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Macroeconomic Analysis And Trading Ideas

Bitcoin (BTC/USD) Daily Chart Analysis For December 4, 2021Technical Analysis and Outlook: BANG! The bitcoin price has plummeted by around $15,000 over the 24 hours. As of 08:16 GMT today, it was trading at approximately $47,580, down 16.14%, having plummeted by 31.6% from this year's all-time high of $69,000, which it attained on November 10 this year. We are looking at this significant bitcoin market pullback as a "breather" following reaching this low-level price. Notwithstanding, it is possible to see an escalating rally pending Outer Coin Dip 42,500 confirmation (Trade Selecter System BARC) and Key Sup $40,700, which is the potential leading platform (or sooner) for the considerable rebound.
BITSTAMP:BTCUSD
by TradeSelecter
Markets news n°37And it is back! > Biden re-nominates Powell as Fed chair, praising the progress made in the USA *********************** Biden said "we’ve made remarkable progress", and the US admin mentionned the improvement in unemployement as well as economic recovery, shutting down voices of opposition within the US central banking community. No change in direction, we can expect the monetary base to continue to expand at the high pace started a few years ago (followed a couple of years pace higher than the previous one which itself was higher than the previous one). The Federal Reserve has a statement (+ economic numbers) later today (24/11). Maybe a catalyst for markets to move strongly, even more strongly. The WH decision might have ended a period of price uncertainty, finally things can get moving! www.whitehouse.gov > ECB Lagarde also announced nothing will change despite inflation far above target *********************** Guess what? The game of ping pong continues between the US and EU. No that's not ping pong. How do you call the first one that moves loses? Hold my beard first to laugh loses? Anyway, here we go again: Despite inflation more than double of target in Europe (at 4.1% last I heard) Lagarde said rates would probably not increase in 2022. The evil conspiracy of "forcing growth" is ongoing. I'm sure it's going to work out just great. If they create big moves and easy money in the market remember you need to make 4-5% just to breakeven. Passive "rentier" type boomers and unskilled bottom of the chain labor are the ones that lose. And yellow vest protests in France will never end, not until they get a "right-winger" elected, we're getting pretty close now. France might get its own Trump next year. But does anyone mind the transfer of wealth from passive rentier boomers and heirs to active investors? I don't (obviously). > Europe bankers approved new system for stablecoins and more, but said "no rush" *********************** The ECB’s Governing Council announced 2 days ago they approved a new oversight framework for electronic payments, the "payment instruments, schemes and arrangements", or ‘Pisa’, framework. In particular in includes cryptos and stablecoins. 2 weeks ago at the Singapore Fintech Festival several banksters said the adoption of crypto should not be rushed, there should be more caution, while crypto entrepreneur(s) (Nick Ogden from RTGS.global) said it should go faster. Well no big surprise, that's not even news. Entrepreneurs are horny, bankers hate risk. www.ecb.europa.eu > Happy anniversary! Exactly 50 years ago journalists promised they would never lie *********************** Here's something that brings a smile: The Munich Declaration of the Duties and Rights of Journalists was signed by six syndicates of journalists of the six countries of the European community in Munich the 24 November 1971. 50 years. A lot has changed... Here are a few juicy bits: 1) Respecting the truth no matter what consequences it may bring abut to him, and this is because the right of the public is to know the truth. HAHA! 2) Defending the freedom of information, of commentaries and of criticism. CANCEL HIM! 6) Correcting any published information which has proved to be inaccurate. 8) Abstaining from plagiarism, slander, defamation and unfounded accusations... 9) Never confusing the profession of journalist with that of advertiser or propagandist... 