Comments on: EUR/USD: There are some buyers around

By: Ivory

Ivory — Wed, 27 Mar 2013 09:50:49 +0000

They say, there are sovereign bids arround 28 barrier.

By: Nachiket

Nachiket — Wed, 27 Mar 2013 09:09:46 +0000

won’t be surprised if that same bank is selling at 1.2845. we are going to test the low again. fasten your seat belts

By: Banya

Banya — Wed, 27 Mar 2013 09:07:56 +0000

Had a cheeky bid that got stopped at 1.2825.I must confess that being a perma bear I have had a short position for a very long time that is now a few hundred pips fm it’s entry.Am more vigilant than ever now as it is a make or break for me now.Yes,I dream too of the retirement trade but sometimes a loss feels like a winning trade.Sean,u giving me a hand on my decision,mate?

By: Mary

Mary — Wed, 27 Mar 2013 08:51:17 +0000

I do note though that there are about 18o pips between current EURX levels and the support trend line.

So….we still could possibly see some ‘risk off’ movement down to that support.

This is doing my head in of late!

By: Sean Lee

Sean Lee — Wed, 27 Mar 2013 08:46:14 +0000

Excellent Mary, thanks vm indeed

By: Mary

Mary — Wed, 27 Mar 2013 08:43:13 +0000

Hi Sean, I’ve just been noting that the Euro index chart is approaching a major weekly support level. Whilst the Euro seems under the pump from a fundamental perspective, there are some technical factors that might evolve to give it some support here.

Charts here: http://tradespottingthemarkets.blogspot.com.au/2013/03/trading-week-250313.html

By: Danny

Danny — Wed, 27 Mar 2013 08:41:06 +0000

lets see if the sellers are dumping EU big enough