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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Nov 9, 2011 10:55
dunno what happened ...is it It 10 y yield 7.3% bailout zone? With no money in EFSF?
Qingyu
manchester, UK
Posts: 1763
12 years ago
Nov 9, 2011 8:09
althrough chinese cpi and ppi drop, i still dont think they will print money boost economy.

chinese officials thought Ezone crisis will not seriously affect export, cuz chinese exportation is day to day consume product, for instance 08 didnt hurt chinese export.

and rumour said, officials believe businessman bluff, cuz they have said no profit have to bankruptcy since 06, but still live.
subway90
Posts: 1078
12 years ago
Nov 9, 2011 6:42
still favor move higher and test of 4100 level b4 drop to 3500....
only break of 3655 confirms move lower to test 3450/3500 support...

but as long as we don't see weekly close below 3500 level... see one more leg higher to test 4300/4350 resistance b4 deciding which way to go...

i expect 3500/4300 range for the rest of the year....

gl/gt

Klondike
Idaho, United States
Posts: 27
12 years ago
Nov 8, 2011 22:28
No way 140. Euro distribution selling since 2008.
Sir Ignore
United States
Posts: 3068
12 years ago
Nov 8, 2011 22:14
aye, cat.
Olivier
London, UK
Posts: 63
12 years ago
Nov 8, 2011 22:11
Klondike, I think you got me wrong too: just because i think that this current euro rally has more to go (mainly due to more short covering), it does not mean that i believe in it at all! It is one of those rally that has me shaking my head to see euro flirting with 1.40 again in view of the utter mess and the terrible situation that Europe finds itself in at the moment.
Still, one has to trade what one sees on the chart and not what one thinks ought to happen; i can easily see further upside with some resistance every 100 pips or so (circa 3950, 4050 & 4150)
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Nov 8, 2011 22:02
my call options expire dec,6th ...
Sir Ignore
United States
Posts: 3068
12 years ago
Nov 8, 2011 21:55
if you look back thru daily to last june july some serious resistance
Sir Ignore
United States
Posts: 3068
12 years ago
Nov 8, 2011 21:53
both significant highs and lows 8/11... took 2 months from previous tops and bottoms..time period seems right...
Sir Ignore
United States
Posts: 3068
12 years ago
Nov 8, 2011 21:49
would say 4544 for a daily double top tp

same reverse correlation usd/chf