EURUSD | Page 189 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #3,761
  • Jan 17, 2008 4:08pm Jan 17, 2008 4:08pm
Quoting acidguy
just got this info in a big investment reference page.
hey acid, when yo quote stuff, it would always be nice to know where from.
  • #3,762
  • Jan 17, 2008 4:11pm Jan 17, 2008 4:11pm
Quoting acidguy
Beware!!!!

Bernanke Has Just Said, Europe And Asia Economies Not Slowing As Much As Usa.

Is This Man Pro Usa????? It Does Not Look Like, Is Like This Man Want To Destroy Usa Economy.

What A Fake.
huh? who cares about the politics of the matter. weak dollar is great for the US economy longer-term. one way to lower external debt is to weaken the currency, and boy do we have a lot of external debt.

everybody wants a weaker dollar medium-term, but no one wants a major readjustment over the course of a few days.

all these little USD gains are just head-fakes. question is how long they last and how severe they are.
  • #3,763
  • Jan 17, 2008 7:21pm Jan 17, 2008 7:21pm
Quoting digitil
huh? who cares about the politics of the matter. weak dollar is great for the US economy longer-term. one way to lower external debt is to weaken the currency, and boy do we have a lot of external debt.

everybody wants a weaker dollar medium-term, but no one wants a major readjustment over the course of a few days.

all these little USD gains are just head-fakes. question is how long they last and how severe they are.
Weak USD is great. However, the Euro seems unwilling to hit 1.50. We have every fundamental reason for the Euro to be there already.
  • #3,764
  • Jan 17, 2008 8:06pm Jan 17, 2008 8:06pm
Quoting falcon232
Weak USD is great. However, the Euro seems unwilling to hit 1.50. We have every fundamental reason for the Euro to be there already.
Yup you have a point their, we sure have every reason to be at 1.5000 right now, but i guess something fishy is going on.

Anyway I've decided to place a short order in at 1.4630. I have this little itch on my back thats telling me 1.4325ish will be comming back in play by next week. Especially since their is no critical fundamental news comming up. Along with this "no hit 1.5000 thing goin on" i believe we are going back down to our support level of 1.4325ish. This place looks like a great area for support on the daily and 4hr charts.
Short @ 1.4630 PT:1.4325 SL:1.4750
"Don't work for your money, but let money work for you."
  • #3,765
  • Jan 17, 2008 8:41pm Jan 17, 2008 8:41pm
So, guys - what do you say? This pair will hit the 1.4440 level tomorrow or not? I just thought, that tomorrow people will close trades, to get out with as much profit as possible, and of course to close any open positions for the weekend. In fact if the short movement will start tonight in Asia, it should follow it throughout tomorrow in Europe and the US...
Any opinions out there?
The greatest risk in life, is not taking one!
  • #3,766
  • Jan 17, 2008 9:11pm Jan 17, 2008 9:11pm
will actually the increase of usa deficit with the bush plan ll help the dollar?

its somehow confusing, 1 thing is almost for sure, long uj aftter the drop cause consumer confidence and before bush speech,
when bush presents his plan yen pair index is going drop like not seen in much time, why?

anxiety, many carry traders are out of the market.
  • #3,767
  • Edited 11:39pm Jan 17, 2008 11:11pm | Edited 11:39pm
Quoting attrium
So, guys - what do you say? This pair will hit the 1.4440 level tomorrow or not? I just thought, that tomorrow people will close trades, to get out with as much profit as possible, and of course to close any open positions for the weekend. In fact if the short movement will start tonight in Asia, it should follow it throughout tomorrow in Europe and the US...
Any opinions out there?
I just bought. 1.4642 on the dip seems to be bouncing off short term 20SMA good. Any good news related to stimulus could be good news for global economy. USD problems run deeper, perhaps.

