EURUSD

watch for 1.3335 also

True...I meant that many countries want their currency devalued- much different. I stand corrected,thanks

did u know the fact that only 10% of trader succeed in his trade... so you better go with minority...

Price gets rejected below prior 1HR and 4HR highs. That's a bearish sign.

see the chart below
usd is strong from around more than three weeks but
euro is also not giving up as its holding the key position at1.3180 levels
and there are many buyers at this level with profits this pair has given chance around five times to go long from that levels with just 10 pips Sl also :


So this support is holding from past 10 days and more repeated attacks from even higher points could not brake this levels its just may be a bull area support building up on a longer TF as it did around 1.25 range in may june this year remember : lets see in whats there in the cards in jan and feb :

actually, 1.3360 is a very goood place to short.

EUR/USD Recovers Back Above 1.3300
The Irish downgrade seems to have been shrugged off fairly quickly. Go figure. EUR/USD presently at 1.3315. Russia noted buyer in recent trade.

Yesterday China think 3200 is cheap, today Russia think 3300 is STILL cheap.

german news at 0900GMT will be a spot for bulls or bears to take control...

i wonder who he sold to?

No idea.

Maybe they have short position from high level of 3490+ and now they find price cannot any lower so they take the chance to cover.
Or they confident price surely to go up so they add to the position.

Or it can be the news is a trap for guy like us to go into long position LOL.

So am not suggesting anyone to take position based on the news. Make your own decision

i went short... double top plus weakness in rsi... same for usdx rsi showing divergence... looks like reversal to me.. let's see what happens..

3325 seem hard to break , been reject twice

some bad news on risk as well:
Irish/German 10-year govt bond yield spread up 10 bps on day at 547 bps
North Korea Says They Will Strike At South If Seoul Goes Ahead With Planned Live Fire Drills

it didnt have a clear sign of going long or short in lowerer TF may be it is waiting for the energy from the news to decide it's way

As said the 5min TL support at 290 is under pressure and will be broken out now : So its just sideways guys its going nowhere this month almost : dont take trades on higher TF just wait for some volumes to come or book some small pips only - what you guys think haaaaaa "

area 1.3280 also is a hard place to break

the headline aint so euro peachy


} (DJ) *DJ ECB's Weber: E-Bonds Would Undermine Fiscal Responsibility

i ve been reading this thread since last night and i notice that the majority of traders had a short biais here int he last 10 h. now myself, as i posted i was short until my 4 h canddle closed above 1.322 and closed with a - 25 pips loss and entered long. i have no ideea of where the price is going i just follow the pa and try not to get my feelings in the way. many traders around here seem to be from the US or North America and have a prejudice against europe and post bad news about the EU economy to comfort their feelings if their trade turns sour - as the shorts have in the Asia sesssion - that s fine as long as it is a friendly chat sharing a beer but becomes risky if you let that interfere with your trading strategy.
Yes and by the way i also lived in the states for 15 y and now live in europe. there are good things and bad things everywhere. we should all live where we feel best. but trading should not involve prejudices

from 2nd december we are in range of 250 pips,december is quite profitable for trading.

From trending(down) to sideway, many ppl might fail to grab it and will trade really bad and make the worst month.

hmm stopped @ be... still think we are going down... let's wait a bit