Editorial,

Une amplification des mouvements observés depuis quelques semaines pourra être anticipée d’ici la fin de la semaine prochaine. Une configuration particulière, bien connue des participants à nos formations, est sur le point de se former.

 

Anticipations de l’€ / $.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Le texte suivant est traduisible à l’aide de Yahoo Babelfish.

 

   Long term: bullish as long as MQ (1.3153) = support

On a yearly basis, our indicators are rising. The status for our stochastic and MACD is a bullish non-crossover. Bollinger band spread is not minimal. Each Bollinger band has a strong dynamic. A bullish T1 occurred at the previous close and prices are higher with a T2.

The main objective is difficult to anticipate, due to historical data. But with the Cable we have 2.4485 as Historical high Vs 1.9933 (2/07). 
We could say that (2.4485 / 1.9933) * 1.5803 (2/07) = 1.94 as a target for € – $.
On a quarterly basis, the pattern for our 7 – 23 quarters moving averages is a bullish non-crossover.

On a monthly basis, the pattern with Bollinger bands was a bullish ATDMF parallels one. Next target is MQ (1.3153).

Idea: only a technical correction if MQ (1.3153, end of Q3) = support

 

Medium term: lower

On a weekly basis, Bollinger bands spread is expending strongly. A bearish ATDMF pattern could develop with a bearish crossover PW / MW + a dynamic for each Bollinger band. A bearish non-crossover is in progress with our MACD. As long as our MACD is not oversold, a rise will be only a technical recovery.

Idea: next week, a bearish crossover PW / MW will be in hand.

 

Short term: bearish parallels pattern

On a daily basis, a bearish parallels pattern is in progress since 6 of August. As long as MD (1.4425) acts as a resistance, a rise will be only a technical recovery.

Idea: bearish as long as M23 is bearish.

 

Conclusion: towards MQ (1.3153).