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Posts by "forextrader"
130 Posts Total by "forextrader":
5
Posts by Anonymous "forextrader":
I am Bearish Cable/usd and Canadian/usd. i see 1.58 and 1.14 at the end of August
Dima
If USD/JAP closes Monday above 97, then usd/jap has broken the declining trend line from 6th of Aprial, also it will cross above 200/100/50 day moving average. Very bullish.
Dima
USD collapsed long time Ago (April-May 2009).. now it almost fallen by 40% against the AUD and 25% against GBP in the five months alone .
good luck in your positions))
from Bloomberg
--Steven Englander, chief U.S. currency strategist at Barclays Plc in New York. The Canadian dollars running ahead of fundamentals. We had some pretty nasty number out of Canada recently.
The Canadian currency will decline to C$1.13 in a month, according to Barclays--
It is opposite way round a bad GDP is good for USD, and good GDP is good for risky currencies..
GBP, AUD are rallying since yesterday on expectation of good GDP.
I personally still positioned my self to long YEN and USD , because I think the rally GBP.AUD,CAD are all running out of steam and they all due for big correction.
Dima
Nationwide Building Society in U.K. stated that the house prices increased for a third month. Should we assume that the trend is pointing to the up side? Any opinion about the UK housing prises ?
Dima
Book profit of 25 pip ?? I think it is much better Hold it will go to 1.6250 .
I am not sure why the Cable did not fail as much as we expect, maybe because of the noise coming out of the UK regarding the bottoming out of there housing market. I am not sure why
I still think 1.58 is good medium term target for the GBP/USD
Dima
Japan PM calls election Yen went down on political uncertainty , Stick to the USD for the time being http://www.reuters.com/article/worldNews/idUSTRE56K02820090722
Dima
Trader use to buy the Canadian dollar because it is link to the oil price.
But following this morning comment from The CEO of BP which he mentioned that he cant see a big demand for oil and growth any time soon and his expectation of oil prise to be around 60 dollar for the next 3 years. ((CAD negative))
I see the USD/CAD around 1.15 in the next 5 weeks.
Dima
Dima