Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
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 |
Ashraf
Is it proprietary information or can you tell me where you got 85.20 from? If it's a fib support where did you draw it from, I can't see it on my charts.
Thanks,
James
Ashraf
Yeah, I know, almost did miss it - got in pretty late - 86.32
About that boat - when do you think it will return to shore? Do you feel we should take profits at the targets mentioned above? Is the market still that volatile - my opinion would be to leave it for a few days at least - I can't see the next few sessions resulting in any massive gains for equities which will obviously keep this pair down. Do you see anymore "astroturf" (great term by the way) showing up with equity traders and economists calling it "green shoots?" Maybe US and CAD CPI and PPI figures in a few days? Thanks a bunch.
Ashraf
Great chart, and I like the reasoning behind selling CAD as opposed to GBP or EUR against Yen. Just saw an article on Bloomberg about CA central bank governor buying bonds or getting into QE. That should crush this pair. Thanks for your help.