I am also puzzled by the Cable performance recently, mainly against the USD. I cant see either technical or fundamental reason for the GBP/USD at these level
Simoa from Morocco Watch out for the Euro/GBP cross if it breaks 0.8855 then there will be a big break out in the GBP/USD we could see 1.6470 My advice to put stop loss above 1.6350 which represent 50 % fib from the 17th of November height.
New Year is time for celebration of Love, of life, of friendship. it is time to thank God for wonderful friends, and to bring to their lives as much magic as they bring to ous. so here's celebrating our frinship and praying of wonderful 2010.
Hi I am holding big AUD/USD position for the last five months, I am getting nervous now. I personally I think there is big support at 88-89 level where this pair will find lots of buyers. Dima
Hello Ashraf Had your end of year forecast for the Euro/USD, GBP/USD changed since last week event I.e the fed r decision rate, India purchase of Gold and the IMF statement on the dollar
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Dima
I cant see either technical or fundamental reason for the GBP/USD at these level
Watch out for the Euro/GBP cross if it breaks 0.8855 then there will be a big break out in the GBP/USD we could see 1.6470
My advice to put stop loss above 1.6350 which represent 50 % fib from the 17th of November height.
Dima
it is time to thank God for wonderful friends, and to bring to their lives as much magic as they bring to ous.
so here's celebrating our frinship and praying of wonderful 2010.
Happy New Year
what is your opinion about the Candian dollar. any target for the USD/CAD pair?
thank you very much
Dima
I am holding big AUD/USD position for the last five months, I am getting nervous now. I personally I think there is big support at 88-89 level where this pair will find lots of buyers.
Dima
Had your end of year forecast for the Euro/USD, GBP/USD changed since last week event I.e the fed r decision rate, India purchase of Gold and the IMF statement on the dollar
Dima
With farther dollar deterioration, and central bank diversification .
Then the sky is limit for gold.