Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Jul 20, 2009 11:24
Comments: 42
View Hot-Chart
This thread was started in response to the Hot-Chart:

USDJPY Channel Intact

 
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 30, 2009 21:56
Jim, it depends what you mean by current trading. The validity of the HotChart remains as long as we hold under 9580 and 9620. Hence, it does reflect current trading. Previous HotCharts were more shorterm, like the prior one on USDJPY which dropped to 91.70. Both of my IMT and Twitter post frequent short term trading.

Ashraf
Steven Blyth
London, UK
Posts: 148
12 years ago
Jul 30, 2009 21:22
@Jim. W

USDJPY chart of the day from ibtimes.com
http://tiny.cc/ZK8Gv
jim W
California , United States
Posted Anonymously
12 years ago
Jul 30, 2009 19:15
Ashraf, Since you posted this USD?JPY chart the movement has been toward a stronger $ with gains
on both weak and strong trading days for equities. Technically it seems this is still within the very wide
downward band, so do you consider the Yen a buy at the 94.70 level? Also is there any way that you
can update Hot-charts to reflect current trading?


Thanks, Jim
f
Brussels, Belgium
Posts: 25
12 years ago
Jul 21, 2009 17:02
Thank you for the quick reply!
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 21, 2009 16:57
USDCAD higher at 1.13. abt time to short JPY pairs

Ashraf
f
Brussels, Belgium
Posts: 25
12 years ago
Jul 21, 2009 16:33
Thanks and your take on USDCAD in the same time frame?
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 21, 2009 16:20
f, USDJPY already starting to suffer, falling to 93.60s. this may take 3-4 weeks before we go sub 92. For those who sold at previous resistance of 93.80, look for 93.20 target by Asia.

Ashraf
f
Brussels, Belgium
Posts: 25
12 years ago
Jul 21, 2009 14:30
Hello Ashraf, just wondering what your take is on sub 92 (or 90 as mentioned on Twitter) for oil prices ans especially USDCAD... in the scenario where we suffer a retest of the lows, do you believe we could see 1,25 levels for USDCAD? Thanks,
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 20, 2009 19:00
Jim, i did not say. we may see March lows but in a slower gradual manner. perhaps in late Q3. too early to say still. wait for end of this month.

Ashraf
jim W
California, United States
Posts: 3
12 years ago
Jul 20, 2009 18:34
Thanks Ashraf, Yes I did mean 80 yen to $. Do I take it that you now feel that the lows were put in
last March with the 660's in the S&P?

Jim