jasperlawler

jasperlawler

Using the 54% decline that has occured to current levels, and projecting them down from the current H&S neckline takes us down to $13,500 for BTC/USD

jasperlawler

This correlation is a bit of a stretch but you could say Bitcoin has been topping this year while dollar has been bottoming... ? Conclusion: If (post-Federal Reserve meeting) USD rally continues, BTC could be in deeper trouble

jasperlawler

The Breakout over 0.73 is not yet confirmed by a daily close - but if/when it does - it could set up a new yearly high and test of the 0.75 handle.

jasperlawler

Switzerland's benchmarket stock index has unwound all its pandemic-induced declines to hit a fresh record high in the last couple of days. A new taste from investors for value stocks outside the US has contributed to the strong performance. If the breakout holds, it suggests new bullish phase for Swiss blue chips

jasperlawler

When the fundamentals are inexplicable, sometimes there is some sense in the technicals... The drop in BTC/USD over thep ast 5 days is a near-perfect measured move below the rising channel it had been in since March. The $30k level where the priced bounced yesterday found support from the February lows. The price is now back at its 200-day moving average, which...

jasperlawler

We learned in the news today thanks to a 13F filing that Michael Burry of 'Big Short' movie fame placed a huge short postion in Tesla somewhere between Dec 31 and March 31. Hed did reveal in a tweet that he was short in early December, presumably with a smaller position "So, @elonmusk, yes, I'm short $TSLA, but some free advice for a good guy ... Seriously, issue...

jasperlawler

The price of gold has now risen the hight of the double bottom pattern above the neckline of the pattern. It even produce a nice re-test of the neckline for a confirmation buy signal along the way.

jasperlawler

It can be seen that the GBP/JPY forex pair has broken above 150, pulled-back and tested the area and is now moving higher again. This comes after potentially putting in a long term base at 125

jasperlawler

A bearish breakout from a weekly inside bar would be confirmed by the break below a rising trendline on the daily chart

jasperlawler

Fundamentals - Joe Biden is going BIG on stimulus and US yields are spiking alongside inflation expectations Technicals - The weekly chart has posted a confirmed 'shooting star' reversal - and with today's breakdown is now pointing to a more bearish 'evening star' reversal. The 4h chart shows the short term uptrend has broken - and a new downtrend is opening up.

jasperlawler

GBP/USD 1.35 held - 1.40 coming?

jasperlawler

Hang Seng Breakout

jasperlawler

FTSE 100 reaches 9-month high on Brexit and vaccine optimism

jasperlawler

A synchronised move up in commodity currencies has taken the Aussie and Loonie dollar up to the highest in over two years. Can commodity FX continue to do the heavy lifting?

jasperlawler

Breadth indicators really only become useful in two circumstances: 1) when they start to diverge from the price or 2) when they reach an extreme. The highest percentage of stocks above their 200-day moving average in a decade is noteworthy and can be considered an outlier – or extreme scenario. Stocks and breadth are moving in sync and so there is no divergence....

jasperlawler

With 15% rates and promise of economic reform from President Erdogan, USD/TRY might have just topped out at 8.50

jasperlawler

Change in leadership from tech (growth) to financials (cyclical)

jasperlawler

Using relative strength to chart changes in stock market leadership