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

EUR

Discuss EUR in this thread
 
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said
mulhouse, France
Posts: 2822
14 years ago
Aug 16, 2010 23:08
Leon Say
a old ministry of finance in france that has been instrumental in some events
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 16, 2010 19:35
Chloe, even if euro reaches 1.29 I don't see that destabilising gold from what I believe will be heading to 1270s in late Q3. W1.29 would only be a corrective move. Have to see clear break above 1.2940s for euro to regain its composure.
Ashraf
said
mulhouse, France
Posts: 2822
14 years ago
Aug 16, 2010 19:19
Leon Say
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Aug 16, 2010 18:11
XAUAUD maps EUR inversely ... however i don't see EURUSD reaching 129
chloethebull
Posted Anonymously
14 years ago
Aug 16, 2010 17:51
hi ashraf &forum...if we see eur climb back to 1.29...would that mean gold will pullback?an to what level(1200) or are there other events that will help gold continue to climb higher ie:wedding season --fed qe...ok thanks an gl:)
said
mulhouse, France
Posts: 2822
14 years ago
Aug 16, 2010 17:49
jean paul
do u see eurusd back 1.37

thanks ashraf
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 16, 2010 17:23
Said, ramdanak mubraka,

1.29 is certainly plausible. Aug 9 trendline allows for possible 1.29, w/ 1.2930s resistacne. but weekly techs still look negative.

it wouldnt hurt to play quick longs EURUSD while remaining short EURGBP and EURCHF

Ashraf
said
mulhouse, France
Posts: 2822
14 years ago
Aug 16, 2010 16:53
ramadan mbrok ashraf
we had a inverted corretive zigzag on eurusd 335 botoming at 1.2731
i see it back to 1.29
what do u think
Jean Paul
Haarlem, Netherlands
Posts: 8
14 years ago
Aug 16, 2010 12:35
EURUSD seems capped for now @1.2830/40 when this level break could see higher level towards 1.293 . For now still expect euro to weakening when we approach US opening
Lifaylon
Muscat, Oman
Posted Anonymously
14 years ago
Aug 16, 2010 12:10
@HMMalik
Looks like Euro is headed up again after a good correction of 600pips in 5days
The china factor is what gave Eur the uptick 3weeks ago Its playing-out again
Looks like the chinese have a say in FX-markets with their Huge reserves they can play around
NOW make profits in EUR is what they r doing
While $ stagnates....As they have a huge-layout in this Currency and is stuck its prudent to make profit on others and make good the loss in $ investments

When Economy takes a downturn Dollar will move-up again
Either way its a win-win situation for the Chinese
EUR shud see 1.2880 levels today
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