Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
We maintain that 5 waves up from 1.5326 indicate that the longer term trend has turned up. The decline from 1.6376 has now tested the 61.8% of 1.5326-1.6376. If the larger bullish bias is correct, then price should turn up from near here.
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
There remain a number of possibilities. While not clearly an impulse, the decline from near 1.49 is deep and accelerating. Remaining below 1.4576 keeps the most bearish count on track (in which a small 3rd wave is down from there). The larger correction scenario is still possible (triangle or flat)….
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
FOREX-Dollar gains 3 pct vs Swiss francReuters - 33 minutes agoNEW YORK, Sept 30 (Reuters) – The US dollar gained 3 percent against the Swiss franc on Tuesday as investors expressed optimism that US lawmakers will reach …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
Yesterday we saw one of the worst days ever for the U.S. financial markets with the majority of U.S. stocks incurring the largest drop in U.S. history. After the Bailout plan failed to pass the euro rose higher to around the 1.4570 level. The financial crisis from the United States…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back