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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (80296)8/31/2003 11:43:22 AM
From: Haim R. Branisteanu  Read Replies (1) of 209892
 
Please find links to the 8 hour and daily charts. I am more interested in the short term trend e.g. next week or two as it would be difficult to predict economic developments down the road. I anticipate a slow down in US economy due the collapse of REFI which will drag the USD lower IMHO.

home.nyc.rr.com

and daily chart

home.nyc.rr.com

as a general remark the EUR equivalent was at present levels during spring of 1998 to end of 1998 just before the launch of the EUR at around 1.17. The slide to 0.82 was precipitated by the US stock bubble and restriction on free currency conversion (you needed to declare how you earned the money.

During 1995 teh EUR hit 1.35 at that time we had a flat stock market, not to mention 1991/2 recession were the EUR was 1.45

home.nyc.rr.com
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