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Eur/usd

Discussion in 'Market Predictions and Reports' started by Nancy Cheah, Apr 29, 2009.

  1. Nancy Cheah

    Nancy Cheah Sergeant

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    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.
     
    #1 Nancy Cheah, Apr 29, 2009
    Last edited: Sep 5, 2011
  2. sam111

    sam111 Private, 1st Class

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    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.
     
  3. Nancy Cheah

    Nancy Cheah Sergeant

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    I still think that it'll breach 1.35 this week.
     
    #3 Nancy Cheah, May 6, 2009
    Last edited: Sep 5, 2011
  4. BENNY1234

    BENNY1234 Recruit

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    Look like you are right
     
  5. Nancy Cheah

    Nancy Cheah Sergeant

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    Thanks a lot for your compliments.

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

    Regards.
     
    #5 Nancy Cheah, May 10, 2009
    Last edited: Sep 5, 2011
  6. Nancy Cheah

    Nancy Cheah Sergeant

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    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.
     
    #6 Nancy Cheah, May 12, 2009
    Last edited: Sep 5, 2011
  7. Nancy Cheah

    Nancy Cheah Sergeant

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    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.
     
    #7 Nancy Cheah, May 18, 2009
    Last edited: Sep 5, 2011
  8. Nancy Cheah

    Nancy Cheah Sergeant

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

    Regards.
     
    #8 Nancy Cheah, May 21, 2009
    Last edited: Sep 5, 2011
  9. Stony

    Stony Sergeant

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    Hey Nancy,

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

    Regards, Stony
     
  10. Nancy Cheah

    Nancy Cheah Sergeant

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    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.
     
    #10 Nancy Cheah, May 22, 2009
    Last edited: Sep 5, 2011

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