CatalystEdge

CatalystEdge

The April print was recognised as a possible obstacle for the Bank of England (BoE) following last year's print, which signalled the beginning of an increase in inflation pressures that led to another interest rate hike by the BoE. There was an expectation that the decrease in headline inflation before the April 2024 report would reduce the rate of increase in...

CatalystEdge

Scalping on XAU (Gold) due to its recent volatility and short-term bullish signals. The current market conditions indicate potential quick profit opportunities through rapid, small-scale trades. Target entry: (refer BOX). Stop-loss set at (own preferences).

CatalystEdge

Due to its strong fundamentals and recent bullish momentum. With ongoing network upgrades, increasing adoption of its blockchain technology, and a robust ecosystem of decentralized applications (dApps), SOL is well-positioned for significant growth. Target entry: $10X.XX, with a short-term target price of $170.XX, reflecting a potential gain of 60%.

CatalystEdge

Gold gained traction and turned positive on the day above $1,920 after falling toward $1,910 earlier in the day. The benchmark 10-year US Treasury bond yield holds above 4.7% ahead of US data, making it difficult for XAU/USD to gather bullish momentum. Next support on 1877 R/R ratio 1:5

CatalystEdge

The bank said in a Monday note that trend-following traders on Wall Street, also known as commodity trading advisers (CTAs), are short a record $47 billion of US stocks. The extreme positioning comes after they sold $88 billion worth of stocks over the past 15 trading sessions. "(businessinsider.com)"

CatalystEdge Updated 

According to the most recent Fed Fund Futures probabilities, US interest rates have a 40% chance of being raised to 550-575 this year in either November or December. As expected, headline and core inflation will diverge.

CatalystEdge

Big Short or BIG NO? Inflation is the new RESET era Much attention is focused on key inflation data , with the consumer price index expected and the producer price index.

CatalystEdge Updated 

Slide to my previous Ideas. GOLD prices still projected to the downside as Fed's denial on interest cut for this year 2023.

CatalystEdge

The US dollar is flat as Jerome Powell provides no fresh important information. The DXY Currency Index support breakout has been unimpressive thus far, and the Australian dollar is now looking ahead to the local monthly inflation indicator.

CatalystEdge

The S&P500 rose after the release of minutes from the Federal Reserve's most recent meeting, which revealed members were laser-focused on managing inflation even as they decided to delay their rate hike pace. Officials at the Fed's policy meeting on 2022 December 13-14 agreed that the US central bank should continue to raise the cost of credit to restrict the rate...

CatalystEdge Updated 

My prediction on Kiwi will have slightly bullish in the near term. And projected to be traded lower as DXY strengthened.

CatalystEdge

Updated with clear technical analysis. Price approaching near term downside. Apart of year end of 2022, a slower pace could be expect and uncertainties movement towards 2023.

CatalystEdge

Target price for DXY to bottom out for the rest of 2022. DXY projected to be traded higher for 2023.

CatalystEdge

Expecting on bearish for 2023. Prices will slightly traded higher in the meantime since weakened in USD (refer DXY).

CatalystEdge

Please consult from my previous analysis. Bearish trend on weekly basis still in effect.

CatalystEdge

(1) Bearish trend for a long period of time. (2) Expected to rebound at the area given (refer chart). And continue slightly to drop. (3) DXY projected on rallies inline with interest hikes until the inflation rate 'enough' for cooling down U.S economy.

CatalystEdge

Expected to rebound at 0.40 MYR. Targeted resistance at 0.50 MYR. (1) The price inclining while the volumes insisted prior to previous prices. Expected on continuous bearish trend if the price couldn't break the resistance. (2) Within the current global economy onto further OPR leads to underperformance in markets.

CatalystEdge

Price failed to break Resistance at 382$ Hence, price formed a Lower Low and Lower High Expected to bottom out to the next SUPPORT My POV's still on bearish trend for a long period of time