EURUSD - Trends, Forecasts and Implications (Part 3) - page 834
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Repeat 03.11.11? Then we are down about 1400 pips in 2 months. Must have started falling yesterday as well?
Who thinks so?
With an entry point and a stop.
entry point 1.485, stop 1.476, target 1.5 flat.
Repeat 03.11.11? Then we are down about 1400 pips in 2 months. Must have started falling yesterday as well?
What do you think?
Try to compare the chart of oil and the euro, it will take away many questions.
Margaret has already said that history may not repeat itself.
entry point 1.485, stop 1.476, target 1.5 exactly.
Not rolling, my stops don't have more than 35p)))
Try to compare the oil and euro charts - many questions disappear.
Margaret has already said that history may not repeat itself.
You can see the edge of the market in the EUR and the same in oil.
Commerzbank technical analysts note that the single currency managed to overcome the 4-month resistance line at 1.4720, trading against the US dollar. The EUR/USD pair made new highs in the 1.4880 area.
Experts believe that within the next few weeks the Euro will hit 1.5000 and then the area at 1.5145/50 (the high of 2009 and 78.6% of the Fibonacci retracement of the decline from the high of 2008). If EUR/USD breaks up here as well, it could rise to 1.6040.
According to the bank, the bulls will lead the market as long as the pair trades above the mid-April low of 1.4156.
Technical analysts at Commerzbank note that the single currency managed to break the 4-month resistance line at 1.4720, trading against the US dollar. The EUR/USD pair made new highs in the 1.4880 area.
Experts believe that within the next few weeks the Euro will reach 1.5000 and then the area at 1.5145/50 (the high of 2009 and 78.6% of the Fibonacci retracement of the decline from the high of 2008). If EUR/USD breaks up here as well, it could rise to 1.6040.
According to the bank, the bulls will lead the market as long as the pair trades above the mid-April low of 1.4156.
Thanks. That's interesting. We'll be waiting.
entry point 1.485, stop 1.476, target 1.5 exactly.
Not rolling, my stops don't have more than 35p)))