In the news today is the Japanese Yen, as it approaches critical resistance at the 146 level. The market has steadily been making new highs on the daily level this year, having just exceeded the July high. As seen in the chart above the market has moved quickly through levels of resistance, now breaking a downtrend line from the major Oct 22' high. See below a...
Many would like to perceive the pause in interest rates by the US Federal Reserve as a bullish take for markets at large. However the forward direction by Powell signals towards the bigger picture; inflation cannot be stopped by the Fed.
March 2022, shortly after the invasion of the Donbas region by Russia the Fed began significant hikes in the Discount rate. See...
Weekly Long Position on AMEX:BOIL
A new major low was observed in this market on May 30th
The security of interest is $NYMEX:NG1!. Using a leveraged product AMEX:BOIL to gain exposure to a potential short-term movement, as a continuation of a long-term trend. See below the chart of $NYMEX:NG1!.
Commodities, equities, and other assets priced in US...
Long position on OANDA:USDJPY
Interest rates on US dollars are rising globally, at a very rapid rate. Capital has been flowing towards the United States for the last couple years, as a global flight to security occurs as fear rises in markets during times of turmoil.
Because the US Dollar is the reserve currency of the globe, debts backed by US...
