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
 
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Dean
Auckland, New Zealand
Posted Anonymously
14 years ago
Apr 5, 2010 8:36
Or maybe it's just Easter & the end of the financial year.
Dean
Auckland, New Zealand
Posted Anonymously
14 years ago
Apr 5, 2010 8:24
The Euro has done some funny things lately. It broke the 1.3440 mark with little follow through. I've also seen it shift with no reaction from the USD/CHF at least a couple of times over the last month or so. I think you have to wonder if something bigger is afoot.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 1, 2010 18:05
EURUSD breaks above 13550 for the day. we need a weekly close above 13550 for us to capture 13600. Still see 13200 and 12800. Fundamentals have not changed.

Ashraf
Ginger
UK
Posted Anonymously
14 years ago
Mar 31, 2010 16:44
Guys Ashraf's fundamental views are based on the difference between US & German bond yields which are at a 3 year high meaning more pain for the Euro. Of course short-term (i.e. next couple of days) anything can happen and Euro could go a bit higher but over the course of the next couple of months I'm trading on the fact that Euro will be much lower based on Ashraf's analysis. Today was month end and a lot of hedge funds were closing positions hence accelerating a decline in the $.
Callum
Singapore
Posted Anonymously
14 years ago
Mar 31, 2010 16:07
@sydneyjames - I understand from Ashraf's recent TV interview and other articles that the inverse correlation between USDX and Equities is broken, ie, both can go up simultaneously. We can see this anyways in recent while, ie, DJI/SPX AND USDX making new highs post recession with EURUSD making new lows. I am also noting Ashraf's view on US equity market not falling until post summer (northern hemisphere), while, USDX upside seems more immediate. The JPY vs US Equities correlation seems much intact.
chloethebull
halifax, Canada
Posted Anonymously
14 years ago
Mar 31, 2010 15:09
@sydney, i agree too much uncertanty..market correlation constantly changing..uncertain moves from the big boy..way too complex for me to keep trax of..basically im stickn with ashraf calls..i may not be able to deciper the markets but i understand what ashraf saying an i like his theorys..gl today
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 31, 2010 14:57
when eruo were at 1.40, does people see 1.34? market is full of uncertainty, never try to predict it, or u will get hurt so bad due to your expectation.
Gunjack
London, UK
Posts: 1184
14 years ago
Mar 31, 2010 14:45
eurusd shorts must be bleeding today....do ppl here still see 1.30 eventually??
chloethebull
halifax, Canada
Posted Anonymously
14 years ago
Mar 31, 2010 14:45
@xaron, were are the new sellers,they all steppin in now prob with oil @ highs of the trading range,plus there guys like me with lots of powder remaing who are continuously adding not to mention im benefiting from my hedges...but u never know if markets wanna go higher there goin higher..gl today
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 31, 2010 14:40
there are something i dont get, if the traders are still doing carry trade at the moment, today the DOW JONES and S&P 500 dropped a lot, the USD index dropped as well? Shouldn't they be inversely proportional?
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