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US ($) Currency Thread 1 (closed - use thread 2)

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Comments

  • neilbond007
    neilbond007 Posts: 2,111 Forumite
    OK... we're above $1.50.... now we need to keep the little sucker up there!!
  • neilbond007
    neilbond007 Posts: 2,111 Forumite
    staying above... just... interesting comment from daily fx

    The only statement that I can make with a high degree of certainty is that the rally from 1.35 is a larger 4th wave (corrective) and that it is highly probable that 1.3500 will be broken later this year. BUT, as is the case with the EURUSD, a larger advance seems likely prior to the next leg lower. Staying above 1.4396 keeps bulls in control and Cable on a path towards 1.5728 (200 day SMA near there as well).

    So, reading this it seems we're going to go below 1.35 later in the year??
    Then mentions heading to 1.57... :confused:

    Here's the full article
    http://www.dailyfx.com/story/bio2/Euro_To_Take_Out_1_3400_1241445998639.html
  • whatusername
    whatusername Posts: 894 Forumite
    Part of the Furniture Combo Breaker
    Evening, nice to see above 1.50 heres hoping it's still there in the morning.


    As for that statement Neil, it's as clear as muck mate
  • kefrif
    kefrif Posts: 43 Forumite
    Like the gents in Still Game would say... "Get it up ye!!!"

    Funny thing is the first time I went to the U.S in 1988 it was at about this rate. 21 years and look how far we've come!

    Come on pound, keep it sound!
  • Cage
    Cage Posts: 209 Forumite
    1.50+ is nice, keep it going :)
  • luci
    luci Posts: 5,968 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Yah! I'm in Vegas at the moment and it looks like I need to withdraw some money to top up the funds so delighted to see $1.50!
  • morning all

    traded at a high of 1.5045 overnight, just before midnight
    fell back below for a while, but currently trading bang on 1.50 :beer:

    happy days ;)
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    edited 5 May 2009 at 7:51AM
    1.5058 trading
    new 3 month high
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • kefrif
    kefrif Posts: 43 Forumite
    Not wanting to jinx it, but I'm liking the way this has started today. Dare I to hope for $1.51?
  • 1.5020 trading now
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
This discussion has been closed.
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