pezq

pezq

Take a look at this daily chart. The wave starts on 13 March last year and the first gap appears over the weekend of Friday 13th September. The level is 1.58792. The wave completes half way through July this year and a new wave down starts on 15th July. My interpretation of the centre of this wave is 3 September. The current price as I write is (amazingly) 1.6118...

pezq

The FTSE has completed and broken a rather distorted head and shoulders on October 2nd at the same time as breaking a long term weekly trendline at 6588. A Classic Fibonacci Power wave can be seen on the daily chart that started on September 22nd clearly visible on this chart and in one stroke broke the 365 day Hull moving average AND the 90 day Hull moving...

pezq

I was interested to read David Alcindors latest "Wolfe Case sees 1.2669 which chimes with my view of 1.2670 marked by a red line on my chart. The Fib circle contains the impulse from July 2012 until May 2014 and the fib levels associated with it. The tangents are marked with red dashed lines giving us possible levels and dates according to whichever path the euro...

pezq

{Followed by huge relief rally if he says NO!) uh oh.......

pezq

Carney has spoken and we're all flocking to Poundland regardless of what will happen when we get there.....but it's all mouth and no trousers at the moment as it seems that no one has the balls to actually do anything (apart from creating mystic money !)

pezq

Following on from my last post here is a projection based on a fall to 1.6753 followed by a rise to 1.7053 and then to 1.73 and beyond.......

pezq

Long eventually but hope to buy on the lower slopes. Its a great fit dont you think?

pezq

There is a conjunction on Friday 30 May (on above 8 hour chart) of the long term up trend from March 2013 and the projected 200 day and 10 day Linear Regression lines at the long term support and resistance 1.72 Any other predictions of price at May 30th gratefully received !

pezq

Reverse back through the cloud twist at 1.3650 to end up at 1.3471

pezq

Will the Euro break the top of the monthly cloud or reverse back through the daily cloud twist to 1.3471 ? (see next chart)

pezq

Its now crunch time for Draghi and the ECB. The prospect of deflation looms and pressure is mounting for some kind asset purchase response and/or a cut in interest rates. At the same time all eyes are on BOE forward guidance...if there is no revision downward of the unemployment threshold then we could be looking over the edge.......do I see .78 by the end of the year?

pezq

Short EURGPP to yearly S1 at approx .8130 with stop above .83 for good risk reward