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- 9 Results (6 Replies , 3 Comments )
- celtictiger replied Aug 23, 2012
Everything that is impacting German Export relevant markets is bad for the EUR as well... I am not Merlin but my opinion is that the EUR will at least come back to the 2370 area..if it breaks out to the upside 2670 will be the next target.. right ...
- celtictiger replied Aug 23, 2012
Re: — Of cause this is bad news for the US but also for the EU and all that with the unresolved crisis, since Germany requires the US and China to be strong to continue to be the EU power house..
- celtictiger replied Aug 22, 2012
New bull trend?? — I have also participated in the up move at least until 1.25..but honestly looking at the weekly chart next bear wave is possible..I agree that if ther is ral buy activity the price will hold up the whole week and then we ...
- celtictiger replied Aug 22, 2012
168.2 Extension target hit — I fully agree EUR/USD is now at multiple resistances...if it falls then it will beat up the bull pretty bad..
- celtictiger replied Aug 22, 2012
Trendshifting? — Maybe you are right. Right now I see no fundmental reasons for a gaining EUR/USD only the commercial pos. charts would support that right now.. Sill think it could be a simple stop grabber so dont start the party to early, if ...
- celtictiger replied Aug 22, 2012
Stop Grabber Over? — Looking at the long term main trend it is short! With this starnge move all stops have been grabbed and the next move should be down? Just and idea..
- celtictiger commented Aug 22, 2012
I agree this looks like a short term spike .... economy is doing well??? why would they discuss such measures...we will see.. EUR/USD is at a key resistance..but a break out could happen, therfore cortoll risk...
- celtictiger commented Aug 22, 2012
fully agree, short momentum is about to return also on higer time levels...until there haven not been any additional solid measure taken to stabalize the EURO no reason why the long side should dominate...also shorting the highs within the 1 hour ...
- celtictiger commented Aug 21, 2012
Anyhow the EUR crisis is not resolved..EUR/USD short, strong resistance at arround 1,2480..see no fundamental reasons why this level should be ignored..
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