أشرف العايدي على قناة العربية -- 15 أبريل 2013

Apr 15, 2013 14:23

Gold selloff turns to a free fall on reports of margin calls hitting buyers at the Shanghai Gold Exchange. China's weaker than expected GDP figures coming in at 7.7% from 7.9% did not help metals either. Fears that nations other than Cyprus will resort to gold selling to bolster their finances are hurting the metal. Silver extends collapse to 23. Both gold and silver are seeing a Monday rebound, which many conclude to be bottom fishing by the central banks. To find out, which of the 2 metals faces more downside, take a look at our note on the Gold/Silver Ratio in the latest Premium note. New trades are issued on GOLD, SILVER and USDCAD with accompanying trading notes to lay out the rationale for these trades.http://ashraflaidi.com/premium

Latest IMT - Feb 23

DXY Net Longs

The upper panel of the chart shows net speculative longs in the futures contract of US Dollar Index (formerly Chicago Mercantile Exchange now Intercontinental Exchange). See how sentiment has improved from net shorts to 328 net longs contracts (longs exceed shorts by 328), to enter positive territory for the first time since June 2025. There are 2 occasions when positioning entered positive before territory before dropping back to negative, dragging the US dollar--August 2009 and November 2020. Will this time prove the same and lead to fresh selling in the US dollar? Tenporary gains in DXY mean DXY will remain capped near 98 (55DMA), while EURUSD supported around 1.1750/70 also near the 55 DMA.

If you prefer to receive these daily analysis into your mailbox and not miss an update, then feel free to register (free) in "My Account" section in the upper rightcorner of the website. If you already have a username and forgot your password then email us to for a password reset, or use another username (email) and most importantly click to "Subscribe to Newsletter".

Latest Hot-Chart - Feb 23

Before and After the New Tariffs The chart on the left is Nasdaq100 CFD (US100) which opened on Sunday night at 11 pm London Time after Trump announcement of 15% tariffs, and the other chart is the Nasdaq cash, ending on Friday... View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..