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- anandy1 replied Aug 1, 2023
Fitch downgrades US credit rating from AAA to AA+. This news is positive for gold. I expect retest of 1970 in coming days.
- anandy1 replied Apr 10, 2023
Will wait for GU long till DXY reaches its resistance.
- anandy1 replied Apr 4, 2023
All the best Moty....
- anandy1 replied Apr 4, 2023
I dont see any major hurdles till 1.26 levels.
- anandy1 replied Apr 3, 2023
Price entered the resistance zone. Needs to see if US data helps GU to break this resistance till then wait n watch.
- anandy1 replied Apr 3, 2023
Nice bounce from 1.227 to 1.23. Hourly still looks bullish and i will be resist taking short here. It can easily tap 1.235.
- anandy1 replied Mar 30, 2023
Are you from electronics background ?
- anandy1 replied Mar 30, 2023
Market should revisit 1.230 levels before moving higher. Plus we have double top at 1.236 so hard to break the levels.
- anandy1 replied Mar 22, 2023
Eventually price hits 1.23....
- anandy1 replied Mar 22, 2023
Sitting on wait-and-watch mode since yesterday. Not convinced to buy at these levels and not interested to short since its showing strength. since the fed meeting and GBP data are due today. No hurry, GBP won't runaway . Having said that it ...
- anandy1 replied Mar 20, 2023
GU looks very strong. 1.24 on cards ?
- anandy1 replied Mar 16, 2023
Exactly. GU data is pretty good. Plus banking failures will push fed to soften its stand. Plus swiss support and some positive banking sentiment pushed the market up. Lets do not forget that yesterday and today's USA data is pretty bad. Finally, ...
- anandy1 replied Mar 16, 2023
Perfect GU bounced from the levels and exited my longs. Now wait for next setup.
- anandy1 replied Mar 16, 2023
DXY should revert form this line. Expecting GU bounce.
- anandy1 replied Mar 15, 2023
@dantpm, A bank faces interest rate risk when the rates increase rapidly within a shorter period. So question is will FED let more banks to fail or stop interest rate hike ?
- anandy1 replied Mar 15, 2023
The main reason for this correction is: "Credit Suisse shares crash as Saudi investor rules out more funds". Looks like Credit suisse is in trouble and is pulling down all banking shares. But this is supposed to be good news for GU and EU since fed ...
- anandy1 replied Mar 15, 2023
Exactly even the indian market fell like crazy in last 30 min. I am trying to find if some event happened ?
- anandy1 replied Mar 15, 2023
GU is ranging. Better to avoid taking any position till it shows momentum in one direction.
- anandy1 replied Mar 14, 2023
Will the GU retest 1.226 levels today ? Fact that Fed has limited room to increase the interest rate will push Dollor down....Looks like Empire State Manufacturing Index expected numbers are also on lower side. So this is definitely bullish for GU..
- anandy1 replied Mar 10, 2023
Looks like DXY trying to make a small comeback. 200EMA line for DXY could be a good point to go long on GBP again.