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 |
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There is a good opportunity in short USD against the Swiss franc; the chart is heading down with accelerated base.
I guess Ashraf surrendered his AUDUSD H&S idea.
Good luck all.
I wish somebody had told me last year that a year from now AUD will be 18% , 12% higher against the Euro and USD respectively
Aud shoulld fall by approximatly 2% from it is friday close; i.e it is heading gradually towards 0.9840 in the next few days
and this kind of economy has failed everywhere. The past German Democratic Republic is a brilliant example. Everyone had a job but productivity at the end was negative. I.e. it was cheaper not to produce anything.
http://www.ft.com/cms/s/0/2dacd064-0ece-11e0-9ec3-00144feabdc0.html#ixzz19DhqLNCf
Cant afford to be born because a Caesarean costs Rmb50,000; cant afford to study because schools cost at least Rmb30,000; cant afford to live anywhere because each square metre is at least Rmb20,000; cant afford to get sick because pharmaceutical profits are at least 10-fold; cant afford to die because cremation costs at least Rmb30,000
arent we lucky
China has 4main problems. 1) inflation 2) Real estate bubble 3) Short of basic labor workers in China
4) China will have a leadership change in the coming years, that will disturb the economical and political stability