EURUSD - Trends, Forecasts and Implications (Part 1) - page 838

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I guess the first support survived, despite the provocation....
 

as well as 1 resistance line 4485 is gone

so until the news 15-30 we are in the corridor !?

 
well in general for the future 1-2months bullish on the eu that is????
 
basile >>:
ну а вообще на перспективу 1-2мес быки по евре то есть????

fundamentally, nothing has changed since the beginning of December,

rates remain the same and are not going to go up,

Bernanke was re-elected,

the dollar issuance is still going on, the printing press is running,

the EU is not shaking too much.

So a return to 1.5 if it stays like this is inevitable, IMHO

 
Particular attention should be paid to the US jobs data to be published on 8 January. This labour market indicator is considered one of the most important signals of economic recovery. If the data surpasses expectations, the dollar rally will accelerate.
 

The latest survey of banks and currency dealers by Dow Jones Newswires showed that analysts expect the single European currency to be worth $1.40 by June 30, 2010 and the dollar to strengthen to 95 yen.
Concerns over the government debt of Greece, Ireland and Spain, members of the eurozone, will continue to favour the dollar against the euro, as will the deteriorating fiscal situation in the UK.

Currency trading will be chaotic this week, experts predict. As trading volumes have fallen sharply due to the holidays, there could be "strange trading trends", says Camilla Sutton of Scotia Capital. Things will stabilise after the 8th - we'll go down either fast or slow.

 
13:00 Eurozone December Industrial orders m/m - Industrial orders m/m -2.2% -0.9% 1.7%

15:23 Eurozone December Producer price index (m/m) - PPI m/m 0.1% 0.2% 0.2%

all bad going down

 
Jan 6 /Dow Jones/. A sharp fall in the euro/US dollar pair from 1.4480 to 1.4280 has brought market bettors back in control, Lloyds Banking Group said. The pair's downside potential remains unchanged amid expected more favourable Institute for Supply Management /ISM/ non-manufacturing data and Automatic Data Processing /ADP / private sector job numbers to be released later on Wednesday. This argues in favour of selling the pair on any rise, according to the LBG. At the time of writing the EUR/USD was trading at 1.4356 against an intraday low of 1.4282
 
fasklo писал(а) >>
Special attention should be paid to the US jobs data which will be released on January 8. This indicator of the state of the labor market is considered one of the most important signals of economic recovery. If the data beats expectations, the dollar rally will accelerate

Tomorrow will be the jobless claims news, I think it will determine everything. The U.S. forecast is bad.

 

The students are writing some bullshit. "A sharp breakout". It hasn't even reached the bottom of the horizontal channel. Did they write that there was a "spike" the day before yesterday?

Like

"A 15-point surge paved the way for the psychologically important 2.0... "The local bulls took full control by cutting the communication cable from the central booth..."

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