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DXY US political developmentsUS political developments and their impact on the dollar : Here is a principle for you to remember: The value of the dollar decreases during the Republican era and increases during the Democratic era. Of course, this is done with a certain time priority after the elections. This is a long-term priority for the transition from Republicans to Democrats. That is, prices will last until they form a reversal. As I publish my analysis of the dollar index, Joe Biden has been declared the winner of the US presidential election with 290 electoral votes. Do not forget that it will take time for the dollar to appreciate after the Democrats came to power! And the price continues to decline for some time. This means that the scenario you see in the chart is possible. And the target can be touched. Of course, note that this is just an analysis and probability and a hypothesis! But it can give us a good perspective on doing the right thing.
TVC:DXYShort
by mr_index
End of the world news N°16> Ubisoft recent game: includes evil organisation UMBRA with similar narrative & same symbol as BLM. That timing! 😂 *********************** Ubisoft, a really solid & smart company, with great user experience, that holds its promises, has great servers that work really well, treats the licenses it buys with respect and does not destroy them, has recently published a game at the best timing (need to release it for Q3). So their game (phone game), a Tom Clancy game, 1 of the rare license that survived Ubisoft, contains a terrorist organisation called "UMBRA" that are anarchists. The opening sequence of the game shows "peaceful protestors" setting fires and insulting and fighting police. Holding signs "power to the people". Behind the peaceful protestors there is UMBRA, that uses a black raised fist just like the BLM one. They also have some A anarchist imagery that reminds us of Antifa. The company, that was already under fire for its corporate practices (not just towards clients but inside the company), has been called fascists and so on, even people working for them (or a branch) have run to their little keyboards to rage at Ubisoft. I do not know if they made the game before 2020 and then just released it at the best time, or if they tried profiting of the news. The whole situation is funny as much Ubisoft move as the angered reactions. Some might say that if 1984 was published today it would get banned. > Quebec & Australia to send anti-lockdown protestors & uncooperative citizens + families in concentration camps. 🤨 *********************** Who could possibly have seen this coming? "Liberal" (LOL!) Australia & Canada (Québec) are planning to send anti-lockdown protestors & uncooperative citizens to "secret detention facilities". I think it is safe to call those concentration camps, or gulags. Canada is already known for their ultra-authoritative handling of the situation. Both government and companies. A plane fight in Canada (from westjet) got cancelled because a family refused to have their 19 months kid wear a mask. The enlightened crew got angry and tried to force them to comply because "it is the law" (no it's not). The flight got cancelled and the sheepish passengers raged at the muslim family, shouting islamophobic slurs. So we can assume those people are all idiotic sheep, and think this mask is good, but on a 1 year old? Doesn't sound weird? How about 1 month? Where does their tiny brain go "dring dring"? Never? Most of us learned of 20th century gulags and concentration camps and how "if it is accepted man is capable of any evil", people were skeptic. Well craziness is happening now. When I was a teen I always thought I would not fall for it. "He thinks he knows things". "He has superiority complex". Oh ye? Here we are. And as predicted, call me arrogant they ARE beneath me. Pfff exactly as I thought, go figure. Just wait, in decades. In hindsight "every one will have known from the start". Pisses me off when I see lesser plebes laugh at "stupid primitives and middle ages" thinking they are better and not knowing history gets compacted. The corrupt politicians that are about to fall have the support of the scared sheeple. The scared sheeple that try so hard not to touch anyone and stay far away. I wonder how many of them are aware that we are basically in constant contact with all of the cold viruses. How do they think people that spend time alone in the cold end up sick? Santa brings the virus to them at night? The things I could show these hypochondriacs that would scar them for life :D Did you know we all have nightmarish looking "worms" with plenty of legs that live in our eyelashes? Your face is full of tiny arthropodes. Think of them as tiny spiders. Do you often feel tickles in your eyebrows and need to scratch them? (: Oh and take my word for it: Cook your meat. Well. Especially pork (or just don't eat pork). They do not even understand the concept of external immune defences or even just basic probabilities. > "Green" french mayor is cancelling the town christmas tree because of "the suffering of poor little trees". A sect? 