I would not short just yet, an announcement about Spain asking for a bailout is imminent.

EURUSD

This is how we are looking, some critical trend lines in play...

EURUSD

That is not even close to a bottom unless you are scalping on a short time frame.

EURUSD

Trading with fundamentals is a MUST.... Technicals and fundamentals go hand in hand, the big boys do not look at the technical picture only, they look at fundamentals and set the trading tone by looking profits around technical levels.

EURUSD

There is no way in hell its going to that level at least this year.

EURUSD

I doubt we will see a sell off this week, too aggressive a news to see a sell off so soon, next week could be filled with fireworks though

EURUSD

Hi Davit, I have been where you are before... I know it hurts taking a loss but this should only make your resolve to learn fundamentals even greater. How do you follow the news? Remember technicals and fundamentals go hand in hand...

USD/CAD

Guys the news is extremely dovish for the dollar, it really boggles my mind how people trade without any knowledge of fundamentals! Do not fall into the trap the big boys are sitting up, unless you are scalping...

EURUSD

People really need to understand fundamentals before trading... Fed just announced they will be printing more dollars till employment does not get better... this is extremely dovish... I would not long the Ucad pair.

USD/CAD

Nicely done, they took out some stops all over the place, dollar longs are running with a trail of fire behind there backs. Now that QE3 is over it is time to think about going dollar long come end of September

EURUSD

Its game over for the US dollar for now.

EURUSD

Well to dance with her now would be like dancing with Ben Bernanke... image

EURUSD

$4.00 gas is now a reality most Americans shall have to learn to live with. As much as inflation is a worry, I doubt this will stop BB from pressing the trigger, after all we are talking about the most dovish chairman ever in Fed history. ...

EURUSD

No QE would mean a dollar rally.

EURUSD

Watch for the FOMC statement at 12:30 EST. Any QE3 if announced will be then.

EURUSD

Well it all depends on how we define big? It will probably be something like Operation Twist that will kill the USD for a couple of weeks. Just reading the threads in general it seems most retailers are long USD going into tomorrow.. I remember QE2 ...

EURUSD

Well for a start BB did give some strong hints about QE if the economic indicators don't turn during his Jackson Hole speech. Apart from that here is the summary on the last meeting minutes: Key points from the minutes are summarized as follows: ...

USD/CAD

I am on the very opposite boat, the chances of QE3 are pretty high... The economic indicators have turned down and the Fed has been signaling they are willing to do something about it. Will QE3 work? I honestly have no idea but it does give some ...

EURUSD

Does not matter where it is heading as of now, everything hinges on QE3 and that is what the markets are waiting for. As soon as QE3 is announced this pair will drop like a stone and vice verca... Personally I would stay clear of long positions on ...

USD/CAD

What makes you think we will not have any QE? This is Ben Bernanke we are talking about, the most dovish man in Fed's history...

EURUSD