Yeah, it looks to be holding strong - but I feel if it holds, I'll still have time to short it, if it breaks out to the upside - it's off to the races. I'm going to wait a bit and see what Asia brings.
Anybody have thoughts on shorting EUR/GBP? Looks like a TL resistance of 82.50-55 is holding up nicely, but if it breaks, it looks like 83.40's is the next stop. Any comments are appreciated...
Any suggestions of major resistance for AUDUSD to take it back down once this BIG bounce falls apart - even though that they may be weeks to months. Thanks - thinking 85.50 myself, but 87 doesn't seem far either. Thanks
Thanks for recent calls on AUD/USD - going to do my best to get back in and short it to 78 as you mentioned!!!
CHF - By the way - can I get your thoughts on GBP/CHF please. Would you say it's too risky to short given what looks to be SNB intervention? Or is it now a green light? Thanks, and keep those wheels smoking - much appreciated as always!
Gosh Ashraf - You're too good for your own calls! Blowing through all your targets! Thanks for everything - much appreciated. I may just go all in selling Euro - targeting parity! We'll see. Have a great weekend.
I'm long USD/JPY and wondering if you could give a solid support level for the pair. Not sure if I should add to my position at this point. Seems a winner in the long-run, but for now, risk-aversion seems to be crushing it. Any thoughts would be appreciated. Thanks.
Please excuse my ignorance on this whole China Revaluation. How will this affect the FX markets? And USD/JPY in particular. I take it that it would be more USD positive than JPY positive. Thanks.
Regarding USD/JPY - it sometimes seems a tricky pair, though I trade it anyway. If the FOMC upgrades it outlook, do you see this pair rising for obvious reasons, or falling because of risk aversion via equity declines? Though I suppose equity declines would be dependent on rate hike expectations, which could be the same as an upgraded outlook. Also, why don't you see it surpassing or reaching 95.00? Is that because you expect risk aversion to set in due to overstretched equities heading for a correction? Thanks a lot!
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(9 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(9 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(9 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 (9 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (9 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (9 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(9 months ago)
Gold, Bitcoin, USD Combo
I mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
View Hot-Chart..
Yeah, it looks to be holding strong - but I feel if it holds, I'll still have time to short it, if it breaks out to the upside - it's off to the races. I'm going to wait a bit and see what Asia brings.
Any suggestions of major resistance for AUDUSD to take it back down once this BIG bounce falls apart - even though that they may be weeks to months. Thanks - thinking 85.50 myself, but 87 doesn't seem far either. Thanks
Thanks for recent calls on AUD/USD - going to do my best to get back in and short it to 78 as you mentioned!!!
CHF - By the way - can I get your thoughts on GBP/CHF please. Would you say it's too risky to short given what looks to be SNB intervention? Or is it now a green light? Thanks, and keep those wheels smoking - much appreciated as always!
I'm long USD/JPY and wondering if you could give a solid support level for the pair. Not sure if I should add to my position at this point. Seems a winner in the long-run, but for now, risk-aversion seems to be crushing it. Any thoughts would be appreciated. Thanks.
Please excuse my ignorance on this whole China Revaluation. How will this affect the FX markets? And USD/JPY in particular. I take it that it would be more USD positive than JPY positive. Thanks.
Regarding USD/JPY - it sometimes seems a tricky pair, though I trade it anyway. If the FOMC upgrades it outlook, do you see this pair rising for obvious reasons, or falling because of risk aversion via equity declines? Though I suppose equity declines would be dependent on rate hike expectations, which could be the same as an upgraded outlook.
Also, why don't you see it surpassing or reaching 95.00? Is that because you expect risk aversion to set in due to overstretched equities heading for a correction? Thanks a lot!