Ashraf Laidi on CNBC Squawk Box - October 12, 2012
Oct 12, 2012 19:29
Ashraf Laidi's 10-minute discussion on CNBC Squawk Box reiterates his case for $1.35 EURUSD target by November, based on techno-cycles, volatility trends and fundamental dynamics. Ashraf also touches upon the latest dynamics in peripheral bond yields against the moves in the single currency and the IMF's readiness to relax debt deadlines.
Dax 200 MA Extension
If the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...