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Eur/USD
- Thread starter ForexPro
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Quote from GlobalFinancier:
Long's the way to go.
Oil gold support.
EUR/USD with so many tests of support on hourly charts, obvious bull.
Whoops! 50 pips out of the pocket.
Bets placed on European Central Bank hike on Thursday. Since there are few expectations of a hike, I believe that makes it more likely and more potentially potent.
Quote from GlobalFinancier:
Whoops! 50 pips out of the pocket.
Bets placed on European Central Bank hike on Thursday. Since there are few expectations of a hike, I believe that makes it more likely and more potentially potent.
I think ECB will tighten (despite the rhetoric.. they can't be too direct due to pressure from EU members' leaders), so it's not a contrarian bet nor a blind gamble... I think the odds are dramatically better, and since this isn't a highly anticipated event, the downside is small while the upside is much more substantial
Look for a move back up to around 2090 and reset shorts for 1987. 2059 will be the key on the way back down.
Quote from GlobalFinancier:
I think ECB will tighten (despite the rhetoric.. they can't be too direct due to pressure from EU members' leaders), so it's not a contrarian bet nor a blind gamble... I think the odds are dramatically better, and since this isn't a highly anticipated event, the downside is small while the upside is much more substantial
Nope, not this time.
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