Editorial,
D’ici quelques mois Trichet va bien se marrer, lorsque certains dirigeants vont se plaindre de la hausse du USD…
Anticipations de l’€ / $
Le texte suivant est traduisible à l’aide de Yahoo Babelfish.
Long term: bullish as long as MQ (1.3247) = 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 bullish ATDMF parallel is over. Our stochastic and MACD are not oversold. MQ (1.3247) is our main objective.
Idea: towards MQ (1.3247).
Medium term: bearish parallel pattern
On a weekly basis, PW crossed MW + dynamic in progress for each Bollinger band. A bearish non-crossover is in progress with our MACD. A bearish parallel pattern is in progress.
Idea: use parallel pattern rules.
Short term: without trend
On a daily basis, Bollinger bands spread is wide. MD (1.433) is our main resistance. LD (1.3878) is our first support.
Idea: lower if our stochastic is not oversold on LD (1.3879) level.
Conclusion: towards MQ (1.3247) is not ruled out.