Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
As the chart shows, after last Wednesday's FOMC announcement, the 10 Year Treasury yields broke above 1.65 for a test of 1.75 with potential move toward 2%. This is a hugely important move and is part of what has affected the NASDAQ and the recent corrections in crypto currencies. There is also the additional move out of the high growth and high performance stocks...
Gold is really about the US Dollar strength. I've shown the inverse correlation in other charts before, but not on this 15 min time frame. The relationship is startling. So - if you believe the dollar is going to go significantly north, there is hardly any point going long on Gold. If you believe that a Dollar Surprise is coming (see my post on that), then...
EURUSD seems to have faked us out last week and now is creating another high. The way we can enter this is if we wait for a impulse and a retest on the neckline shown on the chart. With this, we can have a tight stop loss. See DXY chart below for correlation. DXY down = EURUSD UP
Last week we anticipated a breakout but it failed to break a major level. This week we may see one more push up before reversing. Paying close attention to the double top region.
If you can hear me, great! If not.. I am highliting that there is a decent amount of correlation going on with XRP and XLM, in comparison with BTC. HOWEVER As of recent, the correlation seems to have swayed to negative correlation. Remember, one coin is based on decentralization, and the other/s are based on the polar opposite, on the side of banks... Also,...
Hello. My name is François Normandeau Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes . Currently, on the daily charts , all the indicators we are using are mentioning that the US Dollar Index TVC:DXY is currently in a confirmed downtrend . Historically, there is a strong positive correlation between the US Dollar Index and the US...
Understand the correlation and you will understand overall trend.
Following up from my previous video on price of Gold, I show an startling inverse correlation between Gold and strength of the US Dollar (DXY). Before February 2020, Dollar strength basically followed Gold. But after February - the world changed. Keep in mind this was when COVID struck, and the FED flooded the economy with basically 'air money'. COVID popped...
Aiming for a slow move to the downside with US Dollar Index showing positive moves to the upside and the British Pound Index Turning bearish on the Open. There are economic factors that may accelerate the moves.
I drew my chart on the greenback last week some time and thought I would share as it has significant impact on major pairs as well as the price of GOLD. For the time being we are seeing bears gaining momentum. Keep a close eye on the $ Draw up your analysis on the Dollar, Sterling and Euro, and Gold. Are there emerging patterns? Lets look again on Sunday at...
My recent analysis of Silver applies across all commodities. If you are bull on Silver, Gold, Platinum then you are bear on USD. It is quite easy to be bear on USD at this time and it makes sense fundamentally as incentive for companies to return manufacturing to the USA. I have found a distinct correlation between the log scale price of BTC and USD, where USD...