17 years in trading
After FEDs decision to end its QE3, BOJ last night shocked traders by increasing its already-massive Quantitative Easing program by another 30 trillion yen per year. USD/JPY fly today like a rocket and looks like there is no end!? I can’t remember such a daily gain on the USD/JPY of more then 300 pips. Who can stop this pair and where? 112.50
Read more🙂 Funny or not, we have a clear H&S at gold, H4 graph!
Read moreI was pointed at my gold analysis yesterday this 1200/05 support and the bulls are holding that level today, but if that brakes 1180 will be in danger 4th time. Could that level hold one more time or this will be the final attack it would be interesting to see. Most of the major banks are predicting gold bellow 1180
Read moreMost of the bank economists are expecting from FED to end its bond buying program today, or to end QE3. That’s what the market is expecting as well, but there is question about short term Interest Rates and for how long they will keep it near zero? They like to say that they will keep it near zero for a ‘considerable
Read moreTo taper or not to taper? FED’s decision is the main event today and what if they don’t taper all the expectetd 15B usd? This is how gold looks today and what are the technical support/resistance levels. For the third day in a row gold is supported at 1225/30 and what could happen today after FED’s decision. On my oppinion, 15B
Read moreAfter US durable goods Sept. weaker data -1,3% vs +0,5% exp. EUR/USD rise 50 pips, hit MA200 H4 and aproaching down trendline at 1.2775. If the pair manage to brake that line next stronger resistance is waiting at 1.2840/50. That level is 23.6 fibo retracement from EUR/USD May/September fall, allready reject the pair at October 15.
Read moreHere is how I see AUD/USD in a long term period, this is my monthly analysis. If the pair manage to hold above 0.8650 higher levels are possible, and monthly close bellow that support level is bearish, heding the pair toward 0.8000!
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