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Posts by "mandiwie"

54 Posts Total by "mandiwie":
50 Posts by member
mandiwie
(kartitsch, Austria)
4 Posts by Anonymous "mandiwie":
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
May 7, 2010 18:42
Ashraf

on March 27th i made this entry,

high RSI of nearly 70 on daily chart and the Bullish Percent Index (BPI) of over 90 % show similarity to the situation around january 14th (ca 86 %) ahead of the big sell off

a bullish sentiment has been purposely created by the institutionals to get the possibilty to get rid of their long positions

There were hints for this turmoil
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
May 4, 2010 14:38
In Thread: EUR
http://www.forexcrunch.com/rumor-spain-will-ask-for-280-billion-of-aid/
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 28, 2010 14:34
ahead of important fundamental data this evening, which direction is favoured for the kiwi ?
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 23, 2010 20:52
In Thread: GBP
Ashraf

Stefan Rie from CMC MARKETS Germany argues that the UK-position is much worser than Greece:

Greece represents only 3 % of EMU-GDP but cannot print any longer money after getting member of the EMU and has to go therefore bancrupt.

UK has a debt ratio of 12 percent und the national debt is high similar to Greece, but UK no refinancing problems BOE is financing the whole deficit of 185 Billion Pound buying 200 billion of government bonds

The actual vigor of the pound is a joke for him and parity Euro/POund within 18 months possible

A hung parliament is also on the way

in my mind pound goes straight south in the next few weeks
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 18, 2010 20:42
In Thread: EUR
THERE are rumours of higher greece debts (ntv.de)
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 16, 2010 21:24
In Thread: JPY
it seems to me, there are contradictory calls from Ashraf today

due to the GS case yen should extend strength next week
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 15, 2010 11:32
In Thread: EUR
Portugal-CDS spreads at 200 BP (up 23 points) and Spain-CDS spreads at 155 BP
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 4, 2010 17:55
In Thread: USD
Does not a discount rate hike will also cause a rise in the price of US credit default swaps and a rise in the yields for debts, especially treasury bonds ? and could therefore be harmful for the USD ?

Confidence in the sustainibilty of job growth (with 50k census jobs) is not proven

considering the facts
loss of over 8 million jobs over the two last years
an joblessrate U6 at 17.5%
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 4, 2010 11:32
In Thread: JPY
Ashraf

Sorry, I dont understand your last entry

Do you mean further weakness or strengthness of yen ? if you see 94,70 in cad/Jpy this means upcoming yen weakness

In my mind at least GBP/yen and eur/yen could be dragged down by weak and weakenng GBP
tightening of liquidity due to to possible discount rate-hike could easily drag down SP 500 (strong overbought) in favour of a stronger yen.

strong resistance areas on 1h charts around 127,60 eur/yen and 143,80 GBP/yen are not yet broken
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Apr 2, 2010 19:20
In Thread: JPY
Ashraf
will the yen-cross weaken further even thought they meet heavy resistance lines; what is the impact of the NFP figures in your mind ?