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User: Rob
Last Post: July 8, 2010 ET
Posts: 316 (285 by Member, 31 Anonymous)
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This pair being USD/CAD

Ashraf,

I presume the market is NOT expecting a rate increase from BOC on July 20th? Any thoughts on where this pair is going, along with time-frames. Thanks? I've been doing very well with your IMT's and tweets. Much appreciated!

Pipster - care to share the requirements? I'm still on hold and considering it

Hey Pipster -

Yeah, it looks to be holding strong - but I feel if it holds, I'll still have time to short it, if it breaks out to the upside - it's off to the races. I'm going to wait a bit and see what Asia brings.

Anybody have thoughts on shorting EUR/GBP? Looks like a TL resistance of 82.50-55 is holding up nicely, but if it breaks, it looks like 83.40's is the next stop. Any comments are appreciated...

stationdealer - thanks - I believe 85.70 was that triple bottom Ashraf spoke of that broke. Also RBA rate decision - any thoughts on that?

Ashraf,

Any suggestions of major resistance for AUDUSD to take it back down once this BIG bounce falls apart - even though that they may be weeks to months. Thanks - thinking 85.50 myself, but 87 doesn't seem far either. Thanks

Hey Ashraf,

Thanks for recent calls on AUD/USD - going to do my best to get back in and short it to 78 as you mentioned!!!

CHF - By the way - can I get your thoughts on GBP/CHF please. Would you say it's too risky to short given what looks to be SNB intervention? Or is it now a green light? Thanks, and keep those wheels smoking - much appreciated as always!

Gosh Ashraf - You're too good for your own calls! Blowing through all your targets! Thanks for everything - much appreciated. I may just go all in selling Euro - targeting parity! We'll see. Have a great weekend.

Hi Ashraf,

I'm long USD/JPY and wondering if you could give a solid support level for the pair. Not sure if I should add to my position at this point. Seems a winner in the long-run, but for now, risk-aversion seems to be crushing it. Any thoughts would be appreciated. Thanks.