I remember your fully convinced and repeated call until June (article Eurozone Core, USD Index & Swiss Knife) for EurUSd 1,16; now three months later your target is 1,38 mainly on the edge of QE reasons
I wonder the reasons for it: changing fundamentals or merely the force of speculants against a single currency Nobody really assumes fundamental conditions in and for Europe have improved within three months, in my mind only the focus has been altered, now speculating against USD is the focus, in the meantime obviously already undervalued
Shouldn't we be aware of a renewed sudden change of sentiment ? profittaking, rumours on purpose and so on
high RSI of nearly 70 on daily chart and the Bullish Percent Index (BPI) of over 90 % show similarity to the situation around january 14th (ca 86 %) ahead of the big sell off
a bullish sentiment has been purposely created by the institutionals to get the possibilty to get rid of their long positions
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)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
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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By: Gordon_T_Long
http://www.marketoracle.co.uk/Article23555.html
http://news.smh.com.au/breaking-news-business/dollar-could-hit-us110-on-china-boom-20101017-16ot5.html
http://seekingalpha.com/article/228090-3-reasons-the-dollar-is-about-to-rally-a-contrarian-case-for-the-greenback
your call could be right for a perfect market, but not for a reality driven by short term gains.
I agree with you, as soon as the topic Eurozone emerges again, the direction goes north
But for the time now QE intervention threats from BOJ and fresh liquidity for risk appetite prevail
Negative Fundamentals concerning Eurozone are not important at the moment - obviously
http://www.ibtimes.com/articles/65672/20100926/euro-rises-but-for-the-wrong-reasons.htm
I remember your fully convinced and repeated call until June (article Eurozone Core, USD Index & Swiss Knife) for EurUSd 1,16; now three months later your target is 1,38 mainly on the edge of QE reasons
I wonder the reasons for it: changing fundamentals or merely the force of speculants against a single currency
Nobody really assumes fundamental conditions in and for Europe have improved within three months, in my mind only the focus has been altered, now speculating against USD is the focus, in the meantime obviously already undervalued
Shouldn't we be aware of a renewed sudden change of sentiment ? profittaking, rumours on purpose and so on
on March 27th i made this entry,
high RSI of nearly 70 on daily chart and the Bullish Percent Index (BPI) of over 90 % show similarity to the situation around january 14th (ca 86 %) ahead of the big sell off
a bullish sentiment has been purposely created by the institutionals to get the possibilty to get rid of their long positions
There were hints for this turmoil