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Fundamentalanalsysis

$PWR Potential Bullish & Bearish CaseNYSE:PWR $PWR Analysis Breakdown: 11JAN2023 Relevant News : Quanta just scored a new contract for huge construction and optic fiber placement in Colorado. Financials : Looking at statement of Cash Flows we see Quanta is using reinvested operating income into company asset's last year to pay current debt and lower debt-equity ratio, still exited with 30+ million in cash flow change. With new contract and reinvested capital providing cushion for incoming recession/bear market, this will probably be the last bull rally for awhile (probably until June or July once Fed pivots hopefully start) until project in Colorado starts and they can start seeing positive amounts in accounts receivable. Daily Chart - Earlier this week $PWR fell below strong support 141.68 PL (price level), on 05JAN2023 $PWR bounces back from 134.41 PL establishing that PL as new support w/ good volume to confirm level. RSI shows momentum died 14DEC2022 where momentum bottomed out at -1.64 w/ MACD sell off dying out and buyers looking to enter market. 4hr Chart - confirms bounce from 134.41 PL , MACD shows steady buyer entry fighting off remaining sellers. 2hr Chart - RSI showing new bullish momentum verified by bullish cross and chart shows buyer/seller fighting started in 06JAN2023 now buyers are pushing forward. Summary and Consensus : If tomorrow (12JAN2023) $PWR can confirm a break past 141.68 PL & MACD buyers enter while RSI momentum makes a bullish cross with confirmation on 2hr/4hr chart then $PWR will enter 145 PL zone and hopefully create consolidation to verify new support. With a 1.13 beta rating on Darqube $PWR will flow it's own trend closely and accurately. Current Change = +0.65%
NYSE:PWR
by LeosForexFund
Growth potential for CSGrowth potential for Credit Suisse, that is currently trading at the lowest ever reached. CS quite likely hit bottom and is slowly crawling out of the hole. Mismanagement hit the company in the recent years and the recent (few days ago) reshuffle at the top of its Investment Banking division is yet another step for the company to seek a way out of the current situation. Two important levels are to be monitored in my opinion. 3.40 and 3.80 are two levels to keep in mind as strong resistances to break in order to see a real bull run. *** This Content is for educational and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. ***
NYSE:CSLong
by SteveEnnom
ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on a one-day interval. However, here we can use white lines to mark a long-lasting sideways trend channel, while locally it is worth marking a local uptrend line. Now with the help of Fib Retracement we will check where the price has support, and here we see that we first have a support zone from $ 1213 to $ 1180, but when the price falls below this zone, we have another support at $ 1134 and then 1074 $ at the bottom of the channel and at the previous low. Looking the other way, in a similar way, we can check where the ETH price will meet resistance. And as you can see, we have the first resistance at $1227, which the price is currently fighting, the next resistance is at $1,251, then we have a strong resistance zone from $1,276 to $1,309, and when the price breaks it, it will go towards the resistance at $1,352, to the top of the channel. It is worth noting that the volume is very small, but there is a growing advantage of buyers. The CHOP index indicates that we have a lot of energy, so we can expect more traffic to come. The MACD indicator indicates that we have entered an uptrend, while the RSI is moving around the middle of the range, which makes it difficult to determine a specific price direction.
