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by Ashraf Laidi
Posted: Oct 31, 2008 20:40
Comments: 114
View Analytic
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
 
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Ashraf Laidi
London, UK
Posts: 0
16 years ago
May 21, 2009 21:19
Raj, No i do not. The dollar had been rallying for the WRONG reasons (risk aversion) and now it is paying for it.

Ashraf
Raj
Toronto, Canada
Posted Anonymously
16 years ago
May 21, 2009 21:10
Ashraf, do you still STRONGLY see USDCAD going up and above 1.2000 with USD falling through the floor today.
Ashraf Laidi
London, UK
Posts: 0
16 years ago
May 18, 2009 10:10
adwin, yes, $1,050 could very well be w/in next 8 weeks

Ashraf
adwin
vancouver bc, Canada
Posted Anonymously
16 years ago
May 18, 2009 5:23
Salam 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 Laidi
London, UK
Posts: 0
16 years ago
May 17, 2009 23:17
adwin, take a look at my latest IMT on Friday where i expect USD to ain vs CAD (USDCAD not CADUSD) towards 1.20. Basically, as stocks fall, CAD falls along with it.

Ashraf
adwin
vancouver bc, Canada
Posted Anonymously
16 years ago
May 17, 2009 20:12
Salam 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
Ashraf Laidi
London, UK
Posts: 0
16 years ago
Jan 12, 2009 15:56
Hi Nour,

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
Nour
Amman, Jordan
Posted Anonymously
16 years ago
Jan 12, 2009 13:35
hello 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
Muira
Nairobi, Kenya
Posted Anonymously
16 years ago
Jan 2, 2009 17:17
Hi Ashraf
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
Ashraf Laidi
London, UK
Posts: 0
16 years ago
Dec 29, 2008 18:08
Muira & Joseph: thanks for your posts. MUIRA, are you talking about a weekly Elliot count? JOSEPH: Yes, $1.4650 is a solid resistance that once tested is likely to send euro back towards $1.3200s. PPP theory in forex takes time to develop (about 5-7) years. Just because ECB interest rates are not at zero% does not mean it is behind the curve. Let us not forget about the depth and speed of the break US economic growth and market/household wealth, which continues to prove a real surprise for Federal Reserve officials up to this day. In April 2007, Bernanke said US housing is primarily limited to subprime (defaults soared in May). In June 2007 he and his colleagues still deemed inflation as the real danger (they slashed rates in August). In July 2008, they had the market believe rates were going up in September 2008. Do you see the pattern?
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