Pashabxl

Pashabxl

ECB PResident cannot create inflation inside the EUROZONE market. and Eurozone memberstates cannot create growth yet. Therefore, if you cannot create inflation, you can import it. And that is what Draghi is trying to do. will he succeed? Yet I doubt but you never know. Super Mario? That is a bit of a too much. He is just a monetarist..

Pashabxl

Gold is keeping its downward movement easily toward 1180 as foreseen. The precious metal is bellow MA15, MA50, and didn't break yet the two trend line, blue is the long term one, and yellow is the medium term line. The key level is 1180. The precious metal may very much go bellow that level for macro economic or political reason. The main macro economic reason...

Pashabxl

Volatility is increasing and it is good for swing traders. It is also good to see that the market is coming back to a normal stance, where Central banks are less intervening, or that there intervention is not effective anymore, because at the end of the day, for those who believe like me in liberal economy, you should really do let buyers and sellers fixing the...

Pashabxl

For those who are carefully reading my XAUUSD studies, I have underlined many times that GOLD has at least 1180 as a target if not bellow before one could enter long . In addition to that, for those who are waiting to enter long GOLD, you need to wait for FED's to increase its interest rate. On the macro economic terms, there is yet no reason to enter long GOLD...

Pashabxl

There is a little something that is going on concerning DAX. On the one hand by end 2013, US investors had 32% of shares listed in DAX's index. Apparently by now that level is at around 30-31%. The biggest investor is being Blackrock Fund Advisors with almost 20 billions USD invested. Therefore all the question is how US investor will behave with the tappering?...

Pashabxl

The next three days are very important for DOWI. In deed we are on the eve of the TENKAN-KIJUN twist far outside the Kumo cloud, which may very much mean that if the reversal is confirmed, this will be preety strong. On the Kumo Cloud side of the story, although the next 23 periods appears to be on the upside of the story, if the Candle are crossing the cloud, it...

Pashabxl

Question? What wil lfuel the market? As far as CAC40 is concerned, ECB's cheap money with low interest rate is still on the table with an all time low interest rate. LTRO's program has been reinforced with T-LTRO but despite this, there isn't yet the proper signal or believe from the market that things are good. Therefore, unless there is a strong impetus given...

Pashabxl

AS you may see, SPX is trading inside a channel. But since July 2014, the index is not in a position to hit the upside of the channel and even worse, there isn't the power that use to make SPX although the index has hit the highest high. The question is what will fuel the market? European QE will not be enough. ALthough there is no more FED's QE that will come...

Pashabxl

For those who are following on a regular basis my analysis know that concerning Gold, I have always been very keen on the mechanic of the economic model and the general trends. Concering Gold since 2008, we were in a Bubble model, and the present shape is confirming that. With negative interest rate+ a very low growth rate and almost no inflation, if not...

Pashabxl

There is no surprise in the trend of GOLD. For those who follow closely my analysis, there isn't yet an environment where GOLD may have a perspective of growth. Since FED and ECB as well as BoJ have lowered there interest rate, there is not yet a room to see a growing GOLD. From time to time, when the market is exaggerating the move, there may be an upside...

Pashabxl

FRance is in a difficult polical and economic situation. Reforms needs to be done butthere isn't the necessary political will. On the other hand, despite ECB's ABS that I do have mentioned many times, market would first correct and the initial signs are very much here. Tenkan-Kijun Twist. This needs to be confirmed by 3 candles crossing the KUMO CLoud. The Kumo...

Pashabxl

On a very global picture, we can clearly see the trend of GOLD. There is yet no reason for a change of trend or a bull. We can keep in mind many details that are shown in the Chart. 1-2014 to date PP is 1356. But we are very far from this level. 2- 2014 Support level is 1020 which in a sens could mean that the bottom of XAUUSD is 1020. 3-We are currently at...

Pashabxl

Well EUR is in a bad shape, more then forseen. And this bad shape is becoming at a time where FED did not yet increase its interest rate. Having said that, there is still a little room for an upside which would be a correction before EUR goes deep down to 1.15

Pashabxl

I think that everything is said

Pashabxl

There is no change in the general trend of the precious metal. Within 23 weeks, Ichimoku shows that there might be a little reversal but at the present time, GOLD follow the blue down trend line. We are exactly at 0.764% of Fibo retracement. bellow 1252 and if 1240 break, the next stop might be very much either 1180 as a solid support level or 1046....

Pashabxl

On a purely chartist approach, VIX is about the make a double bottom, which is that case would make 17.35 the neck line and after a pull back over 17.35 toward 20+ This has to be confirmed of course. On the other hand, with the tappering the end of FED's QE3, there may much more volatility in the market because traders will be on there own..... Let's wait and see

Pashabxl

QE3 is over. FED will not yet increase its interest rate. Will ECB's EQE profit to US market as FED's QE profit to European market? We don't know and we can hardly think that it will. What will fuel the market and particularlySPX? On a chartist view, SPX was evolving in a clear channel swinging between the top and the bottom. But on a long scale we can see that...

Pashabxl

At the the present time, we do have cheap money on the market but no more QE. Therefore market will have to fuel itself by its own. To do that, there must be a correction before ECB Launches its European QE which is not similar to FED's QE and no one know if US market will benefit from that. Therefore a correction is normal before market has the ability to fuel...