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

EUR

Discuss EUR in this thread
 
rrose
United States
Posted Anonymously
14 years ago
Apr 12, 2010 7:50
euro has just put in a five wave down now i think we are going up again
Ashraf Laidi
UK
Posted Anonymously
14 years ago
Apr 12, 2010 1:15
But a 140-pip gap-up in EURUSD is no joke; so this suggest that $1.3790 can be viable as the next target; but i would rathar stay with eurusd shorts and long EURCHF for 1.4550


Ashraf
said
mulhouse, France
Posts: 2822
14 years ago
Apr 11, 2010 23:31
1.3700-30 short EURUSD
said
mulhouse, France
Posts: 2822
14 years ago
Apr 11, 2010 23:15
this euro lift will be more than excitement and euphoria
it will help lift market till the next election with... off course a mini corection.
but for the short term lets short euro at japan and eu session
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 11, 2010 23:12
@all...
I agree with contemporary eur strenght...But cant finger out what levels could be reached,there are so many of them in my analysis..

One thing that confuses me is the role of USD on various battlefields..ashraf s talking about its appreciation against CAD..WE r talking about its depreciation against gbp and eur...
Maybe theres an opportunity to trade Crosses:-) long GBPcad and EURcad?
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 11, 2010 23:06
Sure, the ongoing excitement will lift euro in coming days. You don't have to have EZ fundamental problems solved. The market mass can be very irrational and the cheer over the bailout simply IS an endorphin booster.
said
mulhouse, France
Posts: 2822
14 years ago
Apr 11, 2010 23:00
the JPM whistlelower case was simply here to say us that markt will fall in its past excess.
for the moment lets expcet still euro weakness followed by an uncorelated period.
Ginger
UK
Posted Anonymously
14 years ago
Apr 11, 2010 22:51
Catnip agree totally - none of the problems have been solved - the can has just been kicked further down the road. That's why I don't see Euro strength lasting for more than a few days. Also any sell-off in over-bought equities will be dollar positive.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 11, 2010 22:47
I don't see any fundamental problems solved. As Japan is FX trading now spreads come down and EUR retreats a bit towards 1.36.
Ginger
UK
Posted Anonymously
14 years ago
Apr 11, 2010 22:45
Looks to me like a few days of Euro strength as the news is absorbed followed by weakness again. We'll know what Ashraf thinks soon hopefully.