Would you say that GBP/JPY has broken through it's declining trend-line and is heading up? I'm looking at the daily chart. Are you still sticking with GBP bearishness despite the BoE decision today? Thanks
FXHandler and cougr - thanks so much for the input.
Does anyone think a possible reverse head and shoulders may play out in the weekly SPY chart? Or do I just need to wash my hair? Ashraf, I know you don't see that as a possibility.
Potential Head and Shoulders in AUD/USD - more apparent on the 4hr chart. Neckline at 82.50 - left shoulder at 85.00-85.50. Perhaps the shoulder is not high enough though? Would anyone agree? Feel free to let me know if you disagree as well. I'm don't claim to be a good technical analyst. Gold and commodities (and stocks) would obviously need a pull-back as well for this to pan-out.
Can everyone please leave the "hidden" sarcastic comments aside. No one is ever right all the time. And NO one is ever willing to give information like this for free. You know who you are. C'mon, we're all in this together, or at least should be. Not to say that we all have to have the same analysis. But let's support one another. Thanks.
Hope you are enjoying your vacation. How do you feel about that AUD/USD trade now that the resistance was broken? And are you still standing firm with 148.00 GBP/JPY target?
Also, are you still bearish overall, despite equities barely budging downward? And, do you think the China QFII quota being raised will lift China (and world) equities even more?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
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Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Would you say that GBP/JPY has broken through it's declining trend-line and is heading up? I'm looking at the daily chart. Are you still sticking with GBP bearishness despite the BoE decision today? Thanks
Does anyone think a possible reverse head and shoulders may play out in the weekly SPY chart? Or do I just need to wash my hair? Ashraf, I know you don't see that as a possibility.
I enjoyed your interviews this morning. You'd mentioned buying AUD/USD in pullbacks - do you have a short/medium-term target for that pair.
I suppose since it broke the resistance of 84.50-55 there is little chance of it returning back to that level or lower? Thanks.
Hope you are enjoying your vacation. How do you feel about that AUD/USD trade now that the resistance was broken? And are you still standing firm with 148.00 GBP/JPY target?
Also, are you still bearish overall, despite equities barely budging downward? And, do you think the China QFII quota being raised will lift China (and world) equities even more?
Thanks