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by Ashraf Laidi
Posted: Jan 5, 2010 18:55
Comments: 279
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More Euro Losses Ahead

More losses in the euro are seen ahead despite rallying oil prices.
 
Dako
Illinois, United States
Posted Anonymously
15 years ago
Jan 11, 2010 5:35
I dont think that the Euro/USD is going above the high placed a few minutes ago at 14532. This is based on a daily pivot that I just found.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 11, 2010 5:21
Hammalik,

He is now calling for 1.4590 in the European trade today, although the 1.422 call has for today from last week has YET to be rescinded.

Do you have the cheese grater ready for Usd/Jpy to slice through 92.20 like swiss cheese?

Listen to NVZIK, he brings up a valid point. Why Short Eur when the rest of the world is BUYING it?
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Jan 11, 2010 5:18
I can't understand why we are keen to short EURUSD at these levels.

The pair has just broken thru its resistance of nearly 20 days - 1.4480.
pbell115
New Jersey, United States
Posts: 1
15 years ago
Jan 11, 2010 5:00
newbie here. Based on the analysis, are there any specific rec. for a trade on a given day?
hmmalik
toronto, Canada
Posted Anonymously
15 years ago
Jan 11, 2010 4:38
Dear Ashraf


I have sold eur/usd @1.4880

where should i stopped out?

regards

hmmalik
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 11, 2010 4:23
The call was for Eur/Usd at 1.4200 as early as today. Now the call is for Eur/Usd at 1.4590 today? But it was capped at 1.4500?

I'm confused!

Get your (cheese) graters out as Usd/Jpy about to ripp south of 92.20 like swiss cheese. Then the next call will be 91.80 support.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 11, 2010 3:31
Newpip, payrolls and strongf Chinese data helping appetite & theyre aiming for the 76.20-30s region in the USD INDEX whichis the twin MA 50 &100 day MA approx 1.4580 in $EURUSD $$

Ashraf
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 11, 2010 3:23
Just read this on IMT: EURUSD remains capped at $1.45

Eur/Usd currently bidding 1.4520. I learned a long, long time ago that 1.4520 is a larger number than 1.4500. Where is the "cap"?

You all have blind faith. You all keep shorting Eur, while stops are being run in a market devoid of liquidity as the Japanese markets are closed. This gives those in charge a free pass green light to run stops.

Someone please, please, please wake me up the next time Eur goes down three pips.
New Pip
birmingham, UK
Posts: 84
15 years ago
Jan 11, 2010 3:15
AShraf-

Sorry to ask the obvious but are still looking on the downside for the eur/usd and where will this current push upwards go to-

Thanks always
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 11, 2010 2:55
bockdharma, when it comes to bond yields you do NOT LOOk at the spread but the DIRECTION of the spread and in the case of the 2yr yields it is in favour of EUR but is shrinking day by day.

Ashraf