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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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Dodger
London, UK
Posts: 139
14 years ago
Jul 9, 2010 7:48
Euro/Usd bounced off 1.2679/80 with good german CPI ,spiked but encountered resistence,still moving up and working through offers.However moving into over bought levels and offers above 1.2720/30 s.
Dodger
London, UK
Posts: 139
14 years ago
Jul 9, 2010 6:13
Euro just broke 200day on 5min,21 crossed below 50 day,threatening 21 day on hourly,lets see where the support lies before euro opening.
Dodger
London, UK
Posts: 139
14 years ago
Jul 9, 2010 4:01
There are apparently plenty of sellers into 1.27 s,which makes sense because is moving into over bought area,into bollis,and upper CCI on hourly levels,however is pushing up in asia on positive news and markets.Watching market action for a potental short somewhere betwween 127 -128,there is Deutsche CPI and french manufacturing in early europe,would"nt say this rally is looking exhausted but looks like it needs a rest and is waiting for the right catalyst.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 8, 2010 22:44
eurusd in rising triangle could be it falls sharply from 128 yet the up move lacks drive not sure
Qiman
United States
Posts: 237
14 years ago
Jul 8, 2010 21:51
IT IS registered in Luxembourg, the offshore domicile of many hedge funds. It has hundreds of billions of euros with which to place macroeconomic bets. And from July 1st the newly formed European Financial Stability Facility, the special-purpose vehicle (SPV) set up to support ailing euro-zone countries, is even being run by a former hedgie. But this is one fund that will never short its investments.
http://www.economist.com/node/16485600
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 8, 2010 19:10
i am short so far gold and nickel consider to enter copper and lead short possibly up reversal tomorrow but long term ...industry metals are overpriced and overstocked. When China reduces import of iron ore nickel should drop first
Gunjack
London, UK
Posts: 1184
14 years ago
Jul 8, 2010 18:17
@Cat r u still short Copper?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 8, 2010 18:14
as BDI plunges and liquidity dries further up it should be advisable to short industry metals
BDI is a good leading indicator
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 8, 2010 17:37
Yes Gunjack I agree! I think new regulation are to be blamed for it as it may reduce liquidity over all in the money markets.

Mean while I sold EURGBp 8374 and will sell again once it reaches 84 as its a 84 to 82/81 range play so easy trade here.
Gunjack
London, UK
Posts: 1184
14 years ago
Jul 8, 2010 17:11
@station the last para of your post is from Zero Hedge...I laughed out loud at the statistical relevance bit
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