EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
China's Currency Trick خدعة عُملة اليوان
China's priority to make the yuan a lending currency instead of a reserve or invoicing currency. Here is what/why it means.
Latest Charts EURGBP & Gold مخططات
Here are the latest levels in EURGBP & GOLD discussed earlier with the WhatsApp Bdcst Group.
View Hot-Chart..
Where do you see he market to go now? I was abit suprised how much the SnP gained tonight. Is it a bull-trap?
Ashraf, you had some predictions of bounce in DOW before further fall, where do you see it next week?
Asad, buying gas? Now? So I guess you are not bearish in towards the market now?
I don't know much about gas prices, sorry...
There is some manipulation on the natural gas.......to be honesty, I don't have the positions now.....I closed it at 2.8........only 10 cents profits........ the nov contract and oct contract is 1 dollar gap......it is very tricky........I guess I will long it when there is a clear signal for me..........I think it will go to 6 next year......If i long at 3......still I can double the money.........right??
I am waiting now......I guess FX will give me more profits......I am a very new guy on commodities.....just studying about it....and doing some old fashion research about supply and demand.......
the supply will drop about 5%, but demand will up to 10%...........the big players are buying natural gas stocks......but they are shorting on future..........I am trying to figure it out.........
I want to wait to next week.....
Hurry...hurry. N. Gas 2.5. Buy? Tell me quick. I've freed up some equity. Do you reckon N. Gas at 2.5 is good...or do you think I should be greedy and wait for 2.3. Are you jumping in?
Be careful with your advice. It WILL be taken seriously!
Will it give some negative news to Yen....I don't know.....let watch......personally, I like Hatoyama to be the new prime minister......
It is too difficult to understand Japanese, they have too deep thoughts.......
I closed my position on USD/NOK today with some profits. I am feeling that the market will have some correction in near term, but I don't think it will be huge influence to FX market, specially to USD. USD will not rally so much on risk aversion.
About tomorrow's report, I think market will try to take some profits first before the report, then after the report I think market will go down a little bit more, if the number is neutral. If I am right on it, USD will rise a little bit more tomorrow......I will short USD on its rally.
Good luck!!
Ashraf
Can I please have your views on CAD/JPY? How do you see it? and where do you think is a good entry point for going long?
Regards
Risk aversion hits NOK more than GBP cause NOK is a much smaller currency. Simple as that.
GBP is still one of the Major currencies in the world, but NOK is an "exotic" currency, same as SEK and other small countries.
Don't think that Norway is not struggling in these times, our financial minister want to keep the NOK low for some time, this to protect export business from a strong NOK.