The Financial Analyst

2022-12-15 22:05:50 A rather interesting picture is set to unveil on the US Oil 1D chart.

At present the chart is developing some early signs of reversal projecting the US Oil to scale up to a minimum price of $95 in the coming quarter. The technical signs indicate that though the prices are currently forming a Lower High structure (encircled on the chart), level 47 on the RSI being the key Area of Interest has already been achieved and is forming an open-ended double top.

To break this down in simpler terms, wherein the price is forming lower highs, the RSI has managed to outlaw the price chart and form same highs.

This indicates that the strength in the recent buying from the lower levels has been significantly higher and has a high probability to not only sustain but to reverse the tide of the crude oil market.

Best,
Himalay Bhatia Open / Comment

2022-12-14 22:15:10 FED SAYS INFLATION REMAINS ELEVATED, REPEATS IS HIGHLY ATTENTIVE TO INFLATION RISKS Open / Comment

2022-12-14 22:13:30 Huge sell-off in Dow Jones in the last 15mins. Open / Comment

2022-12-14 21:47:15 The yield curve acts as a financial foghorn of sorts. Currently it is bellowing that something is drastically wrong.

As evidenced by earnings growth estimates for 2023, financial skippers are going about their business as if a recession is unlikely.

Yield curve foghorns are often unheeded by investors as they blow well before danger is apparent. As such many investors are unprepared when problems arise.

Today, the 10-year/3-month UST yield curve is at its most negative level since 1982.

Best,
Himalay Bhatia Open / Comment

2022-12-12 15:08:59 INDIA CPI (YOY) (NOV) ACTUAL: 5.88% VS 6.77% PREVIOUS; EST 6.35% Open / Comment

2022-12-08 12:13:38 So what changed this year? Why are the Central Banks acting differently?

This year in February, the US sanctioned Russia's $500B FX reserves (mostly lying in US assets/ US bank accounts) and Russia has been barred from using their own FX reserves.

This sent shivers down the global Central Bank's community which have historically been buying majorly the USD and very small portions in GOLD for their FX reserves because the USD is the easiest mode of transactions globally.

This sanctioning of reserves made the Central Banks rethink their strategies, thus, the global Central Banks (at least who are not completely aligned to the US hegemony) have started converting their USD denominated FX reserves into GOLD.

Best,
Himalay Bhatia Open / Comment

2022-12-08 12:13:11 The next 2 paragraphs are inter -dependent and unfolds an interesting story.

- “Central banks globally have accumulated gold reserves this year at a pace never seen since 1967, when the US dollar was still backed by the precious metal.”

- “Global FX Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion, the biggest drop since Bloomberg started to compile the data in 2003.”

Usually when the US dollar is rising, the Emerging Markets' FX reserves are under pressure and seldom have to liquidate their GOLD reserves to manage their domestic currency. Open / Comment

2022-11-30 17:18:46 Open / Comment

2022-11-27 09:07:29 Great things take time. In the meantime, don’t give up.
Coming Soon #TheArchitect Open / Comment

2022-11-19 19:16:07 Rewrite your history
Coming Soon…
#TheArchitect Open / Comment