Tag Archives: downtrend

EURO recovery is only temporary

Posted on October 9, 2008 by Ramki

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been … Continue reading →

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EURO remains vulnerable

Posted on October 6, 2008 by Ramki

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met. Until we get there, it will be easier and more profitable to trade from the short side. When we reach … Continue reading →

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Kuwait Stock Index KWSE

Posted on October 6, 2008 by Ramki

Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached that level. So naturally we wish to know whether the market will turn around here and head back to 14,200. … Continue reading →

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