USA
USA COVID-19 Spike as reported...... to spike in April!
Already media is openly speaking of that expectation. No surprises, will happen.
Data (MACD histogram) projections align.
Apparently, NY and FL are already spiking.
This is likely the Omicron wave, and it can get out of hand pretty quickly as we have seen in many other countries. Hope that enough preparations have been made!
USA NATO Countries & Crypto Currency Asset ClassWe could see with the recent price action go up to $1.9 Trillion for Crypto Currency / Crypto Asset Markets. Bitcoin is clearly the digital property in the asset class. As the asset class matures it is clear how now the US Government not only governs US Citizens and US Companies but also all Companies or Entities that are related to Business in the United States of America. It becomes clear the government of the United States of America might take this time in history to unite NATO Countries into a single Economic Network. Produce and trade within first. With nations that can produce rare commodities we need to allow them to do so in an environmentally friendly way. It is good for National and Alliance Security overall.
At departure soon. Dock is docking on port.
Soon the departure.
Take ticket for next target.
See you soon !
US500 Hello receive a cordial greeting. You have at your disposal a brief technical analysis of the S&P500 We have as the most likely scenario a lateral or slightly upward movement in the short term and in the medium term caution possible bearish movement. Key support and resistance are at your disposal.
Kind regards L.E.D.
SPX us500 s&p 500 Hello receive a cordial greeting.
You have at your disposal a brief technical analysis of the S&P500 We have as the most likely scenario a lateral or slightly upward movement in the short term and in the medium term caution possible bearish movement. Key support and resistance are at your disposal.
Kind regards L.E.D.
USDNOK Channeling Towards 9.35Trend Analysis
The main view of this trade idea is on the 2-Hr Chart.
There appears to be an upward trend channel developing for USDNOK. Higher lows are observed around the 8.63 and 8.76 price levels. Higher highs are seen around the 9.00 and 9.10 price levels. Expectations for the fx cross to continue higher in the trend channel, taking USDNOK towards 9.35. A breakdown in the rally of USDNOK will be observed if the fx cross falls below 8.80.
On the longer term timeframe, if USDNOK breaks above the resistance of the upward trend level, the fx cross can rally towards 9.80.
Technical Indicators
The technical indicators are pointing out that USDNOK will rally over the next couple of months. USDNOK is above its long-term Moving Average (440-MA) and is in a bullish mode for the Supertrend Indicator. The Supertrend is also producing higher lows and higher highs, similar to the upward trend channel. The Awesome Oscillator (AO) is above 0 and green and the RSI is above the 50 level.
Recommendation
The recommendation will be to go long at market, with a stop loss at 8.80 and a target of 9.35. This produces a risk/reward ratio of 1.60.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.