EURUSD

Yeah! Ahoy Jado! And merry XMas!

hahah good to see you again , merryXmass to you too.
so are you gonna trade long with grandma or what?

hmmm 5/8 cross down on 1m TF...keepin hope alive..

No, havent traded at all today. This isnt the right time to get messed up.

pretty much home free if i can get that on the 5m TF too...(hopefully)

4354 next on 5M?

indeed, scalped it long last night and now waiting so I don't miss my 2nd trip south

yeah...my BE is at 52...so anything south of that is the promise land for me..lol

Here's my analysis.
Already two bullish daily candles.

4188 4050 dec/jan target. on longer term chart. bigger target 2817 04xx
mid term 4171
short term 4273 and 4324. areas..

still could jump back into yesterdays chart but we did blow extention level by 4 pips. and much past 94...i left white levels in because things may just resume..but normaly i discard once high level breached. when charts are extended and levels work. we usaully resume. respecting levels will tell us. but since chart looks like it may contain it. and do seem to respect levels..thus far.
there was also red chart also on this one yesterday i removed since it became invalid when 63 was breached. time will tell. IF

i also expect a slightly possitive nfp..at least pay chex seems to show this..

merry christmas

MERRY CHRISTMAS to you and yours


Greg

P.S. and everybody else !

can any one plz tell my y euro n pound r down but gold is up.

merry christmas to all

because gold is not a good indicator for currency at times..what works today may not work tomorow. gold some use for inflation hedge. u.s. has a better chance for inflation then europe atm.. japan has a better chance of deflation. better chance of inflation means better chance to raise rates along with improved employment. then usd will strenghten.. in this model as gold rises the rest weaken (but not always).. oil can also rise at the same time with a little unrest. corelation changes at times. its what makes it a market. if it was so easy then everyone would be a winner. nothing is a sure thing.

GMT+2 close market?

Not close market?

closed?

Fxdd market not closed.

Closed here. So I am off. See ya all and merry christmas to all of you!

Closed on a beautiful move to 1.4353 with a hint that it wants to rejoin the major trend next week with a head and shoulders ensemble

Gold prices are in a tug of war between a stronger U.S. dollar and profit taking -- which weighed on prices -- versus bargain hunting, which created support. For now bargain hunters appear to have won out and are buoying the precious metal.

thank u sir.