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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
EUR at 1.4425, not 1.4200.
USD/JPY
pipped off, ive been calling for USD strength these past 5 weeks and USD has remained strong. Now you come and you criticize my USD calls after the jobs report. Not very genuine of you is it. Good luck to you. no one is forcing you to vote or trade.
Those who asked me about $GBPCHF in the forum, it is now testing 1.64. Weekly chart looks poor.
USDCHF HOTCHART parameters have respected the 1.0370-80 resistance, and now is heading back towards the 1.02 interim target.
Ashraf
I always wonder how you can be so accurate in predicting the moves in financial markets. You are the best out there. Thanks so much for your hard work.
January 8, 2010 11:16 ET: USD STABILIZING Although the 85K loss in US Dec payrolls was worse than expected, the figure followed not only a net positive creation of 4K jobs in November (revised from -11K) but also emerged after 5 consecutive monthly improvements in payrolls (Jul-Nov), which was not seen in any of the recoveries of 1991 or 2003. Current positioning in credit markets lends support for prolonged USD strength as US 10-year yields hold above their 3.75% support (since Nov 27). Both USDJPY and US10- yr yields hold at 3 week trend line support at 92.20 and 3.75% respectively. USDCAD holds at 1.030, looking to regain 1.038, while GBP extends loses across the board, driving down cable, eyeing $1.5940 TL support. THANKS FOR VOTING ME. If you voted for me in #finance, please consider other categories such as #education #news #nonprofit using the pulldown menu
STABILIZING? It's getting hammered, destroyed. Even the trashy EUR and GBP are pounding $USD. It's a rout. Not a good day to be grobbling for votes for a Shorty award. Couldn't have been more incorrect!
What happened to EUR at 1.42?
All I see happening is EUR rising and USD/JPY shrinking
FOLKS-WAKE UP!!!! iT'S OVER FOR THE $USD...you've all been duped
Something fishy going on here with the recommendations and advice given...
Just curious, do you ever put stops on yr trades, or trust yr instinct 100%? It seems i have been shakeout twice on USDJPY big moves due to stops within 50pips of support. What do you recommend I should do? Sorry if my question sounds novice, but forgive me, I am in a learning process.
Thanks :)
do for me what fed did for stocks. thks all for your sustained supporthttp://bit.ly/8mPT2I competition is gaining fast. PLEASE DO NOT REPEAT VOTE IN SAME CATEGORY. If you voted in #finance, please use another category such as #education, #nonprofit #news
Ashraf
Do you think this is a temporary correction in USD? good time to go long on USD/JPY or short on GBP/USD?
Thanks.