Eur/usd

Nancy Cheah

Sergeant
Messages
157
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.
 
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sam111

Private, 1st Class
Messages
48
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

Sergeant
Messages
157
Thanks a lot for your compliments.

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

Regards.
 
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Nancy Cheah

Sergeant
Messages
157
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.
 
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Nancy Cheah

Sergeant
Messages
157
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.
 
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Nancy Cheah

Sergeant
Messages
157
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.
 
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