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FXMAG's Blog – February 2022 Archive (30)

Bear - A Second Symbol Of Markets? What Does Bear Market Mean?

Introduction

Financial markets move in trends. It’s important to understand the differences between these trends to be able to make better investment decisions. How come? Well, different market trends can lead to wildly different market conditions. If you don’t know what the underlying trend is, how are you going to adapt to changing conditions?

A market trend is the overall direction that the market is going. In a bear market, prices are generally declining. Bear markets can be a…

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Added by FXMAG on February 7, 2022 at 4:06am — No Comments

Bitcoin is gaining momentum

Bitcoin is up 9% over the past week, ending at around $41,700. Ethereum is up 15%. Altcoins also woke up from hibernation and grew stronger than the market: from 5.8% (Binance Coin) to 17.3% (Solana).

Over the same period, the total capitalization of the crypto market, according to CoinGecko, grew by 11.2%, up to $1.99 trillion.

The primary growth of the crypto market last week came on Friday when bitcoin at the end of the day soared by 10% in a few hours. The increase was not…

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Added by FXMAG on February 7, 2022 at 4:05am — No Comments

The Fed gave the dollar a head start

Friday's US labour market report raised the chances of a sharper Fed rate hike, placing USD on a solid footing.

Employment growth of 467K in January was well above forecasts. In addition, there was a noticeable upward revision to the job gains of the previous couple of months. Furthermore, wage growth accelerated to 5.7% y/y, marking the unwinding of the inflationary spiral.

The markets are applying a 33% chance of a 50-point key rate hike by the Fed in March, leaving a 67%…

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Added by FXMAG on February 7, 2022 at 4:05am — No Comments

The Fed gave the dollar a head start

Friday's US labour market report raised the chances of a sharper Fed rate hike, placing USD on a solid footing.

Employment growth of 467K in January was well above forecasts. In addition, there was a noticeable upward revision to the job gains of the previous couple of months. Furthermore, wage growth accelerated to 5.7% y/y, marking the unwinding of the inflationary spiral.

The markets are applying a 33% chance of a 50-point key rate hike by the Fed in March, leaving a 67%…

Continue

Added by FXMAG on February 7, 2022 at 4:05am — No Comments

Gold along the year

The Gold Update by Mark Mead Baillie --- 632nd Edition --- Monte-Carlo --- 25 December 2021 (published each Saturday) --- www.deMeadville.com

Christmas Greetings to Everyone Everywhere.

With but five trading days remaining in 2021, Gold -- as we'll show -- traditionally is the gift that keeps on giving into year-end. But first, we've this:

The last time 25 December arrived on a Saturday was 11 years ago in 2010:

â– 'Twas…

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Added by FXMAG on February 4, 2022 at 4:51am — No Comments

Seasonality favors another wave up

However, these gains attracted some profit-taking at prices around US$1,850. And in the aftermath of last week’s FOMC meeting, gold sold off for three days in a row. This merciless sell-off only ended at US$1,780 wiping out nearly all gains since mid of December. It was some form of the classic “the bull walks up the stairs and the bear jumps out the window” pattern, which is a typical behavior within an uptrend.

Hence and exactly for this reason, the deep pullback did not necessarily…

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Added by FXMAG on February 4, 2022 at 4:50am — No Comments

S&P 500 Tops The Chart, Gold Finds His Way (?), USOIL On A Straight Way?

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XAUUSD attempts to bounce

Intraday Market Analysis – Gold Stabilizes - 1

The bullions bounce higher as the US dollar softens across the board. Gold is looking to claw back losses from the liquidation in late January.

A close above the psychological level of 1800 would be the first step, pushing short-term sellers into covering their bets. The previous support at 1817…

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Added by FXMAG on February 3, 2022 at 5:45am — No Comments

Kursy walut 02.02.: ogromne spadki dolara; solidna zwyżka polskiego złotego; euro pompowane! Zobacz, ile dziś zapłacisz za euro (EUR), dolara (USD) i franka (CHF)

Ostatnie dni przyniosły umocnienie złotego względem dolara, dzięki czemu para USD/PLN po osiągnięciu szczytu powyżej 4,12 w zeszłym tygodniu, we wtorek schodziło nawet w przejściowo poniżej 4,05. Spadek pary USD/PLN był związany z ruchem wzrostowym EUR/USD powyżej 1,1250. Para EUR/PLN była notowana poniżej poziomu 4,57.

Na froncie danych na ostatniej sesji w centrum uwagi były publikacje indeksów PMI

Indeks przemysłowy dla Polski okazał się gorszy od oczekiwań i zanotował spadek…

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Added by FXMAG on February 2, 2022 at 7:23am — No Comments

Metaverse Meaning and Facts. Some Would Say It's Like A Virtual Life

The metaverse is a concept of a persistent, online, 3D universe that combines multiple different virtual spaces. You can think of it as a future iteration of the internet. The metaverse will allow users to work, meet, game, and socialize together in these 3D spaces.

The metaverse isn’t fully in existence, but some platforms contain metaverse-like elements. Video games currently provide the closest metaverse experience on offer. Developers have pushed the boundaries of what a game is…

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Added by FXMAG on February 1, 2022 at 8:12am — No Comments

Bitcoin, Fed, Stocks and Bonds

Bitcoin, the plan, and its execution

The Plan:

It is an election year when Democrats will project political pressure upon the Federal Reserve to not risk through aggressive policy changes a stock market collapse to keep their votes. As a result, more money printing expands inflation, which supports the interest for bitcoin as an inflation hedge. Should we see in opposition for whatever reason a rapid stock market decline, the investor would unlikely be interested in owning stock or…

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Added by FXMAG on February 1, 2022 at 7:30am — No Comments

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