InvestIdeas

On CNBC:-

Resistance at EUR at 1.31 / 1.32

These "experts" talk as if they are going to be so correct...

Good lah...let them call resistance louder... The louder they yell, the easier the resistance will break

Euro downtrend takes a break… currency touches its highest level in four months.

I think I close eyes and queue Long at 1.28. Load up..

Can?

3:27pm. EURO-DOLLAR; The drop back from above $1.2990 to $1.2956 seen instigated
by heavy sales from a US investment bank. Rate now seen settled around $1.2965.

Euro about to be put under pressure… again? by Chris Kimble

Over the past 18 months, the Euro, CRB, FCX and Crude Oil have created a series of lower highs, at falling resistance lines.

So far it has paid to reduce long exposure in the key commodities when they hit their respective falling resistance lines.

The Euro looks to have created another lower high at falling resistance and its 38% Fib retracement level of late at (1) in the above 4-pack.

This line has caused Commodities to fall in price over the past 18-months....will it be different this time?

http://blog.kimblechartingsolutions.com ... ure-again/

SELL 1.3010

Big euro downtrend takes a break… currency rallies 6% in the past three months.

winston wrote:Big euro downtrend takes a break… currency rallies 6% in the past three months.

means...i should have BUY izzt?

Can the Euro continue to pull the S&P 500 higher? by Chris Kimble

The Euro and the S&P 500 have had a high correlation since July (see upper right inset chart).

The Euro and the 500 index hit highs in September, 3 days apart, with the Euro high coming first!

Now the Euro is back testing its 38% retracement level and falling resistance at (1).

How the Euro handles Fibonacci and falling resistance will have much to do with the next big move in the 500 index!

Double Top in the Euro or a breakout?

http://blog.kimblechartingsolutions.com ... 00-higher/