🌲 *********************** "Mass delusions". Sheep behavior. We call it "mode" in france. I think the translation is "fad" but not sure it has the exact same meaning. So in france the greens have this long term fad and they keep pushing it further. "De la surenchère" meaning always pushing it further, always trying to be more virtuous than previously. It really reached the ridicule stage. Euphoria. Back in the late 1790s in France after the terror that followed the revolution, people needed to let go, and there were different fads, including the "merveilleuses", these ladies wore extravagant costumes and were inspired by pagans & ancient greeks. They kept escalating it, and the craziest, er I mean coolest, ended up wearing full transparent dresses. There is a famous engraving showing a blind man tearing the dress of one of these mentally stable ladies and her being shocked "oh no every one can see my behind". That was the top of the bubble by the way. The movement started a "bear market" after the public (conservatives I guess) were outraged by the "liberal liberated" women or whatever they called them back then. Same old story. The greens are at this stage. Even sheep have to start thinking "ok this is too much" right? As we know, with everything, "the market can stay irrational longer than you can stay solvent", so the greens can get crazier before the bubble goes boom. French greens at the moment are fighting to find out who is crazier, and looks like Bordeaux mayor is at the top: he cancelled the town christmas tree calling it "a dead tree" and whined about the effect man has on nature. I'm just watching this whole circus with my imaginary 🍿. > Anti vaxxer hating & belittling democrats: Trump promoted a covid19 vaccine, so now they are anti vaxxers too. 😉 *********************** Another big surprise kappa. Democrats, some of which have been leaked saying "we need to keep schools/the economy closed until the re-election", known for being very violent towards anti-vaccination people - some will remember how all "conspiracy theory" and "vaccine skepticism" was demanded to be banned from amazon. Well as you'd expect Trump said he'd have a vaccine ready soon, and was positive about it so now obviously all democrats are strong anti-vaxxers. "Oh noooes we can't have a vaccine this fast other ones took years". "Oh noes there might be secondary effects we should make sure before using it". "It might not be safe". "Who knows what is in this vaccine". Sounds alot like the type of narrative they worked so hard to censor. I'm really tired of these animals. Why must Europe, EUROPE, across the Atlantic!!!, take decisions because "Trump said". I'm not an American. I do not care what Trump said. Stop telling me how Awful Trump is. Stop taking decisions based on what Trump said. "Trump talked positively about Chloroquine, quick let's ban it in France". "Trump is against lockdown, ok every one at home now and for the next 3 months". "Oh its the elections in the USA again every 4 year, time for Europe to have BLM riots". "Trump farted, now farts are illegal punishable by death". About time these babies got cut off mommy's milk and start focussing on their own countries. Of course this election is more important to them, the outdated 1945 world order is over and these bagholders can't let go. And it's easier to win a civil war/impose a dictatorship when you control a country nuclear arsenal, and the army but they won't have that. Can burgerland kill each other soon? It's getting time for their regular civil war so please hurry up, and european countries can have their weaning. > American ignorance: 20% of NY gen Z & millenials think jews organised the holocaust. 58% cannot name 1 camp. 🤤 *********************** Back a decade or two ago Europeans thought Americans were fat lazy ignorant idiots. Stereotypes are bad. Nah just kidding this is true. Fatmericans 18 to 39 of in New York have been asked a few questions recently, and oh is it bad. Maybe they are complete neo-nazis, but from what I saw (Mark Dice interviews, television, you know... the internet) I think they are ignorant. 