- Search Crypto Craft
- StripedCat commented May 6, 2014
It will be a fight between the bulls and bears. The technical patterns are wonderful to trade with and usually hold well, unless the fundamentals are otherwise. I don't believe any of the big funds, who tend to hold longer durations, will be looking ...
RBA Statement on Monetary Policy
- StripedCat commented May 5, 2014
Weak fundamentals. Head and Shoulders pattern developing on 4-hr charts. Sell AUDUSD....target 0.9050.
RBA Statement on Monetary Policy
- StripedCat commented Apr 9, 2014
Initial counter reaction by the dealers. Most economic indicators are trending positively. Tapering to continue. Economy is in recovery mode. USD positive. Sell into the rally. ECB calling exchange rate as too high. Target EURUSD: 1.3500. Target ...
Minutes of the Federal Open Market Committee
- StripedCat commented Dec 2, 2013
Agreed. When the markets go against the fundamentals and the technicals, sooner or later it will catch up. Expect big moves soon.
BOJ’s Kuroda says achieving 2% inflation target has not become difficult
- StripedCat commented Nov 21, 2013
It is a form of intervention. Everybody is trying to do it. Fundamentals don't seem to matter. Such situations do not always end well. Would have been much better to let the markets price things in gradually. But the Japanese don't like to play it ...
BOJ Statement on Monetary Policy
- StripedCat commented Sep 10, 2013
It is one question about the 'if' and 'when'....it is another question about the 'how much'. Even with a slow jobs creation report, the Fed could begin the winding down process with a small amount to start.....maybe around $10B. That would still ...
Job Openings in U.S. Fell in July to Lowest in Six Months
- StripedCat commented Sep 10, 2013
There is job creation, even thought it is somewhat slow. It will not deter the Fed from easing back on QE, especially after all the press and hoopla of late. USD will strengthen.
Job Openings in U.S. Fell in July to Lowest in Six Months
- StripedCat commented Sep 10, 2013
GBP is Overbought in the short term....lack of fundamentals and divergences on the hourly, daily and weekly technicals GBPJPY = 150 in 2 weeks ; 145 in 4 weeks. Open gaps at 154 and 152.50 GBPUSD = 1.55 in 2 weeks ; 152 in 4 weeks.
GBP/JPY Pushes to 4-Year High; 163 in Sight
- StripedCat commented Dec 7, 2012
A good example of how political interference leads to broken markets. Shorting JPY is the flavor of the day regardless of what the technicals or fundamentals direct. The markets can, of course, stay irrational for a long time.
Positive Jobs Report Pushes USD/JPY to Range Resistance
- StripedCat commented Nov 21, 2012
Yen is oversold on several technicals. Even with a change in government, it is unlikely that they will be able to do much easing without having a negative economic impact. It sounds much more like pre-election rhetoric than actual political will to ...
Euro slumps after no Greece deal, yen falls broadly
- StripedCat commented Mar 12, 2012
The inverted H&S pattern on the daily charts may be busted by a bearish double-top on the MACD and an upright H&S pattern. If the price breaks below the neckline at 1.3000, target 1.2600 with a possible breakthrough to 1.2000 on the intermediate ...
EUR/USD in a Possible Inverted Head and Shoulder
- StripedCat commented Mar 9, 2012
EU used any and all underhanded means to protect the corruption and ineptitude within the Greek system by saving them from default. Even this 95% participation rate is a farce, and will show as such when the details start coming out. Any investor ...
Legal skull-duggery in Greece may doom Portugal