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EURUSD

  • #575,521
  • Dec 16, 2011 1:16am Dec 16, 2011 1:16am
SHORT TERM SUPPORT 2973 BUT I will be very careful around that level depending on the news flow at that level
  • #575,522
  • Dec 16, 2011 1:20am Dec 16, 2011 1:20am
Resistance 3058-3077
  • #575,523
  • Dec 16, 2011 1:22am Dec 16, 2011 1:22am
Cmon, give us a fakkie breakie dance!

I call an ultimative resistance on EURAUD at 1,3013!

Dont do this at home!
  • #575,524
  • Dec 16, 2011 1:23am Dec 16, 2011 1:23am
Quoting MaxDoom
a look is a very biased thing, if I look at it (being short) I would say it looks like it is going to drop like a stone any minute now
did you forgot ? it's Friday also know as FRY day
Mohan
  • #575,525
  • Dec 16, 2011 1:23am Dec 16, 2011 1:23am
...the Euro has been very correlated to the U.S. Equities and the S&P futures are nearing short term resistance at 1230, could see an extension to 1241 but not before a back and fill
  • #575,526
  • Dec 16, 2011 1:26am Dec 16, 2011 1:26am
Quoting GSGill
...the Euro has been very correlated to the U.S. Equities and the S&P futures are nearing short term resistance at 1230, could see an extension to 1241 but not before a back and fill

true...I have 1.230/34 which is unbeatable and goes fiiine with my strategy.
  • #575,527
  • Dec 16, 2011 1:30am Dec 16, 2011 1:30am
You can go short here and target day lows 1.3008 or so.
  • #575,528
  • Dec 16, 2011 1:34am Dec 16, 2011 1:34am
Quoting AmaniLove
You can go short here and target day lows 1.3008 or so.
still no sign of break out or fakeout yet.
  • #575,529
  • Dec 16, 2011 1:36am Dec 16, 2011 1:36am
so far so good
  • #575,530
  • Dec 16, 2011 1:38am Dec 16, 2011 1:38am
I would like to it break the DP @14...trying for second test of it now.
  • #575,531
  • Dec 16, 2011 1:39am Dec 16, 2011 1:39am
If EUR/USD close below 1.2900 today, we could c a journey to 1.2600 in coming days.
  • #575,532
  • Dec 16, 2011 1:40am Dec 16, 2011 1:40am
Quoting E-Money
I would like to it break the DP @14...trying for second test of it now.

me too time to add pressure
  • #575,533
  • Dec 16, 2011 1:40am Dec 16, 2011 1:40am
If it breaks the DP, the next target should be daily lows and then 2979 area. Bottom trendline on 1 hour
  • #575,534
  • Dec 16, 2011 1:41am Dec 16, 2011 1:41am
Quoting MaxDoom
so far so good
not good not good. aud looks like a fake out, euro looks like it's hovering in a tight range. looks like a rejection , i don't know.

is it possible if u could share your view on this with us. it'll be appreciated. thanks!
  • #575,535
  • Dec 16, 2011 1:42am Dec 16, 2011 1:42am
once again who will get down-grade ? spain and italy mb?
Price = the amount a greater fool is willing to pay!
  • #575,536
  • Dec 16, 2011 1:45am Dec 16, 2011 1:45am
4H looks like it starting to roll over....seems capped at 3050 area .....1H broke up trendline and retested it. Now heading down. to Targets if DP is broke.
  • #575,537
  • Dec 16, 2011 1:46am Dec 16, 2011 1:46am
2973 ish?
  • #575,538
  • Dec 16, 2011 1:47am Dec 16, 2011 1:47am
just looks a shakeout here. no news so just a stop hunt
  • #575,539
  • Dec 16, 2011 1:47am Dec 16, 2011 1:47am
might get one more push up before the drop. looks like the 5m adn 15m trying to get in snyc with 1H
  • #575,540
  • Dec 16, 2011 1:47am Dec 16, 2011 1:47am
Quoting happytrader
not good not good. aud looks like a fake out, euro looks like it's hovering in a tight range. looks like a rejection , i don't know.

is it possible if u could share your view on this with us. it'll be appreciated. thanks!

I did a few posts back with a chart. currently still in range though it needs to get back under 1.30 for now that would surely add a bit more bias to todays picture
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