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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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simao
casablanca, Morocco
Posts: 51
15 years ago
Mar 16, 2010 19:37
hmmmm, EUR EUR EUR, just down , what the hell you will be awaiting for .:D
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Mar 16, 2010 17:39
magess, if we close above 1.38 then next target is at 1.3840-45 = 38% retracement so we have to close above THAT for 1.40 to be in the bag.


Simao, Only way for EURUSD to hit 1.35 today or tomorrow is if we see something hawkish from Fed (discount rate hike, more dissent and language on reverse repo) and/or china raises rates.

Ashraf
simao
casablanca, Morocco
Posts: 51
15 years ago
Mar 16, 2010 17:35
hello ashraf, waiting 1.3550 after FOMC, what do you think?
magess
Selangor, Malaysia
Posted Anonymously
15 years ago
Mar 16, 2010 4:24
Ashraff,

Do you mean once it break 1.38, it can go to 1.40, is it?
PureStones
Korea Sout
Posts: 67
15 years ago
Mar 15, 2010 23:07
Hi all folks! thanks ashraf~ wish Good week start!
ross
Hawaii, United States
Posts: 37
15 years ago
Mar 15, 2010 21:23
I also express thanks for Ashraf's analysis! Here is a typical analysis of confusion: http://blogs.fxstreet.com/fxbootcamp/2010/03/15/forex-video-asian-outlook-march-16th-2010/

Ashraf is not confused! What a difference!
said
mulhouse, France
Posts: 2822
15 years ago
Mar 15, 2010 20:22
ok ashraf
thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Mar 15, 2010 20:20
Said, yes, hence, the beginning of the 3rd upleg in the US dollar.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Mar 15, 2010 19:43
ashraf

so that means the range bound trading since the 16 of feb is terminated.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Mar 15, 2010 18:33
i dont see 1.3850 in EURUSD.

HERE ARE THE CHARTS YOU NEED BEFORE BREAKFAST TOMORROW
http://bit.ly/338li


Ashraf
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