Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Dec 11, 2009 0:10
Comments: 198
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This thread was started in response to the Hot-Chart:

Euro's Third Down Leg

 
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mondo
portsmouth, UK
Posts: 22
15 years ago
Jan 5, 2010 15:36
ashraf what about the correlation between the dollar and oil? If oil keeps gaining surely this will cause further dollar weakness or do you see an end to this correlation.
basil
New Jersey, United States
Posts: 9
15 years ago
Jan 5, 2010 13:43
Good morning Ashraf,happy new year. exactly as you expected befor the 1.4480 was a good resistance for the EUR/USD. but do you agree that the chance to the downside toword the 1.42 level is greater than breaking the 1.45 level to the upside.

thanks very much ashraf for your doing with people in this fourm,good luck in 2010
Xaron
Munich, Germany
Posts: 528
15 years ago
Jan 5, 2010 12:59
rkkashmir, what makes me scratch my head that most of the traders out there seem to be USD bullish now. Could become a bad wake up. I still expect to see the Euro at 1.50 again in Q1 this year. But that's my view. The reason is that now both ECB and FED are expected to hike the same time. I think ECB will be ahead again which is clearly not priced in.
mondo
portsmouth, UK
Posts: 22
15 years ago
Jan 5, 2010 10:29
sorry i ment bullish dollar
Wasup
dublin, Ireland
Posts: 54
15 years ago
Jan 5, 2010 9:55
hi Ashraf,
Whats your thoughts on USD/JPY.Is there any chance of hitting 93 again?
Thanks
Xaron
Munich, Germany
Posts: 528
15 years ago
Jan 5, 2010 9:51
mondo, where did you get that Ashraf is bullish on the Euro? He said that the Euro is likely capped at 1.4480 and further down potential is there (first 1.42, later 1.38 might be in the cards).
mondo
portsmouth, UK
Posts: 22
15 years ago
Jan 5, 2010 9:46
ashraf are you still bullish on eur/usd
rkkashmir
Posted Anonymously
15 years ago
Jan 5, 2010 6:31
As posted last week, they use their "Boy Toy" EUR/GBP to move the jell-o around the table. After last night's explosion in Gold and AUD and NZD (which GBP and EUR) did not participate in, they used their Boy TOY EUR/GDP to run stops in EUR perfectly in to 1.475 resistance in late Asian session, setting up the perfect storm for EUR to break sharply lower.

Faded this EUR rally BIG TIME, while also taking advantage of their gratuity in USD/JPY at 91.68.

Again, who would want to be short $USD as we get nearer and nearer to Friday's NFP?
hmmalik
toronto, Canada
Posted Anonymously
15 years ago
Jan 5, 2010 3:49
Dear Ashraf

I short eur/usd @1.4390 .could i see 1.4280 yhis week.

regards

hmmalik
rkkashmir
Posted Anonymously
15 years ago
Jan 5, 2010 2:45
$USD rally imminent. Whose going to be short $USD heading into NFP on Friday?
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