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  • #13,181
  • Nov 14, 2012 7:56am Nov 14, 2012 7:56am
Quoting Itrade24h
I use the murrey maths and 1.0376 is the next goal
Are you long now?
daddybearforex. com
  • #13,182
  • Nov 14, 2012 7:57am Nov 14, 2012 7:57am
Quoting tunera
israel war escalation maybe
Are you serious. With Iran?
daddybearforex. com
  • #13,183
  • Nov 14, 2012 7:57am Nov 14, 2012 7:57am
Quoting tunera
israel war escalation maybe
1.0370 - major support - if that breaks down, then i'll be selling. Staying away for now.
  • #13,184
  • Nov 14, 2012 7:58am Nov 14, 2012 7:58am
nzd, on the other hand is 30 pips away from major support.
  • #13,185
  • Nov 14, 2012 8:01am Nov 14, 2012 8:01am
Quoting maximmm
1.0370 - major support - if that breaks down, then i'll be selling. Staying away for now.
It's likely to hold. +/- 10 pips zone. IMO
daddybearforex. com
  • #13,186
  • Nov 14, 2012 8:01am Nov 14, 2012 8:01am
Quoting DaddyBear
Are you serious. With Iran?

Some top commander was killed by an Israeli airstrike. Gaza and/or Syria, but I don't think Iran. (Though, it's said there's an Iranian base in Gaza.)
Play the players, not the cards.
  • #13,187
  • Nov 14, 2012 8:02am Nov 14, 2012 8:02am
Quoting DaddyBear
It's likely to hold. +/- 10 pips zone. IMO
I'd say 1.0362x is more likely the support. IMO
daddybearforex. com
  • #13,188
  • Nov 14, 2012 8:05am Nov 14, 2012 8:05am
Quoting GnarlyPips
Some top commander was killed by an Israeli airstrike. Gaza and/or Syria, but I don't think Iran. (Though, it's said there's an Iranian base in Gaza.)
Well anything is good for some volatility, however my personal think (that is showing to be wrong as minutes passes) is that the usd dollar is damn overbought and a flash-selloff may happen at this point, there is something weird happening in this markets, fasten your seatbelts!!!
  • #13,189
  • Nov 14, 2012 8:05am Nov 14, 2012 8:05am
Quoting GnarlyPips
Some top commander was killed by an Israeli airstrike. Gaza and/or Syria, but I don't think Iran. (Though, it's said there's an Iranian base in Gaza.)
CNN does not have such report. May be rumors. But China does have big problem-too many men who cannot find their women to marry.
daddybearforex. com
  • #13,190
  • Nov 14, 2012 8:09am Nov 14, 2012 8:09am
Quoting DaddyBear
I'd say 1.0362x is more likely the support. IMO
If so, it would be a 100% retracement.
daddybearforex. com
  • #13,191
  • Nov 14, 2012 8:09am Nov 14, 2012 8:09am
In fact, 1036 is the major line in the sand - a breach of that would signal a move to 1.013
  • #13,192
  • Nov 14, 2012 8:10am Nov 14, 2012 8:10am
Quoting DaddyBear
I'd say 1.0362x is more likely the support. IMO
seems like we are in agreement
  • #13,193
  • Nov 14, 2012 8:12am Nov 14, 2012 8:12am
Quoting tunera
Well anything is good for some volatility, however my personal think (that is showing to be wrong as minutes passes) is that the usd dollar is damn overbought and a flash-selloff may happen at this point, there is something weird happening in this markets, fasten your seatbelts!!!
What makes you think it is overbought? One could reach that conclusion in the consolidating market, but once a trendstarts, currencies often stay in the overbought/oversold territory for a long while.
  • #13,194
  • Nov 14, 2012 8:16am Nov 14, 2012 8:16am
Quoting maximmm
What makes you think it is overbought? One could reach that conclusion in the consolidating market, but once a trendstarts, currencies often stay in the overbought/oversold territory for a long while.
I could write down my reasons for such view with charts etc., but it would not be useful at all.
It's always very difficult to try to forecast the end of a wave (trend), time will tell.
  • #13,195
  • Nov 14, 2012 8:25am Nov 14, 2012 8:25am
Quoting tunera
I could write down my reasons for such view with charts etc., but it would not be useful at all.
It's always very difficult to try to forecast the end of a wave (trend), time will tell.
Another thing to consider is the currency pair - eurusd is oversold - which is why it is not falling. Audusd is overbought, which is why it is falling - same as nzd - though nzd is closer to oversold levels - which would imply that aud will have more selling opportunities in the medium term.
  • #13,196
  • Nov 14, 2012 8:27am Nov 14, 2012 8:27am
look likes aud/usd is attracting buyer right now....

running price 1.0388

i think the support is 1.0367
everyone?
  • #13,197
  • Nov 14, 2012 8:27am Nov 14, 2012 8:27am
Having said that nzd fundamentals are a lot worse than those of aud
  • #13,198
  • Nov 14, 2012 8:29am Nov 14, 2012 8:29am
Quoting mas_iyoo
look likes aud/usd is attracting buyer right now....

running price 1.0388

i think the support is 1.0367
everyone?
See previous post for the supports.
daddybearforex. com
  • #13,199
  • Nov 14, 2012 8:31am Nov 14, 2012 8:31am
Quoting mas_iyoo
look likes aud/usd is attracting buyer right now....

running price 1.0388

i think the support is 1.0367
everyone?
resistance at 1.0407
  • #13,200
  • Nov 14, 2012 8:32am Nov 14, 2012 8:32am
Quoting tunera
I could write down my reasons for such view with charts etc., but it would not be useful at all.
It's always very difficult to try to forecast the end of a wave (trend), time will tell.
don't be shy.It's useful.
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