mr_index

mr_index

Increased incidence of covid19 in the euro area, especially Germany. Social distance constraints were increased to combat covid1. Negative inflation. High unemployment rate. The euro is too tired and needs to rest.

mr_index

Will Biden victory reduce gold or increase the price of gold ?! We will see in the chart together! Read my previous analysis of the Dollar Index (DXY).

mr_index

US political developments and their impact on the dollar : Here is a principle for you to remember: The value of the dollar decreases during the Republican era and increases during the Democratic era. Of course, this is done with a certain time priority after the elections. This is a long-term priority for the transition from Republicans to Democrats. That is,...

mr_index

Short-term idea Pulbek has been completed

mr_index

Since the Swiss central bank has always announced that the country's currency has strengthened too much, with the strengthening of the dollar, we are witnessing an increase in prices in this chart.

mr_index

FUNDAMENTALS: As relations between London and Washington improve, the situation for Europe over the Brexit agreement has become more difficult. The head of the European Central Bank expressed his concern about the current state of the economy, saying that the central bank had not achieved its goals and that fiscal and monetary policies should continue. An...

mr_index

The dollar is strengthening. Commodity price index fell. And bonds rose at the same time. Most foreign currencies (except the US dollar) are depreciating. Market sentiment for the dollar is positive The usual target for gold is a minimum of 1800 and a maximum of 1700, but this depends on market conditions. An increase in the dollar index lowers the commodity price...

mr_index

FUNDAMENTAL: United Kingdom: The Bank of England has said it is looking more closely at sub-zero interest rates. With the tripling of the number of coronavirus cases, the UK economy is facing unemployment and problems with the Brexit agreement. Lower interest rates increase liquidity and increase commodity prices, thus reducing the value of the currency. There...

mr_index Updated 

Given the recovery in the US economy and the worsening economic situation in the UK, the GBPUSD exchange rate can be expected to fall. Because in any case, any action taken by the Bank of England in the future will lead to an increase in expansionary policies and, as a result, a devaluation of the country's currency. Leave me a comment

mr_index Updated 

Short-term business idea Leave me a comment

mr_index Updated 

In the short term, the price is taking its downtrend and is facing a resistance of 1.11002 . The short-term, and the long-term, are bearish Success is not the destination, it is the way.

mr_index

You can see the downward trend in the one-hour time frame!