Here I have USDJPY on the Weekly Chart! Price has been meeting all the criteria since its LOWEST LOW recorded @ 75.565 in Oct. 2011 to have then started what looks to be a Correction Wave (ABC). *This Low also seems to have been the completion of the 5th Wave of the Impulse Wave since UJ hit markets in Jan. 1971!! On the chart you will see that we have continued...
JPM on the daily chart has plain and obvious consistent momentum albeit with corrections. The markets are expected to thrive in this lection year and three rate cuts are projected in the net 8 months. The best time to buy JPM was both March 22 and October 23. I suggest the next best time is now before the forecasted rate cuts are factored into price ahead...
Undervalued Dollar? Democrats' Influence on Powell's Rate Cut Plans Federal Reserve Chair Jerome Powell is scheduled to present his semi-annual monetary policy testimony to the House and Senate starting this Wednesday. The market will be looking for Powell to provide a more specific timeline for interest rate cuts. Currently, the market is pricing in three...
USD opportunity? Market overestimating March rate cut? The market is only pricing in a 30% chance of a rate cut from the US Fed in March now. Is this probability too high still? Jerome Powell spoke after the latest FOMC decision yesterday and noted that it was unlikely that the Fed would be cutting rates in March. Why is the market still pricing in a 30%...
Hello everyone i want share my idea bout NAS100 price action at higher timeframe, here i will tell some reasons why stock market will stop moving up and change it will change trend. First we had at stock market pretty good bullish movement in 2023. If we look economy of America they are in trouble, last few months of 2023 we had pretty bearish movement at US20...
CBOT: Micro 10-Year Yield Futures ( CBOT_MINI:10Y1! ) Maritime transport is the backbone of international trade and the global economy. Over 80% of the global trade volume in goods is carried by sea, according to the UN. Therefore, whenever a major trade route is blocked, shipping time would be lengthened, which pushes up freight cost, and ultimately, the prices...
In 1930, when the Fed cut interest rates, the market crashed further. In today's tutorial, we will be comparing the 30s and today’s market to identify some of their similarities. Where exactly are interest rates’ direction pointing us? As we may have read, many analysts are forecasting that there will be a few rate cuts in 2024. Is this the best option? My work...
COMEX: Gold Options ( COMEX:GC1! ) Gold prices rallied to an all-time high on Friday. Spot gold climbed 1.6% to $2,069 per ounce, up 3.4% for the week. Gold price rose to $2,075 mid-session to beat the previous record of $2,072 reached in 2020. U.S. gold futures also broke new ground. The February 2024 contract of COMEX gold futures settled at a record high of...
Governing Council stands ready to adjust policy further and to deploy other market tools if required: BOC . 25 bps cut probabilities at the April meeting or sooner.
I may be jumping the gun here, but with the emergency rate cut. we are going to have to cut the rates some more next fomc meeting, and as the situation progress and with the way trump is whining about fed rate cuts. there a high chance of certainty that they will eventually cut the rate to 0%, especially as corona cases get serious and hits 1 million. it's...
The Saudi price war was a flashpoint for today's action but it's really all about coronavirus. The news on the weekend worsened with too many cases and outbreaks to count. The conditions for a panic were evident the moment markets opened plunged heavily lower. Japanese market participants invest abroad massively but when uncertainty hits, they bring their money...
Context & Navigating markets during COVID-19 Due to COVID-19 outbreak happening on top of an uptight bond market and weak economic fundamentals, the OANDA:SPX500USD — along with other major indexes — has tanked from its 3396 historical high in a straight line untill it found a yet to confirm or break H1 support on the 2855 area which happens to be the 50%...
RATE CUTS AND 'NIRP'! DOLLAR MILKSHAKE THEORY RELIED ON RATE HIKES AND QUANTITATIVE TIGHTENING! U$D IS NOT THE CLEANEST DIRTY SHIRT IN THE HAMPER!
Sterling could be in for additional volatility as the U.K. jobs figures are due and might set the tone for BOE policy expectations. If the actual figures beat expectations, however, it could spark a strong bounce for pound pairs as this would likely dampen BOE rate cut hopes. The pair is floating around 38.2% Fibonacci retracement level, which coincides with an...
NZDUSD - Long opportunity I managed to catch a small inverted H&S pattern and it got my attention that there is another one that is much larger forming. I'm still currently short due to the fact it is still short overall on the daily TF However.. With a strong possibility of Fed rate cuts coming i believe that this could be a great opportunity to go long....
Keeping it short but precise, few fundamental bullet points on factors that will affect gold until the end of 2019: 1. Once US/China deal gets finalized, Gold should have a bearish consolidation to 1410, eventually to 1360 by the start of 2020. 2. GOLD is currently in a horizontal range due to two factors: Global monetary policy dovishness continues for...
Sentiment/fundamental rationale tells me to look for short signals only this week. It is reported that the market is starting to price in RBA rate cuts on Oct 1st (81% as of now so plenty of moves to be had) Technically it is very obvious, at least in an intraday context, AUDUSD have been trading lower and now in an intraday bearish trend. Since I am bearish on...
range: $281.72-$294.15 Going long the lower end of the range and shorting the upper end of that range has been profitable for the past few trading weeks.