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Gold & Yen's Perfect Desert Storm
Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
thank you ashraf
thank you very much
biba
Ashraf
q: do you think it's a good idea to start shorting usdjpy at this point? tnx
TG, next year will do a longer one. Yesterday's webinar was an impromptu.
zwan, Gold stochastics suggest another decline towards 1150 and 1187 still a resistance so careful with your stops.
thks simao. 1.6280 will be tough to break and 1.6150 even tougher. But i see resistance standing firm at 1.6520.
Lawrence, the USDCAD idea is a sound one. you were just unlucky today as oil is up to the Iran business. Look for shorting CADJPY.
Ashraf