Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Westpac out calling for .8950 aussie.
Yesterday they were calling for .8500.
I love these guys. They are weathermen telling us which way the wind is blowing NOW, not ahead of time like Ashraf.
If things were as good as the Aussie's want you to believe, usd/jpy would be screaming higher. Yet it trades at session lows.
After the explosive unemployment report, whre do you see AUDUSD goin? Technically, hrly AUDUSD seems to breakout of down channel, next resistance at 0.8900?
Thanks!
GBP looks cleaner and easier to trade at this stage
"Weve had to face up to the fact that what is now a Greek problem could turn into a European one, the official said.
Were thinking about what we should do if the crisis spills from Greece into other euro countries. So its more about finding firewalls, containing the problem, than principally about helping the Greeks. He added there were no concrete plans as yet. " [A German government official, Germany being the dominant country in the Eurozone].
So it rather looks to me as though the market has overreacted a little, although as Ashraf says somewhere else, they will have to come up with something concrete at some point. Whether it will be enough to stop the Euro falling further again ....
Ashraf