Thursday, September 11, 2008
11/9
opec decided to decrease the oil production => should rise
100 = fib ( 68)
eur/usd : month reached fib50, LAP,
usd/jpy: month reached fib50, than desc
usd/chf: month fib 50 reached
usd/cad: month fib68 reached !! ( cad is linked with oil )
concl: $ is facing important support on all markets. wait for breaking the support / changing the trend (1-2-3)
+ div
Dollar Rises on Speculation Europe May Slow Faster Than U.S.
he U.S. currency climbed for a second day as traders
increased bets on an ECB rate reduction before a government
report tomorrow that economists say will show industrial
production in the euro area shrank.
tommorow probably ECB cuts the rate
Dolar index: dayly: div macd
month, week trend desc, last 2 candles rosed strongly, but under any resistence,last big rebounce was: 12, now it is 9
100 = fib ( 68)
eur/usd : month reached fib50, LAP,
usd/jpy: month reached fib50, than desc
usd/chf: month fib 50 reached
usd/cad: month fib68 reached !! ( cad is linked with oil )
concl: $ is facing important support on all markets. wait for breaking the support / changing the trend (1-2-3)
+ div
Dollar Rises on Speculation Europe May Slow Faster Than U.S.
he U.S. currency climbed for a second day as traders
increased bets on an ECB rate reduction before a government
report tomorrow that economists say will show industrial
production in the euro area shrank.
tommorow probably ECB cuts the rate
Dolar index: dayly: div macd
month, week trend desc, last 2 candles rosed strongly, but under any resistence,last big rebounce was: 12, now it is 9
Labels: forex
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