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Posts by "mandiwie"
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4 Posts by Anonymous "mandiwie":
I have found more cautious comments regarding forced Euro strength without fundamental support onhttp://www.newsnow.co.uk/h/Business+%26+Finance/Currencies
perhaps a very helpfulsite for your followers
http://www.thejakartaglobe.com/business/will-america-and-japans-monetary-policies-cause-the-euro-to-rise-further/398144
http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/biztalk/2010/September/biztalk_September37.xml§ion=biztalk
high RSI of nearly 70 on daily chart and the Bullish Percent Index (BPI) of over 90 % show similarity to the situation around january 14th (ca 86 %) ahead of the big sell off
a bullish sentiment has been purposely created by the institutionals to get the possibilty to get rid of their long positions
classical bearish evening star on march 25th at around 18 gmt, a shooting star has been formed ,the pendant to the hammer in early february, the probabilty is now very high that 1180 is the top, confirmation is looming due to the closing of S&P around 1165.
my conclusions big sell off in eurusd for sure, in yen-cross maybe
Greece 32,8 %
Italy 31,4 %
Spain 30,1 %
ireland 27, 3 %
Germany 5,8 %
http://fbkfinanzwirtschaft.files.wordpress.com/2010/03/bw-march-1_2010-merkel-germany-vs-europe.pdf
these figures reflect also, which nations are waiting in the queue next to be "supported" or "aided" or
"honoured" for their inabilties