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Greener replied Aug 12, 2014it's still down but perhaps not for long. I bet some rumours on interest rates hikes are in play
Cable Update (GBPUSD)
- Greener commented Aug 12, 2014
US just wants it cheap...check USDCAD as well....let's see if Aussie breaks 0.9200 now
Aussie Rate-Cut Bets Derail World-Beating Gain
- Greener replied Aug 11, 2014
down it is...brc retail sales negative again...how surprising
Cable Update (GBPUSD)
- Greener replied Aug 11, 2014
by the next two hours we will get a glimpse of real direction
Cable Update (GBPUSD)
- Greener replied Aug 11, 2014
just don't forget that uptrend is still intact and would need to break 1.0750 to become credible as downtrend....1.1 still looks much closer
USD/CAD
- Greener commented Aug 11, 2014
you're probably right...uptrend was violated some time ago.. that's what matters...and today 16800 acted as a strong resistance...is sentiment changing? Probably but not yet the time to buy imho
UK Interest rate rise becomes more likely as property market takes off again
- Greener replied Aug 11, 2014
cable wasn't able to break 16800....16725 is more than a possibility now
Cable Update (GBPUSD)
- Greener replied Aug 11, 2014
I agree on levels with a risk for 1.0860 on the downside...however, downtrend is ST..and limited
USD/CAD
- Greener replied Aug 11, 2014
I don't know...I personally won't have any interest in this pair after 1.12...1.1 comes first though. however 1.0862 is pretty much where I see the bottom of a potential retracement from current levels
USD/CAD
- Greener replied Aug 11, 2014
Morgan Stanley analysts targeting 1.13 from 1.0970....stop loss at 1.860
USD/CAD
- Greener replied Aug 10, 2014
I tend to agree on those levels but I would need confirmation as uptrend is a bit messed up now
Cable Update (GBPUSD)
- Greener replied Aug 10, 2014
some uptrend may revive at 16725....if not deep down in the hole
Cable Update (GBPUSD)
- Greener replied Aug 8, 2014
Carney next Wednesday will probably send cable to the abyss following some disappointment from job data...not sure how low it will be before he hikes...
Cable Update (GBPUSD)
- Greener commented Aug 8, 2014
don't think he's one of the few....many are on the same page. US recovery was fueled by an extremely loose monetary policy...chances are that economy might have become addicted to that. I see only risks ahead for US...
Jeff Gundlach Warned Us Rates Could Fall, And They Did — Here's What He's Saying Now