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jsspmk replied Apr 21, 2010Nothing bullish in weekly chart, 1.3ish is where long term rising trend line rests, 1.32s magnet now.
EURUSD
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jsspmk replied Apr 21, 2010As long as there is sufficient liquidity present ie people buying & selling it is unreasonable to expect a freefall, when people are less willing to bid price will drop to meet next zone of interest (resting orders, etc). It is impossible to predict ...
EURUSD
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jsspmk replied Apr 21, 2010Greek 10y notes @ 8 now pretty much Greece Aid Talks to Begin; IMF Signals Threat From Rising Debt April 21 (Bloomberg) -- Greece begins talks today on activating a 45 billion-euro ($61 billion) emergency aid package as the International Monetary ...
EURUSD
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jsspmk replied Apr 21, 2010It almost feels like market is hesitating to sell off, it keeps on swimming around 1.3433, waiting for a clear message without any sort of second thoughts whether they will bail or they won't bail. If they will big relief rally will be likely IMO ...
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jsspmk replied Apr 20, 2010Monday was an inside day, Tuesday failed to close above the Hi of Monday's hammer, today we are testing the Lo of Monday's hammer. It is seldom that price stagnates at extreme points of a daily hammer especially when that hammer is at the beginning ...
EURUSD
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jsspmk replied Apr 20, 201050% from 1.3433 to 1.3266 is 1.3350, 1.3364 was a major level from 2006.
EURUSD
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jsspmk replied Apr 20, 2010Looking at Daily there is a HL & HH & this is now on lower rising trend line. Technically speaking there ought to be buying interest here, no doubt. I just don't see what they have to go with because major levels have been tested and rejected above. ...
EURUSD
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jsspmk replied Apr 20, 20101.36 been rejected 1.35 been rejected 1.3433 being rejected 1.3266 next one to be tested
EURUSD
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jsspmk replied Apr 20, 2010Monthly down trend has been interrupted. To me that is a sign of strength, whatever the reason may be. To interrupt a monthly trend we are talking serious size being traded. Monthly resistance has been broken. There is a massive triple bullish ...
EURUSD