[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 7: September 2011) - page 20
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Help me figure out the oil picture.
Well, I'd add a few touches of red.
:)
The GEP is closed and you can fall again :)
Help me understand the oil picture.
The GEP is closed and you can fall again :)
more about that, please...
No need to elaborate on that. Everything is bad in Europe, and the SNB can give them a boost by selling the eu for the dollar. Margaret wrote and the terminal news said that the eu was mispriced and that the rise was just a technical correction.
Also look at the US fund, it's going down, the eu is unlikely to go up.
Don't overdo it.
My personal view is that the EUR has fallen out of the uptrend channel and today's rise can be seen as a test of the lower boundary of the channel, which it is holding so far.