Russia
Oil to soar and speed up inflation if Russia InvadesIf Russia attacks Ukraine then oil price will soar and speed up inflation.
We already are on historical levels for oil, and if there is an invasion, we could see 130, 140 or even 150$ price for oil.
If that happens, inflation will literally explode. The actual 7.5% will be nothing. We might end up with 10, 15% like back in 1970 in Europe and USA.
BTC TA 22.02.20Bitcoin is based on channel floor support and static support in the range of 38700 to 39200. If supported in this area, it can rise to the top of the canal and then the range of 41,500. If the static support is broken, the range of 36,500 is the next support.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 20.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do bette
(BTC) Treads Water as Markets Eye News on RussiaBitcoin (BTC) ended a 3-day losing streak on Saturday. The upside was modest, however, as geopolitics continued to peg back Bitcoin and the broader market. News updates on Russia and a possible invasion of the Ukraine left Bitcoin range-bound on the day. Following a 1.36% fall on Friday, Bitcoin rose by 0.28% to end the day at $40,107.
Gold Hits Our Target!!Gold has hit our next target of 1905, after smashing through 1895. We saw resistance from 1905, as anticipated, and subsequently retraced slightly. We are currently seeing support just under our previous target of 1895. If we retrace further, we should see support at 1876, then 1865. After such a strong rally in gold, it is reasonable to anticipated a technical retracement. The Kovach OBV is still quite strong, but has started to level off a bit, suggesting we may anticipate a retracement or at least a sideways correction as gold feels out the current value area.
Oil Weekly OverviewHello Traders,
For the commodities, I generally look at price action starting from high time intervals to low.
To follow energy commodities, WTI always comes first for me.
My analysis about commodities is not only technical but also fundamental.
After the lockdowns Oil demand indeed accelerated and that directly affected Oil price.
In the mean time US used its national reserves to set the price in a level but that wasn't really successful.
Palliative actions does not create stable solutions.
Hard winter for Northern Hemisphere increased the demand of energy commodities.
And other aspect that effects Oil price is politics.
Russia is a major player in the field and as a playmaker role, Russia can directly effect prices.
Europe needs Russian natural gas so bad and Russia is decisive about its pipeline because they don't want to pay commission to Ukraine while sending gas to Europe by North Stream.
That's why they built North Stream 2 which sends Russian gas directly to Europe.
BUT
US does not want Russia send gas through North Stream 2 without Ukraine to be paid. Meanwhile US supported Europe by sending tens of LNS vessels which also increased Henry Hub gas prices.
With all that conflicts,
US wants energy prices lower because of inflation,
Russia wants to send gas through NorthStream 2
Europe need cheap gas
bla bla..
The most important aspect is that, USD is not valuable enough for the world right now comparing to the commodities, metals, energy, housings, for each item that people need to have.
and that means inflation...
Thanks and have a nice weekend.
GOLD SHORT TO 1840This is a follow on from the last analysis I posted which you can see below or by going on my TradingView profile. The last analysis was on the 4 hour TF showing where I'm expecting market to correct itself. Whereas, this analysis is the 1 hour TF showing that sub (micro) waves that are going on within the 4 hour candles. We can see that Gold has just finished its 5 wave move inside Wave 5, along with showing that buyers are now losing momentum as market is overbought. This is another confluence to go short now.
All of my socials are listed on my TradingView profile. Feel free to follow my TradingView in order to keep up to date with all the latest analysis. Drop a like if you agree with this chart analysis or let me know what you think!
EURUSD 4H TA : 02.17.22 (Update)Two possible scenarios are marked on the chart . As you can see the price reached an important resistance range and we have to wait for break or rejection from this range and after that we can look for a trigger ...
Last Analysis :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 17.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BTC Update BTC is trading in a range, we are seeing some volatility in the market due to Fed meetings and the Russia/Ukraine drama. However Ukraine announced legalization of Bitcoin there, news is just coming out now for that. BTC.D is also dropping which indicates alts are holding their price better, as BTC is dropping more then alts. Will be good to pick alts for a swing here but stop loss must be used for if BTC drops below $41,500. As far as now, no need to worry unless BTC drops bellow $41,500, and no need to get excited unless BTC breaks $45,800.
Trade the range, trade safely.
Stocks Range, Anticipating Russia/Ukraine DevelopmentsStocks are ranging after inching past resistance at 4462. The S&P 500 was able to break this level of strong resistance but just barely, encountering resistance at the next level at 4487. We met resistance here confirmed by several red triangles on the KRI, and then retraced back to support at 4431. The Kovach OBV has leveled off completely suggesting it could go either way from here. The markets are clearly not convinced that the Russia/Ukraine saga is nearing a close. If we retrace further, we will reestablish the value area between 4272 and 4440. If we see a burst of momentum, then we must clear 4462 again, then the next target is 4521. After this we must solidly break 4580 before considering higher levels.
XAUUSD SHORT TO 1820Last night I posted my long analysis and said I expect market to correct itself towards 1862 which has now been completed at 130 PIPS profit. I am now expecting a melt towards 1830 which would be considered as Wave 3. We have FOMC minutes tonight, so markets will be moving sideways until then. Expecting some volatility tonight so best to be careful and use risk management.
All of my socials are listed on my TradingView profile. Feel free to follow my TradingView in order to keep up to date with all the latest analysis. Drop a like if you agree with this chart analysis or let me know what you think!
USOIL, The path to 100Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Oil prices recovered losses after falling more than 3% the previous session, as investors assessed the impact of reducing Russia-Ukraine tensions against a tight global supply-demand balance.
The market seems to be moving in a positive way after seeing the Oil prices rise mainly because of the tensions between Russia and Ukraine and today it's trading at 92.90 per barrel with a Bullish candle showing on the charts.
We might see a drop back to the main support area located near the 84$ zone where a big battle will happen between the Bears and the Bulls over control with the outcome being most likely to the Bulls.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the zero line indicating a Bullish market with a positive crossover between the MACD line and the Signal line.
3) the RSI is at 66.48 showing Great strength in the market with no Divergences found between the market and the indicator.
Support & Resistance points :
support Resistance
1) 90.27 1) 96.47
2) 86.38 2) 98.78
3) 84.07 3) 102.67
Fundamental point of view :
Moscow's statement on Tuesday of a partial army withdrawal from Ukraine's borders was treated with skepticism, with US President Joe Biden warning that more than 150,000 Russian troops were stationed near the frontiers.
Aside from the Ukraine crisis, the oil market remains tight, and prices are still on track to reach $100 per barrel.
While the Ukraine situation raged on, the US Labor Department revealed that producer prices rose by the highest in eight months in January, a reminder that high inflation may remain for the rest of the year.
Investors are looking forward to the Energy Information Administration's weekly report on US oil inventories, which is due on Wednesday.
Last week, crude and distillate inventories in the United States may have fallen by 1.5 million to 1.6 million barrels.
According to market sources on Tuesday, data from the American Petroleum Institute revealed a decline in crude, gasoline, and distillate stocks last week.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
XAUUSD LONG TO 1860Pretty self explanatory as everything is labelled on the charts. I am expecting a corrective wave back up towards 1860-1870 as Wave 2 before we see the next wave of sell offs.
All of my socials are listed on my TradingView profile. Feel free to follow my TradingView in order to keep up to date with all the latest analysis. Drop a like if you agree with this chart analysis or let me know what you think!