Anticipating a strong performance from the KLCI in the coming week, I'm gearing up for a long position. Recent market trends and positive economic indicators suggest a bullish momentum, presenting a prime opportunity for potential gains. As always, careful analysis and strategic entry points will be key. Stay tuned for detailed trade insights and let's navigate...
Getting ready for a short position on DXY for the upcoming month. When we see signs of weakness in the Dollar Index, we start looking for the best times to enter a short position that will be lucrative. In-depth research will direct our approach to take advantage of this short-term chance.
Nothing says 'Selamat Hari Raya Haji' like preparing to short the KLCI. After all the festive cheer, it's time for the market to face a reality check. As everyone else is winding down from their celebrations, I'm gearing up for what looks like the perfect opportunity to capitalize on the inevitable post-holiday dip. Because why not turn the holiday spirit into...
An affiliate company of Permodalan Nasional Bhd (PNB) has awarded GDB Holdings Bhd (KL:GDB) with a contract to develop a logistics center Shah Alam, valued at RM865.66 million, over three times its market capitalisation of RM304.54 million. The news supports a story from The Edge Malaysia which cited sources and said that GDB was near to landing a sizable...
The state-owned investment firm Permodalan Kedah Bhd (PKB) and Kinergy Advancement Bhd (KL:KAB) have signed a memorandum of understanding (MOU) to develop sustainable energy projects. KAB stated that it will handle the technical aspects and leverage its energy industry experience, while PKB will find possible sites for renewable energy projects and help with...
Taking a bold step and shorting USD/MYR because, obviously, the US dollar is just dying to take a backseat for once. Who needs thorough analysis when you have blind optimism? Let's see how well this genius move plays out!
The April print was recognised as a possible obstacle for the Bank of England (BoE) following last year's print, which signalled the beginning of an increase in inflation pressures that led to another interest rate hike by the BoE. There was an expectation that the decrease in headline inflation before the April 2024 report would reduce the rate of increase in...
Scalping on XAU (Gold) due to its recent volatility and short-term bullish signals. The current market conditions indicate potential quick profit opportunities through rapid, small-scale trades. Target entry: (refer BOX). Stop-loss set at (own preferences).
Due to its strong fundamentals and recent bullish momentum. With ongoing network upgrades, increasing adoption of its blockchain technology, and a robust ecosystem of decentralized applications (dApps), SOL is well-positioned for significant growth. Target entry: $10X.XX, with a short-term target price of $170.XX, reflecting a potential gain of 60%.
Gold gained traction and turned positive on the day above $1,920 after falling toward $1,910 earlier in the day. The benchmark 10-year US Treasury bond yield holds above 4.7% ahead of US data, making it difficult for XAU/USD to gather bullish momentum. Next support on 1877 R/R ratio 1:5
The bank said in a Monday note that trend-following traders on Wall Street, also known as commodity trading advisers (CTAs), are short a record $47 billion of US stocks. The extreme positioning comes after they sold $88 billion worth of stocks over the past 15 trading sessions. "(businessinsider.com)"
According to the most recent Fed Fund Futures probabilities, US interest rates have a 40% chance of being raised to 550-575 this year in either November or December. As expected, headline and core inflation will diverge.
Big Short or BIG NO? Inflation is the new RESET era Much attention is focused on key inflation data , with the consumer price index expected and the producer price index.
Slide to my previous Ideas. GOLD prices still projected to the downside as Fed's denial on interest cut for this year 2023.
The US dollar is flat as Jerome Powell provides no fresh important information. The DXY Currency Index support breakout has been unimpressive thus far, and the Australian dollar is now looking ahead to the local monthly inflation indicator.
The S&P500 rose after the release of minutes from the Federal Reserve's most recent meeting, which revealed members were laser-focused on managing inflation even as they decided to delay their rate hike pace. Officials at the Fed's policy meeting on 2022 December 13-14 agreed that the US central bank should continue to raise the cost of credit to restrict the rate...
My prediction on Kiwi will have slightly bullish in the near term. And projected to be traded lower as DXY strengthened.
Updated with clear technical analysis. Price approaching near term downside. Apart of year end of 2022, a slower pace could be expect and uncertainties movement towards 2023.