it hasnt broken my descending trend line that has kept this on the downside for the last few weeks... it'll be close to touching about 290/300 so we'll see what happens once it touches that...

EURUSD

Gold just broke 1100 in one smash, nothing from the EURUSD so looks like theyve lost their correlation for the time being where is a good place to learn about gold? is there are thread on here for it?

EURUSD

have removed 1/2 position short.... not giving up the other half till gold has broken north

EURUSD

me too, if gold and EURUSD break out of their recent trend line thats going downwards ill suck it up and move on. will wait till tomorrow and see the state of play

EURUSD

failed to break it though... bounced straight off it though... potential double bottom on the gold at 1100 and a bit of a recovery for the day for the euro? all possible scenarios though :S

EURUSD

gold just bounced off its downward trendline, could be trying 14300 here???

EURUSD

we will break 14300 if Gold breaks 1100... USD has been gaining as gold has been falling most of today

EURUSD

missed the boat today but will short again when it hits the near downward trendlines.... knowing my luck it wont hold but we'll see

EURUSD

if the speed keeps up - i think i might be targetting 14121 - 38.2% fib level from year low to year high?

EURUSD

whats everyone thinking, a little descent to 1.5 again and then a proper correction up to 23.6% or or 38.2% fib lines from 15141/14505 = 14655 14748 then we'll see where we're at and go from there? i agree with the bulls, im not sure that there is ...

EURUSD

with the news coming shortly im sure sure it will have that long a chance to really take an effect anyway

EURUSD

market looks a tad oversold at the moment, tiny bit of consolidation for the next 45 minutes or so and then another push above 14600.... i had shorts just before it shot up... got stung for 35 pips

EURUSD

i guess go with my indicators pays off!! now i am prepared to look for buys... order put in 1.5000 No TP.... SL 1.4970

EURUSD

right think im heading to bed (UK) have placed SL just above the 61.8% fib level of 14574/14504 at 14552 my TP was 14510 from 14537 so not a bad trade, my technicals pointed me to go south so i took it. are there any other factors that i should have ...

EURUSD

although there dont seem to be many bears around...

EURUSD

i think we might see a test of 14500 here if 14540 doesnt get taken convincingly?

EURUSD

i agree 14538 is proving tough to break on the upside... 3 attempts on the 5m... stochastics in all tf up to 30 are oversold as well... could see a little down for a bit

EURUSD

i can't see anything substantial happening until this time tomorrow now.... maybe just mild correction for today's drop. surely for tomorrow when the IR decision is given by the fed.... theyre definitely not going to raise it.... they'll keep it the ...

EURUSD

what time is the news GMT? EDIT - found it - tomoro evening is the fed rate thanks

EURUSD

gator how come you're thinking to short? my daily shows 8.1 on stochastics (highly oversold) and RSI is at 38.... weekly is showing 44.1 and 54 respectively.... so are you looking LT or in the next week or two??

EURUSD