Ticker Tape by TradingView

EURUSD Where is The Bottom?






1st Target has been hitted, Where is the botton? We are looking in to short entry positions below 1.2200 with eyes on the 1.2000 target.

https://www.tradingview.com/x/Bk3cy46v/

Comments

Post a Comment

Popular posts from this blog

Bear Market

Image
Bear Market What is it and how to take advantage Means a market in which share prices are falling, encouraging selling. This is a definition by dictionary, but what actually this means for a investor point of view and drives the shares price d evaluate or the encouragement of the assets sell off? Usually the Exchange is marked by popular enthusiasm and speculation with positive sentiment indicators which drives the prices of an asset increase. Fundamentals appear extremely positive and due to the populism investors keep buying disregarding the actual price that has been paid for the asset purchased. Often overpriced buy the market. Those behavior does not reflect the actual value of a company and you should always look for the intrinsic value of a company to evaluate an opportunity. Intrinsic Value In finance, intrinsic value refers to the value of a company, stock, currency or product determined through fundamental analysis without reference to ...
Read more

Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.

Image
Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.   Polish Finance Ministry has now brought into effect an all new law that requires every cryptocurrency transaction to be subject to a flat 1% economic tax levy. the government also requires cryptocurrency traders and holders to pay an additional income tax between 18% – 32% on their altcoin savings.   This has caused outrage within the national crypto-community and many traders helpless since the Polish tax season is now coming to a close, requiring all citizens to file their federal taxes by April 30.
Read more

Chinese tariffs and now Mexican tariffs — could take them two steps back

Image
Mexican tariffs Estimates from the Tax Foundation, said that while the Trump administration’s 2017 tax cuts created about 380,000 full-time equivalent jobs, adding tariffs on Mexican products to the existing tariffs on Chinese goods could eliminate almost 610,000 full-time equivalent jobs from the U.S. workforce. By itself, a 5% tariff on Mexican goods could drain off approximately 39,000 full time equivalent jobs, the Tax Foundation said in an analysis on the heels of the Mexican tariff news. Trump announced plans escalating tariffs against Mexico if the country cannot stop illegal immigration. It’s the latest front in Trump’s trade disputes. The administration has already imposed a 25% tariff on $200 billion in Chinese imports. China is coming back with retaliatory tariffs on $60 billion of American imports. Researchers and business groups say companies and consumers are the real victims. America imported $346.5 billion in products from Mexico last year, acc...
Read more

Registration system for EU citizens in the UK

Image
The British government launched last Saturday a system created to register the stay of EU citizens living in the United Kingdom, The process is free, and the application   is time at least until December 2020. To obtain the status of a settled status, you will need to prove that you have been in the United Kingdom for at least six months in each of these years in the last five years. Otherwise, the person submitting the application will receive a temporary pre-settled status, which can be changed after fulfilling the five-year requirement. If London agrees with Brussels regarding the conditions for leaving the Community, EU citizens will have until the end of June 2021 to register in the new system. In the case of hard Brexit, this time would be shortened until the end of December 2020. Initially, the registration in the system was 65 pounds (32.50 pounds for a child), but from Saturday, the earlier political announcement of Prime Minister Theresa May...
Read more

BRF SA. and Marfrig Global Foods SA. End the Negotiations

Image
BRF S.A. ("BRF" or "Company") (B3: BRFS3; NYSE: BRFS), informs its shareholders and the market in general that the management of both the Company and Marfrig Global Foods S.A. ("Marfrig") mutually agreed, on this date, to end the negotiations of a potential business combination between the two companies. The companies' decision stems from the fact that the parties were unable to reach an agreement on the terms and conditions related to the governance that would govern the combined company, had the transaction occurred. The Company hereby informs that, despite the end of the negotiations, the commercial relationship between the Company and Marfrig will remain unchanged and that there will be no modifications to the practices, conditions and terms set forth in the existing agreements entered into by both parties. The Company's administration reinforces its commitment to implement the Strategic Plan guidelines and to continue evaluating busi...
Read more

Week Ahead

Image
Monday 2.30am – China GDP (Q2): growth expected to be 6.2% YoY and 1.5% QoQ. Markets to watch: China indices, CNH crosses 1.30pm – US NY Empire State mfg index (July): index to rise to 0.5 from -8.6. Markets to watch: US indices, USD crosses Tuesday 2.30am – RBA meeting minutes: these will provide further clarity on the decision to cut rates. Markets to watch: AUD crosses 9.30am – UK employment data: June claimant count to fall to 22,900 from 23,200, while the unemployment rate holds at 3.8% and average earnings rise 3.2% in May excluding bonuses. Markets to watch: GBP crosses 10am – German ZEW index (July): economic sentiment to rise to -5.9 from -21.1. Markets to watch: EUR crosses 1.30pm – US retail sales (June): sales to rise 0.3% MoM from 0.5%. Markets to watch: US indices, USD crosses Wednesday 9.30am – UK CPI (June): inflation to rise 2% YoY and 0.3% MoM, with core CPI up 1.9% YoY and flat MoM. Markets to watch: GBP cros...
Read more

