Seeking Alpha
  • ker.nulov@gmail.com
    euro is gapping down 40 pips. Next 2 weeks paint to be very good for the dollar, and bad for the stuff. I really hope it happens this way
    1/15/12
    Reply (16)
    • talbano: where are you getting your info?
      1/15/12
    • shaker33: http://bit.ly/nXGqkT
      1/15/12
    • talbano: thanks shaker but currencies don't start trading until 5 so i was curious how ker knew the gap down before
      1/15/12
    • shaker33: Just noticed when he posted and I would like to know the same thing.
      1/15/12
    • ker.nulov@gmail.com: talbano, I am a computer hacker, I know. In fact I knew this 1hour before I posted,but I was waiting to see if the gap will stand, & it did.
      1/15/12
    • talbano: why am i seeing euro up ?
      1/15/12
    • shaker33: Tal, I'm showing previous close at $1.2678 so I don't know why either.
      1/15/12
    • talbano: So I am see 1.2639 which 40pips maKes sense when the comparing to Friday - I generally look at what the current day is.
      1/15/12
    • talbano: I would actually expect it to be going lower - kinda amazed it's stable
      1/15/12
    • shaker33: It did have a big drop Friday and the drop over the last couple of months must have been pricing in the inevitable downgrades.
      1/15/12
    • shaker33: Bloomberg appears to have the correct reading.http://bloom.bg/A9pdM4
      1/15/12
    • talbano: yeah i agree and it did drop huge on Friday b interesting to see where it goes next week or so
      1/15/12
    • ker.nulov@gmail.com: today I have calculated the next resistance to be at 87 on the USD. EUR/USD moves 230 pips per USD point.
      1/15/12
    • ker.nulov@gmail.com: if there are no surprises, it is almost garanteed we hit that target
      1/15/12
    • jason2788: dollar strength is bullish.
      1/15/12
    • sean.parmelee: http://bit.ly/pbOKgS at the end of the day
      1/15/12