Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
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 |
trader, what do you mean carry trade against NZD & AUD. not sure what you mean. carry trade = selling USD to buy NZD and NZD and its unwinding means the reverse. JPY is the oreffred way to sell for carry trade for the next month.
Ashraf
AUDUSD has closed above 0.9180. Can we say that it is now on an uptrend ? Is it possible the carry trade in USD will carry on for some time now against the NZD, AUD and gold but not so much against the Euro, esp if it is accepted that the ecomonic recovery in the US will be slow and long, like Japan in the 1990s and Fed unlikely to raise rates any time soon ?
Thanks.
Yeah, i got that. Thanks! Friday, as always, will be v/ interesting. & could you please recap on how to vote on the Shorty awards.
Vote for you? Hell YEAAAHHHHH! & why not...?
Asad
Ashraf
Thanks v/ much for your input. I trade oil & was looking to gather opinion on the direction...
Asad
Thank you very much for your input.
Letisha happy 2010 to you too. chart does not look particularly bearish but my bullish USD take says we may have 0.72.
yulianis, i see AUDJPY lower as Aussie take a break with help from temporary JPY stabilization.
oil has broken the 100-week MA and that should pave way for 89 in case we close week above the avg.
Ashraf
I do not trade in oil but I think it may be risky to short oil. If economy recovers, oil is bound to go up. Even if economy does not recover much, the political situation in Middle East may push oil up.