Viewing posts by Ashraf Laidi

User: Ashraf Laidi
Last Post: September 10, 2010 ET
Posts: 3246 (3142 by Member, 104 Anonymous)
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Haitham, we still have 1115 = 100 day MA. should have a strong start today but again very thin volumes.

Ashraf

Yes, theres talk China will start to rein in lending and a rate hike is bacn in the cards again. If that does happen, then we might see a little bit more life in USD and some pullback in metals.

Ashraf

patrick, read my latest IMT on AUDJPY. "appears poised" could mean a lot of things.

Ashraf

Said, shorterm term oscillators are conflictive but from a fib angle, it's convincing. So weill follow more.

Have a very happy Eid to you and yours.

Ashraf

Gary none whatsoever. things will get heated up at the next CPI figures the Nov Quarterly Inflation Report

Ashraf

At the end of the day, AUDCAD Weekly made a classic failure; i.e. touching above 0.9600 but NOT CLOSING above it.. get out the weekly chart and check it out.

Ashraf

Bojan, sorry to hear abt that.. at least you're able to type in something. England was stellar yesterday

Ashraf

Euro, i metnione 1.2870 on twitter yesterday.. for now. id see fresh shorts back to 1.2770s.

SEE LATEST IMT on EURGBP

Ashraf

0.9605 on my WEEKLY chart is the 76.4% retracement of the decline from the 0.9917 high to the 0.8588 low. Although DAILY stochastics seem positive (go against the short call), 0.9605-10 is the congestion high throughoutt the 3 weeks in January.

But AUDCAD could further rally today after the Bank of Canada decision in the event that (i) ther is a surprise and NO rate hike and/or (it raises rates but issues a cautious/pessimistic forecast).

Ashraf

rose, i would suppose Aussie is holding from well balanced RBA assessment (open door for 1 rate hike according to some players though i dont see it) and the rally in gold.

Usually these currencies would get hit harder when the source of risk aversion is from the China and Not Europe

Ashraf