Safe Haven Rally Could Be CompleteGold has seen a strong surge due to being a safe haven commodity. The war between Russia and the Ukraine is playing a big part here as well as the inflation situation in the US.
We could see a break of the highs on this move but a larger correction is also on the cards should there be some relief. Time will tell which option plays out.
Happy trading
Linton
Russia
Oil surpassed $120 now the road to $150Oil gapped over the weekend hitting a 2008 high of $125 oil price. It made a mini double bottom and pulled back before continuing. I see it going to $130-$132 are before going to a bull back
More supply fears are coming in. There are talks of import bans being put on Russia. Russia is a very big importer for many countries including the u.s. supply fears and fears of not a so big rate hike coming is also weighing. The federal reserve is saying a 25 point rate hike will come but that will put inflation on the back hand
Eurgbp analysisEURGBP dropped last week and went below the six-year old support level (valid since July of 2016), that happend because of the war between Russia and Ukraine, that situaiton weighed on the Euro.
Now we can see the price in a sort of falling wedge and we must notice that the break of the lows of last week is not confirmed yet as a breakout because we can see a clear divergence in daily chart with 14,3,3 Stochastic, in addition the price is in the lower band of Bollinger.
This situation suggests a possible retracement towards 0.84 essentially in order to close a gap created last monday.
We need to wait an increase of Momentum before thinking about opening a position but the risk reward for a buy is pretty good now.
Cot report suggests net Euro positions are bigger than net GBP position.
Pay attenton to news and use a proper money management.
I will update my idea
BTC/USDT TA: 22.3.7Bitcoin is moving in the downtrend channel, the bottom of which is the 37000-37500 static support. If the support is broken, the next supports are marked on the chart.
Bitcoin needs to break the 45000$ level and stabilize above this area to start the uptrend.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 7.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
NVDA PT OF 210 - BY MARCH 8TH I have a price target of 210 for NVDA on or by Tuesday, March 8th. The On Balance Volume indicator is showing a hidden bearish divergence on the chart, with weakening bearish momentum.
With current geo-political events continuing to escalate, I see it becoming harder for NVDA to break its resistances. Couple this, with recent hacking attempts on NVDAs networks - I will be looking for puts the coming days.
SPY 422 PT - MARCH 8TH SPY should hit 422 on or by March 8th. Indicators show that Bullish momentum is growing weaker, while the On Balance Volume shows struggle in SPY going any higher.
With surging oil prices, and an escalating War in Europe, I think SPY will have a harder and harder time breaking through it's resistances. We also have the FEDs rate hike in March, and with new talks of the U.S and Europe closing gas lines from Russia, it is very possible we see an even higher surge in inflation, causing the FED to react faster than investors have priced in.
I will be looking for put opportunities on NVDA and SPY.
BTC/USDT TA: 22.3.6Bitcoin failed to stabilize above this level after breaking the resistance of 39800 to 40500.
According to news from China and Taiwan, as well as the Fed meeting and the possibility of raising interest rates to 0.5%, buyers are cautious.
There are still no signs of smart money coming in.
According to these notes i think bitcoin can move to 29-30K.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 6.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
russian ruble - Ukraine war according the ruble chart this complicated situation in Ukraine and Russia will be ended on Feb 2024 .this a monthly chart it means each candle will long for a month and there will be a lot changes in each candle. this is not an financial analyze but a time prediction for the war situation in Ukraine . future will show a lot of things.
EUR/USD Weekly EUR/USD may test 1.07 before reaction to 1.11 area
then the downtrend may resume to
test strong support at 1.045. The strong support
S2 if broken and the trend continue
lower in a sustain trading then it is
possible to see parity or even lower.
Any trend reversal up it needs a break and sustain
trading above R1 resistance line then R2.
very near term the US Dollar may continue to be strong.
