Now that EurUsd has closed above 1.3400, it better rise to at least 1.3800. If it only touched 1.3570 and started falling way back to 1.2900, then this market was really unpredictable. Anyone deciding to go long now ?
The Eur/USD seems mixed and I see it vulnerable to unnessesary risks of EU restructuring etc....
On the other hand, the Russian economy is set to see massive growth and modernization through LED lighting, and modern infastructure,etc,,,,. With the exchange rate now rebounding to the downside rapidly, it is inevatible that this exchange rate could see levels below 20.000 in the long run. The Ruble is paying fair interest and will remain to do so. USD/TRY, USD/CNY, USD/PLN all good short opportunities for the long run. USD/RUB weekly chart one of my favourites. USD/HKD can be used as a hedge position by going long.
Whats your opinion on this ashraf? and the ever so deteriorating exchange rates of the GPD against other emerging economies?
On the daily chart, USDJPY is touching the lower trendline support (~ 88.30) in the downward channel from 8 Jan. Do you think it will bounce up from here ?
Actually, I had a Limit order at 1.2760 as advised by Ashraf before I went to bed. But the lowest Offer price was 1.2670 on CMC MarketMaker last Friday and it shot up. Missed by 7 pips !
Since you see gold going to 1020 and aussie is quite correlated to gold, do you see aussie heading down and to where ? Will you recommend shorting the AUD (vs USD or Yen ?) and what is the entry point ?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years 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(2 years 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(2 years 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 (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years 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(2 years ago)
Latest Article - Jan 29
Twenty Seven
سأرسل مذكرة توضيحية للمجموعة حول المخطط - Will discuss the latest technical parameters on the WhatsApp Bdcst...
Read Article..
S&P 55 WMA بعد كسر
سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst Group - -...
View Hot-Chart..
On the other hand, the Russian economy is set to see massive growth and modernization through LED lighting, and modern infastructure,etc,,,,. With the exchange rate now rebounding to the downside rapidly, it is inevatible that this exchange rate could see levels below 20.000 in the long run. The Ruble is paying fair interest and will remain to do so. USD/TRY, USD/CNY, USD/PLN all good short opportunities for the long run. USD/RUB weekly chart one of my favourites. USD/HKD can be used as a hedge position by going long.
Whats your opinion on this ashraf? and the ever so deteriorating exchange rates of the GPD against other emerging economies?
Is it better to short the Euro against the yen or against the US dollar ?
Thanks.
On the daily chart, USDJPY is touching the lower trendline support (~ 88.30) in the downward channel from 8 Jan. Do you think it will bounce up from here ?
Actually, I had a Limit order at 1.2760 as advised by Ashraf before I went to bed. But the lowest Offer price was 1.2670 on CMC MarketMaker last Friday and it shot up. Missed by 7 pips !
Any chance of RNZ raising rates soon like RBA ? May help AUDNZD to come down. PippedOff, u know ?
Since you see gold going to 1020 and aussie is quite correlated to gold, do you see aussie heading down and to where ? Will you recommend shorting the AUD (vs USD or Yen ?) and what is the entry point ?
Thanks.
Any comments ?
How far up do you think CAD/JPY will retrace before it starts its next big dive south ? My own guess is 87.35 - 87.42.
Thanks.
Pipped Off,
Why did you short Aussie at 0.9218 ? It may retrace to 0.9260 before falling.