10) Refusing any pressure and accepting editorial directives only from the leading persons in charge in the editorial office. > Elon Musk dumps his ponzi bags like Charlie Lee did, and crashes TSLA share price *********************** Remember when Charlie Lee sold his LTC ponzi beans at the very top in 2017 and collapsed the price? With some laughable excuse "I want no conflict of interest". Well richest crook in the world Elon Musk pulled a Charlie Lee, if I understood correctly to keep it simple basically his insiders and investors said in their own words he was a manipulative narcisist and Tesla was better off without him. Similar "conflict of interest" magic trick the guy at the top of the Litecoin pyramid scheme did. Didn't Vitalik also say some similar nonsense? He just wanted to retire from coding at 20, just live off his bags. Lazy. Price could be early in a correction > From the WSJ: covid deaths in 2021 in the USA have surpassed the 2020 number *********************** Americans, champions of obesity, recently surpassed their previous record in the area of covid deaths. And there is another month to go. The record was surpassed by early November, and 2020 death did only start in March-April. So it's going to be I guess about as bad. Despite all the vaccination and boosters and lockdowns and masks and capitalistic vitamin health improvement pills suckers buy and absolutely-everything-possible-except-losing-weight. If I may give my personal experience I noticed my landlord, before 2020, was in charge of managing his clients, went out to walk every day. And after 2020 lockdowns his wife was managing everything and he was barely standing, with a stick. I think he is recovering he is walking faster than a turtle now. I thought he was about to die, these covid "saving lives" policies really hit him. That's the only old person I know (and I haven't gotten anywhere close to him, self distancing), otherwise I haven't gotten sick in 5 years and if the media didn't tell me I wouldn't even know this virus existed. Living among us there are millions of terrified, isolated old childless boomers that never go out I don't even know exist - other than from statistics. Just rotting in their houses, waiting to die, right under my nose. A bit crazy to think of. Bruh I just thought... maybe there are some thousands of houses with dead people in them right now. Did anyone check? Damn. The WSJ is suggesting the reason for this virus still being so relatively deadly is lower-than-expected immunization rates as well as fatigue with precautionary measures like masks. Interesting because a few days ago France PM caught covid and seems he gave it to other members of the government, after he was seen not wearing a mask and touching everywhere with his hands. He is getting roasted a lot. www.wsj.com
by MrRenev
2
NZD CHF Update: A successful rejection in the booksFor months, the pair has struggled to close above the 50 Month Moving Average. It may be getting a successful rejection of an area full of support including the 200 Day Moving Average and the 0.382 fibonacci level. Patience is key as the Swiss Franc has been strong recently with weakness showing up in the past 2 weeks - partly because speculators are betting that the Swiss Central Bank will step in to control the currency amid the strength. On the other hand, New Zealand abandoned the zero COVID-19 policy as the government has acknowledged that the people will have to learn to live with the virus. This will give the economy and the currency the support needed to recover.
Long
by GrizzlyBearBee
EUR/USD Daily Chart Analysis For November 16, 2021Technical Analysis and Outlook: The Euro is currently in completion mode with our Inner #2 Currency Dip 1.1407 and Inner #1 Currency Dip 1.1367. BARC (Trade Selecter System Proprietary Symbol) confirmation is required to initiate buying opportunity - intermediate downtrend halt. The aggressive (High-risk takers) may buy currently fluctuating prices around Inner #1 Currency Dip for short-term gains. Low-risk traders stand by.
by TradeSelecter
1
Smart Money is buying Real Bitcoin, selling USD and fake BitcoinPretty easy to see as a full time crypto trader wall street and smart money is trading in paper air Bitcoin bears with bulls here. $100K and $200K this year. Easy. It's not real estate or Bitcoin or other real assets going up, it's FIAT going down faster that we can tell because governement backed currencies are bankrupt and without a floor. Inflation will continue to rampant except in economies that peg on a fix and verifiable central reserve currency. Bitcoin from 2008, has proven itself.
COINBASE:BTCUSDLong
by UnknownUnicorn2413721
1
BITCOIN IN PERSPECTIVE How many times have you heard that bitcoin is very expensive? How many times have you heard that Bitcoin is a Ponzi scheme? PERSPECTIVE. That is what is needed to combat some of the myths that surround this cryptocurrency, which will probably take part in the digital economy. Regarding the first question, is $1T too much capitalization for a finite, decentralized and immutable asset, which could gradually update our entire economy? I do not think so. Could a Ponzi scheme hold 1% of all global currency for more than a decade? I do not think so. So is Bitcoin too expensive from a macroeconomic perspective? I do not think so. Before you buy Bitcoin. What are your reasons? A decision without a plan is guided by emotions. Profitability and emotions don't get along very well. Perspective. See you later.
