Ashraf, what is your view on Usd/Chf. It pace of the decline has been increidibly fast and it is clear there is a lot of fear in the markets. But the pair is looking way oversold in various time frames. Do you expect any correction sometime soon? or do you see the central interveing again? even thought every attempt has been proven worthless.
ok guys, so it feels like this resistance is still valid so I couldn't resist the temptation and shorted 2 lots again at 5280 with sl at 5310 with first target at 5150. Lets see how it plays!
Cable has been trading in this tight range and any brake to either side its going to be nasty. I have shorted this pair last two days around these levels and have made good profits. I'm inclined on doing it again today if it doesn't closes above the uper trend line. I'm staying alert because I have a feeling that a nasty move is about to take place. Any thoughts are welcome.
Notice how cable failed to break above its 200 MA on the 4 hr chart, to me this look like a great level to go short again with a sl just above 1.52. Good luck to everyone!
Asad, is good to see you back again. Do you have any opinions on oil? Do you see it pushing back to 85? or do u think it will fall before reaching that level? Thanks!
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
Thanks
Any thoughts are welcome.
AMG
Thanks!
AMG