IS THIS THE BOTTOM FOR JPY???Today FED increased interest rates by 75 basis points as expected , there were some huge movements in the FX markets.
After a first rally of USD against major currencies, there was a counter movement that suggested that the worse was over....or at least until Jerome Powell started to speak.
Powell promised further hikes down the road that might bring the funds rates to 4,6% or more.
WHAT HAPPENED TO THE MARKETS??🙄🙄
EURO-USD-----------------> SELL OFF
USD-CAD-------------------> RALLY
DXY (dollar index) -------> RALLY
So what??
Strangely enough USD-JPY did not break the 145 level!!!!
In the picture you can clearly see the different behavior of JPY compared to other currencies (I plot the USD-EUR instead of EURUSD to be consistent).
Currently USD-JPY is trading at around 1998 levels, we are very close to the high of September 1998 from which we saw a major drop to the 100 level.
Tonight at 5am (Central Europe time) the BOJ will take it's decision concerning interest rates.
These are my considerations:
🎯considering Jerome Powell speech I would have expected a rally in USDJPY that would have push the pair above 1998 highs. This didn't happen
🎯USD-JPY didn't even take out the highs made on the 7th of September and stayed within a multiday range
🎯how long can the Japan stick to his ultra low rates policy?
Althought inflation is still undercontrol in Japan the Month to month inflation seems to be rising and the strong dollar will push prices of imported goods.
My opinion is that BoJ will be soon forced to increase interest rates for fear that the inflation might start to increase as it's doing in many countries around the globe.
It's highly unlikely that the strong dollar won't spill any inflation into the Japanese economy.
Value
EOSE longHi All,
My name's Kyle Ciotti and it's my rookie year with trading as of 9/1/2022. I'm excited to work with Trading View's platform - very high-tech & easy to navigate. My background is in financial planning, currently mainly focused on fixed indexed annuity strategy. I'm 34 years old and after a blown $1,500 account in high school I have never tried to trade in the market again - Until now. I'm 34 years old with an SEC-registered Series 65, 63, 6, and SIE license, but, don't let these certifications fool you. I'm an amateur trader like many of you and looking to level up my skills.
My focus is on penny stocks ranging from roughly $0.80 - $2.00.
With that said, after reading an article online I was fascinated with Eos Energy (EOSE). After analyzing the charts it looks like it could be set up as a long opportunity. The company is developing battery technology to rival lithium-ion technology. And, with bullish/bearish trendlines converging around $2.30, I think this stock could see some explosive growth.
I set EOSE buy price between $2.10 - $2.15
Target sell price points are between $2.48 - $3.40
I currently set my stop price level at -2.5%. I understand this is an aggressive stop percentage, however, until I have enough data to argue for changing it then it'll stay at -2.5%.
Thanks for stopping by!
KC
EducationBitcoin price history
The price of Bitcoin has seen big changes since BTC was first launched in 2009. Initially, Bitcoin didn’t really have an established price, and most people who owned BTC obtained it through mining. Eventually, a growing number of people became interested in Bitcoin, and began buying coins from other holders. Initially, these purchases were facilitated directly between buyers and sellers through web forums like Bitcoin Talk.
Eventually, Bitcoin exchanges were created and offered a more streamlined and automated way of buying and selling Bitcoin. One of the first ever Bitcoin exchanges was Bitcoin Market, which launched in 2010. Bitcoin Market and other platforms established a public market for Bitcoin, making it possible to track the price of BTC as expressed in US dollars and other currencies. The first price of Bitcoin was $0.07, according to CoinCodex data, which tracks the Bitcoin price starting from August 2010.
Let’s take a look at the historical Bitcoin price chart and highlight some important milestones:
$0.10 – The Bitcoin price first surpassed $0.10 in October of 2010
$1 – The first time that Bitcoin was worth $1 was in February of 2011
$10 – The first time that the BTC price climbed over $10 was in August 2012
$100 – The first time that Bitcoin was worth more than $100 was in April 2013
$1,000 – Bitcoin surpassed $1,000 for the first time in its history in December 2013
$10,000 – Bitcoin reached $10,000 for the first time in December 2017
$20,000 – Bitcoin reached $20,000 for the first time in December 2020
$30,000 – The first time Bitcoin reached $30,000 was in January 2021
$40,000 – The first time Bitcoin reached $40,000 was in January 2021
$50,000 – Bitcoin first reached the $50,000 price level in February 2021
$60,000 – The first time Bitcoin reached $60,000 was in April 2021
RNDR/USDT in 4 HOUR 🌟HeLLo 🖐
After breaking the downward red trend line and pulling back to it, the price reacted in the green support area of $0.49 and started its weak uptrend.
