EURUSD - Trends, Forecasts and Implications (Part 1) - page 756
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NZD will point the way
And where does it point the way?!
And where does it point the way?!
I said it would if it hit.
All roads lead down so far... :) All is not so great in Europe...
The euro was under downward pressure amid continued investor worries about the possibility of a downgrade of some eurozone countries' credit ratings, after it happened to Greece and after a negative outlook was changed to negative on Spain's rating.
"The euro and the British pound are likely to continue to suffer due to mounting concerns about sovereign ratings even amid relatively elevated risk appetite," said Omer Esiner, senior market analyst at Travelex Global Business Payments in Washington.
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The Swiss National Bank has promised that it will continue to limit the strengthening of the franc as long as the economic recovery remains uncertain.
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Investors did not pay much attention to the data which showed that the number of initial jobless claims in the US increased more than economists expected. The number of initial jobless claims for the week of November 29 - December 5 rose by 17,000 to 474,000. The figure for the previous week was not revised to 457,000.
At the same time on Thursday it became known that the US foreign trade deficit unexpectedly narrowed to $32.94bn in October as export growth was slightly higher than import growth.
Dollar Index: The index is likely to target the first resistance, which is the technical breakout level on the weekly charts.
For those interested, thoughts for tomorrow...
will it finally break through 1.4735 or not?
Tired of waiting for a TP order to close...
Will it finally break through 1.4735 or not?
tired of waiting for TP order to close...
It's not far to 1.4735, it'll probably get there...
1.4735 is not far away, it will probably reach...
thanks for the support, already closed;))))))
So, is it down in 15 minutes or an hour or two?
So, is it down in 15 minutes or an hour or two?
Japan, Australia will start trading after 02:00 MSK and we will see there.
EURUSD is about 60% likely to go down based on market sentiment.