U.S. Elections Made Crowds Turn a Blind Eye on Brilliant Corporate Reports It seems that stock markets and currencies, as well as commodities, are no longer willing to respond appropriately to the regular macroeconomic background or even to the important Q3 corporate reports from giant companies. The investment community itself seems to not care about forming...
During my regular weekend charting I was looking at the SP500 and compared current development to 2016 US elections when stocks turned up aggressively higher. But before market resumed higher we saw a top in August then retracement followed by a bounce after three leg correction. This time, I see very similar development, which can be the case if Trump wins. In...
Weekly ideas for FX:GBPJPY GB Overall bearish trend so I will be looking for more downside from the pound with the news over the weekend of a national lockdown. Expecting a gap down upon market open. We have US elections on 3rd November which will also play a role in GBP direction (Trump is pro Brexit)... I will be keeping an eye on these levels of interest.
Only two days left until the elections and Wall Street is bracing itself for the next president of the United States - Trump or Biden. US Elections have been and are always expected to be an extremely volatile event worldwide. Elections, similar to other political or banking sector events, are notably treated by market participants with anticipation and...
A week of high-volatility ahead of us in the FX market as the US presidential electio n is only a few days away. Sharp and unexpected price movement could happen around the time election results are announced and days after. So stay vigilant and trade safely. As you know I'm a pure technical guy! I don't care what the news says but rely on the pure price action...
Price is currently rejecting at an interesting level on the daily. An FVG has already been filled and anticipate more buyers to come in as we head towards elections week on Nov 3. Keep an eye on and be ready to pertake of this pie.
NRG is my renewable energy choice. It has great potential for growth and is currently undervalued by at least 27% according to Yahoo finance. At this moment the stock market is seeing a huge drawback and as we near the election, markets are becoming more volatile. Currently, NRG might correct to $30 over the next few days. If $30 does not hold, next stop is $28....
Undoubtedly the most important event of the upcoming week are the U.S. Presidential elections. We have seen in the past the high impact that the result has on the financial markets and Bitcoin is no exception, especially in late years where it is more correlated with the stock market than ever before. So how did Bitcoin trade during the past two U.S. Presidential...
The US is in a crossroad. The FED has repeatedly insisted that fiscal stimulus is necessary for recovery but politics has taken center-stage. The Fed's balance sheet is now at a record high but investors aren't buying yet. Pelosi and Kudlow are still moving slowly to agreeing on a deal and that is having a negative effect of the equity markets. The US election is...
the exotic pair traded in a side ways ranging market for a long period of time, last week we witnessed a breakout to the upside in which a bullish momentum is gained. a retest was made by the pair during the Asian session today!! and the critical level acted as a great support. a potential bounce can be seen from the current levels or from 1.6505 level. the stop...
Traders, gamblers and the rest of the financial market riffraff, I salute you. What an awesome week it was, raining pips all over the place in goldyland and we scooped it up and down like we have been working in a gelateria in one of the alleyways of Rome. The coming week will be decisive for gold as we have been stuck in this beautiful range for too long and...
After 13200$ short-term resistance Bitcoin could see 15k fast before ATH. With the us elections in the next weeks and uncertainty, we will have rising BTC and crypto prices probably.
So this is my anticipation on S&P 500 i think its now going for 4000- . Same as Gold and other US indices. I actually think the Covid-19 crash actually increased the cahnces of this huge incoming rise. So lets just all wait and see but im definitely going long and i think the US elections will pump it more. Suggestions in the comment section.
Hello traders, analysts. Here is our take on the DXY - referring to the Dollar strength index - which relates to consumer confidence within the United states. While our charts show less about how the fundamental side affects the setups - the purpose of our view is to show while yes; The election coronvirus - now affecting Trump directly. Trade stalemate with...
Hello Traders and analysts, We are currently in sells - Here is our take on EUR USD - weekly chart We added the DXY for reference in Blue The eyes - are sell targets The eyes - are potential buy zones. it depends on your outlook. The US - will be pivotal for investors during the election process. EU - concerned about over valued currency in 2020 as they look...