Core CPI in blue overlayed with FED FUNDS RATE. In the 70s and 80s, FFR spikes (RED BOXES) used to fight Core Inflation (YELLOW BOXES) RED BOXES > YELLOW BOXES to stop inflation historically. RED BOX before YELLOW BOX Pattern changed?
Thank you Vanna! Show our contestants what they can win! Should you choose inflation has peaked, you stand to win an all expense paid short covering rally to 3900 ... *Crowd Cheers* Conversely, If you choose that inflation has not peaked, you'll win front row seats to the public execution of the global financial systems... *Crowd Goes Bananas* Choose...
“The dollar remains the main beneficiary of rising US (real) yields in a persistent risk-off context.” “Geopolitical and recessionary risks are bigger for Europe, holding down the single currency as well even as the European Central Bank finally embraced on a tightening cycle.” “Resistance stands at 0.9950/1.0050. The YTD low stands at 0.9536.” EUR/USD is in a...
US30 melting from exactly the Ny session order block i mentioned in this morning's pre CPI market update (linked below) - i hope some of you capitalised on this
In the short term - like today! 8:30 EST 13 Oct 2022 If the CPI (measures inflation) comes out at above 8.2% this could lead to a market crash as the Fed would likely raise interest rates by another 100 bps on 2 November to curb inflation. If the CPI comes out below 8.2 this could spark a market rally as they will believe inflation is starting to cool down. In...
I have really never seen this before so maybe you guys can shed some light on it. The price made a sudden dip to the 16.5 level and then went right back up to the median price. When i zoomed the chart out i could see that it dipped right to a key support area so could Turkey's central back have done this? As you all may know, the Turkish Lira has shot up due to...
Today, we have the Consumer Price Index results for September. This is an important event that will bring some volatility. The best opportunities will come after the news! A breakout above 0,9774 will probably take price towards 1,0000! A breakout below 0,9669 will most likely mean a continuation of the downside move! We are probably going to see some...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔼 USD/JPY 🔼 XAU 🔼 WTI 🔽 The latest meeting minutes from the Federal Reserve reiterate the general directions for the central bank would be more rate hikes, allowing USD/CAD to close at 1.3814 after considerable oscillations, USD/JPY also reached a 24-year high at 146.91. Later tonight, year-on-year US CPI figures are...
Well if we take out the USD inflation from bitcoin we will get clear view of the chart. in that case bitcoin is looking very bullish. we can see massive bullish divergence on daily / weekly chart. i am basically dividing the bitcoin price by dollar index and then multiplying by 100. this chart looks more cleaner than bitcoin / usd chart. since the inflation...
Today is very choppy day, but you can't look at the market for the same scenario everyday, but rather build a context around. The world is returning back to its wage driven motivation. It's a lot of bubble economies now that are web based, and have no real utility in the physical plane and I believe that price's true nature is to level the playing fields on both...
EMAflow printed a short signal which likely limits the upside for oil - we could see a megaphone like movement before resolve - if we wick in to the overbought zone we could get some nice entries: entry 94-98 tp1 91.93 tp2 87.57 tp3 82.76 tp4 79.60-76.81 sl 103
WHAT A FANTASTIC SHORT POSITION THIS HAS BEEN FOR THE AUDUSD TRADERS WHO CAUGHT THE MOVE @ 0.72000 AFTER THE DEMAND ZONE/SUPPORT BREAK WAS CONFIRMED. NOW THE QUESTION COMES TO BEG: WOULD AUDUSD PROVIDE THE RE-ENTRY POINT FOR SOME OF US TO ENTER AGAIN AND SHORT IT? With the FED tightening so aggressively, AUDUSD is bound to sink and the ideal target seems to be...
Why are regional banks breaking out to new 6 months highs relative to the S&P? Does smart money know something that retailers are missing?
Hi, and welcome to Wednesday’s update. Today we are looking at the USD, and it’s hard not to focus on the dollar with all the key news that’s on the way. From tonight, 11:30 local time (AEDT), we have PPI followed by the Fed minutes at 5:00 am and US CPI data at 11:30 pm to cap it off. The CPI data being released will be both the M/M EXP 0.2% and the Y/Y EXP...
In my opinion the market is trying to find a bottom. How far it will go down, Im not sure, but anything lower that 3450-ish, will take market to very oversold territory. Everyone is waiting for Thursday’s CPI, depending on the result this can go either way: 1. Inflation is rising - this means FED will be rise rates by 0.75 in November, strong move downside, but...
This idea is a primer for ideas on how the FEDs decision to suspend the Supplemental Leverage Ratio for COVID and Implement the Overnight Reverse Repo while printing QE has led to the complete collapse of the bond market and began the era of sticky inflation. If you overlay the 10Y Breakeven Inflation rate with Year over Year then circle the dates when Jerome...
With DXY having broken a crucial supply zone/resistance @ 110.000, the road to 120.000 seems obstacle free speaking technically. On the other hand, looking at the fundamental picture, we can expect the FED to keep raising rates to tame the inflation. This would in turn as expected give value to the DXY and make it appreciate further thus sending other currencies...
Oct 8 Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS