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Posts by "drdeath"
6 Posts by member
DrDeath
(London, United Kingdom)
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Unfortunately I cant draw support there but its quite clear.
Ashraf, could you comment on that?
Could you please explain, where 1.32 number comes from, from the technical point of view? May be I am missing something but it doesn't look like it was some strong resistance before, no significant Fibs close to it as well. Why 1.32?
Thanks for your help!
Best regards,
Arsen
Now we have reached 1.3850, which is just 30 pips above major 50% Fib, how would you estimate chances for this level to be a bottom. Do you think it is possible that USD will continue its downtrend from here?
Thanks!