It seems like most people on this thread are for euro strengthening, even though it has strengthened so much year-to-date already. I might the voice in the wilderness crying that it's time for euro to come down, possibly into 1.54 range.

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USDCHF recovered after a scary drop. Now it's ranging. What's the next step? Or waiting for the Fed rate decision?

USDCHF moving up for 2.5 weeks?

What is causing the chf strengthening against the dollar when euro has been rather weak?

USDCHF moving up for 2.5 weeks?

It's acting as if it's turning upward. What do you think?

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Maybe the market is taking a bit of time to digest it or it's waiting for the consumer confidence report in 1 hr.

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Well, HPI came out worse than expected and the market doesn't seem to care.

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Ok everybody listen to Kevin. He is definitely more experienced. Don't get burned twice. Wait for the numbers to come out first before you decide. For your position, Ultraman, do you think you should just sit tight for another hour or two till the ...

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If you are brave, you could double up and take the train further down south and make up for your loss. I have done that before because I misjudged the direction of the trend and later on was able to make up. But make your own call.

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The question is how low it will go, so we know when to jump in the train going north.

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The pair doesn't look good. Just appears to want to go down. But then, I don't really know. Today's US data is last hope. If it doesn't do the job, I think euro is finished for a while. You guys who are holding long positions, get your mouse ready ...

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Everybody got too bored and gone home?

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There is a thread for gbpusd exclusively. You should post there.

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Think I found the reason why euro dropped: url

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And I note again, it's not because USD is strengthening. Look at other major currency pairs. It's only strengthened against euro. Don't understand why.

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Just don't know any more. Not sure what the news will do for euro, whether the news is good or bad. This thing doesn't seem to have any life left in it. Just keeps dropping...

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Are you sure?

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It was a very understandable mistake. Everybody was saying euro was supposed to go up way past 1.60. Even this morning so many big name analysts were saying euro was expected to go higher. Then this afternoon, it went against everybody. It jJust ...

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What should you do? Hold out and wait for the tide to turn or dump it? What's the general principle in this kind of situation if there is one? That's TDI?

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This thing is making a free fall. Where is the bottom? Where is the next support? Anybody?

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Does anybody know if there is some news out that sent euro down like that? It's been ranging all day today and yesterday. Did some VIP speak? Did we miss something?

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