EURUSD

Once again we have totally different moves on eu and gu..

eu falled in london opening and gu is rising..

this is totally crap and not making a sense actually..

gu is getting forced for upside and will take lot of stops there..

bastards...

What do you think will happen in EURUSD? I think will fall to 1.30 and then go to 1.32..

Keep on thinking................. whatever you think, think big.

EURO/DOLLAR: "The triangular consolidation remains intact as the single currency continues to range trade, despite another attempt lower yesterday. Upper line resistance is located at $1.3330 while support lies at $1.3040. A break of this triangle could well signal a 500 point move. The 55-day MA continues to act as resistance at $1.3210. To open up the lows this year at $1.2630 we need to see a concerted break below $1.2975. Only above $1.3400 targets the 200-day MA at $1.3525."
* DOLLAR/YEN: "The weekly close remains important here with the cloud support now at the 80.70 yen level. While above this level on a weekly closing basis the outlook remains constructive for the US dollar despite the low this week around the 80.30 yen level. A close below 80.70 argues for further losses towards 79.20. The US dollar does need to break back beyond last weeks highs at 81.85/90 to retarget 83.30."
* STERLING/DOLLAR: "Trying to pick the top in cable has proved to be a rather tricky task of late but so far it has resisted the temptation to race away higher. A marginal new high for the year yesterday brought the pound nearer to the November highs last year at $1.6170, which remains a key level for a test towards $1.6400. We also got the 50/200 daily MA golden cross over which the odds of a move higher. We still need a weekly close above the 200 week MA at $1.5975. The $1.5850 trend line support from the January lows at $1.5235 continues to act as support on the downside."
EURO/STERLING: "This week's break below 82.00 pence to 19 month lows keeps the onus on the downside and a move towards the 2010 lows at 80.65 pence as the next target. Any rallies should now find some semblance of resistance at the 82.20 area, while behind that at 82.80. While below the 82.80 pence level the risk remains for further losses towards the 2010 lows at 80.65. A move back above 82.80 pence opens up risk for a move to 83.30 pence trend line resistance from the February highs at 85.05 pence."

shorted eu

sl 25 pips

As long as we trade above 1.31, EUR/USD is trading fairly bullish today and I expect the price to reach 1.32. If there's breakdown below 1.31 would shift the bullish to bearish and a drop to 1.3060 might be in sight today.

Here comes the bear ! roar!

1.31110-12 is number to notice if no support then 1.3080-85

Just ranging. Coz the bull is too skinny to breakthrough the 1.3180 fence

I'm long at 1.3130 - SL 1.3080 - TP 1.3210. Good luck to all.

scalp the hell her bro is a big level, going volitile just short post, pips meter is clicking, woohoo, cable has test cap was .0002 higher, not much but would have preferred same or less,

scalp scalp scalp the cap s until brokened, happy pips bro gota go

nobody else feels nervous watching EVERYONE be short? staying out for tonight unless I see some sexy set up later..

edit carap geppy pierce whilsyt typed , is not all bad some more resist close above, if you is got balls watch 10 pip higer then another ten pip higher, this is retest of old ltl of breached chann if no balls wait patient her get below cap and scalp her but

Can anyone tell me what was the highest level for GJ in the last few minutes?
I think Oanda is screwing with my SL

131.24 on ACM

Not sure why you keep shorting gy with boj his monetary policy but maybe i am retarded

atm the numbers look bullish

131,206 @ Gain Capital forex.com

I have 131.21

Buyers want to test upside and stock market is supportive.

Target is 1.3180 and if getting several 5 min closes above together with hourly/4hr, projection is test 1.3220/30 aroundbouts.

Otherwise i expect range of 1.3125/75 meaning closes inside range.

EDIT: with likely biggish option expiry at 1.3150 at cut though i do not have any information about it.