[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 102
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1.4186 buy limit still to pour in.
EUR/USD has been at 1.42 for 5 months now. If it doesn't break through 1.40, the Euro will start strengthening towards 1.72!
Forecast on currency pair EUR/USD from 22.07.11 http://www.finbk.ru/forum/download/file.php?id=498&mode=view
Forecaston currency pairEUR/USD from 28.07.11 http://www.finbk.ru/forum/download/file.php?id=461&mode=view
Forecaston currency pairEUR/USD of 09.08.11 http://www.finbk.ru/forum/download/file.php?id=557&mode=view
At the beginning of 2012 the EUR/USD EUR/USD could move towards 1.72 http://www.finbk.ru/forum/download/file.php?id=556&mode=view
closed, buy limit 1.4170.
On the RTS index, there could be a small bounce up from the support level of 1600 points, because there are two strong support levels at this value. The target remains the same - 1500 points.
It is not the beginning of the second wave, with a big probability, on RTS we will see the pre-New Year's rally!
Forecast on RTS from 09.06.2001 http://www.finbk.ru/forum/download/file.php?id=372&mode=view
Forecast on RTS of 28.07.2001 http://www.finbk.ru/forum/download/file.php?id=470&mode=view
RTS forecast of 09.08.2001 http://www.finbk.ru/forum/download/file.php?id=552&mode=view
The exchange rate of the Rouble is directly dependent on the oil price. The nearest serious resistance level for the Rouble is at the psychological mark of 30 Roubles per $1.
During the second wave of the crisis there will be another devaluation of the rouble - this will be due to a collapse in oil prices.
Forecast on currency pair USD/RUB from 29.07.2011 http://www.finbk.ru/forum/download/file.php?id=547&mode=view
Forecaston currency pairUSD/RUB of 09.08.2011 http://www.finbk.ru/forum/download/file.php?id=553&mode=view
The global collapse of the American Dow Jones will start in 2012.
Once the price exceeds the psychological 13000 level, the Dow Jones index will plummet down to at least the 4900-5000 point price range. - That will be the 2nd wave of the crisis.
Dow Jones index forecast from 29.11.2010. http://www. finbk.ru/forum/download/file.php?id=527&mode=view
Until the beginning of 2012, we will see a pre-New Year's rally in all world stock markets.
Dow Jones Index forecast from 09.08.2011 http://www.finbk.ru/forum/download/file.php?id=555&mode=view
No matter what decisions the President or Congress of the USA makes, no one can stop the 2nd wave of the crisis!
The transitions from one economic cycle to the next are accompanied by corrections (crises).
Crises in financial markets are cyclical, they are as natural as winter - spring - summer - autumn.
Knowing that after the autumn will come the winter, we prepare ourselves and buy winter clothes.
Crises cannot be avoided, you have to prepare for them and calmly wait them out.
The nearest serious support level for Brent is in the $90-92/bbl price range.
During the second wave of the crisis, oil could crash into the price range of $15-$20 a barrel, depending on the grade. http://www.finbk.ru/forum/download/file.php?id=550&mode=view
Brent oil forecast from 28.07.11 http://www.finbk.ru/forum/download/file.php?id=464&mode=view
Brent oil forecast of 09.08.11 http://www.finbk.ru/forum/download/file.php?id=554&mode=view
Even though Stranger advised me not to look at the weekly TF, for some reason we are updating lows but not breaking through the highs
D1 downtrend channel, weekly is doing well - going up.