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| Shouting to all Forex traders on this forum... we are on a time of great opportunity ahead!!! Aud/Usd is around the support/resistance of .9400 Eur/Usd is around the support/resistance of 1.4940 WOHOOOOOOOOO!!!!!! play you cards right boys and girls and you will make a killing!!!!! This is the time we have been waiting for, now it is here. I wish you all the best and good luck trading |
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| So what do you suggest? Will the USD fall even more or is it already so low that i just has to rise again soon?
__________________ Karl, Blueskied.com : Download Games (english site) - Gratis Spiele (german site) Last edited by Blueskied : 02-28-2008 at 06:34 PM. |
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| At the moment technical analysis doesn't show any reversal patterns. No retracement of 21% at the current outlook, it's looking to keep going down for the next 1-2 months after that may consolidate, but of course new analysis needs to be made in the next 2-3 months to see signs of changing course. Closing prices are above Moving average on weeklys and monthly. Major yearly support/resistance is 1.4575 on 02Sep1992, support/resistance is 1.4497 on 02jul1980 and support/resistance is 1.4559 on 02Dec1979. (what a nice double top 1979,1980...but I was born on 1981 Currently we as of this minute usd against EUR is at 1.5200, an averge of 700points above all time yearly highs. If it consolidate, there is still money to be made, but not as much of a trending price. ...but there is no sign of reversal as off yet. RIDE THE WAVE FELLAS!!!, UP OR DOWN... let's pray it doesn't consolidate Last edited by Power : 02-29-2008 at 05:23 AM. |
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| Is closing the gap on the US dollar. Keep an eye on the Canadian the next couple of months. |
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