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Chancy commented Jun 10, 2022Optimism regards the UK economy is misplaced . If inflation was measured on gas , electric , petrol and diesel its more than 30% .
Bank of England/Ipsos Inflation Attitudes Survey - May 2022
- Chancy commented Jun 3, 2022
Strong dollar good for imports not so good for exports .
US Pres Biden: American Manufacturing Is 'Booming'
- Chancy commented May 18, 2022
If inflation in the UK was measured just on retail energy prices alone it would be at least 30% . Further increases are expected in October .
Consumer price inflation, UK: April 2022
- Chancy replied May 12, 2022
USDX all time high September 1985 - 163.83 ( source U.S. Dollar Index Wikipedia )
Cable Update (GBPUSD)
- Chancy commented May 5, 2022
In agreement , some of the statements have little favourable outlook . Inflation is hitting the fan alright in the UK for the time being . Especially with gas , petrol and diesel .
Monetary Policy Report - May 2022
- Chancy commented May 4, 2022
The sky in Shanghai is a lot clearer these days .
Beijing closes 40 subway stations and 158 bus routes in an effort to stop the spread of...
- Chancy replied Apr 27, 2022
You are right Headland . 61.8 % of the move . I'll try and remember that next time ! lol .
Cable Update (GBPUSD)
- Chancy replied Apr 27, 2022
As per Motys Fibonacci observation , cable is rallying off 50% on the short time frame . As per monthly Fibonacci , cable is rallying off 38.2% from June 2021 High , March 2020 Low retracement .
Cable Update (GBPUSD)
- Chancy commented Apr 19, 2022
Minister Lavrov . Time between 1st and 2nd comment 66 days . 66 x 1.61803 = 106. 789, which is the number of days between 1st and 3rd comment . Fibonacci is one pattern for sure .
Lavrov: Russia will only use conventional weapons in Ukraine - Tass
- Chancy commented Apr 8, 2022
The article says coal ban in August 2022 , so that's in another 3 months and no mention of oil or gas .
EU adopts fifth round of sanctions against Russia over its military aggression against Ukraine
- Chancy replied Mar 29, 2022
Bounced off Daily S1 as per Motys H1 chart 5:26 am
Cable Update (GBPUSD)
- Chancy replied Mar 21, 2022
Sold 1.3198 SL 1.3220 Limit Buy 1.3176 risk /reward 1:1 or 50 /50
Cable Update (GBPUSD)
- Chancy replied Mar 16, 2022
You're more right than wrong Wave . The rate news had already been discounted . So the price went to 1.3043 and now its 1.3120 . Why , IMO its now discounting Pound interest rate which , if that goes ahead makes GBP a slightly favourable overnight ...
Cable Update (GBPUSD)
- Chancy commented Mar 12, 2022
Wonder where the rockets originated from ? Could have been from Russia , according to wikipedia the armaments industry in russia employs 2.7 million people .
At least five missile have hit area of US Military base in Iraq
- Chancy replied Mar 9, 2022
[quote=fontu;13926185], brent likely below 121, to 119/8/7 possible, Tend to agree , also possible head and shoulders image
Crude Oil
- Chancy replied Mar 5, 2022
Brent crude passing 14750 July 2008 high is becoming more imminent . Reasons : 2 ships in the Black sea have been attacked . US banning oil imports . Oil from Iran will take 2 months to be on tap . Whatever, as W.D.Gann said always use a stop loss ...
Crude Oil
- Chancy commented Mar 4, 2022
Russia has imposed ban on foreign media in Russia . BBC correspondents will no longer be broadcasting from Moscow . BBC shortwave radio service available .
NATO's Stoltenberg: The days to come in Ukraine are likely to be worse
- Chancy commented Feb 28, 2022
Well military wars are certainly a lot to do with money . IMO a war on climate change and saving wildlife would be preferable for the continuation of the human race .
Ukrainian Sailor Tried Sinking His Russian Boss’ $7 Million Yacht and ‘Regrets Nothing’
- Chancy commented Feb 25, 2022
The world could do well without wheat being left to rot in the fields .
EU's Michel told Ukraine's Zelenskiy bloc working on third batch of sanctions of Russia after...