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...
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so on long term view i would like to sell it too. Indeed UE inflation is on the upside, but i think USA want a weak USD in order to create new job thanks to exports that's why I think FED had dovish outlook today and hold the idea that they could put new QE on the table .
And if chinese don't hike rates new QE will be their weapon...
+ european debt crisis is over for several month
+ chinese could buy euro
USA want to hold their leadership in indian ocean where is most important exchange area in the world tht'why they should have a weak dollar to be competitive in this region against the yuan.
so I think there is no reasons for the 6 next months to see a bounce in the USD.
That's why buy eurusd for long term
My outlook is for no change in policy or stance; but what will that do to the dollar?
if this is the case i think USD could bounce four few days against EURO which could reach 1.2800 dispite today irish auction, because usd fell last week on more QE speculation. (short term outlook)
After that I think that big players will drill FEd for more QE next month, and we ll see USD decline gradually. (long term outlook)
China/Africa/America latina (winners) Vs USA/Europe (losers)
http://www.michelcollon.info/Ocean-Indien-ici-se-joue-la-grande.html
Its time to put our money in south
short eurusd, I dont know why lot of guys in this forum are excpecting a big rebound... sell all rallies..
Xaron you have a big euro exposure :
lg euraud= lg eurusd+sh audusd.
+ your lg eurusd
+ lg eurchf = lg eurusd+ lg usdchf
be cautious with lots size with each of your trades
YOU HAD AN EXCELLENT VIEW ON USDCHF
Trend is bearish so I don't want to play the short terms rallies... If it isn't in the end of today afternoon wee gonna see a sharp reversal on all risky assets
With this argument "countrys debt burden is likely to weigh on economic growth" numerous countries are concerned.
dispite chf sharp rally I'll short chf against eur above 1.3950 because I think SNB will intervene near this level... They are very very anxious, under 1.40 the labour market could be very affected in switzerland
What is your opinion