Could you please elaborate on your intent with this Hot Chart?
I am also confused about it's message.
Personally, I took the references to the GBPAUD 2.097 and 2.11 targets PLUS the "red square" on the chart highlighting the zone between 2.2492 and 2.5000 as a clear indication of upside potential during the next 2 - 3 months or so. Not to mentioin the Stochastic crossovers in the "oversold" zone . . .
But now that I am seeing your reply to Sam on April 2 (haven't read these posts before now) refering to SHORTING GBPAUD (huh?) I am COMPLETELY confused by this call.
Hello Ashraf - Thank you for the invaluable insight, and I look forward to studying the numerous thoughts and ideas that you present within your website.
The latest information regarding EURUSD proved to be quite timely indeed!
For the medium to longer term, however, putting too much stock in EUR worries me immensely - and as such, I am particularly interested in your take on NOK, especially as I am based in Scandinavia.
If I was interested in switching my USD based assets to NOK, would NOW be a good time - or should one wait until a little later in the year?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Could you please elaborate on your intent with this Hot Chart?
I am also confused about it's message.
Personally, I took the references to the GBPAUD 2.097 and 2.11 targets PLUS the "red square" on the chart highlighting the zone between 2.2492 and 2.5000 as a clear indication of upside potential during the next 2 - 3 months or so. Not to mentioin the Stochastic crossovers in the "oversold" zone . . .
But now that I am seeing your reply to Sam on April 2 (haven't read these posts before now) refering to SHORTING GBPAUD (huh?) I am COMPLETELY confused by this call.
Please elaborate.
Thank You.
I don't quite recall seeing that before . . .
Your crystal ball is intergallactic Ashraf ! ! !
/Drexl
The latest information regarding EURUSD proved to be quite timely indeed!
For the medium to longer term, however, putting too much stock in EUR worries me immensely - and as such, I am particularly interested in your take on NOK, especially as I am based in Scandinavia.
If I was interested in switching my USD based assets to NOK, would NOW be a good time - or should one wait until a little later in the year?
Any reply would be much appreciated.
Best Regards, and Keep Up the Good Work.