Hot-Charts
CADJPY Downtrend Intact
by
Sep 10, 2009 10:56
| 26 Comments
CADJPY continues to show a generally predictable downtrend despite the noise from occasional waves of risk appetite. Such price action is similar to USDJPY, whose peaks have consistently respected the various falling trend lines. The trend line from the 90.23 high thru the 88.39 high held up earlier this week, paving the way for a preliminary target of 84.45 and a break of which (below 84.30) to open the path for 83.60. Any rebound remains capped at 85.80. USDCAD still expected to regain 1.09 and onto 1.1030.
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Ashraf
the question is not towards me but just sharing my thought....EuroUsd is heading for 1.4770-1.4790 range where a pullback should occur.
regards,
rajib.
I have short EUR/USD at 1.4606, expecting the EUR to go down. But now it has reached to 1.4680. Can u pls advice, where will EUR/USD go in the EUR trading hours. Can we expect it to go down. Pls suggest.
Regards,
AVG
here and if yes where to close it thanks
do u think will hit it
my equity is 30k USD i Have only this postion
pls ur advice thanks
abood, oil resistance still at 72.30s and Im still bearish, nothing changed.
Ashraf
is it good time to go short in NZD/CAD at 0.7821?
regards,
rajib.
I missed your webinar on saturday coz there was one festival in India on that very day. i am apologizing for my inability to join. Hope forum members got much valuable inputs for their trading arsenals.
regards,
Rajib.
Stone, yes, still see stronger YEN forward as i said in the webinar.
Ashraf