Ashraf , I note that you have alluded to the VIX rising in tandem with equities today.It will be interesting to see what transpires from this . One would think that the VIX is perhaps hinting that equities are on their last gasp but I suppose we will have to wait and see .
Ashraf , for the time being it appears to be wrong but I feel it is only a matter of time before the current upside momentum reverses and the downtrend resumes on this pair . 129 is the key level .
"....We need severe deleveraing accompanied with drop in oil for USDCAD to jump back up ". do When this occurs ,would it be reasonable to assume that the eurusd audusd and cadjpy to have correllating downward corrections?
"and don't forget the effect of the mainstream media embracing the golden story ", could also be indicating that we are approaching a top in Gold soon - albeit a short term one . No need to respond to this one Ashraf .
Ashraf ,you mention in your book the mirror imaging between the EURJPY and the VIX . In regard to these two instruments I was wondering if one predominately leads and sets the direction for the other and if so which one typically leads. Thanking you in advance .
Ashraf you comments in the previous post regarding the EUR JPY have just confirmed my assumptions about this pair . Looking at the charts it seems that once support that you mention are broken it can swiftly reach 127 or thereabouts.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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Ashraf , for the time being it appears to be wrong but I feel it is only a matter of time before the current upside momentum reverses and the downtrend resumes on this pair . 129 is the key level .
do
When this occurs ,would it be reasonable to assume that the eurusd audusd and cadjpy to have correllating downward corrections?
imply a weakening of the gbpusd ? Thanking you in anticipation ,
Cougr