Canadian Food Sector Prepares for Edible Cannabis

Image
The food industry is a $200-billion sector Canadian cannabis Market had bust news this week, a total of 59 new products were offered for sale by the Ontario Cannabis Store. The number of products available should increase to 100 in the coming months Between the products are edibles and drinks went on sale last Monday aiming no smokers consumers. The edibles is expected to had a much high profit margin and should help to recover the Canadian cannabis market and in certain extension fight against the cannabis black market. The government is also proposing changes in the legislation to facilitate the establishment of retail stores by licensed producers related to their production sites, which would further increase consumer access to legal retail stores.
Read more

AUD / CAD Waiting For Price Action

Image
Down trend broken, wait for price action for a long run. Waiting for price action Down trend broken, wait for price action for a long run. 1 st Target : 0.98000 _ RRR : 1 : 1 2 nd Target: 0.98835 _ RRR : 1 : 2.16 Alternative scenario , Sellers will keep pressure and down trend will resume. In this case we are looking in entry`s around 0.96830 . Target : 0.95888 _ RRR : 1: 1.52 AUD/CAD  Daily Chart
Read more

FCA proposes ban on cryptocurrency products

Image
The UK’s markets regulator has proposed a ban on financial instruments linked to digital cryptocurrencies, warning that such products could cause huge losses for retail consumers unlikely to understand their risks or value. The Financial Conduct Authority (FCA) said products such as derivatives and exchange-traded notes (ETNs) that reference crypto-assets were “ill-suited” to small investors. It cited their “extreme volatility”, the difficulty in valuing them, consumers’ patchy understanding of what they were buying and the increased risk of financial crime. Investors might “suffer harm from sudden and unexpected losses if they invest in these products”, the FCA said, estimating that a ban would benefit consumers to the tune of between £75m and £234.3m a year. Source: Theguardia n
Read more

Popular posts from this blog

Bear Market

Image
Bear Market What is it and how to take advantage Means a market in which share prices are falling, encouraging selling. This is a definition by dictionary, but what actually this means for a investor point of view and drives the shares price d evaluate or the encouragement of the assets sell off? Usually the Exchange is marked by popular enthusiasm and speculation with positive sentiment indicators which drives the prices of an asset increase. Fundamentals appear extremely positive and due to the populism investors keep buying disregarding the actual price that has been paid for the asset purchased. Often overpriced buy the market. Those behavior does not reflect the actual value of a company and you should always look for the intrinsic value of a company to evaluate an opportunity. Intrinsic Value In finance, intrinsic value refers to the value of a company, stock, currency or product determined through fundamental analysis without reference to ...
Read more

Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.

Image
Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.   Polish Finance Ministry has now brought into effect an all new law that requires every cryptocurrency transaction to be subject to a flat 1% economic tax levy. the government also requires cryptocurrency traders and holders to pay an additional income tax between 18% – 32% on their altcoin savings.   This has caused outrage within the national crypto-community and many traders helpless since the Polish tax season is now coming to a close, requiring all citizens to file their federal taxes by April 30.
Read more

Chinese tariffs and now Mexican tariffs — could take them two steps back

Image
Mexican tariffs Estimates from the Tax Foundation, said that while the Trump administration’s 2017 tax cuts created about 380,000 full-time equivalent jobs, adding tariffs on Mexican products to the existing tariffs on Chinese goods could eliminate almost 610,000 full-time equivalent jobs from the U.S. workforce. By itself, a 5% tariff on Mexican goods could drain off approximately 39,000 full time equivalent jobs, the Tax Foundation said in an analysis on the heels of the Mexican tariff news. Trump announced plans escalating tariffs against Mexico if the country cannot stop illegal immigration. It’s the latest front in Trump’s trade disputes. The administration has already imposed a 25% tariff on $200 billion in Chinese imports. China is coming back with retaliatory tariffs on $60 billion of American imports. Researchers and business groups say companies and consumers are the real victims. America imported $346.5 billion in products from Mexico last year, acc...
Read more

Registration system for EU citizens in the UK

Image
The British government launched last Saturday a system created to register the stay of EU citizens living in the United Kingdom, The process is free, and the application   is time at least until December 2020. To obtain the status of a settled status, you will need to prove that you have been in the United Kingdom for at least six months in each of these years in the last five years. Otherwise, the person submitting the application will receive a temporary pre-settled status, which can be changed after fulfilling the five-year requirement. If London agrees with Brussels regarding the conditions for leaving the Community, EU citizens will have until the end of June 2021 to register in the new system. In the case of hard Brexit, this time would be shortened until the end of December 2020. Initially, the registration in the system was 65 pounds (32.50 pounds for a child), but from Saturday, the earlier political announcement of Prime Minister Theresa May...
Read more

BRF SA. and Marfrig Global Foods SA. End the Negotiations

Image
BRF S.A. ("BRF" or "Company") (B3: BRFS3; NYSE: BRFS), informs its shareholders and the market in general that the management of both the Company and Marfrig Global Foods S.A. ("Marfrig") mutually agreed, on this date, to end the negotiations of a potential business combination between the two companies. The companies' decision stems from the fact that the parties were unable to reach an agreement on the terms and conditions related to the governance that would govern the combined company, had the transaction occurred. The Company hereby informs that, despite the end of the negotiations, the commercial relationship between the Company and Marfrig will remain unchanged and that there will be no modifications to the practices, conditions and terms set forth in the existing agreements entered into by both parties. The Company's administration reinforces its commitment to implement the Strategic Plan guidelines and to continue evaluating busi...
Read more
Forex Screener by TradingView

Economic Calendar

Economic Calendar by TradingView

Live Chart

SPX chart by TradingView