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Goldmansachs

Currency manipulator & Goldman Sachs forecastsAfter China devalued the Yuan on Monday, markets were awaiting a US response. It appeared quickly enough: The U.S. Treasury Department announced late on Monday that it had determined for the first time since 1994 that China was manipulating its currency, knocking the U.S. dollar. Maybe in response to this, or maybe just to show that the fall of the renminbi on Monday is just a power struggle, the People’s Bank of China took steps to stabilize weakness in the yuan. As a result, its fall has stopped and even strengthened somewhat. Although the Yuan against the dollar remained above 7. Investors yesterday were able to take a breath. Haven assets after strong growth on Monday, adjusted on Tuesday. Given that the situation remains tense and uncertain, we continue to recommend the Japanese yen and gold purchases. We also continue to recommend selling the dollar. Against the background of such a development of events, it is more than logical and to expect a further rate cut. Currently, according to the Chicago Mercantile Exchange, 100% of traders expect the Fed rate cut in September. But there is another interesting point. If last week only 1.5% of traders expected a 0.5% decrease, then this week the percentage was already 21.5%, that is, the probability increased sharply - almost 15 times up(!). Thus, we are talking about the reduction of the rates two times in a row. And the dollar is still extremely expensive. So the opportunity for its sales is unique. It’s even strange why the markets cling to their purchases. Goldman Sachs Group Inc. recently published their vision of the current situation in the world. Their forecasts are: the Fed will lower the rate in 2019 at least 3 times, a trade war will continue until 2020, and still Trump is the President we should not count on its end. In general, the vector of development of events has not yet changed. Therefore, our basic trading recommendations are also unchanged. In addition to selling the dollar and buying safe-haven assets, we continue to sell oil and the Russian ruble. We also hold long positions on the pound and those who do not have them have the opportunity to buy at very attractive prices.
by Trade24Fx
GS breakout and bullish structureGS breaks out of a flag, with a gap, and heavy amount of Doji's on the the Heikin Ashi signal that market consolidates on GS. Also, Snap and Micron breakout helped bolster bullish market sentiment for GS. MACD shows consolidation after GS most recent earnings. Heavy consolidation right below 61% fib line and more institutional investors consolidated at 50% shown by the gap to the upside. Not overbought or oversold even after Bollinger band constricted heavily in march. Possibly less volatile for GS ahead after flag breakout. (XLF-orange and KEY-Blue are used for comparison) Bullish structure formed after GS broke out of flag.
NYSE:GSLong
by CrookedTREE_FINTECH
Goldman Sachs Rising Wedge Pattern Below The Resistance LevelAs we can see on the Daily chart the price keep moving to the downside we have a double top with a break confirmation causes a huge drop into 155.0, huge continuation to the upside into the previous low the price touched and reject each times to turns the previous support into a new resistance level with crossing the 200 MA then the price drop again and reject from the 0.50 fib level the price could push higher again into the resistance before drop again as a sign to short we are waiting a breakout confirmation of the lower low of the rising wedge patter
NYSE:GS
by oussamaelgadoum
LIMITLESS Nice trade on bitcoin long that started a week a go. There's a saying that unless the money flows down to the little man on the street there will be blood on the street - I believe it goes back to the Boatman in Greek Mythology where if you don't give him a golden coin you can't pass through. One of the research pieces I did two months a go entailed studying derivative heat maps analysing colour to see how price could be broken down in a more advanced format than just your outdated 1980's trendline tools that you see on here. Energy works by going from a large amplitude to a minute aplitude. Human eyes can't detect the large infra red waves or the high ultra energy waves. Unless you use tools or cameras to see the waves. Try looking for a infra-red wave with a ruler vs using an infra-red camera to detect it. At the end of the day derivatives are derivatives - listening to ideas by systems that can't trade effectively or only apply to one market is not going to work. You need to be thinking how to trade from a quant standpoint - between 2010 and 2020 the second biggest appication AI investmenst were made for was Financial Markets. So I think the price action in Bitcoin will continue to defy expectations. Those thinking that lightning will strike twice and bitcoin will hit 100K are mistaken. JP Morgan have a lightning machine now it's called the short futures contract. 100B short and bang all your money is halved when they short Bitcoin down to the ground. All that is happening at the moment is they are allowing the price to slowly accumulate to make some money for when they short it. Apart from that rant Bitcoin is still a long for now.
BITMEX:BTCUSD.PLong
by GREYFXEMPIRE
1
Goldman Sachs Earnings Pop? Hey guys, quick disclaimer; I am a novice technician but I'm here to learn! I'm playing some $210 call options for Goldman Sachs earnings. Goldman to me, has more upside potential in the financials vs. JPM or BAC. And with the onslaught of IPOs it should be a forgone conclusion their revenue/earnings should be boosted in that environment. The SPY appears to want to make another attempt at all time highs so I've shifted my view to GS for a catchup trade with GS. Feel free to give me your thoughts on the trade or the chart analysis. Thanks! -R
NYSE:GSLong
by StockPickingEnthusiast
Goldman Sachs - Market OverviewThe market keeps a bearish trend. After bouncing from a support zone between 160.00 and 150.00 levels, the price moved upward to SMA100. We can see two attempts for breaking this line, but they were not successful. SMA100 and 200.00 resistance make a barrier for further upward movement, and we should expect for the reversal from this zone. If price bounces from this resistance and drops below the local uptrend line, it will be a signal confirming further falling and continuation of the bearish trend. The breakout can be used for opening short trades with stops above 200.00 and profit targets at 160.00 level. If the price can move above 200.00 level, we will get a trend reversal confirmation and buy opportunity based on this signal. But the upward movement can be limited by the main downtrend line. Breaking above the main trend line will give one more confirmation for the trend reversal. From that moment it will be possible to search for buy opportunities based on breakout and reversal signals. The market will be ready to start a new bullish trend.
NYSE:GS
by DLavrov
2
Goldman Sachs - GS - Bull Flag? Look for breakoutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Took a really profitable trade on GS yesterday and got out right before it hit the top. Now I am looking for a more long term trade since we hit a bottom in intraday trading today. I'm not going to touch GS unless it breaks a key level around $200 and closes on a daily timeframe. If Goldman Sachs can close above $200 then if I look at a measured move on this flag pattern, we are likely heading to $223 which would be over 10% from breakout (not from where we are right now which is about $192). There are a lot of factors that one needs to consider trading right now and one of those factors is the fact that we're still somewhat stalled on trade deals with China and shaky ground in the legislative / executive branch in the USA. Regardless, if we can break through this level and potentially retest it to confirm support, we have potential to make that strong push up. It'll take time and this is where patience could pay off. Keep the stop loss. Trade safely friends. <3 -CE-
NYSE:GSLong
by bitdoctor
Buy Goldman Sachs american stocks after hitting monthly demandGoldman Sachs GS american stock buy opportunities after reaching monthly demand level around 157. This monthly demand imbalance has gained control after a strong drop for a few months. New weekly demand level is being create at $178 as a reaction to monthly demand level, shorts are not allowed on this stock. Long term long bias with bigger picture uptrend on all bigger timeframes. Very strong reaction on the monthly off that M demand level. We don't really care what the fundamentals are saying about this american stock, we don't care if BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two sources told Reuters. Or if neither of the firms, who together employ more than 10,000 people in London, expects a chaotic exit that would force them to carry out the emergency relocation, the sources said. Goldman's asset management business GSAM, with 50 managers in London, has plans to send "a handful" to the U.S. financial capital until a framework is in place, the second source said, adding they too would eventually relocate to the euro zone. Goldman Sachs has reached a bigger timeframe demand level, it's time to buy with a clear long term long bias, no need to pay attention to what the fundamentals are saying. Buy opportunities being created on weekly and daily imbalances on Goldman Sachs NYSE american stocks.
NYSE:GSLong
by AlfonsoMoreno