Dobri's prognosis on EUR/USD, Gold and Apple Inc.

Forecast published April 26th 2012, 11:14 AM GMT

EUR/USD - I think the fundamental factors are against euro. It is to lose value. As now the Euro is in almost 10 day up-trend so it is probable soon to go down. This is the simple logic of the energy of movements against the fundamental factors. Usually such movements are a good opportunity to open positions that will profit when the fundamentals are back in game. So I think current levels (1,3220-1,3240) are good to sell euros. The possible profit is about 50-100 pips.

XAUUSD
- Gold is a secure investment in uncertain times. As I predicted, it was a deal to buy it at $1630. Now is $1647 and it is a good moment to sell. Generally keeping the gold and not selling it is always a good deal. But if we think on intra-day profits, I think now is good time to sell and when again is down below 1635 - to buy. I don't advice short positions against gold as at every moment it can skyrocket over $1700 due to inflational pressure.

Apple  Inc.- I think the shares of Apple are over valuated in midterm. There is a pressure down. So now, after their skyrocketing due to good financial results is a good moment to sell. I think we will see soon Apple shares below $550.

Dobri

Was this prognosis right? Look at the results analysis...
For Apple look also at second results analysis...

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Dobri's prognoses are not regular forecasts of markets, but forecasts at moments when Dobri believes the processes are predictable. Generally most of the time the markets are unpredictable. But sometimes there are factors that well analyzed can lead to a good prediction. So these are the Dobri's prognoses.

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