Global stock markets fell on Thursday as US inflation hit 8% and prompted the US Federal Reserve to raise interest rates this week . Sure, we know that if the FED had raised interest rates , it would have make dollar stronger. I chose USD with the EURO pair, we know that war tensions in Europe have not yet subsided, this can make the euro weaken, Commodity...
We already know that the USD interest rate will soon be increased above 0.25%, of course this will create a bullish sentiment for the USD, we still see the bullish trend is still happening, the price has not fallen below the support line, and the price is approaching weekly resistance. Prepare your wings to fly higher! Are you also bullish on DXY?
Bitcoin is one of the safe haven crypto. But bitcoin seems unable to be bullish amid global uncertainty, investors prefer gold as their safe haven. we can see Gold price is bullish more than 4%. But bitcoin is only sideways in the rectangle area which can be seen in my analysis above. I'm just waiting for the price to breakout, if it's bullish I won't linger with...
If we look at the price history with Fibonacci retracement , we can see, the price still bullish to its highest point on 2008. This will remain valid, As long as the state of the world is unstable and uncertainty persists. "The war" also had an impact on a global crisis, although it was different from the global crisis that had its roots in the Lehman Brothers in...
in the midst of war tensions in Europe, it seems that investors are starting to worry about saving their money in the SNB, they are starting to move their assets to safe havens such as Gold and US Dollars. We can see the USDCHF price is close to the support area which allows the price to increase in the future. this is my OANDA:USDCHF trading plan, how about you?
bearish signal for EURUSD, dont forget to set stoploss above daily resistance
EURAUD will continue the bullish trend after several days of breakout of daily resistance, and a perfect retest pattern has occurred