EURUSD - Trends, Forecasts and Implications (Part 2) - page 1670

 
margaret:
Many reasons contributed to the strengthening of the dollar on Friday. The Bank of Korea unexpectedly left interest rates unchanged, which led to purchases of the dollar/south Korean won pair. Vietnam devalued the dong and the People's Bank of China fixed the USD/Chinese renminbi one cent higher. Thus, when trading opened in Europe, the dollar was already in demand. Then, the EUR/USD fell to an intraday low of 1.3509 amidst rumours of an impending large selling of a basket of currencies against the dollar by a single US bank.

Where do we go from here?
 

U.S. trade balance news is no big deal ))))) the numbers are the same as they were

it looks like the fundamentals do not play a role... at least for now

 
Zet:

Where do we go from here?

Designated loser

http://www.spekulant.ru/magazine/2011/02_2011/Naznachennyj_luzerom.html

 

Well, FA aside, we should have been flying up by now

 
Zet:

Where do we go from here?
Waiting for Trichet's speech...
 
 
Garabala:

Well, considering the FA, we should be up there by now.


Do you think the volume of 138 is weaker than the volume of 34?


 
evbut:

Do you think that a volume of 138 is weaker than a volume of 34?


just below 229 and 147 are )

although if we get to the inactive 17b bullet, we go down

 
Down we go without being late or ahead of schedule.
 
Garabala:

just below 229 and 147 )

though if we reach the inactive pool 17b, we go down

It will not be this week - fact )) but these levels should be noted as targets for the first days of the next week... i tend to think that in the beginning of the next week we will get to 1.347

for the estimated value of the 6th knee (or whatever you want to call it) of one of the model is right at 1.3474 - HP