EURUSD

Thanks for the explanation.
Always learning.

why didnt u short cable? much better as under dp, then again you have good reasons for your trade. Good luck

Damm this is boooring, i would have given up EU for GU, but I aint got a feel for GU and end up loosing money

we shall see

LONDON (Dow Jones)--Worries about Greek financing costs remained the primary driver of currency markets Wednesday, leaving the euro lower against most other majors.
The pound, meanwhile, was under pressure as the U.K. election campaign got underway in earnest. Although the ruling Labour Party is still trailing in the polls, the opposition Conservatives haven't got enough of a lead to ensure a solid majority in the House of Commons after the vote May 6.
The yen was also finding little support after the Bank of Japan left its interest rates unchanged at 0.1%.
Confirmation that Japanese rates will remain unchanged emerged as minutes of the U.S. Federal Reserve's last policy meeting showed that there is also little pressure for U.S. rates to be raised at this stage.
With neither central bank showing signs of movement, yield differentials are expected to remain in favor of the dollar against the yen.
As currency strategists at UniCredit said: "The Bank of Japan meeting outcome offered no reason to alter the current yen bearish tone."
They added that the dollar could now test Y95 again.
Although Greece denied reports that it's trying to exclude the International Monetary Fund from its debt rescue package, the mere suggestion that Athens has yet to settle on the terms of new funding appears to have unnerved investors, who had hoped that the Greek debt crisis had been largely resolved. Instead, there have been reports of withdrawals from Greek banks as well as talk that Germany will demand that Greece pays full market rates for any funds it uses.
The result of all this has been a rise in the price Greece has to pay for any money it raises in the bond markets. The yield spread between German and Greek 10-year bonds has risen sharply in recent days, with the latest readings remaining highly volatile.
See the euro's latest slide against the dollar:
http://www.dowjoneswebservices.com/chart/view/3783
The euro did get a little help at one stage from the latest composite purchasing managers' index for the euro zone, which rose to 55.9 in March from 53.7 in February. The market had only expected it to rise to 55.5.
As the U.K. election campaign gets underway, the pound has bounced from its lows but is still at risk as investors wait to see if the Conservative Party is able to pull ahead in the polls and reassure financial market participants that it will win the election with a majority large enough to ensure it can tackle the country's massive budget deficit problem without seeking the support of other parties.
By 1030 GMT, the pound had fallen to $1.5242 from $1.5278 late Tuesday in New York, according to EBS.
The euro was down at $1.3388 from $1.3406 but it rose a little to Y125.78 from Y125.63.
The dollar rose to Y93.96 from Y93.71 and to CHF1.0701 from CHF1.0685.

-By Nicholas Hastings, Dow Jones Newswires; 44 20 7842 9493; [email protected]

will buy at 1.327, decent support there.

Thanks Mate

yeah , just taking possible top ,corrected 143.90 instead of 144.90 activate ok ,if not, decide in the evening.so all pending in gj,gu,eu set not.

trade well.
fontu

well actually I did but with only 0,12 lot, and euro with 0,5 lot... now cable is +54 pips and eu is +4pips aaaarghhhh....

I did because there was several good messages for pound but all for euro was bad news only... So I was expecting that euro will go and I am still expecting to 1.33=>1.31=>1.28 there will be some retreace of course

5m showing IHS...

could I ask what is IHS?

hi guys.

as suspected, order did not get filled at 3422 & 3466 respectively.

Hi hatch. Hope all is well. Stopped out earlier at 1.3402 would you believe. They came for me In short again though for the ride down

i'm back.. just to see that it's not moving like yesterday, again..

inverted head and shoulders...

My long trade is hovering around break even


A dip to 1.3260-1.3305 area might be appreciated


Buy dips..


gu long trade oscillating between +300 and +400

.

what is this rally down to the euro ?

Haven't had my coffee yet, but I was just wondering... is that a sentence or did your cat walk on your keyboard?