EURUSD - Trends, Forecasts and Implications (Part 1) - page 6

 
Telepuzik писал(а) >>

Also agree, just have to wait for the entry point during the European session

Here is a corrected forecast based on M5

Green lines of price direction on M5

 
forte928 писал(а) >>

here is the adjusted forecast based on M5

Green price direction lines on M5

Only one thing is worrying a lot of news today

 

for the Eurodol

поддержка 1.4611\1.4559\1.4507\1.4475\1.4423

сопротивление 1.4643\1.4695\1.4748\1.4780\1.4832

 

And this is what I get:

the triangle on the clock goes....

 
TEXX писал(а) >>

And this is what I get:

the triangle on the clock is going....

>> it's a distant triangle, it's gonna break earlier by a lot.

 


My opinion is that eurusd will go down today by 100-150 pips

Triple resistance line touch + double top, let's see


 

I think there is a triangle on the small ones. And it should kick up now, maybe on Swiss news. We'll see...

 
Calendar for today,Tuesday, August 15, 2009:
GMT
08:30 UK Harmonised Consumer Price Index
08:30 UK Retail Prices
09:00 E16 Labour Cost Index, y/y Q2 3.4% 3.7%
09:00 Germany ZEW Economic Expectations Index September 58
. 9 56.1
12:30 USA New York Fed Manufacturing Activity Index September 12.1
12:30 USA Retail Sales Excluding Cars August 0.4% -0.6%
12:30 USA Retail Sales August 1.4% -0.1%
12:30 USA Producer Price Index
14:00 USA Business Inventories July -1.1%

 

12:30

July

DCLGhouse price index (y/y)

-9.5

12:45

King, Darling inflation and monetary policy/Inflation Report Hearings speeches

on the pound addendum, msg time

 

Dollar has worked off the bottom clearly now starting to move upwards....

The upside direction is corrected...the downside is fully worked out...the upside direction is corrected...the upside direction is corrected...the downside is fully worked out...