View Poll Results: What impact will the ECB Rate Decision have on the Euro?
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Send Euro Higher!
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Will have no effect.
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03-10-2010, 07:51 PM #29536
Looks like a classic dog pattern. The dog sticks his tongue out and the price that he ate falls to the ground. Now the question is will the fall be because of the bad Aussie jobs numbers or because the pair finally picked a direction.
03-10-2010, 08:13 PM #29537
Right before the SNB rate decision at 13GMT, EUR has been dragged down at seriously low levels today (Exactly what NZD did yesterday to AUD before its rate decision today) ... I think this is a great buying opportunity
SNB is expected to keep the interest rate unchanged. Hence, tomorrow we can see serious pips in this pair with a very good upward swing (Exactly as how AUD\NZD threw ~150 pips in no time after NZD interest rate decision today and still moving upward)
if nothing works out SNB will bail us out...
BUY EUR against CHF
03-10-2010, 08:46 PM #29538
IMHO eur/usd will go towards 1.3700
becoz all this while it cant break the support of 1.3540
Personally I will short @ 1.3680 with SL @ 1.3730
Tgt profit at 1.3580
what do u guys think
afterall trading is all about opinion and taking up a position
03-10-2010, 09:08 PM #29539
So Far 5 Min looks like a break down coming, see if this plays out..
03-10-2010, 09:19 PM #29540
Double top EUR\JPY
Look at the chart ... it is not completed yet but I think it will very soon...double top with roughly 200 pips (target 119.80 area)
03-10-2010, 09:57 PM #29541
I was drawing out earlier today on Dow Jones Chart.. Looks like a possible down move in the coming weeks ahead if that resistance area holds.
Originally Posted by Mike618
03-10-2010, 09:59 PM #29542
Euro / USD
Yes I think the downside looks good on the 5 min chart. Longer term the 1 hour and 4 hour charts indicate this may be a ggod time to go short. Lots of good positive economic news coming out of the USA, and the Euro region is still struggling to get its house in order. And if the US stock market tops out soon then money might move into US dollars.
Originally Posted by FXTA
03-11-2010, 04:02 AM #29543
I come here to learn! Just go on!
03-11-2010, 07:07 AM #29544
Not yet, it just started to climb yesterday, give it time.
Originally Posted by dharminpdesai
we open low and climb high for the past week, so wait till 2pm and see where the market will be.
03-11-2010, 07:16 AM #29545
Me to here to learn.Hope to learn something...
03-11-2010, 08:29 AM #29546
What just happened at 8:30 New York time? Why the sudden spike? Cant find any news on the wire.
03-11-2010, 08:41 AM #29547
Unemployment Figures (US) just released
462k vs expectation of 456k so slightly worse...
03-11-2010, 08:47 AM #29548
Well! The Daily FX seems to be lagging Today. Theres been no news on the wire since 8:28. Wake up Guys.
Originally Posted by Broomers
Now for the Bright Side. I had a Short entry order in for 1.3680. Just picked up 33 Pips as it bounced off the bottom.
Last edited by bill2759; 03-11-2010 at 08:51 AM.
03-11-2010, 08:55 AM #29549
I think the forex stream started to malfunction at 8:28. NOt a very good time to be having technical problems
03-11-2010, 10:37 AM #29550
Seems to be okay now.
Originally Posted by bill2759
Hey, great to hear you picked up some "good pips". That's awesome! Congrats!
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