Copper Broke, Time to Worry?
Is it time to worry? In last week's video I mentioned how silver, platinum and copper held up their trendline support, offering comforting signs for gold. But this week, copper broke its 14-month trendline support. See what I said about silver's role in the video. Focus on that 21.95. Here's the video again
Any Ideas whats going on with USDCAD , seems to be the only pair which is not breaking out?
Thanks
Are you thinking that the USDCAD has more upside from here, considering the move at the tail end of last week. Have you any targets in mind??
Thanks again
Not really follwing equties run either!
your take would be most welcome!
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Copper is taking a hit for the past few days, any views?
Gold continues to rise, can copper play catch up?
Any thoughts Ashraf?
Thanks
USDCAD met and exceed your targets, very nice calls! now it sits at 10175 at a trendline resistance.
Longer term are u getting a inclination that we may run up now?
Or do you still hold ur view that we wil be caped by 10240/50.
Would be helpful if you can give us your long term out for USDCAD.
Thanks again
Indeed we did make it to 102 on USDCAD, now we are back to the 10070 area which was quite good resistance on the way up, now maybe support. Where do you see this now.
Thanks
Another great call on USDCAD, where now from here? are you standing by your earlier analysis ( last week) that u didnt feel it can pass 10240?
Also good sell off on the index's, ftse looking very weak, correction or the real deal?
Thanks again