The FOMC meeting last night failed to produce any indication of new easing measures from the Fed, an initial disappointment, but one that was quickly wiped away as Powell and company entirely failed to indicate any concern with recent market developments. Elsewhere, GBPUSD is breaking above major resistance on fresh...
Podcast: Fresh “everything up” (except US treasuries) surge post-FOMC
Today we run through last night's FOMC meeting and how quickly the market brushed off the initial disappointment that the Fed is not ready to roll out new easing measures this time around. We also look at the surge in Bitcoin as institutional money is getting involved in the space,...
Market Quick Take – December 17, 2020
Everything is up, save for sideways US treasuries in the wake of the FOMC meeting last night, as the bulls saw nothing to fear in the very few changes to the Fed monetary policy statement and somewhat more optimistic Fed economic projections. Bitcoin has exploded to strong new gains as...
Breakout Identified in USDJPY
The Breakout Opportunities system has just sold USDJPY at 103.255. The system recommends entering this trade at any price between 103.134 and 103.415. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 3.949, suggesting that the USDJPY may have further...
XRPUSD pulling back to trendline, more upside !
XRPUSD pulling back to trendline, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a...
XRPUSD pulling back to trendline, more upside !
XRPUSD pulling back to trendline, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a...
USDJPY reversing towards our Pivot point, potential for drop
USDJPY is approaching our pivot point where price may continue its bearish drop. Trading FX & CFDs carries high risk.
USDJPY reversing towards our Pivot point, potential for drop
USDJPY is approaching our pivot point where price may continue its bearish drop. Trading FX & CFDs carries high risk.
Trend is your friend
Uptrend of gold looks to be supported by 200 day moving averageBetween Q4 2008 and Q1 2011, spot gold (XAUUSD) recorded an unprecedented 12 consecutive quarterly gains posting 86% all the way from $870 to $1,624 – high being $1,921. One of the major triggers of this near 3-year rally...
FX Update: A few last thoughts ahead of the FOMC meeting
The FOMC meeting tonight will help reveal both where the Fed is in its thinking as it observes its effect on both the economy and of increasing importance, on the financial markets. There is certainly room for the FOMC to disappoint on the hawkish side by indicating no urgency to...