Rao Khassan's Blog – July 2011 Archive (2)

EURUSD 21.Jul on 5 min TF

During recent hours EURUSD declined sharply by 150 pips. I stayed short from 1.4276 and left @1.4198, but the pair showed even more downside move.

Price action can be seen like that: 

A. EURUSD retraces in 1.4205 area and continues downside move (the latter action needs another…

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Added by Rao Khassan on July 21, 2011 at 9:50am — No Comments

EURUSD: waiting for a new high in short-term

Good day traders!

I expect another bullish impulse on EURUSD in short-term view. Let the picture below tell you more. EU is to finish wave 3 from the point of Elliott theory.

Right now Sentix Investor Confidence result was published, that is better than expected and better than in previous…

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Added by Rao Khassan on July 4, 2011 at 8:34am — No Comments

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