U.S. default A topic that has been stirring people's minds in recent months is the U.S. debt ceiling. The general public is asking the question: "Will the national debt ceiling be raised or will the U.S. default?" The national debt is the result of the government's financial borrowing to cover the budget deficit. And, as you might have guessed, these...
I am using astrology to let you know that this is extremely serious. This video is NOT about technical analysis. This video is 100% about what is going on with the world news at the moment. The US default glooming news at the doors is real, and I am using astrology to prove it is indeed real and needs to be taken serious. You have to Buy bitcoin NOW, or at least...
we saw the us is in a bull big MOOVE. we expect a correction to the HH than a continuation to the top. any ideas guy!?
Fundamental Backdrop US Retail Sales comes out at 0.4% compared to previous print of -0.7%, highlighting the continued resilience of the US economy. This further supports the hawkish stance from Fed and is bearish for GOLD. Technical Confluences Liquidity building at 1970 where price can potentially tap into H4 support level at 1960 which can serve...
Fundamental Backdrop In light of the strong bullish sentiments surrounding the USD recently, price has made a bearish case for GOLD. Sentiments surrounding USD continues to be bullish with Fed maintaining its hawkish stance in the most recent FOMC meeting. Technical Confluences Daily support level at 1959.7 where price can potentially tap into before...
Fundamental Backdrop ECB hiked rates by 25bps most recently. Fed continues to see heightened inflation and maintains its uncompromising hawkish stance. Empire State Manufacturing Index release later on with market pricing in a negative print. Technical Confluences Daily support level at 1.0755 where price can potentially tap into. Price has...
What I am seeing overall for NASDAQ. On the way there, there are many ways to eat and make profit. So Manager, do what you do best and use your cutting edge to direct and scoop up as much as you can using your skill and experience. If you look carefully you'll see that I ZOOMED OUT to 4H
New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs. Sales of newly built, single-family homes in June fell 8.1% to a 590,000 seasonally adjusted annual rate from a sharply downwardly revised reading in May, according to...
As you can see we have a good set up in the market also the market looking for a new levels at the down side in 4H
Soybean is among the world’s most traded crop. It is used in various industries. Soybean drives global food prices. It can tilt trade balances of an entire nation. This paper describes the importance of Soybean. It lists key producers, consumer and maps the harvesting cycle across the calendar by top producing countries. Given rising Brazilian exports, higher...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for buy setups short-term as AMZN was sitting around a strong support. AMZN rejected the 80.0 support and traded higher. However, we are still overall bearish trading inside the falling channel in blue. 🏹 ...
Fundamental Backdrop 1. Stronger dollar and bullish sentiments in USD is being brought forward from last week. 2. However, given the interest rate differential between the 2 currencies, EURUSD is anticipated to continue bullish. Technical Confluences 1. Near-term support at 1.08848 2. Price is still forming HH and HL, on a bullish trend 3. We could see the...
Fundamental Backdrop 1. Market sentiments continue to favour the EUR against the USD given the potential interest rate differential between the 2 currencies. 2. ECB highly anticipated to hike rates by 50 bps in the upcoming ECB meeting. Technical Confluences 1. H4 support at 1.08764. 2. Price have rejected the 0.618 level on the Fibonacci retracement and has...
Hello traders! DXY stopped a multiyear uptrend at 114.8 and declined with a 5 waves impulse down from there. After a first bottom, price increased in a three wave until 115.9, 38.2% of the whole discent from the top, and started a smaller impulsive 5 wave to the downside that ended sligthly below previous low, de facto creating the possibility for a double bottom....
Fundamental Backdrop 1. Red news today like the Empire State Manufacturing Index could potentially result in a pullback for EURUSD before heading bullish again. 2. Market sentiments continue to favour the EUR against the USD given the potential interest rate differential between the 2 currencies. 3. Furthermore, USD economic data has been relatively soft and...
Fundamental Backdrop 1. CPI tomorrow will give greater clarity to the direction of the USD. 2. Last week's NFP result was positive and bullish for the USD, with unemployment rate falling to 3.5% yet again. 3. CPI m/m forecasted at 0.2% compared to previous 0.4%, market has been pricing in a further slow down in CPI. 4. CPI reading would provide insights to the...
Failure to break low plus break of the trendline suggest a small correction to the upside. Bullish HTF harmonic pattern also recently completed
Fundamental Backdrop 1. CHF CPI m/m increased by 0.2%, much lower than the forecast 0.4% and previous 0.7% m/m. 2. The softer print of CPI shows that inflation has been slowing down at a much faster rate which could signify a dovish landing on the SNB. 3. Market Open on Dollar has been very bullish, however, with NFP lurking this week, expect plenty of volatility...