Fellow posters how do you folks think eur/usd would react to todays advance gdp figs....I personally think a contraction of less that forecast (1.5%) would see a good short eurusd trade to 1.3930, while worse data 1.5% or more could see potential to 1.42...hope to hear other views?
Ashraf thanks seems like USDJPY is still holding below 95.8/96.2....good call on GBPJPY which is now looking more and more likely to hit 158.7 and even 160 ( as per your earlier tweet). Do you think the yen is getting oversold though, especially against ?
Hi Ashraf - Was hoping to get your views on USDCAD.... the mkt seems to have been consolidating between 1.08-1.09. I feel any break of the double bottom at 1.0784 ( poss caused by +ve advanced gdp today ) could see a break and further strengthing of CAD...hence better to short. On the flip side we could see canadian CB intervention to prevent further strengthning in CAD...therfore better to wait and then go long
Can I ask what in your considered opinion do you think to be the more likely scenario.
@Steven re-loaded my GBPJPY shorts at 155.17...seeing further potential for a further move down. I would be aware of the advance US GDP data out on fri though, as that will determine the direction of the eq indices/risk trade for the forseeable future
Ashraf thanks for the earlier reply...Was thinking of taking out a GBPJPY short today (157.13-25). Could you advise where you see the res level on this pair if it was too keep rising.
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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)
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thx
Gunjack
thx
Can I ask what in your considered opinion do you think to be the more likely scenario.
Thx
Gunjack
Thx
Gunjack
Gunjack
Thanks
Gunjack