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

EUR

Discuss EUR in this thread
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 4, 2010 1:14
I said back on Feb 9 that 1.3850 would remain a resistance. Here:
http://bit.ly/9oQWra

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 4, 2010 1:07
@Tanvir-hope you didn't get liquidated. Been a difficult 36 hours for most of us ....
tanvir Ansari
Texas, United States
Posted Anonymously
14 years ago
Mar 3, 2010 22:52
Said,

My gut feeling says, tonight it hits 1.3750 again or even 1.3810 and by end of Friday morning London time EURUSD will hit 1.3450 and shoot to 1.38 by Monday again and will move to 1.40 next week before the bigger downtrend to 1.30.

EURJPY to hit 121.70 tonite and then back to 118.60 before bouncing to 123.00 next week before bigger downtrend to 112 in few weeks.

This is my nightly dream and not any analysis. My trades are actually big time struck and I am putting money to save my account getting liquidated, hopefully it will.
said
mulhouse, France
Posts: 2822
14 years ago
Mar 3, 2010 20:52
@TANVIR

SUPPORT AROUND 10200 FOR DJIA
EXPECT STRENGH IN EURUSD TILL FRIDAY DATA RELEASE AND THEN THE NORMAL COURSE WILL PREVAIL ;

WE HAVE ENTERED A TIME WHEN WE HAVE TO THINK OUT OF THE BOX REGARDING THE MARKET MECANISMS THAT HAS RULED THE MARKETS FOR THE LAST DECADES.
Tanvir Ansari
Texas, United States
Posted Anonymously
14 years ago
Mar 3, 2010 20:42
Ashraf,

Is it not that the trend is broken for USD with DOW going up USD went up, DOW going down USD use to go up on risk aversion. Now both ways USD is going down. Also YEN is still strong when EUR/GBP/CAD is going up against USD, so it clearly means that the Greece news is negative to USD only. And also 1.3460, EUR tested 3 times and was unable to breach, hence reversal to go up back again to 1.40?
ExpertShark
United States
Posts: 13
14 years ago
Mar 3, 2010 19:01
Simao, maybe you made a typo in your comment, but just to clarify:-

If you agree with Ashraf of 1.3850 being Resistance in Eur/Usd and you want to take advantage of the big move down, then you want to SHORT Eur/Usd so you need a SELL Limit at 1.3850
simao
casablanca, Morocco
Posts: 51
14 years ago
Mar 3, 2010 18:39
hello; as ashraf he said on his interview on cnbc-us about eur/usd, maybe the pairs will touch 3850 and after that the big down move start, from my side i am long now at eur target 3850 and buy limit order at 3850 with big target 3400; what do you think guys?

mohamed
montmorency
Abingdon, UK
Posts: 610
14 years ago
Mar 3, 2010 18:23
Have to give kudos to Xaron for his long trade, given that he is also in agreement with the overall longer-term down-trend. Personally, I don't dare take counter-trend trades, even with the prospect of a longer pullback.
Tanvir Ansari
Texas, United States
Posted Anonymously
14 years ago
Mar 3, 2010 17:58
rkkashmir,

Ashraf has been spot on, he is an excellent analyst. He can not be right all the time, the probability of his analysis and him being right is higher than any one in the forex trade I have seen.

Thanks,
Tanvir
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 3, 2010 17:36
@pippedoff - USD strength may come back only for a little while - needs some bad news from greece etc.

march is the month for the last 5 years when USD drops - and both the EURO and CHF gain substantially
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