Written By Roberto Jbili
Date: 10-4-2009
Global Investments Picks, Short The Euro
EURO/USD Exchange Rate: Around 1.32 EURO/USD Exchange Rate Target 1.17
 

Market Players & Technicals:

 

Market Leaders Like Mr. George Soros Always Translate the Fundamentals into Forex Exchange Rates Leading the

Hedge Funds Which Follow Closely his Trading Decisions and Orders.

Back to Point 1 When Mr. Soros Made the Euro Rise Then To Fall It will Be Here a Similar Story:

 

Point 1: The Euro Touched The High of That Pattern at 1.3650 then Dropped to 1.2750 Then The Euro Was Up Again to 1.3480,

Then The Euro Was Going Down Sharply To 1.18. (The point Nr.2 Will Be same Story of This Point with Same Players and Same Technical Insight.

 

Point 2: The Euro Touched 1.4055 Then Dropped To 1.2550 Then The Euro Was Up to 1.3650 to Be down Later to 1.18 Levels

 

   

Fundamentals:

 

* In Fact the Oil Has Lost 2 thirds Its Value, The Oil Is Down Form 150 $ a Barrel to Just 50 $

 

* The Euro Reacted Less than Market Expectations:

Real Value will be Also Losing 2 Thirds of The EURO/USD Exchange Rate: from the High Combined With Oil At 1.60 to 1.40 to 1.20

 

 

***** The Gold Factor Will Play an Important Rule Here, The Value of The Gold Reserves at the World Bank which the

Euro Has (Putting Gold to Print Money Paper) will go Sharply down and will be Reflected Into Exchange Rate Since the

Gold is Going Down To Touch The Levels of 670 $ to Reflect the So Far Called Talk Chance To Iran About The Nuclear Activity or an Unrealistic Geopolitical Stability.

 

****** The Euro is Just in Time To Reflect The Closing of Commodities Cycle Which Lasted for about 5 To 6 Years and To prepare As usual

The Return To The Technology Cycle Again, When Commodities Cycle Is Closing The USD Start To Reflect The Commodities Value Including

Metals, Gold, Oil Into A Strong USD Exchange Rate Which Has also To Help Euro Exporters Again and To Bring Down Real Estate Prices

Since The confidence in USD Will Rise.

 

The Signal:

 

The Euro is Going Down Sharply to Test the Below 1.20 Levels Around 1.17.
In Other Words Each 10 M Euro/USD Order will be Translated Into Around 1.5 Million Dollar in not a long time.
I Recommend Around 400.000 $ Margin As per Today Exchange Rate Of Euro/USD Around 1.32.
 

Written By Roberto Jbili 10-4-2009