If the price has the ability to stabilize above its previous ceiling of $0.7. It has achieved the targets of $0.74 and $0.8.
Otherwise, with the loss of the $0.49 green support area, the price is expected to react at the $0.415 level and the last charted area at $0.33 and $0.27.
Arztoday Team 🌹
A Study of Perceived Value - MESI'm looking at MES on multiple time frames and I believe the 2hr chart gives some outstanding detail and clarity on what has been going on in the markets as of late.
Using the fixed range volume profile tool and studying consolidation periods we can see that the perception of value has clearly dropped through the end of August and into September.
While I will not speculate on what may or may not have affected the drop and the recent rally, I will say that it appears as though MES has broken out of recent value and the high of it's range at 4019.25. This breakout point has yet to have been retested as a level of support.
A Fibonacci retracement with extensions taken from the high of the range to the low of the range (shown in black) shows prices interacting with the 'golden zone' between the 1.382 and 1.618 - finding resistance squarely on the 1.5 extension.
A second Fibonacci retracement taken from the high of the earlier consolidation area to the most recent current range low shows that price has interacted with a 0.618 retracement.
Together, this is strong confluence of resistance. Another element that suggests a local top (or potential reversal into the prior dominant down trend) would be the indecisive candle. We could use the high and low of the indecisive candle as a potential trigger to enter either long or short positions, respectively and a multi-timeframe approach to either entry could lead to spectacular reward to risk ratios for traders.
The overall picture looks relatively bearish long-term to me. Value has been established at a lower high and lower low than previously and price has retraced back to where it should. There is validation in both Fibonacci techniques that suggest a local top is in. This could lead to a retest of the 4019.25 level near term. If held as support, long positions at that level could lead to very profitable day and swing trades.
We should also note that the POC and value area of the earlier range has not been tested. As a result I intend to look for prices around 4140.00 as a potential target for long trades or a potential entry for shorts. This is, of course, if prices continue upwards in an uptrend.
Overall I'd say that I am leaning bearish on the S&P500 - at least until higher lows are established and resistance is used as support. Such is not the case on the the 2 hour time frame currently. I will say, however, that entering short without a trigger in this current environment seems unwise in my personal opinion. It's a good time for me to watch, understand value and the perception of value, and wait for an actionable trigger that would confirm bullishness or bearishness prior to entering a trade.
Patience pays.
Good luck everyone and Happy Trading!
META (NASDAQ:META) Doubts at fair valueHaving some doubts looking for facebook and metaverse in the short-mid term.
I cannot rely on my opinions and I estimate fair value at $158 with my algorithms running on fundamental data and forecast earnings.
Mr Market and the chart have the last word. Watching actual price is at my forecast fair value, also at a strong trendline (weekly chart) and at 0.618 Fibonacci Level.
This is not enough to buy now. Waiting signals on volume still missing and I want to see a strong rebouncing and accumulation.
If a breakdown will occur below the trendline and 0.618 level, my buy value will be close to $128 that is my estimate fair value less my margin of security (15-20%)
How to use Fundamental Analysis in FX.Fundamental analysis is something that's not overly spoken about when it comes to FX trading. Now, a lot of educators and gurus out there recommend you check the FX calendar and you understand when different news events are due as it is important to be risk off during these times. But very few of them actually speak about how you can utilize different aspects of fundamental analysis to actually gain a confirmation bias in trading.
When I'm trading the one hour or 4 hour charts, I like to have some kind of definition or reason behind what I'm actually investing in. Do not forget, we are buying an asset when we're trading, so you are investing into an asset with an expectation of the value going up or down. Now, while some people play the game of probability based on technical analysis, when I am trading these higher timeframes, I do like to have some reason or at least a good idea on why I want to invest in these certain asset. That is where fundamental analysis comes into it. Fundamental analysis doesn't change very often, it flips and turns once every two to three weeks. However, you do notice a trend after a while of picking what you think is the week and what you think is the strong currencies at the time. Movements on the chart tend end up playing out along those lines, so you can increase your win rate by only taking positions that have the same correlation with your fundamental analysis.