by cryptodailyuk
1
AUD/USD: FUNDAMENTAL ANALYSIS AND NEXT TARGET - LONGThe Australian AiG Services Index for November came in at 45.6. Forex traders can compare this to the Australian AiG Services Index for October, reported at 47.7. Australian Building Approvals for October plunged by 6.0% monthly, and Private House Approvals decreased by 2.2% monthly. Economists predicted a drop of 6.0%and 2.2%. Forex traders can compare this to Australian Building Approvals for September, which collapsed by 8.1% monthly, and Private House Approvals by 7.8% monthly. The Australian GDP for the third quarter expanded by 0.6% quarterly and 5.9% annualized. Economists predicted an increase of 0.7% and 6.2% annualized. Forex traders can compare this to the Australian GDP for the second quarter, which rose 0.9% quarterly and 3.2% annualized. Capital Expenditure for the third quarter decreased by 0.2% quarterly, the Chain Price Index rose 0.2% quarterly, and Final Consumption expanded by 0.8% quarterly. Forex traders can compare this to Capital Expenditure for the second quarter, which increased 0.5% quarterly, the Chain Price Index, which surged 4.3% quarterly, and Final Consumption, which expanded by 1.2% quarterly. The Chinese Trade Balance for November came in at $69.84B. Economists predicted a figure of $79.05B. Forex traders can compare this to the Chinese Trade Balance for October, reported at $85.15B. Exports for November plunged by 8.7% annualized and Imports by 10.6% annualized. Economists predicted a drop of 3.6% and 5.0%. Forex traders can compare this to Exports for October, which decreased by 0.3% annualized, and Imports by 0.7% annualized. Preliminary US Non-Farm Productivity for the third quarter is predicted to increase by 0.6% quarterly and Unit Labor Costs by 3.1% quarterly. Forex traders can compare this to US Non-Farm Productivity for the second quarter, which rose 0.3% quarterly, and Unit Labor Costs, which increased 3.5% quarterly. US Crude Oil Inventories for the week ending December 2nd are predicted at -3.305M. Traders can compare this to US Crude Oil Inventories for the week ending November 25th, reported at -12.580M. US Gasoline Inventories for the week ending December 2nd are predicted at 2.707M, and US Distillate Stocks at 2.208M. Traders can compare this to US Gasoline Inventories for the week ending November 25th, reported at 2.769M, and US Distillate Stocks at 3.547M. The forecast for the AUD/USD remains bullish after this currency pair paused its 500+ pips rally.
Long
by FOREXN1
24
APTOS: Long or Short? Hello everyone, we are a new derivative exchange Sunflower Corporation. Our aim is to bring value to traders and make trading process more conscious. We would like to explain and demonstrate the project in terms of the product, its competitive advantages, the team, tokenomics, and prospects. You’ll gain a better understanding of the essence and content of what you are trading, and you’ll look at the token from a different angle, from the fundamental approach and metrics, which will allow you to enter the project more consciously and profitably. So the first project we would to tell you about is APTOS - APT token What is the project? Layer 1 blockchain running on the Proof-of-Stake consensus system. It is based on the Move language. Blockchain Aptos is powered by its own blockchain. Diem was the project's original name, and was developed entirely within Meta (ex. Facebook ). Diem was created in 2019 by the team in charge of developing blockchain technology within what was then Facebook . Diem-Aptos was tested in closed mode from 2019 to spring 2022. The open test phase began in the spring 2022, and in October 2022, the APT token was released, and the blockchain began operation on the main network. PRODUCT PART Key mechanics: Its own language (Move) for development Batch processing of transactions Parallel execution of transactions Sharding Smart contract types definition on the blockchain level Availability of mem-pool transactions Strengths: Fast operation due to mem-pool transactions High TPS through parallel execution and batch processing Ease of Dapps development through specific types of smart contracts and proprietary programming language BUSINESS PART How does the product make money? Currently, the only way for the product to profit is through the sale or further investment of native APT token into Aptos ecosystem and other prospective projects. Aptos Foundation tokens total 165 million, valued at ~ 750 million USD according to current estimates. Among them, 5 million tokens were initially available, equivalent to approximately $23 million USD by current estimates. The remaining 160 million tokens have a 120-month linear unlock: ~ 1.3 million APT tokens per month and ~ 6.3 million USD at the current token valuation In other words, at a monthly APT token price of ~ 4-5 USD, the APT team will receive ~ 5-6 million USD for investment and venture activities. How can a product make money in the long run? If Aptos' technical solutions can be implemented, Aptos will be able to sell its infrastructure to financial and technical firms for use in implementing their products or developing joint products. Aptos' declared TPS is ~ 130k transactions, with a target of ~ 160k transactions; in comparison, Ethereum's average TPS is ~ 10 transactions per second, Arbitrum's is ~ 2 transactions per second, and Solana's is ~ 4k transactions per second. Team The founders and main developers are former Meta employees who worked on the predecessor of Aptos, Diem/ Funds and investors Aptos had 3 rounds of investments, total amount of fees ~400m USD Here are the main investors: Binance ParaFi Capital OAK Circle Ventures Apollo Bixin Ventures Franklin Templeton Investments Jump Crypto Tess Ventures Superskrypt Tokenomics 1. Total amount of tokens: 1b APT 2. Current circulation: 130m APT (125m APT for the community and 5m APT for Foundation) 3. Current market capitalization: 610m USD 4. Total market capitalization: 4.6b USD 5. Token unlocks: a) 160m APT tokensf or Foundation - monthly for 10 years, ~1. 