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Maso commented Apr 24, 2013It is called economic fluctuations.
German Ifo Confidence Declines After Winter Chilled Recovery
- Maso replied Apr 23, 2013
As far as I know, many traders have loaded shorts. The market is very critical at this level.
Cable Update (GBPUSD)
- Maso commented Apr 23, 2013
We still need more downward moves.
Irate Italian president begins talks on new coalition
- Maso commented Apr 23, 2013
If you think that you can encourage traders to load long on cable, you are wrong!
UK Maufacturing orders disappoint but output increases
- Maso replied Apr 22, 2013
Yes, that's why economists expect GDP approaching to 0.1.
Cable Update (GBPUSD)
- Maso replied Apr 22, 2013
What we may see on Thursday can be a poor GDP number. As the UK has been downgraded and also, the IMF hinted the UK economic system about their poor situation. So, its trend cannot be bullish.
Cable Update (GBPUSD)
- Maso replied Apr 22, 2013
I really don't know what it is. What I know is the G20 and IMF have had a comprehensive meeting last week. They have definitely made some important decisions which will be started to affect the market from this week.
Cable Update (GBPUSD)
- Maso commented Apr 22, 2013
Yes, the appropriate time is the year 2014.
USD/JPY Repeats Attempt to Break Above 100
- Maso commented Apr 22, 2013
As many of traders have loaded a massive amount of long position, it will never break 100. Instead, it eat their money through their stop loss.
USD/JPY Repeats Attempt to Break Above 100
- Maso replied Apr 22, 2013
Regardless of what is happening with Gold, both cable and fiber are bearish. Remember that Gold had a massive fall.
Cable Update (GBPUSD)
- Maso commented Apr 22, 2013
I don't expect to see 1.36+ soon. Despite that move, I would expect to see 1.28...
ECB's Constancio says a rate cut is always a possibility and is dependent on information
- Maso commented Apr 22, 2013
They play a game with "rate cut". One day, they say we cut the banking rates. Next day, they deny... again say and... It seems that they only have this tool for manipulating the market.
ECB's Constancio says a rate cut is always a possibility and is dependent on information
- Maso replied Apr 20, 2013
Well, the pair EG is generally bullish. Moreover, sterling is under the downward pressure. But anything may happen because of weaknesses of Yen. Because it helps USD.
Cable Update (GBPUSD)
- Maso replied Apr 20, 2013
We may see a big gap on Sunday. Look: Italy's Napolitano re-elected for 2nd term after Bersani resigns over presidential crisis url
Cable Update (GBPUSD)
- Maso replied Apr 19, 2013
As we are watching an impressive weekend, we then may see a gap in the opening of the next week.
Cable Update (GBPUSD)
- Maso replied Apr 19, 2013
Thanks mate for your invaluable analysis. Have a nice weekend.
Cable Update (GBPUSD)
- Maso replied Apr 19, 2013
You may explain what had happened. Can you forecast these movements before happening?
Cable Update (GBPUSD)