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EURUSD

Big news day tommorw espcially for the USD with a few high impact news items and 2 speeches. Could be a high flying, volitile, major spike kind of day. It appears that today may remain quietly bouncing... it will be interesting to see what the FOMC ...

EURUSD

One news sites outlook, The EURUSD took out the 1.3600 handle in early European trade but has since struggled to maintain its gains. For now the market is shrugging off any concerns regarding sovereign debt problems in the EZ and focusing instead on ...

EURUSD

The 1 hr charts have yet to close a candle up over the 1.3611 level (on my broker) which represents the 6/8 MM strong reverse line. That line break and close should be the key to some galined bull momentum further up.

EURUSD

I am waiting to see a return to the 1.3550 level and a bouce before looking to long this atm.

EURUSD

the USD is gaining strength against the CHF at the moment is what he is asking... the USD is up against it.

EURUSD

I was trying to avoid the potential spike before tking any trades not trading data either way.

USD/JPY Discussion

I guess however both data were much better than expected and best readings in many months for both...

USD/JPY Discussion

Shouldn't good data first drive the USDJPY down lower?

USD/JPY Discussion

And no movement at all... Better than expected data??? Weird.

USD/JPY Discussion

Positive data possibly coming for the JPY in 8 mins...

USD/JPY Discussion

[/quote]Some strong JPY news in 1 hour = 10 minutes before ASX bourse opens... can be a tricky trade for eurusd... I reckon I will enter between the news and the open...[/quote] What effect does positve JPY data have on the EURUSD pair?

EURUSD

Raising rates is typically a sign of stregthening economy so it should strenghten the USD at least in the short term after it is announced.

EURUSD

Hope everyone had a good day and I will see you during Asia...

EURUSD

Week of Sept 27-Oct 1, 2010 — The markets are quite right now as all markets but NY are closed for the day. I have decided that rather than waiting until Satuday or Sunday to post for the whole week I would write down my thought now for Monday ...

Prez Forex (pres78) Trading Journal

Thanks for that reply. I am using MM lines and understand (well still learning) the way price reacts and the 0/8 to 8/8 levels but wasn't sure above or below those points. Also I assume that is the +2/8 is exceeding the MM line will recalcualte and ...

EURUSD

How do you trade the MM lines once we get over 8/8 like we are now on the EURUSD? I show it bouncing just below the +1/8 line at 1.3580?

EURUSD

That's how I trade also... not really into holding trades super long term. 1 day max but shorter is prefered if the trend and volume allows. Do you see the EZ allowing their currency to go that high?

EURUSD

JPY Tankan Manufacturing Index image 71 image JPY Tankan Non-Manufacturing Index image -2-5 image What will BOJ do? Weak US data today followed by what is forcasted as being positive JPY data tonight. Already below 84 and this data tonight ...

USD/JPY Discussion

Yes with how hard it was to break through this level on the way up I am sure it now poses a nice support level for the pair. Also there is really no published market moving news for either currency tommorow except possibly the FOMC member speeches ...

EURUSD