EURUSD

Is that a shooting star on H4?

MORE...GIVE ME MORE!

housing starts a little soft. sorry euro.

now Im thinking of joining you guys...

time for sell on short

eurusd...bbbbbbbbbbbbaby!

Locked in profit for 4, letting the 5th run and bed...BBBBABYYY!

I'm emotional

I dont get it

Isnt that into bed for USD and good for EUR (so we should go long?)?

I actually thought that it was but I trade my system not the news.

housing starts bad for stock market = good for dollar. now let the pips rain!! you can go long if you want to though.

my target is at 1.3575....should i target lower?

Housing starts slows, economy is still going down. Investors are risk-aversion, and they seek USD as safe heaven.

EUR now taking elevator for lower floor

whats the sar for eur

Oh EURUSD BBBBBABY...YOU'RE JUST TEASING ME BUT I LOVE YOU!

this is to the more experienced traders ........ with the bad news on housing meaning bad for stocks good for currency what do you expect USD to reach today short term ....... do you think 13530s im just interested on some technical or good old understanding

how did u get that number?

was first support on its way down...seems to be strong...cant really say

countdown to the opening bell....maybe dow may take the elevator too

lol All the time people new to fx come and write such Qs here, myself probably included at some point.

General answer: Market is typicly moving according to technicals, news are ussualy (unless it's something really big and shocking and even then the effect of it specificly on the chart is short lived - that is if it continues that way it means it intended do it anyway) already counted in in what you see on the chart.

Extended answer and my opinion which I think is very close to the truth:
Fundumentals only matter for long term trends - weekly charts and up. On daily and intraday charts the effect of a couple of significant news releases (beyond a local spike) though it may exist doesn't even matter in terms of analysing the chart - just do the technical analysis. You'll see some people try to attribute past news to past moves or weigh the relative amount of positive/negative releases between 2 curruncies - but ussualy nothing comes out of these forecasts beyond what would happen by pure chance and the past justifications are as rediculous as "verifying" astrological predictions - that is, the very large amount of information is filtered by the "analyst" weather on purpose or even unknowingly to supposedly justify the chart, though the same things were much easier and simpler to predict ahead of time using ta.