Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 24, 2008 3:56
Comments: 677
View Analytic
This thread was started in response to the Analytic:

EUR Trade Index 18-Year Chart

Daily EURO chart of 18 years of cyclical developments in finance & politics
 
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 23:50
Hey, even if Australia is a miss, the aud will sell of for what, one nanosecond and just rip up to fresh highs!

Sad, but that's the way things seem to be going for USD longs.

I think I'm gonna just trade one lot and dollar short side of the market. MaybeI'll fool them and it will reverse for my other positions..
said
mulhouse, France
Posts: 2822
14 years ago
Jan 13, 2010 23:43
wake up australia

christmas santa reserve HAS already passed.

coronation street.
rkkashmir
Posted Anonymously
14 years ago
Jan 13, 2010 23:41
It appears Ashraft is expecting a significant miss for aussie employment report. I think NZ missed a couple of weeks ago, can't remember.

We'll find out in an hour
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 13, 2010 23:38
Ashraf

Last three months average job gain is 32k, the forecast is just 10K - an easy number to beat and force a rally to 94.

last month the forecast was +5k and the actual was +32k. However, AUDUSD rallied about 80 points over the day before coming back in the next 2 days. But do remember in early Dec we were in a USD bull phase - now it appears we are not - so a a good beat could take it to 94 or more.
we will know in the next 55 mins

cheers
vik
said
mulhouse, France
Posts: 2822
14 years ago
Jan 13, 2010 23:30
spec invest people's money he is an advisor and he got funds he can have a buy and hold strategy till he reaches its objectives
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 13, 2010 23:29
GUYS, i spoke abt AUssie jobs in interview posted on IMT

Aussie jobs had 3 straight mnths of postv job growth. i expect surprise job loss & unemploymnt 5.9%. i dont usualy forecast macro econ indicators but US and Aussie jobs are sometimes and exception.

Also, my studies of Aussie emplmnt 3-month avg shows similar patterns to Oct-Sep '01. expect spike in unemp rate in Dec.

Ashraf
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 13, 2010 23:18
spec has been calling for some sort of USD rally since Aug 09. be mindful - spec is long term player - trading over quarterly and yearly time frames unlike most of us here playing with hours, days and at most a week.
said
mulhouse, France
Posts: 2822
14 years ago
Jan 13, 2010 23:05
aussie at .93
rkkashmir
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 22:41
Aussie job report out at 7:30 pm new york time. This could be the catalyst, at least in that pair.

Seems like every "major" economic report lately has been pro-usd selling. Hopefully time for a change.

I expect 50 pip move from aussie either way.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 13, 2010 22:32
Well everyone, new day of trading. Got my gbp shorts at 1.6294.

I've seen "reversal" days start in asia which can be just as punishing the other way. Gbp had LOTS of assistance from eur/gbp on it's rise yesterday. The only chance it has of continuing it's march is if euro catches a bid and it rides its coattails.

Ashraf says usd still hangin' in. Spectator calling for 80 on dollar index.