@Pipster: I guess Euro is weakening more; look at EUR/GBP.
I don't know, but I think the outcome of G20 was less than spectacular wasn't it? Maybe that has some bearing. I don't think the Euro is weakening all that badly against the USD though. Seems to be recovering slightly. I'm guessing there will be another push higher (back to ~1.24)., but it's not much more than a guess.
@Catnip: Thanks for further explanation re bull-trap. Any thoughts on the specific spike around 16:00 GMT? Another hedge fund unloading shorts, or what...?
Ouch .... Cable just had a last little run up before the close which hurt me!
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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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؟
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Bitcoin versus Miners Performance
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June 28, 2010 01:11 GMT:
Video: http://www.thegoldandoilguy.com/articles/sunday-june-27th-gold-spx-video/
See also:
http://www.bigtrends.com/articles/dailytrendwatch/13284-is-gold-near-a-5th-stage-peak.html
Essentially, both see possible big corrections prior to resumption of bull trend.
I don't know, but I think the outcome of G20 was less than spectacular wasn't it?
Maybe that has some bearing.
I don't think the Euro is weakening all that badly against the USD though. Seems to be recovering slightly. I'm guessing there will be another push higher (back to ~1.24)., but it's not much more than a guess.
http://www.ashraflaidi.com/forex-blogs/1250/
June 24, 2010 01:31 GMT:
(See the video: http://www.futurestradingsignals.com/trading-education/gold-oil-us-dollar-sp500-technical-trading-video/
)
He sees a possible fall in the USDX to ~83.
Would be consistent with strong Euro rise.
These look more like specific spikes to me though.
One more indulgence please, Genaedige Herr :-)
What is your ~1.27 level based on. A Fid level?
The little b*gg*r doesn't want to die though, that's for sure.
Any thoughts on the specific spike around 16:00 GMT?
Another hedge fund unloading shorts, or what...?
Ouch .... Cable just had a last little run up before the close which hurt me!