If that channel I drew and attached here earlier is right, then it just got broken and we're in for a rather quick ride to 1.55..
Historical resistance at 570
Historical resistance at 570
On the path to Enrichment.
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
DislikedTheres a trend line at 1.5545/55 range. Maybe there, but if that breaks, look out belowIgnored
DislikedTheres a trend line at 1.5545/55 range. Maybe there, but if that breaks, look out below.Ignored
DislikedSenior executives from the top five U.S. oil companies are meeting with frustrated lawmakers today on Capitol Hill, where they will defend the government's billions in federal subsidies while the companies rake in massive profits. The companies, which include ExxonMobil Corp., Shell Oil Co., BP America Inc., Chevron Corp., and ConocoPhillips, together earned about $123 billion last year because of soaring oil and gasoline prices. Oil industry leaders have previously argued in Washington that tax breaks are needed to ensure continued investment in exploration, production, and refinery expansions. President Bush has pledged to veto any bill that singles out the industry.
http://www.usnews.com/blogs/news-des...il-1-2008.html
http://biz.yahoo.com/bw/080326/20080326005367.html?.v=1
http://www.ajc.com/blogs/content/sha...reaks_for.htmlIgnored
DislikedI think the market is waiting on oil. Oil is correlating with euro$ almost exactly right now.Ignored
DislikedAgreed, waiting on oil.
In watching both oil & E$, something has changed in the past 10-20 minutes.
I have been following oil with E$ for a while and it seems that as oil is going up from +$0.25 to $0.90 the E$ went down 3-4 pips. I know this is a very small move but the tie can be seen. As I am writing oil went to +$0.60 and E$ dropped 2 pips. Could the tie be flipped from the past few weeks? Oil up E$ down instead of oil up E$ up? Maybe it's just lag in setting up for a run down.Ignored
DislikedI just saw the same thing and wondered. Oil was ticking down and eur$ was ticking up. I think the oil charts lag more than if its on your live trading platform.Ignored
Dislikedthere are many news this week,..bernarke,trichet, nfp week,...unemployments....and yes im buying dips,...testing swing system...hope i could make some swing above 1.566s..and hello to romania,..mioveni dacia is on strike 2...Ignored
DislikedGold is under 890... That's bad for eur/usd. For example, look at the last week: when usd felt to the 1.53 gold was higher than 900, so that gave a chance that usd will grow, but now gold is under the level, so i think eur/usd will go to the 1.5Ignored