TheAnonymousBanker

TheAnonymousBanker Updated 

Hi Trader! U.S. Treasury yields climbed on Wednesday after an unexpected rise in UK inflation last month and stronger-than-expected U.S. December retail sales data strengthened the case that interest rate cuts will not be as imminent as the market expects. The UK inflation print, as well as more push-back from European Central Bank officials on Wednesday against...

TheAnonymousBanker Updated 

🔴 Oil jumped as the US and its allies launched airstrikes against Houthi rebels in Yemen, retaliating for attacks on ships in the Red Sea that have imperiled flows of fuel and goods through the vital waterway. President Joe Biden said strikes had been conducted against a number of targets used by the Iran-backed group, with US officials saying radar sites and...

TheAnonymousBanker Updated 

As we can see from the chart above, the previously shared analysis hasn't changed (see chart below). From a technical point of view, we have considered the idea of a potential bullish swing developed with at least 3 legs, such as ABC for example )without excluding an impulsive structure 12345 with Target above the previous Top). Now, instead of following the pair...

TheAnonymousBanker Updated 

Trend is still bearish on daily and weekly chart, but at the same time we do not exclude an interesting technical rebound in mid-term. In this analysis we just wanted to share our view and how it could develop (Impulsive Structure), for more details on support and resistance levels, visit our Blog. With this in mind, from a technical point of view, AMEX:NEAR ...

TheAnonymousBanker Updated 

Hi Traders! From a technical perspective, Gold still has the possibility of triggering a bullish swing in the short term. If we look at 1H chart, Gold could reach area around 2067 area at least with three waves if it manages to break the resistance area. Trade with care Like | Share | Comment

TheAnonymousBanker Updated 

Hello Traders! The FED's monetary policy is not convincing the markets, but Powell seems very determined to meet his inflation targets. In near term, market seems to want to counter this hawkish monetary policy, but that could change going forward. In short term, yields remain at high levels and I don't exclude that this rally could continue for the last bullish...

TheAnonymousBanker Updated 

Hi everybody! On weekly Chart the trend is bullish , but although the pair formed a nice impulsive rally, at the moment, I still consider the main trend as a big corrective pattern (ABC Pattern). Even though the price rejected from 149.25 area (wave C), the wave was very steep and I don't rule out its transformation into an impulsive wave (12345). If this happens...

TheAnonymousBanker Updated 

From a technical point of view, the trend on the FX:USDCAD pair is bearish, but at the same time the technical structure should need a pullback which should take the form of a corrective structure. With this in mind, we expect an accumulation phase that should push the pair around 1.3284 and 1.3420. What's you opinion? ...are you bullish or bearish on this...

TheAnonymousBanker Updated 

Hi Traders! On the intraday chart the trend is bearish but at the same time, we cannot exclude the continuation of this rally on the intraday chart and resistance breakout will confirm this Pattern. That said, if we look at the 1H chart, it is possible for a harmonic structure to develop that should push the price around Target 1. Trade with care. Like | Share | Comment

TheAnonymousBanker Updated 

Hi Traders! From a technical point of view, the FX:EURUSD pair is approaching a very important resistance area, it is also our bullish target (see our setup/analysis below). That said, our strategy is very simple: we will be looking for some Reversal Pattern on a smaller time frame (1H), and if this appears, we will try to take a short position, so if you are...

TheAnonymousBanker Updated 

In the short term we can say that the FX:EURUSD pair is bullish above 1.0930 (bullish scenario invalidation) on intraday chart. That said, from a technical perspective, we have already reached our previous Target around 1.1040 (see chart/idea below), and from this area a corrective structure should be logical with a potential ABC Pattern. If this idea is...

TheAnonymousBanker Updated 

From a technical point of view, a bullish consolidation on the intraday chart (30') is still possible. That said, the FX:EURUSD pair is triggering a corrective structure within a triangle (corrective Structure), so the bullish breakout should be able to push the price to 1.100 and then 1.1040 area. Trade with care Like | Share | Comment

TheAnonymousBanker

Betting against the dollar is growing in popularity after the Federal Reserve upended markets by signaling the end of its monetary tightening campaign. Non-commercial traders — a group that includes hedge funds, asset managers and other speculative market players — boosted their bearish bets on the greenback in the week ended Tuesday. More than 39,000 contracts...

TheAnonymousBanker Updated 

From a technical point of view, the FX:AUDUSD pair is very interesting and attractive, especially on a lower time frame. If we look at 1H chart we see that the pair completed 12345 bearish impulse structure (or part of corrective structure) and subsequently triggered reaction from wave 5. From our point of view, it should be correct to try to take a long...

TheAnonymousBanker

Hi Traders! From a technical point of view, NASDAQ:META is very interesting for Day Traders, but at the same time it could also give some opportunities to Aggressive Traders (Intraday) in short term. Having said that, if we look at Daily Chart the trend is bullish in mid-long term, but in the short term we do not exclude a bearish consolidation before another...

TheAnonymousBanker Updated 

The technical structure on intraday chart still remains interesting in the short term. From a technical point of view, the pair could still trigger an interesting bullish swing if it manages to stay above wave 1. Trade with care Like | Share | Comment

TheAnonymousBanker Updated 

The minutes from the Reserve Bank of Australia's (RBA) Nov. 7 meeting due out on Tuesday at 0030 GMT present a risk to the recent gains in the Australian dollar. At the meeting the bank hiked the cash rate by 25bps to 4.35%, matching expectations. However, the RBA delivered a less hawkish forward guidance, stating that further tightening of monetary policy may be...

TheAnonymousBanker Updated 

Today's session will be very important for FX:EURUSD pair, especially after the data that will be released later. Having said that, the trend is bullish on intraday chart and the next bullish target should be around 1.1045 area. From a technical point of view, this rally was supported by the bottom swing formed around October 13th (see analysis below). The...