Thursday, October 14, 2010

EUR/USD

Follow yesterday posting EUR/USD.

Feel so great~

EUR/USD has make a new high this morning :) now trading 1.4079.  It has taken out last week's high of 1.4029. Yes!

Hitting my target of 1.4050, will it advance further to hit 1.4100?

Tonight, 830pm (GMT+8) announcement PPI m/m and Core PPI mom and unemployment claims (US)

Related: EUR/USD 13-Oct-2010.
Forex Factory :: Calendar: http://www.forexfactory.com/calendar.php

4 comments:

  1. Hi Ayumi,

    Do you think it will start moving down from 1.4100 today?

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  2. Hi Hands

    I am not sure how high it can shoot up, probably create a marginal high and squeeze out many shorties before it starts to turn down.

    I do not want to be early (again) :) need to observe for reversal signal for entry.

    I am looking at EUR/USD to take out the previous week high (it did!) and close below this week's opening price tonight, or tomorrow :)

    ReplyDelete
  3. Hi Ayumi,

    Nice forecast.. It seems the reversal has starting? Do you think it will continue to drop to 1.3800 level again on monday?

    ReplyDelete
  4. Forex, or foreign exchange, is the approach by using which people, corporations and imperative banks convert one forex into some other.

    ReplyDelete