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 |
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields - Details in video description.
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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@Said ok pour Yverdon !
1.36500 to cut the merchendise in two in chicago.
yep still long as i said 1.37 for today and then 1.40 and more for this year.
@said
tu me casses de rire, remplace djamel for his 2011'show
we'll likely see continuation of Euro to upside early part of next week to 3770/80( which would mean confirmation of resumption of uptrend)...... then correction down to 3620/40 level.. as long as 3620/40 holds... the next upside target would come in at 3940/50 enroute to 4100/4150 level...
only clear break below 3620 level would see test of 3470/3500 main support...
gl and happy weekend everyone...
Thanks for the call on eur/usd ! still long?
Si tu passes sur Verbier fais signe je te dois une coupe de champ!
@Subway Thanks for you analysis great entry point!
if my 6 months daily counting is right we are in a range for a month or two.
that is intersting
Something interesting happened earlier today in the much underappreciated eurodollar market. As the Bloomberg chart below shows, just before noon, someone aggressively sold 100,000 contracts of the March 90 day Eurodollar future. Why is this notable? Because at a contract size of $1MM per, this is effectively a $100 billion notional bet that the eurodollar price will decline over the next month. What does this mean in simple terms is that since the eurodollar price is determined as the difference for par in 3 month Libor, someone just put a very sizable bet (probably one of the biggest single Euro$ blocks traded in recent months) that Libor is due for a jump. Now Libor, traditional economists will say, is a function of monetary policy and a reflection of the short-end of the curve (remember the now forgotten TED Spread?) which is driven almost exclusively by the Fed Funds rate. It is also driven by exogenous risks to the credit system such as what happened when Lehman blew up and Libor hit the stratosphere. In other words someone just put down up to $100 million in capital at risk ($82.5 million to be specific) that over the next month (contract expiration assuming no roll, is March 14, 2011) we will see one of two things: a bullish economic development: a rate hike (or expectations thereof) in the US, or to a lesser extent the ECB, or a very bearish one, such as a bank collapse, along the lines of what the recently disclosed surge in MLF borrowings may be predicting - recall what happened to Libor when Lehman fell... In other words your traditional barbell trade. Either way, should this single trade be imitated in the next week, one can bet that the Eurodollar trade will suddenly become far more popular.
the mediterranean fleet.