svenjamin

The general consolidation in BTC continues in line with expectations and should have an eventual bullish outcome to new highs.

ETH have either completed or are in the process of completing the large bear trend. Our medium- term view is turning cautiously bullish after a prolonged negative stance.

While ETH has recently shown bullish reversal potential off target support, a break of the important pivot level that will confirm medium term gains has still not transpired.

Growing disparity between BTC and ETH outcomes has been a medium-term process and is expected to continue.

The general bearish stance on USD seems to be materializing.

Important fundamental announcements and data might create a measure of volatility.

The US Currency impacts global financial markets, and it remains imperative for investors and traders to have an outlook on trend potential

Global equity rhetoric and sentiment has recently become quite positive , due to several fundamental factors.

The technical scenario is in line with any immediate bullish bias, but the longer-term outlook remains more circumspect and even negative.

Our mandate is to give an objective technical perspective on analysed markets, independent of any other forecasting techniques.

Re- assessment and negation levels fortunately qualify the technical view and is, as always, important.

The technical bearish stance is materializing and remains valid.

There are two alternative outcomes once the initial target area has been reached.

In this report we discuss both the preferred (less bearish) and alternative viewpoints.

Resource stocks are due a decent rebound from oversold and unloved conditions.

Whilst this might not yet be the end of the recent sharp bear trend, the longer-term outlook is that of maturing downside.

There is a glimmer of light at the end of the long term tunnel.

Please find attached a iron ore technical analysis report, as requested by an All-In-One member.

The data has been quite difficult to get hold of – beg, steal and borrow!

The general consolidation in BTC is ongoing and should have an eventual bullish outcome.

ETH seems to have either completed or are in the process of completing the large bear trend.

Our medium- term view is turning cautiously bullish after a prolonged negative stance.

The technical outlook remains in stark contrast to our (somewhat irrelevant) fundamental outlook.

This analysis goes into a fair amount of detail.

It is not always the case and is largely driven by confirmation of the view in eliminating alternative outcome, allowing detail to be added to a report.

The US Dollar, as the de- facto reserve currency of the world, is central to global finances, economic growth, and markets.

It is therefore a given that a continuous bombardment of fundamental, political, and macro- economic views and opinions abound.

This ranges from the extremely bullish “King Dollar” protagonists to the “ultimate demise” of the Greenback and imminent replacement by cryptocurrencies.

The news flow in this regard is at best confusing.

Technical analysis is helpful in simplifying the complexity to “what” can transpire, instead of “why” it could happen.

Our general bearish outlook on the US Dollar is based on market action. It is a probability study and there are always re- assessment levels where the outlook is adjusted or changed.

The medium-term bearish outcome defies belief but is unfortunately the best objective technical outcome.

The bear trend is currently still unconfirmed and as such just a good idea, until pivotal support has been broken.

Pivotal and negation levels remain important for successful navigation of the market.

The expected consolidation phase in the USD/ZAR pair is open to some interpretation.

While the shorter- term outcome is similar in nature between the two feasible alternatives, the long- term consequences and trend implications are different.

As always, developing price action will give us early insight into outcome probabilities.