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Jpmorgan

#BTC Update [May, 12th] : building out an ascending channel#BTCUSD: Looks to be building out an ascending channel #Bitcoin still remains bullish after a show of high volatility on these complex events; the bitcoin halving, Paul Tudor bought bitcoin, JPMorgan bank takes on Coinbase , Gemini as its first crypto exchange customers,... Two possible scenarios 1. Retest 8,400 and bounce on the uptrend support then we most likely get the top of the channel at 10,000 ~ 10,500 again; or heading upwards now to hit 10,500 level without retest support line. 2. Leaning towards the bearish side, breakdown of the support line will result in revisiting 7,600 level. If losing that support would lead bitcoin to the bear market on the mid term. Don't predict the market, stick your plans in all scenarios and always have a plan B.
COINBASE:BTCUSD
by Crypto2AF
CLEAR ascending support on JPM - and we are lazy at it right nowAscending support on JPM - some will also identify the pivot highs calling for a triangle pattern. Keep an eye on this support level if the market gets weaker - looking for things that were already lazy when the market was strong... looking for those to then get even weaker when the market gets weak... this is a good way to find intraday setups! Hope this chart perspective helps the community xeenos trading - sending positive energy to all those watching.
NYSE:JPM
by xeenostrading
WOW - Remembering all Mr. PresidentsLmao, I did not remember this. It's from long time ago trying to understand a little bit more this bank. Maybe is something irrelevant but it could be helpful to feed the curiosity some people still have and expand their knowledge with a better research. Also if i lose this idea again for some months I'll know where to find it now. There I tried to find correlation between democrat presidents or republican and the action price development from that far, just for educational purposes like I said. Just to be able to dig a bit more and find political causes related to the historical growing of one of the biggest banks on Earth. I found this when I was checking other "too big to fail" banks recent movements, to check the impact with all this infinite stimulus have been announced almost everywhere, and anyone with sufficient authority is printing money now. What a mess, isn't it? Please hope you find your own conclusions from here, always keep that curiosity... and doubt. Thanks!
NYSE:JPM
by harribatu
JMP technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 JPM technicaly based idea, technicaly indicators showing we can expect higher recovery phase, global economy is in slow phase of recovery, we can see price is near to break FIBO 0.382 in this case FIBO 0.382 is and support zone, expecting to see break ad higher push in price till FIBO 0.6 or till trend line. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
NYSE:JPM
by UnknownUnicorn3983388
4
China comes back to life, experts calculate lossesChina yesterday began to actively restore economic and industrial activity in the country. Judging by official figures, the epidemic has begun to decline, so there is reason to believe that the worst is over. In this light, yesterday's growth in demand for risky assets is generally explainable. Perhaps the global economy in general, and China in particular, will get off easily. At least Bloomberg analysts believe that the impact of the epidemic on the economy will be extremely short-term. Although they note, in the first quarter of China's GDP growth will slow down to 4.5%. In general, the uncertainty with economic damage is likely to be a factor restraining another bout of unbridled optimism in the financial markets. The fact is that its scope can be more serious and tangible. For example, Simon McAdam from Capital Economics believes that the coronavirus will cost the world economy $ 280 billion and ultimately lead to the fact that the world economy in the first quarter of 2020 will not grow for the first time since 2009. JPMorgan analysts expect China’s GDP to grow by only 1% y/y in the first quarter (they predicted an increase of 6% y/y before the epidemic). Goldman Sachs expects the coronavirus to subtract 2% from the global GDP. And Morgan Stanley recently proposed how to measure the real extent of the downtime of the Chinese economy - by analyzing the level of air pollution. According to their calculations, air pollution in Guangzhou, Shanghai, and Chengdu is only 20-50% of historical values. This may mean that human activity here (transportation and industrial production) is only 50-80% of the usual. In general, the optimists or pessimists will determine the dynamics of prices in financial markets on who ultimately turns out to be right. Uncertainty just hangs in the air, which means that for now, it is better to trade inside the day with small stops. We will look for points to buy gold and the Japanese yen intraday. We will sell oil at the time of its growth. Also, we will buy the British pound. Yesterday's data on GDP (+ 1.1% y/y against the forecast of 0.8% y/y) and industrial production (+ 0.1% against the forecast + 0.3%) did not give rise to sales and important support 1,29. So, a rebound up is quite likely.
FOREXCOM:XAUUSDLong
by Trade24Fx
4