What can we expect for Bitcoin this FOMC meeting?As the FOMC meeting is coming up in just a few hours Bitcoin is relatively not moving that much. What can we expect Bitcoin to do? As we are closing down the triangle I am expecting this to break during the meeting as volume will start to kick in. We have 2 clear scenarios
• We will break up and are going to 21k
• We will break down and are going to 19,750k
Stay away from trading leverage as we can expect an fake-out up or down!!
Trade safe
Fomcnews
What can we expect tomorrow with the FOMC meeting for Bitcoin?Tomorrow will be a big day again for the markets! We are expecting a 75 bps. In this case neutral means that there is lots of volatility. But there is a small chance that the FED will choose for a 50 bps rate hike, because a 75 bps rate hike will be too hard to handle for the economy. In that case we are going to see a big movement to the upside.
Trade safe and don't get trapped in the volatility!
BTCUSDT: SHOULD YOU ENTER NOW OR WAITHello !!
Welcome to the quick update of BTCUSDT. In the last few days, we saw BTC trading in the range of 20000 to 22000.
After hitting the 22000 mark, it took a dump and the major dump was seen on the 19th night when BTC dumped all the way from 19700 to 18200.
As of now, we can see BTC taking the 18200 support and is currently trading around 19000. We can long some BTC on SPOT for the long term and keep on accumulating at every dip. We can see a green candle in 15 minutes timeframe and it is holding the trend line as of now. We can expect a pump until 19600 followed by 20100 in the short term. The FOMC meeting today will reveal more about the price action. Till then stay tuned and wait for a green momentum.
Till then stay tuned and trade with caution with strict STOPLOSSES !!
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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GOLD Analysis FOMC Updat!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY It will keep growing! LONGWelcome back! Let me know your thoughts in the comments!
**USDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Daily analysis and trade setups on NASDAQ 20220727Very Happy Volatility Day & Very Happy FOMC Day
We are likely to see 700 to 800 points move today
Scenario 1 : FOMC News Bearish Reaction
- Initial bounce to 12430 or even 12600
- After initial bounce, break of 12170 will lead to 11900
- Selling begets selling could lead to 11500
Scenario 2 : FOMC News Bullish Reaction
- Initial drop to 12060 extending to 11930 or even 11870
- After initial drop, rip to the upside all the way to 13000
- Buying frenzy can push it all the way to 13400 before retreating to ~13000
Scenario 3 : I am proven one of the greatest FURU
- I am a FURU
- I am a FURU
- I am a FURU
Chart with Blue B, C, D, E levels >>>
Chart with Green Goblins >>>
Chart with confluence levels >>>
BTC - What about after the Dump?I've been doing a lot of number crunching, specifically around Fibonacci numbers and Harmonics. There is a possibility we get a Bullish crab at 16.3k with a retracement to 18,700-19,400. I will be Shorting this area after TP'ing Short at 16.3k.
The next target to close FOMC pump Short would be between 15.5k-15k. Not sure which. But i'm certain it's one of these two.
The less likely scenario if these are broken is 13k . But that is less likely. I think a lot of people are expecting really low (I see people shouting 10k in chat) and they aren't expecting a local bottom at 15k.
As is always we get some kind of Relief Rally after FOMC event has happened. I assume this will be the push towards the mid 19's. I am ready to SHORT this area - it will be fairly simple! All I have to do is wait until volume dies after FOMC pump. Take Profit target 15.5k.
The final trade in this next 3 weeks will be LONG 15.5k and 15k, with a take Profit target of around 22k.
The reason why it will dump again after FOMC rally... is it because it always does! It happened last time.. it dumped 32k-> 20k then rallied to 22.5k then dropped to 17.6k.
Good luck!
NQ Power Range Report with FIB Ext - 5/4/2022 SessionCME_MINI:NQM2022
- PR High: 13134.50
- PR Low: 13106.00
- NZ Spread: 63.50
Evening Stats (As of 12:05 AM)
- Gap: = N/A
- Session Open ATR: 397
- Volume: 16k
- Open Int: 224k
- Trend Grade: Neutral
- From ATH: -21.75% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 3/16/2022 SessionCME_MINI:NQM2022
- PR High: 13452.50
- PR Low: 13428.50
Evening Stats (As of 12:05 AM)
- Gap: = N/A
- Session Open ATR: 461.10
- Volume: 19k
- Open Int: 164k
- Trend Grade: Neutral
- From ATH: -19.75% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Is the US Federal Reserve hiking 25 basis points tomorrow?The US Federal Reserve kicked off its Federal Open Market Committee (FOMC) meeting on Tuesday, with the markets widely anticipating a 25 basis-point hike in what would be the first interest rate increase since 2018.
Fed Chair Jerome Powell had earlier raised the prospect of a 25bp hike, telling a House financial services committee hearing two weeks ago that he is "inclined to propose and support” the increase as inflation has sat above 2% and as the United States’ labor market continued to recover.
High inflation underscores need for tightening
With the US consumer inflation soaring to a 40-year high of 7.9% in February, a rate hike this week is highly anticipated, although uncertainty lies in how much the Fed will have to tighten to tame inflation. Markets are also pricing in up to six or seven hikes this year, one for each of the upcoming FOMC meetings.
Higher inflation expectations among US consumers, according to surveys by the New York Fed and Cleveland Fed, also ramp up the likelihood of a more hawkish Fed.
50bp hike also on the table
Although many market watchers anticipate a 25bp hike when the Fed caps off its meeting on Thursday, some economists say a 50bp is also likely. Last month, St. Louis Fed President James Bullard called for a full percentage-point hike by July 1.
ING Bank’s Chief International Economist James Knightley in a note last week said it wouldn’t be surprising “to see maybe two FOMC members vote for 50bp.”
