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My Thoughts on Current Markets-31

5 Nov 2023 3 minute read 0 comments Perfectionist25 $0.60

In Dow Jones, the area we need to pay particular attention to with the Bollinger lower band is 34200 - 33800. If it continues to hold on to this range and manages to stay, we have the chance to see a rapid attack from 34800 to 35500. First of all, 34...

My Thoughts on Current Markets-30

3 Nov 2023 2 minute read 0 comments Perfectionist25 $0.07

Currently, Euro - Dollar parity is at 1.0728. I will continue to follow the 1.770 - 1.08 resistance in upward movements. My main target is level 1.12. Again, he made a good decision by converting his dollars into euros from 1.0520 to 1.0550. We have...

My Thoughts on Current Markets-29

2 Nov 2023 2 minute read 0 comments Perfectionist25 $0.46

Euro Dollar parity dropped to 1.0533 level. My personal expectation for Euro Dollar parity is 1.12 level and every drop is a buying opportunity. We saw increases in gold prices in October due to the Hamas war, that is, due to geopolitical risk tensio...

Federal Reserve Leaves Rates Unchanged

1 Nov 2023 2 minute read 0 comments SweptOverNiagara $0.33

Thanks for dropping by. Please subscribe if you haven't yet! This month's FOMC meeting at the FED concluded this afternoon, leaving rates untouched at 5.25 to 5.5%. According to an article on Kitco News, not much forward guidance was provided regardi...

My Thoughts on Current Markets-28

30 Oct 2023 2 minute read 1 comment Perfectionist25 $0.25

Euro - Dollar parity is above 1.06, our target is 1.07. I continue to expect upward movements in the euro - dollar parity. An ounce of gold rose to the 2005 dollar level. I had previously stated that whether it moves above the 2000 dollar level and r...

My Thoughts on Current Markets-27

29 Oct 2023 4 minute read 0 comments Perfectionist25 $0.28

Let's start with Dow Jones. On the Dow Jones side, we were saying that we could expect a retreat to the lower band of Bollinger, which we specifically mentioned in the previous weeks, and this is what we see. 32200's are very important levels for us....

Gold Above $2,000 For The Week

27 Oct 2023 2 minute read 0 comments SweptOverNiagara $0.64

Thanks for dropping by. Please subscribe if you haven't yet! Gold jumped more than $20 per ounce this afternoon after news related to Israel / Gaza filtered through. The yellow metal has been steadily climbing since the Hamas incursion into Israel. U...

My Thoughts on Current Markets-26

27 Oct 2023 2 minute read 1 comment Perfectionist25 $0.20

Euro - Dollar parity is at 1.0548 level. Since my expectation for the Euro-dollar parity is still upward, I think the declines are a buying opportunity. An ounce of gold is at the 1982 dollar level. An ounce of gold has persistently targeted $2000. I...

My Thoughts on Current Markets-25

25 Oct 2023 2 minute read 0 comments Perfectionist25 $0.22

Euro - Dollar parity is at 1.0591 level. We have seen a pullback here. My target was an increase up to 1.07 level. It decreased from 1,680 levels. We saw a one point drop to 1.0565. It is at 1.0590 level again. Again, I will continue to follow the 1....

My Thoughts on Current Markets-24

23 Oct 2023 2 minute read 0 comments Perfectionist25 $0.19

Euro Dollar parity has a positive outlook at 1 0585 level. I will follow the resistance at 1.650 - 1750. If I had dollars in my hand, I wouldn't be too late to buy euros today. Especially if the investor who is preparing for 2024 asks whether he shou...