Hi there - this is noy exactly on topic, but sort of relates, as there is a lot of talk about a dollar 'correction' just at the time of the eletions and either now, December, or January, depending on who you believe.
People are saying hold off a dollar long position because the market is about to correct. So the key questions are for me - if the dollar/euro corrects, will the euro also get stronger against the yen ?
You forecast the yen at 79/80 in 2010 - so given the euro dollar still has further to go - the consensus being that after a correction the euro will get even weaker than it is now against the dollar, then correspondingly it must get weaker still against the yen.
The euro has lost 40% against the yen since July - how much further do you think it will go, and how would you expect that change to pan out during the next year, especially at the beginning where we exp[ect this dollar correction ?
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
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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.
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People are saying hold off a dollar long position because the market is about to correct. So the key questions are for me - if the dollar/euro corrects, will the euro also get stronger against the yen ?
You forecast the yen at 79/80 in 2010 - so given the euro dollar still has further to go - the consensus being that after a correction the euro will get even weaker than it is now against the dollar, then correspondingly it must get weaker still against the yen.
The euro has lost 40% against the yen since July - how much further do you think it will go, and how would you expect that change to pan out during the next year, especially at the beginning where we exp[ect this dollar correction ?