Making Do – Slope of Hope – Technical Tools for Traders
When traveling, I need to improvise to create a decently ergonomic work environment. Given some of my strange musings, you can now at least declare with photographic evidence that some…
Bulls get a boost after weak US PMIs
Share: NZD/USD surged above the 0.5980 area, setting a three-day winning streak. US PMIs failed to meet expectations, but the US Service sector remains resilient compared to the…
British pound eyes PMIs reports
UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesday The British pound started the Tuesday session in positive territory but has given up these…
Did Ya Get It? – Slope of Hope – Technical Tools for Traders
I wanted all my paying members (Bronze, Silver, Gold, Platinum) to know that I sent out a special email specifically to you earlier this morning. If you got it, great.…
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?
Share: Bitcoin CME gaps exist due to the lack of trading on CME on weekends. These gaps have become self-fulfilling prophecies that are often rebalanced. There gaps currently…
Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV
US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium. Fed Chair Powell’s speech will reiterate that more rate hikes might be needed and…
Tesla in Days Ahead – Slope of Hope – Technical Tools for Traders
The stock chart of TSLA has been behaving itself quite predictably lately. The company has lost a quarter of its value in a matter of weeks, and after it pierced…
SEC faces fight from Ripple on its interlocutory appeal in SEC vs Ripple lawsuit
Share: Ripple and its executives opposed the SEC’s motion to file an appeal in the lawsuit. Ripple argues that there is no legal rule to back the SEC’s…
NZD/USD Technical: Minor downtrend intact ahead of RBNZ
The Kiwi is the worst-performing currency among the majors where it depreciated by -7.1% against the USD on a rolling one-month basis. RBNZ Is expected to maintain its OCR at…
Remarkable Concentration – Slope of Hope – Technical Tools for Traders
By Tim Knight – 4 hours ago (14, Aug 2023 9:02:00 PM) Remarkable Concentration Remarkable Concentration In order to comment on this blog, you must have JavaScript installed and enabled.…
Hedera price eyes 5% gains as short traders’ take profit levels trigger new buys orders
Share: Hedera price is up 2% in the last two days, with prospects for more gains as buying pressure increases. The surge comes after short traders take profit…
Japanese yen knocking on the 145 door
US CPI accelerates to 3.2% US PPI climbs 0.7% The Japanese yen is trading quietly on Friday. In the European session, USD/JPY is trading at 144.82, up 0.07%. It has…
Inflation’s Reaction – Slope of Hope – Technical Tools for Traders
All right, the big data point is behind us! Before the CPI was released, there were all kinds of speculative, often contradictory, stories about the CPI and what it would…
Polygon investors resort to dormancy as MATIC price nears 13-month low for the second time
Share: MATIC price is inching closer to $0.585, which was recently tested in June and last breached in July 2022. MATIC holders’ participation has declined by about 60%…
King Dollar returns and takes down Commodities and their Currencies
USD surges as 10-year Treasury rises 4.4bps to 4.067%, highest level since November Oil unable to rally after US crude stockpiles dropped by a record 17 million barrels last week…
Son of a Fitch – Slope of Hope – Technical Tools for Traders
By Tim Knight – 3 hours ago (01, Aug 2023 4:47:04 PM) Son of a Fitch Son of a Fitch In order to comment on this blog, you must have…
GBP/USD remains on the defensive amid stronger USD, manages to hold above 1.2800 mark
Share: GBP/USD edges lower for the second straight day on Tuesday, albeit lacks follow-through. The USD climbs to a fresh multi-week top and turns out to be a…
Week Ahead – BoE to keep hiking, US jobs and eurozone inflation eyed
US With inflation steadily cooling, the Fed’s historic tightening campaign appears to be ending. The focus on Wall Street won’t just be inflation but now also economic activity. The upcoming…
Survivorship Bias – Slope of Hope – Technical Tools for Traders
I stumbled upon a particular item I wanted to share, because I think it speaks to a phenomenon going on right now in this Stonks Only Go Up Version 2…
Yen jumps amid speculations of a tweak at the BoJ; Dollar rallies on US data
Share: According to media reports, the Bank of Japan will discuss making a tweak to its yield curve control (YCC) on Friday; the BoJ meeting will be the…