Intraday Market Thoughts

Gold & Silver Video

Jan 23, 2018 17:41 | by Ashraf Laidi

Gold is $100 above the level from my first video on the topic back in December. We take a look at positioning among speculators, as well technical analysis in assessing the medium term picture for both gold and silver. Full Video.

Ashraf's Wednesday Webinar

Jan 23, 2018 14:43 | by Ashraf Laidi

Join my Wednesday webinar with GKFX on "Multi-Time Frame Analysis".

- Your forecast may be correct but is it too early (or too late)? - Combine weekly, daily and hourly timeframes to your charting analysis - How news and noise help prices evolve

Wednesday, 7:30 pm London/GMT. Click to register.

IMF Joins the Party, BOJ Next

Jan 22, 2018 22:05 | by Adam Button

The global growth story got a big supporter Monday as the IMF upgraded its estimates for 2018 and 2019. The pound was the top performer Monday while the yen lagged. The Bank of Japan decision is next. The Premium Insights closed the EURUSD short at a 200-pip gain. 4 Premium trades remain in progress.

المحافظة على الارباح و الاتجاه (فيديو للمشتركين فقط)

The IMF ratcheted up its growth forecast to 3.9% from 3.7% for this year and next. It was widely anticipated but helps to underscore the upbeat theme that's rampaging through markets and giving a tremendous lift to global currencies.

Another spot that shows the optimism is the Citi economic surprise index. Every major country and region is positive with the US and Europe well high up the scale, except for Latin America trailing behind.

It's increasingly clear that global markets are entering some kind of euphoric phase and that the animal spirits are primed. Ashraf wrote last week about how yen-correlations have disconnected and that's something we're watching closely. At the moment, virtually all global markets are winners but at some point bonds will have to crack if this continues and that will make the FX landscape much more volatile.

One spot bonds are unlikely to crack is Japan as the BOJ attempts to stick to its annual 80 trillion yen in JGB purchases. Kuroda is likely to underscore the status quo in today's policy decision but there is a risk he signals a step away from bond buying or something that will allow Japanese yields to move higher. Recall, the  current objective is to keep the yield of the 10-year bond at or near 0%. It is now near 0.1%.

Watch carefully because even the slightest hint may be enough to send USD/JPY down to 110.00 and below. There is no set time but the headlines usually cross shortly after 0230 GMT.

فيديو تمركز العقود الأجلة في العملات

Jan 22, 2018 16:04 | by Ashraf Laidi

عندما يكون عدد عقود الشراء في اليورو أعلى من عدد عقود البيع هل يجب عليك شراء زوج اليورو دولار ؟ ماذا يعني تمركز العقود الاجلة في العملات ؟ و كيف يمكن للمتداول الاستفادة منه في تداولته ؟ الاجابة في الفيديو الإسبوعي مع خبير الاسواق أشرف العايدي الفيديو الكامل

لماذا الين الياباني ملاذ الأمان؟

Jan 22, 2018 12:48 | by Ashraf Laidi

لماذا الين الياباني ملاذ الأمان؟ ما هي "الكاري ترايد"؟ ما وراء علاقة الين و العواءد؟ لماذا توقفت العلاقة؟ الاجابة في الرساءل الصوتية عل قناتي في تلغرام للاستماع

لماذا الين الياباني ملاذ الأمان؟ - Arabic Yen Yields (Chart 1)