Dear Traders, Happy for you for making in 2023. This year is coming to an end with Head ans Shoulders formation. Traders are ahead of them selfs pricing 50bps cut in 24 March FOMC Meeting. Sell EURUSD as the market will be cutting their bearish bet over the USD. Use stop lose, Bye
The Seasonality of AUDUSD is showing average 50/50 the Aussie will out performe the USD during October, during this moth if the sentiment will shift to a less hawkish #Fed and traders start to price rate cutt by the US central bank. The AUD could surge up to 5% vs the #usd. During the past 10 years AUDUSD performance was like this Gains 5 gaining Oct in 10yr,...
EURJPY has topped and it will reverse back to 149.8
Dear, Having symetry of Megaphone while at the bottom , the RSI is sub 30 will be accurate setup. Kind Regards
Dear, I want to share with you my technical analysis. DXY was rejected by 103.475 DXY is finding resistance by the Daily 200MA. DXY price action are in descending channel and price could fall to 99.69.
CHF/JPY is at new all time high. I'll update this chart with trading opportunities
2023 will be bullish for the USD. I'll be updating this thread.
Hello Traders, UBS sees GBPUSD Fx rate at 1.16 in 03 months. On the technical side , double top formation is cirstal clear. USD is expected to gain momentum.
Hello Traders, By looking to BTCUSD price actions , there is a reversal channel formation, for meduim term, $25K is in the range.
On Dec 15th 2022, Christine Lagarde President of the European Central Bank surprised the market with hawkish tone. Traders started to price risk of tight monetary policy in the EU singale market. It is expected to see lower EURUSD FX rate the months ahead as economic data show slowdown of activities and maybe hard recession.
Hello Traders, TASS the official New Agency in Russia announced this morning "The Russian army deliberately slowed down its advance in the special military operation in Ukraine in order to reduce civilian casualties, Russian Defense Minister Sergey Shoigu said". This news still not be priced by the market, i think any slow down in war is good news for the EUR...
The history of US. Oil/$ chart vs US02Y-US10Y chart (inverted) : show that the cude price is lagging the move of the US. spread between 2s/10s. "Is oil price is about to collaps ? or this time is diffrent because of OPEC+ cutts ?"
Chart labeling was inspired from Nordea Bank. 1. USD Appreciation : when the US out performe the rest of the world. 2. USD Depreciation : when Synchronised Global Growth. 3. USD Appreciation : when the US is in recession or Synchronised Slowdown.
Hello Traders, The Oil price is stretched due to geo-conflict issue and imbalence bteween the supply side and demande side. The upside is limited , the potential is for a correction to down side back to midd $70/b
Hello Traders, Head and Shourlders on EURUSD. Long EURUSD. Use Stop loss. Good luck
Hello Traders , Sell setup on the DXY : Macro Reasons : Inflation is runing hot 5.4% yoy. Negative real yield on US Treasuries: (-1.65%) on 5 years T-Note. Taper base case for Goldman : is 45 % chance the FED will taper on November 2021, by $15bln per meeting speed of tapering , which is split $10bln in USTs and $5bln in MBS. Fed will keep low rate for...
Hello Traders, We are short on bitcoin : Macro Reasons : 1/ Fed will started to taper : Goldman base case is 50% chance the FED will start to taper by the Nov 2021 with $15bn very month untile the September 2022. 2/ Central Banks around the world, started the QE tapering and RBNZ will the first major central bank to rise the cash rate by 50 bps in October 2021...
Hello Traders ; The current current envirnement is stressing bitcoin holders , there is China's Cnetral Bank is putting presure on Crypto brokers and the Chinese governement has banned Crypto Mining activities. Also the US Financial Authorities are warning from losses of holding cryptoasset, the rise of inflation in the US Market is putting pressure on the...