Hi guys, looking at UJ Im feeling it's very mixed. Everything depends on what people say about rate hikes. In any case, what swings it for me is that UST10 has broken upwards this week and it could find some strength here. Anyway, I may be biased here because of my long term view of short Gold. Comments/opinions are welcome. Note I am not long in this, I'm...
We find different trendlines and an important support at this point. If the stock market keeps rising we might have a lower price, also because commodities and bonds trend inversely (1) we could have a small change in the trend, because both oil and gold have fallen. 1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the...
Yellen continues to beat around the bush regarding a rate hike this month. Yields have been rallying leading up to Yellen's speech but the Fed continues to disappoint by not providing a concrete decision on whether they are raising or not. If we treat this as a fake break of the trend line but more so as a box and range then we could see 2.300 again before the...
DXY will be short if break 101.95 fibo level...
EU buy on any breakout of its channel and target 1.06 levels Good Luck!
Its good to buy on 1.2220 stoploss is 1.2190 and tp1 1.2335 tp2 1.2420. Good Luck!
After last week's auction which sparked US yields to rise it was obvious that a GDP miss in Japan would fuel US yields to higher intra-day highs. $US10Y and $USDJPY are closer correlated than $DXY and $USDPY because Japan is the largest holder of US Treasuries. Keeping all this in mind tomorrow Yellen will likely pivot back to hawk triggering gold to dip back to...
If 2.3 is breached (and neckline of h&s formation), then expect all those post election gaps to be filled all the way down to 1.85. Invalidate with daily close above RS top Should coincide with USD drop and gold rally
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Today in unusual inter-market relationships we have Copper/Gold vs the US10Y. I need to think about this more to grasp its claims upon reason, if indeed there are any!
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Come back to me end of next year.
The divergence is crazy. I believe we will close the gaps meaning the yield on the government bonds with come down and gold will rise.
Looking to bounce for the next few weeks to get above the trend line.
10-year Treasury Note yield (TNX) is going to climb towards 3% by Q4'17.