Devise2Day

Devise2Day

DXY - 48 hrs. The start of the DXY into 2024 was overshadowed by the last public FED meeting - after the FED publicly admitted for the first time that it was thinking about interest rate cuts. Since then, traders and/or investors in Chicago have been speculating on up to 7 interest rate cuts for the current year of 2024. There were 5-6 in today's daily trading,...

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DXY - 48 hrs. In the run-up to the us labor market data released on Friday, the leading us stock market index, the S&P 500, fell on the first three trading days of a year, for the first time since 2008! Omen? Hopefully not - but now, after the better than expected us labor market data, the stock market bulls are hoping that the coming us inflation rate will also...

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DXY - 48 hrs. While the DXY has been trading sideways in Chicago since yesterday's publication of the FOMC statement, stocks in New York tend to continue to fall. Even today - when the so-called Santa Claus rally on Wall Street was canceled for the first time in eight years. The US Federal Reserve did not publish any significant new statements about when and how...

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DXY - 48 hrs. The US Federal Reserve Bank is noticeably holding back on details about the interest rate turnaround. It is practically certain that interest rates will fall in 2024. The Fed's base scenario is currently three interest rate cuts of 0.25 percentage points each, as the dot plot already published with the interest rate decision showed. But the...

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DXY - 48 hrs. Not only the upcoming US elections, but also the primaries of the US Republicans for the presidential candidate in 2024, will, for better or worse, after the monetary policy of the FED, more or less, be the most decisive factors for further price action DXY! Or? If you follow me every day, then you know that I always basically assume an ambivalent...

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DXY - 48 hrs. Hardly any impulses from outside until the middle of next week! Or? The days before new year's eve and/or new year's day are usually associated with lower volatility: Sure - there are more important things than price action. Family, meeting acquaintances in person that you haven't seen for a long time, or simply switching off from your main job,...

Devise2Day

DXY - 48 hrs. Hardly any impulses from outside until the middle of next week! Or? The days before new year's eve and/or new year's day are usually associated with lower volatility: Sure - there are more important things than price action. Family, meeting acquaintances in person that you haven't seen for a long time, or simply switching off from your main job,...

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DXY - 48 hrs. The sell-off in the stock markets on Wall Street took place on yesterday's trading day (Wednesday), contrary to the rise in the DXY and/or the increase in the price of the us yield curve. Was this triggered by options (usually options that expire on the same day)? Or whether it was a daily dip on the way up (in the case of the stock market)? I...

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DXY - 48 hrs. Next year there are elections in the usa - and they already seem to be sending their shadows out! A reporter friend of mine even said yesterday to me in a private phone call that Fed Chairman Powell had may be brought interest rate cuts into play in order to avoid having to take a public position shortly before the us election in autumn 2024. In...

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DXY - 48 hrs. Today a personal friend who has known me for years, even decades, told me that if one doesn't know you personally and only reads your writings, one might get the impression that you are a critic of the Fed's current monetary policy. No, that's definitely not me! I am even of the opinion that the FED did the best possible thing it could do -...

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DXY - 48 hrs. After Fed Chairman Powell said that the topic of interest rate cuts had been discussed, there was no stopping the markets: DXY fell, us yield curve became cheaper, and/or the stock markets went up. Finally, the majority of observers, financial market traders and/or investors, seemed to hear what they wanted to hear. The result: financial conditions...

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DXY - 48hrs The public verbal argumentative exchange of blows over future interest rate cuts has been underway since Wednesday, while the last public US Federal Reserve meeting. On Friday, New York Fed President John Williams gave an imaginary cold shower to interested financial market participants who were already speculating on interest rate cuts as if on a...

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DXY - 48 Hrs. The Fed and especially Jerome Powell have ensured that the US stock markets are more overbought than they have been in years - and yesterday on the big expiry day with gigantic volume (options and futures expire). That was and is the majority opinion of most reporters and/or broker analysts. Which I fundamentally don't dispute. But at this point I...

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DXY - 48hrs Yesterday the ECB remained steadfast in its restrictive monetary policy and is not following the US Federal Reserve, which made it clear the day before yesterday that there would be no further interest rate withdrawals. But what both the foreign exchange market and the bond market, let alone the stock market, interpreted as the start of an impending...

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Short USDCHF - FX Trading Zone For This 46th Week I am using for this 46th week following 3 technical indicators SMA Cross 24 & 120 ohlc (to get an overview of the price action development of the last days and/or last weeks) Pivots HL/Trend 24 (to get an overview of the pivot high/lows on last trading days) Aroon Oscillator 120 (to get an overview of the...

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Short USDCAD - FX Trading Zone For This 46th Week I am using for this 46th week following 3 technical indicators SMA Cross 24 & 120 ohlc (to get an overview of the price action development of the last days and/or last weeks) Pivots HL/Trend 24 (to get an overview of the pivot high/lows on last trading days) Aroon Oscillator 120 (to get an overview of the...

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Long GBPUSD - FX Trading Zone For This 46th Week I am using for this 46th week following 3 technical indicators SMA Cross 24 & 120 ohlc (to get an overview of the price action development of the last days and/or last weeks) Pivots HL/Trend 24 (to get an overview of the pivot high/lows on last trading days) Aroon Oscillator 120 (to get an overview of the price...

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Short GBPJPY - FX Trading Zone For This 46th Week I am using for this 46th week following 3 technical indicators SMA Cross 24 & 120 ohlc (to get an overview of the price action development of the last days and/or last weeks) Pivots HL/Trend 24 (to get an overview of the pivot high/lows on last trading days) Aroon Oscillator 120 (to get an overview of the...