I'm far from being a good technical analyst, however, would you say that AUD/JPY daily chart is showing a bearish hammer, much the same as EUR/JPY, that you pointed out to me several days ago? I read the IMT regarding AUD/JPY testing 70 resistance. Do you think that will hold strongly? Also, if the bearish hammer is actually there, would you say that the fundamentals should override the technicals on this pair. Again, I may just be imagining that hammer - though it looks quite similar to EUR/JPY daily chart to my eyes. Thanks for your help.
I hope I didn't get your blood pressure up too high with my last comment. If you look back, you did in fact say "Frank, gold remains bullish at least into April" - as Frank did ask about gold. I thought that was an odd comment from you because I do read your site carefully and have read your targets on gold, which is why I reiterated what you said about the $1050 target, and you are always very specific and accurate. I trade spot gold and watch it's price change with other currency pairs on my platform. This must get mixed up in my mind with the other pairs, causing me to attempt to find similar relationships that I can find with currency pairs. Your knowledge and expertise has helped me with intermarket analysis with many things. Now I realize that gold's analysis is more long-term and not as easily tracked alongside equities, currencies, risk aversion/appetite, interest rates, central bank comments, etc.. If I could, I'd change my FOREX broker in a second, but as you know I'm in NY and can't participate with CMC Markets. I'd gladly pay a subscriber fee if it is within my reach. Sorry to anyone who's upset for me mentioning that. All the best to you Ashraf, and again, I hope I didn't get under your skin. Thanks for all your support!!!
With JPY having lost a bit of its safe-haven status, what do you think about EUR/JPY - it seems to have tremendous support and has also had weekly gains for about 6 weeks. Any thoughts on good plays for this pair? Thanks
Wow, the EUR/USD is getting crushed. Are you sticking with your targets in today's IMT of 1.3740 to 1.3810? Or have we seen renewed downside after breaking through many support levels? Thanks
? - Does gold have a new support level now that the Fed intervened so aggressively? Did fundamentals of such magnitude and moves in the price of such magnitude create new technicals? Seems like support at $885-890 is gone for a while, if not forever. Thanks again.
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)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(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)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
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)
تجنب الخطأ الشائع المتمثل في خلط مؤشرات الناسداك وداوجونز و الاس ان بي وإليكم كيفية تفاعله بشكل مختلف مع تذبذبات في عوائد السندات ليست كل مؤشرات الأسهم متشابهة. شاهد الفيديو
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields -Details in video description.
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Great call on the last hot chart about EUR and OIL - looking forward to the result of this one also!!! Thanks a bunch
I'm far from being a good technical analyst, however, would you say that AUD/JPY daily chart is showing a bearish hammer, much the same as EUR/JPY, that you pointed out to me several days ago? I read the IMT regarding AUD/JPY testing 70 resistance. Do you think that will hold strongly? Also, if the bearish hammer is actually there, would you say that the fundamentals should override the technicals on this pair. Again, I may just be imagining that hammer - though it looks quite similar to EUR/JPY daily chart to my eyes. Thanks for your help.
I hope I didn't get your blood pressure up too high with my last comment. If you look back, you did in fact say "Frank, gold remains bullish at least into April" - as Frank did ask about gold. I thought that was an odd comment from you because I do read your site carefully and have read your targets on gold, which is why I reiterated what you said about the $1050 target, and you are always very specific and accurate. I trade spot gold and watch it's price change with other currency pairs on my platform. This must get mixed up in my mind with the other pairs, causing me to attempt to find similar relationships that I can find with currency pairs. Your knowledge and expertise has helped me with intermarket analysis with many things. Now I realize that gold's analysis is more long-term and not as easily tracked alongside equities, currencies, risk aversion/appetite, interest rates, central bank comments, etc..
If I could, I'd change my FOREX broker in a second, but as you know I'm in NY and can't participate with CMC Markets.
I'd gladly pay a subscriber fee if it is within my reach. Sorry to anyone who's upset for me mentioning that.
All the best to you Ashraf, and again, I hope I didn't get under your skin. Thanks for all your support!!!
With JPY having lost a bit of its safe-haven status, what do you think about EUR/JPY - it seems to have tremendous support and has also had weekly gains for about 6 weeks. Any thoughts on good plays for this pair? Thanks
Wow, the EUR/USD is getting crushed. Are you sticking with your targets in today's IMT of 1.3740 to 1.3810? Or have we seen renewed downside after breaking through many support levels? Thanks
OK, you're tired of the praises by now -
? - Does gold have a new support level now that the Fed intervened so aggressively? Did fundamentals of such magnitude and moves in the price of such magnitude create new technicals? Seems like support at $885-890 is gone for a while, if not forever. Thanks again.
Check out YouTube, I'm doing the Ashraf Dance!!!
Thanks a million Ashraf!!!