interest rates going higher, enjoy the pull of inflation for your grains, that and colder weather forecast forget global warming, how about the cooling that is reality?
Rationale for Bearish Dollar : Eventhough the Federal Reserve hike the interest rate (was fully priced in by the way prior the hike), Yellen's concerns on Inflation pushed the dollar down. I am anticipating further weakening of the dollar today. Risk for the trading plan : Dovish tone from ECB Draghi later today.
Rising inflation in the UK! Well, not bad for today,it's just 0,1% up.
Although the fake news would have you believe that the Eurozone is fast on its way to recovery, it is still mired with issues and the failed Euro is taking its toll on German yields. There is still geopolitical tension, a migrant crisis, and a huge stagnation in inflation that extends to the entire developed world. The Kovach Chande is incredibly bearish and we...
Good Morning, traders. It's such a phenomenal beginning of the week. Our forex trading signals closed more than 100 pips. The long-term position in Gold is doing great, and the short-term position helped to pocket nearly 55 pips. Likewise, another signal shared in A Quick Trade Setup on EURJPY closed 60 pips. Now I'm serving up EUR/USD and GBP/USD to secure high...
Gold price explosion upward seems to be so imminent. And Given the trend following method, when the candle closes over 1400 around the 1 month timeframe, new spot entry would be nice in the super long term. Good luck Inflation is coming, Save your money in your saving accounts.
Good evening comrades, With the recent rally in the loonie resulting from multiple interest moves by the BOC, I'm looking to form a consus regarding the posoitoning of the market going into tomorrow's report. Personally, I beleive that the data release will result in a downside correction for the CAD seeing as the currency incredibly firm already. Now, putting...
If you expect an uptick in inflation like I do in the US, the Financials could be a good way to play this. With USD down more than 10% this year, commodities having risen by more, and continued labour market tightness, inflation could surprise to the upside over the next few months and $XLF could be the proxy to play this, rather than being short bonds - which...
Here is another look at Gold on the all-time chart. Indicators are directional movement index, correlation coefficient with BITCOIN , and a set of Bollinger bands . I like my bands to be drastic and i use OHLC average method, the reason being that I want to see all those fluctuations, I want the constrictions to be painfully obvious because constrictions signal a...
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...
6M DZ in control, W downtrend broken, new W Dz creating, with positive Priceaction for Bulls, with Engulfing Patterns..long Bias till 10.700-11.000
The Asian session has paved an upward trend for commodities and stock markets after the release of spectacular figures on the Chinese economy. The growth in industrial production and retail sales, the two key drivers of the economy exceeded expectations, while GDP for the second quarter grew by 6.9% compared to the same period last year....
Daily TF view: XAUUSD has fallen a lot after FOMC raised rates a few days ago right after it was able to break through the "Big Bear Resistance Trendline" but failed to hold and close above it forming a bearish candle in the weekly . Now it looks like it was able to form another bottom at the 1240 level with a nice green reversal candle on the Weekly 20MA...
Why has the relationship between inflation and unemployment reversed in recent times? (Phillips curve) - 1. 1980s vs 2017 - Expansion in govt and consumer credit, economic boom, demographics 2. unemployment manipulation/ part time, participation rate 4pts lower 63 vs 67. 3. Servicing debt rather than consuming more goods/ services - wage v debt differential 4....
Possible reverse closed manually. Target was 1247.xx
Testing levels. Waiting for enter. Forecast for the coming weeks.
As you can see, yields are poised to break above the bull flag; a convincing break would target 3% as a minimum. Time to buy some moon boots guys and ditch any $JNUG dreams.