In terms of undergoing fundamental analysis there is a wide range of ways to do it. You can read news and you can get an understanding of what experts are saying about different currencies, what the economic conditions are and even factor into the side of where you are based and understand how the businesses are running in your country. You can be more short term bias and you can have a look at what the news has been forecasted over the next week, which can give you an indication in these different news events whether or not experts are forecasting growth or shrinking. Usually, these forecasts are pretty good.
Once you've read through a number of different articles and you start actually reading what different news means, you will start to generate a bit of a picture on whether or not the economy is going strong, whether the economy is shrinking, or whether we actually just sitting neutral kind of cruising. From here you can determine which pairs you want to be bullish on, which pairs you want to be bearish on, and which pairs you just not really looking to trade over the next week. Then you can dive into your technical analysis on those pairs.
There are multiple benefits to fundamental analysis, not only increasing win rate when you get it right, but also increasing your emotional state while in the trade. I know personally when I'm holding onto trades, if I have that fundamental push behind me as well, I tend to hold on a little bit longer and let profits run as compared to what I do if I'm only using technical analysis.
Using fundamental analysis can bring you an extra edge. It can turn odds into your favor as a trader, don't sleep on it is massively impressive on the results you can generate from using fundamental analysis.
XRP - The Most Undervalued Altcoin BY FARHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
When it comes to investing, we can all take a page from Warren Buffet's book - invest for the future potential value and ignore the price now. Warren Buffet made his fortune by spotting great opportunities early , and talking a leap of faith . XRPUSDT is one of those altcoins that show great promise - but maybe not right now. Founded by Ripple in 2012, XRP has a massive advantage over other altcoins - time. With time comes progress, innovation and most importantly : the establishment of a network. Ripple is the only crypto-presence at the World Economic Forum, you will find their CEO (Brad Garlinghouse) on the website of the WEF. That's a great pluspoint in terms of fundamentals.
In the video, we talk a little bit more about technical analysis with the Fibonacci retracement and local support zones.
Spot this bearish fractal on Bitcoin 👀
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CryptoCheck
More than a correlation coefficient?I am looking very close to NASDAQ:NVDA for years and I am curious, that every time the market goes up, NVDA improves with a steeper angle than the index - at least very often. Of course, the same is true in the reverse direction :-), but nevertheless it looks like some kind of overpressure that makes me believe in this stock in the long run. I don't want to discuss the fundamental reasons, why I think there is still a bright future for NVDA, but it'll be my first project on TradingView to find the right indicator for this overpressure or to implement it. It relates somehow to volatility and together with the correlation coefficient it is a good starting point, but for me it doesn't visualize this kind of price pressure correctly. So let's see, what my first steps in Pine script will yield. Maybe another well-known indicator solves my problem immediately, but again, since I am new to the technical analysis of stock charts, I have no applicable indicator in mind and I first have to dig deeper into all these tools. Any help appreciated!
Crypto101 - What is DeFi & Blockchain ?Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Whether you've just gotten into crypto trading or you're trying to expand your knowledge on what this space has to offer; this post is for you!
Decentralized finance or DeFi, is a financial ecosystem based on blockchain technology. So lets recap, what Is a blockchain exactly?
Blockchain is a software technology, it is basically computer coding that creates a usable service like an app or website for the public. Most blockchains are entirely open-source software. This means that anyone and everyone can view its code. The first-ever implementation of Blockchain was originally written in C++ (coding language). Blockchain and it's possible use cases was first introduced to the world in the Bitcoin Whitepaper, written by the infamous Satoshi Nakamoto (the pseudonym used by the creator or creators of BTC).
A blockchain is an online database that is shared to many computer networks. This means that if one computer in the network fails, the data is unaffected and transactions carries on. It is not dependent on one single data storage facility. As a database, a blockchain stores information electronically in digital format. A blockchain collects information in groups, known as blocks, that holds many sets of information (like time of transactions, amounts etc.). Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. An online database usually structures its data into tables, whereas a blockchain, as its name implies, structures its data into "3D chunks" (blocks) that link to each other. For easy reference and transparency, each block in the chain is given an exact timestamp when it is added to the chain. The revolutionary innovation idea behind blockchain is that it guarantees the truthfulness and security of data and generates trust without the need for a government/private institution to validate it.
