EURUSD - Trends, Forecasts and Implications (Part 1) - page 957
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Здравствуйте друзья !
Сегодня говарят Бернанке выступает...
Интересно ускорит ли это движение евры наверх ???
Или может вниз :) ???
I read that the show was cancelled because of the snow ..... I can't remember where I read it, for the life of me
axel
/Continued/.
Dow Jones Newswires column by Francis Bray, MSc Technical Analyst /MSTA/
LONDON, Feb 10 (ANI). /Dow Jones/. Moving charts for 24 hours:
EUR/USD on the day: The former range low at 1.3851 helped limit the retracement rise from 1.3585 to 1.3840 and the pair is ready to test the support at 1.3718 again. An important higher intraday low is at 1.3692 and a break of this level will again allow investors betting on the decline to take control and target the pair at 1.3621. Only a break-up of the 1.3840-51 area will give an unexpected boost to the growth and it will target the pair at 1.3947.
EUR/USD on the weekly chart: It is in a downtrend.
US Dollar/Japanese Yen pair during the day: The pair is consolidating after declining from 91.28 to 88.55, but the market-dominating bears blocked the pair above 90.00 to target a higher low of 89.15. However, only a fall below the higher low of 88.82 will confirm the bullish failure at 90.02. A rise above 90.02 will target the pair at 90.50.
US Dollar/Japanese Yen pair on the weekly chart: Downtrend.
GBP/USD during the day: The pair continues to trade below the key level of 1.5756 as the downside betting investors, who now dominate the market, want to regain control of the situation and test the higher lows of 1.5562-85. Trading below this area, the downtrend will persist and the pair is likely to test Monday's low of 1.5537. Only a confident break above 1.5756 will improve the pair's short-term prospects and target the former range low at 1.5834.
GBP/USD pair on the weekly chart: Downtrend.
US dollar/Swiss franc pair during the day: The pair rose from Tuesday's low of 1.0609 and aims to test the 1.0684 level, recovering positions lost in the fall from the February 5 high of 1.0800. Prospects seem good for a breakout of that level, which would open the pair to 1.0708 and the lower high of 1.0747. Only a drop below 1.0609 would increase the downside bias of the pair and target the 1.0500 area.
USD/Swiss franc pair on the weekly chart: Uptrend.
Euro/British Pound pair on the day: Breaking through the resistance at 0.8759, the pair has difficulty in breaking towards 0.8855 and Tuesday's resistance at 0.8817 indicates that the pair may test the support area at 0.8748. A break of this level would weaken the upside pattern and target the pair to the higher low of 0.8689. A firm and quick reversal of the pair above 0.8817 is needed to support the thinking of the pair's rise to 0.8855 and 0.8956.
Euro/British Pound pair on the weekly chart: Downtrend.
Euro/Japanese Yen during the day: The pair continues to recover from Friday's low of 120.70 and projections from the higher low of 121.62 create room for a corrective surge above 124.28 towards the resistance area of 124.75-125.00. In order for the downside investors to take control, the pair needs to break below 122.36, which would take it to 121.62 and then to 120.70.
Euro/Japanese Yen on the weekly chart: Downtrend.
Euro/Swiss franc pair during the day: On its way up from Monday's bear trap at 1.4645, the pair is likely to test resistance around 1.4692-1.4700, although the dominant downtrend suggests that any rise above that area will soon be limited. A fall below 1.4663 would target the pair at 1.4654 and 1.4645.
Euro/Swiss franc pair on the weekly chart: Downtrend.
AUD/USD on the day: The pair continued its corrective rise from the February 5 low of 0.8578 and is set to test the upside targets of 0.8816 and 0.8852. However, only a sure break of 0.8852 will strengthen the pair's upside bias and target a lower high of 0.8924. In order for downside investors to regain control in the short term, the pair will need to break below 0.8705 to retarget at 0.8617 and the low at 0.8578.
Australian/Dollar pair: Downtrend.
I read that they cancelled the show because of the snow ..... I can't remember where I read it.
О !!! That's good news :)
We'll go up slowly :)
О !!! Новость какая хорошая :)
Значит медленно наверх полсти будем :)
nope, we won't! cancelled because of snow - and the snow is "falling", so - there must be a fall in all currencies, and then a performance - and then a rise %))
(just kidding, but as a version is possible)...
nope, we won't! cancelled because of snow - and the snow is "falling", so - there must be a fall in all currencies, and then a performance - and then a rise %))
(just kidding, but as a version is possible)...
Hehe :-)
The joke comes to mind:
American market: a lot of activity going on - everyone is hustling, bustling, buying and selling. One trader is sitting quietly, philosophically looking out of the window and says:
- "here, it's snowing...".
The traders at the next table are quick to respond:
- "sell fast!!!"
On a more serious note, here's what Dow Jones writes:
"The rise in the euro/US dollar pair is offsetting the extreme sentiment and momentum indicator values generated last week, Barclays Capital noted. Nevertheless, as the pair failed to close above 1.3775 and failed to break above 1.3860 at the end of the week, the bank still forecasts its fall with targets of 1.3270 and 1.29 in Q1. At the time of writing, the pair was trading at 1.3794."
The news and the reaction to it are contradictory, i.e. the main driving forces have not yet decided on the direction (IMHO). Eh, I wish I had a time machine :-)
eur pound if it reaches 0,8832,.... if it reaches it can settle a bit (before news).... and poundfrank to 1,6604.... and better on the fence before news..... say safer)))))
YES YOU !!!!!
Eur pound at the start of the move !!!!
Sens !!!
Bought it !!!!
0.8918 he's got a profit !!!