TBT is an inverse 20 year Treasury Bill ETF. At present, the Iran Israeli conflict threatens a regional conflict to include the Red Sea and the Easter Mediterranean where oil tankers must navigate to move oil from producer to consumer. Oil price escalation could go hand and hand with geopolitical escalations. Oil and its derivatives are a primary driver of...
❤️MY FOREX TEAM❤️ INFORMATION Gold price continues to rise amid growing geopolitical tensions. Gold prices hit record highs above $2,350 even as rate cut bets ease. A rally in gold persisted even as technical indicators showed the yellow metal was squarely in overbought territory. 💲BUY / SELL SIGNAL UPDATES SHORTLY💲 Follow channel for regular updates Everyone...
EU and US spreads are exploding higher as markets start pricing in the spreads between what is required and what is committed (Fed only so far). For Historical reference, price has always followed interest rate spreads
Looking ahead to the upcoming week, our strategic focus centers on EURCHF, as we actively evaluate a potential buying opportunity within the 0.94600 zone. The technical analysis reveals that EURCHF has been consistently advancing in an uptrend, showcasing a noteworthy upward trajectory. Currently, the currency pair is in the midst of a correction phase, steadily...
It seems that the market thinks the Fed is going to reduce the interest rate in 2024, but fed never say that we are going to do that. Furthermore, the DXY is near support area with a +RD. I believe there will be a correction in Nasdaq.
The U.S. Yield Curve (US10Y-US02Y) flattening is a textbook sign of recession. However the S&P500 (blue trend-line) keeps recovering and rising from the 2022 Inflation Crisis. At the same time, the Inflation Rate (black trend-line) may have taken a pause but is on a strong decline, while the Interest Rate (orange trend-line) is turning sideways. The question on...
Fundamental Backdrop Overnight Rate on Wednesday is expected to maintain at 4.50% Technical Confluences Resistance level at 1.36374 Support level at 1.33166 Idea If the Overnight Rate maintains at 4.50% as expected, we could see the price drop towards the support level at 1.33166. However, if the Overnight Rate increases, we could see the price...
Today you can review the technical analysis idea on a 1W linear scale chart for 10 Year Treasury Yield (TNX). In December 2021, I posted a chart showing that the 10Y rate was going to go much higher. I was exactly on point almost to the exact number. Today I was reviewing the 10Y rate chart and saw the RSI formed a double bottom base with the 10Y rate ready to...
Depend on how naughty Powell feels tomorrow :P Who does fundamental any ways :P
The USDCAD retraces from the recent high to trade at the 1.3660 support level. This move lower is driven by the weakness of the DXY and also respects the downward trendline. Tomorrow, the Bank of Canada is due to release its decision with regards to the interest rates. Markets are expecting an increase of 75bps to take the interest rate to a high of 4.00% The...
Quick Analysis on 10 Year Treasury Yield on a 1M Linear Chart. 1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s. 2) It is currently headed to the top trendline of the channel with a possibility to break in the coming months. 3) The measured move of the falling channel would bring it back to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 70 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
Hello traders as I see the MACD divergence in last wave is failed and I expect more downtrend for gold too but this is just an idea based on Elliott wave methods so It depends on the inflation's situation in USA and what would be happen for interest rate it is also possible that the main downtrend for GOLD is ended now !
DXY H4 And finally... we have broken our resistance price and set fresh yearly highs, we have lots of data coming up later on this afternoon with regards to the USD. AE, UE and of course NFP figures. Corrections being seen on the lower timeframe here (H4), looking to support at around 108.900.
GBPJPY H4 This is what the third entry point would look like, very similar theme to to previous entry point #2. Principle is exactly the same, selling pressure outweighing buying pressure, support breaks with subsequent retests. Indicated expectations, lets see what unfolds.
GBPUSD D1 This is the FX pair we are following closest with regards to USD performance, as previously mentioned, we are still 'technically' in a down trend following the data points we have recently seen, lower lows and lower highs are still in-tact.
Hello guys! Let's talk about the US interest rate news that will be published tonight. I am not a good fundamentalist but I am a good chartist instead. That's why I put the US interest rate chart in the picture above. The above photo is the most data that has been published about interest rates so far. I see that around 1980 the interest rate went up to 20%....
Fundamental: Overall I have a bullish bias for the DXY (USD), given the current recession, it being the federal reserve and the feds current hawkish. Inaddition this week news on the US interest rate will be released, forecasted to increase by 0.75 making the total interest rate at a massive 2.5%. Increasing the interest rate is often used a strategy to reduce...