Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Jun 24, 2009 14:06
Comments: 182
View Hot-Chart
This thread was started in response to the Hot-Chart:

USDJPY 4-week Cycles

 
1...910111213141516171819
thomasyewkay
Singapore
Posts: 2
15 years ago
Jun 27, 2009 20:34
Ashraf,
Will USDJPY heading for 96.90 level or will it be on the downside toward 93.00 the comming week? Your valuable advice will be appreciated.Thanks
Gunjack
London, UK
Posts: 1184
15 years ago
Jun 26, 2009 17:02
Ashraf thx for the earlier advice...duly played USD/CAD till 1.1555...Waiting to re-enter on any dips

Gunjack
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 26, 2009 13:25
raj, 95.30 was hit, now for 94.80, with resistance sliding towards 95.90s. Careful with stops but downside intact. depends what you mean by Lterm. let's wait fro a reak of 90 and 87 first.

Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jun 26, 2009 13:09
Ashraf,
i just wanna ask you that is USDJPY heading for 7400 level in long term ?From my side if it cant take out 10165 then 7400 is a possible one.I just want to have your valuable advice.
14raj
Kolkata, India
Posts: 210
15 years ago
Jun 26, 2009 12:29
hi ashraf,
i just covered my USDJPY short at 9550.Coz market is taking good support over there for past few sessions.thanks for that advice
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 26, 2009 11:48
gunjack, jt, if you look at the USDCAD CHANNEL SINCE JUNE 3rd, youll see SUPPORT AT around 1.1350 at bottom of that channel. before that we have 1.1415. again, i mentioned 1.1640 was big resistance, hence the failure yesterday. rather than waiting to regain 1.1640, look into fresh new positions for taking profut at lower targets ie 1.1540, 1.1580.

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Jun 26, 2009 10:49
Hi Ashraf - CAD showing strength against USD today, as 1.151 sems to have been broken where do you feel is the next resistance level ?

Thanks
Gunjack
jt
United States
Posts: 15
15 years ago
Jun 26, 2009 2:55
Rob, Gunjack, Forextrader,

Thanks for the feedback, After listening Warren Buffet calling the CAP and Trade a Tax increase on CNBC yesterday, and the dems gunning for a vote tomorrow, oil breaking past $70.00, and the CAD showing a bearish trend..

Ashraf,

1.1510 still the support.. level?

I am in at 1.1516

JT
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 26, 2009 1:05
JT, this time looks good now for that prelim target of 1.1640 then 1.17

ROb, I agree. along with GBP. But CAD is also weakened by Canada's perceived preoccupation with the strong loony.

Forextrader, Excellent point !

Ashraf
Rob
New York, United States
Posts: 305
15 years ago
Jun 26, 2009 0:30
Hey forextrader - I definitely noticed that - but also in other Yen pairs as well, part. EUR/JPY - Keeping my fingers crossed for your 1.18-1.19 target -
Report Reply
1...910111213141516171819