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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Tuesday, May 25, 2010

Sell down on Euros

1)  EURO/USD

BEARISH EXTREME, It may test the recent low at 1.2143 again,  breaking below will expose 1.2000..
But be aware and be cautious that ECB may come into  the market  to intervene any moment when the price action is near the Critical level at 1.2000

Right now this pair is traded at 1.2198, Indicators=Bearish


2) EURO/JPY

PANIC SELLING SEND THE PAIR TO A NEW LOW OF 2010, Now JUST  BREAKING THE  109 minutes ago, , NOW  WE EXPECT TO SEE  107  next !!

Be cautious and do watch out  for any Interventions from Both ECB and  BOJ  anytime. from this moment.

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