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- giveachance replied Sep 27, 2013
kiwi looks set to break 0.8240 on the downside. another indication this is chf buying related rally
EURUSD
- giveachance replied Sep 27, 2013
and what if it closes below 3500. headline is swiss strength and not euro rally. if it is really euro strength 1.3570 will be taken out today or we close below 3500
EURUSD
- giveachance replied Sep 27, 2013
don't read this as a euro strength read this as chf strength rather. sometime soon swiss will be making some announcement to protect swissy from gaining more.
EURUSD
- giveachance replied Sep 26, 2013
on similar lines I have 0.9250 for usd/chf which does not agree with euro at 3576 of yours. may be you are rite. may be I am
EURUSD
- giveachance replied Sep 26, 2013
don't even think of making a reversal trade till 1.3450 is taken out.
EURUSD
- giveachance replied Sep 26, 2013
fed are only watching the unemployment data as of now and that is strong
EURUSD
- giveachance replied Sep 26, 2013
weak numbers but still think it will fall. this data allowed me to sell more
EURUSD
- giveachance replied Sep 26, 2013
Yes it was clear that euro is a short now but people still bullish
EURUSD
- giveachance replied Sep 26, 2013
No that does not mean up. pending home sales will decide the trend now for this week
EURUSD
- giveachance replied Sep 26, 2013
forecast? forecast was the fed for the taper and euro to go down to 1.30 but it rose to 1.3540. so forecast don't matter what matters is the price action and it is bearish as of now
EURUSD
- giveachance replied Sep 26, 2013
I think bank of america-merill lynch summed it up very well. make or break for the euro is at 1.3452. so to decide that it will visit that level once in 2 days
EURUSD
- giveachance replied Sep 26, 2013
No. But you never know. For me break of 3495 is imp for bears
EURUSD
- giveachance replied Sep 26, 2013
Bull is tired now. Yesterday chf gave the clue by defending 0.9100 and it will give the clue again
EURUSD
- giveachance replied Sep 25, 2013
1.6080 lol. whatch out for any counter trend rally which will be explosive now
Cable Update (GBPUSD)