EURUSD

Is no one trading eur/usd tonight?

short @2730 - entered without any technical signal, just have a general feeling it's going down.

good morning every one


ill prefer to stay side line as UK banks are closed,EU might get stuck in range till US open.

my stop loss hitted..not a good starting of the week..waiting for the next confirmation :d

Wait! I have an idea!

Until US session, with no UK bank standing in our way, we have an opportunity to move the market! Everybody just sell here and enjoy nice profits!

Let's go, people!

C'mon, folks! Sell!!!

If we manage to move the market below 2700, bigger traders will join us!

Trust me!

lol. i wish that would happen...

however, i doubt small traders like us can even move 1 pip

Great Idea

Shut up and sell! Quick, before Market Movers notice what's going on!

http://upload.wikimedia.org/wikipedi...n_Do_It%21.jpg

already did...

and that's probably why it starts to go up now. the market hates me

i expected there will be a bounce in 2708-2712 range..so lets see it will be big or a little bounce..or my expectations wrong

T.Lawrence your idea is good.. but we know euro is so cruel

if break my bounce range then i will think about sell....

What you have been smoking?

Simple math - EUR has been going down during NY sessions for last several days. London pushes it up the next morning. Today is UK bank holiday, and therefore only three possibilities:

1. EUR goes up and stays up
2. EUR goes down and stays down
3. EUR goes sideways.

Carefully pick your choice, but stick to it.

Look, we just have to push it a little bit down - other will join us!

Trust me.

Where to Go.........

You are either:

1. with us
2. or against us

Carefully pick your choice - this is a war, son.

Ok. I am with you, for another 40 pips. How many Cobras should I expect for this cooperation?

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

2010-08-30_ASIA DAILY FOREX OUTLOOK - Majors (01h27 CET) 001.pdf (14.4 KB)

ASIA DAILY FOREX OUTLOOK - Majors
30 Aug 2010, 01:27

SINGAPORE (Dow Jones)


EUR/USD - to trade with risks skewed higher amid improved investor risk sentiment. But EUR/USD gains tempered by lingering concerns about health of some euro-zone economies such as Ireland and Greece as they grapple with austerity measures to resolve fiscal crises. Data focus: 0810 GMT euro-zone August retail PMI, 0900 GMT euro-zone August business & consumer surveys. EUR/USD daily chart mixed as MACD bearish, but stochastics bullish at oversold. Resistance at 1.2778 (Friday's high); breach would expose upside to 1.2832 (Aug. 20 high), then 1.2902 (Aug. 19 high), 1.2923 (Aug. 18 high) and psychological 1.3000. Support at 1.2676 (Friday's low); breach would target 1.2648 (Thursday's low), then 1.2603 (Wednesday's low), 1.2584 (Tuesday's low) and 1.2520 (July 13 reaction low).


USD/JPY - to trade with bullish bias. Pair underpinned by expectations of further BOJ monetary easing measures to stem yen strength as central bank holding emergency board meeting today starting at 0000 GMT, Gov. Shirakawa to hold press conference at 0530 GMT. USD/JPY also supported by fear of Japanese FX intervention, USD demand for import settlements, higher U.S. Treasury yields, JPY-funded carry trades amid positive risk sentiment (VIX fear gauge down 10.67% at 24.45) as Wall Street posted strong gains Friday (DJIA up 1.65%) on Fed Chairman Bernanke's promise U.S. central bank will do what's needed to support economic recovery, though he stopped short of saying it will act; less-severe-than-forecast revision of U.S. 2Q GDP growth to 1.6% from 2.4% (vs 1.3% expected). But USD/JPY gains tempered by Japan exporter sales. Data focus: 2350 GMT Japan provisional trade statistics for 1st 10 days of August, 1230 GMT U.S. July personal income & spending, 1430 GMT August Texas manufacturing outlook survey, 1730 GMT Fed's Bullard speaks. USD/JPY daily chart positive-biased as MACD & stochastics in bullish mode; bullish parabolic stop-and-reverse signal hit at 85.13 Friday. Resistance at 85.91 (Aug. 19 high); breach would expose upside to 86.39 (Aug. 13 high), then 87.30 (55-day moving average), 88.11 (July 28 reaction high) and 89.15 (July 12 reaction high). Support at 84.90 (hourly chart); breach would expose downside to 84.25 (Friday's low), then 84.04 (Wednesday's low), 83.58 (Tuesday's 15-year low), psychological round-numbered levels from 83.00 down to 80.00, and 79.70 (record low set April 19, 1995).


