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Posts by "hwm"

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HWM
(Geneva, Switzerland)
   
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HWM
Geneva, Switzerland
Posts: 2
13 years ago
May 23, 2011 12:12
In Thread: Is it the Beginning of a Major EURUSD Decline?
VOTE:Yes, 1.30-1.34

Due to current weekly/daily charts and the intermarket relationships Gold/Brent, Equity/Gold, Interest Rate Fwd/Earnings Growth Fwd for example the current EURUSD trend signals further downside. Fundamentals are now supporting that situation so it is possible that with 200 WMA (@1.4001) broken that we test older res/sup points and reach the area around the 55 WMA (now @ 1.3412)

Using Fibs:
1st Target 1.3783
2nd Target 1.3338
3nd Target 1.2860 (lower 2011)

BR

HWM

www.hawkeyewealth.ch
HWM
Geneva, Switzerland
Posts: 2
13 years ago
Jan 11, 2011 13:22
In Thread: JPY
Everyone is thinking abt USDJPY as a potential play for 2011. I totally agree with the trade rationale but in my point of view long SGDJPY is a better risk reward trade as SP economic fundamentals are stronger than the US economics and will continue so, MAS is willing to let SGD to continue to appreciate agst USD, new interest rates cycle may start earlier than in the US and the carry is very similar. Hope to hear your opinions.
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