The Australian Dollar has strong fundamentals, but external influences are dominating for now. Will the strong economy be realised in the AUD/USD price? Daily price is located in the primary bullish area of the chart above Ichimoku cloud: the price is on the secondary correction started 2-3 days ago by breaking 0.7455 support level to below for the correction to be continuing with 0.7253 target for the daily bearish reversal to be started. ...
Q1 hasn’t been easy for investors. And as we look ahead to what is in store for crypto markets in Q2, we can still believe that “macro matters” in the sense that tighter financial conditions and slowing economic growth are serious headwinds. The de-leveraging and liquidity draining impact of the Fed’s policy shift will likely cap any serious rise in crypto prices, but in the face of that, there are a few fundamental and regulatory points for long term investors to be excited about. ...
Airbnb stock (NASDAQ: ABNB) has rallied by almost 25% over the last month, compared to the Nasdaq-100, which gained about 9% over the same period. The daily and weekly price is ranging around Ichimoku cloud within 161/179 support/resistance level waiting for the direction of the strong trend to be started. more...
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD, AUD, GBP and EUR fell as the S&P 500 and 10-year Treasury yield climbed. Stocks and bond yields rising in tandem can make it difficult for the Japanese currency to shine. The weekly price is on primary bullish market condition for trying to break 125 resistance ...
First-time claims for U.S. unemployment benefits saw a modest decrease in the week ended April 2nd, according to a report released by the Labor Department on Thursday. The chart was made using Metatrader 5 with Brainwashing Original Ichi trading system (this trading system is attached to the post as zip archive for example). more...