What forex work demands

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  • #676 Collapse

    I am actually a commodity trader physical and I would like to follow USD move as it affects the prices of products
       
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    • #677 Collapse

      You'd want to follow the U.S. Dollar Index, correct. You can get a free, live feed of that at and go to their "products" tab and choose their "Finance Chart
         
      • #678 Collapse

        believe we are fast approaching the time when the USD/GOLD delink from stocks. USD Down, Stock Down. Gold Up. Very very interesting week coming up next
           
        • #679 Collapse

          The lows for the day are already in. The .618 retracement of monster move held pretty good. Through 1040 and we'll see come good action
             
          • #680 Collapse

            But as a disclaimer for wave rules, alot of times wave 4s retrace back to the prior 4th. So you can see we could test below
               
            • #681 Collapse

              the wave 1 and wave 1 of 3 are very suspect, they bunched together and from experience this usually means extensions
                 
              • #682 Collapse

                Here are three charts that show something a little different in that the new high is limited to when you price gold in USD
                   
                • #683 Collapse

                  That is represented by the red line in all three charts. The blue lines represent the price of gold in EUR, AUD and JPY
                     
                  • #684 Collapse

                    these other three have moved up to a new high recently. This does show how much the value of a currency market can

                    influence the price of a commodity
                       
                    • #685 Collapse

                      I will leave it to others to debate the significance of this as my only intention here is to show another window to observe a

                      market
                         
                      • #686 Collapse

                        Make no mistake about it though, all three charts show how far from the lows this commodity has risen no matter what
                        currency you use to buy it
                           
                        • #687 Collapse

                          Yes, a "pause" for the bulls it would seem is in order. At least until that stair pattern is broken. Of what magnitude
                             
                          • #688 Collapse

                            Looking forward to the oil chart. Lots of talk about where its going...people building cases for a break on one side or the
                            other
                               
                            • #689 Collapse

                              don't follow it closely, not sure if I have a feed for it (i'll have delayed for sure) but my guess is that oil will be much higher
                                 
                              • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                              • #690 Collapse

                                Hi Speculator, does that mean that S&P will rise as well going next week? I have a short and was hoping that it will fall hard
                                   

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