So great that NZ has no Covid 19 Covid Lockdown anymore, but there is still a border lockdown and it will still be a struggle for a small economy to function properly in a world wide economic crisis.
All the while, the NZ winter takes hold...
Of course, the USD is the real mover of the FX:NZDUSD pair, and perhaps the damage is done for the U.S. and a slow...
HMA TSI and CCI T/A and news, may 13th. Bitcoin's (BTC) upcoming halving – a once-every-four-years reduction in the supply of new units of the cryptocurrency.
Historically, Bitcoin halvings have been followed with massive surges in Bitcoin’s price. The lack of sell pressure causes prices to grow quickly, resulting in what many crypto analysts refer to as a...
AUD/USD will continue to trend lower in coming weeks because the global economy is in a deepening recession, says CBA . The bank now expects the global economy will contract by 2.6% in 2020. The greater the increase globally in unemployment, bank funding costs and bank bad debts, the longer and deeper the recession will be, the bank adds. CBA expects moves in AUD...
AUD/USD will continue to trend lower in coming weeks because the global economy is in a deepening recession, says CBA. The bank now expects the global economy will contract by 2.6% in 2020. The greater the increase globally in unemployment, bank funding costs and bank bad debts, the longer and deeper the recession will be, the bank adds. CBA expects moves in AUD...
USD Strength continues in the fundamentals, (Economic trouble of Covid19)
Looking at the MA here, the next wave is up
Use of Price action (resistance becomes support etc)
and Hull Moving Average, FIB levels, and TSICCI
Custom indicators found here:
MT4 Bots available
NZD/USD will do this FIB RETRACTMENT as it makes its way down to 0.63
This Long and then Short. TP is markets favorite FIB levels: 0.382 and 0.618
Momentum changing is seen with HULL MOVING AVERAGE used in my custom indicators
including TSI and CCI
combo of my indi's say BUY! USDJPY
Hull Moving Average cloud
CCI_Hull (CCI with normal MA removed and replaced with a HMA)
TSI (as standard, but custom appearance)
PM me for MT4 Bots ;)
perhaps markets have problems soon? like 2008? or is that even possible anymore ( thanks FED plunge protection Bot )
well, also theres some basic chart analysis, previous support becomes resistance etc
Kobayashi’s transactions published indicate that the mass sell-off of the Mt Gox BTC was potentially a driving force behind the December 2017 and January 2018 Bitcoin pricing slump.
many are hopeful that with waiting for the next Mt. Gox court date, Kobayashi won’t be able to dump another load of coins on the market. But, in fact, the September 18th court hearing...
USA Gov focus on Biz growth = force USD down and on 14 Dec surprise rate hold by Fed ?
meanwhile AUD mineral based economy go up with XAU
on chart: Ancient lines cross, was that a double bottom? < higher lows curving upwards, previous resistance becomes support
LonG, TP from weekly chart. SL is no. No Accept LoSS, only win :-)
Previous resistance becomes structure, which is ancient resistance level from weekly.
Indicators have turned up across most timeframes
FIB, ICHIMOKU , MACD , HULL MOVING AVERAGE
some news stuff and also supply & demand