EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Gold, USD, Bonds Intermarket Trading التداول الإنترماركت
إستعمال تحليل الإنترماركت و التحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds. Watch here.
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
I cant imagine the smart money is buying risk right now. Ashraf hope you are right and the top gets blown on this silly rise in equities with China raising rates tomorrow.
I'm a recent finance MBA (univ of toronto) and still figuring out the forex markets. Your book is a great read. I have a question about how one deciphers cross pairs like EURCAD or GBPAUD. It seems these pairs dont "respect" supports and fib-levels (low liquidity?), but the market just uses them to add "extra fire" to moves, say lower in USDCAD or higher in AUDUSD, by squeezing the EURCAD or GBPAUD longs out further and further.
my question is how can one even be comfortable in the technicals of these (non JPY) cross pairs when they dont quite account for much? or do they?
CIBC world markets notes that 2 yrs back when CAD was at these levels oil/commodities were way higher, so CAD seems to be getting way ahead of itself.
Guess the only rational thing for us canadians to do is to keep shopping across the border given that we are so far away from PPP, bring down canadian retail sales figures (we probably wont see that soon with the olympic spending), and then the market will respond!! Of course the big sharks in the mean time want to run through all the stops before reversing!!