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| Posted By: david Posted On: Nov 23, 2008 Views: 3457 | eur/usd still bearish i think its still still bearish and can target 1.20 as usa will off on last 3 working days. |
| Posted By: Farrukh Kayani Posted On: Nov 20, 2008 Views: 3301 | full of risk i wonder whats holding it at 1.25 it should be around 1.20 now..look at other pairs.lets see if the end of this week makes a clear picture but going up now is like impossible now i think ,,down is the way. |
| Posted By: m ali Posted On: Nov 12, 2008 Views: 3703 | eur/usd i think it will fall to 1.15 in next 2 weeks. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Nov 9, 2008 Views: 3744 | eur/usd welcome, as yours .In the long term picture, 1.6038 is no doubt an important long term top and the long term trend has definitely changed. There is no clear answer for the moment. Nevertheless, the impulsive nature of the fall from 1.6038 suggests that the development after EUR/USD makes a medium term bottom will be corrective in nature and then be followed by at least one more medium term decline before completing the whole long term down ,,,,,,,in my eye ,,,,The question is how far such down trend can go. Would EUR/USD retest historical low of 0.8223?end..........ANSER,,,it it now almost clear if the set low hold means 38.2 has compleat low side over all, close year here there first day start a big up side confirm my this view but now stop 1.2295 if hit after that then can say,There is no clear answer for the moment. |
| Posted By: Farrukh Kayani Posted On: Nov 3, 2008 Views: 3937 | slide will cotinue this week.look out as ecb is likely to slash rates this week ,along with boe.i expect more strength in us $.euro can find near term support near 1.15 to 1.20 .from 1.15 area a little stability can be seen.take pips and don't invest in euro long term like 1 month. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Nov 2, 2008 Views: 3482 | eur/usd welcome, as ,In the long term picture, 1.6038 is no doubt an important long term top and the long term trend has definitely changed. The question is how far such down trend can go. Would EUR/USD retest historical low of 0.8223? There is no clear answer for the moment. Nevertheless, the impulsive nature of the fall from 1.6038 suggests that the development after EUR/USD makes a medium term bottom will be corrective in nature and then be followed by at least one more medium term decline before completing the whole long term down trend////// as i said last week ,, as a student , eur/usd still learn to walk on fifty steps and fell now 1.3540 if it touch and fell it means it is going weak if it touch above 1.3915 or some more then it is confirm have set the low but only 1.2159 etc can go down,,,,,,, and now i am not looking up1.3314 only but low side 1.1813,1.1687,1.1649 before the year over. more next year. |
| Posted By: Nagarajan Posted On: Oct 30, 2008 Views: 3447 | USD/ZAR Hi Choudary, Thanks,but there seems to be extereme volatality in ZAR, which brought ZAR 9.40, & now its back to 10levels, any bad news globally, ZAR is hammered. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Oct 29, 2008 Views: 2986 | usd/zar hi, Nagarajan,,,, i hope u enjoy my point out points in usd/zar.Posted By: choudhary mohammad sarwar riaz Posted On: 8 days ago Views: 382 usd/zar ------------------------------------------------------------------------ -------- usd/zar more up side can be 11.104,11.273 and 11.840 .12.009 as eur/usd hit stop my pointed out now next 1.2864miner but 1.2488 first hurdel can be |
| Posted By: Farrukh Kayani Posted On: Oct 28, 2008 Views: 2907 | currency updates-world in meltdown eur/usd>>>>it will move to 1.28 or something as correction then likely fall again to new low likely 1.22 or lesser at end of week.now that ecb has declared it will cut rates , there is no hope left with euros because all earlier rally was when ecb was raising rates. gbp/usd>>>>extremely poor economy with total meltdown likely to reach 1.53 at end of week .now 1.59 i except deep slide.as boe will cut rates. aud/usd---> should go down to .50 usd/ind>> already reached 51 as i said now it should gain to 60 or somthing in 4 weeks. usd/jpy>> already reached 90 wow that was fast.. anyways now at 97 can slide back 90 or even less in short time. and yes i m bullish of dollar.look out for deep slides in other currencies.world is in worst recession in a long time now with e-money moving so fast from stocks to currency to gold no one knows what will happen.i agree to choudhary mohammad sarwar riaz points but i think it will slide ,gains is very very difficult now for euro now against us dollar. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Oct 26, 2008 Views: 2537 | eur/usd welcome,as your comments,In the bigger picture, some key important long term support levels were taken out last week without much hesitation. The strength of the fall as well as the breaking of 100% projection of 1.6038 to 1.3381 from 1.4867 at 1.2710 reinforces that case that whole decline from 1.6038 is developing into a five wave impulsive fall. As mentioned before, if this is true, EUR/USD is probably still in the middle of it and should eventually extend to below 1.1639 key long term support before making a medium term bottom. Break of 1.3768 resistance is needed to invalidate this view and indicates that a medium term bottom is formed earlier than we thought. Otherwise, medium term outlook will remain bearish even in case of strong rebound. In the long term picture, 1.6038 is no doubt an important long term top and the long term trend has definitely changed. The question is how far such down trend can go. Would EUR/USD retest historical low of 0.8223? There is no clear answer for the moment. Nevertheless, the impulsive nature of the fall from 1.6038 suggests that the development after EUR/USD makes a medium term bottom will be corrective in nature and then be followed by at least one more medium term decline before completing the whole l ong term down trend. ///////////////////////////// as a student , eur/usd still learn to walk on fifty steps and fell now 1.3540 if it touch and fell it means it is going weak if it touch above 1.3915 or some more then it is confirm have set the low but only 1.2159 etc can go down |
| Posted By: Farrukh Kayani Posted On: Oct 23, 2008 Views: 2602 | eur/usd more slide next as i lastly said eur/usd is going down and reached 1.27 from 1.35 as i lastly warned.we can now see a move to 1.29 then more fall to 1.20 levels.hold on to us $ and wait till storm is clear. usd/zar no idea sorry, USD/PKR: Pakistan with crisis is likely to go down to rs 90/us$ from rs 82 now.i m looking at rs 90/us $.my forecast for pak rs vs us $ is rs 120/us dollar after 6 months. USD/INR: this pair is likely to reach rs 60/us $ from rs 40.50 as south asian currencies plunge.pak rs is likely to outperform inr as trend of pkr appreciation against inr continues. usd/jpy : this pair is likely to reach 90 in next 2 months. |
| Posted By: choudhary mohammad sarwar riaz Posted On: Oct 22, 2008 Views: 2441 | eur/usd welcome,today eur/usd 1.2734 set a new low but here market can hold and again up 1.3543 then it should go down for next new low in my eye . |
| Posted By: choudhary mohammad sarwar riaz Posted On: Oct 21, 2008 Views: 2465 | usd/zar usd/zar more up side can be 11.104,11.273 and 11.84012.009 as eur/usd hit stop my pointed out now next 1.2864miner but 1.2488 first hurdel can be . |
| Posted By: choudhary mohammad sarwar riaz Posted On: Oct 21, 2008 Views: 2395 | usd/zar hi, Nagarajan i as understand the first hurdel were 9.632 and 9.801 and now next 10.368,10.537. |
| Posted By: Nagarajan Posted On: Oct 20, 2008 Views: 2246 | USD/ZAR Kayani - If you can give your view for USD/ZAR, where it is likely headed. |
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