EUR / USD Better off at the casino?

[Pharaoh]

True, but a few other currencies have decided that the USD isn't going to be the fastest falling currency. That, plus some irrational exuberance over some less than horrible US economic news is giving the dollar some impressive looking strength, at least in the short run.

 

[FringFX]

better off at the casino? that's a very bad option.
focus should be finding trading weakness, accepting them, and taking action.

 

[irongoose]

With the S&P Case-Shiller Home Price coming in 9.32 up from the previous 9.0 and 8.08 before that and Consumer confidence beating expectations posting at 68.1 from the previous 61 and only the Chicago PMI disappointing at 49 down from the previous 52.5 would anyone care to offer their incite into why the Euro soared from 1.3073 to 1.3168?

 

[RahmanSL]

"....why the Euro soared from 1.3073 to 1.3168?"


Oh, that!
Last week, the Euro Zone had to make payroll and expenses.....now its the American's turn to recoup their payroll and expenses.

 

[mmII326]

E/U Target:

 

[willforex]

E/U Target:

View attachment 9165

Really bored with the current market. I would like to see 1.29 by end of this week. But that's my personal view.

 

[RahmanSL]

There is more than the EUR/USD in the forex market.....Try some other currencies pair.....perhaps EUR/JPY, USD/JPY, AUD/USD....easier to trade.

 

[brendyfx]

There is more than the EUR/USD in the forex market.....Try some other currencies pair.....perhaps EUR/JPY, USD/JPY, AUD/USD....easier to trade.

Hello Rahman,

Well said mate. I trade more than 05 pairs.

 

[RahmanSL]

Do not trade more than three currencies pair at a time....trading one pair or two pairs in any trading session would be much better because you can better concentrate on market sentiment....also less confusing!

 

[irongoose]

There is more than the EUR/USD in the forex market.....Try some other currencies pair.....perhaps EUR/JPY, USD/JPY, AUD/USD....easier to trade.

Like I ask in the beginning of this blog " EUR/USD better off at the casino?"