Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Aug 21, 2008 1:37
Comments: 525
View 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.
 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Nov 13, 2009 12:25
Maria, yes kiwi relatively robust but NZDJPY still down for 2nd straight day and stochastics pointing lower. still see JPY strength dragging the USD so must cause more downside against kiwi towards 65.70s.

Ashraf
Maria
Juarez, Mexico
Posted Anonymously
15 years ago
Nov 13, 2009 12:02
Hi Ashraf: I curious why the NZDJPY pair so robust and stay at or above the 66.00 level lately. I see many other Yen cross move in large range and allow good shorts. Are the fundamental in NZPJPY really so strong? That is a bullish sign do you think? Thank you.
joo
london, UK
Posts: 22
15 years ago
Nov 13, 2009 10:45
Thanks Ashraf and TG.I think I missed that level (.9065)
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Nov 13, 2009 1:05
joo. eurgbp went to 0.9065 before sliding down. i see 0.8920 support to hold.

will have a webinar on this webiste saturday Nov 21st.

Ashraf
TG
Singapore
Posts: 112
15 years ago
Nov 13, 2009 0:47
Hi Joo,

From the time Ashraf gave that indication , the mkt. had moved up close to that target of .9080 and it has since retraced down....
joo
london, UK
Posts: 22
15 years ago
Nov 13, 2009 0:07
Hi Ashraf, can you please put on some light on EURGBP? where it is heading? and can you please tell me what is the time frame for the tips once you put it on forum to follow. I am asking it because in your yesterdays artical you write that EURGBP heading towards .9080 and then may be .9150 but actually it has reached .8985.
can you please also tell me when is your training course on forex? I would like to attend it as soon as possible please.
many thanks for your help.
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Nov 12, 2009 23:49
Thanks Ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Nov 12, 2009 23:37
spec, yes, that USDX support still holds.

hamish, the correlation between cable and equities has faded about 3 weeks ago. The "Kraf-Cadbury" element helped keep cable propped (see previous IMTs about the topic)

nzvik, bloomberg data is well behind. i did not see the flows in GBP. its volatility, however still respects those highs 1.6880 and 1.69. your're right, cable has become too disorderly. But GBPJPY is more predictable.

equities failing those key retracements and that will not be well received by Asia.


Ashraf
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Nov 12, 2009 21:08
Hamish,

S&P did not go below 1084.9 today - having said that GBP has not followed EUR and AUD even in the last hour of decline.

Asian session will be interesting. If we rally tomorrow or even hold - we may have a chance next week to take out 1100 and more - if we drop below 1080 - then we could go down further to the 1030s etc.
I have anyway stopped trading Cable over the last 6 weeks - too volatile for me, moves dramatically on any kind of news. Maybe something to do with lower volume on cable.
Ashraf, Can you advise if cable traded volume has declined over the last 6 to 8 weeks if you have that data ?
hamish
Posted Anonymously
15 years ago
Nov 12, 2009 20:50
NZVIK, thanks for your insight but interesting that hit SP 1083.5 & cable didn't flinch
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