EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
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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Igumz
have a look at the link to an economic calendar - click on the icons on the 'Details' column. You can read details about each release including what normally happens if release is better than forecast.
Just remember trading the news is an art which takes time to master.
Some times better economic data does not lead to improvement in currency and vice versa, in fact sometimes good economic data is already priced in - so you can also expect a decline.
Suggest you read and study how currencies react to news events for quite sometime before you risk even a small amount of money
http://www.forexfactory.com/calendar.php
Vik
Modi is the heir to a $1 billion conglomerate - so pretty wealthy with or without the IPL. The money sources though are pretty dodgy - but remember, it is an Indian tournament with more than 95% of revenue from within India - so they don't really care what the rest of the world thinks. But they have to clean it up.
If it keeps growing at the rate it has been - this could be the richest league in the world in under 5 years.
Test cricket is a dying game - just watch the audience in the stadiums.
Vik
Stop is just below 1.34 - so not much at risk
close to channel bottom
risk appetite seems to be back on as equities rally
even with absurdly high Greek-bund spreads the Euro is not making new lows.
greek story fatigue may have set in
if u can absorb a 1500 pip loss- u don't need a stop loss - but I think we should get to 98
the 5 year low is around 90