EURUSD - Trends, Forecasts and Implications (Part 1) - page 346

 
I think that the EUR will go up to 1.53-1.54 for about two and a half months and in the beginning of January a pullback to 1.44 and maybe even to 1.41 will start.
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The upward movement is slow, creeping, with almost no pullback. So it's a long time coming, someone is quietly dumping the quid on all fronts so as not to spook it...
 

It's been leaking for a long time... and indeed on all fronts...

That's the answer to the question "Who are the bastards?". They're the ones who are dumping billions of dollars.

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Everyone is dumping the quid. The quid was the single currency of settlement, everybody had it. The quid was a reserve currency and was popular because of the weakness of national currencies.

I can tell from the people around me, everyone has shifted their savings from the quid to either rubles or euros.

 
gip >> :

Everyone is dumping the quid. The quid was the single currency of settlement, everybody had it. The quid was a reserve currency and was popular because of the weakness of national currencies.

I can tell by the people around me, everyone's converted their savings from quid to either rubles or euros.

Come on... Rubles, comrades, everybody into rubles!


(quietly filling up on quid)

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Here was the forecast, by the way:

NikT_58 19.08.2009 14:25


Обратите внимание на то что все (почти все) ждут волны (второй) кризиса.
А кого обувать, если все готовы тоесть вышли, а?
Нет ребята такого не бывает.
ДОУ в 10000, а там поглядим.

 
Here comes the correction, from the weekly target.
 

 
Alexan >> :

It's been leaking for a long time... and indeed on all fronts...

That's the answer to the question "Who are the bastards?". They're the ones who are dumping billions of dollars.

>> that's right -- they've been draining it since the beginning of the year.

so buy trades priority!



 
break писал(а) >>
Here comes the correction, from the weekly target.

This is a correction from the day's target...