Eurusd/gbpusd - page 1422
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According to some news, FED is looking for excuse to avoid QE taper. And now with Japan doing exactly the same (just a little less than USA - $70 billion) there will never be an end to QE. All we can expect are rate cuts and more QE. Right now I am expecting to hear that ECB is starting QE too. This is becoming ridiculous
Does that mean that your opinion is that EURO will rise?
Does that mean that your opinion is that EURO will rise?
Yes
Having same interest rates as he others is not enough any more. If ECB does not start any form of QE (like US and Japan) it will lose this currency war and losing it now means rising against the opponents
Week no. are signals buy/ sell,trade week no. same no. all the week,every day ,24-h,5-days,trade with the trend -no indictors ,only week no.enter on week no.posted once a week on monday for all the week. use week no. as enter trade point.,news is just event that can speed up or down the price movment
rules:enter olso( +-)6-9p,or week no.
week no.(2/12/2013)
have a nice green week!
()
week no. gu----6338, 6380, 6403, 6398, 6440, 6463, eu---3551, 3573, 3579, 3611,3633, 3639,week no. eu---3611, 3579, 3573, 3551 was signal sell----3530 tp1 81p, tp2 49p, tp3 43p, tp4 21p, later week no. 3551 was signal buy------
()
Week no. are signals buy/ sell,trade week no. same no. all the week,every day ,24-h,5-days,trade with the trend -no indictors ,only week no.enter on week no.posted once a week on monday for all the week. use week no. as enter trade point.,news is just event that can speed up or down the price movment
rules:enter olso( +-)6-9p,or week no.
week no.(2/12/2013)
have a nice green week!
()
week no. gu----6338, 6380, 6403, 6398, 6440, 6463, eu---3551, 3573, 3579, 3611,3633, 3639,week no. gu---6398,6380, was signal sell----6350 tp1 48p, tp2 30p, later week no, 6380, 6398,6403 ,was signal buy---
()
GBP/USD
The pound also consolidated into a side corridor versus the dollar. Confidence to the sterling remains quite high due to the ongoing positive information on the economy and the absence of negative political statements.
The volumes of rising growth indicate a clear divergence. Therefore, this increase of the British pound may not be very long. However, the main target is the weekly resistance level 1.6500. Should the pair continue falling the target is 1.6313.
EUR/USD
The U.S. dollar slightly fell according to the dollar index losing 0.07% and continuing the trend of the previous week: growth versus the yen and the commodity currencies and decline against European currencies.
The pair is growing.
It is better to go long from the level 1.3620 for the target 1.3730 and with protective orders at the level 1.3590. Should the pair continue falling the target is 1.3490.
With expectations that ECB will not cut rates further the only possible trend for EURUSD is a bullish trend
Yes Having same interest rates as he others is not enough any more. If ECB does not start any form of QE (like US and Japan) it will lose this currency war and losing it now means rising against the opponents
So far you are right. Thanks
So far you are right. Thanks
Right now it is not to difficult to guess the longer term trend for EURUSD. If ECB starts with some QE (in any form or using any other name for it) then it will be a completely new ball game
EUR/USD
Euro markedly fell on Monday before the ECB meeting, ISM Manufacturing PMI in the euro zone as a whole were better than expected.
The rebound from the resistance 1.3600 allowed fixing the price below the support level 1.3560. The corrective recovery towards 1.3560 is more likely to end with pull back. The target of the rollback is 1.3490 - 1.3500.