EURUSD

I think that when the fiscal cliff is resolved we might see some rallies in higher yielding assets...and by correlation Eur/Usd

but the more the US gov stalls especially at this time the more pronounced the bearish correction will be.

Or it might give confidence to USD Bullish then plan later after holidays.

welcome back friends

hope all of u had a gr8 weekand and you will have nice xmass this week as well

so wish all of u green pips for this week

Still looks set to cut lower ...

Quick survey for the EUR/USD (Dec 24, 2012) ...

2012-12-21_23h15 - ZigZag + Pivot Survey _ EURUSD _ Roll Up _ W-52 # FV86 (EN Daily, Weekly).PNG (129.0 KB)


Outlook for the sessions ahead (WEEK NO. 52) and latest "Trade Hints" from Friday (Dec 21, 2012, 23:15 CET) ...





;-|

boys its down...

1.3164 open

lets see if it breaks 1.3140

open where at that time??

http://www.fxstreet.com/rates-charts/currency-rates/
http://www.xe.com
you can see current prices here

CURRENCY RATES

EUR/USD 1.3180 USD/JPY 84.32 GBP/USD 1.6169 USD/CHF 0.9161 EUR/GBP 0.8148 EUR/JPY 111.15 EUR/CHF 1.2075 AUD/USD 1.0400 USD/CAD 0.9933 NZD/USD 0.8236

it seems gap down, right?

may be no gap,except yen crosses IMO

NZD/USD, AUD/USD Christmas Rally Fading - ASB

23 Dec 2012, 20:29


1929 GMT [Dow Jones] The NZD/USD and the AUD/USD are trading lower early in New Zealand as "the Christmas rally has faded pretty quickly," says Tim Kelleher, ASB's head of FX Institutional Sales New Zealand. He notes that investors "were speculatively long kiwi...and it probably got a little bit stretched last week." A combination of the fiscal cliff, low equities and some risk off are weighing on both pairs, he says. "It's just some pretty severe profit-taking." The NZD/USD is at 0.8236 versus 0.8302 late Friday and Kelleher says it has support around 0.8200 and resistance at 0.8250. The AUD/USD is at 1.0400 versus 1.0453 late Friday in Australia and Kelleher puts support at 1.0375 and resistance at 1.0425-1.0450.


December 23, 2012 14:29 ET (19:29 GMT)

Sri Lanka Officials Arrest 100 Chinese Nationals on Currency Fraud Charges

23 Dec 2012, 20:54


COLOMBO, Sri Lanka (AFP)--Police in Sri Lanka have arrested 100 Chinese nationals on charges of currency fraud in a string of raids in and around the capital Colombo, officials said Saturday.

"They have defrauded their countrymen by making them...transfer money to accounts maintained in Sri Lanka in the names of those arrested," Prishantha Jayakody, a senior superintendent, told AFP.

Police said that the 74 men and 26 women were arrested Friday night at their residences in and around the capital following a court order. Those arrested were to appear in court later Saturday.

Thousands of Chinese work in Chinese-funded development projects across the island. Many more arrive on tourist visas and work in the hospitality industry.

China has been investing heavily in Sri Lanka as it enlarges its presence in South Asia.

In June, the tropical island nation opened Sri Lanka's first Chinese-built port, for which China loaned money. The port was seen as a strong symbol of Beijing's investment and interest in the region.

China is also building a second port in Colombo and Chinese firms have pledged investments totalling $50 billion spread over the next 10 to 15 years, according to Sri Lanka's trade ministry.

Regional power India views Sri Lanka as firmly within its sphere of influence and has been concerned about China getting a foothold there and in other surrounding countries.


December 23, 2012 14:54 ET (19:54 GMT)

3167 now

These numbers are not really that accurate ... i like to wait for at least Sydney opening to get a firm look at the price !

All chatterboxes BS ...

Never been at 3164 or 3167 ...

No gaps nothing like that ...

1.3188 ...

Buy a Reuters ...





;-|

I thought Bloomberg was a reliable source.... but ahhh, what do I know?

http://www.bloomberg.com/quote/EURUSD:CUR/chart

Edit: Perhaps Bloomberg was a chatterbox Bullshit after all.

I mean, how do someone like me who only got 7 posts know more than a member with 20k+ posts, right?

Reuters quoted 1.3166 so.....

Jaja ... highest been aprox. 1.3190/91 ...

http://images.forexfactory.net/attach/png.gif 2012-12-23_22h19_ EURUSD _ min020 _ (200) candlestick (spezial).PNG (34.4 KB)

Yes ... and we are coming down with it now ...

As it has been expected ...

2012-12-21_23h15 - ZigZag + Pivot Survey _ EURUSD _ Roll Up _ W-52 # FV86 (EN Daily, Weekly).PNG (129.0 KB)

See you at those lower levels ...







;-|

Forex is not centralized. Limited weekend trading can produce discrepancies between sources.

Of course it is not centralised.... but if someone tells me that the price at Sunday evening is 13166 at Bloomberg and 13188 in Reuters at the very same second, then any decent trader with access to both will go long at Bloomberg and short in Reuters... provided that the spread is not more than 22 pips.... but maybe I am just a newbie who is simple minded and don't understand how things work in real life... right?

If the different is 1 pip or less than of course it would not worth the while to do it...