What would cause rates to move higher? Inflation 2.0? According to this long term yield chart were about to experience a paradigm shift in rates. If this Monthly Golden cross occurs we should see a bull market in rates continue into the future. This would not be a good sing for risk equites. The last time we got the opposite signal" Death cross" we saw a...
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. The Reserve Bank of New Zealand meets early on Wednesday and it’s practically a given that it will hold the cash rate at 5.5%. This would mark the sixth straight time that the RBNZ maintains...
I've been giving warnings ever since the c0v1d black swan, and especially since the 25k re-test, that Nikkei will grow wings but here's a seeing-is-believing look at where my 40k target comes from For sure it could go higher later and break this key resistance but I would expect at least one more re-test of the navy blue channel beforehand In theory there's no...
Traders, as we navigate through the second and third quarters, understanding the potential movements of the US 10-year yield TVC:US10Y becomes increasingly crucial. Join me as we analyze the factors shaping the bond market and anticipate the trajectory of the 10-year yield in the coming months. I'm excited to share a comprehensive outlook, encompassing a...
Must-know events for the trading week The week ahead in the US will be marked by significant events, including the release of the FOMC meeting minutes and March inflation data. Alongside the meeting minutes, investors will continue to analyze speeches from various Fed officials: Recent remarks from Minneapolis Federal Reserve Bank President Neel Kashkari...
I've been saying for some time now that Dow Jones has _no_ relevant resistance till 40k and now here we are If that resistance fades quickly then the next relevant resistance is at 45k and probably most retailers will come up with excuses to short it the whole way there also "But how did you come up with that number?" See for yourself heh this is a very clear...
I've posted a BTC chart here last cycle, showing the weekly and monthly RSI cheat-sheet of where to buy and sell, and I trust it served many well (see the related idea below) The key to anticipating cycle targets ahead of time is the adoption curve, which is actually a straight line on a chart with log on both axes, but without log on the date axis (unsupported...
What a difference 11 hours makes. The 1 & 2 Yr #Yield are STILL under resistance & are weakening. 10 & 30 Yr completely reversed once markets opened. But this tends to be normal, pretty frequent. This is why waiting for a CLOSE is of utmost importance. IF we CLOSE here, last night's thinking is NO MORE and the best plan of action is to WAIT. TVC:TNX
Let's keep looking at #InterestRates. Gives us an idea of what the Fed may do. The 1 & 2 Year are still under their RESISTANCE level. Struggling a bit, but not breaking down. Trend is still there, weak though. 10 Yr looks like it wants to break the resistance zone. 30 YR looks like it's gone. Does not look like it wants to retrace at the moment. #FederalReserve TVC:TNX
source: EUROSTAT The inflation rate in the Euro Area declined to 2.9% year-on-year in October 2023, reaching its lowest level since July 2021 and falling slightly below the market consensus of 3.1% . Meanwhile, The Core Rate, which filters out volatile food and energy prices, also cooled to 4.2% in October; marking its lowest point since July 2022. However,...
The euro is showing little movement on Wednesday. In the European session, EUR/USD is trading at 1.0777, up 0.05%. Inflation in the eurozone continues to decline. March CPI eased to 2.4% y/y, down from 2.6% in February and below of the market estimate of 2.6%. This matched November’s 28-month low and was driven by the continued slowdown in food inflation....
This was supposed to be tomorrow's post but since it looks as if the breakout could be underway as I'm typing I'm going to make it right now I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money Some very notable calls in recent years: SPREADEX:NIKKEI and ...
I haven't posted on TV since Dec 2022 as I've been posting elsewhere (check my profile) but I'll begin duplicating some of my calls here and continue if I gather a decent audience here I'm annoyingly accurate and can see things in the market that nobody else can so at this point if you aren't following me here you basically hate money Some very notable calls in...
The British pound is steady on Tuesday after starting the week with losses. In the European session, GBP/USD is trading at 1.2563, up 0.09%. On Monday, the pound fell 0.57% and dropped as low as 1.2539, its lowest level since February 14. Inflation in UK stores fell to 1.3% y/y in March, according the British Retail Consortium (BRC). This was below the 2.5% rise...
On the back of strong prices data which were not really consistent with the temporary relief in inflation but rather calling for a sustained trend. US30Y is likely to revisit new high, breaking our
I have been following this stock for some time, and it is getting better and better. their long standing goals, producing commercial, industrial-grade niobium, scandium products are coming to fruitition. This includes securing the finances to embark on the endeaver (unofficial). In the mining scene we have to be wary off the juristiction/country the mine is...
Technical Analysis and Outlook: According to the Daily Chart Analysis for the week of March 22, the Eurodollar has successfully completed a Squeeze Currency Dip of 1.078, which was the primary target. Consequently, this momentum is projected to generate further selling pressure, leading to a decline to the Mean Support level 1.070. Ultimately, the Eurodollar is...
Recent remarks made by Masato Kanda, Japan's vice-finance minister for international affairs, have led to heightened cautiousness regarding potential actions by authorities to support the yen through intervention. The USD/JPY has comfortably surpassed the 150.000 threshold, which historically has prompting interventions by the Bank of Japan to limit the weakness...