In between..Unemployment claims..less...read USD positive...

EURUSD

Here you go: url I'm short @1.2635 Rate cut 0.25% more then expected, add a dovish speech and down we should go...fingers crossed... As always...just my 2 cents...

EURUSD

Interesting...BOE cut rates 1%...and the GBP initially now goes north...

EURUSD

Well...guess I was to impatient..T1 just reached...lady FX never gives you time to relax...

EURUSD

Just closed my long position...market is ranging tight around 1.260 awaiting the BOE and ECB rate decisions. Staying on the sideline till after both been announced, depending on the outcome, this can go both ways....will look for entry point in ...

EURUSD

I'm long @1.260 with a SL @1.258 Reason: A. My earlier mentioned retrace... B. The following can be a possibility: "ECB and its president always seems to disappoint, they did last month after the BOE slashed rates by 150bp and they probably might ...

EURUSD

Fully agree with you in this Jim

EURUSD

Update: Current move caused by "Sweden's Riksbank shocks with a 175bp rate cut and the market rushes to adjust positions ahead of what is expected to be hefty BOE and ECB rate reductions" Currently watching if MS2 @1.25895 holds..if then I expect a ...

EURUSD

Good morning all, Nearly made T2 yesterday, better then expected bullish break out Hope you all enjoyed the ride down over night...I know I did... Once again careful trading in European session. Closed my short @1.2555 just now before hitting S2 ...

EURUSD

I don't have a crystal ball... I posted before..main trend is still down and we see bullish break outs in between..looking at expected rate cuts tomorrow, the main trend down should continue..but when is the big question...once it does I expect to ...

EURUSD

Update T1 reached at 1.268 (daily pivot) Don't think T2 I mentioned this morning will be reached today I'm short @ 1.269 Just my 2 cents...

EURUSD

1.26061 is low of the day

EURUSD

That's what we would expect yes Ed...having said that the market reactions have been delayed lately and also been full of "already build in anticipations upon.." Moral of the story...don't short a rate cut blind...you might get burned... Just my 2 ...

EURUSD

I fully agree with the down Jim and think we will enter 1.25 zone again soon. However with data heavy USD figures this PM and the rates tomorrow, which are expected to be cut, I would not be surprised at all to see another bullish break out before ...

EURUSD

good morning all Careful trading today in European session Dax opened lower but likely to recover some Oil and Gold steady Eur dropped due to weak German and French PMI data Closed shorts @1.264 for possible retrace in preparation for USD figures ...

EURUSD

I do respect your opinion psiholog, however read back on my posts since we started the drop from 1.6... The fundamentals for that initial drop have not changed...USA in recession but trying to climb out...Europe sliding into recession..there is your ...

EURUSD

I wish... Serious now, first it has to break down psych level 1.27 and R1@ 1.2686 which now acts as support, for a further move down towards 1.2634 (daily pivot) My most optimistic target would be around opening @1.260 If we can reach any of them ...

EURUSD

Daily as most important pivot, mids and full S & R's, fibs and Demark are my main ones

EURUSD

I only use weekly and monthly as guidance and reference...the daily is by far the most essential one. To add as a general tip...don't use only 1 chart in MT4. I use 4 EUR/USD charts with different time frames and different layouts.

EURUSD

As I said this morning Andy,there are no fundamentals backing up this retrace today other then DJI retrace after the huge drop yesterday. There are no fundamentals either to sustain the DJI gains today. Its pure technical trading and IMO we might ...

EURUSD