DislikedEquities with a soft move from the European close as expected and markets look set to close the week.Ignored
"If The Fool persists in his Folly he will become wise." - William Blake
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DislikedEquities with a soft move from the European close as expected and markets look set to close the week.Ignored
DislikedHere's my eurUsd map. I marked some key events: --> 22-10-15: very dovish draghi hinting a QE boost --> 28-10-15: FED firmly puts december hike on the agenda --> 03-12-15: draghi flop --> 27-01-16: FED dovish again on market turmoils So we have ECB events (and related moves) in yellow and FED's in blue. The two yellow rectangles on the chart are the same size and the two blue rectangles are the same size. So basically we have ECB doing and undoing, FED doing and undoing and we are back to start (1.133). But... we actually had a small hike so to...Ignored
DislikedA case of dollar weakness then on the back of China offloading their dollar reserves coupled with the carry trade unwind means we can officially lockdown the cause of those huge overshoots which went above and beyond "fair value" on Fiber. ...Ignored
DislikedStill going good on eu. Thinking of the right shoulder forming now till 1,13 level and then continue with the down movement iaw the weekly outlook. The highs should not be reached for this. {image}Ignored
Disliked{quote} Wouldn't ECB not expanding QE strengthen the Euro? & cause EUR/USD to go higher? or am I missing something?Ignored
DislikedI wonder whats going to happen when they stop buying bonds? The yields should rise i guess? Starting a massive fall across the markets? Now were at the era of fixing yields with QE bond buying programs but how long can this run, for me its just an artificial demand buildup.. Any thoughts on that...Ignored
Disliked{quote} It just confirmed 98.60's as bear target. Looking forward for a bounce to sell towards it.. 110.50 is a pivot for bullishness towards 114.30;s or bearishness towards 108.80/40Ignored
Disliked{quote}[...] Expecting BOJ to start softening down[check]late Q2and yen start to fade down below 120.xx for a sharp momentum [check] leg toward 100.xx [in play]that will leave us chopping around till the end 2016. [...] Short term, the leg is pretty much over, crumbs away 110.3x. As soon as we short term bottom in OIL we are going for a sharp retrace 116.7x with...Ignored
DislikedImportant updates coming with the European close.
--> Changing short term outlook in OIL from strong sell to NEUTRAL...will revaluate when China comes back to the table next week.
--> Changing short term outlook in GOLD from buy to NEUTRAL.
sisseIgnored
DislikedSCould you share with us your opinion about gold? IMO, looks like it has no clear direction. Thank you!Ignored