin. I see this as a potentially life-changing opportunity for a lot of people, but I also understand that many people will simply overlook this opportunity. I'll talk about the overall macro structure of what I'm seeing for Bitcoin's cycle, the force behind this bearish price action, and the most logical and...
BTC has followed a descending parallel channel since Nov 2021 ATH shedding >52% in late Jan to.$32.9k. Since the low, BTC rallied to a local high of $48k in late March before resuming the gradual mark-down. Currently sitting >40% from ATH @ $38.8k.
Bitcoin Weekly Chart currently above 100 EMA while the 20 EMA has crossed below the 50.
Previous FOMC in early...
We can see a nice rejection off of the 540 level which is also the previous swing low that was set on December 21st. ADBE has a high PE ratio of 52.88 which puts it in the category of stocks that are selling off right now due to the federal reserve scheduling rate hikes for next year and reducing it's balance sheet. We can also see the supply/demand shifting to...
The Fed has threatened to raise interest rates two more times this year. But will they? That and news signs of life on the charts. For the first time since November, I am starting to see small indications that the bulls are about to make some moves!
USD/JPY reached six-year highs and is currently testing fib resistance levels at 120.516 to move higher. If this first level of resistance is broken, the next level seems to be 121.607 and obviously new highs.
The reason we are seeing this rally is largely precipitated by the invasion of Ukraine by Russia, dollar weakness after the Fed hawkish tone as compared to...
"Laugh Out Loud"
Market action clearly indicates no concern in near-term about the Federal Reserve taking significant action to reign inflation or cool the economy down.
Dovish environment means more of the same rip-roaring good times.
WE are heading into a (historic) FOMC Meeting.
SPY gapped up yesterday, "semi-positive" vibes from the Kreml + jumping chinese markets pushed it higher.
It produced a gap below, but for now we are above EMA 20 on the Daily.
As usual during FOMC-days expect a lot of fake-outs.
If we will get the 0.25 hike i assume more bullish-pushs - they will have to unwind a lot...
Bonds continue their selloff ahead of the FOMC meeting today . The Fed is expected to raise rates, and we could be in for as many as 6 rate hikes total this year. This is impacting yields sending bond prices tumbling. ZN has made a brief attempt at higher levels but got batted down around 125'07, a level we identified yesterday. It is likely to continue the...
The US Federal Reserve kicked off its Federal Open Market Committee (FOMC) meeting on Tuesday, with the markets widely anticipating a 25 basis-point hike in what would be the first interest rate increase since 2018.
Fed Chair Jerome Powell had earlier raised the prospect of a 25bp hike, telling a House financial services committee hearing two weeks ago that he is...
Historically, in the absence of QE (Quantitative Easing), the US10Y (US 10 Year Treasury Bon) exceeds inflation. This means that bond yields must rise to exceed inflation for non-Federal Reserve buyers to enter the market place. Non-Government buyers will not buy a bond below inflation as their real returns would be negative.
A SIGNIFICANT...
Quick Analysis on 10 Year Treasury Yield on a 1D Linear Chart.
1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s.
2) It has broken out of the top trendline of the falling channel with a recent re-test of the S/R line.
3) The measured move of the falling channel would bring it back to Pre-2008...
Fed policy bets are evolving, which may explain why gold has managed an upswing alongside the S&P 500 while the US Dollar has fallen so far in February.
Policymakers’ increasingly assertive posture on stimulus withdrawal coupled with supportive economic data – most recently, January’s payrolls report – have driven up near-term rate hike expectations. The longer...
FOMC-DAY
Today will be wild. Expect the Usual Bullish/Bearish Nightmare Candles right before the FOMC-Meeting and the usual trap and reversal.
Given that the Market as a whole pushes like crazy since PM Start, i expect a top-resistance test at 442/3
With that push, a lot of Shorts trapped below from yesterday, If 442/443 fails, breakdown to give them a chance of...
During the 1998-2000 period we had a 20% correction in SP500 in the LH of 1998 followed by WTI bottoming in the low teens and 3 very fast rate cuts
In the following 8 months up SP500 gained just shy of 50%, WTI gained 60% and the first 25bps rate hike come in 30th of June 1999 SP500 corrected to retest previous low, then second rate hike of 25bps come in on 24th...
We closed Friday at the local support pf 14600 and went through it like a knife through butter down to the next major support at 14400. If we do not hold that there is a high chance we dive into 14000.
A Pattern that keeps repeating is that we see green candles in premarket, fooling average Joe that the dip has ended, average Joe buys in, and in the second half...
