Euro strengthened and the dollar weakens
Author : Mr.Fares Shanab
Euro strengthened and the dollar weakens
This is one of the characteristics of the next session of the pair in the parity linked by bilateral together in order to maintain the healthy atmosphere that kept two important economies in the world.
The figure that stands out after doing financial analysis based on statistics than the average for the period of 14 days , range and vein
And merged in the science of possibilities , it is assumed the pair not exceed 13635 during the coming period , which I expect within 12 working days.Then assumed for the euro to continue to migrate to the south to cover the power that seemed on the euro as a result of some economic indicators improved
The result of fundamental news resulted from the lack of commitment by the U.S. Federal end quantitative Easy (QE3) in September
We expect the dollar in the case of entry force in December until the month March the date of ending QE3.
The chart below shows the expected shape and classic style (Head and Shoulders) , but here in " SHanaba Indicators" We analyzed not as usual and rolling among analysts ,but in our own way , as we mentioned earlier :
The table shows intervals for a period of 14 days which is more safe period - for any analysis of the Euro Pair
This classic style ( Head and Shoulders ), but for each individual rating , Close or Open or High and Low.What concerns us here is the Open and Close more than high and low for any candle on the chart
Also notes that forced us to see the current weakness of the dollar is what actually happened to our Shanaba Index
The pair when a long candle making levels rose to 136 levels , as well as making it the same thing while the long candle fell , indicating the importance of the 136 levels for central banks and sovereign funds that move the market at will to support this economy or that
And change the mood of the young traders , who are usually part of the policy to catch up with the Herd of sheep!
Author : Mr.Fares Shanab
Euro strengthened and the dollar weakens
This is one of the characteristics of the next session of the pair in the parity linked by bilateral together in order to maintain the healthy atmosphere that kept two important economies in the world.
The figure that stands out after doing financial analysis based on statistics than the average for the period of 14 days , range and vein
And merged in the science of possibilities , it is assumed the pair not exceed 13635 during the coming period , which I expect within 12 working days.Then assumed for the euro to continue to migrate to the south to cover the power that seemed on the euro as a result of some economic indicators improved
The result of fundamental news resulted from the lack of commitment by the U.S. Federal end quantitative Easy (QE3) in September
We expect the dollar in the case of entry force in December until the month March the date of ending QE3.
The chart below shows the expected shape and classic style (Head and Shoulders) , but here in " SHanaba Indicators" We analyzed not as usual and rolling among analysts ,but in our own way , as we mentioned earlier :
The table shows intervals for a period of 14 days which is more safe period - for any analysis of the Euro Pair
This classic style ( Head and Shoulders ), but for each individual rating , Close or Open or High and Low.What concerns us here is the Open and Close more than high and low for any candle on the chart
Also notes that forced us to see the current weakness of the dollar is what actually happened to our Shanaba Index
The pair when a long candle making levels rose to 136 levels , as well as making it the same thing while the long candle fell , indicating the importance of the 136 levels for central banks and sovereign funds that move the market at will to support this economy or that
And change the mood of the young traders , who are usually part of the policy to catch up with the Herd of sheep!
