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2. Sept. no happenings 2. Sept. no happenings
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EURUSD Discuss market action in the Euro versus the US Dollar.

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Old 09-02-2009, 11:05 AM
 

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Default 2. Sept. a lot of happenings
Still waiting for the breakout...
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Last edited by forexflo; 09-03-2009 at 03:56 PM.
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Old 09-02-2009, 12:58 PM
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Quote:
Originally Posted by forexflo View Post
2. Sept. no happenings
LOL

What is about to happen is the biggest event since Lehman collapsed.

It will give the western financial world incl. FOREX a real shake...

Data Will Continue To Build
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Old 09-02-2009, 01:55 PM
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Originally Posted by forexflo View Post
Still waiting for the breakout...
When gold is rising so will the Euro in the EURUSD pair and the AUD in the AUDUSD pair.

The EURO in the EURUSD pair is rising since 12:30 EST because the capping of gold doesn't seem to work.

There is your breakout...
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Old 09-03-2009, 11:44 AM
 

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rising around 120 pips.... yes
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Old 09-03-2009, 12:04 PM
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Bullion Banks are trying to put a lid on gold @983.85. That has brought the EURUSD pair to a halt in the 1.4245 - 1.4265 area.

It all depends now if the gold longs can push the price through 985.00.
Last edited by cas; 09-03-2009 at 12:15 PM.
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Old 09-03-2009, 01:41 PM
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LOL...when the bulls pushed gold through 985.00 in that $10 move just now UP to 994.00 the CCI showed a reading of +332...LOL

That's like gold being on steroids. LOL

The EURUSD pair just sit's there in wating mode at the moment LOL

Another push UP from the Gold bulls in the avo session and the EURUSD pair will respond.
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Old 09-08-2009, 04:24 PM
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1.4500 in the EURUSD pair has turned from support into resistance.

If Gold keeps moving down the Euro will follow.

Gold is leading because of it's position as an inflation hedge.
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