There She GO! USDT.DAs I said before about USDT.D that how BULLISH is it, I hope you perfectly managed your found and didn't do anything dangerous, what do we do here is predict the algorithm of the present market for now we're looking for short positions on the top ranks of the market!
Stay safe guys and stay in touch for any updates and positions!
A Quick Vision On #BTCThere are 3 scenarios we’d have here about the #BTC 1H chart that I clearly marked on the table for you, this is not an actual signal or something, so don't take any positions on it, and as you remember I guess we talked about #USDT.D’s chart that how bullish that symbol is, so take double “found management” at this point and stay safe!
Gold Edges HigherGold is steadily uptrending but meeting fierce resistance. We appear to be forming a bull wedge with 1956 as an upper bound as a 1956. There are several levels above this to provide resistance and after that there is a relative high at 1973 or so which is sure to provide resistance. The Kovach OBV is steadily trending up suggesting a slight bull bias. But if we reject current levels, then 1936 will provide support, but we could test as low as 1895, which is our floor for now.
Bonds Volatile As Geopolitics WeighBonds have demonstrated some great volatility in the past 24 hours. We tested 127'08, and formed a rounding bottom before blasting off again to the 128 handle. A wick hit 128'24, another one of our levels before retreating to level off in the mid 128's around 128'11. We are right in the middle of the previous range between 127'08 and 128'24. The Kovach OBV is flat, suggesting it could go either way from here.
NVDA PRICE TARGET OF 232 - TOMORROW, MARCH 3NVDA slowly creeped up on Wednesday, March 2nd, with little volume (a sign of weak momentum) and closed the day with an impressive selloff - leaving price below the 15m 9ema.
NVDA has two options tomorrow the way I see it.
The first and most likely, is price drops to 232 and possibly even tests 226. This is will depend largely on the open tomorrow, and whether or not price stays below the 15m 9ema. This is backed by the the up trend being broken and the On Balance Volume indicator showing a steep decline.
The second and least likely, is price continues to creep up, retesting the upper trendline region of 250/252 - although I see it being very difficult for bulls to find the momentum to break through these strong resistances.
Of course, these analysis are becoming less reliable as the situation in Ukraine and Russia unfolds and updates.
MONEY FROM WAR? / NO, WE INVEST IN PEACE 🕊️☮️₿War profiteering
A war profiteer is any person or organization that derives profit from warfare or by selling weapons and other goods to parties at war. The term typically carries strong negative connotations. General profiteering, making a profit criticized as excessive or unreasonable, also occurs in peacetime. An example of war profiteers were the "shoddy" millionaires who allegedly sold recycled wool and cardboard shoes to soldiers during the American Civil War. Some have argued that major modern defense conglomerates like Lockheed Martin, Boeing, BAE Systems, General Dynamics, and Raytheon fit the description in the post-9/11 era. This argument is based in the political influence of the defense industry, for example in 2010 the defense industry spent $144 million on lobbying and donated over $22.6 million to congressional candidates, as well as large profits for defense company shareholders in the post-9/11 period.
International arms dealers
Further information: Arms Industry
Others make their money by cooperating with the authorities. Basil Zaharoff's Vickers Company sold weapons to all the parties involved in the Chaco War. Companies like Opel and IBM have been labeled war profiteers for their involvement with the Third Reich. In the case of IBM they developed technologies that were used to count, catalog, and select Jewish people whom could then be targeted for efficient asset confiscation, consolidation in ghettos, deportation, enslaved labor, and, ultimately, annihilation.
Commodity dealers
War usually leads to a shortage in the supply of commodities, which results in higher prices and higher revenues. When it comes to supply and demand in terms of economics, profit is the most important end. During war time, "war-stuff" is in high demand, and demands must be met. Prior to the invasion of Iraq in 2003, oil production was controlled by the Iraqi government, and was off limits to Western companies. As of 2014, foreign owned private firms dominate Iraqi oil production.
