I think eyes are on Trichet today. I wouldn't taky any sudden moves yet. But, this what you posted is valid, should be kept in mind.

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Out at 1.4895

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First lvl I would consider to buy @ 1.4875 (yesterday's close)

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Today Trichet speaks. Watch for possible rate hike. Mkt continues to buy. Buy on dips still in play. R at high 1.4940.

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I know that tis is Eu section, but just heard that big bid on UJ at 80.50

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weak US data

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I have R at 1.4967

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there u go m8, step back and see

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Hope you had tight sl m8. I was watching that lvl, but decided to pass. I am waiting for pb to add

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range broken, bullish flag pattern completed, 1.50 here we come

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EUR: SOURCES: A LOT OF ARGUMENTS BEING HEARD IN FAVOR OF EARLY MOVE **SOURCES: MORE ECB RATE HIKES ON THE WAY; DISCUSSION ON TIMING Bloomberg

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I have this on up side

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82

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Numbers to watch: R2 1.4967 R1 1.4909 P 1.4832 S1 1.4774 S2 1.4697 if below 1.4740 consider short term shorts, but still buy on dips in play

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Today Portugals sells up to 1 bio EUR 3months bills. If this is sucessfull Eur may get more wind in the back. Also state received 78 bio EUR support from European Union. Watch for Nouriel Roubini’s speech today at a conference in Portugal around ...

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BNP Paribas: BNP FX Analyst - The EUR is likely to remain supported ahead of the ECB decision on Thursday, but we note that yesterday saw the ECB's Wellink become the first member of the governing council suggest that he would be open to the ...

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Regarding the stop at 1,4760 I mentioned. Here is how it is played. When traders are close to their custy book stops they will push to collect stops (cheep money). Mkt will move 10-15 pips below stops and then they start pushing mkt in opposite ...

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Unicredit: · GR: Yesterday, breaking ranks at the ECB, Wellink seemingly opened up to the possibility of a Greek debt restructuring involving a lengthening of the maturities (but ruling out haircuts).

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Hahaha. Yes, some demand there...

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Traders hunt sitting ducks. You can see some move down. And when stops are taken out, traders push market up.

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