I expect a bounce any time soon. Despite bearish sentix indicator, last ECB decision was unanimous so the feel is that nothing else can be done at present time in Eurozone and being the 2 main markets closed I doubt London will take responsibility ...

EURUSD

shorted at 13669 tp 13622...looking to long at 13618 tp 13800

EURUSD

The problem with the CFTC report is that between Thursday and Friday market players might have changed their positioning substantially. However, the non comms number is scary because it is just too big to ignore. The lowest I see now is 13433-0 ...

EURUSD

non comms/ which include investment banks were still massively shorting this pair last Thursday....mmm food for thought

EURUSD

CFTC says that eur net shorts increased to 33k from previous week 16K

EURUSD

I have just seen this url . I don't know what time last Thursday this data was recorded...if before or after ECB meeting. However, sellers seem to be still there where we left them. Scary if you have longs.

EURUSD

We didn't see much retracement in the latest downmove. To have retracement you need good volumes, which I don't see now. US is certainly getting stronger but still needs support. However, it looks like Draghi has more tricks in his hat than what ...

EURUSD

difficult, Monday is bank holiday in France and Germany...I doubt they would like to play while most of Europe can't...not impossible though

EURUSD

no volumes, volatility dead...thanks NFP! don't have a clue of what can move this pair

EURUSD

We went to 13503 from 13994 in one go. It's time for the bulls now until confused bears take courage. I think we will get to 13712 before anything else on the downside.

EURUSD

Draghi expects his measures to take effects in 3 quarters...he expects also prolonged low inflation. He also said that current low inflation is due to a large extent to a high exchange rate and revised down his forecasts due to prolonged low ...

EURUSD

you got the problem of jumping into the wrong conclusions easily...I added an extra edited bit to previous comment

EURUSD

I lost you there. It's very simple. There's no deflation risk because low inflation is due to temporary factors such as high exchange rate. Draghi expects prolonged low inflation but no deflation.

EURUSD

I thought it was clear. If you revise down EZ forecasts because of low inflation...which is mainly caused by a high exchange rate or so Draghi says...you are expecting 2 things to be persistent in the future: 1) low inflation 2) high exchange rate.

EURUSD

interestingly Draghi excluded deflation risk. Measures were specifically designed for a prolonged time of low inflation. Based on his downward revision for future low inflation and his remark on the substantial role of high exchange rate on current ...

EURUSD

support should be at 13475 and lower at 13432

EURUSD

long from 13520...will add more if we go lower

EURUSD

it is not a disappointment. There are more constraints in Europe to cut rates this low than in US. Draghi cut them and added other unconventional measures, I am bullish.

EURUSD

lots of cuts...this should be the whatever it takes he meant some time ago...low inflation is fixed in EZ for the time being...not so sure in US

EURUSD