Our calls on $DXY having issue @ 113 area are standing Doesn't mean uptrend over $DXY formed lower high but now fighting to go ^ Is new trend forming or going back up? Blue circles are possible areas DXY can reach 1 kind of hit already $BTC WEAK #DXY #stocks #BTC #ETH
Gold investors have taken a pummeling so far this year. The SPDR Gold Shares exchange-traded fund, which tracks the price of bullion, is down 5.3% in the year. Many precious metals investors would have found that disappointing especially given that there is widespread belief that gold is believed to be a long term hedge against inflation. And yes, inflation has...
Easy idea... Long against the DXY pullback... should we not get it then i'm out before stops but thinking 28-30k and or 200 day MA easy targets if it can get above trend lines. DXY could easily make another pop to around 114.40 IMO but that would be the top for me... that is my line in the sand to remain in long positions: $BTC $MARA $ARBK $BTCM $ZIM
This Dollar rally is not unprecedented, look at the trend and historical RSI. We've been here before and its a buyers market for anything tangible, "just need housing to join the party". This Dollar strength could last a few months or a few years longer, "maybe good for the next presidential cycle", 2024 headlines, "equities, stocks, crypto see new ATH's thanks to...
target 1.19 bullish case, we are in down trend, although falling wedges tend to break to the upside 68% of the time. looking for a bounce of the trend line, hit resistance, then test, slight downside before a break of resistance to 1.19. could take couple weeks to play out, Day's Range 1.1602 - 1.1694 52 Week Range 1.1602 - 1.3913 Ask 1.1648 long term we could see...
Hey Guys, just an trade idea, here is the AUD/GBP on the daily you can see three major rejection candles coming away from Strong coiling resistance. I've also added the hourly chart the show the trend line I am watching doesn't mean I'm going to sell if broken but would like for it to hold. I'm using Citi mini warrants so this 2.5% target should net 25% gain.
Looks like we have an exact mirror image. He is I and I have spoken. Time will tell
The truth is that the most likely answer is yes, the Ruble will keep going higher. Russia is a massive commodities exporter, from oil & gas, to wheat, and therefore there is a constant bid for its currency due to the natural demand for its resources. As Russia is hit by several sanctions, it is very hard for them to buy stuff from outside of Russia, and therefore...
Please reconsider you positions if you expecting a new moon. Cash is king right now. Deflation is upon us. See you next fall when the bear goes into hibernation.
Bitcoin tumbled Monday to an 18-month low under US$25,000 (RM110,512) as investors shunned risky assets in the face of a global markets selloff. The world’s most popular cryptocurrency dived about 10 per cent to hit US$24,692 in morning London deals, striking a level last seen in December 2020. World stock markets have plunged since Friday when data showed US...
Hello everyone! From today I will start sharing analysis on all sorts of markets, that will be shorter than usual and focused only on a specific pair/topic. Rather than trying to put everything together like I used to in the past, I will try to stay on point and condense the information. That's because readers weren't really going through everything as it was too...
1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!
1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!
Hello everyone As we have seen a great loss of support level 1.078$ and 1.06$ on EURUSD, now we have the support level 1.05$ which leave us with possible outcomes of: - Continuation of the wedge that can be seen in 4 hours chart as bear flag which is more likely because of the last daily bar with the shadow almost as long as the body and the context of bear...
I mentioned recently on twitter that I am long USDJPY. Not much to say about the dollar, other than it looks like it wants to break out to the upside. Additionally, the macroeconomic tailwinds support a bullish dollar thesis in a couple of ways: 1. The Federal Reserve has been very transparent about their intention to continue to raise interest rates through...
A massive volume of BTC left centralized exchanges tracked by Glassnode in March. According to the on-chain data provided, traders and investors removed approximately 211,000 BTC from trading platforms to their private wallets or exchanged the cryptocurrency for fiat.
Currencies are falling while stocks and commodities rise. This has been the case over centuries (see: "Principles", Dailo) On the chart: DXY as a dollar proxy Yen futures Commodities: the mean of 3 ETF's tracking broad commodity index's SPX500 tracks the S&P500 index. Each series has been rescaled to have a similar ranges (visually). A linear...
Hello Traders I have done my best to present accurate and real time illustrations as the story unfolds. Welcome to Buy Dips and Eat Chips. Elliot Wave analysis usually works in 3–3-5 meaning ABC-ABC-1-2-3-4-5 movements. This method is used to accurately predict trend continuation and reversals. The chart above shows the replicated move for Elliot wave...