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  • Trump and Xi agree to further trade talks at high-stakes meeting in Japan

    From cnbc.com

    U.S. President Donald Trump and Chinese President Xi Jinping agreed on Saturday to proceed with negotiations after a series of escalations to their nations’ trade war threatened to disrupt the global economy. On the sidelines of the Group of 20 summit in Osaka, Japan, the two leaders held a highly anticipated meeting, which Chinese media outlets reported ultimately took about 80 minutes. Speaking after the bilateral, Trump said it had gone as well as it could have, and that negotiations with China would continue. “We are back on track,” the president said. The Chinese state media, meanwhile, reported the two ... (full story)

usdjpy buy
5-20% withadraw daily
how market ?
Gold, usd, eur ???
Goodluck to you!
Quoting Mr.Ha
how market ? Gold, usd, eur ???
risk off,so usdjpy buy gold sell,uj target 109.9
5-20% withadraw daily
I said that one week before 🍾🍾🍾🍾
No wonder Aussie and Nzd keep climbing last 10 days lol
Quoting scubemedia1
{quote} risk off,so usdjpy buy gold sell,uj target 109.9
Can gold hold $1.400 ?
Goodluck to you!
Quoting Mr.Ha
{quote} Can gold hold $1.400 ?
1395 may the gap open or support
5-20% withadraw daily
Quoting k3nshinz3139
No wonder Aussie and Nzd keep climbing last 10 days lol
aud gap up
5-20% withadraw daily
hihi, how many time Trump made this deal on the tweet, China has already won this war and US must give up and take back tariffs, without this step it may take years
This news.. Gold will climb..EURUSD UP...USDJPY DOWN...
AUDUSD and NZDUSD goes to the NORTH..
as expected for me
Allergic to bullshitters, never argue with fools
Quoting asmadi78
This news.. Gold will climb..EURUSD UP...USDJPY DOWN...
eu will go up but not gold ,when this type of risk off uj will bounce and gold will drop
5-20% withadraw daily
Quoting asmadi78
AUDUSD and NZDUSD goes to the NORTH..
au and nu sure north
5-20% withadraw daily
Same article, but one of you has Eur/Usd going up, one of you going down, lol.

So maybe another doji week then. There! Settled, haha...
A snails pace wins the race :-)
Sell off USD next week..
Eur gbp aud nzd up jbpusd chfusd strong bullish gold strong bearish oil up
What would the NZDUSD pair look like?
Quoting Haas9
Eur gbp aud nzd up jbpusd chfusd strong bullish gold strong bearish oil up
oil strong resistence drop
5-20% withadraw daily
Quoting Haas9
Eur gbp aud nzd up jbpusd chfusd strong bullish gold strong bearish oil up
jbpusd?
chfusd?

You mean USDJPY and USDCHF ?!?!
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
how does this effect to usdchf?
Yes usdchf usdjpy
Quoting cHerawit
how does this effect to usdchf?
Usdchf considered safety heaven like gold
From the article "On the subject of Huawei, the Chinese telecommunications behemoth that Washington has described as a security risk to the U.S. and allies, Trump suggested he will be reversing his government’s decision to ban American companies from selling products to the tech giant. Still, Trump said the issue of Huawei will be resolved only at the conclusion of the negotiations."

Despite the known risk to American businesses intellectual property the same businesses are pleading with Trump to leave Huawei alone. If Trump agrees to this the S&P will go up. (S&P did jump up 17 points in the last half hour of the Equities markets on Friday)

Chinese government knows this and has demanded that Trump drop his ban on Hauwei as as a condition for trade deals. China also wants the US government to drop charges against Hauwei's chief financial officer.
how is it possible to say gold uphill when due to tensions and gone a lot on I see a gold fall also because there is much difference between physical and virtual gold
Gold strong bullish next week..aim to 1,500.
So nothing new...
Everyone can see the chart, but only a few can actually read it.
Quoting scubemedia1
{quote} oil strong resistence drop
It is a good news for global economic growth second dont forget in OPEC meeting agreed to continue cutting production when fundamental is strong forget about technical analysis
Quoting cHerawit
how does this effect to usdchf?
USDCHF has been falling due to bearish USD sentiment.
Swiss frank is a safe haven as JPY is. Now that there’s relief on the pressured global economy (se G20 outcome) CHF and JPY may be exposed to a sell off. This will see the two safe haven currencies, as well as gold, falling some pips.

How much will they fall?!?! Let’s see next week.