3m APT monthly b) 385 217 358 APT tokens for the community - monthly for 10 years, ~3.2m APT monthly c) 324 782 640 APT tokens for key participants and investors - blocking the first 12 months, once every 2 months from 13 to 18 months ~6.7m APT, monthly from 19 to 48 months ~6.7m APT At the moment, users are not charged for transactions, so validators and stackers are incentivized with APT tokens for the community. This means that by the time the project's initial investors and key players unlock tokens, validators and stackers will have a higher aggregate volume than investors. The situation will level out over time. It is worth noting that, as retail investors and traders follow the trend, APT tokens of validators and stackers will be sold rather than accumulated during a bear market. CONCLUSION What to expect in the future? Aptos is a long-term project. If no technical risks occur, the project will be among the top 10/20 CMCs in terms of capitalization in the long run. Given the amount of money raised by the Aptos team and the monthly unlocks, the project should easily survive the current crypto-winter and grow to be one of the best projects in the industry. We should understand that the first year of Aptos is a year of ecosystem formation, development, and expansion. The same thing happened to Solana and Near. Our output: long or short In the short term, given the advantage of retail investors and the availability of futures markets on all of the top exchanges: On a falling market - short, because the project lacks the critical mass to deviate from the market trend. On an ascending and positive market - long, capitalization is small, circulation is a little over 10%, Aptos can show very good growth. In the long term, it is long. The project includes a buffer for quiet work in the next 2-3 years. For example, Near and Solana's resources have been significantly reduced, and the protocols' weaknesses can now be seen. In any case, your trading strategy, investment and trading planning horizon are significant to make decisions and these decisions are up to you! Thanks for reading this idea and the next one will be about Solana so follow us and get more knowledge about crypto projects.
by Samura0x
📈 Warren Buffett famous quotes 📈Warren Buffett famous quotes: “Time is the friend of the wonderful company, the enemy of the mediocre.” “Do not take yearly results too seriously. Instead, focus on four or five-year averages.” “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” “It is not necessary to do extraordinary things to get extraordinary results.” “One can best prepare themselves for the economic future by investing in your own education. If you study hard and learn at a young age, you will be in the best circumstances to secure your future.” “You know… you keep doing the same things and you keep getting the same result over and over again.” “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.” “Someone’s sitting in the shade today because someone planted a tree a long time ago.” “Chains of habit are too light to be felt until they are too heavy to be broken.” 🚀 Follow profile for more! 🚀
SP:SPX
by InvestMate
3
Two Potential Setups on XAUUSDThe fundamentals over the past week have been coming out as strong catalysts for bullish momentum on the DXY to continue. Therefore, I am currently still looking for SHORTING opportunities on XAUUSD. So if or when price returns to 1940 / 1945, I will be paying attention to price action as it develops and if it starts to look like buying pressure is fizzling out, I will be executing my short positions from these areas. I am keeping my risk very minimal on both of these orders at only 10 pips, reward is going for 218 pips on the first potential setup for a 1:21.83 RR and the second setup is going for 268 pips for a potential 1:26.8 setup. I am expecting the 1st setup to potentially fail because it is so close to a fair value gap that was left by the imbalanced selling pressure left after the FOMC meeting yesterday but there is a small risk on the setup so I will take that risk. The best thing that I have done for my trading is stop trying to trade every single day and wait for the setup Tuesday-Thursday only. I keep my risk to reward at a 1:10+ so if I lose, I lose small and when I win, I win big. At this risk to reward, I can hit 9 stops in a row, then hit one target profit, and still be profitable. The hard part is moving through those losses and not letting it shake my trading fortitude. I've learned that win ratio is not the most important key performance indicator when you are trading. 99% win ratio sounds better than a 13% win ratio to inexperienced traders but if that 13% win ration has a much higher risk to reward than that 99% win ratio, then the trader who has a 13% win ration will be the more profitable trader. With that being said, if you decide to take this trade, please do not risk any more than 1% on either one of these setups. A tight stop loss is great and can be enticing to risk more, however, the tighter the stop loss, the more often you will hit that stop loss. Please trade intelligently.
