by Ramki | Oct 28, 2009 | AUD
Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the other on AUD/USD. As for India’s Sensex, I think we have seen a near...
by Ramki | Oct 18, 2009 | GBP
On 5th October 2009, I posted an early warning to traders of Sterling Pound (GBP/USD)that there is something fishy about the decline from 1.6742, and we are likely to see another rally in the Pound. Trouble is, it is so damn hard to believe such calls, and when the...
by Ramki | Oct 13, 2009 | Gold
Almost a month back, I wrote in these pages that Gold will stay bid until it reaches at least 1069, and if sentiment remains strong, we could even see 1161. At that time, the precious metal was trading at 1016. Today, Gold has reached a record high and met that first...
by Ramki | Oct 12, 2009 | GBP
This is going to be a quick update. The chart explains it all. If we come below 1.5775, we shoudl come off to 1.5685 initially and perhaps a lot lower. Here is an update on the charts above
by Ramki | Oct 7, 2009 | GBP
The intra day charts looks like we could be staging a rally later today, especially if we dip towards 1.5860 a second time. The formation is clearly looking like an expanding ending diagional triangle, usually a pretty powerful indicator of a imminent reversal. So...
