Comex Gold Futures and GDX, corresponding gold ETF, both took a dive on Tuesday morning. Crude Oil plunged another 14% in early trading creating a need for cash to cover losses. With FOMC rate and economic policy decisions due on Wednesday and ECB on Thursday, volatility is on the rise for the rest of the week. Gold is holding support at $1705 with potential to...
Hello! Friends, I came with new research an idea but, before to start talk about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance. Till trend is up in other timeframe so, 10% higher chance to move up the side. seeking a clue for the time of breakout and direction. The consolidation will continue until we didn't get test...
Price Range: This range has attracted buyers, one again price was entered into this attraction, and buyers were seen active. Buyers lost their control against sellers and price was pushed down with average volume. Invalid Diji / Suspicious Alarm : Compare to surrounding 3 candles volume, Doji has an extremely low volume that indicates suspicious...
"A sense of joy" is what all scammers, frauds and other miners like me are calling the events of these past few weeks. The possibility excist that XMR will be directly related to future tax rates. As theft thru taxes is increasing so will be those wanting to own Xmr.
There are long periods of positive correlation between average bitcoin hashingrate in gigahashes/second and performance of major semiconductor ETFs like SOXX and SMH As hashing and computing power in general shows massive increases in demand there are only a few companies that have the materials and knowledge to produce 'rocks that think' aka processors and other...
Hello traders, I'm neutral on this, just wanting to gather a sentiment from you guys on oil TRADE SAFE
If we compare past economic trends from our past in terms of our natural gas price, there are obviously many factors that contribute to the price of Natural Gas as well as the timings of the swings. Most often, natural gas will see price increases more often in the winter if we see unexpected changes in winter weather making it a seasonal bet. In this chart I...
If price stays above orange trendline we are looking to buy below the central weekly Pivot of next week (in the green zone). This means we are looking to buy Friday afternoon/evening (before market closes) and/or Sunday evening when market opens again.
USDCAD Weekly chart gives us an indication of overall price momentum to the downside as price has retested the weekly resistance zone of 1.35200. Overall a break in upwards channel from 1.34150 has seen USDCAD sustain its shorts over the last 3weeks. After a break - Price will usually form a pullback/consolidation zone. Perfect for re-entries. A Weekly Pullback...
Divergence in cash rate policy between US and Norway, creates an opportunity for shorting the pair. US is expected to cut its rate, while slower economic growth is waiting to hit the dollar. Norway's economy is doing great, and therefore they expect to increase the cash rate. also looking at USO vs the pair, as it have been highly diverge against each other....
NZD/CHF - bullish setups on daily chart
Gold is breaking resistance levels in most indices. With the probability of the fed cutting rates at almost 90%, Gold seems like a great option for a medium-term investment.
According to The Economist, the trade war between the United States and China has already caused the global economy irreparable damage, disrupting the supply chain that had been creating for several decades. The point is that, there are a lot of Chinese companies have found the way of delivery of goods to the United States. For instance, across Vietnam. The...
Market tanks, people buy bonds, we're close to another rate inversion. If the market tanks on China news, we're bound to invert again. Keep an eye on it before you go long on anything,
Whats up Traders - Just a theory - making a small play on it. . . . predicting the bull trend continues - especially post rate results this afternoon. Target 310 by the end of June 2019. Let me know your thoughts and disagreements.
check out my chart, i dont really have much of an insight other than a couple bounces in a downward channel coupled with the political economic atmosphere and the fed meeting in two week, i think there is ample opportunity for a huge up swing if fed cuts rates. Time to front run the trade my friends.
EURUSD is bouncing from the ascending trend line on daily time frame supporting the bullish view on the short term. SL should be placed under the 1.12 level. ECB will announce its rate decision tomorrow, although the inflation and growth risk are skewed to the downside but Q1 data is weak and could make Mario Draghi express his concern about economy losing its...
Historically, when the FED decides to raise interest rates it ends up breaking the market. This happened in 2000 and 2008 with the solution being interest rate suppression and quantitative easing. Both of these methods produce abnormal rates of inflation, leading the FED to raise interest rates in an attempt to preserve the purchasing power of the dollar - and it...