EURUSD PAIR To Launch a Gigantic Move to the UPSIDE..
I commence with my gratitude to The All-Knower
EUR has not only recovered from the devastating decline down from 1.200 area, but also surmounted the very important resistance of 1.2500-1.2600 area. Recent 2.5 days decline has set up a great buy in EURUSD.
Please see the attached chart.
My proprietary system foretells that EURUSD has found a support at 1.289-1.290, while the momentum indicator, (bottom of the pic), saying that we shall a gigantic move in EURUSD pair, soon. In the past, momentum indicator’s ‘bounce off’ the balance line “0” line, created strong move to the upside and rejection created the move down to 1.20 level..
So buckle up and search for favorite long trades.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
hello Mr.Syed,
based on your EURUSD forecast, it implies that the markets will rally further with a decline in the USD… would you kindly give us a forecast for the S&P as well please? It has made a huge run up since Nov 16 and is likely due for a correction…??
thanks.
Ahamed.
Mr. Syed, astrologically I wonder about 22December-28December…I know Christmas is in there but Chiron and Neptune seem to be saying they're going to have an influence and I expect bad days for the markets on those days when trading occurs.
Do you have an opinion about the next drop? Should I pull out of the markets by the end of this week? Thank you, I very much appreciate your work. Mike
I would like to stay long in the markets until the first week of January.
Thanks Patrick, Mike, Ahamad
I love it, excellent article. I’d like some advice too. Thanks for sharing…..Victor Jung NBC, Chairman and CEO