Back to DeFi - In centralized finance , your money is held by banks and corporations whose main goal is to make money . The financial system is full of third parties who facilitate money movement between parties, with each one charging fees for using their services. The idea behind DeFi was to create a system that cuts out these third parties, their fees and the time spent on all the interaction between them. Defi is a technology built on top of blockchain - it can be an app or a website for example, which means that is was written in code language by software programmers. It lets users buy and sell virtual assets (like crypto and NFT's) and use financial services as a form of investment or financing without middlemen/banks. This means you can borrow, lend and invest - but without a centralized banking institution. In summary, DeFi is a subcategory within the broader crypto space. DeFi offers many of the services of the mainstream financial world but controlled by the masses instead of a central entity. And instead of your information being filed on paper and stored by a banker, your information is captured digitally and stored in a block with your permission. Many of the initial DeFi applications were built on Ethereum (which is a blockchain technology, but the code is different to Bitcoin's, in other words it operates/works differently). The majority of money in DeFi remains concentrated there.
Lending may have started it all, but DeFi applications now have many use cases, giving participants access to saving, investing, trading, market-making and more. A prime example of such a market is PancakeSwap (CAKEUSDT). PancakeSwap is a decentralized exchange native to BNB Chain (Binance chain). In other words, it shares some similarities with established platforms like UniSwap in that users can swap their coins for other coins. The only difference is that PancakeSwap focuses on BEP20 tokens – a specific token standard developed by Binance .
The BEP20 standard is essentially a checklist of functions new tokens must be able to perform in order to be compatible with the broader Binance ecosystem of dapps, wallets and other services.
PancakeSwap uses liquidity pools instead of counterparties/orders from other traders. A liquidity pool in this context refers to funds deposited by investors – which can be anyone from around the world – into smart contracts for the aim of providing liquidity to traders. With this system, buyers do not have to wait to be matched with sellers, or vice versa. Whenever someone wants to trade one token for another, they simply deposit the token they have into the pool and withdraw the other token they wish to receive. That said, PancakeSwap is not just for swapping coins. You can also take up the role of a liquidity provider (that is, you can deposit tokens in a liquidity pool for the chance of earning a share of trading fees paid by those trading against the pool in question).
Yield Farming is another income-generating opportunity available on PancakeSwap. With this, you can farm for a token called CAKE. So why would you want a token? Tokens are like the money video-game players earn while killing monsters, money they can use to buy gear or weapons. I personally love collecting my Glimmer in Destiny 2. But with blockchains, tokens aren't limited. They can be earned in one way and used in lots of other ways. They usually represent either ownership in something or access to some service. For example, in the Brave browser, ads can only be bought using basic attention token (BAT). I think I'll cover more on this in another post, otherwise this will become a too long read.
Final Thoughts 💭
Even though banks are slow and inefficient (to name only a few of the problems), there is still something that comes with using a bank that crypto cannot (yet fully) offer - guarantees and peace of mind. At least at this point. I believe in a future where blockchain is easily accessible, open but at the same time protects user privacy, transparent, decentralized and safe. But the truth is, we're still far away from that. Blockchain is in its infancy, being used by too many opportunists and crooks. So be careful when you invest in DeFi. The beautiful dream of blockchain still contains too many scammers that have no intention of cutting out banks; instead they want to get to the bank FIRST.
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Mc Donalds. Popular, resilient but overvaluedI’m developing an app using Tradingview data for my stock picking and fundamental analysis.
I get financial data from Tradingview into excel file, producing aggregated statistics and fair value calculation based on estimate of future earnings and discounted free cash flows.
Continuing my search in the best sectors, undervalued stocks that could perform well in the next time. In uncertain times, americans stick with fast food. This stock is popular, resilient, but still overvalued based on my algorithms.
My estimate of fair value is $201 based on forecast earnings and $166 based on forecast discounted free cash flows.
Just I set an alert on the next volume cluster for my reminder
RTN:Lucrative risk reward!They recently agreed to acquire a Mexican style restaurant for £7 mil. With inflation expected to go slightly higher than current levels, consumer spending will definitely go down. Despite this I expect bulls to come in and support the share and catapult it higher from these levels its currently trading at. We are currently close to the all time lows and price action created a bullish formation on the weekly last week.
