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NEWS

Key news events for the weekIt might be a big week head for the markets. Monday CHF CPI data release. The inflation gauge for the Swiss is expected to be lower than previous, signaling a slowdown in inflation growth. Could result in some weakness in the CHF if markets anticipate no more rate hikes to come from the SNB. Tuesday Reserve Bank of Australia (RBA) interest rate decision. Another 25bps rate hike to come? However, the AUDUSD has often traded lower following the release of the news. Could the same thing happen again? Fed Chair Powell testifies during the US session. This could lead to increased volatility on the DXY, but watch what Powell says! Pivot? Or continue with the rate increases? Wednesday Bank of Canada (BoC) is set to hold rates at 4.50%. Unlikely that we'll see a surprise given how recent Canadian CPI has been released lower than previous (signaling a possible reversal in inflation). Friday Bank of Japan (BoJ) is set to announce its monetary policy decision. This is Kuroda's last monetary policy meeting as Governor. While a surprise is unlikely, he might lay the foundations for his predecessor. Expect significant volatility on the Japanese Yen. Since it is the first Friday of the month, look out for the release of the US Non-Farm Employment Change (NFP). The data shouldn't surprise like the previous month, however, some stability in the employment data could see markets reconsider the FOMC's stance on further rate hikes, leading the DXY to trade lower. Whatever the news, watch out for my daily posts on the specific currency pairs as I update you on possible setups and price levels. Also, tune in to the Daily Live Stream at 3pm (GMT+8)!
TVC:DXY
by JinDao_Tai
4
DXYI thought i would share my idea, its very brief. The DXY is still in its downtrend and now is at the top of its downtrend line. Its worth noting that it is in an acending wedge which more likely play out to the downside. But also it is at strong resisitance, this is the level it hit on 20 march 2020 and tanked, so could we see the same? One area to note is the orange circle, if the DXY goes down be mindful of the potential double bottom right there. If DXY drops, stocks, BTC will follow :) Anything can happen so please always do your own due dilligence :) But im bullish on BTC and probability suggests downside for the dollar?
CAPITALCOM:DXY
by Crypto_SUP_Surfer
London Close Volume. Fakeout for Bulls or Continuation for BearsAnticpating that we may fakeout on the 1hr Timeframe and dip back below 1.062. We may, consequently, drop to 1.06 where i will look to TP. We may keep dropping or continue to test these Pullback areas on the 4hr/1Hr Timeframes. It would be good for bears if the 4hr candle closes below 1.062. Bulls need close above there. Consumer sentiment missed by a decent margin. Causing concern. Investors may continue to pile inot this already crowded trade. We'll see what happens. Speach and manufactuaring data upcoming this week
Short
by ShrewdCatfx
SBF hit with 4 new criminal charges, downwards breakoutNews has just come out over the past 2 days that SBF has been hit with 4 new criminal charges. On top of that, the chart screams dump on its own too. We just broke down after a fake exit pump to $2 a couple of days ago. This coin is a bottomless pit, similar to LUNA. Basically short it to 0. Aim for a new low for sure, but at the very least aim for $1. Be wary of fake exit pumps. It wil dump for sure, but you might get liquidated if you're overleveraged and the price get manipulated up by whales in order to dump.
Short
by jariii
XAUUSD getting ready for blast off??Good afternoon gold gang! hope you're well. Wow, not much movement again today waiting for the FOMC minutes to come out. Gold price is hugging my middle level there perfectly tapping into it continuously. This normally happens before a news event and is usually quite a big move coming from it, so lets see!! I have my targets above and below .. we might even see a whipsaw where it takes them both .. who knows! Until then, stay safe in the markets .. ill be back this evening with an update Tommy
OANDA:XAUUSD
by tommyXAU
USDCAD 3H: 21/02/2023: Short opportunity Daily TA: Well, you can see all the information on the chart. If you have questions feel free to ask. 💥💥💥Important note: At first I should mention that it's not investment advice then as you know, today's CPI for Canada will be published so it's a high-risk trade, and as always we need a low time frame confirmation. Last but not least, if you look at daily TA you can see price can move higher and then fall. So be aware!💥💥💥
Short
by VahidTradingCR
5