AUD/USD extends its four-day losing streak into Tuesday, looking to threaten the September low of 0.7006 while wallowing in three-week lows near 0.7032. AUD futures net positions dropped from 8.9k to 3.8k as 10k+ short positions were opened. Growth in China is slower than expected hence Australian exports to the Asian country could be affected. This coupled...
Hello good morning I hope you’re right. A few days ago I published this idea to you, to this day it is the same I have only modified trend and lines by market movement. In the comments, in the 2 comments that our brokers commented that it would follow the second trend, The fall BEARISH . We believe that in the short term you will see high volatility whit...
Fundamental Analysis Democrats and Republicans have various diverging opinions that affect sectors and industries across. The one aspect they do agree on, is they need more infrastructure spending . Technical analysis Breakout to all time highs. RSI @67 OBV supportive of uptrend.
The data has been all over the place with the volatility. Are we in Intermediate wave 5? I think so Are we in Minor wave 2? I thought so, but the wave cycles were not clean. Are we in Minor wave 1? This is my thought today. If we really are in Minor wave 1, I assess we are at the end of it. The shock drop the other day on President Trump's tweet would make...
Good afternoon, I hope you're all right. Today we present our analysis of THE S&P500. It is currently close to historical highs levels. But the situation in the short term will be of extreme volatility. In the medium term, in November IT'S GOING TO BE AMERICA'S ELECTION. POSSIBLE MEDIUM-TERM MOVEMENTS 1 BULLISH 2 BEARISH I recommend you see it on this same...
The idea briefly explained: Considering Biden's and the Democrats stance on foreign policy, probabilistically speaking the chances are, of fewer tariffs with US allies, as well as a more comprehensive and less volatile trade policy. Of course, this benefits Germany and the EU in general. Hence, expecting that the US elections event to turn out as the wedge...
The rate of SNP at which recovered since the bottom on March 23rd 2020 is regressing into a logarithmic recovery (see blue line), which is similar to the bottom of December 2018, although not as steep as 2020. In 2018 the recovery stopped when we reached the previous high around $2,940, then we saw a a fibonacci retracement to the second level ~$2,726 . If this...