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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
chloethebull
Canada
Posted Anonymously
14 years ago
Sep 22, 2010 12:22
hi ashraf, just wondering if 1.0220 is resistance now..u mentioned for us to watch cad data this morning..if data is bad which im thinkn it could be with retail sales but unsure of the leading indicators,say we get a mixed bag would 1.0220 be resistance now,but if data is bad all around could we see 1.0250 as resistance..ok thanks gl:)
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 21, 2010 15:04
My Video Analysis on Scandinavian currencies; NOK SEK Interest Rate Cycles, USDNOK USDSEK EURNOK NOKSEK weekly & monthly stochastics / MAs
http://bit.ly/9UW1VP


Ashraf
subway90
Korea Sout
Posted Anonymously
14 years ago
Sep 21, 2010 2:34
as long as 9360 level holds... Aud likely to extend gains to 9570/9600 area b4 correction down to 9250 area
subway90
Korea Sout
Posted Anonymously
14 years ago
Sep 21, 2010 2:29
here's the chart...
subway90
Korea Sout
Posted Anonymously
14 years ago
Sep 21, 2010 2:27
has formed triple top around 1.0650/70... on it's way back down do base for now... break below parity could see if fall to 0.9500 level in coming months...
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 20, 2010 23:20
But why would USDCAD rise all the way to 1.0650? We would have to see a combination of US-driven sources to a decline in risk appetite. ie a decline in equity markets whereby the reason is US-driven. And the sellof in equities would have to be substantial.

But as I said in my IMT, the way equities are rallying, they could have more upside to the stated levels. So id see more chances for 1.0220.

Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 20, 2010 20:17
That depends much on FED speak . The FED cannot claim the economy is going strong and can neither announce QE. Imo USDCAD long will do.
Seif
Cairo, Egypt
Posts: 53
14 years ago
Sep 20, 2010 19:54
UBS recommending buying USDCAD AT 1.0260 for a return to 1.0650
what do you think guyz?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 20, 2010 16:22
Short GBPCAD HOT CHART is already up.. already down 50 pips since the initial post went on twitter
http://bit.ly/95nkBC


Ashraf
Ashraf Laidi
UK
Posted Anonymously
14 years ago
Sep 20, 2010 13:14
Chloe, USDCAD is more likely to touch 1.02 before 1.0450

Seif, if you want to be bullish AUD better against USD than against JPY. AUDJPY WEEKLY stochastics
still have legs in them, eyeing 81.80s, 61.8% retracement from 8795 high. But we need to close the week above 81 in order to avoid a double top.

Ashraf