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by Ashraf Laidi
Posted: Jun 29, 2009 18:15
Comments: 71
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This thread was started in response to the Article:

Green Shoots Fatigue & Intermarket Setup

The much-anticipated dollar rebound will rather emerge on "Green Shoots" fatigue rathern misplaced views of a US economic recovery preceding the rest of the world.
 
Forexwolf
Posted Anonymously
12 years ago
Jul 1, 2009 9:54
1.627 - from the current levels(1.638/46) or do you think it will first go slightly higher?i suppose it all depends on US data later today.

Thanks for the response.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 1, 2009 9:29
Forexworlf, cable would have to test 1.6270 and possible 1.61. I dont expect 1.678 any time soon.

jt, china's PMI should be good for overall risk appetite and eurusd but tradesr will be cautious ahead of ADP from US.

Ashraf
jt
United States
Posts: 15
12 years ago
Jul 1, 2009 2:54
Ashraf,

How do you see China's PMI moving the market into the Euro open/US open?

PMI was above 50 again for the fourth month in a row.

JT
cougr
Australia
Posts: 101
12 years ago
Jul 1, 2009 1:57
Forexwolf ,interesting dates , they correspond with the Obama - Putin summit.
Forexwolf
Auckland, New Zealand
Posts: 39
12 years ago
Jul 1, 2009 1:24
Correction - 7-8 July as bottoms.
Forexwolf
Auckland, New Zealand
Posts: 39
12 years ago
Jul 1, 2009 1:19
What do you see the bottoms for GBPUSD & EURUSD before going for yesterdays highs again?
Some analysts reackon 7-8 June could see the bottoms for USD before reverting to highs again.
Rob
New York, United States
Posts: 305
12 years ago
Jul 1, 2009 0:05
Thanks Ashraf
Ashraf Laidi
UK
Posted Anonymously
12 years ago
Jun 30, 2009 23:35
Rob, i never read John Person's books but you can check this one out. he's slid in intraday technicals
http://tinyurl.com/kk2jxh

Ashraf
cougr
Australia
Posts: 101
12 years ago
Jun 30, 2009 23:28
My pleasure Rob ,the information I provided below is very basic but good to begin with.
Rob
New York, United States
Posts: 305
12 years ago
Jun 30, 2009 23:16
Great Cougr, thanks for the response!