US CPI US Headline and Core CPI for October both came in lower than expected (decrease). US Headline CPI: YoY – Actual 3.24% / Exp. 3.3% / Prev. 3.7% (Green on chart) US Core CPI: YoY – Actual 4.02% / Exp. 4.2% / Prev. 4.13% (Blue on chart) The chart below illustrates the direction of the current YoY down trend for both Headline and Core...
This will be just insane to watch unfold month by month take a look. Adjust the US GDP to USM2 (Money supply growth) the US has not experienced real growth since the 1999, pretty alarming. Adjusting the SPX to the M2 the SPX has actually not experienced growth either. Forced to sanction the Russian Ruble (creating an excuse) to stop Russia gaining an...
The AUDUSD pair is currently under pressure as a result of stubbornly high U.S. inflation and signals from the Fed that interest rates may need to be raised for a longer period than previously anticipated. We are looking to take a short trade on AUDUSD at 0.68977, with a take profit target at 0.67519 and a stop loss at 0.70014. This trade idea is based on the...
DXY still Strong Uptrend with 3 CandleS Daily Strong Bullish. If price breakOUT Supply Zone, then DXY will continue up until 116 as Target #1. As we know The Fed will continue raise the interest on 3rd Nov 2022, I will update the DXY Daily Chart to you periodically.
#USIRYY All eyes on US inflation Rate (9.10) 🧐 Long Story short Expectation is 8.7% 🐻 - if new CPI data is above 9.4 then Market will Crash. 🐮 - if Remain between 9.1-9.4 then Market will be Stable and can Pump as well. 🐮🐮 - if below 9.1 then Crypto Market will Pump Hard.
US inflation is very correlated with the extreme rallies we have seen in US stocks, Oil and crypto, FED are increasing rates frequently to counter this abnormal levels inflation show as the bar graph in my chart, one thing that is going to directly affect asset prices is rates, the dollar should look to gain strength too. So increased Inflation will see rising...
US Inflation has reached falling trendline where it has faced resistance for three times. Also, RSI has reached the upper range from where reversal is witnessed. But, if it gives breakout above this trendline then the doors of huge upside will be opened, as it's a symmetrical triangle pattern whose targets are huge. Rising inflation is never favorable for...
Last year May we saw a potential crash for the Dow Jones 30 due to inflation fears and now what we predicted is finally happening. In our analysis a year ago Dow 30 was trading at 34,644 after reaching highs of 35100 we saw a potential sell signal on the 1W chart which was the formation of a bearish harmonic. this halted our longs and swings on the Dow. So...
Early Friday, gold futures are trending lower as U.S. Treasury yields and the dollar remain steady amid increased expectations that the Federal Reserve would use aggressive rate hikes to combat inflation. This thinking is being sparked ahead of today's U.S. inflation figures, which could reveal information about the Federal Reserve's monetary policies in the...
ECONOMICS:USIRYY A 107 year old interesting US Inflation rate chart from 1914. Technically speaking, inflation has come to an interesting range. #USINFLATION #INFLATION #STOCKS #AHMEDMESBAH