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EURUSD

  • #262,301
  • Jun 23, 2010 7:06am Jun 23, 2010 7:06am
Quoting JackintheBox
wtf ? Why is euro declining ?? FOMC this evening ? behaviour very strange again...
It was on the chart. News is just helping it along.....and pullbacks end....
  • #262,302
  • Jun 23, 2010 7:06am Jun 23, 2010 7:06am
Quoting Jhig
I don't watch Faux
  • #262,303
  • Jun 23, 2010 7:07am Jun 23, 2010 7:07am
Quoting gatorinla
so it aint so joe!!!! who would of thunk it?????
You did. Way before anyone else mentioned......got to give props where props are due.....
  • #262,304
  • Jun 23, 2010 7:08am Jun 23, 2010 7:08am
Quoting Voodoo
was the home sales number good for usd or bad ? and why the pair is down like this ?
It's magic, not a voodoo
Uuups! I did it again....
  • #262,305
  • Jun 23, 2010 7:08am Jun 23, 2010 7:08am
Quoting hyperion1980
not a whipsaw, it fell even more
true. that's why I said possible. there are times where it does do that.
  • #262,306
  • Jun 23, 2010 7:10am Jun 23, 2010 7:10am
Pullback to 1.2227 then maybe 1.2239???
  • #262,307
  • Jun 23, 2010 7:10am Jun 23, 2010 7:10am
can any body explain the effect of that red number 300k ? why it was the reason for this down move?
ブードゥー教
  • #262,308
  • Jun 23, 2010 7:10am Jun 23, 2010 7:10am
@PriceVolume: Oh, Ok, do i missed sth. ? Housing stats are terrible and that's bad for Usd, not for Euro, now what ?

Can you explain that to me ?...
Jack
  • #262,309
  • Jun 23, 2010 7:11am Jun 23, 2010 7:11am
Quoting JackintheBox
@PriceVolume: Oh, Ok, do i missed sth. ? Housing stats are terrible and that's bad for Usd, not for Euro, now what ?

Can you explain that to me ?...
Jack
Risk aversion. Google "flight to safety" & "dollar".
  • #262,310
  • Jun 23, 2010 7:11am Jun 23, 2010 7:11am
Quoting JackintheBox
@PriceVolume: Oh, Ok, do i missed sth. ? Housing stats are terrible and that's bad for Usd, not for Euro, now what ?

Can you explain that to me ?...
Jack
BAD NEWS = DOWN EUR
  • #262,311
  • Jun 23, 2010 7:12am Jun 23, 2010 7:12am
Quoting PriceVolume
You did. Way before anyone else mentioned......got to give props where props are due.....
unless something turns now we get at least a tweezers on the weekly close
those who can, do. those who cant, talk about those who can
  • #262,312
  • Jun 23, 2010 7:13am Jun 23, 2010 7:13am
Quoting PriceVolume
Risk aversion. Google "flight to safety" & "dollar".
Noop, it's just because of big gamblers.
  • #262,313
  • Jun 23, 2010 7:14am Jun 23, 2010 7:14am
BNP Paribas slid 1.6pc as Fitch Ratings cut the credit rating for France's largest bank

Not sure if it was for France as a country

http://www.independent.ie/business/s...s-2230797.html
  • #262,314
  • Jun 23, 2010 7:14am Jun 23, 2010 7:14am
Quoting gatorinla
say it aint so joe!!!! who would of thunk it?????
A twitter friend of mine said the same thing. Fitch downgrades France rumor? Yet neither one of us can find news relating to that rumor.

Sounds as if traders heard something and jumped on it.

*OMG, EU was robbed and is FLAT BROKE*

... jump on it.
  • #262,315
  • Jun 23, 2010 7:14am Jun 23, 2010 7:14am
Quoting gatorinla
unless something turns now we get at least a tweezers on the weekly close
Yep. I don't think we're done for the day, though.....
  • #262,316
  • Jun 23, 2010 7:15am Jun 23, 2010 7:15am
Price opened below PP at 00h. In late Asia session EUR was undergoing a bearish consolidation. PA failed to break upper TL 2310, all indis favoured downfall. MACD, QQE, STO,ACC my favourites. H4 showed classic bullish divergence but was negated by reverse bearish divergence as reverse is stronger then normal.

Seeing is believing
  • #262,317
  • Jun 23, 2010 7:15am Jun 23, 2010 7:15am
Quoting TheCyberCore
Noop, it's just because of big gamblers.
  • #262,318
  • Jun 23, 2010 7:20am Jun 23, 2010 7:20am
Quoting PriceVolume
I see you understood...
  • #262,319
  • Jun 23, 2010 7:22am Jun 23, 2010 7:22am
Quoting EuroTrader
BAD NEWS = DOWN EUR
I beleive this is because of the Spain rumours and also the waiting for the Fed briefing, which will try to project a better tomorrow (when today is still bad).
  • #262,320
  • Jun 23, 2010 7:25am Jun 23, 2010 7:25am
Quoting PriceVolume
Yep. I don't think we're done for the day, though.....
Yeah closed out near the bottom I wanna see 47 before I short again.
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