What is this?!!! A psychiatric attack on GBP?Tell me what do you think? It's nothing like a normal chart to me!!!
Is this a psychiatric attack on GBP?
Politicalscenario
How to use ECONOMIC INDICATORS for informed trading decisionsHello everyone! Here you have some information that I consider useful on how to interpret and use economic indicators and data to make informed trading decisions in the foreign exchange market:
GDP (Gross Domestic Product) - GDP is a measure of a country's economic output and is considered to be one of the most important indicators of economic growth. A higher GDP indicates a stronger economy, which can lead to an increase in demand for the country's currency.
Unemployment Rates - Unemployment rates measure the percentage of the workforce that is currently without a job. A low unemployment rate indicates a strong economy, which can lead to an increase in demand for the country's currency.
Inflation - Inflation measures the rate at which the average price level of a basket of goods and services in an economy is increasing. High inflation can lead to a decrease in demand for the country's currency, while low inflation can lead to an increase in demand.
Interest Rates - Interest rates are the cost of borrowing money and are set by central banks. High interest rates can attract foreign investment, leading to an increase in demand for the country's currency.
Trade Balance - The trade balance measures the difference between a country's exports and imports. A positive trade balance indicates that a country is exporting more than it is importing, which can lead to an increase in demand for the country's currency.
Political Stability - Political stability is an important factor to consider when trading in the foreign exchange market. A stable political environment can lead to an increase in demand for a country's currency, while political instability can lead to a decrease in demand.
In summary, GDP, unemployment rates, inflation, interest rates, trade balance and political stability are important economic indicators to keep an eye on when making trading decisions in the foreign exchange market. By considering these indicators, along with other market conditions, traders can make more informed decisions about when to buy or sell a particular currency.
Please note that the above information is not a financial advice and only for educational purpose, Economic indicators are important but not the only factor to consider while making trading decisions and It's always important to do your own research and consider your own risk tolerance before making any trades.
Global Politics effect on energy Gas is the winning card of Russia Ukraine's global conflict in investor view.
We have seen a lot of back and force between Russia and the USA because of a pure political-military opportunity from the USA side,
What makes Ukrania is the main interface of the USA in Europe, From Russia side, they will not choose the war as the best option rather than using economic sanctions,
The second top Gas producer in the world will play with its best weapons,
Yes, Gas
The best energy commodity which the whole of Europe depends on. The prices of gas will increase in the coming weeks.
This political issue will give the energy sector some bull push so, we will see some volume inter the market these days.
We have seen the gas prices increase in the last May 2021 from 2.550 to make more than 120% in just 4 months, then we have seen the price start retrograde from 6.240 to 3.800 with making the second wave for bulls to reinter the market before the Russia Ukraine conflict.
You may see the situation is unclear for now, But make sure that if Russia got delisted from swift code that will be huge negative effects on the whole of Europe before the USA itself so, don't worry the invasion will be the last choice in this conflict between The US and Russia putting Ukrain in the front line of the US interests.
For the Investors who like to bet on wars, this is for you.
Going with direction is preferred for investment so we will take the chance as we got a tip for Gas prices.
Whether there is a war or not the gas price will continue increasing just because of the speech from each side.
Position
============
Buy entry in the 5.00-5.30 area
Buy limit at 3.00 - 3.30 area
Targeting
9.00 - 9.300 area
We expect a 78% return in 6 months to 12 months (Estimated)
S&P 500 - Waiting for Directions + Political AnalysisBefore we begin with this analysis... This time it is suited for people who are playing the long game...
All ideas that are expressed are of my opinion and interpretation of the political situation.
So...
While the world waited anxiously to see who will become president - so did equity markets.
On the technical side:
A Triangle pattern has emerged on a daily chart in the S&P 500 index. This is considered a continuation pattern - meaning that if we go by classical analysis, we should be looking for a breakthrough to the upside. Our target would be the length of AB (just below 4000).
We do have a bearish MACD divergence playing out
On the political side:
Joe Biden is a moderate democrat and this is good for the economy.
Implementing a strategy to handle Covid-19 will insure the smooth function of the economy even without a vaccine (widespread testing + mask wearing). Since markets are forward looking this is probably taken into account.
