DollarSaenz

DollarSaenz

DOGE, SHIB, FLOKI, BONK, DOGWIFHAT, and whatever else you can come up with, but it down and there might be a coin created with that name. The meme scene has exploded, with only a few pushing into the billion market arena (FLOKI and BONK is in there). PEPE has exploded to pushing to the #28 coin, boasting a market cap around $3.4 billion. Aside from it being a...

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I have chosen RIOT as the chart, but I am looking at MARA and also BITF. But as a whole, looking at the WGMI (Valkyrie Bitcoin Miners ETF), BTC mining companies as a whole is taking a hit. Crypto itself is taking a huge hit and of course, this affects Crypto Mining. It did seem that Crypto was going to push higher as the expectations for the BTC ETF release was...

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Price has been pushing up for a few days now and this has been great. I am still conducting research and analyzing SHIB, but do have some thoughts currently. I am thinking, SHIB is likely to continue higher after it has a decent pull back. This might happen at the 0.000015 to 0.00002 lvl. There are those that likely bought at 0.000006 or somewhere near here...

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Price is with a range from 72k to 58k, with price pushing lower and trading within the 66k lvl. With the FED holding rates at 5.50% and signaling that it may hold rates at current lvls for longer, it is hitting the crypto market. There is a lot of self-fulling prophecy out there about when the FED will cut rates, with some looking at the timeframe being in...

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With the potential of the Federal Reserve lower rates and the possibility that the BOJ will increase interest rates, this could be a great trade. The BOJ has kept interest rates in the negatives for quite some time and after years and years, inflation was able to manifest itself and push the BOJ to be one of the last Central Banks of the G7 nations to increase...

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The CBRT has raised rates from 8.5% in June 2023 to currently standing at 50%. There was a recent CBRT meeting where rates where held at 50%. There has been a roll coaster for inflation YoY which was below 20% in 2020, rose as high as 36% in 2021, pushed up to 85.50% in 2022, dropped in 2023 to around 38% at its lowest, then pushed higher to standing at 69.8%...

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DOT is a long way from its high of $55, back in 2021. And now, currently, price has been struggling to push higher. With the thought the BTC ETFs being a game changer along with the BTC halving, there was the anticipation that Crypto would sky rocket. But this hasn't been the case. With all other coins getting hit by the current environment Crypto is facing,...

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The USD at the start of the year was trading near the 100 lvl but has managed to push above the 106 lvl in a little over a few months. If price is able to break out of the 107 lvl, there isn't to many resistances for the USD to break (the 108 could be one) and price might be able to hit the 114 lvl made in 2022. With the CPI data coming in a little higher then...

DollarSaenz Updated 

In the beginning of the year, before I start trading, I conduct my review and research and analysis (R/A) on what I am going to trade. For the EURUSD, this is what I put down on December 31, 2022, 12:33est EUR: the ECB is looking to raise rates to fight off double digit inflation. They might have to raise rates quicker than they are thinking to fight inflation....

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R/A = Research and Analysis This stock just randomly chose to after looking at a few robotics stock. I went through a few stocks to show how I conduct my R/A and wanted to see if I could find some ideas and themes to trade. A stock that got selected was MYO. MYO is a company that sells robotic arms to people regain function in their arms and hands. Their...

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The USD/TRY has one of the highest Roll Over Interest out there should you choose to take on this highly volatile pair. It isn't so much that it is volatile, it has to do more with price just moves one direction, and that is up. The way we want to go is down (short) or at least sideways (ranging). Why is this interesting? It is because the Rollover Interest...

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Price has been pushing higher and higher and climbed thousands and thousands of PIPs since 2021. But with the increased interest rates (42.5%), will this be enough to prevent price from higher? Potentially. There needs to be more confidence in the Lira, which could be happening. Pimco and Vanguard (US Investment Companies), are investing in Turkey, which could...

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I've been thinking and wanted to jot it down, on how things can end up with SHIB. I have a little story before we get into it, about how SHIB moves could be similar to how I saw the rise in DOGE. In 2018 I purchased around a couple thousand coins of DOGE at around 0.002. I eventually sold out my coins, made a little bit, and didn't think too much of it. Fast...

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I've been in my SHIB position for a while now. I am thinking price will be able to push higher if it is able to survive the onslaught of Central Bank Rate Hikes and the negative crypto news that have been coming out lately. There are things in work for SHIB, but it all comes down to if people what to get in the coin or not. For now, without the easy that was...

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The Swiss Franc used to be pegged to the Euro until 2015. The ECB went on a money printing spree with its own QE and the SNB could not sustain maintaining the peg. So it decided to remove the peg and the Swiss Franc strengthened against the Euro more than 20%. This caught a bunch of traders by surprise (mainly because the SNB said it was committed to...

DollarSaenz Updated 

Did y'all see that yesterday. The EUR/HUF has a massive move lower for over 570 pips and I was able to catch that. I exited out of my position because I have been in the pair for a while now and think it is going to push higher. It is pushing higher now, so for now I am correct. But I think there might be a larger push higher. If this pair can hit 380 or...

DollarSaenz Updated 

The latest US GDP growth was 2.7% for Q4 2022. Unemployment rate is 3.4% in January 2023. Annual inflation rate is 6.4% in January. Fed Fund Rates is 4.50%-4.75% and climbing. Manufacturing and Industrials are struggling, but not bad. Yearly retail sales minted at 6.4% in January. The Fed Rate Monitor is showing an increase for a 0.25% at a 74.50%...

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Oil has been in a range towards the end of last year and price is fighting against pushing below the 75 lvl and staying below it. It makes sense as the news is mixed because there are positive and negative news for Oil. Check out the following: Positives for Oil: -China economy recovering and demand increasing -Russia plans to cut Oil exports by 25% and cut...