EURUSD

On the hourly chart, price is near both the whole number S/R level 1.3450 and a trendline. It's a lot for price to break through so price action may head back up towards 1.3500

nice stab on cable.....euro is very lethargic after goof ifo #'s....will wait patiently.....ciao


mm

I could live with 3450 would get me out of my short I am carrying around, but I think we have seen the bottom at 66 otherwise max down on my chart is 62. It all doesnt matter anyway it goes is go as long as it moves up or down.

looking good for longs, couple of good rejection candles around the PP.... ill look to get out of my long at 83 when it gets up there and keep the one i ordered at the PP

EDIT: hold that thought!

My sentiments exactly. I'm out of a trade so I'm planning on looking for long entries. My shorts are done and if price does continue to short, I won't touch it ... I don't chase trades.

But at this moment, I do see an new long entry on the hr. I'm looking at a long dark cloud candlestick setup now so if price is able to hole until the next hour I'll probably take that trade.

testing the atc demo active trader platform. i like it so far. good spreads. i can do hedging. perfect. i have an issue with the lot size, i can t see how it s possible to trade less than 10 k. anyone ?

former 73 got stopped 1 pip profit now new long at 67 will do the same and move sl to 1pip profit asap.

stopped out of both my shorts

that's me out for the day. good luck to the rest

out on gbpusd at 5347

Anybody can explain Why USDCAD is down more than 100 pips

EURCAD up more than 100 pips, while USD up against the EUR?

What is this? Joke?

Define about please.

e is going for the 50 thats why no stresss

I use ATC. I like them. Yes, 10K is minimum size but you can do micros after 10.

Micros after 10 ? please explain

Yeah, question remains EURCAD should be down more than USDCAD

Anyways I have limited Buy orders for EU if it drops..

Must start with a mini, i.e., .10, but from there up you can do .11, .13, etc.

NEW YORK (Dow Jones)--The euro surrendered most gains made on the back of a better-than-expected auction of short-term Greek debt Tuesday as lingering, longer-term concerns over euro-zone sovereign debt weigh down the common currency.
The Canadian dollar, meanwhile, gained strongly against the greenback -- again hitting parity with the U.S. currency -- after the Bank of Canada stood pat on key interest rates, but signaled monetary policy could soon tighten based on a steadily improving economy.
"The Bank of Canada left rates on hold, but changed the wording of its statement to suggest the risk of a rate hike is greater and sooner than previously anticipated," said Marc Chandler, global head of foreign exchange at Brown Brothers Harriman in New York.
Tuesday morning the euro was at $1.3472 from $1.3469 late Monday, according to EBS via CQG. The dollar was at Y93.03 from Y92.38, while the euro was at Y125.32 from Y124.42. The U.K. pound was at $1.5365 from $1.5316. The dollar was at CHF1.0642 from CHF1.0641.
The ICE Dollar Index, which tracks the greenback against a trade-weighted basket of currencies, was at 80.929 from 81.015.
Boosting the Canadian dollar nearly 1.4% against the U.S. currency, the BOC on Tuesday firmly stated that rate hikes are coming by explicitly removing its year-old conditional commitment to keep the overnight target rate at the lowest possible level of 0.25%.
In a clear signal that it could raise rates in June, the Bank of Canada said with recent improvements in the economic outlook, the need for its low-rate pledge is now passing, and it is appropriate to begin to lessen the degree of monetary stimulus.
Slow-growth economies and debt-laden peripheral countries continued to weigh on the euro, which had risen overnight well above the key $1.35 mark on the auction of short-term Greek debt, along with a surprisingly robust reading of German economic expectations.
The common currency hit a peak of $1.3523 after Greece raised EUR1.95 billion of three-month funds with a yield comfortably below its 4% pain threshold.
Still, the yield is much higher than the 1.67% at the previous auction in January, and compares with a July 2010-dated German Treasury bill, or bubill, trading at 0.26%/0.22%.
But the common currency came off its intraday highs as lingering questions remain over the longer-term prospects for Greek financing and over the mechanics of an International Monetary Fund-E.U. bailout plan.
In Sweden, the Riksbank left its interest rates unchanged at 0.25% as expected but the central bank said that increases toward a "more normal level" will begin in the summer or early autumn. The Swedish krona gained around 0.4% against the dollar and euro by early New York trading.
The Reserve Bank of Australia pushed the Australian dollar higher Tuesday after minutes from the central bank signalled further rate hikes lie ahead. Also buoyed by rising commodity prices, the Australian dollar gained nearly 0.9% against the dollar by morning trading.
The pound, meanwhile, got a brief lift from news that U.K. inflation jumped up to 3.4% in March from 3.0% in February. This rise was more than the market anticipated and could boost expectations that the Bank of England will have to tighten monetary policy later this year.
-By Bradley Davis, Dow Jones Newswires

possible rate hike next time

Fraction lots can be used only in M format

?????

Barobama can spook the Markets with the Wall Street Reform.

+ Goldman Case, this would have negative impact for the Markets.

It's start to look more and more like USSR, - everything regulated

and controlled by .Gov