|
| Discuss Where the Dollar is headed? at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Due to what can be termed as an unbelivable rally for the EURO/USD, ... |
|
|||||||
| Notices |
| Forex Discuss trading the foreign exchange markets. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
2nd September 2005, 01:02 PM
|
|||
|
|||
Where the Dollar is headed?
Hi
Due to what can be termed as an unbelivable rally for the EURO/USD, the dollar has lost more that 300 points in the last few days!Has the downslide really resumed for the greenback or we are stiil in an extended corrective mode? Regards Sean 
|
|
#2
2nd September 2005, 08:41 PM
|
|||
|
|||
|
Re: Where the Dollar is headed?
Hi Sean:
The market at this moment seems to be in corrective mode and is most likely headed towards 1.27 - 1.2750 area. It would be very interesting to watch what happens at that level - could turn into a good sell level for Euro. Nautilus
|
|
#3
3rd September 2005, 07:02 AM
|
|||
|
|||
|
Re: Where the Dollar is headed?
Hi
Currency traders here in USA strongly believe that the dollar will become stronger in the coming days. However I can't confirm their conviction, as I do not know what it is based upon. I have not done any TA myself, so it is nothing more than a rumor. Please use caution. Good Luck Wastej
|
|
#4
4th September 2005, 10:39 AM
|
|||
|
|||
|
Re: Where the Dollar is headed?
dear Wastej,
firstly i expect everybody in financial markets to be cautious. secondly, you mentioned that you haven't done any TA on the moves. I feel that the longterm look in dollar is still stronger unless it comes below 86.66 technically the broader outlook is more of a sideways for sometime unless there will be clear breakputs which will anyhow be seen on charts. I always believe that news follows charts. AJAY
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Where the Dollar is headed?
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| FIIs, hedge funds pull out as dollar rises, metal melts | arun | Current Affairs | 0 | 6th January 2005 07:55 AM |
| Gold hits 16-year high | TATrader | Metals | 1 | 22nd November 2004 04:09 PM |
| Where is the NSE Nifty 50 headed? | Traderji | Equities | 20 | 3rd November 2004 03:53 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
