Ashraf, Have really enjoyed and benefited from following your analysis for several months. Have seen your call for GBPUSD to target 1.62 by year end if it can get by critical resistance at 1.58. On daily charts, 62% fibonacci of last move down from 1.6671-1.4557 is at 1.5857; 79% fibo at 1.6214. Why do you predict 1.62 vs. 1.58 target for year end? Thanks very much.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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Have really enjoyed and benefited from following your analysis for several months.
Have seen your call for GBPUSD to target 1.62 by year end if it can get by critical resistance at 1.58. On daily charts, 62% fibonacci of last move down from 1.6671-1.4557 is at 1.5857; 79% fibo at 1.6214. Why do you predict 1.62 vs. 1.58 target for year end? Thanks very much.