XShort
by jefferytheartist
Fundamental analysis in cryptoThrough fundamental analysis , we can try to detect the authentic and objective value of cryptocurrencies in spite of their market price. Through these techniques, we can assess whether a cryptocurrency is undervalued or overvalued, and we can detect a trading opportunity. With fundamental analysis , traders evaluate and study what can affect the price of a security, such as external factors or events. This type of analysis takes advantage of tools like periodic financial statements, financial ratios, economic forecasts and other types of additional information that can affect the value of a security. There are different approaches to fundamental analysis that analyse micro and macroeconomic variables in different ways: 1. Top-down approach: through this approach, the trader analyses macroeconomic variables first and then microeconomic variables. Global information is taken in first, followed by more detailed and specific values and variables addressed. With this approach, the trader looks at the world economic situation, and then looks more at the most economically attractive countries, along with the sectors with the most potential, and within them, chooses which ones are most convenient to invest in. 2. Bottom-Up approach: this approach is the opposite of the previous one: first the trader chooses companies with growth potential, analyses the sector they operate in and then the economic situation of their countries; the overall global economic situation is the last thing to be analysed. THE ADVANTAGES: This approach allows the investor to collect and analyse information external to the markets but that might still influence prices. This way, the investor has a clearer vision of the reality of the market. THE DISADVANTAGES: The trader using fundamental analysis needs more thorough knowledge and experience of accounting, business and, in the specific, the sector of interest. Moreover, investment terms with a fundamental analysis are longer because it requires more studying and background with respect to other analytical tools, like technical one. It can also be outweighed by chance factors, such as physical disasters affecting commodity prices and companies in general. In general, markets can also be surprised by unexpected changes in economic and political scenarios. In the specific case of crypto markets, fundamental analysis can be used to analyse the exterior components that can affect cryptocurrencies. Fundamental analysis can be carried out by looking at its use cases or community, but also at the team behind every specific crypto project, something that tells a lot about its overvaluation or undervaluation. Indeed, in the case of crypto markets, there are no financial statements, and therefore they cannot be evaluated as normal financial assets. Most cryptocurrencies are still in the developing stage and they do not have a lot of real-world applications; they rely mostly on miners, users and, of course, developers. It can be of great importance given that crypto markets are relatively more volatile and less stable than others, and due to their irregular situation investors react quickly to exogenous factors. These factors can vary and go from regulatory pressures to simple tweets - take Elon Musk as an example. Fundamental analysis can indeed help comprehend the fair value of crypto assets - data about this can be found on different websites, such as Reddit or Telegram. The use of technology is of utter importance. The investor can assess the usability of the adoption of the cryptocurrency he's interested in, but this tool can also be used to study how governments value cryptocurrencies and whether they want to implement new regulatory policies about it. We can also identify the progress that it's being made in terms of technology, such as how the activity of cryptocurrency is developing, along with its software or media coverage - all these factors contribute to increasing the crypto asset's value. From a psychological point of view, it can also help the investor trade with more confidence, knowing that a thorough analysis has been carried out. When the analysis is done daily, it can help you develop a finer investment strategy. In terms of financial metrics, what can be used is: Market capitalisation: the investor can look at the total market worth of cryptocurrency, which indicates whether there is space for growth. To get that, you multiply the current price per coin by its supply. Liquidity, or how easy it is to buy or sell the asset. A liquid market is a competitive market and is usually favoured by investors, also because it entails a lower bid-ask spread. Volume: it spurs liquidity because it is telling of how much money has been