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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
digi
Canada
Posted Anonymously
13 years ago
Jul 22, 2011 2:34
so whats your take on it?
short or long?
digi
toro, Canada
Posts: 1040
13 years ago
Jul 22, 2011 2:33
FXstreet.com (Barcelona) - The Euro soared across the board reaching 1.4435 against the dollar, after the EU summit outcome: members had agreed to extend the loans to Greece from 7.5 to 15 years while interest rate has been lowered to 3.5% on new loans. The bullish momentum extended over the American afternoon and even on early Asian hours, but is now on the retreat towards 1.4385.

Valeria Bednarik, Chief Analyst at FXstreet.com still sees EUR/USD holding a strong bullish momentum: "The pair seems now correcting extreme overbought conditions before aiming higher; the upside is supported by general buying mood, as local share markets had the same tone of their oversea partners. Hourly chart, shows a still strong bullish momentum that should help keep the downside limited
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 22, 2011 1:49
not giving up on my target yet.. but will wait for Sir's stop taken or channel broken:-)

"..Dealers in Asia say the session has kicked off on a
fairly subdued note, with euro-dollar now at $1.4395, as $1.4400 gives
way in the face of offers at $1.4450 and $1.4470. There's talk of weak
bids and hourly chart support at $1.4370/60, which may not hold very
long, trailing stops at $1.4340, with stronger support now seen at
$1.4300, and further tech support at $1.4276, the July 13 high.."
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 22, 2011 1:40
digi.. what bearish convergence?.. i didn't see any.. looney on the other hand..
digi
toro, Canada
Posts: 1040
13 years ago
Jul 22, 2011 1:14
so not just me got almost fooled
digi
toro, Canada
Posts: 1040
13 years ago
Jul 22, 2011 1:13
i didnt open , i decided not to

but i read some commentaries dat aussie beat up that bearish convergence / sell signal

today

i t looked pretty convincing
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 22, 2011 0:58
G'day.. are there yet?.. 4450..

how are you doing with your aussie short digi?..
digi
toro, Canada
Posts: 1040
13 years ago
Jul 21, 2011 23:55
http://www.efixpuls.pl/cotton2/dokumenty/analizy/dzienne/efixRD3_20110721.sxw-PIC-10000000000005A80000033AD478A3E2.png

heres
subway90
Posts: 1078
13 years ago
Jul 21, 2011 23:34
as long as 4358 holds... could see move higher to 4480 and possible extension to 4520....

break below 4358 confirms move south to 4260/80 then 4210/30...
Sir Ignore
United States
Posts: 3068
13 years ago
Jul 21, 2011 22:18
4457 breakout opens 4560 and then 4700..
but daily channel top posing resistance..

long 4124 tp 1/3 4430 taken next tp tba..

putting stop at 4350