Chinook's EUR/USD (E/$)Mumblings
- Thread starter chinook
- Start date
[IFRMARKETS EUR/USD COMMENTS]
[02:22 [09:14 EUR/USD: Stops Fuel Rally, Sellers Emerge 1.3545] London, December 24:
Stops have fueled the rise in [EUR/USD] to 1.3543 but offers up at 1.3545 just
shy of a 1.3550 option barrier have stalled the rise for the moment. Sellers
look to have the upper hand as they demand higher prices from those looking to
square away shorts and with the market as illiquid as it is they will no doubt
get paid too. Dealers are now eyeing the option barriers at 1.3550 and 1.3560 as
a short-term goal if this momentum can be held and no decent offers emerge to
limit spec and option related buying. --
[02:22 [09:14 EUR/USD: Stops Fuel Rally, Sellers Emerge 1.3545] London, December 24:
Stops have fueled the rise in [EUR/USD] to 1.3543 but offers up at 1.3545 just
shy of a 1.3550 option barrier have stalled the rise for the moment. Sellers
look to have the upper hand as they demand higher prices from those looking to
square away shorts and with the market as illiquid as it is they will no doubt
get paid too. Dealers are now eyeing the option barriers at 1.3550 and 1.3560 as
a short-term goal if this momentum can be held and no decent offers emerge to
limit spec and option related buying. --
1.3600 broken
I see no previous resistance lines since the Euro was never so
high.....the sky is the limit...
high.....the sky is the limit...
....USD index pivot touted at 77.60.....around 1.4135 area.....personally punting on 1.4040 before USD nearby rally....
JBT,
you engage maybe in top calling, but I say go with the flow(up)
as long as the market tells me so....
reminds me of my brother who is already looking for a top
to short when we passed 1.3050
you engage maybe in top calling, but I say go with the flow(up)
as long as the market tells me so....
reminds me of my brother who is already looking for a top
to short when we passed 1.3050
