EUR/USD Trading Room

[hanzahar]

sape yg gune stoch confirm nga kenyang giler hahahaha

 

[l3800]

tesing support @ 1.314 taktau support daily ke mntlhy ke tapi nov25 nye line

rasional aku trade Short tadi.. Butterfly Pattern @ M5 + Resistance Testing..



1. & 1. suppor @ resistance
completed pattern memberi ciri2 kemungkinan reversal..

best oo trade naked..

 

[razali85]

tungu news malam ni... baru predit price g mna....

 

[rockstar]

huhuhu harap usd lg kuat dr eu....hihihi nk buat po lg la...

 

[hanzahar]

The EUR/USD traded on either side of 1.3200 level for most on the night in chopppy Asian and European trade as currency markets awaited the ECB interest rate decision due later today at 12:45 GMT. In a true testament to the confusion of the marketplace the estimates for ECB policy move vary from the low end of 25bp to a high of 75bp.

Should the ECB deviate from the broad consensus of 50bp rate cut, it will most likely cause a spike in the euro as traders adjust to the surprise, but the longer term price action in the pair will be determined by President Trichet' s commentary at the post meeting press conference at 13:30 GMT.


As we noted yesterday, we believe that he will signal a more dovish stance going forward. We wrote, "over the years, one of ECB's principal concerns in managing the Eurozone monetary policy has been price stability. To that end ECB has always erred on the side of caution and as result has maintained its rates far higher than its G-4 counterparts. Presently EZ rates are more than 200bp higher than those of US and Japan and 100bp higher than the rates in UK. However, with the latest German whole sale price data printing at -3.0% (far below the consensus estimates of -1.7%) any lingering doubt s about inflationary pressures in the region have long been extinguished and the market now expects the ECB to come in line with the rest of the G-4 central banks."

Meanwhile the pair may also be affected by US data due later in the North American session. The weekly jobless claims, as well as Empire and Philly Fed surveys should provide some clue as to the state of the US economy. Most importantly, traders will look for any signs of stabilization. Few market participants expect the economic news to be positive and simply hoping for some sort of a bottom to set in.

However, if the data continues to disappoint to the downside, the euro may get a lift on relative basis. The dollar bulls primary argument for the long greenback position has been based on the idea that US economy will rebound first. But if the US data today shows further deterioration the euro may gain some ground simply on the basis of being the best of the bad alternatives for the time being.

 

[l3800]

@hanzahar..
aku tak faham pe news tu kasi.. huhu..
bleh terangkan tak skit2 maksud2 dan impak dia sbb aku klw bab2 news ni mmg elak trade trus..

 

[rockstar]

hehe yg aku phm word aussie...tp xde la plk word tuh....:-?:-?

 

[Richy]

pair yg diminati ramai

 

[l3800]

cam aku reti usha EU je..nk wat analisis GJ tak mampu aa.. otai2 je kat GY tu..
kat sini beginner cam aku bleh aaa.. nk usha GJ tak nampak pe sgt..
news pun tak reti nk agak..currency strenght pun taktau gune.. kihkihkih.. stakat TA basic je bleh aa..

 

[astagold.UMOFX]

ecb rate announcement la malam ni, patut la euro kena dump awal2, mesti europe yg dump ni, hehehe, ready la for reversal kot malam ni