exchanged for a certain asset. Fundamental analysis usually prioritises the assessment of transaction values. If the transaction value is consistently high, it means that the cryptocurrency is in steady circulation. Fees: they reflect the demand on the blockchain. Every cryptocurrency can have its own transaction fee. The assessment of the fees paid over various periods gives the trader an idea of how secure the crypto asset is. Supply mechanisms: general microeconomics state that when supply is low and demand is high, price rises. A general belief for cryptocurrencies is that when supply runs out, the price will rise (this is, for example, a general prediction of Bitcoin holders). On the other hand, investors can also use project metrics for their fundamental analysis: Whitepaper: it is a technical document outlining the purpose and operation of the project. It should comprise the blockchain technology solutions, the use cases for the currency, the planned features and upgrades, sale and team information, and tokenomics (the factors that impact the tokens' use and value). The team: crypto teams are easily accessible to assess nowadays so that the investor can learn more about them and their credibility. The competitors: the investor can conduct an analysis of the crypto assets; competitors. If there are other cryptos which are more widely adopted or valuable, maybe it is best to back off from the item of interest. Last but not least, important instruments when evaluating cryptos through fundamental analysis are Blockchain metrics or On-chain metrics. The rising popularity of blockchain has made sure that lots of different types of information could become extremely popular, such as the number of active users, total transactions and transaction value. There are three fundamental metrics in this case: 1. Hash Rate : this is a measure of the mining machine's ability to conduct hashing computations in an efficient way. The hash rate also determines the profitability of the miner, as it indicates the likelihood that a block will be mined, and, indirectly, the chance of receiving the block reward. An investor should look at cryptos with a more extensive network because they are more resistant to attacks or data manipulation. 2. Status and Active Addresses: active addresses measure the number of dynamic blockchain addresses over a period of time. They are helpful in comparing the growth or decline of the activity or interest in the coin or token. The investor can also get to the active address through the computation of the total number of unique addresses over time (and a comparison of the results). 3. Transaction values : they can be determined for the assessment of the regular circulation of the crypto asset. It indicates how much money was exchanged on a given period, and therefore, the number of transactions.
BITMEX:XBTEducation
by vf_investment
InvestMate 🪙 Gold under pressure from strong doalar 🪙 🪙 Gold under pressure from strong doalar. In today's analysis we will look at the chart of gold, which in the current week has shown that there is no strength for any increases. 🪙 After the rebound that took place 2 weeks ago, we could have hoped for an enlargement and extension of the upward correction. 🪙 But decisions to raise US interest rates again by 75 basis points to the highest levels in 14 years. And on yesterday's still-persistent inflation data. Doesn't leave the Fed with many options in the fight against inflation. 🪙 Dollar strengthening is in play. 🪙 As a result, commodities such as gold where a strong dollar does not support the continuation of gold prices at high levels are getting hit. 🪙 Looking at the technical aspects of the chart. We are talking here about the weekly chart. 🪙 We can see that all major indicators such as MACD, RSI, STOCH, are strongly bearish and the breakout of the 50 and 200 candle moving average does not help the situation. 🪙 It is also worth noting that the one to one correction did not hold the gold level and we continue another downward impulse. 🪙 The question I pose. It is whether we will see the 1550 level on gold which is the fibo range of 1,272 of the last upward impulse 🚀 If you like my analysis leave a like and follow my profile 🚀
GShort
by InvestMate
