EURUSD - Trends, Forecasts and Implications (Part 1) - page 1063

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Well there is not much time left till March and if in a week it will be 1.41 then in March we are unlikely to see 1.33
and about April 1 we won't see it at all :)
1.38 легко.
We won't even see 1.37 now, but about 1.33 in March I agree.So far this post is the first in order, then everyone will be able to judge the validity by the true/false ratio. today it is 0/0. So I would hazard a guess that Euro/Dollar from 11.30 (that's +4 hours to Moscow) will go down to 1.36228
пока данный пост первый по порядку, далее достоверность все смогут оценить по соотношению верно / неверно. сегодня это 0/0. Итак рискну предположить что евро/доллар от 11,30 (это +4 часа к москве) цена присядет до 1,36228
3608, only is that a prediction?))The Americans are really not singing the praises of the dollar. They themselves are not so sure about further growth of the USD. There is always a risk. As for the Euroland, all opinions are in decline.
кто подскажет что бывает с ордерами когда такой большой гепп
например на ордре стоит тейк по цене 1,3000 а открытие дня по цене 1,3040 цена закрытия дня была 1,2900
When a gap occurs and the price crosses a stop or a take, the order is executed at your worst price - the stop slips and is not executed, while the take is executed at its price regardless of the gap.In 36.4 minutes, the quid's gonna go up. That was a joke, erase my message, noooooooooooooooooooooo
such jokes don't work here, only precise calculations...
Axel levels in english, but earlier
European Forex Technicals: Euro Recovering; More Gains Seen
LONDON (Dow Jones)-Rolling 24-hour chart levels:
Intraday EUR/USD: Builds on the recovery off Friday's 9-month low at 1.3443 to put pressure on the 1.3655 lower high, and confirms 1.3443 as a near-term bear failure. A break through 1.3655 would open 1.3675 and 1.3707, which protect the Feb. 17 lower high at 1.3789. Below 1.3602 would initiate further weakness back towards 1.3546 and the 1.3483 higher low.
Weekly chart EUR/USD trend: Bearish.
Intraday USD/JPY: A resistance cluster at 92.16 has capped recent strength to leave a higher high, lower close Friday and the threat is for renewed bearish pressure at 91.42. Below there would extend the setback towards the Feb. 18 higher low at 90.56, although this level sets a downside limit. Regaining ground above 91.90 would bring the focus back onto the 92.16, which protects 92.55.
Weekly chart USD/JPY trend: Range.
Intraday GBP/USD: Stages a good, albeit corrective recovery off Friday's 9-month low at 1.5350 in an attempt to retest the completed bear flag low 1.5537. However, the dominant bear trend is likely to cap gains in order to protect the downside gap at 1.5507, and the greater risk is for renewed bear pressure on the 1.5385 higher low.
Weekly chart GBP/USD trend: Bearish.
Intraday USD/CHF: Extends the sharp reversal off Friday's high at 1.0899, and suggests there is scope for further corrective weakness back to the 1.0644 support area. This area has become pivotal, and should therefore limit the immediate downside threat. Above 1.0773 would suggest a recovery towards the 1.0820 area.
Weekly chart USD/CHF trend: Bullish.
Intraday EUR/GBP: The near-term bulls retain the upper hand after forcing a break through 0.8745, and the focus is now on testing the Feb. 11 bull failure high at 0.8841. A break through there/0.8855 would strengthen the Jan. 28 reaction low at 0.8603, and open an upside target at 0.8894. Maximum downside scope is seen to the 0.8745 pivotal level at this stage.
Weekly chart EUR/GBP trend: Range.
Intraday EUR/JPY: Forces a break through 124.85 into fresh near term highs to extend the corrective recovery towards 125.93, and scope for pivotal resistance around 127.00 cannot be ruled out. Below 124.46 is required to provide relief, though only below 123.81 would question the near-term bullish outlook.
Weekly chart EUR/JPY trend: Bearish.
Intraday EUR/CHF: Remains confined within a descending triangle, and the triangle support line at 1.4635 is under renewed bearish pressure. A break below there would prompt weakness to 1.4606 and the Feb. 5 spike low at 1.4551. Corrective upside should face a cap below the Feb. 12 high at 1.4705.
Weekly chart EUR/CHF trend: Bearish.
Intraday AUD/USD: Stages a good recovery off Friday's low at 0.8880 to put the Feb. 17 high at 0.9035 back under threat. This level represent 61.8% retracement of the 0.9330/0.8578 decline, and a break through there would prompt further strength towards the 0.9093 lower high. Support lies at 0.8932 to protect the 0.8880 low.
Weekly chart AUD/USD trend: Bullish.
* The pivot is the sum of the high, low and close divided by 3.
For more technical analysis see: Dow Jones Newswires, N/DJTA; Bloomberg, NI DJTA; and Reuters key word search "INSI-DJN".
-By Francis Bray, Dow Jones Newswires; +44 207 842 9249; francis.bray@dowjones.com
Francis Bray is Dow Jones' chief technical analyst for Europe, and has worked as a technical analyst and trader for 20 years in London, Barcelona and Guernsey.
Data provided by CQG International Ltd.
(This article is general financial information, not personalized investment advice, as it does not consider the unique circumstances affecting an individual reader's decision to buy or sell a particular security or currency. Dow Jones does not warrant the accuracy, completeness or timeliness of the information in this article, and any errors will not make the basis for any claim against Dow Jones. The author does not invest in the instruments or markets cited in this article.)
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(END) Dow Jones Newswires
February 22, 2010 02:24 ET (07:24 GMT)
такие шутки не проходят тут только точный расчет..
There is no such thing as an exact calculation in forex. I would say a multifaceted, multi-factor analysis and working through several scenarios :)Looks like a hike to 1.37 failed, could go down in four or five hours.
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No, the downward reversal pattern has already formed. Looks like we're going faster.