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

EUR

Discuss EUR in this thread
 
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 31, 2011 1:25
cci trying very hard to turn around lolstochrsi+2ema trying to do the same ..lets see what happens lolgl:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 31, 2011 1:24
now we have price action bounce off 14330 (old resis) pushing higher but cci moving sidways +stochrsi+2ema still ticking down.might still be ok to be holding the shorts.and both idicators still well above the over bought area..gl:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 31, 2011 1:15
been messing around lately with the fibonacci trader software lol pretty cool stuff lol..ive loaded a couple indicators up cci(commodity channel index)stochrsi+2ema..when i apply them to eur$ @14350level both gave what i think was a clear short signal the cci was ticking down but price was moving up clear divergence and eur started to drop...plus stochrsi+2ema were both well above the overbought area plus moving ave crossed over each other..and again eur started to fall..do any of you guys use these indicators?if so was the read correct?thanks gl:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 31, 2011 0:09
EU approaching 4344 pivot high and 38.2% ret at 4340. Above that level is ext at 4368 and important cluster of resistance at 4447/4455.

Basically no change from last week.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 30, 2011 13:56
4228 and/or 4210 need watching for any further drift south. If the latter is broken would be an alert for further downside.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 30, 2011 13:42
A few things from MNI FX Bullets on Eurozone:


EUROZONE: May retail PMI 48.8 vs Apr 52.2 - Markit
- That was the lowest figure since October 2010, and also below the
long-run survey average (since January 2004) of 49.1. The latest PMI
figure was consistent with a broadly flat trend in official retail
sales (on a three-month on three-month basis) as produced by the EUs
statistical office Eurostat.


EUROZONE: Timeline of key events in the eurozone for next few weeks:
-- May 30/31 IMF technical assistance mission to visit Portugal
-- Jun 01 Portugal to sell 3-month T-bill for E750mln-E1.0bln
-- Jun 02 Spain taps 5-year benchmark 3.40% Apr 2014 Bono
-- Jun 05 Portugal general elections
-- Jun 06 Bank of Portugal releases data on banks
-- Jun 14 EcoFin meeting
-- Jun 14 Spain sells 12-month & 18-month T-bills
-- Jun 15 Portugal bond redemption for E4.934bn & coupon payment E2.02bn
-- Jun 15 Portugal to sell 3-mth, 6-mth T-bills for E750mn-E1.25bn total
-- Jun 17 Spain T-bill redemption for E6.308bln
-- Jun 20 Eurozone FinMin meet in Luxembourg
-- Jun 20 Portugal releases year-to-date budget report
-- Jun 21 Spain sells 3-month & 6-month T-bills
-- Jun 23/24 Head of State meeting


Ashraf
DaveO
UK
Posted Anonymously
13 years ago
May 30, 2011 13:31
Chloe, we will discuss the ABC's on skype to save me a lotta typing and irritation to others. Let me know when convenient. Its imporatnt to fully understand the various implications, not just the levels.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 30, 2011 2:10
gotta hit the sack now chloe. Will answer your teck Q tomorrow.
DaveO
UK
Posted Anonymously
13 years ago
May 30, 2011 2:08
The EU common currency idea has been completely responsible for making the piigs countries lazy and greedy, living way beyond their true income. It was all soooo predictable.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 30, 2011 2:03
tell me your current two step levels you are referencing.