Looks overdone.

EURUSD

This ought to create some headwinds for the dollar. It's been on my mind for some time: How can the Fed stabilize the strong dollar?! We saw BoJ intervening in the market back when the unfortunate Fukushima event took place; however, I don't know ...

EURUSD

Looks like we have some price movement reflecting hedge interest.

EURUSD

Having been short and covered much higher than current price, I would not re-short this until at least a decent RSI pullback on 1H if not 4H; preferably around the 1.12 area. I think shorts are likely to remain on the sideline until Wednesday when ...

EURUSD

A lot of factors including the 1.10 psychological level, RSI oversold on 4H, good economic news (PMI) out of Europe, highs in the US stock market might hint to taking a long position at this price level for a few days. What do you think?

EURUSD

Interesting observation. I am also looking at those prices, however, I am not shorting this thing until I see some recovery. Nothing was new today. Just the old ECB plan.

EURUSD

We might get a bounce to around 1.1250. We weren't anticipating this much of a move at once, so there is tendency to try to pull back and stabilize before another move.

EURUSD

I've got to say BooG, your timing on the uptrend was well spotted. I've kept my short since 1.14 and rode the rally up. The Eurozone area is very fragile to news and central bankers are comfortable keeping the EU below 1.15. The US economy is in a ...

EURUSD

No, Reza is a common Persian name. I've got only one ID.

EURUSD

And all the guestimates on CPI proved to be wrong. I think we could have two to three consecutive short days until we reach equilibrium.

EURUSD

Looking at how tight we have been trading over the past few sessions, I'm going to wait to either see 1.13 tested or the 10 day moving average before going long/TP. Usually, when there is no major change in economic news, but markets deviate in ...

EURUSD

Nothing. All the retail investors and retail hedge customers are buying up. Banks awaiting to dump. There should be a domino effect soon.

EURUSD

Hmm, sorry saw your post too late. I guess now that you look at my post you can interpret it in different ways. Hope you handled the trade well.

EURUSD

Maybe 1.5172, and that's a big maybe for me. JMHO

EURUSD

I would be speculating, but I think Johnson and Johnson and/or JnJ investors brought some money from Europe to the US. Perhaps they find these levels medium term peaks...

EURUSD

Terrible survey data out of Germany. Sharp knife.

EURUSD

My short term target is at about 1.1350 then your level (1.1330) then 1.1310 and then sub 1.13.

EURUSD

What targets do you have in mind for the day?

EURUSD

I agree. That's why I'm up in the morning to get into this pair. Greed got me in 30 pips lower than my target, but I'm not going to let fear take over! EURUSD looks ripe for wholesale short. The question is if this is finally the strongest level. ...

EURUSD

Well, it is at the critical target of 1.14. I was expecting a lot of new short pressure and long take profit happening, but the dollar index is down by 0.25% so far.

EURUSD