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...
View Hot-Chart..
Ashraf
Ashraf
Ashraf
Your yesterday's call on GBP was beautiful. Would you suggest shrting it today also @ 106660's?
Rob, yes still think GBP retetsing 1.6450
US data speaks for itself. Bad all round (sales and claims). USDJPY to retest 95.20 and even 94.80.
Ashraf
I shorted GBP/USD yesterday before Asia. Quite low. Regardless, I'm in at 1.6545, now. I thought adding would be of benefit after I saw job data, that doesn't seem to be the case right now. I can kick myself for not shorting GBP/JPY this morning, but that won't help either. Perhaps you can help? My margin isn't huge - do you have targets/thoughts on GBP/USD? Is key resistance at 1.6630? Do you still feel we'll see 1.6500 and 1.6460? I imagine stocks will determine? Seems like people preferred to buy JPY than USD this morning. Thanks a bunch.
In my view, the bank of canada won't intervene, but they will keep talking down CAD as I have already tried many times.
People has already got tired about their talking show. I don't expect there will be a big movement base on their talking shows. ( They have done so many thing damage CAD, first QE, then keep RATE low to next year and intervene.....I didn't see any action from them...) They are just want more time, before CAD shows its really straighten like 2006.......I was being wiped out at that time when USD/CAD reached to parity, I started to long USD short CAD.....2 weeks later, the pare took all my profits which I made for 2 years!!!! That was my biggest lesson in my life time.
Good luck!