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- Sunsi replied Oct 19, 2010
Would you like to explain how these things are likely to impact if happening.
EURUSD
- Sunsi replied Oct 19, 2010
Okey, then I see!
Do you think China chaning intrest rates will have a big affect? Personaly I thin this changes alot of things. And with dollar clearing 79fib ( 77.8) area. I wouldn`t be surprised to see the dollar strenghten more! What are your ...Cable Update (GBPUSD)
- Sunsi replied Oct 19, 2010
At trend line at the momeny. Need to break that one to conntinue bear movement. It bounces only a few pips 1.st try... Not to many buyers I think when with these Chaina news.. Might be some profit taking tho.
EURUSD
- Sunsi replied Oct 19, 2010
You clearly have a diffrent view on this then me. But if it wasn`t like that there woulden`t be much of a market!
One thing is for sure, the dollarindex wont go into the 60s today
Bounce of 1.3290-area is not to unlikely.EURUSD
- Sunsi replied Oct 19, 2010
I would expect some selling because of these news. Now that China are raising interest rates. Because with this happening it also decreases the need for more QE. Or how do you view it?
EURUSD
- Sunsi replied Oct 19, 2010
Dollar seem to be breaking key support on USDX. China raising interest rate. Banks reposting of great results -> Not so much need for more QE, they are good on their own. I would not be surprised to see dollar strenghten in NY session.
EURUSD
- Sunsi replied Oct 19, 2010
If USDx holdes above these levels, it will be bullish for the dollar! That`s how I view it.
EURUSD
- Sunsi replied Oct 19, 2010
Yupp! If that level breaks in NY session because of the news from China, USDx can have a nice move infornt of them.
EURUSD
- Sunsi replied Oct 19, 2010
Don`t you think the china raising intrestrates will make the dollar strenghten ?
Cable Update (GBPUSD)
- Sunsi replied Oct 19, 2010
What are your TP and SL? Reason it diden`t go further down, is becaus USDX hit 79fib which seem to be a though one.
EURUSD
- Sunsi replied Oct 19, 2010
Woulden`t be surprised to see this get more priced in troguh NY session and see dollar strenghten. Or what do you think?
EURUSD