Knightley and other economists from the Dutch bank most recently said markets are back to pricing 160bp hikes in six meetings in total for 2022, although the Fed may have five rate hikes planned for the year.
Russia-Ukraine war places Fed in a precarious spot
However, the worsening conflict between Russia and Ukraine, which has reached its third week, puts the Fed on alert due to expectations that the war could worsen inflation and result in a potential global economic recession that could derail the United States’ recovery momentum.
Still, the Fed appeared to be undeterred by the crisis, with Powell saying in a recent speech to Congress that the near-term effects of the war and Western sanctions on Russia remain highly uncertain.
"Making appropriate monetary policy in this environment requires a recognition that the economy evolves in unexpected ways. We will need to be nimble in responding to incoming data and the evolving outlook,” Powell said.
Squeezing household income
A rate hike in the US — the first since the COVID-19 pandemic emerged — could further squeeze household income at a time when gas prices hover around record highs. Gasoline prices in the US surged to an all-time high of $4.33 on Friday, before retreating over the weekend, according to data from the American Automobile Association.
Higher interest rates will raise borrowing costs in banks, lifting variable rates on credit card debt and affecting interests on auto loans and mortgages. This could further weigh on consumer’s spending habits.
SPXU INVERSE ETF TRADING IDEA FOR FOMC MEETING 3/16/22This is my trading strategy for March 16th, 2022 on the next FOMC meeting. Using inverse 3 x etf is like doing options without options. They track opposite of whatever it is they track. In this case the SPXU does the exact opposite of the SPY S&P 500 ETF .. The spy tracks the S&P 500 markets.
So I'm setting up a position on morning opening day of March 16th, Wednesday with $6,660 position anticipating a 5-8% return x 3x since the SPXU is a 3 x inverse..
Be very careful using 3x inverse or any inverse etf . YOU HAVE TO WATCH THEM LIKE A HAWK. They are not meant for long term or swing trade. They are for 1 day intra day only and can be very dangerous if you don't use them properly. They can also make you quick FAST money , BUT YOU CAN ALSO LOOSE ALL YOUR MONEY IN 1 DAY, if you DON'T KNOW what you are doing..
This is what I am doing. I am not giving trading advice. I simply share some of my trading ideas here...
PS.Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,( Technical Analysis ) site are for informational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, post or newsletter.
BTC Volatility gameHey there mates.
This is news day. Generally on these days we can expect a lot of volatility.
Anything can happen, but the market makers can get the liquidity on the 43k level before making a retrace.
These are hard days to predict, although, this is my idea of the next developments.
XAUUSD - KOG REPORT - FOMC!26/01/22
FOMC KOG Report
This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price.
We’re going to follow on from the KOG report published on Sunday for this FOMC report where we detailed our plan for the week. We suggested we would be testing the short once the Asian session had pushed the price up on market opening into the levels of 1835, 1830 and below that the region of 1827. This is where we have been waiting for the price to find support so we can potentially look at taking the long trade.
So based on our plan, we are now approaching the levels we have been waiting for to go long on the price. We didn’t however imagine it to be in tandem with FOMC! We have published the one hour chart and will say this chart is only applicable for FOMC and the movement straight after the release.
We will be looking at this with two scenarios in mind.
Scenario 1:
We will be looking for the price to push down into our target levels below where if we see strong resistance we will be looking to take the long trade into the higher resistance levels of 1837 and above that 1842. This is where we would like to remove a majority of the trade and see if it breaks up above these levels. There is a chance the 1842 level may hold strong and we the price turns here to test that low again before then coming back up.
Scenario 2:
This would be the ideal scenario for us. We would like to see the price push up from where we start, target the higher levels of 1842, 1850-55 and above that 1860. We want to see a test on the 1865 supply region where we will be waiting to short the market.
We’re not going to use the weak levels for this FOMC rather wait for the extreme high or lows before we get it. Its really not worth risking your account for one nights movement!
Please trade this safely, as we said above, if you are less experienced in these markets please stay out of it. The trade will always come, its best not to chase it and get involved in the noise.
Hope this helps fellow traders.
As always, trade safe.
KOG
GBPJPY 4Hr Analysis, week 4 2022Neutral
we have fomc news in4.5 hours which has historially had some affect on this pair
it appears some fomo sellers got caught during
asian session yesertday. I caught buys as the daily candle closed
bullish rejecting our weekly zone.
Probably best to wait until fomc and then possibly trade with your bias
trading news is risky
USDCAD LONGAfter the FOMC statement on interest rates, we are anticipating an upswing on USDCAD. The USD is anticipated to gain value. The entry point at 1.23800-1.23880 is a great entry for our buy as we can place a stop loss close by which we do not lose many pips. The technical analysis has a diagonal support around 1.23750-1.2380 as well as the 50MA and 100MA around the same region which can also be used as support levels. This gives us a great entry for a buy, by which we would be continuing the current short term uptrend which can be best observed on the 4H time frame. Else breaking this region, would be continuation of the longer term downtrend, and we can anticipate a further fall to maybe 1.2350 level and a potential drop to 1.1900. Until we break stop loss region we favour the bullish momentum. A good place to take profit on this trade would be around the 1.4650 region and Stop loss at 1.23690
FOMC Forecast for GBPUSD!Hello Fellow Traders, There is a Interesting Place I would look for a BUY on GBPUSD !
Quick breakdown on GBPUSD.
Looks to me price finally is giving us more confirmation, and this upcoming week we could potentially see some bullish opportunities.
TAKE NOTE OF THE NEWS! - TRADE SAFE WITH RISK MANAGEMENT!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2. Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3. Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4. Always Use Risk Management (Risk 1% of your capital)
5. Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6. Trade at own risk.
7. Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education