Spend some hours on the weekend to study your charts, place your key levels and setup your trading plan. This can turn out to be easy profits if you are well prepared for the moves.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Quoting Haas9
I said that one week before 🍾🍾🍾🍾
I m tracking your comment, on june 20th you told to sell gold when it was 1353,
then it rocket to 1430.. if u sold gold at that time, i m sure your account in trouble...
what i want to say ; just sharing something worth for us here, dont talk bullshit here without analysis..
Sorry brother, i have to say that..
For Usd/Jpy, because in the next 6 months there will be a trade negotiation between US and Japan, this pair still in pressure to south...

Just my opinion
I dont believe AUD is going up next week, this new just confirms to me its gonna reverse and go down. The last 2 week climb will be broken and AU will make new low. The climb was coming just to see some news like this.. now its taking too long, traders wanted to see some results on friday, no results, just talks around that its not gonna be like this or that, but no sign of how it should look like... the talks continue. The two will have a dinner together and then leave from table just to say its time for the decision... the expected was not reached - therefore, closing positions is coming. AUD is prepairing to lower their interest rates next week which means another closing of positions and entering new ones on the short side. In the end, AU should be interesting for us, traders, as short oportunity next week.
-._.-
Quoting dani22
{quote} I m tracking your comment, on june 20th you told to sell gold when it was 1353, then it rocket to 1430.. if u sold gold at that time, i m sure your account in trouble... what i want to say ; just sharing something worth for us here, dont talk bullshit here without analysis.. Sorry brother, i have to say that..
No u are wrong man when it was 1353 it was before the meeting of FED i said the best thing is to buy gold when it reach 1400 i said now its time to sell gold it was one week before the meeting and i also said now it is time to buy usdjpy usdchf and sell gold i am waiting next week to take profit and my account is very good please follow my replies very well
  •  Guest
  • | IP XX.XX.73.249
G20 only a face saver for many n reality would be next recession coming in.
Quoting Haas9
{quote} No u are wrong man when it was 1353 it was before the meeting of FED i said the best thing is to buy gold when it reach 1400 i said now its time to sell gold it was one week before the meeting and i also said now it is time to buy usdjpy usdchf and sell gold i am waiting next week to take profit and my account is very good please follow my replies very well
Really ; this was your comment 21st june after the meeting of the FED(20th june) ;

[quote=Haas9;12343524]Next month will be for Aussie and nzd because there will some solution between china and usa and there will be negotiation between USA and iran. Short gold buy usdjpy and buy
And then when the gold reach 1390; u still says ;
quote=Haas9;12343799]Last chance to buy usdjpy chfjpy and short gold

