JPY futures have fallen below the 0.007134 level, driven by rising speculation of significant interest rate cuts from the Federal Reserve. As market participants brace for potential monetary easing, the U.S. dollar has faced increased pressure, leading to weakness across several pairs, including JPY. Investors expect the Fed to reduce interest rates by up to 100...
entry range ( 0.17- 0.19) Target1 (0.5360) - Target2 (0.8390) SL .4H close below (0.1655) *** Breakout is done in 1H Frame & this entry will be in the retest ***** ************************************ #XAI #XAIUSDT #XAIUSD BINANCE:XAIUSDT ...
BTC is moving in uptrend and currently its forming harmonic pattern so we will wait for the bullish divergence and after the divergence wait for the break of the LHs to confirmation of the bullish trend to take a long trade.
The Fed raised interest rates to curb inflation, which peaked at a historic 9.1% in June 2022. Maintaining very high interest rates over the past two years has caused many difficulties for Americans, and the economy has recently shown many negative signs, affecting the labor market. Many experts are worried that the US economy will fall into recession. Over the...
Retest of the diagonal support then a continued push to the upside. FOMC meeting could cause a liquidation event of many shorts, making Bitcoin try for the $63k range. Only time will tell but I still hold my current predictions to unfold.
Dollar Fundamentals today got almost me, my stop with 2% compound trade almost got run thru and now we cruising nicely , lets see what else thy planning to do, im still in my 2 short trades, range midpoint is my target 6% , lets see if we get that far .
Im planning to short the AUDUSD Entry 0.68589 Stop Loss 0.69242 Take Profit
FOMC Rate Cut: The Federal Reserve cut rates by 50 basis points in September 2024, aiming to boost economic activity as inflation eases. This cut provides increased liquidity and lowers borrowing costs, likely benefiting speculative assets. Bitcoin’s Cup and Handle Pattern: The cup and handle pattern in Bitcoin suggests a bullish breakout with a...
ECONOMICS:USINTR - The Federal Reserve lowered its benchmark interest rate by 50bps to 4.75%-5% in light of the progress on inflation and the balance of risks. It is the first rate cut since March 2020 after holding it for more than a year at its highest level in two decades. Will Feds decision of cutting 50bps tumble the markets in spite of fear for U.S and...
The New Zealand dollar has posted gains on Wednesday. NZD/USD is trading at 0.6211 at the time of writing, up 0.44% on the day. Federal Reserve meetings are traditionally predictable affairs and don’t move the needle of the financial markets. Fed decision makers signal their intentions ahead of time in order to minimize market volatility. Today’s decision is up...
BTC is showing signs of an upcoming correction. Bearish indicators suggest a potential pullback, so it's time to prepare for a short trade opportunity. Monitor key support zones and watch for confirmation signals as the market cools down. 📉 #BTC #Bitcoin #CryptoCorrection
Im looking these two levls for sell as we see Rising wedge pattern Breakout that is clear breakout.
According to signals from the Fed and the market, in this meeting, the US Central Bank will cut the operating interest rate for the first time since March 2020. Previously, the Fed had raised interest rates 11 times, from March 2022 to September 2023, bringing interest rates from a record low of 0-0.25%/year to the current 5.25-5.5%. The Fed raised interest rates...
ECONOMICS:GBIRYY CPI Data (August/2024) 'UK Inflation Rate Steady at 2.2%' source: Office for National Statistics - Annual inflation rate ( ECONOMICS:GBIRYY ) in the UK steadied at 2.2% in August 2024, the same as in July, and in line with expectations. The largest upward contribution came from air fares while the biggest downward contributions came from...
Team, we set this trade almost 8 hours ago, but waiting for the price confirmation to short. STOP LOSS at 41726 Target at 41552 and Target at 48486.5 PLEASE NOTE: Below 41600 we carefully bring our stop loss toward 41652
On Monday gold hit an all-time intra-day high, trading just a tad below $2,590. It pulled back a touch yesterday and was holding steady in early trade this morning. Gold’s behaviour is often tied to interest rates. It’s said that gold does best when interest rates are low as investors can’t earn interest from holding gold. So, when interest rates are high, gold is...
Looks like the US & the French's bargaining power is over. Their ability to keep pumping gold prices up just to suck the yellow nation dry has come to an end. China will surely find a substitute to gold and proceed with production,henceforth gold prices will fall. Technically Gold has reached a triangle lock zone and might surely never taste the 2600.00...