at the time of writing, gbpusd@15605 (mid) tomorrow is crunch day ma252 gbpusd@15700 , could we bounce back if we hit ? or push on through, my eyes are out on stalks here ashraf!! (will it or wont it?)
i know nothing about gold prices. i am looking strictly at the trend line against the double top of 990(ish) extending the trend line puts a possible break out in and around aug/september
hi ashraf, as you know im following this pairing like a hawk, ive noticed though that gbp/eur had a good gain today, of course the eu is behind the curve on the recession compared to uk and usa, i missed this trade but might there still be legs in a gbpeur rally , im aware the ticking bomb on equity pullbacks imminent, and that gbpusd 1.53 is bouncing along its ceiling and STILL hasnt had the nerve to break back above nov highs...this markets for the brave, i think i might just sit and watch from the sidelines a little longer ;)
hi ashraf, still reading/rereading your book, im finding the current market just about the best schooling for trading the fx gold exchanges as there could ever be. Is the market having the wool pulled over its eyes by the fed in the way of extra capital needed by banks? this flooding of treasuries by the usa and uk has to feed into the cable at some point, right? my mind is boggling over how this will unravel, Q. How might the interest payments on gov. borrowings effect/influence BOE base rate, ie are these huge debt obligations going to pressure inflation ?
hi ashraf,sorry about arsenal last night, i am looking closely at the rally in the ftse and the fact that trade seems thin and the rsi is weak, how will a turn in fortune on the ftse effect the cable? (in general terms)
ashraf im on chapter 4 of your book, it's a really great book for historical reference points, ive been following your bullish argument about gold target $1000-$1200 medium long term (6months??) do you think this is retracement in gold is down to the g20 obama effect? surely with more money and quantative easing being implemented in various degrees around the world would put pressure on a gold price resurgence, could you explain WHY $840 is such a key support level for you?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months 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(10 months 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(10 months 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months 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(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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i know nothing about gold prices. i am looking strictly at the trend line against the double top of 990(ish) extending the trend line puts a possible break out in and around aug/september