2/3 of them have no clue where France or the UK is on a map. 11% cannot even locate the damn USA. There are so many stats like this. 28 percent of respondents in New York believe it is acceptable to hold neo-Nazi views (no idea what this means), hey so maybe they're fascists and not just ignorant? In any case you can't fight "progress", and WW2 is far from memories and slowly disappearing. There are 2 things here: 1- Young Americans are completely ignorant, makes you wonder what is in their head. No idea what the 4rth of July is seriously? 2- The old global liberal world order that was a consequence of the traumatism of WW2 is fading away. The USA has had a civil or major war at regular intervals, I will make an idea about it. It's way too precise to be a coincidence. Politicians that think "nationalism" or whatever is the only way for wars/pain to happen and that globalism is the ultimate cure to everything are obviously braindead morons that learned something by heart at school and are incapable of thinking for themselves (as their pathetic handling of the coronavirus crisis has proven). > Ethiopia is printing new magic beans replacing old ones "to fight crime". Personal request: please call it "Birr Forte". 🖨️ *********************** Ah, let's end on magic beans. Ethiopia, that have had a double digit official inflation (reality might be higher) for the most part of the last 2 decades, is printing 200 magic beans denomination bills. "For security reasons and to fight crime" lmao. "Hoarding". "Counterfeiting". "And other ills affecting the economy" Try not to laugh challenge failed. Has nothing to do with being over-conservative, having a history of communism (74-91), huge corporate taxes and regulations, or their diversity system (the country is organised in an ethno-federal fashion), having one of the lowest economic freedom indexes, being in the bottom of the list of countries where to build a business, oh and making it straight up illegal for foreigners to do anything involving money (banking, insurance, investing...). Not exactly an "open society" as George would say. What is interesting about this is that the population only has 3 months to replace their ponzi pieces of paper with new ponzi pieces of paper. In today anti-racist world I feel bad mentionning this country. Why? Because of 1 fact I doubt 99.9999% of americans know: the word comes from ancient greeks. "Ethiops" (how it sounds not how it is written) means "burn faces" (because of dark skin). We should cancel this country for having a racist name. Here is the chart of their wonderful currency. Few countries are poorer & have a worse HDI than them. They used to be at the very bottom I think, but now they got a solid dozen countries that are even worse. Other countries & history keeps showing every one how too much communism, too much conservatism, too much liberalism, too much pumping stocks even, and so on, is bad. But hey, those small heads don't have the space to contain Miley Cirus lyrics AND all these complicated facts. It's not every new generation (10-20Y) but every new GENERATION (50-100Y) goes through the same thing it seems. And new kids (generation 10-20Y) repeat the exact same things as the kids before. It never ends. They were just born and have no clue but sure, they know everything, and have no hindsight bias at all. And add to this clowns think "liberalism" actually means liberalism... And that's far from the stupidest thing they believe.
TVC:GOLD
by MrRenev
1
KEY ECONOMIC REPORTS TO PLAN AND PROFIT FROM TRADING INDICESOANDA:NAS100USD A quick search for Actionable economic data results in overwhelming results leading to analysis paralysis. Today we'll list some of the reports we watch out for and hopefully you'll profit from the same 1.Non-Farm Payroll Top of our list is NFP Monthly report showing changes in U.S. jobs. Drives Fed policy and indicates economic growth. 2.Earnings Releases Lists changes in earnings of publicly traded companies, which can move the market 3.CPI (Consumer Price Index) Measures inflation or cost-of-living changes through average price of a basket of goods and services. 3.Federal Reserve open market operations Indicates the buying and selling of securities by U.S. central banks as a tool of monetary policy. 4.U.S. Unemployment Report Presents U.S. unemployment rate as percentage. Drives Fed policy and indicates economic strength. 5.FOMC (Federal Open Markets Committee) Determines U.S. monetary policy and whether to move the key interest rate. Drives stock market movements. 6.Industrial production Tracks change in monthly raw volume of industrial goods produced. 7.Inventory reports Tracks changes in oil and natural gas supplies. Impacts energy prices paid by consumers.
