Nikita_Kalinin

Nikita_Kalinin Updated 

USDJPY performance in the last 27 days drew a return of the mid-term bullish trend. If the dollar breaks the level of 145 JPY, I expect a touch of the 10-month high of 150 in the next four weeks. If the level of 145 stands, then a correction to 142 and 140 could happen.

Nikita_Kalinin Updated 

For the last nine months, USD/HUF has been in a downtrend erasing all gains made last year. However, I believe it could change in the second half of the year. The currency pair reached the key support level of 340 HUF per USD in April. Since then the USD price has been anchored to the level. Before the spring of 2022, the level of 350 was the key resistance...

Nikita_Kalinin Updated 

For the last months, the Turkish lira has been traded near the all-time lows against USD. I think that demand for the lira would shift soon, and it would trigger a breakout of resistance of 18.7 with the first psychological price target of TRY 20 for 1 USD with consolidation near 25 in the second half of the year. In terms of technical analysis, I do not see any...

Nikita_Kalinin Updated 

In my opinion, the correction impulse that started after CHF reached multi-year highs against USD would continue. The USD could erase part of its year losses and touch 0.89 during the next month. The scenario will be canceled, if the Swiss currency resumes its long-term trend and breakout the level of 0.86975.

Nikita_Kalinin Updated 

In this idea, I am trying to read and forecast the behavior of the chart in the next 4.5 months . I do not follow corn production, harvest, demand, etc. Since April 2022 (its 9-year highs) has lost about 40% . Its relatively long-going bearish trend means that most of the drop likely has happened. Let's quickly study previous drops that lasted more than a year...

Nikita_Kalinin Updated 

Last month there were several claims, and rumors, that BRICS will back its united future currency by gold. The return of gold as money has been heavily discussed by gold bugs for about the last 10 years. Below I provided their general thoughts: The gold bugs nailed that China and Russia have significantly boosted their gold reserves. The countries conduct...

Nikita_Kalinin Updated 

No new known macroeconomic factors could cause the current ruble devaluation. They say sanctions, some say a drop in imports ECONOMICS:RUIMP , others drop in exports ECONOMICS:RUEXP , brain drain, discounts on Russian oil, etc. Some blame the Prigozhin mutiny, but it doesn't change economic or political perspectives of Russia. In my opinion, all these factors...

Nikita_Kalinin Updated 

The idea has two parts: fundamental and technical analysis . The latter is based on the weekly chart. On the fundamental side , several essential and minor factors affect and could affect March 2023 price change. Let's divide them into three groups. Bullish : Russian shutdown of gas supply to Europe Russia has cut its European flows for the last...

Nikita_Kalinin Updated 

Although the chart has too many bullish daily candles, the upward angle and trend confidence shows me the trend is your friend. So I expect a new record high and a breakout of December's high of 18.25 . The target is 20 in the next two months . On the macro side, the imbalances remain. Turkey has the highest negative real interest rate (minus 64%) * among...

Nikita_Kalinin Updated 

Since last week the media has published videos and Chinese politicians' statements about the Chinese military drills near Taiwan. Taiwan has also conducted military exercises and preparatory work with the civilian population in the event of an attack. On August 3, the NYT, quoting Chinese state media, published an article about the following Chinese military...

Nikita_Kalinin Updated 

Since last week the media has published videos and Chinese politicians' statements about the Chinese military drills near Taiwan. Taiwan has also conducted military exercises and preparatory work with the civilian population in the event of an attack. On August 3, the NYT, quoting Chinese state media, published an article about the following Chinese military...

Nikita_Kalinin Updated 

Since last week the media has published videos and Chinese politicians' statements about the Chinese military drills near Taiwan. Taiwan has also conducted military exercises and preparatory work with the civilian population in the event of an attack. On August 3, the NYT, quoting Chinese state media, published an article about the following Chinese military...

Nikita_Kalinin Updated 

Since last week the media has published videos and Chinese politicians' statements about the Chinese military drills near Taiwan. Taiwan has also conducted military exercises and preparatory work with the civilian population in the event of an attack. On August 3, the NYT, quoting Chinese state media, published an article about the following Chinese military...

Nikita_Kalinin

Financial markets due to explosion of the Great Bubble of roaming 2010s and quarantine are crashing. Also Boeing has serious problems with its planes. The chart and the common sence shows that it may be the next Lehman Brothers of a real economy.