Comparision of "FTSE (UKX) in USD dollars" to "SPX". I am publishing the same for all (please see my other analysis): Germany, UK, Japan. I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe. Important: This doesn't mean that the...
UK10Y-GB We are overall at key area but just like EUR I see no fundamental reasons short/medium term on why and who would realistically going into Gilt at this moment of time. Inflation running hot, could estimated by this yr at 13-15%, recession, housing crises and last of all political instability.
EUR/USD ▶️ GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 XAU 🔽 WTI 🔼 As the Governor of the Bank of England warned months prior, the UK CPI has recorded a 10.1 increase, compared to the market estimate of 9.8%. Such a high reading is not seen for four decades, and the British central bank is likely to bring more rate hikes to tame the raging inflation, possibly slowing the...
We have a major support Price predicted to fail to break it
Hey traders, we are monitoring AUDUSD for a buying opportunity around 0.717 zone, once we will receive any bullish confirmation the trade will be executed. I see a long-term movement of the pair. First the trend line has been retested for the several times and the AUD index shows a long-term upward price movement. Wait for the break out of the trend line , retest...
Hey Traders, in the coming week we are monitoring GBPUSD for a buying opportunity around 1.33 zone respecting the support line of the descending channel in combination with weekly demand zone. once we will receive any bullish confirmation the trade will be executed. Remember to use proper risk management, because in swing trading the movements are more violent...
Previously, assessed the UK projections on UK Freedom Day, where UK eased off COVID-19 measures. Clearly it did not help as case counts dropped mildly, then started picking up in October. GG... it is rising into 2022. Just how bad remains to be seen.
Q: What has the highest probability of occurring? Since February 2021 price has been stabilising on $65 per barrel. There is a combination of 2 classic patterns forming at 65.00 support. The inverse head & shoulders, which is in the process of forming the right shoulder, is currently invalid. This pattern projects 85.25 as the target. The double bottom,...
let me know your thoughts just a fun little experiment I thought i would try out... if anyone is a fib nerd hmu I wanna work on a new fib indicator with somebody
From the previous post on 14 May, I was doing a friend a favour into looking at the UK projection as she is living in London. I said "... and projection made that the start of a spike is at the end of June, into July . IF this projection is on point, then outnbreak news should be seen in the latter part of July ." It is the beginning of July, and it appears...
GBPUSD pays a little heed to the price-negative catalysts during early Monday. In doing so, the cable ignores confirmation of a four-week delay in the UK’s unlock as well as an anticipated bumpy road for the next round of Brexit talks as EU policymakers pushed Britain to respect previously agreed deal over the Northern Ireland (NI) protocol. The corrective...
I was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK...
GBPJPY has dropped to the trendline. Now it seems that the market wants to grow. Our target is 139,671. If the price falls below the trendline, then this idea is no longer valid. Good luck!
EURGBP broke out of the channel. Here are the targets: Target 1: 0.9155 Target 2: 0.9219 Wait for the retest before placing the BUY order :)
GBPJPY formed a double top pattern. If the market breaks the support, we can expect GBP falling.
The situation looks very dismal for FTSE100 as since June's High, the index has been trading within a Channel Down that has already lost almost 50% of the post March gains. Additionally, the MACD on the 1W chart just made a Bearish Cross. The whole sequence from start (Death Cross) until now, loos very similar to the 2008/2009 credit crunch. Have the markets lost...