Would anyone be considdering a long position here? Now at 1.3515. I'm watching the 1.3530 level. 23.4% retracement from 1.3860 to 1.3430. If 1.3530 resistance holds, maybe we rollover and target 1.34. Else, back to the 38.2% retracement at 1.3590. Any thoughts?
If the Dow continues its Bear Market rally to meet the 150 day MVA in the short term, now at 8550, could we break the USD/JPY 101.50 and see more money move into the the Carry Trade? I'm betting on it, .. Carefully.
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)
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
I'm watching the 1.3530 level. 23.4% retracement from 1.3860 to 1.3430.
If 1.3530 resistance holds, maybe we rollover and target 1.34. Else, back to
the 38.2% retracement at 1.3590.
Any thoughts?