AUJPY broke up the descending channel . It has formed a short term uptrend. In order to buy I am waiting a break - retest of the resistance with a TP level close to the most recent solid resistance I spotted. Otherwise, if it breaks the current support zoen and retest it pointing down I will go vice versa. In general BoJ is more dovish while BoA is more...
The SNB (Swiss National Bank) are expected to hike interest rates tomorrow, which would send their rate above zero for the first time since 2011. The central bank entered ZIRP (zero interest rate policy) between 2011 – 2015 before switching to NIRP (negative interest rate policy) with a rate of -0.75%, where it remained until June this year. And with seemingly...
DXY is going to top, the parabola on the DXY is comparable with meme stocks, unbelievable, they really did something wrong with the dollar, good luck for the American middle class, Dollars of tomorrow will be like the euros of today, a hot potato... my playbook for the end of the year: Short DXY long SPX500
Blow off top candle? or recession is looming? you tell me, this thing is going berserk. quite amazing, the dollar is about to enter the MEME stock category. What a parabolic shoot
INFORMATION USDJPY has been rising for multiple weeks. The current trend is very bullish. Couple of days ago, Japan had to intervene and bought Yen using its dollar reserves. Statistic shows that Japan has over 1 Trillion US dollars in their reserves. As the dollar continues to get stronger, BOJ is planning to Battle for the next 6-9 months to stabilize the Yen....
Update of the trend lines after the FMOC; From here I would say it's safe to go long in stocks for the rest of the year, FOMC has reached peak hawkishness, inflation has peaked, the dollar is out of gas, almost not even moved after the FOMC, triple divergence in the monthly RSI ; Right now I would take the contrarian attitude, I would short the Dollar and go...
For readers who have been following us right from our first ever TradingView idea, you’ll recall our first ever trade idea on long USDCNH. It’s been a fun 5 months writing and sharing our thoughts with the community. Much has happened since April, but two critical things stayed the same. The US Federal Reserve remains hawkish, raising rates, while the PBoC...
This trade is worth taking if the following happens . If Interest rate increases < expected . If news is less hawkish than expected . If bullish news for EUR occurs - e.g war outlook improves - drought worries go down Will post a trade plan for bullish usd news soon
The Price Broke around the support zone, and retested it around the continuation pattern, wait for the breakout after consolidation, BOOM, we go lower around 140 pips.
I believe that watching the US10Y is a great way to gauge what's happening in the equity markets. As we've been witnessing, stock valuations are being compressed and investors are feeling the pain. I've been watching this chart for a while, and you can see that the 10-year Treasury yield is nearly at 3% and is at 4-year highs. This is something to definitely keep...
Our fundamental bias is bearish for the pair in the short-term. 2hrs ago we got an announcement that Japanese Finance Minister Suzuki and US Treasury Secretary Yellen likely discussed coordinating the currency intervention during bilateral talks. We expect that announcement to strengthen the JPY in the coming sessions. We expect the GBP/JPY pair to complete C wave...
Hey traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.643 zone, in this week we have an important BoC statement where we expect BoC to Raise rates by 0.50 which considered very hawkish and should contribute to CAD strength. Once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
CNH1! Birds of different feathers are likely not to flock together! As policy divergence continues between the US Fed (Hawkish) vs the PBoC (Dovish), we expect the Dollar to strengthen against the RMB on a macro level. On the technical side, we see a bullish RSI divergence (prices making lower lows while RSI making higher lows), suggesting that momentum is...
finally $BTC picked a direction this is normal don't think about todays price think about the price in 2-5+ years if 42k become resistance Bitcoin Algos will flip to sell again The Stock market is controlling the narrative its all bunch of bull shit don't be a scared paper hands pussy buy the dips HODL this is financial advice don't be a pussy will get...
DAILY MARKET BRIEFING; EUR/USD TECHNICAL ANALYSIS September 23/2021 The EUR/USD had a complete move towards the August 23rd lowest support area as negative economy reports blazed from the side of the EURO zone earlier in the last trading hours. It was not long ago when the expected interest rate hikes took charge of the market sentiment. Yet, the government...
Hello traders and welcome to the August NFP-week. It promises to be a volatile one. In a word, the Oxford English Dictionary defines "august" as "impressive": as has historically been the month of August for Gold. Last Saturday the Chinese PMI fell below 50.5, the lowest reading since the COVID-outbreak of February 2020. They say China is the factory of the...
Hello Traders! Upcoming dollar strength as fed turned hawkish with rates and inflation is not seems transitory. Levels Labelled. Have great day! Vitez