More important for Newbies: I agree partly with you, there is news and there is fundamental key news and information, key is to be able to recognize the difference and what has impact on the currencies, oil, treasuries and the stock markets. You can ...

EURUSD

Bullrock & Pipmac no offense taken, I think its healthy to share opinions and have discussions, keeps us all sharp and on the edge IMO I hope we all make good trades with profit...

EURUSD

Glad you brought this up...hit the nail on the head...in Forex large investors look ahead..be one step ahead... US trying to get out of a near technical recession...Europe trying to prevent sliding into one...do the maths... (Hint..Europe is ...

EURUSD

I'm a technical trader myself but never ignore news and fundamentals...9 out of 10 times I might go long in this situation....BUT at a different price level... However we now arrived at a major key resistance point...US does not want a weaker dollar ...

EURUSD

First of all, this bloomberg article was already available yesterday and secondly the survey was separate and has absolutely nothing to do with Bernanke. IMHO we sometimes focus to much on whats going on in the US now, meanwhile Europe is heading ...

EURUSD

Congratulations to the Bulls... Will 1.6 sustain is a different story in my opinion...and in the opinion of some of the largest bond & hedge funds managers... Quotes: `Incredibly Bearish' `The rally in the euro is over and we're now incredibly ...

EURUSD

Looking back sofar at Today my current expectations are we will be rangebound between 1.585 and 1.592 in expectation of tomorrows flurry of economical news, with a probably hawkish Bernanke having the "last word"...... Key imo will be any ...

EURUSD

Nice Try...think that would be a bit over optimistic...but possible...in this case for the daily chart...nr3 has to reach 1.5350..coming down from current levels... A triple bottom pattern displays three distinct minor lows at approximately ...

EURUSD

For newbees who dont know what a double top is: A double top occurs when prices form two distinct peaks on a chart. A double top is only complete, however, when prices decline below the lowest low - the "valley floor" - of the pattern. The double ...

EURUSD

Persistence can beat resistance...true...however this was 4th attempt now to break 1.59 today since London session open and the drop earlier tonight 1.6+ ...Wishful thinking..hmm...its stuff and very risky to enter long ...

EURUSD

Impressive...40 pips in 15min...1.59 will be a tough cookie to crack..retracing now, not a clear break yet imo..don't cheer to early bulls....EUR still down 80 pips for the day...I'm neutral now, will enter long as a hedge on my short upon signals ...

EURUSD

Dow Jones can set the trend for USD rest of today...opened higher..lets see if it holds...climbs..or falls...

EURUSD

Same chart(s) (30min, 1H, 4H)..different views It had room just before 1pm GMT to head up north, possibly back south now due to resistance at UTL 1.588 Short open at 1.586 for a while...only be tempted to go long again at a clean break of 1.588 (UTL ...

EURUSD

Whilst weekly pivot at 1.585 is being tested now for possible downside break, I'm still very cautious....the economic calendar for this week is filled with a flurry of heavyweight data for both USD & EUR, including important statements... I'm in a ...

EURUSD

Thank you

EURUSD

1.586 is going to be tested soon into US Open Short T1: 1.576 Short T2: 1.570 Short T3: 1.563 If it holds Long T1: 1.592 Long T2: 1.597 Long T3: 1.6+ Just my 2 cents...

EURUSD

Friendly Word of Advice — Just a friendly word of advice for newbees in the FX-Market... Be very cautious trading at levels like currently where there is major resistance or support, better to watch and learn or try out trading tactics via a ...

EURUSD

On one of my news wires...however like I said before there is to much "pushing" going on to stimulate trader sentiment. I agree with hard1head1:

EURUSD

Hmmm...There is a lot of "pushing 1.6 target" going on via news wires, including banks forecasts...makes me very suspicious..., seen this situation before when forecasts are in "danger"..the pushing starts in order to stimulate sentiment back... ...

EURUSD

0840 GMT [Dow Jones] The USD may have appreciated in response to the Treasury's move on GSEs, but it still hasn't recouped Friday's losses, notes Barclays Capital. The bailout plans are a positive step, but Barcap says there remains considerable ...

EURUSD