META Important Milestone!As you know, I am a long term investor. Thus, I usually buy stocks for the long term, and never short any equities due to shorting's unlimited risk. With a P/E ratio of 10, it would be reasonable to think that META is a good bargain considering its status as a social media giant. However: 1. META's Userbase is declining, something never seen before in the history of the company. 2. Competition like Google's Youtube and ByteDance's Tiktok is catching up and overtaking META 3. New Apple (AAPL) IOS changes, which made META's data collection process much harder, has and will adversely affect its ad revenue (which is 98+% of its total revenue) ---------- Specifically, the IOS change requires META to get the user's permission to collect data for Ads. Until now, data shows that only 33% of users allow META to collect their data for more personalized ads. I think you can see how this affects Ad revenue. Thus, the "metaverse" is the only thing that may/may not save META from its inevitable doom. However, that means that: 1. The metaverse needs to develop in the years ahead, and not just stay at a gaming level 2. META must have enough cash to fund research into the metaverse 3. It must dominate the metaverse industry Although I personally think that META is a lost cause, I choose not to label this as "#METAshort" because I think all investor have their own opinions. Here are some good points about META: 1. 10 P/E ratio (lower than S&P 500 average 2. META's adaptability 3. Technicals? (Not seen yet) I choose to write this now because META's Q3 results are tomorrow and are key to how META's stock and the metaverse will develop in the future. Anyway, thats all for my idea. Please leave a comment and boost this idea so it can go out to other investors! 😊 P.S. Someone give me coins :)
NASDAQ:META
by AlphaTigerInvestments
InvestMate|EUR/CAD Time to fall. Long-term in-depth analysis.💶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 labour market is not helped by rising inflation, the next year-on-year reading of which is due on 31 October, and which could return to 10% or even beat it. 💶The euro is still a cheap currency. This is compounded by relatively low interest rates compared with the USA, Canada, Australia and the UK, where they are sometimes many times higher. 💶The interest rate in the EU is only 1.25%. On 27 October we will find out what the next decision will be, with the market expecting a sharp increase of 75 basis points to 2%. 💶The war in Ukraine and the tense global situation have thrown in their two cents, resulting in the EU having its lowest trade balance in history at €-50.9B this month. Europe is definitely importing more than it is exporting, which is not healthy for the economy. 💶The PMI for industry has also only been falling and falling since January. It has fallen from 58 points to 48.10 currently. tradingeconomics.com 💶Finally, I would also like to draw attention to consumer sentiment, which stands at -27.6. These are once again the lowest levels in the history of the European Union. We will find out how they are for October on 28 October. 💶As we can see, the situation in the European Union does not look colourful, much of this data has already been discounted, but I believe that the market has not discounted the economic impact that such a persistent situation could have on the future of the European Union. Moving across the ocean to Canada. 🍁There, too, economic growth is forecast to be slightly lower than previous readings but we do not see as much divergence as with the euro. tradingeconomics.com 🍁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 assumes it will be a 75 basis point hike to 4%. 🍁Trade balance at a high of C$1.52B in August. On 3 November we will find out how much it amounted to in September. Canada is now seeing very strong trade volumes. The highest in a decade. 🍁Manufacturing PMI low of 49.80 points. tradingeconomics.com 🍁The Consumer Confidence Index is falling but neither all-time highs nor a "crisis" state is just low at 48.51 points. tradingeconomics.com 🍁As we can see, Canada's economic situation looks decidedly better than that of the euro area. 🍁Will we see this reflected in the chart of these currencies? 🗠Looking at the chart we see that EUR/CAD has been in a downtrend for almost 2 years now. The trend definitely took a turn for the worse after the outbreak of war in Ukraine. 🗠Since 22 August, an upward correction of 5.53% began on the downtrend. 🗠But over the last month we do not see the strength for a further upward breakout. On 18 October we made a double top formation and immediately recorded a decline. Is this a sufficient signal for a decline? 🗠Looking at the euro compared to other currencies where it is definitely stronger and the rebound was definitely more blunt. Only on the dollar did we not see such a big increase because the dollar has also been on the rise for the last few weeks. 🗠Coming back to EUR/CAD, we are currently at the resistance levels set in April and July this year, these are the 1.34-1.35 levels. We can see that the price is struggling to break through them. 🗠As for taking positions. This seems to be a good time to take positions, either to wait for a retest of the 1.34 levels after the declines and attempt to rebound from below. 🗠Or setting a stop above the recent highs above the 1.36 level, with a target somewhere at the new lows. I am a fan of not setting targets but observing the situation as it unfolds, but in this case the level of 1.25 seems to be the most reasonable in case the falls continue. 🗠I don't want to bore you with indicators, but looking at any of them we can clearly see a downward divergence. 🗠Also the direction is known. Trend is set, stop and target known, I invite you to follow this pair. I am very curious to see what the coming week will bring. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
