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Thread: Euro Move ?

  1. #1
    fxprincess
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    Default Euro Move ?

    Euro Is In Uptrend Supported By Moving Averages.

    It Is In Consolidation After Last Bullish Movement .

    The Voltality Is Low.
    Currently Its Consolidating .

    It May Find Res: 1.4150-60 & Sup : 1.4110-30.
    -------------------------------------------------------

  2. #2
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    1.4490 first, if broken then 1.5004

    1.4490 should form a very strong consolidation level and a barrier.

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    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Quote Originally Posted by junglelion View Post
    1.4490 first, if broken then 1.5004

    1.4490 should form a very strong consolidation level and a barrier.
    Due to oil prices and presiden elections in US in 2008 we can expect that EUR/USD will try to break 1.45 and I think we will see atempt to reach 1.50 in December.

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    Quote Originally Posted by FX Open Manager View Post
    Due to oil prices and presiden elections in US in 2008 we can expect that EUR/USD will try to break 1.45 and I think we will see atempt to reach 1.50 in December.
    Especially if Hillary (beat the war drums) Clinton gets in it's goodbye dollar
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    1.45 reachable but 1.5 is too much i guess.... if dollar keep going down, not good for world economic...

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    This Eur/Usd pair killed me the last time I funded my account it was my first order and it went 387pips against me and I had to get out of business so early but made up my mind to trade forex what do you suggest?

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    Quote Originally Posted by RebateFX.com View Post
    Especially if Hillary (beat the war drums) Clinton gets in it's goodbye dollar
    may be that is just like in nigeria where during election time there will be money money flowing around and everything seems good but immediately after the election back to square one

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    EURO-DOLLAR TECHS: 1% MA Envelope/Bollinger Top Still Caps RES 4: $1.4583/86 61.8% projection of $1.3366, Synthetic high Sept 1992 RES 3: $1.4566 1% moving average envelope, Current Bollinger band top RES 2: $1.4536 DEM1.3455 equivalent @ 1.95583 irrevocable conversion RES 1: $1.4528 Life high CURRENT LEVEL: $1.4489 SUP 1: $1.4360/75 38.2% of $1.4127 to $1.4508, Low 29&30 Oct SUP 2: $1.4299 21-day moving average SUP 3: $1.4251 Support line from Sep 18 SUP 4: $1.4217 Support line from 17 Aug low

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    this week the usd fall down to the ground i think it will keep go down till the end of the year cause the president elections as rebate say it have done it the last elections too i will attach the history for Eur/usd later to prove it

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    i think euro can 1.5000 in 2008
    now euro at 1.4600

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    i think depending on the bad news of usa and the new trend of eur it will go up more untill 1.5400

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    Quote Originally Posted by hardrock View Post
    i think depending on the bad news of usa and the new trend of eur it will go up more untill 1.5400
    Yea! you are right, going by the trend I am watching right now

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    I think in the next week Eur/USD will going down after US election .

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    للمرة الثالثة على التوالى يحافظ اليور على مستوى التقدم امام الدولار بعد تجاوز الهبوط الذى حدث خلال الاسبوعين الماضيين

    منى الباوند الانجليزى بخيبة امل امام الين اليابانى فى ختام الاسبوع الماضى

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    eur/usd is now at 1.5 i think another attck by america will bring a barrel of crude to 120 usd and we see eur/usd hit 2.00 .dollar is dead everybody will stop being payed in dollar ,even the brokers would start collecting eur for deposit and withrawal instaed of weak ,dead dollarsm_cool

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