EURUSD - Trends, Forecasts and Implications (Part 3) - page 938

 
Galina:
How the eu has stuck to its level.... Eh something's coming ))))

I don't know...everywhere (on all sites) they are writing about a further decline in the eurik.... the bears have won...

Wavehunters are talking about a strong decline. ZetM finally responded yesterday and showed his markup:


 
margaret:

I do not know ... everywhere (on all sites) they write about further reduction of the eurik....bears have won ...

Wavehunters are talking about a strong decline. ZetM finally responded yesterday and showed his markup:



Well I don't want to look that far yet...

In fact, I have this scenario:

The rebound is not too big, but its size will have to be defined yet of course.

The nearest target is 1.4063. And the final one is 1.3823 before the rebound. Something like that ))))

 
Galina:


Well, I do not want to look that far ...

In fact, I have this scenario in mind:

The rebound is not high, but its size will have to be clarified of course.

My nearest target is 1.4063. And the final one is 1.3823 before the rebound. Something like that)))

In my view we will not go below 1.4145-55 (at least not the first time, there should be a second or even a third hike)
 
margaret:

I don't know...everywhere (on all sites) they write about a further decline of the eurik....bears have won...

Wavehunters are talking about a strong decline. ZetM finally responded yesterday and showed his markup:


they are saying a reversal at 1.4275 and down to 1.404
 

models like this (cogs) are just an excuse to build up the shorts...
the bulls just fucked up the head and shoulders yesterday (didn't recover properly)...now it's going to be a drag,
with sharp breakdowns to the downside on stop-loss.
the quid also has room to grow...
imho everything.

 
2011.05.12 10:03:24 *IEA: The wave of rising oil prices has not yet ended, despite their recent decline
2011.05.12 10:03:48 *IEA: The oil market will be short of supply in the second half of 2011
201105.12 10:04:18 *IEA: World oil supply from Libya not expected in 2011
2011 05.05.12 10:04:47 *IEA: World oil supply fell by 50,000 bpd to 87.5 million bpd in April
201105.05.12 10:05:25 *IEA: OPEC oil production in April fell by 235,000 b/d m/m to 28.75 mb/d
2011.05.12 10:05:43 *IEA: OPEC oil production in April was 1.3 mb/d below January levels
2011.05.12 10:06:17 *IEA: Oil prices have yet to reach levels at which they will actually hurt economic growth
 
2011.05.12 10:10:32 *Junker: Euro overvalued against some currencies
2011.05.12 10:16:24 *Junker: Greece needs more fiscal consolidation
2011.05.12 10:18:27 *Junker: No need to talk about Greece's debt restructuring
2011.05.12 10:20:30 *Junker: Debt restructuring will destabilize Eurozone
 

Everybody says down, but I saw a divergence on H1 - I think it is up

If I am fundamentally wrong - correct me - gurus of thechanalysis

 

Components of the ECB monthly bulletin

- Eurozone HICP forecast for the current year revised to +2.5% from +1.9% previously

- Eurozone HICP forecast revised to +1.9% for 2012 from +1.8% previously

- Long-term inflation expectations revised to +1.96% from 1.95% previously

- Rising inflation risks are linked to unrest in the Middle East

- Eurozone GDP forecast for the current year revised up to +1.7% from +1.6% previously

- Eurozone GDP forecast for 2012 at +1.7% (unchanged)

- Forecast of long-run economic expectations at +1.9% (no change)

- Unemployment forecast for the current year revised up to 9.8% from 9.9% previously

- Forecast for 2012 revised up to 9.5% from 9.6% previously

- Forecast of long term unemployment expectations revised up to 8.2% from 8.3%

 
In the past two months there have been so many diverters... not a single one has worked... Also MACD is recommended to use on H4 timeframe. It's been there since yesterday. And a diver is just a diver... It's not an instruction for price to change direction.
Reason: