It's coming soon... ;o)
Basically hints towards exhaustion and the final market moves before a new opposite trend starts.
Since Jan, the Euro has been climbing 0.01 per month. This pattern will continue, next low will be 1.064 approx.
Possible bounce at 1.04, it may continue on the down bound train. Support line is within the boarders of 1.03!
The Pound is dropping towards its Feb support line 1.64600. It may bounce upside and attempt to break resistance 1.65600 or resume its journey to the south pole :o)
Raising Inflation and BoE stance on Interest Rates will change. Barclays have been clearing decks from the financial crisis and move towards a lean operational model focused on UK and US. As both central banks move towards controlling inflation, financial stocks may benefit from increased lending rates and quantitative tightening,
Heading toward resistance points $2.82 and further ahead $2.87
As copper heads back to it test its resistence levels 2.82 & 2.87... it worth buying in dips as it heads upside ;o)
Gold has a lagging relationship with the US Base Rate, normally the fun doesn't kick until a week after... but hey who's complaining. Gold is linked with inflation, hence when inflation upside, the value of metals also rises (especially gold & sliver)... I'm using a 15-min interval for this chart, as a longer trend pattern has yet to be established.......
AUD will dip initially until summer, and then make it's next up climb, as the vale of gold becomes more apparent in an uncertain world ;o)
EUR has caught a down bound train and it zooming to the south pole :o)
Will Oil prices jumping off the cliff top... looks like AUD will have upside against CAD :o)
Looks like AUD will break pass it's resistance point 1.02000 :o)