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Posts by "gunjack"

1237 Posts Total by "gunjack":
1178 Posts by member
Gunjack
(London, United Kingdom)
59 Posts by Anonymous "gunjack":
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 23, 2009 10:25
Dan - Maybe I wasn't clear in my point but I am saying eur/usd is a proxy for Oil...So rising euro and lowed USD will boost Oil. I have been long Oil and euro for a few weeks now
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 21, 2009 20:25
eurusd remains a key proxy for Oil performance ( Ashraf had a chart on this relationship) and many TA are saying 1.6 is theoretically possible on this pair ( which my rough calculations tell me, we could hit $90 plus on crude). Technically speaking as long as oil holds 74.9 I remain bullish and we could be looking towards $83. Fundamentally until the perception of the Macro rally sours, Oil will continue to rally.

Ashraf could we kindly get your learned opinion on this matter?

Thanks
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 21, 2009 11:48
Hearing talk of an Asian CB buying in GBP/USD...could explain the moves this am!
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 21, 2009 11:29
Hey NZVIK good call on AUDJPY, I remember you stating a pullback then a move upto ~83 on this pair. What are your views on AUDUSD?
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 16, 2009 8:41
Reading peoples comments here on Oil I see v few took advantage of the breakout of the top of the trading range at 76.2 as I commented a few days back. I'm all for being contrarian, but occasionally the trend is your friend and there is a wall of money out there pushing asset prices up at the moment.
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 14, 2009 15:06
Aus consumer confidence disappointing?? Thought it was the best figure since mid 2007?? am i missing something here
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 13, 2009 13:43
Was thinking the same on oil...short as close as possible to 75.4...Though a break and close above 76.2 and it will be time to start riding the wave up
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 12, 2009 14:50
@Abood be careful mate Oil is rocketing today...I wouldn't start shorting oil until it breaks 72, then validates that with a break of 71. At the moment it seems to have re-entered the upward channel that seems to have started in Feb 09

Ashraf could I kindly get your opinion on the DOW and SPX...am itching to jump in short but am vary that earnings season could see another leg up on both indexes. M&A activity seems to be picking up aswell ( Kraft/cadbury etc). A friend at Rothschilds seems to have started working weekends again as dealflow has significantly picked up
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 9, 2009 15:04
You haven't missed much Asad...WTI has been moving sideways and the robots at the disposal of the FED have been pumping this market higher and higher...oh yeah and Obama won the Nobel peace prize for effort...hahahaha...farcical!!!
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 8, 2009 20:14
Ashraf with the RBA hiking their rates and the positive aussie jobs data, do u still see this 80./80.5 level on AUDJPY holding

Thanks