[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 6

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Don't be cheeky Margaret and Yusuf, can you show the pictures if you don't mind and what are your thoughts on the bounce? There will be a lull tomorrow and then it looks like a sharp drop. Mercantile interest in the selves to get higher.
 
kamihadze:
Don't be cheeky Margaret and Yusuf, can you show the pictures if you don't mind and what are your thoughts on the bounce? There will be a lull tomorrow and then it looks like a sharp drop. Mercantile interest in the selves to get higher.
 
21april:

Minimum 1.36(was 1.3640 Alpari) and on Asia a bounce up...Fundamentals - news tomorrow !

* Slightly lower, i.e. to 1.3580 (pips)
 
kamihadze:
Don't be cheeky Margaret and Yusuf, can you show the pictures if you don't mind and what are your thoughts on the bounce? There will be a lull tomorrow and then it looks like a sharp drop. Mercantile interest is to push the divisions higher.
There is no fundamental reason for risings, only for declines. Just look at the stock market, they drop even more than the euro/dollar. I do not have a grail for the pair, the correction has been crying for a long time, but alas, nobody needs it for buying. 1.3405 is the 50 Fiba level (1.1872-1.4939) + lower boundary of the weekly chart's Ishimoku cloud.
 

Major indices

Dow 11,700.42 -254.59 -2.13%, Nasdaq 2,608.50 -75.91 -2.83%, S&P 1,223.43 -29.87 -2.38%

 
Here we go 1.365 up, trying to refill the selves.
 
margaret:

Major indices

Dow 11,700.42 -254.59 -2.13%, Nasdaq 2,608.50 -75.91 -2.83%, S&P 1,223.43 -29.87 -2.38%

Fear not, the EU is already here

-----------------------------------

" Barroso and Van Rompuy to continue contact with eurozone representatives on Greek issue
" EU also in contact with Papandreou and B20 leaders

* Emergency Greek cabinet meeting scheduled for 8pm Moscow

Keyword: ECONOMY

 
Do you think that now everything will be urgently solved and the euro will jump up on the background of positive decisions?
 
kamihadze:
Do you think that now everything will be urgently solved and the euro will jump up on the background of positive decisions?

What was riding the bubbles to 1.42... and who are the investors who believed it all?
 
Well, if you look at the weekly chart, then you should have a small correction to the top. I do not lay out the chart, many people have the Camarile, you can check there and on the history how often such outflows outside the range occur.
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