Showing posts with label USD. Show all posts
Showing posts with label USD. Show all posts

Monday, November 15, 2010

EUR/USD for a swoon down?

It looks like Euro is catching a cold. Whether due to the already discounted Fed’s 600 billion dollar splurge over next many months or Ireland or what not may be the reason, USD seems to want to take off, at least in a short term horizon.
As is usual eur/usd topped out by the time the fed and other news came out and now seems slated for the slaughter house having fattened up over last month.
I guess a target in 1.3300s looks plausible.
Let us wait and watch.
Cheers

Friday, December 11, 2009

Euro/USD and USD/CHF - II

Life is funny, I kept tracking EURO and CHF for last two days and they hardly moved. I made money in a pair that had not really hit my conscious- USD/JPY. Suddenly inspiration came while watching EURO with bleary eyes, that USD/JPY was not so bad a set up!
I do not mind, what worked as long as something worked so I can have a relaxed and happy weekend. This will be my last post for the week, so have a nice weekend.

Wednesday, December 9, 2009

Euro/USD and USD/CHF

Euro has been trying to change its daily trend for some time now. It has gone down a long way and I am expecting a correction over next few days even if for going down in the overall state of the trend. I am buying Euro, believing it will go up to at least 1.4900 over a couple of days. Let us see how this works out, as only time tells the truth, everything else is guess work!

CHF of course is mirror reflection of EURO most of the time

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