Can only see Eur going up ;] 2d round of beating for the buck ;]
simple....
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
Dislikedwonder if players are making pre-announce moves now - cheap oil should still be dipping the euro - no reason *we know about* to go up yet.
I'm waiting for the huge short dump that should start happening soon. Uptrend should be killing shorty stops.Ignored
DislikedI think we could be in the lowest level of the week. Now, at 1.5849 is a good long entry point with stop loss in 1.5800.Ignored
DislikedEURUSD recovered some of its losses in overnight European trade after an article in Financial Times indicated that Sovereign Wealth Funds in the Middle East were continuing to pare their dollar long exposure. Kenneth Shen, head of the strategic and private equity group at Qatar Investment Authority, noted that 'the outlook for the US dollar is a significant issue for investors contemplating US-related investments.'
More troubling was the suggestion in the article that China's State Administration of Foreign Exchange (SAFE) has been looking to strike deals with private equity firms in Europe as a part of a strategy to reduce its dollar holdings. Chinese have been key buyers of dollar denominated fixed income instruments including bonds from the Fannie and Freddie Mac. Should their appetite for US securities suddenly wane, the greenback could see further selling as fears over financing of US Current Account deficit will resurface once again.Ignored
DislikedOil just dropped another 1$.....looking at oil...strong correctional move over the last days, actually not seen a drop this large since 2005 in such a short period...this strengthens my opinion that EUR can not sustain 1.58+ much longer...oil drop will boost the USD
Just my 2 cents...Ignored
DislikedIf you wondering about the sudden drop just now:
"JP Morgan posts better than expected 2Q results. EUR/USD trades down to 1.5845 from around 1.5875 while GBP/USD drops 30 ticks to 2.0015"Ignored
DislikedEuro will reach daily pivot near 1.5860. A much better selling price would be near falling channel resistance (blue line). Next significant support (red line) is rising channel support found near 1.5750. You will also notice a falling wedge on the hourly chart which indicates a possible resumption of the uptrend once the correction is over.
http://img150.imageshack.us/img150/6...sd1huz0.th.jpg
P.S. pls excuse the image qualityIgnored
DislikedWatching Oil sharply now, if it breaks Daily LTL at 132.5$ it has a potential to fall towards at least 125$...which could be the start of a trend reversal..Ignored