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Cable Update (GBPUSD)

  • #819,901
  • Apr 3, 2024 3:36am Apr 3, 2024 3:36am
Quoting Nordling
{quote} I want to point out some stuff he missed First of all the inverse correlation between the debt market and stock market looks broken for over a year. Both yields and the stock market is in an uptrend. So saying the market is driven by the debt market and calling the market a "hyper bubble" is a bit too strong.
You can't break the inverse relationship, only there's a lag.
What you see is the market front run of the expected drop in rates.
Also, there's a raft of debt that remains super low until refinanced.
In the UK there's a 2 to 5Y rollover in the US it's a much worse Government-intervened market.
If you held those rates the overleveraged would fall.
The stock market is in a horrendous bubble and that's NOT the FED's job.
You're disputing basic maths & logic.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,902
  • Apr 3, 2024 3:43am Apr 3, 2024 3:43am
Come on
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yes yes yes
  • #819,903
  • Apr 3, 2024 3:46am Apr 3, 2024 3:46am
Quoting Whale
I set a sell limit for gold 2290.. what a shame. it dropped before.. i think we saw the top for the next weeks ahead. just my view
If we're right about the USD, then Gold should drop some.
Not much left until June however... it shouldn't be any significant pullback just like these prior ones weren't too.

Silver is on the way to 28.5$ it seems.

Sucks you missed it by 2$...

Will see, but I don't think I'll be trading anything today.

GBP/USD could hit the resistance at 1.262 today. We'll see...
Fed's Bostic will comment on ADP probably today after the numbers get out.
  • #819,904
  • Apr 3, 2024 3:48am Apr 3, 2024 3:48am
the debt market is saying higher, the stock market anticipates the drop
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,905
  • Apr 3, 2024 3:50am Apr 3, 2024 3:50am
Let's see what they have in store for us with EU CPI.
  • #819,906
  • Apr 3, 2024 3:56am Apr 3, 2024 3:56am
Forecast for NFP moved from 205K to 212K.
  • #819,907
  • Apr 3, 2024 3:58am Apr 3, 2024 3:58am
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yes yes yes
  • #819,908
  • Apr 3, 2024 4:02am Apr 3, 2024 4:02am
Quoting Whatevs
Let's see what they have in store for us with EU CPI.
2.4% Y/Y
Core below 3%.

With this data ECB is cutting rates either next week or in June. I still think it'll be in June, so they all cut rates in the same month.
  • #819,909
  • Apr 3, 2024 4:06am Apr 3, 2024 4:06am
Base case scenario now is another slight drop in USD and then hot NFP and CPI. H&S pattern is developing on H4 EUR/USD at the moment, but I don't think it'll fully complete.
  • #819,910
  • Apr 3, 2024 4:09am Apr 3, 2024 4:09am
USD/JPY @ 151.8. Once again near 152 mark...
  • #819,911
  • Apr 3, 2024 4:10am Apr 3, 2024 4:10am
Die !!!!!!!!
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yes yes yes
  • #819,912
  • Apr 3, 2024 4:16am Apr 3, 2024 4:16am
Quoting Bones
{quote} You can't break the inverse relationship, only there's a lag. What you see is the market front run of the expected drop in rates. Also, there's a raft of debt that remains super low until refinanced. In the UK there's a 2 to 5Y rollover in the US it's a much worse Government-intervened market. If you held those rates the overleveraged would fall. The stock market is in a horrendous bubble and that's NOT the FED's job. You're disputing basic maths & logic.
If overleveraged don't fall, markets are not going down. That's what you should see.
FED don't let the overleveraged fail by pre-mature rate cut promises, fueling this bubble.
You have to have an IQ higher than 90 to interact with this user.
  • #819,913
  • Apr 3, 2024 4:22am Apr 3, 2024 4:22am
1 H eur and gu red,it goes down,i think we see last drop, where it go, i dont know.1.25 is maximum.
  • #819,914
  • Apr 3, 2024 4:23am Apr 3, 2024 4:23am
Quoting Whale
I set a sell limit for gold 2290.. what a shame. it dropped before.. i think we saw the top for the next weeks ahead. just my view
Posiblemente. It'll come back after dropping below 2044
POSTMASTER
  • #819,915
  • Apr 3, 2024 4:26am Apr 3, 2024 4:26am
Price really needs to decide which way it wants to get out of the 1.258 zone.
Either a clear rejection or break + hold.
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in wondering about yourself, you forgot what you came here to be part of
  • #819,916
  • Apr 3, 2024 4:31am Apr 3, 2024 4:31am
Quoting Bones
{quote} You can't break the inverse relationship, only there's a lag. What you see is the market front run of the expected drop in rates. Also, there's a raft of debt that remains super low until refinanced. In the UK there's a 2 to 5Y rollover in the US it's a much worse Government-intervened market. If you held those rates the overleveraged would fall. The stock market is in a horrendous bubble and that's NOT the FED's job. You're disputing basic maths & logic.
you can breach their integrity if you have both a resource recession AND a labor charged financial depression. this is a break as money, many resources and transportation are all devastated within small time window. (this is what could be coming). and the dominoes shift from there out in the real world. right down 2 costs of living. bread milk power etc. persons are pretty s#upid 2 stick head in sand.

further info 2 increase general knowledge....

https://flint-global.com/blog/what-d...-trade-policy/

https://e-forex.net/a-look-ahead-at-...-e-fx-in-2024/

if u look deeper u see theres obvious !!changes!! coming in de next 10yrs that show its all not !!evolving!! but heading toward somethin. fake persons real persons all affected.

see! general knowledge is useful.

have fun all
protein for breakfast !
  • #819,917
  • Apr 3, 2024 4:33am Apr 3, 2024 4:33am
simple egs - 1929 & 30. 1985-90
protein for breakfast !
  • #819,918
  • Apr 3, 2024 4:34am Apr 3, 2024 4:34am
Quoting Whatevs
{quote} If we're right about the USD, then Gold should drop some. Not much left until June however... it shouldn't be any significant pullback just like these prior ones weren't too. Silver is on the way to 28.5$ it seems. Sucks you missed it by 2$... Will see, but I don't think I'll be trading anything today. GBP/USD could hit the resistance at 1.262 today. We'll see... Fed's Bostic will comment on ADP probably today after the numbers get out.
Your 2 supports 1.24xx or 1.22xx are much safer than chasing the actual price. It could still hit around 1.2700 as i have read. Anything going on rollercoast.
POSTMASTER
  • #819,919
  • Apr 3, 2024 4:35am Apr 3, 2024 4:35am
!!cable!! will be greatly affected as its deeply tied in wit CNY and China itself. happy trading errrr charts
protein for breakfast !
  • #819,920
  • Apr 3, 2024 4:40am Apr 3, 2024 4:40am
https://www.bis.org/publ/othp38.pdf

let the sales push commence.

why you a trader should care?

easy answer - primary and/vs secondary benefits. you cant have open society while !!open!! means somethin different to all categories of persons.
protein for breakfast !
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