EURUSD - Trends, Forecasts and Implications (Part 1) - page 1017

 
Niroba is selling a large consignment.
 

Hi all !!!

What's the prognosis for today ?

Looks like the eurik will still update the low in this move....

And give me a figure of 1.3470

What do you think ?

 
chepikds писал(а) >>

This LOC is a cruel thing :), I personally experienced the beauty of this method ;)

1.3750 is an interesting level, I completely agree, but no reversal upwards yet! A break-up of 3800-3840 will open the way upwards:

brutal is not the word)

The reversal today can be expected from unemployment at 4:30, before that either down or flat. Strange that the forecast has changed on unemployment, yesterday it was expected to go up and today it is flat...

 
Hi! It might update, but I don't think it's significant. Maybe 3510-25, I don't think it will go lower. Although, we will have to see what kind of pullback we will see after this move. If the pullback goes to 3670 somewhere, and then it will break this low again (3510-25), the target will be 1.33 somewhere, though I don't think it will happen.
 
syan писал(а) >>

brutal is not the word)

We can expect a reversal today from unemployment at 4:30, before that either down or flat. Strange that the unemployment forecast was changed, yesterday it was expected to increase and today it's flat...

That's right, strange.

Surely some kind of present has been prepared :)))

 

At fxteam 440 445

on forex factor have changed

 
As Columbia University professor and Nobel laureate Robert Mundell writes, the euro's rise will be contained at $1.40 over the next decade. "They have already paid in the past for an overly strong currency and can no longer afford such a high exchange rate. They will have to put limits on the growth of the euro."
 

Axel

EUROPEAN CURRENCY MARKET TECHNALYSIS: Euro to continue declining

Dow Jones Newswires column by Francis Bray, MSc Technical Analyst /MSTA/

LONDON, Feb 18 (ANI). /Dow Jones/. Moving charts for 24 hours:

Spot Quotes:EUR/USD pairU.S. dollar/Japanese yenGBP/USD currency pairUSD/Swiss franc pair
Spot as of 05.52 GMT1.357090.971.56561.0805
Three day trendDownUpDownUp
Weekly trendDownDownDownUp
200 dn cfr.1.426592.171.61481.5048
3rd resistance1.378992.101.58141.0885
2nd resistance1.372591.591.57821.0829
1st resistance1.363491.391.57301.0811
Pivot point*1.366190.931.57181.0744
1st support1.353290.431.56291.0750
2nd support1.348189.711.55981.0730
3rd support1.340189.251.55601.0700
Spot Quotes:Euro/British Pound pairEuro/Japanese YenEuro/Swiss franc pairAUD/USD pair
Spot as of 06.32 GMT0.8673123.421.46630.8968
Three-day trendDownDownSide trendUp
Weekly trendDownDownDownDown
200 dn cfr.0.8841131.411.50260.8630
3rd resistance0.8797125.931.47000.9093
2nd resistance0.8745124.851.46930.9035
1st resistance0.8707124.341.46710.9000
Pivot point*0.8698124.131.46770.9002
1st support0.8656122.901.46530.8920
2nd support0.8631122.261.46350.8889
3rd support0.8603121.951.46060.8860

*The pivot point is calculated as the sum of the high, the low and the closing level, divided by three.

/Continues/.

 

Cut another 16 pips. Now buy 3619, sell raised 3555... 64 pips to go

really want to deal with this lock today...

 
On the dollar franc look, if it maxes out now, the eu will definitely lose the euro.