Archive for February, 2009
Forex Gut Feeling The market is proving very erratic and is moving on its own and not following any set correlations. One-minute risk aversion is the buzzword then is not, so all in a very difficult market. The market was very long of US$ and a correction happened taking ZAR to 9.8500 ...
Forex Gut Feeling The market is surely very volatile and factors that are influencing the market come and go like day and night. One-minute risk aversion is the buzzword then is not, so all in all, a very difficult market. The market I think is very long of US$ and a correction ... Forex Gut Feeling The market is surely very volatile and factors that are influencing the market come and go like day and night. One-minute risk aversion is the buzzword then is not, so all in all, a very difficult market. The market I think is very long of US$ and a correction ...
Forex Gut Feeling Once again the 10.23 level proved a major resistance, the ZAR strengthened on the back of bad US figures. The market I think is very long of US$ and a correction is immenent, which could pull the ZAR to the 9.85 level. The ZAR is still under pressure and ...
Forex Gut Feeling Once again all the news hitting the market is constantly bad and all currencies are taking a hammering. The ZAR is now under extreme pressure and looks likely to trade weaker to the 10.40 levels. The news out of Eastern Europe is causing a new wave of risk aversion ...
Forex Gut Feeling Much confusion in the market as all the markets senior policy makers failed to offer anything new with the various rescue plans. I still think the level of 9.85 is bottomish and I expect the market to be a bit quiet with the holiday in the USA. The trading ...
Forex Gut Feeling The ZAR had tried to break through the 10.23 level but once again there is a lot of resistance there and eventually strengthened back through the 10.00. I still think the level of 9.85 is bottomish and I expect the market to look at taking some profit initially and ...
Forex Gut Feeling The market has certainly reacted adversely to the Bank bail out plan, as it has not boosted confidence as Investors believe that it will still leave the economy exposed to a further decline. The market is certainly jig sawing around, but it still seems that 10.23 is a tough ...
Forex Gut Feeling The market has certainly seen the rate cut plus the imminent bail out package as a good omen for the market. The market is certainly jig sawing around, but it still seems that 10.23 is a tough nut to break and once again it showed its resilience at that ...
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Forex Gut Feeling The market has accepted the 100 basis points cut as assistance to households and the business sector. The market is certainly jig sawing around but it still seems that 10.23 is a tough nut to break and the ZAR shows some good resilience in the face of external pressures. ...
Forex Gut Feeling The market is certainly jig sawing around but it still seems that 10.23 is a tough nut to break and the ZAR shows some good resilience in the face of external pressures. I still think the level of 9.85 is bottomish and I expect the ZAR to make a ...
Forex Gut Feeling There is no direction at the moment and will stay volatile for the foreseeable future. I still think the level of 9.85 is bottomish and I expect the ZAR to make a move to the 10.40 levels. The trading range once again for the ZAR seems to be 9.75 ...
Forex Gut Feeling The ZAR has comes under pressure over weekend on risk aversion. There is no direction at the moment and will stay volatile for the foreseeable future. I still think the level of 9.85 looks a bit bottomish and I expect the ZAR to make a move to the 10.40 ...
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