And Now EURUSD goes to MAX of 2007??

Hi Guys, i propose that we create this new thread to expose our Opinions about this doubt.... EURUSD goes or not @ max of 2007

Best regards to all

not - i dont believe for one sec that itll go that high

first of all - that the USD should fall that much now is not likely, and second - its not i europes best interest to have that strong a currency vs the US

so no way its gonna go that high...

52-53 maybe - but no higher... i dont think so!

It will even go above that level. Of course with some corrections in between.

But in 2007, when price get this actual values, everybody told..." impossible the market can't go up all time... and it takes 1,6035.

It's already gone past it!

In My Oppinion and as you can see in my follow chart EURUSD TF 4H, EURUSD is overbought, so i preview a retrace until support @ 1,5018 and than a up movemment again testing 1,5142 and 1,5270 . If we broken 1, 5018 we re-enter in a bearish channel and we call for support to a reverse scenario@ 1,4844.

Good evenning guys,

As i refer in my previews post 1,5018 was a zone of decision, we break it and now is a strong resistance again. In My oppinion now we have 2 possible scenarios:
1) break i,5018 again and we gonna up re-test 1,5150 and than 1,5270
2) below 1,4950 can take 1,4884 and than 1,4800.

another batle as begin, bears wake up when bulls are sleep, and now just time can give us the answers.


Best Regards.

Acho que anda por aki um gajo da minha mui nobre cidade INVICTA...

Sejas bem vindo..

Ora Viva... sim um tripeiro de gema... e em todos os aspectos

"The pause in Euro rally triggered by Dubai World debts payment delay so far expected to be temporary as after hit bottom at 1.4827, Euro recovered quickly, closed much higher at 1.4985 on Friday and the trendline support still did a good job prevented further bearish attack thus technically keep the bullish scenario intact, especially if price able to move consistently above 1.5062 today, which is technically potential to be tested after rebound from 1.4827. However, note that the false breakout from 1.5062 area (see my daily chart below) also hide a potential bearish view and price could make another downside attempt testing the trendline support and 1.4827 once again, especially if price break below 1.4920/00 area today. No one knows whether the impact of Dubai World is only a temporary panic reaction last week or will continue to shake world stocks market thus could bring the Dollar higher this week. The bias is bullish in nearest term testing 1.5062. Valid break above that area should trigger further bullish momentum towards 1.5140/50 area."
Setyo Wibowo