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Forex Trading Floor
EUR/USD
Battle of Dolla...
Battle of Dollar and Euro
2/8/2007 5:14:25 AM
graham
5 posts
Battle of Dollar and Euro
How is USD fighting against Euro? What is the trend and do you think USD will improve?
2/8/2007 6:13:26 AM
craig
4 posts
Re: Battle of Dollar and Euro
1,2922. There is an horizontal range between 1,2900 and 1,3040. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Volatility is decreasing.
2/15/2007 10:25:17 AM
BrianTran
155 posts
Re: Battle of Dollar and Euro
Last few days have been stuck in range and yesterday started the breakout to the upside. Dollar will see a bit more weakness before another pause near 1.3265. I would buy pullback near 1.3065.
The sum is greater than its parts.
2/4/2009 3:21:22 PM
Pat_Mar
13 posts
www.247lcs.com
Re: Battle of Dollar and Euro
The US dollar has likely bottomed and I would expect it higher in a year. You have to realize that most market cycles, and stocks or commodities trade to a point of climax before they reverse. You can typically spot a top or bottom AFTER a long move, i.e. months or years, when all the commentators on TV, lay people in your social groups, and magazine covers start talking about it. That usually is an indicator that all the big money investors who were either short the dollar or long the Euro have made their money and now the novices are getting in the game because they hear about, but of course they are late to the game. So, my prediction is the dollar goes higher based on this as well as a number of macroeconomic factors.
5/22/2010 1:44:52 PM
Servana
10 posts
Re: Battle of Dollar and Euro
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