fbpx

Category: analyses

Fed with another jumbo rate hike of 75 bp! What is next? Check EURUSD and GBPUSD’s latest updates!

Fed with another jumbo rate hike of 75 bp! What is next? Check EURUSD and GBPUSD’s latest updates! FEd Rate Hike and Market updates

U.S. Fed increased interest rates by another jumbo 75 bp, as the market expected. We saw an initial bullish spike in the stock market and a drop in USD reaction to a critical sentence from the Fed statement.

S&P 500 closed a bullish week, and it formed an excellent weekly bullish divergence

S&P 500 closed a bullish week, and it formed an excellent weekly bullish divergence s&p500 Weekly Analsyis

S&P 500 closed a bullish week, and it formed an excellent weekly bullish divergence. 200 weekly moving average (4-year average) was respected, and the price has formed a signal “not to sell” called “weekly inverted hammer”. After already 3-weeks of consolidation, the price showed the expected strength.

Tesla’s price is declining after the split and Fed’s hawkish tone.

Tesla’s price is declining after the split and Fed’s hawkish tone. Tesla logo

Tesla’s price is declining after the split and Fed’s hawkish tone. Technically the chart looks more bearish than bullish as it forms a Weekly bearish Head and Shoulders pattern. Fundamentally it is overvalued company based on our Discounted cashflow model.

Macro Fundametnal & Technical Analysis

Macro Fundametnal & Technical Analysis US500-Price-Action-Wave-Analysis-26-Aug-22

The Global macroeconomic situation doesn’t look so pretty. The deceleration continues, with significant European trouble and softness in the US and China.
The US economy continues to accelerate into recession-level conditions. The ECRI weekly leading index, for example, looks grim. European energy crisis deepens. Dax is declining. S&P500 is forming wave-4.

USDCAD visited the YTD highs at 1.3050s but failed to break up again.

USDCAD visited the YTD highs at 1.3050s but failed to break up again. USDCAD

USDCAD visited the YTD highs at 1.3050s but failed to break up again.  The price has formed a clear Head & Shoulder reversal chart pattern, where we took a sell position supported with good volume.  If the price bounces back to the previous support to retest as new resistance, we will be ready to watch […]

Scroll to Top