EURUSD

Nice action, cant figure out why tho.

The tech's favor the downside on my charts but action after US close has me a little confused. Is there some news or something?

as long as we can produce it cheaper, you'll come to us ... look at apple iphone ... made in taiwan ... everything is now outsourcing to asia electronic stuff, spare part of car and programming stuff !!! ....

and china is clever ... just make a copy what the US and Europe company make it there ...

nice bit of action here....2774 is the numba im watchin'

Of course they are.... just as planned and agreed to with the Iraqi governement in Nov, 2008.... By President Bush.

http://www.reuters.com/article/idUSLH492272

Well if you really believe we need a war or else we will end up with 20% unemplyment, you believe EXACTLY what the republicans preach. That is a fact.

IBFX orders are not closing when in profit! 10 min to answer phones

Hasn't worked since WWII.

holy crap.. someone woke the bears up... good to see them back

watching aj closely.......http://www.forexfactory.com/showpost...stcount=283267

"Dubya" was a traitor and the biggest piece of shit ever. I hope he hangs before the end of his life. He has done more damage to our country than any american ever has, and if it was up to me, I'd hand him right over to Al Qaeda and tell them to be extra brutal. FUCK George W. Bush. I look foreward to spitting on his grave.

simma down na

closed

and closed

Never. Not about that. Never. It is my patriotic duty.

ASIA DAILY FOREX OUTLOOK - Majors
SINGAPORE (Dow Jones)



http://cdn.forexfactory.com/images/attach/pdf.gif


2010-08-19_ASIA DAILY FOREX OUTLOOK - Majors (01h27 CET).pdf (14.7 KB)




USD/JPY - to range-trade. Pair weighed by fragile investor confidence in global economy - U.S. stocks ended tad higher overnight (DJIA up 0.09%, Nasdaq up 0.28%); still, VIX fear gauge rose 1.07% to 24.59. USD/JPY also undermined by Japan exporter sales; but downside limited by USD demand for import settlements, continuing fears of Japan FX intervention, speculation of additional easing by BOJ to cap yen's recent strength ahead of meeting between PM Kan & BOJ Gov. Shirakawa early next week. Data focus: 0430 GMT Japan June all-industry activity index, 1230 GMT U.S. weekly jobless claims, 1400 GMT U.S. July leading indicators, August Philadelphia Fed business outlook survey, 1730 GMT Fed's Bullard speaks. USD/JPY daily chart mixed as MACD bullish, stochastics neutral; 5-day moving average meandering sideways. Resistance at 85.70 (Tuesday's high); breach would expose upside to psychological 86.00, then 86.28 (Monday's high), 86.39 (Friday's high), 86.49 (Aug. 5 high) and 86.93 (July 30 high). Support at 85.17-85.09 band (yesterday's low-Tuesday's low); breach would target 84.90 (Aug. 12 low), then 84.71 (15-year low set Aug. 11) - below which would open way down to psychological round-numbered levels from 84.00 down to 80.00, then 79.70 (record low set April 19, 1995).



EUR/USD - to consolidate. EUR sentiment boosted by well-received Portuguese & German government-debt auctions yesterday; but topside limited by subdued investor risk appetite, lingering concerns over Greece's implementation of its austerity programs. Data focus: 0600 GMT German July PPI. EUR/USD daily chart mixed as MACD bearish, but stochastics bullish at oversold. Support at 1.2821 (yesterday's low), then at 1.2802 (Tuesday's low); breach would expose downside to 1.2732 (Monday's low), then 1.2651 (55-day moving average), 1.2520 (July 13 reaction low) and 1.2478 (July 6 low). Resistance at 1.2923-1.2932 band (yesterday's high-Aug. 12 high); breach would expose upside to psychological 1.3000, then 1.3190 (Aug. 11 high).



GBP/USD - to consolidate. GBP sentiment boosted by less-dovish-than-expected BOE August MPC meeting minutes; but topside limited by moderating investor risk appetite, lingering concerns over negative impact of fiscal tightening on UK economic growth. Data focus: 0830 GMT BOE August lending trends report, UK July CML mortgage lending figures, UK July retail sales, July public sector finances, 1000 GMT August CBI industrial trends survey. GBP/USD daily chart still negative-biased as MACD & stochastics in bearish mode, although spinning-top candlestick pattern completed yesterday. Support at 1.5570 (hourly chart); breach would expose downside to 1.5495 (yesterday's low, roughly matching 200-day moving average), then 1.5471 (previous cap set July 15), 1.5325 (38.2% Fibonacci correction of advance from May 20 low of 1.4230 to Aug. 6 high of 1.6002), and 1.5233 (55-day moving average). Resistance at 1.5629 (hourly chart); breach would expose upside to 1.5688-1.5697 band (yesterday's high-Tuesday's high), then 1.5707-1.5716 band (Monday's high-Aug. 12 high), 1.5866 (Aug. 11 high) and 1.5910 (Aug. 10 high).



;-)

#283044. i am bearish... but i am not sold on this move.. all the moves in building this flag was respecting bull paths. i need a new low to wipe them out. bearish but skeptical about this move. gbp below 5490 closed would help. we may have to wait for this.. chf and yen are still stopped by a lower tl.. before a big move pairs tend to equalize.

take this crap somewhere else man, you've said your piece. I have friends there personally that aren't coming home YET..but as some others have said thank God that some of our men/women are coming home safe

and the monthly PP just below that..on GBP i mean...i've got a running short open on this pair now, 2 closed last night for 100 and 50..only trades so far this week

neither am I.....this move was on very thin volume...i was watching live volume, eu never got higher than 250 mio...