Forwarded from MYC BitMex/Bybit Signals
⭐️ BTC WEEKLY UPDATE ⭐️
It is the 15th day of February 2021. The market is still building up as all eyes are cast on Congress’ additional $1.9 Trillion relief package, which is expected to move to the House budget committee any time from now. This bill’s passing is important even though it is almost half the amount the former president Donald Trump package of $4 trillion, which was intended to help the economy recover. The money was intended to save the country from the impact of the pandemic which is bigger than the havoc caused by the Great Depression of 1930’s.
On Friday last week, the US Treasury Secretary Janet Yellen urged The G7 Finance leaders to provide the economies’ physical support to recover. She told them that it was time governments increased their spending.
On the industrial front, the US is expected to release data on industrial production and sales. The figures are already showing that despite the pandemic, the economy got off strongly in the first month of 2021. Also, the figures for jobless claims will be released on Thursday to point to the economy’s direction. Elsewhere, the labor market has suffered much and will remain sluggish despite president Biden’s proposal for a $1.9 trillion recovery package. In fact, it demonstrates that the package is valid.
On the other hand, everybody is waiting for the Federal Reserve policy meeting minutes, which should be released this Wednesday.
https://www.tradingview.com/x/bPuiExA9/
It is the 15th day of February 2021. The market is still building up as all eyes are cast on Congress’ additional $1.9 Trillion relief package, which is expected to move to the House budget committee any time from now. This bill’s passing is important even though it is almost half the amount the former president Donald Trump package of $4 trillion, which was intended to help the economy recover. The money was intended to save the country from the impact of the pandemic which is bigger than the havoc caused by the Great Depression of 1930’s.
On Friday last week, the US Treasury Secretary Janet Yellen urged The G7 Finance leaders to provide the economies’ physical support to recover. She told them that it was time governments increased their spending.
On the industrial front, the US is expected to release data on industrial production and sales. The figures are already showing that despite the pandemic, the economy got off strongly in the first month of 2021. Also, the figures for jobless claims will be released on Thursday to point to the economy’s direction. Elsewhere, the labor market has suffered much and will remain sluggish despite president Biden’s proposal for a $1.9 trillion recovery package. In fact, it demonstrates that the package is valid.
On the other hand, everybody is waiting for the Federal Reserve policy meeting minutes, which should be released this Wednesday.
https://www.tradingview.com/x/bPuiExA9/
9% profit in the past few days for our Binance and Bitmex VIP Groups! 🚀
Reach out to our admin 👇👇
@MYCSupportBot on how to join
Reach out to our admin 👇👇
@MYCSupportBot on how to join
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Binance Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 4.2553% 📈
Period: 5 Hours 8 Minutes ⏰
#BTC/USDT All take-profit targets achieved 😎
Profit: 4.2553% 📈
Period: 5 Hours 8 Minutes ⏰
Forwarded from MYC BitMex/Bybit Signals
👉TIP OF THE DAY👈
When there is no trading se up, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
When there is no trading se up, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
Magnificent trading from our Binance and Bitmex VIP Groups! 🚀
17.5% profit in just 3 days! 🚀
Reach out to our admin 👇👇
@MYCSupportBot on how to join
17.5% profit in just 3 days! 🚀
Reach out to our admin 👇👇
@MYCSupportBot on how to join
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Binance Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 5.8594% 📈
Period: 4 Hours 19 Minutes ⏰
#BTC/USDT All take-profit targets achieved 😎
Profit: 5.8594% 📈
Period: 4 Hours 19 Minutes ⏰
Forwarded from MYC Crypto Futures Signals VIP
👉TIP OF THE DAY👈
When there is no trading setup, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
When there is no trading setup, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
Forwarded from MYC BitMex/Bybit Signals
🔥 WEEKLY MARKET UPDATE 🔥
👇👇👇
Tug of War between Stocks, Gold, Bitcoin, and USD - Rising Bond Yields ⛈🌊
The reopening of economies has brought forth plenty of goodies and shifted attention to the energy sector. Both the financial and stock markets are bound to benefit more. The rise in treasury yields has also increased activities in the money markets and put pressure on stocks of tech companies.
USD is once again being fueled, resulting in the plunging of gold and Bitcoin. So, at the moment, the U.S. dollar seems to be on the gaining streak.
https://www.tradingview.com/x/cp5AdEFP/
According to the February report, Joe Biden's rescue package of 1.9 trillion will be advancing to the senate this coming Friday, while the nonfarm payroll for the month of February will depict recoveries in the labor market and show how the companies are faring on.
Elsewhere, Jerome Powell will be speaking about how the economy is performing in an event that will be hosted by Wall Street this coming Thursday.
OPEC Meeting
The oil prices have maintained their highs in 13 consecutive months. So, the meeting by the producers slated for Thursday will focus on how to increase production. Of course, the objective is to optimize gain from the black gold. Last year, OPEC slashed output by 9.7 million barrels per day to try and circumvent the raging pandemic. Therefore, the output is expected to increase shortly after the meeting.
In the U.K., the budget by the finance minister Rishi Sunak will be coming up on Wednesday. In the report, he will pledge to spend more money. Perhaps he will be offering the last bit of pandemic-related support. The budget will pile pressure and lead to more borrowing and move the current budget above $418 billion (300 billion) borrowing that went to COVID 19 and tax cuts. As a result, Sunak's budget plan will greatly determine the economic recovery.
In the meantime, the PMI, inflation data, and the eurozone will give an overview of where the economy will be headed ahead of the European Central Bank's meeting in March.
👇👇👇
Tug of War between Stocks, Gold, Bitcoin, and USD - Rising Bond Yields ⛈🌊
The reopening of economies has brought forth plenty of goodies and shifted attention to the energy sector. Both the financial and stock markets are bound to benefit more. The rise in treasury yields has also increased activities in the money markets and put pressure on stocks of tech companies.
USD is once again being fueled, resulting in the plunging of gold and Bitcoin. So, at the moment, the U.S. dollar seems to be on the gaining streak.
https://www.tradingview.com/x/cp5AdEFP/
According to the February report, Joe Biden's rescue package of 1.9 trillion will be advancing to the senate this coming Friday, while the nonfarm payroll for the month of February will depict recoveries in the labor market and show how the companies are faring on.
Elsewhere, Jerome Powell will be speaking about how the economy is performing in an event that will be hosted by Wall Street this coming Thursday.
OPEC Meeting
The oil prices have maintained their highs in 13 consecutive months. So, the meeting by the producers slated for Thursday will focus on how to increase production. Of course, the objective is to optimize gain from the black gold. Last year, OPEC slashed output by 9.7 million barrels per day to try and circumvent the raging pandemic. Therefore, the output is expected to increase shortly after the meeting.
In the U.K., the budget by the finance minister Rishi Sunak will be coming up on Wednesday. In the report, he will pledge to spend more money. Perhaps he will be offering the last bit of pandemic-related support. The budget will pile pressure and lead to more borrowing and move the current budget above $418 billion (300 billion) borrowing that went to COVID 19 and tax cuts. As a result, Sunak's budget plan will greatly determine the economic recovery.
In the meantime, the PMI, inflation data, and the eurozone will give an overview of where the economy will be headed ahead of the European Central Bank's meeting in March.
16% profit in the last week from our Binance and Bitmex VIPs! 🚀
Are you going to continue watching on the side as we reap these gains? 😎
Reach out to our admin 👇👇
@MYCSupportBot on how to join
Are you going to continue watching on the side as we reap these gains? 😎
Reach out to our admin 👇👇
@MYCSupportBot on how to join
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP