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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
13 years ago
Aug 31, 2011 15:07
hum the bearish Gartley EURUSD is valid...pretty much. On CHF nope the SNB has no tools to keep CHF from rising.
digi
toro, Canada
Posts: 1040
13 years ago
Aug 31, 2011 15:06
U.S. Factory Orders July 2011
+2.4% vs. +1.80% exp. vs. -0.80% prev.


--------------------------------------------------------------------------------

QE3 in works ?

its what they re debating ?

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 15:03
and good # for factory orders !
digi
toro, Canada
Posts: 1040
13 years ago
Aug 31, 2011 14:48
U.S. Chicago PMI August 2011
56.5 vs. 55.0 exp. vs. 58.8 prev
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:45
puts purchasing power at 1.35 - 1.40 but he very downbeat about prospects to weaken the currency
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:43
swiss economy minister seems an honest sort of chap "Have to keep living with strong chf for some time"

and "Only SNB can have short term impact on chf"
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:17
if its a wave 3 in progress on the 1hr we will expect the 161.8% level at a minimum
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:13
linesmen will prob have a support line drawn to coincide with the 161.8% level 1.1508, near as dammit is to swearing.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:09
broken the tunnel and the gartley idea now lookin pretty invalid
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 31, 2011 14:06
often queried it with him but posts were ignored.