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Falling Equities Still Key for Dollar
Intermarket analysis set-up still suggests that fresh equity selling remains the only source of support for the US currency.
Ashraf
What catalyst do we need today to set a clear direction for dollar strength/weakness? Many USD pairs appear trapped b/w support and resistance thus far today. Your thoughts??
Mojo.
I have great regards for Fundamental analysis.But its impossible for Technical Analysis to failed because technical analysis is nothing but pictorial description of what traders are doing.So if technical analysis is wrong then all the traders are at wrong side which is really impossible to think.
Regards,
Rajib.
Ashraf
I am still holding S&P long which was initiated at 874, I already put my trailing at 890.I am waiting for Result from Goldman.Should I hold it for a bit longer time?and is it possible for SP to mark 1000 if it can break and sustain above 934?
regards,
Rajib.
Ashraf
I bought S&P at 874 with the stop at 863.Should i hold it for long run???I am anticipating 932 again.Even long in EUROUSD( 1.3840) and USDJPY(9228).
regards,
Rajib
Ashraf