In today’s market insights I talk about Trump’s latest move to support HK protesters by signing two bills, denting optimism around the recent trade war optimism!
The shift in sentiment was expected but how risk vs havens performed may seem confusing to some when looking at CADJPY and AUDCHF.
Here I explain how the yen and franc are likely to perform against...
I'm still long at $7800 and took some profit so I could lower stop, but the bearish movement is now about 4 weeks old and we are well below the 200 SMA and closing dailies below the 200 EMA, so BTC will have a lot of work to do the remaining 30 days of this cycle to prove its ready to trend bullish.
If we end up with a left translated cycle or a failed cycle...
This is a bearish chart, but let me clarify that I"m still bullish, still long at $7800 and still looking for bull market to re-ignite. But is important as a trader to understand what can go wrong and adapt. What if this rally and cycle fails, what happens if mid December is the yearly cycle low?
The simple answer is that we would have some very bearish...
Hello Traders, here is the full analysis for this pair, drop a like to support the creation of more free analysis and let me know in the comment section below also if you have any questions
In today's #marketinsights video recording I analyse #GBPUSD and #AUDUSD
Pound Lower on:
- Highly complex proposal for a double customs system
- Nothing substantial or "workable" submitted to EU
Aussie Lower on:
- Tradewar shift, again, as tariffs part of the limited deal
- Phase one not documented, China needs confirmations
Stavros Tousios
Head of Investment...
In today's #marketinsights video recording I analyse #WTI #OIL and #GOLD!
#Crude oil fell:
- Saudi Arabia announced attacked facilities will be fully operational by the end of month
- Analysts expectations of an API draw disappointed with a build, instead of a draw
#XAUUSD muted:
- All eyes shift on FOMC and Fed's forward guidance, waiting patiently to receive...
Major Canadian MJ names are largely in similar patterns with notable ACB post-earning weakness. Many of the smaller names are in weaker setups. HEXO is one to watch for a few weeks out from now.
CGC bulls have their first shot at changing the daily trend for the first time in many months, and the entire sector will be watching to see if the sector leader can...
The the rest of the market bouncing back I see BTC continue to drop. I noticed some serious patterns using my DSAR indicator showing a major shift is going to happen. I believe its going to drop past 3k and continue to about 2100 range. I would say that if it goes past 3500, its safe to short this volatile turd. If you are interested in buying the indicator...
Hope this idea will inspire some of you !
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Phil
Markets, investors, traders and many more are all waiting for the much-anticipated speech by Fed Chair Jerome Powell, that is to speak today at 14:00 GMT at the Jackson Hole Symposium . Traders will be tuning in to see if they can pick point any hints about further monetary easing in the US. At the time, things are very wishy washy. The last FOMC minutes from...
CGC CRON ACB APHA TLRY VFF HEXO TGOD OGI CTST
CGC earnings reaction significantly bearish - not what the bulls were looking to see as they try to shift momentum in the sector
Many names in different setups, still very few to have changed daily trends.
Lots of earnings this week could ignite a shift and give us daily trend changes
CGC CRON ACB APHA TLRY VFF HEXO TGOD OGI
Clear lines in the sand that bulls must get over to shift momentum on the daily charts. So far only VFF has done so
If these resistances break, zoom out to the weekly charts, we're just looking for weekly lower highs.
This is a mid-term short play that i spotted on S&P 500 that will most likely play out within a month. This is definitely not a scalp or swing trade.
Key levels marked out on chart:
1) 2018 High
2) Quarterly Opens
3) Monthly Open
4) Grey box - Weekly block that provided support previously
Bearish Bias:
- Monthly Bearish Divergence : Price keep printing Higher...
Today’s main focus on the economic calendar is the FOMC statement by Fed Chairman Powell. Reporters will surely pressure him for details as to the possibility of a rate cut later this year. Earlier this month Powell stated that the economy is growing but due to trade tensions the Central bank will “act as appropriate to sustain expansion, and while he never used...
