EURUSD

thanks for the attachment.

Not only breached , but 23770 has to show a good support to take the next station till 24000. Then, 24000 has to hold the trend and have enough power to keep pushing up. Which at the moment , we don't know ! However, i see this trend making it till 1.24000 - but overthere it will be like hell for this trend to stay there .... Remember ( the major problems in Euro has no solutions or talks over it , before September ).

As i see in the chart it should go to 2485-2520 level somewhere here.
then drop back to 2300

1.2386

Euro rises as investors after better-than-expected data
Markets take profits on commodity currencies
U.S. retail sales, consumer price data also awaited
By Anirban Nag
LONDON, Aug 14 (Reuters) – The euro rose for a second successive day on Tuesday, buoyed by better-than-expected French and German growth data, but gains could be tempered by concerns the broader euro zone is in a deep slowdown.

Expectations the European Central Bank will step in next month to lower borrowing costs for peripheral countries like Spain and Italy has lent support to the euro in recent weeks. But that support will tested when the German ZEW survey and euro zone growth data are released later in the day. <ECON>

German gross domestic product grew 0.3 percent in the second quarter, seasonally-adjusted, slightly better than expectations on solid exports and consumption. The French economy also narrowly avoided contracting in the second quarter. [ID:nL6E8JD6D0]

The euro zone as a whole is, however, expected to show a contraction of 0.2 percent on the quarter, following a flat first quarter. While a contraction is priced in and is unlikely to hurt the euro much, a worse-than-expected reading could see the common currency pare its gains. [ID:nL6E8JD8NF] The euro was up 0.4 percent to $1.2380 <EUR=>, pulling away from Monday's low around $1.2262 and back toward last week's high of $1.2444 on the EBS trading platform. Traders cited stop-loss orders at $1.2450.

"These were modestly better than expected numbers out of France and Germany and these days any number that does not disappoint tends to give the euro support," said Daragh Maher, strategist, at HSBC.

"Still it is not a game changer as the peripheral euro zone countries are struggling due to tough austerity measures. We expect the euro to be stuck very much within its recent range."

The euro also edged higher after a spokeswoman for Germany's constitutional court said no delay was anticipated to an expected verdict on Sept. 12 on the euro zone's rescue funds and the EU's fiscal pact. The verdict is likely to clear some of the uncertainty hanging over the euro. [ID:nB4E8HB02Q]

s/d level..

Just scalpeb around +90 pips in this stupid market..

already did..haha still in green though...
just expect some further drop on monday...

but thanks green pips to you

very green uk data cable going to have party

edit cable bear giving good flight on round -1

edit 2 : my bad 100D sma was @ 1.5726

looks like s/d but not so sure.

Hi mohan, does cable party affect eur/usd in a way?

what was that?

mofu moves

ouuuccchhhh...
anyway, nice "guess" on those level that you mentioned earlier...

2402?

short euro @380 and sl above the high tp open

Might not be a bad time for a quick long. Not much to lose here with a stop at 1.2360.

and 100D, 200D sma , i did not noticed . i pending was too high time to take break

short aswell 4x @1.2381 tight sl

i am not trusting this pair still it is lower than 5650 and higher than 5780

all between that is just mess