In my opinion this oil hike is unsustainable because in case this continues this will push inflation higher jeopardising the recovery which is still very weak. If this does happens the FED will have to rise rates sooner rather than later to mitigate pressures or markets could fell sharply again.
Does anybody know how 2 paste a chart here? I found that there is a very strong resistance trendline in the usd/jpy weekly chart that has been valid since March from last year. According to this I believe this pair may test 87.00 or even lower. Any comments on this will be greatly appreciated.
Any thoughts on Aud/Jpy, I shorted it at 81.56 but Im confused with the market action at this moment. Should I close it out or would it be better to wait? Any thoughts would be greatly appreciated. Thanks
AVG, personally I think the Aussie will keep moving higher. I bought aud/usd at 89.20 and it just hit my first at .8995. My second target is set at .9045, but I'm being very careful with the 200 MA in the 4hr chart.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
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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That was Ashraf's last tweet about cable.
Thanks montmomercy.
I found that there is a very strong resistance trendline in the usd/jpy weekly chart that has been valid since March from last year. According to this I believe this pair may test 87.00 or even lower. Any comments on this will be greatly appreciated.
Thanks
Great calls today!
77.00 is a big support in aud/jpy do u think it mite hold? what's ur view on this one?
Thanks for everything.
Adalid