This is a significant event that could determine the appropriate stance of monetary policy and assess the risks to its long-run goals of price stability and sustainable economic growth.
We don't expect a break of actual support and resistance levels until the end of the votes counting. On Tuesday, as one of the candidates gains advantage we might start seeing a...
BITFINEX:BTCUSD
Is bitcoin forking from reality? Or is it a really good time to sell?
"Who’s nervous about the outcome of the US presidential election? Not the markets. Bitcoin is up above $14,000 and stocks are soaring."- Decrypt, Nov 4, 2020.
I wont provide a very long explanation to why I'm short as I believe the chart speaks for itself.
Bitcoin is...
Currently, my sentiment is Bullish because of the price action. But, if Joe Biden wins the elections, most likely I will short-selling the breakout.
Catalyst:
- US Presidential Election
The US presidential election will effect the market in a few hours. But before that happens, I'd like to see how Support and Resistance lines that i detected react to it.
So here are the support levels;
Support level @ 104.10
Support level @ 101.18
Support level @ 98.98
And Resistance levels are;
Resistance level @106.10
Resistance level @107
Resistance...
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight.
This is not financial advice. This is for educational purposes only.
In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors.
To begin with, my guess is that Trump’s chances of getting...
Gold having recently fallen 11% from its all time high (US$2075) back in August is interesting.
Usually used as a Hedge during times of high volatility in the markets, gold is taking what looks to be a serious retrace after 2 years of mostly uninterrupted growth.
What's interesting is that the markets across the world have become inherently more unstable due...
Hi Guys,
please find above an update of the following idea posted a year ago on March 9, 2019
Medium-Term narrative: since Trump has been elected US President at the end of 2016 the dollar weakened a lot at the beginning of his term to regain strenght before 2020 US Presidential Elections.
Long-Term narrative: I have some ideas but I need to outline them on...
XAUUSD LONG:
- Support line tested again
- Fib + Previous Structure
- All previous shocks unable to beat support (month, two)
RISKY, Hillary win could result in a heavy bearish trend!
Preparing for a Trump win
Following Friday and the FBIs decision to re-open the case on Hilary I have decided I am going to assume A Trump win, this is for several reasons:
FBI
pbs.twimg.com
1) After reading into it, the reopening of the FBI case implies one of three things imo - 1. They have found new significant information that can or will see Hilary...
Preparing for a Trump win
Following Friday and the FBIs decision to re-open the case on Hilary I have decided I am going to assume A Trump win, this is for several reasons:
FBI
pbs.twimg.com
1) After reading into it, the reopening of the FBI case implies one of three things imo - 1. They have found new significant information that can or will see Hilary...
Presidential Election - Trump wins - MXN more sensitive than USD, Yen to pick up the risk-off shift:
1. Positioning for a trump win is much more interesting than a hilary win but nonetheless both should be profitable at some level. My number 1 position will be SHORT MXNJPY for a number of reasons 1) MXN has been very sensitive to the USD election given trade...
Presidential Election - Trump wins - MXN more sensitive than USD, Yen to pick up the risk-off shift:
1. Positioning for a trump win is much more interesting than a hilary win but nonetheless both should be profitable at some level. My number 1 position will be SHORT MXNJPY for a number of reasons 1) MXN has been very sensitive to the USD election given trade...
2016, the year of the Risk-Off Asset
Historically Gold has performed +10-20% in the 6 months into US Presidential Election years AND also by longing Gold on this pull-back it opens up the opportunity to benefit from the potential tail risk that the UK votes to "Brexit" in which Gold will likely trade through $1400.
Gold is one of my favourite plays for 2016 for...
