We're looking to take this short to the monthly downside key level shown.
Despite the fact that consumer inflation in the United States is at its highest level in over 40 years, some segments of the financial markets are breathing a sigh of relief since they had anticipated a headline year-over-year rate closer to 7%. On Friday morning, investors lifted their demand for US Treasuries sharply in response to the government's consumer...
With perfect structural reaction to current market technologies and the illiquidity of international DMMS, we may be in for a long break. Some financial markets are relieved, as they had expected a headline rate closer to 7%. The government's consumer price index showed 6.8% annual inflation in November, down from 7.8% in October. It was still above the 7% level...
Yesterday I posted re: Opec. Just as forecasted in this channel yesterday, The most anticipated event of the week, a decision by OPEC+ on whether or not to cease its monthly 400,000 b/d oil production rise, turned out to be a bit of a non-event, with the nations agreeing to remain with the previous plan but retaining the flexibility to reverse that decision if...
Over +43 pips so far in profit with the current downside target being fairly close with the recent push from the DXY as expected when this signal and multiple others were taken in our channel.
The most anticipated event of the week, a decision by OPEC+ on whether or not to cease its monthly 400,000 b/d oil production rise, turned out to be a bit of a non-event, with the nations agreeing to remain with the previous plan but retaining the flexibility to reverse that decision if required. While oil prices initially fell as a result of the revelation, later...
Technical setup with confluences including our preferred reversal zone, clear cut ranging that has resulted in downward sloping wedge/ bearish descending triangle pattern. For those that don't trade 'baked' price action, here's what it is.
1/((EURUSD+JPYUSD+GBPUSD+AUDUSD)/4) Use this for those asking for the g4 equal weight formula. Cheers and best wishes ahead this week all.
See channel for specifics on this short, or the detailed analysis provided for you all in absolute straight forward wins.
Bearish bias as we head deeper into the London session where a nice trade setup for DXY has appeared to be active. NFP Preview shortly
Central banks have considerable power in the foreign currency market. Central banks are primarily responsible for long-term inflation management while also contributing to the general stability of the financial system. When deemed appropriate, central banks will act in financial markets in accordance with the previously specified "Monetary Policy Framework." Forex...
Pre Euro open we see some stiff rejection right around the key-level identified when fCentral banks have considerable power in the foreign currency market. == == 📢 Signal#:3 🏦 OrderType: Sell 💱 Symbol: EURUSD 🇪🇺🇺🇸 📈 OpenPrice: 1.13056 🎯 Old TP: 0.00000 🎯 New TP: 1.12009
Structure hiding well within the last session of trade, as volatility has dried per typical of pre-NY/UK session which are being looked at very closely.
Almost perfection with t forecasting given over the last few weeks, as is inline with the exact trading strategy and style we represent for free on a daily basis! Now, what's the deal with the USD?
Inline with the technicals across the market. The inverse head and shoulder is a classic pattern that forms at the bottom of true lows.