Oil Breakdown - Fundamental and technical analysisIn this video I breakdown some headlines to look out for that should move the oil market one way or the other. I also run through the USD situation right now and explain how that could create moves in the oil market. Then I run through the chart to show you what I'm looking for to enter a trade.
Geopolitics
ORBEX: US Air Strike Sends Oil and Gold UP!A US airstrike at the Bagdad airport killed Iranian General Qassem Soleimani’s.
Not only this is going to increase geopolitical instability in the region but it also questions the legality of the President's decision as he acted without Congressional approval!
US-Iran relations are taking a sour turn early in the year following an “extremely dangerous” attack that could set off a war.
See how oil and gold have been affected so far and how they are likely to perform in the short-term.
Timestamps
WTI 3H 01:50
GOLD 3H 04:15
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
DXY, SPX: Hang on Fed & GeopoliticsIn today's #marketinsights video recording I analyse DXY and SXP!
Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by:
- A somewhat dovish?! Fed
- BoE and Brexit (BoJo visits EU today for talks!)
- SA attack and expectations on reduced oil production
- Weakening Chinese data
- US-Sino tradewar optimism
On the other hand, don't forget that policy-pessimism is going to matter most?!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
TRUMP SAYS NO TO BITCOIN!Mr Trump has strongly disapproved of Bitcoin. The markets couldn't care less. People are holding on to their Bitcoin in a zone of consolidation on the daily time frame.
The consolidation pattern is safe down to around 9500. Bitcoin reached 10 times the recent high price of gold at one stage.
I look at possibilities positive and negative for the future.
For a comparison of Gold v Bitcoin see here .
Declarations & Disclaimers: I have not engaged in contentious political discourse. I have simply reported the whole truth of Mr Trump's opinions. I have shown that the zone of consolidation disregards Mr Trumps views. Trump's opinions are relevant to traders as his words have potential to influence markets of various kinds. No liabilities accepted for your losses if you trade bitcoin based on anything said or perceived to be implied by this post.
US Stock Markets: And what's Mueller got to do with you?!This screencast is speculative - and I invite the full brain power of Tradingview's community to consider the variables which might affect the US Stock Markets around this time. Let's do this together.
The stock market has retreated, probably due to nerves about the Mueller report - among several other things. If the report contains nothing on which Trump is impeachable then, I'm expecting a pump north.
Mueller's hit list so far has been :
1. PAUL MANAFORT
2. RICK GATES
3. MICHAEL COHEN
4. MICHAEL FLYNN
5. GEORGE PAPADOPOULOS
6. ALEX VAN DER ZWAAN
7. RICHARD PINEDO
(Names are in all caps only due to copy and pasting. Names and convictions are all in the public domain, so I'm not defaming anybody.)
Some may think that with so much dirt around it's unlikely that Trump will come out of this clean. Hey, this bull market is about Trump - let's not debate that. If Trump goes down the markets go down like lead balloons. Alternatively, if Trump comes out clean enough, expect bullish moves which may then be limited by other factors.
Separate to Mueller's investigation and report, there are 16 other investigations into Trump. If just one sticks, there could be catastrophic collapse of the American markets - with shock waves globally, hitting Forex as well.
We have other variables to consider :
1. The Fed 'money printing' press going to be turned up.
2. Bleaker than expected economic projections by the Fed and Draghi.
3. Expected weaker US Dollar - creating bullish pressure in the long term.
4. Flattening or inverted yield curves
5. Uncertainty's and delays on deals with China.
6. Potential Brexit shock waves.
7. Germany struggling against recession.
8. 'Housing' market bubbles in several countries including the US, in trouble.
9. US and Global debt totally out of control.
10 etc. .. and much more.
Sorry - I don't know what's gonna happen. I do not give tips on entry positions.
STERLING: Not in a good placeIf you believe big media news headlines you'd be thinking that GBP is on some mega path of recovery. It ain't.
The evidence is that GBP is in serious trouble as seen by most of the big daily trends.
Unless something miraculous happens big trends like these especially GBPUSD create further probabilities for the south.
But on the geopolitical-economic circuit, many in Britain are actually preparing for a 'Hard Brexit'. Should that materialise there is not only gonna be further big trouble for the pound, but for Forex and Stock Markets around the world.
Stay tuned folks! Get your popcorn ready. :)
US Dollar under potential threat as de-dollarization sets in.In this screencast, I'm looking ahead for potential moves, possibly south in the US-Dollar. This is about preparedness.
In the video I explore emerging geopolitical and macroeconomic issues that are taking place.
The US-Dollar strength has big influence at this time on:
1. Commodities
2. Metals - especially Gold and Silver
3. Oil
4. Stock markets in the US and elsewhere.
5. US-Dollar currency pairs.
- and more. This thing is big!
There is reliable information about a silent forex war happening largely unseen as China, Russia and Japan are giving up US debt, and moving into Gold and Crytocurrencies. I don't do predictions, so I'm unable to say what this would mean for the future.
Do not take my word for it - check out this stuff on reliable information channels (unable to give further information here - but PM me if you wish).
Brace! Avoid being flushed out in the 'Economic Colonic'. In this screencast I show how I attack the US30. It's very different to what you see 'out there'. This is about a robust and real trend-following methodology. And not - I'm not selling anything! WYSIWYG. Totally for free! Everybody deserves a chance.
Reality has come home to the markets - globally. There is a mega trade war on at the moment and it has been for several weeks. The impatient and greedy will lose their money to those who are patient and strategic.
What's Geopolitics and Ponzi schemes got to do with you?I focus more on historical factors in brief overview in the video. There is an emerging perception that both the EURO and the US Dollar a Ponzi schemes of sorts.
How can the US Dollar which is backed by 'thin air' have come to dominate the world.
What is a Ponzi scheme? Are there similar elements in both the EURO and the USD? Look and you may see.
Geopolitics affects these two. But I'm not really going into the 'fundamental analysis' of this at any deep level, at all. Demand for a currency is influenced by international trade which then is connected to stock markets. I'm not able to dig deeply into the complex interactive connections here.
To be clear, I separate Geopolitics from 'Politricks' which I blogged about before.
I'm saying that we need to be aware of Geopolitics in the higher time frames like 1D charts. That's not just about currencies - it's also about stock markets.
Stuff that may be of interest:
A Ponzi Scheme
Special Interview Noam Chomsky 2018
A deeper understanding of money from a global pespective - and potential complications, by Yanis Varoufakis
The Monetary System Explained - how the Federal Reserve works (or not).
Century of Enslavement: The History of The Federal Reserve