@Ozzy: On AUD/USD: Yes, I remember Ashraf saying that, but it depended on continued stock market weakness. But the stock market picked up, and with it the AUD/USD. Since the stock market has weakened again, so has the AUD/USD. Not in lock step perhaps, but it does seem to follow. It is looking quite bearish at the moment, after its recent small rally.
Lots of people are predicting a market crash as well.
I was just looking back in the Eurozone Core thread, and there is Catnip's prediction around 15 June. It didn't quite make it - 1.27 by end June, but the direction was surely right, and it might still get there.
However, the 2nd part of Catnip's prediction was that the focus would swing back to Europe and it would go down to 1.1.6 in July (more in line with Ashraf's original prediction).
So you could say that Ashraf was talking about the longer term, but Catnip correctly spotted the shorter term countertrend.
On gold - I too was fooled, but actually, we have seen some recent sharp drops and even some gold bulls have been warning of a sharp drop before the bull run resumes.
At the end of the day it is the trader's responsibility for what he or she trades and he or she should make their own analysis.
Well looking bck here, Catnip was the most accurate, although 1.27 by end June was not quite achieved. 1.27 may well yet be achieved though, although it was running out of steam by the end of Friday. I have to say that at the time I was sceptical about 1.27, but I have to doff my cap to you. Now to see if the 2nd half of your prediction will come to pass - i.e. a drop to 1.16 in July. I hope so!
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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؟
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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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Lots of people are predicting a market crash as well.
However, the 2nd part of Catnip's prediction was that the focus would swing back to Europe and it would go down to 1.1.6 in July (more in line with Ashraf's original prediction).
So you could say that Ashraf was talking about the longer term, but Catnip correctly spotted the shorter term countertrend.
On gold - I too was fooled, but actually, we have seen some recent sharp drops and even some gold bulls have been warning of a sharp drop before the bull run resumes.
At the end of the day it is the trader's responsibility for what he or she trades and he or she should make their own analysis.
Now to see if the 2nd half of your prediction will come to pass - i.e. a drop to 1.16 in July.
I hope so!
"Looks like I picked the wrong week to quit drinking...." etc.
"Looks like I picked the wrong day to short the Euro...".
- Don't worry, the joke is really on me. I'm also short.
Horribly so.