Eur/usd

[mohsinqureshii 10]

Can Eur hit 1.2700 area again??

[Obsidian 10]

imvho once 1.2950 - 1.3550 range is broken, we will see either 1.10 or 1.43

[yansen 10]

got some descent EUR and USD data out later, nothing concerning for me since im not exposed to either. Busy Calendar today…will see if I can squeeze in.

[Obsidian 10]

economic calendar is pretty heavy this week...

UK data in 2 hours, then EU CPI and industrial production figures

[yansen 10]

ECB Stats today: €14.7B borrowed in overnight loan facility vs €15.6B prior; €816.0B parked in deposit facility vs. €795.2B prior. EUR/USD strategy will be to look for weakness to sell on bounces. Major fundamentals will be The EU Feb CPI and Jan Industrial production.

[yansen 10]

ECB Stats today: : €1.8B borrowed in overnight loan facility v €14.7B prior; €686.4B parked in deposit facility vs. €816.0B prior. EUR/USD strategy remains the same look for weakness to sell on bounces. Lots of US data and EU Employment Rate announcement today. Rumors are that decent size EUR/USD Sell orders are parked at 1.3090/1.3100

[yansen 10]

ECB Stats today: : €11.8B borrowed in overnight loan facility v €992M prior; €758.8B parked in deposit facility vs. €727.7B prior. EUR/USD fundamentals: Current Account (bln EUR), Italian Industrial Orders and Sales, Euro-Zone Construction Output and most importantly NY Fed Pres Dudley Speaks, so we will wait for comments on additional stimulus.

[Obsidian 10]

eur/usd should close above 1.3218 today in order to remain bullish, else it will move back to 1.3080

[yansen 10]

EUR/USD pressed into high range yesterday but my strategy is still bearish as long as resistance at 1.3305 is intact the focus remains on the downside. support at 1.3135 ahead of 1.3000, EUR/USD fundamentals: German PPI, Building Permits and Housing Starts in the US today. Also Fed Chairman Ben Bernanke delivers the first in four lectures at George Washington University.

[yansen 10]

EUR/USD potential 4hour double top forming? Buy orders clustered down at 1.3200/20., sell orders clustered 1.3300/25

[Obsidian 10]

if we don't close above 1.3310 today, it is possible to see 1.3160 the next day imvho

[alhadi 10]

the pair move down more 90pip since this morning, for now he facing a support level at 1.3281

and 200 sma at 1hour chart and up trend start from 1.3000.

[Obsidian 10]

short term indicators signaling it is time to visit 1.3282/62 imvho:roll eyes:

[elli 10]

Dukascopy Fundamental Analysis

 

EUR

"It is very hard to see how Spain can have a sustainable recovery"

- Frances Hudson, global strategist at Standard Life Investments

European stocks closed lower on Tuesday hit by concerns over Spain’s ability to tackle its deficit.

 

USD

"As the economy continues to strengthen, more of the pent-up demand will be released"

- Don Johnson, U.S. sales chief for General Motors Co.

U.S. factory orders rose for the third month in February, boosted by desire for business equipment. Bookings increased 1.3 per cent, Commerce department data showed on Tuesday.

[Obsidian 10]

lets see how long 1.30 will hold...