Hello, EURUSD is quite opposite to #DXY and we forecast DXY to fall so EURUSD to rise, However, it could sink 100 pips down before it takes the rise, avoid selling if it drops and wait for the Long position from 1.0580 level.
Heloo traders, Lets learn Some basic points about gold What does make the Gold rise? 1. Dxy as DXY falls Gold rises, this applies only for short term, but long term no relation. 2. Yields of Bonds, AS #US10Y and #US02Y falls, the GOLD rises and this makes sense. As investors take their money off the Bond market and invest it in Other assets including Gold. 2. ...
Hello Traders, Lets look at the DXY analysis Technical Analysis.. 1. DXY found a Resistance at 106 level, and we could see a strong fall from here. 2. Next Strong Support @104.90 so we a fall first then rise. Statistics... 1. DXY Rose 1.4% in June due to the fact inflation numbers are not the best, and US10Y still high. Fundamentals 1. We are awaiting...
Hello traders Usoil has dropped sharply and found a support around 7.50 so we can buy it here
Hello, US30 found a strong support and heading back up to 40K This senario will be valid if Friday news are postive for the Shares Meaning if the unemployment rate increases above 4% and NFP numbers drop below expactations. In general we want to see the US economy slows down, consequentely the Inflation will cool off and ultimetaly the #FEDS will lower rates...
Hello traders, Watch out the Cease fire in Gaza could be negative for #Gold But #GOLD remains bullish fo the months to come. Price action: Monitor the 2305-2310 Price range, if we see good entry from this level, we will go long, and place SL below 2300. News: We should be aware of multiple news in the coming week like Manafuctring and Service sectors, as...
Hello traders Correlations: #EURUSD Pair is moving inversely with #DXY, and the dollar index is forecasted to fall for the medium term, however, dont expect a strong fall, as we see US economy still strong. Fundamentals: #DXY will remain strong as long as the #US10Y United stated yeilds for 10 years is high, once it drops, it will take the #DXY down with...
Hello Investors #CRM has dropped sharply after disappoinig notes from the company regardinng the forecasted revenue. However, this stock is strong and this dip is considered an oppposrtinty. Buy averages between 213 and 1292 and target 270 level in 100 days.
Hello guys, Gold has find a support at 2325 and possibly we could see a reverse from there. Breaking below the 2325 will send us to 2300, this could happen if the Infaltion number are rising. Anyway, the long run the #US10Y will drop but slowly, and the global demand for the Gold esecially from Chine declined a but but remains high. The collapsing Chinese...
Hello guys, Cable is gaining very well, and more though from the decline of the #DXY We can see the up-ward channel clearly, and the cable has found a support at the bottom of the channel, this rally could continue to the top of the channel and we sell it from there.
Hello Guys #DXY has some gain yestarday but lost it all today, and possibly will continue to fall during and the next week. We are selling #USDCAD all the way down to 1.3520 , possibly we get a small coreection from there to the up side, but we will conbtinue to sell it also.
Hello guys GBPJPY has rallied to 200 besfore, this is a history is being written in such circumstances The main reason for the weak #YEN is the #JP10Y has been weak against strong #US10Y so simply investors sell Japanese yen to buy other interest-carry currencies. If the Bank of Japan will increase rates sooner, which is not expected, then ALL JPY pairs will...
Hello traders, #GOLD has rallied on good #Inflation numbers and falling #DXY. However, the momentum is weakining and possibly we could seea correction from the current levels to 2370 and we would see a rise sharply from there. It is importamt to watch for next #Inflation report the next #PCI which the #FEDS are watching closlely. #Powell indicated the...
Hello traders, The EURUSD has been rising and made 2.75% in the last 30 days. The 2.75% is too much to find support to continue, so the EURUSD needs to start a correction between 1-2% down, then it can rise again. We can notice there is majpr trend line that the #fibre has left and took too much momentum to the upside, so it needs to come back to test the...
Hello guys, EURUAD has been falling nicely and this could continue to 1.6140
Hello traders Gold has found a recent support at 2311 and the next target area at 2350 It is advisable to avoid any sell in GOLD, Gold is in a very strong up trend an dpotentially will continue The May 13th inflation report will be a gate opnner for the gold to rally if the inflation dropped better than expected. Hold gold and wait, As well as #US10Y and ...
EURUSD has reversed to an up trend and heading up, the next target area is aroun 1.0860