The IMF urged Japan central bank to adhere to the current program of quantitative easing in the fight against stagnating consumer prices, the position voiced by the Central Bank official at the last meeting on monetary policy. Comments of the IMF Chairman Kristin Lagarde lay in opposition to the extensive criticism of the Bank of Japan, which does not want to...
Also 20,50,200 Moving average bullish crossover. Dollar index is not looking good either. War on the horizon, Tax cut, health care failure? Debt ceiling raise? Heavily manipulated market, alot can happen. For those of you who are not familiar with IMF SDR plan and the voting power shift that took place this year i would suggest you to study that. Also the ACC...
Kinda cluttered, these are areas I'm paying attention to, depending how the market enters those zones I might think about taking a long/short position. Some fun facts: - Fiat currencies get stronger in market corrections, since people are selling whatever they can for dollars/fiat. - Approximately HALF the volume on the US equity markets is generated from...
EURUSD has a weekly uptrend, from a 'Time at Mode' perspective, and the sentiment is considerably negative for it lately, with the French elections starting the first round tomorrow. This weekend, the IMF meeting takes place, and it might be a very significant event for the Euro. This week is packed with data and potential catalysts for all markets, with...
My take on current Bitcoin price position. I'm more bullish than neutral but I'm still waking up and rushing to check the price in the morning hoping it hasn't crashed. So many concerns with government and banking institutions stepping in. US gov, Chinese, EU, IMF, World Bank etc can take any measures they want and they will if Bitcoin threatens the status quo,...
Dollar is going to continue it's growth against Renminbi (CNH, CNY). Breakup of triangle would start the upside impulsive move. Target at 7.12
Where to go long and where to short (though I have no current plans to short). I hope to sell %50 of my bitcoin between $2400/2700, sometime within the next few years. Anything above that is after gold breaks through its price manipulation and soars to >$5000, when price inflation finally takes over due to the malinvestment of QE money, which is currently...
NKY looks really ugly now. I am shorting it You don't have to.....but save your longs until more reasons to go long emerge
For reference only. Time will tell what will happen in the next couple of weeks.
There may be trouble ahead... Grexit is hiding in the shadows behind Brexit, but former Greek FinMin believes Grexit in 2016 is more likely than last July . Greece has a colossal amount of ECB debt obligations to meet in July. Negotiations and general turbulence look set to hit its peak in the month before, just as the Brexit vote is taking place. But...
We have seen the Bears in control for some time on DAX, breaking both the inner and outer Trend lines, signalling strength to the downside. However the Bears failure to reach 10600 indicates that they are exhausted. From the open this morning DAX has smashed back upwards through the Outer Trend line a good signal that the bias has now changed. For me personally I...
Price remains trapped in its bearish channel, despite a huge rally today. Expecting further bearish momentum tomorrow unless a deal is struck. Targeting shorts to the Outer TL, where I will then be looking for long positions.