WE INVEST IN PEACE 🕊️☮️₿,
The FXPROFESSOR
Markets are optimistic, pushing high-yield assets higherToday's forex news: Markets are optimistic, pushing high-yield assets higher
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On Thursday, risk continued to take the lead amid Eastern Europe's ongoing war issue. While the Russian stock market remains closed, shares of European corporations with exposure to Russia have plummeted. Meanwhile, the government is on the verge of default due to international sanctions. However, Russia continued its aggression against Ukraine, and Russian President Vladimir Putin told French President Macron that the objectives of Russia's operation in Ukraine would be carried out regardless of the outcome.
Wall Street started the day with significant gains but shortly went red due to concerns about the war and an assertive Federal Reserve in the United States. Jerome Powell, the Fed's chairman, stated on his second day before Congress that policymakers are prepared to raise rates by more than 25 basis points in upcoming sessions, further dampening demand for high-yielding assets.
On the back of the news from Ukraine, the atmosphere improved, and markets rebounded, putting an end to the dollar's rally. Kyiv announced that it had achieved a preliminary deal with Russia to create safe corridors for civilian evacuations. A ceasefire would be observed where safe corridors are established under the terms of the agreement. Additionally, the third round of negotiations has been scheduled for next week.
Meanwhile, Bank of Canada Governor Tiff Macklem stated that he would not rule out a future 50-basis-point rate hike, noting that there is plenty of room to raise interest rates this year.
The EUR/USD pair fell to 1.1032, its lowest level since May 2020, as investors sought safety. The pair is hovering around 1.1060 as we approach the daily close. GBP/USD is trading near the 1.3350 level.
The Australian dollar was one of the best performers, with AUD/USD hitting a new 2022 high of 0.7347 and maintaining close to that level ahead of the Asian start. The USD/CAD pair increased somewhat and finished at approximately 1.2675, as crude oil prices finally eased a little.
Gold prices increased modestly. Spot gold is trading about $1,933.00 per troy ounce, remaining within Wednesday's range. WTI reached a peak of $116.51 per barrel but is currently trading around $108.00.
#Mitrade #Russia #YieldCurve #Inflation #Gold #USDJPY #EURUSD #GBPUSD #FXNEWS
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180$ for barrel?! What will happen with Oil Price during WarOnly peace will save us - as one proverb says. But is it really the case with the oil price? The war in Ukraine and the turmoil over Russian oil are shaking the markets, so we have to look at the situation from several perspectives.
the nearest option resistance is at USD 120
we have a lot of Virgin VPOCs below the current price, which theoretically should act as a ballast inhibiting further increases
in the background the risk of the imposition of further sanctions banning the import of Russian oil in individual countries
ignorance of OPEC at the last meeting - political and supply turmoil around oil and the session ... lasts a record 13 minutes without mentioning the oil supply limitation by one of the key OPEC producers!
The situation becomes even more interesting if we see where the funds are located on the Options from the Expiry Date in mid-April 2022 - the resistance (i.e. investors place money on CALL options) with a record high turnover is ... the level of USD 180 per barrel! At the time of writing the analysis, we have as many as 4241 options there. Even at the next expiration of options in mid-March (little time until Expiry), we can see the capital shifting towards $ 140, where levels of $ 100-110 were staked at the beginning of the war in Ukraine.
The options market often brings information well in advance. Get an edge in trading today with access to daily analyzed levels and option data from multiple instruments. The inquisitive will find a link to the page where the results of trading with the use of tools and option data are presented, as well as information about the mechanics of the market available for free.
And what are your expectations for the coming weeks ad. oil prices? I'd love to hear from you!
Here are Two Possibilities That can happenThere are two scenarios about USDT.D that you can clearly see on the chart over here, and it’s reacting point to point perfectly, we must have a couple of green candles on the charts of the crypto market I guess, and looking for a better opportunity to get into a perfect position on the top ranks of the market.
As always stay safe and manage whatever you have to manage because whatever can happen on a chart, will happen!