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

EUR

Discuss EUR in this thread
 
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ross
Hawaii, United States
Posts: 37
14 years ago
Apr 12, 2010 21:09
Dow closing above 11000
ross
Hawaii, United States
Posts: 37
14 years ago
Apr 12, 2010 21:08
The eurusd may fill the gap back to 1.3480-1.3500; from there I would take a small long position that could go back up to re-test 1.3600; if market fails at 1.36 market may have a chance to find Ashraf's called for April lows. If this gap does not fill, however we could be seeing a turn around in this pair. Dow closing � could negate eurusd shorts and could also forecast a turn around in this pair.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 12, 2010 17:48
US 10 y note price rises yield falls EUR long take care the big buy USD!
Ginger
UK
Posted Anonymously
14 years ago
Apr 12, 2010 16:31
Ashraf
Are you able to give us a revised forecast on Euro dollar by end of April and end of May?
Thanks
Ginger
MG58
Florida, United States
Posted Anonymously
14 years ago
Apr 12, 2010 15:26
Ashraf, Where do you see might be a good place to short the EUR$ from here?
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 15:23
Ashraf, if you have some time, what do you think about EUR/GBP?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 12, 2010 15:12
market in process off retracing off those huge gap-ups over the weekend. $1.3780-1.3800 is key resistance for pair to make transition from consolidation to upside extension.

Ashraf
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 12, 2010 14:59
Yes cable closed gap (or lost gains since Friday if you prefer) and as I write, a lovely bearish pin bar forming on the 1H .... if you take notice of such things.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 12, 2010 14:57
well during news - all brokers widen spreads substantially - but was just looking at their website- spread on GBPJPY was just 2.7 - most platforms have it between 6 and 10.

might have to shift to them at some point
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 14:46
Yes I agree. They have some nasty spread widening during news but this doesn't affect me as I trade low leverage long term.
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