COINBASE:BTCUSDEducation
by CryptoAlkaline
CENTRAL BANK SYMMETRICALPATTERNHello Welcome to this analysis about CENTRAL BANK , we are looking at daily timeframe perspectives. CENTRAL BANK in recent times heavily decreased with bearishness however it now moved into an oversold condition. CENTRAL BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation CENTRAL BANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how CENTRAL BANK has emerged with this key CENTRAL BANK SYMMETRICAL PATTERN marked in my chart with the black boundaries. CENTRAL BANK is near support region which is an important support and also psychological support-mark together with the lower-boundary of the CENTRAL BANK SYMMETRICAL PATTERN a pullback In this manner, thank you for watching my update-analysis about CENTRAL BANK and its major CENTRAL BANK SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
NSE:CENTRALBKLong
by shanechart
U-Turn In Rate Hike Decision (18 August 2021)The last-minute decision. During their monetary policy meeting earlier today, the Reserve Bank of New Zealand (RBNZ) carried out a last-minute change in decision, holding its overnight cash rate unchanged at 0.25%. New COVID case in six months thwarted RBNZ’s rate hike plan. Just yesterday, the first local COVID case was reported in New Zealand in six months. As a result, Prime Minister Jacinda Ardern announced a nationwide level-four lockdown with immediate effect. Prior to this new COVID case, the RBNZ was expected to announce a rate hike during today’s meeting as the country’s economic recovery has been robust and the economy is starting to overheat. In the released rate statement, the central bank mentioned that the “ Committee discussed the merits of an increase in the OCR at this meeting and considered the implications of alternative sequencing of OCR changes over time ”. However, with what went down yesterday, the central bank decided to put on hold their rate hike decision, highlighting in the rate statement that the “ decision was made in the context of the Government’s imposition of Level 4 COVID restrictions on activity across New Zealand ”. A delay rather than a setback. New Zealand’s “go hard, go early” approach to the containment of the pandemic has been highly effective as is evident from being one of the first few countries to declare COVID-19 free. With the country’s snap lockdown and effective approach, it is possible that the spread of the virus will be contained within a short period of time and is unlikely going to pose a setback to the country. Moreover, the RBNZ has carried forward their expectation of a rate hike from September 2022 to this coming December as indicated in the quarterly monetary policy statement, delivering a hawkish tone. To conclude, this sudden turn of events is unlikely going to hold the New Zealand economy down for long. As the next monetary policy meeting will be held on 6 October, this will give the central bank sufficient time to make a hawkish return, with the condition that the virus is once again contained swiftly.
by GH_Lee
GBPUSD - basic Interest Rates StudyThis is a simple study of how interest rates influence the market. I included 10 last values in my indicator. The base currency (GBP) is black. The second currency (USD) is red. Between June and December, FED (USD) increased the interest rates 3 times by 0.250 BoE (GBP) also increased the interest rates by the same number but only once. Obviously, this was a catalyst for a major bearish move. Not only that the rates difference had already been bearish at a time. The gap between the rates further increased! But look at the moment when BoE increased their rates. Even if insignificant for the long-term, it started a good counter-trend rally in the short-term. In 2019, FED decreased the rate a few times, hence the difference changed a little in favor of GBP. At look how long the pair grew. It even smashed the previous highs until it resumed its downward trend based on the rate difference. March 2020 was full of interest rate changes across all currencies. When BoE dropped the rate a little (in relative terms), FED decreased the dollar's interest rate rather drastically leading to a more than a year and a half long rally. Although it is losing its steam, it might yet continue for a while. I created two indicators that can be used to study these relations and create a long-term vision once the rates change again (might take a moment to update). You can find them both in the public library :)
Education
by OrcChieftain
1