Introduction: I won't have many comments on the US 10-Year Treasury Bonds (US10Y) as the statements made by Chairman Powell could alter the chart. In my estimation, it seems unlikely that there will be further interest rate cuts for a while, which could have positive implications for the price of gold. Technical Analysis: The chart for US 10-Year Treasury Bonds...
To be or not to be – the rate cut this year? The markets switched their expectations from March and May toward September, although currently not with high certainty. Recent data show still high resilience of the US economy on tight monetary policy. Retail sales in March were increased by 0.7% on a monthly basis, which was a figure much higher from 0.3% expected by...
Within the next few quarters we're likely to see some impressive fireworks in the various markets around the world as we gear up for multiple black swan events IE negative oil prices. The storm isn't over, it's just begun. 3 Month Monthly Weekly Daily
BTC has reached the top around US$ 73700 on March 14, 2024 as it was clearly explained in previous publication. Since that it's gone around 1 month till now, and no one new high was printed in BTC. Bulls fade. Robust gain de-established. Upside bubble-alike trend transformed into detrend structure with flat top near US$ 73000 per BTC. RSI (14) is sluggish...
Short term bonds are still trading below the bank fiasco crisis. 1 & 2YR Yields. However....... Long term #yield is higher than it was during the bank fiasco. 10 & 30 YR #Yield. Normalization of the curve is still a ways off.
Jobs data were the ones that moved the markets two weeks ago, while the previous week was marked with inflation data. The US inflation is quite persistent and moved higher to 3.5% in March, from 3.4% that the market was expecting. The overall market sentiment is that the Fed will stay reluctant to decrease interest rates during the course of this year, since the...
I've entered a sell from $2,423 with a risk entry, for my Gold Fund investors. Currently running 500 PIPS within the space of 2 hours. Risk free already🤙🏽
I think there's a good chance that Gold has now topped or will early next week. We've seen a 3 bullish impulse completion of Wave 5 (Wave X-Y-Z). Even though the 'selling confirmation' price is $2,265 & offers a safe entry point, I've found a risk entry on the 1H TF🤞🏼 ⭕️5 Wave Bullish Move Complete. ⭕️Selling Divergence. ⭕️A-B-C Wave Correction Yet Pending.
Now is a very good time to get into USDJPY long positions & target the $153 price point. Offering a good 600+ PIPS profit! Bare in mind this the 1D TF, so be generous with your SL & give market breathing space.
Some weekly consolidation; Possible yields haven't topped yet. These inflection points lead to weekly and monthly trend changes which I will be looking for a potential spike as momentum shifts back down and rates test the keltner channel mid or upper line. There is also a possibility that rates breakout of the resistance (trend change) of this bullish leg from...
DXY retracement from it's last peak seems to have bottomed out, and is starting the next leg up to retest highs. Inflation is driving rates back up, or holding them up. While bonds occasionally sell off and yields rise. I imagine either other countries start lowering yields to prevent banking failures, or the US starts increasing yields to avoid dollar debt...
Here's an inverted scale of the previous chart which I posted for you all, showing another angle on the Gold market. Gold has tapped into our zone for sells and so far rejecting. Let's see if this huge move can play out! I've been buying XAUUSD since prices been at early $1,600's. Is it time for a reversal? It's not impossible. Gold is extremely overbought &...
Jobs data posted during the previous week surprised the markets in a negative way. It is sort of a paradox, considering that usually strong job market is good for the economy of any country. However, at the current situation, this strong jobs market sends a signal of a potential increase in inflation figures, which might impact the Fed's decision to cut interest...
US10Y: Bullish- Ascending triangle Ascending triangle detected on US10Y The exponential moving averages remain possible targets Monitor Ichimoku levels The ROC ( Rate of Change) is in a positif territory. Bonds can rise to a double top Stay careful Good trades to all
Yields are currently in EW 4th wave correction, this should bottom by the end of 2Q for a sharp rally back to new highs end of year. 2025 will be the year of bear with a crash in all risk assets. Likely bottom near the golden fib @~2.5%. Risk assets also should follow this path along hand in hand. So bullish stocks until EOY after a brief correction in 2Q.
Well here we are, no recession? no rate hikes? what's going on?. The currency collapse is imminent that's what is going on while majority wait for a recession. No reserve currency has ever survived going past 121% Government Debt to GDP (what about USA in ww2?, this was the start of parabolic technology growth + decrease in spending + war debt repressions...
GOLD SHORT TO $1,967📉 Made slight wave adjustments (WAVE W-X-Y) & relabelled them as Gold pushed higher. Overall this selling analysis remains intact as our selling confirmation zone has not hit yet. I have moved the 'selling confirmation' price higher to $2,156. Being patient & not rushing into trades🤞🏼
The 10Y US Treasuries finished the first quarter testing 4.2% level. The favorite Fed's inflation gauge, PCE indicator was published on Friday, indicating that the inflation is moving within market expectations. This additionally supported market optimism that the Fed will cut interest rates in June this year, which is currently estimated with 60% chance. Speaking...