Another boost for USD sentiment this morning: WASHINGTON - President Bush on Wednesday signed a massive housing bill intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets. Bush signed the bill without ...

EURUSD

Theoretically that line was already broken when EUR hit 1.53 in June...shift it back and it makes you realize that 1.575 (22 July) was the key level to break for a strong downward move.... There are more ways then one to read trendlines.. Just my ...

EURUSD

Market reaction will show you direction, see if there is a confirmed retrace or a false initial break out..then enter within market sentiment if news is a confirmation of it...takes time to train your self and react upon..better enter later and safe ...

EURUSD

Here is where we stand with support & resistance: There are two major bullish TL's one at 1.555 & another at 1.550 1.555 is as good as broken, 1550 can hold till DJI sentiment becomes clear and Oil Inv is released... I would only go long if 1.550 ...

EURUSD

Bye Bye EUR....next stop 1.550...

EURUSD

Seems 1.555 is holding...for now.. IMO downside pressure to remain strong, if it doesn't break DJI open can push it down if not then we will see the strongest move upon release of Oil Inv..which can be either the "nail in the coffin" for the ...

EURUSD

Quick, short but not complete answer, cause it depends on a lot more...market sentiment and how close you are to major up or downside resistance..and if there is more news to follow...will have final impact on short term trend

EURUSD

1.556 to be tested now ...lets see....Down trend is strong...but so is resistance...

EURUSD

Back to business.. For newbees..how to trade upcoming NFP News & bit later Oil Inv. Simple...DON'T.. IMO..do not "gamble" on forecasts...watch market reaction...wait for 2nd wave when market choosing final direction, then enter upon...better make ...

EURUSD

Good morning DE123, Any "orders" for today......hows the bike... TIP: It rides better "downhill"...(read bearish) then "uphill" (read bullish)...called gravity...

EURUSD

True..however have a look at the chart ( url ) this shows a possible reverse situation...less unemployment... Add that to all current world wide economical signs, lots been discussed already in this thread (enjoy the reading) and you can ...

EURUSD

That's correct for the US stock market, FX opens at 12PM (GMT)

EURUSD

Hi Finian, please read back my first post today, still bearish but with caution as you can read there. Please do NOT follow my advice blindly, I'm not a guru and don't pretend to be one, always do your own due diligence and enter your trades ...

EURUSD

IMO...there is "room" to play for scalpers between 1.558 & 1.561 (L Short Term TL & H Short Term TL) till US Open and News to come later, nice wedge to scalp within. Just my 2 cents...

EURUSD

Thank you Update: Eur News hardly any impact...but...DAX drops further..IMO rangebound has just become more narrow till US Open, float around 1.560 level Further retrace attempt maybe to reach 1.563 for the scalpers..but if DAX keeps dropping we ...

EURUSD

Morning..as expected a small retrace so far towards "comfort level" at 1.560, dont ask me why EUR always seems to try to find round numbers to stabilize on... Today is a bit tricky, EUR consumer confidence news might spike it lower to max 1.556 or ...

EURUSD

As far as I am aware there is no speech today, please share your source on this, we have EUR Consumer Confidence release at 9.00 (GMT) Cheers

EURUSD

..Seaward, give the guy a break, his first post in here and I guess he's just honestly exited about having made +400 pips...well done for him...

EURUSD

1.55... the dots are important here for TP today......1.55 (6) or (5) or lower...profit on this one is just an extra bonus today. I agree we might see a retrace, but minor IMO, specially with tomorrows news, a turning market sentiment..have a ...

EURUSD

Nothing better then stepping away from the screens, relax.....come back and to be happy I left another short open.......on its way to reach my TP target of 1.55... Loving my 2 cents...

EURUSD