Samnzimande

Samnzimande

It shouldn't be a surprise that I have compared USDTRY with the two leading US index funds, as we all know that the S&P500 and the DJI30 are ancient indicators for the US economy's strength. This chart alone shows how robustness the Dollar has been against the Turkish Lira since the pair's listing in mid 2009. Taking a glance at the chart, S&P500 has grown...

Samnzimande

Head and shoulder that failed to outplay the odds, importantly though let's acknowledge that the head and shoulder is within our triangle which indicates the markets are slowly being compressed bearishly and that's just on the weekly timeframe. Shifting down to the daily timeframe, the bearish momentum of this market is easily seen, most traders would actually...

Samnzimande

Talking about a company that needs to be shorted is CAT. Not saying that this is the only company that needs to be shorted but one of the company that has came from all time high in January 2018, since then we haven't tasted 170 price level. Been looking at this company for quiet some time and must say was kind of interested of investing at some point, but...

Samnzimande

A potential Short opportunity on NZDUSD, currently the market declined on a major support and resistance zone which it is on ur 50% fib level. Shifting to lower timeframes it was evident to what our daily timeframe conveyed with that being said it would be foolish of me to tell you sell now because this market is still a the peak and we need more confirmation to...

Samnzimande

The Australian dollar have been in throes for the last 7 months reaching 0.91049 since Oct 2018. It is simply the fact that Canada has been stronger than the Australian dollar which made it extremely cheap, giving buyers an opportunity to buy. Talking only fundamentals on this idea, we have a trend line constantly being respected by two resistance levels which...

Samnzimande

The Euro was on a critical condition just last week caused by Draghi"s dovish commentary and Platini"s arrest but this did not stop the Euro to regain its strength rather it rose 0.2% against the US dollar which was caused by the Fed chair Mr Powell indicating that it may be a rate cut due to the economy status. On Friday the Euro closed to a three-month high...

Samnzimande

On the previous idea S&P and DOW Jones was explained and on this particular index, target price was provided and the market did just that. None much to be said but will advise you to look at the tagged post to get more information. FED yesterday raised concern about cutting rates very soon which extremely moved the markets.

Samnzimande

This is not like any other FED release, this will be efficient and will have a huge impact on the Markets. The million dollar question today is "Will Powell cut rates today", well let's look at the facts, we have employment rates high, we have consumer confident very high and in Europe we have the same case ,not just in America but in Europe as well. Now looking...

Samnzimande

Micheal Platini arrested on Tuesday in connection with a probe into awarding of the 2022 World Cup to Qatar and Mario Draghi's with his dovish comment of "additional stimulus is needed if the economic outlook doesn't improve" which caused the EURO to fall down to 0.3%, disrupting the Euro's outstanding performance in the pass few Months. Few days ago an article...

Samnzimande

There is no question that BERKSHIRE has been outstanding since it's listing in 1996 with a solid exponential growth over the years and no scandals or drama to drag the name on the ground, in fact the Wall Street big shoots call this Firm the company that always has cash to buy new companies. Just recently Mr Buffet unveiled that BERKSHIRE owned $861 Million Amazon...

Samnzimande

If you'd ask me which currency I'd put my money on, without a doubt it'll be the Euro. Despite all Brexit drama, the Euro seems to keep having the upper hand on almost every pair that includes it. Since June 2016. MPs have failed to agree on a withdrawal agreement which means Britain did not exit the EU on March 2019, looks like the Euro actually gained more value...

Samnzimande

Good news for Kids and good news for investors, this company is unstoppable with endless innovations and movies to enjoy. Disney with its upcoming movies and the newest invention of its upcoming video streaming services that without a doubt it'll keep kids and investors asking for more which will result a huge positive drive in price fundamentally. Looking at...

Samnzimande

DOW Jones and S&P 500 closing at all time high, seems like these indexes are unstoppable with over 40% gain of its value in the last 16 years. Top CEOs are making big changes just like Lisa Su with a astonishing turnaround at the semiconductor company, which is now providing intel a run for its money in all areas of chip businesses (Source from Yahoo) and that is...

Samnzimande

Yesterday this pair was explained and expected to turn at 108.614 which it did not reach that particular with just a few pips away but currently doing what was expected in technical terms if we refer to the chart, we can get an understanding of what's happening with the price. It was explained that 108.614 will be our target price if we sold the pair that instant...

Samnzimande

This article will focus on technical terms, it seems that sellers are slowly losing momentum on this pair, recently breaking the bullish trend line and never coming back to kiss it. To take advantage of this trade the moment you see, I will personally suggest you go short on it to 108.614 and having your stop loss at 109.253 and this is not only a suggestion but...

Samnzimande

Oil prices fell by 1% caused by the tension between US and China, it's devastating to see a commodity this important to decline but we cannot control these kinda things, so what we do as traders we react to what's moving the market. Without a doubt the trade war tension of the US and China are driving the Oil price at a disadvantage that is why we see a increase...

Samnzimande

Since early March NZD has fallen drastically against CHF and what we do as traders is figure out the cause of that, technical and fundamental wise. The Kiwi (New Zealand currency) has resulted to have low exports which makes lower exports are a result of smaller contribution to GDP, causing the NZD's value to fall. On the other hand Swiss franc (Switzerland...

Samnzimande

On Monday Stocks opened positive making the US dollar quite strong, Sellers are quite on the deep end on the US dollar against Yen. Last week there was no hope that the dollar will actually gain strength this week due to the Tariffs and Trade war conspiracies etc... so the question is "Is USD really worth buying at this point"? Well I'll simply state YES for the...