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by Ashraf Laidi
Posted: Jun 24, 2009 14:06
Comments: 182
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This thread was started in response to the Hot-Chart:

USDJPY 4-week Cycles

 
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jt
United States
Posts: 15
15 years ago
Jun 25, 2009 16:24
Ashraf,

With oil slowly rising again.. Do you see CAD/USD breaking 1.17+ or moving towards 1.10?

JT
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 25, 2009 16:20
Hey,
Stock and oil is rising......USD/CAD still in the uptrend....


I have no words to say.....
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 25, 2009 16:03
raj, ok. you could also secure a 40pip profit at the figure (if hit) then reopen at the bounce at 95.10 for new short targeting 94.70. reason i say this is perhaps USD strength coulf feed against yen too.

against these are opinions and views and not financial advice

Bernanke's situation is looking increasingly awkward.

Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jun 25, 2009 15:46
Ashraf,
I am looking for 9470 level for my USDJPY short
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 25, 2009 15:34
raj, wheres your target for ur 9640 short? 96.80s is big resistance and we could well see 95.70. best to target 95.90
Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jun 25, 2009 15:04
hi ashraf,
thanks for USDJPY reco where you told me to sell at 9600 for 9540. Today again I shorted USDJPY at 9640 with stop 9675.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jun 24, 2009 20:58
abdelrahman, you may be right. my insights on USDJPY are published right there. I still see it down.

pipples, your CADJPY would have worked like a charm. I still think it could drop as markets pull lower. 82.10.

Ashraf
simon
gauteng, South Africa
Posts: 23
15 years ago
Jun 24, 2009 19:33
I think something similar

Japanese exports last month where terrible
abdel rahman mostafa
alexandria, Egypt
Posts: 2
15 years ago
Jun 24, 2009 18:10
hi Mr Ashraf ..
i think that USDJPY formed it's bottom yesterday with all the divergences and a solid support zone ..
also the stars in the bottom may tell some thing ..what is your opinion ?
Pipples
Yorkshire, UK
Posts: 34
15 years ago
Jun 24, 2009 14:44
Yes, I see. Will hang on until 6.30-7pm. Cheers.
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