EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Of Gold Extensions مقياس إمتدادات الذهب
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...
View Hot-Chart..
for the overall economy heat up is having great momentum after the negative interest rate stimulus from bank of japan is failing to deliver the so attended infaltion objective.
one has to know that for inflation to pick up the all segments of the economy must feel the growth but actually after several years of liquidity injection in the commodities complex it is difficult to see another round of pick up in commodities prices.
the pick up in commodities prices has lasted five years since the fed decided to initiate the non conventional monetary policy of massively injecting liquidity in the system chasing for yield and place for money to be put at work.
it is normal to jugulate the equilibrium between financial recovery and economic recovery to an apex point where both will gain in tandem.
with several months of empployment gains and wages growth in the usa the economy is gainign momentum but it is too early to begin festivities.
it looks like that 2014 2015 period were a passage in the eye of cyclone but january sell off in the stock market pointed out the inherent risk aversion of investors.
so are we in the second wing of cyclone ;it looks like we are gonna pass the year 2016 with the follow up of the sell off initiated in january with usa presidential election in november.
stil expect a 36 37 dollars for crude wti next week before entering a leg down toward the 13 dollars ...7 dollars....
our wealth managers are telling us buy whn they sell on their desk with the hope to buyback later when the retail investors have felt the pinch of hte loss and the market correction...
the system is rotten....i have lost jobs posting because i was consider a bad seller not that i cant sell but i tried to explain to recruiters that markets conditions has to edit the discussions we held towards the clients and not only the interest of the buy side...
our wealth managers are telling us buy whn they sell on their desk with the hope to buyback later when the retail investors have felt the pinch of hte loss and the market correction...
the system is rotten....i have lost jobs posting because i was consider a bad seller not that i cant sell but i tried to explain to recruiters that markets conditions has to edit the discussions we held towards the clients and not only the interest of the buy side...
3900/3500 cac40