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...
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...the hitchiker guide to he galaxy
keep on fishing puzio...
scpetic like german on easing monetary policy will put pressure not to increase the allocated amount of printed money.
fractal and elliot waves and nature of law have to prevail.
fed will stay pat for this week meeting and probably also on march meeting with risk always subdued to see eur/usd going to parity.
mind that money creation in europzone will prompt the value of euro down not above the 1.25 but well below the .90 this year.
aud/usd to come testing testing the 0.72400 by begining next month.
so yes the price of crude is underway toward unseen level since decades.
prices war will continue...till themergence of a financial center in saint petersburg...
russia ruble will melt down down the commodity rout and especially its main export component
by end march april i expect the price of barrel to come testing the 13/17 dollars.that said or we see the fed agressively raise rate to defend their financial system or stucture or the fed as stated hoffman in digi video will come with QE4 with fresh impetus on the commodity market, especially oil.
we might see a level of retracement for sure of 1733 points on S&P500 forthis semester but after as elliotician waves counter i dont rject he possibility of watching by third.fourh quarter the S&P breal=king the 1733 for testing the 1300.
watch well the usd/jpy and the rejection three time around the 124 level...like stated DAveO probably one morning japan will be downgraded or warned of downgrade and that will trigger the EM derout continuation.
or probably the rating agency will be mused down not tot issue this warning.
some money manager who got full stomach are too favorable for the japanese economy i dont believe them.
a probable QE4 is underway in end march 2016 when oil will touch the 14/17 level dollar a barrel whith a total decorelation in the oil/gold ratio.
or as defender of the financial system the fed will agressively raise rate in march or stay pat till next meeting after the march one.
still expect GC at 868 then in 2018/2019 the 400 dollars an ounce.
this hoffman is incredible
the golden veal will be burnt in the seas.
long time...oil to set at the 13 dollars a barrel.
as for industrial cycles the rate of return on capital is still underwater with most of the before 2009 investment being negative due to interest rate differential.
the inflation policy tryed by central bankers is aimed at insufling a impetus in the rate of return of corporate also. so yes a contraction in corporate america might come but the technological advancement and the investment made in enhancing the techno will help overcome the lack of return. even services sector is full of automatism.