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16 Posts Total by "behof":
14 Posts by member
behof
(Essen, Germany)
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behof
Essen, Germany
Posts: 14
14 years ago
Mar 15, 2010 9:07
In Thread: EUR
Hi Folks !

Price bounced off the 62% Fib ratio near 1.3750.
I'm waiting for a rising volume => Selling climax bar
to go long .

Regards

Bernhard
behof
Essen, Germany
Posts: 14
14 years ago
Mar 15, 2010 8:50
In Thread: EUR
Hi Folks !

If EUR is breaking 1.3750 resistance level next target is near 1.3800
where some option barriers are sitting..

Kind regards

Bernhard
behof
Essen, Germany
Posts: 14
14 years ago
Mar 14, 2010 23:56
In Thread: EUR
Hi Folks !

By the way the 1.42-1.43 Zone is a nice 50% Fib retracement on the daily chart !

Regards

Bernhard
behof
Essen, Germany
Posts: 14
14 years ago
Mar 14, 2010 23:50
In Thread: EUR
Hi Folks !

I think the play of the big boys to hammer down the Euro is over.
Hopes are rising that Greece will do all they can to reduce their debt despite
all the rebellion inside the country.

I see a rebound of the Euro to the 1.42 resistance level.

Commercials are net long at extreme levels also the open interest.

Lets see what happens..

Regards

Bernhard
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