GBP/USD - to trade with risks skewed higher; UK markets closed today for holiday. Pair underpinned by positive investor risk sentiment, upwardly revised 1.2% growth in UK 2Q GDP (vs forecast for no change). But GBP/USD gains tempered by lingering concerns over negative impact of fiscal tightening on UK economic growth (UK June budget detailed combined GBP113 billion of spending cuts and tax increases by 2015, which will weigh heavily on private demand). GBP/USD daily chart mixed as MACD bearish, but stochastics bullish at oversold. Resistance at 1.5539 (Friday's high); breach would expose upside to 1.5597 (Thursday's high), then 1.5620 (Aug. 23 high), 1.5672 (Aug. 19 high), 1.5688 (Aug. 18 high) and 1.5707 (Aug. 16 high). Support at 1.5441 (Friday's low); breach would expose downside to 1.5387 (Wednesday's low), then 1.5370 (Tuesday's low), 1.5352 (55-day moving average), 1.5325 (38.2% Fibonacci correction of advance from May 20 low of 1.4230 to Aug. 6 high of 1.6002) and 1.5123 (July 21 reaction low, matching 100-day moving average and 50% correction).


USD/CHF - to consolidate with risks skewed higher. Pair supported by short-CHF carry trades on improved investor risk appetite, below-forecast Swiss August KOF leading indicator (slipped to 2.18 from 2.22 last, vs 2.20 expected), fears of SNB CHF-selling intervention - SNB's Jordan said Sunday in interview with Swiss weekly Sonntagzeitung that central bank watching CHF moves against EUR very closely. Daily chart still negative-biased as 5-day moving average below 15-day and falling; MACD & stochastics bearish, but latter at oversold. Resistance at 1.0304 (Friday's high), then at 1.0320-1.0328 band (Thursday's high-Wednesday's high); breach would expose upside to 1.0452 (Tuesday's high), then 1.0465 (Aug. 19 high), 1.0534 (Aug. 16 high) and 1.0551 (Aug. 13 high). Support at 1.0217 (Thursday's 7-month low); breach would expose downside to 1.0127 (Jan. 11 reaction low), then parity, 0.9958 (Dec. 3, 2009 low) and 0.9914 (Nov. 26, 2009 trough).


AUD/USD - to trade with risks skewed higher. Pair underpinned by AUD demand for long-AUD carry trades on increased investor risk appetite, stronger commodity prices (CRB spot index settled up 3.23 Friday at 267.27). But AUD/USD gains tempered by political uncertainty in Australia. Data focus: 0130 GMT Australia 2Q business indicators. AUD/USD daily chart mixed as MACD bearish, but stochastics bullish at oversold; bullish parabolic stop-and-reverse signal hit at 0.8946 Friday. Resistance at 0.9058 (Aug. 18 high); breach would target 0.9082 (Aug. 17 reaction high), then 0.9166 (Aug. 10 high) and 0.9221 (Aug. 6 reaction high). Support at 0.8916 (hourly chart); breach would expose downside to 0.8842 (Friday's low), then 0.8829 (Thursday's low), 0.8769 (Tuesday's low) and 0.8735 (July 22 low).


;-)


London Closed - therefore no European TA available

im with u. lets go push it down. gogogo!

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

2010-08-30_WORLD FOREX - Asian Session (09h14 CET) 001.pdf (12.7 KB)



WORLD FOREX: Yen Rises As BOJ Easing Fails to Impress


By Miho Nakauchi
Of DOW JONES NEWSWIRES



TOKYO (Dow Jones)--The markets took a dim view of a new monetary easing announced by the Bank of Japan Monday, pushing the yen above the key level of Y85 to the dollar and leaving traders to wonder if the move was all the central bank had in its arsenal.



;-)


palim palim