XAUUSD 1H TA : +160 Pips ✅This is the result of gold analysis in a ugly market😅 , more than 160 pips profit , just look at the candlesticks and how much ugly they are 😂 , It hit the second target. ✅
The last analysis :
The first scenario is fall from $ 1839 - $ 1845 to $ 1830 as the first target range and $ 1823 to $ 1815 as the second target range! The next scenario is consolidation above $ 1834 and growth up to the range of $ 1847 - $ 1852 as the first BULLISH target and then the beginning of price correction to the mentioned ranges before in Scn.1 ! ( this analysis will be updated) .
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👤 Arman Shaban : @ArmanShabanTrading
📅 06.22.2022
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FOMC
BITCOIN 1H TA : Short Result : +8% ✅ I hope you have used this analysis and made the best decision at the best time. The price started to correct exactly according to my analysis after collecting liquidity above the mentioned level and reached the range of 20K.
The Last analysis :
There are 3 possibilities for #BTC that i indicated them on the chart , The last mid-term analysis was : According to previous analysis, as we said, we needed to wait for the positive reaction to the BULLISH BREAKER BLOCK zone (in the range of $ 14850 to $ 19500) . The price reacted positively to this high-potential range of demand. Note that this upward movement will still need to consolidate and will not be a 100% sign of an uptrend ( Bullish Trend ) , Because macroeconomic factors show the opposite. With an optimistic view and if the price consolidates above this price range, we can expect growth to eventually reach $ 29,000 and then continue to fall ...!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.21.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BTCUSD Daily TA Cautiously BearishBTCUSD Daily cautiously bearish. Recommended ratio: 15% BTC, 85% Cash. *Equity and crypto markets are bouncing today off of speculation that the Fed may be able to ring in inflation without a recession; this is highly speculative and is happening at a critical support level for BTC ($20k) which is important for bulls to defend in order to avoid mass liquidations from large institutionally levered players like Microstrategy (this would cause an even larger downward cascade in PA).* Price is currently hovering at $20500 as bulls are attempting to prevent it from breaking $20k to formally test $19417 support. Volume is currently Moderate and is on track to favor buyers in today's session if it can close in the green; this would be bullish going into the weekend. Parabolic SAR flips bullish at $28k, this margin is mildly bullish. RSI is currently trending up slight at 22 after being rejected by the uptrend line from 01/22/22 (as resistance) at 25.60 resistance; if it can stay above 25.60 for two consecutive sessions it will help confirm that the uptrend line from 01/22/22 is still intact. Stochastic remains bullish (barely) for a second consecutive session as it is trending up slightly at 5 after retesting max bottom. MACD remains bearish and is currently testing -2497 minor support with no signs of trough formation; the next support is the ATL at -5089. ADX is currently trending up at 36 as Price continues to fall, this is bearish. If Price is able to bounce here then it will likely test $24180 minor resistance. However, if Price continues to break down here, it will likely formally test $19417 support for the first time since breaking out above it in December 2020. Mental Stop Loss: (two consecutive closes above) $24180.
SPX Daily TA Cautiously BearishSPX Daily cautiously bearish. Recommended ratio: 10% SPX, 90% Cash. *Gains from yesterday's FOMC announcement about a 75 bp rate hike were all but given back today in what was an apparent Bull Trap. With June's PMI report coming 06/23 and July's CPI report coming 07/13, it's hard to imagine that the inflation situation is going to get better when SNB just raised their policy rate for the first time since 2007 , the BOE sees domestic inflation hitting 11% in October and still only raised their bank rate by 25 bp (albeit for a fifth consecutive time the BOE bank rate sits at only 1.25%) today, the ECB has somehow managed to keep their bank rate at -0.50 amidst all of this (it has remained unchanged since 2019) and will meet 07/21 to announce a planned 25 bp bank rate increase, and the BOJ is set to announce (in approx 5 hours) whether or not they will slow down QE and begin hiking their policy rates too . All that said, a global recession is very much so on the table and it currently seems as if that's what it will take for equity and crypto markets to bottom (financial markets usually rise and fall before the economy does due to their futures dependency).* Price is currently trending down at $3666 and is still technically testing $3706 support. Volume remains Moderate (High) and after favoring sellers in today's session has no favored sellers in eight of the past ten sessions. Parabolic SAR flips bullish at $4105, this margin is mildly bullish. RSI is currently testing the uptrend line from 01/27/22, as well as the uptrend line from August 2015, at ~30. Stochastic is currently crossing over bullish at 6.50 but is trending down slightly and may regress to a bearish crossover in tomorrow's session if it cannot find buying momentum; the next resistance is at 18.32 and support at max bottom. MACD remains bearish and is currently trending down at 95 with no signs of trough formation as it is quickly breaking away from -76.22 minor support. ADX is currently trending up at 25 as Price continues to fall, this is bearish. If Price is able bounce here at $3706 minor support then it will likely aim to retest the lower trendline of the descending channel from August 2021 at ~$3900 as resistance. However, if Price continues to break down here, it will likely retest $3508 minor support for the first time since November 2020. Mental Stop Loss: (two consecutive closes above) $3706.
