EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
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...
View Hot-Chart..
ADP Non-Farm Employment Change
ISM Non-Manufacturing PMI
Factory Orders m/m
and then FOMC statement at 2:15 EDT
I think one must include all these data to figure out what the FOMC statement means in the longer term.
Imo employment will rise more than anticipated and so will factory orders.
If FOMC doesn't anounce the expected big QE USDx will rise sharply
Even if QE comes at USD 500 bln that will not drop USDx.
Imo Obama did a better job then the purely populist reps propaganda stated.
The Ezone economy reality is worse than US.
USD bears and EUR bulls beware .... the market will figure out after elections and FOMC hype.
Mandatory however is that the US reps now cease scapegoating and enter politics.
She will be pleased... everyone these days receives parcels with explosives EXCEPT ME...no one takes me serious...sob... but now I am one of them, yodel-duh... ok it is a small firecracker but anyway.. start small end big...
and a few ole brits bored to tears like gunjack
But still I don't know if we can listen to their oppinion.
Please share your thoughts....
Thanks in advance...
P.S.
Btw... here is an address: forexfreebot(dot)com