Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Follow the line and the news coming out, this can be a great short opportunity
I think we will feel freezing cold if long in this pair even in June. So short and stay warm for beach weather ,)
A- Before the rate decision given gold will probably hit around the level by point A on chart. B- We can see a delay on rate change or a little increase by Fed with a comment explaining further increases will be at really really slow pace and not continuous C- We can see a direct rate change by FED, that only means we will see the gold at its near term lowest at...
1- DXY consist of eur mostly which has no reason to go up at all. ECB policy, bad economy etc.. 2- Even with the bad data US has the best economy compared to others 3- Fed can only delay the interest rate cannot cancel it. they would need a space for the next hit and flexibility also 4- Only strong economy in DXY is UK relatively and they even can release bad data...
I am expecting and waitinng for the signal to come as a higher bottom here. Lowering tops are turning into highher bottoms can show a major trend change in this pair, and we can go long again
Feds rate increase can give gold pace towards more downward movement but I think they will keep the rates a little bit more around those numbers..High rates are enemy of gold..I am still expecting a littie more downward movement, will decide how much after oint D reached.. Waiting for downward move to be complete to get long with other bulls..
Try has been sold hard for rumours about interest rate issues. It might be time for a reaction... USD is the more majorly taken currency but think EU would make a stronger downward move here... This should be the level to try this pait once more after realizing profits last time by EU zone monetary easing announcement..
I am long with tight stops...
Fundamentally Eur has more potential with downside opportunities plus this seems a good opportunity with 50 day mav and putting stop over its 200 mav
Short