CAD/JPY Will we go higher or is this already a peak? 🍁Unemployment remaining low at 5.2%. 🍁Inflation slowly slowing The latest reading on 19 October indicated 6.9% which, compared to the peak of 8.1% recorded in June, offers a breath of optimism. 🍁Interest rates definitely higher than in the EU. At 3.25%. With the next rate hike due on 10 October, the market...
💸 Having been watching Bitcoin for the past 2 weeks, I am beginning to change my attitude about this cryptocurrency. 💸 Hour by hour I am starting to lean more and more in favor of a downward scenario. 💸 As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the...
💶EUR/CAD Time to fall. Long-term in-depth analysis. 💶The Euro situation does not look very interesting. 💶The market consensus is that economic growth in the euro area will slow down. 💶The situation is saved by the low unemployment rate of 6.6%. I would add that this is the lowest unemployment rate ever recorded. 💶Unfortunately, the situation in the...
💱 In the current comprehensive analysis, I would like to draw your attention to the GBP/NZD pair which has caught my attention in recent days. 💱 In the posted post, we can observe eight charts showing the time range from 8 months to 22 minutes (it has been divided from 8 months into four i.e. each subsequent chart-timeframe is four times smaller. 💱 Looking...
💶 EUR/USD Feels Bearish 💵 💶 The current situation on the financial markets is such that everyone is aware that a recession is coming, but no one can say how big it will be and what its nature will be. 💶 Most Central Banks are ready to raise rates to prevent prevailing inflation. 💶 It is worth bearing in mind that a significant part of inflation is energy...
💶Eur/💷Gbp analysis Eur/Gbp analysis 🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency. 🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of...
FOMO, What is FOMO? Fear of missing out (FOMO) is the feeling of apprehension that one is either not in the know or missing out on information, events, experiences, or life decisions that could make one's life better. FOMO is also associated with a fear of regret, which may lead to concerns that one might miss an opportunity for social interaction, a novel...
🍁 USD/CAD continuation of the uptrend? 🍁 💵 Last week in the financial markets began with a relapse into positive sentiment but by the end we were back to square one. 💵 The FED, which is fighting the highest inflation in 40 years, has a tough task. 💵 Given the key event that took place in the US economy - non-farm payrolls. From which it follows that more...
💱 Is it time for the Euro? 💱 For some time now I have been watching the Eur/jpy pair which is, in my opinion, beginning its journey towards breaking out and landing finally at the 150 levels. 💱 Looking at the key indicators. We see bullish signals everywhere. Given today's upward candle and the formation of increasingly higher lows, it is hard not to hold a...
🪙 Gold ready to fall, quick analysis 🪙 In today's analysis, we will again look at gold this time on the 1H interval which, for me, has performed many confirmations of weakness. 🪙 Starting with indicators which all generate downward signals, ending with the fact that we are under key moving averages. 🪙 I encourage you to read the previous post on gold and...
⬇️ AUD/CAD prepare for a decline? ⬇️ Since the start of the sideways trend that took place on October 10, it has been rather dull on this pair, a few breakout attempts and nothing more. ⬇️ But today's week has a lot of important events in store for both of these pairs. ⬇️ Starting at 1:30 a.m. on Tuesday English time, we will have the Minutes meeting where...
📉 Will the S&P500 Fall into the 3210-3110 zone? Is the market discounting recessions. 📉 In today's post we will look at the S&P500 index, which, in my opinion, after the end of last week and the formation of the candlestick formation of the falling star, informs us of the possibility of a drop into the levels of 3210-3110, which are determined by 2...
In the current analysis, we look at the king of cryptocurrencies Bitcoin. On Chart 1D, we can see that it has been moving in accumulation since mid-June. On September 21, the double bottom was compacted. In the last few days, you can see that bitcoin is about to break. The most appropriate level will be 0.382 of the last downward impulse, it will be around...
In the current analysis, we look at eth/usdt. We see a cumulative trend since June 14, with the biggest rise to $ 2,000 per eth. Then we dropped to level 61.8 of the biggest implus. We've been accumulating on this level for several days and eth won't go any further. After applying the next two fibo levels, at the level of $2532, we created a cluster. 0.618 of...
📈USD/CAD📈 📈 A quick analysis based on support and resistance. Regarding the detailed analysis, I refer you to the previous post on this pair: 👇 👇 📈 If you like the analysis. Leave a like and follow <3 📈
The S&P 500 has been in a downward trend since the beginning of 2022 This week we broke the resistance from June. Which is a clear signal of bearish dominance in the equity market We cannot expect any sudden changes in the FED policy in the coming months Market consensus is that the peak of interest rate hikes will fall in March at 4.5%.
₿ Referring to my previous post on Bitcoin in which I wrote that there is a high probability of a breakout from the double bottom (post pinned at the bottom) ₿ We can see that Monday and Tuesday trading session gave a new light of hope for a bump for this cryptocurrency. ₿ The level of 37k was seen from the fact that I measured the last 2 largest corrections...
💸 In today's analysis we look at an interesting opportunity on the aud/cad pair. 💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar. 💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level....