BTC / SPX / XAU after the CPI data 🤯 @Market

SPX: Possible to go up higher! RSI broke out the descending resistance as well as the SPX market!

Expecting an up rally 🚀 !

@Market

Daily Important Hits (January 19,2023)

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⭐️STOCKS & INDICES

📁 European shares set to snap winning streak on slowdown fears, weak earnings.

📁 U.S. stock indexes opened lower on Thursday as recession worries resurfaced, while shares of Procter & Gamble fell as it warned of cost pressures.

📁 European shares suffer worst selloff of the year on recession fears.

📁 FPI selling in Indian equities hits over 3-mth highs on rich valuations, China reopen.

📁 Private equity capital funding slips in 2022 -S&P Global.

📁 Genius Group unveils plan to battle stock manipulation, shares rally over 200%.

📁 Playtika Announces Premium, All Cash Proposal To Acquire Rovio Entertainment For EUR 9.05 Per Share.

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⭐️FOREX

📁 Russia's central bank says yuan accounted for 37% of all forex trade in December.

📁 Turkish cenbank's net FX reserves rise to $24.89 bln.

📁 Lebanese pound sinks to record low of 50,000 pounds to U.S dollar.

📁 Indonesia c.bank hikes interest rates by 25 bps as expected.

📁 World Bank says Common Framework debt talks still challenging - van Trotsenburg.

@Market

BTC 💰 : The current consolidation runs in a horizontal channel where the lower time frame market BIAS is sideways.

The bulls should close above the channel resistance with a good volume though the previous swing high of the major wave too coincides with it.

In case BTC close below the channel support we can expect the drop toward the broken descending support which wasn't retested yet.

🥳@Coach

Daily Important Hits (January 20,2023)

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⭐️ STOCKS & INDICES

💠 Credit rating firm S&P Global said on Friday it expected the United States Congress to avoid a major debt crunch by either raising or suspending the country's so-called debt ceiling.

💠 Wall Street's main indexes opened higher on Friday with the Nasdaq spearheading gains after Netflix kicked off the earnings season for the growth sector on a positive note, even as worries about a recession kept investors on edge.

💠A new antitrust ruling in India threatens Google’s Android business model.

💠Northern Trust has reported its most recent quarterly earnings to have missed on estimates.

💠Production at Stellantis' (STLA )Atessa van making plant will be halted next week due to a parts shortage, unions said on Friday.

💠Intel CEO: new chip plant decision by year-end, not sure to be in Italy - press.

💠Sweden's Ericsson (ERIC_A) on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United States.

💠CEO David Michery Just Received 33.87 Million Shares of MULN Stock.

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⭐️FOREX

💠Dollar climbs against yen as BOJ affirms ultra-easy policy.

💠China reopening will add to global inflationary pressures, ECB's Lagarde says.

💠Swedish c.bank's Breman says inflation still far too high.

💠Davos 2023-IMF's Georgieva says outlook less bad than feared a few months ago.

💠Malaysia's December CPI rises 3.8%, less than forecast.


@Market

Weekly Closing prices

⭐️SPX500 : 3970.60$

⭐️XAUUSD : 1926.01$

⭐️DXY : 101.6009$


⭐️Top forex liquid Pairs

🟢EURUSD : 1.08565$
🟢USDJPY : 128.585$
🟢GBPUSD : 1.23969$
🟢AUDUSD : 0.69690$
🟢USDCAD : 1.33796$

⭐️Stocks

🔵AAPL : 137.87$
🔵MSFT : 240.22$
🔵AMZN : 97.25$
🔵TSLA : 133.42$
🔵OR37 : 307.70$


@Market

SPX500 :
fakeout: done
breakout: Incoming 🚀.