After that gold rocket to 1439

come on brother just be honest
Quoting darksize
I dont believe AUD is going up next week, this new just confirms to me its gonna reverse and go down. The last 2 week climb will be broken and AU will make new low. The climb was coming just to see some news like this.. now its taking too long, traders wanted to see some results on friday, no results, just talks around that its not gonna be like this or that, but no sign of how it should look like... the talks continue. The two will have a dinner together and then leave from table just to say its time for the decision... the expected was not reached...
People are stressed about AUD and NZD going up too much...but thats only on the smaller charts...look at monthly. If both kept going up for months, it would make sense, because on monthly they only bottomed out.
Everyone can see the chart, but only a few can actually read it.
Quoting asmadi78
Gold strong bullish next week..aim to 1,500.
How can it be bullish gold? Definitely risk off news should be bearish gold.
[quote=dani22;12356959]{quote} Really ; this was your comment 21st june after the meeting of the FED(20th june) ;
Quoting Haas9
Next month will be for Aussie and nzd because there will some solution between china and usa and there will be negotiation between USA and iran. Short gold buy usdjpy and buy And then when the gold reach 1390; u still says ; quote=Haas9;12343799]Last chance to buy usdjpy chfjpy and short gold After that gold rocket to 1439 come on brother just be honest
Yes this was after the meeting of FED gold goes from 1345 to 1390 and then came the Iranian issue it goes above 1400 i said there will be no war i sold gold on 1394 and this week you will see the 1320
Quoting OnlineAddict
{quote} People are stressed about AUD and NZD going up too much...but thats only on the smaller charts...look at monthly. If both kept going up for months, it would make sense, because on monthly they only bottomed out.
Hello, yes i see its on the "bottom" i expect it to make even lower, my quess is somewhere around 0.65 or even 0.60 as next weekly timeframe suppport.
-._.-
  •  Guest
  • | IP XXX.XX.111.244
Well, about gold, trading using volumes and "tape reading", key levels to short gold are at 1421 (appeared on thursday), 1412 (appeared on friday), and 1409 (appeared late on friday), key levels to buy 1404 (goes from wednesday), so we can see falling to this level so far! then market will show new levels to operate with! Sorry guys I forgot my old account data - so putting words here as a quest!
I dont trade daily i trade on long term.... so when i said to sell gold it was a good chance to sell on the meduim and long term
all safe heavens are going to drop,monday morning
5-20% withadraw daily
  •  Guest
  • | IP XX.XXX.16.252
agreed that risk off will be back on....but only til the macro data keeps on showing the need to lower rates. Longer term be long dollar as at least they have something to cut.
Guys, wait, the ttade war negociations are not over...
So many traders trying to pick bottoms, I'm not saying it won't happen but why you'd want to buy UJ at the minute I don't know, from a technical perspective we are at a key structure level, we have rejection from a 20 ema if you use them, were rejecting 61.8 fib ratio there's also a major wick which needs to be filled and majority of net positions are long not to mention the daily downtrend trend line, the only possible way to make money is to sell if there so many net long postions. Stick with the trend until the end you can see raw price movement and when price changes to a uptrend and right now on the higher TF ie daily still in a downtrend, I wouldn't be surprised if UJ did not move next week and just trapped traders for the NFP to then come out positive yet a sell off to occur to get rid of the longs and try and wick fill from there people change there bias to short yet banks start to look long. Game of cat and mouse.
Quoting Neil0163
So many traders trying to pick bottoms, I'm not saying it won't happen but why you'd want to buy UJ at the minute I don't know, from a technical perspective we are at a key structure level, we have rejection from a 20 ema if you use them, were rejecting 61.8 fib ratio there's also a major wick which needs to be filled and majority of net positions are long not to mention the daily downtrend trend line, the only possible way to make money is to sell if there so many net long postions. Stick with the trend until the end you can see raw price movement...
I wouldn't buy UJ...I think it will drop towards 100 eventually...its not done with the downmove...far from it.
Everyone can see the chart, but only a few can actually read it.
USD/Chf ended week with a green doji on weekly at a major support level, may find some support at this level next week.
Jun 25th showed first leg up of a expected 6-stepped formation to the upside.
Quoting eleste
Guys, wait, the ttade war negociations are not over...
Its over US have no other opportunities if the issue is only related to economic i will say there will be no deal cause USA relaxed in this war more than China, but in last 15 days many things have changed in pollitics and china own syrong card to play it which is Iran and thats why Xi agreed to meet Trump after the airplane attack china have the key in this issue
Xi needs to respond positive as Huawei is big issue for the Chinese.
Eur/Usd is most promising chart for next week. Ended week with 3 green daily doji's after touching major upper trend line on jun 25th.
My only read on what is going on is that G20 countries have pressing need to extend the Credit cycle as no one wants it stopped. This is congruent with what CB's have been up to with all their manipulations since advent of GFC. Their is no policy change anywhere when it comes to Debt created GDP as only game in town.
It will take a major event possibly even a Natural event to alter that outcome.
Rubber stamping Bank stress tests by CB's and political discussion between major country Leaders all boils down to ways of extending credit expansion so that artificial demand gets created.
Neither Trump or Xi is going to stop playing the music.
I do not see changes, I am surprised by that of Mnuchin about 90% a few days ago, what happened to Mnuchin? I'm also surprised about the purchases of agricultural products, will it be true or do we expect the same response that Mexico gave about it, too?
Confucius: the man who broke the mountain was the same man who started ...
Quoting afevir
I do not see changes, I am surprised by that of Mnuchin about 90% a few days ago, what happened to Mnuchin? I'm also surprised about the purchases of agricultural products, will it be true or do we expect the same response that Mexico gave about it, too?
Mnuchin supplied Powell as candidate so Mnuchin currently resides in the Doggy House.
https://youtu.be/NcdHVo3pq4g
I think this is a scenerio to the next Fed
sell on news
Sell gold
Sell Dollar
Buy oil
Buy EUR
BUY GBP
For next week
so many tweets and all in all Trump gave up, so what was the purpose of this all mess?
  •  Guest
  • | IP XX.XX.76.38
Usd will go stronger next week for sure . Aud cutting Rates . And usd will cut only .25 so usd correction . Sell everything against usd until Friday .
IMHO.. Mr Trumps Huawei move is encouraging and sensible. Its pretty clear that sorting this out was a Chinese red line. And results from major behind-the-scenes pressure from US and Global tech, and US Allies, as UIC of Huawei entity naming to US and global supply chains has emerged.
The rest is kicking the can... and giving Mr Trump wriggle room to backtrack on his aggressive stance.
IOHO interest in resolving this potential Trade war has been asymmetrically and probably correctly characterised in US favour on economic terms. However when viewed politically, the asymmetry is reversed.
The stakes for US administration, are much more personally politically-threatening (Election in 2020) than for the Chinese,and the Xi administration.
ie.. The Xi administration grip on China is hugely more secure and powerful than Mr Trumps on America and significantly Chinese control over internal media perceptions for blame are much greater than Mr Trump can possibly exercise on American public opinion and sentiment.
This more than offsets any short term pain, Chinese economy may be threatened with and suggests that chinese hand may be much more significant that most purely economic analysis currently reflects.
Consequently Mr Trumps need to "Pull a Rabbit out of the Hat" quickly is much greater than Xis.

