Hot-Charts
EURUSD & US 10-yr Yields
by
Feb 4, 2009 12:32
| 4 Comments
Thw rally in long US yields could trigger further EUR pullbacks... as the 2 1/2 month highs in US yields may be extended on expectations of temporary stability in US data, which could drive EURUSD back down towards interim support of $1.2780s, but key foundation at 1.2660 seen still holding. 100-day MA in 10 yr yields has yet to be attained, especially that no breach has been seen since September. 3.10% seen holidng for now.
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Nov 11, 2024 13:38 | by Ashraf LaidiThere are two important messages from this chart. I will share them with the WhatsApp Broadcast Group shortly..
I started doing seminars in London and will be going to Singapore next month. This month will do NY.
Japanese cannot go into game of intervention ight now becasue the fundamentals are geared against them (lower global rates, negative global risk appetite) etcc..
And thanks for getting the book !
Ashraf
dont agree here.
10 year yield is increasing since more US debt is coming online along with 900 b stimulus. Bad bank idea is still in the picture. all this is showing up in the 10 year yield and if it stays like this, within this month fed will start buying the 30 year bonds and try to decrease the mortgage rates.
all this is negative for the dollar within 3-6 weeks. EURUSD will rally towards 1.45.
the US is tinkering with fiscal policy, monetary policy, pseudo nationalization and printing money is the best bet for the US Fed.
there is a lot of bickering in the eu about the strength of the euro hurting spain, italy, ireland, greece - but infact euro is giving them serious stability. imagine what would have happened to the italien lira if it had been around. iceland, hungary, rumania etc are looking at a faster entry into the euro to acheive this stability.
inshort, the stability of the eurozone is a long term positive for the euro.
I am a quite surprised at the reluctance of the Japenese to intervene in the Fx markets to devalue the Yen. Its clear that this is the only way to compete globally. How else can the Japanease trigger growth? Any thoughts on this??
Btw... I ordered your book and will come back with more questions :-)
I am in Munich - any CMC seminar planned in the frankfurt area?
br,
jamshed
http://www.amazon.com/Complete-Guide-Technical-Trading-Tactics/dp/047158455X/ref=sr_1_7?ie=UTF8&s=books&qid=1233754832&sr=1-7
Best
Ashraf
I just received you book and I am going to read it.
I have a question:
What books do you sugest besaide your book?
I already studied Jonh Morphy technical analysis.
I need to know how to trade like you, using the indicators and charts that you use.
Please advice
Thanks
Keivan