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Old 18-07-2006, 13:07   #63
rufffen
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Re: EUR/JPY CYCLES UPDATE Part1

USDX (dollar index) UPDATE: This item looks like it broke the double top formation, trading above 87 right now, BOTH DAILY and 1 hour EW analysis pointing more UPSIDE, 1/2/3/4/5 impulsive action will bring it to 87.60-87.80 VERY SOON.

So what that means is the EURO and CABLE descent from the current levels is almost eminent now.

XAU SPOT GOLD sliding lower, Id expect next target 613 580 and the low at 564 to be reached withing next 1-2-3 weeks.

Last edited by rufffen : 18-07-2006 at 13:21.
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