[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 98

 

The Aussie is now at 1.10 0.97 maybe 0.95 - there is incommensurably more money there than in the Euro and they have not yet reached the Euro. Sell stops put 1.38 - 37 - 36. (In the morning we wake up and the yew is under the table :))

 

What do you people have to say about this...

08.08.2011 21:36 GMT+1 - EUR/USD intraday: Under pressure.

Our pivot point is at 1.425.


Our view: SELL below 1.425 with targets at 1.412 and 1.4075.


Alternative scenario: an upside breakout of 1.425 would open the way to 1.43 and 1.435.


Analysis : From a technical point of view, the RSI indicator is below the neutral level of 50.

 
Kostya1545:

What do you people have to say about this...

08.08.2011 21:36 GMT+1 - EUR/USD intraday: Under pressure.

Our pivot point is at 1.425.


Our view: SELL below 1.425 with targets at 1.412 and 1.4075.


Alternative scenario: an upside breakout of 1.425 would open the way to 1.43 and 1.435.


Analysis : From a technical point of view, the RSI indicator is below the neutral level of 50.

say something yourself
 
2011.08.08 22:01:02 *US stock indices collapsed before the close of trading; DJIA -602 points
When the stock fell like that a year ago, the euro was flying in sync with it.
 
2011.08.08 21:51:47 *S&P: US downgrade has no direct impact on bank ratings
 
margaret:
2011.08.08 22:01:02 *US stock indices collapsed before the close of trading; DJIA -602 points
When the stock fell like that a year ago, the euro was flying in sync with it.

New crisis - cheap petrol, welcome - all into the quid!
 
Tantrik:

New crisis - cheap petrol, welcome - all in the quid!
2011.08.08 22:08:02 *Trading in the US closed with a decline in stock indices; the DJIA was down 634.76 points /5.55%/ to 10,809.85 points
Below 11,000 is already a flight down...
 
margaret:
2011.08.08 22:08:02 *Trading in the US closed with a decline in stock indices; the DJIA fell 634.76 points /5.55%/ to 1,809.85 points
Below 11,000 is already a flight down...

that's it! the euro is on its way.
 
2011.08.08 22:10:13 *S&P 500 closed down 79.92 points /6.66%/ at 1119.46 points; Nasdaq closed down 174.72 points /6.90%/ at 2357.69 points
2011.08.08 22:14:28 *DJIA posted its biggest one-day drop in points since December 2008
2011.08.08 22:27:14 *DJIA fell 634.76 points Monday, the sixth biggest one-day drop in points on record
 
Tantrik:

that's it! they're doing the euro now.
I have told all mine to put b/c of purchases...hopefully they have done so....