European securities’ facing new high pricing measures as Presidential Election is approaching

MAJORS MAJORING NEW HIGHS (LOWS)


Euro running new yearly highs, so Pound should; the latter is on the way to the psycho level of 2.000, and so Dollar should (new Low). But when? Why the market always reaches psychological levels when liquidity is low or volume is low? Does it mean then that the market is pricing levels that are not correlated with fundamentals issues? Very true so.


Market depleted euro long term downtrend of almost 12 years, and the weekly close today is pivotal. Either 330 pips up or down, are the next short term trend target.


I would prefer the short trend to gain access to 13700 at least so the *trap* would be filled enormously with bulls, where media buzz accelerates the target to 160 – France near term election will add the pressure on new highs. ForexSurvivor Euro Long Term Target is 110, and such momentum gains a debut movement after France election. My target preference is reachable by all means.



Stay tuned with our news because we will pass a splashing hint in one of our Newsletter between April & March as to when Our Long Term EURO trend takes effect towards 110.


Equities behaviour is not compelling my expectations. They have the run towards new yearly highs, where some have already did like DAX, and awaiting S&P, so to correct the high of the sudden false disarrays that took place last month. Recall: Dow tumbled as it screened falsely last month; nice evasion to present to traders.



*** Vicious equities flooring is to be screened this month targeting at least MA200 on daily charts.

Oldies Kryptonite:

ForexSurvivor EURCAD Long Term Trade is approaching its target at 14930. However Cad positions on the screens is on consolidation phase after years of trending. Lulling around is the nickname for the year, few ups, and few downs…Needless to say, the market lulls when security pricing endorses the consolidation angle. It is the safest currency that can play well the technical indicator on your 5 mn chart. Prerequisite: check oil trend always, and ForexSurvivor bid is fix for summer season at least.

For traders who are concerned with eurjpy positions, I closed the long signal portfolio that I hold it as safe haven & awaiting the chute towards 15800 the least.

Anthony Samaha

Trading Engineer

*** The Potential Flows of Trading Information constitute my judgment and are not trading recommendations. ***

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