Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

tomorrow will be hawkish bc of ECB really i am gonna little frustrate there are lot of rumors that ecb donot amend their any policy but the euro debt crisis soon began ready to go long pick the entry level towards downside bull are be near there cheers

Originally Posted by xtura

This hopefully illustrate all together.

roger

Eska's Spanish is weak but I think mismamente esto is simple point to chart yes???? Count labels for me not so clear but in appear is same or so as mine, I hope you correct (smile).

Originally Posted by s_slo87

Look at this. Look at a 30 min chart and look at 9:30 EST AM that is the low of the day for the past week and it has rallied hard afterwards. Chart to follow.

Wow! Two in a row Kid. Don'tcha think that's kinda reachin?
P.S. Premature Jibe! Didn't go that far back on my chart. Sorry. Veddy interesting.

Originally Posted by AyoBro

That wA@1.42, on Jimbo's chart, has been there for a long time now. On some charts its a w1.

Here's a similar chart, but without the EW labeling.

Originally Posted by bill2759

[I][COLOR="navy"]Wow! Two in a row Kid. Don'tcha think that's kinda reachin?
P.S. Premature Jibe! Didn't go that far back on my chart. Sorry. Veddy interesting.

Bill if you go even further back it was like that early march. Remember when we were hitting 1.3750 and it couldn't break? Pretty much sense then it bottomed out and rallied hard the next 2-3 hrs. Only if i could have put that logic together and wouldn't be hurting as bad as i am. No position in the Euro currently.

Originally Posted by s_slo87

Bill if you go even further back it was like that early march. Remember when we were hitting 1.3750 and it couldn't break? Pretty much sense then it bottomed out and rallied hard the next 2-3 hrs. Only if i could have put that logic together and wouldn't be hurting as bad as i am. No position in the Euro currently.

So! Whadda Ya goin to be doin tomorrow morning at 9:30? lol

Originally Posted by Gregory McLeod

Euro Could gain Ground after ISM Release

Disappointing U.S. ISM is Start of the Euro Bull Party!

Its possible that the impending threat of a possible federal government shutdown this Friday could be putting some downward pressure on the US dollar. It would mean a million federal government workers would be put on furlough. Although the Treasury and Fed would keep operations open, it could have a big psychological impact on the dollar. Lets hope the politicians can act like adults and keep the government open.

Originally Posted by xtura

This hopefully illustrate all together.

roger

The 5 waves up your showing could be w1 of iii(red)but the count would be ultra-bullish.

Originally Posted by bill2759

So! Whadda Ya goin to be doin tomorrow morning at 9:30? lol

HAHA. mmmm holding my eyes in 2 containers of solution as i have a long night ahead with class work. When does the ECB come out? 8:30? I see a buy the rumor sell the news thing happening tomorrow.

Does anyone have a count on the usd/nzd they would care to share, it is on a crazy tear upwards, and i was a little silly on it and was exercising my patience but need someone confirmation to make my little beating heart feel better.

If todays high of 1.4350 is indeed the top, I've added fibs from the June low.
Next stop 1.3765.
This is just something to give the rest of us Bears a little hope for the future before we all become extinct.

just to cheer all my fellow traders.....

Portugal minister just mentioned his country definately needs a bailout......
Portugal prime minister is due to be live on Sky news shortly
So a bailout for Portugal and a very distinct possibility that USA government will shut down or a decision to be made by Friday

I imagine tomorrow will be EXTREMELY INTERESTING ! the question is will it effect the technicals??

Originally Posted by Mary R

Its possible that the impending threat of a possible federal government shutdown this Friday could be putting some downward pressure on the US dollar. It would mean a million federal government workers would be put on furlough. Although the Treasury and Fed would keep operations open, it could have a big psychological impact on the dollar. Lets hope the politicians can act like adults and keep the government open.

Funny, dollar drops due to debt. Dollar drops when gov shuts down, which will save nearly $4 billion a day.