im looking at that 13508 50% fib level what a key key level, if the euro can't get there or gets there and can't hold it , wow what a downside we have in play.
reading thru all the financial blogs/sites/papers, it seems all commentators are suprised at the strength of the rally, but the3 eurusd is still making lower highs and lower lows, if america does decide to adopt a more hawkish policy on debt that would finish this rally.
ashraf is iranian, so has a slight bias on news events, but don't take it out of context Rhiwad :) JUST when the markets see to be correcting themselves, i read this....http://bit.ly/interestraterisetelegraph wheat has had a 50% increase this year and thats having a knock on effect at Greggs! (no more doubling up on my usual order of cheese and bacon turnovers & apple danishs') more seriously infalation has raised its head! after all the talk of deflation things seem to be spinning round quickly on this one too. Dry goods may well be dropping in price but the relentless increases in commodities and grains has to be paid for at the end point, we all have to eat right? Q. Could some of the current uplift in usd x's be more long players realising that interest rates for the rest of the world may have to rise to dampen inflation , leaving the usa happily stimulating away, fearful of a debt laiden mortgage market into further repo's? if so 1.62-1.68 suddenly doesnt seem so unachievable. thought s anyone??
very interesting qiman, im looking at the todays cadjpy spike up again, this cross does seem to have some quite nasty whipsaws , i have a key resistance @86.55 but its again testing the top trendline , on the question of lower leverages wouldn't this mean less liquidity? wouldn't that in turn make 'volatility' even worse? im thinking..(i may be wrong, as i usually am) increased whipsaws around resistance /support levels and key psychological levels, as traders try to capitalise...???
i found an interesting article on BDI, they seem to think this is the bottom , as the bdi has rallied 7 days straight. Is this a proper indicator of an upturn? or possibly something else like refills of inventories?
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؟
Latest Hot-Chart - Apr 09
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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JUST when the markets see to be correcting themselves, i read this....http://bit.ly/interestraterisetelegraph
wheat has had a 50% increase this year and thats having a knock on effect at Greggs! (no more doubling up on my usual order of cheese and bacon turnovers & apple danishs')
more seriously infalation has raised its head! after all the talk of deflation things seem to be spinning round quickly on this one too. Dry goods may well be dropping in price but the relentless increases in commodities and grains has to be paid for at the end point, we all have to eat right?
Q. Could some of the current uplift in usd x's be more long players realising that interest rates for the rest of the world may have to rise to dampen inflation , leaving the usa happily stimulating away, fearful of a debt laiden mortgage market into further repo's? if so 1.62-1.68 suddenly doesnt seem so unachievable. thought s anyone??
i apologise for putting this link here but didnt know where else to stick it.