......The beginning of QE saw the Euro stabilize and once the stimulatory effects of lower oil prices worked its way through the Eurozone we saw growth start to come back and the Eurozone bounce back in exports due to a weaker currency. Inflation in the Eurozone picked up and the growth spurt continued through 2017.
QE and the stimulatory effects of low...
The price is forming an anti new cypher, with fibonacci drawn from 0 to 1
Where a less risky entry will be at 80.430 which is also 1.618 on fibonacci.
The price is also performing a 5 wave sequence where the Minute have enden and startet the correctional waves
with Minuette and a W,X,Y,X,Z correction inside an ascending broadening wedge.
A correction is in...
If the price breaks
1329.33 area. we could see
futter gains to 1340.64
If the price breaks the 1340 level area.
1353.90 level will be a good TP.
which also are the resistance line in the trend channel.
If the trend channel is broken we could see further gains to 1357.96
and above. (look at my monthly chart of gold 0.09% i postet 8 February.)
We have...
If the price holds below the 0.88221
We could se further downside. Where
the supportline in the trend channel
will be the bottom
While a break of the 0.88221 level
Could trigger a run for the 0.88695 area.
Before further downside.
If the price breaks 0.88714 level .
The resistance line in the trend channel
will be the top at 0.89702.
This level should be...
For those who trade more actively or have a lot of portfolio turnover, it’s easy to get immersed in the minutiae of the chart and lose sight of the important macroeconomic drivers of the market – i.e., growth, inflation, liquidity. All three – stable growth, low-to-moderate inflation, and ample liquidity all remain in place.
At the moment, the US is...
Full...
Non farm payrolls and the unemployment rate will be released today at 0830. A release higher than expected could fuel a minor correction. The chart displayed shows the negative correlation between the S&P and the total civilian unemployment rate. Because of the uncertainty of the release, RSI very high, and ATR falling; I would stay clear of the equities markets...
Risk on or Risk off?
Raoul Pal thinks its time to go long bonds....I like his Macro but let see how institutions are positioned before jumping on the new trend.
Hello Traders,
In this short weekly outlook it is not about any trading setup rather than an opinion if Trump’s infrastructure plan will influence the direction of Oil prices in 2017 and beyond?
First, if we look at the US Oil price we can basically see three phases so far. We will start back in 2014 as oil prices started to plump massively in Q3 of 2014 from...
Looking back @ Macro Levels:-
Assies remained on a rollercoaster ride against its kiwi counterpart since 2011. Following later pair remained sideways since 2014 (consolidation phase), although in a fair enough trading range of a 1000 pips between 1.1300 - 1.0275.
Fast Forward :-
Recently, since Nov 2016 (as trump-nomics starts) pair was in triangle/wedge...
The Bond Market. It is often overlooked by traders despite its instrumental role in the Global economy and determination of large macroeconomic trends. Major technical damage has been done across the board in the bond markets recently and this can be directly attributed to the new President of the United States. Donald Trump plans to explode an already enormous...
GBP moving higher?
Data:
1. Leading post brexit data has recovered significantly from 5-10yr lows to firm growth or significant recovery (PMI, Optimism, Confidence) and imo this will be continuing theme given negs arent going to start for another 6-9m, there isnt any impetus to drive us lower again.
2. Also the macro indicators are trading well, e.g....
Unfortunately i don't have yearly charts but the commodities index is at 1999 levels and falling. It's a global slowdown! Clear indication of an economy collapse.
The chart above shows assorted real estate stocks, they aren't cherry picked and were random (except RAIT Financial), but you can see the trend.
Get the hell out of real estate. Seriously if you have any real estate or RAIT stocks it is a great time to sell. This housing market has gone nuts from the years of 0%. Rental vacancy rates are at a 30 year low and...
This RSI-MA Model Predicts Unemployment Rate With Scary Accuracy!
Although high unemployment usually occurs during economic recessions, it doesn't always mean that equity valuations would drop, nor does rising unemployment always mean recession.
On the monthly chart of the official national unemployment rate:
Unemployment Momentum Rising = MA6(RSI3) cross>50...
