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

EUR

Discuss EUR in this thread
 
La Puzzy Digitale
Blah!, Armenia
Posted Anonymously
14 years ago
Dec 3, 2010 17:05
weekly and monhly are euro bearish
subway90
Posts: 1078
14 years ago
Dec 3, 2010 16:59
puzzo... my chart here is limited with few lines only... if it only had weekly/monthly....
wish i could show you the bigger picture... but the chart in this forum is really bad as we all know...

happy weekend... :)
La Puzzy Digitale
Blah!, Armenia
Posted Anonymously
14 years ago
Dec 3, 2010 16:51
look at caddy , looks like reversal in progress
subway90
Posts: 1078
14 years ago
Dec 3, 2010 16:49
the most likely scenario for now is correction down to 3230/50 then extension higher to 3500/50 then weekly correction back down to 3180/3200 b4 moving higher...

if it was to move lower... today's high or max 3440 should cap any further upmove... and should settle below 3200 level....

so gl puzzo... hope to see your 3050 target...
La Puzzy Digitale
Blah!, Armenia
Posted Anonymously
14 years ago
Dec 3, 2010 16:47
i dont stand behind my point couse everything until it actually happens is just hypothetical
your chart may be viable if this line falls
subway90
Posts: 1078
14 years ago
Dec 3, 2010 16:41
watch the 3230/50 level puzzo....
daily close below that level would be initial signal for drop to new lows....
subway90
Posts: 1078
14 years ago
Dec 3, 2010 16:37
drop to that level would mean lower.... if it's ready to move higher.... don't see it moving below 3180... watch 3230/50 level puzzo.... and don't just wait for 3050 and get caught again..

gl puzzo... :)
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Dec 3, 2010 16:34
EUR weak vs CHF JPY is usually negative for EUR long term
La Puzzy Digitale
Blah!, Armenia
Posted Anonymously
14 years ago
Dec 3, 2010 16:31
this is how i see it , 3050 ithis level holds
euro is in fall fundamentlly, for the upmove needs to establish da 2nd leg to convince the long term players
subway90
Posts: 1078
14 years ago
Dec 3, 2010 16:27
nice one puzzo... very smart. :)

3230/50 would likely provide strong support.... could dip below that level but daily close below that level would be a caution for Euro bulls.... considering the fact still haven't taken out the 3440/50 main reistance or haven't closed above 3400 level(weekly)... still could go either way... next week would give clearer signal(break above 3450 would be a green signal for target of 3600/50... or if it settles back below 3200 level.... could see dip to 2850/2900 level first...

personally... i'm a bit biased to the upside first to target around 3700(as long as capped below 3800) level then down to 2800/50 level

so... how do you see it puzzo?