Fundamental Analysis
Monthly Candle Closure Volatility ♠️Some banks and Institutions require their execution desks to close positions as the month comes to and end. This sometimes causes wild and irrational choppiness in the price action. Caution as the market closes out the month of March 24'. PCE data is forecasted to decrease which could spark some optimism and a rebound to the upside to end the month. If not, we may very well see a continuation of momentum with safe-haven buying of the USD aka EurUsd heads to the sea floor.
Next target for shorts is weekly level 1.07663 and 1.07451 4hr zone.
0:0 Monthly timeframe
3:42 Weekly timeframe
5:30 Daily timeframe
7:03 4hr timeframe
9:30 1hr timeframe and upcoming news
Retest 1.083 prior to more Downside -> EurUsd 🐺Based off fundamentals and apparent momentum in the market, my bias remains as bearish for the EurUsd currency pair. The Monthly candle has reteaced nearly all of it's gains as we come to a close in 2 days. The the top wick signals rejection from the high of the Monthly resistance to me (1.103). This coincided with Jobs data and Increasing inflation data and the last few weeks we have observed bearish momentum in the market. Yes this week so far we have recieved some buying pressure off the 1.0805 daily support level. Although with GDP data forecasted to remain unchanged tomorrow and Housing data expected to grow for the U.S. economy, I can observe more potnetial USD strength to end the March Monthly candle. First target is 1.0805 retest of the Daily support level, then 1.08 4hr zone and ultimately 1.0768 weekly level
Bullish bias cautious structureThe bias for the S&P 500 remains bullish. However, the price structure as the market finish trading for the week is potentially bearish as discussed in the video. Although will be closed on Friday it will be interesting to see how the market reacts to fundamental information on Friday when it opens again 5 o'clock Chicago time Sunday night.
Interest Rate Cuts 3 Times This Year May Not Happen - Here's WhyMany interpreted from the latest FOMC meeting that the Fed is going to have three rate cuts this year, but Jerome Powell did not say that.
Let me quote directly from his transcript:
“If the economy evolves as projected, the median participant projects that the appropriate level of the federal funds rate will be 4.6 percent at the end of this year”
And he added:
“These projections are not a committee decision or plan”
In today’s tutorial we will discover why so many of us got it wrong in what he is trying to tell us.
And who are these participants?
10-Year Yield Futures
Ticker: 10Y
Minimum fluctuation:
0.001 Index points (1/10th basis point per annum) = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
March 24' Rejection of 1.09485 --EurUsd-- Fundamental Outlook🎬Since the March 8th touch into 1.09485 Weekly level, we have depreciated 146 Pips on Eur/Usd. In Today's analysis we break down the most important News events of March 24'. These include NFP, CPI, and Interest rates. All of these news events have played a significant role in the downside movement we can observe on EurUsd across the past 2-3 weeks. Leave a rocket and share for more similar analysis in the future. Safe Trading
What's next? Risk-off USD strength or ++ Sentiment? Eur/Usd 📉Hello Traders.. This analysis is more brief but I get to the point with my bias and analysis. The Price level's are there.. We do have news super late in the NY session today as we have a Fed Speech so beware when holding your trades through to the next Daily candle. See you all in the next video
XAUUSDWatch the video to see the analysis.
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📊📉 Gold transaction is very important in the forex market and has a wide impact on the financial markets. This importance is due to the following factors:
📈🔍 Window to the global economy: Gold, as one of the main precious metals in the world, indicates the state of the global economy. Changes in gold prices can reflect changes in the global economy, inflation instruments, and political-economic developments.
📈🔍 Window to risk and instability: Gold is known as one of the safe-haven assets in the face of extreme risks and fluctuations in the financial markets. This allows forex traders to reduce their risks in uncertain times by trading gold.
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📈🔍 Diversification and portfolio coverage: Gold trading allows traders to have more coverage in their portfolio and diversify their transactions.
📈🔍 Technical and Fundamental Analysis: Gold is influenced by strong technical and fundamental analysis, which allows traders to adjust their strategies based on these analyzes and make better trading decisions.
In general, trading gold in the forex market as one of the main and most important financial instruments is very important, and traders can use this information to make smart decisions in their transactions.