4
💶 EUR/USD Feels Bearish 💵 InvestMate💶 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 price increases related to the tense global situation. 💶 Overnight indexed swaps for the Eurozone are currently pricing in an 85% chance of a 75 percentage point rate hike later this month (100% chance of a 25 percentage point hike and 100% chance of a 50 percentage point hike). 💶 Currently, the market is pricing future rate hikes as highly likely. 💶 In recent days, the dollar began a continuation of the uptrend after we heard on the war front that tensions of the Ukrainian-Russian conflict had increased after a series of missile attacks on Ukrainian cities that was supposed to be in retaliation for the bombing of a bridge connecting Russia to the Crimean Peninsula. 💶 This week there will be no significant data from the Eurozone, investors will be mainly focused on data from the U.S., including Wednesday's FOMC minutes meeting and Thursday on inflation. 💶 As for the EUR/USD pair, it should be borne in mind that we are already well below parity and last week's Tuesday attempt to attack parity ended with the Euro falling against the dollar. 💶 Also on the horizon is the approaching winter which will be one of the biggest challenges in the energy management category that Europe has faced in years. 💶 For the time being, there are no clear-cut solutions to the issue of energy governance in Europe, Friday's meeting in Prague regarding the proposal to impose a cap on the wholesale price of gas did not produce any concrete results 💶 Looking at the technical side of the analysis, the view of the falling star formation on the weekly interval on last week closing candle, is not a positive one. 💶 We can also see the same pullback with a long body at the top on the monthly candle. 💶 Tuesday's candle closing was also made after a slide from higher levels leaving a large body at the top. 💶 Looking ahead, we are likely to see an attack on the recent low in the coming days and there is a good chance of seeing new lows in the future. 🚀 If you like my analysis leave a like and follow my profile 🚀
Short
by InvestMate
11
💷The pound is getting up on its feet💷💶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 the central bank. 🚀From Friday's information readings, for the first time in history, inflation for the euro area has become two digits and is as high as 10%. The main component of the infomation is the increase in energy prices in the Euro zone. 🚀It is also worth noting the increase in the unemployment rate in Germany, which already amounts to 5.5% 🚀The increase in market interest rates in Great Britain, forecasting that the interest rate in Great Britain could reach 6% next year, had an impact on investors and the British Pound became an interesting asset. 💵 Do you like the analysis? Follow the profile 💵
Short
by InvestMate
9
⬇️ AUD/CAD prepare for a decline? ⬇️⬇️ 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 the current arriving data from the Australian economy will be discussed. ⬇️ Then on Wednesday, inflation readings from Canada. In which the market is betting that inflation will recede. ⬇️ And on Thursday culminating the week with Unemployment Rate data in Australia. In which the market currently expects no change ⬇️ It's shaping up to be a really exciting week. ⬇️ Turning to the technical side on the 4H chart I am currently discussing. We can see that we are below the 2 key moving averages MA 50 AND MA 200, which signals that we are in a deep downtrend. ⬇️ Then analyzing the MACD, we see nothing special on it, only low bars signaling a small range of movement over the past few days. ⬇️ RSI, on the other hand, is below the 50 line, which signals the continuation of the downward trend. ⬇️ Similarly, with Stoch where we are oscillating near the 20% zone, the breakout of which is a strongly bearish signal. ⬇️ The small range of movements and lack of interest in the pair provoke the continuation of the downtrend ⬇️ Stop loss was set above the accumulation range ⬇️ Target was set at the round level of 0.85 ⬇️ Risk/Reward: 1.58 🚀 If you like my analysis leave a like and follow my profile 🚀
Short
by InvestMate
7