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  • EUR/USD back above 1.3250 but EUR/GBP the story

    From forexlive.com

    Read Full Story at forexlive.com

    At the highest levels of US trading. The earlier spike higher came on a reported 500m euro order from a US custodial shop. All the talk is about flows in EUR/GBP, with specs targeting stops above 0.8400/06. The trade here is to go with the flow. If 0.8400 breaks, there are pips to be made on the upside. If it holds, pile into shorts.

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    • Feb 21, 2012 10:38am
    • #1
    • Quote
    • wawasalsa

      474 posts

    • keep dreaming!!!
    • Feb 21, 2012 10:46am
    • #2
    • Quote
    • Sanguis

        2,137 posts

    • EURO-DOLLAR: Squeezes back up again, approaches $1.3270 and thus the
      reported supply at $1.3275 but no suggestion yet of any conspicuous
      flows on the move. Further offers expected into $1.3300 but can't
      exclude the possibility of undisclosed stops above the overnight high.
    • Feb 21, 2012 10:56am
    • #3
    • Quote
    • meysamkh

      64 posts

    • sell euro on 1.33 and waiting for 1.3060 in this week
    • Feb 21, 2012 10:58am
    • #4
    • Quote
    • Guest

      IP XXX.XX.166.58

    • Since monday the EUR/USD is satisfying the conditions of a Up-Channel whith amplitude of 90 pips, clarely visible on H1. In my strategies the target now is $1.3300, and i think that - which many optimism - the EUR may reach this first objective in the next 4 hours (before the American Session close)..

      Let's see what the market will show us in the next hours ^^
    • Feb 21, 2012 11:01am
    • #5
    • Quote
    • Sanguis

        2,137 posts

    • Quoting meysamkh
      sell euro on 1.33 and waiting for 1.3060 in this week
      Good idea.
    • Feb 21, 2012 11:04am
    • #6
    • Quote
    • safdarhashmi

      352 posts

    • same thinking here,but not for 3060
      Quoting meysamkh
      sell euro on 1.33 and waiting for 1.3060 in this week
    • Feb 21, 2012 11:08am
    • #7
    • Quote
    • meysamkh

      64 posts

    • what is your idea?
      Quoting safdarhashmi
      same thinking here,but not for 3060
    • Feb 21, 2012 11:11am
    • #8
    • Quote
    • torkay77

      torkay77's Avatar

      882 posts

    • i am short from 1.3280... my plan was to hold it a week... no pips left lol
    • Feb 21, 2012 11:12am
    • #9
    • Quote
    • safdarhashmi

      352 posts

    • i will close my position at 3200,than i will buy this at 3060
    • Feb 21, 2012 11:18am
    • #10
    • Quote
    • Sanguis

        2,137 posts

    • EURO-DOLLAR: Enjoyed a modest bounce through the London fixing event for
      trade to near $1.3275 level that was said to hold offers from mid-east
      accounts. Pair stalls and retreats modestly from there as market
      respects the level on first look but recall that talk suggests further
      supply is layered into $1.3300 area.
    • Feb 21, 2012 11:19am
    • #11
    • Quote
    • khanarsal

      218 posts

    • will it come to 3200 r u guyz watching gold its up up up and up thats the presure mkt is coming up
    • Feb 21, 2012 11:26am
    • #12
    • Quote
    • safdarhashmi

      352 posts

    • it will be you will see this tommarow,its a crazy market no one knows
      Quoting khanarsal
      will it come to 3200 r u guyz watching gold its up up up and up thats the presure mkt is coming up
    • Feb 21, 2012 11:33am
    • #13
    • Quote
    • khanarsal

      218 posts

    • i hope so! u may b right? dunno but i agree one thing mkt is crazy
    • Feb 21, 2012 11:37am
    • #14
    • Quote
    • md_wins

      26 posts

    • 1.3300 hard to reach. no one knows
    • Feb 21, 2012 2:36pm
    • #15
    • Quote
    • iwjw

      248 posts

    • It must have been pure coincidence that Morgan Stanley recommended yesterday to sell eurgbp @83.20 with stop @ around 84....lookie,lookie where we are today...the SL should do it's job tomorrow latest
    • Feb 21, 2012 3:28pm
    • #16
    • Quote
    • moaf

      moaf's Avatar

        910 posts

    • watch market to sell@1.3300, PMI expectations are very modest, so market can go up 50-80 pips, then freefall with first bus stop @ 1.3000, will see ...
    • Guest

      IP XX.XX.76.170

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  • Story Stats
  • Posted: Feb 21, 2012 10:35am

    Submitted by: FF News

    Category: Medium Impact Breaking News

  • 3,021 Views

  • 16 Comments

    wawasalsa, Sanguis(2)(3), meysamkh(2), Guest, safdarhashmi(2)(3), torkay77, khanarsal(2), md_wins, iwjw, moaf

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