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Dollar under pressure, everywhere!

posted by Avatar ronnyrabbit1 606 days ago in USD, GBP made popular 605 days ago

Yesterday, we said “the Euro has 2 choices, not 3: either it breaks 1.3509, or it collapses”, and indeed the Euro did break 1.3509 and reached our first suggested target 1.3589 successfully & accurately (the 2-day high for yesterday & today until read more
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Dollar finds opportunity, especially against the Euro

posted by Avatar ronnyrabbit1 607 days ago in USD, EUR, GBP made popular 607 days ago

The Euro jumped to a new 5-month high yesterday at 1.3503, only 6 pips below the important 50% Fibonacci level for the medium term. This accurate reversal at a Fibonacci level leaves the Euro vulnerable, it could drop hard, any minute from anywhe read more
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An important day for setting the trend

posted by Avatar ronnyrabbit1 607 days ago in USD, EUR, GBP made popular 607 days ago

The Euro topped at a 5-month high on Friday, hitting a high of 1.3497, just pips before the important Fibonacci level for the medium term. Last week, we had analyzed the medium-long term, and after doing all the necessary analysis using classical read more
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A Visit to Long Term Analysis

posted by Avatar ronnyrabbit1 612 days ago in USD, EUR, GBP

The Euro broke the resistance specified in yesterday’s reports 1.3118, after two days of trying, and successfully reached both targets 1.3194 & 1.3306 with accuracy as well (the high at the moment of preparing this report is 5 pips above our 2nd read more
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Fed day, a Dollar day?

posted by Avatar ronnyrabbit1 613 days ago in USD, EUR, GBP made popular 613 days ago

Stunningly, the Euro stopped exactly & down to the pip at our suggested resistance in yesterday’s report 1.3118, to confirm the importance of this level, which will live to see itself as our resistance for one more day. The Euro had penetrated 1 read more
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Sudden weakness!

posted by Avatar ronnyrabbit1 614 days ago in USD, EUR, GBP made popular 614 days ago

Although the Euro penetrated 1.3047 on Thursday, and jumped strongly, reaching the first suggested target 1.3145, it stopped there, and dropped from Friday high which was 1.3157, sharply. The importance of breaking 1.3047 comes from the fact that read more
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Awaiting the reaction away from critical levels

posted by Avatar ronnyrabbit1 619 days ago in USD, EUR, JPY made popular 618 days ago

The Euro did not move enough to penetrate the support or resistance specified in yesterday’s report. But, when we investigate the rising move from 1.2586, we see that it is a correction for the previous dive from 1.3332, which topped very close t read more
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Sustained breaks, or exhaustions and dives? The answer today

posted by Avatar ronnyrabbit1 619 days ago in USD, EUR, GBP made popular 619 days ago

The Euro jumped strongly yesterday, even though it initially broke the support specified in yesterday’s report. We broke the important level specified in yesterday’s report 1.2920, and successfully reached the first suggested target of 1.3000. We read more
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European currencies approaching medium term tops! (2)

posted by Avatar ronnyrabbit1 620 days ago in USD, EUR, GBP made popular 620 days ago

The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28 in the morning, and hitting 1.2890 in New York. Now the question is will the EUR succeeds in creating yet another test of 1.2920? In fact, read more
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European currencies approaching medium term tops!

posted by Avatar ronnyrabbit1 621 days ago in USD, EUR, GBP

The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28. Now the question is will the EUR succeeds in creating yet another test of 1.2920? In fact, we do not believe it will, and even if it did, read more
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Dollar bounce the Europeans may go on!

posted by Avatar ronnyrabbit1 626 days ago in USD, EUR, JPY made popular 626 days ago

The Euro fell heavily during yesterday’s Asian session, then it resumed the drop during the European session. After stopping just below the enormous resistance we talked about in Monday’s report 1.2920 (Monday’s high was 1.2916), we saw the Euro read more
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Yes we can!

posted by Avatar ronnyrabbit1 628 days ago in USD, EUR, GBP made popular 628 days ago

We wondered in yesterday’s report, if the Dollar was able to survive after reaching critical levels at 1.2920 for the EURUSD, and 1.5490 for the GBPUSD. The answer to our wondering was “Yes we can”. Although the price did not reach far enough to read more