On the immediate trade side.. the insecurity of the current situation is contributing to Gold and crypto pricing.
Evidence of significant sovereign purchases since start of year by Russia & China are further underpinning demand. There is a case for a new longer term rally in Gold, but investing in that curve will as always be subject to technical judgement, as well as reacting to further developments in this evolving trade crisis.
Just a Thought.
Warning: A Dangerous Subversive: 1% of comments CoCed
Quoting sgmf
so many tweets and all in all Trump gave up, so what was the purpose of this all mess?
people made lots of money out of those tweets
Allergic to bullshitters, never argue with fools
Quoting asmadi78
Sell off USD next week..
Why ? Can u tell us in simple words plz?
Quoting peyman
{quote} Why ? Can u tell us in simple words plz?
Good news from G20 might push Usd/Chf higher in the Asian session Monday, but long term it's down for the $
The line graph on the weekly chart shows clearly that the USD failed to touch the top resistance line and came back with a string of red candles.
Many here are still thinking that bankers (Market makers) can make decision just on the words of the leaders.

MM is likely to go in direction of weaker USD since interest rate is set to either hold or reduce medium term (3-6months)

So my projection is USD to reach 100 in next month and eventually settling there at end of year.

In a similar way to what happened in Dec 2018
Quoting Bakker
{quote} Good news from G20 might push Usd/Chf higher in the Asian session Monday, but long term it's down for the $
That push up was discount to get sellers in for the sell off
Quoting OnlineAddict
{quote} I wouldn't buy UJ...I think it will drop towards 100 eventually...its not done with the downmove...far from it.
Thats my sentiments too.

Market makers first trade based on the interest rate....and FED is still Hold to cut.

Last year they were hold to hike
Quoting reza.shoari
Sell gold Sell Dollar Buy oil Buy EUR BUY GBP For next week
Nope doesnt work like that Market makers are bankers they know that the cost of money (FED rate) is the single most impactful thing in the valuation of the dollar
[quote=dani22;12356959]{quote} Really ; this was your comment 21st june after the meeting of the FED(20th june) ;
Quoting Haas9
Next month will be for Aussie and nzd because there will some solution between china and usa and there will be negotiation between USA and iran. Short gold buy usdjpy and buy And then when the gold reach 1390; u still says ; quote=Haas9;12343799]Last chance to buy usdjpy chfjpy and short gold After that gold rocket to 1439 come on brother just be honest
Market makers are realist

they have to wait for certain kind of info to justify preventing the market from going in a straight line (must go up and down) to keep money moving. So Gold must keep moving to its target of about 1500 until the impact of what these leaders talk about kicks in.
Hi guys
Anyone knows about bitcoinsusd?
Will reach 13000 again ?
hey, we're not talkin': we're just....talkin'....
"If The Fool persists in his Folly he will become wise." - William Blake
Quoting OnlineAddict
{quote} People are stressed about AUD and NZD going up too much...but thats only on the smaller charts...look at monthly. If both kept going up for months, it would make sense, because on monthly they only bottomed out.
i believe in the stats more people are selling aud than buying so the bigboys will play and keep going to where the stops are my next trade
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Sell it buy it buy sell suck cock fuck fuck. Why do you fu*kers comment things like this? If you really think we care if it's buy/sell then at least back it up with some valid arguments. Spammers! Out of 70 comments only 3 or 4 make some sense
Quoting synotaxidae
Sell it buy it buy sell suck cock fuck fuck. Why do you fu*kers comment things like this? If you really think we care if it's buy/sell then at least back it up with some valid arguments. Spammers! Out of 70 comments only 3 or 4 make some sense
i didnt say buy or sell i said i would trade where the stops are so whats the problem cant you trade

dont answer that i saw your activity on your bio page
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
“We’re holding on tariffs, and they’re going to buy farm product,”

At first glance, it's a promising talk from the president of the United States, but when we look more closely at it, we see that the unresolved disagreement.