@Market

Weekly Performances of US Stock Market

🔵Technology services

1. MSFT : +1.36%
2. GOOGL : +7.89%
3. META : +3.26%
4. ADBE : +4.74%
5. NFLX : +3.80%

🔵Finance

1. BRK.B : -2.40%
2. JPM : -0.38%
3. BAC : -1.02%
4. WFC : +6.14%
5. MS : +8.10%

🔵Electronic Technology

1. AAPL : +4.42%
2. NVDA : +9.59%
3. AVGO : -1.10%
4. CSCO : -3.67%
5. TXN : -2.30%

🔵Health Technology

1. JNJ : -2.57%
2. LLY : -3.75%
3. MRK : -1.13%
4. ABBV : -1.64%
5. PFE : -5.03%

🔵Retail Trade

1. AMZN : +3.26%
2. WMT : -3.43%
3. HD : -3.52%
4. COST : -0.16%
5. CVS : -1.92%

🔵Energy Minerals

1. XOM : +0.21%
2. CVX : +2.15%
3. COP : +1.01%
4. MPC : +3.80%
5. PXD : +0.05%

@Market

SPX500

🔵Broke a major downtrend line and now all needed is a structure break above the previous swing high.

🔵Expecting more to the upside🚀.

@Market

SPX500

🔵Cup and Handle breakout incoming🚀...

@Market

Daily Important Hits (January 23,2023)
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⭐️STOCKS ⭐️ INDICES ⭐️ FOREX
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➡️Mexican President Andres Manuel Lopez Obrador said Monday the country's central bank had acted "well" in regard to its monetary policy, adding the bank acted in step with the U.S. Federal Reserve.

➡️Romania's central bank board unanimously voted to raise the benchmark interest rate by a quarter point to 7.00% at its Jan. 10 meeting to anchor inflationary expectations, minutes showed on Monday.

➡️Philippine annual inflation, running at 14-year highs, will likely return to within the 2% to 4% target range as early as the third quarter of the year and remain there in 2024, the central bank governor said on Monday.

➡️European stocks edged higher on Monday, lifted by technology and real estate stocks, as expectations of a mild recession in the euro zone offset hawkish remarks from European Central Bank (ECB) officials that sent the euro to a nine-month high.

➡️Pakistan's central bank said on Monday it withdrew a prior approval requirement for imports of essential goods.

➡️India's central bank likely bought dollars via state-run banks to prevent the rupee from appreciating significantly above the 81 psychological levels, three traders told Reuters.

➡️Government representatives who attended the Bank of Japan's policy meeting in December requested that the meeting be adjourned for about 30 minutes, minutes of the meeting showed on Monday.

➡️Economic growth in Chile is expected to recover by the last quarter of this year, the International Monetary Fund (IMF) forecast in a statement on Friday, adding that the inflation rate is projected to converge to target by the end of 2024.

➡️The U.S. Federal Reserve may be "pretty close" to the point where rates are "sufficiently restrictive" to control inflation, Federal Reserve Gov. Christopher Waller said Friday.

@Market

Daily Important Hits (January 24,2023)
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⭐️STOCKS ⭐️ INDICES ⭐️ FOREX
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🟢A common currency between Brazil and Argentina would be "impossible" to create if Argentina and other countries do not reach greater economic stability, the head of the Brazilian steel distributors association INDA said on Tuesday.
🟢Yields on Nigeria's benchmark bonds climbed 10 basis points to 15.40% on Tuesday, traders said, after the central bank raised interest rates by 100 basis points to fight double-digit inflation.
🟢European Central Bank policymaker Joachim Nagel said in an interview published on Tuesday that the ECB needed to keep tightening in order to dampen price pressures and keep inflation expectations anchored.
🟢Copper prices crept lower on Tuesday, pressured by a firmer dollar amid uncertainty over a potential global recession and demand in top metals consumer China.
🟢Indian gold futures hit a fresh all-time high on Tuesday, tracking gains in overseas markets and a depreciation in the rupee currency, but the surge dampened demand in the world's second-biggest consumer of the precious metal, dealers said.
🟢A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June of $100 million from U.S. crypto firm Harmony's Horizon bridge, the Federal Bureau of Investigation said on Monday.
🟢The European Central Bank will keep raising interest rates quickly to slow inflation which remains far too high, ECB President Christine Lagarde said on Monday, largely repeating the bank's most recent policy guidance.
🟢Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said Monday, representing a slowdown from 2021's rate in the South American country struggling to contain its years-long economic crisis.
🟢Mexican President Andres Manuel Lopez Obrador said Monday the country's central bank had acted "well" in regard to its monetary policy, adding the bank acted in step with the U.S. Federal Reserve.

@Market