Eur/usd

Nancy Cheah · (#1 (**permalink**))

Based on my studies, I think that this pair can go as high as 1.36 from today until Non-Farm Payrolls.

What do you people think?

Regards.

sam111 · (#2 (**permalink**))

The market was already pocketing takings from bets this week against the Dollar and the Yen when a source well-known with the US bank stress test outcomes said Bank of America was supposed to need additional $34 billion in capital. The news deepened losses in the Euro, NZD and AUD also prompted the USD to drop against the Yen, which has been used to support positions in commodity-related currencies in current weeks as investor confidence has picked up.

Nancy Cheah · (#3 (**permalink**))

I still think that it'll breach 1.35 this week.

BENNY1234 · (#4 (**permalink**))

Look like you are right

Nancy Cheah · (#5 (**permalink**))

Thanks a lot for your compliments.

I hope my prediction helped many to make some extra profits.

Regards.

Nancy Cheah · (#6 (**permalink**))

As for this week, I guess that it'll hit as low as 1.3475 because I consider it as a reversal / correction from last week's superficial uptrend.

Can I be correct again this time?

I hope so.

Nancy Cheah · (#7 (**permalink**))

Since it didn't go down until 1.3475, then I guess it'll shoot up back to 1.37 again.

Anyone with suggestions please?

Regards.

Nancy Cheah · (#8 (**permalink**))

The market shall close for the week maybe even breaking the 1.39 barrier.

Regards.

Stony · (#9 (**permalink**))

Hey Nancy,

you are pretty good this week! Have a nice weekend!

Regards, Stony

Nancy Cheah · (#10 (**permalink**))

Thanks a lot.

It breached 1.4 and that's bad news for the American Dollar.

If the oil and gold prices continue to shoot upwards like this, then I'd say that the EUR/USD pair shall definitely hit 1.45 maybe by next NFP weekend.

Regards.