It closed barely above 1.21. The rise happened during last 15 minutes of trading. It leaves us with lots of questions, as always. But it's unlikely, that euro will go north any further than it did already. The main question is equity markets. They are about to crash big time. Will PPT manage to hold them at these levels? if yes, then there is the chance that euro will stabilize.
Why so much agitation about the euro? It's falling against the dollar, so what? The End is the same for everybody, Europe and the US, and others. What's happening is a rat race to salvation at the expense of the other.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
MSTR 545
Listen to the voice note sent to the WhatsApp Bdcst Group for detailed explanation of these charts - استمع إلى الملاحظة الصوتية المرسلة إلى مجموعة الواتساب الخاصة للحصول على شرح مفصل لهذه...
View Hot-Chart..
Oil may have shown it's top recently (~$83)
But it's unlikely, that euro will go north any further than it did already.
The main question is equity markets. They are about to crash big time. Will PPT manage to hold them at these levels? if yes, then there is the chance that euro will stabilize.
Why so much agitation about the euro? It's falling against the dollar, so what?
The End is the same for everybody, Europe and the US, and others. What's happening is a rat race to salvation at the expense of the other.
1.3855 is the first resistance, slight chances are for the fibo level of 1.3949. Everything else is just noise as Ashraf told here 10,000 times.