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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:35
yeah, might even be a fader myself at 4440/60 :-)
subway90
Posts: 1078
13 years ago
Apr 6, 2011 16:33
dave...

yes.... expecting current rally ending very soon....

either 4370/80 or 4450/70 would likely be the top for correction down to 3900/50...

i'll be adding shorts at 4370 and higher(if ever) at 4450....
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:32
That's about how I see it and I don't expect a hike. Ashraf would disagree with very deep losses.
Nor
Lemberg, Canada
Posts: 249
13 years ago
Apr 6, 2011 16:30
no hike would take euro to sub 1.40 and gave ignore a reason to talk about 1.20 again
the entire move from 1.30 is all "hike"
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:25
All the recent talk of not good idea to hike is "recent".
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:24
I feel a no hike could equally trigger sell off. Trichet been brain washing a hike several months now so mkt keeps building in.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:21
Subs, 4450 ish very signif level on mine if we break the 4360 ish.
subway90
Posted Anonymously
13 years ago
Apr 6, 2011 16:20
nor....

i'm with you on that one.... buy the rumour... sell the fact.... i'm hoping for a rate hike as expected..

i think 4280/4300 will hold until ECB decision tom....

2 possilities....

1) pop up to 4450/70 b4 heading lower....
2) if 4370/80 caps any further upmove and break of support(4274) would trigger move south....

break below 4150 would signal rally from 3428 ended and correction down to 4000 then 3900....

Sir Ignore
United States
Posts: 3068
13 years ago
Apr 6, 2011 16:17
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 16:11
ok thx, it worked with copy paste