Tier1
Forumer attivo
Eurusd
Vi posto la view di un gestore molto bravo sui forex....
EUR/USD should form a peak during the next few weeks and then resume its downtrend. Our target for this upmove is only the 1.3350 area and if seen this should be a good place to begin selling. Only a close above this level means the uptrend will become stretched and it will rally to the 1.3480 area before peaking, but this is less likely. By the week of May 20 and probably sooner the euro should turn lower and decline for several months. A close below the support at the 1.3020 to 1.3035 area is needed to immediately turn the outlook negative. It is then headed directly lower into the middle of June. Our initial target for this downtrend would become the 1.2550 area. The longer-term cycles argue this overall weakness can persist into August and the euro can fall to as low as the 1.2100 area before bottoming. A widening of the Bund/Bonos spread is a likely to be an early warning that the downtrend is resuming.
Vi posto la view di un gestore molto bravo sui forex....
EUR/USD should form a peak during the next few weeks and then resume its downtrend. Our target for this upmove is only the 1.3350 area and if seen this should be a good place to begin selling. Only a close above this level means the uptrend will become stretched and it will rally to the 1.3480 area before peaking, but this is less likely. By the week of May 20 and probably sooner the euro should turn lower and decline for several months. A close below the support at the 1.3020 to 1.3035 area is needed to immediately turn the outlook negative. It is then headed directly lower into the middle of June. Our initial target for this downtrend would become the 1.2550 area. The longer-term cycles argue this overall weakness can persist into August and the euro can fall to as low as the 1.2100 area before bottoming. A widening of the Bund/Bonos spread is a likely to be an early warning that the downtrend is resuming.
).