In fact, the two countries have agreed not to hurt more than the other, albeit temporarily.

Undoubtedly, tensions and the discussion of business negotiations, like the talk of BREXIT, require a lot of time.

Maybe solved and maybe not.

The manipulation of the currency, which is the main source of tensions, remains unresolved and it will be very difficult to solve.

I do not think the market will react positively, and if it shows, it's temporary.
Nothing changed, no big move before FED decision in july.
Guys guys guys!
What goes up must come down and what goes down must come up.
This is how traders make bucks.
Everything is levels and price action.
Yes fundamentals and breaking news move the market, but in the end of the day the movements respect certain levels.

Follow price action and respect levels and you will not fail.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Quoting mr.nazermehr
“We’re holding on tariffs, and they’re going to buy farm product,” At first glance, it's a promising talk from the president of the United States, but when we look more closely at it, we see that the unresolved disagreement. In fact, the two countries have agreed not to hurt more than the other, albeit temporarily. Undoubtedly, tensions and the discussion of business negotiations, like the talk of BREXIT, require a lot of time. Maybe solved and maybe not. The manipulation of the currency, which is the main source of tensions, remains unresolved...
Why are we calling currency manipulation when a country with a population over 1billion has to take more of the controls compared to others?

No one should expect that an identical measure would be adopted by a different culture and control needs compared with Westerners
Quoting NotAtrader
Guys guys guys! What goes up must come down and what goes down must come up. This is how traders make bucks. Everything is levels and price action. Yes fundamentals and breaking news move the market, but in the end of the day the movements respect certain levels. Follow price action and respect levels and you will not fail.
I don't think so, economics theories don't say this, some fundamentals act like a shock, these shocks make the charts and levels change, that's why we call those shock.
Quoting sadeghi
{quote} I don't think so, economics theories don't say this, some fundamentals act like a shock, these shocks make the charts and levels change, that's why we call those shock.
The same economic theories say: Plan Your Trade and Trade Your Plan. This involves your technical analysis, regular fundamentals and regularly released economic data and definitely not shocks.
Now answer my question... Can you plan shocks?

If you can then I wish you could tell us how you do that.

The spikes, called by yourself “shocks”, are just noise in the big timeframe picture.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
reduced pressure on AUD and NZD. sell yen
Any idea on gold ? Will it go up or stay near 1400 or 1395?
Quoting NotAtrader
{quote} The same economic theories say: Plan Your Trade and Trade Your Plan. This involves your technical analysis, regular fundamentals and regularly released economic data and definitely not shocks. Now answer my question... Can you plan shocks? If you can then I wish you could tell us how you do that. The spikes, called by yourself “shocks”, are just noise in the big timeframe picture.
depends on accessing to information. you can anticipate some shocks if you have access to enough information ( in short time ) and the other hands, some of shocks are naturally unpredictable. anyway, you can't definitely say " i just consider technical and fundamental is not important " . considering technical and fundamental has the same importance.
Quoting sadeghi
{quote} depends on accessing to information. you can anticipate some shocks if you have access to enough information ( in short time ) and the other hands, some of shocks are naturally unpredictable. anyway, you can't definitely say " i just consider technical and fundamental is not important " . considering technical and fundamental has the same importance.
You have obviously misunderstood me. I did not say that you should ignore fundamentals.
I said: “Plan Your Trade and Trade Your Plan. This involves your technical analysis, regular fundamentals and regularly released economic data.”
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
there will be abig bounce For USD next week , big correction coming
here's how to be with trump's plans to feed the poor countries getting money from tariffs , it is very interesting he is TRUMP , where is already helping for free ???
Quoting asmadi78
This news.. Gold will climb..EURUSD UP...USDJPY DOWN...
What a nonsens!
A couple of articles of interest as to how long this new possible rally might live.

