[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 788
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Naturally, I was expecting everything tomorrow)))
the greece deferral has been postponed until tomorrow... Well i wanted to say that if it was not postponed it would not be europe. more and more it feels like they have some kind of depressive group of junkies there.
At 1.3150 will you buy?
No, in my scenario three days north for sure, and then we'll see))))
So far, everything is going according to schedule:
On the Euro/Dollar pair, the important levels are: 1.3520, 1.3486, 1.3445, 1.3427, 1.3414, 1.3361, 1.3335, 1.3292, 1.3272 и 1.3236. Potential initial conditions for a downward move are forming here from February 24. Short-term downward movement is expected in the range of 1.3361-1.3335, breakdown of the latter should be followed by impulsive movement towards the level of 1.3292, upon its achievement we expect consolidation movement in the corridor of 1.3292-1.3272. At the moment we consider the level of 1.3236 as a potential value for the bottom, from which we expect a pullback to the level of 1.3236. Corrective upward movement is possible in the corridor of 1.3414 -1.3427, breakdown of the latter will lead to deeper correction, the target is 1.3445, breakdown of which, in its turn, will pave the way for further development of the uptrend of February 16, the first target is 1.3486.
ZS. Not my info, from Insta
And this is for Tantric )))))))
On the Dollar/Yen pair, the key levels are: 81.64, 81.27, 81.07, 80.90, 80.13, 79.72, 79.53 and 79.19. Here we are following the formation of a downward structure from February 24, but the initial conditions, at the moment, have not yet been finalized (correction of key targets is possible). We expect the continuation of the downward movement after the breakdown of 80.13, in this case the target is 79.72, in the corridor 79.72 - 79.53 the price consolidation. We consider the level of 79.19 as a potential downside value, upon the achievement of which we expect a pullback to the upside. Corrective upward movement is possible in the range between 80.90 and 81.07, breakdown of the last one will lead to deeper movement, here the target is 81.27, breakdown of which, in its turn, will lead to cancellation of the downward structure, in this case potential target is 81.64.
Well, I asked purely theoretically (no stops ((.)) What does Grandpa say on the USD/JPY - is there a reversal down soon?
And this is for Tantric )))))))
On the Dollar/Yen pair, the key levels are: 81.64, 81.27, 81.07, 80.90, 80.13, 79.72, 79.53 and 79.19. Here we are following the formation of a downward structure from February 24, but the initial conditions, at the moment, are not yet definitively defined (correction of key targets is possible). We expect the continuation of the downward movement after the breakdown of 80.13, in this case the target is 79.72, in the corridor 79.72 - 79.53 the price consolidation. We consider the level of 79.19 as a potential downside value, upon the achievement of which we expect a pullback to the upside. Corrective upward movement is possible in the range between 80.90 and 81.07, breakdown of the last one will lead to deeper movement, here the target is 81.27, breakdown of which, in its turn, will lead to cancellation of the downward structure, in this case potential target is 81.64.
EUR|USD heading for 1.325