Comments on: Sovereign buyers drive EUR/USD through 1.3800; 1.42 here we come https://fxww.com/sovereign-buyers-drive-eurusd-through-1-3800-1-42-here-we-come/ The Professional Source Thu, 24 Oct 2013 08:00:38 +0000 hourly 1 By: Sean Lee https://fxww.com/sovereign-buyers-drive-eurusd-through-1-3800-1-42-here-we-come/#comment-31084 Thu, 24 Oct 2013 08:00:38 +0000 http://381c099c8f.nxcli.net/?p=10972#comment-31084 Quite possible Guitar. I don’t trust the Fibos in non-trending mkts but if it does hold then could be good for bit more than 200? Mkt is desperately looking for any kind of trend

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By: Guitar7 https://fxww.com/sovereign-buyers-drive-eurusd-through-1-3800-1-42-here-we-come/#comment-31082 Thu, 24 Oct 2013 07:01:11 +0000 http://381c099c8f.nxcli.net/?p=10972#comment-31082 Hi Sean, I believe resistance at 1.3833 lv (fibo 0.618 high 2011/low 2012) should bring EUR back above 200 pips before continue its journey to the north..

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By: Sean Lee https://fxww.com/sovereign-buyers-drive-eurusd-through-1-3800-1-42-here-we-come/#comment-31081 Thu, 24 Oct 2013 06:57:23 +0000 http://381c099c8f.nxcli.net/?p=10972#comment-31081 if so then only very briefly Ray. Medium term I see EUR/USD settling between 135/140 and cable above 1.70 so I remain v bearish on the cross

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By: Ray https://fxww.com/sovereign-buyers-drive-eurusd-through-1-3800-1-42-here-we-come/#comment-31080 Thu, 24 Oct 2013 06:52:17 +0000 http://381c099c8f.nxcli.net/?p=10972#comment-31080 Hi Sean, if that is so then eurgbp will easily break through the 200dma and 8550 resistance looking past 0.86 next?

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