Let’s talk a bit about USD. December job report has been strong with the US economy adding the most jobs since February. However, an increase in average hourly earnings won’t be enough to keep the dollar strong this year. Yes, over the short-term, we will see a rally in USD, but over a long-term dollar will dive. We expect 2 rate hikes this year. In recent...
In this video update, we discuss the recent move on the DXY as we have seen the index break out of a key range between 97.50 and 96.20. With the decline in the Bond market, it begs the question, will the USD follow suit? Typically, when the 10 and 30 yr US bonds decline the USD follows over time and those markets have dropped significantly through December. If...
Ethereum ha experimentado una recuparción en su precio durante los últimos días. Hoy, aunque es un dia de caída de precios para el mercado de criptomonedas, se ve esta posible oportunidad de sacar una rentabilidad en grafico de velas de tres horas. ----------------- Declaración de riesgo y descargo de responsabilidad. El comercio o inversión en el mercado de...
We have been looking for USD weakness for a while now due to the current situation in the Bond Market. There was risk to the upside however if the FOMC were hawkish the USD could have spiked further. But despite them mentioning gradual rate hikes, they were focused on data and monitoring inflation which is under the current 2% targets. This has seen the USD fall...
GBPUSD has been a chart of interest for a while and downside looks likely when taking price action into consideration only. However, with the FOMC interest rate decision tonight this chart could look very different by the end of the day. If the FED disappoint and look to slow down the rate in which they continue to hike interest rates we could see GBP back above...
In this video, we discuss what we need to see from the USD going into the FOMC meeting tomorrow. We are expected to see a hike of 0.25% which typically does see investment into the currency. However, we feel the FOMC may disappoint with the statement on future rate hikes. If this happens we need to see the USD break below the trendline support and zone support of...
The Federal Open Market Committee (FOMC) is expected to unveil another rate hike this Wednesday, December 19th 2018. Probability of a rate hike is quite high, as a neutral or easing federal funds rate would indicate "a need for stimulus" in the U.S. economy (God forbid the FED indicates weakness in the economy while the stock market is sitting just above critical...
My hypothesis for DXY, hope you enjoy and don't hesitate to let me know what is your point of view on it!
Tune in to listen to my analysis! Hope you enjoy :)
In this video update, we look at how the USD has performed this week and what could happen leading into next week. USD is currently still sitting in the wedge pattern and looks likely to break higher despite the current situation in the Bond market. If we do see a clear close above the highs expect the market to continue higher.
hey traders , I open buy position on the retest support . Our target is : 1.14600 even higher . Stop loss : 1.13000 like and follow if you agree if you disagree comments are welcome Thank you about your support.
In this video update, we take a look at the DXY. We expect downside here however if we do see a shock in the numbers the $97.00 resistance that the market has struggled to get above of recent could be broken. The numbers are forecast to be slightly softer, as well as the US Bond market selling off, the USD could be in for a decline.
USDJPY and the US-Dollar basket are showing signs of weakening of their trends. I show why I think so, and I'm happy to hear of a different perspective based on the charts. Late last week I saw some unusual Yen strength which was masked by base currencies doing other things. I was surprised that Wall Street was heading north but Yen quoted pairs did not rock...
Expecting USD weakness to come to the markets today or tomorrow.
Gold Has seen some whipsaw action over the past few weeks. With futures trading lower and lower, the FOMC meeting on thursday, Can gold continue its downside move into 1200 per oz? XAUUSD GLD UGLD JDST GOLD
In this video, I explain some thoughts behind the euro weakness and shorting opurtunties into the new year EURUSD EUR FXE
In becoming a trader their is so many different methods to trading to learn and to try. Without someone to show us the right way we are usually destined for failure from the start. I have probably spent way to much time trying out how to find out what works the best and what doesn't work at all. You name a strategy and i have probably learned and tried it out. I...
The calm before the storm on bitcoin vs USD. Is bitcoin going to hit $11,700 in its next move or is it going fall to $3,000? I share my thoughts in the video above. Comment on what you think about this trade idea. If you like the trade idea leave a like. Remember to follow me!