MrKrft

MrKrft Updated 

The S & P 500 just recently left its uptrend we are ranging in since the corona lows. This happens 2 months after FED announced tapering bond purchases and so decreases money supply. I'm therefore expecting an upcoming bear market, technically starting today, accompanied by a further decreasing EUR and GBP.

MrKrft

Usdcad just finished a bearish wave & so got its next bullish phase ahead of it. Usdcad so retests it latest outbreak of its bigger downtrend. The overall direction remains bullish after we broke its bigger downtrend.

MrKrft

S&P just performed a jumpy retrace. But Bearish structure is about to enfold further. Indicators are at max.. Price is at trend and horizontal resistance.

MrKrft

usdcad broke its uptrend & just entered its bearish cycle phase, we can awaite a bearish continuation into christmas from now on. we are at trend and horizontal resistance now, this is a probable turning point.

MrKrft

we can awaite a little bit more of continuation: S&P just came back extremely impulsive out of its latest bigger correction, there is some time left and there is some big momentum that needs to be built down, its likely that we see a breakout, indicators are also not fully at maximum yet, some futher momentum is likely, the probability for a consolidation...

MrKrft

bitcoin broke itrs uptrend its ranging in since mid of july this week, meanwhile usd is constantly gaining strength due to FED tapering i dont think bitcoin can meet its ambitious targets in this environment i also anticipate bitcoin will likely break its last trend support i highlited red in the chart

MrKrft

chart says it all. we are leaving today the super strong downtrend usd has been trading in since the corona pandemic started. We will look closely how this evolves.

MrKrft

S & P just delivered a rarely stunning bull run, it is very time for a break

MrKrft

i discussed earlier the new outlook variations for eu eu took a strong decision today, we strongly sold off the trend resistance of our new downtrend, so the trend can seen as being in place now

MrKrft

euro is about to leave or confirm its new developed downtrend we are trading in since early this year. new momentum is going to be built, this trendline guides its direction

MrKrft

531 days after bitcoin halving bitcoin turns bearish ...

MrKrft Updated 

eu is currently printing an ending diagonal formation, time to break it to the upside ...

MrKrft Updated 

upcoming month in eu will be bullish

MrKrft

eu price target for october is 1.1910, we have fibo time, fibo price , horizontal and trend resistance coming there together

MrKrft

my opinion on eu is still unchanged. chart says it all.

MrKrft

FED continues QE and purchasings of the FED remain unchanged, meanwhile inflation is slighty below the expected targets and the economy is doing very well, while not being yet there where it should be, according to recent FED statements, so QE can be expected to be continued and interest rates remain unchanged until somewhat in 2022. Money supply remains gigantic...

MrKrft

We are currently in a eu long position and waiting for the first impulsive wave to fully develop. Estimated high of the first impulse will be end of September, around NY Session on 29th. I inverted this chart.

MrKrft Updated 

thursday last week there happened a strong sell-off in the bond market. this caused to spike the usd significantly. most forex traders were surprised by that move. a further sell-off in bond market is to be expected, if the Fed announces to start decreasing the back-buying of bonds. such a happening was probably started to be priced in by some market makers....