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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
chloethebull
Canada
Posted Anonymously
13 years ago
Nov 30, 2010 13:37
lol usdcad on its way to 1.0360,prob will smash through it on weds with good usd data then a fresh high will be reach when fri rolls around with cad employ #%..gl guys:)
said
mulhouse, France
Posts: 2822
13 years ago
Nov 30, 2010 10:33
third support on natgas
Gunjack
London, UK
Posts: 1184
13 years ago
Nov 30, 2010 9:27
@chloethebull - AUD getting hurt as mkts discounting into future and not liking what they think could happen... potential Chinese rate hike would smash into the aussie economy, and hurt commodity prices. For time being commods will keep rising, but chinese officials themselves think rates nee to be hiked by abt 200bps (according to FT).
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Nov 30, 2010 2:32
@forum , possib catylyst for cad to weaken- loss of jobs or none created an employment rate flat or higher which is deffin doable(fri) i think last figures dissappointed.effects of strong cad coming home to rooast.plus on weds & fri usd has big data out. whos left in the basket that makes up $$index playing strong?? kronas .chf stumbled few weeks ago,cad playing strong off oil but looking shaky,eru gbp total crap,not sure about yen but i think its gettn beat up by usd..go easy on me if im wrong just tryn to contribute:) gl
chloethebull
Posted Anonymously
13 years ago
Nov 30, 2010 2:05
@forum, i think ashraf is possible setting up the next play-** bullish usdcad hammer**-talkin earlier about oil heading to 80-81 now @85.65..so im willing to nibble on usdcad long at this level(1.0150) last week i was long @1.0095 out @1.02120-30 levels so not a bad re-entry.but iam curious why the aud is gettin destroyed(mayb korean situ) but cad holding up soo strong both commod driven an both usually playing strong but now aud drops 400pips in 1 week an cad giving up 150+...but how far can usdcad go? prob to 1.0360..ok thanks gl:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Nov 29, 2010 21:29
IMF sells 19.5 tonnes of IMF gold in Oct.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Nov 29, 2010 20:43
Looks like stocks and gold now starting to come into line for crude upside and usdcad might have given up the battle on its 55DMA resistance. I have now lost interest in selling crude for time being. I have never been one to fade the mkt :-)
Gunjack
UK
Posted Anonymously
13 years ago
Nov 29, 2010 19:30
@daveO I agree somethig has gotta give way, doesn't look like CL at the moment tho...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Nov 29, 2010 16:00
CL is bucking direction of cad, stocks and gold intra day basis. Something has to give !
Gunjack
London, UK
Posts: 1184
13 years ago
Nov 29, 2010 13:45
@Lucky remember the famous PTJ saying....losers ave losers...careful with the doubling down it's POMO monday. My stops got activated at b/e and I am looking for another entry point in the high 85s if it gets there