What catalyst do we need today to set a clear direction for dollar strength/weakness? Many USD pairs appear trapped b/w support and resistance thus far today. Your thoughts??
I am inclined to agree with your assessment. The Kiwi Dollar short tempts me and yet I am not seeing a break below its comfort range/support (between 0.6390 and 0.6200) to pull the trigger. If breaks below, I am inclined to go short and hold till 0.5900.
I am curious to see what Ashraf thinks about your long USDJPY idea. I am curious also though, what is your target for your USDJPY long? Are you looking for a huge retracement or just the recent pivot high of 93.50?
Presently the U of Michigan's worse-than-expected consumer numbers appear to be weakening the dollar. Should we see this as an opportunity go long on the EURUSD and GBPUSD? Both show gains since 9AM EST.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 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(11 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(11 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 (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 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(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
Yes, it is surprisingly quiet. Calm before the storm indeed....
Does the USDJPY bearishness mean we can safely short other yen crosses like NZDJPY, GBPJPY and AUDJPY?
Thanks,
Mojo.
Curious here: between the NZDUSD and the AUDUSD, which one is a better short at these high levels?
Thank you,
Mojo.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10584718
What catalyst do we need today to set a clear direction for dollar strength/weakness? Many USD pairs appear trapped b/w support and resistance thus far today. Your thoughts??
Mojo.
Would you please share your thoughts on this USDJPY = 88 target?
Thanks,
Mojo.
I am inclined to agree with your assessment. The Kiwi Dollar short tempts me and yet I am not seeing a break below its comfort range/support (between 0.6390 and 0.6200) to pull the trigger. If breaks below, I am inclined to go short and hold till 0.5900.
Thanks and Best Regards,
Mojo.
Hello Raj,
I am curious to see what Ashraf thinks about your long USDJPY idea. I am curious also though, what is your target for your USDJPY long? Are you looking for a huge retracement or just the recent pivot high of 93.50?
Thanks,
Mojo.
Presently the U of Michigan's worse-than-expected consumer numbers appear to be weakening the dollar. Should we see this as an opportunity go long on the EURUSD and GBPUSD? Both show gains since 9AM EST.
Welcome your thoughts....
Regards,
Mojo.