Weekly chart, the Special Drawing Right (XDR) is about to complete chart patterns V and Triangle
The targets will be 1.443 then 1.556, after crossing resistance 2 line.
Technical indicators MACD and RSI are positive. RSI is in over-bought area, which signals a near resistance.
fundamental issue. Bonds that don't pay any interest don't make any sense conceptually. Why would anyone work hard then undertake the risk of loaning out their savings for free? They wouldnt. So our current financial model no longer makes conceptual sense. Thats a rather big issue I think.
root cause =QE pushes down interest rates. QE is now necessary to...