ETHUSD Daily TA BearishETHUSD Daily bearish. Recommended ratio: 5% ETH, 95% Cash. *With Celsius and 3AC both crashing hard and on the verge of total collapse, the crypto market is continuing to take a barrage of bearish hits during a period of Fed QT and hawkish monetary policy.* Price is currently forming a Bearish Engulfing candle (at $1050) as it quickly approaches sub-$1000 prices; the next support is at $775.83. Volume is Moderate (high) and, if it closes today in the red, will have favored sellers in nine of the ten last sessions. Parabolic SAR flips bullish at $1550, this margin is mildly bullish. RSI was rejected by the uptrend line from 01/22/22 as resistance and is currently trending down at 20; the next support is the ATL at 17.42. Stochastic crossed over bullish at 3 in yesterday's session and is already on the verge of regressing to a bearish crossover at 3 in today's session; the next resistance is at 17.81. MACD remains bearish and is currently trending down at -237 with no signs of trough formation as it is slowly losing -197.34 support; the next support is the ATL at 318.82. ADX is currently trending up at 47 as Price continues to fall, this is bearish. If Price is able to bounce here it will have another opportunity to test the lower trendline of the descending channel from October 2021 at $1350 as resistance. However, if Price continues to break down here it will likely test $775.83 support for the first time since breaking above it in January 2021. Mental Stop Loss: (two consecutive closes above) $1350.
DXY gonna hav a crayZ move when the FOMC meeting happensThe fib time zone that I have drawn on the DXY chart tells that there is going to be a strong move but as anybody who has used fib time zones knows, it doesn't say in what direction. The bond market has (according to traders better than me) priced in so a 75bps hike, so that is certainly on the cards (I don't think that that will happen tbh but I'm pulling that out arse its just a hunch I guess) however we will have to see what happens in just under 14hrs when the Producer Price Index is published which should tell us a what the Personal Consumption Expenditure Price Index will tell us. The FED on their own website say "The Federal Open Market Committee (FOMC) judges that an annual increase in inflation of 2 percent in the price index for personal consumption expenditures (PCE), produced by the Department of Commerce, is most consistent over the longer run with the Federal Reserve’s mandate for maximum employment and price stability. The FOMC uses the PCE price index largely because it covers a wide range of household spending." so if tomorrow the PPI is low I will definitely consider longing BTC. My only hesitation however is since this move down has been so strong just a limp ass support wont cut it and we need to go back to 20k from the previous market high to trigger a real reversal and for the SPX/NDQ the same is true and that support would be the high before the Corona market crash in late February 2020 (the opinion of a better trader than myself also). We will see
Swiss franc soars after SNB surprise hikeThe Swiss franc has posted massive gains today after the Swiss National Bank raised interest rates by 0.50%. In the North American session, USD/CHF is trading at 0.9653, down a massive 2.91% on the day.
It has been a week of central bank drama, which started with the Federal Reserve delivering a massive 0.75% rate hike. This was followed today by a Swiss shocker, as the SNB tightened the screws on monetary policy with its first rate increase since 2007, raising rates from -0.75% to -0.25%. The markets had become accustomed to the SNB's ultra-low rate of -0.75%, which had been in place since 2015.
Most major central banks, with the notable exception of the Bank of Japan, are in the midst of a rate-tightening cycle, as they attempt to wrestle down surging inflation. After the rate hike, SNB Chairman Thomas Jordan said that the SNB was concerned about rising inflation in Switzerland, which is heading towards 3%. The rate statement reflected Jordan's comments, saying that further hikes could be implemented in order to stabilize inflation.