US-China Trade - Ceasefire a reality but no quick fixes to reach a deal
- Danske Bank Research

https://research.danskebank.com/rese...4b9ff7967e8/EN


As widely expected, the Xi-Trump meeting ended with a ceasefire in the trade war. The export ban on Huawei was also lifted, at least partially.

The ceasefire is good news in the sense that it confirms that both sides want to make a trade deal. President Trump's comments afterwards suggest he sees a trade deal as a key component of his election campaign.

However, large obstacles remain to reach a deal that satisfies both sides and we still expect a rocky path ahead.

We continue to look for high volatility in equity markets in the short term and do not see the ceasefire as a game changer for FX markets.

Ceasefire no game changer for FX markets

The ceasefire agreement is not a game changer for FX and commodity markets in our view. The USD should stay broadly unchanged.The lower probability of new US tariffs on China is negative for the USD, but a mitigating factor is that the odds the Fed will cut by 50bp in July will likely go down, which would be USD-positive. Commodity prices should stay well supported by the improved outlook for a trade deal. That in turn should benefit commodity currencies, the AUD, NZD, CAD and NOK. Finally, we could see this change in tone in the trade talks weigh a bit on theJPY


FX Flows Fueled By G20 Optimism
By Kathy Lien Forex Jun 28, 2019 04:40PM ET

https://www.investing.com/analysis/f...mism-200435757

We expect President Trump and President Xi to agree to restart trade talks but given Trump’s general unpredictability, even if tariffs are delayed, they remain an ongoing threat to Chinese and global growth. However a trade truce is not the same as a trade deal and the chance of a full fledged trade agreement between the U.S. and China is slim. So unless we are wrong and Trump announces a reduction or elimination of tariffs over the weekend, the corresponding rally in the U.S. dollar and improvement in risk appetite will be short-lived. USD/JPY, AUD/USD and other major currencies could receive a lift from a delay in tariffs but the outlook remains unchanged because delaying additional tariffs is not the same as lowering or removing them.

Based on these and what I see in charts is that...AUD/XXX, NZD/XXX, XXX/JPY will go up...then down...then further up again....

All subject to change as charts evolve.
Invest in Life
Quoting eel
{quote} What a nonsens!

gold has a gap , jpy has a gap and the poster is correct , gaps will close at some time a trade on them is solid but it seems you are not in touch with forex
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Can Anyone explain me in simple language why gold opened with gap ? I am a noobie so please try to explain according to that...Thanks !!
Quoting Bakker
Eur/Usd is most promising chart for next week. Ended week with 3 green daily doji's after touching major upper trend line on jun 25th.
My estimate is that EURUSD is on a 500 pips move up to 1.16/1.17
Quoting scubemedia1
{quote} risk off,so usdjpy buy gold sell,uj target 109.9
UJ giving discount to 109.170 before continuing move down to 100 after NFP
Quoting DonFF
{quote} UJ giving discount to 109.170 before continuing move down to 100 after NFP
My price for USD/JPY to be monitor is 108.5xx, if the price can go higher, 108.900-109.100 is my last one to change my Bearish Bias for this pair...
Quoting dani22
{quote} My price for USD/JPY to be monitor is 108.5xx, if the price can go higher, 108.900-109.100 is my last one to change my Bearish Bias for this pair...
Will likely go above 109.100 before going back down.

There are 2 things to consider

1)USD is going bearish just merely on the global economy alone with central bank hold to cut expectation.
2)With this JPY /CHF/Gold become the safe haven with JPY due for strenthening on average in AUG anyway
Quoting Elknit
Can Anyone explain me in simple language why gold opened with gap ? I am a noobie so please try to explain according to that...Thanks !!
Gap happens when there are signifcant events outside regular market hours. Since institutions and market makers still trade outside regular hours (they are priviledged).
Quoting DonFF
{quote} My estimate is that EURUSD is on a 500 pips move up to 1.16/1.17
Finally. Someone with sense and someone that can read a chart. The current EUR/USD trend is clearly subdividing into a strong 3rd wave higher just based on technicals. This means that we are either going to get more bad economic data or the dollar is simply going to continue to sell off just like the bond market is.
Quoting DonFF
{quote} Gap happens when there are signifcant events outside regular market hours. Since institutions and market makers still trade outside regular hours (they are priviledged).
That's ok but what made gold fell down?
Manipulation
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  • Posted: Jun 29, 2019 1:54am
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    Category: High Impact Breaking News
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