fx_jamaal

fx_jamaal Updated 

The current state of the NASDAQ indicates an extreme overbought condition, with a rally influenced by speculation surrounding six potential rate cuts in 2024. However, the risk arises from the Federal Reserve's concern about inflation. If the Fed, in response to persistent inflation, opts to raise rates, it could lead to a market decline. Conversely, a decision to...

fx_jamaal

If inflation is currently at the stage of disinflation instead of deflation, we will see a extreme drop in stock market and a interest rates hike would be the next best thing for the Fed to take action to reduce inflation.

fx_jamaal Updated 

1. Higher Than Expected NFP Report: If the Non-Farm Payrolls (NFP) report is higher than expected, indicating strong job growth, it could lead to increased market optimism. Paradoxically, this positive news might also cause concern among investors. They might worry that a robust job market could prompt the Federal Reserve to raise interest rates to prevent the...

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The market is seeking confirmation of its two main expectations: a significant slowdown in growth and a cooling of price pressures. Key reports, including trade balance, retail inventories, personal consumption expenditures, construction spending, and auto sales, are anticipated to influence GDP forecasts. There is a consensus that the largest economy is slowing,...

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Never buy a meme coin rally . Thank me later. Crypto has entered a extreme overbought phase

fx_jamaal

If the Bank of Australia continues to hike interest rates while the Swiss National Bank delays in doing so to tackle inflation, we may witness an upside move in AUDCHF.

fx_jamaal

There is a good possibility is that GBP may strengthen against CHF in the short term, primarily due to Switzerland's comparatively low-interest rates and high inflation. The Swiss National Bank (SNB) is expected to discuss monetary tightening as a means of combating inflation, which could even result in a sudden rate hike. As such, it could potentially signal a...

fx_jamaal

While I believe that GAUD has a favorable long-term outlook, market indicators suggest that short-term bearish pressure may be imminent for GBPAUD. Recent CPI data in the UK has shown a decline, and despite the RBA's unexpected decision to hike rates to tackle inflation, it's likely that GBPAUD will experience a monthly low before any substantial upward momentum....

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Due to the high probability of hardcore monetary tightening by the Federal Reserve as a result of the dollar rally "celebrating" the debt ceiling agreement, this will cause investors to sell bitcoin (BTC) and invest in the dollar.

fx_jamaal

NZDUSD testing 4H Resistance... Great selling opportunity...

fx_jamaal Updated 

BTC is currently over sold due to bank failures. We are still in a bears market. Interest rates will hurt BTC.

fx_jamaal Updated 

Heading back to a 4H resistance level 135.23 55 pip risk - 328 pip gain Remember !! Account Balance x 1% = 1% of Account Balance (1% of Account Balance / 55 pips) x .10 = Lot Size

fx_jamaal

With rising interest rates coming next week we may see a retest at the previous daily support.

fx_jamaal

Gold is becoming a safe haven for investors as bank crisis pressures markets with interest rate hikes.

fx_jamaal

AUDJPY currently rejecting a strong daily support level.. We may see a push to downside retesting the daily support, which is a sniper entry. You can leverage in below $88.39. If you do the potential drawdown is 216 pips.. Remember ! Account Balance × 1% = 1% of Account Balance (1% of Account Balance / 55 pips) × .10 = Lot Size

fx_jamaal

USDJPY strongest resistance level is at 135.23. Buy entries need stops below at least 130.37.

fx_jamaal

EURUSD finishing a correction after a massive move to the down side. 4H resistance level is a great sell opportunity. The long-term trend for EURUSD is currently bearish.

fx_jamaal

Testing a weekly resistance level, is a great opportunity for a sell entry.