Humbly Present: INSTAFOREX WORLD

Posted by Nelayan Forex On April - 23 - 2013

Your dedicated compact linkage page to InstaForex - the best broker in Asia!

Posted by Author On Month - Day - Year

POST-TITLE-HERE

Posted by Author On Month - Day - Year

POST-SUMMARY-HERE

POST-TITLE-HERE

Posted by Author On Month - Day - Year

POST-SUMMARY-HERE

POST-TITLE-HERE

Posted by Author On Month - Day - Year

POST-SUMMARY-HERE

Experts' Forecast: GU, EU and UJ (20101122-26)

Posted by Nelayan Forex On 11/20/2010 06:20:00 PM




EUR/USD Comments:
• Cesar Leiceaga: A significant top is in place while we stay below 1.4280. We've seen the weekly close below 1.3700s confirming a further drop to test the main trendline support in 1.3300s over the coming weeks.
• Derek Frey: Near term selling Dollars against all majors but I remain very bullish Dollars over the medium to longer term.
• Dr. Sivaraman: year end and new year beginning could show surprise gains.
• EcPulse.com: 1.3330 MUST hold to keep our monthly & quarterly expectations valid.
• Valeria Bednarik: Current recovery seems mostly corrective in Euro, while below 1.38 price zone. Expect the bearish pressure to persist in the cross in the upcoming weeks.
• Ilian Yotov: If Ireland gets a bailout and if the U.S. economic data weakens further following the disappointing housing starts and inflation reports, the EUR could see a relief rally correcting some of its recent losses vs. USD, as the focus shifts back to the Fed's QE2 impact.
• Mohammed Isah: While it remains vulnerable nearer term, if EUR's current bullish build up continues, we should see that spilling into next week. We are looking for the pair to end its correction and return to the 1.4281 level. Our overall outlook remains bullish in one to three months.
• Yohai Elam: Irish debt issues erupted earlier than expected. They will continue weighing on the Euro for quite some time. It currently seems that we have a "pause" in the crisis in the short term.
GBP/USD Comments:
• Derek Frey: Near term selling Dollars against all majors but I remain very bullish Dollars over the medium to longer term.
• Dr. Sivaraman: year end and new year beginning time could show very surpris rises
• ecPulse.com: 1.5835 MUST hold to keep our Weekly & quarterly expectations valid
• Valeria Bednarik: Still lacking definitions, Pound had a sliglty bullish tone, altought break above 1.63 could turn the cross more bullish.Range however, seems set to persist for at elast another week.
• Ilian Yotov: The GBP could make another attempt at the $1.60's if the U.K. economic data remains strong and if risk appetite makes a comeback after an Irish bailout.
• Mohammed Isah: With its corrective declines halted, we believe bullishness should build up into the coming week with eyes on the 1.4281 level. Between one and three months, we are bullish on the pair.
• Yohai Elam: In the long term, austerity measures in the UK will hurt the pound.
USD/JPY Comments:
• Alberto Muñoz: Bullish breakout, expect new short term highs.
• Cesar Leiceaga: The main bearish trendline has been eroded, we need bullish momentum to pick up to validate the recovery. Key resistance to be taken out in 83.00/25.
• Derek Frey: Near term selling Dollars against all majors but I remain very bullish Dollars over the medium to longer term.
• Dr. Sivaraman: year end and new year beginning time could show sudden gains.
• ecPulse.com: Breaching 83.75 could negate the weekly bearishness.
• Valeria Bednarik: Gaining the upside slowly pair has set an interim bottom at the 80.30 price zone; expect recovery to persist despite limited, as long as above 82.00 price zone.
• Ilian Yotov: Improvement in investor sentiment and risk appetite, coupled with stronger U.S. economic data could become the catalysts for the USD to revisit the post-intervention highs around 86 yen.
• Mohammed Isah: With a recovery higher now underway, the pair could be aiming at further higher prices but its overall long term weakness remains valid. Between one and three months we are bearish on USDJPY.
• Yohai Elam: The actions of the BOJ together with a shift in US bonds can support the pair. It seems that USD/JPY found a bottom.

Key:
• Bearish: Belief that a particular currency is about to fall in value; understood as a general pessimistic trend about the state of that given currency.
• Bullish: Belief that a particular currency is about to rise in value; understood as a general optimism about the state of that given currency.
• Sideways: A sideways trend manifests when the volume of a currency pair bought and the volume of the same pair sold at a particular price are in balance or nearly in balance.

0 Response to "Experts' Forecast: GU, EU and UJ (20101122-26)"

Post a Comment

    JUTAWAN FOREX at INSTAFOREX GRAND DINNER Kuala Lumpur, 2012 HUKUM FOREX by USTAZ AHMAD DUSUKI ABDUL RANI Masjid Negeri Selangor, Kuliah 11 April 2013

    (c)Mataf.net Forex and Forex Volatility

    (c)Mataf.net Forex and Forex correlation
    All rights reserved, 2010-2015. Concept and experience contents by Nelayan Forex Traderlog. Powered by Blogger.
    Google PageRank Checker Powered by  MyPagerank.Net
    Powered By Blogger

    free counters

      Forex Trading by DailyForex.com

    ..

    ..