Can euro go up against anything right now, especially when AUD just had a good GDP number and is running up against USD?

Cesarnc's market talk, gossips, rumours & fun

That's a given. It doesn't tell anybody much.

EURUSD

That's exactly why I still don't get why there was the huge rally for USD. He never said anything about potentially raising interest rate. He just said they wouldn't cut again, which is what everybody already knew all along.

Malaysia

lol. Should we ride the train down first and then up? Or stay on the sideline to see what happens first?

No Brainer Trades

What's going to happen to the pair next? Will the good news turn the direction of the pair and make it bullish?

Malaysia

Where do you get the webcast? What's the site? I am always watching bloomberg, but it doesn't broadcast the speech.

EURUSD

My question too. The drop across the board was due to what Bernanke said, and nobody could have anticipated it. Bernanke, for the first time in his career as the Fed chairman, talked up the dollar instead of down.

EURUSD

I did say I wasn't so sure. Hope those who are long had stoploss.

Trading Aussie Jacko Style

Not sure if it's so obvious. This thing has been overbought technically. Fundamentally, there was no rate increase in the earlier statement, and no plan to increase in the near future.

Trading Aussie Jacko Style

Are you going long or short?

Trading Aussie Jacko Style

Anybody still holding long on cable? I got out, being afraid that the run may not continue.

Malaysia

Problem is that it's far away from filling the gap. In fact, many have been waiting for it to happen since the beginning of the week and it hasn't happened. Don't have any idea what cable intends to do. Not moving according to the charts.

Cable Update (GBPUSD)

What do you think is the trend for AUDUSD? When you say it's countertrend, do you mean it's going up or down? It seems to me that the trend should be down, but for quite some time now, it won't go down under .9500. I don't know if I am right.

How I Turned 1k To 100k In A Wk!!!

Could you pleaes explain your reason for going long?

Cable Update (GBPUSD)

The much hoped for rate hike didn't happen with RBA, so AUDUSD came down a bit. Not sure if it will range or move in some direction next. Anybody got any input?

How I Turned 1k To 100k In A Wk!!!

Only a 20-pip drop. It was hyped earlier because the expectation was that the RBA might hike rates. But it didn't happen. They are holding the rate the same, hence the drop. Judging from the chart, what's your expectation of where the pair is going?

Malaysia

I am also holding short since yesterday, but AUD number just came in good. So not sure if this thing will come down or just keep going up.

How I Turned 1k To 100k In A Wk!!!

Thanks. Oil shooting up as well as gold. That should help euro, maybe cable as well.

Cable Update (GBPUSD)

Glad I am right with long on G/U. But probably got in a bit late at 1.9650. How far will it be up to?

Ask DRT

Sham, Just ignore nuisance. Nobody would doubt your experience. Let's continue our currency discussion and don't waste time on nonsense.

Malaysia