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Purple replied Dec 8, 2010Intraday EUR/USD: the bear wave off Monday's high at 1.3452 is approaching key support in the 1.3185/1.3195 area. In order to keep euro bulls in control, support at 1.3185 needs to hold and prompt a recovery back above 1.3280, to protect the rally ...
EURUSD
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Purple replied Dec 7, 2010Oh.. sorry.. you were seeing 'inverse' which is their and I was looking for regular HnD which I couldn't find...
EURUSD
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Purple replied Dec 7, 2010There is no head and shoulder in that chart.. its more like a double top... anyways their is bullish divergence in 15 minute.. so it should go up anyways.. atleast for now..
EURUSD
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Purple replied Dec 7, 2010USDX stalled again at 80.. psychological level.. could form double top there ... And gold stalled at 1400 ,,, psychological level.. and trendline support;;
EURUSD
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Purple replied Dec 7, 2010Hidden bullish divergence on different timeframes.. I wouldn't short here..
EURUSD
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Purple replied Dec 7, 2010US Stock Markets closed now... Euro could take a stall in price here..
EURUSD
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Purple replied Dec 7, 2010First ATR Target got almost hit low was 132.68.. I closed my short at 132.75 the last support.. will see how it goes in London tomorrow.. Ciao.
EURUSD
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Purple replied Dec 7, 2010I thought Scandenavian countries like Denmark, Norway and Sweden had highest SOL... are these countries even a part of EU?
EURUSD
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Purple replied Dec 7, 2010BTW Ireland budget vote is in 1.15 hours from now... so protect your losses/profit by putting SL somewhere before that..
EURUSD
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Purple replied Dec 7, 2010The next and last support for today is at 132.75.. which if breached will take us to today's ATR band at 132.64 and than 132.41 in extreme case.. Its safe to consider the lower trend-line in the pic I uploaded before as resistance now..
EURUSD
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Purple replied Dec 7, 2010Notice how whenever their is 'news' of fresh bond buying... their is no source quoted by Dowjones.. : 1611 GMT [Dow Jones] The ECB has bought Irish sovereign bonds Tuesday, traders say, as the 10-year Irish yield spread to bunds tightens 26bps to ...
EURUSD
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Purple replied Dec 7, 2010ECB Propaganda: BRUSSELS (Dow Jones)--The euro has proved it is a reliable currency and Europe's economy has good prospects, Russia's President Dmitry Medvedev said Tuesday after meeting European Union leaders. "We are sure that the euro, being a ...
EURUSD
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Purple replied Dec 7, 2010Ireland budget news can have 'buy rumor, sell news' effect... positive outcome is already priced in to a large extent..
EURUSD
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Purple replied Dec 7, 2010Price has breached the lower trend-line in pic below.. that line could become resistance until it crosses back above upper trend-line... image
EURUSD