The statement also reiterated that the SNB would be "willing to be active in the foreign exchange market as necessary." The SNB carefully monitors the exchange rate and has intervened in the past when it deemed the Swiss franc's value as too high, which is detrimental to Switzerland's export-reliant economy. The Swiss franc has been on a slide, falling 400 points and breaking above parity earlier this week. The SNB may have felt that this was a prudent time to deliver a significant rate hike, even though it would send the Swiss franc sharply higher.
There were no surprises from the Federal Reserve, which raised rates by 0.75%, to a target range of 1.50-1.75%. The Fed downgraded its US growth forecasts for 2022 and 2023, but insisted that there would be no recession. Some analysts would beg to disagree, but the financial markets were relieved, as Fed Chair Powell said he didn't expect 0.75% rate hikes to become common. This is a massive rate hike, the largest since 1994. Will it hasten the long sought-after inflation peak? Along with the Fed, we'll have to be patient and wait.
USD/CHF has broken through support at 0.9928 and 0.9792. The pair is testing support at 0.9698, with 0.9500 the next support line
There is resistance at 1.0084
HERES A REASON WHY I THINK BTC NEEDS TO GO TO 28K 1.Clear market shift in 4h frame.
2. Double down in 1h chart with no retest
3.Too much liquidity lying under 19.4
4. When using volume profile i see the imbalance at 20.6-23.2-25.2 up till 28.2
5. Some correction needs to be done before going any lower. If btc breaks my sl it goes straight to 17.6-14.8
6. BTC on supp of 40% retracement level in log chart
7. hammer candlestick( reversal candlestick) on the daily chart
SOME REASONS TO BE BEARISH TOO:
1.Extreme market fear
2. Got rejected from 23k. ( major resistance for now)
ON CONCLUSION :
correction needed to done if we go lower on ltf(since 23k rejection). correction need to be done if we go up( since its coming down rn). correction needs to be done before we drop any lower on HTF. major zone for bitcoin with loads of liquidity
$BTC now what?It just missed our start of the box but no worries. i am a bear and i think it's the perfect time for a bear market rally provided spx holds it levels. Although before rallying i first would like to see btc hold 20k when spx take out the lows of 2021. the first target for rally would be 28k then 33k if that holds we can talk about 35k and 40k. This would be a perfect bear market rally as people will think the bulls are back but in real this will be crushing so many retailers. I think after hitting these there's a possibility of going down bad depending on the economical situation. my targets would be 15k-11k-9k. a big accumulation for 3-6 months is what i want to see to start a new cycle.
FED's rate hike will play a major role taking the liquidity out of the market making sure people believe everything is dead.
BTCUSD Daily TA Cautiously BearishBTCUSD Daily cautiously bearish. Recommended ratio: 15% BTC, 85% Cash. *Markets seemed to like the Fed's decision to go with a 75 bp rate hike, but with the next PMI report arriving on June 23rd it's unclear how long this excitement will last. If PMI comes in higher than last month and by a larger percentage than the previous report, it would imply that inflation is still raging and markets will likely react negatively; if it comes in higher than last month but by a lesser percentage than the previous report, it will likely signal that inflation is slowing and markets may react negatively but perhaps more briefly than in the previous scenario; and if it somehow comes in lower than it did in May we may see a stronger rally to end the month. The next CPI report is due July 13th and the next FOMC meeting is July 26-27. Vlad the Not so Great is likely going to continue escalating the war in Ukraine, China's 'Zero-Covid' Policy may or may not come to a halt come Autumn when it is election time for the CCP, and the situation between China/Taiwan/Japan and the South and East China Sea is still a wildcard for the end of 2022. Lots to be vigilant about so stay safe.* Price is currently forming a Bull Flag bottom in effort to reclaim $24180 minor support and avoid formally testing $19417 support. Volume remains high and is currently on track to favor buyers if it can close this session in the green; buyers reacted positively to the FOMC decision to raise the Fed Funds Rate by 75 bps. Parabolic SAR flips bullish at $31150, this margin is mildly bullish at the moment. RSI is currently trending up at 25.60 support as it attempts to reclaim support at the uptrend line form 01/22/22. Stochastic remains bearish and is currently trending sideways at max bottom; though it can coast in the "bearish autobahn zone" for some time, a bullish crossover is likely pending. MACD remains bearish and is currently trending down at -2037; the next support (minor) is at -2497 and the next resistance -1435 (still very loosely can act as support with a bounce here). ADX is currently trending up at 32 as Price is attempting to find a bottom, this is mildly bearish. If Price is able to continue the move upward it will likely test $24180 minor resistance before potentially going higher to test the 50/50 uptrend line from August 2017 at $29k. However, if Price breaks down here then it will likely test $19417 support. Mental Stop Loss: (two consecutive closes above) $24180.
