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 |
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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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BLS attributing jobless claims # to administrative issues, market focusing more on Empire State # which came out hot but the glaring observation is the increase in prices paid and the decrease in prices received, implying pressure on profit margins going forward.
Tons of data coming out today mixed in with Fed speak.
where will the us dollar strength come from if bernanke does not increase interests rates for an extended (9 months) and then only in baby steps. as far as i can see with all the debt and bonds to service it will cost the usa to much money to increase rates by any significant amount. i am starting to think that unless major problems happen with the other currencies the dollar will not gain against most other currencys.
many thanks
hope to hear bad news out of europe/ uk for shorts
I agree with your euro comments. If this indeed is the case then the dollar is undergoing a three wave correction which in turn could bring usd/cad much lower possibly below 95? I have been waiting to go long usd/cad for a while now and have subsequently held off as i do see a large a correction back towards 78 region on the index. What i do wonder is cable in a wave 4 of 5 thus allowing the euro one more fall and the dollar one more leg up prior to a correction?
Should cable brek higher from here i shall go with the first scenario and that the dollar is indeed correctig from November . I will then short the euro higher up around 1.41 looking for another larger fall to 1.25 and go long usd/cad at the same time.
UBS
EURUSD 1.3818 Key
The Trend-Cycle model is far from perfect. Last week, it's negative readings (red bars) had me looking at the recovery from 1.3283 as a small wave .2 correction. It turned out to be much more.
Notice today that the model is turning neutral (black bar). It's the first cyclical evidence that the bear trend is indeed taking a notable breather, at a minimum. It also brings up the possibility of a rather bullish wave count. Note that the downswing from 1.5144 (November 25 high) to 1.3268 (March 25 low) now looks liked a completed five-wave move for wave ((i)). That means wave ((ii)) has been correcting higher from 1.3268.
It's maintaining the necessary three-leg path, but so far it's a bit stunted in relationship to wave ((i)). Normally, a correction of this degree would retrace 0.382 of wave (i) and/or reach the previous fourth wave of one lesser degree. In this case, those levels come in at 1.3818 and 1.3985, respectively.
Finally, and this is just one possibility, second waves often retrace 0.618 of the respective first waves. So in this case, if 1.3818/1.3985 cannot hold back this correction, 1.4427 (0.618 of 1.5144-1.3268 would certainly become a possibility.