Euro in 2009
Introduction
Since Euro has been in circulation from 1st January 2002, it has been a strong currency, giving a run for its money to the USD.
Ganesha looks at how the Euro will behave in 2009.
General Outlook and trend
Ganesha also feels that in general the trend for the Euro will be bullish and will stay strong through out the year, in bearish days it may not give much leeway and in the Bullish days, it will shoot higher up with a faster momentum and rate than when it devalues. After September 2009 though it may lose some steam and will favour bears more than bulls.
Detailed Short, Medium and Long term possibilities
Ganesha advises to take proper calculative measures before taking any positions in the markets, in fact this analysis is not taking trading decisions, it is an indication of the way Euro will in general behave or be valued.
The following days one may see typical high values of EURO, Bull days.
6 Jan 2009 to 16 Jan 2009
12 Jan 2009 to 14 Jan 2009 Very Bullish
26 Jan 2009 to 27 Jan 2009
18 Feb 2009 to 19 Feb 2009
28 Feb 2009 to 3 Mar 2009
14 Mar 2009 to 15 Mar 2009
18 Mar 2009 to 19 Mar 2009
7 Apr 2009
9 Apr 2009 to 24 Apr 2009
11 May 2009 to 13 May 2009
17 May 2009 to 22 May 2009 Slightly bullish
24 May 2009 to 27 May 2009
31 May 2009 to 2 Jun 2009
22 Jun 2009 to 23 Jun 2009
25 Jun 2009 to 27 Jun 2009
8 Jul 2009 to 20 Jul 2009
14 Jul 2009 to 15 Jul 2009 Very bullish
15 Jul 2009 to 16 Jul 2009 Very bullish
26 Jul 2009 to 28 Jul 2009
9 Aug 2009 to 10 Aug 2009 Corrective bull phase
16 Aug 2009 to 18 Aug 2009
22 Aug 2009 to 23 Aug 2009
23 Aug 2009 to 6 Sep 2009
21 Sep 2009 to 23 Sep 2009
28 Sep 2009 to 30 Sep 2009 Bullish days in a long bearish trend which is coming to an end.
6 Oct 2009 to 10 Oct 2009 Very bullish
25 Oct 2009 to 26 Oct 2009
3 Nov 2009 to 5 Nov 2009
22 Nov 2009 to 23 Nov 2009
9 Dec 2009 to 11 Dec 2009
The following days one may see a good bashing of the Euro and it may be low valued, Bear days.
18 Jan 2009 to 19 Jan 2009
23 Jan 2009 to 25 Jan 2009
8 Feb 2009 to 11 Feb 2009
23 Feb 2009 to 27 Feb 2009
23 Mar 2009 to 24 Mar 2009
4 Apr 2009 to 5 Apr 2009
15 Apr 2009 to 18 Apr 2009 Corrective bear phase
24 Apr 2009 to 26 Apr 2009
20 May 2009 to 23 May 2009
6 Jun 2009 to 10 Jun 2009
30 Jun 2009 to 2 Jul 2009 quite bearish
4 Jul 2009 to 7 Jul 2009
5 Aug 2009 to 11 Aug 2009
20 Aug 2009 to 22 Aug 2009
25 Aug 2009 to 30 Aug 2009 Corrective bearish trend
14 Sep 2009 to 1 Oct 2009
5 Oct 2009 to 7 Oct 2009
10 Oct 2009 to 12 Oct 2009
20 Oct 2009 to 21 Oct 2009
12 Nov 2009 to 13 Nov 2009
27 Nov 2009 to 30 Nov 2009 Highly bearish
Volatile days with a slight bearish undertone trying to beat the Bear.
26 Jan 2009 to 27 Jan 2009
17 Apr 2009 to 18 Apr 2009
11 Jul 2009 to 12 Jul 2009
20 Jul 2009 to 21 Jul 2009
21 Sep 2009 to 23 Sep 2009 Possibly a reaction and correction on the
upperside not a clear picture
29 Sep 2009 to 6 Oct 2009 Possibly a reaction and correction on the upperside not a clear picture
16 Nov 2009 to 17 Nov 2009
25 Nov 2009 to 27 Nov 2009
Volatile days of no sides
28 Jan 2009 to 31 Jan 2009
27 Mar 2009 to 30 Mar 2009
Happy Trading
Ganesha’s Grace
Rikhav Khimasia
The GaneshaSpeaks Team
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Love and Regards
Rikhav Khimasia