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8683 Posts Total by "daveo":
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DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
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DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 22, 2014 9:36
In Thread: EUR
It took out the 1.6516 confirmation level I mentioned was necessary for the bull case
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 22, 2014 9:32
In Thread: EUR
The GU bull prevails
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 22, 2014 9:23
In Thread: EUR
EU reversed at the 1.3575 target as suggested and GU reversed at its sym target of 1.6490. Exactly what I was trying to portray last night, alas I was misunderstood. GU news in 10 mins so let's see if the wave count agrees with the news or whether the bull will now win. Jury still out.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 23:52
In Thread: EUR
It would take more than that "to confirm the 6250"

Sounds like I am being misunderstood across the board, I will shut up:-)
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:56
In Thread: EUR
But of course we have to trade that. USD correlations also changed.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:55
In Thread: EUR
Unfortunately the mkt has become data responsive again, which is foolish considering the quality of most data.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:53
In Thread: EUR
In reply to Qingyu's post
I am bearish GU for 1.6250/6180 unless 1.6516 exceeded first
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:42
In Thread: EUR
In reply to Qingyu's post
nothing much for BOE to do if they are happy with the ccy
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:25
In Thread: EUR
In reply to Qingyu's post
Public sector net borrowing shock ? lol.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Jan 21, 2014 21:21
In Thread: EUR
As for the EU, needs to break above 3575 for bulls. It bounced off the September trend support line both today and yesterday. If it can break that for bears I have a confluence support target at c.3350 which includes the 200 DMA for next potential port of call.
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