EURUSD | Page 13809 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #276,161
  • Jul 29, 2010 5:59am Jul 29, 2010 5:59am
Quoting Mr Bull
It seems EUR/CHF is slowing down EUR/USD. Crazy PA there
This seems to be the reason:
EUR/CHF sharply lower, rumours swirl

Written by Gerry Davies
July 29, 2010 at 10:52 GMT

EUR/CHF down at 1.3650 from early 1.3740 as rumuors swirl that the Swiss National Bank is preparing a September rate hike.

www.forexlive.com
  • #276,162
  • Jul 29, 2010 6:03am Jul 29, 2010 6:03am
Quoting Mr Bull
This seems to be the reason:
EUR/CHF sharply lower, rumours swirl

Written by Gerry Davies
July 29, 2010 at 10:52 GMT

EUR/CHF down at 1.3650 from early 1.3740 as rumuors swirl that the Swiss National Bank is preparing a September rate hike.

www.forexlive.com
2010.07.29 13:24:42 Swiss National Bank Selling Some Euro Holdings - Sources DJ Newswires
  • #276,163
  • Jul 29, 2010 6:04am Jul 29, 2010 6:04am
It's low liquidity markets anyway, ... but still we may go higher..., even though there is the resistance at 1,31 and it would be sensible to short it...

My guess is still EUR LONG (of course we may retrace to 1,3020 or 1,3040 before that), if we fall below 1,30 again, I'm out of looking for longs and will wait till next week...
Greed and impatience are our greatest enemies.
  • #276,164
  • Jul 29, 2010 6:06am Jul 29, 2010 6:06am
trend is your friend. You're trying to catch the top, if you can allow for loss then you can try
We have failed that "diamond" pattern, possible triple top, at the end price broke range so very high chance to get 1.3120-1.3150 first before fall.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 30 KB
  • #276,165
  • Jul 29, 2010 6:10am Jul 29, 2010 6:10am
Quoting gatorinla
it was in the news for months. e-banks and the stress test. they needed x amount of cash in reserves. so to get this they horded euros thus making euros in short supply the last month plus. hording euros made the value of the euro increase. by removing them from the system. not all banks are yet fully funded. (the 7 failed ones). so in supply verses demand there are less euros (credit) to loan. less euros loaned means less houses sold.(less everything sold). so it becomes a buyers market and home prices are reduced. making the mortgages held by...
great and simple explanation
No crystal ball. I read the cards.
  • #276,166
  • Jul 29, 2010 6:15am Jul 29, 2010 6:15am
Quoting sopel
trend is your friend. You're trying to catch the top, if you can allow for loss then you can try
We have failed that "diamond" pattern, possible triple top, at the end price broke range so very high chance to get 1.3120-1.3150 first before fall.
Double top.3090
Attached Image (click to enlarge)
Click to Enlarge Name: eurovol8.gif Size: 16 KB
  • #276,167
  • Jul 29, 2010 6:23am Jul 29, 2010 6:23am
seems to work. 20 pips there!

Quoting manojsai
Double top.3090
dreams do come true.
  • #276,168
  • Jul 29, 2010 6:23am Jul 29, 2010 6:23am
Quoting manojsai
Double top.3090
yea double top already there but until we are holding level of 3040 we can't go lower now let see how it reacts there otherwise will go long from there

good luck

Ub
  • #276,169
  • Jul 29, 2010 6:25am Jul 29, 2010 6:25am
Quoting manojsai
Double top.3090
spike down i do not think this was luck . it seems like a big player wanted to short
ブードゥー教
  • #276,170
  • Jul 29, 2010 6:26am Jul 29, 2010 6:26am
Quoting intery
great and simple explanation
we will c. things can change. its all speculation without proof.
i dont hear anyone talking about liquidity. But for every action there is a reaction. what can change this is ez printing. but that would weaken the euro.
those who can, do. those who cant, talk about those who can
  • #276,171
  • Jul 29, 2010 6:27am Jul 29, 2010 6:27am
http://a.imageshack.us/img175/6007/loleuro.th.jpg

Analysis-wise this is the only thing i can add, pitchforks arent harmonic, frequency is kind of a mess, someone is pumping euro since the beginning of the week. 38.2 retracement seems to be a ceiling top for now, im staying out of trades and scalping for 2-3 pips per trade. 26 pips profit today... and yes it is a pain to scalp on 1m and 5m before anyone asks... cant enter any 15m 4h oder 30m trades today because of this bullshit...
  • #276,172
  • Jul 29, 2010 6:35am Jul 29, 2010 6:35am
Quoting ubaidahsan
yea double top already there but until we are holding level of 3040 we can't go lower now let see how it reacts there otherwise will go long from there

good luck

Ub
Why can't we go lower?
  • #276,173
  • Jul 29, 2010 6:36am Jul 29, 2010 6:36am
Quoting suthmo
OK now I'm sure target 1.2700
short from .3089
Founder of Sutherland Wave Principle
  • #276,174
  • Jul 29, 2010 6:38am Jul 29, 2010 6:38am
Quoting Orbital
... and yes it is a pain to scalp on 1m and 5m before anyone asks... cant enter any 15m 4h oder 30m trades today because of this bullshit...
my entries are based on M5 mostly, and M15 I've founded that, sometimes my trades were closed to early and could turn into a big ones.
one closed +65, second SL at 1.3060. Probably it will be hit, doesn't matter (+30).
  • #276,175
  • Jul 29, 2010 6:38am Jul 29, 2010 6:38am
Quoting beyond
Why can't we go lower?
because we have broked important resistance of 3040 which is become a support now until it will hold we can't go lower may be we can get bounce from there and went up all the way to 3120-50 but if it will break then 2980 will be next

Ub
  • #276,176
  • Jul 29, 2010 6:40am Jul 29, 2010 6:40am
Quoting beyond
Why can't we go lower?
we can.. usdx is at all time 50% levels.. 50% levels are always a coin toss.. we could turn and go south cause eu at 3055 is at a all time fib level also.. its a coin toss.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.6 levels.PNG Size: 28 KB
those who can, do. those who cant, talk about those who can
  • #276,177
  • Jul 29, 2010 6:40am Jul 29, 2010 6:40am
Quoting "expert"
Buy on this 1 hr candle for me.price now 2990.target for begining 100 pips.
will see
http://cdn.forexfactory.com/attachme...1&d=1280257771
First target on that one buy is done.Waiting for another one to see will be as it was writen in 4 hr chart
Quoting "expert"
4hr chart for me looks like this.2 longs on white line.1st was few days ago and second on opening of this 4 hr candle.First targets writen below.
http://cdn.forexfactory.com/attachme...1&d=1280394330
  • #276,178
  • Jul 29, 2010 6:41am Jul 29, 2010 6:41am
Quoting ubaidahsan
because we have broked important resistance of 3040 which is become a support now until it will hold we can't go lower may be we can get bounce from there and went up all the way to 3120-50 but if it will break then 2980 will be next

Ub
Sorry, I thought we did what the price says, not the price do what we say?
  • #276,179
  • Jul 29, 2010 6:45am Jul 29, 2010 6:45am
Good morning

Do we get higher levels?
short pending order @1.3130
didn't dare to buy at 1.3073
  • #276,180
  • Jul 29, 2010 6:45am Jul 29, 2010 6:45am
Sooner or later this bearish divergance will take place and when it finish it could be nice place for bilding longs to 3500 as i see it for now.
Attached Image (click to enlarge)
Click to Enlarge Name: e1.gif Size: 15 KB
464 traders viewing now