26th January to 30 January 2009 Euro / USD
Posted by admin | Posted in Weekly and Daily Wake up | Posted on 26-01-2009
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Hourly (H1) -Stable euro/usd currency, its resting, no big deals or moves going on, probably everyone waiting for Obamas plans.
4 Hours (H4) -tendency is to go down, but how far none knows.
Daily -its resting on FIBO 23.6 and its waiting to go up or down, if it goes down it will go probably to 1.2440, if it goes up it could test 1.3290
Weekly -magic downtrend line is 1.2490, will it hit this week? Most probably not.
26th January
-it will be moving between 1.2750 and 1.3150, we will look to go short.
27th January
-unexpected rise to 1.3300 and now we wait for following moves.
28th January
-unexpected rise will probably be expected and this whole week will be up for e/u. But Obamas plan could make USD stronger soon.
29th January
-weird week for e/u now is dropping again, we will wait next week.
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