I look to buy last week's close with ultimate target being the £80.00 zone. Will however take some off the table around the £60.00 zone. Total R is 4.35.
Intel, a falling knife and undervaluedI’m developing an app using Tradingview data for my stock picking and fundamental analysis.
I get financial data from Tradingview into excel file, producing aggregated statistics and fair value calculation basing on estimate of future earnings and discounted free cash flow.
Actual price is near $30 but my estimate of fair value is over $50.
All statistics are ok to me but stock is currently a falling knife and I will wait an accumulation before buying my first position. Next target volume clusters and possible accumulation at $27, $24 and $22.
XAUUSD Bullish scenario H4 TimeframeHey there,
Please first of all note that this analyse is my personal opinion and please do not open any position on that.
Specifically we can see a Strong divergence on H4 timeframe on #xauusd chart. Maybe price see some lows from here but in the end price will go higher because of strong divergences we have.
I will be happy if you share your ideas with me too.
sincerely
Btc Sol usdt usdAmerican Health Information Management Association (AHIMA) – Certified Health Data Analyst (CHDA)®
American Board of Preventative Medicine – Clinical Informatics Certification
Healthcare Information and Management System Society (HIMSS) – Certified Associate in Healthcare Information and Management Systems (CAHIMS)
Healthcare Information and Management System Society (HIMSS) – Certified Professional in Healthcare Information and Management Systems (CPHIMS)
Project Management Institute (PMI) – Certified Associate Professional in Project Management (CAPM)**
DTRUY LONG THE SMART ELECTRIC TRUCK BET$15 before end of 2023. Compared To competitors in the same field daimler has been making trucks since 1896, they have been producing and manufacturing trucks while competitors like NASDAQ:TSLA , NASDAQ:PLUG , NYSE:HYLN and NASDAQ:NKLA don't come close to the years of experience OTC:DTRUY has.
Smarter And Safe Trucks
Daimler will not only be creating electric trucks, they will also be utilizing nvidia's smart driving technology.
Unlike other companies trying to get into the ev trucking business, if Electric trucking turns out to not be a feasible en devour unlike its competitors Daimler is already manufacturing and selling trucks buses and vans across the globe.
Market | Q2FY19 |Q3FY19 |Q4FY19 |Q1FY20 |Q2FY20
Truck Unit Sales (units) |126,474 | 125,382 | 120,745 | 92,468 |57,945
EU30 |19,836 | 19,942 | 21,075 |13,197 | 9,675
NorthAmerica | 54,533 | 53,240 | 45,549 | 35,550 | 20,023
Latin America | 10,215 | 11,569 | 12,139 | 6,996 | 6,208
Asia | 33,982 | 33,550 | 33,382 | 30,651 |17,739
Rest Of the World | 7,908 | 7,081 | 8,600 | 6,074 |4,300
Target Price 19.10
Upside 52%
VZVerizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services, and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.
Etherum 2.0 is COMING... More DetailsHello friends
So finally we will ee ETH 2.0 as soon as posibble.
I want to explain more details about MERGE upgrade
and launch day.
then have a look at some NEWS about ETH 2.0.
lets see again whats Etherum 2.0 and MERGE upgrade?
Ethereum will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain known as MERGE
Right now Ethereum uses the same consensus mechanism as Bitcoin known as proof of work.
This requires miners to validate transactions and keep the network secure.
It is slow, costly, and uses large amounts of energy by design.
Proof of stake is different because it gets rid of miners altogether and uses validators
(people who “stake”—or lock-up—Ethereum to keep the network secure and running).
After the upgrade the only way to create new ETH will be to stake pre-existing ETH on the network
which analysts expect could have a deflationary impact on the cryptocurrency.
Moving to proof of stake will then make Ethereum “99% more energy efficient.
Ethereum Merge expected between 10 and 20 September.
Now lets check some HOT news about this happening:
22 August 2022: CME Group to launch Ethereum options prior to ETH 2.0 Merge
17 August 2022: Coinbase pausing ETH deposits during Merge is ‘not significant’
12 August 2022: Ethereum Merge to take place 15/16 September after Goerli success
I hope this upgrade be successful and after that Vitalik can go ahead
SHARDING mechanism...
More incredible things will be happpen...
just BE patient...
Share me your opinion about this article.
are you like this type of atticles???
so let me know..
thanks