EURUSD

I expect it to go even lower. Bearish sentiment all the way.

The financial markets are afraid of a long political stalemate after the national elections next Sunday. The high debt of Belgium plays a role. That is what local media reported Tuesday.

yup it would be

imo if german industrial production data (25 minutes) doesn't revive bulls, bears take charge again

it was wishful thinking on my part.. but this could be fine also,

failed thus far 5m tf wasnt good enough

again?

no matter.. i'm short from 1927.. tp at 1885

well it wasn't much but a little fight can't be denied....

With a little help from my legendary luck !

denied...its not about the euro always. 2 more rungs on the ladder and you can short anything you want verses usd including gold and china. i thought bulls were gonna do more also.. i got pendings much higher.. no slip beyond 1991.. i missed the clue.. i thought we would have a round 2 at least. this alone is more exhaustion on the surface of candle watching.. but it just daily candles(usdx). the faint line left to right is what matters.. we are above it..

Guten Tag und Moin Kater !

Herzlichen Dank für Deine Nummer eins. Ich bin jetzt aus meinem Trade heraus. War anstrengend. Short - but too early - therefore I had to add some positions - in order to adjust / repair my BE at a more convenient level. Now closed all that trash - as it seems that major downmove might have been done at first. Maybe in NY session - we will go further - but here and now I do not want to hold any EU positions...

Es gibt ja auch noch andere PAARE !



Sostratos erscheint mir momentan etwas zu ambitiös - und der Daily Stance von Saxo ist dem völlig entgegen gesetzt.

Saxo says :

EURUSD :

0/+

Buy at the break of 1.1992 and target 1.2075. Stop below 1.1965.



nun gut - auch die machen eben mal Fehlgriffe in die falsche Richtung

wer weiß - evtl. kommt es nachher plötzlich ganz anders als der Markt im Allgemeinen denkt


biss später







bibib

News message h3 { font-size:14px; } p { font-size:12px; } [GERMAN APR IND PROD] rose a solid 0.9% m/m, exceeding f/cs of a 0.8% m/m increase only moderately as it eased from a revised 4.3% m/m prev (was 4.0% m/m). Recall, manuf orders came in surprisingly strong yest with a 2.8% m/m gain which was put down to a weaker Euro but Apr's trade balance earlier showed a sharp 5.9% m/m drop in exports. However, the plunge came after a very strong Mar & should be only temporary.


News message h3 { font-size:14px; } p { font-size:12px; } [USD/YEN] sinking towards session lows (91.23) as the DJI fut sinks into the red and bears flag the close proximity of a key low for the S&P fut now around 1046, the key support 1036.50 and a break opening the door for 1016. Traders talk of magnet stops below 91.20 but Japanese bids also tipped through towards 91.00 and the 200 day moving average a likely important influence at 90.95. Much stronger Japanese bids are tipped into 90.00 with several tech supports implying more of a grind into the 89.80-90.50 band. The US/Jpn 10 year spread is signalling another breakdown with the spread now 192.

As I was saying only a matter of time before it fell over.

Current pivot: 1.199

Our suggestion: Close position @ 1.1915.
The bias is bearish below 1.199 with targets @ 1.1875 & 1.178 in extension.

Note: the pair has struck against its resistance and is approaching its support.

food for thought... futures all red.. including asia..not shown..

s/p lost its footing yesterday...double dip is closer today then it was all this year.

I am expecting a pop.

Area 1.22

I don't trade longs yet so I am just going to sit and look

And do not forget gold! Made new highs this morning

somethin strange with come correlations today. GBPUSD looks like it will lead the way back up.

i finally got in on a little silver last night..up almost 30 cents an ounce.