[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 52

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Temnyj:
Which GEP? Which pair?
Oh, sorry - euro/dollar.
 
RekkeR:

http://news.liga.net/news/N1114684.html

IMF to give Portugal money for economic recovery

They've been flooding every website with this information for two weeks now....eyes are averted from something...

Greece was promised a favourable bailout plan, so now Europe is afraid how the new debtor countries will look at it, won't they demand the same conditions....

 
A three-year, €78bn loan to distressed Portugal from the International Monetary Fund (IMF) and the EU will plunge the European country into a two-year recession. These are the estimates of government experts who have analysed the consequences of such a bailout of the country's economy.
 

The Aussie and the Euro have found support everywhere, the Euro should correct upwards (1.4420 - 1.4490 reversal zone) to break away from the weekly trend.

 
The euro is suffering losses against major currencies amid growing market worries about the EU debt crisis.
On Friday the international rating agency Fitch downgraded Greece's credit rating and Standard & Poor's said it may downgrade Italy's credit rating.
The euro is also under pressure due to the fact that in the last local elections in Spain, the opposition People's Party won a landslide victory. The ruling Spanish Socialist Workers' Party suffered its biggest defeat in 30 years.
The dollar is being supported by a rising demand for currencies with a save heaven status.
The dollar's gains may be limited amid expectations for US macroeconomic data to be released this week. The expected data may show a decline in durable goods orders and a contraction in consumer spending, which would indicate that the growth rate of the world's biggest economy may slow down.
 

Currency strategists at Credit Agricole note that the market sentiment towards the EUR/USD pair has significantly changed for the worse for the euro.

Experts note that for a long time the dynamics of the single currency against the US dollar have been determined solely by the interest differential between the eurozone and the United States. Nevertheless, market attention has now shifted back to the European debt crisis.

Analysts are also reminded that the second round of the Fed's quantitative easing programme is coming to an end. The latest FOMC meeting minutes clearly show that the US monetary authority has already started looking for the most effective way to roll back monetary stimulus measures, thanks to which the dollar will get support, according to the bank.

According to Credit Agricole, the euro will remain under negative pressure until the rate returns to levels above 1.4520. In order for the European currency to visit the recent highs again, large purchases of the Euro or positive events for the Eurozone are needed.

 
margaret:
The euro carries...
The rise of the dollar...

The public trends in FA change more frequently than the intra-hour trend in the forum, shockingly paradoxical, as an example - Japan was sinking, the yen was rising. The global capital market is ruled by the Americans, whose interest in a strong dollar, in a situation with one foot in the debt hole, is highly questionable. The U.S. shifts its problems to other countries, giving out loans to pay off bubbles of emerging crises.

It is easier to focus on the tools and figures of thechanalysis, eliminating agrikols, goldmans, saxes and other restaurateurs from the menu and duck diet. ))))

Like Igor Tantrik, draws lines and no headache from the quack quack from the djforex speaker.

 

option two: decline without rolling back 1.3764 (prediction is prediction, but what about TS? - and TS is selling)

 

Settled the pounddollar a minute ago.

And Eurodollar with 0.02 lot as well.

 
Dimka-novitsek:
Settled the pounddollar a minute ago.
Risky, it's good if the move continues. What if there is a pullback or a short-term trend change?
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