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Greener replied Aug 8, 2014CAD and GBP are the more likely to weaken in August....EURGBP longs should be ok for another week or two
Cable Update (GBPUSD)
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Greener replied Aug 8, 2014cable always looks reluctant to fall but then falls...this will be routine for some time I think...I will take a position when things clarify probably after the summer
Cable Update (GBPUSD)
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Greener replied Aug 8, 2014I think that both Canada and UK are now playing the game US wants them to play...USDCAD upside target will be hit as well as cable downside target
Cable Update (GBPUSD)
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Greener commented Aug 8, 2014inmho USD can only afford to stay strong in summer when exports don't matter....in fall it is a different story especially when tapering ends
'In USD We Trust'; We Stay Short EUR/USD - Morgan Stanley
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Greener replied Aug 8, 2014I wouldn't rely on Fridays in general...however, there's a huge discrepancy between consensus and actual employment data...these expectations should materialize soon or later...
USD/CAD
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Greener replied Aug 8, 2014now you know how it works with USDCAD...never challenge an uptrend
USD/CAD
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Greener replied Aug 8, 2014from these levels it could be also consolidation...however I will take it as a sign of what is going to happen next
Cable Update (GBPUSD)
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Greener replied Aug 8, 2014if UK was to increase interest rates first...cable must drop massively prior to that....in UK, interest rates must increase at least marginally to avoid overheating in the housing sector
Cable Update (GBPUSD)
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Greener commented Aug 7, 2014given your nickname..it's clear where you stand
Pressure Intensifies for ECB’s Draghi
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Greener replied Aug 7, 2014have been silent as I am out now. My bias is still bullish as uptrend is still intact and there is still some upside margin left from this move. However it would be nice to see some retracement to enter long again. Problem is USDCAD does not have a ...
USD/CAD
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Greener replied Aug 6, 2014the results of a historically cheap currency are clear on the trade balance figure....employment data tomorrow should also reflect this positively.
USD/CAD
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Greener replied Aug 6, 2014I would like to see the very top first...I was expecting 1.1030 top but PA just looked like reversing now...once top is confirmed I am able to say something...however a major retracement should at least touch 10855-10820 area with a risk for ...
USD/CAD
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Greener replied Aug 6, 2014thanks...I will keep an eye on this waiting for some major retracement...upside still intact
USD/CAD
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Greener replied Aug 6, 2014I will be closing my trade a little in advance at 1.099...instead of 1.1...not sure what Russia is up to & expect positive data from Canada...It's a nice feeling anyway
USD/CAD
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Greener commented Aug 6, 2014don't expect too much from Yellen though...
Expect a strengthening dollar to drag the euro lower again
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Greener replied Aug 5, 2014I just looked at the momentum indicator with a 6 months timeframe...and it looks like there still margin for further upside based on historical records... not much but enough to get to 1.1...PA looks like topping atm....but if it stays above 1.0960 ...
USD/CAD
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Greener replied Aug 5, 2014if it does it will be fast...but chances are quite high after 1.1...I will set a pending order soon...a smaller one at 1.0855 as well
USD/CAD
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Greener replied Aug 5, 2014indeed...once we have 1.1 if we retrace nicely to 1.0820 at least...I will probably reload for 1.12...major trend is superbullish
USD/CAD