Intraday Market Thoughts Archives

Displaying results for week of Jan 02, 2022

Gold Barely Passes so Far

Jan 7, 2022 20:25 | by Ashraf Laidi

Traders usually like the first trading week of the year because it wastes no time in getting back to action as ISM, NFP, ADP and other key data are released. The release of those FOMC minutes added a special flavor of extra volatility, in bolstering the possibility for a March rate hike (86% chance) and in making a June hike a slam dunk (so far). 

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Gold Barely Passes so Far - Gold Silver Bugs Jan 7 2022 (Chart 1)

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Gold Barely Passes so Far - Gold Net Longs Jan 7 2022 (Chart 2)

For gold bugs, XAUUSD survived another hard data test, by holding above the August trendline support, while the Goldbugs ratio remained capped as did Gold/Silver ratio—both positive end-of-week developments for XAUUSD and XAGUSD.  Finally, the positioning among gold net longs remains above the previous trendline resistance, now turning into support. 

10-yr yields posted their biggest percentage weekly gain since the 1st week of 2021...yes, exactly 52 weeks ago.   

Next week, members of our WhatsApp Broadcast Group get ready to pull the trigger on a particular index. 

As for USDJPY, I make the case for 120 and 123 in this video. 

Follow Japanese Money تابع تدفقات المال الياباني

Jan 6, 2022 16:24 | by Ashraf Laidi

Follow the money as Japanese outflows hit record high from 5:35 شاهد ما يحدث لتدفق راس المال اليابني من جزء 20:17

Full JPY Video فيديو الين الكامل

Jan 5, 2022 22:43 | by Ashraf Laidi

Five fundamental & technical factors indicating further JPY weakness Watch خمسة عوامل أساسية و فنية تشير للمزيط من الهبوط في الين اليابان شاهد آلان

JPY to 120? الين اليابني الى

Jan 5, 2022 22:11 | by Ashraf Laidi

How many times JPY fell near 117 before rebounding sharply? Is it different this time  Full Video كم من مرة وصل الين الى ١١٧ قبل ما استقر و انعكس؟ هنا اهم تحليلات للين