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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Dec 13, 2010 20:05
as said USDx above 79.6 and rising. Close above 134 a few pips
Ignore
Posted Anonymously
14 years ago
Dec 13, 2010 19:58
Dave..weekly looks like can carry to 3700, high prob, broke daily bull flag
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 13, 2010 19:52
I was long from 3285
Ignore
Posted Anonymously
14 years ago
Dec 13, 2010 19:49
Fanetti, no doubt you'll be able to tell...

no posis btw

euro shts from up north trailed to stop out last week
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 13, 2010 19:48
Fanetti. I think Japan is doomed benefiting from very low interest rates from internal savers but how much longer can that exist ? Someone said Japan is a storm fly in search of a windshield. Your demographics are truly horrendous. All major economies are in serious sh*t.
Fanetti Mazakura
Kyoto, Japan
Posted Anonymously
14 years ago
Dec 13, 2010 19:44
hah, console myself?
you'd better close your eurusd shorts and console yourself. I also think the euro is shit but now the question is which one is the bigger shit.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 13, 2010 19:41
Subway, yeah we bin pretty well in tune and I was watching the daily trend resistance
line break. I make extra allowances at holiday periods :-)

My initial targets posted allow for "correction" of 4th Nov move down. i.e I lighten load at both those levels. Beyond the 3735 level I transfer to your camp for further upside :-)
Ignore
Posted Anonymously
14 years ago
Dec 13, 2010 19:39
Fed decision and fed lingo tomorrow...a tad of inflation talk could be $ bull

good crossroads for position organizing
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Dec 13, 2010 19:27
A close above 134 is now certain but not sufficient to ensure further rises.
Two or more facts work together to yield unusual high absolute strength of EUR not seen since Nov 4.
Today first QE2 buying of long term bonds
German bund yields rise while PIIGS yields fall
Thus I assume despite of german politics balking at Eurobonds these will come, because the market is already pricing in its effects. Eurobonds will indeed solve the Ezone problems however at the expense of the richer members.
So stay tuned it is unlikely that EURUSD reaches for the sky rather the sky shouldbe the limit at
1.346 if at all.

Ignore
Posted Anonymously
14 years ago
Dec 13, 2010 19:23
well Fanetti, try and console yourself...