Risk off shake the market as US Secretary Of State Blinken commenting: We Continue To See Critical Russian Units Moving Toward The Border, Not Away
Better sentiment after Russia circus and all the geopolitical risk stop escalating. Room for AUS200 for rising. Good R:R
The central bank unveiled a path for interest rates that signals a hike only “slightly earlier” than previously, with a move now penciled in for the second half of 2024 rather than the final quarter. The governor stopped colleagues from starting a wind-down of the bond portfolio, with his casting vote determining the outcome for the first time since 2008.
Fundamental Insight We all know that U.S. in tightening cycle now, and half of the world will follow soon, but only China did the rate cut. On January 5, Premier Li said the government should implement “new and greater combined tax and fee cuts ensure a stable start for the economy in Q1 stabilize the macroeconomy.” On December 27, the MoF...
The yield on 10-year raise to 1.95%, awaiting data Thursday expected to show stubbornly high U.S. inflation, which could inject further volatility into financial markets bracing for a Federal Reserve cycle of monetary tightening.
Rate hike expectation is up, inflation is not gonna fade soon. Fundamentally strong USD. USD strong toward first hike is the best bull.
[Fundamental insight: We are experiencing an influx of ‘endemic’, and Covid is on the verge of disappearing from the news. With record U.S. inflation, the market is not in hurry to buy USD toward March rate hike. We are still in the strong bullish bias on USD into March. With the tight labor market, no matter what, inflation will keep rising and will be rising...
Fundamental Insight: Clear down trend and good non sense correction. Another dovish RBA press conference confirmed that this still fundamentally correct short and we are scale in short position. At the otherside, the hike expectation from Federal Reserve is keep growing, Bank of America projectiong 7 hikes this year as Fed was confirmed that they are already...
Fundamental insight: 10Y about to reach 2%, for now it's highest since 2019. And DXY going strong after green NFP. Not to forget oil keep grinding higher and inevitably will keep burning the inflation up. Good correction for short with good R:R.
Choosing AUD to long CAD, as RBA on odd dovish mode vs hawkish BoC
Good H&S and fail spike on Hongkong Open. Stocks Market will be in bearish mode, no more buy the dip and FOMO era after the shift to tightening cycle.
Insight: Dovish ECB as expected another good short after the overbought correction.
Hike as expected from BoE, and they are increasing their inflation projection.
- Good momentum for short. 1800 potential resistance. Strong US job opening number
Still have the same insight on why shorting this. Rate expectation keep rising, and there no sign of less aggressive FED. There's Earning FOMOS too, helping this correction.
Technical Long as everything good for long setup. We are still very bearish for long term on BTC
Very weak USD on Monday, sellers in control. Technical confirmation only. Good rising volume and end up in high volume pinbar. We also hold USDZAR long for long term into March. Bostic will speak soon to yahoo finance, his last comment was about 0.5 point rate. Will close soon if there's no progress. Long USD still very favorable.
We are holding long term USDMXN long. This short is intraday one and pretty much 100% technical analysis.