eToro – Forex Trading Forum

[ramyembaby2008]

optimistically that a TARB pacakege will represent a turning point in the creditsmarkets crisis

and that will highly be good for USD,WHICH STILL CORRECTION MODE AT THE MOMENT .nEXT

WEEK SEES both month and 3rd quarter end of the year,which likely 2 see liquidity reduced and

volaitility increased. giving a +VE conditions for USD,ELECTED THAT buying USD in its debth

rather than rally in selling.the closing week price btween 1.4500/30 give a +ve look for USD

STRENTH same time 1.4800/50 placed as good seeling chance in EUR/USD,as GBP/USD

1.8250/1.8300 well key support belw should represent a GBP weekness,for usd/jpy 104.50/105 is

good support to have longs till riching 107.00/50 which could be a key to reach 110 level.

More gussing give a soft side data for USD in the coming weeks electing buying in debth and

selling on rallies.

The previous week provide a -ve outlook for USD as housing data giving no bottoms for house

problems,employment detriorating more,-ve business spending in the 3rd quarter,both excisting

home sales and new home sales was lower and also same in UK in poor housing sector wich press

on the GBP VS USD .