@rkkashmir, you bring up a very good point. The price action all the things you mentioned can be summed up precisely a bullish for the time being. Euro, Cable and Gold have all made higher lows and higher highs in the last 36 hours. While the long-term analysis is generally correct from Ashraf, I think the AUDNZD's fall will draw down many traders' margins and do some damage before heading south. I am surprised Ashraf's bearish on AUDNZD given it has made NEW highs and that nothing on the 4 hour chart is signaling a reversal.
USDCAD seems to be range trading here for the last 2-3 days. What's your outlook for this pair for later this week? You think we'll get up to 1.0850 this week? Plz share your thoughts, thanks!
Mr. Laidi, thank you for making so many of your forums so understandable for us in layman terms. It helps tremendously. On second chapter in the book now. Question for you also, the 1.6250 zone was a robust support zone for cable this past Friday. Do you really think that this support will break anytime soon? Sincerely, Mojo.
Curious as to how you gauge the situation of the USD pairs today. EURUSD, AUDUSD and GBPUSD are all up. Even the USDCHF is getting beaten with a stick.
Is this USD beating likely to continue remainder of this week and shall we short the dollar even more from present levels of the aforementioned crosses? Always interested to hear your point of view, would you please comment.
Dear Ashraf, I am trying to understand the slow and steady rise of the GBPCHF. What makes this pair so steadily bullish the last couple of weeks? Thanks, Mojo.
I am curious also about yout JPY outlook for Friday.
Would you please comment whether you have you changed your outlook for GBPJPY = 152 on Friday? GBPJPY is at nearly 157 today and I am wondering if your outlook earlier to short and target 152/151.50 is still something you feel strongly about?
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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USDCAD seems to be range trading here for the last 2-3 days. What's your outlook for this pair for later this week? You think we'll get up to 1.0850 this week? Plz share your thoughts, thanks!
Mojo.
Sincerely,
Mojo.
Great analysis lately!
Curious as to how you gauge the situation of the USD pairs today. EURUSD, AUDUSD and GBPUSD are all up. Even the USDCHF is getting beaten with a stick.
Is this USD beating likely to continue remainder of this week and shall we short the dollar even more from present levels of the aforementioned crosses? Always interested to hear your point of view, would you please comment.
Regards,
Mojo.
I am trying to understand the slow and steady rise of the GBPCHF. What makes this pair so steadily bullish the last couple of weeks?
Thanks,
Mojo.
Thank you for the analysis and tweets. Curious here, What is your take on NZDUSD? Are you bullish or bearish on the Kiwi for this or next week?
Sincerely,
Mojo.
I am curious also about yout JPY outlook for Friday.
Would you please comment whether you have you changed your outlook for GBPJPY = 152 on Friday? GBPJPY is at nearly 157 today and I am wondering if your outlook earlier to short and target 152/151.50 is still something you feel strongly about?
Thanks,
Mojo.
Agreed. This is a mysterious rally, made all the more interesting by the options expiration this Friday 7/17/09. Wonder how high she'll go?!?
Regards,
Mojo.