I doubt many bulls are going in on a "Buy the Rumor, SELL the fact scenario approaching

EURUSD

Not sure I have seen a position like this get fought over so hard. Even at 1.30 last week it pretty much sat still whereas,this keeps pounding downward but doesn't go anywhere. I gotta think somethings got to give.

EURUSD

Your post has wisdom and encouragement-thanks.

EURUSD

My indies surprisingly show potential for a fairly large move down. This is not lining up with the good news as expected. Its got me second guessing.

EURUSD

With all the "good" EUR numbers, why the weak move and rejection? Opinions?

EURUSD

Looking at a BIG drop here

EURUSD

If I had to bet, 1.30 is looking more difficult to get.It may be in the rear view mirror for today at least. 1.2822-sure why not? I might add that 1.30 saw 3 or 4 tops and 2 rejected breaks...I sense bears are waking up from hunger.

EURUSD

I concur, my indicators on 15m/30m show something cookin'too. Usually you can double time frame for actual confirmation

EURUSD

[quote=Mr Bull;3886778] Maybe "buying the rumor" is some of what has been going on. What is it: "Buy the rumor, sell the fact"?

EURUSD

Hi Cat, I was asking where you have been just last night. Have you been "Tom-Cat'n"?

EURUSD

[quote=Mr Bull;3886636]This may be helping euro Rumor French banks have all passed the stress tests source: www.forexlive.com I wouldn't call that news as friendly to a stronger Euro...sounds kinda gloomy ..."miraculous"?

EURUSD

US Futures all heading down should help USD like last Friday.

EURUSD

Careful, 2900 could be resistance now that trend has changed a little

EURUSD

What would that mean for the dollar?[/quote] Most likely up, according to fundamentals, but fundamentals have pretty much been tossed out the window the last 2 weeks.

EURUSD

BOJ devaluing currency against USD as they sell off Yen after last weeks 7 week high. (Bloomberg)

EURUSD

European stocks negative and going lower. BOJ devaluing currency against the USD (Bloomberg TV)

EURUSD

Please tell us more.Thanks

EURUSD

This thing still has steam, be careful

EURUSD

[quote=wannaberich;3885882]hopefully it will pullback here (30-35). if it does we are on the bear path (this is a bear number). loading more shorts when resumes downmove. waiting to see how it reacts to 15 which is a bull number for me. expect it to ...

EURUSD

How about a recent double top and then a rejection just over 1.30 for the 3rd time in 3 days. The bears can only get beat up (I mean really beat up)! so much...eventually somethin's gotta give.

EURUSD