Daily EUR/USD trades

SwingOutOn5 · Feb 9, 2007

damn, I stepped out too early! eh, I'm scratching my head on where we go from here. I might make it an early weekend.

SwingOutOn5 · Feb 9, 2007

Any thoughts? W/ Poole and the G7 in the same day........

Long term bias? Anyone?

risktaker989 · Feb 9, 2007

ahead of the G7 it's not so clear...

based on a daily chart i'd say there is an upside bias but because there's no way to know how the G7 meeting will pan out...the technicals are up in the air.

i'm flat EURUSD until after the weekend. but for those that are long there is underlying support in the 1.2900 to 1.2850 area.

SwingOutOn5 · Feb 9, 2007

I've got good short going now. The rebounds aren't looking as strong, plus momentum is slowing on the hour chart. Holding through the weekend.

pulsescan · Feb 9, 2007

Looks like the pair is still set in a downtrend and is gaining some momentum. Long term chart is consolidated. Should see a bounce on monday before setting up the next leg down on Tuesday.

SergiPavl · Feb 10, 2007

Quote from pulsescan:

Looks like the pair is still set in a downtrend and is gaining some momentum. Long term chart is consolidated. Should see a bounce on monday before setting up the next leg down on Tuesday.

Hope that LEGGGGGGG will start without any bounce.

SwingOutOn5 · Feb 10, 2007

same here, but I try not to hope :-D

SethArb · Feb 10, 2007

did Euro drop after G7 a full handle ?

anyone else have indicative prices that are trustworthy ?

illiquid · Feb 10, 2007

I don't think alot of prices shown on weekends are trustworthy, I saw a couple places where GBP was supposed to have spiked 500 pts.

SethArb · Feb 10, 2007

I do not think cable ( GBP ) has moved much but the site that showed Euro dropping alot also showed the EURO - YEN cross
dropping alot too

ok ... tomm will be a better time for me to check than now