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  • Euro spikes as US$ sellers return

    From forexlive.com

    Rapid rise in the euro particularly in the past 30 minutes I can't pinpoint the exact reason ( equities are softer but hardly collapsing) but we've seen some decent euro buying in a rush EURUSD is up through 1.1300 with EURGBP 0.7371 and EURJPY 135.26 but we're also seeing USDJPY down to 119.65 and GBPUSD up to 1.5335 USDCHF is on session lows as is USDCAD but AUDUSD struggling to take advantage I'll keep trawling around to find more answers. If anyone has any clues then please post here in the comments

Hmmm dollar sellers? .. according to my charts, this is a euro move, not a dollar move..
Can anyone Know what happen with EURUSD pair right now?
  •  Guest
  • | IP XX.XX.10.14
where is the resistence?
  •  Guest
  • | IP XXX.XXX.97.174
Perhaps plenty of options need to be fulfill for October. There was news yesterday about it.
  •  Guest
  • | IP X.XX.78.189
Stop haunt,selling opportunity for EUR
There is no reason behind EUR to make sharp move up, when European equities are falling down. Its market makers manipulation game taking stops out. European economy is falling off the cliff, the only move for EUR should be downhill @ 1.05 level. This is another proof of how vulnerable speculators are against shark market makers.
Third visit to 1.13 since sept. 21.. if it can push through .. there is some more resistance at 1.1350 then at 1.1420 only time will tell if it's just a stop run..but I'm not shorting it with that bad nfp from last week.
Quoting JimDandy
Hmmm dollar sellers? .. according to my charts, this is a euro move, not a dollar move..
for a short time dear.
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  • | IP XXX.XXX.214.64
AGAIN!!
Look at the charts...
look at the volume and may be London opens

Risky bet short EUR/USD at 1.1288 w/target 1.1245.
Imo AU bulls are on their way (again).... 4hr C&H with the H&S bottom. EA took the breath from the initial move (AUD has been heavily weighted by euro for some time) AJ looking similar.
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  • | IP XX.XX.200.163
remember 2 pm Feds minutes, eur will fly to 1.1350 everybody buying now
EUR has traded bid since London walked in and just pushed above yesterday’s top to an intraday high of 1.1301. There is no headline and European equities only opened marginally lower, so it's looks to be a stop loss run. Flow wise, we saw a fresh wave of EURUSD buying mainly from banks and to a lesser extent from leverage names.
Quoting Matts Micro
Imo AU bulls are on their way (again).... 4hr C&H with the H&S bottom. EA took the breath from the initial move (AUD has been heavily weighted by euro for some time) AJ looking similar.
Absolutely. This has pushed my EA long into a nice position.....
Quoting Exodus
Absolutely. This has pushed my EA long into a nice position.....
Yup it's looking good on my TE too (st position)
I am looking at 1.58, it was the BO downside and it could be the timing for AU bulls to get turbo charged. It's possible Yen will take the EUR's place in killing AUD bulls... could be UJ's time to break that awesome support region, it will prob hold off until US comes online though.
Lots and I mean lots of retail traders are short, so not sure but then again if the US is not going to raise even .25% well I think that may be the reason why the euro is moving in the up direction....If I were you guys I would lay off trading this pair until a clear direction can be seen....
euro falling below 1,10xx will begin in next ECB meeting, I guess until there is some upward move on EUR/USD
I think the usd has further to fall against everything pretty much for quite a while. I've been seeing it fail against a lot of crosses and majors this week.
Quoting Matts Micro
Imo AU bulls are on their way (again).... 4hr C&H with the H&S bottom. EA took the breath from the initial move (AUD has been heavily weighted by euro for some time) AJ looking similar.
4hrs later (from BO) AU with a little too much ado is finally moving.... It's a good sign for a trend movement though unlike the EU that seems to coughing and spluttering which is probably the result of a TA BO (wedge) without a trend or fundie confirmation.
Quoting liberty458
Lots and I mean lots of retail traders are short, so not sure but then again if the US is not going to raise even .25% well I think that may be the reason why the euro is moving in the up direction....If I were you guys I would lay off trading this pair until a clear direction can be seen....
It's madness itself to short EUR, long-term.
Madness to do anything before FOMC. Wait and see. Anything else is just a bet on red or black.
Quoting wildbill2u
Madness to do anything before FOMC. Wait and see. Anything else is just a bet on red or black.
Does that include the TA green pips on AJ and AU as posted?
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  • Story Stats
  • Posted: Oct 8, 2015 3:27am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 21  /  Views: 6,107