Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
Speculators' Futures FX Positions
The weekly figures on traders' futures commitments obtained from the Chicago Mercantile Exchange's International Monetary Market shed valuable light on the developing flows pursuing one currency versus another.
Thank you for the analysis and tweets. Curious here, What is your take on NZDUSD? Are you bullish or bearish on the Kiwi for this or next week?
Sincerely,
Mojo.
Thanks
Ashraf
What is your short term outlook on the USD/CHF?
Kind regards
Ashraf
I would appreciate it if you have the time to explain the thought process behind the masses to short commodities, therefore taking down the Aussie to 83 than jumping back upto 98 by year end? Is this due to profit taking, as all the fundamentals would indicate that some up and down on its way up, but why such drop from the high 87's to 83? and also, why do you believe that gold will reverse at the 1020 mark approx? Do you think we are now seeing this move to 83 with the Aussie?
Also i have noticed that some people write on your forums to have you respond to their negativity. It is like their 15 minutes of fame. I dont think you need to even bother with people like this. Maybe this person should write their own book if they feel they are better at helping others.
Thanks for you help.
I am really enjoying your book. A recommendation from a well respected South African trader!
Ashraf
Ashraf in your opinion how much further can the AUD go against the USD
regards
Sorry if I missed any IMTs