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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
I'll keep an eye the other EUR pairs you mentioned - looks like the double-tops are on the weekly charts - thanks! And best of luck with the new Premium FX Service! All of your followers have been waiting for this day.
Does anyone or Ashraf have charts or info about rate expectations in the past and how they panned out regarding actual rate increases/decreases by central banks (part. the Fed) ?
Thanks,
Rob
To many variables these days, esp. Japan. And the global economy is so far from out of the woods - let alone the Eurozone. Not following UK as much, but can't see any central banks raising rates in the next few months. Unless this whole Japan meltdown turns out to be hype, no one will raise. They may sound hawkish to keep people happy though.
Haven't traded USD/JPY in the past month or so. But you can be sure it will jump higher if the FOMC is even slightly hawkish - then again, if stocks tumble, JPY may strengthen, but probably the least against the USD.
Good trading and good weekend!
Rob
I like the 4hour chart the best, recent close above 55ma, not for about a month - and being in it for about 2 weeks, I feel 92.00 was tried and is over (should've, could've, would've doubled down). It should at least push to 94 based on the daily chart - a break above the 55DMA should provide much better momentum upwards.
I'd did quite well a few weeks ago Ashraf, when you brought up AUD/USD, I'll look to it again. Thanks!