Euro has been completely destroyed by GBP money market rates. As of now all expectations have been released and further hikes may be required. EURGBP has been trading in the same price for 3 weeks and is starting to turn the tide. The market seems bottomed out.. as long as UK inflation data and employment data does not show hotter than expected data, then EUR...
INTC had some bullish catalysts and is overall a great company. I like the stock, i buy. The overall market might be overbought right now and jumping in at the current price might prove to be unprofitable. This is why we break this trade down to four different steps. Phase 1: Wait until short term price goes from uptrend to downtrend. Phase 2: (Optional) Short...
This weeks macro calendar is light on news and the market has time to digest previous weeks news cycle. FEDs next rate cycle will heavily depend on data and the market has priced in of a 66% chance of a July rate hike for 25bpt hikes. ECB has signaled clearly that they will continue to hike despite EU industrials slowing down. The labor market and wages growth...
INTC has been performing lately in accordance to other semiconductor companies in the sector. The stock has been underperforming the market because of various market and management issues. I believe INTC will gain a larger market share in various industries by 2025 and by then the price performance gap will be closed between other semiconductor companies....
EURCHF has been down-trend for some time. The currency recently exited a distribution phase and reached a new high. This is a opportunity for euro bulls to long the currency pair.
JPY is in a technical correction and is reaching local support at 139.9. I think this FOMC meeting officials will skip the rate hike and project hawkish sentiment for the next meeting. Some other reasons for dollar strength have also subsided. A lot of this trade is dependent on the idea, that US inflation is going to be flat or lower then expected. This will...
There is much upheaval about the world economy and uncertainty looms from banking sector to China reopening. I think China is a big question in the markets now. Everyone expected China to boost world GDP, but it is failing in reopening its economy. Since China problems are multi-faceted. Lowering interest rates will provide stimulus, but the banks are...
Eurodollar is seeing some stabilization in this price area. There is a support level around the 1.07 from last weeks price action. Consider buying the currency and selling in the 1.08 area. This week ECB and FED meetings are up. While ECB hike is certain, dollar hike has a 30% probability and it wont probably realize, so there is some euro upside not currently...
Gold seems to be in technical a correction. US debt crisis has been avoided, releasing some pressure from gold bulls.
Hawkish comment from ECB and debt ceiling solution boosted the euro for some while. US strong labor market and weak EU economic data keep the euro in downward direction. This long is on a presumtion, that there will be some sideways movement before new economic data. EUR is nearing its technical price lows. Countertrend trade, be cautious.
Dollar has been gaining strength as a safe haven asset. New technical lows near important price level. A couple of reasons to short BTC to new propable low near 25500-25000.
I am shorting eurodollar as euros countinue downtrend in nearterm. If price hits 1.0650, i will consider stop all shorting activites and watch the market. EURUSD is nearing its lows already, so tread carefully.
Gold has priced in economic and geopolitical uncertainties and seems to be going for a correction. While US debt ceiling has remained, historically defaults dont happen. On the chart is a setup for gold short.
Euro is in a technical downtrend supported by fundamentals. On the chart you will see a setup for euro short with entry, stoploss and takeprofit.
DXY has shown strength against euro and yen. Fundamentals support US economy and labor market while euro industrials show weakness. Tread carefully since alot of uncertainty around debt-ceiling. Chart includes a entry, stoploss and take profit.
Long USD against JPY, since fundamentals look strong for dollar and weak for yen. The chart includes a setup for dollar long.
Hello Traders! Looking forward to bring you some juicy EURUSD analysis. ECB will be hiking rates for euro, so the currency will most probably start to strengthen in the next half year. As of right now euro is hitting multi year lows since 2017 and 2015 because of difficult times regarding world economies after covid and the Ukraine war. We are in a major support...
Hi Traders! This is my first analysis on my account and i am really exited to bring you this. Today we are looking at BTCUSD developing a counter-trend on a daily chart.The price on lower timeframes have stopped trending down and it seems more timeframes are turning bullish. This means we have a chance for a counter trend movement. As of right now bitcoin is...