Today’s Notable Sentiment ShiftsUSD/FOMC – The Federal Reserve raised interest rates by 75 basis points on Wednesday – its single biggest rate increase since 1994. The Fed justified the historic move was necessary to fight inflation but also projected a slowing economy and rising unemployment in the months ahead.
Following an initial uptick in USD, the reserve currency sold off across the board. Explaining USD’s eventual weakness, Wester Union simply stated that “the dollar largely succumbed to the buy the rumor/sell the fact dynamic in the wake of the Fed decision.” While Corpay argues that “ultimately, Powell failed to out-hawk market expectations.” Adding that “traders are piling into currencies issued by central banks that are likely to follow today’s Fed’s hike with aggressive moves of their own.”
XAUUSD 2nd TP Reached : +170 Pips ✅✅ TP1 Reached ✅ ~ $ 1831
✅ TP2 Reached ✅ ~ $ 1842
Last analysis : As you can see, after collecting liquidity below $ 1807, the price faced demand and increased by $ 20, now trading in the range of $ 1827, the first scenario is to rise to the levels indicated on the chart, respectively: $ 1831, 1842, $ 1851, $ 1857 and $ 1863 ...! The second scenario is rejecting from $ 1824 to $ 1831 zone and moving to the $ 1804 and $ 1787 targets.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.16.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 03 - FED 0.75%]Quick update on the Cycle Bottom Indicator (CBI) tracking + Log Chart post central bank federal funds rate announcement with a 75 basis point increase.
See link for announcement: www.wsj.com
This was not too much of a surprise, given:
1) inflation numbers after a
2) massive increase in M1 currency supply post COVID (in all tear 1 currencies) and
3) the massive gap emerging between 2 Year Treasury Bond Yield vs FED Funds Rate we discussed in the last post.
There is every chance the FED will continue to go hard on interest rate increases until we see the gap close.
Will be interesting to see how the CBI performs in such uncharted bottoming conditions for BTC.
XAUUSD - KOG REPORT - FOMC!KOG Report FOMC:
This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price.
Gold has worked well for us this week as well as the other pairs so for this FOMC we’re not really too concerned about getting into a good position for it. What we will say though is to wait for the move to finish, that’s if its not already priced in. This is either going to be another no show event or, we’re going to see this tap into the highs or lows over the coming sessions.
So, what can we expect in the coming session?
We have support here on the hourly at the 1820 region, as we said the other day there’s a bit of a mess left behind that the market may want to clear up and then resume the bearish move! We have some Excalibur targets on other pairs which suggest we may get a push down first and then a rise up into the 1850-55 level. So we will look at this as always with 2 scenarios in mind, with the view not to take any entries unless the market targets the high or the low regions. If we don’t get those regions then we’ll simply sit out and revert back to intraday trading from tomorrow.
Scenario 1:
They push the price down, we will only be looking for the lower support region which is sitting around the 1780-85 mark before we then look for strong support, we feel this level would represent an opportunity to then long the market back up into the 1800, 1810 and above that 1820 levels initially.
Scenario 2:
They push the price up, we will be looking for the higher resistance level of 1850-55 and above that 1880-85 where is we see resistance we feel an opportunity to short the market will present itself.
As we said, we’re going to keep it simple this time. The markets are very volatile and aggressive, and it doesn’t look like they’re finished yet! We had a good week and don’t want to give anything back to market so please trade carefully if you are going to trade it.
Hope this helps in preparation for FOMC, we will update you as we go along as we usually do. Please do support us by hitting the like button, leaving a comment and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD 4H TA : 06.15.22 (Update 2)The First Target Reached : +100 Pips so far
Last analysis : As you can see, after collecting liquidity below $ 1807, the price faced demand and increased by $ 20, now trading in the range of $ 1827, the first scenario is to rise to the levels indicated on the chart, respectively: $ 1831, 1842, $ 1851, $ 1857 and $ 1863 ...! The second scenario is rejecting from $ 1824 to $ 1831 zone and moving to the $ 1804 and $ 1787 targets.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.15.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Stocks Await the FOMCStocks are hovering at lows, establishing value in the mid 3700's. The S&P 500 is clearly waiting for the FOMC event today, so don't expect much action at open. The Kovach OBV has picked up a bit, and we have found support in the low 3700's. We appear to be forming a small bull wedge pattern with a neckline at 3758. If we do break out, we should find immediate resistance in the 3800's, starting at 3792, however another dump could take us back to lows at 3694.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- DXY is currently at 104.863 LEVEL. The USD traded slightly lower with the MARKET RISK OFF in the last few days. Also, at present the CAD FEATURE is at 0.7725 LEVEL. However, CAD is a bit WEAK compared to DXY. Due to this USDCAD is becoming BUY. This is because the USD receives a POSITIVE SENTIMENT and the USD receives a RATE HIKE SENTIMENT.
