EURUSD - Trends, Forecasts and Implications (Part 1) - page 212

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It is now possible to close at 0, by the way.
 
That's not how this snake was supposed to end. Something incomplete about that bounce.
 
And now it will be wrapped up - the Eurofound is just now correcting before a new rush downwards.
 
Unbelievable. Bounced back.
 
gip >> :
What was that all about anyway?

"EU commissioner Almunia: Eurogroup to discuss euro rise"


A good argument against all sorts of wavelengths. =)

 
The EUR target is 1.4450 if we break 1.4520 or 1.4650 if we bounce now, but I think the general trend is down.
 
I jumped to conclusions.
 

OK, that's it.

I don't understand Wolf, and I probably won't.

 

A comment from the Dow tape:

October 1. /Dow Jones/. The euro/U.S. dollar pair's rise from intermediate support at 1.4544-38 has been sluggish so far, but if that area and support at the Fibonacci retracement level hold, a retest of 1.4720 and 1.4845 is likely, says Commerzbank analyst Karen Jones. However, she is beginning to suspect that the market is not yet ready for the pair to resume rising and says that any break below 1.4525 would signal a deeper fall with a target level of 1.4440 followed by a 55-day moving average of 1.4375. At the time of writing, the pair was trading at 1.4567.

 

location of option levels at the moment

1...205206207208209210211212213214215216217218219...2305
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