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 |
Do you see Equities recovering further from here and if so,
would Aud/Usd be a good long at current levels?
thanks,
karan
Ashraf
Your analysis on Eur/Usd and the "Dead Cross" was very enlightning, thankyou.
Do you see a similar scenario on Aus/Usd, the 50MA is curling over and getting quite close to the 100MA.
With Gold approaching support at 1072 USD and commodity sentiment down, I can see a possible trigger for the Ausie to unwind the carry trade built up since Mar 2009?
[URLhttp://img11.imageshack.us/i/audusd24jan.gif/][IMG]http://img11.imageshack.us/img11/6411/audusd24jan.th.gif[/IMG][/URL]
Said, audjpy cadjpy gbpusd usdccad were far clearer to me than USDCHF. as i said on twitter today, SNB did TALK DOWN SWISSIE ( tweeted it right after it happened.
Ashraf
@ASHRAF
SWISSIE AT 1.09 AS A CARRY TRADE SOUND PROBABLE KNOWING THAT WE RE HEADING TO BOTH YEN AND DOLLAR STRENGHNING;
@ASHRAF
AT THIS LEVEL U STILL DONT BUY USDCHF?
THXS
IT WILL ALL DEPEND HOW THE UNWINDING OF POSITION IN CARRY TRADE WILL GO.
SWISSIE MIGHT BE THE CARRY TRADE FOR A MOMENT