The Swiss Franc used to be pegged to the Euro until 2015. The ECB went on a money printing spree with its own QE and the SNB could not sustain maintaining the peg. So it decided to remove the peg and the Swiss Franc strengthened against the Euro more than 20%. This caught a bunch of traders by surprise (mainly because the SNB said it was committed to...
Here it is Folks, the moment we have all been waiting for After months of testing and retesting the upper bounds of the 1.24 area. it appears that CABLE has broken out and will now begin a very solid and consistent BULL SWING. Looking forward to buying and buying again on every dip. Fundamentally this is being set up by the incoming US recession and data...
As we seen the price already achieved at the level where the daily confirmation given, Thus it just needed more confirmation on the lowest timeframe to be looking for. Several news about JOLTS Opening and NFP will be decide the movement of USD. Happy trading for this week. CHEERS!!
RECAP: Back in May 25, 2022, Nordex issued a profit warning and its stock was down -17.05%. The new estimates where: FY2022 PROFIT WARNING ESTIMATES FROM MAY 2022 (Source: Nordex's IR website section): – FY2022 Consolidated sales: EUR 5.2 to 5.7 billion – FY2022 EBITDA-margin: minus 4 to 0 percent, including all one-off effects - Capital expenditure: EUR 180...
It seems that the price of US Crude oil is breaking more resistances and moves further upwards. Not suspiring since Iraqi Supply Disruption Continues. If the fundamentals do not change, next support will be 77 USD/barrel after the price breaks the psychological level 75 USD. __________________________ Information Regarding Important News and Figures can be...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Lots of fun things and happening around the crypto world the past few months From Mr.SpankMan Fraud to banks dissolving out of existence and lets not forget liquidity crisis abound. From a fundamental standpoint things arent so great in the United States for crypto. STILL congress has dragged their feet and has yet to provide any significant framework for how...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the local uptrend channel that the price has left the bottom. However, after marking the uptrend line, we see that the price has rebounded from it in the current correction. Now we can move on to...
Welcome back! Let me know your thoughts in the comments! ** USDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello everyone, I invite you to review the FTM chart this time on a one-day interval. As we can see, the price is moving in the downtrend channel, which we have marked with blue lines. Let's start by marking the support spots for the price and we see that we have the first support at $0.35, the second very strong support at $0.27, and the next support at...
Hello friend. Today im going to explain about the latest happenings in polygon layer-2 blockchain. Lets see what will happen? When the Polygon PoS chain first launched it offered a much-needed solution for Ethereum’s scaling issues. It gave users and developers alike everything they love about Ethereum but with faster throughput and lower fees. Now, with tens of...
Hello everyone, I invite you to review the chart of BTC in pair USDT taking into account the one-day interval. First, we will use the yellow lines to mark the uptrend channel in which the BTC price is moving. Now we can move on to marking the places of support in case of further correction. And here, in the first place, it is worth marking the support at the...
CABLE has been very interesting lately. Sterling has surprised with decent data but the overall outlook for the sterling fundamentally remains the same, the market is expecting one more rate hike. The strong data however is creating a very RANGY environment for this pair. We saw this when the last bearish move was RETESTED all the way to the 68 fib zone. My bias...
MY BEARISH THESIS -This rally is led by fundamentally weak companies like CVNA, ROKU, AMC, and AFRM (companies with weak valuations) which has historically indicated that these types of rallies are temporary -Six Month Treasury Bill yields rising to 5%, last seen in 2007 - The Feds Fund Rate (Feds target interest rate) rose higher after the recent CPI data which...
First things first: all hail the vikings! Why I like this trade: - NOK with the MUCH better fundamentals - NOK clearly undervalued on a longterm timeframe - Norges Bank quite dovish in their last meeting but could get hawkish again in march as -> inflation has massively surprised to the upside - inflation expectations on thursday will be key for NB - NB could...
Euro is gaining strength while the cad is at a weakpoint and dumping. I expect EURCAD to reach the major resistance zone indicated on the chart.
I expect gbp to gain strength against the canadian dollar. It is currently on an uptrend and I expect this pullback to be done and ready to head to new highs.
An earthquake in Turkey and rising U.S.-China tensions contributed to the unfavorable mood in the world markets on Monday morning. The top platforms in Asia are dropping by 1.4%. The Japanese market stands out as an exception, rising 0.6%. Major U.S. index futures are continuing their downward trend from Friday, shedding as much as 0.4%. This morning, the...