EURUSD - Trends, Forecasts and Implications (Part 1) - page 2198

 

Here's a description of the trading tactics for this turkey. Thanks to Goje for the tip:)

I will read it tomorrow.

By the way, news for tomorrow:

Sat 25.05

- High impact
- Medium impact
- Low impact

Time Country Macroeconomic data Period Fact Forecast Previous Impact
10:00 Switzerland UBS Consumption Indicator April n/a n/a 2,7%
12:30 UK Revised GDP growth data 1 quarter n/a 0.3% qoq 0.2% q/q
12:30 UK Approved mortgages April n/a 38.300 34.900
12:30 UK Services Business Activity Index March n/a 0.2% 3m/3m 0.4% 3m/3m
13:00 Eurozone New Industrial Orders March n/a 2.3% m/m 1.5% m/m
17:00 USA S&P/CS House Price Index March n/a 2.5% y/y 0.6% y/y
18:00 USA CB Consumer Confidence Index May n/a 59,1 57,9
18:00 USA House Price Index March n/a 0.0% m/m -0.2% m/m
18:00 USA Manufacturing activity index May n/a 25 30
19:15 USA FOMC member James Bullard speaks n/a n/a n/a n/a

 
FreeLance >>:

думаю, что если 1.246 евродоллар пробьет - повалит ниже...

но с 18/06/2010 - точно на север

 

uni

 

Isn't it time for a correction at the very least, my friends?

 
Alexan писал(а) >>

Isn't it time for a correction at least, my friends?


base? what goals did we reach? at 1.2144 from the support might bounce back a little

Although, given that we broke the nearest important low at 1.2294, maybe we should shelve to gather the strength to break 1.2144

 
Alexan >>:

Не пора ли на коррекцию как минимум, други мои?

I think the euro, poor thing, has had enough of its falls It's time for it to go up
 
Alexan >>:


Alexan, check your personal line.
 

What's up? Strong downward trend, the correction was last week.

Now only down.

 
Bicus писал(а) >>

What's up? Strong downward trend, the correction was last week.

Now only down.

Where else do you plan to fall without stopping?

Are we drawing a double bottom? Or into the abyss?

May 25. /Dow Jones/. Rising tensions over North Korea and growing fears over the eurozone banking sector have sent the US dollar higher and the euro lower. Deteriorating global sentiment was reflected in stock indices, with most Asian and European indices falling sharply. Strong US data expected later in the day will only strengthen the dollar's uptrend. Meanwhile, an increase in the LIBOR rate for the dollar is expected to further weaken the euro. At the time of writing, the euro/dollar pair was trading at 1.2229, while the dollar/Japanese yen pair had fallen to 89.76. The British pound/dollar pair fell to 1.4300 as spending cuts raise fears of slowing economic growth.

25 May. /Dow Jones/. The euro/U.S. dollar pair's rise has run out of steam and the pair is under pressure again, Commerzbank's Karen Jones notes. The main support for the pair is located at 1.2135 and it may still hold and the pair will rise to the 1.2735-1.2850 area, Jones says. A break below 1.2135 would risk the pair falling to 1.1957, 1.1832 and possibly the October 2005 low of 1.1640.
 
Alexan >>:

Докуда планируете падать еще без остановки?

Не двойное ли дно рисуем? или в пропасть?


To where - I cannot say. But there is no reason for the euro to rise.
Reason: