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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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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 28, 2011 15:10
yes I did. ok, understand.
Letisha
St. Catherine, Jamaica
Posts: 156
13 years ago
Mar 28, 2011 15:08
Did you?
Letisha
St. Catherine, Jamaica
Posts: 156
13 years ago
Mar 28, 2011 15:07
Didn't get triggered yet
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 28, 2011 14:58
Letisha, hope you took some off at the 100% sym 4024 or thereabouts :-)
Letisha
St. Catherine, Jamaica
Posts: 156
13 years ago
Mar 28, 2011 14:10
Same idea here Daveo....Entry @ 4119 SL 4140 TP 3892...Hopefully
jamshed
Pakistan
Posts: 57
13 years ago
Mar 28, 2011 12:44
Interesting report by Danske bank on friday, http://danskeresearch.danskebank.com/link/WeeklyFocus250311/$file/WeeklyFocus_250311.pdf

Summary,
spanish yields are not rsing with the PIG, --> spain is ok
EURUSD moving with 2 year euro dollar swap spread, strong correlation
rising rate expectations for euro are moving the currency higher.
1.50 target listed for 6m months and 1.46 for 3 months.

good read for those interested in macro view.

jnz
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 28, 2011 12:27
From a chart pattern perspective I am favouring the 1.3970 level next but I have been known to be wrong :-)
yobadnewz
London, UK
Posts: 21
13 years ago
Mar 28, 2011 9:50
Morning all. So the Euro has been suffering the last couple of days, there seems to be significant resistance around 1.42, we've been there a few times now. Meanwhile the FED is boosting its anti-QE rhetoric, and markets may start wanting to price this in, giving a boost to the dollar. Germany begins to voice its disapproval, and soon the markets may need to consider the fact that there is a possibility she will not get re-elected.
Spain's yields are nominally low, but there could still be some contagion from portugal, at the very least with the EU guys delaying any significant announcement for 3 months, permits the markets plenty of worrying space which will stop the euro's rise; and any further crisis will knock it down significantly.
place yer bets...
subway90
Posted Anonymously
13 years ago
Mar 28, 2011 9:10
Euro facing first resistance @4080/90.... above 4090... it will test 4125/30 and 4080 will become the support for move to 4180/90 main resistance... break above 4200 level would signal resumption of uptrend....
to the downside 4035 currently act as main support level... break would see drop to 3960/70 level...

gl/gt
subway90
Posted Anonymously
13 years ago
Mar 28, 2011 9:03
fastpips...

thanks... yes... first losing trade in months... :)

i've learned to cut losses to a limit if i feel i made the wrong entry.. i think most traders should be disciplined enough to accept loss and move on to be a better trader... coz our egoes will prove to be one of the worst enemies in trading... :)

gl/gt
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