A rough idea how this could play till mid April. I do expect unusually disturbing readings on early-warning indexes and ISM since Trump inauguration to finally show up in metrics such as unemployment and CPI. This could weight strongly on the US Dollar. If basic axioms hold true, we're about to witness a major change in perception on the global reserve currency.
A rough idea how this could play till mid April. I do expect unusually disturbing readings on early-warning indexes and ISM since Trump inauguration to finally show up in metrics such as unemployment and CPI. This could weight strongly on the US Dollar. If basic axioms hold true, we're about to witness a major change in perception on the global reserve currency.
With major financial institutions expecting the gold price to sear up to 3,100 - 3,200 USD per 1 oz., I personally think that is a very optimistic scenario. Considering both geopolitical and economical factors that are looming ahead, the most likely nearest stop seems to be around 3,600-3,800 USD / oz. As the investors brace for volatile and uncertain times.
This has been an unusually disturbing prediction that I have ever made, and yet so long expected. It's also probably for the first time, I do it on a weekly chart! The huge question mark here, is how FED will react to stagflation turning into a recession, and to recession with a looming threat to progress further. At some point, they might be tempted to act with...
The U.S. dollar experienced heightened volatility on the day of Donald Trump’s hypothetical inauguration for a second term as president, reflecting market uncertainty around his policy agenda. Below is an analysis of potential drivers for the dollar’s trajectory, incorporating short-term dynamics and longer-term risks: --- 1. Tariffs, Inflation, and the Fed’s...
After reaching 1.61 Fibbo., I do expect a correction towards 2,800 AUX/USD, and in March upward trend over 3,000 AUX/USD.
Buying opportunities for BTC during the first part of the year.
As we all know, soft landings are incredibly hard to achieve... And all it takes through the journey, is one small stone that will start an avalanche. Based on a series of early indicators, it is a well possible scenario for the inflation, to finally show up again in March - which might lead data-dependent FED to quickly adjust its stance on monetary policy. The...
With ISM on record highs and Trump in the office, FED won't likely cut rates on its meeting in January and might signal the possibility on increased rates if inflation raises again. That might send crypto markets into correction, and we might see market participants withdrawing from the equity to treasure or governmental bonds. Gold will continue to soar towards...
Dolorem Ipsum, dolor sit amet... everything is in the chart.
Publishing in retrospective about a week old analysis on minor movement and months-long on the major...
Slightly updated view. According to the technical analysis is above I expect now to confirm 0.382 Fib level around 40k before testing out the upper side of the triangle formation, eventually breaking the pattern to see a small pull-back around 60k, and then heading up towards 100k and 150k-300k (248k) target area by the end of the year.
According to the technical analysis is above, I expect one last dump to around 40k, a small pull-back around 60k, and then heading up towards 100k and 150k-300k target area with the most probable single PT around 250k by the end of the year.
As shown on the simple analysis above, we can expect to see numbers close 300k USD per BTC by the end of the year (2021)
A further drop to the demand zone below 30k is possible as MA200 is pressing on the price from the above and then passing both the horizontal and diagonal resistance and heading up towards the supply zone by the end of the summer can be expected.
We're currently near the bottom. Shouldn't sink much lower. Great buying opportunity. Below the last support, bear market - highly UNLIKELY.
This is extremely risky prediction as the pump is just happing, but this is how do I view the situation just now. Testing upper border of the consolidation channel and the trend-line between 12k and 12.3k is well possible and then, next profit taking at 14k is expected.
With unprecedented steps of QE, as issues by FED and the current U.S. administrative, it's obvious and expected that the consequences won't wait for long. Given the current situation in the world, I expect we'll witness rapid downfall at least till the summer 2021 which might sink by as much as 30%. On the background of upcoming Bitcoin and other cryptocurrencies...