Does anyone know of a free, real-time website to get economic data releases. FXstreet has been quite slow these days - at compared to the past. thanks!
Thanks so much Ashraf!!! --- that support of USD/CAD served me very well yesterday -- capped my gains right at the top around 1.0750. Have a great seminar!
Question about support for USD/CAD (and in general). Do we need to see a "close" under 1.0605 to call it broken? Or is there a certain number of pips or time-frame beyond the support level that states it has been broken? Any targets would also be appreciated.
And if you have time - your thoughts on Shanghai's close above 3060 would be great to hear as well. Thanks for all!
You took the words out of my mouth Ashraf (regarding comments on the site)- kind of like the questions I asked you about the AUD/USD and Shanghai market before you tweeted it a few days ago! Ha. If I could only get more inside your head :). Not necessary, you gratefully share it all, and thanks for that - In the meantime I'll stick with my G-rated comments.
Let's see if the stock markets go same way they did when Warren Buffet last announced (fall '08) he/Berkshire was buying stocks! Bloomberg just reported that he that he said he is buying again.
Do you have any thoughts on the AUD after the minutes of their meeting tonight?
Also, how do you feel about Shanghai closing above 3000? If I'm not mistaken, you said that would be something to watch for in one of your recent videos.
Interesting redstone - I wonder if that's because they're expecting fundamentals in Japan to deteriorate. Also, Japan's expected 0.9 GDP turned out to be 0.6 as you probably already know. I'm definitely sticking with the Yen. But I wouldn't be surprised if the USD rallies. I'm still wondering when Citi and BoA are going to have to deal with trillions of dollars worth of toxic "assets" and scare everybody senseless. I'm not sure about this market, especially the volumes -- we could go further, obviously, but I think the big question is "correction?" or "range-bound?" in equities. The former being USD and JPY bullish in my opinion.
If 76 on USD index holds - I think that's going to be a very bullish signal for the dollar
You can see today, that all Yen crosses overshot in the past weeks by a lot! The dow is only down about 20 points and the Yen is skyrocketing.
Also, we may just be dealing with key technical levels --- if I'm not mistaken we've seen a 50% retracement in the S&P and 38% in DOW.
BTW - Did that article give any good explanation? Is it because they think risk appetite is on the rise (hence sell Yen) --- and US fundamentals doing better (hence buy dollar)?
You are either a) psychic or b) everyone reads this site, and you're definitely c) a great analyst --- I'm saying this because just after you published the article, everything you said basically got exacerbated.
2 more things if you have time- 1) Would you agree that it's now looking likely we'll see the 148.00 in GBP/JPY?
2) A good stop for AUD/USD? Perhaps 0.8680? --- It is REALLY Struggling to break above 0.8660-70 as you know - I may even double down, but it's too soon to do that.
I'm still a USD bull if equities tank. And if they do, I think the Dollar will rise dramatically - a thought or tow on that would be great as well. Thanks as always.
Glad you brought up the Dollar weakness coinciding with Yen strength - I certainly noticed that as well. Looks like we need some more significant damage in equities to see if the dollar resumes strength associated with risk aversion. On that note, how do you feel about the AUD/USD? Are you still determining it because of the changes/interruptions in correlations of the dollar? Although AUD fundamentals have deteriorated as you've mentioned. I've been short, perhaps for too "long". I know you mentioned .8100 this month - has that changed. Thanks and enjoy the weekend Ashraf.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Question about support for USD/CAD (and in general). Do we need to see a "close" under 1.0605 to call it broken? Or is there a certain number of pips or time-frame beyond the support level that states it has been broken? Any targets would also be appreciated.
And if you have time - your thoughts on Shanghai's close above 3060 would be great to hear as well. Thanks for all!
Let's see if the stock markets go same way they did when Warren Buffet last announced (fall '08) he/Berkshire was buying stocks! Bloomberg just reported that he that he said he is buying again.
Do you have any thoughts on the AUD after the minutes of their meeting tonight?
Also, how do you feel about Shanghai closing above 3000? If I'm not mistaken, you said that would be something to watch for in one of your recent videos.
If 76 on USD index holds - I think that's going to be a very bullish signal for the dollar
You can see today, that all Yen crosses overshot in the past weeks by a lot! The dow is only down about 20 points and the Yen is skyrocketing.
Also, we may just be dealing with key technical levels --- if I'm not mistaken we've seen a 50% retracement in the S&P and 38% in DOW.
BTW - Did that article give any good explanation? Is it because they think risk appetite is on the rise (hence sell Yen) --- and US fundamentals doing better (hence buy dollar)?
You are either a) psychic or b) everyone reads this site, and you're definitely c) a great analyst --- I'm saying this because just after you published the article, everything you said basically got exacerbated.
2 more things if you have time-
1) Would you agree that it's now looking likely we'll see the 148.00 in GBP/JPY?
2) A good stop for AUD/USD? Perhaps 0.8680? --- It is REALLY Struggling to break above 0.8660-70 as you know - I may even double down, but it's too soon to do that.
I'm still a USD bull if equities tank. And if they do, I think the Dollar will rise dramatically - a thought or tow on that would be great as well. Thanks as always.
Glad you brought up the Dollar weakness coinciding with Yen strength - I certainly noticed that as well. Looks like we need some more significant damage in equities to see if the dollar resumes strength associated with risk aversion.
On that note, how do you feel about the AUD/USD? Are you still determining it because of the changes/interruptions in correlations of the dollar? Although AUD fundamentals have deteriorated as you've mentioned. I've been short, perhaps for too "long". I know you mentioned .8100 this month - has that changed. Thanks and enjoy the weekend Ashraf.