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

EUR

Discuss EUR in this thread
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 2, 2010 16:51
As long as US payrolls remain in negative territory and US data remains weak, it will support the Fed's dovish stance and maintain euro path towards 13275. if this continues, and no bad news emerges from Ezone banks/sovereign, then 13570s 200-day MA

Ashraf
LK
Greece
Posted Anonymously
14 years ago
Aug 2, 2010 16:45
Considering a short term EUR/USD swing @ USDX 200MA (Daily) - Any thoughts?
YESTER
Australia
Posted Anonymously
14 years ago
Aug 2, 2010 16:43
117 ON EURO SEEMS LIKE AN ETERNITY AWAY NOW
sub
UK
Posted Anonymously
14 years ago
Aug 2, 2010 16:25
ashraf,
Given euro has now broken your 13130 region, do you still see euro heading south to 117 in Q4 as previously stated.
Henk
Utrecht, Netherlands
Posted Anonymously
14 years ago
Aug 2, 2010 15:03
Anyone,

I am wondering how this news can be great for cable and euro. Doesnt this mean that US economy is doing better than expected, causing a sell in euro?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 2, 2010 12:28
TYPO in THAT LAST IMT ONE EURGBP

supposed to read prelim support 0.8220 followed y 0.8140 im latest IMT


Ashraf
orange_trad
New York, New York, United States
Posts: 20
14 years ago
Aug 2, 2010 11:45
"EUR [...] is showing the LEAST GAINS versus the USD"
"this does not mean traders can ignore the sharp gains in AUD, CAD and GBP"

Ashraf, does this mean that you're no longer bullish on EUR/AUD & GBP/AUD?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 2, 2010 11:33
NEGATIVE USD COMBO: The combination of weak US figures, dovish Fed rhetoric and improving Euorozone figures (PMIs) is proving increasingly detrimental for the US dollar. USDX is at risk of breaking below the 81.40s, marking the 50% retracement of the rally from the Nov 2009 low to the June 2010 high, coinciding with the 100-week MA. The bulk of the decline in 6-currency USD index is occurring against GBP and CAD components, which occupy less than 10% each in the index. Interestingly, EUR, which has the largest share of the USD index at 57%, is showing the LEAST GAINS versus the USD. Therefore, as long as EURUSD is unable to break above the key resistance of 1.3125-30, USDX losses may remain relatively stable. But this does not mean traders can ignore the sharp gains in AUD, CAD and GBP. EURGBP breaks key 0.83 support, eyeing prelim support t 0.84 before key target stands at 0.8140.

Ashraf
Jmx
Singapore
Posted Anonymously
14 years ago
Aug 2, 2010 11:13
catnip how u see cable??? :p
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Aug 2, 2010 10:59
this past...i trade cable every day and today there is no signal for breakout