DaveBrascoFX

DaveBrascoFX Updated 

S3 13215.8 S2 13240 S1 13251.1 R1 13275.3 R2 13288.4 R3 13312.6 My current strategy Bullish I asked chatgpt how she sees US100 of the future. And the answer is not too far away of my researches. I tried to visualize chatgpt answer The blue cuve is the pojected price developement by chatgpt. A little fun factor, so dont take it seriousely and letS STOCK TO...

DaveBrascoFX Updated 

However, June inflation numbers from China will move the dial. There are no economic indicators from Australia or New Zealand to draw interest this morning. The lack of economic indicators will likely leave investors to consider the US Jobs Report and sentiment toward the Fed monetary policy outlook. Later this morning, inflation numbers from China will draw...

DaveBrascoFX Updated 

Prices are turning bullish on the daily charts with the first key level of interest around 1.7800. This is just above the 200-day Simple Moving Average which could act as a very tough resistance. A strong breakout above this point could encourage an incline toward 1.8100. Alternatively, sustained weakness below 1.7800 may signal a selloff towards 1.7350. Pound...

DaveBrascoFX Updated 

Iran’s currency hits record low amid tensions with the West Depreciation of the rial comes amid boiling tensions with the West and continuing protests in Iran. On Sunday, the United States dollar went past the 450,000-rial mark for the first time on the open market. On Sunday, the central bank said it will soon raise the maximum amount of currency that can be...

DaveBrascoFX Updated 

Iran’s currency hits record low amid tensions with the West Depreciation of the rial comes amid boiling tensions with the West and continuing protests in Iran. On Sunday, the United States dollar went past the 450,000-rial mark for the first time on the open market. On Sunday, the central bank said it will soon raise the maximum amount of currency that can be...

DaveBrascoFX Updated 

Turkish lira fell to new marginally lower record low in early Wednesday, as Turkish June inflation data sparked fresh weakness of the currency. Monthly inflation rose by 3.9% in June, below 4.8% consensus and annualized figure was also below expectations (38.2% in June vs 39.4% f/c), while consumer prices were slightly below previous month’s figure (June PPI...

DaveBrascoFX Updated 

Technical Analysis Trend Bullish Weekly Long Daily Long 10H Long 4H Long 2 H Long 30min. LONG Strategy Bullish My Trading Conditions and my Rules(This are the Rules I follow,and they are no financial adivice for others) Trade Consditions Higher Highs Higher Lows Trade Rules: Taking only Buy Signals Trade Rule 2: Only Buy Signals Trade Rule 3: Exit only, if a...

DaveBrascoFX Updated 

Technical Analysis Trend Bullish Weekly Long Daily Long 10H Long 4H Long 2 H Long 30min. LONG Gold Bullish Strategy Bullish My Trading Conditions and my Rules(This are the Rules I follow,and they are no financial adivice for others) Trade Consditions Higher Highs Higher Lows Trade Rules: Taking only Buy Signals Trade Rule 2: Only Buy Signals Trade Rule 3:...

DaveBrascoFX Updated 

45 degress; Andre Kostolany called this conditions as the perfect healthy trend that will continue longer than expected! strategy bullish trend no profit taking The trade is over ,if the trend conditions change Argentina’s experience after the collapse of the peso ten years ago supports the view that Greece, and perhaps other peripheral economies, would...

DaveBrascoFX Updated 

bearish start to the week, with hawkish central banks and growth fears continue weighing on investor sentiment ahead of a busy week. The theme remained the same, with investor jitters over the economic outlook weighing on investor sentiment. There were no economic indicators from the region to change the mood. Market Overview It was a bearish morning session for...

DaveBrascoFX Updated 

Like Hong Kong 50(See the Idea here bearish start to the week, with hawkish central banks and growth fears continue weighing on investor sentiment ahead of a busy week. The theme remained the same, with investor jitters over the economic outlook weighing on investor sentiment. There were no economic indicators from the region to change the mood. Market...

DaveBrascoFX Updated 

The international capital movements continue to be driven by carry trade opportunities. For hedging the debt ceiling event risk, traders like BRL, CNH, and JPY, where the first two provide the right beta to equities. While BRL provides a carry cushion, it is a bit more overvalued in some of our short-term models than CNH. The upside for CNH is likely viewed as...

DaveBrascoFX Updated 

Bitcoin Cash (BCH) soars in value thanks to surge in crypto trading volume in South Korea Bitcoin Cash (BCH) has seen a significant surge in value, crossing the $300 mark, fuelled by rising crypto trading volumes in South Korea. The BCH/KRW exchange pair listed on Upbit, one of South Korea’s largest digital asset exchanges, saw a trading volume of $557.63...

DaveBrascoFX Updated 

Weekly average price above Monthly Resistance 1.09329 is now support1 Support 2 is 1.07745 A break below 1.077745 is bearish trend(red arrow) AUDNZD could close 3days in row above 1.9 support zone Many technicians will recognise this as a potential trend reversal to the upside. Fibonacci enthusiasts may also acknowledge that the dynamic value, which may...

DaveBrascoFX Updated 

Grayscale Writes To US Court Over SEC’s Unequal Treatment Of Bitcoin ETFs Grayscale Investments has called out the SEC for approving Bitcoin futures ETFs over spot Bitcoin ETFs The DCG subsidiary recently penned a letter to a Columbia court to highlight the SEC’s unequal treatment of BTC-based ETFs.  Grayscale’s letter came more than a year after it sued the SEC...

DaveBrascoFX Updated 

Oil prices continued to trend lower in morning trade in Asia, with WTI heading toward HKEX:78 and Brent moving closer to $82. Canadian Government Admits It’s Short Tens Of Thousands Of Oil Workers The Fed has repeatedly indicated that is it not done with rate hikes, which traders see as countering any growing demand from China. Time Frame: 1D Current Trend:...

DaveBrascoFX Updated 

GBPUSD You can find me on tradingview.com Strategy Bullish The British pound held firm around $1.28, staying close to its peak of $1.2848 recorded in June 16th, as hotter-than-expected inflation numbers raised anticipation among investors that the Bank of England would respond to the persistent inflationary pressures by implementing further interest rate hikes....

DaveBrascoFX Updated 

strategy trend bullish Interested to trade Iranian Rial Pairs? Then watch and read the following analysis,to: EURIRR long EURO IRANIAN RIAL Bulls attacking again LONG JPYIRR SHORT JPY weakness continues:Strong bearish SHORT IRRJPY LONG Iranian Rial getting stronger vs Japanease Yen LONG The U.S. “maximum pressure” campaign has decimated Iran’s oil...