1.3524 in view.. With possible ultimate target at 3740
Also 3416 may be worth shorting, especially if it will fly without retracement
Also 3416 may be worth shorting, especially if it will fly without retracement
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EurAnalysis Kindergarten 24 replies
DislikedHey guys,
I have been on the sidelines for EUR/USD forever. I chose to trade USD/CAD strictly.
However I see a nice weekly opportunity to enter long on E/U. I'll wait until 1.33 breaks once more and significatly and then go long with target above 1.39.
Looking at the weekly chart I think it's rather clear that the EURO is still consolidating and finding it's median price since it's fall.
I think the ECB has outstanding liquidity swaps which it will soon unwind that would undeniably support this theory.
Does anybody have detailed balance...Ignored
DislikedCome on E/U... Be a good little girl and give us a daily chart double top... Pretty pleaseIgnored
DislikedSupermario > Bernanke
he can "save" euro only with words, chuck norris has now a competitorIgnored
DislikedDraghi's problem is that he is awful at market manipulation rhetorics. So, he's punishment is going to be unwanted euro strength. Or maybe he does want a stronger euro, i don't know...Ignored
DislikedAt least some got their wish for a volatility eh!
Fundies moving the Eur...not much technical the past 48...still don't believe it but I've hedged cause some other dumb ass might make another comment.Ignored
DislikedDraghi's problem is that he is awful at market manipulation rhetorics. So, he's punishment is going to be unwanted euro strength. Or maybe he does want a stronger euro, i don't know...Ignored
DislikedWe have to keep in mind that the eurozone is energy importer, and so a weak euro is maybe not so good for europe.Ignored
DislikedWe have to keep in mind that the eurozone is energy importer, and so a weak euro is maybe not so good for europe.Ignored
DislikedOnly through speculation that the BOJ will not play ball with Abe... but at this point it is far fetched to believe that would happen... not that it wouldn't though.
I do see a very strong technical reason for JPY strength though, but only as a short term pullback before U/J rockets up to 95.xx
I have placed a buy limit on U/J at 85.60, but may enter manually before that if PA dictates.Ignored
Dislikedhallelujah!
I'm going long on USD/CAD with hopeful target @ 0.9980.. assuming the new breath of life in this pair will remain for the day!Ignored