Despite talks of the "scary" Green New Deal, such a widespread plan could provide new jobs for people in the old and dated energy sector. (Lets not forget the the SPE has been declining for a couple of years now). Under a moderate administration the employment aspect of this will likely be reviewed heavily. To keep the people happy and voting for you you have to insure their financial safety.
No sporadic tweets about tariffs means the certainty increases - Positive for markets.
Even if taxes are increased, it will be marginal and only on the filthy rich.
Fiscal stimulus to the MAX.
On the downside:
Markets might be more regulated
As long as the Republicans keep control over the Senate, a Democratic administration will have a hard time passing legislation. Right now it looks like this will be the situation, but we will know for sure only in January since we have a runoff in Georgia. This increases uncertainty in the short term horizon.
To sum up:
I retain a positive outlook in the medium/long term since the new administration will be focused on responding to the Coronavirus and supporting the economy.
However, if inflation pics up the story changes completely. Real Vision have covered this extensively - you should check them out on YouTube.
If we break lower than point B without taking out point A, The market will officially enter a downtrend on a weekly basis. This is not good. The 2008 crisis started out like this (from a Dow Theory point of view)
Feel free to share your opinion and happy trading!
Special Analysis: The super strategy correlated!!!In this special analysis, I show two pars:
1. Euro/Sterling Pound
2. Sterling Pound/ U.S. Dollar
So, in general, in both pars we see a good opportunity of both of 200 pips o earning. The difference is that one of the long position and the other hand is for short position.
Euro/Sterling Pound:
1. In Daily or H4 timeframe we see that Euro is into the demand zone.
2. Sterling Pound has issue in the UK government and No-Deal Brexit
3. We see that Euro formed a bullish rising wedge, that show a good objective of the profit of 200 pips!!!
Sterling Pound/ U.S. Dollar:
1. In Daily timeframe o H4 timeframe we see that Sterling Pound is into the supply zone.
2. Sterling Pound has issue in the UK government and No-Deal Brexit. that will resume that we could have a more issue in United Kingdom has we see the past fundamental key that I writing in my technical analysis as:
a. Restrictions in the UK coronavirus in the UK system political, hospital, enterainment, universities, business and all UK market
labour
b. The UK goernment want to provide a negative interest rate in United Kingdom putting in warning the Brisish currency.
3. Investor's has in eyes a dangerous cautions as the British economy is set upon by months of uncertainy as we heard towars the winter months-and Brexit.
4. As the same time, we suppose that United States it's going into the post-recuperation about the U.S. stimulus package for american citizens, american business and more!!!
That is my comparasion about what United Kingdom is enfocous in their plans. So, I believe that we see the Euro and U.S. Dollar agains the Sterling Pound is save the safe haven assets at the moment in cases that the British currency is goes to warn the thins in the No Deal brexit negotiations and more restricions seriously in United Kingdom. So, I see that Euro/Sterling Pound is bullish and Sterling Pound/U.S. Dollar is bearish and bouth in medium term!!!
Guys, if you like this comparasion and correlation about the difference of Euro and Sterlign Pound, and U.S. Dollar, please give me a like and support this idea that other traders and people know this secret information that you will need to take in noticed it and to put this analysis in the top!!!
technical & Political analyses for $GOLD $XAUUSDAs shown from the figure has been penetrating the falling trend under the rise of geopolitical intensity again, but on a personal level, this climb is only temporary and tend to drop the price again
In general, in the figure we show the best areas to enter into a sale (I do not recommend) and buy into a sale
Please note that in the meantime the mind is in the process of testing the resistance level 1281
NOTICE : This applies to $silver / $XAGUSD and the $EURUSD
Eur Usd long 09-03-2017hello dear traders & welcome to growing Forex
All eyes on M.Draghi. As of tomorrow the EU said that all the 28 countries economy are growing at a faster rate from the US. Still political uncertainty in Europe its about Greece debt its about France elections it looks like Germany is all alone. Germany minister Wolfsgang said Germany alone cant handle the pressure from the US. For the US tomorrow comes the NFP & later the interest rate decision.Looks Like the pair is trading in a consolidation where a boast is needed to confirm a trend.
