The EURUSD has continued its rally as visible in this H4 chart and formed a rising wedge formation. This pair currently trades at the top of its range and the last five candlestick patterns formed either hammers or inverted hammers as the EURUSD tries to form a major top. Friday’s U.S. Non-Farm Payroll report should provide the spark for a major correction.
So do you expect the Dollar to drop over the fiscal Cliff news
thx
Also us non-farm payroll end of the week will make the euro climb up to psychological level.
@clixmoneyacc : YES ..!! Even since the November 28th 2012 until last, we all get a lot of profit. Yummi .. :-)
In this week, the market will go down to 1.2945, after down, market will climbed back to 1.3000 and continues to 1.3110 Happy Enjoy Profit from me to all of you..
The greatness of a Fibonacci predictions :-)
In this week the market is expected to fall. U.S. Dollar will rise back to the psychological level of 1.26650. Caused by the discussion of the Fiscal Cliff, predictable not find the solution. I think so.. :-)
@Nzol90: hahaha.. I suspect maybe Mr. BigBoy see this chart, and sold everything to make US dollar fall . But I am convinced that at the end of this year, the EURUSD will be under 1.2600. maybe..??
What is it mean, heruiqbal? from this moment to 2013 we must sell Eur?
Yes.. but not to 2013. you can take proft at 1.26650. you can see the chart. it's very clear
What kind of returns do you normally generate?
Or Jehovah, as we say in English
In fact, I could have close it when EURUSD was touching 1.3020 in the morning and I got profit 20 pips. But I'm not doing, because I'm sure EURUSD will decline steadily, from 1.3040 to 1.2640 (400 pips). Yes.. This in my opinion.. It could be true, It could be false.