Edit: nm scalped it for 6 pips, get a better look later.
  • #3,768
  • Jan 18, 2008 1:19am Jan 18, 2008 1:19am
Quoting attrium
So, guys - what do you say? This pair will hit the 1.4440 level tomorrow or not? I just thought, that tomorrow people will close trades, to get out with as much profit as possible, and of course to close any open positions for the weekend. In fact if the short movement will start tonight in Asia, it should follow it throughout tomorrow in Europe and the US...
Any opinions out there?
I definitly like your theory their, it sure has some sense, profit taking may occur due to the drop that just occured but we will have to see what may come up in the european open.
"Don't work for your money, but let money work for you."
  • #3,769
  • Jan 18, 2008 1:53am Jan 18, 2008 1:53am
does this look alright?
Attached Image (click to enlarge)
Click to Enlarge Name: euro jan 18th.gif Size: 30 KB
change the future, not the past
  • #3,770
  • Jan 18, 2008 3:44am Jan 18, 2008 3:44am
Acid,
Can u pls tell me how u know that carry traders are such a big part of USD/JPY and have that big influence on the price, isnt it for example AUD/JPY a lot more profitable for them?
Just plz correct me where im wrong

Quoting Acidguy
anxiety, many carry traders are out of the market.
  • #3,771
  • Jan 18, 2008 9:17am Jan 18, 2008 9:17am
Eur/usd weekly close today will have a big impact in the bullish trend in my opinion, finishing in a bearish touch for next week. Euro wasn't able to make new highs this week and it was quickly rejected from there. E/u may start to change its overall trend direction during next few months to South.
  • #3,772
  • Jan 18, 2008 9:19am Jan 18, 2008 9:19am
Quoting young_wu
Acid,
Can u pls tell me how u know that carry traders are such a big part of USD/JPY and have that big influence on the price, isnt it for example AUD/JPY a lot more profitable for them?
Just plz correct me where im wrong
its even huger than i thought some weeks ago. many many people in japan borrow locally for 0.5 price to the send the funds to other countries.

the amounts from investors are so big than when you see good news coming out the yen start losing like crazy. same in the other side, where there are bad they unwind cause no one want to lose.

right now there are great entries in carry trades as the usa goverment is something like intervening the economy.

i am long uj since 106.60 [email protected] if bush says something cool enter with big big lots, watch out.
  • #3,773
  • Jan 18, 2008 10:29am Jan 18, 2008 10:29am
Quoting acidguy
its even huger than i thought some weeks ago. many many people in japan borrow locally for 0.5 price to the send the funds to other countries.

the amounts from investors are so big than when you see good news coming out the yen start losing like crazy. same in the other side, where there are bad they unwind cause no one want to lose.

right now there are great entries in carry trades as the usa goverment is something like intervening the economy.

i am long uj since 106.60 [email protected] if bush says something cool enter with big big lots, watch out
Thanks for your reply, its getting a bit brighter but...
But, but... I thought that carry traders profit from the difrence in interest rates of a specific currency pair, the way they act on market isnt much affected by the economical statements (excluding statements about rates change ofc), nor even the price movements acttually becouse they are looking at a wider perspective... well, guess I was wrong
  • #3,774
  • Jan 18, 2008 11:02am Jan 18, 2008 11:02am
4hr chars shows support levels at 1.4575ish, and 1.4500ish. Any break and close below 1.4600, will display a critical downward movement towards one of these areas. I believe we are trading below the Ichimoku cloud created from January 1 to January 10 with the top of the cloud being 1.4800ish and the bottom of the cloud at around 1.466ish. This should become an apparent bearish movement of this pair later next week.
"Don't work for your money, but let money work for you."
  • #3,775
  • Jan 18, 2008 12:50pm Jan 18, 2008 12:50pm
My predictions for the upcomming week are very subtle. Since their are very little economic events occuring on this pair, we will have to look on the technicals to try and predict a movement of this pair. We still have a few fundamental events that may impact the value of this pair. But for now lets focus on technicals.

1hr: On the one hour charts it looks like we have a descending triangle forming, a break to the downside, and we could see 1.4575ish area and lower.

4hr: Charts indicate that we are trading below the Ichimoku Cloud that was previously created, another Bearish sign. It could bounce however to the top of the cloud near 1.4800 but I believe momentum will puch it down.

