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This thread was started in response to the Analytic:
US Dollar Index 14-Year Chart
Daily chart of 14 years of cyclical developments in finance & politics
Ashraf
Ashraf
thank you for your insight into the Canadian Dollar. I also saw your latest interview interview in regards to gold prices. i believe you said close to $1000. maybe within the next 8 weeks?
thanks
Salam
Adwin
Ashraf
i was wondering, what is your outlook on the CADUSD.? Do you see the Canadian Dollar strengthening over the USD? After speaking with several investors, the mood seems to be a par against the USD.
what do you think
best regards
Salam,
Adwin
We're going back to a classic risk aversion trader whereby falling stocks help USD and GBP. I mentioned few weeks ago GBPUSD would test 1.54 then drop back towards $1.40. I think $1.4550 is a viable target for mid week and support stands temporary at $1.4375.
Sorry didnt reply to that email. No, the book cannot be foudn in Spain. Only in US, UK and Canada. But you can still order it from Amazon.com to wherever your are.
Ashraf
why the GBPUSD is falling ,,
is there any specific reason and what do u think the next heading will be
is there any chance to see the GBPUSD above 1.5300 again this week
and where is the major support level
thanks
My analysis was based on a daily wave count,weekly also gives a nice picture but i like daily for a few details. I believe it has finished correcting with 77 level as support and is in the early stages of the next 5 wave up. Of course with the weekly count the bigger picture is that its doing an A-B-C with B having retraced upto 61.8% of A which is a very key level and its either complete or doing its final touches.
Regards