Euro Climbing to 1.3670 before 2007???
This questions is the one that a lot of people are making to themselves. Wait or not a new all time record for the euro and a new collapse of the greenback. In USA, Greenspan talk about a weak dollar for the coming time. True is that the euro is climbing strongly since 7 weeks ago, more than 800 pips, and is very close to a new high. The past week a recovery took place, this is the labeled as wave ((iv)) within a intermediate cicle wave (1), so maybe this is only the beginning. But if this retracement finish between the lower line of the base channel and the 0.5 fib zone, the fibonacci projections shows a wave ((v)) equal ((iii)) in a new all time highs as forecast show. If not it will be very close this high. If you do not understand how work the wave principle there is a tutorial and learning videos of how you can apply this to the market, and how is the correct use of it. This is a good tool if you use it with others.
{Link Removed, See Rule #2}
This questions is the one that a lot of people are making to themselves. Wait or not a new all time record for the euro and a new collapse of the greenback. In USA, Greenspan talk about a weak dollar for the coming time. True is that the euro is climbing strongly since 7 weeks ago, more than 800 pips, and is very close to a new high. The past week a recovery took place, this is the labeled as wave ((iv)) within a intermediate cicle wave (1), so maybe this is only the beginning. But if this retracement finish between the lower line of the base channel and the 0.5 fib zone, the fibonacci projections shows a wave ((v)) equal ((iii)) in a new all time highs as forecast show. If not it will be very close this high. If you do not understand how work the wave principle there is a tutorial and learning videos of how you can apply this to the market, and how is the correct use of it. This is a good tool if you use it with others.
{Link Removed, See Rule #2}
