26 January 2024, 17:04 •EUR/USD rises in North American trading, buoyed by softer US core PCE inflation data. •Fed's core PCE index fall to 2.9% raises hopes for interest rate cut, aiding EUR/USD's climb. •Mixed European signals: German consumer confidence falls, Spanish unemployment at 16-year low, ahead of Fed decision. The EUR/USD gained some 0.14% in early...
This week's Federal Reserve meeting is highly anticipated, and I`m predicting that the market will go down following the announcement. The primary reason for this prediction is the expectation that the Fed will keep interest rates high for longer, with no rate cuts predicted for this year. Based on fixed income futures, there is a 70% chance that the Fed will...
I found out about Bitcoin many years ago when it was in prime time only to be associated with organized crime , scams, and money laundering. And that remained deep in my mind. Since jail seemed a bad idea, I convinced myself that crypto it’s not for me. As time went by, I didn’t see the good fortune because my mind was still relating Bitcoin to a dark area...
So as many saw I spoke about XAUUSD various times on videos/posts/livestreams. It is times like now that one must reflect on probability and what they have seen before. Then, you can make a Positive value decision on how you are going to trade. That is because this is an example of an asset looking WEEK. but that doesn't make it untradeable. Lets look further...
The news is at 2:30pm for the high rate hikes decision… This is the big day for the market. If they decided to go 100BSP then everything will crash , if they ease up a bit then we will crash again then recover. Also on November 2nd we should expect the Feds pivot. We might see another huge drop again for bitcoin
Potential sideways for the bulls 12430 became a new low for GER30 right now at 14200 consolidated but the bulls won’t give up that easily. Bollinger bands showed a push up that the bulls has a push up potential to go sideways, anyways big fall and the war still going at ukraine. Now GER30 is now getting the experience but need the bulls to take over.. in order for...
Should be hitting 200K this year but the war at ukraine and Russia is down hell worsen. Chief general told Biden the only way to stop Putin is to get in a war with them in ukraine but big warn will start WWIII. Other hand NAS100 is in a difficult situation (we all seen this broken structure before and it won’t be pretty). If it drops then buyers should expect...
We absolutelly MUST to be capable of holding the 47700 level of previous resistance we just flipped into support. We also may wick to 46600 but not close there, which will mean it was just a fakeout and we´re reentering the descending channel. Next resistance to break - 50000, then we can talk bullish recovery.
Shiba Inu is right now forming a wedge which will decide the midterm trend. We already saw a breakdwon but then we came back into the wedge. The probability for a break to the upside looks higher, because we have a pattern on the smaller timeframes that broke to the upside! The bullish target is 90 and the bearish 50 whatever quintillion of a cent. But the fractal...
BTC 50-56k, are we here again already? Everyone is asking the question, which way this time? Will this hurt as much as it did the last three times? Will we have a double peak like BTC had in 2013? Currently I'm leaning 70%/30% long. The purpose of smart money is to accumulate dumb money, and distribute it to themselves, so we should always do our analysis with...
Important things to note: We have not gotten our 50MA test yet. Price coming to another decision. Long wicks tells us price will move up temporarily. A break from temporary trendline will signal fall to lower price level. 1.91 price level will be hit hit price falls, 1.71 might be hit. Chinese Govt hates BTC (we already knew that) Important Dates to Take Note...
entry 112.. if it breaks be;pw its broken look for bearish target of 78 20 DMA needs to move through 100 DMA on 1 month chart still on watch Decision time...
we broke trendline because of BTC correction, let's see if we can close above the trendline, then a bullish scenario retesting resistance is more likely. bullish: TP1: resistance @ .26 TP2: 50% fib @ .28 bearish: TP1: yearly open @ .22 TP2: monthly demand @ .20 TP3: support @ .19
an important point. for if btc breaks daily pivot or resistance here. it reclaims weekly L3 which would target weekly H3.. which also is the monthly H3 which would put it back in its structure for decision on continuing higher for a new month
Despite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias. The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet. The...
Thank you for your likes! Very Appreciated! Please Share also to help as many people as possible. Enjoy! _____________________________________________________ We observed that after a long run down the market have found some power to stop the fall. The market now moves in a range. We observed that the tops are lowering while the bottoms are increasing and doing...
Comex Gold Futures and GDX, corresponding gold ETF, both took a dive on Tuesday morning. Crude Oil plunged another 14% in early trading creating a need for cash to cover losses. With FOMC rate and economic policy decisions due on Wednesday and ECB on Thursday, volatility is on the rise for the rest of the week. Gold is holding support at $1705 with potential to...
Will the bulls continue or will the bears win? Noontheless if bears continue to push us down I don't think they have won the battle. Let's see what happens next week. I want to see break of 10600. As mentioned in my videos before.