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by Ashraf Laidi
Posted: Jan 19, 2010 15:19
Comments: 147
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This thread was started in response to the Article:

Euro's Dead Cross

EURUSD's downtrend is now confirmed after its 50-day MA has fallen below its 100-day MA, strengthening the bearish technical signal with an already deteriorating fundamental foundation.
 
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redstone
bristol, UK
Posted Anonymously
14 years ago
Feb 3, 2010 11:53
thanx Ashraf. Hey Rim ur turkish lira is doing well at the moment. talk they may raise rates in may as well.
rim
Turkey
Posts: 121
14 years ago
Feb 3, 2010 7:21
Dear Ashraf

Do you think Non Farm payrolls data in any case will be positive for DXY ?

as if drops ; good for Dxy

and if increase ; stocks will collapse and again positive for DXY
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 2, 2010 17:15
red, we're long away from 1.05 in GBPEUR. Maybe in May. but for now, markets are too worried about greece.

callum, only a rebound. still see 137 then 132.

I DO NOT WANT EURO SHORTS TO LOSE MONEY BECAUSE THEY GOT STOPPED OUT ON A EURO REBOUND ! USE YOUR MARGIN RESPONSIBLY AND DO NOT GET STOPPED OUT AND MARGINED OUT ON A 40 PIP REBOUND.

Ashraf
Callum
Singapore, Singapore
Posts: 179
14 years ago
Feb 2, 2010 16:08
Hi Ashraf, looks like the positive data is moving the EUR/USD towards 1.40 again? Are you still projecting 1.32? Just a naive look, perhaps EUR/USD will retrace a bit before another deep dive?
redstone
bristol, UK
Posted Anonymously
14 years ago
Feb 2, 2010 12:08
Hi Ashraf. Do you think we could see GBP/EUR at 1.05 again this year or will sterling continue up to 1.20 ? Many thanks
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 1, 2010 19:48
fx618. now that my 1.38 target is coming up. time to think of 1.32.

Ashraf
fx618
Massachusetts, United States
Posts: 5
14 years ago
Feb 1, 2010 13:32
Hi Ashraf,

No you did not. I now know you mentioned 1.27 in "more euro losses ahead" thread. I should've wrote my comments there.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Feb 1, 2010 1:12
fx618, where did i ever mention 1.27 in the DeadCross article??

Chloe, siraj, Dave congrats ! keep it up.

Ashraf
DaveO
UK
Posted Anonymously
14 years ago
Jan 30, 2010 14:07
Hi Ashraf, Just joined your membership. Hope my eyes will cope with your font sizes :-) Have had an account with CMC almost since they started but somehow missed youuuu. Look forward to your currency observations.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 30, 2010 3:51
@chloe: slightly different ball-game here (UK) I think with spread-betting. Very low entry-level cost for "traders" who may know nothing (as I did, not so long ago). We are very lucky to have Ashraf for the moment.

I've been doing it for almost 2 years and am still a beginner, really.


Lets make the most.


Peace and love to you all.

M.
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