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

EUR

Discuss EUR in this thread
 
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 13, 2010 17:02
I've only just noticed that the spike I saw in cable is also present on the EUR/USD chart, around 16:40 GMT. Either something odd went on, or it was a broker/data glitch.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 13, 2010 16:58
@Phystech: It is looking that way, at least for the time being.

@Coach: Good trade(s). Be happy you are on the right side of this market :)

Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 13, 2010 16:54
Eurusd at 1.25898

Possible resistant today 1.2775 there abouts. May target 1.2820-80 before end of week.
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 13, 2010 16:44
All Eurusd short holders. Be very careful. Eurusd is acting like a japanese sword tonight!

I am targeting above 1.2820 there abouuts!

Last seven 30 min chart had been up! GL all
PhysTech
London, UK
Posted Anonymously
14 years ago
Jul 13, 2010 16:43
Ashraf,

Looks like long term down trend line was broken. Do you think its the end of Bear trend?
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 13, 2010 16:24
Crises of Capitalism

DO WATCHhttp://www.youtube.com/watch?v=qOP2V_np2c0&feature=related EXCELLENT DESCRIPTION !!!!!!

Marxism is a powerful explanatory framework, but this video shows one of its major shortcomings -- it is often treated by academics as a kind of modern day scholasticism, where Marx plays the role of Aristotle, and the the marxist becomes the philosopher-priest who assumes that everything can be understood in terms of the master. So, in this case, the speaker identifies systemic risk with the internal contradictions of capitalist accumulation. But Marx had no clue about the concept of risk.


Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 13, 2010 16:15
Went long at 1.25898. Eyeing 1.2825-1.2880.

Rumours is that that Citibank went long at the area too, targeting 1.30! Source Forex News
macrosam
United States
Posts: 190
14 years ago
Jul 13, 2010 13:15
A net EUR16bn of excess liquidity was drained, should be supportive of front-end rates, help EUR
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 13, 2010 9:01
We made a lower high yesterday. First we sold off from 12648, the level we asked the bulls to recapture. After posting a low of 12547 we rallied up to 12614 and then sold off again. Weve made a new low this morning. That means the bears still have the short term initiative, and I will be watching closely for the reaction to our key skew bar reference at 12478. If price is accepted below that level we will abandon the bullish outlook.

The bulls now need to take out 12614 to break the short term downtrend.

R4 1.2722
R3 1.2684
R2 1.2648
R1 1.2614

S1 1.2540
S2 1.2478
S3 1.2398
S4 1.2304
Qiman
United States
Posts: 237
14 years ago
Jul 13, 2010 0:56
This is a VERY important article regarding Germany's ideas for Europe:

Fearing a lasting burden on taxpayers, the German government is preparing a set of insolvency rules for countries in the euro zone. It would require private investors to bear some of the financial burden and force the affected countries to give up some sovereignty. The plan is guaranteed to meet with resistance.

To avert future problems, the Germans have asked their experts to assemble a package of reforms that could stabilize the construct of the European Monetary Union in important ways -- if, that is, the partner countries play along. And even then, it cannot be ruled out that some countries could go bankrupt in the future.
http://www.spiegel.de/international/europe/0,1518,705959,00.html