by Ramki | Oct 9, 2008 | Euro
We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been doing precisely this, undergoing a...
by Ramki | Oct 8, 2008 | Gold
Quite a few investors and traders whom I know have been betting big on Gold. For them, this post should should serve as an early warning of what is to come. Once the current strength wanes, the metal will simply fall off a cliff. The sell-off will be both swift and...
by Ramki | Oct 7, 2008 | GBP
The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The market is really nervous about which other big institution is sitting there with a load of worthless assets. ( As an amusing aside, this quip, also from...
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 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...
