I think all major pairs vs US$ will be 1.00. In the future.
http://www.businessspectator.com.au/article/2013/3/28/asx/markets-spectator-shifting-global-goalposts?utm_source=exact&utm_medium=email&utm_content=246645&utm_campaign=kgb&modapt=
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. Notes & Labelings are entirely the Blog author's.In the spirit of community sharing.
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Friday, March 29, 2013
Marc Faber : Bearish Gold.
Thursday, March 28, 2013
BI : How the US dollar staged ....a comeback and humiliated the doomsayers.
The 10yr $US cycle
Well, when you want to make a case, I guess you can see into anything you want to.
But I personally think, US$ is long from dead, actually it's alive and kicking well.
http://e.businessinsider.com/4dd9e25e52366d35632b818fx2kt.bou/UUCLfPgFjn2NgJHQBa2ad
But I personally think, US$ is long from dead, actually it's alive and kicking well.
http://e.businessinsider.com/4dd9e25e52366d35632b818fx2kt.bou/UUCLfPgFjn2NgJHQBa2ad
Wednesday, March 27, 2013
Afghanistan : Mission over so also the market !
The logic of no logic applies here.
To send the troops home is to say the mission is over.
The threat is over.
Whatever needs to be done is done.
This to me weirdly signifies a market top.
And the charts does says it too.
Look at Dow, look at Nikkei...Look at Footsie.
Combine that with US$ bullishness....and a toppish Dow
Gold is a side story...a sidekick that will be kicked out.
Mission over means threat is over means no danger means no risk
No risk means no use for Gold
Plus US$ strength will give confidence to the market
No need for gold
And US oil will pare the treasury debt down.
To send the troops home is to say the mission is over.
The threat is over.
Whatever needs to be done is done.
This to me weirdly signifies a market top.
And the charts does says it too.
Look at Dow, look at Nikkei...Look at Footsie.
Combine that with US$ bullishness....and a toppish Dow
Gold is a side story...a sidekick that will be kicked out.
Mission over means threat is over means no danger means no risk
No risk means no use for Gold
Plus US$ strength will give confidence to the market
No need for gold
And US oil will pare the treasury debt down.
US oil production is a game changer in US$ economics
A major top is in the making.
Scenery is changing.
From $US dollar bear to $US dollar Bull
US housing recovery -> foreign investment ?
This article is supporting US$ bullish case.
US imports less oil now comped to before
US now produce more oil than the middle east.
Now US becomes a variable in Oil production (supply)
While at the same time controls the US$
And currencies are relative to one another
If both are weak, the less weak is actually stronger than the weaker,
In this case US$ is stronger than Euro.
http://www.fool.com/investing/general/2013/03/22/americas-next-boom.aspx
Scenery is changing.
From $US dollar bear to $US dollar Bull
US housing recovery -> foreign investment ?
This article is supporting US$ bullish case.
US imports less oil now comped to before
US now produce more oil than the middle east.
Now US becomes a variable in Oil production (supply)
While at the same time controls the US$
And currencies are relative to one another
If both are weak, the less weak is actually stronger than the weaker,
In this case US$ is stronger than Euro.
http://www.fool.com/investing/general/2013/03/22/americas-next-boom.aspx
Saturday, March 23, 2013
FXB : British Pound ETF : Bullish play
1 week of Bullish high volume
With prices in consolidation.
What a built up ! I would think ...
Resistance of $150 has become support.
In an ascending triangle on rising volume.
Target $154.
April call strike $150 is $1.60
April call strike $151 is $1.05 (preferred)
Other commentary
DIA wave 5 up.
Dollar down, other currencies up paired to it.
Confidence : Hi
Probability : Hi
With prices in consolidation.
What a built up ! I would think ...
Resistance of $150 has become support.
In an ascending triangle on rising volume.
Target $154.
April call strike $150 is $1.60
April call strike $151 is $1.05 (preferred)
Other commentary
DIA wave 5 up.
Dollar down, other currencies up paired to it.
Confidence : Hi
Probability : Hi
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