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 |
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..
i apologize but i have no sight on oil but i think that it must be a positive stimulus; on any case i am persuaded they will wait a bottom in eurodollar to articulate the process.
POINT TO PONDER: The worst of the recent market is behind us - Goldman fiasco, ECB Greece deficit figures, Greece rating downgrade, ash cloud & sone disappointing results...yet...YET...the market has been overall resilient (hats off to Dow). Gold, oil, equities, USD, GBP have been decent during aaaaaaall these happenings.
Now...NOW...if the markets have performed SO tenaciously during aaaaaaaaall this, what do you expect from here?! Say if there's NO bad news today...w/ a hint od +ve news...WHAT the HELL would THAT do the markets?! Just imagine.
This alone is preventing me from taking heavy positions. AT the same time, the Cartel might think that this is how Asad is thinking...so let's take him for a nosedive on the back of good news! Again, I'm torn...
Asad
Average price 83 & exit point 81.80. Anyone on this forum will tell you that 120 pips is super-decent! But it all depends on how often you've placed buy limits. In a volatile market, I'd add positions (short/long) every 50 pips. I kneeeewwww that Wall St luuurrrrrvvvvvs to go against the tempo...and so it happened. Oil was showing support at 83.40 (I think) when at 1430 GMT, the Streeters came and collapsed. During that collapse of 120ish pips, I added (shorted) twice...ultimately closing positions at 82.05 on the rebound!
I'm short again w/ an average of 83.65, though not as heavily as earlier this week...because I'm a bit torn about the movement today. My gut says they're going to collapse it s/where towards the end...but at the same time, I DO NOT like the current strength in oil. :S Ofcourse, if it collapses, I'll add to the shorts accordingly...
Asad
DO U THINK WE R MISLEAD ON EURUSD AND GREECE PORTUGAL,
ARE U FROM GERMANTOWN BECUSE WITH A GERMAN NAME AND LIVING IN USA THERE MIGHT A LOT PLACER LIKE BISMARCK
OR MAYBE UR A VIKING SETTING IN NROTHEAST USA;
WELL I LIKE DUSSELDORF AND DORTMUND ESPECIALLY THEIR SPECIAL SERVICES FOR SPECIALIST CORPORATION; REALLY I LIKE GERMANY GREAT HISTORY BARBAROSSA FOR INSTANCE THE SAINT GERMANIC EMPIRE FOR ANOTHER EXAMPLE AND ITS TITRISATION PROCESS
ANYWAY WHAT I WROTE ON EURUSD AND PORTUGAL IS JUST MY OPINION AND MUST NOT INTERFERE WITH VIEWER'S OPINION
MILD TONE WILL NOT HAVE AN IMMEDIATE EFFECT ON MARKET BUT MARKET NEEDS TO DIGEST WHAT IS SAID AND FACTOR IT IN LIKE EUROPE DEVELOPMENT ON GREECE
I AM A PARTISAN THAT THE GREECE CASE IS GONNA BE RESOLVED SOONER THAN WE THINK AND THAT THE AID PACKAGE IS GONNA BE TRIGGER
I HAVE BEEN REPEATING, AND I KNOW MOST OF THE FORUM DONT BUY INTO IT, THAT EURO IS ROCKING BOTTOM REALLY SOON
THE CONTAGION TO PORTUGAL IS POSTPONED TO FEW YEARS AND IT IS GONNA VERY INTERESTING TO CORRELATE WITH COMMODITIES EVEN THE ONLY COMMODITY FROM PORTUGAL IS FISH MAINLY.