Consumer Confidence vs INFLATION The Red Phase was the fall of the CC which lead the Inflation data fall. -> Of course, when consumers doesn't trust the market, spending fall. The Yellow Phase describes the effect of the CC falling: IF FALL. As leading indicator, the rebound of CC show the expansion which is represented by the Green Phase. -> As we can see,...
Waiting for an intervention of the BOJ seeing their 10Y going to the moon and the JPY value 4 pen discounted. An out of "negative policy" by the BoJ could push to $102.125 in the years. I see EURJPY and GBP short too. AND 10Y JP BONDS will be a good investment on the long run.
Gold acting negatively correlated to the USD King. US Economy resilience push the rates cut away which encourage the gold decline. 1) US Economy signs of weakness will push gold up. 2) FED cut rates will make GOLD so bullish that $2070 resistance will not exist anymore.
Double Position on EURAUD. Australia are late in the inflation stages and because of it in rates. They are envisaged to hike rates which will push AUD up and in front of that EUR are getting a soft landing, finished rates hiking and will soon cut. Market sentiment envisaged a Euro Area cut sooner than other majors currencies which will decrease the euro...
Double position on eurusd since US Economy slapped Powell
Hello Investors, Here is my DXY/BTC Analysis. We know now that the US dollar is directly correlated negatively to Bitcoin. DXY: We can see a RSI Short Divergence in short term (October-November). This going to be a short correction before a future pump mostly affected by an excepted rising of the Interest Rate of the FED. Indeed, Wednesday, the good Employment...
Here is my BTC View for the next months. I am absolutely bearish on it and this is far from being a bottom. New lows should be created in the future.
Here is my setup for the GBPAUD in Daily. This is not a financial advice, you are free to do everything you want. The descending channel has been broken. and the renounce is now observed. I think that a Long Position can be take from there.
Here is the position that I took on the Gold on November 15th. Indeed, since my entry, the gold fell for 4.67%, but is it the end? We arrived on a big support level (green area). Should we close our positions?
Hello community, The future of the Shiba is engaged now. We saw few important steps that Shiba overpass as 0.00003000 and 0.00003750. Sadly the dog coin gonna retest the second step in few days: 0.00003750. We can see a triangle and his hypotenuse is pushing the meme coin down. For me, two possibles solutions can be found in this situation. 1) Shiba community...
The Doge returned to the ascending channel as planned. In fact, we can see similarities between the past explosion of April 2021 (green zone). The Doge exploded, was corrected and retested the highest point, then returned to the initial ascending channel to develop more slowly. On May 4, the Doge exploded a second time and made the same movement (small correction,...
We are in a delicate area with a lot of support and resistance. Personally, I will wait few hours or days before taking a safe position. If gold breaks the bold line resistance, it will surely hit the blue resistance. On the other hand, if the gold breaks the bold line resistance, it will hit the strong green support.
Today, I did a simple analysis of the gold/US dollar. We are in a descending channel and almost touch the support. I expect a rebound the channel support's. That is a simplified aspect of the gold chart. Good luck for your trades.
Hello Traders Community. This is my US dollar/ Canadian Dollar expectations. I have already taken 2 profitable positions before I share this analysis with you. The first took place February 19 when the candle broke both resistances. From there, I opened a short position to the support. Once the support hit, I took a long position on February 24. We have a solid,...
So we are in a Long Range since October 14th of 2020. We almost touch the resistance so we must be prepared to drop to the support line in few days. I expect that we must drop to the yellow area around 0.69600. Also, the RSI is overbought and the Stochastic too. Wait for a drop. Good luck for your trades.
Hello Community, I did a weekly analysis of the Euro/Australian Dollar. We are going to touch the Annual Strong Support (Bold Line). This gonna be an interesting long position to take due to the excellent Risk/Reward estimated at 8,30. I posted this idea in a weekly view for you can see the past impulses: - August 2012 - March 2017 Tell me what you think...
My NZDJPY Analysis for the next weeks. We just touched the resistance of the range so I took a Short Position to the Support 72.203. I publish my idea in a daily view for you can see the long range. I took the same position for the NZDCHF due to the same graphic and the correlation 91.7%. Good luck for your trades