Daily: I believe that the daily charts may indicate a test of support near 1.4325ish area. Our movement down from the 1.4925area could indicate a test of support. We are however at the fib levels around 38.2, 50, and 62% levels, so this downward movement could in fact be a retracement before hitting 1.5000

Overall I am bearish on this pair unless a break of 1.4800 is done. I am sideing with a test of support near 1.4325 and then I may change sides to see whether we will go up. What are your guys thoughts on next week???
"Don't work for your money, but let money work for you."
  • #3,776
  • Jan 18, 2008 1:16pm Jan 18, 2008 1:16pm
Never know what news might come out, it sure can't be good for the dollar whatever it is.

1.4625

This pair has been strong for a reason. A lot of mouths to feed in Eurozone.
  • #3,777
  • Jan 18, 2008 9:43pm Jan 18, 2008 9:43pm
Quoting TIckerShuffl
Never know what news might come out, it sure can't be good for the dollar whatever it is.

1.4625

This pair has been strong for a reason. A lot of mouths to feed in Eurozone.
next week probably it could turn euro bearish. my recommendation better buy 1.45 or below for safe entries.

european union is set for a lot of reports next week which are expected bad.

strenght for the euro could be seen when Bernanke cut rates. then probably we could see this pair go to the sky,
after all, why the thing would you want to buy dollars if the interests are less than euros???

bad bad bad for usd.

but before bennie cuts we can see some usd strenght, so be careful.
  • #3,778
  • Jan 19, 2008 2:34am Jan 19, 2008 2:34am
Quoting acidguy
Beware!!!!

Bernanke Has Just Said, Europe And Asia Economies Not Slowing As Much As Usa.

Is This Man Pro Usa????? It Does Not Look Like, Is Like This Man Want To Destroy Usa Economy.

What A Fake.
I think Usa Governors likes weak dollar. it can help their export and they can stand against China
they don't want to help dollar in short or medium term
  • #3,779
  • Jan 19, 2008 9:36am Jan 19, 2008 9:36am
Quoting richson
I think Usa Governors likes weak dollar. it can help their export and they can stand against China
they don't want to help dollar in short or medium term

USD will be to Euro like the PESO is to USD...in 10 years.

I kid=.:

Typing on the Wii internet browser...sry to be short
  • #3,780
  • Jan 19, 2008 3:53pm Jan 19, 2008 3:53pm
Quoting TIckerShuffl
USD will be to Euro like the PESO is to USD...in 10 years.

I kid=.:

Typing on the Wii internet browser...sry to be short
when you sum what usa really produce "physically" and what consume you are going to tens x times a gap. usa depends on the strong dollar.

not strong dollar, less foreignes wishing to buy usa assets.
overall its not good the weak dollar, current usa industry cannot support even a little piece of the country, it depends so much in financials and foreigners.
or the other option, start to low the american living standard big.

i bet right now usa is in 2 sides, save the american people for now and blow up the economy far worse in some months.

or make american people pay its mistakes, leave the irresponsables without support, let many banks go to bankrrupcy, stocks to deflate. some companies go bankrupt. and clean out the system of garbage but usa can have a new starting after the storm.

but what is happening now is far worse for usa, lowering interest rates and creating more debt, more refinancing, is not going to please many investors around the world. when the help package get drained.
the problem is going to be higher, and the world will look concerned usa fiat irresponsable policy.

remember devaluation in countries like south america has been accompanied with growth cause they do not depend on the currency. usa scenario is differente. totally. so a dollar collapse will make usa collapse, default, and other things more.

i did not creat this, maybe the american dream financed with debt and more debt???
sad is all the people in the world who has not part on the american irresponsable consumer are going to pay as well.

when i read Mr.Ben is going to put quantities from $800 to $1600 in the american consumers, what an irresposabilty, is not usa already broke? why they keep creating more fiat and sending waves of inflation everywhere....

my words are harsh but are tue. so what can i do...
522 traders viewing now, 1 is registered:
swannjie