by Ramki | Oct 6, 2008 | Euro
Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met. Until we get there, it will be easier and more profitable to trade from the short side. When we reach a low-risk sell level, I will inform you through these...
by Ramki | Oct 6, 2008 | Jpy
Think the USD/YEN is toppy between here 103.65 and 103.90 and should come off to 102.45 later on.
by Ramki | Oct 6, 2008 | Kuwait
Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached that level. So naturally we wish to know whether the market will turn around here and head back to 14,200. kwse-21-sep-08 On balance, I think the chances of...
by Ramki | Oct 5, 2008 | Oil
The technical target for oil is in the low $86s. That level also is not far from the 61.8% correction of the rally from 49.90 to 147.27. Once we reach the low 87s, you should be wary of some serious short-covering. That buying could take the commodity back towards 103...