OANDA:NAS100USD
by HURSTCAPITAL
GUESS Key Level Broken| Bearish Retest| Volume Climax Evening Traders, Today’s technical analysis will be on GUESS, breaking major structural support and confirming a bearish retest, Points to consider, - Bear Trend (consecutive lower highs) - Structural support breached - Confirmed S/R Flip - RSI oversold - Stochastics in lower regions - Volume climax evident GUESS has been in an established bear trend with consecutive lower highs, a new local low has been confirmed with its recent wick down. Weekly structural support has been breached; this is a high timeframe support, broken with convincing volume with a confirmed bearish retest. Bulls were not able to break above the now resistance – confirming the S/R flip. RSI is currently oversold; a reversion back to neutral territory is highly probable. The stochastics on the other hand is in the lower regions, can stay trading here for an extended period of time, however lots of stored momentum to the upside. Volume climax is evident, signalling a temporary bottom is in; however this is likely to change due to the confirmed S/R flip. Overall, in my opinion, Guess is likely to test lower lows upon breaking key structural support. This is also combined with the greater economic situation; the retail sector is largely hit. What are your thoughts? Please leave a like and comment, And remember, “Don't blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah
NYSE:GESShort
by AzizKhanZamani
2
xauusdThe ounce will certainly break its previous ceiling in the future between the period of 6 months or more, which will be increased by the deep global recession. But now, with the emergence of the corona virus, its global price has risen, and the news of its destruction over the world gold price will certainly see a temporary drop. The bullish and bullish targets for gold have been identified. Major and minor support and resistance have been identified. Be successful and profitable
FOREXCOM:XAUUSD
by mohamadjavad7m
2
GBP/CAD Market Situation And Future Swing ProbabilitiesPositive expectations for the upcoming U.K. general elections could keep sterling supported throughout the session, especially if polls continue to confirm the Tories’ lead. A couple of medium-tier reports from the U.K weren't actually impressive. Monthly GDP was above the previous but QoQ and YoY were lower than previous no good changes. The construction site wasn't doing good. Industrial Production and manufacturing were only better than previous but trade balance ended up the deficit for the Oct. Economic release were mix but the prospect of more opinion polls confirming a lead by the Tories may have some weight reason to push the pound higher on this cross pair.
by Anatta0
S&P500 gains despite economic data worsening S&P500 reaches a new ATH. However ISM/PMI Data out of the US speak a different language. After we have already witnessed a global slowing and contracting of the economy with many countries having PMIs under the 50 level for quite some time now, the US has now followed this trend that has been going on for over a year. PMIs again came in lower today and under the important 50 mark, which means in the contracting area. We have now 3 readings in the PMIs under 50 over the last 3 months, signaling that the situation is not just a statistical outsider but a trend. I am expecting the US market (S&P500) despite worsening data still to reach potentially the 3200 level. However these gains are driven mainly be the expectations that the FED can turn things around like always. Should we reach the 3200 level and economic data has not been improving until then, I am expecting a bigger 3 Wave correction to start from there, potentially even a correction that could be correcting the bull market which has startet in the year of 2009, this could happen if despite FED interventions the Economic Data doesn't improve. Hence expect a correction from the 3200 level, the size of the correction then will be unfold on weather the FEDs interventions are successful or not. Either way I am expecting that it will get very interesting soon keep the markets under close observation. Good luck!
TVC:SPX
by JonasBenjaminFriedrich
Markets took a break, pound tested 1.30"Markets took a break" the lack of high-profile news and frankly difficult weeks contributed to that yesterday. GBP has tested 1.30 against the dollar. As we expected unsuccessfully since a successful test requires positive news from Britain. Johnson’s attempt to accelerate the negotiation process did not bring home the bacon. Parliament refused to re-vote on the approval of the agreement. Motivation: the decision was already made on Saturday and it makes no sense to discuss the same thing again. However, Johnson does not give up trying to take the UK out of the EU on 31 October. We are rather sceptical about this and are waiting for a delay for another 2-3 months. Nevertheless, the general feeling of further leaving hangs in the air, so buying pounds in the daily lows area still seems to us to be a good trading idea. In the end, the growth potential has not yet been exhausted. Another promising idea, in our opinion, is the sale of the dollar. But recently, we see more and more reasons to start a downward dollar rally: rates in the US are falling, economic indicators are deteriorating, US exporters continue to suffer due to a strong dollar (in the current reporting season, at least 16 leading companies have complained about problems with profit due to for a strong dollar), in addition and do not forget about the structural problems of the US economy (public debt, chronic trade deficit and trillion budget deficit). So we will continue to look for points for selling the dollar in the foreign exchange market. Canadian retail sales figures are what we are waiting to come out. Especially because the Canadian dollar has recently strengthened in the foreign exchange market. On the one hand, the Canadian dollar may still grow. On the other hand, weak data on the background of a rather strong overbought Canadian dollar may well give a signal for fixing profits and starting correction in pairs with the Canadian dollar. We are closely watching the news.
