EURUSD

I know we are the EU forum but I was wondering if anyone has done any research on the NZ interest rate announcement?

I haven't been watching NZ much since I don't trade it but a surprise to the upside would rock a lot of pairs. Anyone that actually has done some research have any input on this?

I'm looking for 1.38XX or higher on EU this week, maybe little pullback to down side tomorrow, during Asia and early London, but then up.

I don't think we'll see five doji like candles in weekly chart, which is indicating there is a problem going down. If NFP couldn't change that, what can? Creek button has lost most of it's effect already, downside would require media to grab new dirty and bloody bone to chew.

Also stocks rally, gold has an uptrend and USDX bull channel was broken last week.

mmcormic. kiwi may have hit high for a while already. were watching it

Yeah I noticed that level last night and thought it might take it out but the current 4hr suggests a fall much further.

I was just wondering if anyone had looked into the possibility of a rate hike surprise.

EDIT: On the other hand the nice thing about the rate announcements is they bring in volume on all pairs usually, so the NZ should be good for late day volume.

get ready to sell the news in 10 min

I am watching to see the market break above 1.3736 in by Friday and then i will be looking to start selling.

I am long, but only small stakes as this is counter the bigger trend.

My turning point on the cycle is due Friday, but was hoping to see it today due to fib day counts.

tp kept small because ma 200 in h4 there at 1102 .
Do not want go overnight for me , so try close before my close.
fontu

Hi guys,

Why did gold tank! i cant find much info on it... and i was not around to watch that happen....
can any one answer?

i may not see it.. let me know. i was curious. if that number works then your below 200 ma?

Awesome call. I thought you were silly at the time and just liked to draw bats on charts.

My learning money for the week got wiped out by the sucker break out so I'm out for the week.

Next time you tell me your bats are in formation though I will definitely take you more seriously.

Learning lots here, thanks everyone for all the great posts!

were bad for the USD or in line?

no effect on the price...

It was slightly worse...you're correct though, obviously not much affect on price...

acumulation at the 50 to go down or the 40 to go up?

really tight range...

next set..

eu 3573m 3467t
gu 4872m 4751t
gu 4853m 4713t
au 8949m 8907t

Going around looking for a reason for the fall in gold or any market is usually an after the fact thing that tries to make sense of a move when the truth is the trend is usually just pushing it around...

That being said:

Shares of Minco Gold Corp jumped 33% percent on Tuesday, after the junior gold explorer reported discovery of a "significant gold zone" at one of its exploration properties in China.

Supply increase effecting price... I don't think so but it's possible.

here it is .it may break down this but may not sustain but if will tank.
fontu

J C Trichet was scheduled to speak about an hour ago. Does anybody know the jist of what he said?
Can't find anywhere and bloomberg is not reporting yet.

EU moving up a little, probably due to budget numbers

should shake the euro a bit




http://www.ekathimerini.com/kathnews/images/xline.gif NEWS
http://www.ekathimerini.com/kathnews/images/xline.gif http://wk.kathimerini.gr/kathnews/images/dot_clear.gif Strike to paralyze services again


http://www.ekathimerini.com/kathnews...0_115525_1.gifPANAYIOTIS TZAMAROS/ICONFormer employees of the now privatized state carrier Olympic Air mill around yesterday in front of the General Accounting Office in central Athens where a sit-in by laid-off staff entered a seventh day. Protesters are calling on the government to make good on generous termination settlements pledged by the previous conservative administration.
A general strike tomorrow by workers protesting the government’s new austerity measures is expected to ground planes and seriously disrupt public services and transport in the capital.
The 24-hour strike, the latest in a series of protests called by the civil servants’ union, ADEDY, and the country’s umbrella labor union, GSEE, has been organized as a reaction to tax increases and reductions in holiday pay in the public sector that were voted through Parliament last Friday. As on February 10 and 24 when similar strikes were staged, services will be scant and the capital will be inaccessible for much of the day as three protest rallies are planned.
Public transport will be crippled with no services on the metro, buses, trolley buses, tram, railway and suburban railway. Only the Kifissia-Piraeus electric railway (ISAP) will be operating between 10 a.m. and 4 p.m.
All flights, incoming and outgoing, will be postponed as air-traffic controllers walk off the job. Ferries will remain moored at ports across the country as seamen join the action.
Schools and tax offices will close and hospitals will operate with emergency staff. Courts will also be closed as lawyers and clerks stay at home. Meanwhile the piles of trash on the streets are expected to grow as landfill staff continue their protest action.
The largest rally planned for tomorrow, by GSEE and ADEDY, is to start at Pedio tou Areos at 11 a.m. while another rally, organized by the Communist-affiliated labor union PAME, is to start at Omonia Square at the same time. Half an hour earlier, members of the police force, fire service and coast guard will march from the Old Parliament Building to Syntagma Square.

This is purely for educational purposes, for you and for myself. Note this chart is the EUR/JPY pair. The question at hand is, does head and shoulder develop only horizontally or does it develop while pa is making higher highs and higher lows as well?

Question to be revisited after a new high is made or we got close to 122.50 (the distance from head to neckline is the distance it should go down if break)

hello guys, kuroro can we short from 3670 or maybe 3700 is good and target 3600 > 3550 ? what you say on that ? From patris with love