EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
How I Assess CPI تداول بيان التضخم
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فيديو حول كيفية تداول الذهب والدولار الأمريكي وناسداك عند صدور تقرير التضخم
How I gauge 4 CPI components before trading XAUUSD, Nasdaq and DXY
I do feel bad because you are in this position but me , Ashraf and MO , told you not to buy Buy Cad and Aud but you insist in doing so. if you only Listen to us you be now sitting in big profit instide of loss . I hope it will work out well for you at the end my frinend
good luck
My favourite trade in the last few weeks was to long Aud /USD and Long small position USD/CAD as hedge.
Both positions earn me a good interest every day.
I will not advice you to short Aud/USD because it is very expensive to hold for example you have to pay your broker around 50 USD a week for every short one lot standard AUD/USD which I think is quite a lot.
So if I am in your position I will keep AUD/USD Long and hedge it with long USD/CAD or Short NZD/USD
Kind regard
If you look at the monthly Aud/USD chart you will notice that eighties level always been an area of resistance -since 1988 . I am bearish AUD, at the moment and I think it will retreat to 0.75-0.74 in the next couple of weeks.
I predict the Aud to end the year around 0.78 level.
Aud/USD is overbough at the moment so if there will be any breakout the it will be two the down side.
So wait if better entry around the 75 area,.
But if you think there is more leg to the upside then make sure you have stop loss below 0.7825
This is my opinion
good luck
I forecast USD/CAD at 1.18-1.19 in the next 2 months , I am not sure what is Ashraf forecast for the USD/CAD
Dema
1) Most central banks are very caution about the strength of there currencies ( i.e Canada last week, New Zealand yesterday and ECB,,ect)
2) There is no sign of US investors fleeing the US for emerging market as in between (2004-2007)
3) I still think there is value in other US asset such as equity and corporate bond which attract US and foreign investors..
4) Finally USD technically in over sold territory at the moment, and any farther decline is limited.
For these reasons I am bullish USD
The last record high of short USD dollar and long Euro where in JULY 2008, and you know what happened next.
So Dont marry your self to the Euro, it might go up but it also could go down . we shall see.
Dema
US economy entered this recession first and it will get out first. I expect Federal Reserve will increase interest rates by the end of the year as the economy in the USA start to recover.
Euro/USD at 1.31-1.32 by the end of June.
Dema
I fully understand your point and I agree with you that in the long term the US dollar will decline against all commodity base currencies.
but I cant see this happing any time soon maybe some time in 2010 but for the next 2-4 months I see US dollar appreciate by 10% against all major currencies excluding Japanese Yen.
Any thought Ashraf
What is the next resistance level for the USD/CAD?
Dema