I believe that the Global equity markets shall continue for a surge till late tuesday, and Gold is on the verge of breaking the $1,000 mark and there is some dollar weakness. Hence, I assume that the crude will benefit a bit till early wednesday. You have also to remeber the API data coming on Tuesday and the DOE data coming out on Thursday.
Moreover, unable to maitain below 67.50 on friday, may help the crude to test the 70-71 levels. Atleast I hope....
I like to go long on Oil. I am long at 68 and I think oil shall retest 70-71 levels, whereby a leg down to 65 shall happen and there I shall go long again.
Hope that you are enjoying your vacation. I just want to congradulate you on your calls. Dow tested again 9600s. Where do you see dow on the lower end? Thanks
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...
View Hot-Chart..
I believe that the Global equity markets shall continue for a surge till late tuesday, and Gold is on the verge of breaking the $1,000 mark and there is some dollar weakness. Hence, I assume that the crude will benefit a bit till early wednesday.
You have also to remeber the API data coming on Tuesday and the DOE data coming out on Thursday.
Moreover, unable to maitain below 67.50 on friday, may help the crude to test the 70-71 levels.
Atleast I hope....
I like to go long on Oil. I am long at 68 and I think oil shall retest 70-71 levels, whereby a leg down to 65 shall happen and there I shall go long again.
I am short on CAD/JPY @ 84 and although I am in the red but keeping my short till 83 as predicted by Ashraf.
Where did you come across the remarks you have posted?
Can I please have your views on CAD/JPY? How do you see it? and where do you think is a good entry point for going long?
Regards
API data are as follows: Crude -3.2M, Gasoline: -2.8M and Dist: +0.9M for who ever is interested.
Hope that u r enjoying your holiday. I guess ur expectation of Dow at 9270 will see before end of the week. I have been bearish on Dow.
Thank you again for your notes. But where do you see the Eur/USD on the short run? I am thinking of going long at 1.4150. Can I have your input?
Regards
Hope that you are enjoying your vacation. I just want to congradulate you on your calls. Dow tested again 9600s. Where do you see dow on the lower end?
Thanks