Seems to be heading for 1.02, but what is the rationale, given that Aussie does has its shares of woes. I like to long this currency because of the roll over interest rates.

This is bad news for the pound

Another 6 hours, the next year trading starts! May everyone have a Prosperous trading year!

I am waiting for 5450 for my last trade of the year. Happy New Year, everyone!

Well I am another one who shorted it today at 3460. I think I do have a fairly good chance of making a profit.

I am short but from 1.5750. Problem is when I see it goes 1.5800 and above, I am really Short of confidence too. Will it be such that it just goes 1.5800 towards 1.6000?

If I have such good pips, I certainly do not mind the swap . Now is 98.07 and going down....

The Asian market seems so quiet that I can hear a pin drop, it needs more than Viagra .

Anyone knows what actually happen resulting in such a downturn for USDJPY pair? Is there any adverse news?

Japan and USA is having a joint military exercise on Friday, you will never know what North Korea will be doing, I think safer not to short, in case, North Korea shoot a missile or two, I think USD/JPY will be up a lot.

The current Euro pricing is underpinned by hopes of success of the Ireland bailout. Just curious what if the Irish Parliament refuse to pass the bill and hence the bailout is unsuccessful, what will be the impact on the EURUSD pair?

Looking at the situation it may retest 9800 that is provide Gov Stevens is positive towards the Aussie dollars in his comments.

Deeply appreciate the senior members like you giving out pointers to beginners like me. Thanks hope you have lots of pips always

Not sure, I am a beginner, just starting to learn how to read the charts. Do enlighten me instead One thing that confused me, Aussie economy is much stronger than Euro why does it fall in tune with Euro?

I am on long on this pair, what is the next support line? Or should I cash out and buy only when it goes lower? 95?

Extremely wasted, I sold at 83.6 plus. Now it is 84 plus. What do you think of the trend? Safe to enter and buy again?

USD perhaps? Those paper seems to be more valuable than the Euros. Or maybe the China Yuan if China permits.

Thanks for the article. Looks like the Jap govt is trying very hard to lower the value of the Yen, but if it didn't interfere when the Yen is at 80 plus in the USDJPY pair, no reason for it to intervene now. Also the trend today looks like ...