FOREX - Trends, Forecasts and Implications (Episode 19: September 2012) - page 122

New comment
 
lotos7:

"....After the European Central Bank meeting and Mario Draghi's press conference, the single currency continues to enjoy a bullish disposition, on the back of lower borrowing costs for Eurozone peripheral countries' bonds. However, despite some easing of investor concerns about the ability of troubled countries - to finance their debts - via bond markets, we remain cautious on the future prospects of the single currency.Firstly, the euro still retains a corrective character and, near 1.2874 - 1.2910, the upward momentum is likely to fade. Secondly, as soon as the market enthusiasm fades and the sentiment of investors regarding the single currency becomes more balanced, negative long-term economic factors are likely to come to the forefront again. The Eurozone would not be able to pave the way for growth of the single currency by continuing to build up debt. The appreciation of the Euro is therefore absolutely temporary.

That is why next week forecast assumes the initial decline of the pair from the previous high, approximately to the zone 1.2720 - 1.2660, and then, the pair will go up and correction termination of its growth, near the levels 1.2910 and 1.2874. Further, the forecast expects a reversal and resumption of the decline of the single European currency to the price levels: 1.2755; 1.2711; 1.2670; 1.2624; 1.2588; 1.2518 and possibly lower, towards 1.2456.

Looks like the truth, I'm in a correction in my indexes as well


 
M_Dimens:

Looks like it's true, I'm in a correction in my indices as well



He who is forewarned is forearmed...
 
went to wipe himself with a piece of paper that said 1.31
 
moskitman:
went to wipe himself with a piece of paper that said 1.31

that's right, the paper should say 1.32 )))) the cosmonaut will confirm ))))
 
Why are you racing up or down on Monday? It will be in a tight range until Wednesday until the German court rules, then we will see whether to go up or down. On Thursday, the FOMC minutes will again be awaited for hints of easing. If they give some hints and the court approves the money payout to the pigs - we will go up, not up, but down. If they don't give the hints and the court cracks down, we'll go down.
 
lotos7:

He who is warned is armed...
Arguing with faceless analysts is a waste of time, listening to their advice is a waste of money )))
 
artikul:
I think it's a waste of time to argue with faceless analysts and a waste of money to listen to their advice )))

I wonder why you're hiding in the smoke ... that's the reason ... the cloaker )))) There are down signals in the eurik ... have you started? ))
 

boredom without fairy tales... even lame ones ))) like this... and tomorrow - the day after tomorrow there's still a small peak...

 

maybe the pindos will at least whip this abomination, eh?

or is this going to be "the most flat day in eurobus history"?

 
Hz, price crawls down slowly on a negative volume delta, but periodically volumes increase a bit and the delta appears positive. Usually this happens before going up, but observations are short, I can't guarantee it :).
1...115116117118119120121122123124125126127128129...332
New comment