Long
by Trade24Fx
9/29-30 EURUSD Short opportunity - Full Analysis (15 & 240 M)This looks like a really good short opportunity, EURUSD is in a 4H/D downtrend so we will stay in short positions only until that primary trend changes. EURUSD looks like it will be moving up to Fibonacci resistance 0.236 (15min chart) technicals (ie RSI, Stoch RSI, and Momentum) all suggest a short term upward movement which purposes a nice entry for a short position at 1.09700 (ENTER ONLY WHEN TREND IS REVERSING, USE PRECAUTION AND BEST JUDGMENT**). The Fibonacci retracement drawn in red lines up well with the points of control (or red lines extending from the histograms, which indicates institutional investor trade volumes at various prices ie "Volume Profile") which form our price target ranges in the gray rectangles. Price target or "Take Profit" for this short position is between 1.09100-1.09000 due to the current trend lines that have been observed. That translates to a 600-700 Pip move. Please comment with any additional observations! Thank you. THIS DOES NOT CONSTITUTE INVESTMENT ADVICE. THESE ARE REFLECTION OF MY PERSONAL ANALYSIS AND ARE NOT INVESTMENT SUGGESTION. FOR EDUCATIONAL PURPOSES ONLY**
Short
by loganguest
2
Impact of CME Expiration Date on BTC*** This article is not for sale or buy. The CME expiration date has a major impact on BTC's trend transition. Inverse head and shoulders pattern & CME expiration date, Triangle pattern & CME expiration date. 1. Current Coin Market Status - Coin Cap : 179 Billion $ - Bitcoin Dominance : 52.0% - Volume by National Currencies : USD(36.5%), JPY(44.2%), KRW (4.09%) 2. The Comparison of Coin Market Cap - Coin Cap : about 179 billion $ - Stock Market Cap around the world : about 50 trillion $ / 0.27% - Korean Stock Market Cap : about 1760 billion $ / 10% - Samsung Electronics Cap : about 240 billoion $ > Coin Cap 3. Futures Expiration date 1) CME : On the last Friday of every month at 4 pm / UTC 2) CBOE : On Third Wednesday of each month at 10 pm / UTC 4. The Long-Term BTC Forecast - A similarity with the 2015 bottom & Influence of halving - The rising curve by pattern 5. 2021, The bubble of new industry for overcoming economic crisis? 6. Around CME Expiration Date, since BTC trends often change or price fluctuations increase, you should look more carefully. The charts listed below are some of my previous analyses of how the CME expiration date has affected BTC pricing. Please check. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^ 1) CME Expiration Date on June 2018 ) 2) CME Expiration Date on July 2018 ) 3) CME Expiration Date on December 2018 ) 4) CME Expiration Date on March 2019 )
BITFINEX:BTCUSD
by pkb6698
7
Could ECM serve a purpose for the Crypto Market?Hi there, i'm sorry to say but i can't give any substantial input because Economic Confidence Model (ECM) is far beyond my Kung Fu and a lot of precious content is behind a pay-wall. I would like to know if there is anyone here willing to share his experience and knowledge about ECM and whether there are chances e.g. to build correlations and thus indirectly make a use of ECM for the crypto market or not. Or whatever purpose it might serve. All i can say is that ECM is based on Pi which is, like fractals and fibonacci numbers, one of the gifts from mother nature we can use to analyze charts. To get a comprehensive overview on ECM and it's inventor Martin Armstrong i recommend watching the documentary "The Forecaster". After watching it, i felt like i just faced awesomeness. (: You might hate him, you might love him. It doesn't matter here. ECM adds another view to complete the picture as a whole. This is the only thing that should matter. I have added USDJPY to show how nicely a price might follow ECM cycles. I'm looking forward to interesting comments. Sincerely Source: Economic Confidence Model – When One Nation Peaks Another Bottoms
BITFINEX:BTCUSDLong
by EduardZimmermann
7
Brace! Avoid being flushed out in the 'Economic Colonic'. In this screencast I show how I attack the US30. It's very different to what you see 'out there'. This is about a robust and real trend-following methodology. And not - I'm not selling anything! WYSIWYG. Totally for free! Everybody deserves a chance. Reality has come home to the markets - globally. There is a mega trade war on at the moment and it has been for several weeks. The impatient and greedy will lose their money to those who are patient and strategic.
FX:US30Education
by Captain_Walker