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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..
Ok I close cable long. You think UK could be asking for a bailout?
Didn't i say UK will join the euro north?
It makes sense... not a cent goes to euro south that all goes down flushed ... an USD 1 trn is for bailout UK ..oops i mssed a trillion.
if asharaf dotn ahve time here are my take
GOLD
i was waiting for 1187 to break to give a signal for an uptrend . now that 1218 has been reached it clears the way for 1350 1400 level. as long the dynamic in gold commodities currencies is intact and i am talking about USDZAR since1991 the uptrend dynamic for gold is intect.
1100 will stay main support for the coming months years.
actually when the big hand ie pension fund manager will see gold as an alternative for investment in treasury for instance we r gonna a rush in this commodity and its is gonna be the strongest wave.
EURO
as i told several week ago get ready to buy euro. i send a comment to rrose about a dynamic and EW pattern formated since 2004 2005
that was my signal to announce that euro ahs rock bottomed and its support line is around 1.2535-45 first target 1.38 expect a resistance at this level
once broken euro is at 1.50.
A TOTAL PERIOD OF UNCORRELATRED MARKET BETWEEN US30 AND EUROUSD BUT FULL CORRELATION ON EURODOLLAR GOLD RELATION;
DONT GET ON SHORTING GOLD AND EURO CAUSE AND I SAID IT FEW WEEKS AGO THAT EUROPEAN MENBER AND ECB WILL TAKE THE RELAY FROM TE FED IN QE AND IS GONNA IMPLEMENT A MBS BUY BACK PROGRAM/ WITHOUT THIS ,EURO IS IN DOWNSPIRAL AND SOME WILL SAY IN DEFLATION BUT I WILL NOT GO THAT FAR.
I GIVE YOU SOON MY TAKE ON AUDJPY AUDGBP CABLE
WHEN I FINISH MY PIZZA
UK TV commentators are saying though that "the markets" are now looking a bit more closely at the UK's debt, which has of course taken 2nd place to the Eurozone issues recently.