The Great Wall of 1.0805 Daily Level 🐼Enough to Stop the Risk-Off Sentiment? Daily Level 1.0805 may act as a temporary support level and we may observe a bounce and retracement early in the week here. During the first session of the week, Asian has observed some nice volatility off this Daily support level created on March 1st of this Month. 18 pips bounce already and I anticpate that by the end of New York session we will observe some sort of dead cat bounce after the freefall drop from the prior week. Target for a retracemnet is 1.08279 4hr zone. Retracements are a healthy part of a trending market but we don't have to bounce necessarily. We may very well just cntinue to drop towards our next siginifcant level and clear a 40 pips range down to Weekly Support level 1.0768.
Intro and monthly timeframe 0:0
Weekly timeframe 2:13
3:52 daily timframe
6:29 4hr timeframe
7:49 1hr timeframe
This week is critical for ISPHThis week is critical for ISPH
Multi timeframe analysis weekly to 5 minutes
Analysis is based on Ichimoku, and Elliot waves. Confirmation is done by other indicators such as MACD, stochastic RSI, OBV, and RedK Everex.
Watch the video idea to have the full picture of the stock under analysis.
watch the video for more details
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
There are risks associated with investing in stocks, and might involve risk of loss. Loss of principal is possible. Investors should note that past performance is not a guarantee of future returns. The investment value may be affected by market fluctuations.
The stocks mentioned here are not equivalent to, nor should it be treated as a substitute for, time deposit or any other form of saving deposits.
Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies that can result in significant capital losses.
Multi timeframe analysis weekly to 5 minutesAnalysis is based on Ichimoku, and Elliot waves. Confirmation is done by other indicators such as MACD, stochastic RSI, OBV, and RedK Everex. HeatMap & Stock screener are presented.
Watch the video idea to have the full picture of the stock under analysis.
watch the video for more details
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
There are risks associated with investing in stocks, and might involve risk of loss. Loss of principal is possible. Investors should note that past performance is not a guarantee of future returns. The investment value may be affected by market fluctuations.
The stocks mentioned here are not equivalent to, nor should it be treated as a substitute for, time deposit or any other form of saving deposits.
Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies that can result in significant capital losses.
USDCADCAD
The Canadian dollar currency is very important in forex, which I have mentioned below to explain some of them:
Oil production: Canada is one of the largest oil producing countries in the world. This country has a lot of oil resources, and the export of oil and oil products, as the main sources of income, play an important role in the Canadian economy. Therefore, the price of oil and its effects on the Canadian dollar are very important.
Relationship with the United States economy: Canada has a close trade and economic relationship with the United States. Most of Canada's exports go to the United States, and this relationship has a significant impact on the Canadian dollar.
Monetary and economic policies: The decisions and monetary and economic policies of the Canadian central bank have a great impact on the Canadian dollar. Changes in interest rates, inflationary policies, and other economic factors can greatly affect the price of this currency.
Economic situation: Like other currencies, Canada's economic situation and factors such as economic growth, unemployment, labor market conditions, and other similar factors can have a significant impact on the price and value of the Canadian dollar.
Therefore, the Canadian dollar currency, as one of the famous and important currencies of the world, is under the wide influence of economic and political factors, which is very vital for traders and investors in the financial markets, to analyze and understand these effects.
EURUSDIn the EUR/USD transaction in the forex market, some important points can be considered as follows:
Market analysis: performing technical and fundamental analysis to understand the market situation and predict the direction of price movement.
Risk Management: Using risk management techniques such as determining maximum profit and loss, calculating trade volume, and using appropriate financial resources.
Forecasting influential factors: considering factors such as the announcement of important economic data (such as unemployment rate, economic growth, etc.) that can affect the direction of price movement.
Use of technical tools: use of tools such as chart patterns, technical indicators
(such as RSI, MACD, etc.) to detect price patterns and entry and exit points.
Anticipate political and economic changes: Pay attention to political and economic developments in important regions that affect currencies, such as Europe and the United States.
Follow up on news: Follow up on important news and events that may affect exchange rate changes.
Analyzing you and knowing yourself: Introducing the strategies that provide the best performance with knowing yourself and your analysis and act carefully on it.
Get expert opinions: read the opinions and analyzes of experts in the field of forex and currencies, such as analyzes of banks and reputable financial institutions.