- Currently the OVERALL MARKET is showing a RISK ON nature. STOCKS are currently getting a bit GREEN showing a RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS today. Currently the market has a RISK ON SENTIMENT. Therefore, in the future, all currencies such as NZD, CAD and AUD may be slightly UPA compared to JPY CHF and USD.
- USDCAD PRICE can be DOWN to 1.2847 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.3189 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. You can be a DXY UP from FOMC UPDATES today. So stay tuned for that.
Bitcoin Trend Analytics May June 15th - risks accumulateBTC is running bearish in a steeper downward channel. The lower line of the channel comes to $15267.44 today. (As shown in the chart)
The expectation of FOMC’s decision now shows 6.3% for +50bp; 93.7% for +75bp; 0% +25%bp .
The market agrees on 20k as key support, an astute point at $20222.47. Nevertheless, monitor the next support is $18457.23.
Fed’s decision will be settled at 02:00 June 16th (UTC+8). Previous rate 1%; expected rate 1.5%. Lower than expectation, bullish; equal to 1.5%, slightly bearish; higher than expectation, bearish.
Watch out for the risks of high volatility at the time of the release.
ETH/USD Daily TA Cautiously BearishETH/USD Daily cautiously bearish. Recommended ratio: 10% ETH, 90% Cash. *FOMC WATCH tomorrow at 2pm. For those thinking that Celsius Network is what caused this recent crypto downturn, the same can be said for Terra, and both look like prime scapegoats but the fact is that they merely added fuel to an already blazing fire. $9.3 trillion has now left the stock market since the Fed announced QT in January, add supply chain woes prompted by Covid-19 and later exacerbated by Russia/Ukraine (as well as still ongoing lockdowns), and we are beginning to paint a clearer picture as to why speculative capital is fleeing equities and crypto.* Price is currently trending down at $1200 but is still technically testing the lower trendline of the descending channel from October 2021 (~$1400) as support. Volume is High and is currently on track to favor buyers (after seven consecutive sessions of seller dominance) if it can close today in the green - buyers are showing up at this current level. Parabolic SAR flips bullish at $1750, this margin is mildly bullish. RSI is currently bouncing at 21 and is still technically testing the uptrend line from 01/22/22 (26.50) as support - it would need to climb back above 26.50 quickly to retain support. Stochastic remains bearish and is currently on the verge of crossing over bullish at max bottom. MACD remains bearish and is currently testing -197.34 support with no signs of trough formation; the next support is at -318.82. ADX is currently trending up at 43 as Price continues to fall, this is bearish. If Price is able to bounce here then it will likely test the lower trendline of the descending channel from October 2021 at ~$1400 as resistance before potentially reclaiming legitimate channel support. However, if Price continues to break down here, it will likely test $775.83 support for the first time since breaking above it in January 2021. Mental Stop Loss: (two consecutive closes above) $1400.
BTCUSDT (Neutral) After a long period of whales manipulation and consolidation, bitcoin or btcusdt had finally moved down!
It trapped the bulltards before reversing the market to go down.
We finally moved down to 21k usdt.
Now, I bias is neutral, either we move up from here or we continue to go down.
There is an upcoming FOMC news!
How do you think it will move the market?
This is not a signal and do not follow but a trade idea. Use your brain to trade and don't follow blindly!
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
Stocks Stabilize Ahead of FOMCThe S&P 500 has dumped further, and we are well below previous relative lows. It was pretty much a straight dive from the 4100's to the 3700's, with very little buy back or even a sign of a technical retracement. We do appear to be finding support at 3758, with a wick extending down a bit further to 3714 or so. After that, we got a small pivot back to 3792 or so. The Kovach OBV has leveled off and is even starting to turn up a bit, suggesting that we may see continued support at these levels and even range a bit between 3758 and 3792. We anticipate 3714 to be a floor for now, but another proper selloff could easily smash through and test the 3600's. It should be a quiet day today as the markets are anticipating the FOMC tomorrow.