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1.6017 1.65
1.6036
1.50
1.25
1.2333 low
1.20
A break of 1.27 might
1.15
complete a Head and
1.10
Shoulders Top – greatly
1.05
adding to selling of the Euro.
1.00
0.95
0.90
0.85
0.80
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Euro - US Dollar 1.64
1.63
High 1.6036 1.62
1.61
1.60
WEEKLY CHART
1.59
1.58
1.57
1.56
1.55
1.54
The market has found the
0.0%
1.53
1.52 61.8% Fibonacci
1.51
1.4716 1.50
1.49
retracement at 1.3485
1.48
1.47
1.46
preventing further Euro
1.4336 1.45
1.44 weakness.
1.43
1.42
1.41
1.40
1.39
1.38
For the time being.
1.37
1.3733 1.36
61.8% 1.35
1.34
1.33
1.32
1.31
1.30
1.29
1.28
1.27
1.26
100.0% 1.25
1.24
1.23
1.22
1.21
May Jun Jul Aug Sep Oct Nov Dec 2008 Mar Apr May Jun Jul Aug Sep Nov Dec 2009 Mar Apr May Jun Jul Aug Sep Nov Dec 2010 Mar Apr May
SEVEN DAYS AHEAD Professional trading guides and recommendations for the World's markets
Authorised and Regulated by the FSA 124 REGENTS PARK ROADLONDON NW18XL TEL +44 (0) 7849 933573
E-MAIL MSTURDY@SEVENDAYSAHEAD.COM WWW.SEVENDAYSAHEAD.COM
This information memorandum has been prepared solely for informational purposes for customers of Seven Days Ahead and is based on publicly available information from sources
believed to be reliable. It is not an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. No representation is made as to the completeness or
accuracy of any statements or forecasts contained herein and no responsibility or liability is accepted for losses arising from transactions undertaken or investments purchased, sold or
held on its recommendation. Consequently, any persons acting on information contained herein do so entirely at their own risk. Although the opinions contained herein were
considered valid at the time of release, financial markets are subject to rapid and unexpected movements. Seven Days Ahead, its associated companies, their directors, employees,
other customers or connected persons may from time to time undertake transactions or deal in investments mentioned in this information memorandum or have a material interest,
relationship or arrangement in relation to them.
In association with
1.485
1.480
1.475
DAILY CHART
1.470
1.465
1.460
1.455
The detail of the trade off from
1.450
the beginning of the year reveals
1.445
1.430
1.425
1.400
1.395
1.390
And, for the moment the 61.8%
1.3857 Low
1.385
1.380
Fib is good support beneath the
50% Fibonacci retracement
1.375
market at 1.3485.
1.370
1.365
1.360
1.3535 Low
1.355
1.350
1.340
1.335
14 21 28 4 11 18 25 1 8 15 22 1 8 15
2010 February March
Mark Sturdy
Seven Days Ahead
SEVEN DAYS AHEAD Professional trading guides and recommendations for the World's markets
Authorised and Regulated by the FSA 124 REGENTS PARK ROADLONDON NW18XL TEL +44 (0) 7849 933573
E-MAIL MSTURDY@SEVENDAYSAHEAD.COM WWW.SEVENDAYSAHEAD.COM
This information memorandum has been prepared solely for informational purposes for customers of Seven Days Ahead and is based on publicly available information from sources
believed to be reliable. It is not an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. No representation is made as to the completeness or
accuracy of any statements or forecasts contained herein and no responsibility or liability is accepted for losses arising from transactions undertaken or investments purchased, sold or
held on its recommendation. Consequently, any persons acting on information contained herein do so entirely at their own risk. Although the opinions contained herein were
considered valid at the time of release, financial markets are subject to rapid and unexpected movements. Seven Days Ahead, its associated companies, their directors, employees,
other customers or connected persons may from time to time undertake transactions or deal in investments mentioned in this information memorandum or have a material interest,
relationship or arrangement in relation to them.