EURUSD

AUDUSD still looks as if it wants to go up sometimes soon

EURUSD still needs to break through a bit of resistance before I consider a long.

Looks like a little PB then continuation

PB?

Where's the J?

Little bit of technical from FXBoot...

Pull Back, sorry

Ok sorry guys I was joking. I now understand now is not the time
But, the guy asking for live stream is right, live streaming on the FED meeting now? Anyone?

Secondly what is PB -price bottom
and BE ? -Big extension?
Thanks in advance

Buy at 1.3196
TP: 1.3260
SL: 1.3160
Best of Luck

Another view from Craig Erlam
technical analysis and charts strats at 4:05 min

Exactly what I mentioned earlier. How's Dublin? Haven't been back in a while =/

Hi PipAnon
Dublin's ok, though we haven't seen a bit of sun for awhile
SO you're saying we hit the bottom for now with eurodollar?
-

Lol, my lack of complexion holds up well in low lit areas! Well, he mentioned down to 1.33 and consolidation. Consolidation may happen to shake the selloff but continue lower. It has broken the rising support with that 1.336 level in sight.I think that if it breaks 1.336 its gonna drop further.

I have no open position on EURUSD and won't in either direction until further confirmation. Short EURJPY tho, looking for a little more Yen strength.

EDIT: Little nibbles at the dollar, currently

With MA's crossing down on 3min and 5min chart and PA unable to break though MA on 30min chart (as I posted earlier) this down trend will continue.

hummmmmmm!
does it make the target 310x?
3480 not done

Where are the regulars, sleeping?

Hello,
this is a comparison I made between USD/JPY and EUR/JPY. Let me know what you think.

http://www.forexfactory.com/attachme...1&d=1361469514

There is a major difference on the daily chart which can be spot analyzing the two charts compared above. Price action of both charts is the same but; while the Euro failed the next move higher, showing a Euro that is going to weaken faster than the Japanese yen in the coming days,that did not happen to the USD/JPY. So that means that bulls are not interested too buy the EUR/JPY pair at this stage (see below), while they could still be involved in long positions in the USD/JPY pair.

The USD/JPY pair (see picture above) did not fail the current long extension setup. Above the 91.60 level longs are still valid with a 1st target at the 94.90 area (scenario 1). The scenario 2. for the USD/JPY would develop if price falls below the 91.60 level. In that case we could see a move into the next level of support down at the 89.40 area.

As anticipated, the main difference between USD/JPY and EUR/JPY is that the latter failed the extension long. That happened the very moment price moved below the 123.30 level on Friday last week.The price is now in scenario 1, moving in traditional shorts with resistance between 125.30-125.80. First target is down at 121.80. Scenario 2 would kick if price would not bbounce off the next support level at 119.60 which lines up to the 2nd target in the 119.90 area. In that case, we could see a continued move lower.

The level of support on the EUR/JPY pair will be identified when the EUR/USD pair will also find support. I anticipate this support will come at 1.2900. Both USD/JOY and EUR/JPY could find their support when that happens.

More in my mid-week update.
Let me know what you think.
Thank you

No. You never posted reply but have seen you posted the same posts on other threads.
.

Like the comparison chart. Also my first target. Traders seeing dollar, not euro, for safety?

Posted this an hour ago, I hope you jumped aboard

http://www.forexfactory.com/showthre...372&page=50834

Huh? Jumped aboard on a long?

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