I wonder what bullets has ECB left in the barrel? Critical zone after all. Their main concern seems to have been bond markets, they did start to mention recently that currency reaction to Greece was overdone. They probably don't really care if it ...

EURUSD

Come to daddy

EURUSD

Indeed. Times of big changes are nearer than some may think. Perhaps one central bank, one currency, end of cash to stop tax evaders & save the trees (Yeah!!), identity cards for all to fight terrorism (Yeah!!!), etc. Basically, please bend over no ...

EURUSD

Let's see if the DOW30 will have enough power to make it to previous support of 10975 cash, it looks weakening (but indices are tricky). There is a wedge there now on hourly chart. If stocks sell off again, then that will provide enough of a ...

EURUSD

Can't be excluded of course. But so far price action is not bullish, so bounce would be just a guess IMO.

EURUSD

Check out EUR/CHF Daily!

EURUSD

[/quote] They sure are trying to prop up government bonds with this illegal fund of theirs. So bounce can not be excluded, but overall I agree with your view that it is going to parity with USD & perhaps lower, who knows?

EURUSD

[/quote] Odds are in favour of support breaking, 'when' is another matter.

EURUSD

Monthly chart of DOW Transportation points to why oil has to pullback to enable stocks to keep climbing.

EURUSD

Skyzer, when is USD going to 74 please?

EURUSD

Also to see how "great" things are in Euro check out EUR/AUD Monthly chart. Australia hasn't been blessed with a recession. Check out this flight to safety out of Euro!

EURUSD

Anyone considering buying Euro swing basis has to check out ADX on Daily chart, I wouldn't touch it with a barge pole. url

EURUSD

Explosive move brewing on monthly. Similar in CHF. DX will rock this year possibly into 2011 & will leave a nasty crap stain on seller's underpants (IMO).

Spot FX Day Trader's Thread

As far as I understand it the issue is not weaker Euro, but high yields in bond markets. They, EU & Co., want to calm markets ie bond market. Who said anything about getting Euro back to 1.6, I haven't read anything about that in any respectable ...

EURUSD

DX to 120 within 12 months IMO (a call)

EURUSD

I wouldn't say I like it at all. I, like some other nutters, believe that first the stock market will tank, followed by currency, bond & commodities markets. Then it would be quite likely to expect some sort of provocation on a big scale, like we ...

EURUSD

Looks like we are nearing the time of 'game over' in stocks too. Good luck amigos, we are heading into the unknown.

EURUSD

Looks like EUR is screwed now, looks weaker than weak, plus USD looks stronger than strong. Expecting GBP to tank monthly basis too & same goes for JPY.

EURUSD

Since there is no resistance above, I would say a measured move ought to put Gold near $1,400. Holding.

EURUSD

I don't know who would be position buying Sterling here, look at this monthly chart. Biggest deficit in Europe, Tories will attempt to cut everything I suppose, but as the recent article in the FT said - Europe is not ready for austerity measures. ...

Cable Update (GBPUSD)